Hub Group, Inc
(NASDAQ:HUBG)

Hub Group, Inc., an asset-light freight transportation management company, provides intermodal, truck brokerage, trucking, managed transportation, freight consolidation, warehousing, last mile delivery, international transportation, and other logistics services in North America. Its intermodal servi...

Website: http://www.hubgroup.com

Founded: 1971

Full Time Employees: 5,000

Sector: Industrials

Industry: Integrated Freight & Logistics

Industrials

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At a glance:

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Quarterly

Annual

Unit: USD	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-04-22	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30

operating revenue	934,496,000	905,648,000	915,216,000	973,510,000	2,972,880,000	1,985,988,000	999,493	985,023,000	1,024,835,000	1,040,462,000	1,152,265,000
operating expenses:
purchased transportation and warehousing	683,657,000	655,904,000	657,924,000	723,159,000	2,207,403,000	1,467,408,000	740,172	742,405,000	772,650,000	763,609,000	866,931,000
salaries and benefits	143,085,000	143,310,000	149,413,000	148,164,000	429,300,000	286,352,000	144,497	135,569,000	138,503,000	141,823,000	137,431,000	62,422,000	65,502,000	68,041,000	68,926,000	70,544,000	65,370,000	54,375,000	56,951,000	42,649,000	45,576,000	49,676,000	50,876,000	53,311,000	59,765,000	60,859,000	62,028,000	59,290,000	57,123,000	58,092,000	56,007,000	51,046,000	49,126,000	45,038,000	43,179,000	50,384,000	42,610,000	43,602,000	43,863,000	44,268,000	36,357,000	38,837,000	39,476,000	32,964,000	30,868,000	35,556,000	37,092,000	33,868,000	31,888,000	35,002,000	34,583,000	33,023,000	31,385,000	31,436,000	33,299,000	29,474,000	32,023,000	32,746,000	26,801,000	26,270,000	25,547,000	23,863,000	23,458,000	21,004,000	22,237,000	22,063,000	23,214,000	19,878,000	24,116,000	24,301,000	25,363,000	25,363,000	23,791,000	22,100,000	24,177,000	25,610,000	23,881,000	23,965,000	24,286,000		88,181,994.1	5.6
depreciation and amortization	31,390,000	32,387,000	32,578,000	32,980,000	108,489,000	76,103,000	38,331	36,624,000	36,065,000	35,386,000	35,449,000	12,024,000	11,884,000	11,097,000	10,955,000	11,185,000	8,912,000	8,868,000	8,502,000	8,292,000	7,697,000	7,625,000	7,623,000	7,331,000	7,301,000	7,095,000	6,754,000	5,338,000	3,800,000	3,960,000	4,005,000	4,098,000	4,254,000	2,549,000	2,412,000	2,407,000	2,276,000	2,148,000	2,136,000	2,095,000	1,966,000	1,967,000	1,960,000	1,897,000	1,967,000	1,877,000	2,058,000	1,697,000	1,627,000	1,593,000	1,553,000	1,611,000	1,611,000	1,737,000	1,660,000	1,635,000	1,560,000	1,472,000	936,000	947,000	938,000	934,000	973,000	945,000	949,000	1,124,000	1,156,000	970,000	995,000	991,000	1,001,000	1,001,000	1,035,000	1,080,000	1,203,000	1,172,000	1,072,000	1,642,000	1,528,000
insurance and claims	10,338,000	10,644,000	10,882,000	8,706,000	35,474,000	25,257,000	12,618	12,999,000	11,681,000	11,676,000	12,683,000
general and administrative	27,128,000	28,925,000	27,146,000	28,913,000	84,785,000	55,111,000	27,234	29,260,000	24,146,000	26,757,000	25,541,000	25,684,000	28,109,000	30,064,000	20,076,000	13,418,000	23,445,000	20,370,000	19,243,000	23,446,000	20,845,000	28,970,000	26,336,000	26,354,000	30,906,000	24,028,000	22,918,000	25,715,000	19,327,000	20,216,000	20,504,000	21,841,000	22,403,000	20,114,000	20,824,000	18,262,000	17,641,000	16,083,000	16,644,000	15,720,000	15,461,000	14,763,000	14,071,000	14,033,000	13,868,000	14,681,000	15,432,000	15,096,000	13,757,000	14,728,000	13,191,000	13,091,000	14,430,000	12,734,000	12,577,000	12,428,000	12,612,000	12,852,000	12,810,000	10,207,000	10,205,000	10,064,000	10,145,000	9,093,000	9,122,000	9,130,000	10,123,000	9,841,000	10,766,000	10,477,000	10,150,000	10,150,000	10,001,000	9,596,000	10,218,000	11,601,000	11,344,000	9,890,000	9,740,000
(gain) on sale of assets	-545,000
total operating expenses	895,053,000	871,300,000	877,878,000	941,985,000	2,864,114,000	1,909,321,000	962,354	955,621,000	982,280,000	978,392,000	1,074,060,000
operating income	39,443,000	34,348,000	37,338,000	31,525,000	108,766,000	76,667,000	37,139	29,402,000	42,555,000	62,070,000	78,205,000	104,287,000	117,738,000	137,636,000	115,060,000	117,585,000	59,873,000	36,948,000	24,051,000	31,172,000	33,917,000	20,978,000	19,759,000	38,864,000	37,246,000	40,721,000	35,589,000	48,244,000	34,734,000	31,953,000	23,133,000	41,127,000	21,669,000	16,578,000	17,177,000	30,839,000	29,855,000	34,297,000	28,843,000	35,341,000	33,418,000	29,476,000	18,795,000	24,777,000	7,677,000	30,927,000	20,496,000	27,251,000	31,295,000	30,464,000	24,737,000	31,648,000	30,351,000	27,850,000	22,511,000	27,138,000	26,643,000	23,918,000	16,760,000	19,218,000	20,707,000	15,715,000	14,242,000	15,517,000	15,892,000	13,446,000	10,676,000	23,121,000	27,283,000	24,070,000	20,988,000	20,988,000	25,563,000	24,734,000	22,165,000	18,278,000					0.85	3.9
yoy	-63.74%	-55.20%	100435.82%	7.22%	155.59%	23.52%	-99.95%	-71.81%	-63.86%	-54.90%	-32.03%	-11.31%	96.65%	272.51%	378.40%	277.21%	76.53%	76.13%	21.72%	-19.79%	-8.94%	-48.48%	-44.48%	-19.44%	7.23%	27.44%	53.85%	17.30%	60.29%	92.74%	34.67%	33.36%	-27.42%	-51.66%	-40.45%	-12.74%	-10.66%	16.36%	53.46%	42.64%	335.30%	-4.69%	-8.30%	-9.08%	-75.47%	1.52%	-17.14%	-13.89%	3.11%	9.39%	9.89%	16.62%	13.92%	16.44%	34.31%	41.21%	28.67%	52.20%	17.68%	23.85%	30.30%	16.87%	33.40%	-32.89%	-41.75%	-44.14%	-49.13%	10.16%	6.73%	-2.68%	-5.31%	14.83%
qoq	14.83%	-8.01%	18.44%	-71.02%	41.87%	206332.59%	-99.87%	-30.91%	-31.44%	-20.63%	-25.01%	-11.42%	-14.46%	19.62%	-2.15%	96.39%	62.05%	53.62%	-22.84%	-8.09%	61.68%	6.17%	-49.16%	4.34%	-8.53%	14.42%	-26.23%	38.90%	8.70%	38.13%	-43.75%	89.80%	30.71%	-3.49%	-44.30%	3.30%	-12.95%	18.91%	-18.39%	5.75%	13.37%	56.83%	-24.14%	222.74%	-75.18%	50.89%	-24.79%	-12.92%	2.73%	23.15%	-21.84%	4.27%	8.98%	23.72%	-17.05%	1.86%	11.39%	42.71%	-12.79%	-7.19%	31.77%	10.34%	-8.22%	-2.36%	18.19%	25.95%	-53.83%	-15.25%	13.35%	14.68%	0.00%	-17.90%	3.35%	11.59%	21.27%						-78.21%
operating margin %	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	8.11%	8.69%	9.82%	8.86%	9.36%	5.57%	3.77%	2.62%	3.27%	3.67%	2.69%	2.36%	4.31%	4.08%	4.42%	3.81%	4.74%	3.72%	2.71%	2.11%	3.54%	2.06%	1.79%	1.92%	3.15%	3.20%	4.01%	3.58%	3.97%	3.71%	3.28%	2.25%	2.71%	0.84%	3.46%	2.42%	3.08%	3.54%	3.64%	3.22%	3.95%	3.77%	3.58%	3.04%	3.64%	3.50%	3.15%	3.45%	4.00%	4.33%	3.43%	3.41%	3.80%	4.09%	3.71%	3.04%	5.37%	5.31%	4.90%	4.94%	4.94%	5.74%	5.92%	5.52%	4.65%	0%	0%	0%	NaN%	0.00%	3.90%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%
other income:
interest expense	-3,025,000	-3,148,000	-3,246,000	-3,294,000	-11,170,000	-7,588,000	-3,899	-3,812,000	-3,537,000	-3,116,000	-2,970,000	-1,381,000	-2,151,000	-1,402,000	-1,698,000	-1,752,000	-1,793,000	-1,859,000	-1,905,000	-2,048,000	-2,237,000	-3,006,000	-2,455,000	-2,468,000	-2,780,000	-2,690,000	-3,056,000	-2,909,000	-2,411,000	-2,187,000	-2,104,000	-2,280,000	-2,345,000	-1,032,000	-1,098,000	-970,000	-888,000	-857,000	-911,000	-753,000	-757,000	-720,000	-741,000	-619,000	-361,000	-398,000	-407,000	-328,000	-323,000	-305,000	-290,000	-299,000	-300,000	-301,000	-307,000	-319,000	-236,000	-69,000	-14,000	-16,000	-12,000	-12,000	-14,000	-15,000	-26,000	-25,000	-25,000		-31,000	-26,000	-26,000	-26,000	-30,000	-33,000	-24,000	-21,000	-50,000	-22,000	-136,000		-637,429	-571
interest income	1,364,000	1,019,000	1,254,000	1,436,000	5,450,000	3,201,000	1,393	3,709,000	2,838,000	2,087,000	1,377,000													522,000	613,000	595,000																																															513,000	711,000	611,000	645,000	643,000	670,000	552,000		970,999.9	56
other	735,000	728,000	295,000	92,000	-259,000	-236,000	-170	478,000	-188,000	69,000	38,000	315,000	-383,000	-194,000		137,000	-96,000	-192,000		-489,000	-122,000	47,000		355,000	56,000	-30,000	-40,000	38,000	251,000	-189,000	-55,000	127,000	404,000		194,000	-359,000	27,000	216,000	936,000	-465,000	-952,000	261,000	-1,404,000	-66,000	39,000	-25,000	-205,000	-5,000	-35,000	23,000	-11,000	28,000	-17,000	-18,000	-23,000	42,000	17,000	60,000	209,000	62,000	-68,000	84,000	68,000	111,000	116,000	62,000	10,000	-215,000	-58,000	-9,000	95,000	95,000	34,000	24,000	55,000	3,000	13,000	7,000	55,000		473,820	0.1
total other expense	-926,000	-1,401,000	-1,697,000	-1,766,000	-5,979,000	-4,623,000	-2,676	375,000	-887,000	-960,000	-1,555,000	-1,066,000	-2,534,000	-1,596,000	-1,567,000	-1,484,250	-1,889,000	-2,051,000	-1,997,000	-1,898,000	-2,359,000	-2,959,000	-2,274,000	-1,739,750	-2,111,000	-2,125,000	-2,723,000	-1,579,250	-1,820,000	-2,354,000	-2,137,000	-2,125,000	-1,883,000	-832,000		-1,222,000	-757,000	-521,000		-1,182,000	-1,687,000	-440,000	-2,139,000	-674,000	-326,000	-412,000	-598,000	-218,000	-333,000
income before provision for income taxes	38,517,000	32,947,000	35,641,000	29,759,000	102,787,000	72,044,000	34,463	29,777,000	41,668,000	61,110,000	76,650,000	91,184,250	115,204,000	136,040,000	113,493,000	28,733,750	57,984,000	34,897,000	22,054,000	16,765,500	31,558,000	18,019,000	17,485,000							29,599,000	20,996,000	39,002,000	19,786,000	15,746,000	16,403,000	29,617,000	29,098,000	33,776,000	28,929,000	34,159,000	31,731,000	29,036,000	16,656,000	24,103,000	7,351,000	30,515,000	19,898,000	26,931,000	30,962,000	30,197,000	24,465,000	31,407,000	30,071,000	27,564,000	22,215,000	26,891,000	26,465,000	23,954,000	16,987,000	19,300,000	20,662,000	15,810,000	14,321,000	15,639,000	16,011,000	13,519,000	10,716,000	18,331,500	27,556,000	24,375,000	21,395,000										55,186,996.5	4
provision for income taxes	9,589,000	7,916,000	8,447,000	5,387,000	23,116,000	15,976,000	7,410	992,000	11,209,000	14,605,000	14,870,000				25,990,000				4,824,000				4,249,000	6,845,250	9,030,000			4,092,750	7,150,000	7,548,000	4,829,000	4,181,250	4,452,000	6,204,000	6,069,000	11,373,000	11,174,000	13,105,000	10,964,000	11,785,000	11,899,000	10,569,000	6,380,000	7,747,000	2,860,000	11,839,000	7,863,000	10,395,000	12,362,000	11,587,000	9,101,000	12,563,000	11,576,000	10,612,000	8,553,000	9,877,000	10,189,000	9,564,000	6,489,000	6,791,000	8,045,000	6,180,000	5,619,000	5,688,000	6,180,000	5,214,000	4,538,000	8,790,000	10,626,000	9,405,000	8,260,000		8,083,000	8,828,000	9,032,000	7,486,000	9,008,000	9,000,000	8,146,000		22,240,998.6	1.6
net income	28,928,000	25,031,000	27,194,000	24,372,000	79,671,000	56,068,000	27,053	28,785,000	30,459,000	46,505,000	61,780,000	79,274,000	87,325,000	102,846,000	87,503,000	84,314,000	43,338,000	26,592,000	17,230,000	22,388,000	24,781,000	13,154,000	13,236,000	27,955,000	26,105,000	29,217,000	23,894,000	48,911,000	114,610,000	22,051,000	16,167,000	99,943,000	15,334,000	9,542,000	10,334,000	18,244,000	17,924,000	20,671,000	17,965,000	22,374,000	19,832,000	18,467,000	10,276,000	16,356,000	4,491,000	18,676,000	12,035,000	16,536,000	18,600,000	18,610,000	15,364,000	18,844,000	18,495,000	16,952,000	13,662,000	17,014,000	16,276,000	14,390,000	10,498,000	12,509,000	12,617,000	9,630,000	8,702,000	9,951,000	9,831,000	8,305,000	6,178,000	14,210,000	16,930,000	14,970,000	13,135,000	13,135,000	17,997,000	16,608,000	13,775,000	11,419,000	13,519,000	13,494,000	12,543,000		32,945,997.9	2.4
yoy	-63.69%	-55.36%	100421.20%	-15.33%	161.57%	20.56%	-99.96%	-63.69%	-65.12%	-54.78%	-29.40%	-5.98%	101.50%	286.76%	407.85%	276.60%	74.88%	102.16%	30.18%	-19.91%	-5.07%	-54.98%	-44.61%	-42.85%	-77.22%	32.50%	47.79%	-51.06%	647.42%	131.09%	56.44%	447.81%	-14.45%	-53.84%	-42.48%	-18.46%	-9.62%	11.93%	74.82%	36.79%	341.59%	-1.12%	-14.62%	-1.09%	-75.85%	0.35%	-21.67%	-12.25%	0.57%	9.78%	12.46%	10.76%	13.63%	17.80%	30.14%	36.01%	29.00%	49.43%	20.64%	25.71%	28.34%	15.95%	40.85%	-29.97%	-41.93%	-44.52%	-52.97%	8.18%	-5.93%	-9.86%	-4.65%	15.03%	33.12%	23.08%	9.82%		-58.97%	562249900.00%
qoq	15.57%	-7.95%	11.58%	-69.41%	42.10%	207152.43%	-99.91%	-5.50%	-34.50%	-24.72%	-22.07%	-9.22%	-15.09%	17.53%	3.78%	94.55%	62.97%	54.34%	-23.04%	-9.66%	88.39%	-0.62%	-52.65%	7.09%	-10.65%	22.28%	-51.15%	-57.32%	419.75%	36.40%	-83.82%	551.77%	60.70%	-7.66%	-43.36%	1.79%	-13.29%	15.06%	-19.71%	12.82%	7.39%	79.71%	-37.17%	264.20%	-75.95%	55.18%	-27.22%	-11.10%	-0.05%	21.13%	-18.47%	1.89%	9.10%	24.08%	-19.70%	4.53%	13.11%	37.07%	-16.08%	-0.86%	31.02%	10.66%	-12.55%	1.22%	18.37%	34.43%	-56.52%	-16.07%	13.09%	13.97%	0.00%	-27.02%	8.36%	20.57%	20.63%	-15.53%	0.19%	7.58%			1372749812.50%
net income margin %	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	6.17%	6.44%	7.34%	6.74%	6.71%	4.03%	2.71%	1.87%	2.35%	2.68%	1.69%	1.58%	3.10%	2.86%	3.17%	2.56%	4.80%	12.28%	1.87%	1.48%	8.60%	1.45%	1.03%	1.16%	1.86%	1.92%	2.42%	2.23%	2.51%	2.20%	2.05%	1.23%	1.79%	0.49%	2.09%	1.42%	1.87%	2.11%	2.22%	2.00%	2.35%	2.30%	2.18%	1.85%	2.28%	2.14%	1.89%	2.16%	2.61%	2.64%	2.10%	2.09%	2.44%	2.53%	2.29%	1.76%	3.30%	3.29%	3.05%	3.09%	3.09%	4.04%	3.97%	3.43%	2.90%	3.18%	3.12%	3.17%	NaN%	2.15%	2.40%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%
less: net income attributable to non-controlling interests	374,000	-216,000	347,000
net income attributable to hub group, inc.	28,554,000	25,247,000	26,847,000
basic earnings per common share	480	420	450					-1,700	980	1,450	1,900	2,072.5	2,630	3,060	2,600	652.5	1,300	800	520	385	750	400	400							660	480	3,010	460	290	310	550	540	610	510	630	550	510	280	450	120	510	330	450	500	500	420	510	500	460	370	460	440	390	280	340	340	260	230	270	260	220	170	302.5	450	400	350	350									1,649.6	0.18
