J.B. Hunt Transport Services (JBHT) 10-Q/A 4 May 18 2018 Q1 Quarterly report (amended) Financial data

Document And Entity Information

Document And Entity Information	3 Months Ended
	Mar. 31, 2018shares
Document Information [Line Items]
Entity Registrant Name	HUNT J B TRANSPORT SERVICES INC
Entity Central Index Key	728,535
Trading Symbol	jbht
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	Yes
Entity Common Stock, Shares Outstanding (in shares)	109,755,618
Document Type	10-Q/A
Document Period End Date	Mar. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1
Amendment Flag	true
Amendment Description	This Amendment No. 1 on Form 10-Q/A to the J. B. Hunt Transport Services, Inc., Quarterly Report on Form 10-Q, as originally filed with the Securities and Exchange Commission on April 27, 2018 (the “Original Filing”), is being filed solely to correct a typographical error in “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” The Original Filing disclosed Eastern network load volume decreased 12%, when it should have stated load volume increased 12%. Specifically, page 13 of the Original Filing included the sentence: “Transcontinental loads grew 2% during the first quarter 2018, while the Eastern network load volume was down 12% compared to the first quarter 2017.” The sentence has been amended to state the following: “Transcontinental loads grew 2% during the first quarter 2018, while the Eastern network load volume grew 12% compared to the first quarter 2017.” Except as described above, no other changes have been made to the Original Filing. We have restated the entire filing for convenience to the reader. This Form 10-Q/A does not does reflect subsequent events that may have occurred since the date of the Original Filing or amend, update or change the financial statements or any other items or disclosures in the Original Filing. In accordance with Rule 12b-5 under the Securities Exchange Act of 1934, as amended, we have included new certifications from our Chief Executive Officer and Chief Financial Officer dated the date of this Form 10-Q/A.

Condensed Consolidated Statemen

Condensed Consolidated Statements of Earnings (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Operating revenues	$ 1,948,245	$ 1,629,158
Operating expenses:
Rents and purchased transportation	964,892	806,439
Salaries, wages and employee benefits	450,265	380,311
Fuel and fuel taxes	107,881	80,646
Depreciation and amortization	105,583	92,189
Operating supplies and expenses	70,681	58,022
General and administrative expenses, net of asset dispositions	32,326	23,481
Insurance and claims	28,499	23,005
Operating taxes and licenses	11,588	10,680
Communication and utilities	7,749	4,996
Total operating expenses	1,779,464	1,479,769
Operating income	168,781	149,389
Net interest expense	9,152	6,817
Earnings before income taxes	159,629	142,572
Income taxes	41,487	39,870
Net earnings	$ 118,142	$ 102,702
Weighted average basic shares outstanding (in shares)	109,754	110,878
Basic earnings per share (in dollars per share)	$ 1.08	$ 0.93
Weighted average diluted shares outstanding (in shares)	110,863	112,026
Diluted earnings per share (in dollars per share)	$ 1.07	$ 0.92
Dividends declared per common share (in dollars per share)	$ 0.24	$ 0.23
Service Excluding Fuel Surcharge [Member]
Operating revenues	$ 1,712,934	$ 1,461,768
Fuel Surcharge [Member]
Operating revenues	$ 235,311	$ 167,390

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 7,082	$ 14,612
Trade accounts receivable, net	900,903	920,767
Prepaid expenses and other	328,079	403,349
Total current assets	1,236,064	1,338,728
Property and equipment, at cost	4,764,722	4,670,464
Less accumulated depreciation	1,720,446	1,687,133
Net property and equipment	3,044,276	2,983,331
Other assets	141,317	143,290
Total assets	4,421,657	4,465,349
Current liabilities:
Current portion of long-term debt	247,609
Trade accounts payable	503,829	598,594
Claims accruals	256,896	251,980
Accrued payroll	58,599	42,382
Other accrued expenses	25,583	28,888
Total current liabilities	1,092,516	921,844
Long-term debt	752,423	1,085,649
Other long-term liabilities	88,373	76,661
Deferred income taxes	545,282	541,870
Stockholders' equity	1,943,063	1,839,325
Total liabilities and stockholders' equity	$ 4,421,657	$ 4,465,349

Condensed Consolidated Stateme4

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities:
Net earnings	$ 118,142	$ 102,702
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	105,583	92,189
Share-based compensation	12,036	11,170
Loss on sale of revenue equipment and other	2,815	1,709
Deferred income taxes	3,412	1,928
Changes in operating assets and liabilities:
Trade accounts receivable	19,864	37,855
Other assets	(49,189)	35,063
Trade accounts payable	(10,650)	(26,901)
Income taxes payable or receivable	35,434	35,064
Claims accruals	12,543	(2,910)
Accrued payroll and other accrued expenses	11,628	(2,236)
Net cash provided by operating activities	261,618	285,633
Cash flows from investing activities:
Additions to property and equipment	(206,108)	(98,775)
Net proceeds from sale of equipment	27,063	7,768
Change in other assets	(299)	(3,467)
Net cash used in investing activities	(179,344)	(94,474)
Cash flows from financing activities:
Proceeds from revolving lines of credit and other	687,036	666,864
Payments on revolving lines of credit and other	(750,400)	(696,500)
Purchase of treasury stock		(129,761)
Stock repurchased for payroll taxes	(99)	(276)
Dividends paid	(26,341)	(25,602)
Net cash used in financing activities	(89,804)	(185,275)
Net change in cash and cash equivalents	(7,530)	5,884
Cash and cash equivalents at beginning of period	14,612	6,377
Cash and cash equivalents at end of period	7,082	12,261
Supplemental disclosure of cash flow information:
Interest	11,769	9,561
Income taxes	1,834	2,082
Noncash investing activities
Accruals for equipment received	$ 42,554	$ 25,879

Note 1 - General

Note 1 - General	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	1. General Basis of Presentation The accompanying unaudited interim Condensed Consolidated Financial Statements have been prepared in accordance with U.S. generally accepted accounting principles (GAAP) for interim financial information. We believe such statements include all adjustments (consisting only of normal recurring adjustments) necessary for the fair presentation of our financial position, results of operations and cash flows at the dates and for the periods indicated. Pursuant to the requirements of the Securities and Exchange Commission (SEC) applicable to quarterly reports on Form 10 not not 10 December 31, 2017. not may December 31, 2018, August November Recent Accounting Pronouncements In February 2016, 2016 02, 2016 02 December 15, 2018, 10, 10 December 31, 2017 Accounting Prono uncement Adopted in 201 8 In May 2014, No. 2014 09, 2014 09 first 2018, not Revenue Recognition We recognize revenue from customer contracts based on relative transit time in each reporting period and as other performance obligations are provided, with related expenses recognized as incurred. Accordingly, a portion of the total revenue that will be billed to the customer once a load is delivered is recognized in each reporting period based on the percentage of the freight pickup and delivery performance obligation that has been completed at the end of the reporting period. We record revenues on the gross basis at amounts charged to our customers because we control and are primarily responsible for the fulfillment of promised services. Accordingly, we serve as a principal in the transaction. We invoice our customers and we maintain discretion over pricing. Additionally, we are responsible for selection of third Revenue Our revenue is earned through the service offerings of our four 10, Intermodal (JBI) - third one Dedicated Contract Services® (DCS) Integrated Capacity Solutions (ICS) third one Truckload (JBT) not

Note 2 - Earnings Per Share

Note 2 - Earnings Per Share	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Earnings Per Share [Text Block]	2. Earnings Per Share We compute basic earnings per share by dividing net earnings available to common stockholders by the actual weighted average number of common shares outstanding for the reporting period. Diluted earnings per share reflects the potential dilution that could occur if holders of unvested restricted and performance share units converted their holdings into common stock. The dilutive effect of restricted and performance share units was 1.1 first 2018 first 2017.

Note 3 - Share-based Compensati

Note 3 - Share-based Compensation	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	3 . Share-b ased Compensation The following table summarizes the components of our share-based compensation program expense (in thousands): Three Months Ended March 31, 2018 2017 Restricted share units: Pretax compensation expense $ 8,591 $ 8,136 Tax benefit 2,234 2,278 Restricted share unit expense, net of tax $ 6,357 $ 5,858 Performance share units: Pretax compensation expense $ 3,445 $ 3,034 Tax benefit 896 849 Performance share unit expense, net of tax $ 2,549 $ 2,185 As of March 31, 2018, $77.2 $24.8 3.6 2.6 first 2018, 3,432

