HUBG FY 2012 Earnings Report — Hub Group, Inc. Revenue & Financial Results | Market Cap Arena

Hub Group, Inc.HUBG

FY 2012 Earnings

Reported February 25, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2012	Prior Q	FY 2011	QoQ Change	YoY Change
Revenue	$3.1B	—	$2.8B	—	13.5%
Op. Income	$112M	—	$94M	—	19.0%
Gross Margin	11.4%	—	11.4%	—	0.0pp
Net Margin	2.2%	—	2.1%	—	0.1pp
EPS (Diluted)	$1.83	—	$1.57	—	16.6%
Free Cash Flow	$36M	—	$20M	—	81.5%

Revenue Flow

Item	Amount
REVENUE	$3.1B
Cost of Revenue	$2.8B
GROSS PROFIT	$356M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$182M
SG&A Expenses	$182M
Other Expenses	-$30.0K
Operating Expenses	$244M
Cost & Expenses	$3.0B
OPERATING INCOME	$112M
Interest Income	$134.0K
Interest Expense	$1M
Other Income/Expenses	-$1M
INCOME BEFORE TAX	$111M
Income Tax Expense	$43M
Net Income from Continuing Ops	$68M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$68M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$68M
D&A	$22M
EBIT	$112M
EBITDA	$134M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$3.1B
Cost of Revenue	$2.8B
GROSS PROFIT	$356M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$182M
SG&A Expenses	$182M
Other Expenses	-$30.0K
Operating Expenses	$244M
Cost & Expenses	$3.0B
OPERATING INCOME	$112M
Interest Income	$134.0K
Interest Expense	$1M
Other Income/Expenses	-$1M
INCOME BEFORE TAX	$111M
Income Tax Expense	$43M
Net Income from Continuing Ops	$68M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$68M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$68M
D&A	$22M
EBIT	$112M
EBITDA	$134M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$68M
Depreciation & Amortization	$22M
Stock-Based Compensation	$7M
Deferred Income Tax	$9M
Other Non-Cash Items	$79.0K
Change in Working Capital	-$12M
OPERATING CASH FLOW	$93M
Capital Expenditure	-$57M
Acquisitions (Net)	-$550.0K
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$1M
NET CASH FROM INVESTING	-$56M
Net Debt Issuance	-$2M
Common Stock Repurchased	-$13M
Common Dividends Paid	$0
Other Financing Activities	$592.0K
NET CASH FROM FINANCING	-$15M
FREE CASH FLOW	$36M
Net Change in Cash	$22M

Balance Sheet

Item	Amount
Cash & Equivalents	$71M
Short-Term Investments	$0
Net Receivables	$373M
Inventory	$5M
Other Current Assets	$16M
TOTAL CURRENT ASSETS	$459M
PP&E (Net)	$158M
Goodwill	$263M
Intangible Assets	$20M
Long-Term Investments	$17M
Tax Assets	-$17M
Other Non-Current Assets	$20M
TOTAL NON-CURRENT ASSETS	$461M
TOTAL ASSETS	$920M
Account Payables	$206M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$23M
TOTAL CURRENT LIABILITIES	$277M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$100M
Other Non-Current Liabilities	$20M
TOTAL NON-CURRENT LIABILITIES	$142M
TOTAL LIABILITIES	$419M
Common Stock	$419.0K
Additional Paid-In Capital	$152M
Retained Earnings	$469M
Treasury Stock	-$121M
Accum. Other Comp. Income	$1.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$501M
Minority Interest	$0
TOTAL EQUITY	$501M
TOTAL LIABILITIES & EQUITY	$920M
Total Debt	$23M
Net Debt	-$48M