EMPLOYERS HOLDINGS, INC. EIG Income Statement

Employers holdings, inc. (EIG)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Revenues
Net premiums earned
167,900	169,700	175,800	175,500	174,800	183,600	192,900	178,000	176,600	181,600	187,900	171,700	175,300	172,000	173,300	176,900	172,600	181,800	179,000	170,600	159,000	172,600	172,100	172,600	167,200	169,943	164,429	159,953	147,975	140,843	131,766	118,955	109,900	100,268	92,601	88,128	82,427	83,565	80,695	78,235	79,291	98,240	104,381
Net investment income
19,900	22,600	22,300	21,400	21,800	21,300	20,200	20,300	19,400	19,100	18,500	18,200	18,800	19,100	17,900	18,400	17,800	18,400	18,500	18,400	16,900	17,900	18,200	18,300	18,000	17,951	17,799	17,645	17,405	18,175	17,506	18,297	18,385	19,734	19,584	20,306	20,493	20,440	20,689	20,648	21,255	22,334	23,064
Realized Investment Gains (Losses)
-	-	-	-	-	-	-	-	-	-	4,100	1,100	2,200	-	1,600	6,000	1,500	-15,800	2,000	1,900	1,200	2,000	1,800	9,200	3,300	3,765	1,075	3,866	794	487	1,838	945	1,778	18,178	647	1,102	234	9,237	8	352	540	3,564	-392
Net realized and unrealized (losses) gains on investments
-61,100	17,800	2,600	7,400	23,300	-26,400	15,600	5,700	-8,000	-	4,100	1,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on redemption of notes payable
-	-	-	-	-	-	-	-	-	-	0	2,100	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income
300	200	300	0	400	900	200	100	0	-	400	100	-	0	0	500	100	100	0	0	100	100	0	200	0	624	29	144	103	82	30	114	81	247	82	3	120	49	393	207	0	183	59
Revenues
127,000	210,300	201,000	204,300	220,300	179,400	228,900	204,100	188,000	201,000	210,900	193,200	196,300	193,200	192,800	201,800	192,000	184,500	199,500	190,900	177,200	192,600	192,100	200,300	188,500	192,283	183,332	181,608	166,277	159,587	151,140	138,311	130,144	138,427	112,914	109,539	103,274	113,291	101,785	99,442	101,086	124,321	127,112
Expenses
Losses and loss adjustment expenses
104,300	97,600	92,900	86,800	88,600	86,900	106,600	87,800	95,400	85,200	116,900	106,100	109,000	89,900	109,000	111,700	107,300	105,900	115,800	101,500	106,200	110,300	122,300	98,500	122,300	136,923	105,767	112,638	108,272	22,760	96,823	87,809	80,518	71,502	67,438	64,150	59,421	56,682	52,764	45,045	40,288	53,395	54,100
Commission expense
21,300	20,400	21,900	23,800	22,000	21,200	24,800	24,500	23,700	24,700	23,700	21,500	21,500	20,000	21,300	21,900	20,300	22,800	21,000	22,900	18,700	20,400	20,600	20,400	20,000	19,834	19,946	20,127	18,393	18,462	16,681	16,621	13,816	14,976	10,968	11,119	10,281	9,416	9,971	9,176	9,905	-1,276	13,229
Policyholder dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	687	-	-	-	-	840	914	1,012	930	1,584	323	1,479	1,539	1,861
Underwriting and general and administrative expenses
46,700	50,900	45,300	43,800	47,500	40,400	38,800	40,100	39,200	37,800	33,600	32,600	35,900	34,500	31,700	33,600	36,300	37,600	31,600	32,500	33,500	30,800	31,900	33,100	33,300	29,018	32,493	32,249	31,540	30,505	30,147	30,316	32,989	26,928	25,334	26,200	25,678	22,894	25,722	25,143	32,267	33,688	32,452
Interest and financing expenses
0	0	0	200	400	400	400	400	300	300	300	400	400	400	400	400	400	600	700	700	700	700	800	700	800	780	815	797	808	848	896	858	902	911	906	908	917	861	1,632	1,620	1,580	1,824	1,825
Other Expenses
-	-	-	-	-	-	-	-	-	-	7,500	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Expenses
172,300	168,900	160,100	154,600	158,500	148,900	170,600	152,800	158,600	148,000	182,000	160,600	166,800	144,800	162,400	167,600	164,300	166,900	169,100	157,600	159,100	162,200	175,600	152,700	176,400	186,555	159,021	165,811	159,013	73,262	144,547	135,604	128,225	111,551	105,486	103,291	97,309	90,783	91,673	81,307	85,519	89,170	103,467
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest
-45,300	41,400	40,900	49,700	61,800	30,500	58,300	51,300	29,400	53,000	28,900	32,600	29,500	48,400	30,400	34,200	27,700	17,600	30,400	33,300	18,100	30,400	16,500	47,600	12,100	5,728	24,311	15,797	7,264	86,325	6,593	2,707	1,919	26,876	7,428	6,248	5,965	22,508	10,112	18,135	15,567	35,151	23,645
Income tax (benefit) expense
-10,400	9,600	8,100	9,000	10,000	4,900	10,700	8,800	3,800	21,700	7,000	7,800	6,300	12,900	7,800	7,400	5,900	-9,100	5,900	4,100	4,100	1,300	1,300	2,000	1,300	-8,409	-3,274	1,209	-226	-1,444	-1,173	-2,309	-4,421	6,632	-4,355	-2,003	-2,380	2,359	58	1,636	-530	4,594	3,300
Net Income (Loss) Attributable to Parent
-34,900	31,800	32,800	40,700	51,800	25,600	47,600	42,500	25,600	31,300	21,900	24,800	23,200	35,500	22,600	26,800	21,800	26,700	24,500	29,200	14,000	29,100	15,200	45,600	10,800	14,137	27,585	14,588	7,490	87,769	7,766	5,016	6,340	20,244	11,783	8,251	8,345	20,149	10,054	16,499	16,097	30,557	20,345
