Schneider National, Inc.
For the period ended Mar 31, 2026. Filed May 1, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 1, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Common Equity
- COMMON EQUITY
Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share for the three months ended March 31, 2026 and 2025, respectively.
| Three Months EndedMarch 31, | ||
|---|---|---|
| (in millions, except per share data) | 2026 | 2025 |
| Numerator: | ||
| Net income available to common shareholders | $20.4 | $26.1 |
| Denominator: | ||
| Weighted average common shares outstanding | 175.1 | 175.3 |
| Dilutive effect of share-based awards and options outstanding | 0.8 | 0.7 |
| Weighted average diluted common shares outstanding (1) | 175.9 | 176.0 |
| Basic earnings per common share (2) | $0.12 | $0.15 |
| Diluted earnings per common share (2) | 0.12 | 0.15 |
(1)Weighted average diluted common shares outstanding may not sum due to rounding.
(2)Earnings per share were calculated on full precision amounts.
Share-based awards and options excluded from the calculation of diluted earnings per share due to having an anti-dilutive effect for the three months ended March 31, 2026 and 2025 werenot material.
Common Shares Outstanding
As of March 31, 2026 and December 31, 2025, we had 83,029,500 shares of Class A common stock outstanding. There were no changes to the number of shares of Class A common stock outstanding for the three months ended March 31, 2026 and 2025.
Changes to our Class B common shares outstanding for the three months ended March 31, 2026 and 2025 are as follows:
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Outstanding at beginning of period | 91,985,627 | 92,221,383 |
| Repurchases of common stock | (212,208) | (337,352) |
| Share issuances | 532,124 | 464,557 |
| Shares withheld for employee taxes | (210,735) | (179,187) |
| Outstanding at end of period | 92,094,808 | 92,169,401 |
In January 2026, our Board approved a share repurchase program under which the Company is authorized to repurchase up to $150.0 million of its Class A and/or Class B common shares. As of March 31, 2026, the Company had repurchased $5.2 million of its Class B common shares under the share repurchase program.
Subsequent Event - Dividends Declared
In April 2026, the Board declared a quarterly cash dividend for the second fiscal quarter of 2026 in the amount of $0.10 per share to holders of our Class A and Class B common stock. The dividend is payable to shareholders of record at the close of business on June 12, 2026 and will be paid on July 10, 2026.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.