FGL HOLDINGS FG Income Statement

Fgl holdings (FG)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Nov'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16
Revenues:
Premiums
10,000	7,000	9,000	8,000	16,000	9,000	12,000	15,000	-	7,000	-	-	-	11,000	-	-
Net investment income
317,000	324,000	301,000	315,000	289,000	295,000	267,000	282,000	-	174,000	-	-	-	240,000	-	-
Gain (Loss) on Investments
-692,000	196,000	103,000	135,000	240,000	-555,000	119,000	-2,000	-191,000	146,000	-	67,000	-	51,000	-	-
Insurance and investment product fees and other
30,000	36,000	42,000	37,000	55,000	40,000	46,000	45,000	-	35,000	-	-	-	38,000	-	-
Total revenues
-335,000	563,000	455,000	495,000	600,000	-211,000	444,000	340,000	-	362,000	-	-	-	340,000	-	-
Benefits and expenses:
Benefits and other changes in policy reserves
-41,000	119,000	331,000	268,000	339,000	-	297,000	217,000	-	227,000	-	-	-	20,000	-	-
Acquisition and operating expenses, net of deferrals
96,000	91,000	48,000	147,000	44,000	-	40,000	46,000	-	51,000	-	-	-	28,000	-	-
Amortization of intangibles
-61,000	72,000	12,000	13,000	29,000	-	28,000	17,000	-	36,000	-	-	-	123,000	-	-
General and administrative expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	195	289	682
Total benefits and expenses
-6,000	282,000	391,000	428,000	412,000	-20,000	365,000	280,000	-	314,000	-	-	-	171,000	-	-
Operating income (loss)
-329,000	281,000	64,000	67,000	188,000	-	79,000	60,000	-	48,000	-	-	-	169,000	-	-
Interest expense
8,000	8,000	8,000	8,000	8,000	-	8,000	7,000	-	4,000	-	-	-	6,000	-	-
Income (loss) before income taxes
-337,000	273,000	56,000	59,000	180,000	-	71,000	53,000	-	44,000	-	-	-	163,000	-	-
Income tax (expense) benefit
1,000	48,000	-9,000	13,000	9,000	-	15,000	13,000	-	16,000	-	-	-	55,000	-	-
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	435	427	24
Loss from operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-195	-289	-682
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-338,000	225,000	65,000	46,000	171,000	-148,000	56,000	40,000	65,000	28,000	-	-	-	108,000	-	-
Less Preferred stock dividend
8,000	8,000	7,000	8,000	8,000	8,000	7,000	7,000	7,000	0	-	-	-	0	-	-
Net income (loss) available to common shareholders
-346,000	217,000	58,000	38,000	163,000	-156,000	49,000	33,000	58,000	28,000	-	-	-	108,000	137	-658
Net income per common share
Basic (in USD per share)
-1.62	1.02	0.26	0.17	0.74	-0.70	0.23	0.15	-	0.48	-	-	-	1.85	0.01	-
Diluted (in USD per share)
-1.62	1.02	0.26	0.17	0.74	-0.70	0.23	0.15	-	0.47	-	-	-	1.85	0.00	-
Basic and diluted net loss per share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.04
Weighted average common shares used in computing net income (loss) per common share:
Weighted average shares outstanding, basic and diluted (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,511
Weighted Average Number of Shares Outstanding, Basic
213,155	213,095	216,442	217,185	219,646	-	214,370	214,370	-	58,341	-	-	-	58,281	19,970	-
Weighted Average Number of Shares Outstanding, Diluted
213,155	213,467	216,541	217,262	219,682	-	214,419	214,379	-	58,494	-	-	-	58,366	84,000	-
Cash dividend per common share (in dollars per share)
0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00	0.07	-	-	-	0.07	-	-
Other than Temporary Impairment Losses, Investments
0	16,000	2,000	3,000	2,000	-	0	0	-	0	-	-	-	1,000	-	-
Portion of other-than-temporary impairments included in other comprehensive income
-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net
-	-	2,000	3,000	2,000	22,000	0	0	2,000	-	-	-	-	-	-	-
Gains (losses) on derivatives and embedded derivatives
-523,000	153,000	65,000	116,000	164,000	-	159,000	44,000	-	140,000	-	-	-	51,000	-	-
Other investment gains (losses)
-121,000	59,000	40,000	22,000	78,000	-	-40,000	-46,000	-	6,000	-	-	-	1,000	-	-
Net investment gains (losses)
-692,000	196,000	103,000	135,000	240,000	-555,000	119,000	-2,000	-191,000	146,000	-	67,000	-	51,000	-	-
Predecessor
Premiums
-	-	-	-	-	-	-	-	18,000	-	16,000	12,000	3,000	-	-	-
Net investment income
-	-	-	-	-	-	-	-	263,000	-	261,000	257,000	247,000	-	-	-
Net investment gains (losses)
-	-	-	-	-	-	-	-	-191,000	-	117,000	67,000	81,000	-	-	-
Insurance and investment product fees and other
-	-	-	-	-	-	-	-	48,000	-	41,000	44,000	44,000	-	-	-
Total revenues
-	-	-	-	-	-	-	-	138,000	-	435,000	380,000	375,000	-	-	-
Benefits and other changes in policy reserves
-	-	-	-	-	-	-	-	-39,000	-	-	235,000	-	-	-	-
Acquisition and operating expenses, net of deferrals
-	-	-	-	-	-	-	-	40,000	-	-	40,000	-	-	-	-
Amortization of intangibles
-	-	-	-	-	-	-	-	27,000	-	-	51,000	-	-	-	-
Total benefits and expenses
-	-	-	-	-	-	-	-	28,000	-	342,000	326,000	334,000	-	-	-
Operating income
-	-	-	-	-	-	-	-	110,000	-	-	54,000	-	-	-	-
Interest expense
-	-	-	-	-	-	-	-	6,000	-	-	6,000	-	-	-	-
Income (loss) before income taxes
-	-	-	-	-	-	-	-	104,000	-	-	48,000	-	-	-	-
Income tax expense
-	-	-	-	-	-	-	-	39,000	-	-	16,000	-	-	-	-
Net income (loss)
-	-	-	-	-	-	-	-	65,000	-	61,000	32,000	22,000	-	-	-
Less Preferred stock dividend
-	-	-	-	-	-	-	-	7,000	-	-	0	-	-	-	-
Basic (in USD per share)
-	-	-	-	-	-	-	-	0.27	-	1.06	0.54	0.38	-	-	-
Diluted (in USD per share)
-	-	-	-	-	-	-	-	0.27	-	1.06	0.54	0.38	-	-	-
Basic (in shares)
-	-	-	-	-	-	-	-	214,370	-	-	58,335	-	-	-	-
Diluted (in shares)
-	-	-	-	-	-	-	-	214,370	-	-	58,444	-	-	-	-
Cash dividend per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	0.06	-	-	-	-
Total other-than-temporary impairments
-	-	-	-	-	-	-	-	2,000	-	-	0	-	-	-	-
Portion of other-than-temporary impairments included in other comprehensive income
-	-	-	-	-	-	-	-	0	-	-	0	-	-	-	-
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net
-	-	-	-	-	-	-	-	2,000	-	-	0	-	-	-	-
Gains (losses) on derivatives and embedded derivatives
-	-	-	-	-	-	-	-	-145,000	-	-	74,000	-	-	-	-
Other investment gains (losses)
-	-	-	-	-	-	-	-	-44,000	-	-	-7,000	-	-	-	-
Gain (Loss) on Investments
-	-	-	-	-	-	-	-	-191,000	-	117,000	67,000	81,000	-	-	-