Note 4 - Financing Arrangements

Note 4 - Financing Arrangements	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Debt Disclosure [Text Block]	4. Financing Arrangements Outstanding borrowings, net of unamortized discount, unamortized debt issuance cost, and fair value swap, under our current financing arrangements consist of the following (in millions): March 31, 2018 December 31, 2017 Senior revolving line of credit $ 167.2 $ 241.4 Senior notes 832.8 844.2 Less current portion of long-term debt (247.6 ) - Total long-term debt $ 752.4 $ 1,085.6 Senior Revolving Line of Credit At March 31, 2018, $500 September 2020. $250 one March 31, 2018, $167.9 2.84% Seni or Notes Our senior notes consist of three first second $250 2.40% March 2019 $250 3.85% March 2024, March 2014. March September September 2014. third $350 3.30% August 2022, August 2015. February August February 2016. three no 1933, February 2014. may 5, $250 2.40% March 2019 $350 3.30% August 2022. Our financing arrangements require us to maintain certain covenants and financial ratios. We were in compliance with all covenants and financial ratios at March 31, 2018. 2019,

Note 5 - Derivative Financial I

Note 5 - Derivative Financial Instruments	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	5. Derivative Financial Instruments We periodically utilize derivative instruments for hedging and non-trading purposes to manage exposure to changes in interest rates and to maintain an appropriate mix of fixed and variable-rate debt. At inception of a derivative contract, we document relationships between derivative instruments and hedged items, as well as our risk-management objective and strategy for undertaking various derivative transactions, and assess hedge effectiveness. If it is determined that a derivative is not We entered into receive fixed-rate and pay variable-rate interest rate swap agreements simultaneously with the issuance of our $250 2.40% March 2019 $350 3.30% August 2022, 2.97% $250 2.40% 3.20% $350 3.30% March 31, 2018. March 31, 2018. 7,

Note 6 - Capital Stock

Note 6 - Capital Stock	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	6 . Capital Stock On October 22, 2015, $500 April 20, 2017, $500 March 31, 2018, $521 not three March 31, 2018. January 24, 2018, $0.23 $0.24, February 23, 201 February 9, 2018 April 19, 2018, $0.24 May 18, 2018 May 4, 2018

Note 7 - Fair Value Measurement

Note 7 - Fair Value Measurements	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Fair Value Disclosures [Text Block]	7 . Fair Value Measurements Assets and Liabilities Measured at Fair Value on a Recurring Basis Our assets and liabilities measured at fair value are based on valuation techniques which consider prices and other relevant information generated by market transactions involving identical or comparable assets and liabilities. These valuation methods are based on either quoted market prices (Level 1 2 Asset/(Liability) Balance March 31, 2018 December 31, 2017 Input Level Trading investments $ 16.4 $ 16.4 1 Interest rate swaps $ (13.1 ) $ (1.4 ) 2 Senior notes, net of unamortized discount and debt issuance costs $ (584.2 ) $ (595.6 ) 2 The fair value of trading investments has been measured using the market approach (Level 1 2 Financial Instruments The carrying amount and estimated fair value at March 31, 2018, 2 not $415.8 $421.0 The carrying amounts of all other instruments at March 31, 2018,

Note 8 - Income Taxes

Note 8 - Income Taxes	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Income Tax Disclosure [Text Block]	8 . Income Taxes Our effective income tax rate was 26.0% three March 31, 2018, 28.0% three March 31, 2017. The Tax Cuts and Jobs Act (the Act) was enacted in December 2017. 2018, 35% 21%. No. 118 March 31, 2018, not may first 2017 one $13.6 2012 2016 At March 31, 2018, $46.1 $36.4 $4.1 March 31, 2018.

Note 9 - Legal Proceedings

Note 9 - Legal Proceedings	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	9 . Legal Proceedings We are a defendant in certain class-action lawsuits in which the plaintiffs are current and former California-based drivers who allege claims for unpaid wages, failure to provide meal and rest periods, and other items. During the first 2014, July 2017, November 2017, February 2018, may 2017, $10 In January 2017, May 1, 2016, no We are involved in certain other claims and pending litigation arising from the normal conduct of business. Based on present knowledge of the facts and, in certain cases, opinions of outside counsel, we believe the resolution of these claims and pending litigation will not

