10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-14-159390 |
| Period End Date | 20140331 |
| Filing Date | 20140425 |
| Fiscal Year | 2014 |
| Fiscal Period | Q1 |
| XBRL Instance | hubg-20140331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
78 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
|
$70.76M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$68.96M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$86.25M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$75.30M | USD | Point-in-time |
| Preferred stock, shares issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Preferred stock, shares outstanding |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Accounts receivable trade, net |
AccountsReceivableNetCurrent
|
$413.43M | USD | Point-in-time |
| Preferred stock, shares outstanding |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Accounts receivable trade, net |
AccountsReceivableNetCurrent
|
$371.53M | USD | Point-in-time |
| Accounts receivable other |
OtherReceivablesNetCurrent
|
$16.13M | USD | Point-in-time |
| Accounts receivable other |
OtherReceivablesNetCurrent
|
$26.57M | USD | Point-in-time |
| Prepaid taxes |
PrepaidTaxes
|
$409.00K | USD | Point-in-time |
| Prepaid taxes |
PrepaidTaxes
|
$319.00K | USD | Point-in-time |
| Deferred taxes |
DeferredTaxAssetsNetCurrent
|
$5.83M | USD | Point-in-time |
| Deferred taxes |
DeferredTaxAssetsNetCurrent
|
$7.23M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$13.33M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$12.74M | USD | Point-in-time |
| TOTAL CURRENT ASSETS |
AssetsCurrent
|
$525.73M | USD | Point-in-time |
| TOTAL CURRENT ASSETS |
AssetsCurrent
|
$486.03M | USD | Point-in-time |
| Purchase price in excess of predecessor basis, tax benefit |
PurchasePriceInExcessOfPredecessorBasisTaxBenefit
|
$10.31M | USD | Point-in-time |
| Purchase price in excess of predecessor basis, tax benefit |
PurchasePriceInExcessOfPredecessorBasisTaxBenefit
|
$10.31M | USD | Point-in-time |
| Restricted investments |
RestrictedInvestmentsNoncurrent
|
$20.87M | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
4.60M | shares | Point-in-time |
| Restricted investments |
RestrictedInvestmentsNoncurrent
|
$20.75M | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
4.45M | shares | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$276.74M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$260.40M | USD | Point-in-time |
| Other intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$15.73M | USD | Point-in-time |
| Other intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$15.40M | USD | Point-in-time |
| Goodwill, net |
Goodwill
|
$263.03M | USD | Point-in-time |
| Goodwill, net |
Goodwill
|
$262.98M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$2.83M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$1.99M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$1.05B | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$1.10B | USD | Point-in-time |
| Accounts payable trade |
AccountsPayableCurrent
|
$232.35M | USD | Point-in-time |
| Accounts payable trade |
AccountsPayableCurrent
|
$263.70M | USD | Point-in-time |
| Accounts payable other |
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
$22.59M | USD | Point-in-time |
| Accounts payable other |
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
$24.96M | USD | Point-in-time |
| Accrued payroll |
EmployeeRelatedLiabilitiesCurrent
|
$13.97M | USD | Point-in-time |
| Accrued payroll |
EmployeeRelatedLiabilitiesCurrent
|
$17.00M | USD | Point-in-time |
| Accrued other |
OtherAccruedLiabilitiesCurrent
|
$37.20M | USD | Point-in-time |
| Accrued other |
OtherAccruedLiabilitiesCurrent
|
$42.83M | USD | Point-in-time |
| Current portion of capital lease |
CapitalLeaseObligationsCurrent
|
$2.43M | USD | Point-in-time |
| Current portion of capital lease |
CapitalLeaseObligationsCurrent
|
$2.41M | USD | Point-in-time |
| Current portion of long term debt |
LongTermDebtCurrent
|
$5.97M | USD | Point-in-time |
| Current portion of long term debt |
LongTermDebtCurrent
|
$1.77M | USD | Point-in-time |
| TOTAL CURRENT LIABILITIES |
LiabilitiesCurrent
|
$345.87M | USD | Point-in-time |
| TOTAL CURRENT LIABILITIES |
LiabilitiesCurrent
|
$321.32M | USD | Point-in-time |
| Long term debt |
LongTermDebtNoncurrent
|
$26.51M | USD | Point-in-time |
| Long term debt |
LongTermDebtNoncurrent
|
$6.47M | USD | Point-in-time |
| Non-current liabilities |
OtherLiabilitiesNoncurrent
|
$22.30M | USD | Point-in-time |
| Non-current liabilities |
OtherLiabilitiesNoncurrent
|
$20.40M | USD | Point-in-time |
| Non-current portion of capital lease |
CapitalLeaseObligationsNoncurrent
|
$17.84M | USD | Point-in-time |
| Non-current portion of capital lease |
CapitalLeaseObligationsNoncurrent
|
$18.48M | USD | Point-in-time |
| Deferred taxes |
DeferredTaxLiabilitiesNoncurrent
|
$121.17M | USD | Point-in-time |
| Deferred taxes |
DeferredTaxLiabilitiesNoncurrent
|
$117.83M | USD | Point-in-time |
