Hc2 holdings, inc. (HCHC)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets [Abstract]
Investments [Abstract]
Fixed maturity securities, available-for-sale at fair value

3,753,000

4,028,900

3,975,500

3,812,600

3,625,900

3,391,600

2,985,443

1,249,253

1,302,556

1,340,600

1,336,637

1,334,876

1,302,549

1,278,958

1,331,677

1,323,821

1,278,031

1,231,841

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity securities

72,400

92,500

104,300

143,200

172,700

200,500

217,153

79,557

80,210

47,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity securities, available-for-sale at fair value

-

-

-

-

-

-

-

-

-

-

49,046

47,810

51,897

51,519

56,506

52,703

47,557

49,682

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage loans

142,200

183,500

165,700

151,800

137,200

137,600

87,308

69,890

61,084

52,100

26,427

21,135

21,824

16,831

8,939

4,165

1,145

1,252

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Policy loans

18,900

19,100

19,100

19,400

19,700

19,800

20,324

17,768

17,807

17,900

18,038

18,107

18,106

18,247

18,228

18,311

18,360

18,476

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other invested assets

70,300

68,100

84,400

71,100

67,900

72,500

70,965

86,109

81,726

85,400

91,461

91,381

80,580

62,363

60,870

62,304

46,009

53,119

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total investments

4,056,800

4,392,100

4,349,000

4,198,100

4,023,400

3,822,000

3,381,193

1,502,577

1,543,383

1,543,500

1,521,609

1,513,309

1,474,956

1,427,918

1,476,220

1,461,304

1,391,102

1,354,370

-

-

-

-

-

757

-

0

-

-

-

-

-

-

-

-

-

-

-

Cash and cash equivalents

186,900

228,800

276,900

280,400

302,200

325,000

831,634

112,304

92,074

97,900

130,791

143,130

127,003

115,371

121,321

134,510

137,700

158,624

81,066

68,941

128,872

107,978

111,739

40,831

13,041

8,997

15,538

171,178

13,844

23,197

66,024

209,728

46,181

41,052

27,233

31,476

41,534

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

791

590

589

538

7,196

7,188

7,063

6,467

-

-

-

-

-

-

832

848

859

822

12,287

11,891

11,571

12,523

12,117

Short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,625

12,265

11,768

4,867

3,253

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, net

333,300

311,800

293,300

350,700

328,400

379,200

350,864

346,702

327,513

322,400

265,082

250,460

228,058

267,598

272,738

221,295

192,607

210,853

187,474

216,577

195,878

152,279

170,570

138,043

16,371

18,980

51

-

18,565

17,871

19,119

18,944

71,880

81,609

83,168

99,133

76,828

Costs and recognized earnings in excess of billings on uncompleted contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,091

29,957

33,143

39,310

37,266

35,573

24,656

28,098

26,604

25,737

-

0

-

-

-

-

-

-

-

-

-

-

-

Deferred tax assetcurrent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,701

1,701

1,701

1,701

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,973

11,116

10,636

12,120

14,408

17,796

17,062

14,975

23,894

16,990

-

0

-

-

-

-

-

-

-

-

-

-

-

Recoverable from reinsurers

958,400

953,700

947,900

961,400

975,800

1,000,200

1,305,038

531,269

529,427

526,300

530,679

527,796

524,845

524,201

525,599

526,158

526,251

522,562

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued investment income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,751

15,079

16,420

15,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax asset

2,200

2,700

2,000

2,300

1,800

2,100

1,028

991

951

1,700

436

430

440

1,108

43,555

41,062

44,245

52,511

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,024

-

53,478

205,776

39,284

40,066

45,527

48,002

-

0

-

-

-

Total current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

359,724

385,196

420,759

332,353

376,840

269,227

68,742

74,900

102,810

397,444

77,065

86,926

145,019

290,755

135,627

138,200

128,829

149,202

137,801

LONG-TERM INVESTMENTS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

74,871

75,339

61,458

50,816

41,900

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property, plant and equipment, net

