Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share - Schedule Presents Calculation of Basic and Diluted Loss Per Share (Details)

v3.23.2
Earnings Per Share - Schedule Presents Calculation of Basic and Diluted Loss Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2023
Jun. 30, 2022
Numerator:            
Net income $ 27,524 $ (14,979) $ 31,477 $ (15,179) $ 12,545 $ 16,298
Less: net (income) loss attributable to noncontrolling interests (23,740)   (72,592)   849 (41,998)
Less: dividends on preferred shares (1,857)   (3,250)   (3,926) (6,500)
Add: deemed contribution (dividend) 45,551   127,821   (17,109) 76,890
Add: deemed contribution from redemption of convertible preferred stock         12,679 0
Net income attributable to XPO Inc. - basic 47,478   83,456   5,038 44,690
Add: net income (loss) attributable to non-controlling interests 23,740   72,592   (849) 41,998
Add: dividends on preferred shares 1,857   3,250   3,926 6,500
Less: deemed (contribution) dividend (45,551)   (127,821)     (76,890)
Net income attributable to XPO Inc. - diluted $ 3,784   $ 31,477   $ 4,189 $ 16,298
Denominator:            
Weighted average shares of Class A common stock outstanding - basic 33,045   25,414   31,906 24,083
Weighted average shares of Class A common stock outstanding - diluted 41,593   63,183   50,059 62,696
Dilutive Securities, Effect on Basic Earnings Per Share [Abstract]            
Net loss per share attributable to Class A common stock - basic $ 1.44   $ 3.28   $ 0.16 $ 1.86
Net earnings per share attributable to Class A common stock - diluted $ 0.09   $ 0.50   $ 0.08 $ 0.26
Rumble Class A Common Stock            
Dilutive Securities, Effect on Basic Earnings Per Share [Abstract]            
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount     1,300     1,300
Restricted Stock Units            
Dilutive Securities, Effect on Basic Earnings Per Share [Abstract]            
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 585   474   590 791
Convertible Preferred Stock            
Dilutive Securities, Effect on Basic Earnings Per Share [Abstract]            
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 7,963   13,889   7,963 13,889
Conversion of Class B Common Stock to Class A Common Stock            
Dilutive Securities, Effect on Basic Earnings Per Share [Abstract]            
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 16,574   22,106   17,563 22,633
Rumble Contingent Shares            
Dilutive Securities, Effect on Basic Earnings Per Share [Abstract]            
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 2,024   2,024   2,024 2,024
Profit Interest Units Time Vesting            
Dilutive Securities, Effect on Basic Earnings Per Share [Abstract]            
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 2   43   2 43