| Preferred stock, $.01 par value; 2,000,000 shares authorized; no shares issued or outstanding in 2014 and 2013 |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock, $.01 par value; 2,000,000 shares authorized; no shares issued or outstanding in 2014 and 2013 |
PreferredStockValue
|
- | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$167.36M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$163.48M | 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
|
$538.25M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$550.29M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-98.00K | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-85.00K | USD | Point-in-time |
| Treasury stock; at cost, 4,446,046 shares in 2014 and 4,598,408 shares in 2013 |
TreasuryStockValue
|
$128.96M | USD | Point-in-time |
| Treasury stock; at cost, 4,446,046 shares in 2014 and 4,598,408 shares in 2013 |
TreasuryStockValue
|
$125.86M | USD | Point-in-time |
| TOTAL STOCKHOLDERS' EQUITY |
StockholdersEquity
|
$561.53M | USD | Point-in-time |
| TOTAL STOCKHOLDERS' EQUITY |
StockholdersEquity
|
$572.77M | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
LiabilitiesAndStockholdersEquity
|
$1.05B | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
LiabilitiesAndStockholdersEquity
|
$1.10B | USD | Point-in-time |
Income Statement
44 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
SalesRevenueServicesNet
|
$768.98M | USD | 1 Quarter |
| Revenue |
SalesRevenueServicesNet
|
$848.45M | USD | 1 Quarter |
| Transportation costs |
CostOfServices
|
$759.71M | USD | 1 Quarter |
| Transportation costs |
CostOfServices
|
$681.64M | USD | 1 Quarter |
| Gross margin |
GrossProfit
|
$88.74M | USD | 1 Quarter |
| Gross margin |
GrossProfit
|
$87.34M | USD | 1 Quarter |
| Salaries and benefits |
LaborAndRelatedExpense
|
$37.09M | USD | 1 Quarter |
| Salaries and benefits |
LaborAndRelatedExpense
|
$34.58M | USD | 1 Quarter |
| Agent fees and commissions |
AgentFeesAndCommissions
|
$13.27M | USD | 1 Quarter |
| Agent fees and commissions |
AgentFeesAndCommissions
|
$13.67M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$13.19M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$15.43M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$1.55M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$2.06M | USD | 1 Quarter |
| Total costs and expenses |
OperatingExpenses
|
$62.60M | USD | 1 Quarter |
| Total costs and expenses |
OperatingExpenses
|
$68.25M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$20.50M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$24.74M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$290.00K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$407.00K | USD | 1 Quarter |
| Interest and dividend income |
InvestmentIncomeInterestAndDividend
|
$14.00K | USD | 1 Quarter |
| Interest and dividend income |
InvestmentIncomeInterestAndDividend
|
$29.00K | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$-205.00K | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$-11.00K | USD | 1 Quarter |
| Total other expense |
NonoperatingIncomeExpense
|
$-598.00K | USD | 1 Quarter |
| Total other expense |
NonoperatingIncomeExpense
|
$-272.00K | USD | 1 Quarter |
| Income before provision for income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$24.46M | USD | 1 Quarter |
| Income before provision for income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$19.90M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$9.10M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$7.86M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$12.04M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$15.36M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$26.00K | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-13.00K | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$15.39M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$12.02M | USD | 1 Quarter |
| Basic earnings per common share |
EarningsPerShareBasic
|
$0.33 | USD | 1 Quarter |
| Basic earnings per common share |
EarningsPerShareBasic
|
$0.42 | USD | 1 Quarter |
| Diluted earnings per common share |
EarningsPerShareDiluted
|
$0.33 | USD | 1 Quarter |
| Diluted earnings per common share |
EarningsPerShareDiluted
|
$0.42 | USD | 1 Quarter |
| Basic weighted average number of shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
36.66M | shares | 1 Quarter |
| Basic weighted average number of shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
36.85M | shares | 1 Quarter |
| Diluted weighted average number of shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
36.72M | shares | 1 Quarter |
| Diluted weighted average number of shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
36.95M | shares | 1 Quarter |
Cash Flow Statement
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$12.04M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$15.36M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$5.10M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$6.78M | USD | 1 Quarter |
| Deferred taxes |
IncreaseDecreaseInDeferredIncomeTaxes
