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10-Q Filing

INNOVATE Corp. CIK: 1006837 Q2 2019
Filing Information
Form Type 10-Q
Accession Number 0001006837-19-000081
Period End Date 20190630
Filing Date 20190808
Fiscal Year 2019
Fiscal Period Q2
XBRL Instance hchc-20190630.xml
Balance Sheet 88 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 $3.81B USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 45.39M shares Point-in-time
Fixed maturity securities, available-for-sale at fair value AvailableForSaleSecuritiesDebtSecurities $3.39B USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 46.48M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 44.91M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 45.78M shares Point-in-time
Equity securities EquitySecuritiesFvNi $200.50M USD Point-in-time
Equity securities EquitySecuritiesFvNi $143.20M USD Point-in-time
Treasury stock (in shares) TreasuryStockShares 483,579.00 shares Point-in-time
Mortgage loans MortgageLoansOnRealEstate $151.80M USD Point-in-time
Treasury stock (in shares) TreasuryStockShares 703,915.00 shares Point-in-time
Mortgage loans MortgageLoansOnRealEstate $137.60M USD Point-in-time
Policy loans PolicyLoansReceivable $19.80M USD Point-in-time
Policy loans PolicyLoansReceivable $19.40M USD Point-in-time
Other invested assets OtherInvestments $72.50M USD Point-in-time
Other invested assets OtherInvestments $71.10M USD Point-in-time
Total investments Investments $4.20B USD Point-in-time
Total investments Investments $3.82B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $280.40M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $325.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $112.30M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $97.90M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $350.70M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $379.20M USD Point-in-time
Recoverable from reinsurers ReinsuranceRecoverables $961.40M USD Point-in-time
Recoverable from reinsurers ReinsuranceRecoverables $1.00B USD Point-in-time
Deferred tax asset DeferredIncomeTaxAssetsNet $2.30M USD Point-in-time
Deferred tax asset DeferredIncomeTaxAssetsNet $2.10M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $416.40M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $376.30M USD Point-in-time
Goodwill Goodwill $178.40M USD Point-in-time
Goodwill Goodwill $171.70M USD Point-in-time
Intangibles, net IntangibleAssetsNetExcludingGoodwill $219.20M USD Point-in-time
Intangibles, net IntangibleAssetsNetExcludingGoodwill $224.90M USD Point-in-time
Other assets OtherAssetsNoncurrent $270.60M USD Point-in-time
Other assets OtherAssetsNoncurrent $208.10M USD Point-in-time
Total assets Assets $6.50B USD Point-in-time
Total assets Assets $6.88B USD Point-in-time
Life, accident and health reserves LiabilityForClaimsAndClaimsAdjustmentExpense $4.54B USD Point-in-time
Life, accident and health reserves LiabilityForClaimsAndClaimsAdjustmentExpense $4.56B USD Point-in-time
Annuity reserves LiabilityForFuturePolicyBenefits $238.80M USD Point-in-time
Annuity reserves LiabilityForFuturePolicyBenefits $245.20M USD Point-in-time
Value of business acquired ValueOfBusinessAcquired $231.90M USD Point-in-time
Value of business acquired ValueOfBusinessAcquired $244.60M USD Point-in-time
Accounts payable and other current liabilities AccountsPayableAndOtherAccruedLiabilities $338.50M USD Point-in-time
Accounts payable and other current liabilities AccountsPayableAndOtherAccruedLiabilities $344.90M USD Point-in-time
Deferred tax liability DeferredIncomeTaxLiabilitiesNet $30.30M USD Point-in-time
Deferred tax liability DeferredIncomeTaxLiabilitiesNet $59.90M USD Point-in-time
Debt obligations LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities $743.90M USD Point-in-time
Debt obligations LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities $828.20M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $197.90M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $110.80M USD Point-in-time
Total liabilities Liabilities $6.43B USD Point-in-time
Total liabilities Liabilities $6.28B USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Preferred stock PreferredStockValue $20.30M USD Point-in-time
Preferred stock PreferredStockValue $10.30M USD Point-in-time
Redeemable noncontrolling interest RedeemableNoncontrollingInterestEquityCarryingAmount $8.00M USD Point-in-time
Redeemable noncontrolling interest RedeemableNoncontrollingInterestEquityCarryingAmount $10.30M USD Point-in-time
