← Filings of JBHT

Tables in the 10-K of HUNT J B TRANSPORT SERVICES INC

34 tables with numbers, filed Feb 25, 2022. Each one downloads as a CSV for Excel or Google Sheets, with the filing's address in the last row. Only the layout is tidied (a "$" or ")" in a cell of its own is joined to its number); no value is changed. Open the filing on sec.gov ↗

PART I
Item 1.	Business	2
Item 1A.	Risk Factors	8
Item 1B.	Unresolved Staff Comments	12
Item 2.	Properties	12
Item 3.	Legal Proceedings	12
Item 4.	Mine Safety Disclosures	12
PART II

Type	Acreage		Maintenance Shop/ Cross-dock Facility (square feet)		Office Space (square feet)
Maintenance and support facilities		533		1,132,000		198,000
Cross-dock and delivery system facilities		33		3,555,000		137,000
Corporate headquarters campus, Lowell, Arkansas		119		-		607,000
Branch sales offices		-		-		50,000
Other facilities, offices, and parking yards		503		418,000		304,000

Period	Number of Common Shares Purchased		Average Price Paid Per Common Share Purchased			Total Number of Shares Purchased as Part of a Publicly Announced Plan (1)		Maximum Dollar Amount of Shares That May Yet Be Purchased Under the Plan (in millions) (1)
October 1 through October 31, 2021		-		$-			-		$366
November 1 through November 30, 2021		75,509			196.05			75,509		351
December 1 through December 31, 2021		-			-			-		351
Total		75,509		$196.05			75,509		$351

	Years Ended December 31,
	2016		2017		2018	2019	2020		2021
J.B. Hunt Transport Services, Inc.	$100.00		$119.60		$97.58	$123.69	$146.09		$220.05
S&P 500		100.00		121.83		116.49		153.17		181.35	233.41
Peer Group		100.00		130.56		128.21		164.52		197.27	272.79

	Percentage of Operating Revenues		Percentage Change Between Years
	2021		2020		2019	2021 vs. 2020	2020 vs. 2019
Operating revenues		100.0%		100.0%		100.0%		26.3%	5.1%
Operating expenses:
Rents and purchased transportation		53.0		51.4		49.4		30.2	9.4
Salaries, wages and employee benefits		22.7		24.4		23.7		17.6	8.3
Depreciation and amortization		4.6		5.5		5.4		5.6	5.7
Fuel and fuel taxes		4.4		3.7		5.1		48.4	(22.8)

	Operating Revenue by Segment
	Years Ended December 31, (in millions)
	2021		2020		2019
JBI	$5,454		$4,675		$4,745
DCS		2,578		2,196		2,128
ICS		2,538		1,658		1,348
FMS		842		689		567
JBT		796		463		389

	Operating Income by Segment
	Years Ended December 31, (in millions)
	2021		2020		2019
JBI	$603		$428		$447
DCS		304		314		278
ICS		46		(45)		(11)
FMS		28		(1)		(9)
JBT		65		17		29

Plan Category(1)	Number of Securities To Be Issued Upon Exercise of Outstanding Options, Warrants, and Rights		Weighted- average Exercise Price of Outstanding Options, Warrants, and Rights		Number of Securities Remaining Available for Future Issuance Under Equity Compensation Plans (Excluding Securities Reflected in Column (A))
	(A)		(B)		(C)
Equity compensation plans approved by security holders		1,664,242		$-(2)		4,648,867

Allowance for Doubtful Accounts and Other Receivables for the Years Ended:	Balance at Beginning of Year		Charged to Expense		Write-Offs, Net of Recoveries	Balance at End of Year
December 31, 2019	$23.9		$2.8		$(13.4)	$13.3
December 31, 2020		13.3		5.6		(0.5)	18.4
December 31, 2021		18.4		2.6		(4.2)	16.8

