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Business Segments | 12 Months Ended
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Dec. 31, 2017
Segment Reporting [Abstract] |
Business Segments | NOTE 5. Business Segments We report two distinct business segments. The first segment is Mode, which includes the Mode LLC business we acquired on April 1, 2011. The second segment is Hub, which is all business other than Mode. Hub offers comprehensive intermodal, truck brokerage, logistics and dedicated services. Our employees operate the freight through a network of operating centers located in the United States, Canada and Mexico. Each operating center is strategically located in a market with a significant concentration of shipping customers and one or more railheads. Hub has full time employees located throughout the United States, Canada and Mexico. Mode LLC markets and operates its freight transportation services, consisting of intermodal, truck brokerage and logistics, primarily through agents who enter into contractual arrangements with Mode LLC. The following is a summary of operating results for our business segments for the years ended December 31, 2017, 2016 and 2015 (in thousands):
| Twelve Months |  |  | Twelve Months |
| Ended December 31, 2017 |  |  | Ended December 31, 2016 |
|  |  |  |  |  |  | Inter- |  | Hub |  |  |  |  |  |  |  |  | Inter- |  | Hub |
|  |  |  |  |  |  | Segment |  | Group |  |  |  |  |  |  |  |  | Segment |  | Group |
| Hub |  | Mode |  | Elims |  | Total |  |  | Hub |  | Mode |  | Elims |  | Total |
Revenue | $ | 3,107,394 |  | $ | 1,029,160 |  | $ | (101,657 | ) | $ | 4,034,897 |  |  | $ | 2,734,541 |  | $ | 948,735 |  | $ | (110,486 | ) | $ | 3,572,790 |
Transportation costs |  | 2,771,291 |  |  | 907,746 |  |  | (101,657 | ) |  | 3,577,380 |  |  |  | 2,404,946 |  |  | 823,545 |  |  | (110,486 | ) |  | 3,118,005 |
Gross margin |  | 336,103 |  |  | 121,414 |  |  | - |  |  | 457,517 |  |  |  | 329,595 |  |  | 125,190 |  |  | - |  |  | 454,785 |
Costs and expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Salaries and benefits |  | 174,573 |  |  | 13,816 |  |  | - |  |  | 188,389 |  |  |  | 165,136 |  |  | 15,323 |  |  | - |  |  | 180,459 |
Agent fees and commissions |  | 58 |  |  | 74,024 |  |  | - |  |  | 74,082 |  |  |  | 66 |  |  | 72,830 |  |  | - |  |  | 72,896 |
General and administrative |  | 77,085 |  |  | 8,097 |  |  | - |  |  | 85,182 |  |  |  | 60,811 |  |  | 7,819 |  |  | - |  |  | 68,630 |
Depreciation and amortization |  | 12,139 |  |  | 1,174 |  |  | - |  |  | 13,313 |  |  |  | 7,698 |  |  | 1,268 |  |  | - |  |  | 8,966 |
Total costs and expenses |  | 263,855 |  |  | 97,111 |  |  | - |  |  | 360,966 |  |  |  | 233,711 |  |  | 97,240 |  |  | - |  |  | 330,951 |
Operating income | $ | 72,248 |  | $ | 24,303 |  | $ | - |  | $ | 96,551 |  |  |  | 95,884 |  |  | 27,950 |  |  | - |  |  | 123,834 |
Capital expenditures | $ | 73,772 |  | $ | 769 |  | $ | - |  | $ | 74,541 |  |  | $ | 106,316 |  | $ | 1,093 |  | $ | - |  | $ | 107,409 |
| Twelve Months |
| Ended December 31, 2015 |
|  |  |  |  |  |  | Inter- |  | Hub |
|  |  |  |  |  |  | Segment |  | Group |
| Hub |  | Mode |  | Elims |  | Total |