223,400

223,700

405,800

416,400

376,600

376,300

369,771

368,914

372,425

374,700

282,065

282,691

284,304

286,458

244,176

243,497

241,848

214,466

220,014

228,232

217,585

233,022

234,608

83,671

2,846

2,962

683

684

66,198

65,315

64,680

60,525

152,368

152,180

156,968

154,346

138,488

Goodwill

112,000

112,500

177,100

178,400

171,700

171,700

127,051

128,846

132,466

131,700

96,990

97,499

98,086

98,086

86,025

83,931

83,766

61,178

32,722

32,199

30,540

30,540

31,877

27,990

3,378

3,378

0

0

60,085

60,744

65,081

62,632

71,479

71,902

69,083

71,113

63,731

Intangibles, net

220,100

221,700

223,700

224,900

221,700

219,200

151,051

120,280

119,385

117,100

35,781

37,179

38,382

39,722

39,144

36,909

37,539

29,409

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets held for sale

0

323,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

OTHER INTANGIBLE ASSETS  Net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26,674

28,029

30,095

31,158

23,922

4,615

22

0

-

-

60,265

63,024

75,787

76,999

133,561

135,677

136,254

144,431

147,749

Deferred tax assetlong-term

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,654

20,084

14,498

14,019

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

246,000

188,000

269,800

270,600

280,800

208,100

212,367

142,453

109,699

102,400

107,911

88,816

80,288

74,814

35,520

38,801

44,142

65,206

17,349

17,578

17,483

21,628

22,721

6,568

5,630

6,440

6,257

1,459

23,343

24,333

16,689

28,632

32,058

33,974

36,591

17,887

14,573

Prepaid expenses and other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27,835

23,746

29,337

18,590

36,915

37,618

33,306

40,594

33,743

20,490

5,372

5,792

14,349

14,081

17,566

15,539

18,428

18,593

19,439

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,093

1,116

4,976

6,065

6,349

8,597

11,485

3,865

3,900

9,251

-

6,329

-

-

-

-

-

-

-

-

-

-

-

Total assets

6,339,100

6,958,300

6,945,500

6,883,200

6,682,400

6,503,800

6,729,997

3,254,336

3,227,323

3,217,700

2,971,344

2,941,310

2,856,362

2,835,276

2,887,997

2,845,325

2,764,964

2,742,512

759,204

793,845

799,481

720,003

731,868

392,071

80,618

87,680

109,750

399,587

287,788

301,190

368,115

520,365

537,380

543,824

539,296

549,502

514,459

Liabilities, temporary equity and stockholders’ equity
Life, accident and health reserves

4,593,900

4,567,100

4,543,500

4,536,600

4,549,000

4,562,100

4,707,400

1,728,167

1,708,680

1,694,000

1,683,568

1,682,160

1,665,459

1,648,565

1,637,501

1,625,560

1,614,244

1,591,937

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Annuity reserves

235,400

236,400

236,900

238,800

241,500

245,200

247,544

237,373

240,186

243,200

245,053

247,684

249,371

251,270

254,250

256,014

258,644

260,853

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Value of business acquired

215,100

221,100

226,100

231,900

238,000

244,600

249,979

40,500

41,924

43,000

44,013

45,385

-

47,613

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Value of business acquired

-

-

-

-

-

-

-

-

-

-

-

-

-46,509

-

-

-

-51,130

-50,761

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Value of business acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

48,512

49,699

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and other current liabilities

334,400

306,200

329,100

338,500

320,300

344,900

353,216

296,339

339,381

347,500

295,096

258,094

236,157

251,733

232,149

212,438

193,137

225,389

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liability

24,400

83,700

83,700

59,900

34,600

30,300

33,876

8,634

10,910

10,700

14,042

15,487

-

15,304

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt obligations

686,000

773,600

-

-

-

743,900

-

-

-

593,200

-

-

-

428,496

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

65,241

81,312

61,556

80,183

55,811

51,247

5,411

6,964

-

-

14,217

12,218

11,330

10,669

40,724

46,627

46,401

63,440

36,942

Accrued interconnection costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

36,689

31,551

19,507

9,717

9,969

9,815

11,438

12,456

-

-

2,131

2,992

2,726

2,014

23,824

24,103

26,642

25,840

29,571

Accrued payroll and employee benefits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,127

