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Fastenal Co. – ‘10-Q’ for 9/30/20 – ‘JSON’

On:  Friday, 10/16/20, at 11:06am ET   ·   For:  9/30/20   ·   Accession #:  815556-20-67   ·   File #:  0-16125

Previous ‘10-Q’:  ‘10-Q’ on 7/17/20 for 6/30/20   ·   Next:  ‘10-Q’ on 4/16/21 for 3/31/21   ·   Latest:  ‘10-Q’ on 4/16/24 for 3/31/24   ·   2 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size

10/16/20  Fastenal Co.                      10-Q        9/30/20   50:4.8M

Quarterly Report   —   Form 10-Q
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    563K 
 2: EX-31       Section 302 CEO and CFO Certification               HTML     26K 
 3: EX-32       Section 906 CEO and CFO Certifcation                HTML     18K 
10: R1          Document and Entity Information                     HTML     68K 
11: R2          Condensed Consolidated Balance Sheets               HTML     89K 
12: R3          Condensed Consolidated Balance Sheets               HTML     38K 
                (Parenthetical)                                                  
13: R4          Condensed Consolidated Statements of Earnings       HTML     74K 
14: R5          Condensed Consolidated Statements of Comprehensive  HTML     32K 
                Income                                                           
15: R6          Condensed Consolidated Statements of Comprehensive  HTML     18K 
                Income (Parenthetical)                                           
16: R7          Condensed Consolidated Statements of Stockholders'  HTML     65K 
                Equity                                                           
17: R8          Condensed Consolidated Statements of Cash Flows     HTML    103K 
18: R9          Basis of Presentation                               HTML     24K 
19: R10         Asset Acquisition                                   HTML     18K 
20: R11         Revenue                                             HTML     98K 
21: R12         Stockholders' Equity                                HTML    127K 
22: R13         Income Taxes                                        HTML     20K 
23: R14         Operating Leases                                    HTML     17K 
24: R15         Debt Commitments                                    HTML     56K 
25: R16         Legal Contingencies                                 HTML     18K 
26: R17         Subsequent Events                                   HTML     18K 
27: R18         Basis of Presentation (Policies)                    HTML     28K 
28: R19         Revenue (Tables)                                    HTML     93K 
29: R20         Stockholders' Equity (Tables)                       HTML    132K 
30: R21         Debt Commitments (Tables)                           HTML     55K 
31: R22         Basis of Presentation (Details)                     HTML     22K 
32: R23         Asset Acquisition (Details)                         HTML     24K 
33: R24         Revenue - Revenues by Geographic Areas (Details)    HTML     30K 
34: R25         Revenue - Percentages of Sales by End Market        HTML     28K 
                (Details)                                                        
35: R26         Revenue - Percentages of Sales by Product Line      HTML     44K 
                (Details)                                                        
36: R27         Stockholders' Equity - Additional Information       HTML     32K 
                (Details)                                                        
37: R28         Stockholders' Equity - Schedule of Dividends Paid   HTML     22K 
                Previously or Declared (Details)                                 
38: R29         Stockholders' Equity - Stock Options Granted        HTML     58K 
                (Details)                                                        
39: R30         Stockholders' Equity - Fair Value Assumptions for   HTML     58K 
                Options Granted (Details)                                        
40: R31         Stockholders' Equity - Reconciliation of            HTML     24K 
                Denominators used in Computation of Basic and                    
                Diluted Earnings Per Share (Details)                             
41: R32         Stockholders' Equity - Summary of Anti-Dilutive     HTML     20K 
                Options Excluded (Details)                                       
42: R33         Income Taxes - Additional Information (Details)     HTML     21K 
43: R34         Operating Leases - Additional Information           HTML     17K 
                (Details)                                                        
44: R35         Debt Commitments - Debt Obligations and Letters of  HTML     55K 
                Credit Outstanding (Details)                                     
45: R36         Debt Commitments - Unsecured Revolving Credit       HTML     31K 
                Facility (Details)                                               
46: R37         Debt Commitments - Senior Unsecured Promissory      HTML     20K 
                Notes Payable (Details)                                          
48: XML         IDEA XML File -- Filing Summary                      XML     84K 
 9: XML         XBRL Instance -- fast-20200930_htm                   XML   1.31M 
47: EXCEL       IDEA Workbook of Financial Reports                  XLSX     50K 
 5: EX-101.CAL  XBRL Calculations -- fast-20200930_cal               XML    130K 
 6: EX-101.DEF  XBRL Definitions -- fast-20200930_def                XML    259K 
 7: EX-101.LAB  XBRL Labels -- fast-20200930_lab                     XML    872K 
 8: EX-101.PRE  XBRL Presentations -- fast-20200930_pre              XML    485K 
 4: EX-101.SCH  XBRL Schema -- fast-20200930                         XSD     91K 
49: JSON        XBRL Instance as JSON Data -- MetaLinks              219±   308K 
50: ZIP         XBRL Zipped Folder -- 0000815556-20-000067-xbrl      Zip    171K 


