XML 47 R28.htm IDEA: XBRL DOCUMENT v3.20.4
Weighted Average Shares Outstanding
 12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Weighted Average Shares Outstanding Weighted Average Shares Outstanding
Earnings per share, basic and diluted, as presented in the consolidated statements of comprehensive income, are calculated by dividing net income attributable to Knight-Swift by the respective weighted average common shares outstanding during the period.
The following table reconciles basic weighted average shares outstanding to diluted weighted average shares outstanding:
 202020192018
(In thousands)
Basic weighted average common shares outstanding169,711 171,541 177,018 
Dilutive effect of equity awards838 601 981 
Diluted weighted average common shares outstanding170,549 172,142 177,999 
Anti-dilutive shares excluded from earnings per diluted share 1
63 603 47 
1Shares were excluded from the dilutive-effect calculation because the outstanding awards' exercise prices were greater than the average market price of the Company's common stock.