Note 10 - Business Segments

Note 10 - Business Segments	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	1 0 . Business Segments We reported four three March 31, 2018 2017. 13, Segment Information 10 December 31, 2017. Assets (Excludes intercompany accounts) As of March 31, 2018 December 31, 2017 JBI $ 2,094 $ 2,108 DCS 1,254 1,182 ICS 197 204 JBT 275 283 Other (includes corporate) 602 688 Total $ 4,422 $ 4,465 Operating Revenues For The Three Months Ended March 31, 2018 2017 JBI $ 1,070 $ 937 DCS 494 392 ICS 296 209 JBT 93 94 Subtotal 1,953 1,632 Inter-segment eliminations (5 ) (3 ) Total $ 1,948 $ 1,629 Operating Income For The Three Months Ended March 31, 2018 2017 JBI $ 114.2 $ 95.3 DCS 40.6 44.8 ICS 8.9 4.4 JBT 5.1 4.9 Total $ 168.8 $ 149.4 Depreciation and Amortization Expense For The Three Months Ended March 31, 2018 2017 JBI $ 42.7 $ 40.5 DCS 46.9 36.5 ICS 0.4 0.2 JBT 10.2 10.2 Other (includes corporate) 5.4 4.8 Total $ 105.6 $ 92.2

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2018
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The accompanying unaudited interim Condensed Consolidated Financial Statements have been prepared in accordance with U.S. generally accepted accounting principles (GAAP) for interim financial information. We believe such statements include all adjustments (consisting only of normal recurring adjustments) necessary for the fair presentation of our financial position, results of operations and cash flows at the dates and for the periods indicated. Pursuant to the requirements of the Securities and Exchange Commission (SEC) applicable to quarterly reports on Form 10 not not 10 December 31, 2017. not may December 31, 2018, August November
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In February 2016, 2016 02, 2016 02 December 15, 2018, 10, 10 December 31, 2017 Accounting Prono uncement Adopted in 201 8 In May 2014, No. 2014 09, 2014 09 first 2018, not
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition We recognize revenue from customer contracts based on relative transit time in each reporting period and as other performance obligations are provided, with related expenses recognized as incurred. Accordingly, a portion of the total revenue that will be billed to the customer once a load is delivered is recognized in each reporting period based on the percentage of the freight pickup and delivery performance obligation that has been completed at the end of the reporting period. We record revenues on the gross basis at amounts charged to our customers because we control and are primarily responsible for the fulfillment of promised services. Accordingly, we serve as a principal in the transaction. We invoice our customers and we maintain discretion over pricing. Additionally, we are responsible for selection of third Revenue Our revenue is earned through the service offerings of our four 10, Intermodal (JBI) - third one Dedicated Contract Services® (DCS) Integrated Capacity Solutions (ICS) third one Truckload (JBT) not

Note 3 - Share-based Compensa16

Note 3 - Share-based Compensation (Tables)	3 Months Ended
	Mar. 31, 2018
Notes Tables
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]	Three Months Ended March 31, 2018 2017 Restricted share units: Pretax compensation expense $ 8,591 $ 8,136 Tax benefit 2,234 2,278 Restricted share unit expense, net of tax $ 6,357 $ 5,858 Performance share units: Pretax compensation expense $ 3,445 $ 3,034 Tax benefit 896 849 Performance share unit expense, net of tax $ 2,549 $ 2,185

Note 4 - Financing Arrangemen17

Note 4 - Financing Arrangements (Tables)	3 Months Ended
	Mar. 31, 2018
Notes Tables
Schedule of Debt [Table Text Block]	March 31, 2018 December 31, 2017 Senior revolving line of credit $ 167.2 $ 241.4 Senior notes 832.8 844.2 Less current portion of long-term debt (247.6 ) - Total long-term debt $ 752.4 $ 1,085.6

Note 7 - Fair Value Measureme18

Note 7 - Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2018
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Asset/(Liability) Balance March 31, 2018 December 31, 2017 Input Level Trading investments $ 16.4 $ 16.4 1 Interest rate swaps $ (13.1 ) $ (1.4 ) 2 Senior notes, net of unamortized discount and debt issuance costs $ (584.2 ) $ (595.6 ) 2

Note 10 - Business Segments (Ta

Note 10 - Business Segments (Tables)	3 Months Ended
	Mar. 31, 2018
Notes Tables
Reconciliation of Assets from Segment to Consolidated [Table Text Block]	Assets (Excludes intercompany accounts) As of March 31, 2018 December 31, 2017 JBI $ 2,094 $ 2,108 DCS 1,254 1,182 ICS 197 204 JBT 275 283 Other (includes corporate) 602 688 Total $ 4,422 $ 4,465
Reconciliation of Revenue from Segments to Consolidated [Table Text Block]	Operating Revenues For The Three Months Ended March 31, 2018 2017 JBI $ 1,070 $ 937 DCS 494 392 ICS 296 209 JBT 93 94 Subtotal 1,953 1,632 Inter-segment eliminations (5 ) (3 ) Total $ 1,948 $ 1,629
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	Operating Income For The Three Months Ended March 31, 2018 2017 JBI $ 114.2 $ 95.3 DCS 40.6 44.8 ICS 8.9 4.4 JBT 5.1 4.9 Total $ 168.8 $ 149.4
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated [Table Text Block]	Depreciation and Amortization Expense For The Three Months Ended March 31, 2018 2017 JBI $ 42.7 $ 40.5 DCS 46.9 36.5 ICS 0.4 0.2 JBT 10.2 10.2 Other (includes corporate) 5.4 4.8 Total $ 105.6 $ 92.2

Note 1 - General (Details Textu

Note 1 - General (Details Textual)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Number of Reportable Segments	4	4

Note 2 - Earnings Per Share (De

Note 2 - Earnings Per Share (Details Textual) - shares shares in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Incremental Common Shares Attributable to Share-based Payment Arrangements, Total	1.1	1.1

Note 3 - Share-based Compensa22

Note 3 - Share-based Compensation (Details Textual) $ in Millions	3 Months Ended
	Mar. 31, 2018USD ($)shares
Restricted Stock Units (RSUs) [Member]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total	$ 77.2
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	3 years 219 days
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period | shares	3,432
Performance Shares [Member]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total	$ 24.8
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	2 years 219 days

Note 3 - Share-based Compensa23

Note 3 - Share-based Compensation - Components of Share-based Compensation (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Restricted Stock Units (RSUs) [Member]
Pretax compensation expense	$ 8,591	$ 8,136
Tax benefit	2,234	2,278
Share unit expense, net of tax	6,357	5,858
Performance Shares [Member]
Pretax compensation expense	3,445	3,034
Tax benefit	896	849
Share unit expense, net of tax	$ 2,549	$ 2,185

Note 4 - Financing Arrangemen24

Note 4 - Financing Arrangements (Details Textual) $ in Millions	Mar. 31, 2018USD ($)
Senior Notes [Member] | Senior Notes, First Issuance [Member]
Unsecured Debt, Total	$ 250
Debt Instrument, Interest Rate, Stated Percentage	2.40%
Senior Notes [Member] | Senior Notes, Second Issuance [Member]
Unsecured Debt, Total	$ 250
Debt Instrument, Interest Rate, Stated Percentage	3.85%
Senior Notes [Member] | Senior Notes, Third Issuance [Member]
Unsecured Debt, Total	$ 350
Debt Instrument, Interest Rate, Stated Percentage	3.30%
Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 500
Line of Credit Facility, Maximum Borrowing Capacity, Optional Increase	250
Long-term Line of Credit, Total	$ 167.9
Debt, Weighted Average Interest Rate	2.84%

Note 4 - Financing Arrangemen25

Note 4 - Financing Arrangements - Outstanding Borrowings (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Less current portion of long-term debt	$ (247,609)
Long-term debt	752,423	1,085,649
Line of Credit [Member]
Long-term Debt, Total	167,200	241,400
Senior Notes [Member]
Long-term Debt, Total	$ 832,800	$ 844,200

Note 5 - Derivative Financial26

Note 5 - Derivative Financial Instruments (Details Textual) $ in Millions	Mar. 31, 2018USD ($)
Senior Notes, First Issuance [Member] | Fair Value Hedging [Member] | Interest Rate Swap [Member] | London Interbank Offered Rate (LIBOR) [Member]
Derivative, Variable Interest Rate	2.97%
Senior Notes, Third Issuance [Member] | Fair Value Hedging [Member] | Interest Rate Swap [Member] | London Interbank Offered Rate (LIBOR) [Member]
Derivative, Variable Interest Rate	3.20%
Senior Notes [Member] | Senior Notes, First Issuance [Member]
Unsecured Debt, Total	$ 250
Debt Instrument, Interest Rate, Stated Percentage	2.40%
Senior Notes [Member] | Senior Notes, Third Issuance [Member]
Unsecured Debt, Total	$ 350
Debt Instrument, Interest Rate, Stated Percentage	3.30%

