This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Knight Transportation Reports Fourth Quarter And Annual 2012 Revenue And Earnings

Stocks in this article: KNX

Knight Transportation, Inc. (NYSE: KNX), one of North America’s largest and most diversified truckload transportation companies, today reported revenue and net income for the fourth quarter and full year ended December 31, 2012.

Key financial highlights for the fourth quarter and year were as follows:

      Three Months Ended December 31,

(dollars in thousands, except per share data)

      Twelve Months Ended December 31,

(dollars in thousands, except per share data)

 
2012     2011     % Change 2012     2011     % Change
Total revenue $ 242,303 $ 224,100 8.1 % $ 936,036 $ 866,199 8.1 %
GAAP operating income $ 28,564 $ 29,235 -2.3 % $ 108,267 $ 100,021 8.2 %
Adjusted operating income (1) NA NA NA $ 112,248 $ 100,021 12.2 %
GAAP net income $ 17,698 $ 17,469 1.3 % $ 64,117 $ 60,248 6.4 %
Adjusted net income (1) NA NA NA $ 68,011 $ 60,248 12.9 %
GAAP earning per diluted share $ 0.22 $ 0.22 1.0 % $ 0.80 $ 0.74 8.9 %
Adjusted earnings per diluted share (1) NA NA NA $ 0.85 $ 0.74 15.5 %
 
(1) See GAAP to Non-GAAP reconciliation schedule

The company previously announced a quarterly cash dividend of $0.06 per share and a special cash dividend of $0.50 to shareholders of record on December 7, 2012, both of which were paid on December 28, 2012.

1 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs