EMPLOYERS HOLDINGS, INC. EIG Income Statement

Employers holdings, inc. (EIG)

Income statement / TTM

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
688,900	695,800	709,700	726,800	729,300	731,100	729,100	724,100	717,800	716,500	706,900	692,300	697,500	694,800	704,600	710,300	704,000	690,400	681,200	674,300	676,300	684,500	681,843	674,172	661,525	642,300	613,200	580,537	539,539	501,464	460,889	421,724	390,897	363,424	346,721	334,815	324,922	321,786	336,461	360,147	0	0	0
Net investment income
86,200	88,100	86,800	84,700	83,600	81,200	79,000	77,300	75,200	74,600	74,600	74,000	74,200	73,200	72,500	73,100	73,100	72,200	71,700	71,400	71,300	72,400	72,451	72,050	71,395	70,800	71,024	70,731	71,383	72,363	73,922	76,000	78,009	80,117	80,823	81,928	82,270	83,032	84,926	87,301	0	0	0
Realized Investment Gains (Losses)
-	-	-	-	-	-	-	-	-	-	9,500	7,000	11,900	-	-6,700	-6,300	-10,400	-10,700	7,100	6,900	14,200	16,300	18,065	17,340	12,006	9,500	6,222	6,985	4,064	5,048	22,739	21,548	21,705	20,161	11,220	10,581	9,831	10,137	4,464	4,064	0	0	0
Net realized and unrealized (losses) gains on investments
-33,300	51,100	6,900	19,900	18,200	-13,100	17,400	2,900	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on redemption of notes payable
-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income
800	900	1,600	1,500	1,600	1,200	700	600	0	-	0	0	-	600	700	700	200	200	200	200	400	300	824	853	797	900	358	359	329	307	472	524	413	452	254	565	769	649	783	449	0	0	0
Revenues
742,600	835,900	805,000	832,900	832,700	800,400	822,000	804,000	793,100	801,400	793,600	775,500	784,100	779,800	771,100	777,800	766,900	752,100	760,200	752,800	762,200	773,500	773,183	764,415	745,723	723,500	690,804	658,612	615,315	579,182	558,022	519,796	491,024	464,154	439,018	427,889	417,792	415,604	426,634	451,961	0	0	0
Expenses
Losses and loss adjustment expenses
381,600	365,900	355,200	368,900	369,900	376,700	375,000	385,300	403,600	417,200	421,900	414,000	419,600	417,900	433,900	440,700	430,500	429,400	433,800	440,300	437,300	453,400	480,023	463,490	477,628	463,600	349,437	340,493	315,664	287,910	336,652	307,267	283,608	262,511	247,691	233,017	213,912	194,779	191,492	192,828	0	0	0
Commission expense
87,400	88,100	88,900	91,800	92,500	94,200	97,700	96,600	93,600	91,400	86,700	84,300	84,700	83,500	86,300	86,000	87,000	85,400	83,000	82,600	80,100	81,400	80,834	80,180	79,907	78,300	76,928	73,663	70,157	65,580	62,094	56,381	50,879	47,344	41,784	40,787	38,844	38,468	27,776	31,034	0	0	0
Policyholder dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	3,696	4,440	3,849	4,316	4,925	5,202	0	0	0
Underwriting and general and administrative expenses
186,700	187,500	177,000	170,500	166,800	158,500	155,900	150,700	143,200	139,900	136,600	134,700	135,700	136,100	139,200	139,100	138,000	135,200	128,400	128,700	129,300	129,100	127,318	127,911	127,060	125,300	126,787	124,441	122,508	123,957	120,380	115,567	111,451	104,140	100,106	100,494	99,437	106,026	116,820	123,550	0	0	0
Interest and financing expenses
200	600	1,000	1,400	1,600	1,500	1,400	1,300	1,300	1,400	1,500	1,600	1,600	1,600	1,800	2,100	2,400	2,700	2,800	2,900	2,900	3,000	3,080	3,095	3,192	3,200	3,268	3,349	3,410	3,504	3,567	3,577	3,627	3,642	3,592	4,318	5,030	5,693	6,656	6,849	0	0	0
Other Expenses
-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Expenses
655,900	642,100	622,100	632,600	630,800	630,900	630,000	641,400	649,200	657,400	654,200	634,600	641,600	639,100	661,200	667,900	657,900	652,700	648,000	654,500	649,600	666,900	691,255	674,676	687,787	670,400	557,107	542,633	512,426	481,638	519,927	480,866	448,553	417,637	396,869	383,056	361,072	349,282	347,669	359,463	0	0	0
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest
86,700	193,800	182,900	200,300	201,900	169,500	192,000	162,600	143,900	144,000	139,400	140,900	142,500	140,700	109,900	109,900	109,000	99,400	112,200	98,300	112,600	106,600	81,928	89,739	57,936	53,100	133,697	115,979	102,889	97,544	38,095	38,930	42,471	46,517	42,149	44,833	56,720	66,322	78,965	92,498	0	0	0
Income tax (benefit) expense
16,300	36,700	32,000	34,600	34,400	28,200	45,000	41,300	40,300	42,800	34,000	34,800	34,400	34,000	12,000	10,100	6,800	5,000	15,400	10,800	8,700	5,900	-3,809	-8,383	-9,174	-10,700	-3,735	-1,634	-5,152	-9,347	-1,271	-4,453	-4,147	-2,106	-6,379	-1,966	1,673	3,523	5,758	9,000	0	0	0
Net Income (Loss) Attributable to Parent
70,400	157,100	150,900	165,700	167,500	141,300	147,000	121,300	103,600	101,200	105,400	106,100	108,100	106,700	97,900	99,800	102,200	94,400	96,800	87,500	103,900	100,700	85,737	98,122	67,110	63,800	137,432	117,613	108,041	106,891	39,366	43,383	46,618	48,623	48,528	46,799	55,047	62,799	73,207	83,498	0	0	0
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)
15,100	82,100	91,900	66,300	25,100	-48,500	-57,200	-45,000	-25,300	19,900	-20,900	-28,100	-13,200	-1,800	36,100	29,200	-18,700	-30,300	-19,900	-14,600	26,100	27,100	22,208	32,162	-22,725	-32,900	-44,430	-32,539	10,092	16,111	38,667	39,557	54,579	45,691	56,275	0	0	-	-	0	-	-	-
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)
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	-	-
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)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	0	-	-	0	-	-	-
Other Comprehensive Income (Loss), Net of Tax
18,000	79,000	90,600	66,600	25,600	-47,100	-56,800	-47,300	-28,300	15,100	-27,100	-32,600	-20,900	-9,100	40,500	33,300	-11,900	-23,300	-24,500	-19,100	16,800	16,500	10,436	20,891	-30,509	-39,100	-48,474	-37,079	7,451	12,830	23,886	25,550	40,470	32,586	0	0	0	-	-	0	-	-	-
Unrealized gains during the period
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Realized gains in net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Other comprehensive income, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Total comprehensive (loss) income
88,400	236,100	241,500	232,300	193,100	94,200	90,200	74,000	75,300	116,300	78,300	73,500	87,200	97,600	138,400	133,100	90,300	71,100	72,300	68,400	120,700	117,200	96,173	119,013	36,601	24,700	88,958	80,534	115,492	119,721	63,252	68,933	87,088	81,209	91,473	0	0	-	-	0	-	-	-
Net realized and unrealized (losses) gains on investments
Net realized and unrealized (losses) gains on investments before impairments
-33,300	51,100	8,200	21,200	19,500	-9,800	16,500	5,000	400	8,800	10,200	7,700	12,600	17,000	15,600	16,100	12,100	6,500	7,700	7,500	14,700	16,800	18,197	17,372	12,106	9,600	6,414	7,177	4,248	5,700	23,361	22,170	22,267	20,255	2,335	0	0	-	-	0	-	-	-
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net, Available-for-sale Securities
0	0	1,300	1,300	1,300	3,300	3,200	3,200	3,200	1,400	700	700	700	5,800	22,300	22,400	22,500	17,200	600	600	500	500	132	32	100	100	-56	-56	-64	404	622	622	562	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
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	0	-	-	-
Net realized and unrealized (losses) gains on investments
-33,300	51,100	6,900	19,900	18,200	-13,100	17,400	2,900	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net realized (losses) gains on investments
-	-	-	-	-	-	-	-	-	-	9,500	7,000	11,900	-	-6,700	-6,300	-10,400	-10,700	0	0	0	-	18,065	17,340	12,006	9,500	6,222	6,985	4,064	5,048	22,739	21,548	21,705	20,161	11,220	10,581	9,831	10,137	4,464	4,064	0	0	0
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
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	-
Net realized gains on investments before credit related impairments on fixed maturity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Other than temporary impairment, credit losses recognized in earnings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0