| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Net Cash Provided by (Used in) Operating Activities [Abstract] | |||||||||
Net loss | |||||||||
-36,100 | 179,900 | -50,500 | -97,400 | -35,762 | -11,832 | 111,606 | 27,869 | -33,269 | -19,192 |
Adjustments to reconcile (loss) income to cash provided by continuing operating activities | |||||||||
Reorganization items, net | |||||||||
- | - | - | - | - | - | - | - | - | 1 |
Provision for doubtful accounts receivable | |||||||||
- | - | 100 | 2,900 | 99 | 403 | 1,507 | 4,819 | 7,621 | 8,392 |
Share-based compensation expense | |||||||||
7,800 | 9,000 | 5,200 | 8,300 | 11,102 | 11,028 | 2,286 | 5,200 | 5,218 | 1,635 |
Depreciation and amortization | |||||||||
41,100 | 38,700 | 36,600 | 28,900 | 32,455 | 11,069 | 23,964 | 43,239 | 65,148 | 68,220 |
Amortization of deferred financing costs and debt discount | |||||||||
13,900 | 7,400 | 6,100 | 3,300 | 1,420 | 240 | 0 | 0 | - | - |
Impairment of goodwill and long-lived assets | |||||||||
- | - | - | - | - | - | 3,123 | 20,298 | 14,679 | - |
Amortization of deferred financing costs and debt discount | |||||||||
- | - | - | - | - | - | 86 | 201 | - | - |
Impairment of goodwill and long-lived assets | |||||||||
- | - | - | - | - | - | - | - | - | 6,161 |
Amortization of (discount) premium on investments | |||||||||
8,500 | 6,200 | 8,000 | 11,400 | 301 | 1,593 | - | - | 213 | 183 |
Gain on sale or disposal of assets | |||||||||
- | - | 2,800 | -2,400 | -170 | -816 | 148,848 | 93,175 | 8,163 | 2,542 |
Gain on sale and deconsolidation of subsidiary | |||||||||
0 | 105,100 | 0 | 0 | - | - | - | - | - | - |
Gain on bargain purchase | |||||||||
1,100 | 115,400 | 0 | 0 | - | - | 0 | 0 | - | - |
Loss from equity investees | |||||||||
2,200 | 15,400 | 17,800 | 10,800 | -1,499 | 3,050 | 0 | 0 | - | - |
Loss on early extinguishment of debt | |||||||||
- | - | 0 | 0 | - | -11,969 | - | - | -7,346 | 164 |
(Gain) loss on conversion option | |||||||||
- | - | 0 | 0 | - | - | - | - | - | - |
Lease termination costs | |||||||||
- | - | -300 | -200 | -1,185 | 0 | - | - | - | - |
Asset impairment expense | |||||||||
55,000 | 1,000 | 1,800 | 2,400 | 547 | 291 | - | - | - | - |
Impairment of investments | |||||||||
- | - | 10,000 | 4,300 | 0 | 0 | - | - | - | - |
Net realized and unrealized gains on investments | |||||||||
9,000 | 28,800 | 5,100 | 2,500 | -6,053 | -1,174 | 0 | 0 | - | - |
Net (gain) loss on contingent consideration | |||||||||
- | - | -11,400 | 8,900 | 0 | 0 | - | - | - | - |
Receipt of dividends from equity investees | |||||||||
9,800 | 19,800 | 4,700 | 8,700 | 4,647 | 2,081 | - | - | - | - |
(Gain) loss on sale of investments | |||||||||
- | - | - | - | - | - | 0 | 0 | - | - |
Loss on early extinguishment or restructuring of debt | |||||||||
- | - | - | - | - | - | -21,124 | -21,682 | - | - |
Change in fair value of Contingent Value Rights | |||||||||
- | - | - | - | - | - | 14,904 | 1,292 | 2,902 | - |
Change in fair value of Contingent Value Rights | |||||||||
- | - | - | - | - | - | - | - | - | -13,737 |
Deferred income taxes | |||||||||
-28,100 | -2,600 | -10,500 | 27,100 | -13,102 | -30,223 | -522 | 119 | -1,763 | -6,321 |
Annuity benefits | |||||||||
9,800 | 6,600 | 8,700 | 9,000 | 0 | 0 | - | - | - | - |
Other operating activities | |||||||||
-300 | -10,100 | -7,800 | 900 | -5,451 | 65 | - | - | - | - |
