XML 67 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Income Statement [Abstract]      
Revenue $ 3,571,126us-gaap_SalesRevenueServicesNet $ 3,373,898us-gaap_SalesRevenueServicesNet $ 3,124,108us-gaap_SalesRevenueServicesNet
Transportation costs 3,200,691us-gaap_CostOfServices 3,002,875us-gaap_CostOfServices 2,768,042us-gaap_CostOfServices
Gross margin 370,435us-gaap_GrossProfit 371,023us-gaap_GrossProfit 356,066us-gaap_GrossProfit
Costs and expenses:      
Salaries and benefits 136,480us-gaap_LaborAndRelatedExpense 135,341us-gaap_LaborAndRelatedExpense 129,143us-gaap_LaborAndRelatedExpense
Agent fees and commissions 62,041us-gaap_SalesCommissionsAndFees 55,789us-gaap_SalesCommissionsAndFees 55,112us-gaap_SalesCommissionsAndFees
General and administrative 58,014us-gaap_OtherGeneralAndAdministrativeExpense 56,772us-gaap_OtherGeneralAndAdministrativeExpense 52,832us-gaap_OtherGeneralAndAdministrativeExpense
Depreciation and amortization 7,799us-gaap_DepreciationAndAmortization 6,470us-gaap_DepreciationAndAmortization 6,619us-gaap_DepreciationAndAmortization
Driver settlements and related costs 10,343hubg_SettlementOffersToDriversAndRelatedCosts    
Impairment of software 11,881us-gaap_OtherAssetImpairmentCharges    
Impairment of trade name   2,904us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill  
Total costs and expenses 286,558us-gaap_OperatingExpenses 257,276us-gaap_OperatingExpenses 243,706us-gaap_OperatingExpenses
Operating income 83,877us-gaap_OperatingIncomeLoss 113,747us-gaap_OperatingIncomeLoss 112,360us-gaap_OperatingIncomeLoss
Other income (expense):      
Interest expense (1,785)us-gaap_InterestExpense (1,246)us-gaap_InterestExpense (1,207)us-gaap_InterestExpense
Interest and dividend income 32us-gaap_InvestmentIncomeInterestAndDividend 82us-gaap_InvestmentIncomeInterestAndDividend 134us-gaap_InvestmentIncomeInterestAndDividend
Other, net (257)us-gaap_OtherNonoperatingIncomeExpense (28)us-gaap_OtherNonoperatingIncomeExpense (30)us-gaap_OtherNonoperatingIncomeExpense
Total other expense (2,010)us-gaap_NonoperatingIncomeExpense (1,192)us-gaap_NonoperatingIncomeExpense (1,103)us-gaap_NonoperatingIncomeExpense
Income before provision for income taxes 81,867us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 112,555us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 111,257us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision for income taxes 30,309us-gaap_IncomeTaxExpenseBenefit 43,445us-gaap_IncomeTaxExpenseBenefit 43,304us-gaap_IncomeTaxExpenseBenefit
Net income 51,558us-gaap_NetIncomeLoss 69,110us-gaap_NetIncomeLoss 67,953us-gaap_NetIncomeLoss
Other comprehensive income (loss):      
Foreign currency translation adjustments 8us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax (86)us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax (3)us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
Total comprehensive income $ 51,566us-gaap_ComprehensiveIncomeNetOfTax $ 69,024us-gaap_ComprehensiveIncomeNetOfTax $ 67,950us-gaap_ComprehensiveIncomeNetOfTax
Basic earnings per common share $ 1.41us-gaap_EarningsPerShareBasic $ 1.88us-gaap_EarningsPerShareBasic $ 1.83us-gaap_EarningsPerShareBasic
Diluted earnings per common share $ 1.40us-gaap_EarningsPerShareDiluted $ 1.87us-gaap_EarningsPerShareDiluted $ 1.83us-gaap_EarningsPerShareDiluted
Basic weighted average number of shares outstanding 36,590us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 36,829us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 37,053us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted weighted average number of shares outstanding 36,732us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 36,982us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 37,185us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding