XML 55 R44.htm IDEA: XBRL DOCUMENT
v3.21.1

Indebtedness (Details) - USD ($) |  | 1 Months Ended | 3 Months Ended |  |
--- | --- | --- | --- | --- | ---
Apr. 16, 2020 | Apr. 30, 2021 | Mar. 31, 2021 | Mar. 31, 2020 | Dec. 31, 2020 | Apr. 30, 2020
Debt Instrument [Line Items] |  |  |  |  |  |
Proceeds from revolving credit facility |  |  | $ 0 | $ 65,000,000 |  |
Revolving Credit Facility |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Aggregate principal amount |  |  |  |  |  | $ 225,000,000
Revolving Credit Facility | London Interbank Offered Rate (LIBOR) |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate spread above LIBOR as of reporting period | 1.00% |  |  |  |  |
Revolving Credit Facility |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Credit facility amount |  |  | 112,500,000 |  | $ 112,500,000 | 250,000,000
Available borrowing capacity |  |  | $ 94,174,000 |  |  |
Interest rate at period end |  |  | 3.25% | 2.30% |  |
Term | 5 years |  |  |  |  |
Aggregate principal amount | $ 150,000,000 |  |  |  |  |
Additional borrowing capacity of credit facility |  |  |  |  |  | $ 25,000,000
Revolving Credit Facility | Subsequent Event |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Proceeds from revolving credit facility |  | $ 20,000,000 |  |  |  |
Revolving Credit Facility | London Interbank Offered Rate (LIBOR) |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate spread above LIBOR as of reporting period | 1.00% |  |  |  |  |
Minimum interest rate spread | 2.25% |  |  |  |  |
Maximum interest rate spread | 2.75% |  |  |  |  |
Minimum margin | 0.25% |  |  |  |  |
Maximum margin | 0.75% |  |  |  |  |
Revolving Credit Facility | Base Rate |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Minimum interest rate | 3.00% |  |  |  |  |
Revolving Credit Facility | Fed Funds Effective Rate Overnight Index Swap Rate |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate spread above LIBOR as of reporting period | 0.50% |  |  |  |  |
Letter of Credit |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Outstanding amount |  |  | $ 18,326,000 |  |  |
Sublimit amount | $ 30,000,000 |  |  |  |  |
Swing Line Loan |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Sublimit amount | $ 30,000,000 |  |  |  |  |

X
- Definition Additional optional borrowing capacity under the credit facility. + References No definition available. + Details
Name: | fwrd_AdditionalBorrowingCapacityOfCreditFacility
Namespace Prefix: | fwrd_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Debt Instrument Basis Spread On Alternative Variable Rate Maximum + References No definition available. + Details
Name: | fwrd_DebtInstrumentBasisSpreadOnAlternativeVariableRateMaximum
Namespace Prefix: | fwrd_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument Basis Spread On Alternative Variable Rate Minimum + References No definition available. + Details
Name: | fwrd_DebtInstrumentBasisSpreadOnAlternativeVariableRateMinimum
Namespace Prefix: | fwrd_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The maximum percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | fwrd_DebtInstrumentBasisSpreadOnVariableRateMaximum
Namespace Prefix: | fwrd_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The minimum percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | fwrd_DebtInstrumentBasisSpreadOnVariableRateMinimum
Namespace Prefix: | fwrd_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line of Credit Facility, Interest Rate, Minimum + References No definition available. + Details
Name: | fwrd_LineofCreditFacilityInterestRateMinimum
Namespace Prefix: | fwrd_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentTerm
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition The total amount of the contingent obligation under letters of credit outstanding as of the reporting date. + References No definition available. + Details
Name: | us-gaap_LettersOfCreditOutstandingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The maximum amount of borrowing capacity under a line of credit that is available as of the balance sheet date for a specific purpose other than for financing goods acquired for inventory or imminent delivery to a customer. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityCapacityAvailableForSpecificPurposeOtherThanForTradePurchases
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of current borrowing capacity under the credit facility considering any current restrictions on the amount that could be borrowed (for example, borrowings may be limited by the amount of current assets), but without considering any amounts currently outstanding under the facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The effective interest rate at the end of the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityInterestRateAtPeriodEnd
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of cash inflow from contractual arrangement with the lender, including but not limited to, letter of credit, standby letter of credit and revolving credit arrangements. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3255-108585 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(f)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 + Details
Name: | us-gaap_ProceedsFromLinesOfCredit
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | us-gaap_DebtInstrumentAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_LondonInterbankOfferedRateLIBORMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_BaseRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_FederalFundsEffectiveSwapRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_LetterOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=fwrd_SwingLineLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |