XML 8 R2.htm IDEA: XBRL DOCUMENT v3.25.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 119,699 $ 98,248
Restricted cash 26,806 28,700
Accounts receivable trade, net 592,202 581,516
Accounts receivable other 13,578 10,880
Prepaid taxes 12,890 15,115
Prepaid expenses and other current assets 23,158 33,870
TOTAL CURRENT ASSETS 788,333 768,329
Restricted investments 20,700 21,642
Property and equipment, net 764,386 739,896
Right-of-use assets - operating leases 231,588 233,651
Right-of-use assets - financing leases 563 1,062
Other intangibles, net 251,892 267,357
Goodwill 818,150 814,309
Other non-current assets 25,109 22,097
TOTAL ASSETS 2,900,721 2,868,343
CURRENT LIABILITIES:    
Accounts payable trade 243,415 279,982
Accounts payable other 30,244 29,069
Accrued payroll 34,511 32,833
Accrued other 85,672 91,441
Lease liability - operating leases 46,205 45,492
Lease liability - financing leases 434 663
Current portion of long-term debt 94,520 100,001
TOTAL CURRENT LIABILITIES 535,001 579,481
Deferred consideration 28,579 30,639
Long-term debt 160,479 164,361
Other non-current liabilities 51,786 51,004
Lease liability - operating leases 197,057 197,664
Lease liability - financing leases 64 330
Deferred taxes 172,200 152,913
STOCKHOLDERS' EQUITY:    
Preferred stock, $.01 par value; 2,000,000 shares authorized; no shares issued or outstanding in 2025 and 2024. 0 0
Additional paid-in capital 222,446 222,039
Retained earnings 2,080,174 2,022,265
Accumulated other comprehensive gain (loss) 4,255 (1,453)
Treasury stock; at cost, 11,695,837 shares in 2025 and 11,556,483 shares in 2024 (605,188) (598,583)
Total Hub Group, Inc. equity 1,702,416 1,644,997
Non-controlling interests 53,139 46,954
TOTAL STOCKHOLDERS' EQUITY 1,755,555 1,691,951
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 2,900,721 2,868,343
Class A Common Stock [Member]    
STOCKHOLDERS' EQUITY:    
Common stock 723 723
Class B Common Stock [Member]    
STOCKHOLDERS' EQUITY:    
Common stock $ 6 $ 6