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10-Q Filing

INNOVATE Corp. CIK: 1006837 Q3 2019
Filing Information
Form Type 10-Q
Accession Number 0001006837-19-000095
Period End Date 20190930
Filing Date 20191105
Fiscal Year 2019
Fiscal Period Q3
XBRL Instance hchc-20190930.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 $3.98B USD 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 45.39M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 46.55M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 44.91M shares Point-in-time
Equity securities EquitySecuritiesFvNi $104.30M USD Point-in-time
Equity securities EquitySecuritiesFvNi $200.50M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 45.85M shares Point-in-time
Treasury stock (in shares) TreasuryStockShares 483,579.00 shares Point-in-time
Mortgage loans MortgageLoansOnRealEstate $137.60M USD Point-in-time
Mortgage loans MortgageLoansOnRealEstate $165.70M USD Point-in-time
Treasury stock (in shares) TreasuryStockShares 703,915.00 shares Point-in-time
Policy loans PolicyLoansReceivable $19.10M USD Point-in-time
Policy loans PolicyLoansReceivable $19.80M USD Point-in-time
Other invested assets OtherInvestments $72.50M USD Point-in-time
Other invested assets OtherInvestments $84.40M USD Point-in-time
Total investments Investments $4.35B USD Point-in-time
Total investments Investments $3.82B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $276.90M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $325.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $831.70M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $97.90M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $293.30M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $379.20M USD Point-in-time
Recoverable from reinsurers ReinsuranceRecoverables $947.90M USD Point-in-time
Recoverable from reinsurers ReinsuranceRecoverables $1.00B USD Point-in-time
Deferred tax asset DeferredIncomeTaxAssetsNet $2.00M USD Point-in-time
Deferred tax asset DeferredIncomeTaxAssetsNet $2.10M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $405.80M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $376.30M USD Point-in-time
Goodwill Goodwill $171.70M USD Point-in-time
Goodwill Goodwill $177.10M USD Point-in-time
Intangibles, net IntangibleAssetsNetExcludingGoodwill $223.70M USD Point-in-time
Intangibles, net IntangibleAssetsNetExcludingGoodwill $219.20M USD Point-in-time
Other assets OtherAssetsNoncurrent $208.10M USD Point-in-time
Other assets OtherAssetsNoncurrent $269.80M USD Point-in-time
Total assets Assets $6.50B USD Point-in-time
Total assets Assets $6.95B USD Point-in-time
Life, accident and health reserves LiabilityForClaimsAndClaimsAdjustmentExpense $4.56B USD Point-in-time
Life, accident and health reserves LiabilityForClaimsAndClaimsAdjustmentExpense $4.54B USD Point-in-time
Annuity reserves LiabilityForFuturePolicyBenefits $245.20M USD Point-in-time
Annuity reserves LiabilityForFuturePolicyBenefits $236.90M USD Point-in-time
Value of business acquired ValueOfBusinessAcquired $226.10M USD Point-in-time
Value of business acquired ValueOfBusinessAcquired $244.60M USD Point-in-time
Accounts payable and other current liabilities AccountsPayableAndOtherAccruedLiabilities $329.10M USD Point-in-time
Accounts payable and other current liabilities AccountsPayableAndOtherAccruedLiabilities $344.90M USD Point-in-time
Deferred tax liability DeferredIncomeTaxLiabilitiesNet $83.70M USD Point-in-time
Deferred tax liability DeferredIncomeTaxLiabilitiesNet $30.30M USD Point-in-time
Debt obligations LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities $743.90M USD Point-in-time
Debt obligations LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities $820.40M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $110.80M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $183.10M USD Point-in-time
Total liabilities Liabilities $6.42B 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 $10.30M USD Point-in-time
