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10-Q Filing

INNOVATE Corp. CIK: 1006837 Q1 2018
Filing Information
Form Type 10-Q
Accession Number 0001006837-18-000067
Period End Date 20180331
Filing Date 20180510
Fiscal Year 2018
Fiscal Period Q1
XBRL Instance hchc-20180510.xml
Balance Sheet 86 line items
Line Item Tag Value Unit Period
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 (in shares) CommonStockSharesAuthorized 80.00M shares Point-in-time
Common stock (in shares) CommonStockSharesAuthorized 80.00M shares Point-in-time
Fixed maturity securities, available-for-sale at fair value AvailableForSaleSecuritiesDebtSecurities $1.34B USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 44.97M shares Point-in-time
Fixed maturity securities, available-for-sale at fair value AvailableForSaleSecuritiesDebtSecurities $1.30B USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 44.57M shares Point-in-time
Equity securities EquitySecuritiesFvNi $47.50M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 44.19M shares Point-in-time
Equity securities EquitySecuritiesFvNi $80.21M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 44.53M shares Point-in-time
Treasury stock (in shares) TreasuryStockShares 379,178.00 shares Point-in-time
Treasury stock (in shares) TreasuryStockShares 444,654.00 shares Point-in-time
Mortgage loans MortgageLoansOnRealEstate $61.08M USD Point-in-time
Mortgage loans MortgageLoansOnRealEstate $52.11M USD Point-in-time
Policy loans PolicyLoansReceivable $17.81M USD Point-in-time
Policy loans PolicyLoansReceivable $17.94M USD Point-in-time
Other invested assets OtherInvestments $85.42M USD Point-in-time
Other invested assets OtherInvestments $81.73M USD Point-in-time
Total investments Investments $1.54B USD Point-in-time
Total investments Investments $1.54B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $127.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $115.37M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $92.07M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $97.89M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $322.45M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $327.51M USD Point-in-time
Recoverable from reinsurers ReinsuranceRecoverables $529.43M USD Point-in-time
Recoverable from reinsurers ReinsuranceRecoverables $526.34M USD Point-in-time
Deferred tax asset DeferredIncomeTaxAssetsNet $1.66M USD Point-in-time
Deferred tax asset DeferredIncomeTaxAssetsNet $951.00K USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $372.43M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $374.66M USD Point-in-time
Goodwill Goodwill $131.74M USD Point-in-time
Goodwill Goodwill $132.47M USD Point-in-time
Intangibles, net IntangibleAssetsNetExcludingGoodwill $117.11M USD Point-in-time
Intangibles, net IntangibleAssetsNetExcludingGoodwill $119.39M USD Point-in-time
Other assets OtherAssetsNoncurrent $102.26M USD Point-in-time
Other assets OtherAssetsNoncurrent $109.70M USD Point-in-time
Total assets Assets $3.23B USD Point-in-time
Total assets Assets $3.22B USD Point-in-time
Life, accident and health reserves LiabilityForClaimsAndClaimsAdjustmentExpense $1.71B USD Point-in-time
Life, accident and health reserves LiabilityForClaimsAndClaimsAdjustmentExpense $1.69B USD Point-in-time
Annuity reserves LiabilityForFuturePolicyBenefits $240.19M USD Point-in-time
Annuity reserves LiabilityForFuturePolicyBenefits $243.16M USD Point-in-time
Value of business acquired ValueOfBusinessAcquired $42.97M USD Point-in-time
Value of business acquired ValueOfBusinessAcquired $41.92M USD Point-in-time
Accounts payable and other current liabilities AccountsPayableAndOtherAccruedLiabilities $339.38M USD Point-in-time
Accounts payable and other current liabilities AccountsPayableAndOtherAccruedLiabilities $347.49M USD Point-in-time
Deferred tax liability DeferredIncomeTaxLiabilitiesNet $10.74M USD Point-in-time
Deferred tax liability DeferredIncomeTaxLiabilitiesNet $10.91M USD Point-in-time
Debt obligations LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities $593.17M USD Point-in-time
Debt obligations LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities $655.42M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $75.02M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $70.17M USD Point-in-time
Total liabilities Liabilities $3.07B USD Point-in-time
Total liabilities Liabilities $3.00B USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Preferred stock PreferredStockValue $26.31M USD Point-in-time
Preferred stock PreferredStockValue $26.30M USD Point-in-time
Redeemable noncontrolling interest RedeemableNoncontrollingInterestEquityCarryingAmount $1.61M USD Point-in-time
Redeemable noncontrolling interest RedeemableNoncontrollingInterestEquityCarryingAmount $3.19M USD Point-in-time
Total temporary equity TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $29.50M USD Point-in-time
Total temporary equity TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $27.91M USD Point-in-time