diluted earnings per common share	470	420	440					-1,690	970	1,440	1,880	2,052.5	2,610	3,030	2,580	645	1,280	780	510	382.5	740	390	400							660	480	2,990	460	290	310	540	540	610	510	620	550	510	280	440	120	510	330	450	500	500	420	510	500	460	370	460	440	390	280	330	340	260	230	260	260	220	170	300	450	400	350	350									1,589.62	0.17
basic weighted-average number of shares outstanding	60,006,000	60,002,000	60,190,000	60,623,000				63,324,000	31,139,000	32,037,000	32,549,000	33,209	33,145,000	33,651,000	33,644,000	33,434	33,433,000	33,428,000	33,419,000	33,180	33,177,000	33,171,000	33,159,000	33,284	33,034	33,552	33,569	33,393	33,399	33,389,000	33,375,000	33,220,000	33,227,000	33,220,000	33,205,000	33,841,000	33,212,000	33,944,000	35,137,000	35,876,000	35,769,000	35,986,000	36,156,000	36,590,000	36,676,000	36,674,000	36,661,000	36,829,000	36,873,000	36,870,000	36,855,000	37,053,000	37,079,000	37,070,000	37,043,000	36,913,000	36,923,000	36,901,000	36,886,000	37,223,000	37,118,000	37,429,000	37,527,000	37,367,000	37,373,000	37,344,000	37,321,000	37,174,000	37,209,000	37,191,000	37,101,000	37,101,000	38,660,000	38,777,000	39,043,000	39,257,000	39,958,000	39,773,000	40,768,000		19,930,000
diluted weighted-average number of shares outstanding	60,333,000	60,210,000	60,420,000	61,104,000				63,954,000	31,493,000	32,293,000	32,838,000	33,559	33,521,000	33,935,000	33,966,000	33,892	33,873,000	33,879,000	33,775,000	33,543	33,597,000	33,455,000	33,488,000	33,480	33,265	33,715	33,585	33,560	33,605	33,562,000	33,478,000	33,350,000	33,335,000	33,262,000	33,373,000	33,949,000	33,366,000	34,027,000	35,122,000	35,968,000	35,903,000	36,075,000	36,169,000	36,732,000	36,858,000	36,814,000	36,724,000	36,982,000	37,050,000	36,989,000	36,949,000	37,185,000	37,206,000	37,190,000	37,143,000	37,063,000	37,065,000	37,060,000	37,022,000	37,385,000	37,288,000	37,580,000	37,643,000	37,525,000	37,550,000	37,480,000	37,412,000	37,484,000	37,541,000	37,489,000	37,405,000	37,405,000	39,128,000	39,230,000	39,538,000	39,766,000	40,823,000	40,572,000	41,607,000		20,696,000
loss on sale of assets		130,000
gain on sale of assets			-65,000	63,000	-1,337,000	-910,000	-498	-1,236,000	-765,000	-859,000	-3,975,000
july 2024				15,551,000	62,204,000
august 2024				191,521,000	766,084,000
september 2024				1,129,000	4,516,000
total				208,201,000	832,804,000	184,112,000	773,995
april 2024						139,483,000
may 2024						44,498,000
june 2024						131,000
january 2024							184,786
february 2024							470,073
march 2024							119,136
other comprehensive income:
foreign currency translation adjustments								38,000	-31,000	44,000	34,000	24,000	-35,000	-16,000	20,000	-6,000	-25,000	25,000	-10,000	69,000	23,000	37,000	-134,000	25,000	-33,000	-3,000	7,000	-13,000	22,000	-25,000	29,000	-22,000	9,000	28,000	64,000	-32,000	-10,000	-54,000	1,000	-1,000	-80,000	-23,000	3,000	-39,000	14,000	46,000	-13,000	21,000	-74,000	-59,000	26,000	-1,000		-3,000	1,000
total comprehensive income								28,823,000	30,428,000	46,549,000	61,814,000	79,298,000	87,290,000	102,830,000	87,523,000	84,308,000	43,313,000	26,617,000	17,220,000	22,457,000	24,804,000	13,191,000	13,102,000	27,980,000	26,072,000	29,214,000	23,901,000	48,898,000	114,632,000	22,026,000	16,196,000	99,921,000	15,343,000	9,570,000	10,398,000	18,212,000	17,914,000	20,617,000	17,966,000	22,373,000	19,752,000	18,444,000	10,279,000	16,317,000	4,505,000	18,722,000	12,022,000	16,557,000	18,526,000	18,551,000	15,390,000	18,843,000	18,495,000	16,949,000	13,663,000
revenue												1,285,503,000	1,355,407,000	1,401,457,000	1,298,123,000	1,256,403,000	1,075,107,000	981,320,000	919,553,000	952,730,000	924,812,000	779,243,000	838,859,000	900,681,000	913,275,000	921,163,000	932,998,000	1,018,293,000	933,224,000	1,179,093,000	1,095,971,000	1,162,576,000	1,054,360,000	924,513,000	893,448,000	978,560,000	932,814,000	855,557,000	805,859,000	890,272,000	899,869,000	899,513,000	835,941,000	915,361,000	913,386,000	893,930,000	848,449,000	885,252,000	882,981,000	836,685,000	768,980,000	801,023,000	804,888,000	778,312,000	739,885,000	746,067,000	760,379,000	759,709,000	485,379,000	479,913,000	478,417,000	458,113,000	417,294,000	407,881,000	388,781,000	362,613,000	351,695,000	430,472,000	514,212,000	490,929,000	424,995,000	424,995,000	445,464,000	417,842,000	401,565,000	393,297,000	425,460,000	432,009,000	395,253,000		1,531,498,900	100
yoy												2.32%	26.07%	42.81%	41.17%	31.87%	16.25%	25.93%	9.62%	5.78%	1.26%	-15.41%	-10.09%	-11.55%	-2.14%	-21.88%	-14.87%	-12.41%	-11.49%	27.54%	22.67%	18.80%	13.03%	8.06%	10.87%	9.92%	3.66%	-4.89%	-3.60%	-2.74%	-1.48%	0.62%	-1.47%	3.40%	3.44%	6.84%	10.33%	10.52%	9.70%	7.50%	3.93%	7.37%	5.85%	2.45%	52.43%	55.46%	58.94%	65.83%	16.32%	17.66%	23.06%	26.34%	18.65%	-5.25%	-24.39%	-26.14%	-17.25%	1.29%	15.43%	17.49%	5.83%	8.06%	4.70%	-3.28%	1.60%		-72.22%	432008900.00%
qoq												-5.16%	-3.29%	7.96%	3.32%	16.86%	9.56%	6.72%	-3.48%	3.02%	18.68%	-7.11%	-6.86%	-1.38%	-0.86%	-1.27%	-8.38%	9.12%	-20.85%	7.58%	-5.73%	10.26%	14.04%	3.48%	-8.70%	4.90%	9.03%	6.17%	-9.48%	-1.07%	0.04%	7.60%	-8.68%	0.22%	2.18%	5.36%	-4.16%	0.26%	5.53%	8.80%	-4.00%	-0.48%	3.41%	5.19%	-0.83%	-1.88%	0.09%	56.52%	1.14%	0.31%	4.43%	9.78%	2.31%	4.91%	7.22%	3.10%	-18.30%	-16.29%	4.74%	15.51%	0.00%	-4.59%	6.61%	4.05%	2.10%	-7.56%	-1.52%	9.30%			1531498800.00%
transportation costs												1,081,086,000	1,132,174,000	1,154,619,000	1,083,106,000	1,043,671,000	917,507,000	860,759,000	810,806,000	847,171,000	816,777,000	671,994,000	734,265,000	774,821,000	778,057,000	788,460,000	805,709,000	879,706,000	818,240,000	1,042,903,000	973,180,000	1,024,485,000	937,836,000	823,196,000	791,863,000	858,106,000	821,360,000	741,067,000	697,472,000	773,498,000	794,805,000	797,784,000	746,813,000	825,451,000	820,190,000	795,345,000	759,705,000	790,164,000	789,857,000	741,212,000	681,642,000	707,644,000	713,301,000	690,954,000	656,143,000	662,301,000	673,657,000	674,956,000	428,072,000	423,271,000	421,020,000	407,537,000	368,476,000	361,322,000	340,581,000	316,850,000	306,526,000	376,662,000	451,052,000	431,090,000	367,493,000	367,493,000	385,074,000	360,332,000	343,802,000	336,636,000	367,242,000	374,673,000	339,805,000		1,342,475,912.5	87.7
gross margin												204,417,000	223,233,000	246,838,000	215,017,000	212,732,000	157,600,000	120,561,000	108,747,000	105,559,000	108,035,000	107,249,000	104,594,000	125,860,000	135,218,000	132,703,000	127,289,000	138,587,000	114,984,000	136,190,000	122,791,000	138,091,000	116,524,000	101,317,000	101,585,000	120,454,000	111,454,000	114,490,000	108,387,000	116,774,000	105,064,000	101,729,000	89,128,000	89,910,000	93,196,000	98,585,000	88,744,000	95,088,000	93,124,000	95,473,000	87,338,000	93,379,000	91,587,000	87,358,000	83,742,000	83,766,000	86,722,000	84,753,000	57,307,000	56,642,000	57,397,000	50,576,000	48,818,000	46,559,000	48,200,000	45,763,000	45,169,000	53,810,000	63,160,000	59,839,000	57,502,000	57,502,000	60,390,000	57,510,000	57,763,000	56,661,000					3.125	12.3
yoy												-3.91%	41.65%	104.74%	97.72%	101.53%	45.88%	12.41%	3.97%	-16.13%	-20.10%	-19.18%	-17.83%	-9.18%	17.60%	-2.56%	3.66%	0.36%	-1.32%	34.42%	20.88%	14.64%	4.55%	-11.51%	-6.28%	3.15%	6.08%	12.54%	21.61%	29.88%	12.73%	3.19%	0.43%	-5.45%	0.08%	3.26%	1.61%	1.83%	1.68%	9.29%	4.29%	11.48%	5.61%	3.07%	46.13%	47.89%	51.09%	67.58%	17.39%	21.66%	19.08%	10.52%	8.08%	-13.48%	-23.69%	-23.52%	-21.45%	-6.42%	4.59%	4.05%	-0.45%	1.48%
qoq												-8.43%	-9.56%	14.80%	1.07%	34.98%	30.72%	10.86%	3.02%	-2.29%	0.73%	2.54%	-16.90%	-6.92%	1.90%	4.25%	-8.15%	20.53%	-15.57%	10.91%	-11.08%	18.51%	15.01%	-0.26%	-15.66%	8.08%	-2.65%	5.63%	-7.18%	11.15%	3.28%	14.14%	-0.87%	-3.53%	-5.47%	11.09%	-6.67%	2.11%	-2.46%	9.31%	-6.47%	1.96%	4.84%	4.32%	-0.03%	-3.41%	2.32%	47.89%	1.17%	-1.32%	13.49%	3.60%	4.85%	-3.40%	5.33%	1.32%	-16.06%	-14.80%	5.55%	4.06%	0.00%	-4.78%	5.01%	-0.44%	1.94%						-74.59%
gross margin %	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	15.90%	16.47%	17.61%	16.56%	16.93%	14.66%	12.29%	11.83%	11.08%	11.68%	13.76%	12.47%	13.97%	14.81%	14.41%	13.64%	13.61%	12.32%	11.55%	11.20%	11.88%	11.05%	10.96%	11.37%	12.31%	11.95%	13.38%	13.45%	13.12%	11.68%	11.31%	10.66%	9.82%	10.20%	11.03%	10.46%	10.74%	10.55%	11.41%	11.36%	11.66%	11.38%	11.22%	11.32%	11.23%	11.41%	11.16%	11.81%	11.80%	12.00%	11.04%	11.70%	11.41%	12.40%	12.62%	12.84%	12.50%	12.28%	12.19%	13.53%	13.53%	13.56%	13.76%	14.38%	14.41%	0%	0%	0%	NaN%	0.00%	12.30%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%
costs and expenses:
total costs and expenses												100,130,000	105,495,000	109,202,000	99,957,000	95,147,000	97,727,000	83,613,000	84,696,000	74,387,000	74,118,000	86,271,000	84,835,000	86,996,000	97,972,000	91,982,000	91,700,000	90,343,000	80,250,000	104,237,000	99,658,000	96,964,000	94,855,000	84,739,000	84,408,000	89,615,000	81,599,000	80,193,000	79,544,000	81,433,000	71,646,000	72,253,000	70,333,000	65,133,000	85,519,000	67,658,000	68,248,000	67,837,000	61,829,000	65,009,000	62,601,000	61,731,000	61,236,000	59,508,000	61,231,000	56,628,000	60,079,000	60,835,000	40,547,000	37,424,000	36,690,000	34,861,000	34,576,000	31,042,000	32,308,000	32,317,000	34,493,000	30,689,000	35,877,000	35,769,000	36,514,000	36,514,000	34,827,000	32,776,000	35,598,000	38,383,000					2.275	8.4
income tax expense												23,947,000	27,879,000	33,194,000		31,661,000	14,646,000	8,305,000		6,650,000	6,777,000	4,865,000				9,379,000	8,972,000
other income															131,000
interest and dividend income																			1,000				403,000				373,000	91,250	340,000	22,000	22,000	28,000	58,000	200,000	130,000	107,000	104,000	120,000	61,000	36,000	22,000	19,000	6,000	11,000	-4,000	11,000	14,000	13,000	25,000	15,000	29,000	30,000	37,000	33,000	34,000	30,000	41,000	45,000	32,000	36,000	35,000	23,000	25,000	26,000	29,000	36,000	55,000	113,000	362,000	340,000	338,000	338,000
other expense																			-93,000				-222,000
income from continuing operations before income taxes																								37,273,000	35,135,000	38,596,000	32,866,000	46,367,000	32,914,000
income from continuing operations																								27,955,000	26,105,000	29,217,000	23,894,000	33,674,000	25,764,000																																												17,997,000	16,608,000	13,775,000	11,419,000	13,519,000	13,494,000	12,219,000
income from discontinued operations, net of income taxes																												15,237,000	88,846,000
earnings per share from continuing operations
basic																								0.85	0.79	0.87	0.71	1	0.77
diluted																								0.84	0.78	0.87	0.71	1	0.77
earnings per share from discontinued operations
earnings per share net income
agent fees and commissions																														21,969,000	19,142,000	19,979,000	19,072,000	17,038,000	17,993,000	18,562,000	19,072,000	18,360,000	16,901,000	19,350,000	17,862,000	16,686,000	14,826,000	16,239,000	16,592,000	15,544,000	13,666,000	14,272,000	14,557,000	13,686,000	13,274,000	14,006,000	13,810,000	13,601,000	13,695,000	13,091,000	13,884,000	13,765,000
total other income																																			-774,000				86,000											-267,000	-272,000	-241,000	-280,000	-286,000	-296,000	-247,000	-178,000	36,000	227,000	82,000	-45,000	95,000	79,000	122,000	119,000	73,000	40,000	-121,000	273,000	305,000	407,000	407,000	517,000	702,000	642,000	627,000					0.025	0.1
driver settlements and related costs																																													10,343,000
impairment of software																																													11,881,000
other comprehensive loss:
see notes to unaudited consolidated financial statements.
see notes to unaudited condensed consolidated financial statements.
income before benefit from income taxes																																																																								21,395,000
benefit from income taxes																																																																								8,260,000
income from continuing operations before provision for income taxes																																																																									26,080,000	25,436,000	22,807,000	18,905,000
discontinued operations:
income from discontinued operations of hgds
income from discontinued operations																																																																															324,000
before provision for income taxes																																																																													14,245,250	22,494,000	20,365,000
income from discontinued operations of hgds (including
loss on disposal of 70 in 2006)																																																																													408,500
general and administration																																																																																	0.625	2.2
depreciation & amortization																																																																																	0.175	0.6
debt extinguishment expense
hub group, inc.
reconciliation of as reported financial results to as adjusted financial results
debt extinguishment expenses																																																																																		-7,296
basic weighted-average number of shares
outstanding																																																																																	4,853.5	19,414
diluted weighted-average number of shares
a) fees and expenses related to our extinguishment of 9.14% debt
1) pre-payment penalty of 6,804
2) write-off of related deferred financing costs of 492
b) income taxes at 42.0%
note: the purpose of this statement is to reflect as adjusted earnings excluding the one time costs
associated with prepaying our debt.