|
$-2.67M | USD | 1 Quarter |
| Deferred taxes |
IncreaseDecreaseInDeferredIncomeTaxes
|
$-1.99M | USD | 1 Quarter |
| Compensation expense related to share-based compensation plans |
ShareBasedCompensation
|
$1.88M | USD | 1 Quarter |
| Compensation expense related to share-based compensation plans |
ShareBasedCompensation
|
$2.14M | USD | 1 Quarter |
| Gain on sale of assets |
GainLossOnSaleOfPropertyPlantEquipment
|
$214.00K | USD | 1 Quarter |
| Gain on sale of assets |
GainLossOnSaleOfPropertyPlantEquipment
|
$6.00K | USD | 1 Quarter |
| Excess tax benefits from share-based compensation |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$3.00K | USD | 1 Quarter |
| Restricted investments |
IncreaseDecreaseInRestrictedInvestmentsForOperatingActivities
|
$117.00K | USD | 1 Quarter |
| Restricted investments |
IncreaseDecreaseInRestrictedInvestmentsForOperatingActivities
|
$181.00K | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInReceivables
|
$11.89M | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInReceivables
|
$31.47M | USD | 1 Quarter |
| Prepaid taxes |
IncreaseDecreaseInPrepaidTaxes
|
$-86.00K | USD | 1 Quarter |
| Prepaid taxes |
IncreaseDecreaseInPrepaidTaxes
|
$30.00K | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-2.23M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$597.00K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$837.00K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$146.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$16.23M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$29.29M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$-2.80M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$1.13M | USD | 1 Quarter |
| Non-current liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-198.00K | USD | 1 Quarter |
| Non-current liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-1.84M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$18.58M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$28.00M | USD | 1 Quarter |
| Proceeds from sale of equipment |
ProceedsFromSaleOfMachineryAndEquipment
|
$734.00K | USD | 1 Quarter |
| Proceeds from sale of equipment |
ProceedsFromSaleOfMachineryAndEquipment
|
$85.00K | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$33.03M | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$9.46M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-8.72M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-32.95M | USD | 1 Quarter |
| Proceeds from issuance of debt |
ProceedsFromIssuanceOfLongTermDebt
|
$25.36M | USD | 1 Quarter |
| Repayments of long term debt |
RepaymentsOfLongTermDebt
|
$1.12M | USD | 1 Quarter |
| Proceeds from stock options exercised |
ProceedsFromStockOptionsExercised
|
$42.00K | USD | 1 Quarter |
| Stock tendered for payments of withholding taxes |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$2.47M | USD | 1 Quarter |
| Stock tendered for payments of withholding taxes |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$3.02M | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$903.00K | USD | 1 Quarter |
| Capital lease payments |
RepaymentsOfLongTermCapitalLeaseObligations
|
$560.00K | USD | 1 Quarter |
| Capital lease payments |
RepaymentsOfLongTermCapitalLeaseObligations
|
$616.00K | USD | 1 Quarter |
| Excess tax benefits from share-based compensation |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$104.00K | USD | 1 Quarter |
| Excess tax benefits from share-based compensation |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$98.00K | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-3.79M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$20.70M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$3.00K | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$15.49M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$6.33M | USD | 1 Quarter |
| Cash and cash equivalents beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$70.76M | USD | Point-in-time |
| Cash and cash equivalents beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$68.96M | USD | Point-in-time |
| Cash and cash equivalents beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$86.25M | USD | Point-in-time |
| Cash and cash equivalents beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$75.30M | USD | Point-in-time |
| Cash and cash equivalents end of period |
CashAndCashEquivalentsAtCarryingValue
|
$70.76M | USD | Point-in-time |
| Cash and cash equivalents end of period |
CashAndCashEquivalentsAtCarryingValue
|
$68.96M | USD | Point-in-time |
| Cash and cash equivalents end of period |
CashAndCashEquivalentsAtCarryingValue
|
$86.25M | USD | Point-in-time |
| Cash and cash equivalents end of period |
CashAndCashEquivalentsAtCarryingValue
|
$75.30M | USD | Point-in-time |
| Interest |
InterestPaid
|
$380.00K | USD | 1 Quarter |
| Interest |
InterestPaid
|
$311.00K | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
$3.44M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
$777.00K | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.