Common stock CommonStockValue $45.00K USD Point-in-time
Common stock CommonStockValue $44.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $254.69M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $253.09M USD Point-in-time
Treasury stock, at cost; 444,654 and 379,178 shares at March 31, 2018 and December 31, 2017, respectively TreasuryStockValue $2.43M USD Point-in-time
Treasury stock, at cost; 444,654 and 379,178 shares at March 31, 2018 and December 31, 2017, respectively TreasuryStockValue $2.06M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-221.19M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-252.22M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $15.87M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $41.69M USD Point-in-time
Total HC2 Holdings, Inc. stockholders equity StockholdersEquity $14.35M USD Point-in-time
Total HC2 Holdings, Inc. stockholders equity StockholdersEquity $73.17M USD Point-in-time
Noncontrolling interest MinorityInterest $114.95M USD Point-in-time
Noncontrolling interest MinorityInterest $111.95M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $188.12M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $126.30M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $67.44M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $66.46M USD Point-in-time
Total liabilities, temporary equity and stockholders equity LiabilitiesAndStockholdersEquity $3.23B USD Point-in-time
Total liabilities, temporary equity and stockholders equity LiabilitiesAndStockholdersEquity $3.22B USD Point-in-time
Income Statement 54 line items
Line Item Tag Value Unit Period
Revenue SegmentRevenue $354.54M USD 1 Quarter
Revenue SegmentRevenue $415.48M USD 1 Quarter
Life, accident and health earned premiums, net PremiumsEarnedNet $20.04M USD 1 Quarter
Life, accident and health earned premiums, net PremiumsEarnedNet $19.94M USD 1 Quarter
Net investment income NetInvestmentIncome $17.72M USD 1 Quarter
Net investment income NetInvestmentIncome $15.30M USD 1 Quarter
Net realized and unrealized gains on investments RealizedInvestmentGainsLosses $449.00K USD 1 Quarter
Net realized and unrealized gains on investments RealizedInvestmentGainsLosses $781.00K USD 1 Quarter
Net revenue Revenues $453.69M USD 1 Quarter
Net revenue Revenues $390.57M USD 1 Quarter
Cost of revenue CostOfRevenue $375.67M USD 1 Quarter
Cost of revenue CostOfRevenue $314.41M USD 1 Quarter
Policy benefits, changes in reserves, and commissions BusinessCombinationAcquisitionRelatedCostsAndPolicyholderBenefits $32.28M USD 1 Quarter
Policy benefits, changes in reserves, and commissions BusinessCombinationAcquisitionRelatedCostsAndPolicyholderBenefits $31.49M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $52.09M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $39.86M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $9.66M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $7.40M USD 1 Quarter
Other operating (income) expense, net OtherOperatingIncomeExpenseNet $2.25M USD 1 Quarter
Other operating (income) expense, net OtherOperatingIncomeExpenseNet $3.56M USD 1 Quarter
Total operating expenses OperatingExpenses $467.45M USD 1 Quarter
Total operating expenses OperatingExpenses $389.60M USD 1 Quarter
Income (loss) from operations OperatingIncomeLoss $-13.76M USD 1 Quarter
Income (loss) from operations OperatingIncomeLoss $972.00K USD 1 Quarter
Interest expense InterestExpense $14.12M USD 1 Quarter
Interest expense InterestExpense $19.32M USD 1 Quarter
Loss on contingent consideration BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $231.00K USD 1 Quarter
Loss on contingent consideration BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 - USD 1 Quarter
Income (loss) from equity investees IncomeLossFromEquityMethodInvestments $-5.23M USD 1 Quarter
Income (loss) from equity investees IncomeLossFromEquityMethodInvestments $7.69M USD 1 Quarter
Other income (expenses), net OtherNonoperatingIncomeExpense $-4.91M USD 1 Quarter
Other income (expenses), net OtherNonoperatingIncomeExpense $1.09M USD 1 Quarter
Loss from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-37.22M USD 1 Quarter
Loss from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-10.59M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $1.63M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $5.29M USD 1 Quarter
Net loss ProfitLoss $-15.88M USD 1 Quarter
Net loss ProfitLoss $-38.85M USD 1 Quarter
Less: Net loss attributable to noncontrolling interest and redeemable noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $-1.39M USD 1 Quarter
Less: Net loss attributable to noncontrolling interest and redeemable noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $-3.86M USD 1 Quarter
Net loss attributable to HC2 Holdings, Inc. NetIncomeLoss $-14.50M USD 1 Quarter
Net loss attributable to HC2 Holdings, Inc. NetIncomeLoss $-35.00M USD 1 Quarter
Less: Preferred stock and deemed dividends from conversions PreferredStockDividendsAndOtherAdjustments $703.00K USD 1 Quarter