All other operating activities | |||||||||
- | - | - | - | - | - | 764 | 324 | -1,898 | 15,734 |
Changes in assets and liabilities, net of acquisitions and disposition: | |||||||||
Accounts receivable | |||||||||
-52,400 | 30,200 | 47,100 | 55,900 | 60,720 | -18,349 | 2,892 | -16,372 | 540 | -3,405 |
Costs and recognized earnings in excess of billings on uncompleted contracts | |||||||||
- | - | - | - | - | 1,139 | 0 | 0 | - | - |
Inventory | |||||||||
- | - | - | - | - | -6,616 | -644 | -662 | - | - |
Recoverable from reinsurers | |||||||||
-4,400 | -238,800 | 2,100 | 2,000 | 0 | 0 | - | - | - | - |
Accrued investment income | |||||||||
- | - | - | - | - | 0 | - | - | - | - |
Other assets | |||||||||
-5,200 | 26,100 | 23,200 | -46,800 | -8,063 | -764 | 5,346 | 2,059 | -720 | 1,176 |
(Increase) decrease in other assets | |||||||||
- | - | - | - | - | - | -3,221 | -5,933 | -3,550 | 2,545 |
Life, accident and health reserves | |||||||||
45,100 | 126,700 | 45,300 | 56,300 | 608 | 0 | - | - | - | - |
Accounts payable and other current liabilities | |||||||||
-29,600 | 6,600 | 54,300 | 11,800 | 36,216 | 18,968 | -2,014 | -8,393 | -9,747 | -8,476 |
Increase (decrease) in accrued interconnection costs | |||||||||
- | - | - | - | - | - | 4,418 | -3,397 | -4,309 | -6,167 |
Increase (decrease) in accrued payroll and employee benefits | |||||||||
- | - | - | - | - | - | -5,287 | 0 | - | - |
Increase (decrease) in accrued expenses, other current liabilities and other liabilities, net | |||||||||
- | - | - | - | - | - | -829 | -8,203 | -9,840 | -331 |
Billings in excess of costs and recognized earnings on uncompleted contracts | |||||||||
- | - | - | - | - | -23,793 | 0 | 0 | - | - |
Pension liability | |||||||||
- | - | - | - | - | -7,564 | 0 | 0 | - | - |
Other liabilities | |||||||||
-36,700 | 14,200 | -11,800 | 15,900 | -28,146 | -1,951 | -1,741 | -1,164 | - | - |
Increase (decrease) in accrued income taxes | |||||||||
- | - | - | - | - | - | -7,432 | -942 | 3,332 | -2,581 |
Increase (decrease) in accrued interest | |||||||||
- | - | - | - | - | - | -1,715 | -3,870 | 3,740 | 118 |
Net cash provided by operating activities before cash reorganization items | |||||||||
- | - | - | - | - | - | - | - | - | 36,621 |
Cash effect of reorganization items | |||||||||
- | - | - | - | - | - | - | - | - | 137 |
Cash provided by operating activities | |||||||||
110,500 | 341,400 | 6,600 | 79,100 | -27,914 | 5,744 | -20,315 | 23,569 | 42,932 | 36,484 |
Cash flows from investing activities | |||||||||
Purchase of property, plant and equipment | |||||||||
41,400 | 39,700 | 31,900 | 29,000 | 21,324 | 5,819 | 12,577 | 31,747 | 31,533 | 26,421 |
Disposal of property, plant and equipment | |||||||||
4,600 | 5,900 | 2,000 | 8,800 | 5,034 | 3,706 | 9 | 25 | 14,227 | 5,598 |
Purchase of investments | |||||||||
1,060,100 | 1,184,600 | 341,900 | 229,700 | 51,598 | 33,034 | - | - | - | - |
Sale of investments | |||||||||
748,700 | 248,800 | - | - | - | - | - | - | - | - |
Maturities and redemptions of investments | |||||||||
123,500 | 82,300 | - | - | - | - | - | - | - | - |
Sale of investments | |||||||||
- | - | -157,200 | -89,400 | -12,248 | -2,411 | - | - | - | - |
Purchases of equity investments | |||||||||
- | - | - | - | - | - | 0 | 0 | - | - |
Purchases of available-for-sale securities | |||||||||
- | - | - | - | - | - | 0 | 0 | - | - |