‘JSON’   —   XBRL Instance as JSON Data — MetaLinks


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                    "http://www.fastenal.com/role/DocumentandEntityInformation"
                    ],
                "xbrltype":  "submissionTypeItemType"
                },
            "dei_EntityAddressAddressLine1":  {
                "auth_ref":  [
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Address Line 1 such as Attn, Building Name, Street Name",
                            "label":  "Entity Address, Address Line One",
                            "terseLabel":  "Entity Address, Address Line One"
                            }
                        }
                    },
                "localname":  "EntityAddressAddressLine1",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
                    "http://www.fastenal.com/role/DocumentandEntityInformation"
                    ],
                "xbrltype":  "normalizedStringItemType"
                },
            "dei_EntityAddressCityOrTown":  {
                "auth_ref":  [
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Name of the City or Town",
                            "label":  "Entity Address, City or Town",
                            "terseLabel":  "Entity Address, City or Town"
                            }
                        }
                    },
                "localname":  "EntityAddressCityOrTown",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
                    "http://www.fastenal.com/role/DocumentandEntityInformation"
                    ],
                "xbrltype":  "normalizedStringItemType"
                },
            "dei_EntityAddressPostalZipCode":  {
                "auth_ref":  [
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Code for the postal or zip code",
                            "label":  "Entity Address, Postal Zip Code",
                            "terseLabel":  "Entity Address, Postal Zip Code"
                            }
                        }
                    },
                "localname":  "EntityAddressPostalZipCode",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
                    "http://www.fastenal.com/role/DocumentandEntityInformation"
                    ],
                "xbrltype":  "normalizedStringItemType"
                },
            "dei_EntityAddressStateOrProvince":  {
                "auth_ref":  [
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Name of the state or province.",
                            "label":  "Entity Address, State or Province",
                            "terseLabel":  "Entity Address, State or Province"
                            }
                        }
                    },
                "localname":  "EntityAddressStateOrProvince",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
                    "http://www.fastenal.com/role/DocumentandEntityInformation"
                    ],
                "xbrltype":  "stateOrProvinceItemType"
                },
            "dei_EntityCentralIndexKey":  {
                "auth_ref":  [
                    "r334"
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC.  It is commonly abbreviated as CIK.",
                            "label":  "Entity Central Index Key",
                            "terseLabel":  "Entity Central Index Key"
                            }
                        }
                    },
                "localname":  "EntityCentralIndexKey",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
                    "http://www.fastenal.com/role/DocumentandEntityInformation"
                    ],
                "xbrltype":  "centralIndexKeyItemType"
                },
            "dei_EntityCommonStockSharesOutstanding":  {
                "auth_ref":  [
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report.  Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.",
                            "label":  "Entity Common Stock, Shares Outstanding",
                            "terseLabel":  "Entity Common Stock, Shares Outstanding"
                            }
                        }
                    },
                "localname":  "EntityCommonStockSharesOutstanding",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
                    "http://www.fastenal.com/role/DocumentandEntityInformation"
                    ],
                "xbrltype":  "sharesItemType"
                },
            "dei_EntityCurrentReportingStatus":  {
                "auth_ref":  [
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days.  This information should be based on the registrant's current or most recent filing containing the related disclosure.",
                            "label":  "Entity Current Reporting Status",
                            "terseLabel":  "Entity Current Reporting Status"
                            }
                        }
                    },
                "localname":  "EntityCurrentReportingStatus",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
                    "http://www.fastenal.com/role/DocumentandEntityInformation"
                    ],
                "xbrltype":  "yesNoItemType"
                },
            "dei_EntityEmergingGrowthCompany":  {
                "auth_ref":  [
                    "r334"
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Indicate if registrant meets the emerging growth company criteria.",
                            "label":  "Entity Emerging Growth Company",
                            "terseLabel":  "Entity Emerging Growth Company"
                            }
                        }
                    },
                "localname":  "EntityEmergingGrowthCompany",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
                    "http://www.fastenal.com/role/DocumentandEntityInformation"
                    ],
                "xbrltype":  "booleanItemType"
                },
            "dei_EntityFileNumber":  {
                "auth_ref":  [
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Commission file number.  The field allows up to 17 characters.  The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.",
                            "label":  "Entity File Number",
                            "terseLabel":  "Entity File Number"
                            }
                        }
                    },
                "localname":  "EntityFileNumber",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
                    "http://www.fastenal.com/role/DocumentandEntityInformation"
                    ],
                "xbrltype":  "fileNumberItemType"
                },
