Held for Sale Subsidiary (Tables)

9 Months Ended

Sep. 27, 2025

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disclosure of Long Lived Assets and Liabilities Held for Sale

As of September 27, 2025, the assets and liabilities of Landstar Metro are presented as held for sale at carrying value. A summary of assets and liabilities associated with Landstar Metro that are held for sale, is presented below (in thousands):


	As of September 27, 2025
Assets held for sale:
Cash and cash equivalents	$	798
Trade and other receivables		9,362
Operating property		7,601
Other assets		4,707
Less: valuation allowance		(8,612	)

Total assets held for sale (1)	$	13,856

Liabilities held for sale:
Accounts payable	$	2,132
Deferred income taxes and other liabilities		2,115

Total liabilities held for sale (1)	$	4,247

Cumulative translation loss of foreign entities held for sale (2)	$	1,205

(1)	Assets and liabilities held for sale are separately presented on the consolidated balance sheets.

(2)	Cumulative translation loss of foreign entities held for sale is included within accumulated other comprehensive loss on the consolidated balance sheets.

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

+ References

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+ Details

LANDSTAR SYSTEM INC 10-Q