Balance Sheets:

Quarterly

Annual

Unit: USD	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-04-22	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-01	2005-09-30

assets
current assets:
cash and cash equivalents	119,699,000	137,048,000	112,674,000	98,248,000	186,139,000	220,247,000	195,362,000	187,270,000	400,686,000	342,429,000	342,570,000	286,642,000	211,921,000	298,476,000	206,896,000	159,784,000	230,656,000	246,021,000	226,264,000	124,506,000	185,336,000	203,173,000	276,880,000	168,729,000	89,628,000	149,863,000	112,402,000	61,435,000	267,507,000	26,753,000	17,930,000	28,557,000	18,558,000	151,739,000	154,000,000	127,404,000	135,195,000	164,150,000	200,256,000	207,749,000	183,547,000	156,780,000	129,261,000	109,769,000	92,827,000	73,164,000	75,297,000	68,964,000	92,150,000	72,000,000	86,251,000	70,760,000	79,585,000	52,185,000	52,695,000	49,091,000	42,652,000	18,279,000	134,903,000	115,144,000	118,043,000	128,356,000	141,736,000	126,863,000	122,808,000	113,091,000	112,673,000	85,799,000	63,378,000	54,038,000	38,878,000	38,878,000	38,002,000	39,824,000	52,380,000	34,730,000	43,491,000				26,847,000
restricted cash	26,806,000	26,553,000	28,436,000	28,700,000
accounts receivable trade	592,202,000	541,554,000	568,610,000	581,516,000	576,352,000	583,759,000	588,957,000	600,197,000	630,794,000	612,163,000	696,789,000	716,190,000	780,868,000	794,785,000	766,579,000	701,512,000	613,443,000	533,198,000	507,377,000	518,975,000	559,312,000	456,619,000	462,813,000	443,539,000	434,552,000	421,139,000	445,238,000	477,088,000	457,694,000	615,690,000	573,722,000	583,994,000	532,538,000	448,916,000	418,357,000	473,608,000	445,574,000	399,207,000	365,149,000	379,987,000	411,849,000	420,951,000	409,506,000	401,803,000	426,627,000	417,880,000	413,426,000	371,528,000	408,279,000	395,387,000	366,296,000	346,917,000	385,821,000	357,645,000	346,854,000	326,537,000	343,579,000	348,314,000	214,269,000	185,879,000	210,134,000	195,134,000
accounts receivable other	13,578,000	11,887,000	10,273,000	10,880,000	5,683,000	3,771,000	4,940,000																						4,575,000	3,851,000	4,467,000	5,722,000	10,017,000	2,786,000	4,984,000	4,331,000	7,036,000	3,917,000	3,848,000	10,344,000	9,206,000	18,022,000	14,299,000	24,886,000	20,572,000	20,871,000	16,127,000	26,569,000	21,894,000	22,955,000	18,503,000	25,945,000	22,060,000	22,658,000	17,601,000	23,878,000	19,068,000	28,256,000	12,981,000	17,958,000	13,561,000	14,621,000
prepaid taxes	12,890,000	11,060,000	9,177,000	15,115,000	11,026,000	12,791,000	10,078,000	17,331,000	19,095,000	15,258,000	9,382,000	16,987,000	3,599,000	4,357,000	1,657,000	2,191,000	87,000	1,731,000	985,000	1,336,000	1,780,000	708,000	673,000	630,000	5,238,000	1,038,000	169,000	616,000	171,000	5,268,000	12,136,000	12,088,000	12,134,000	3,648,000	469,000	294,000	1,971,000	3,339,000	336,000	362,000	1,358,000	1,653,000	10,380,000	14,937,000	6,203,000	574,000	319,000	409,000	589,000	173,000	175,000	139,000	139,000	1,003,000	149,000	2,392,000	128,000	128,000	123,000	296,000	129,000	354,000	132,000	593,000	132,000	123,000	123,000	123,000	86,000	86,000	86,000	86,000	86,000	86,000	86,000	1,098,000	3,202,000
prepaid expenses and other current assets	23,158,000	17,337,000	23,642,000	33,870,000	26,196,000	16,139,000	28,621,000	41,089,000	26,649,000	15,445,000	19,297,000	32,914,000	22,646,000	18,115,000	24,378,000	27,779,000	32,772,000	14,483,000	17,898,000	26,753,000	13,661,000	13,682,000	14,993,000	24,086,000	26,234,000	11,602,000	14,974,000	27,533,000	25,001,000	15,763,000	19,009,000	25,697,000	21,216,000	12,165,000	13,863,000	16,653,000	16,508,000	15,071,000	16,347,000	17,756,000	15,797,000	11,325,000	17,600,000	14,355,000	19,842,000	14,801,000	13,334,000	12,738,000	10,432,000	11,033,000	8,395,000	10,619,000	10,972,000	12,386,000	6,850,000	9,056,000	9,603,000	11,309,000	4,831,000	6,569,000	6,285,000	6,867,000	4,142,000	6,801,000	6,155,000	6,606,000	3,762,000	4,346,000	5,734,000	5,925,000	3,740,000	3,740,000	4,318,000	5,244,000	4,795,000	6,794,000	4,450,000			249,000
total current assets	788,333,000	745,439,000	752,812,000	768,329,000	805,396,000	836,707,000	827,958,000	849,245,000	1,082,814,000	989,907,000	1,072,338,000	1,056,700,000	1,022,936,000	1,118,666,000	1,002,663,000	894,288,000	881,007,000	799,716,000	755,888,000	672,835,000	753,452,000	666,710,000	748,861,000	640,221,000	559,597,000	586,924,000	575,391,000	588,693,000	754,948,000	667,325,000	627,264,000	656,058,000	594,463,000	619,254,000	591,673,000	622,290,000	606,284,000	585,684,000	585,936,000	624,610,000	629,469,000	616,960,000	587,262,000	570,566,000	571,171,000	534,722,000	525,730,000	486,034,000	539,228,000	506,980,000	484,021,000	459,345,000	502,906,000	451,400,000	427,944,000	415,792,000	422,451,000	409,712,000	369,587,000	329,160,000	350,412,000	346,287,000	329,809,000	294,380,000	303,394,000	279,474,000	260,957,000	251,378,000	288,717,000	266,523,000	218,144,000	218,144,000	218,222,000	242,258,000	225,914,000	204,896,000	221,229,000
restricted investments	20,700,000	20,005,000	18,492,000	21,642,000	21,342,000	21,044,000	20,393,000	20,763,000	19,809,000	20,262,000	19,187,000	18,065,000	16,888,000	19,056,000	21,497,000	24,256,000	23,100,000	23,305,000	21,735,000	23,353,000	21,516,000	20,961,000	18,192,000	22,601,000	21,428,000	21,972,000	21,077,000	19,236,000	22,168,000	24,107,000	23,265,000	24,181,000	24,066,000	23,285,000	22,313,000	20,877,000	20,563,000	19,991,000	19,423,000	21,108,000	20,555,000	22,239,000	21,846,000	21,944,000	21,629,000	21,960,000	20,871,000	20,754,000	19,142,000	17,759,000	17,399,000	17,218,000	16,529,000	15,436,000	15,832,000	14,323,000	13,237,000	14,642,000	12,128,000	11,421,000	10,521,000	9,294,000	9,771,000	9,583,000	8,951,000	7,688,000	6,573,000	6,118,000	7,089,000	7,746,000	7,452,000	7,452,000	5,206,000	5,116,000	4,803,000	4,278,000	3,017,000				1,173,000
property and equipment	764,386,000	725,200,000	731,933,000	739,896,000	741,753,000	759,779,000	777,209,000	791,692,000	789,842,000	783,127,000	776,656,000	783,683,000	755,580,000	712,571,000	689,779,000	681,451,000	661,346,000	632,236,000	641,858,000	671,101,000	638,940,000	650,990,000	668,398,000	663,165,000	657,826,000	651,057,000	663,337,000	681,859,000	662,755,000	618,931,000	568,048,000	562,150,000	547,881,000	440,838,000	443,207,000	438,594,000	406,885,000	381,532,000	379,484,000	374,847,000	350,726,000	332,532,000	332,637,000	338,327,000	315,151,000	286,133,000	276,743,000	260,400,000	220,210,000	189,396,000	161,867,000	157,584,000	151,195,000	131,988,000	133,484,000	124,587,000	110,055,000	69,373,000	46,782,000	47,806,000	43,184,000	27,577,000	27,246,000	28,510,000	28,686,000	29,968,000	31,486,000	32,713,000	30,955,000	28,181,000	28,858,000	28,858,000	29,662,000	29,477,000	30,511,000	27,342,000	26,974,000	25,192,000	24,381,000	13,673,000	15,029,000
right-of-use assets - operating leases	231,588,000	219,925,000	221,888,000	233,651,000	228,137,000	196,465,000	209,171,000	210,742,000	193,698,000	167,681,000	174,194,000	102,114,000	101,572,000	45,997,000	44,118,000	44,036,000	41,335,000	42,191,000	42,859,000	43,573,000	34,400,000	35,889,000	33,332,000	35,548,000	37,509,000	32,165,000	30,787,000
right-of-use assets - financing leases	563,000	731,000	897,000	1,062,000	1,226,000	1,538,000	2,152,000	2,522,000	3,142,000	3,744,000	4,357,000	1,194,000	1,710,000	2,230,000	2,750,000	1,252,000	1,789,000	2,337,000	2,973,000	3,557,000	4,145,000	4,704,000	5,298,000	5,865,000	6,432,000	7,021,000	7,601,000
other intangibles	251,892,000	259,300,000	258,744,000	267,357,000	240,162,000	248,391,000	295,943,000	304,607,000	177,032,000	183,634,000	190,235,000	197,386,000	204,524,000	183,883,000	190,252,000	196,672,000	142,592,000	146,724,000	150,857,000	163,953,000	110,890,000	114,128,000	117,511,000	120,967,000	124,422,000	127,878,000	131,333,000	134,788,000	61,116,000	71,501,000	72,925,000	74,348,000	75,772,000	11,196,000	11,520,000	11,844,000	12,167,000	12,491,000	12,815,000	13,139,000	13,463,000	13,786,000	14,110,000	14,434,000	14,758,000	15,081,000	15,405,000	15,729,000	18,957,000	19,319,000	19,691,000	20,068,000	20,445,000	20,842,000	21,238,000	21,667,000	20,496,000	20,876,000	5,725,000	5,856,000	5,830,000	5,941,000	6,053,000	6,164,000	6,276,000	6,387,000	6,499,000	6,610,000	6,722,000	6,833,000	6,945,000	6,945,000	7,056,000	7,168,000	7,279,000	7,391,000	7,502,000	7,614,000
goodwill	818,150,000	804,019,000	812,235,000	814,309,000	772,542,000	771,894,000	735,460,000	733,695,000	629,772,000	629,407,000	629,407,000	629,402,000	628,093,000	577,340,000	576,847,000	576,913,000	522,360,000	522,360,000	520,592,000	508,555,000	484,295,000	484,350,000	484,404,000	484,459,000	484,514,000	484,568,000	484,496,000	483,584,000	318,662,000	348,106,000	348,161,000	348,661,000	348,506,000	262,266,000	262,321,000	262,376,000	262,431,000	262,485,000	262,540,000	262,594,000	262,649,000	262,704,000	262,759,000	262,813,000	262,868,000	262,923,000	262,978,000	263,032,000	263,087,000	263,142,000	263,196,000	263,251,000	263,306,000	263,361,000	263,415,000	263,470,000	262,640,000	262,223,000	232,975,000	233,029,000	232,727,000	232,782,000	232,837,000	232,892,000	232,946,000	233,001,000	233,056,000	233,110,000	230,448,000	230,448,000	230,448,000	230,448,000	230,448,000	225,448,000	225,448,000	225,448,000	225,448,000	220,448,000	220,488,000	12,018,000	215,175,000
other non-current assets	25,109,000	25,432,000	24,524,000	22,097,000	22,567,000	22,885,000	22,984,000
total assets	2,900,721,000	2,800,051,000	2,821,525,000	2,868,343,000	2,833,125,000	2,858,703,000	2,891,270,000	2,936,047,000	2,918,132,000	2,800,042,000	2,887,982,000	2,810,081,000	2,752,662,000	2,679,245,000	2,547,134,000	2,437,294,000	2,291,480,000	2,186,219,000	2,154,767,000	2,105,396,000	2,064,970,000	1,999,177,000	2,094,607,000	1,991,574,000	1,910,683,000	1,930,119,000	1,931,312,000	1,924,898,000	1,823,201,000	1,733,504,000	1,643,270,000	1,670,941,000	1,599,863,000	1,363,770,000	1,334,939,000	1,360,259,000	1,312,217,000	1,266,470,000	1,264,646,000	1,301,146,000	1,280,961,000	1,252,048,000	1,222,327,000	1,212,127,000	1,189,143,000	1,123,414,000	1,104,558,000	1,047,943,000	1,063,806,000	999,100,000	948,707,000	919,853,000	956,542,000	885,284,000	864,312,000	842,684,000	831,285,000	779,335,000	669,302,000	629,407,000	644,984,000	624,221,000	607,494,000	573,348,000	581,901,000	558,202,000	540,261,000	531,676,000	565,096,000	540,982,000	493,084,000	493,084,000	491,967,000	510,907,000	495,412,000	469,774,000	484,548,000
liabilities and stockholders' equity
current liabilities:
accounts payable trade	243,415,000	235,295,000	263,267,000	279,982,000	305,838,000	325,569,000	320,919,000	349,378,000	345,451,000	293,005,000	330,260,000	344,751,000	403,471,000	423,608,000	418,509,000	424,923,000	355,714,000	331,836,000	317,798,000	285,320,000	307,361,000	257,752,000	270,384,000	257,247,000	180,490,000	233,399,000	252,185,000	272,859,000	247,332,000	348,222,000	318,962,000	338,933,000	313,511,000	262,529,000	249,224,000	266,555,000	265,659,000	251,815,000	234,196,000	230,432,000	273,284,000	270,189,000	269,354,000	256,345,000	272,250,000	255,782,000	263,697,000	232,350,000	259,863,000	234,224,000	221,072,000	206,497,000	237,790,000	211,067,000	209,849,000	204,693,000	210,993,000	215,087,000	150,538,000	121,078,000	148,057,000	146,872,000
accounts payable other	30,244,000	31,260,000	32,318,000	29,069,000	28,636,000	24,143,000	18,179,000	14,471,000	15,368,000	12,213,000	12,343,000	15,563,000	24,517,000	17,192,000	26,674,000	12,493,000	24,192,000	37,478,000	17,019,000	12,680,000	23,008,000	16,049,000	18,085,000	11,585,000	13,487,000	11,974,000	17,191,000	10,906,000	13,959,000	12,418,000	13,389,000	12,268,000	30,115,000	25,404,000	25,228,000	21,070,000	23,330,000	24,841,000	23,150,000	21,495,000	25,726,000	22,629,000	21,736,000	21,333,000	23,336,000	23,279,000	22,589,000	24,957,000	26,487,000	25,875,000	24,585,000	22,925,000	22,579,000	20,792,000	20,511,000	17,289,000	17,209,000	14,880,000	12,833,000	10,064,000	9,958,000	9,237,000
accrued payroll	34,511,000	26,820,000	27,609,000	32,833,000	34,442,000	29,429,000	31,964,000	21,731,000	26,088,000	23,292,000	28,673,000	66,669,000	68,261,000	54,903,000	47,521,000	56,938,000	56,390,000	35,492,000	33,395,000	23,044,000	25,533,000	29,835,000	23,663,000	45,540,000	46,915,000	41,402,000	27,801,000	55,535,000	46,443,000	36,487,000	22,622,000	28,994,000	25,245,000	20,913,000	12,886,000	36,223,000	23,989,000	22,883,000	14,355,000	33,020,000	21,037,000	19,644,000	16,991,000	16,192,000	17,477,000	15,816,000	13,971,000	17,000,000	17,085,000	14,822,000	11,751,000	17,210,000	15,551,000	12,465,000	11,204,000	16,721,000	18,535,000	14,499,000	8,714,000	14,378,000	13,420,000	9,003,000
accrued other	85,672,000	90,337,000	87,573,000	91,441,000	105,638,000	111,874,000	126,475,000	121,253,000	124,860,000	128,825,000	130,909,000	132,324,000	112,858,000	109,918,000	103,111,000	82,827,000	103,183,000	87,934,000	111,942,000	102,613,000	88,344,000	89,696,000	84,748,000	86,686,000	96,575,000	80,271,000	78,486,000	82,900,000	84,559,000	78,598,000	54,992,000	59,305,000	53,609,000	43,277,000	54,626,000	46,013,000	45,846,000	38,005,000	54,469,000	38,733,000	45,920,000	37,401,000	36,180,000	43,523,000	56,449,000	37,739,000	37,201,000	42,834,000	41,243,000	30,309,000	31,333,000	28,633,000	47,248,000	30,094,000	32,251,000	29,962,000	37,824,000	39,152,000	23,564,000	21,898,000	28,233,000	21,762,000
lease liability - operating leases	46,205,000	44,006,000	44,449,000	45,492,000	42,853,000	40,142,000	45,775,000	44,690,000	39,688,000	35,687,000	35,248,000	29,547,000	27,778,000	12,214,000	12,131,000	11,364,000	10,390,000	10,400,000	10,233,000	10,093,000	8,956,000	8,760,000	8,244,000	8,567,000	8,665,000	8,468,000	8,010,000
lease liability - financing leases	434,000	569,000	636,000	663,000	656,000	805,000	1,253,000	1,579,000	2,060,000	2,365,000	2,375,000	1,175,000	1,686,000	2,036,000	2,062,000	1,251,000	1,789,000	2,222,000	1,023,000	1,793,000	2,562,000	3,061,000	3,064,000	3,048,000	3,021,000	3,004,000	2,988,000
current portion of long-term debt	94,520,000	97,641,000	99,564,000	100,001,000	99,850,000	103,192,000	104,035,000	105,108,000	102,773,000	98,350,000		101,741,000	102,093,000	98,774,000		97,273,000	92,598,000	86,868,000		93,562,000				94,691,000		98,601,000		101,713,000				77,266,000				45,163,000											5,974,000
total current liabilities	535,001,000	525,928,000	555,416,000	579,481,000	617,913,000	635,154,000	648,600,000	658,210,000	656,288,000	593,737,000	637,707,000	691,770,000	740,664,000	718,645,000	707,579,000	687,069,000	644,256,000	592,230,000	580,941,000	529,105,000	542,728,000	496,101,000	502,808,000	507,364,000	444,925,000	477,119,000	486,888,000	526,758,000	491,059,000	565,259,000	492,767,000	519,543,000	498,286,000	402,438,000	389,422,000	417,721,000	401,265,000	375,622,000	361,318,000	358,697,000	394,480,000	375,810,000	368,720,000	359,516,000	383,750,000	341,784,000	345,865,000	321,325,000	348,831,000	309,352,000	291,086,000	277,385,000	325,460,000	276,689,000	276,064,000	270,902,000	286,780,000	283,618,000	195,649,000	167,418,000	199,668,000	186,874,000	171,444,000	145,532,000	163,983,000	154,670,000	148,884,000	147,547,000	201,227,000	196,882,000	167,731,000	167,731,000	184,212,000	184,303,000	164,864,000	157,379,000	174,426,000
deferred consideration	28,579,000	28,356,000	28,436,000	30,639,000
long-term debt	160,479,000	134,279,000	152,504,000	164,361,000	187,240,000	209,875,000	230,775,000	245,574,000	243,834,000	238,213,000		240,724,000	217,771,000	188,058,000		177,479,000	165,652,000	143,101,000		176,797,000				186,934,000		199,194,000		229,071,000				214,808,000				115,529,000											26,509,000
other non-current liabilities	51,786,000	51,551,000	50,083,000	51,004,000	54,939,000	53,213,000	52,932,000
deferred taxes	172,200,000	147,600,000	150,586,000	152,913,000	152,414,000	154,998,000	160,443,000	163,767,000	174,220,000	165,786,000	159,840,000	155,923,000	152,426,000	157,694,000	160,857,000	155,944,000	149,829,000	166,922,000	166,856,000	162,325,000	161,782,000	159,018,000	155,822,000	155,304,000	160,725,000	157,952,000	160,112,000	153,877,000	154,485,000	132,463,000	125,611,000	121,095,000	182,464,000	171,417,000	169,161,000	164,659,000	164,699,000	159,319,000	154,039,000	8,412,000	7,712,000	8,229,000	6,216,000	4,816,000	5,100,000	7,432,000	7,227,000	5,826,000	5,884,000	5,432,000	4,401,000	4,965,000	4,329,000	5,523,000	3,795,000	4,838,000	7,421,000	3,426,000	2,480,000	3,314,000	2,260,000	955,000	766,000	2,874,000	6,064,000	5,683,000	4,213,000	5,430,000	4,024,000	3,876,000	3,945,000	3,945,000	5,044,000	4,207,000	3,667,000	3,424,000	3,433,000	39,930,000	41,294,000		36,566,000
stockholders' equity:
preferred stock, .01 par value...
common stock
class a: .01 par value...	723,000	723,000	723,000	723,000	723,000	723,000	723,000	755,000	413,000	413,000	413,000	413,000	413,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	419,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000	412,000
class b: .01 par value...	6,000	6,000	6,000	6,000	6,000	6,000	6,000	6,000	6,000	6,000	6,000	6,000	6,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000		7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000
additional paid-in capital	222,446,000	216,107,000	208,650,000	222,039,000	216,585,000	211,346,000	208,964,000	225,288,000	220,247,000	214,356,000	206,111,000	208,165,000	202,657,000	195,603,000	189,168,000	189,256,000	191,765,000	186,210,000	182,005,000	186,058,000	183,140,000	178,914,000	175,370,000	179,637,000	175,749,000	170,619,000	163,340,000	172,220,000	175,442,000	168,614,000	165,076,000	173,011,000	170,355,000	168,443,000	164,560,000	173,565,000	171,371,000	169,229,000	166,803,000	174,285,000	169,979,000	168,785,000	166,941,000	171,235,000	168,941,000	166,113,000	163,481,000	167,357,000	165,243,000	163,104,000	161,161,000	167,765,000	166,148,000	164,459,000	162,723,000	168,800,000	167,846,000	166,742,000	165,817,000	169,722,000	169,181,000	168,343,000	166,970,000	171,470,000	170,725,000	170,654,000	169,572,000	174,355,000	173,158,000	172,357,000	171,401,000	171,401,000	176,657,000	176,317,000	176,830,000	175,779,000	179,203,000
retained earnings	2,080,174,000	2,059,244,000	2,041,622,000	2,022,265,000	2,005,539,000	1,989,600,000	1,968,361,000	1,949,110,000	1,920,325,000	1,889,867,000	1,843,362,000	1,781,582,000	1,702,308,000	1,614,983,000	1,512,137,000	1,424,634,000	1,340,320,000	1,296,982,000	1,270,390,000	1,253,160,000	1,230,772,000	1,205,991,000	1,192,837,000	1,179,601,000	1,151,646,000	1,125,541,000	1,096,324,000	1,072,456,000	1,023,545,000	908,934,000	886,883,000	870,716,000	770,773,000	755,439,000	745,897,000	735,563,000	717,319,000	699,395,000	678,723,000	660,758,000	638,384,000	618,552,000	600,085,000	589,809,000	573,453,000	568,962,000	550,286,000	538,251,000	521,715,000	503,115,000	484,505,000	469,141,000	450,297,000	431,802,000	414,850,000	401,188,000	384,174,000	367,898,000	353,508,000	343,010,000	330,501,000	317,884,000	308,254,000	299,552,000	289,601,000	279,770,000	271,465,000	265,287,000	251,077,000	234,147,000	219,177,000	219,177,000	206,042,000	188,045,000	171,437,000	157,662,000	146,243,000
accumulated other comprehensive gain	4,255,000	2,672,000
treasury stock	-605,188,000	-603,793,000	-600,886,000	-598,583,000	-596,351,000	-560,345,000	-555,701,000	-524,927,000	-496,298,000	-478,312,000	-375,206,000	-374,892,000	-372,303,000	-260,155,000	-259,108,000	-258,330,000	-261,720,000	-260,901,000	-260,654,000	-266,065,000	-263,602,000	-263,746,000	-264,139,000	-268,734,000	-267,589,000	-248,361,000	-237,386,000	-248,621,000	-255,825,000	-251,260,000	-251,083,000	-258,622,000	-258,435,000	-258,836,000	-257,180,000	-265,637,000	-265,550,000	-250,291,000	-207,063,000	-171,986,000	-169,646,000	-154,822,000	-154,960,000	-145,144,000	-127,055,000	-126,445,000	-125,857,000	-128,957,000	-115,994,000	-115,831,000	-115,720,000	-120,971,000	-110,018,000	-109,834,000	-110,032,000	-116,088,000	-116,214,000	-116,853,000	-117,152,000	-121,399,000	-120,730,000	-109,992,000	-99,476,000	-102,133,000	-102,852,000	-104,457,000	-104,443,000	-109,419,000	-109,035,000	-108,247,000	-108,874,000	-108,874,000	-116,761,000	-78,367,000	-57,406,000	-58,291,000	-51,563,000
