Hub (HUBG) 10-Q/A 5 Jan 18 2017 Q1 Quarterly report (amended) Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2017	Apr. 25, 2017
Document Information [Line Items]
Document Type	10-Q/A
Amendment Flag	true
Amendment Description	Hub Group, Inc. is filing this Amendment No. 1 to its Quarterly Report on Form 10-Q for the quarter ended March 31, 2017 (“Form 10-Q”) to add a date to the Section 906 certification in Exhibit 32.1.
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Trading Symbol	HUBG
Entity Registrant Name	Hub Group, Inc.
Entity Central Index Key	940,942
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Class A Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		33,476,276
Class B Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		662,296

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
CURRENT ASSETS:
Cash and cash equivalents	$ 154,000	$ 127,404
Accounts receivable trade, net	418,357	473,608
Accounts receivable other	4,984	4,331
Prepaid taxes	469	294
Prepaid expenses and other current assets	13,863	16,653
TOTAL CURRENT ASSETS	591,673	622,290
Restricted investments	22,313	20,877
Property and equipment, net	443,207	438,594
Other intangibles, net	11,520	11,844
Goodwill, net	262,321	262,376
Other assets	3,905	4,278
TOTAL ASSETS	1,334,939	1,360,259
CURRENT LIABILITIES:
Accounts payable trade	249,224	266,555
Accounts payable other	25,228	21,070
Accrued payroll	12,886	36,223
Accrued other	54,626	46,013
Current portion of capital lease	2,708	2,697
Current portion of long term debt	44,750	45,163
TOTAL CURRENT LIABILITIES	389,422	417,721
Long term debt	104,160	115,529
Non-current liabilities	24,329	23,595
Long term portion of capital lease	9,838	10,576
Deferred taxes	169,161	164,659
STOCKHOLDERS' EQUITY:
Preferred stock, $.01 par value; 2,000,000 shares authorized; no shares issued or outstanding in 2017 and 2016
Additional paid-in capital	164,560	173,565
Purchase price in excess of predecessor basis, net of tax benefit of $10,306	(15,458)	(15,458)
Retained earnings	745,897	735,563
Accumulated other comprehensive loss	(209)	(273)
Treasury stock; at cost, 7,749,881 shares in 2017 and 8,031,810 shares in 2016	(257,180)	(265,637)
TOTAL STOCKHOLDERS' EQUITY	638,029	628,179
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	1,334,939	1,360,259
Class A Common Stock [Member]
STOCKHOLDERS' EQUITY:
Common stock	412	412
Class B Common Stock [Member]
STOCKHOLDERS' EQUITY:
Common stock	$ 7	$ 7

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	2,000,000	2,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Purchase price in excess of predecessor basis, tax benefit	$ 10,306
Treasury stock, shares	7,749,881	8,031,810
Class A Common Stock [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	97,337,700	97,337,700
Common stock, shares issued	41,224,792	41,224,792
Common stock, shares outstanding	33,474,911	33,192,982
Class B Common Stock [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	662,300	662,300
Common stock, shares issued	662,296	662,296
Common stock, shares outstanding	662,296	662,296

UNAUDITED CONSOLIDATED STATEMEN

UNAUDITED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Income Statement [Abstract]
Revenue	$ 893,448	$ 805,859
Transportation costs	791,863	697,472
Gross margin	101,585	108,387
Costs and expenses:
Salaries and benefits	43,179	43,863
Agent fees and commissions	17,993	16,901
General and administrative	20,824	16,644
Depreciation and amortization	2,412	2,136
Total costs and expenses	84,408	79,544
Operating income	17,177	28,843
Other income (expense):
Interest expense	(1,098)	(911)
Interest and dividend income	130	61
Other, net	194	936
Total other (expense) income	(774)	86
Income before provision for income taxes	16,403	28,929
Provision for income taxes	6,069	10,964
Net income	10,334	17,965
Other comprehensive income:
Foreign currency translation adjustments	64	1
Total comprehensive income	$ 10,398	$ 17,966
Basic earnings per common share	$ 0.31	$ 0.51
Diluted earnings per common share	$ 0.31	$ 0.51
Basic weighted average number of shares outstanding	33,205	35,137
Diluted weighted average number of shares outstanding	33,373	35,122

UNAUDITED CONSOLIDATED STATEME5

UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash flows from operating activities:
Net income	$ 10,334	$ 17,965
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	12,522	10,639
Deferred taxes	5,279	2,383
Compensation expense related to share-based compensation plans	2,609	2,181
Gain on sale of assets	(48)	(83)
Excess tax benefits from share based compensation		(30)
Changes in operating assets and liabilities:
Restricted investments	(1,436)	1,685
Accounts receivable, net	54,600	21,332
Prepaid taxes	(171)	26
Prepaid expenses and other current assets	2,795	1,409
Other assets	373	400
Accounts payable	(13,175)	5,421
Accrued expenses	(25,990)	(13,517)
Non-current liabilities	12	481
Net cash provided by operating activities	47,704	50,292
Cash flows from investing activities:
Proceeds from sale of equipment	1,127	592
Purchases of property and equipment	(6,625)	(4,893)
Net cash used in investing activities	(5,498)	(4,301)
Cash flows from financing activities:
Repayments of long term debt	(11,782)	(8,132)
Stock tendered for payments of withholding taxes	(3,157)	(2,208)
Purchase of treasury stock		(42,368)
Capital lease payments	(727)	(643)
Excess tax benefits from share-based compensation		(134)
Net cash used in financing activities	(15,666)	(53,485)
Effect of exchange rate changes on cash and cash equivalents	56	1
Net increase (decrease) in cash and cash equivalents	26,596	(7,493)
Cash and cash equivalents beginning of the period	127,404	207,749
Cash and cash equivalents end of the period	154,000	200,256
Supplemental disclosures of cash paid for:
Interest	1,153	1,245
Income taxes	$ 263	$ 5,586

Interim Financial Statements

Interim Financial Statements	3 Months Ended
	Mar. 31, 2017
Quarterly Financial Information Disclosure [Abstract]
Interim Financial Statements	NOTE 1. Interim Financial Statements Our accompanying unaudited consolidated financial statements of Hub Group, Inc. (“we”, “us” or “our”) have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in annual financial statements have been omitted pursuant to those rules and regulations. However, we believe that the disclosures contained herein are adequate to make the information presented not misleading. The financial statements reflect, in our opinion, all material adjustments (which include only normal recurring adjustments) necessary to fairly present our financial position as of March 31, 2017 and results of operations for the three months ended March 31, 2017 and 2016. These unaudited consolidated financial statements and notes thereto should be read in conjunction with the consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2016. Results of operations in interim periods are not necessarily indicative of results to be expected for a full year due partially to seasonality.

Business Segments

Business Segments	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Business Segments	NOTE 2. Business Segments We report two distinct business segments. The first segment is Mode, which includes the Mode Transportation, LLC (“Mode LLC”) business we acquired on April 1, 2011. The second segment is Hub, which is all business other than Mode. Hub offers comprehensive multimodal solutions including intermodal, truck brokerage and logistics services. Our employees operate the freight through a network of operating centers located in the United States, Canada and Mexico. Each operating center is strategically located in a market with a significant concentration of shipping customers and one or more railheads. Hub has full time employees located throughout the United States, Canada and Mexico. Mode LLC has Independent Business Owners (“IBOs”) who sell and operate the business throughout North America, as well as sales only agents. Mode LLC also has a corporate office in Dallas, TX, a temperature protected services division, Temstar, located in Oak Brook, IL and a corporate office in Memphis, TN. Mode LLC markets and operates its freight transportation services, consisting of intermodal, truck brokerage and logistics, primarily through agents who enter into contractual arrangements with Mode LLC. The following is a summary of operating results and certain other financial data for our business segments (in thousands): Three Months Three Months Ended March 31, 2017 Ended March 31, 2016 Inter- Hub Inter- Hub Segment Group Segment Group Hub Mode Elims Total Hub Mode Elims Total Revenue $ 677,132 $ 241,874 $ (25,558 ) $ 893,448 $ 615,227 $ 208,832 $ (18,200 ) $ 805,859 Transportation costs 605,326 212,095 (25,558 ) 791,863 536,073 179,599 (18,200 ) 697,472 Gross margin 71,806 29,779 - 101,585 79,154 29,233 - 108,387 Costs and expenses: Salaries and benefits 39,596 3,583 - 43,179 40,096 3,767 - 43,863 Agent fees and commissions 17 17,976 - 17,993 13 16,888 - 16,901 General and administrative 18,479 2,345 - 20,824 14,722 1,922 - 16,644 Depreciation and amortization 2,109 303 - 2,412 1,815 321 - 2,136 Total costs and expenses 60,201 24,207 - 84,408 56,646 22,898 - 79,544 Operating income $ 11,605 $ 5,572 $ - $ 17,177 $ 22,508 $ 6,335 $ - $ 28,843 Capital Expenditures $ 6,625 $ - $ - $ 6,625 $ 4,631 $ 262 $ - $ 4,893 As of March 31, 2017 As of December 31, 2016 Inter- Hub Inter- Hub Segment Group Segment Group Hub Mode Elims Total Hub Mode Elims Total Total assets $ 1,169,159 $ 172,416 $ (6,636 ) $ 1,334,939 $ 1,178,110 $ 191,374 $ (9,225 ) $ 1,360,259 Goodwill 232,932 29,389 - 262,321 232,987 29,389 - 262,376 The following tables summarize our revenue by segment and business line (in thousands): Three Months Three Months Ended March 31, 2017 Ended March 31, 2016 Inter- Hub Inter- Hub Segment Group Segment Group Hub Mode Elims Total Hub Mode Elims Total Intermodal $ 424,596 $ 122,203 $ (15,237 ) $ 531,562 $ 413,806 $ 112,366 $ (17,949 ) $ 508,223 Truck brokerage 106,664 78,178 (385 ) 184,457 81,410 67,349 (27 ) 148,732 Logistics 145,872 41,493 (9,936 ) 177,429 120,011 29,117 (224 ) 148,904 Total revenue $ 677,132 $ 241,874 $ (25,558 ) $ 893,448 $ 615,227 $ 208,832 $ (18,200 ) $ 805,859

