10-Q Filing

INNOVATE Corp. CIK: 1006837 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0001006837-16-000039`
Period End Date	20160331
Filing Date	20160509
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	hchc-20160331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 104 Income Statement 68 Cash Flow Statement 106 Stockholders Equity 31 Comprehensive Income 10

Balance Sheet 104 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.62M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$794.00K	USD	Point-in-time
Fixed maturity securities, available-for-sale at fair value	`AvailableForSaleSecuritiesDebtSecurities`	$1.23B	USD	Point-in-time
Fixed maturity securities, available-for-sale at fair value	`AvailableForSaleSecuritiesDebtSecurities`	$1.28B	USD	Point-in-time
Equity securities, available-for-sale at fair value	`AvailableForSaleSecuritiesEquitySecurities`	$47.56M	USD	Point-in-time
Equity securities, available-for-sale at fair value	`AvailableForSaleSecuritiesEquitySecurities`	$49.68M	USD	Point-in-time
Mortgage loans	`MortgageLoansOnRealEstate`	$1.25M	USD	Point-in-time
Mortgage loans	`MortgageLoansOnRealEstate`	$1.15M	USD	Point-in-time
Policy loans	`PolicyLoansReceivable`	$18.36M	USD	Point-in-time
Policy loans	`PolicyLoansReceivable`	$18.48M	USD	Point-in-time
Other invested assets	`OtherInvestments`	$53.12M	USD	Point-in-time
Other invested assets	`OtherInvestments`	$46.01M	USD	Point-in-time
Total investments	`Investments`	$1.35B	USD	Point-in-time
Total investments	`Investments`	$1.39B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$107.98M	USD	Point-in-time
Preferred stock, par value (in usd per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$128.87M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$158.62M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$137.70M	USD	Point-in-time
Preferred stock, par value (in usd per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`TemporaryEquitySharesAuthorized`	20.00M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$589.00K	USD	Point-in-time
Preferred stock, shares authorized	`TemporaryEquitySharesAuthorized`	20.00M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$538.00K	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $1,621 and $794 at March 31, 2016 and December 31, 2015, respectively)	`AccountsReceivableNetCurrent`	$210.85M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $1,621 and $794 at March 31, 2016 and December 31, 2015, respectively)	`AccountsReceivableNetCurrent`	$192.61M	USD	Point-in-time
Costs and recognized earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$39.31M	USD	Point-in-time
Costs and recognized earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$33.14M	USD	Point-in-time
Inventory	`InventoryNet`	$10.64M	USD	Point-in-time
Inventory	`InventoryNet`	$12.12M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	80.00M	shares	Point-in-time
Recoverable from reinsurers	`ReinsuranceRecoverables`	$526.25M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	80.00M	shares	Point-in-time
Recoverable from reinsurers	`ReinsuranceRecoverables`	$522.56M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$16.42M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	35.28M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	35.35M	shares	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$15.30M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$44.24M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	35.31M	shares	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$52.51M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	35.25M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$241.85M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$214.47M	USD	Point-in-time
Goodwill	`Goodwill`	$83.77M	USD	Point-in-time
Goodwill	`Goodwill`	$61.18M	USD	Point-in-time
Intangibles	`IntangibleAssetsNetExcludingGoodwill`	$37.54M	USD	Point-in-time
Intangibles	`IntangibleAssetsNetExcludingGoodwill`	$29.41M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$65.21M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$44.14M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$4.98M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$6.07M	USD	Point-in-time
Total assets	`Assets`	$2.76B	USD	Point-in-time
Total assets	`Assets`	$2.74B	USD	Point-in-time
Life, accident and health reserves	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$1.61B	USD	Point-in-time
Life, accident and health reserves	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$1.59B	USD	Point-in-time
Annuity reserves	`LiabilityForFuturePolicyBenefits`	$258.64M	USD	Point-in-time
Annuity reserves	`LiabilityForFuturePolicyBenefits`	$259.46M	USD	Point-in-time
Value of business acquired	`ValueOfBusinessAcquiredVOBA`	$-50.76M	USD	Point-in-time
Value of business acquired	`ValueOfBusinessAcquiredVOBA`	$-51.13M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndOtherAccruedLiabilities`	$225.39M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndOtherAccruedLiabilities`	$193.14M	USD	Point-in-time
Billings in excess of costs and recognized earnings on uncompleted contracts	`BillingsInExcessOfCostCurrent`	$21.20M	USD	Point-in-time
Billings in excess of costs and recognized earnings on uncompleted contracts	`BillingsInExcessOfCostCurrent`	$24.64M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilities`	$18.25M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilities`	$4.28M	USD	Point-in-time
Long-term obligations	`LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities`	$371.88M	USD	Point-in-time