total hub group, inc. equity	1,702,416,000	1,674,959,000	1,648,503,000	1,644,997,000
non-controlling interests	53,139,000	51,249,000	47,696,000	46,954,000
total stockholders' equity	1,755,555,000	1,726,208,000	1,696,199,000	1,691,951,000	1,626,270,000	1,641,130,000	1,622,216,000	1,634,645,000	1,629,068,000	1,610,736,000	1,659,048,000	1,599,602,000	1,517,385,000	1,535,189,000	1,426,971,000	1,340,314,000	1,255,125,000	1,207,076,000	1,176,501,000	1,157,923,000	1,135,011,000	1,105,837,000	1,088,709,000	1,075,279,000	1,044,556,000	1,032,582,000	1,007,064,000	980,834,000	927,955,000	811,059,000	785,672,000	769,872,000	667,482,000	649,826,000	638,029,000	628,179,000	607,860,000	603,063,000	623,247,000	647,840,000	623,501,000	617,379,000	596,953,000	600,784,000																	363,918,000	361,198,000	360,712,000	353,841,000	342,437,000	330,928,000	321,555,000	315,184,000	300,161,000	283,218,000	266,665,000	266,665,000	250,899,000	270,956,000	275,822,000	260,111,000	258,844,000		274,985,000
total liabilities and stockholders' equity	2,900,721,000	2,800,051,000	2,821,525,000	2,868,343,000	2,833,125,000	2,858,703,000	2,891,270,000	2,936,047,000	2,918,132,000	2,800,042,000	2,887,982,000	2,810,081,000	2,752,662,000	2,679,245,000	2,547,134,000	2,437,294,000	2,291,480,000	2,186,219,000	2,154,767,000	2,105,396,000	2,064,970,000	1,999,177,000	2,094,607,000	1,991,574,000	1,910,683,000	1,930,119,000	1,931,312,000	1,924,898,000	1,823,201,000	1,733,504,000	1,643,270,000	1,670,941,000	1,599,863,000	1,363,770,000	1,334,939,000	1,360,259,000	1,312,217,000	1,266,470,000	1,264,646,000	1,301,146,000	1,280,961,000	1,252,048,000	1,222,327,000	1,212,127,000																	644,984,000	624,221,000	607,494,000	573,348,000	581,901,000	558,202,000	540,261,000	531,676,000	565,096,000	540,982,000	493,084,000	493,084,000	491,967,000	510,907,000	495,412,000	469,774,000	484,548,000		470,523,000
accumulated other comprehensive loss			-1,612,000	-1,453,000	-232,000	-200,000	-137,000	-129,000	-167,000	-136,000	-180,000	-214,000	-238,000	-203,000	-187,000	-207,000	-201,000	-176,000	-201,000	-191,000	-260,000	-283,000	-320,000	-186,000	-211,000	-178,000	-175,000	-182,000	-168,000	-190,000	-165,000	-194,000	-172,000	-181,000	-209,000	-273,000	-241,000	-231,000	-177,000	-178,000	-177,000	-97,000	-74,000	-77,000	-38,000	-52,000	-98,000
other receivables								3,358,000	5,590,000	4,612,000	4,300,000	3,967,000	3,902,000	2,933,000	3,153,000	3,022,000	4,049,000	4,283,000	3,364,000	1,265,000	1,937,000	1,028,000	1,297,000	3,237,000	3,945,000	3,282,000	2,608,000	22,021,000
other assets								22,781,000	22,023,000	22,280,000	21,608,000	21,537,000	21,359,000	19,502,000	19,228,000	18,426,000	17,951,000	17,350,000	18,005,000	18,469,000	17,332,000	21,445,000	18,611,000	18,748,000	18,955,000	18,534,000	17,290,000	16,738,000	3,552,000	3,534,000	3,607,000	5,543,000	9,175,000	6,931,000	3,905,000	4,278,000	3,887,000	4,287,000	4,448,000	4,848,000	4,099,000	3,827,000	3,713,000	4,043,000	3,566,000	2,595,000	2,831,000	1,994,000	3,182,000	2,504,000	2,533,000	2,387,000	2,161,000	2,257,000	2,399,000	2,845,000	2,406,000	2,509,000	2,105,000	2,135,000	2,310,000	2,340,000	1,778,000	1,819,000	1,648,000	1,684,000	1,690,000	1,747,000	1,165,000	1,251,000	1,237,000	1,237,000	1,373,000	1,440,000	1,457,000	419,000	378,000	390,000	384,000		354,000
non-current liabilities								55,287,000	48,496,000	48,832,000	47,725,000	43,505,000	44,658,000	43,077,000	42,183,000	41,572,000	43,512,000	42,805,000	41,085,000	42,910,000	49,242,000	41,424,000	35,577,000	36,355,000	35,011,000	34,537,000	33,397,000	29,619,000	36,634,000	39,083,000	37,687,000	37,927,000	29,181,000	24,807,000	24,329,000	23,595,000	22,562,000	21,536,000	20,754,000	20,233,000	19,562,000	21,731,000	21,885,000	22,929,000	21,793,000	21,629,000	20,399,000	22,304,000	20,841,000	19,847,000	19,714,000	20,041,000	19,239,000	18,169,000	18,861,000	17,717,000	16,971,000	18,463,000	14,395,000	13,950,000	12,997,000	11,640,000	12,166,000	12,002,000	11,073,000	9,760,000	8,595,000	9,535,000	10,121,000	9,753,000	9,407,000	9,407,000	9,708,000	13,400,000	12,934,000	10,989,000
purchase price in excess of predecessor basis, net of tax benefit of 10,306								-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000	-15,458,000
preferred stock: .01 par value...
current portion of long term debt											97,899,000				97,571,000				89,531,000		86,964,000	90,948,000	94,620,000		95,772,000		100,227,000		95,946,000	86,740,000	80,004,000		73,052,000	47,582,000	44,750,000		39,769,000	35,430,000	32,524,000	32,409,000	25,929,000	23,387,000	21,921,000	19,619,000	11,559,000			1,771,000	1,763,000
long term debt											236,160,000				174,669,000				154,341,000		149,004,000	167,857,000	284,076,000		192,422,000		215,233,000		207,596,000	179,444,000	194,553,000		214,032,000	106,141,000	104,160,000		104,561,000	94,968,000	92,648,000	100,895,000	80,690,000	76,302,000	76,085,000	72,460,000	41,757,000	24,360,000		6,475,000	6,921,000	7,365,000
allowance for uncollectible trade accounts																					-8,574,000	-8,500,000
allowance for credit losses																							-7,795,000
current assets held for sale
non-current assets held for sale
current portion of capital lease																												2,845,000	2,820,000	2,794,000	2,798,000	2,777,000	2,754,000	2,733,000	2,708,000	2,697,000	2,672,000	2,648,000	2,624,000	2,608,000	2,584,000	2,560,000	2,538,000	2,504,000	2,679,000	2,456,000	2,433,000	2,413,000	2,390,000	2,367,000	2,345,000	2,120,000	2,292,000	2,271,000	2,249,000	2,237,000	2,219,000
current liabilities held for sale
long-term portion of capital lease																												4,739,000				7,696,000				10,576,000
non-current liabilities held for sale
long term portion of capital lease																													5,472,000	6,196,000	6,980,000		8,418,000	9,141,000	9,838,000		11,270,000	11,962,000	12,640,000	13,299,000	13,974,000	14,638,000	15,298,000	15,937,000	16,579,000				19,096,000	19,709,000
liabilities and stockholders’ equity
stockholders’ equity:
total stockholders’ equity																																													600,262,000	593,539,000	572,773,000	561,527,000	555,819,000	535,317,000	514,934,000	500,897,000	491,390,000	471,390,000	452,507,000	438,865,000	420,768,000	402,754,000	387,140,000	376,300,000
total liabilities and stockholders’ equity																																													1,189,143,000	1,123,414,000	1,104,558,000	1,047,943,000	1,063,806,000	999,100,000	948,707,000	919,853,000	956,542,000	885,284,000	864,312,000	842,684,000	831,285,000	779,335,000	669,302,000	629,407,000
current portion long-term debt																																														6,712,000				1,755,000
non-current portion of capital lease																																														17,215,000	17,841,000	18,477,000			20,314,000	21,099,000	21,684,000	22,279,000	22,862,000	23,436,000	24,038,000
accumulated other comprehensive income																																																-85,000	-106,000	-32,000	27,000	1,000		2,000	5,000					6,000	5,000				2,000
other comprehensive income																																																					2,000			4,000	1,000	6,000	6,000			2,000	3,000	-9,000
see notes to unaudited consolidated financial statements.
accounts receivable
trade																																																															173,878,000	145,317,000	158,629,000	143,368,000	132,751,000	145,362,000	202,901,000	191,878,000	164,170,000	164,170,000	160,944,000	181,601,000	154,254,000	150,772,000	158,284,000			8,965,000
other																																																															9,155,000	11,932,000	9,606,000	10,603,000	7,435,000	10,318,000	12,594,000	10,720,000	7,325,000	7,325,000	9,828,000	11,296,000	10,732,000	8,078,000	8,369,000			1,183,000
accounts payable
accrued expenses
payroll																																																															7,849,000	8,253,000	9,691,000	6,890,000	7,131,000	9,988,000	13,537,000	12,137,000	8,372,000	8,372,000	16,446,000	12,484,000	11,855,000	8,545,000	15,901,000			944,000
see notes to unaudited condensed consolidated financial statements.
related party payable																																																																									5,000,000				5,000,000
assets of discontinued operations
liabilities of discontinued operations
deferred compensation																																																																													7,691,000
unearned compensation
other intangibles,net																																																																															7,725,000
other intangible assets																																																																																7,894,000
total assets acquired																																																																																43,982,000
total liabilities assumed																																																																																3,491,000
net assets acquired																																																																																40,491,000
direct acquisition costs																																																																																553,000
purchase price																																																																																39,938,000
relationship with owner operators																																																																																647,000
backlog/open orders																																																																																20,000
trade name																																																																																2,904,000
customer relationships																																																																																3,823,000
information technology																																																																																500,000
total																																																																																7,894,000