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Earnings Per Share	NOTE 3. Earnings Per Share The following is a reconciliation of our earnings per share (in thousands, except for per share data): Three Months Ended, March 31, 2017 2016 Net income for basic and diluted earnings per share $ 10,334 $ 17,965 Weighted average shares outstanding - basic 33,205 35,137 Dilutive effect of stock options and restricted stock 168 (15 ) Weighted average shares outstanding - diluted 33,373 35,122 Earnings per common share - basic $ 0.31 $ 0.51 Earnings per common share - diluted $ 0.31 $ 0.51

Fair Value Measurement

Fair Value Measurement	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurement	NOTE 4. Fair Value Measurement The carrying value of cash and cash equivalents, accounts receivable and accounts payable and long term debt approximated fair value as of March 31, 2017 and December 31, 2016 due to their short-term nature. We consider as cash equivalents all highly liquid instruments with an original maturity of three months or less. As of March 31, 2017 and December 31, 2016, our cash and temporary investments were with high quality financial institutions in Demand Deposit Accounts (DDAs) and Savings Accounts. Restricted investments, as of March 31, 2017 of $22.3 million and December 31, 2016 of $20.9 million, included mutual funds which are reported at fair value. Our assets and liabilities measured at fair value are based on valuation techniques which consider prices and other relevant information generated by market transactions involving identical or comparable assets and liabilities. These valuation methods are based on either quoted market prices (Level 1) or inputs, other than quoted prices in active markets, that are observable either directly or indirectly (Level 2). Cash and cash equivalents, accounts receivable and accounts payable are defined as “Level 1”, while long term debt is defined as “Level 2” of the fair value hierarchy in the Fair Value Measurements and Disclosures Topic of the Codification.

Long-Term Debt and Financing Ar

Long-Term Debt and Financing Arrangements	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Long-Term Debt and Financing Arrangements	NOTE 5. Long-Term Debt and Financing Arrangements We have standby letters of credit that expire at various dates in 2017. As of March 31, 2017, our letters of credit were $12.7 million. Our unused and available borrowings under our bank revolving line of credit were $37.3 million as of March 31, 2017 and $38.2 million as of December 31, 2016. We were in compliance with our debt covenants as of March 31, 2017. We have entered into various Equipment Notes (“Notes”) for the purchase of tractors and containers. The Notes are secured by the underlying equipment financed in the agreements. Period Ended March 31, December 31, 2017 2016 Secured Equipment Notes due on various dates in 2021 with monthly principal and interest payments between $0.01 million and $0.3 million commencing on various dates in 2016; interest is paid monthly at a fixed annual rate between 2.04% and 2.96% $ 56,599 $ 59,836 Secured Equipment Notes due on various dates in 2020 with monthly principal and interest payments between $0.04 million and $0.4 million commencing on various dates in 2015 and 2016; interest is paid monthly at a fixed annual rate between 1.72% and 2.26% 45,492 48,633 Secured Equipment Notes due on various dates in 2019 with monthly principal and interest payments between $0.08 million and $0.4 million commencing on various dates in 2014; interest is paid monthly at a fixed annual rate between 1.87% and 2.24% 44,928 49,464 Secured Equipment Notes due in June 2018 with quarterly principal and interest payments of $0.5 million commencing in August 2013; interest is paid quarterly at a fixed annual rate between 1.9% and 2.0% 1,891 2,759 148,910 160,692 Less current portion (44,750 ) (45,163 ) Total long-term debt $ 104,160 $ 115,529

Guarantees

Guarantees	3 Months Ended
	Mar. 31, 2017
Guarantees [Abstract]
Guarantees	NOTE 6. Guarantees As a recruiting tool for our owner-operators, we are guaranteeing certain owner-operators’ lease payments for tractors. The guarantees expire at various dates through 2020. The potential maximum exposure under these lease guarantees was approximately $1.0 million and $1.4 million as of March 31, 2017 and December 31, 2016, respectively. The potential maximum exposure represents the amount of the remaining lease payments on all outstanding guaranteed leases as of March 31, 2017 and December 31, 2016. However, upon default, we have the option to purchase the tractors. We could then sell the tractors and use the proceeds to recover all or a portion of the amounts paid under the guarantees. Alternatively, we can contract with another owner-operator who would assume the lease. There were no material defaults during the quarter ended March 31, 2017 or the year ended December 31, 2016 and no potential material defaults. We had a liability of five thousand dollars as of March 31, 2017 and nine thousand dollars as of December 31, 2016, representing the fair value for estimated defaults of the guarantees, based on a discounted cash-flow analysis which is included in current and non-current liabilities in our Consolidated Balance Sheets. We are amortizing the amounts over the remaining lives of the respective guarantees.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2017
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 7. Commitments and Contingencies In November 2016, we committed to acquire 4,000 e expect the total purchase price of these containers to be approximately $40 million. We are working with our container supplier on deferring a portion of this year’s production to next year if market conditions remain soft. As of the date of this report, we have received approximately 1,500 containers.

