10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001564590-17-007719 |
| Period End Date | 20170331 |
| Filing Date | 20170428 |
| Fiscal Year | 2017 |
| Fiscal Period | Q1 |
| XBRL Instance | hubg-20170331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
75 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
|
$154.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$200.26M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$127.40M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$207.75M | USD | Point-in-time |
| Preferred stock, shares issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Accounts receivable trade, net |
AccountsReceivableNetCurrent
|
$418.36M | USD | Point-in-time |
| Accounts receivable trade, net |
AccountsReceivableNetCurrent
|
$473.61M | USD | Point-in-time |
| Preferred stock, shares outstanding |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Preferred stock, shares outstanding |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Accounts receivable other |
OtherReceivablesNetCurrent
|
$4.33M | USD | Point-in-time |
| Accounts receivable other |
OtherReceivablesNetCurrent
|
$4.98M | USD | Point-in-time |
| Prepaid taxes |
PrepaidTaxes
|
$294.00K | USD | Point-in-time |
| Prepaid taxes |
PrepaidTaxes
|
$469.00K | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$16.65M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$13.86M | USD | Point-in-time |
| TOTAL CURRENT ASSETS |
AssetsCurrent
|
$622.29M | USD | Point-in-time |
| TOTAL CURRENT ASSETS |
AssetsCurrent
|
$591.67M | USD | Point-in-time |
| Restricted investments |
RestrictedInvestmentsNoncurrent
|
$22.31M | USD | Point-in-time |
| Restricted investments |
RestrictedInvestmentsNoncurrent
|
$20.88M | USD | Point-in-time |
| Purchase price in excess of predecessor basis, tax benefit |
PurchasePriceInExcessOfPredecessorBasisTaxBenefit
|
$10.31M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$438.59M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$443.21M | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
7.75M | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
8.03M | shares | Point-in-time |
| Other intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$11.84M | USD | Point-in-time |
| Other intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$11.52M | USD | Point-in-time |
| Goodwill, net |
Goodwill
|
$262.32M | USD | Point-in-time |
| Goodwill, net |
Goodwill
|
$262.38M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$4.28M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$3.90M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$1.36B | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$1.33B | USD | Point-in-time |
| Accounts payable trade |
AccountsPayableCurrent
|
$266.56M | USD | Point-in-time |
| Accounts payable trade |
AccountsPayableCurrent
|
$249.22M | USD | Point-in-time |
| Accounts payable other |
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
$25.23M | USD | Point-in-time |
| Accounts payable other |
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
$21.07M | USD | Point-in-time |
| Accrued payroll |
EmployeeRelatedLiabilitiesCurrent
|
$36.22M | USD | Point-in-time |
| Accrued payroll |
EmployeeRelatedLiabilitiesCurrent
|
$12.89M | USD | Point-in-time |
| Accrued other |
OtherAccruedLiabilitiesCurrent
|
$54.63M | USD | Point-in-time |
| Accrued other |
OtherAccruedLiabilitiesCurrent
|
$46.01M | USD | Point-in-time |
| Current portion of capital lease |
CapitalLeaseObligationsCurrent
|
$2.70M | USD | Point-in-time |
| Current portion of capital lease |
CapitalLeaseObligationsCurrent
|
$2.71M | USD | Point-in-time |
| Current portion of long term debt |
SecuredDebtCurrent
|
$44.75M | USD | Point-in-time |
| Current portion of long term debt |
SecuredDebtCurrent
|
$45.16M | USD | Point-in-time |
| TOTAL CURRENT LIABILITIES |
LiabilitiesCurrent
|
$389.42M | USD | Point-in-time |
| TOTAL CURRENT LIABILITIES |
LiabilitiesCurrent
|
$417.72M | USD | Point-in-time |
| Long term debt |
SecuredLongTermDebt
|
$115.53M | USD | Point-in-time |
| Long term debt |
SecuredLongTermDebt
|
$104.16M | USD | Point-in-time |
| Non-current liabilities |
OtherLiabilitiesNoncurrent
|
$23.59M | USD | Point-in-time |
| Non-current liabilities |
OtherLiabilitiesNoncurrent
|
$24.33M | USD | Point-in-time |
| Long term portion of capital lease |
CapitalLeaseObligationsNoncurrent
|
$10.58M | USD | Point-in-time |
| Long term portion of capital lease |
CapitalLeaseObligationsNoncurrent
|
$9.84M | USD | Point-in-time |
| Deferred taxes |
DeferredTaxLiabilitiesNoncurrent
|
$169.16M | USD | Point-in-time |
| Deferred taxes |
DeferredTaxLiabilitiesNoncurrent
|
$164.66M | USD | Point-in-time |