Cashflow Statements:

Quarterly

Annual

Unit: USD	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-04-22	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2005-12-31

cash flows from operating activities:
net income	28,927,000	25,032,000	27,194,000	24,372,000	23,603,000	29,015,000	27,053,000	28,785,000	30,458,000	46,505,000	61,780,000	79,274,000	87,325,000	102,846,000	87,503,000	84,314,000	43,338,000	26,592,000	17,230,000	22,388,000	24,781,000	13,154,000	13,236,000	27,955,000	26,105,000	29,217,000	23,894,000	48,911,000	114,611,000	22,051,000	16,167,000	99,943,000	15,334,000	9,542,000	10,334,000	18,244,000	17,924,000	20,672,000	17,965,000	22,374,000	19,832,000	18,467,000	10,276,000	16,356,000	4,491,000	18,676,000	12,035,000	16,536,000	18,600,000	18,610,000	15,364,000	18,844,000	18,495,000	16,952,000	13,662,000	17,014,000	16,276,000	14,390,000	10,498,000	12,509,000	12,617,000	9,630,000	8,702,000	9,951,000	9,831,000	8,305,000	6,178,000		16,930,000	14,970,000	13,135,000	13,135,000
adjustments to reconcile net income to net cash from operating activities:
depreciation and amortization of intangibles and right-of-use assets	46,388,000	47,402,000	47,046,000	47,088,000	46,374,000	49,495,000	49,605,000
deferred taxes	10,532,000	-2,137,000	-2,054,000	-2,162,000	-2,403,000	-6,224,000	-3,025,000	-9,245,000	7,995,000	5,936,000	4,901,000	5,875,000	-4,706,000	-2,007,000	5,286,000	8,561,000	-16,981,000	103,000	4,325,000	27,000	2,447,000	4,293,000	696,000	-5,324,000	2,873,000	-2,063,000	6,335,000	5,510,000	22,222,000	7,053,000	4,714,000	-61,334,000	12,270,000	2,434,000	5,279,000	532,000	5,492,000	5,394,000	2,383,000	10,621,000	3,268,000	896,000	1,593,000	16,213,000	2,731,000	3,566,000	1,991,000	5,493,000	4,397,000	3,879,000	2,669,000	1,093,000	3,261,000	1,080,000	3,352,000	11,632,000	4,456,000	1,467,000	1,266,000	2,220,000	2,681,000	1,243,000	3,401,000	1,054,000	1,238,000	139,000	3,088,000	1,835,000	2,310,000	1,917,000	3,232,000	3,232,000	345,000	144,000	1,382,000	1,652,000
non-cash share-based compensation expense	5,046,000	4,692,000	4,653,000	4,462,000	5,262,000	5,393,000	4,040,000
gain on sale of assets			-65,000	64,000	-427,000	-412,000	-498,000	-1,236,000	-765,000	-859,000	-3,975,000		-8,588,000	-7,764,000	-4,745,000										213,000	-691,000	-835,000				-115,000				-48,000	-191,000	-127,000	-172,000	-83,000	-13,000	-56,000				-10,000	-4,000	-6,000																										-4,000
changes in operating assets and liabilities, net of acquisitions:
restricted investments	302,000	-1,513,000	2,153,000	-300,000	-298,000	-651,000	370,000	-954,000	453,000	-1,075,000	-1,122,000	-1,177,000	2,168,000	2,441,000	2,759,000	-1,156,000	205,000	-1,570,000	1,618,000	-1,837,000	-555,000	-2,769,000	4,409,000	-1,173,000	544,000	-895,000	-1,841,000	3,281,000	-2,528,000	-842,000	916,000	-115,000	-781,000	-972,000	-1,436,000	-314,000	-572,000	-568,000	1,685,000	-553,000	1,684,000	-393,000	98,000	-315,000	331,000	-1,089,000	-117,000	-1,612,000	-1,383,000	-360,000	-181,000	-689,000	-1,093,000	396,000	-1,509,000	-1,086,000	1,405,000	-336,000	-707,000	-900,000	-1,227,000	477,000	-188,000	-632,000	-1,263,000	-1,115,000	-455,000	971,000	657,000	-294,000	-2,246,000	-2,246,000	-90,000	-313,000	-525,000	-1,261,000
accounts receivable	-51,357,000	27,684,000	13,567,000	10,681,000	7,183,000	6,132,000	9,652,000	61,424,000	-19,606,000	84,319,000	18,951,000	64,292,000	37,773,000	-28,479,000	-65,288,000	-15,466,000	-80,014,000	-28,477,000	8,389,000	58,699,000	-103,526,000	7,088,000	-9,480,000	-8,268,000	-14,089,000	22,183,000	32,906,000	12,663,000	-14,390,000	-41,391,000	11,643,000	-47,327,000	-63,688,000	-28,360,000	54,600,000	-25,305,000	-49,498,000	-34,158,000	21,332,000	29,833,000	17,947,000	-14,281,000	2,874,000	20,481,000	-8,448,000	-9,183,000	-31,471,000	32,019,000	-11,881,000	-33,665,000	-11,893,000	34,988,000	-27,534,000	-15,840,000	-14,043,000	12,228,000	5,468,000	-39,332,000	-23,411,000	19,861,000	-13,938,000	-26,721,000	-25,784,000	10,986,000	-14,264,000	-13,785,000	15,494,000	59,815,000	-12,897,000	-31,103,000	-723,000	-723,000	22,125,000	-27,911,000	-6,136,000	7,803,000
prepaid taxes	-1,781,000	-1,751,000	5,942,000	-2,938,000	1,768,000	-2,716,000	7,253,000	1,764,000	-3,837,000	-5,876,000	7,605,000	-13,388,000	758,000	-2,701,000	535,000	-2,104,000	1,643,000	-745,000	350,000	447,000	-1,071,000	-33,000	-50,000	4,608,000	-4,200,000	-869,000	447,000	-446,000	5,098,000	6,867,000	-47,000	45,000	-8,487,000	-3,181,000	-171,000	1,675,000	1,368,000	-3,003,000	26,000	996,000	295,000	8,727,000	4,557,000	-8,739,000	-5,629,000	-251,000	86,000	196,000	-456,000	-18,000	-30,000	0	864,000	-854,000	2,243,000	-2,264,000	-2,000	-4,000	173,000	-166,000			461,000	-461,000									0	0	-71,000	2,104,000
prepaid expenses and other current assets	-5,658,000	6,678,000	10,232,000	-5,905,000	-8,487,000	7,229,000	12,468,000	-12,135,000	-11,308,000	3,852,000	13,617,000	-9,929,000	-2,846,000	6,261,000	3,403,000	5,412,000	-18,290,000	3,406,000	8,825,000	-12,887,000	29,000	1,296,000	9,054,000	2,148,000	-14,633,000	3,372,000	12,560,000	-2,188,000	-9,497,000	3,241,000	6,694,000	-4,484,000	-7,552,000	1,698,000	2,795,000	-145,000	-1,441,000	1,276,000	1,409,000	-1,959,000	-4,472,000	6,276,000	-3,246,000	5,483,000	-5,041,000	-1,466,000	-597,000	-2,293,000	573,000	-2,644,000	2,227,000	351,000	1,416,000	-5,534,000	2,205,000	547,000	1,701,000	-5,714,000	1,738,000	-284,000	343,000	-2,485,000	2,659,000	-646,000	451,000	-2,844,000	584,000	1,388,000	191,000	-2,185,000	578,000	578,000	926,000	-449,000	1,999,000	-2,344,000
other non-current assets	-599,000	-1,119,000	-3,326,000	-216,000	-580,000	-623,000	-880,000
accounts payable	6,672,000	-30,173,000	-13,532,000	-44,377,000	-15,250,000	10,485,000	-24,755,000	699,000	55,601,000	-37,380,000	-17,705,000	-67,934,000	-24,549,000	-4,391,000	7,771,000	-3,460,000	10,594,000	34,494,000	36,820,000	-55,955,000	56,560,000	-14,668,000	19,657,000	74,867,000	-51,409,000	-24,002,000	-14,389,000	-2,549,000	-1,808,000	29,343,000	-19,465,000	7,578,000	51,152,000	13,482,000	-13,175,000	-1,371,000	12,340,000	19,319,000	5,421,000	-47,044,000	6,176,000	1,718,000	13,414,000	-17,911,000	16,525,000	-7,530,000	29,286,000	-28,006,000	24,956,000	14,455,000	16,230,000	-30,948,000	28,509,000	1,500,000	8,377,000	-6,221,000	-1,763,000	-1,150,000	32,229,000	-26,870,000	3,380,000	9,855,000	26,457,000	-13,392,000	9,495,000	4,747,000	6,300,000	-48,452,000	3,312,000	24,109,000	2,499,000	2,499,000	-7,339,000	17,109,000	1,701,000	-7,248,000
accrued expenses	3,365,000	-3,106,000	-10,446,000	-16,538,000	-3,564,000	-18,004,000	11,462,000	-17,383,000	1,457,000	-7,635,000	-40,065,000	16,448,000	17,914,000	16,121,000	7,130,000	-23,738,000	35,076,000	-20,347,000	18,695,000	13,426,000	-8,394,000	19,111,000	-28,551,000	-2,530,000	17,028,000	15,503,000	-30,123,000	12,524,000	26,095,000	15,770,000	-10,913,000	10,248,000	4,834,000	7,977,000	-25,990,000	16,206,000	7,063,000	-514,000	-13,517,000	12,168,000	-606,000	3,210,000	5,733,000	-2,214,000	1,699,000	-246,000	1,128,000	406,000	5,010,000	-879,000	-2,801,000	-6,138,000	9,658,000	-763,000	22,000	-9,892,000	4,436,000	9,005,000	-560,000	-1,220,000	3,558,000	3,484,000	-545,000	-5,059,000	-182,000	1,039,000	-4,401,000	-5,790,000	1,688,000	5,042,000	-13,980,000	-13,980,000	1,126,000	2,330,000	5,784,000	-4,799,000
non-current liabilities	-13,195,000	-10,318,000	-11,329,000	-13,627,000	-9,831,000	-9,170,000	-12,229,000	-4,012,000	-9,253,000	-7,588,000	-5,007,000	-10,119,000	-4,237,000	-3,048,000	-2,540,000	-6,814,000	-1,860,000	-768,000	-3,994,000	-8,124,000	6,188,000	2,896,000	-2,875,000	-645,000	-1,412,000	-795,000	1,982,000	-8,234,000	1,976,000	2,768,000	-386,000	8,766,000	1,051,000	356,000	12,000	517,000	970,000	730,000	481,000	863,000	-2,279,000	-174,000	-1,052,000	818,000	3,000	1,302,000	-1,839,000	1,724,000	1,046,000	316,000	-198,000	732,000	1,010,000	-810,000	1,010,000	645,000	-1,744,000	993,000	407,000	1,063,000	1,288,000	-566,000	125,000	684,000	1,313,000	1,228,000	-940,000							238,000	817,000	-637,000
net cash from operating activities	28,097,000	61,501,000	70,035,000	604,000	43,350,000	69,949,000	80,516,000	99,481,000	101,296,000	132,006,000	89,375,000	107,692,000	149,736,000	120,525,000	80,210,000	74,777,000	4,139,000	46,546,000	127,373,000	52,266,000	11,171,000	70,864,000	40,653,000	125,805,000	-6,559,000	71,830,000	63,433,000	70,058,000	43,157,000	64,450,000	33,174,000	38,075,000	24,007,000	15,434,000	47,704,000	23,456,000	6,575,000	22,150,000	50,292,000	38,866,000	52,379,000	35,123,000	45,329,000	39,906,000	26,994,000	13,060,000	18,581,000	35,516,000	47,524,000	6,375,000	28,002,000	25,129,000	41,651,000	3,302,000	22,835,000	28,672,000	36,220,000	-15,531,000	25,505,000	10,391,000	12,253,000	-3,265,000	18,275,000	5,478,000	9,669,000	941,000	29,140,000	25,664,000	15,270,000	15,337,000	5,236,000	5,236,000	39,176,000	10,473,000	21,517,000	9,414,000
capital expenditures	-8,710,000	-11,290,000	-19,190,000	-7,627,000	-11,965,000	-13,731,000	-17,524,000	-34,401,000	-40,032,000	-38,790,000	-26,845,000	-61,476,000	-71,722,000	-55,015,000	-30,927,000	-48,876,000	-57,739,000	-16,815,000	-9,522,000	-59,954,000	-6,081,000	-23,804,000	-25,467,000	-39,231,000	-26,904,000	-11,655,000	-17,057,000	-60,944,000	-69,586,000	-47,082,000	-22,179,000	-34,605,000	-10,343,000	-22,968,000	-6,625,000	-47,526,000	-34,666,000	-20,324,000	-4,893,000	-42,091,000	-17,235,000	-8,659,000	-15,057,000	-43,290,000	-29,438,000	-13,408,000	-33,035,000	-44,838,000	-26,877,000	-29,746,000	-9,456,000	-22,211,000	-13,628,000	-4,030,000	-17,013,000	-19,628,000	-20,101,000	-10,401,000	-4,880,000	-12,254,000	-11,311,000	-1,404,000	-647,000	-1,712,000	-583,000	-522,000	-1,429,000	-3,513,000	-5,361,000	-1,009,000	-849,000	-849,000	-1,994,000	-750,000	-5,375,000	-2,078,000