Preferred stock PreferredStockValue $20.30M USD Point-in-time
Redeemable noncontrolling interest RedeemableNoncontrollingInterestEquityCarryingAmount $8.00M USD Point-in-time
Redeemable noncontrolling interest RedeemableNoncontrollingInterestEquityCarryingAmount $11.00M USD Point-in-time
Total temporary equity TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $21.30M 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 $272.60M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $260.50M USD Point-in-time
Treasury stock, at cost: 703,915 and 483,579 shares at September 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 September 30, 2019 and December 31, 2018, respectively TreasuryStockValue $2.60M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-62.00M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-57.20M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $197.40M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-112.60M USD Point-in-time
Total HC2 Holdings, Inc. stockholders equity StockholdersEquity $88.10M USD Point-in-time
Total HC2 Holdings, Inc. stockholders equity StockholdersEquity $404.80M USD Point-in-time
Noncontrolling interest MinorityInterest $105.60M USD Point-in-time
Noncontrolling interest MinorityInterest $96.60M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $160.80M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $292.50M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $430.80M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $193.70M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $501.40M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $188.10M USD Point-in-time
Total liabilities, temporary equity and stockholders equity LiabilitiesAndStockholdersEquity $6.95B 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 $1.24B USD 3 Qtrs
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $397.50M USD 1 Quarter
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $1.32B USD 3 Qtrs
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $444.80M USD 1 Quarter
Life, accident and health earned premiums, net PremiumsEarnedNet $28.90M USD 1 Quarter
Life, accident and health earned premiums, net PremiumsEarnedNet $65.30M USD 3 Qtrs
Life, accident and health earned premiums, net PremiumsEarnedNet $25.40M USD 1 Quarter
Life, accident and health earned premiums, net PremiumsEarnedNet $88.70M USD 3 Qtrs
Net investment income NetInvestmentIncome $68.80M USD 3 Qtrs
Net investment income NetInvestmentIncome $51.20M USD 1 Quarter
Net investment income NetInvestmentIncome $31.70M USD 1 Quarter
Net investment income NetInvestmentIncome $152.60M USD 3 Qtrs
Net realized and unrealized (losses) gains on investments RealizedInvestmentGainsLosses $2.10M USD 3 Qtrs
Net realized and unrealized (losses) gains on investments RealizedInvestmentGainsLosses $-1.90M USD 1 Quarter
Net realized and unrealized (losses) gains on investments RealizedInvestmentGainsLosses $-500.00K USD 1 Quarter
Net realized and unrealized (losses) gains on investments RealizedInvestmentGainsLosses $2.40M USD 3 Qtrs
Net revenue Revenues $501.40M USD 1 Quarter
Net revenue Revenues $1.45B USD 3 Qtrs
Net revenue Revenues $475.70M USD 1 Quarter
Net revenue Revenues $1.49B USD 3 Qtrs
Cost of revenue CostOfRevenue $337.00M USD 1 Quarter
Cost of revenue CostOfRevenue $1.18B USD 3 Qtrs
Cost of revenue CostOfRevenue $402.90M USD 1 Quarter
Cost of revenue CostOfRevenue $1.08B USD 3 Qtrs
Policy benefits, changes in reserves, and commissions BusinessCombinationAcquisitionRelatedCostsAndPolicyholderBenefits $66.50M USD 1 Quarter
Policy benefits, changes in reserves, and commissions BusinessCombinationAcquisitionRelatedCostsAndPolicyholderBenefits $134.10M USD 3 Qtrs
Policy benefits, changes in reserves, and commissions BusinessCombinationAcquisitionRelatedCostsAndPolicyholderBenefits $166.80M USD 3 Qtrs
Policy benefits, changes in reserves, and commissions BusinessCombinationAcquisitionRelatedCostsAndPolicyholderBenefits $66.10M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $160.00M USD 3 Qtrs
