Hub group, inc. (HUBG)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Revenue

3,668,117

3,683,593

3,123,063

2,750,449

3,525,595

3,571,126

3,373,898

3,124,108

2,751,534

1,833,737

1,510,970

1,860,608

Transportation costs

3,147,047

3,237,992

2,785,433

2,419,130

3,112,900

3,200,691

3,002,875

2,768,042

2,438,986

1,620,304

1,325,280

1,626,297

Gross margin

521,070

445,601

337,630

331,319

412,695

370,435

371,023

356,066

312,548

213,433

185,690

234,311

Costs and expenses:
Salaries and benefits

235,963

222,786

175,567

166,118

158,938

136,480

135,341

129,143

121,044

99,138

88,518

93,658

Agent fees and commissions

-

-

-

-

68,724

62,041

55,789

55,112

41,491

2,410

1,287

-

General and administrative

104,206

81,272

77,239

60,932

60,015

58,014

56,772

52,832

49,951

38,211

36,180

41,234

Depreciation and amortization

28,481

16,624

12,155

7,712

7,988

7,799

6,470

6,619

5,603

3,792

4,174

3,957

Driver settlements and related costs

-

-

-

-

-

10,343

-

-

-

-

-

-

Impairment of software

-

-

-

-

-

11,881

-

-

-

-

-

-

Impairment of trade name

-

-

-

-

-

-

2,904

-

-

-

-

-

Total costs and expenses

368,650

320,682

264,961

234,762

295,665

286,558

257,276

243,706

218,089

143,551

130,159

138,849

Operating income

152,420

124,919

72,669

96,557

117,030

83,877

113,747

112,360

94,459

69,882

55,531

95,462

Other income (expense):
Interest expense

10,994

9,611

6,754

3,625

2,971

1,785

1,246

1,207

638

54

91

102

Interest income

2,103

1,359

349

346

83

32

82

134

148

119

146

1,153

Other expense, net

341

58

667

749

-2,560

-257

-28

-30

328

146

299

-187

Total other expense

-8,550

-8,194

-5,738

-2,530

-5,448

-2,010

-1,192

-1,103

-162

211

354

864

Income before provision for income taxes

143,870

116,725

66,931

94,027

111,582

81,867

112,555

111,257

94,297

70,093

55,885

96,326

Provision for income taxes

36,699

29,064

-53,083

36,381

40,633

30,309

43,445

43,304

36,119

26,635

21,620

37,081

Income from continuing operations

107,171

87,661

120,014

57,646

-

-

-

-

-

-

-

-

Income from discontinued operations, net of income taxes

-

114,079

15,139

17,159

-

-

-

-

-

-

-

-

Net income

107,171

201,740

135,153

74,805

70,949

51,558

69,110

67,953

58,178

43,458

34,265

59,245

Other comprehensive income:
Foreign currency translation adjustments

-4

12

79

-95

-101

8

-86

-3

-2

15

-

-

Total comprehensive income

107,167

201,752

135,232

74,710

70,848

51,566

69,024

67,950

58,176

43,473

-

-

Earnings per share from continuing operations
Basic

3.22

2.62

3.61

1.70

-

-

-

-

-

-

-

-

Diluted

3.20

2.61

3.60

1.70

-

-

-

-

-

-

-

-

Earnings per share from discontinued operations
Basic

-

3.42

0.46

0.51

-

-

-

-

-

-

-

-

Diluted

-

3.40

0.45

0.51

-

-

-

-

-

-

-

-

Earnings per share net income
Basic earnings per common share

3.22

6.04

4.07

2.21

1.98

1.41

1.88

1.83

1.58

1.17

0.92

1.59

Diluted earnings per common share

3.20

6.01

4.05

2.20

1.97

1.40

1.87

1.83

1.57

1.16

0.91

1.58

Basic weighted average number of shares outstanding

33,284

33,393

33,220

33,841

35,876

36,590

36,829

37,053

36,913

37,223

37,367

37,174

Diluted weighted average number of shares outstanding

33,480

33,560

33,350

33,949

35,968

36,732

36,982

37,185

37,063

37,385

37,525

37,484