            "dei_EntityFilerCategory":  {
                "auth_ref":  [
                    "r334"
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Indicate whether the registrant is one of the following:  Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer.  Definitions of these categories are stated in Rule 12b-2 of the Exchange Act.  This information should be based on the registrant's current or most recent filing containing the related disclosure.",
                            "label":  "Entity Filer Category",
                            "terseLabel":  "Entity Filer Category"
                            }
                        }
                    },
                "localname":  "EntityFilerCategory",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
                    "http://www.fastenal.com/role/DocumentandEntityInformation"
                    ],
                "xbrltype":  "filerCategoryItemType"
                },
            "dei_EntityIncorporationStateCountryCode":  {
                "auth_ref":  [
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Two-character EDGAR code representing the state or country of incorporation.",
                            "label":  "Entity Incorporation, State or Country Code",
                            "terseLabel":  "Entity Incorporation, State or Country Code"
                            }
                        }
                    },
                "localname":  "EntityIncorporationStateCountryCode",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
                    "http://www.fastenal.com/role/DocumentandEntityInformation"
                    ],
                "xbrltype":  "edgarStateCountryItemType"
                },
            "dei_EntityInteractiveDataCurrent":  {
                "auth_ref":  [
                    "r335"
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).",
                            "label":  "Entity Interactive Data Current",
                            "terseLabel":  "Entity Interactive Data Current"
                            }
                        }
                    },
                "localname":  "EntityInteractiveDataCurrent",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
                    "http://www.fastenal.com/role/DocumentandEntityInformation"
                    ],
                "xbrltype":  "yesNoItemType"
                },
            "dei_EntityRegistrantName":  {
                "auth_ref":  [
                    "r334"
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.",
                            "label":  "Entity Registrant Name",
                            "terseLabel":  "Entity Registrant Name"
                            }
                        }
                    },
                "localname":  "EntityRegistrantName",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
                    "http://www.fastenal.com/role/DocumentandEntityInformation"
                    ],
                "xbrltype":  "normalizedStringItemType"
                },
            "dei_EntityShellCompany":  {
                "auth_ref":  [
                    "r334"
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.",
                            "label":  "Entity Shell Company",
                            "terseLabel":  "Entity Shell Company"
                            }
                        }
                    },
                "localname":  "EntityShellCompany",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
                    "http://www.fastenal.com/role/DocumentandEntityInformation"
                    ],
                "xbrltype":  "booleanItemType"
                },
            "dei_EntitySmallBusiness":  {
                "auth_ref":  [
                    "r334"
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Indicates that the company is a Smaller Reporting Company (SRC).",
                            "label":  "Entity Small Business",
                            "terseLabel":  "Entity Small Business"
                            }
                        }
                    },
                "localname":  "EntitySmallBusiness",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
                    "http://www.fastenal.com/role/DocumentandEntityInformation"
                    ],
                "xbrltype":  "booleanItemType"
                },
            "dei_EntityTaxIdentificationNumber":  {
                "auth_ref":  [
                    "r334"
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.",
                            "label":  "Entity Tax Identification Number",
                            "terseLabel":  "Entity Tax Identification Number"
                            }
                        }
                    },
                "localname":  "EntityTaxIdentificationNumber",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
                    "http://www.fastenal.com/role/DocumentandEntityInformation"
                    ],
                "xbrltype":  "employerIdItemType"
                },
            "dei_LocalPhoneNumber":  {
                "auth_ref":  [
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Local phone number for entity.",
                            "label":  "Local Phone Number",
                            "terseLabel":  "Local Phone Number"
                            }
                        }
                    },
                "localname":  "LocalPhoneNumber",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
                    "http://www.fastenal.com/role/DocumentandEntityInformation"
                    ],
                "xbrltype":  "normalizedStringItemType"
                },
            "dei_Security12bTitle":  {
                "auth_ref":  [
                    "r330"
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Title of a 12(b) registered security.",
                            "label":  "Title of 12(b) Security",
                            "terseLabel":  "Title of 12(b) Security"
                            }
                        }
                    },
                "localname":  "Security12bTitle",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
                    "http://www.fastenal.com/role/DocumentandEntityInformation"
                    ],
                "xbrltype":  "securityTitleItemType"
                },
            "dei_SecurityExchangeName":  {
                "auth_ref":  [
                    "r331"
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Name of the Exchange on which a security is registered.",
                            "label":  "Security Exchange Name",
                            "terseLabel":  "Security Exchange Name"