Long-term obligations	`LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities`	$394.24M	USD	Point-in-time
Pension liability	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$22.98M	USD	Point-in-time
Pension liability	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$25.16M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$16.99M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$17.79M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.59B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.57B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $.001 par value - 20,000,000 shares authorized; Series A - 29,172 shares issued and outstanding at March 31, 2016 and December 31, 2015; Series A-1 - 10,000 shares issued and outstanding at March 31, 2016 and December 31, 2015; Series A-2 - 14,000 shares issued and outstanding at March 31, 2016 and December 31, 2015	`PreferredStockValue`	$52.67M	USD	Point-in-time
Preferred stock, $.001 par value - 20,000,000 shares authorized; Series A - 29,172 shares issued and outstanding at March 31, 2016 and December 31, 2015; Series A-1 - 10,000 shares issued and outstanding at March 31, 2016 and December 31, 2015; Series A-2 - 14,000 shares issued and outstanding at March 31, 2016 and December 31, 2015	`PreferredStockValue`	$52.62M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$3.09M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$3.12M	USD	Point-in-time
Total temporary equity	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$55.74M	USD	Point-in-time
Total temporary equity	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$55.76M	USD	Point-in-time
Common stock, $.001 par value - 80,000,000 shares authorized; 35,346,536 and 35,281,375 shares issued and 35,314,910 and 35,249,749 shares outstanding at March 31, 2016 and December 31, 2015, respectively	`CommonStockValue`	$35.00K	USD	Point-in-time
Common stock, $.001 par value - 80,000,000 shares authorized; 35,346,536 and 35,281,375 shares issued and 35,314,910 and 35,249,749 shares outstanding at March 31, 2016 and December 31, 2015, respectively	`CommonStockValue`	$35.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$209.48M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$211.71M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-79.73M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-110.19M	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$378.00K	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$378.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-14.94M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-35.38M	USD	Point-in-time
Total HC2 Holdings, Inc. stockholders equity before noncontrolling interest	`StockholdersEquity`	$94.03M	USD	Point-in-time
Total HC2 Holdings, Inc. stockholders equity before noncontrolling interest	`StockholdersEquity`	$86.24M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$28.70M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$23.49M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$104.39M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$117.52M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$96.52M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$114.94M	USD	Point-in-time
Total liabilities, temporary equity and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.76B	USD	Point-in-time
Total liabilities, temporary equity and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.74B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Services revenue	`SalesRevenueServicesNet`	$182.11M	USD	1 Quarter
Services revenue	`SalesRevenueServicesNet`	$73.72M	USD	1 Quarter
Sales revenue	`SalesRevenueGoodsNet`	$128.09M	USD	1 Quarter
Sales revenue	`SalesRevenueGoodsNet`	$120.50M	USD	1 Quarter
Life, accident and health earned premiums, net	`PremiumsEarnedNet`	-	USD	1 Quarter
Life, accident and health earned premiums, net	`PremiumsEarnedNet`	$19.93M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$14.08M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	-	USD	1 Quarter
Realized losses on investments	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	-	USD	1 Quarter
Realized losses on investments	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$-4.88M	USD	1 Quarter
Net revenue	`Revenues`	$331.74M	USD	1 Quarter
Net revenue	`Revenues`	$201.81M	USD	1 Quarter
Cost of revenue - services	`CostOfServices`	$61.92M	USD	1 Quarter
Cost of revenue - services	`CostOfServices`	$174.87M	USD	1 Quarter
Cost of revenue - sales	`CostOfGoodsSold`	$99.68M	USD	1 Quarter
Cost of revenue - sales	`CostOfGoodsSold`	$110.54M	USD	1 Quarter
Policy benefits, changes in reserves, and commissions	`PolicyBenefitsChangesinReservesandInsuranceCommissions`	$34.14M	USD	1 Quarter
Policy benefits, changes in reserves, and commissions	`PolicyBenefitsChangesinReservesandInsuranceCommissions`	-	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$23.51M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$36.30M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$5.25M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$5.60M	USD	1 Quarter
Loss on sale or disposal of assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-473.00K	USD	1 Quarter
Loss on sale or disposal of assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-887.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$351.48M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$201.70M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$112.00K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-19.73M	USD	1 Quarter
Interest expense	`InterestExpense`	$10.33M	USD	1 Quarter
