Hub group, inc. (HUBG)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
Cash flows from operating activities:
Net income

96,513

107,171

128,127

216,633

209,467

201,740

252,772

153,495

140,986

135,153

53,454

56,044

67,174

74,805

78,935

80,843

78,638

70,949

64,931

49,590

49,799

51,558

51,738

65,847

65,781

69,110

71,418

71,313

69,655

67,953

66,123

63,904

61,342

58,178

53,673

50,014

45,254

43,458

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

119,080

116,887

111,445

102,688

93,694

83,910

77,826

75,136

68,250

62,173

55,578

48,574

46,595

44,712

43,045

40,942

38,950

37,042

34,877

33,126

31,332

29,380

26,988

25,128

22,985

21,302

20,754

20,525

21,155

21,575

21,696

21,052

19,227

16,340

13,438

10,919

9,249

8,572

0

0

0

Deferred taxes

3,818

-1,821

-12,655

-32,004

-41,120

-39,499

27,345

37,297

41,916

41,351

-20,515

-13,737

-16,697

-13,801

-23,890

-21,666

-17,168

-16,378

-21,970

-21,433

-24,103

-24,501

-13,781

-15,447

-15,760

-16,438

-12,038

-10,902

-8,103

-8,786

-33,703

-25,986

-23,439

-18,821

-9,681

-11,456

-11,680

-9,545

0

0

0

Compensation expense related to share-based compensation plans

15,450

16,286

16,424

15,185

14,912

13,480

11,961

11,883

10,765

9,873

9,563

9,206

8,907

8,479

8,308

7,968

7,980

7,833

7,863

8,177

8,149

8,258

8,267

8,101

7,928

7,667

7,351

7,067

6,784

6,539

5,939

5,584

5,200

4,788

4,531

4,187

3,870

3,576

0

0

0

Loss (gain) on sale of assets

-211

745

862

2,443

1,727

1,007

1,377

-44

-374

-441

-169

11

538

573

0

0

0

-

-

-

-

46

-158

-110

-41

167

279

131

107

-108

-41

57

3

17

-23

-58

-9

-85

0

0

0

Donated equipment

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits from share based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