Selling, general and administrative SellingGeneralAndAdministrativeExpense $54.40M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $50.90M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $159.40M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $25.00M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $6.20M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $23.10M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $8.60M USD 1 Quarter
Other operating income OtherOperatingIncomeExpenseNet $800.00K USD 1 Quarter
Other operating income OtherOperatingIncomeExpenseNet $2.90M USD 3 Qtrs
Other operating income OtherOperatingIncomeExpenseNet - USD 1 Quarter
Other operating income OtherOperatingIncomeExpenseNet $1.60M USD 3 Qtrs
Total operating expenses OperatingExpenses $466.10M USD 1 Quarter
Total operating expenses OperatingExpenses $525.70M USD 1 Quarter
Total operating expenses OperatingExpenses $1.42B USD 3 Qtrs
Total operating expenses OperatingExpenses $1.50B USD 3 Qtrs
Income (loss) from operations OperatingIncomeLoss $9.60M USD 1 Quarter
Income (loss) from operations OperatingIncomeLoss $62.10M USD 3 Qtrs
Income (loss) from operations OperatingIncomeLoss $-24.30M USD 1 Quarter
Income (loss) from operations OperatingIncomeLoss $-43.60M USD 3 Qtrs
Interest expense InterestExpense $54.00M USD 3 Qtrs
Interest expense InterestExpense $24.00M USD 1 Quarter
Interest expense InterestExpense $17.50M USD 1 Quarter
Interest expense InterestExpense $69.30M USD 3 Qtrs
Gain on sale and deconsolidation of subsidiary GainOrLossOnSaleOfStockInSubsidiary - USD 1 Quarter
Gain on sale and deconsolidation of subsidiary GainOrLossOnSaleOfStockInSubsidiary - USD 3 Qtrs
Gain on sale and deconsolidation of subsidiary GainOrLossOnSaleOfStockInSubsidiary $3.00M USD 1 Quarter
Gain on sale and deconsolidation of subsidiary GainOrLossOnSaleOfStockInSubsidiary $105.10M USD 3 Qtrs
Income from equity investees IncomeLossFromEquityMethodInvestments $1.50M USD 3 Qtrs
Income from equity investees IncomeLossFromEquityMethodInvestments $300.00K USD 1 Quarter
Income from equity investees IncomeLossFromEquityMethodInvestments $13.70M USD 3 Qtrs
Income from equity investees IncomeLossFromEquityMethodInvestments $8.10M USD 1 Quarter
Gain on bargain purchase BusinessCombinationBargainPurchaseGainRecognizedAmount $109.10M USD 1 Quarter
Gain on bargain purchase BusinessCombinationBargainPurchaseGainRecognizedAmount $1.10M USD 3 Qtrs
Gain on bargain purchase BusinessCombinationBargainPurchaseGainRecognizedAmount $109.10M USD 3 Qtrs
Gain on bargain purchase BusinessCombinationBargainPurchaseGainRecognizedAmount - USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $64.00M USD 3 Qtrs
Other income, net OtherNonoperatingIncomeExpense $63.90M USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $6.80M USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $5.40M USD 3 Qtrs
(Loss) income from continuing operations IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-7.30M USD 1 Quarter
(Loss) income from continuing operations IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $142.30M USD 1 Quarter
(Loss) income from continuing operations IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $800.00K USD 3 Qtrs
(Loss) income from continuing operations IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $194.30M USD 3 Qtrs
Income tax (expense) benefit IncomeTaxExpenseBenefit $1.00M USD 1 Quarter
Income tax (expense) benefit IncomeTaxExpenseBenefit $6.20M USD 3 Qtrs
Income tax (expense) benefit IncomeTaxExpenseBenefit $1.90M USD 3 Qtrs
Income tax (expense) benefit IncomeTaxExpenseBenefit $-9.20M USD 1 Quarter
Net (loss) income ProfitLoss $-5.40M USD 3 Qtrs
Net (loss) income ProfitLoss $151.50M USD 1 Quarter
Net (loss) income ProfitLoss $192.40M USD 3 Qtrs
Net (loss) income ProfitLoss $-8.30M USD 1 Quarter
Net loss (income) attributable to noncontrolling interest and redeemable noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $-2.00M USD 1 Quarter