free cash flows	19,387,000	50,211,000	50,845,000	-7,023,000	31,385,000	56,218,000	62,992,000	65,080,000	61,264,000	93,216,000	62,530,000	46,216,000	78,014,000	65,510,000	49,283,000	25,901,000	-53,600,000	29,731,000	117,851,000	-7,688,000	5,090,000	47,060,000	15,186,000	86,574,000	-33,463,000	60,175,000	46,376,000	9,114,000	-26,429,000	17,368,000	10,995,000	3,470,000	13,664,000	-7,534,000	41,079,000	-24,070,000	-28,091,000	1,826,000	45,399,000	-3,225,000	35,144,000	26,464,000	30,272,000	-3,384,000	-2,444,000	-348,000	-14,454,000	-9,322,000	20,647,000	-23,371,000	18,546,000	2,918,000	28,023,000	-728,000	5,822,000	9,044,000	16,119,000	-25,932,000	20,625,000	-1,863,000	942,000	-4,669,000	17,628,000	3,766,000	9,086,000	419,000	27,711,000	22,151,000	9,909,000	14,328,000	4,387,000	4,387,000	37,182,000	9,723,000	16,142,000	7,336,000
cash flows from investing activities:
proceeds from sale of equipment	2,780,000	431,000	3,625,000	2,366,000	4,042,000	2,308,000	3,442,000	7,509,000	5,073,000	4,963,000	10,172,000	8,935,000	15,410,000	12,140,000	6,444,000	14,619,000	10,646,000	4,979,000	14,933,000	1,991,000	777,000	24,000	497,000	953,000	1,408,000	3,865,000	3,799,000	6,940,000	2,801,000	718,000	516,000	2,275,000	696,000	1,229,000	1,127,000	488,000	425,000	556,000	592,000	1,387,000	786,000	110,000	26,000	192,000	101,000	234,000	85,000	49,000	430,000	624,000	734,000	252,000	176,000	591,000	52,000	94,000	102,000	146,000	68,000	117,000	151,000	713,000	7,000	12,000	19,000	5,000	48,000	485,000	493,000	335,000	29,000	29,000	10,000	165,000	535,000	15,000	166,000
purchases of property and equipment	-8,710,000	-11,290,000	-19,190,000	-7,627,000	-11,965,000	-13,731,000	-17,524,000	-34,401,000	-40,032,000	-38,790,000	-26,845,000	-61,476,000	-71,722,000	-55,015,000	-30,927,000	-48,876,000	-57,739,000	-16,815,000	-9,522,000	-59,954,000	-6,081,000	-23,804,000	-25,467,000	-39,231,000	-26,904,000	-11,655,000	-17,057,000	-60,944,000	-69,586,000	-47,082,000	-22,179,000	-34,605,000	-10,343,000	-22,968,000	-6,625,000	-47,526,000	-34,666,000	-20,324,000	-4,893,000	-42,091,000	-17,235,000	-8,659,000	-15,057,000	-43,290,000	-29,438,000	-13,408,000	-33,035,000	-44,838,000	-26,877,000	-29,746,000	-9,456,000	-22,211,000	-13,628,000	-4,030,000	-17,013,000	-19,628,000	-20,101,000	-10,401,000	-4,880,000	-12,254,000	-11,311,000	-1,404,000	-647,000	-1,712,000	-583,000	-522,000	-1,429,000	-3,513,000	-5,361,000	-1,009,000	-849,000	-849,000	-1,994,000	-750,000	-5,375,000	-2,078,000	-3,125,000
acquisition of container assets
acquisitions, net of cash acquired				-18,338,000	0																			0
net cash from investing activities	-60,616,000	-10,859,000	-15,565,000	-23,599,000	-7,923,000	-7,722,000	-14,082,000	-287,810,000	-34,959,000	-33,827,000	-16,565,000	-52,541,000	-158,973,000	-42,875,000	-24,483,000	-156,527,000	-47,093,000	-11,926,000	5,411,000	-142,808,000	-5,304,000	-23,780,000	-24,970,000	-38,278,000	-25,496,000	-8,524,000	6,181,000	-302,660,000	161,201,000	-46,364,000	-21,663,000	-32,330,000	-175,580,000	-21,739,000	-5,498,000	-47,038,000	-34,241,000	-19,768,000	-4,301,000	-40,704,000	-16,449,000	-8,549,000	-15,031,000	-43,098,000	-29,337,000	-13,174,000	-32,950,000	-44,789,000	-26,447,000	-29,122,000	-8,722,000	-22,084,000	-13,577,000	-3,589,000	-17,111,000	-21,659,000	-12,147,000	-101,109,000	-4,867,000	-12,307,000	-11,160,000	-691,000	-640,000	-1,700,000	-564,000	-517,000	-1,381,000	-3,028,000	-4,868,000	-674,000	-5,820,000	-5,820,000	-1,984,000	-585,000	-4,840,000	-7,063,000
cash flows from financing activities:
repayments of long-term debt	-25,224,000	-25,350,000	-26,379,000	-25,651,000	-28,123,000	-25,811,000	-27,422,000	-24,806,000	-24,774,000	-26,954,000	-29,237,000	-29,577,000	-27,791,000	-28,090,000	-26,024,000	-24,804,000	-24,950,000	-24,473,000	-33,381,000				-24,373,000																								-1,124,000
purchase of treasury stock	0	0	-13,814,000	0	-35,335,000	-7,182,000	-25,756,000	-26,418,000	-17,326,000			0												0	-17,716,000											0	-15,000,000	-42,632,000	-42,368,000	0	-15,404,000	0	-13,419,000					-12,888,000	0	0	-903,000				-1,665,000	-10,000	-36,000	-30,000	-1,447,000	-1,248,000	-11,457,000	-9,446,000	-2,919,000	-5,000	-14,000	-40,000	-1,042,000	-415,000	-1,419,000	-124,000	-672,000	-672,000	-39,167,000	-24,244,000	-158,000	-12,740,000	-4,431,000
dividends paid	-7,500,000	-7,500,000	-7,500,000	-7,513,000	-7,503,000	-7,604,000	-7,626,000
stock withheld for payments of withholding taxes	-102,000	-142,000	-6,531,000	-1,718,000	-400,000	-178,000	-8,486,000		-185,000	-212,000	-7,606,000		-63,000	-130,000	-5,585,000		-65,000	-214,000	-3,759,000		-97,000	-175,000	-3,769,000
finance lease payments	-166,000	-165,000	-163,000	-161,000	-315,000	-611,000	-606,000	-611,000	-596,000	-613,000	-888,000	-511,000	-523,000	-533,000	-526,000	-540,000	-618,000	-752,000	-772,000	-788,000	-785,000	-746,000	-747,000	-748,000	-741,000	-725,000	-740,000
proceeds from issuance of debt	48,282,000	5,031,000	14,072,000	0	2,146,000	4,068,000	11,550,000	28,881,000	34,818,000	29,458,000	20,831,000	52,178,000	60,823,000	42,682,000	23,512,000	41,306,000	53,231,000	10,570,000	6,894,000	58,713,000	1,300,000	6,018,000	121,444,000	19,937,000	18,222,000	7,879,000	10,456,000	53,337,000	60,648,000	41,378,000	16,783,000	24,938,000	57,457,000			26,055,000	22,826,000			33,066,000	12,828,000	7,068,000	11,480,000	41,816,000	23,907,000	0	25,361,000	0	0
net cash from financing activities	15,290,000	-28,126,000	-40,315,000	-36,132,000	-69,530,000	-37,318,000	-58,346,000	-25,099,000	-8,063,000	-98,347,000	-16,900,000	19,556,000	-77,321,000	13,929,000	-8,623,000	10,877,000	27,598,000	-14,869,000	-31,018,000	29,681,000	-23,719,000	-120,812,000	92,555,000	-8,426,000	-28,187,000	-25,840,000	-18,642,000	26,526,000	36,415,000	-9,282,000	-22,108,000	4,289,000	18,438,000	4,005,000	-15,666,000	15,848,000	-1,270,000	-38,456,000	-53,485,000	26,049,000	-9,062,000	969,000	-10,809,000	20,129,000	22,004,000	-2,018,000	20,702,000	-13,910,000	-928,000	8,499,000	-3,792,000	-11,874,000	-668,000	-219,000	-2,121,000	-581,000	316,000	16,000	-883,000	-984,000	-11,409,000	-9,423,000	-2,774,000	288,000	610,000	-6,000	-885,000	-215,000	-1,062,000	497,000	1,460,000	1,460,000			973,000	-11,112,000
effect of exchange rate changes on cash and cash equivalents and restricted cash	133,000	-25,000	7,000
net increase in cash and cash equivalents and restricted cash	-17,096,000	22,491,000	14,162,000
cash and cash equivalents and restricted cash beginning of the period
cash and cash equivalents and restricted cash end of the period
supplemental disclosures of cash paid for:
interest				3,297,000				2,963,000	2,859,000	3,368,000	3,320,000	2,151,000	2,130,000	1,840,000	1,870,000	1,981,000	1,738,000	1,878,000	2,005,000	2,127,000	2,008,000	2,760,000	2,563,000	2,826,000	2,858,000	2,829,000	2,749,000	2,937,000	2,558,000	1,867,000	2,315,000	2,129,000	1,857,000	1,023,000	1,153,000	1,029,000	874,000	517,000	1,245,000	750,000	694,000	744,000	789,000	496,000	298,000	358,000	380,000	314,000	306,000	270,000	311,000	283,000	291,000	293,000	333,000	303,000	155,000	69,000	14,000	16,000	12,000	12,000	14,000	15,000	26,000	25,000	25,000	19,000	31,000	26,000	26,000	26,000	28,000	33,000	24,000	21,000
income taxes paid	167,000	16,947,000	-107,000	9,794,000	7,722,000	22,126,000	-1,442,000
loss on sale of assets																-10,195,000	-4,945,000	-2,109,000	-1,924,000	813,000	-2,000	-25,000	121,000					451,000	-1,368,000			81,000	53,000															178,000			-214,000	66,000			1,000	-1,000	-8,000	5,000	-13,000	39,000	27,000	-44,000	63,000								29,000	29,000				2,000
changes in operating assets and liabilities, net of acquisition:
cash and cash equivalents and restricted cash at beginning of the period		0	126,948,000
cash and cash equivalents and restricted cash at end of the period		22,491,000	141,110,000
interest paid		3,121,000	3,163,000			3,430,000	3,983,000
supplemental disclosures of cash flow:
impairment of right-of-use asset								0	0			513,000
distribution to non-controlling interest holders
purchase of treasury stock from related party												0
effect of exchange rate changes on cash, cash equivalents and restricted cash
net increase in cash, cash equivalents and restricted cash
cash, cash equivalents and restricted cash at beginning of the year
cash, cash equivalents and restricted cash at end of the year
effect of exchange rate changes on cash and cash equivalents					-5,000	-24,000	4,000	12,000	-17,000	27,000	18,000	14,000	3,000	1,000	8,000	1,000	-9,000	6,000	-8,000	31,000	15,000	21,000	-87,000	0	7,000	-5,000	-5,000	4,000	-19,000	19,000	-30,000	-35,000	-46,000	39,000	56,000	-57,000	-19,000	-32,000	1,000	-9,000	-101,000	-24,000	3,000	5,000	2,000			-3,000			3,000	4,000	-6,000	-4,000	1,000	7,000	-16,000	0	4,000	1,000	3,000	-1,000	12,000	-11,000
net increase in cash and cash equivalents					-34,108,000	24,885,000	8,092,000	-213,416,000	58,257,000	-141,000	55,928,000	74,721,000	-86,555,000	91,580,000	47,112,000	-70,872,000	-15,365,000	19,757,000	101,758,000	-60,830,000	-17,837,000	-73,707,000	108,151,000	79,101,000	-60,235,000	37,461,000	50,967,000	-206,072,000	240,754,000	8,823,000	-10,627,000			-2,261,000	26,596,000	-7,791,000	-28,955,000	-36,106,000	-7,493,000	24,202,000	26,767,000	27,519,000	19,492,000	16,942,000	19,663,000	-2,133,000	6,333,000	-23,186,000	20,150,000	-14,251,000	15,491,000	-8,825,000	27,400,000	-510,000	3,604,000			-116,624,000	19,759,000	-2,899,000	-10,313,000	-13,380,000	14,873,000	4,055,000	9,717,000	418,000	26,874,000	22,421,000	9,340,000	15,160,000	876,000	876,000					10,555,000
cash and cash equivalents beginning of the period					0	0	187,270,000		0	0	286,642,000		0	0	159,784,000		0	0	124,506,000		0	0	168,729,000		0	0	61,435,000		0	0	28,557,000		0	0	127,404,000		0	0	207,749,000
