10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001564590-16-017185 |
| Period End Date | 20160331 |
| Filing Date | 20160429 |
| Fiscal Year | 2016 |
| Fiscal Period | Q1 |
| XBRL Instance | hubg-20160331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
76 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
|
$109.77M | 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 |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$207.75M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$200.26M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$129.26M | USD | Point-in-time |
| Preferred stock, shares outstanding |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Accounts receivable trade, net |
AccountsReceivableNetCurrent
|
$379.99M | USD | Point-in-time |
| Accounts receivable trade, net |
AccountsReceivableNetCurrent
|
$365.15M | USD | Point-in-time |
| Preferred stock, shares outstanding |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Accounts receivable other |
OtherReceivablesNetCurrent
|
$10.34M | USD | Point-in-time |
| Accounts receivable other |
OtherReceivablesNetCurrent
|
$3.85M | USD | Point-in-time |
| Prepaid taxes |
PrepaidTaxes
|
$336.00K | USD | Point-in-time |
| Prepaid taxes |
PrepaidTaxes
|
$362.00K | USD | Point-in-time |
| Deferred taxes |
DeferredTaxAssetsLiabilitiesNetCurrent
|
$8.41M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$16.35M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$17.76M | USD | Point-in-time |
| TOTAL CURRENT ASSETS |
AssetsCurrent
|
$624.61M | USD | Point-in-time |
| TOTAL CURRENT ASSETS |
AssetsCurrent
|
$585.94M | USD | Point-in-time |
| Purchase price in excess of predecessor basis, tax benefit |
PurchasePriceInExcessOfPredecessorBasisTaxBenefit
|
$10.31M | USD | Point-in-time |
| Restricted investments |
RestrictedInvestmentsNoncurrent
|
$19.42M | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
5.59M | shares | Point-in-time |
| Restricted investments |
RestrictedInvestmentsNoncurrent
|
$21.11M | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
6.55M | shares | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$379.48M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$374.85M | USD | Point-in-time |
| Other intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$13.14M | USD | Point-in-time |
| Other intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$12.81M | USD | Point-in-time |
| Goodwill, net |
Goodwill
|
$262.54M | USD | Point-in-time |
| Goodwill, net |
Goodwill
|
$262.59M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$4.45M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$4.85M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$1.26B | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$1.30B | USD | Point-in-time |
| Accounts payable trade |
AccountsPayableCurrent
|
$234.20M | USD | Point-in-time |
| Accounts payable trade |
AccountsPayableCurrent
|
$230.43M | USD | Point-in-time |
| Accounts payable other |
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
$23.15M | USD | Point-in-time |
| Accounts payable other |
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
$21.50M | USD | Point-in-time |
| Accrued payroll |
EmployeeRelatedLiabilitiesCurrent
|
$14.36M | USD | Point-in-time |
| Accrued payroll |
EmployeeRelatedLiabilitiesCurrent
|
$33.02M | USD | Point-in-time |
| Accrued other |
OtherAccruedLiabilitiesCurrent
|
$54.47M | USD | Point-in-time |
| Accrued other |
OtherAccruedLiabilitiesCurrent
|
$38.73M | USD | Point-in-time |
| Current portion of capital lease |
CapitalLeaseObligationsCurrent
|
$2.62M | USD | Point-in-time |
| Current portion of capital lease |
CapitalLeaseObligationsCurrent
|
$2.61M | USD | Point-in-time |
| Current portion of long term debt |
SecuredDebtCurrent
|
$32.41M | USD | Point-in-time |
| Current portion of long term debt |
SecuredDebtCurrent
|
$32.52M | USD | Point-in-time |
| TOTAL CURRENT LIABILITIES |
LiabilitiesCurrent
|
$358.70M | USD | Point-in-time |
| TOTAL CURRENT LIABILITIES |
LiabilitiesCurrent
|
$361.32M | USD | Point-in-time |
| Long term debt |
SecuredLongTermDebt
|
$100.89M | USD | Point-in-time |
| Long term debt |
SecuredLongTermDebt
|
$92.65M | USD | Point-in-time |
| Non-current liabilities |
OtherLiabilitiesNoncurrent
|
$20.75M | USD | Point-in-time |
| Non-current liabilities |
OtherLiabilitiesNoncurrent
|
$20.23M | USD | Point-in-time |
| Long term portion of capital lease |
CapitalLeaseObligationsNoncurrent
|
$13.30M | USD | Point-in-time |
| Long term portion of capital lease |
CapitalLeaseObligationsNoncurrent
|
$12.64M | USD | Point-in-time |
| Deferred taxes |
DeferredTaxLiabilitiesNoncurrent
|
$160.18M | USD | Point-in-time |
| Deferred taxes |
DeferredTaxLiabilitiesNoncurrent
|
$154.04M | USD | Point-in-time |
| Preferred stock, $.01 par value; 2,000,000 shares authorized; no shares issued or outstanding in 2016 and 2015 |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock, $.01 par value; 2,000,000 shares authorized; no shares issued or outstanding in 2016 and 2015 |
PreferredStockValue
|
- | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$166.80M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$174.28M | 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
|
$678.72M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$660.76M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-178.00K | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-177.00K | USD | Point-in-time |
| Treasury stock; at cost, 6,549,619 shares in 2016 and 5,590,831 shares in 2015 |
TreasuryStockValue
|
$171.99M | USD | Point-in-time |
| Treasury stock; at cost, 6,549,619 shares in 2016 and 5,590,831 shares in 2015 |
TreasuryStockValue
|
$207.06M | USD | Point-in-time |
| TOTAL STOCKHOLDERS' EQUITY |
StockholdersEquity
|
$623.25M | USD | Point-in-time |
| TOTAL STOCKHOLDERS' EQUITY |
StockholdersEquity
|
$647.84M | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
LiabilitiesAndStockholdersEquity
|
$1.26B | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
LiabilitiesAndStockholdersEquity
|
$1.30B | USD | Point-in-time |
Income Statement
44 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
SalesRevenueServicesNet
|
$835.94M | USD | 1 Quarter |
| Revenue |
SalesRevenueServicesNet
|
$805.86M | USD | 1 Quarter |
| Transportation costs |
CostOfServices
|
$697.47M | USD | 1 Quarter |
| Transportation costs |
CostOfServices
|
$746.81M | USD | 1 Quarter |
| Gross margin |
GrossProfit
|
$108.39M | USD | 1 Quarter |
| Gross margin |
GrossProfit
|
$89.13M | USD | 1 Quarter |
| Salaries and benefits |
LaborAndRelatedExpense
|
$43.86M | USD | 1 Quarter |
| Salaries and benefits |
LaborAndRelatedExpense
|
$39.48M | USD | 1 Quarter |
| Agent fees and commissions |
SalesCommissionsAndFees
|
$14.83M | USD | 1 Quarter |
| Agent fees and commissions |
SalesCommissionsAndFees
|
$16.90M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$14.07M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$16.64M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$2.14M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$1.96M | USD | 1 Quarter |
| Total costs and expenses |
OperatingExpenses
|
$70.33M | USD | 1 Quarter |
| Total costs and expenses |
OperatingExpenses
|
$79.54M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$28.84M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$18.80M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$911.00K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$741.00K | USD | 1 Quarter |
| Interest and dividend income |
InvestmentIncomeNet
|
$61.00K | USD | 1 Quarter |
| Interest and dividend income |
InvestmentIncomeNet
|
$6.00K | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$936.00K | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$-1.40M | USD | 1 Quarter |
| Total other income (expense) |
NonoperatingIncomeExpense
|
$86.00K | USD | 1 Quarter |
| Total other income (expense) |
NonoperatingIncomeExpense
|
$-2.14M | USD | 1 Quarter |
| Income before provision for income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$28.93M | USD | 1 Quarter |
| Income before provision for income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$16.66M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$10.96M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$6.38M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$10.28M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$17.96M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$1.00K | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$3.00K | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$10.28M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$17.97M | USD | 1 Quarter |
| Basic earnings per common share |
EarningsPerShareBasic
|
$0.51 | USD | 1 Quarter |
| Basic earnings per common share |
EarningsPerShareBasic
|
$0.28 | USD | 1 Quarter |
| Diluted earnings per common share |
EarningsPerShareDiluted
|
$0.51 | USD | 1 Quarter |
| Diluted earnings per common share |
EarningsPerShareDiluted
|
$0.28 | USD | 1 Quarter |
| Basic weighted average number of shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
36.16M | shares | 1 Quarter |
| Basic weighted average number of shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
35.14M | shares | 1 Quarter |
| Diluted weighted average number of shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
35.12M | shares | 1 Quarter |
| Diluted weighted average number of shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
36.17M | shares | 1 Quarter |
Cash Flow Statement
64 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Income |
NetIncomeLoss
|
$10.28M | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$17.96M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$8.73M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$10.64M | USD | 1 Quarter |
| Deferred taxes |
IncreaseDecreaseInDeferredIncomeTaxes
|
$-1.59M | USD | 1 Quarter |
| Deferred taxes |
IncreaseDecreaseInDeferredIncomeTaxes
|
$-2.38M | USD | 1 Quarter |
| Compensation expense related to share-based compensation plans |
ShareBasedCompensation
|
$2.18M | USD | 1 Quarter |