Less: Preferred stock and deemed dividends from conversions PreferredStockDividendsAndOtherAdjustments $583.00K USD 1 Quarter
Net loss attributable to common stock and participating preferred stockholders NetIncomeLossAvailableToCommonStockholdersBasic $-35.70M USD 1 Quarter
Net loss attributable to common stock and participating preferred stockholders NetIncomeLossAvailableToCommonStockholdersBasic $-15.08M USD 1 Quarter
Basic (in usd per share) EarningsPerShareBasic $-0.36 USD 1 Quarter
Basic (in usd per share) EarningsPerShareBasic $-0.81 USD 1 Quarter
Diluted (in usd per share) EarningsPerShareDiluted $-0.81 USD 1 Quarter
Diluted (in usd per share) EarningsPerShareDiluted $-0.36 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 41.95M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 44.28M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 44.28M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 41.95M shares 1 Quarter
Cash Flow Statement 114 line items
Line Item Tag Value Unit Period
Net loss ProfitLoss $-15.88M USD 1 Quarter
Net loss ProfitLoss $-38.85M USD 1 Quarter
Provision for doubtful accounts receivable ProvisionForDoubtfulAccounts $-250.00K USD 1 Quarter
Provision for doubtful accounts receivable ProvisionForDoubtfulAccounts $-411.00K USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $1.52M USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $1.09M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $11.25M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $8.64M USD 1 Quarter
Amortization of deferred financing costs and debt discount AmortizationOfDeferredFinancingCosts $3.99M USD 1 Quarter
Amortization of deferred financing costs and debt discount AmortizationOfDeferredFinancingCosts $2.71M USD 1 Quarter
Amortization of (discount) premium on investments AmortizationOfDebtDiscountPremium $1.14M USD 1 Quarter
Amortization of (discount) premium on investments AmortizationOfDebtDiscountPremium $2.83M USD 1 Quarter
Gain on sale or disposal of assets GainLossOnDispositionOfAssets $2.25M USD 1 Quarter
Gain on sale or disposal of assets GainLossOnDispositionOfAssets $3.75M USD 1 Quarter
(Income) loss from equity investees IncomeLossFromEquityMethodInvestments $-5.23M USD 1 Quarter
(Income) loss from equity investees IncomeLossFromEquityMethodInvestments $7.69M USD 1 Quarter
Impairment of investments OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet $3.27M USD 1 Quarter
Impairment of investments OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet - USD 1 Quarter
Net realized and unrealized gains on investments MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments $497.00K USD 1 Quarter
Net realized and unrealized gains on investments MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments $368.00K USD 1 Quarter
Loss on contingent consideration BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $231.00K USD 1 Quarter
Loss on contingent consideration BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 - USD 1 Quarter
Receipt of dividends from equity investees EquityMethodInvestmentDividendsOrDistributions $1.58M USD 1 Quarter
Receipt of dividends from equity investees EquityMethodInvestmentDividendsOrDistributions $917.00K USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $971.00K USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-4.44M USD 1 Quarter
Annuity benefits AnnuityBenefits $2.17M USD 1 Quarter
Annuity benefits AnnuityBenefits $2.10M USD 1 Quarter
Other operating activities OtherNoncashIncomeExpense $-203.00K USD 1 Quarter
Other operating activities OtherNoncashIncomeExpense $-718.00K USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $1.89M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-40.32M USD 1 Quarter
Recoverable from reinsurers IncreaseDecreaseinRecoverableFromReinsurers $3.09M USD 1 Quarter
Recoverable from reinsurers IncreaseDecreaseinRecoverableFromReinsurers $644.00K USD 1 Quarter
Other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $5.13M USD 1 Quarter
Other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $6.12M USD 1 Quarter
Life, accident and health reserves IncreaseDecreaseInInsuranceLiabilities $14.64M USD 1 Quarter
Life, accident and health reserves IncreaseDecreaseInInsuranceLiabilities $18.22M USD 1 Quarter
Accounts payable and other current liabilities IncreaseDecreaseInAccountsPayable $16.44M USD 1 Quarter
Accounts payable and other current liabilities IncreaseDecreaseInAccountsPayable $4.66M USD 1 Quarter
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $6.38M USD 1 Quarter
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-26.37M USD 1 Quarter
Cash provided by operating activities: NetCashProvidedByUsedInOperatingActivities $32.78M USD 1 Quarter
Cash provided by operating activities: NetCashProvidedByUsedInOperatingActivities $798.00K USD 1 Quarter
Purchase of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $9.24M USD 1 Quarter
Purchase of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $9.41M USD 1 Quarter
Disposal of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $161.00K USD 1 Quarter
