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Earnings Per Share | 6 Months Ended
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Jun. 30, 2025
Earnings Per Share [Abstract] |
Earnings Per Share | ## NOTE 2. Earnings Per Share The Company has two classes of common stock, Class A and Class B, both of which have identical rights to dividends and share equally in the earnings of the Company. Accordingly, the Company presents a single calculation of basic and diluted earnings per share for both classes in accordance with the guidance in ASC 260 “Earnings Per Share”. The following is a reconciliation of our earnings per share (in thousands, except for per share data):
| Three Months Ended June 30, |  |  | Six Months Ended June 30, |
| 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Net income for basic and diluted earnings per share | $ | 25,031 |  |  | $ | 29,015 |  |  | $ | 52,226 |  |  | $ | 56,068 |
Less: net (loss) income attributable to non-controlling interests |  | (216 | ) |  |  | - |  |  |  | 131 |  |  |  | - |
Net income attributable to Hub Group, Inc. | $ | 25,247 |  |  | $ | 29,015 |  |  | $ | 52,095 |  |  | $ | 56,068 |
Weighted average shares outstanding - basic |  | 60,002 |  |  |  | 60,710 |  |  |  | 60,096 |  |  |  | 61,018 |
Dilutive effect of restricted stock |  | 208 |  |  |  | 398 |  |  |  | 218 |  |  |  | 369 |
Weighted average shares outstanding - diluted |  | 60,210 |  |  |  | 61,108 |  |  |  | 60,314 |  |  |  | 61,387 |
Earnings per share - basic | $ | 0.42 |  |  | $ | 0.48 |  |  | $ | 0.87 |  |  | $ | 0.92 |
Earnings per share - diluted | $ | 0.42 |  |  | $ | 0.47 |  |  | $ | 0.86 |  |  | $ | 0.91 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
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