Total temporary equity TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $20.60M USD Point-in-time
Total temporary equity TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $28.30M USD Point-in-time
Common stock CommonStockValue - USD Point-in-time
Common stock CommonStockValue - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $260.50M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $270.90M USD Point-in-time
Treasury stock, at cost: 703,915 and 483,579 shares at June 30, 2019 and December 31, 2018, respectively TreasuryStockValue $3.20M USD Point-in-time
Treasury stock, at cost: 703,915 and 483,579 shares at June 30, 2019 and December 31, 2018, respectively TreasuryStockValue $2.60M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-57.20M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-54.90M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-112.60M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $117.10M USD Point-in-time
Total HC2 Holdings, Inc. stockholders equity StockholdersEquity $88.10M USD Point-in-time
Total HC2 Holdings, Inc. stockholders equity StockholdersEquity $329.90M USD Point-in-time
Noncontrolling interest MinorityInterest $100.90M USD Point-in-time
Noncontrolling interest MinorityInterest $105.60M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $430.80M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $160.60M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $126.30M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $332.20M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $188.10M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $193.70M USD Point-in-time
Total liabilities, temporary equity and stockholders equity LiabilitiesAndStockholdersEquity $6.88B USD Point-in-time
Total liabilities, temporary equity and stockholders equity LiabilitiesAndStockholdersEquity $6.50B USD Point-in-time
Income Statement 112 line items
Line Item Tag Value Unit Period
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $870.50M USD 2 Qtrs
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $844.80M USD 2 Qtrs
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $455.00M USD 1 Quarter
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $439.90M USD 1 Quarter
Life, accident and health earned premiums, net PremiumsEarnedNet $59.80M USD 2 Qtrs
Life, accident and health earned premiums, net PremiumsEarnedNet $29.90M USD 1 Quarter
Life, accident and health earned premiums, net PremiumsEarnedNet $39.90M USD 2 Qtrs
Life, accident and health earned premiums, net PremiumsEarnedNet $19.90M USD 1 Quarter
Net investment income NetInvestmentIncome $37.10M USD 2 Qtrs
Net investment income NetInvestmentIncome $50.30M USD 1 Quarter
Net investment income NetInvestmentIncome $101.40M USD 2 Qtrs
Net investment income NetInvestmentIncome $19.40M USD 1 Quarter
Net realized and unrealized gains (losses) on investments RealizedInvestmentGainsLosses $-1.50M USD 1 Quarter
Net realized and unrealized gains (losses) on investments RealizedInvestmentGainsLosses $4.00M USD 2 Qtrs
Net realized and unrealized gains (losses) on investments RealizedInvestmentGainsLosses $2.50M USD 1 Quarter
Net realized and unrealized gains (losses) on investments RealizedInvestmentGainsLosses $3.00M USD 2 Qtrs
Net revenue Revenues $518.60M USD 1 Quarter
Net revenue Revenues $950.50M USD 2 Qtrs
Net revenue Revenues $1.01B USD 2 Qtrs
Net revenue Revenues $496.80M USD 1 Quarter
Cost of revenue CostOfRevenue $381.20M USD 1 Quarter
Cost of revenue CostOfRevenue $400.60M USD 1 Quarter
Cost of revenue CostOfRevenue $776.30M USD 2 Qtrs
Cost of revenue CostOfRevenue $738.90M USD 2 Qtrs
Policy benefits, changes in reserves, and commissions BusinessCombinationAcquisitionRelatedCostsAndPolicyholderBenefits $67.70M USD 2 Qtrs
Policy benefits, changes in reserves, and commissions BusinessCombinationAcquisitionRelatedCostsAndPolicyholderBenefits $48.00M USD 1 Quarter
Policy benefits, changes in reserves, and commissions BusinessCombinationAcquisitionRelatedCostsAndPolicyholderBenefits $100.70M USD 2 Qtrs
Policy benefits, changes in reserves, and commissions BusinessCombinationAcquisitionRelatedCostsAndPolicyholderBenefits $35.40M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $52.10M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $57.10M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $109.10M USD 2 Qtrs
Selling, general and administrative SellingGeneralAndAdministrativeExpense $105.00M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $18.70M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $9.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $14.50M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $7.60M USD 1 Quarter