Legal Matters

Legal Matters	3 Months Ended
	Mar. 31, 2017
Commitments And Contingencies Disclosure [Abstract]
Legal Matters	NOTE 8. Legal Matters Robles On January 25, 2013, a complaint was filed in the U.S. District Court for the Eastern District of California (Sacramento Division) by Salvador Robles against our subsidiary, Comtrak Logistics, Inc., now known as Hub Group Trucking, Inc. Mr. Robles drove a truck for Hub Group Trucking in California, first as an independent contractor and then as an employee. The action was brought on behalf of a class comprised of present and former California-based truck drivers for Hub Group Trucking who were classified as independent contractors, from January 2009 to August 2014. The complaint alleges Hub Group Trucking has misclassified such drivers as independent contractors and that such drivers were employees. The complaint asserts various violations of the California Labor Code and claims that Hub Group Trucking has engaged in unfair competition practices. The complaint seeks, among other things, declaratory and injunctive relief, compensatory damages and attorney’s fees. In May 2013, the complaint was amended to add similar claims based on Mr. Robles’ status as an employed company driver. These additional claims are only on behalf of Mr. Robles and not a putative class. The Company believes that the California independent contractor truck drivers were properly classified as independent contractors at all times. Nevertheless, because lawsuits are expensive, time-consuming and could interrupt our business operations, Hub Group Trucking decided to make settlement offers to individual drivers with respect to the claims alleged in this lawsuit, without admitting liability. As of March 31, 2017, 93% of the California drivers have accepted the settlement offers. In late 2014, Hub Group Trucking decided to convert its model from independent contractors to employee drivers in California. In early 2016, Hub Group Trucking closed its operations in Southern California. On April 3, 2015, the Robles case was transferred to the U.S. District Court for the Western District of Tennessee (Western Division) in Memphis. In May 2015, the plaintiffs in the Robles case filed a Second Amended Complaint (“SAC”) which names 334 current and former Hub Group Trucking drivers as “interested putative class members.” In addition to reasserting their existing claims, the SAC includes claims post-conversion, added two new plaintiffs and seeks a judicial declaration that the settlement agreements are unenforceable. In June 2015, Hub Group Trucking filed a motion to dismiss the SAC and on July 19, 2016, Hub Group Trucking’s motion to dismiss was granted in part, and denied in part, by the District Court. The motion to dismiss was granted for the claims of all purported class members who have signed settlement agreements and on plaintiffs’ claims based on quantum merit and it was denied with respect to federal preemption and choice of law. On August 11, 2016, Plaintiffs filed a motion to clarify whether the Court’s dismissal of the claims of all purported class members who signed settlement agreements was with or without prejudice and, if the dismissal was with prejudice, Plaintiffs moved the Court to revise and reconsider the order. Plaintiffs’ motion to clarify is fully briefed and the parties are awaiting a decision by the Court. Adame On August 5, 2015, the Plaintiffs’ law firm in the Robles case filed a lawsuit in state court in San Bernardino County, California on behalf of 63 named Plaintiffs against Hub Group Trucking and five Company employees. The lawsuit alleges claims similar to those being made in Robles and seeks monetary penalties under the Private Attorneys General Act. Of the 63 named Plaintiffs, at least 58 of them previously accepted the settlement offers referenced above. On October 29, 2015, Defendants filed a notice of removal to remove the case from state court in San Bernardino to federal court in the Central District of California. On November 19, 2015, Defendants filed a motion to transfer the case to federal court in Memphis, Tennessee and also filed a motion to dismiss the case pursuant to a clause in the independent contractor agreement stating that Tennessee law applies. Also on November 19, 2015, Plaintiffs filed a motion to remand the case back to state court, claiming that the federal court lacks jurisdiction over the case. The court granted Plaintiffs’ motion to remand to the state court in San Bernardino County on April 7, 2016, mooting Defendants’ motions to transfer and dismiss. On July 11, 2016, Defendants filed several motions in state court, asking the court to dismiss and/or stay the Plaintiffs’ suit for various reasons. During a hearing on October 5, 2016, the judge issued an oral tentative ruling stating that the choice of forum provision was unenforceable. On Defendants’ motion to dismiss the individual defendants, the court allowed for supplemental briefing for additional arguments regarding individual liability under PAGA. The court did not reach a decision regarding the motion to stay pending the outcome in Robles. Plaintiffs filed their supplemental brief on November 9, 2016 to which Defendants responded on December 6, 2016. On February 17, 2017, with the stipulation of the parties, the Court entered an Order dismissing, without prejudice, all of the individual Defendants and accepting the parties’ agreement that jurisdiction and venue are proper in the San Bernardino Superior Court and that Defendants will not seek to remove the case to federal district court. On April 12, 2017, the Court denied Defendant’s motion to dismiss based on insufficiency of the PAGA letter notice. Lubinski On September 12, 2014, a complaint was filed in the U.S. District Court for the Northern District of Illinois (Eastern Division) by Christian Lubinski against Hub Group Trucking. The action was brought on behalf of a class comprised of present and former owner-operators providing delivery services in Illinois for Hub Group Trucking. The complaint alleged Hub Group Trucking misclassified such drivers as independent contractors and that such drivers were employees. The complaint also alleged that Hub Group Trucking made illegal deductions from the drivers’ pay and failed to properly compensate the drivers for all hours worked, reimburse business expenses, pay employment taxes, and provide workers’ compensation and other employment benefits. The complaint asserted various violations of the Illinois Wage Payment and Collections Act and claimed that Hub Group Trucking was unjustly enriched. The complaint sought, among other things, monetary damages for the relevant statutory period and attorneys’ fees. On October 24, 2014, the Lubinski case was transferred to the U.S. District Court for the Western District of Tennessee (Western Division), in Memphis. On September 22, 2015, the court granted Hub Group Trucking’s motion to dismiss Lubinski’s Illinois law claims with prejudice based on the contractual choice of law provision, which provided that Tennessee law governed. The court denied as moot Hub Group Trucking’s motion to dismiss based on federal preemption. On October 2, 2015, Lubinski appealed this order to the United States Court of Appeals for the Sixth Circuit in Cincinnati. On December 17, 2015, Lubinski filed his brief in support of his appeal of the motion to dismiss, asserting for the first time that the federal court did not have jurisdiction over the case due to a lack of diversity of citizenship. Hub Group Trucking filed its response brief on January 19, 2016, in part arguing that Lubinski had himself alleged diversity of citizenship in his complaint. Lubinski filed his reply brief on February 5, 2016. On April 1, 2016, the Sixth Circuit remanded the case to the district court—without ruling on the merits—for the district court “to consider the argument and admit the evidence necessary to determine the question of federal subject-matter jurisdiction.” On July 11, 2016, with his federal district court case still pending, Lubinski filed an additional putative class action Complaint, with the same claims, in Illinois state court. On the same day, Hub Group Trucking filed a declaratory judgment complaint in Tennessee state court, seeking a declaration that Lubinski’s claims must be heard in Tennessee (based on the contractual choice-of-forum provision) and that the claims must be dismissed because Tennessee law controls and Lubinski’s claims are preempted by federal law. The parties agreed to stay all proceedings in Illinois and Tennessee state court until the federal court jurisdiction question is decided. On October 26, 2016, Lubinski filed a motion to dismiss for lack of federal subject-matter jurisdiction and a motion for leave to file an amended complaint, attempting to “clarify” the putative class definition and arguing that the Class Action Fairness Act’s exceptions to jurisdiction apply. In early 2017, Plaintiff’s counsel advised Hub Group Trucking that Lubinski would no longer challenge federal jurisdiction. On February 15, 2017, the District Court adopted the parties’ stipulation and found that there is federal subject-matter jurisdiction. On March 22, 2017, the U.S. Court of Appeals for the Sixth Circuit granted Plaintiff’s motion to recall the mandate and reinstate Lubinski’s appeal of the district court’s order dismissing the case. The appeal was fully briefed earlier, so no further briefing will occur absent an Order from the Court of Appeals. We cannot reasonably estimate at this time the possible loss or range of loss, if any, that may arise from the remaining unresolved claims in the above mentioned lawsuits. We are a party to other litigation incident to our business, including claims for personal injury and/or property damage, bankruptcy preference claims, and claims regarding freight lost or damaged in transit, improperly shipped or improperly billed. Some of the lawsuits to which we are party are covered by insurance and are being defended by our insurance carriers. Some of the lawsuits are not covered by insurance and we defend those ourselves. We do not believe that the outcome of this litigation will have a materially adverse effect on our financial position or results of operations.