                            }
                        }
                    },
                "localname":  "SecurityExchangeName",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
                    "http://www.fastenal.com/role/DocumentandEntityInformation"
                    ],
                "xbrltype":  "edgarExchangeCodeItemType"
                },
            "dei_TradingSymbol":  {
                "auth_ref":  [
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "Trading symbol of an instrument as listed on an exchange.",
                            "label":  "Trading Symbol",
                            "terseLabel":  "Trading Symbol"
                            }
                        }
                    },
                "localname":  "TradingSymbol",
                "nsuri":  "http://xbrl.sec.gov/dei/2020-01-31",
                "presentation":  [
                    "http://www.fastenal.com/role/DocumentandEntityInformation"
                    ],
                "xbrltype":  "tradingSymbolItemType"
                },
            "fast_A1.69SeniorUnsecuredPromissoryNotePayableMember":  {
                "auth_ref":  [
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "1.69% Senior Unsecured Promissory Note Payable [Member]",
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                            "terseLabel":  "Senior unsecured promissory notes payable, Series F"
                            }
                        }
                    },
                "localname":  "A1.69SeniorUnsecuredPromissoryNotePayableMember",
                "nsuri":  "http://www.fastenal.com/20200930",
                "presentation":  [
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                    ],
                "xbrltype":  "domainItemType"
                },
            "fast_A2.00SeniorPromissoryNotePayableMember":  {
                "auth_ref":  [
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "2.00% Senior Unsecured Promissory Note Payable [Member]",
                            "label":  "2.00% Senior Promissory Note Payable [Member]",
                            "terseLabel":  "Senior unsecured promissory notes payable, Series A"
                            }
                        }
                    },
                "localname":  "A2.00SeniorPromissoryNotePayableMember",
                "nsuri":  "http://www.fastenal.com/20200930",
                "presentation":  [
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                "xbrltype":  "domainItemType"
                },
            "fast_A2.13SeniorUnsecuredPromissoryNotePayableMember":  {
                "auth_ref":  [
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                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "2.13% Senior Unsecured Promissory Note Payable [Member]",
                            "label":  "2.13% Senior Unsecured Promissory Note Payable [Member]",
                            "terseLabel":  "Senior unsecured promissory notes payable, Series G"
                            }
                        }
                    },
                "localname":  "A2.13SeniorUnsecuredPromissoryNotePayableMember",
                "nsuri":  "http://www.fastenal.com/20200930",
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                "xbrltype":  "domainItemType"
                },
            "fast_A2.45SeniorUnsecuredPromissoryNotePayableMember":  {
                "auth_ref":  [
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "2.45% Senior Unsecured Promissory Note Payable [Member]",
                            "label":  "2.45% Senior Unsecured Promissory Note Payable [Member]",
                            "terseLabel":  "Senior unsecured promissory notes payable, Series B"
                            }
                        }
                    },
                "localname":  "A2.45SeniorUnsecuredPromissoryNotePayableMember",
                "nsuri":  "http://www.fastenal.com/20200930",
                "presentation":  [
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                    ],
                "xbrltype":  "domainItemType"
                },
            "fast_A2.50SeniorUnsecuredPromissoryNotePayableMember":  {
                "auth_ref":  [
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "2.50% Senior Unsecured Promissory Note Payable [Member]",
                            "label":  "2.50% Senior Unsecured Promissory Note Payable [Member]",
                            "terseLabel":  "Senior unsecured promissory notes payable, Series H"
                            }
                        }
                    },
                "localname":  "A2.50SeniorUnsecuredPromissoryNotePayableMember",
                "nsuri":  "http://www.fastenal.com/20200930",
                "presentation":  [
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                    ],
                "xbrltype":  "domainItemType"
                },
            "fast_A2.66SeniorUnsecuredPromissoryNotePayableMember":  {
                "auth_ref":  [
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "2.66% Senior Unsecured Promissory Note Payable [Member]",
                            "label":  "2.66% Senior Unsecured Promissory Note Payable [Member]",
                            "terseLabel":  "Senior unsecured promissory notes payable, Series D"
                            }
                        }
                    },
                "localname":  "A2.66SeniorUnsecuredPromissoryNotePayableMember",
                "nsuri":  "http://www.fastenal.com/20200930",
                "presentation":  [
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                    ],
                "xbrltype":  "domainItemType"
                },
            "fast_A2.72SeniorUnsecuredPromissoryNotePayableMember":  {
                "auth_ref":  [
                    ],
                "lang":  {
                    "en-US":  {
                        "role":  {
                            "documentation":  "2.72% Senior Unsecured Promissory Note Payable [Member]",
                            "label":  "2.72% Senior Unsecured Promissory Note Payable [Member]",
                            "terseLabel":  "Senior unsecured promissory notes payable, Series E"
                            }
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}


2 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/23/19  Fastenal Co.                      8-K:5,9     4/23/19    2:143K
10/15/10  Fastenal Co.                      8-K:5,9    10/11/10    2:47K                                    Donnelley … Solutions/FA
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