Other operating (income) expenses OtherOperatingIncomeExpenseNet $2.00M USD 2 Qtrs
Other operating (income) expenses OtherOperatingIncomeExpenseNet $1.20M USD 1 Quarter
Other operating (income) expenses OtherOperatingIncomeExpenseNet $1.60M USD 2 Qtrs
Other operating (income) expenses OtherOperatingIncomeExpenseNet $-200.00K USD 1 Quarter
Total operating expenses OperatingExpenses $957.50M USD 2 Qtrs
Total operating expenses OperatingExpenses $502.30M USD 1 Quarter
Total operating expenses OperatingExpenses $969.80M USD 2 Qtrs
Total operating expenses OperatingExpenses $487.70M USD 1 Quarter
Income (loss) from operations OperatingIncomeLoss $52.50M USD 2 Qtrs
Income (loss) from operations OperatingIncomeLoss $30.90M USD 1 Quarter
Income (loss) from operations OperatingIncomeLoss $-5.50M USD 1 Quarter
Income (loss) from operations OperatingIncomeLoss $-19.30M USD 2 Qtrs
Interest expense InterestExpense $23.00M USD 1 Quarter
Interest expense InterestExpense $45.30M USD 2 Qtrs
Interest expense InterestExpense $36.50M USD 2 Qtrs
Interest expense InterestExpense $17.20M USD 1 Quarter
Gain on sale and deconsolidation of subsidiary GainOrLossOnSaleOfStockInSubsidiary $102.10M USD 2 Qtrs
Gain on sale and deconsolidation of subsidiary GainOrLossOnSaleOfStockInSubsidiary - USD 2 Qtrs
Gain on sale and deconsolidation of subsidiary GainOrLossOnSaleOfStockInSubsidiary $102.10M USD 1 Quarter
Gain on sale and deconsolidation of subsidiary GainOrLossOnSaleOfStockInSubsidiary - USD 1 Quarter
Income from equity investees IncomeLossFromEquityMethodInvestments $1.20M USD 2 Qtrs
Income from equity investees IncomeLossFromEquityMethodInvestments $6.10M USD 1 Quarter
Income from equity investees IncomeLossFromEquityMethodInvestments $5.50M USD 2 Qtrs
Income from equity investees IncomeLossFromEquityMethodInvestments $10.70M USD 1 Quarter
Gain on bargain purchase BusinessCombinationBargainPurchaseGainRecognizedAmount $1.10M USD 1 Quarter
Gain on bargain purchase BusinessCombinationBargainPurchaseGainRecognizedAmount $1.10M USD 2 Qtrs
Gain on bargain purchase BusinessCombinationBargainPurchaseGainRecognizedAmount - USD 2 Qtrs
Gain on bargain purchase BusinessCombinationBargainPurchaseGainRecognizedAmount - USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $200.00K USD 2 Qtrs
Other income (expense), net OtherNonoperatingIncomeExpense $-4.70M USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $-1.40M USD 2 Qtrs
Other income (expense), net OtherNonoperatingIncomeExpense $-900.00K USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $8.10M USD 2 Qtrs
Income from continuing operations IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $52.00M USD 2 Qtrs
Income from continuing operations IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $89.20M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $10.40M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $5.20M USD 2 Qtrs
Income tax expense IncomeTaxExpenseBenefit $1.20M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $9.40M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $11.10M USD 2 Qtrs
Net income ProfitLoss $9.20M USD 1 Quarter
Net income ProfitLoss $79.80M USD 1 Quarter
Net income ProfitLoss $40.90M USD 2 Qtrs
Net income ProfitLoss $2.90M USD 2 Qtrs
Less: Net (income) loss attributable to noncontrolling interest and redeemable noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $-200.00K USD 1 Quarter
Less: Net (income) loss attributable to noncontrolling interest and redeemable noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $20.50M USD 2 Qtrs
Less: Net (income) loss attributable to noncontrolling interest and redeemable noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $-3.70M USD 2 Qtrs
Less: Net (income) loss attributable to noncontrolling interest and redeemable noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $24.40M USD 1 Quarter
Net income attributable to HC2 Holdings, Inc. NetIncomeLoss $20.40M USD 2 Qtrs
Net income attributable to HC2 Holdings, Inc. NetIncomeLoss $55.40M USD 1 Quarter
Net income attributable to HC2 Holdings, Inc. NetIncomeLoss $6.60M USD 2 Qtrs
Net income attributable to HC2 Holdings, Inc. NetIncomeLoss $9.40M USD 1 Quarter
Less: Preferred dividends, deemed dividends, and repurchase gains PreferredStockDividendsAndOtherAdjustments $700.00K USD 1 Quarter
Less: Preferred dividends, deemed dividends, and repurchase gains PreferredStockDividendsAndOtherAdjustments $1.40M USD 2 Qtrs
