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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Reconciliation of Earnings Per Share

The following is a reconciliation of our earnings per share (in thousands, except for per share data):

 

 

Three Months Ended, March 31,

 

 

2025

 

 

2024

 

 

 

 

 

 

 

Net income for basic and diluted earnings per share

$

27,194

 

 

$

27,053

 

 

 

 

 

 

 

Less: net income attributable to non-controlling interests

$

347

 

 

$

-

 

 

 

 

 

 

 

Net income attributable to Hub Group, Inc.

$

26,847

 

 

$

27,053

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

60,190

 

 

 

61,325

 

 

 

 

 

 

 

Dilutive effect of restricted stock

 

230

 

 

 

341

 

 

 

 

 

 

 

Weighted average shares outstanding - diluted

 

60,420

 

 

 

61,666

 

 

 

 

 

 

 

Earnings per share net income

 

 

 

 

 

Basic

$

0.45

 

 

$

0.44

 

Diluted

$

0.44

 

 

$

0.44