10-Q Filing

HUB GROUP, INC. CIK: 940942 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0000950170-22-008123`
Period End Date	20220331
Filing Date	20220506
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	hubg-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 83 Income Statement 40 Cash Flow Statement 60 Stockholders Equity 16

Balance Sheet 83 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$159.78M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$206.90M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable trade, net	`AccountsReceivableGrossCurrent`	$766.58M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable trade, net	`AccountsReceivableGrossCurrent`	$701.51M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$3.15M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$3.02M	USD	Point-in-time
Prepaid taxes	`PrepaidTaxes`	$1.66M	USD	Point-in-time
Prepaid taxes	`PrepaidTaxes`	$2.19M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$27.78M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$24.38M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$1.00B	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$894.29M	USD	Point-in-time
Restricted investments	`RestrictedInvestmentsNoncurrent`	$21.50M	USD	Point-in-time
Restricted investments	`RestrictedInvestmentsNoncurrent`	$24.26M	USD	Point-in-time
Purchase price in excess of predecessor basis, tax benefit	`PurchasePriceInExcessOfPredecessorBasisTaxBenefit`	$10.31M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	7.32M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	7.24M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$681.45M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$689.78M	USD	Point-in-time
Right-of-use assets - operating leases	`OperatingLeaseRightOfUseAsset`	$44.12M	USD	Point-in-time
Right-of-use assets - operating leases	`OperatingLeaseRightOfUseAsset`	$44.04M	USD	Point-in-time
Right-of-use assets - financing leases	`FinanceLeaseRightOfUseAsset`	$2.75M	USD	Point-in-time
Right-of-use assets - financing leases	`FinanceLeaseRightOfUseAsset`	$1.25M	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$196.67M	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$190.25M	USD	Point-in-time
Goodwill, net	`Goodwill`	$576.91M	USD	Point-in-time
Goodwill, net	`Goodwill`	$576.85M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$18.43M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$19.23M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$2.44B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$2.55B	USD	Point-in-time
Accounts payable trade	`AccountsPayableCurrent`	$418.51M	USD	Point-in-time
Accounts payable trade	`AccountsPayableCurrent`	$424.92M	USD	Point-in-time
Accounts payable other	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$26.67M	USD	Point-in-time
Accounts payable other	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$12.49M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$47.52M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$56.94M	USD	Point-in-time
Accrued other	`OtherAccruedLiabilitiesCurrent`	$103.11M	USD	Point-in-time
Accrued other	`OtherAccruedLiabilitiesCurrent`	$82.83M	USD	Point-in-time
Lease liability - operating leases	`OperatingLeaseLiabilityCurrent`	$12.13M	USD	Point-in-time
Lease liability - operating leases	`OperatingLeaseLiabilityCurrent`	$11.36M	USD	Point-in-time
Lease liability - financing leases	`FinanceLeaseLiabilityCurrent`	$1.25M	USD	Point-in-time
Lease liability - financing leases	`FinanceLeaseLiabilityCurrent`	$2.06M	USD	Point-in-time
Current portion of long-term debt	`SecuredDebtCurrent`	$97.57M	USD	Point-in-time
Current portion of long-term debt	`SecuredDebtCurrent`	$97.27M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$707.58M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$687.07M	USD	Point-in-time
Long-term debt	`SecuredLongTermDebt`	$177.48M	USD	Point-in-time
Long-term debt	`SecuredLongTermDebt`	$174.67M	USD	Point-in-time
Non-current liabilities	`OtherLiabilitiesNoncurrent`	$41.57M	USD	Point-in-time
Non-current liabilities	`OtherLiabilitiesNoncurrent`	$42.18M	USD	Point-in-time
Lease liability - operating leases	`OperatingLeaseLiabilityNoncurrent`	$34.92M	USD	Point-in-time
Lease liability - operating leases	`OperatingLeaseLiabilityNoncurrent`	$34.19M	USD	Point-in-time
Lease liability - financing leases	`FinanceLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Lease liability - financing leases	`FinanceLeaseLiabilityNoncurrent`	$681.00K	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$155.94M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$160.86M	USD	Point-in-time
Preferred stock: $.01 par value; 2,000,000 shares authorized; no shares issued or outstanding in 2021 and 2020	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock: $.01 par value; 2,000,000 shares authorized; no shares issued or outstanding in 2021 and 2020	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$189.17M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$189.26M	USD	Point-in-time
Purchase price in excess of predecessor basis, net of tax benefit of $10,306	`PurchasePriceInExcessOfPredecessorBasisNetOfTax`	$-15.46M	USD	Point-in-time
Purchase price in excess of predecessor basis, net of tax benefit of $10,306	`PurchasePriceInExcessOfPredecessorBasisNetOfTax`	$-15.46M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.51B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.42B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-187.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-207.00K	USD	Point-in-time
Treasury stock; at cost, 7,236,001 shares in 2022 and 7,317,058 shares in 2021	`TreasuryStockValue`	$258.33M	USD	Point-in-time
Treasury stock; at cost, 7,236,001 shares in 2022 and 7,317,058 shares in 2021	`TreasuryStockValue`	$259.11M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$1.43B	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$1.16B	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$1.34B	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$1.18B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$2.55B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$2.44B	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.30B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$919.55M	USD	1 Quarter
Transportation costs	`CostOfGoodsAndServicesSold`	$1.08B	USD	1 Quarter
Transportation costs	`CostOfGoodsAndServicesSold`	$810.81M	USD	1 Quarter
Gross margin	`GrossProfit`	$108.75M	USD	1 Quarter
Gross margin	`GrossProfit`	$215.02M	USD	1 Quarter
Salaries and benefits	`LaborAndRelatedExpense`	$56.95M	USD	1 Quarter
Salaries and benefits	`LaborAndRelatedExpense`	$68.93M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$20.08M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$19.24M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$10.96M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$8.50M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$84.70M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$99.96M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$115.06M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$24.05M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.90M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.70M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$131.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-93.00K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-1.57M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-2.00M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$22.05M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$113.49M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.82M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$25.99M	USD	1 Quarter