Less: Preferred dividends, deemed dividends, and repurchase gains PreferredStockDividendsAndOtherAdjustments $400.00K USD 1 Quarter
Less: Preferred dividends, deemed dividends, and repurchase gains PreferredStockDividendsAndOtherAdjustments $-800.00K USD 2 Qtrs
Net income attributable to common stock and participating preferred stockholders NetIncomeLossAvailableToCommonStockholdersBasic $9.00M USD 1 Quarter
Net income attributable to common stock and participating preferred stockholders NetIncomeLossAvailableToCommonStockholdersBasic $19.00M USD 2 Qtrs
Net income attributable to common stock and participating preferred stockholders NetIncomeLossAvailableToCommonStockholdersBasic $7.40M USD 2 Qtrs
Net income attributable to common stock and participating preferred stockholders NetIncomeLossAvailableToCommonStockholdersBasic $54.70M USD 1 Quarter
Basic (in usd per share) IncomeLossFromContinuingOperationsPerBasicShare $0.39 USD 2 Qtrs
Basic (in usd per share) IncomeLossFromContinuingOperationsPerBasicShare $1.11 USD 1 Quarter
Basic (in usd per share) IncomeLossFromContinuingOperationsPerBasicShare $0.19 USD 1 Quarter
Basic (in usd per share) IncomeLossFromContinuingOperationsPerBasicShare $0.15 USD 2 Qtrs
Diluted (in usd per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.08 USD 2 Qtrs
Diluted (in usd per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.12 USD 1 Quarter
Diluted (in usd per share) IncomeLossFromContinuingOperationsPerDilutedShare $1.08 USD 1 Quarter
Diluted (in usd per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.38 USD 2 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 45.20M shares 2 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 44.20M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 45.60M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 44.10M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 45.50M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 59.90M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 45.30M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 58.10M shares 1 Quarter
Cash Flow Statement 108 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $9.20M USD 1 Quarter
Net income ProfitLoss $79.80M USD 1 Quarter
Net income ProfitLoss $40.90M USD 2 Qtrs
Net income ProfitLoss $2.90M USD 2 Qtrs
Provision for doubtful accounts receivable ProvisionForDoubtfulAccounts $400.00K USD 2 Qtrs
Provision for doubtful accounts receivable ProvisionForDoubtfulAccounts $800.00K USD 2 Qtrs
Share-based compensation expense ShareBasedCompensation $4.80M USD 2 Qtrs
Share-based compensation expense ShareBasedCompensation $3.80M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $19.00M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $22.00M USD 2 Qtrs
Amortization of deferred financing costs and debt discount AmortizationOfDeferredFinancingCosts $4.70M USD 2 Qtrs
Amortization of deferred financing costs and debt discount AmortizationOfDeferredFinancingCosts $6.20M USD 2 Qtrs
Amortization of (discount) premium on investments AmortizationOfDebtDiscountPremium $2.40M USD 2 Qtrs
Amortization of (discount) premium on investments AmortizationOfDebtDiscountPremium $3.90M USD 2 Qtrs
Gain on embedded derivative GainLossOnEmbeddedDerivative - USD 2 Qtrs
Gain on embedded derivative GainLossOnEmbeddedDerivative $5.60M USD 2 Qtrs
Gain on sale or disposal of assets GainLossOnDispositionOfAssets $2.40M USD 2 Qtrs
Gain on sale or disposal of assets GainLossOnDispositionOfAssets $800.00K USD 2 Qtrs
Gain on sale or disposal of a subsidiary GainOrLossOnSaleOfStockInSubsidiary $102.10M USD 2 Qtrs
Gain on sale or disposal of a subsidiary GainOrLossOnSaleOfStockInSubsidiary - USD 2 Qtrs
Gain on sale or disposal of a subsidiary GainOrLossOnSaleOfStockInSubsidiary $102.10M USD 1 Quarter
Gain on sale or disposal of a subsidiary GainOrLossOnSaleOfStockInSubsidiary - USD 1 Quarter
Income from equity investees IncomeLossFromEquityMethodInvestments $1.20M USD 2 Qtrs
Income from equity investees IncomeLossFromEquityMethodInvestments $6.10M USD 1 Quarter
Income from equity investees IncomeLossFromEquityMethodInvestments $5.50M USD 2 Qtrs
Income from equity investees IncomeLossFromEquityMethodInvestments $10.70M USD 1 Quarter
Net realized and unrealized gains on investments MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments $3.00M USD 2 Qtrs
Net realized and unrealized gains on investments MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments $3.50M USD 2 Qtrs
Receipt of dividends from equity investees EquityMethodInvestmentDividendsOrDistributions $7.60M USD 2 Qtrs