New Pronouncements

New Pronouncements	3 Months Ended
	Mar. 31, 2017
Accounting Changes And Error Corrections [Abstract]
New Pronouncements	NOTE 9. New Pronouncements In May 2014, the FASB issued Update No. 2014-09—Revenue from Contracts with Customers (Topic 606). This Standard provides guidance on how to recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The FASB has recently issued several amendments to the standard, including clarification on accounting for principal vs agent and identifying performance obligations. The guidance permits two methods of adoption: retrospectively to each prior reporting period presented (full retrospective method), or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application (the cumulative catch-up transition method). We currently anticipate adopting the standard using the full retrospective method to restate each prior reporting period presented. Early application is permitted for annual reporting periods beginning after December 15, 2016. We plan to adopt this standard January 1, 2018, as required. While we are continuing to assess all potential impacts of the standard, other than additional disclosures, we do not anticipate that this standard will have a material impact on our consolidated financial statements. We have analyzed our revenue stream, began analysis of our current contracts and will continue to analyze these contracts. In February 2016, the FASB issued ASU No. 2016-02, Leases, which requires lessees to recognize a right-to-use asset and a lease obligation for all leases. Lessees are permitted to make an accounting policy election to not recognize an asset and liability for leases with a term of twelve months or less. The new standard will become effective beginning with the first quarter of 2019. Early adoption of the standard is permitted. We plan to adopt this standard January 1, 2019, as required. We are currently evaluating the impacts the adoption of this accounting guidance will have on the consolidated financial statements. In March 2016, the FASB issued ASU 2016-09, Improvements to Employee Share-Based Payment Accounting , In 2016, the FASB issued new guidance that requires credit losses on financial assets measured at amortized cost basis to be presented at the net amount expected to be collected, not based on incurred losses . In 2016, the FASB issued new guidance which clarifies the classification of certain cash receipts and cash payments in the statement of cash flows, including debt prepayment or extinguishment costs, settlement of contingent consideration arising from a business combination, insurance settlement proceeds, and distributions from certain equity method investees. The new standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is permitted. We are evaluating the impact of adopting this new accounting guidance on our consolidated financial statements.