19,222

22,883

20,023

15,385

13,366

-

1,854

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

294

-

-

-

8,293

8,821

9,311

9,288

12,055

12,258

11,887

12,844

12,891

Accrued expenses and other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

48,338

55,735

40,183

34,042

57,900

17,715

5,977

5,550

3,806

1,491

14,524

20,565

20,707

35,359

41,002

44,384

43,212

51,247

46,491

Billings in excess of costs and recognized earnings on uncompleted contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

51,241

43,098

24,643

21,201

20,045

29,859

31,848

41,959

63,103

58,218

-

0

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liability

-

-

-

-

-

-

-

-

-

-

-

-

15,550

-

-

-

-

4,281

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,807

11,514

18,249

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt obligations

-

-

820,400

828,200

762,000

-

702,220

668,505

655,423

-

496,592

494,723

445,620

-

396,688

394,489

394,242

371,876

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Pension liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,744

21,419

22,982

25,156

27,664

30,443

34,081

37,210

46,359

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,470

912

0

512

302

0

49

53

3,977

3,533

7,701

7,741

7,578

7,309

7,876

10,617

7,515

7,541

7,678

Accrued interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,567

2,847

12,043

3,125

578

712

-

0

-

2,619

4,926

1,716

5,440

5,036

11,150

5,889

6,387

1,857

2,152

Current portion of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,454

12,752

38,811

10,444

22,408

36,781

-

0

0

126,252

54

66

116

50

2,289

1,948

2,420

910

1,143

Liabilities held for sale

0

153,900

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,259

-

4,823

-

-

-

-

-

-

-

-

-

-

-

Liabilities held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,514

-

31,729

67,559

18,840

24,304

35,544

33,954

-

-

-

-

-

Total current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

218,931

234,190

226,831

200,005

225,456

192,113

27,683

31,700

39,512

201,454

70,686

78,423

92,752

103,679

138,920

145,826

144,464

163,679

136,868

LONG-TERM DEBT

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

374,404

374,321

376,549

332,927

290,394

49,170

-

0

-

-

-

-

-

-

-

-

-

-

-

LONG-TERM OBLIGATIONS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

127,069

127,046

117,882

236,195

243,786

245,814

251,703

218,607

242,748

DEFERRED TAX LIABILITY

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,059

7,799

-

0

-

-

11,194

11,367

15,614

15,561

31,843

31,311

30,700

31,683

32,208

CONTINGENT VALUE RIGHTS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,792

14,904

-

-

-

-

-

-

-

CONTINGENT VALUE RIGHTS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,112

21,347

23,386

16,196

12,019

23,387

19,098

Other liabilities

170,800

151,100

183,100

197,900

187,200

110,800

108,076

79,529

75,015

70,100

83,265

97,988

98,795

92,871

12,042

9,896

16,986

17,793

8,151

7,754

8,002

1,617

1,032

1,028

718

1,571

184

203

948

947

894

519

2,502

2,971

2,826

2,954

503

Total liabilities

6,260,000

6,493,100

6,422,800

6,431,800

6,332,600

6,281,800

6,402,311

3,059,047

3,071,519

3,001,700

2,861,629

2,841,521

2,757,461

2,735,852

2,665,934

2,624,127

2,594,257

2,569,247

629,150

646,708

645,463

571,759

575,300

250,110

28,401

33,271

39,696

201,657

224,689

232,687

248,254

377,301

440,437

442,118

441,712

440,310

431,425

Commitments and contingencies

-

-

-

-

-

-

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

0

0

0

Temporary equity
Preferred stock

10,300

10,300

-

-

-

20,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redeemable noncontrolling interest