Receipt of dividends from equity investees EquityMethodInvestmentDividendsOrDistributions $3.10M USD 2 Qtrs
Annuity benefits AnnuityBenefits $2.90M USD 2 Qtrs
Annuity benefits AnnuityBenefits $4.20M USD 2 Qtrs
Other operating activities OtherNoncashIncomeExpense $-2.90M USD 2 Qtrs
Other operating activities OtherNoncashIncomeExpense $-1.90M USD 2 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $23.10M USD 2 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $-41.50M USD 2 Qtrs
Recoverable from reinsurers IncreaseDecreaseinRecoverableFromReinsurers $-200.00K USD 2 Qtrs
Recoverable from reinsurers IncreaseDecreaseinRecoverableFromReinsurers $4.90M USD 2 Qtrs
Other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $5.10M USD 2 Qtrs
Other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $21.40M USD 2 Qtrs
Life, accident and health reserves IncreaseDecreaseInInsuranceLiabilities $12.90M USD 2 Qtrs
Life, accident and health reserves IncreaseDecreaseInInsuranceLiabilities $34.10M USD 2 Qtrs
Accounts payable and other current liabilities IncreaseDecreaseInAccountsPayable $-9.70M USD 2 Qtrs
Accounts payable and other current liabilities IncreaseDecreaseInAccountsPayable $-28.40M USD 2 Qtrs
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $12.00M USD 2 Qtrs
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-22.80M USD 2 Qtrs
Cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $36.80M USD 2 Qtrs
Cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-41.20M USD 2 Qtrs
Purchase of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $19.20M USD 2 Qtrs
Purchase of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $20.20M USD 2 Qtrs
Disposal of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $3.50M USD 2 Qtrs
Disposal of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $3.70M USD 2 Qtrs
Purchase of investments PaymentsToAcquireInvestments $575.30M USD 2 Qtrs
Purchase of investments PaymentsToAcquireInvestments $207.50M USD 2 Qtrs
Sale of investments PaymentsForProceedsFromInvestments $-155.50M USD 2 Qtrs
Sale of investments PaymentsForProceedsFromInvestments $-449.30M USD 2 Qtrs
Maturities and redemptions of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $40.00M USD 2 Qtrs
Maturities and redemptions of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $37.20M USD 2 Qtrs
Cash received from dispositions, net ProceedsFromDivestitureOfBusinessesNetOfCashDivested $93.30M USD 2 Qtrs
Cash received from dispositions, net ProceedsFromDivestitureOfBusinessesNetOfCashDivested - USD 2 Qtrs
Cash paid on acquisitions PaymentsToAcquireBusinessesNetOfCashAcquired $53.50M USD 2 Qtrs
Cash paid on acquisitions PaymentsToAcquireBusinessesNetOfCashAcquired $46.00M USD 2 Qtrs
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $-3.20M USD 2 Qtrs
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $2.20M USD 2 Qtrs
Cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $16.40M USD 2 Qtrs
Cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $-154.60M USD 2 Qtrs
Proceeds from debt obligations ProceedsFromIssuanceOfLongTermDebt $84.90M USD 2 Qtrs
Proceeds from debt obligations ProceedsFromIssuanceOfLongTermDebt $180.30M USD 2 Qtrs
Principal payments on debt obligations RepaymentsOfLongTermDebt $10.30M USD 2 Qtrs
Principal payments on debt obligations RepaymentsOfLongTermDebt $110.70M USD 2 Qtrs
Cash received by subsidiary to issue preferred stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock - USD 2 Qtrs
Cash received by subsidiary to issue preferred stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock $8.90M USD 2 Qtrs
Cash paid by subsidiary to purchase HC2 preferred stock PaymentsForRepurchaseOfPreferredStockAndPreferenceStock - USD 2 Qtrs
Cash paid by subsidiary to purchase HC2 preferred stock PaymentsForRepurchaseOfPreferredStockAndPreferenceStock $8.30M USD 2 Qtrs
Annuity receipts ProceedsFromAnnuitiesAndInvestmentCertificates $1.10M USD 2 Qtrs
Annuity receipts ProceedsFromAnnuitiesAndInvestmentCertificates $1.30M USD 2 Qtrs
Annuity surrenders RepaymentsOfAnnuitiesAndInvestmentCertificates $9.50M USD 2 Qtrs
Annuity surrenders RepaymentsOfAnnuitiesAndInvestmentCertificates $11.20M USD 2 Qtrs
Transactions with noncontrolling interests ProceedsFromPaymentsToMinorityShareholders $5.50M USD 2 Qtrs
Transactions with noncontrolling interests ProceedsFromPaymentsToMinorityShareholders $-14.90M USD 2 Qtrs
Payment of dividends PaymentsOfDividendsPreferredStockAndPreferenceStock $1.00M USD 2 Qtrs
Payment of dividends PaymentsOfDividendsPreferredStockAndPreferenceStock $1.70M USD 2 Qtrs
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-1.60M USD 2 Qtrs
