10-Q Filing

HUB GROUP, INC. CIK: 940942 Q1 2011

Filing Information

Form Type	10-Q
Accession Number	`0001193125-11-105952`
Period End Date	20110331
Filing Date	20110422
Fiscal Year	2011
Fiscal Period	Q1
XBRL Instance	hubg-20110331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 38 Cash Flow Statement 59

Balance Sheet 70 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
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$115.14M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$134.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$141.74M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$126.86M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable trade, net	`AccountsReceivableNetCurrent`	$214.27M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable trade, net	`AccountsReceivableNetCurrent`	$185.88M	USD	Point-in-time
Accounts receivable other	`OtherReceivables`	$17.96M	USD	Point-in-time
Purchase price in excess of predecessor basis, tax benefit	`PurchasePriceInExcessOfPredecessorBasisTax`	$10.31M	USD	Point-in-time
Purchase price in excess of predecessor basis, tax benefit	`PurchasePriceInExcessOfPredecessorBasisTax`	$10.31M	USD	Point-in-time
Accounts receivable other	`OtherReceivables`	$12.98M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	4.59M	shares	Point-in-time
Prepaid taxes	`PrepaidTaxes`	$123.00K	USD	Point-in-time
Prepaid taxes	`PrepaidTaxes`	$296.00K	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	4.41M	shares	Point-in-time
Deferred taxes	`DeferredTaxAssetsNetCurrent`	$3.31M	USD	Point-in-time
Deferred taxes	`DeferredTaxAssetsNetCurrent`	$2.48M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.57M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.83M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$329.16M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$369.59M	USD	Point-in-time
Restricted investments	`RestrictedInvestmentsNoncurrent`	$11.42M	USD	Point-in-time
Restricted investments	`RestrictedInvestmentsNoncurrent`	$12.13M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$47.81M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$46.78M	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$5.72M	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$5.86M	USD	Point-in-time
Goodwill, net	`Goodwill`	$232.97M	USD	Point-in-time
Goodwill, net	`Goodwill`	$233.03M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.10M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.13M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$629.41M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$669.30M	USD	Point-in-time
Accounts payable trade	`AccountsPayableCurrent`	$121.08M	USD	Point-in-time
Accounts payable trade	`AccountsPayableCurrent`	$150.54M	USD	Point-in-time
Accounts payable other	`AccountsPayableOtherCurrent`	$12.83M	USD	Point-in-time
Accounts payable other	`AccountsPayableOtherCurrent`	$10.06M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$14.38M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$8.71M	USD	Point-in-time
Accrued other	`OtherAccruedLiabilitiesCurrent`	$21.90M	USD	Point-in-time
Accrued other	`OtherAccruedLiabilitiesCurrent`	$23.56M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$195.65M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$167.42M	USD	Point-in-time
Non-current liabilities	`OtherNoncurrentLiabilities`	$14.39M	USD	Point-in-time
Non-current liabilities	`OtherNoncurrentLiabilities`	$13.95M	USD	Point-in-time
Deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$71.74M	USD	Point-in-time
Deferred taxes	`DeferredTaxLiabilitiesNoncurrent`	$72.12M	USD	Point-in-time
Preferred stock, $.01 par value; 2,000,000 shares authorized; no shares issued or outstanding in 2011 and 2010	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.01 par value; 2,000,000 shares authorized; no shares issued or outstanding in 2011 and 2010	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$169.72M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$165.82M	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`	$343.01M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$353.51M	USD	Point-in-time
Other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$6.00K	USD	Point-in-time
Other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$6.00K	USD	Point-in-time
Treasury stock; at cost, 4,410,910 shares in 2011 and 4,586,433 shares in 2010	`TreasuryStockValue`	$121.40M	USD	Point-in-time
Treasury stock; at cost, 4,410,910 shares in 2011 and 4,586,433 shares in 2010	`TreasuryStockValue`	$117.15M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$376.30M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$387.14M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$629.41M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$669.30M	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueServicesNet`	$485.38M	USD	1 Quarter
Revenue	`SalesRevenueServicesNet`	$417.29M	USD	1 Quarter
Transportation costs	`CostOfServices`	$368.48M	USD	1 Quarter
Transportation costs	`CostOfServices`	$428.07M	USD	1 Quarter
Gross margin	`GrossProfit`	$57.31M	USD	1 Quarter
Gross margin	`GrossProfit`	$48.82M	USD	1 Quarter
Salaries and benefits	`LaborAndRelatedExpense`	$26.80M	USD	1 Quarter
Salaries and benefits	`LaborAndRelatedExpense`	$23.46M	USD	1 Quarter
General and administrative	`OtherGeneralAndAdministrativeExpense`	$12.81M	USD	1 Quarter
General and administrative	`OtherGeneralAndAdministrativeExpense`	$10.14M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$973.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$936.00K	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$40.55M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$34.58M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$14.24M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$16.76M	USD	1 Quarter
Interest expense	`InterestExpense`	$14.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$14.00K	USD	1 Quarter
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$32.00K	USD	1 Quarter
Interest and dividend income	`InvestmentIncomeInterestAndDividend`	$25.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$68.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$209.00K	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$227.00K	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$79.00K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$16.99M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$14.32M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.62M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$6.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$8.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.50M	USD	1 Quarter
Basic earnings per common share	`EarningsPerShareBasic`	$0.23	USD	1 Quarter
Basic earnings per common share	`EarningsPerShareBasic`	$0.28	USD	1 Quarter
Diluted earnings per common share	`EarningsPerShareDiluted`	$0.28	USD	1 Quarter
Diluted earnings per common share	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Basic weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	37.53M	shares	1 Quarter
Basic weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	36.89M	shares	1 Quarter
Diluted weighted average number of shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.02M	shares	1 Quarter
Diluted weighted average number of shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.64M	shares	1 Quarter

