United Insurance Holdings Corp. UIHC Income Statement

United insurance holdings corp. (UIHC)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
REVENUE:
Gross premiums written
1,396,892	1,380,268	1,377,692	1,356,443	1,291,343	1,252,401	1,212,654	1,183,938	1,151,623	1,040,848	955,511	882,633	741,042	708,156	685,606	647,250	599,076	569,736	538,950	488,030	454,368	436,753	429,688	408,224	382,607	381,352	334,174	310,034	284,659	254,909	238,854	223,659	211,027	203,806	196,354	207,763	0	0	0
Increase (Decrease) in Unearned Premiums
30,560	46,742	82,757	102,235	77,519	71,440	65,734	72,973	68,715	54,825	61,639	83,242	38,650	41,327	61,681	68,112	63,541	65,521	66,443	43,405	33,502	36,058	44,809	44,058	40,764	64,644	46,689	44,129	39,205	28,655	26,086	22,322	19,880	22,969	25,145	45,437	0	0	0
Gross premiums earned
1,366,332	1,333,526	1,294,935	1,254,208	1,213,824	1,180,961	1,146,920	1,110,965	1,082,908	986,023	893,872	799,391	702,392	666,829	623,925	579,138	535,535	504,215	472,507	444,625	420,866	400,695	384,879	364,166	341,843	316,708	287,485	265,905	245,454	226,254	212,768	201,337	191,147	180,837	171,209	162,326	0	0	0
Ceded premiums earned
603,058	581,126	546,924	527,787	506,501	491,685	475,414	458,295	441,926	400,533	353,416	291,208	239,648	209,898	194,700	186,131	176,255	168,257	158,482	149,493	142,002	135,845	131,262	126,838	122,728	119,330	116,163	113,181	108,979	104,286	100,220	95,152	92,385	90,757	44,893	-318	0	0	0
Net premiums earned
763,274	752,400	748,011	726,421	707,323	689,276	671,506	652,670	640,982	585,490	540,456	508,183	462,744	456,931	429,225	393,007	359,280	335,958	314,025	295,132	278,864	264,850	253,617	237,328	219,115	197,378	171,322	152,724	136,475	121,968	112,548	106,185	98,762	90,080	83,132	75,572	0	0	0
Investment Income, Net
29,767	30,145	29,929	28,747	28,022	26,170	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Investment Income
-	-	-	29,817	-	-	-	23,001	20,547	17,812	15,382	13,144	11,234	10,679	10,273	10,023	9,535	9,212	8,629	8,023	7,401	6,795	6,118	5,400	4,614	3,871	3,396	3,114	3,060	3,083	3,113	3,113	3,036	2,823	3,078	3,239	0	0	0
Available-for-sale Securities, Gross Realized Gain (Loss)
979	1,228	2,515	2,050	1,625	1,655	-53	323	629	67	-485	-308	-74	547	993	1,210	975	827	316	-76	88	-20	46	77	-103	-129	1,806	1,881	2,067	2,160	201	164	239	158	318	360	0	0	0
Unrealized Gain (Loss) on Securities
-11,868	24,761	1,173	4,673	3,317	-9,300	5,046	-1,063	-2,444	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other revenue
16,947	16,582	5,807	5,331	5,061	15,110	32,026	42,058	52,200	51,051	47,914	38,322	28,285	18,960	15,220	14,075	12,944	11,572	10,744	9,676	8,766	8,605	7,718	7,664	7,791	6,960	6,010	5,270	4,299	4,023	3,970	3,591	3,447	3,388	3,427	4,660	0	0	0
Total revenue
799,099	825,116	787,710	767,764	746,136	723,942	733,513	716,989	711,914	654,420	603,267	559,341	502,189	487,117	455,711	418,315	382,734	357,569	333,714	312,755	295,119	280,230	267,499	250,469	231,417	208,080	182,534	162,989	145,901	131,234	119,801	113,022	105,453	96,418	89,955	83,831	0	0	0
EXPENSES:
Losses and loss adjustment expenses
497,783	499,493	491,120	463,547	435,890	408,589	358,530	381,105	379,448	365,535	392,136	321,755	297,428	298,353	245,693	213,379	195,395	183,108	168,502	158,210	142,375	118,077	116,303	111,741	105,956	98,830	88,140	79,512	69,474	58,409	48,863	40,327	39,959	38,861	40,850	40,982	0	0	0
Policy acquisition costs
241,897	238,268	220,068	212,419	201,251	203,140	211,931	204,277	197,143	175,444	158,874	143,661	126,062	117,658	107,347	99,770	95,247	87,401	81,129	74,664	69,663	65,657	62,724	58,548	54,520	50,623	46,909	43,198	39,907	36,877	34,296	32,460	30,763	29,054	27,478	26,071	0	0	0
Operating Costs and Expenses
43,803	44,310	45,191	44,000	42,483	40,590	37,631	33,546	30,121	27,675	24,218	22,885	22,442	20,524	17,963	16,734	15,729	15,316	15,972	14,729	12,778	11,746	10,731	9,910	9,672	9,222	10,714	10,119	9,256	8,630	6,004	5,480	5,226	5,090	4,715	6,718	0	0	0