Disposal of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $3.47M USD 1 Quarter
Purchase of investments PaymentsToAcquireInvestments $56.64M USD 1 Quarter
Purchase of investments PaymentsToAcquireInvestments $106.84M USD 1 Quarter
Sale of investments PaymentsForProceedsFromInvestments $-23.07M USD 1 Quarter
Sale of investments PaymentsForProceedsFromInvestments $-73.44M USD 1 Quarter
Maturities and redemptions of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $24.09M USD 1 Quarter
Maturities and redemptions of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $21.56M USD 1 Quarter
Purchase of equity method investments PaymentsToAcquireEquityMethodInvestments - USD 1 Quarter
Purchase of equity method investments PaymentsToAcquireEquityMethodInvestments $10.20M 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 $37.53M USD 1 Quarter
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $1.52M USD 1 Quarter
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $-151.00K USD 1 Quarter
Cash used in investing activities: NetCashProvidedByUsedInInvestingActivities $-28.77M USD 1 Quarter
Cash used in investing activities: NetCashProvidedByUsedInInvestingActivities $-56.69M USD 1 Quarter
Proceeds from debt obligations ProceedsFromIssuanceOfLongTermDebt $53.66M USD 1 Quarter
Proceeds from debt obligations ProceedsFromIssuanceOfLongTermDebt $61.48M USD 1 Quarter
Principal payments on debt obligations RepaymentsOfLongTermDebt $40.66M USD 1 Quarter
Principal payments on debt obligations RepaymentsOfLongTermDebt $5.43M USD 1 Quarter
Annuity receipts ProceedsFromAnnuitiesAndInvestmentCertificates $873.00K USD 1 Quarter
Annuity receipts ProceedsFromAnnuitiesAndInvestmentCertificates $682.00K USD 1 Quarter
Annuity surrenders RepaymentsOfAnnuitiesAndInvestmentCertificates $6.27M USD 1 Quarter
Annuity surrenders RepaymentsOfAnnuitiesAndInvestmentCertificates $5.67M USD 1 Quarter
Transactions with noncontrolling interest ProceedsFromPaymentsToMinorityShareholders $331.00K USD 1 Quarter
Transactions with noncontrolling interest ProceedsFromPaymentsToMinorityShareholders $-183.00K USD 1 Quarter
Payment of dividends PaymentsOfDividendsPreferredStockAndPreferenceStock $1.32M USD 1 Quarter
Payment of dividends PaymentsOfDividendsPreferredStockAndPreferenceStock $500.00K USD 1 Quarter
Taxes paid in lieu of shares issued for share-based compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation $382.00K USD 1 Quarter
Taxes paid in lieu of shares issued for share-based compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation $581.00K USD 1 Quarter
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $464.00K USD 1 Quarter
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-805.00K USD 1 Quarter
Cash provided by financing activities: NetCashProvidedByUsedInFinancingActivities $49.19M USD 1 Quarter
Cash provided by financing activities: NetCashProvidedByUsedInFinancingActivities $6.49M USD 1 Quarter
Effects of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.14M USD 1 Quarter
Effects of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $763.00K USD 1 Quarter
Net change in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $11.63M USD 1 Quarter
Net change in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-5.93M USD 1 Quarter
Cash and cash equivalents and restricted cash, beginning of period (a) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $92.92M USD Point-in-time
Cash and cash equivalents and restricted cash, beginning of period (a) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $98.85M USD Point-in-time
Cash and cash equivalents and restricted cash, beginning of period (a) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $127.50M USD Point-in-time
Cash and cash equivalents and restricted cash, beginning of period (a) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $115.87M USD Point-in-time
Total cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $92.92M USD Point-in-time
Total cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $98.85M USD Point-in-time
Total cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $127.50M USD Point-in-time
Total cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $115.87M USD Point-in-time
Cash paid for interest InterestPaidNet $1.46M USD 1 Quarter
Cash paid for interest InterestPaidNet $4.42M USD 1 Quarter
Cash paid for taxes IncomeTaxesPaidNet $148.00K USD 1 Quarter
Cash paid for taxes IncomeTaxesPaidNet $264.00K USD 1 Quarter
Property, plant and equipment included in accounts payable NoncashOrPartNoncashAcquisitionPayablesAssumed1 $1.39M USD 1 Quarter
Property, plant and equipment included in accounts payable NoncashOrPartNoncashAcquisitionPayablesAssumed1 $740.00K USD 1 Quarter
Investments included in accounts payable IncreaseDecreaseinAccountsPayableInvestments $10.32M USD 1 Quarter
Investments included in accounts payable IncreaseDecreaseinAccountsPayableInvestments $24.24M USD 1 Quarter
Dividends payable to shareholders PaymentsOfDividends $500.00K USD 1 Quarter