Net loss (income) attributable to noncontrolling interest and redeemable noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $-4.90M USD 3 Qtrs
Net loss (income) attributable to noncontrolling interest and redeemable noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $-1.20M USD 1 Quarter
Net loss (income) attributable to noncontrolling interest and redeemable noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $18.60M USD 3 Qtrs
Net (loss) income attributable to HC2 Holdings, Inc. NetIncomeLoss $173.80M USD 3 Qtrs
Net (loss) income attributable to HC2 Holdings, Inc. NetIncomeLoss $153.50M USD 1 Quarter
Net (loss) income attributable to HC2 Holdings, Inc. NetIncomeLoss $-7.10M USD 1 Quarter
Net (loss) income attributable to HC2 Holdings, Inc. NetIncomeLoss $-500.00K USD 3 Qtrs
Less: Preferred dividends, deemed dividends, and repurchase gains PreferredStockDividendsAndOtherAdjustments $700.00K USD 1 Quarter
Less: Preferred dividends, deemed dividends, and repurchase gains PreferredStockDividendsAndOtherAdjustments $-400.00K USD 3 Qtrs
Less: Preferred dividends, deemed dividends, and repurchase gains PreferredStockDividendsAndOtherAdjustments $2.10M USD 3 Qtrs
Less: Preferred dividends, deemed dividends, and repurchase gains PreferredStockDividendsAndOtherAdjustments $400.00K USD 1 Quarter
Net (loss) income attributable to common stock and participating preferred stockholders NetIncomeLossAvailableToCommonStockholdersBasic $171.70M USD 3 Qtrs
Net (loss) income attributable to common stock and participating preferred stockholders NetIncomeLossAvailableToCommonStockholdersBasic $-7.50M USD 1 Quarter
Net (loss) income attributable to common stock and participating preferred stockholders NetIncomeLossAvailableToCommonStockholdersBasic $152.80M USD 1 Quarter
Net (loss) income attributable to common stock and participating preferred stockholders NetIncomeLossAvailableToCommonStockholdersBasic $-100.00K USD 3 Qtrs
Basic (in usd per share) IncomeLossFromContinuingOperationsPerBasicShare - USD 3 Qtrs
Basic (in usd per share) IncomeLossFromContinuingOperationsPerBasicShare $3.48 USD 3 Qtrs
Basic (in usd per share) IncomeLossFromContinuingOperationsPerBasicShare $3.09 USD 1 Quarter
Basic (in usd per share) IncomeLossFromContinuingOperationsPerBasicShare $-0.16 USD 1 Quarter
Diluted (in usd per share) IncomeLossFromContinuingOperationsPerDilutedShare - USD 3 Qtrs
Diluted (in usd per share) IncomeLossFromContinuingOperationsPerDilutedShare $-0.16 USD 1 Quarter
Diluted (in usd per share) IncomeLossFromContinuingOperationsPerDilutedShare $3.38 USD 3 Qtrs
Diluted (in usd per share) IncomeLossFromContinuingOperationsPerDilutedShare $2.97 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 45.70M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 44.30M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 45.40M shares 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 44.20M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 46.20M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 45.60M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 45.70M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 45.40M shares 3 Qtrs
Cash Flow Statement 112 line items
Line Item Tag Value Unit Period
Net (loss) income ProfitLoss $-5.40M USD 3 Qtrs
Net (loss) income ProfitLoss $151.50M USD 1 Quarter
Net (loss) income ProfitLoss $192.40M USD 3 Qtrs
Net (loss) income ProfitLoss $-8.30M USD 1 Quarter
Provision for doubtful accounts receivable ProvisionForDoubtfulAccounts $-700.00K USD 3 Qtrs
Provision for doubtful accounts receivable ProvisionForDoubtfulAccounts $1.10M USD 3 Qtrs
Share-based compensation expense ShareBasedCompensation $5.90M USD 3 Qtrs
Share-based compensation expense ShareBasedCompensation $8.10M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $29.70M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $30.00M USD 3 Qtrs
Amortization of deferred financing costs and debt discount AmortizationOfDeferredFinancingCosts $5.60M USD 3 Qtrs