Business Segments (Tables)

Business Segments (Tables)	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Summary of Operating Results	The following is a summary of operating results and certain other financial data for our business segments (in thousands): Three Months Three Months Ended March 31, 2017 Ended March 31, 2016 Inter- Hub Inter- Hub Segment Group Segment Group Hub Mode Elims Total Hub Mode Elims Total Revenue $ 677,132 $ 241,874 $ (25,558 ) $ 893,448 $ 615,227 $ 208,832 $ (18,200 ) $ 805,859 Transportation costs 605,326 212,095 (25,558 ) 791,863 536,073 179,599 (18,200 ) 697,472 Gross margin 71,806 29,779 - 101,585 79,154 29,233 - 108,387 Costs and expenses: Salaries and benefits 39,596 3,583 - 43,179 40,096 3,767 - 43,863 Agent fees and commissions 17 17,976 - 17,993 13 16,888 - 16,901 General and administrative 18,479 2,345 - 20,824 14,722 1,922 - 16,644 Depreciation and amortization 2,109 303 - 2,412 1,815 321 - 2,136 Total costs and expenses 60,201 24,207 - 84,408 56,646 22,898 - 79,544 Operating income $ 11,605 $ 5,572 $ - $ 17,177 $ 22,508 $ 6,335 $ - $ 28,843 Capital Expenditures $ 6,625 $ - $ - $ 6,625 $ 4,631 $ 262 $ - $ 4,893
Schedule of Assets	As of March 31, 2017 As of December 31, 2016 Inter- Hub Inter- Hub Segment Group Segment Group Hub Mode Elims Total Hub Mode Elims Total Total assets $ 1,169,159 $ 172,416 $ (6,636 ) $ 1,334,939 $ 1,178,110 $ 191,374 $ (9,225 ) $ 1,360,259 Goodwill 232,932 29,389 - 262,321 232,987 29,389 - 262,376
Summary of Revenue by Segment and Business Line	The following tables summarize our revenue by segment and business line (in thousands): Three Months Three Months Ended March 31, 2017 Ended March 31, 2016 Inter- Hub Inter- Hub Segment Group Segment Group Hub Mode Elims Total Hub Mode Elims Total Intermodal $ 424,596 $ 122,203 $ (15,237 ) $ 531,562 $ 413,806 $ 112,366 $ (17,949 ) $ 508,223 Truck brokerage 106,664 78,178 (385 ) 184,457 81,410 67,349 (27 ) 148,732 Logistics 145,872 41,493 (9,936 ) 177,429 120,011 29,117 (224 ) 148,904 Total revenue $ 677,132 $ 241,874 $ (25,558 ) $ 893,448 $ 615,227 $ 208,832 $ (18,200 ) $ 805,859

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Reconciliation of Earnings Per Share	The following is a reconciliation of our earnings per share (in thousands, except for per share data): Three Months Ended, March 31, 2017 2016 Net income for basic and diluted earnings per share $ 10,334 $ 17,965 Weighted average shares outstanding - basic 33,205 35,137 Dilutive effect of stock options and restricted stock 168 (15 ) Weighted average shares outstanding - diluted 33,373 35,122 Earnings per common share - basic $ 0.31 $ 0.51 Earnings per common share - diluted $ 0.31 $ 0.51

Long-Term Debt and Financing 17

Long-Term Debt and Financing Arrangements (Tables)	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Schedule of Outstanding Debt	Period Ended March 31, December 31, 2017 2016 Secured Equipment Notes due on various dates in 2021 with monthly principal and interest payments between $0.01 million and $0.3 million commencing on various dates in 2016; interest is paid monthly at a fixed annual rate between 2.04% and 2.96% $ 56,599 $ 59,836 Secured Equipment Notes due on various dates in 2020 with monthly principal and interest payments between $0.04 million and $0.4 million commencing on various dates in 2015 and 2016; interest is paid monthly at a fixed annual rate between 1.72% and 2.26% 45,492 48,633 Secured Equipment Notes due on various dates in 2019 with monthly principal and interest payments between $0.08 million and $0.4 million commencing on various dates in 2014; interest is paid monthly at a fixed annual rate between 1.87% and 2.24% 44,928 49,464 Secured Equipment Notes due in June 2018 with quarterly principal and interest payments of $0.5 million commencing in August 2013; interest is paid quarterly at a fixed annual rate between 1.9% and 2.0% 1,891 2,759 148,910 160,692 Less current portion (44,750 ) (45,163 ) Total long-term debt $ 104,160 $ 115,529

Business Segments - Additional

Business Segments - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2017Segment
Segment Reporting Information [Line Items]
Reporting business segments	2
Number of railheads	one or more
Mode LLC [Member]
Segment Reporting Information [Line Items]
Business acquisition, date	Apr. 1, 2011