Interest expense	`InterestExpense`	$8.70M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$110.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-227.00K	USD	1 Quarter
Loss from equity investees	`IncomeLossFromEquityMethodInvestments`	$-3.93M	USD	1 Quarter
Loss from equity investees	`IncomeLossFromEquityMethodInvestments`	$-2.69M	USD	1 Quarter
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-11.50M	USD	1 Quarter
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-33.88M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-2.54M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-6.01M	USD	1 Quarter
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-31.34M	USD	1 Quarter
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-5.49M	USD	1 Quarter
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-9.00K	USD	1 Quarter
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Net loss	`ProfitLoss`	$-5.50M	USD	1 Quarter
Net loss	`ProfitLoss`	$-31.34M	USD	1 Quarter
Less: Net income attributable to noncontrolling interest and redeemable noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$261.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interest and redeemable noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$880.00K	USD	1 Quarter
Net loss attributable to HC2 Holdings, Inc.	`NetIncomeLoss`	$-5.24M	USD	1 Quarter
Net loss attributable to HC2 Holdings, Inc.	`NetIncomeLoss`	$-30.46M	USD	1 Quarter
Less: Preferred stock dividends and accretion	`PreferredStockDividendsAndOtherAdjustments`	$1.07M	USD	1 Quarter
Less: Preferred stock dividends and accretion	`PreferredStockDividendsAndOtherAdjustments`	$1.09M	USD	1 Quarter
Net loss attributable to common stock and participating preferred stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-31.53M	USD	1 Quarter
Net loss attributable to common stock and participating preferred stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.33M	USD	1 Quarter
Loss from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.26	USD	1 Quarter
Loss from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.89	USD	1 Quarter
Loss from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Loss from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Net loss attributable to common stock and participating preferred stockholders (in dollars per share)	`EarningsPerShareBasic`	$-0.26	USD	1 Quarter
Net loss attributable to common stock and participating preferred stockholders (in dollars per share)	`EarningsPerShareBasic`	$-0.89	USD	1 Quarter
Loss from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.89	USD	1 Quarter
Loss from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.26	USD	1 Quarter
Loss from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Loss from discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Net loss attributable to common stock and participating preferred stockholders (in dollars per share)	`EarningsPerShareDiluted`	$-0.26	USD	1 Quarter
Net loss attributable to common stock and participating preferred stockholders (in dollars per share)	`EarningsPerShareDiluted`	$-0.89	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	24.15M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	35.26M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.26M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.15M	shares	1 Quarter

Cash Flow Statement 106 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-5.50M	USD	1 Quarter
Net loss	`ProfitLoss`	$-31.34M	USD	1 Quarter
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$95.00K	USD	1 Quarter
Provision for doubtful accounts receivable	`ProvisionForDoubtfulAccounts`	$112.00K	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$2.69M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$3.19M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.53M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.13M	USD	1 Quarter
Amortization of deferred financing costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$495.00K	USD	1 Quarter
Amortization of deferred financing costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$421.00K	USD	1 Quarter
Amortization of fixed maturities discount/premium	`AmortizationOfDebtDiscountPremium`	$3.36M	USD	1 Quarter
Amortization of fixed maturities discount/premium	`AmortizationOfDebtDiscountPremium`	-	USD	1 Quarter
(Gain) loss on sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-887.00K	USD	1 Quarter
(Gain) loss on sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-473.00K	USD	1 Quarter
Realized (gain) loss on investments	`RealizedInvestmentGainsLosses`	$-4.65M	USD	1 Quarter
Realized (gain) loss on investments	`RealizedInvestmentGainsLosses`	$515.00K	USD	1 Quarter
Unrealized (gain) loss on investments	`UnrealizedGainLossOnInvestments`	-	USD	1 Quarter
Unrealized (gain) loss on investments	`UnrealizedGainLossOnInvestments`	$1.58M	USD	1 Quarter
Impairment of investments	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	-	USD	1 Quarter
Impairment of investments	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$2.69M	USD	1 Quarter
Equity investment (income)/loss	`IncomeLossFromEquityMethodInvestments`	$-3.93M	USD	1 Quarter
Equity investment (income)/loss	`IncomeLossFromEquityMethodInvestments`	$-2.69M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-12.31M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-568.00K	USD	1 Quarter
Receipt of dividends from equity investees	`EquityMethodInvestmentDividendsOrDistributions`	-	USD	1 Quarter
Receipt of dividends from equity investees	`EquityMethodInvestmentDividendsOrDistributions`	$7.21M	USD	1 Quarter