Amortization of deferred financing costs and debt discount AmortizationOfDeferredFinancingCosts $9.90M USD 3 Qtrs
Amortization of (discount) premium on investments AmortizationOfDebtDiscountPremium $4.40M USD 3 Qtrs
Amortization of (discount) premium on investments AmortizationOfDebtDiscountPremium $6.20M USD 3 Qtrs
Gain on embedded derivative GainLossOnEmbeddedDerivative $4.00M USD 3 Qtrs
Gain on embedded derivative GainLossOnEmbeddedDerivative - USD 3 Qtrs
Gain on sale or disposal of assets GainLossOnDispositionOfAssets $3.30M USD 3 Qtrs
Gain on sale or disposal of assets GainLossOnDispositionOfAssets $800.00K USD 3 Qtrs
Gain on sale and deconsolidation of subsidiary GainOrLossOnSaleOfStockInSubsidiary - USD 1 Quarter
Gain on sale and deconsolidation of subsidiary GainOrLossOnSaleOfStockInSubsidiary - USD 3 Qtrs
Gain on sale and deconsolidation of subsidiary GainOrLossOnSaleOfStockInSubsidiary $3.00M USD 1 Quarter
Gain on sale and deconsolidation of subsidiary GainOrLossOnSaleOfStockInSubsidiary $105.10M USD 3 Qtrs
Gain on bargain purchase BusinessCombinationBargainPurchaseGainRecognizedAmount $109.10M USD 1 Quarter
Gain on bargain purchase BusinessCombinationBargainPurchaseGainRecognizedAmount $1.10M USD 3 Qtrs
Gain on bargain purchase BusinessCombinationBargainPurchaseGainRecognizedAmount $109.10M USD 3 Qtrs
Gain on bargain purchase BusinessCombinationBargainPurchaseGainRecognizedAmount - USD 1 Quarter
Income from equity investees IncomeLossFromEquityMethodInvestments $1.50M USD 3 Qtrs
Income from equity investees IncomeLossFromEquityMethodInvestments $300.00K USD 1 Quarter
Income from equity investees IncomeLossFromEquityMethodInvestments $13.70M USD 3 Qtrs
Income from equity investees IncomeLossFromEquityMethodInvestments $8.10M USD 1 Quarter
Net realized and unrealized gains on investments MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments $8.70M USD 3 Qtrs
Net realized and unrealized gains on investments MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments $49.10M USD 3 Qtrs
Receipt of dividends from equity investees EquityMethodInvestmentDividendsOrDistributions $11.40M USD 3 Qtrs
Receipt of dividends from equity investees EquityMethodInvestmentDividendsOrDistributions $7.60M USD 3 Qtrs
Annuity benefits AnnuityBenefits $6.30M USD 3 Qtrs
Annuity benefits AnnuityBenefits $6.30M USD 3 Qtrs
Other operating activities OtherNoncashIncomeExpense $-3.10M USD 3 Qtrs
Other operating activities OtherNoncashIncomeExpense $-4.20M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $-99.30M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $28.70M USD 3 Qtrs
Recoverable from reinsurers IncreaseDecreaseinRecoverableFromReinsurers $-122.30M USD 3 Qtrs
Recoverable from reinsurers IncreaseDecreaseinRecoverableFromReinsurers $-7.10M USD 3 Qtrs
Other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $4.60M USD 3 Qtrs
Other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $52.10M USD 3 Qtrs
Life, accident and health reserves IncreaseDecreaseInInsuranceLiabilities $24.50M USD 3 Qtrs
Life, accident and health reserves IncreaseDecreaseInInsuranceLiabilities $82.00M USD 3 Qtrs
Accounts payable and other current liabilities IncreaseDecreaseInAccountsPayable $9.70M USD 3 Qtrs
Accounts payable and other current liabilities IncreaseDecreaseInAccountsPayable $-26.20M USD 3 Qtrs
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-52.20M USD 3 Qtrs
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $21.40M USD 3 Qtrs
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $95.50M USD 3 Qtrs
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $136.70M USD 3 Qtrs
Purchase of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $32.30M USD 3 Qtrs
Purchase of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $27.40M USD 3 Qtrs
Disposal of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $4.90M USD 3 Qtrs
Disposal of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $3.90M USD 3 Qtrs
Purchase of investments PaymentsToAcquireInvestments $806.40M USD 3 Qtrs