Net income	`NetIncomeLoss`	$87.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.23M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$20.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-10.00K	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$87.52M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$17.22M	USD	1 Quarter
Basic earnings per common share	`EarningsPerShareBasic`	$2.60	USD	1 Quarter
Basic earnings per common share	`EarningsPerShareBasic`	$0.52	USD	1 Quarter
Diluted earnings per common share	`EarningsPerShareDiluted`	$0.51	USD	1 Quarter
Diluted earnings per common share	`EarningsPerShareDiluted`	$2.58	USD	1 Quarter
Basic weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	33,419.00	shares	1 Quarter
Basic weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	33,644.00	shares	1 Quarter
Diluted weighted average number of shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	33,966.00	shares	1 Quarter
Diluted weighted average number of shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	33,775.00	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$87.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.23M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$35.19M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$32.11M	USD	1 Quarter
Deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-4.33M	USD	1 Quarter
Deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-5.29M	USD	1 Quarter
Compensation expense related to share-based compensation plans	`ShareBasedCompensation`	$4.72M	USD	1 Quarter
Compensation expense related to share-based compensation plans	`ShareBasedCompensation`	$5.12M	USD	1 Quarter
Gain on sale of assets	`GainLossOnSaleOfPropertyPlantEquipment`	$1.92M	USD	1 Quarter
Gain on sale of assets	`GainLossOnSaleOfPropertyPlantEquipment`	$4.75M	USD	1 Quarter
Restricted investments	`IncreaseDecreaseOfRestrictedInvestments`	$-2.76M	USD	1 Quarter
Restricted investments	`IncreaseDecreaseOfRestrictedInvestments`	$-1.62M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInReceivables`	$65.29M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInReceivables`	$-8.39M	USD	1 Quarter
Prepaid taxes	`IncreaseDecreaseInPrepaidTaxes`	$-350.00K	USD	1 Quarter
Prepaid taxes	`IncreaseDecreaseInPrepaidTaxes`	$-535.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.40M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-8.82M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$189.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$1.52M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$36.82M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$7.77M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$7.13M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$18.70M	USD	1 Quarter
Non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-3.99M	USD	1 Quarter
Non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-2.54M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$80.21M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$127.37M	USD	1 Quarter
Proceeds from sale of equipment	`ProceedsFromSaleOfMachineryAndEquipment`	$14.93M	USD	1 Quarter
Proceeds from sale of equipment	`ProceedsFromSaleOfMachineryAndEquipment`	$6.44M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.52M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$30.93M	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$5.41M	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-24.48M	USD	1 Quarter
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$26.02M	USD	1 Quarter
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$33.38M	USD	1 Quarter
Stock withheld for payments of withholding taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.58M	USD	1 Quarter
Stock withheld for payments of withholding taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.76M	USD	1 Quarter
Finance lease payments	`FinanceLeasePrincipalPayments`	$772.00K	USD	1 Quarter
Finance lease payments	`FinanceLeasePrincipalPayments`	$526.00K	USD	1 Quarter
Proceeds from issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	$6.89M	USD	1 Quarter
Proceeds from issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	$23.51M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-8.62M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-31.02M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$8.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-8.00K	USD	1 Quarter
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$47.11M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$101.76M	USD	1 Quarter
Cash and cash equivalents beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$206.90M	USD	Point-in-time
Cash and cash equivalents beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$124.51M	USD	Point-in-time
Cash and cash equivalents beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$159.78M	USD	Point-in-time
Cash and cash equivalents beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$226.26M	USD	Point-in-time
Cash and cash equivalents end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$206.90M	USD	Point-in-time
Cash and cash equivalents end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$124.51M	USD	Point-in-time
Cash and cash equivalents end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$159.78M	USD	Point-in-time
Cash and cash equivalents end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$226.26M	USD	Point-in-time
Interest	`InterestPaidNet`	$1.87M	USD	1 Quarter
Interest	`InterestPaidNet`	$2.00M	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$317.00K	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$620.00K	USD	1 Quarter

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$1.43B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.16B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.34B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.18B	USD	Point-in-time
Stock withheld for payments of withholding taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.58M	USD	1 Quarter
Stock withheld for payments of withholding taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.76M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.12M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$87.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.23M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$20.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-10.00K	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$1.43B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.16B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.34B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.18B	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.