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-700.00K USD 2 Qtrs
Cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $43.10M USD 2 Qtrs
Cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $69.00M USD 2 Qtrs
Effects of exchange rate changes on cash, cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $300.00K USD 2 Qtrs
Effects of exchange rate changes on cash, cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-300.00K USD 2 Qtrs
Net change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $18.00M USD 2 Qtrs
Net change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-48.50M USD 2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $116.90M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $330.40M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $281.90M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $98.90M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $116.90M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $330.40M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $281.90M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $98.90M USD Point-in-time
Cash paid for interest InterestPaidNet $38.70M USD 2 Qtrs
Cash paid for interest InterestPaidNet $33.90M USD 2 Qtrs
Cash paid for taxes (net of refunds) IncomeTaxesPaidNet $11.50M USD 2 Qtrs
Cash paid for taxes (net of refunds) IncomeTaxesPaidNet $3.70M USD 2 Qtrs
Property, plant and equipment included in accounts payable NoncashOrPartNoncashAcquisitionPayablesAssumed1 $1.20M USD 2 Qtrs
Property, plant and equipment included in accounts payable NoncashOrPartNoncashAcquisitionPayablesAssumed1 $6.30M USD 2 Qtrs
Investments included in accounts payable IncreaseDecreaseinAccountsPayableInvestments $31.60M USD 2 Qtrs
Investments included in accounts payable IncreaseDecreaseinAccountsPayableInvestments $800.00K USD 2 Qtrs
Investments included in accounts receivable IncreaseDecreaseInInvestmentsAccountsReceivable - USD 2 Qtrs
Investments included in accounts receivable IncreaseDecreaseInInvestmentsAccountsReceivable $9.70M USD 2 Qtrs
Stockholders Equity 51 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $430.80M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $160.60M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $126.30M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $332.20M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $188.10M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $193.70M USD Point-in-time
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $4.70M USD 2 Qtrs
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $2.20M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $5.00M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $6.60M USD 2 Qtrs
Fair value adjustment of redeemable noncontrolling interest MinorityInterestChangeInRedemptionValue $-3.30M USD 2 Qtrs
Fair value adjustment of redeemable noncontrolling interest MinorityInterestChangeInRedemptionValue $200.00K USD 2 Qtrs
Fair value adjustment of redeemable noncontrolling interest MinorityInterestChangeInRedemptionValue $-800.00K USD 1 Quarter
Exercise of stock options (in shares) StockIssuedDuringPeriodSharesStockOptionsExercised 0.00 shares 2 Qtrs
Exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $400.00K USD 1 Quarter
Exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $400.00K USD 2 Qtrs
Taxes paid in lieu of shares issued for share-based compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $300.00K USD 2 Qtrs
Taxes paid in lieu of shares issued for share-based compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $600.00K USD 2 Qtrs
Preferred stock dividend DividendsPreferredStockStock $200.00K USD 1 Quarter
Preferred stock dividend DividendsPreferredStockStock $500.00K USD 1 Quarter
Preferred stock dividend DividendsPreferredStockStock $500.00K USD 2 Qtrs
Preferred stock dividend DividendsPreferredStockStock $1.00M USD 2 Qtrs
Issuance of common stock StockIssuedDuringPeriodValueNewIssues - USD 2 Qtrs
Issuance of common stock StockIssuedDuringPeriodValueNewIssues - USD 1 Quarter
Issuance of common stock StockIssuedDuringPeriodValueNewIssues - USD 2 Qtrs
Issuance of common stock StockIssuedDuringPeriodValueNewIssues - USD 1 Quarter
Purchase of preferred stock by subsidiary AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock $-1.70M USD 2 Qtrs
Transactions with noncontrolling interests MinorityInterestDecreaseFromRedemptions $-7.30M USD 1 Quarter
Transactions with noncontrolling interests MinorityInterestDecreaseFromRedemptions $21.10M USD 1 Quarter