Purchase of investments PaymentsToAcquireInvestments $515.60M USD 3 Qtrs
Sale of investments PaymentsForProceedsFromInvestments $-192.30M USD 3 Qtrs
Sale of investments PaymentsForProceedsFromInvestments $-565.00M USD 3 Qtrs
Maturities and redemptions of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $100.10M USD 3 Qtrs
Maturities and redemptions of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $56.50M USD 3 Qtrs
Cash received from dispositions, net ProceedsFromDivestitureOfBusinessesNetOfCashDivested $13.50M USD 3 Qtrs
Cash received from dispositions, net ProceedsFromDivestitureOfBusinessesNetOfCashDivested $92.00M USD 3 Qtrs
Cash (paid for) received from acquisitions, net PaymentsToAcquireBusinessesNetOfCashAcquired $-729.10M USD 3 Qtrs
Cash (paid for) received from acquisitions, net PaymentsToAcquireBusinessesNetOfCashAcquired $56.90M USD 3 Qtrs
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $1.50M USD 3 Qtrs
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $-6.70M USD 3 Qtrs
Cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $-201.50M USD 3 Qtrs
Cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $525.40M USD 3 Qtrs
Proceeds from debt obligations ProceedsFromIssuanceOfLongTermDebt $81.20M USD 3 Qtrs
Proceeds from debt obligations ProceedsFromIssuanceOfLongTermDebt $266.70M USD 3 Qtrs
Principal payments on debt obligations RepaymentsOfLongTermDebt $16.30M USD 3 Qtrs
Principal payments on debt obligations RepaymentsOfLongTermDebt $163.70M USD 3 Qtrs
Cash received by subsidiary to issue preferred stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock - USD 3 Qtrs
Cash received by subsidiary to issue preferred stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock $8.90M USD 3 Qtrs
Cash paid by subsidiary to purchase HC2 preferred stock PaymentsForRepurchaseOfPreferredStockAndPreferenceStock $8.30M USD 3 Qtrs
Cash paid by subsidiary to purchase HC2 preferred stock PaymentsForRepurchaseOfPreferredStockAndPreferenceStock - USD 3 Qtrs
Annuity receipts ProceedsFromAnnuitiesAndInvestmentCertificates $1.60M USD 3 Qtrs
Annuity receipts ProceedsFromAnnuitiesAndInvestmentCertificates $1.80M USD 3 Qtrs
Annuity surrenders RepaymentsOfAnnuitiesAndInvestmentCertificates $13.60M USD 3 Qtrs
Annuity surrenders RepaymentsOfAnnuitiesAndInvestmentCertificates $14.90M USD 3 Qtrs
Transactions with noncontrolling interests ProceedsFromPaymentsToMinorityShareholders $3.50M USD 3 Qtrs
Transactions with noncontrolling interests ProceedsFromPaymentsToMinorityShareholders $-11.80M USD 3 Qtrs
Payment of dividends PaymentsOfDividendsPreferredStockAndPreferenceStock $1.50M USD 3 Qtrs
Payment of dividends PaymentsOfDividendsPreferredStockAndPreferenceStock $1.90M USD 3 Qtrs
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-1.70M USD 3 Qtrs
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-900.00K USD 3 Qtrs
Cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $75.70M USD 3 Qtrs
Cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $53.40M USD 3 Qtrs
Effects of exchange rate changes on cash, cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-500.00K USD 3 Qtrs
Effects of exchange rate changes on cash, cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $600.00K USD 3 Qtrs
Net change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-52.00M USD 3 Qtrs
Net change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $737.30M USD 3 Qtrs
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $98.90M 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 $278.40M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $836.20M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $98.90M 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 $278.40M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $836.20M USD Point-in-time
Cash paid for interest InterestPaidNet $42.30M USD 3 Qtrs
Cash paid for interest InterestPaidNet $36.20M USD 3 Qtrs
Cash paid for taxes, net of refunds IncomeTaxesPaidNet $13.30M USD 3 Qtrs