Comprehensive income
Unrealized AFS investment gains (losses) during the period (net of tax (expense) benefit of $(21.8), $12.9, and $(8.9) for the years ended December 31, 2019, 2018, and 2017, respectively)
-29,200	-2,000	16,400	29,900	37,800	7,800	-9,200	-11,300	-35,800	-900	3,000	8,400	9,400	-41,700	-4,200	23,300	20,800	-3,800	-11,100	-24,600	9,200	6,600	-5,800	16,100	10,200	1,708	4,154	-38,787	25	-9,822	16,045	3,844	6,044	12,734	16,935	18,866	-2,844	-	-	23,318	-	-	-
Comprehensive (loss) income
Reclassification adjustment for realized AFS investment losses (gains) in net income (net of tax benefit (expense) of $1.4 and $(0.1) for the three months ended March 31, 2020 and 2019, respectively)
-5,500	-	1,600	200	500	-	0	0	-400	-	2,700	700	1,400	-	1,000	3,900	1,000	-	1,300	1,200	800	-	1,200	6,000	2,100	-	699	2,513	516	-	1,195	-614	-1,156	-	-421	-716	-	-	-	-	-	-	-
Less: reclassification adjustment for realized gains in net income (net of taxes of $1,767, $7,056 and $3,548 for the years ended December 31, 2011, 2010, and 2009, respectively)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	316	-	-	-	-	-	-	152	-	-	352	-	-	-
Other Comprehensive Income (Loss), Net of Tax
-23,700	-2,800	14,800	29,700	37,300	8,800	-9,200	-11,300	-35,400	-900	300	7,700	8,000	-43,100	-5,200	19,400	19,800	6,500	-12,400	-25,800	8,400	5,300	-7,000	10,100	8,100	-764	3,455	-41,300	-491	-10,138	14,850	3,230	4,888	918	16,514	18,150	-2,996	-	-	22,966	-	-	-
Unrealized gains during the period
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,162	-	-	-
Realized gains in net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	123	-	-	-
Other comprehensive income, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,927	-	-	-
Total comprehensive (loss) income
-58,600	29,000	47,600	70,400	89,100	34,400	38,400	31,200	-9,800	30,400	22,200	32,500	31,200	-7,600	17,400	46,200	41,600	33,200	12,100	3,400	22,400	34,400	8,200	55,700	18,900	13,373	31,040	-26,712	6,999	77,631	22,616	8,246	11,228	21,162	28,297	26,401	5,349	-	-	31,426	-	-	-
Net realized and unrealized (losses) gains on investments
Net realized and unrealized (losses) gains on investments before impairments
-61,100	17,800	2,600	7,400	23,300	-25,100	15,600	5,700	-6,000	1,200	4,100	1,100	2,400	2,600	1,600	6,000	6,800	1,200	2,100	2,000	1,200	2,400	1,900	9,200	3,300	3,797	1,075	3,934	794	611	1,838	1,005	2,246	18,272	647	1,102	234	-	-	352	-	-	-
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net, Available-for-sale Securities
0	0	0	0	0	1,300	0	0	2,000	1,200	0	0	200	500	0	0	5,300	17,000	100	100	0	400	100	0	0	32	0	68	0	-124	0	60	468	94	0	0	0	-	-	0	-	-	-
Portion of impairment recognized in other comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	0	0	0	0	0	0	0	-	-
Net realized and unrealized gains (losses) on investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	487	-	-	-	-	-	-	-	-	-	352	-	-	-
Net realized and unrealized (losses) gains on investments
-61,100	17,800	2,600	7,400	23,300	-26,400	15,600	5,700	-8,000	-	4,100	1,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net realized (losses) gains on investments
-	-	-	-	-	-	-	-	-	-	4,100	1,100	2,200	-	1,600	6,000	1,500	-15,800	2,000	1,900	1,200	-	1,800	9,200	3,300	3,765	1,075	3,866	794	487	1,838	945	1,778	18,178	647	1,102	234	9,237	8	352	540	3,564	-392
Earnings Per Share [Abstract]
Basic and Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.24	-	-	-	0.19	-	-	-	-	-	-	-	-	-	-
Basic
-1.14	0.99	1.03	1.27	1.60	0.78	1.45	1.29	0.78	0.96	0.67	0.76	0.72	1.10	0.70	0.82	0.67	0.83	0.76	0.91	0.44	0.92	0.48	1.45	0.34	-	0.88	0.47	-	2.85	0.25	0.16	-	0.56	0.31	0.21	0.22	0.50	0.25	0.39	0.38	0.68	0.44
Diluted
-1.14	1.00	1.01	1.25	1.57	0.76	1.43	1.28	0.77	0.95	0.66	0.75	0.70	1.08	0.69	0.81	0.66	0.82	0.75	0.90	0.43	0.91	0.47	1.42	0.34	-	0.86	0.46	-	2.82	0.25	0.16	-	0.57	0.31	0.21	0.21	0.49	0.25	0.39	0.38	0.67	0.44
Cash dividends declared per common share and eligible RSUs and PSUs
0.25	0.22	0.22	0.22	0.22	0.20	0.20	0.20	0.20	0.15	0.15	0.15	0.15	0.09	0.09	0.09	0.09	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06
Net realized gains (losses) on investments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	-	-	3,564	-
Net realized gains on investments before credit related impairments on fixed maturity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	-	540	3,564	-264
Other than temporary impairment, credit losses recognized in earnings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	-128