733

565

-84

98

81

0

0

0

-

-

-

-

13

-57

-46

-51

29

0

0

0

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Restricted investments

-2,885

3,365

-1,089

1,983

1,930

-827

2,569

822

952

3,304

3,503

3,294

2,890

-231

8

-2,248

-2,423

-836

-1,074

279

975

1,190

2,487

4,201

3,472

3,536

2,613

2,323

1,567

2,895

3,292

794

1,526

724

538

3,170

2,357

1,838

0

0

0

Accounts receivable, net

9,654

-32,732

-53,663

-53,362

10,212

31,475

91,465

140,763

127,732

84,775

62,753

48,563

54,361

87,629

32,491

-34,954

-54,831

-36,373

-27,021

-626

-5,724

28,621

17,083

20,516

44,998

25,420

22,451

38,104

20,279

22,429

45,189

12,187

35,679

45,047

37,414

56,820

44,209

46,582

0

0

0

Prepaid taxes

511

14

5,068

-4,230

-11,966

-11,472

-11,963

1,622

11,670

11,794

10,164

309

131

-66

613

1,686

-10,044

-14,575

-4,840

1,084

10,062

14,533

5,598

425

192

308

504

-816

20

-2,253

11

877

27

2,097

-1

-227

-10

-298

0

0

0

Prepaid expenses and other current assets

59

-3,447

889

-4,247

-4,116

1,750

4,046

2,101

3,644

7,543

3,204

-2,907

-2,485

-1,099

715

3,746

-1,254

3,401

-4,041

-3,472

4,270

1,621

9,397

3,783

4,961

2,137

-507

-1,350

1,540

1,562

1,366

1,081

1,261

1,728

2,559

3,677

688

-233

0

0

0

Other assets

3,444

3,786

12,966

12,247

10,714

8,029

-5,133

-4,578

-1,549

-56

3,896

2,644

-543

-570

-212

460

735

805

531

1,230

880

2,047

1,451

1,163

1,373

682

1,029

250

132

-459

-246

-251

-381

33

-1,195

-1,123

-288

-298

0

0

0

Accounts payable

19,113

-14,933

-92,349

-42,748

10,597

5,521

15,648

68,608

52,747

59,037

50,088

11,276

17,113

35,709

-9,964

-16,128

-33,729

-25,736

3,397

13,746

4,498

20,370

10,275

18,706

40,691

27,635

24,693

28,246

15,291

7,438

32,165

1,893

-757

23,095

2,446

7,589

18,594

12,822

0

0

0

Accrued expenses

1,450

-122

14,932

23,999

24,266

43,476

41,200

19,939

12,146

-2,931

3,027

5,256

-3,235

9,238

5,200

-2,469

1,255

20,505

6,123

8,428

4,972

367

2,987

6,298

5,665

1,736

-4,808

-160

-44

2,779

-975

-6,197

3,571

2,989

11,661

10,783

5,262

5,277

0

0

0

Non-current liabilities

-5,727

-870

-8,459

-5,071

-1,508

-3,876

13,124

12,199

9,787

10,185

1,936

1,855

2,229

2,698

3,044

-205

-1,109

-2,642

-2,687

-405

1,071

284

1,190

2,233

1,247

2,888

1,896

1,860

734

1,942

1,855

-899

904

301

719

3,751

2,192

1,910

0

0

0

Net cash provided by operating activities

231,729

254,509

198,762

248,478

241,098

210,839

178,856

159,706

110,690

125,220

110,601

93,169

99,885

102,473

117,883

163,687

176,660

171,697

172,737

147,352

125,289

98,541

94,151

114,681

107,996

117,417

107,030

101,157

98,084

92,917

96,460

91,029

72,196

74,866

56,585

32,618

44,884

37,654

0

0

0

Cash flows from investing activities:
Proceeds from sale of equipment

6,723

10,025

16,012

17,405

14,258

10,975

6,310

4,205

4,716

5,327

3,540

3,269

2,596

2,061

2,960

3,321

2,875

2,309

1,114

429

553

612

469

798

1,188

1,837

2,040

1,786

1,753

1,071

913

839

394

410

433

482

1,049

988

0

0

0

Purchases of property and equipment

103,257

94,847

116,560

159,242

194,669

199,791

173,452

114,209

90,095

74,541

87,462

111,785

109,141

107,409

101,974

84,543

72,878

83,042

84,241

96,444

101,193

119,171

120,719

118,158

134,496

110,917

88,290

75,041

49,325

56,882

54,299

60,772

67,143

55,010

47,636

38,846

29,849

25,616

0

0

0

Acquisitions, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

550

2,550

-5,427

85,277

85,182

0

0

0

-

-

-

-

Proceeds from the disposition of discontinued operations

-

19,439

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by investing activities

-97,268

-66,117

-330,499

-143,802

-181,642

-209,486

60,844

-275,937

-251,312

-235,147

-249,855

-108,516

-106,545

-105,348

-99,014

-81,222

-70,003

-80,733

-83,127

-96,015

-100,640

-118,559

-120,250

-117,360

-133,308

-109,080

-86,375

-73,505

-47,972

-56,361

-55,936

-54,506

-152,026

-139,782

-130,430

-129,443

-29,025

-24,798

0

0

0

Cash flows from financing activities:
Proceeds from issuance of debt

167,482

56,494

89,894

132,320

165,819

172,146

0

0

0

-

-

-

-

-

-

-

-

64,442

73,192

84,271

77,203

91,084

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of long-term debt

104,246

105,653

105,242

100,709

124,916

133,436

127,289

140,802

102,387

79,869

69,614

41,705

38,417

34,767

31,455

28,459

25,796

23,217

19,889

15,654

11,680

7,251

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from stock options exercised

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

41

65

65

95

69

54

105

78

86

106

58

58

46

0

0

0

Stock withheld for payments of withholding taxes

5,175

3,984

2,883

2,999

2,952

4,270

4,264

4,136

4,151

3,412

3,415

3,403

3,438

2,489

2,498

2,418

2,370

2,916

2,913

2,921

2,926

3,195

3,197

3,200

3,188

2,634

2,633

2,627

2,616

1,812

0

0

0

-

-

-

-

-

-

-

-

Purchase of treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

100,000

100,000

100,404

57,772

28,823

0

0

0

-

-

-

-

13,791

0

0

0

-

-

-

-

-

-

-

23,598

25,070

0

0

0

Finance lease payments

2,961

2,954

2,914

2,871

2,934

2,889

2,880

2,884

2,768

2,800

2,770

2,736

2,718

2,634

2,616

2,588

2,572

2,534

2,700

2,473

2,438

2,449

2,228

2,405

2,385

2,329

2,490

2,490

2,468

2,454

0

0

0

-

-

-

-

-

-

-

-

Excess tax benefits from share based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

372

241

-253

19

195

384

513

590

652

460

387

342

336

390

208

547

523

408

942

568

1,034

1,305

864

841

434

0

0

0

Net cash provided by (used in) financing activities

30,102

-81,095

-46,143

18,459

35,017

31,551

9,314

-8,663

4,624

11,066

22,625

2,917

-39,544

-77,363

-67,162

-74,954

-35,529

7,147

1,227

32,293

29,306

60,817

26,778

3,846

14,363

-10,131

-8,095

-7,835

-16,553

-14,882

-3,589

-2,605

-2,370

-1,132

-1,535

-13,260

-22,699

-24,590

0

0

0

Effect of exchange rate changes on cash and cash equivalents

-85

-3

1

-25

-1

-26

-65

-92

-72

14

-8

19

-52

-107

-59

-141

-133

-131

0

0

0

-

-

-

-

-

-

-

-3

-5

-2

-12

-8

-5

-11

8

7

15

0

0

0

Net increase in cash and cash equivalents

164,478

107,294

-177,879

123,110

94,472

32,878

248,949

-124,986

-136,070

-98,847

-116,637

-12,411

-46,256

-80,345

-48,352

7,370

70,995

97,980

90,720

83,616

53,964

40,805

677

1,164

-10,954

-1,796

12,565

19,815

33,556

21,669

36,933

33,906

-82,208

-66,053

-75,391

-110,077

-6,833

-11,719

0

0

0

Supplemental disclosures of cash paid for:
Interest

11,076

11,262

11,373

11,073

10,111

9,677

8,869

8,168

7,324

6,162

5,062

4,079

3,573

3,665

3,386

3,206

3,433

2,977

2,723

2,327

1,941

1,532

1,350

1,358

1,270

1,201

1,170

1,155

1,178

1,200

1,220

1,084

843

541

254

111

71

54

0

0

0

Income taxes

40,453

40,289

43,764

34,354

13,603

13,606

3,028

3,158

13,080

13,149

19,287

21,577

27,910

33,233

27,347

28,771

12,382

6,990

6,589

10,038

19,606

20,189

25,425

23,757

27,067

29,728

32,724

32,822

31,604

28,638

27,131

23,656

17,766

18,629

17,878

19,256

17,244

16,031

0

0

0