Note 6 - Capital Stock (Details

Note 6 - Capital Stock (Details Textual) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	Apr. 19, 2018	Jan. 24, 2018	Apr. 20, 2017	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Oct. 22, 2015
Stock Repurchase Program, Authorized Amount							$ 500
Stock Repurchase Program, Additional Authorized Amount			$ 500
Stock Repurchase Program, Remaining Authorized Repurchase Amount				$ 521
Treasury Stock, Shares, Acquired				0
Common Stock, Dividends, Per Share, Cash Paid					$ 0.23
Common Stock, Dividends, Per Share, Declared		$ 0.24		$ 0.24		$ 0.23
Dividends Payable, Date to be Paid		Feb. 23, 201
Dividends Payable, Date of Record		Feb. 9, 2018
Subsequent Event [Member]
Common Stock, Dividends, Per Share, Declared	$ 0.24
Dividends Payable, Date to be Paid	May 18, 2018
Dividends Payable, Date of Record	May 4, 2018

Note 7 - Fair Value Measureme28

Note 7 - Fair Value Measurements (Details Textual) - Senior Notes [Member] - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Long-term Debt, Total	$ 832.8	$ 844.2
Fair Value, Measurements, Recurring [Member]
Long-term Debt, Total	415.8
Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value Measurement [Member]
Long-term Debt, Fair Value	$ 421

Note 7 - Fair Value Measureme29

Note 7 - Fair Value Measurements - Assets and Liabilities Measured at Fair Value (Details) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Fair Value, Inputs, Level 1 [Member]
Trading investments	$ 16.4	$ 16.4
Fair Value, Inputs, Level 2 [Member]
Interest rate swaps, liabilities	(13.1)	(1.4)
Senior notes, net of unamortized discount and debt issuance costs	$ (584.2)	$ (595.6)

Note 8 - Income Taxes (Details

Note 8 - Income Taxes (Details Textual) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	26.00%	28.00%		35.00%
Effective Income Tax Rate Reconciliation, Tax Credit, Research, Amount		$ 13.6
Unrecognized Tax Benefits, Ending Balance	$ 46.1
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	36.4
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued, Total	$ 4.1
Scenario, Forecast [Member]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent			21.00%

Note 9 - Legal Proceedings (Det

Note 9 - Legal Proceedings (Details Textual) $ in Millions	Dec. 31, 2017USD ($)
Estimated Litigation Liability	$ 10

Note 10 - Business Segments (De

Note 10 - Business Segments (Details Textual)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Number of Reportable Segments	4	4

Note 10 - Business Segments - A

Note 10 - Business Segments - Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Assets	$ 4,421,657	$ 4,465,349
Operating Segments [Member] | JBI [Member]
Assets	2,094,000	2,108,000
Operating Segments [Member] | DCS [Member]
Assets	1,254,000	1,182,000
Operating Segments [Member] | ICS [Member]
Assets	197,000	204,000
Operating Segments [Member] | JBT [Member]
Assets	275,000	283,000
Corporate and Reconciling Items [Member]
Assets	$ 602,000	$ 688,000

Note 10 - Business Segments - O

Note 10 - Business Segments - Operating Revenues (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Revenues	$ 1,948,245	$ 1,629,158
Operating Segments [Member]
Revenues	1,953,000	1,632,000
Intersegment Eliminations [Member]
Revenues	(5,000)	(3,000)
JBI [Member] | Operating Segments [Member]
Revenues	1,070,000	937,000
DCS [Member] | Operating Segments [Member]
Revenues	494,000	392,000
ICS [Member] | Operating Segments [Member]
Revenues	296,000	209,000
JBT [Member] | Operating Segments [Member]
Revenues	$ 93,000	$ 94,000

Note 10 - Business Segments -35

Note 10 - Business Segments - Operating Income (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Operating income	$ 168,781	$ 149,389
JBI [Member] | Operating Segments [Member]
Operating income	114,200	95,300
DCS [Member] | Operating Segments [Member]
Operating income	40,600	44,800
ICS [Member] | Operating Segments [Member]
Operating income	8,900	4,400
JBT [Member] | Operating Segments [Member]
Operating income	$ 5,100	$ 4,900

Note 10 - Business Segments - D

Note 10 - Business Segments - Depreciation and Amortization (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Depreciation and amortization	$ 105,583	$ 92,189
Corporate and Reconciling Items [Member]
Depreciation and amortization	5,400	4,800
JBI [Member] | Operating Segments [Member]
Depreciation and amortization	42,700	40,500
DCS [Member] | Operating Segments [Member]
Depreciation and amortization	46,900	36,500
ICS [Member] | Operating Segments [Member]
Depreciation and amortization	400	200
JBT [Member] | Operating Segments [Member]
Depreciation and amortization	$ 10,200	$ 10,200