Cash paid for taxes, net of refunds IncomeTaxesPaidNet $6.80M USD 3 Qtrs
Property, plant and equipment included in accounts payable NoncashOrPartNoncashAcquisitionPayablesAssumed1 $5.70M USD 3 Qtrs
Property, plant and equipment included in accounts payable NoncashOrPartNoncashAcquisitionPayablesAssumed1 $2.60M USD 3 Qtrs
Investments included in accounts payable IncreaseDecreaseinAccountsPayableInvestments $14.60M USD 3 Qtrs
Investments included in accounts payable IncreaseDecreaseinAccountsPayableInvestments $35.00M USD 3 Qtrs
Declared but unpaid dividends from equity method investments included in other assets DeclaredButUnpaidDividendsFromEquityMethodInvestmentsIncludedInOtherAssets $13.30M USD 3 Qtrs
Declared but unpaid dividends from equity method investments included in other assets DeclaredButUnpaidDividendsFromEquityMethodInvestmentsIncludedInOtherAssets $2.00M USD 3 Qtrs
Stockholders Equity 51 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $160.80M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $292.50M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $430.80M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $193.70M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $501.40M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $188.10M USD Point-in-time
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $4.20M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $10.80M USD 3 Qtrs
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $2.00M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $6.70M USD 3 Qtrs
Fair value adjustment of redeemable noncontrolling interest MinorityInterestChangeInRedemptionValue $600.00K USD 1 Quarter
Fair value adjustment of redeemable noncontrolling interest MinorityInterestChangeInRedemptionValue $-2.70M USD 3 Qtrs
Fair value adjustment of redeemable noncontrolling interest MinorityInterestChangeInRedemptionValue $-1.10M USD 1 Quarter
Fair value adjustment of redeemable noncontrolling interest MinorityInterestChangeInRedemptionValue $-900.00K USD 3 Qtrs
Exercise of stock options (in shares) StockIssuedDuringPeriodSharesStockOptionsExercised 0.00 shares 3 Qtrs
Exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $-200.00K USD 1 Quarter
Exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $200.00K USD 3 Qtrs
Taxes paid in lieu of shares issued for share-based compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $600.00K USD 3 Qtrs
Taxes paid in lieu of shares issued for share-based compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $300.00K USD 3 Qtrs
Preferred stock dividend DividendsPreferredStockStock $200.00K USD 1 Quarter
Preferred stock dividend DividendsPreferredStockStock $500.00K USD 1 Quarter
Preferred stock dividend DividendsPreferredStockStock $700.00K USD 3 Qtrs
Preferred stock dividend DividendsPreferredStockStock $1.50M USD 3 Qtrs
Issuance of common stock StockIssuedDuringPeriodValueNewIssues - USD 3 Qtrs
Issuance of common stock StockIssuedDuringPeriodValueNewIssues - USD 3 Qtrs
Issuance of common stock StockIssuedDuringPeriodValueNewIssues - USD 1 Quarter
Purchase of preferred stock by subsidiary AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock $-1.70M USD 3 Qtrs
Transactions with noncontrolling interests MinorityInterestDecreaseFromRedemptions $-2.20M USD 3 Qtrs
Transactions with noncontrolling interests MinorityInterestDecreaseFromRedemptions $-800.00K USD 1 Quarter
Transactions with noncontrolling interests MinorityInterestDecreaseFromRedemptions $20.50M USD 3 Qtrs
Transactions with noncontrolling interests MinorityInterestDecreaseFromRedemptions $1.60M USD 1 Quarter
Other StockholdersEquityOther $300.00K USD 1 Quarter
Other StockholdersEquityOther $700.00K USD 3 Qtrs
Net income (loss) NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingTemporaryEquity $151.60M USD 1 Quarter
Net income (loss) NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingTemporaryEquity $-7.90M USD 1 Quarter