cash and cash equivalents end of the period					-34,108,000	24,885,000	195,362,000		58,257,000	-141,000	342,570,000		-86,555,000	91,580,000	206,896,000		-15,365,000	19,757,000	226,264,000		-17,837,000	-73,707,000	276,880,000		-60,235,000	37,461,000	112,402,000		240,754,000	8,823,000	17,930,000		-133,181,000	-2,261,000	154,000,000		-28,955,000	-36,106,000	200,256,000
compensation expense related to share-based compensation plans								5,317,000	5,416,000	5,377,000	5,238,000	5,453,000	4,736,000	5,518,000	4,719,000	5,966,000	4,801,000	4,172,000	5,117,000	4,377,000	4,467,000	4,112,000	4,097,000	3,852,000	3,747,000	3,754,000	4,933,000	3,990,000	2,508,000	3,481,000	3,501,000	2,471,000	2,430,000	2,363,000	2,609,000	2,161,000	2,073,000	2,064,000	2,181,000	1,990,000	1,733,000	2,076,000	2,034,000	2,020,000	2,047,000	2,048,000	2,143,000	2,029,000	1,881,000	1,875,000	1,882,000	1,713,000	1,597,000	1,592,000	1,637,000	1,113,000	1,242,000	1,208,000	1,225,000	856,000	898,000	891,000	931,000	1,176,000	1,066,000	1,074,000	1,078,000	1,028,000	1,075,000	1,086,000	1,171,000	1,171,000	960,000	970,000	963,000	960,000
other assets								-1,217,000	-616,000	-1,246,000	-653,000	-850,000	-864,000	-1,001,000	-1,516,000	-1,213,000	-1,354,000	-127,000	-189,000	-1,748,000	208,000	-160,000	-477,000	-421,000	-1,016,000	-1,530,000	-819,000	-9,601,000	-297,000	3,000	1,866,000	3,561,000	-852,000	-3,026,000	373,000	-391,000	400,000	161,000	400,000	-749,000	-272,000	-114,000	330,000	-475,000	-971,000	236,000	-837,000	121,000	-683,000	26,000	-146,000	-226,000	96,000	144,000	445,000	-439,000	101,000	274,000	31,000	789,000	29,000	-561,000	41,000	-171,000	36,000	6,000	57,000	-582,000	86,000	-14,000	136,000	136,000	67,000	17,000	45,000	-41,000
stock tendered for payments of withholding taxes																								-1,109,000	-129,000	-168,000	-2,578,000	-8,000	-245,000	-121,000	-3,896,000	-2,000	-117,000	-136,000	-3,157,000	-5,000	-105,000	-171,000	-2,208,000	-14,000	-25,000	-123,000	-2,754,000	-11,000	-33,000	-128,000	-3,023,000	-13,000	-36,000	-116,000	-2,469,000		-30,000
cash and cash equivalents beginning of the year																																										0	109,769,000
cash and cash equivalents end of the year																																										27,519,000	129,261,000
income taxes								11,622,000	8,850,000	13,120,000	1,290,000	32,647,000	38,083,000	57,462,000	620,000	36,726,000	10,492,000	11,058,000	317,000	5,982,000	11,584,000	467,000	355,000	7,372,000	11,417,000	21,309,000	191,000	10,847,000	2,007,000	558,000	194,000	269,000	2,137,000	10,480,000	263,000	6,407,000	4,427,000	16,813,000	5,586,000	521,000	5,851,000	424,000	194,000	120,000	9,300,000	9,992,000	777,000	5,356,000	7,632,000	13,302,000	3,438,000	8,352,000	7,730,000	12,084,000	472,000	6,845,000	4,255,000	6,194,000	1,335,000	6,094,000	5,633,000	4,182,000	122,000	5,587,000	7,263,000	2,592,000	1,821,000	7,267,000	8,767,000	7,147,000	4,018,000	4,018,000	7,674,000	7,091,000	7,195,000	232,000
depreciation and amortization									45,301,000	45,664,000	45,810,000	42,313,000	39,491,000	36,729,000	35,193,000	34,670,000	31,926,000	31,922,000	32,111,000	31,881,000	30,039,000	31,183,000	30,576,000	30,168,000	29,690,000	28,646,000	28,383,000	24,726,000	20,933,000	19,652,000	18,599,000	18,642,000	18,243,000	12,766,000	12,522,000	12,047,000	11,239,000	10,787,000	10,639,000	10,380,000	9,136,000	8,795,000	8,731,000	8,215,000	7,385,000	7,001,000	6,779,000	5,823,000	5,525,000	4,858,000	5,096,000	5,275,000	5,296,000	5,488,000	5,516,000	5,396,000	4,652,000	3,663,000	2,629,000	2,494,000	2,133,000	1,993,000	1,952,000	1,917,000	1,962,000	2,136,000	2,184,000	2,043,000	1,931,000	1,689,000	1,706,000	1,706,000	1,720,000	1,769,000	1,902,000	1,804,000
changes in operating assets and liabilities:
cash from acquisitions																																																							-150,000				-55,000
cash from acquisition																	0
acquisitions											108,000
other operating activities
proceeds from the disposition of discontinued operations																								0	0	0	19,439,000	0
other operating activity
contingent consideration adjustment																												0	-1,132,000
gain on disposition																												-18,847,000
transaction costs for disposition																												-133,000
donated equipment																					0	5,386,000	240,000
repayments of long term debt																					-24,137,000				-27,823,000	-25,544,000	-25,780,000		-23,290,000	-49,751,000	-34,300,000		-36,803,000	-11,336,000	-11,782,000		-8,894,000	-8,048,000	-8,132,000	-6,381,000	-5,898,000	-5,385,000	-5,553,000	-3,053,000				-438,000
acquisition, net of cash acquired
payment of debt issuance costs																																0
excess tax benefits from share based compensation																																				-209,000	-656,000	162,000	-30,000	-41,000	-7,000	-20,000	-13,000
capital lease payments																												-708,000	-698,000	-788,000	-695,000	-699,000	-702,000	-672,000	-727,000	-669,000	-668,000	-654,000	-643,000	-651,000	-640,000	-638,000	-605,000	-817,000	-413,000	-603,000	-616,000	-596,000	-590,000	-583,000	-560,000	-757,000	-590,000	-561,000	-546,000	-544,000
excess tax benefits from share-based compensation																																				160,000	571,000	-225,000	-134,000	29,000	77,000	47,000	42,000	218,000				347,000	-3,000	-5,000	-3,000	620,000	-14,000	0	-83,000	-35,000	485,000	44,000	540,000	236,000	44,000	21,000	133,000	192,000	513,000	30,000	117,000	194,000	311,000	581,000	1,817,000	1,817,000	96,000	1,426,000	1,050,000	1,380,000	4,440,000
net decrease in cash and cash equivalents																																																																												-8,761,000
impairment of software																																												0
impairment of trade name
proceeds from stock options exercised																																																-1,000	1,000	-1,000	42,000	23,000	1,000	29,000	16,000	8,000	52,000	2,000	24,000	28,000	4,000	2,000	12,000	101,000	111,000	4,000	40,000	6,000	46,000	40,000	315,000	315,000	57,000	374,000	81,000	248,000	39,000
cash from acquisitions, net of cash acquired																																																				-125,000	-125,000			-2,125,000	7,852,000
cash and cash equivalents beginning of period																																													0	0	68,964,000		0	0	70,760,000		0	0	49,091,000		0	0	115,144,000		0	0	126,863,000		0	0	85,799,000		0	0	38,002,000	38,002,000		0	0	43,491,000	0
cash and cash equivalents end of period																																													19,663,000	-2,133,000	75,297,000		20,150,000	-14,251,000	86,251,000		27,400,000	-510,000	52,695,000		24,373,000	-116,624,000	134,903,000		-10,313,000	-13,380,000	141,736,000		9,717,000	418,000	112,673,000		9,340,000	15,160,000	38,878,000	38,878,000		-12,556,000	17,650,000	34,730,000	10,555,000
repayments of debt
changes in operating assets and liabilities, net of effects of acquisitions:
changes in operating assets and liabilities, net of effects of acquisition:
changes in operating assets and liabilities, net of effect of acquisitions:
cash and cash equivalents beginning of year
cash and cash equivalents end of year
see notes to unaudited consolidated financial statements.
loss (gain) on sale of assets
cash used in acquisition of comtrak, inc.																																																																					0	0	-5,000,000			0
the accompanying notes to consolidated financial statements are an integral part of these statements.
(gain) loss on sale of assets																																																																			-27,000
see notes to unaudited condensed consolidated financial statements.
income from continuing operations																																																																									17,997,000	16,608,000	13,775,000	11,419,000	13,519,000
adjustments to reconcile income from continuing operations to net cash
provided by operating activities:
changes in operating assets and liabilities excluding effects of purchase transaction:
cash from acquisition of comtrak, inc.																																																																								-5,000,000				-5,000,000	0
proceeds from the disposal of discontinued operations																																																																													0
cash flows provided by operating activities of discontinued operations
cash flows from investing activities of discontinued operations																																																																													0
net cash from discontinued operations																																																																													0
non current liabilities
gain loss on sale of assets
deferred compensation																																																																						346,000	-301,000	-301,000
adjustments to reconcile net income to net cash
net cash from by financing activities
cash flows from operating activities of discontinued operations																																																																													0
proceeds from stock offering
net payments on revolver
payments on long-term debt
the accompanying notes to consolidated financial statements are an integral part of these statement.
adjustments to reconcile income from continuing operations
supplemental disclosures of cash flow information
cash paid for:
adjustments to reconcile net income to net cash provided
by operating activities:
depreciation and amortization of property and equipment
compensation expense related to restricted stock awards
gain on sale of equipment
changes in working capital:
remainder 2005
2006
2007
2008
2009
2010 and thereafter
total

Hub Group, Inc(NASDAQ:HUBG)

Hub Group, Inc
(NASDAQ:HUBG)