Summary of Operating Results (D

Summary of Operating Results (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Segment Reporting Information [Line Items]
Revenue	$ 893,448	$ 805,859
Transportation costs	791,863	697,472
Gross margin	101,585	108,387
Costs and expenses:
Salaries and benefits	43,179	43,863
Agent fees and commissions	17,993	16,901
General and administrative	20,824	16,644
Depreciation and amortization	2,412	2,136
Total costs and expenses	84,408	79,544
Operating income	17,177	28,843
Capital Expenditures	6,625	4,893
Operating Segments [Member] | Hub [Member]
Segment Reporting Information [Line Items]
Revenue	677,132	615,227
Transportation costs	605,326	536,073
Gross margin	71,806	79,154
Costs and expenses:
Salaries and benefits	39,596	40,096
Agent fees and commissions	17	13
General and administrative	18,479	14,722
Depreciation and amortization	2,109	1,815
Total costs and expenses	60,201	56,646
Operating income	11,605	22,508
Capital Expenditures	6,625	4,631
Operating Segments [Member] | Mode LLC [Member]
Segment Reporting Information [Line Items]
Revenue	241,874	208,832
Transportation costs	212,095	179,599
Gross margin	29,779	29,233
Costs and expenses:
Salaries and benefits	3,583	3,767
Agent fees and commissions	17,976	16,888
General and administrative	2,345	1,922
Depreciation and amortization	303	321
Total costs and expenses	24,207	22,898
Operating income	5,572	6,335
Capital Expenditures		262
Intersegment Elims [Member]
Segment Reporting Information [Line Items]
Revenue	(25,558)	(18,200)
Transportation costs	$ (25,558)	$ (18,200)

Schedule of Assets (Detail)

Schedule of Assets (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Segment Reporting Information [Line Items]
Total assets	$ 1,334,939	$ 1,360,259
Goodwill	262,321	262,376
Operating Segments [Member] | Hub [Member]
Segment Reporting Information [Line Items]
Total assets	1,169,159	1,178,110
Goodwill	232,932	232,987
Operating Segments [Member] | Mode LLC [Member]
Segment Reporting Information [Line Items]
Total assets	172,416	191,374
Goodwill	29,389	29,389
Intersegment Elims [Member]
Segment Reporting Information [Line Items]
Total assets	$ (6,636)	$ (9,225)

Summary of Revenue by Segment a

Summary of Revenue by Segment and Business Line (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Segment Reporting Information [Line Items]
Revenue	$ 893,448	$ 805,859
Intermodal [Member]
Segment Reporting Information [Line Items]
Revenue	531,562	508,223
Truck brokerage [Member]
Segment Reporting Information [Line Items]
Revenue	184,457	148,732
Logistics [Member]
Segment Reporting Information [Line Items]
Revenue	177,429	148,904
Operating Segments [Member] | Hub [Member]
Segment Reporting Information [Line Items]
Revenue	677,132	615,227
Operating Segments [Member] | Mode LLC [Member]
Segment Reporting Information [Line Items]
Revenue	241,874	208,832
Operating Segments [Member] | Intermodal [Member] | Hub [Member]
Segment Reporting Information [Line Items]
Revenue	424,596	413,806
Operating Segments [Member] | Intermodal [Member] | Mode LLC [Member]
Segment Reporting Information [Line Items]
Revenue	122,203	112,366
Operating Segments [Member] | Truck brokerage [Member] | Hub [Member]
Segment Reporting Information [Line Items]
Revenue	106,664	81,410
Operating Segments [Member] | Truck brokerage [Member] | Mode LLC [Member]
Segment Reporting Information [Line Items]
Revenue	78,178	67,349
Operating Segments [Member] | Logistics [Member] | Hub [Member]
Segment Reporting Information [Line Items]
Revenue	145,872	120,011
Operating Segments [Member] | Logistics [Member] | Mode LLC [Member]
Segment Reporting Information [Line Items]
Revenue	41,493	29,117
Intersegment Elims [Member]
Segment Reporting Information [Line Items]
Revenue	(25,558)	(18,200)
Intersegment Elims [Member] | Intermodal [Member]
Segment Reporting Information [Line Items]
Revenue	(15,237)	(17,949)
Intersegment Elims [Member] | Truck brokerage [Member]
Segment Reporting Information [Line Items]
Revenue	(385)	(27)
Intersegment Elims [Member] | Logistics [Member]
Segment Reporting Information [Line Items]
Revenue	$ (9,936)	$ (224)

Reconciliation of Earnings Per

Reconciliation of Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Earnings Per Share [Abstract]
Net income for basic and diluted earnings per share	$ 10,334	$ 17,965
Weighted average shares outstanding - basic	33,205	35,137
Dilutive effect of stock options and restricted stock	168	(15)
Weighted average shares outstanding - diluted	33,373	35,122
Earnings per common share - basic	$ 0.31	$ 0.51
Earnings per common share - diluted	$ 0.31	$ 0.51

Fair Value Measurement - Additi

Fair Value Measurement - Additional Information (Detail) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Restricted investments	$ 22.3	$ 20.9