Exhibit
Number	Description
3.1	Amended and Restated Articles of Incorporation of J.B. Hunt Transport Services, Inc. dated May 19, 1988 (incorporated by reference from Exhibit 3.1 of the Company’s quarterly report on Form 10-Q for the period ended March 31, 2005, filed April 29, 2005)
3.2	Second Amended and Restated Bylaws of J.B. Hunt Transport Services, Inc. dated October 21, 2021 (incorporated by reference from Exhibit 3.1 of the Company’s current report on Form 8-K, filed October 27, 2021)
4.1	Description of Capital Stock of J.B. Hunt Transport Services, Inc.
4.2	Indenture (incorporated by reference from Exhibit 4.1 of the Company’s registration statement on Form S-3ASR (File No. 333-169365), filed September 14, 2010)
4.3	Third Supplemental Indenture (incorporated by reference from Exhibit 4.4 of the Company’s current report on Form 8-K, filed March 6, 2014)
4.4	Fourth Supplemental Indenture (incorporated by reference from Exhibit 4.3 of the Company’s current report on Form 8-K, filed August 6, 2015)

	Years Ended December 31,
	2021		2020		2019
JBI
Loads		1,984,834		2,019,391		1,979,169
Average length of haul (miles)		1,684		1,690		1,679
Revenue per load	$2,748		$2,315		$2,397
Average tractors during the period(1)		5,904		5,530		5,635
Tractors (end of period)		6,194		5,663		5,559

32.1	Section 1350 Certification
101.INS	Inline XBRL Instance Document
101.SCH	Inline XBRL Taxonomy Extension Schema Document
101.CAL	Inline XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF	Inline XBRL Taxonomy Extension Definition Linkbase Document
101.LAB	Inline XBRL Taxonomy Extension Label Linkbase Document
101.PRE	Inline XBRL Taxonomy Extension Presentation Linkbase Document
104	Cover Page Interactive Data File (Formatted as Inline XBRL and contained in Exhibit 101)

	PAGE
Management’s Report on Internal Control Over Financial Reporting	33
Report of Independent Registered Public Accounting Firm (PCAOB ID Number 238)	34
Report of Prior Independent Registered Public Accounting Firm (PCAOB ID Number 42)	36
Consolidated Balance Sheets as of December 31, 2021 and 2020	37
Consolidated Statements of Earnings for years ended December 31, 2021, 2020, and 2019	38
Consolidated Statements of Stockholders’ Equity for years ended December 31, 2021, 2020, and 2019	39
Consolidated Statements of Cash Flows for years ended December 31, 2021, 2020, and 2019	40

	2021		2020
Assets
Current assets:
Cash and cash equivalents	$355,549		$313,302
Trade accounts receivable, net		1,506,619		1,124,403
Other receivables		216,615		185,849
Inventories		25,032		23,804
Prepaid expenses and other current assets		209,554		194,759

									Accumulated
				Additional				Other
	Common		Paid-in			Retained	Comprehensive		Treasury	Stockholders’
	Stock		Capital			Earnings	(Loss)/Income		Stock	Equity
Balances at December 31, 2018	$1,671		$340,457			$4,188,435	$-		$(2,429,179)	$2,101,384
Comprehensive income:
Net earnings		-			-		516,320				-	516,320
Cash dividend declared and paid ($1.04 per share)		-			-		(111,817)				-	(111,817)

	December 31,
	2021		2020
Senior notes	$1,301.2		$1,305.4
Less current portion of long-term debt		(356.0)		-
Total long-term debt	$945.2		$1,305.4

Restricted Share Units	Number of Shares		Weighted Average Grant Date Fair Value
Unvested at December 31, 2018		1,245,835		$86.80
Granted		440,255			99.60
Vested		(341,218)			85.61
Forfeited		(31,454)			93.91
Unvested at December 31, 2019		1,313,418		$91.22
Granted		511,859			110.49
Vested		(457,437)			93.78

Performance Share Units	Number of Shares		Weighted Average Grant Date Fair Value
Unvested at December 31, 2018		360,512		$93.74
Granted		142,156			98.58
Vested		(127,140)			93.46
Forfeited		-			-
Unvested at December 31, 2019		375,528		$95.67
Granted		202,023			112.87
Vested		(145,038)			89.75

	Asset/(Liability) Balance
	December 31,
	2021	2020	Input Level
Trading investments	$26.0	$23.1		1
Interest rate swap	$6.3	$12.5		2
Senior notes, net of unamortized discount and debt issuance costs	$(356.0)	$(361.3)		2