| Preferred stock, $.01 par value; 2,000,000 shares authorized; no shares issued or outstanding in 2017 and 2016 |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock, $.01 par value; 2,000,000 shares authorized; no shares issued or outstanding in 2017 and 2016 |
PreferredStockValue
|
- | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$173.56M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$164.56M | 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
|
$735.56M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$745.90M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-209.00K | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-273.00K | USD | Point-in-time |
| Treasury stock; at cost, 7,749,881 shares in 2017 and 8,031,810 shares in 2016 |
TreasuryStockValue
|
$257.18M | USD | Point-in-time |
| Treasury stock; at cost, 7,749,881 shares in 2017 and 8,031,810 shares in 2016 |
TreasuryStockValue
|
$265.64M | USD | Point-in-time |
| TOTAL STOCKHOLDERS' EQUITY |
StockholdersEquity
|
$638.03M | USD | Point-in-time |
| TOTAL STOCKHOLDERS' EQUITY |
StockholdersEquity
|
$628.18M | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
LiabilitiesAndStockholdersEquity
|
$1.33B | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
LiabilitiesAndStockholdersEquity
|
$1.36B | USD | Point-in-time |
Income Statement
44 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
SalesRevenueServicesNet
|
$805.86M | USD | 1 Quarter |
| Revenue |
SalesRevenueServicesNet
|
$893.45M | USD | 1 Quarter |
| Transportation costs |
CostOfServices
|
$697.47M | USD | 1 Quarter |
| Transportation costs |
CostOfServices
|
$791.86M | USD | 1 Quarter |
| Gross margin |
GrossProfit
|
$101.58M | USD | 1 Quarter |
| Gross margin |
GrossProfit
|
$108.39M | USD | 1 Quarter |
| Salaries and benefits |
LaborAndRelatedExpense
|
$43.86M | USD | 1 Quarter |
| Salaries and benefits |
LaborAndRelatedExpense
|
$43.18M | USD | 1 Quarter |
| Agent fees and commissions |
SalesCommissionsAndFees
|
$16.90M | USD | 1 Quarter |
| Agent fees and commissions |
SalesCommissionsAndFees
|
$17.99M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$16.64M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$20.82M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$2.14M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$2.41M | USD | 1 Quarter |
| Total costs and expenses |
OperatingExpenses
|
$79.54M | USD | 1 Quarter |
| Total costs and expenses |
OperatingExpenses
|
$84.41M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$28.84M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$17.18M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$1.10M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$911.00K | USD | 1 Quarter |
| Interest and dividend income |
InvestmentIncomeNet
|
$61.00K | USD | 1 Quarter |
| Interest and dividend income |
InvestmentIncomeNet
|
$130.00K | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$936.00K | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$194.00K | USD | 1 Quarter |
| Total other (expense) income |
NonoperatingIncomeExpense
|
$-774.00K | USD | 1 Quarter |
| Total other (expense) income |
NonoperatingIncomeExpense
|
$86.00K | USD | 1 Quarter |
| Income before provision for income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$16.40M | USD | 1 Quarter |
| Income before provision for income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$28.93M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$6.07M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$10.96M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$17.96M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$10.33M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$1.00K | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$64.00K | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$10.40M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$17.97M | USD | 1 Quarter |
| Basic earnings per common share |
EarningsPerShareBasic
|
$0.31 | USD | 1 Quarter |
| Basic earnings per common share |
EarningsPerShareBasic
|
$0.51 | USD | 1 Quarter |
| Diluted earnings per common share |
EarningsPerShareDiluted
|
$0.51 | USD | 1 Quarter |
| Diluted earnings per common share |
EarningsPerShareDiluted
|
$0.31 | USD | 1 Quarter |
| Basic weighted average number of shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
35.14M | shares | 1 Quarter |
| Basic weighted average number of shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
33.20M | shares | 1 Quarter |
| Diluted weighted average number of shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
35.12M | shares | 1 Quarter |
| Diluted weighted average number of shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
33.37M | shares | 1 Quarter |
