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Acquisition (Tables) | 12 Months Ended
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Dec. 31, 2017
Amortization Expense | Amortization expense for the next five years is as follows (in thousands):
|  |  |  |  |  |  | Hub Group |
| Hub |  | Mode |  | Total |
2018 | $ | 4,795 |  | $ | 853 |  | $ | 5,648 |
2019 |  | 4,655 |  |  | 853 |  |  | 5,508 |
2020 |  | 4,655 |  |  | 853 |  |  | 5,508 |
2021 |  | 4,442 |  |  | 853 |  |  | 5,295 |
2022 |  | 4,400 |  |  | 853 |  |  | 5,253 |
Estenson Logistics, LLC [Member] |
Summary of Total Purchase Price Allocated to Net Assets Acquired | The following table summarizes the total purchase price allocated to the net assets acquired (in thousands):
Cash paid | $ | 165,945 |
Consideration payable |  | 1,366 |
Contingent consideration, fair value |  | 4,703 |
Total consideration |  | 172,014 |
Equipment debt assumed |  | 112,677 |
Total base purchase price | $ | 284,691 |
Preliminary Allocation of Total Consideration to Assets Acquired and Liabilities Assumed | The following table summarizes the preliminary allocation of the total consideration to the assets acquired and liabilities assumed as of the date of the acquisition (in thousands):
| July 1, 2017 |
Cash and cash equivalents | $ | 12 |
Accounts receivable trade |  | 26,830 |
Accounts receivable other |  | 165 |
Prepaid expenses and other current assets |  | 1,500 |
Property and equipment |  | 128,477 |
Other intangibles |  | 66,400 |
Goodwill |  | 86,504 |
Other assets |  | 64 |
Total assets acquired | $ | 309,952 |
Accounts payable trade | $ | 4,542 |
Accrued payroll |  | 5,661 |
Accrued other |  | 15,058 |
Equipment debt |  | 112,677 |
Total liabilities assumed | $ | 137,938 |
Total consideration | $ | 172,014 |
Components of Other Intangibles Acquired | The components of “Other intangibles” listed in the above table as of the acquisition date are preliminarily estimated as follows (in thousands):
|  |  |  |  |  | Accumulated |  |  | Balance at |  |  | Estimated Useful
|  | Amount |  |  | Amortization |  |  | December 31, 2017 |  |  | Life
Customer relationships |  | $ | 66,000 |  |  | $ | 2,200 |  |  | $ | 63,800 |  |  | 15 years
Trade name |  | $ | 400 |  |  | $ | 400 |  |  | $ | 0 |  |  | 3 months
Amortization Expense | Amortization expense related to HGD for the next five years is as follows (in thousands):
2018 |  |  | $4,400 |
2019 |  |  | 4,400 |
2020 |  |  | 4,400 |
2021 |  |  | 4,400 |
2022 |  |  | 4,400 |
Unaudited Pro forma Consolidated Results of Operations | The following unaudited pro forma consolidated results of operations for 2017 and 2016 assume that the acquisition of Estenson was completed as of January 1, 2016 (in thousands, except for per share amounts):
| Twelve Months |  |  | Twelve Months |
| Ended |  |  | Ended |
| December 31, 2017 |  |  | December 31, 2016 |
Revenue | $ | 4,148,918 |  |  | $ | 3,784,604 |
Net income | $ | 139,300 |  |  | $ | 81,984 |
Earnings per share |  |  |  |  |  |  |
Basic | $ | 4.19 |  |  | $ | 2.42 |
Diluted | $ | 4.18 |  |  | $ | 2.41 |

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472 + Details
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