| Compensation expense related to share-based compensation plans |
ShareBasedCompensation
|
$2.03M | USD | 1 Quarter |
| Gain on sale of assets |
GainLossOnSaleOfPropertyPlantEquipment
|
$83.00K | USD | 1 Quarter |
| Excess tax benefits from share based compensation |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$13.00K | USD | 1 Quarter |
| Excess tax benefits from share based compensation |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$30.00K | USD | 1 Quarter |
| Restricted investments |
IncreaseDecreaseOfRestrictedInvestments
|
$-98.00K | USD | 1 Quarter |
| Restricted investments |
IncreaseDecreaseOfRestrictedInvestments
|
$-1.69M | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInReceivables
|
$-2.87M | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInReceivables
|
$-21.33M | USD | 1 Quarter |
| Prepaid taxes |
IncreaseDecreaseInPrepaidTaxes
|
$-26.00K | USD | 1 Quarter |
| Prepaid taxes |
IncreaseDecreaseInPrepaidTaxes
|
$-4.56M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$3.25M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-1.41M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$-330.00K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$-400.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$5.42M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$13.41M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$-13.52M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$5.73M | USD | 1 Quarter |
| Non-current liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$-1.05M | USD | 1 Quarter |
| Non-current liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$481.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$50.29M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$45.33M | USD | 1 Quarter |
| Proceeds from sale of equipment |
ProceedsFromSaleOfMachineryAndEquipment
|
$592.00K | USD | 1 Quarter |
| Proceeds from sale of equipment |
ProceedsFromSaleOfMachineryAndEquipment
|
$26.00K | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$15.06M | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$4.89M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-15.03M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-4.30M | USD | 1 Quarter |
| Proceeds from issuance of debt |
ProceedsFromIssuanceOfLongTermDebt
|
$11.48M | USD | 1 Quarter |
| Repayments of long term debt |
RepaymentsOfLongTermDebt
|
$8.13M | USD | 1 Quarter |
| Repayments of long term debt |
RepaymentsOfLongTermDebt
|
$5.55M | USD | 1 Quarter |
| Stock tendered for payments of withholding taxes |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$2.21M | USD | 1 Quarter |
| Stock tendered for payments of withholding taxes |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$2.75M | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$42.37M | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$13.42M | USD | 1 Quarter |
| Capital lease payments |
RepaymentsOfLongTermCapitalLeaseObligations
|
$605.00K | USD | 1 Quarter |
| Capital lease payments |
RepaymentsOfLongTermCapitalLeaseObligations
|
$643.00K | USD | 1 Quarter |
| Excess tax benefits from share-based compensation |
ExcessTaxExpenseBenefitFromShareBasedCompensationFinancingActivities
|
$42.00K | USD | 1 Quarter |
| Excess tax benefits from share-based compensation |
ExcessTaxExpenseBenefitFromShareBasedCompensationFinancingActivities
|
$-134.00K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-10.81M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-53.48M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
$1.00K | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
$3.00K | USD | 1 Quarter |
| Net (decrease) increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-7.49M | USD | 1 Quarter |
| Net (decrease) increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$19.49M | USD | 1 Quarter |
| Cash and cash equivalents beginning of the period |
CashAndCashEquivalentsAtCarryingValue
|
$109.77M | USD | Point-in-time |
| Cash and cash equivalents beginning of the period |
CashAndCashEquivalentsAtCarryingValue
|
$207.75M | USD | Point-in-time |
| Cash and cash equivalents beginning of the period |
CashAndCashEquivalentsAtCarryingValue
|
$200.26M | USD | Point-in-time |
| Cash and cash equivalents beginning of the period |
CashAndCashEquivalentsAtCarryingValue
|
$129.26M | USD | Point-in-time |
| Cash and cash equivalents end of the period |
CashAndCashEquivalentsAtCarryingValue
|
$109.77M | USD | Point-in-time |
| Cash and cash equivalents end of the period |
CashAndCashEquivalentsAtCarryingValue
|
$207.75M | USD | Point-in-time |
| Cash and cash equivalents end of the period |
CashAndCashEquivalentsAtCarryingValue
|
$200.26M | USD | Point-in-time |
| Cash and cash equivalents end of the period |
CashAndCashEquivalentsAtCarryingValue
|
$129.26M | USD | Point-in-time |
| Interest |
InterestPaid
|
$1.25M | USD | 1 Quarter |
| Interest |
InterestPaid
|
$789.00K | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
$194.00K | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
$5.59M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.