Investment in debt security | |||||||||
- | - | - | - | - | - | 0 | 0 | - | - |
Maturities and redemptions of investments | |||||||||
- | - | 143,300 | 97,400 | 0 | 0 | - | - | - | - |
Purchase of equity method investments | |||||||||
- | - | 10,600 | 10,200 | 3,000 | - | - | - | - | - |
Sale of available-for-sale securities | |||||||||
- | - | - | - | - | - | 0 | 0 | - | - |
Cash received from dispositions, net | |||||||||
13,500 | 92,000 | 0 | 0 | - | 31,645 | 270,634 | 183,101 | 1,464 | 123 |
Cash paid for acquisitions, net | |||||||||
60,700 | -572,100 | 57,800 | 66,300 | - | - | - | - | - | - |
Cash (paid for) received from acquisitions, net | |||||||||
- | - | - | - | -39,726 | 146,026 | 397 | 1,707 | -9,501 | - |
Change in restricted cash | |||||||||
- | - | - | - | - | -1,785 | - | - | - | - |
Other investing activities | |||||||||
-8,200 | 1,400 | -400 | 600 | 0 | 0 | - | - | - | - |
Cash provided by (used in) investing activities | |||||||||
-263,700 | -224,600 | -139,300 | -140,200 | -18,914 | -148,902 | 258,144 | 149,738 | -2,332 | -21,221 |
Cash flows from financing activities | |||||||||
Proceeds from debt obligations | |||||||||
123,900 | 850,600 | 186,900 | 56,100 | 54,042 | 374,815 | 0 | 0 | 11,625 | - |
Principal payments on debt obligations | |||||||||
44,500 | 697,000 | 51,600 | 22,300 | 19,287 | 148,664 | 128,036 | 120,763 | 44,970 | 13,866 |
Payment of fees on restructuring of debt | |||||||||
- | - | - | - | - | 12,333 | 1,201 | 13,455 | 4,940 | - |
Cash received by subsidiary to issue preferred stock | |||||||||
8,900 | 0 | - | - | 14,033 | 40,050 | 0 | 0 | - | - |
Cash paid by subsidiary to purchase HC2 preferred stock | |||||||||
8,300 | 5,800 | 0 | 0 | - | - | - | - | - | - |
Annuity receipts | |||||||||
2,200 | 2,400 | 2,900 | 3,400 | 78 | 0 | - | - | - | - |
Annuity surrenders | |||||||||
18,100 | 19,200 | 19,600 | 21,700 | 0 | 0 | - | - | - | - |
Proceeds from sale of common stock, net | |||||||||
- | - | - | - | 53,975 | 6,000 | 1,158 | 124 | 1,110 | - |
Transactions with noncontrolling interests | |||||||||
2,400 | -12,300 | 700 | 6,200 | -475 | -38,403 | - | - | - | - |
Sale of noncontrolling interests | |||||||||
- | - | - | - | - | 0 | - | - | - | - |
Sales of marketable securities | |||||||||
- | - | - | - | - | - | - | - | 4,087 | - |
Change in restricted cash | |||||||||
- | - | - | - | -6,014 | 0 | -475 | -66 | 78 | 521 |
Payment of dividends | |||||||||
- | - | 3,600 | 4,200 | 5,687 | 1,626 | 119,788 | 55,265 | - | - |
Net cash received for contingent consideration | |||||||||
- | - | - | - | 0 | 0 | - | - | - | - |
Purchase of noncontrolling interest | |||||||||
- | - | - | - | - | - | 0 | 0 | 1,205 | - |
Payment of dividend equivalents | |||||||||
- | - | - | - | - | - | 1,235 | 125 | - | - |
Receipt of dividends | |||||||||
- | - | - | - | - | - | 0 | 0 | - | - |
Purchase of treasury stock | |||||||||
- | - | - | - | - | - | - | - | 378 | - |
Taxes paid in lieu of shares issued for share-based compensation | |||||||||
- | - | - | - | 0 | 47 | 1,000 | 1,653 | - | - |
Proceeds from the exercise of warrants and stock options | |||||||||
- | - | - | - | - | 24,348 | 0 | 0 | - | - |
Other financing activities | |||||||||
-4,100 | -3,500 | -300 | 1,300 | 0 | 0 | - | - | - | - |
Cash used in financing activities | |||||||||