Transactions with noncontrolling interests MinorityInterestDecreaseFromRedemptions $21.30M USD 2 Qtrs
Transactions with noncontrolling interests MinorityInterestDecreaseFromRedemptions $-3.80M USD 2 Qtrs
Other StockholdersEquityOther $700.00K USD 1 Quarter
Other StockholdersEquityOther $400.00K USD 2 Qtrs
Net income (loss) NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingTemporaryEquity $3.40M USD 2 Qtrs
Net income (loss) NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingTemporaryEquity $9.30M USD 1 Quarter
Net income (loss) NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingTemporaryEquity $41.70M USD 2 Qtrs
Net income (loss) NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingTemporaryEquity $79.70M USD 1 Quarter
Net income (loss) ProfitLoss $9.20M USD 1 Quarter
Net income (loss) ProfitLoss $79.80M USD 1 Quarter
Net income (loss) ProfitLoss $40.90M USD 2 Qtrs
Net income (loss) ProfitLoss $2.90M USD 2 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossIncludingPortionAttributabletoNoncontrollingInterestandRedeemableNoncontrollingInterest $229.80M USD 2 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossIncludingPortionAttributabletoNoncontrollingInterestandRedeemableNoncontrollingInterest $80.70M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossIncludingPortionAttributabletoNoncontrollingInterestandRedeemableNoncontrollingInterest $-52.60M USD 2 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossIncludingPortionAttributabletoNoncontrollingInterestandRedeemableNoncontrollingInterest $-28.40M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $430.80M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $160.60M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $126.30M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $332.20M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $188.10M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $193.70M USD Point-in-time
Comprehensive Income 28 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $9.20M USD 1 Quarter
Net income ProfitLoss $79.80M USD 1 Quarter
Net income ProfitLoss $40.90M USD 2 Qtrs
Net income ProfitLoss $2.90M USD 2 Qtrs
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-6.20M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $200.00K USD 2 Qtrs
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-1.70M USD 2 Qtrs
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-700.00K USD 1 Quarter
Unrealized gain (loss) on available-for-sale securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-22.90M USD 1 Quarter
Unrealized gain (loss) on available-for-sale securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $229.60M USD 2 Qtrs
Unrealized gain (loss) on available-for-sale securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-51.60M USD 2 Qtrs
Unrealized gain (loss) on available-for-sale securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $81.40M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-29.10M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-53.30M USD 2 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $229.80M USD 2 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $80.70M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $232.70M USD 2 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $89.90M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $50.70M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-12.40M USD 2 Qtrs
Net (income) loss attributable to noncontrolling interest and redeemable noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $24.40M USD 1 Quarter
Net (income) loss attributable to noncontrolling interest and redeemable noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-3.60M USD 2 Qtrs
Net (income) loss attributable to noncontrolling interest and redeemable noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $20.50M USD 2 Qtrs
Net (income) loss attributable to noncontrolling interest and redeemable noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-400.00K USD 1 Quarter
Comprehensive income (loss) attributable to HC2 Holdings, Inc. ComprehensiveIncomeNetOfTax $90.30M USD 1 Quarter
Comprehensive income (loss) attributable to HC2 Holdings, Inc. ComprehensiveIncomeNetOfTax $236.30M USD 2 Qtrs
Comprehensive income (loss) attributable to HC2 Holdings, Inc. ComprehensiveIncomeNetOfTax $-32.90M USD 2 Qtrs
Comprehensive income (loss) attributable to HC2 Holdings, Inc. ComprehensiveIncomeNetOfTax $26.30M USD 1 Quarter

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

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