Cash Flow Statement
61 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$17.96M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$10.33M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$12.52M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$10.64M | USD | 1 Quarter |
| Deferred taxes |
IncreaseDecreaseInDeferredIncomeTaxes
|
$-2.38M | USD | 1 Quarter |
| Deferred taxes |
IncreaseDecreaseInDeferredIncomeTaxes
|
$-5.28M | USD | 1 Quarter |
| Compensation expense related to share-based compensation plans |
ShareBasedCompensation
|
$2.61M | USD | 1 Quarter |
| Compensation expense related to share-based compensation plans |
ShareBasedCompensation
|
$2.18M | USD | 1 Quarter |
| Gain on sale of assets |
GainLossOnSaleOfPropertyPlantEquipment
|
$83.00K | USD | 1 Quarter |
| Gain on sale of assets |
GainLossOnSaleOfPropertyPlantEquipment
|
$48.00K | USD | 1 Quarter |
| Excess tax benefits from share based compensation |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$30.00K | USD | 1 Quarter |
| Restricted investments |
IncreaseDecreaseOfRestrictedInvestments
|
$-1.69M | USD | 1 Quarter |
| Restricted investments |
IncreaseDecreaseOfRestrictedInvestments
|
$1.44M | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInReceivables
|
$-54.60M | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInReceivables
|
$-21.33M | USD | 1 Quarter |
| Prepaid taxes |
IncreaseDecreaseInPrepaidTaxes
|
$-26.00K | USD | 1 Quarter |
| Prepaid taxes |
IncreaseDecreaseInPrepaidTaxes
|
$171.00K | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-1.41M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-2.79M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$-373.00K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$-400.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-13.18M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$5.42M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$-13.52M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$-25.99M | USD | 1 Quarter |
| Non-current liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$481.00K | USD | 1 Quarter |
| Non-current liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$12.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$47.70M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$50.29M | USD | 1 Quarter |
| Proceeds from sale of equipment |
ProceedsFromSaleOfMachineryAndEquipment
|
$592.00K | USD | 1 Quarter |
| Proceeds from sale of equipment |
ProceedsFromSaleOfMachineryAndEquipment
|
$1.13M | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$4.89M | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$6.62M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-5.50M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-4.30M | USD | 1 Quarter |
| Repayments of long term debt |
RepaymentsOfLongTermDebt
|
$11.78M | USD | 1 Quarter |
| Repayments of long term debt |
RepaymentsOfLongTermDebt
|
$8.13M | USD | 1 Quarter |
| Stock tendered for payments of withholding taxes |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$3.16M | USD | 1 Quarter |
| Stock tendered for payments of withholding taxes |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$2.21M | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$42.37M | USD | 1 Quarter |
| Capital lease payments |
RepaymentsOfLongTermCapitalLeaseObligations
|
$727.00K | USD | 1 Quarter |
| Capital lease payments |
RepaymentsOfLongTermCapitalLeaseObligations
|
$643.00K | USD | 1 Quarter |
| Excess tax benefits from share-based compensation |
ExcessTaxExpenseBenefitFromShareBasedCompensationFinancingActivities
|
$-134.00K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-15.67M | 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
|
$56.00K | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$26.60M | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-7.49M | USD | 1 Quarter |
| Cash and cash equivalents beginning of the period |
CashAndCashEquivalentsAtCarryingValue
|
$154.00M | 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
|
$127.40M | USD | Point-in-time |
| Cash and cash equivalents beginning of the period |
CashAndCashEquivalentsAtCarryingValue
|
$207.75M | USD | Point-in-time |
| Cash and cash equivalents end of the period |
CashAndCashEquivalentsAtCarryingValue
|
$154.00M | 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
|
$127.40M | USD | Point-in-time |
| Cash and cash equivalents end of the period |
CashAndCashEquivalentsAtCarryingValue
|
$207.75M | USD | Point-in-time |
| Interest |
InterestPaid
|
$1.25M | USD | 1 Quarter |
| Interest |
InterestPaid
|
$1.15M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
$263.00K | 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.