Cash Flow Statement 59 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$8.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.50M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.95M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.63M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$1.27M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$3.40M	USD	1 Quarter
Compensation expense related to share-based compensation plans	`ShareBasedCompensation`	$1.23M	USD	1 Quarter
Compensation expense related to share-based compensation plans	`ShareBasedCompensation`	$931.00K	USD	1 Quarter
(Gain) loss on sale of assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-63.00K	USD	1 Quarter
(Gain) loss on sale of assets	`GainLossOnSaleOfPropertyPlantEquipment`	$13.00K	USD	1 Quarter
Restricted investments	`IncreaseDecreaseInRestrictedInvestmentsForOperatingActivities`	$707.00K	USD	1 Quarter
Restricted investments	`IncreaseDecreaseInRestrictedInvestmentsForOperatingActivities`	$188.00K	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$25.78M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$23.41M	USD	1 Quarter
Prepaid taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-173.00K	USD	1 Quarter
Prepaid taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-461.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.66M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.74M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-41.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-31.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$26.46M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$32.23M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-545.00K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-560.00K	USD	1 Quarter
Non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$407.00K	USD	1 Quarter
Non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$125.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$18.27M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$25.50M	USD	1 Quarter
Proceeds from sale of equipment	`ProceedsFromSaleOfMachineryAndEquipment`	$68.00K	USD	1 Quarter
Proceeds from sale of equipment	`ProceedsFromSaleOfMachineryAndEquipment`	$7.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$647.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.88M	USD	1 Quarter
Cash used in acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$55.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.87M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-640.00K	USD	1 Quarter
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	$24.00K	USD	1 Quarter
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	$12.00K	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$2.92M	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$1.45M	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$133.00K	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$540.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.77M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-883.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$4.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$12.00K	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$19.76M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$14.87M	USD	1 Quarter
Cash and cash equivalents beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$115.14M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$134.90M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$141.74M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$126.86M	USD	Point-in-time
Cash and cash equivalents end of period	`CashAndCashEquivalentsAtCarryingValue`	$115.14M	USD	Point-in-time
Cash and cash equivalents end of period	`CashAndCashEquivalentsAtCarryingValue`	$134.90M	USD	Point-in-time
Cash and cash equivalents end of period	`CashAndCashEquivalentsAtCarryingValue`	$141.74M	USD	Point-in-time
Cash and cash equivalents end of period	`CashAndCashEquivalentsAtCarryingValue`	$126.86M	USD	Point-in-time
Interest	`InterestPaid`	$14.00K	USD	1 Quarter
Interest	`InterestPaid`	$14.00K	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$1.33M	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$122.00K	USD	1 Quarter

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