Net income (loss) NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingTemporaryEquity $-4.50M USD 3 Qtrs
Net income (loss) NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingTemporaryEquity $193.30M USD 3 Qtrs
Net income (loss) ProfitLoss $-5.40M USD 3 Qtrs
Net income (loss) ProfitLoss $151.50M USD 1 Quarter
Net income (loss) ProfitLoss $192.40M USD 3 Qtrs
Net income (loss) ProfitLoss $-8.30M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossIncludingPortionAttributabletoNoncontrollingInterestandRedeemableNoncontrollingInterest $309.50M USD 3 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossIncludingPortionAttributabletoNoncontrollingInterestandRedeemableNoncontrollingInterest $-24.80M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossIncludingPortionAttributabletoNoncontrollingInterestandRedeemableNoncontrollingInterest $79.70M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossIncludingPortionAttributabletoNoncontrollingInterestandRedeemableNoncontrollingInterest $-77.20M USD 3 Qtrs
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $160.80M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $292.50M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $430.80M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $193.70M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $501.40M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $188.10M USD Point-in-time
Comprehensive Income 28 line items
Line Item Tag Value Unit Period
Net (loss) income ProfitLoss $-5.40M USD 3 Qtrs
Net (loss) income ProfitLoss $151.50M USD 1 Quarter
Net (loss) income ProfitLoss $192.40M USD 3 Qtrs
Net (loss) income ProfitLoss $-8.30M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-2.50M USD 3 Qtrs
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-3.70M USD 3 Qtrs
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-2.00M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-2.70M USD 1 Quarter
Unrealized gain (loss) on available-for-sale securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-74.20M USD 3 Qtrs
Unrealized gain (loss) on available-for-sale securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $312.00M USD 3 Qtrs
Unrealized gain (loss) on available-for-sale securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-22.70M USD 1 Quarter
Unrealized gain (loss) on available-for-sale securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $82.40M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $79.70M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-24.70M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-77.90M USD 3 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $309.50M USD 3 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $304.10M USD 3 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $114.50M USD 3 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $126.80M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $71.40M USD 1 Quarter
Net (income) loss attributable to noncontrolling interest and redeemable noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $17.60M USD 3 Qtrs
Net (income) loss attributable to noncontrolling interest and redeemable noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-5.50M USD 3 Qtrs
Net (income) loss attributable to noncontrolling interest and redeemable noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-1.90M USD 1 Quarter
Net (income) loss attributable to noncontrolling interest and redeemable noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-2.60M USD 1 Quarter
Comprehensive income attributable to HC2 Holdings, Inc. ComprehensiveIncomeNetOfTax $96.90M USD 3 Qtrs
Comprehensive income attributable to HC2 Holdings, Inc. ComprehensiveIncomeNetOfTax $309.60M USD 3 Qtrs
Comprehensive income attributable to HC2 Holdings, Inc. ComprehensiveIncomeNetOfTax $129.40M USD 1 Quarter
Comprehensive income attributable to HC2 Holdings, Inc. ComprehensiveIncomeNetOfTax $73.30M USD 1 Quarter

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

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