Year one	$58.6
Year two		40.8
Year three		25.7
Year four		16.8
Year five		10.8
Thereafter		37.8
Total lease payments		190.5
Less interest		(8.2)

							Weighted Average
	December 31,		Amortization
	2021		2020		Period
Finite-lived intangibles:
Customer relationships	$129.9		$131.7			11.1
Non-competition agreements		7.3		7.9				6.7
Trade names		4.2		3.8				2.1
LDC Network		10.5		10.5				10.0

	Assets (Excludes intercompany accounts)
	December 31,
	2021		2020
JBI	$2,858		$2,426
DCS		1,630		1,482
ICS		428		301
FMS		472		486
JBT		403		286

	Revenues
	Years ended December 31,
	2021		2020		2019
JBI	$5,454		$4,675		$4,745
DCS		2,578		2,196		2,128
ICS		2,538		1,658		1,348
FMS		842		689		567
JBT		796		463		389

	Operating Income
	Years ended December 31,
	2021		2020		2019
JBI	$603		$428		$447
DCS		304		314		278
ICS		46		(45)		(11)
FMS		28		(1)		(9)
JBT		65		17		29

Tables in the 10-K of HUNT J B TRANSPORT SERVICES INC

Table 1 after “Page”

Table 2 after “A summary of our principal facilities in locations throughout the U.S. follows:”

Table 3 after “The following table summarizes purchases of our common stock during the three months ended December 31, 2021:”

Table 4 after “The following graph compares the cumulative 5-year total return of stockholders of our common stock with the cumulative total returns of the”

Table 5 after “The following table sets forth items in our Consolidated Statements of Earnings as a percentage of operating revenues and the percentage inc”

Table 6 after “We operated five business segments during calendar year 2021. The operation of each of these businesses is described in our Notes to Consoli”

Table 7 after “We operated five business segments during calendar year 2021. The operation of each of these businesses is described in our Notes to Consoli”

Table 8 after “Operating Data by Segment”

Table 9 after “The following table summarizes, as of December 31, 2021, information about compensation plans under which equity securities of the Company a”

Table 10 after “ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES”

Table 11 after “28”

Table 12 after “29”

Table 13 after “INDEX TO CONSOLIDATED FINANCIAL INFORMATION”

Table 14 after “36”

Table 15 after “37”

Table 16 after “38”

Table 17 after “39”

Table 18 after “We compute basic earnings per share by dividing net earnings available to common stockholders by the actual weighted average number of commo”

Table 19 after “Outstanding borrowings, net of unamortized discount, unamortized debt issuance cost, and fair value swap, under our current financing arrang”

Table 20 after “We account for our restricted share units and performance share units in accordance with current accounting standards for share-based paymen”

Table 21 after “A summary of our restricted share units and performance share units is as follows:”

Table 22 after “A summary of our restricted share units and performance share units is as follows:”

Table 23 after “Income tax expense attributable to earnings before income taxes consists of (in thousands):”

Table 24 after “% as follows (in thousands):”

Table 25 after “are presented below (in thousands):”

Table 26 after “of being sustained under tax audits. We have made adjustments to the balance of unrecognized tax benefits, a component of other long-term li”

Table 27 after “). The following are assets and liabilities measured at fair value on a recurring basis (in millions):”

Table 28 after “months are included in our Consolidated Balance Sheets as discounted liabilities and corresponding right-of-use assets consisting of the fol”

Table 29 after “are as follows (in millions):”

Table 30 after “Our intangible assets consist of those arising from previous business acquisitions and our purchased local distribution center (LDC) network”

Table 31 after “Our customers are geographically dispersed across the United States. A summary of certain segment information is presented below (in million”

Table 32 after “Our customers are geographically dispersed across the United States. A summary of certain segment information is presented below (in million”

Table 33 after “Our customers are geographically dispersed across the United States. A summary of certain segment information is presented below (in million”

Table 34 after “Our customers are geographically dispersed across the United States. A summary of certain segment information is presented below (in million”

	Depreciation and Amortization Expense
	Years ended December 31,
	2021		2020		2019
JBI	$198		$189		$181
DCS		233		224		216
FMS		35		33		30
JBT		36		34		33
Other		55		47		39