62,400 | 115,200 | 115,400 | 18,800 | 102,693 | 244,140 | -250,102 | -191,137 | -38,758 | -13,866 |
Effects of exchange rate changes on cash, cash equivalents and restricted cash | |||||||||
1,000 | -500 | 300 | -1,000 | - | - | - | - | - | - |
Net change in cash, cash equivalents and restricted cash | |||||||||
-89,800 | 231,500 | -17,000 | -43,300 | - | - | - | - | - | - |
Supplemental cash flow information: | |||||||||
Cash paid for interest | |||||||||
75,900 | 69,900 | 47,600 | 39,200 | 39,451 | 7,527 | 10,372 | 24,908 | 26,729 | 35,576 |
Cash paid for taxes, net of (refunds) | |||||||||
7,900 | 13,100 | 19,200 | 20,900 | 1,134 | 8,792 | 616 | 2,349 | 1,594 | 2,996 |
Preferred stock dividends and accretion | |||||||||
- | - | - | - | - | - | 0 | 0 | - | - |
Non-cash investing and financing activities: | |||||||||
Acquisition purchase consideration recorded in working-capital and long-term liabilities | |||||||||
- | - | - | - | - | - | - | - | 2,507 | - |
Business acquisition purchased with Company common stock | |||||||||
- | - | - | - | - | - | - | - | 50,609 | - |
Business disposition proceeds in note receivable | |||||||||
- | - | - | - | - | - | - | - | - | 3,380 |
Prepayment premium associated with debt restructuring converted into new debt | |||||||||
- | - | - | - | - | - | 0 | 9,084 | 22,666 | - |
Acquisition of noncontrolling interest | |||||||||
- | - | - | - | - | - | 0 | 8,654 | - | - |
Purchases of property, plant and equipment under financing arrangements | |||||||||
- | - | - | - | 1,808 | 4,400 | 0 | 0 | - | - |
Purchases of property, plant and equipment under financing arrangements | |||||||||
- | - | - | - | - | - | 148 | 0 | 14,874 | 51 |
Property, plant and equipment included in accounts payable | |||||||||
7,300 | 2,900 | 1,400 | 1,600 | 911 | 2,544 | 0 | 0 | - | - |
Investments included in accounts payable | |||||||||
30,100 | 300 | 6,300 | 2,500 | 0 | 0 | - | - | - | - |
Investments included in accounts receivable | |||||||||
- | - | 0 | 0 | - | - | - | - | - | - |
Reacquisition of shares from a noncontrolling interest | |||||||||
- | - | - | - | - | 1,700 | 0 | 0 | - | - |
Conversion of preferred stock to common stock | |||||||||
- | - | 4,400 | 28,600 | 1,839 | 0 | - | - | - | - |
Deemed dividend from conversion of preferred stock | |||||||||
- | - | 500 | 6,900 | 0 | 0 | - | - | - | - |
Dividends payable to stockholders | |||||||||
- | - | 500 | 1,300 | 1,005 | 777 | - | - | - | - |
Effects of exchange rate changes on cash and cash equivalents | |||||||||
- | - | - | - | -5,219 | -2,001 | -1,927 | -25 | -2,324 | -2,401 |
Net change in cash and cash equivalents | |||||||||
- | - | - | - | 50,646 | 98,981 | -14,200 | -17,855 | -482 | -1,004 |
Business acquisition through the issuance of common stock, debt and warrants | |||||||||
- | - | 20,100 | 0 | 11,591 | 0 | - | - | - | - |
Issuance of debt obligations | |||||||||
- | - | - | - | 5,000 | 0 | - | - | - | - |
Fair value of contingent assets assumed in other acquisitions | |||||||||
- | - | 0 | 3,000 | 0 | 0 | - | - | - | - |
Fair value of deferred liabilities assumed in other acquisitions | |||||||||
- | - | 0 | 3,000 | 0 | 0 | - | - | - | - |
Debt assumed in acquisitions | |||||||||
- | - | 2,500 | 20,800 | 0 | 0 | - | - | - | - |
Declared but unpaid dividends from equity method investments included in other assets | |||||||||
- | - | 0 | 0 | - | - | - | - | - | - |