Long-Term Debt and Financing 24

Long-Term Debt and Financing Arrangements - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Standby Letters of Credit [Member]
Line Of Credit Facility [Line Items]
Letters of credit expiration year	2,017
Outstanding letters of credit	$ 12.7
Revolving Line of Credit Facility [Member] | Bank Revolving Line of Credit [Member]
Line Of Credit Facility [Line Items]
Unused and available borrowings under bank revolving line of credit	$ 37.3	$ 38.2

Schedule of Outstanding Debt (D

Schedule of Outstanding Debt (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Secured long-term debt	$ 148,910	$ 160,692
Less current portion	(44,750)	(45,163)
Total long-term debt	104,160	115,529
Secured Equipment Notes due in 2021 [Member]
Debt Instrument [Line Items]
Secured long-term debt	56,599	59,836
Secured Equipment Notes due in 2020 [Member]
Debt Instrument [Line Items]
Secured long-term debt	45,492	48,633
Secured Equipment Notes due in 2019 [Member]
Debt Instrument [Line Items]
Secured long-term debt	44,928	49,464
Secured Equipment Notes due in June 2018 [Member]
Debt Instrument [Line Items]
Secured long-term debt	$ 1,891	$ 2,759

Schedule of Outstanding Debt (P

Schedule of Outstanding Debt (Parenthetical) (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)
Secured Equipment Notes due in 2021 [Member]
Debt Instrument [Line Items]
Equipment notes due period	2,021
Payment Frequency	monthly
Secured Equipment Notes due in 2021 [Member] | Commencing on 2016 [Member]
Debt Instrument [Line Items]
Equipment notes, date of first required payment	2,016
Secured Equipment Notes due in 2020 [Member]
Debt Instrument [Line Items]
Equipment notes due period	2,020
Payment Frequency	monthly
Secured Equipment Notes due in 2020 [Member] | Commencing on 2016 [Member]
Debt Instrument [Line Items]
Equipment notes, date of first required payment	2,016
Secured Equipment Notes due in 2020 [Member] | Commencing on 2015 [Member]
Debt Instrument [Line Items]
Equipment notes, date of first required payment	2,015
Secured Equipment Notes due in 2019 [Member]
Debt Instrument [Line Items]
Equipment notes due period	2,019
Payment Frequency	monthly
Secured Equipment Notes due in 2019 [Member] | Commencing on 2014 [Member]
Debt Instrument [Line Items]
Equipment notes, date of first required payment	2,014
Secured Equipment Notes due in June 2018 [Member]
Debt Instrument [Line Items]
Monthly payments	$ 500
Payment Frequency	quarterly
Equipment notes due	Jun. 30, 2018
Equipment notes, date of first required payment	Aug. 31, 2013
Minimum [Member] | Secured Equipment Notes due in 2021 [Member]
Debt Instrument [Line Items]
Monthly payments	$ 10
Interest rate secured debt	2.04%
Minimum [Member] | Secured Equipment Notes due in 2020 [Member]
Debt Instrument [Line Items]
Monthly payments	$ 40
Interest rate secured debt	1.72%
Minimum [Member] | Secured Equipment Notes due in 2019 [Member]
Debt Instrument [Line Items]
Monthly payments	$ 80
Interest rate secured debt	1.87%
Minimum [Member] | Secured Equipment Notes due in June 2018 [Member]
Debt Instrument [Line Items]
Interest rate secured debt	1.90%
Maximum [Member] | Secured Equipment Notes due in 2021 [Member]
Debt Instrument [Line Items]
Monthly payments	$ 300
Interest rate secured debt	2.96%
Maximum [Member] | Secured Equipment Notes due in 2020 [Member]
Debt Instrument [Line Items]
Monthly payments	$ 400
Interest rate secured debt	2.26%
Maximum [Member] | Secured Equipment Notes due in 2019 [Member]
Debt Instrument [Line Items]
Monthly payments	$ 400
Interest rate secured debt	2.24%
Maximum [Member] | Secured Equipment Notes due in June 2018 [Member]
Debt Instrument [Line Items]
Interest rate secured debt	2.00%

Guarantees - Additional Informa

Guarantees - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Guarantees [Abstract]
Expiration dates of guarantees	2,020
Potential maximum exposure under these lease guarantees	$ 1,000	$ 1,400
Liability representing fair value for estimated defaults of guarantees, based on discounted cash-flow analysis	$ 5	$ 9

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) $ in Millions	1 Months Ended
	Nov. 30, 2016USD ($)Container
Commitments And Contingencies Disclosure [Abstract]
Purchase contract units, containers	4,000
Cost of purchasing containers | $	$ 40
Number of containers received	1,500

Legal Matters - Additional Info

Legal Matters - Additional Information (Detail) - Robles Lawsuits [Member]	Aug. 05, 2015PlaintiffEmployee	May 31, 2015Plaintiff	Mar. 31, 2017
Loss Contingencies [Line Items]
Percentage of California drivers who accepted settlement offers			93.00%
Number of plaintiffs		2
Number of plaintiffs against Hub Group Trucking	63
Number of employees filed lawsuit | Employee	5
Number of claims accepted settlement offers	58