XML 10 R4.htm IDEA: XBRL DOCUMENT v3.25.2
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Operating revenue $ 905,648 $ 986,495 $ 1,820,864 $ 1,985,988
Operating expenses:        
Purchased transportation and warehousing 655,904 727,236 1,313,827 1,467,408
Salaries and benefits 143,310 141,856 292,723 286,352
Depreciation and amortization 32,387 37,772 64,966 76,103
Insurance and claims 10,644 12,639 21,526 25,257
General and administrative 28,925 27,877 56,070 55,111
Loss (gain) on sale of assets, net 130 (413) 65 (910)
Total operating expenses 871,300 946,967 1,749,177 1,909,321
Operating income 34,348 39,528 71,687 76,667
Other income (expense):        
Interest expense (3,148) (3,689) (6,395) (7,588)
Interest income 1,019 1,808 2,274 3,201
Other, net 728 (66) 1,023 (236)
Total other expense, net (1,401) (1,947) (3,098) (4,623)
Income before provision for income taxes 32,947 37,581 68,589 72,044
Provision for income taxes 7,916 8,566 16,363 15,976
Net income 25,031 29,015 52,226 56,068
Less: net (loss) income attributable to non-controlling interests (216) 0 131 0
Net income attributable to Hub Group, Inc. $ 25,247 $ 29,015 $ 52,095 $ 56,068
Earnings per share net income        
Basic earnings per common share $ 0.42 $ 0.48 $ 0.87 $ 0.92
Diluted earnings per common share $ 0.42 $ 0.47 $ 0.86 $ 0.91
Basic weighted average number of shares outstanding 60,002 60,710 60,096 61,018
Diluted weighted average number of shares outstanding 60,210 61,108 60,314 61,387