Other	`ForeignCurrencyTransactionGainLossUnrealized`	$-2.37M	USD	1 Quarter
Other	`ForeignCurrencyTransactionGainLossUnrealized`	$-172.00K	USD	1 Quarter
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-18.90M	USD	1 Quarter
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$45.76M	USD	1 Quarter
(Increase) decrease in costs and recognized earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract`	$-3.47M	USD	1 Quarter
(Increase) decrease in costs and recognized earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract`	$-6.17M	USD	1 Quarter
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$-2.01M	USD	1 Quarter
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$2.35M	USD	1 Quarter
(Increase) decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.61M	USD	1 Quarter
(Increase) decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-18.70M	USD	1 Quarter
Increase (decrease) in life, accident and health reserves	`IncreaseDecreaseInInsuranceLiabilities`	-	USD	1 Quarter
Increase (decrease) in life, accident and health reserves	`IncreaseDecreaseInInsuranceLiabilities`	$20.91M	USD	1 Quarter
Increase (decrease) in accounts payable, current and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.46M	USD	1 Quarter
Increase (decrease) in accounts payable, current and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-42.32M	USD	1 Quarter
Increase (decrease) in billings in excess of costs and recognized earnings on uncompleted contracts	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$-10.12M	USD	1 Quarter
Increase (decrease) in billings in excess of costs and recognized earnings on uncompleted contracts	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$3.44M	USD	1 Quarter
Increase (decrease) in pension liability	`IncreaseDecreaseInPensionPlanObligations`	$-1.12M	USD	1 Quarter
Increase (decrease) in pension liability	`IncreaseDecreaseInPensionPlanObligations`	$-2.17M	USD	1 Quarter
Net change in cash due to operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-48.96M	USD	1 Quarter
Net change in cash due to operating activities	`NetCashProvidedByUsedInOperatingActivities`	$16.82M	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.51M	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.12M	USD	1 Quarter
Sale of property and equipment and other assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$998.00K	USD	1 Quarter
Sale of property and equipment and other assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$471.00K	USD	1 Quarter
Purchase of investments	`PaymentsToAcquireInvestments`	$18.56M	USD	1 Quarter
Purchase of investments	`PaymentsToAcquireInvestments`	$73.61M	USD	1 Quarter
Sale of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$1.03M	USD	1 Quarter
Sale of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$51.04M	USD	1 Quarter
Cash paid for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Cash paid for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$6.47M	USD	1 Quarter
Purchase of noncontrolling interest	`PaymentsToMinorityShareholders`	-	USD	1 Quarter
Purchase of noncontrolling interest	`PaymentsToMinorityShareholders`	$222.00K	USD	1 Quarter
Sale of controlling interest	`ProceedsFromMinorityShareholders`	$2.00M	USD	1 Quarter
Sale of controlling interest	`ProceedsFromMinorityShareholders`	-	USD	1 Quarter
(Increase) decrease in restricted cash	`IncreaseDecreaseInRestrictedCash`	$893.00K	USD	1 Quarter
(Increase) decrease in restricted cash	`IncreaseDecreaseInRestrictedCash`	$51.00K	USD	1 Quarter
Net change in cash due to investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-20.77M	USD	1 Quarter
Net change in cash due to investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-33.13M	USD	1 Quarter
Proceeds from long-term obligations	`ProceedsFromIssuanceOfLongTermDebt`	$2.36M	USD	1 Quarter
Proceeds from long-term obligations	`ProceedsFromIssuanceOfLongTermDebt`	$50.25M	USD	1 Quarter
Principal payments on long-term obligations	`RepaymentsOfLongTermDebt`	$2.54M	USD	1 Quarter
Principal payments on long-term obligations	`RepaymentsOfLongTermDebt`	$2.08M	USD	1 Quarter
Borrowings on line of credit, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$29.45M	USD	1 Quarter
Borrowings on line of credit, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$-618.00K	USD	1 Quarter
Payment of deferred financing costs	`PaymentOfFinancingAndStockIssuanceCosts`	-	USD	1 Quarter
Payment of deferred financing costs	`PaymentOfFinancingAndStockIssuanceCosts`	$1.14M	USD	1 Quarter
Annuity receipts	`ProceedsFromAnnuitiesAndInvestmentCertificates`	$785.00K	USD	1 Quarter
Annuity receipts	`ProceedsFromAnnuitiesAndInvestmentCertificates`	-	USD	1 Quarter
Annuity surrenders	`RepaymentsOfAnnuitiesAndInvestmentCertificates`	-	USD	1 Quarter
Annuity surrenders	`RepaymentsOfAnnuitiesAndInvestmentCertificates`	$5.15M	USD	1 Quarter
Proceeds from sale of preferred stock, net	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$14.03M	USD	1 Quarter
Proceeds from sale of preferred stock, net	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	1 Quarter
Payment of dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$1.01M	USD	1 Quarter
Payment of dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	-	USD	1 Quarter
Net change in cash due to financing activities	`NetCashProvidedByUsedInFinancingActivities`	$90.51M	USD	1 Quarter
Net change in cash due to financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.17M	USD	1 Quarter
Effects of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.55M	USD	1 Quarter
Effects of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$117.00K	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-20.92M	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$20.89M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$107.98M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$128.87M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$158.62M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$137.70M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$107.98M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$128.87M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$158.62M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$137.70M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$1.47M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$1.29M	USD	1 Quarter
Cash paid for taxes	`IncomeTaxesPaidNet`	$639.00K	USD	1 Quarter
Cash paid for taxes	`IncomeTaxesPaidNet`	$112.00K	USD	1 Quarter
Preferred stock dividends and accretion	`PreferredStockDividendsAndAccretionPaid`	$55.00K	USD	1 Quarter
Preferred stock dividends and accretion	`PreferredStockDividendsAndAccretionPaid`	$67.00K	USD	1 Quarter
Purchases of property, plant and equipment under financing arrangements	`CapitalLeaseObligationsIncurred`	$1.81M	USD	1 Quarter
Purchases of property, plant and equipment under financing arrangements	`CapitalLeaseObligationsIncurred`	-	USD	1 Quarter
Property, plant and equipment included in accounts payable	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	$946.00K	USD	1 Quarter
Property, plant and equipment included in accounts payable	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	$1.63M	USD	1 Quarter
Conversion of preferred stock to common stock	`ConversionOfStockAmountConverted1`	$500.00K	USD	1 Quarter
Conversion of preferred stock to common stock	`ConversionOfStockAmountConverted1`	-	USD	1 Quarter

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$104.39M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$117.52M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$96.52M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$114.94M	USD	Point-in-time
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.69M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.19M	USD	1 Quarter
Preferred stock dividends and accretion	`DividendsPreferredStockStock`	$1.01M	USD	1 Quarter
Preferred stock dividends and accretion	`DividendsPreferredStockStock`	$1.09M	USD	1 Quarter
Preferred stock beneficial conversion feature	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$-55.00K	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	-	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	-	USD	1 Quarter
Issuance of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$1.00K	USD	1 Quarter
Conversion of preferred stock to common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$500.00K	USD	1 Quarter
Acquisition of noncontrolling interest	`NoncontrollingInterestIncreaseFromBusinessCombination`	$-271.00K	USD	1 Quarter
Acquisition of noncontrolling interest	`NoncontrollingInterestIncreaseFromBusinessCombination`	$822.00K	USD	1 Quarter
Sale of controlling interest	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$5.34M	USD	1 Quarter
Excess book value over fair value of purchased noncontrolling interest	`IncreaseDecreaseinExcessofBookValueConsiderationOverFairValueofNoncontrollingInterestAcquired`	-	USD	1 Quarter
Excess book value over fair value of purchased noncontrolling interest	`IncreaseDecreaseinExcessofBookValueConsiderationOverFairValueofNoncontrollingInterestAcquired`	-	USD	1 Quarter
Excess fair value over book value of noncontrolling interest sold	`IncreaseDecreaseinExcessofBookValueConsiderationOverFairValueofNoncontrollingInterestAcquired`	-	USD	1 Quarter
Excess fair value over book value of noncontrolling interest sold	`IncreaseDecreaseinExcessofBookValueConsiderationOverFairValueofNoncontrollingInterestAcquired`	-	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-5.50M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-31.34M	USD	1 Quarter
Net income (loss) attributable to noncontrolling interest and redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$32.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.36M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.82M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$18.62M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$149.00K	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$104.39M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$117.52M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$96.52M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$114.94M	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-5.50M	USD	1 Quarter
Net loss	`ProfitLoss`	$-31.34M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.36M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.82M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$18.62M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$149.00K	USD	1 Quarter
Less: Comprehensive income attributable to the noncontrolling interest and redeemable noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-261.00K	USD	1 Quarter
Less: Comprehensive income attributable to the noncontrolling interest and redeemable noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-880.00K	USD	1 Quarter
Comprehensive loss attributable to HC2 Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$-9.45M	USD	1 Quarter
Comprehensive loss attributable to HC2 Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$-10.02M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.