8,300

11,300

-

-

-

8,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred stock

-

-

10,300

10,300

10,300

-

26,340

26,325

26,310

26,300

26,281

26,266

29,479

29,459

41,659

51,854

52,674

52,619

53,403

53,013

53,444

39,845

39,524

29,075

0

0

0

0

0

0

0

0

0

0

0

0

0

Redeemable noncontrolling interest

-

-

11,000

10,300

7,300

-

8,839

8,396

3,192

1,600

1,526

2,373

2,958

2,526

1,993

2,811

3,090

3,122

4,567

4,362

4,053

4,004

4,062

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total temporary equity

18,600

21,600

21,300

20,600

17,600

28,300

35,179

34,721

29,502

27,900

27,807

28,639

32,437

31,985

43,652

54,665

55,764

55,741

57,970

57,375

57,497

43,849

43,586

29,075

-

0

-

-

-

-

-

-

-

-

-

-

-

Stockholders’ equity
Common stock

0

0

0

0

0

0

45

45

45

0

43

43

42

42

38

36

35

35

26

26

25

24

24

21

15

14

14

14

14

14

14

14

14

14

14

14

10

Additional paid-in capital

282,700

281,100

272,600

270,900

264,400

260,500

263,887

259,999

253,089

254,700

248,235

247,167

243,698

241,485

228,842

218,478

211,713

209,477

146,988

145,863

144,088

141,948

131,472

120,388

101,726

98,598

100,584

99,375

98,662

98,534

140,860

131,179

143,595

142,796

141,862

141,088

86,984

Treasury stock, at cost: 1,109,751 and 742,824 shares at March 31, 2020 and December 31, 2019, respectively

4,200

3,300

3,200

3,200

3,200

2,600

2,434

2,434

2,433

2,100

1,981

1,969

1,968

1,387

1,262

378

378

378

378

378

378

378

378

378

378

378

378

378

378

378

378

378

378

378

378

-

-

Accumulated deficit

-179,800

-96,700

-62,000

-54,900

-64,300

-57,200

-43,682

-197,148

-252,223

-221,200

-212,652

-206,685

-188,774

-174,278

-112,814

-108,256

-110,191

-79,729

-68,289

-60,302

-49,401

-44,164

-56,025

-38,629

-34,720

-29,773

-16,318

110,948

-26,410

-23,198

-14,121

10,916

-57,943

-51,085

-47,962

-37,952

-12,355

Accumulated other comprehensive income (loss)

-84,600

168,700

197,400

117,100

36,200

-112,600

-33,253

-9,175

15,871

41,700

29,384

12,678

-8,546

-21,647

37,221

27,577

-14,935

-35,375

-29,576

-19,743

-22,455

-18,243

-14,974

-14,188

-14,426

-14,052

-13,848

-12,029

-8,789

-6,469

-6,514

-6,856

3,410

2,416

2,400

4,769

4,751

Total HC2 Holdings, Inc. stockholders’ equity

14,100

349,800

404,800

329,900

233,100

88,100

184,563

51,287

14,349

73,100

63,029

51,234

44,452

44,215

152,025

137,457

86,244

94,030

48,771

65,466

71,879

79,187

60,119

67,214

-

54,409

-

-

-

-

119,861

134,875

88,698

93,763

95,936

107,919

79,390

Noncontrolling interest

46,400

93,800

96,600

100,900

99,100

105,600

107,944

109,281

111,953

115,000

18,879

19,916

22,012

23,224

26,386

29,076

28,699

23,494

23,313

24,296

24,642

25,208

52,863

45,672

-

0

-

-

-

-

-

8,189

8,245

7,943

1,648

1,273

3,644

Total stockholders’ equity

60,500

443,600

501,400

430,800

332,200

193,700

292,507

160,568

126,302

188,100

81,908

71,150

66,464

67,439

178,411

166,533

114,943

117,524

72,084

89,762

96,521

104,395

112,982

112,886

52,217

54,409

70,054

197,930

63,099

68,503

119,861

143,064

96,943

101,706

97,584

109,192

83,034

Total liabilities, temporary equity and stockholders’ equity

6,339,100

6,958,300

6,945,500

6,883,200

6,682,400

6,503,800

6,729,997

3,254,336

3,227,323

3,217,700

2,971,344

2,941,310

2,856,362

2,835,276

2,887,997

2,845,325

2,764,964

2,742,512

759,204

793,845

799,481

720,003

731,868

392,071

80,618

87,680

109,750

399,587

287,788

301,190

368,115

520,365

537,380

543,824

539,296

549,502

514,459