| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 |
|---|---|---|---|---|---|---|
Revenue from Contract with Customer, Excluding Assessed Tax | ||||||
381,808 | 351,097 | 250,476 | 184,516 | - | - | - |
Revenues (premium equivalents of $114,498 and $99,407 for the three months ended September 30, 2018 and 2017, respectively and $330,633 and $289,243 for the nine months ended September 30, 2018 and 2017, respectively) | ||||||
- | - | - | - | 104,704 | 88,758 | 56,639 |
Gross margin | ||||||
- | - | - | - | - | - | 56,639 |
Operating expenses: | ||||||
Third-party commissions | ||||||
188,742 | 234,777 | 145,300 | 107,663 | 53,700 | 42,760 | 32,244 |
Contract termination | ||||||
- | - | - | - | - | - | 5,500 |
Selling, general and administrative | ||||||
88,393 | 68,043 | 55,994 | 51,527 | 47,324 | 39,895 | 23,959 |
Marketing and advertising | ||||||
37,896 | 6,307 | 8,452 | - | - | - | - |
Credit card and ACH fees | ||||||
6,150 | 5,909 | 5,127 | 3,960 | 2,287 | 1,863 | 1,173 |
Depreciation and amortization | ||||||
11,842 | 4,799 | 4,044 | - | - | - | - |
Depreciation and amortization | ||||||
- | - | - | 3,249 | 2,954 | 2,367 | 1,313 |
Total operating expenses | ||||||
333,023 | 319,835 | 218,917 | 166,399 | 106,265 | 86,885 | 64,189 |
(Loss) income from operations | ||||||
48,785 | 31,262 | 31,559 | 18,117 | -1,561 | 1,873 | -7,550 |
Other expense: | ||||||
Interest Income (Expense), Net | ||||||
-5,646 | -25 | 19 | -61 | 22 | 13 | -1 |
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability | ||||||
-3,472 | 0 | 0 | 15 | 1,265 | 1,103 | 453 |
TRA (income) expense | ||||||
-212 | 1,471 | -11,835 | - | - | - | - |
TRA expense (income) | ||||||
- | - | - | 9,678 | - | - | - |
TRA expense | ||||||
- | - | - | - | 361 | - | - |
Other expense | ||||||
0 | -130 | -104 | -5 | 178 | -270 | -397 |
Net (loss) income before income taxes | ||||||
46,823 | 29,636 | 43,309 | 8,358 | -457 | 513 | -8,401 |
(Benefit) provision for income taxes | ||||||
10,093 | 10,672 | 16,818 | -4,751 | -1,922 | 90 | 18 |
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||
36,730 | 18,964 | 26,491 | 13,109 | 1,465 | 423 | -8,160 |
Net (loss) income attributable to noncontrolling interests | ||||||
7,116 | 5,970 | 8,606 | 8,596 | 864 | 762 | -5,064 |
Net (loss) income attributable to Benefytt Technologies, Inc. | ||||||
29,614 | 12,994 | 17,885 | 4,513 | 601 | -339 | -3,355 |
Earnings Per Share [Abstract] | ||||||
Net (loss) income per share attributable to Benefytt Technologies, Inc. | ||||||
Basic (in USD per share) | ||||||
2.67 | 1.07 | 1.63 | 0.59 | 0.08 | -0.06 | -0.70 |
Diluted (in USD per share) | ||||||
2.47 | 0.97 | 1.50 | 0.57 | 0.08 | -0.06 | -0.70 |
Weighted Average Number of Shares Outstanding, Diluted [Abstract] | ||||||
Basic (in shares) | ||||||
11,084 | 12,200 | 10,970 | 7,599 | 7,524 | 6,057 | 4,813 |
Weighted Average Number of Shares Outstanding, Diluted | ||||||
11,966 | 13,376 | 11,937 | 7,909 | 7,601 | 6,057 | 4,813 |