Revenue | $ | 2,679,318 |  | $ | 928,661 |  | $ | (82,384 | ) | $ | 3,525,595 |
Transportation costs |  | 2,385,197 |  |  | 810,087 |  |  | (82,384 | ) |  | 3,112,900 |
Gross margin |  | 294,121 |  |  | 118,574 |  |  | - |  |  | 412,695 |
Costs and expenses: |  |  |  |  |  |  |  |  |  |  |  |
Salaries and benefits |  | 143,993 |  |  | 14,945 |  |  | - |  |  | 158,938 |
Agent fees and commissions |  | 56 |  |  | 68,668 |  |  | - |  |  | 68,724 |
General and administrative |  | 53,023 |  |  | 6,992 |  |  | - |  |  | 60,015 |
Depreciation and amortization |  | 6,688 |  |  | 1,300 |  |  | - |  |  | 7,988 |
Total costs and expenses |  | 203,760 |  |  | 91,905 |  |  | - |  |  | 295,665 |
Operating income | $ | 90,361 |  | $ | 26,669 |  | $ | - |  | $ | 117,030 |
Capital expenditures | $ | 79,860 |  | $ | 3,182 |  | $ | - |  | $ | 83,042 |
| As of December 31, 2017 |  |  | As of December 31, 2016 |
|  |  |  |  |  |  | Inter- |  | Hub |  |  |  |  |  |  |  |  | Inter- |  | Hub |
|  |  |  |  |  |  | Segment |  | Group |  |  |  |  |  |  |  |  | Segment |  | Group |
| Hub |  | Mode |  | Elims |  | Total |  |  | Hub |  | Mode |  | Elims |  | Total |
Total assets | $ | 1,470,792 |  | $ | 210,088 |  | $ | (9,939 | ) | $ | 1,670,941 |  |  | $ | 1,178,110 |  | $ | 191,374 |  | $ | (9,225 | ) | $ | 1,360,259 |
Goodwill | $ | 319,272 |  | $ | 29,389 |  | $ | - |  |  | 348,661 |  |  | $ | 232,987 |  | $ | 29,389 |  | $ | - |  |  | 262,376 |
The following tables summarize our revenue by segment and business line (in thousands):
| Twelve Months |  |  | Twelve Months |
| Ended December 31, 2017 |  |  | Ended December 31, 2016 |
|  |  |  |  |  |  | Inter- |  | Hub |  |  |  |  |  |  |  |  | Inter- |  | Hub |
|  |  |  |  |  |  | Segment |  | Group |  |  |  |  |  |  |  |  | Segment |  | Group |
| Hub |  | Mode |  | Elims |  | Total |  |  | Hub |  | Mode |  | Elims |  | Total |
Intermodal | $ | 1,852,884 |  | $ | 496,733 |  | $ | (56,587 | ) | $ | 2,293,030 |  |  | $ | 1,785,865 |  | $ | 486,758 |  | $ | (81,556 | ) | $ | 2,191,067 |
Truck brokerage |  | 483,955 |  |  | 340,330 |  |  | (1,990 | ) |  | 822,295 |  |  |  | 391,901 |  |  | 308,055 |  |  | (1,456 | ) |  | 698,500 |
Logistics |  | 655,543 |  |  | 192,097 |  |  | (43,061 | ) |  | 804,579 |  |  |  | 556,775 |  |  | 153,922 |  |  | (27,474 | ) |  | 683,223 |
Dedicated |  | 115,012 |  |  | - |  |  | (19 | ) |  | 114,993 |  |  |  | - |  |  | - |  |  | - |  |  | - |
Total revenue | $ | 3,107,394 |  | $ | 1,029,160 |  | $ | (101,657 | ) | $ | 4,034,897 |  |  | $ | 2,734,541 |  | $ | 948,735 |  | $ | (110,486 | ) | $ | 3,572,790 |
| Twelve Months |
| Ended December 31, 2015 |
|  |  |  |  |  |  | Inter- |  | Hub |
|  |  |  |  |  |  | Segment |  | Group |
| Hub |  | Mode |  | Elims |  | Total |
Intermodal | $ | 1,792,046 |  | $ | 483,910 |  | $ | (78,688 | ) | $ | 2,197,268 |
Truck brokerage |  | 355,402 |  |  | 314,498 |  |  | (1,908 | ) |  | 667,992 |
Logistics |  | 531,870 |  |  | 130,253 |  |  | (1,788 | ) |  | 660,335 |
Total revenue | $ | 2,679,318 |  | $ | 928,661 |  | $ | (82,384 | ) | $ | 3,525,595 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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