Dividends payable to shareholders PaymentsOfDividends $563.00K USD 1 Quarter
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $127.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $115.37M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $92.07M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $97.89M USD Point-in-time
Restricted cash included in other assets RestrictedCashAndCashEquivalents $968.00K USD Point-in-time
Restricted cash included in other assets RestrictedCashAndCashEquivalents $848.00K USD Point-in-time
Restricted cash included in other assets RestrictedCashAndCashEquivalents $498.00K USD Point-in-time
Restricted cash included in other assets RestrictedCashAndCashEquivalents $495.00K USD Point-in-time
Total cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $92.92M USD Point-in-time
Total cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $98.85M USD Point-in-time
Total cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $127.50M USD Point-in-time
Total cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $115.87M USD Point-in-time
Stockholders Equity 30 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $188.12M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $126.30M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $67.44M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $66.46M USD Point-in-time
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $2.59M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.55M USD 1 Quarter
Fair value adjustment of redeemable noncontrolling interest IncreaseInCarryingAmountOfRedeemablePreferredStock $2.44M USD 1 Quarter
Fair value adjustment of redeemable noncontrolling interest IncreaseInCarryingAmountOfRedeemablePreferredStock $275.00K USD 1 Quarter
Exercise of stock options (in shares) StockIssuedDuringPeriodSharesStockOptionsExercised 22,638.00 shares 1 Quarter
Exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $462.00K USD 1 Quarter
Exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $-6.00K USD 1 Quarter
Taxes paid in lieu of shares issued for share-based compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $581.00K USD 1 Quarter
Taxes paid in lieu of shares issued for share-based compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $376.00K USD 1 Quarter
Preferred stock dividend and accretion DividendsPreferredStockStock $500.00K USD 1 Quarter
Preferred stock dividend and accretion DividendsPreferredStockStock $563.00K USD 1 Quarter
Amortization of issuance costs and beneficial conversion feature AdjustmentsToAdditionalPaidInCapitalOther $-15.00K USD 1 Quarter
Amortization of issuance costs and beneficial conversion feature AdjustmentsToAdditionalPaidInCapitalOther $-20.00K USD 1 Quarter
Issuance of common stock StockIssuedDuringPeriodValueNewIssues $1.00K USD 1 Quarter
Issuance of common stock StockIssuedDuringPeriodValueNewIssues $16.00K USD 1 Quarter
Transactions with noncontrolling interests MinorityInterestDecreaseFromRedemptions $183.00K USD 1 Quarter
Net loss ProfitLoss $-15.88M USD 1 Quarter
Net loss ProfitLoss $-38.85M USD 1 Quarter
Net loss NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingTemporaryEquity $-37.99M USD 1 Quarter
Net loss NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingTemporaryEquity $-15.71M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $-24.16M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $13.10M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $188.12M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $126.30M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $67.44M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $66.46M USD Point-in-time
Comprehensive Income 14 line items
Line Item Tag Value Unit Period
Net loss ProfitLoss $-15.88M USD 1 Quarter
Net loss ProfitLoss $-38.85M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $1.12M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $4.50M USD 1 Quarter
Unrealized gain (loss) on available-for-sale securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-28.66M USD 1 Quarter
Unrealized gain (loss) on available-for-sale securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $11.98M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-24.16M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $13.10M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-63.01M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-2.78M USD 1 Quarter
Less: Net loss attributable to noncontrolling interest and redeemable noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-1.39M USD 1 Quarter
Less: Net loss attributable to noncontrolling interest and redeemable noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-3.86M USD 1 Quarter
Comprehensive loss attributable to HC2 Holdings, Inc. ComprehensiveIncomeNetOfTax $-59.15M USD 1 Quarter
Comprehensive loss attributable to HC2 Holdings, Inc. ComprehensiveIncomeNetOfTax $-1.40M USD 1 Quarter

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

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