Independence holding company (IHC)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenues
Premiums Earned, Net

338,741

321,248

282,266

262,704

479,534

479,048

495,991

356,067

336,414

289,586

258,099

Net Investment Income

15,643

15,021

14,430

16,570

17,237

21,614

27,471

33,356

39,788

36,560

36,700

Insurance Commissions and Fees

14,003

18,900

16,765

16,446

10,651

17,147

26,954

29,290

28,632

32,741

29,322

Net investment income

-

-

-

-

-

-

-

-

-

41,801

43,520

Other Income

2,002

-3,361

4,494

12,257

10,267

4,851

4,878

4,953

6,015

5,743

7,110

Gain (Loss) on Investments

4,705

-1,033

2,539

4,502

3,094

7,688

19,750

5,099

8,670

4,646

8,789

Gain on sale of subsidiary to joint venture

-

-

-

0

9,940

-

-

-

-

-

-

Equity income from significant equity method investments

-

-

-

-

-

-

-

-

-

280

1,289

Gain on bargain purchase of AMIC

-

-

-

-

-

-

-

-

-

27,830

-

Revenues

374,448

350,775

320,494

311,004

530,495

530,348

575,044

428,061

417,996

435,368

354,838

Other-than-temporary Impairment Loss, Debt Securities, Available-for-sale
Other-than-temporary Impairment Loss, Debt Securities, Available-for-sale

646

0

-

-

-

-

-

-

-

-

-

Other than Temporary Impairment Losses, Investments, Available-for-sale Securities

-

-

-

1,475

228

-

-

992

2,471

3,819

29,991

Other-than-temporary Impairment Loss, Debt Securities, Available-for-sale, Portion in Other Comprehensive Loss, before Tax, Including Portion Attributable to Noncontrolling Interest

0

0

-

0

0

-

-

288

948

-

-

Other-than-temporary Impairment Loss, Debt Securities, Available-for-sale, Recognized in Earnings

646

0

-

-

-

-

-

-

-

-

-

Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net, Available-for-sale Securities

-

-

-

1,475

228

0

-

704

1,523

3,819

29,991

Operating Expenses
Policyholder Benefits and Claims Incurred, Net

174,121

144,206

135,054

145,231

307,178

326,035

354,790

244,791

238,862

-

-

Selling, General and Administrative Expense

174,979

169,028

157,104

132,174

177,641

181,387

179,553

149,999

147,102

139,643

139,370

Benefits, claims and reserves - Health

-

-

-

-

-

-

-

-

-

201,136

180,265

Benefits claims and reserves - Life and annuity

-

-

-

-

-

-

-

-

-

50,182

44,969

Amortization of deferred acquisition costs

-

-

-

-

-

-

15,132

6,566

11,569

6,243

5,519

Interest Expense, Debt

-

-

-

1,534

1,798

1,797

1,915

2,091

1,965

1,912

2,817

Benefits, Losses and Expenses

349,100

313,234

292,158

278,939

486,617

509,219

551,390

403,447

399,498

399,116

372,940

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest

25,348

37,541

28,336

32,065

43,878

21,129

23,654

24,614

18,498

36,252

-18,102

Income Tax Expense (Benefit)

12,659

8,488

-13,794

9,555

15,904

6,108

8,398

2,003

3,732

12,583

-10,669

Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

-

-

-

22,510

27,974

15,021

-

-

-

23,669

-7,433

Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax

-

-

-

117,617

4,310

2,183

-

-

-

-

-

Discontinued Operation, Tax Effect of Discontinued Operation

-

-

-

6,813

1,762

283

-

-

-

-

-

Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

-

-

-

110,804

2,548

1,900

-

-

-

-256

301

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

12,689

29,053

42,130

133,314

30,522

16,921

15,256

22,611

14,766

23,413

-7,132

Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest

119

352

27

10,016

578

628

1,477

2,950

1,763

1,676

-10

Net Income (Loss) Attributable to Redeemable Noncontrolling Interest

174

219

61

0

0

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

12,396

28,482

42,042

123,298

29,944

16,293

13,779

19,661

13,003

21,737

-7,122

Earnings Per Share, Basic
Income (Loss) from Continuing Operations, Per Basic Share

-

-

-

1.28

1.59

0.83

-

-

-

1.31

-0.48

Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share

-

-

-

5.90

0.14

0.10

-

-

-

-0.02

0.02

Earnings Per Share, Basic

0.83

1.92

2.67

7.18

1.73

0.93

0.78

1.09

0.74

1.29

-0.46

Weighted Average Number of Shares Outstanding, Basic

14,903

14,812

15,718

17,162

17,314

17,471

17,758

17,979

17,577

16,795

15,418

Earnings Per Share, Diluted
Income (Loss) from Continuing Operations, Per Diluted Share

-

-

-

1.27

1.58

0.82

-

-

-

1.31

-0.48

Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share

-

-

-

5.82

0.13

0.10

-

-

-

-0.02

0.02

Earnings Per Share, Diluted

0.83

1.89

2.63

7.09

1.71

0.92

0.77

1.09

0.74

1.29

-0.46

Weighted Average Number of Shares Outstanding, Diluted

14,976

15,104

16,008

17,379

17,484

17,636

17,871

18,088

17,584

16,797

15,418