General and administrative expenses
66,709	65,989	68,274	64,527	60,368	66,112	74,263	78,221	93,754	81,762	70,022	63,035	46,356	42,956	39,367	35,369	30,384	29,852	28,857	25,235	23,058	20,007	17,258	16,583	15,778	14,552	14,298	13,295	12,065	11,734	11,013	10,350	10,104	9,674	8,695	0	0	0	-
Interest expense
9,791	9,781	9,874	9,886	9,817	9,866	8,336	6,652	4,946	3,247	2,608	2,043	1,407	723	491	366	318	326	317	334	378	410	437	441	409	367	327	296	345	355	378	449	477	548	608	857	0	0	0
Total expenses
859,983	857,841	834,527	794,379	749,809	728,297	690,691	703,801	705,412	653,663	647,858	553,379	493,695	480,214	410,861	365,618	337,073	316,003	294,777	273,172	248,252	215,897	207,453	197,223	186,335	173,594	160,388	146,420	131,047	116,005	100,554	89,066	86,529	83,227	82,346	80,955	0	0	0
Income (loss) before other income
-60,884	-32,725	-46,817	-26,615	-3,673	-4,355	42,822	13,188	6,502	757	-44,591	5,962	8,494	6,903	44,850	52,697	45,661	41,566	38,937	39,583	46,867	64,333	60,046	53,246	45,082	34,486	22,146	16,569	14,854	15,229	19,247	23,956	18,924	13,191	7,609	2,876	0	0	0
Other income
141	119	54	56	51	116	165	182	186	153	114	89	117	100	82	178	191	294	353	246	185	77	16	17	17	1	216	216	509	485	-161	-185	-199	-175	256	1,005	0	0	0
Income (loss) before income taxes
-60,743	-32,606	-46,763	-26,559	-3,622	-4,239	42,987	13,370	6,688	910	-44,477	6,051	8,611	7,003	44,932	52,875	45,852	41,860	39,290	39,829	47,052	64,410	60,062	53,263	45,099	34,487	22,900	17,323	15,315	15,714	19,060	23,791	18,773	13,016	7,353	1,871	0	0	0
Provision for income taxes
-9,164	-3,121	-14,360	-10,664	-5,225	-4,633	4,623	-8,689	-7,927	-9,235	-17,104	1,989	1,965	1,305	14,915	18,198	15,741	14,502	14,340	14,322	17,230	23,397	23,092	20,802	17,719	14,145	8,926	6,497	6,007	6,009	7,113	9,177	7,061	4,928	2,806	779	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-51,579	-29,485	-32,403	-15,895	1,603	394	-16,649	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent
-52,064	-29,872	-32,786	-16,214	1,390	290	38,363	22,059	14,615	10,145	-27,373	4,062	6,646	5,698	30,017	34,677	30,111	27,358	24,950	25,507	29,822	41,013	36,970	32,461	27,380	20,342	13,974	10,826	9,308	9,705	11,947	14,614	11,712	8,088	4,547	1,092	0	0	0
Net Income (Loss) Attributable to Noncontrolling Interest
485	387	383	319	213	104	1	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest
331	588	675	575	370	139	1	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
OTHER COMPREHENSIVE INCOME:
Change in net unrealized gains (losses) on investments
9,934	28,366	39,003	30,043	15,442	-22,264	-30,568	-24,542	-16,468	10,647	-425	-6,592	-3,278	-629	8,957	13,093	781	-3,070	244	-1,646	6,569	6,367	4,179	5,793	-2,275	-4,233	-4,451	-3,374	2,337	2,602	3,863	4,862	4,987	4,291	5,832	4,075	0	0	0
Reclassification adjustment for net realized investment (gains) losses
979	1,228	2,515	2,050	1,625	1,655	-53	323	629	67	-485	-308	-74	547	993	1,210	975	827	316	-76	88	-20	46	77	-103	-129	1,968	2,043	2,229	2,160	263	226	77	158	-318	-360	0	0	0
Income tax benefit (expense) related to items of other comprehensive income
2,146	6,588	8,781	6,596	3,679	-5,703	-9,136	-7,387	-5,284	2,181	53	-2,295	-1,197	-378	3,056	4,477	-75	-1,506	-28	-607	2,504	2,468	1,597	2,209	-838	-1,583	-2,414	-2,028	106	170	1,426	1,825	1,843	1,607	464	-724	0	0	0
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest
-44,770	-8,935	-4,696	5,502	11,741	-17,822	-37,878	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total comprehensive income
-45,101	-9,523	-5,371	4,927	11,371	-17,961	16,984	4,581	2,802	18,544	-27,366	73	4,639	4,900	34,925	42,083	29,992	24,967	24,906	24,544	33,799	44,932	39,506	35,968	26,046	17,821	10,131	7,599	9,472	9,977	14,214	17,518	14,648	10,645	7,935	3,375	0	0	0
Weighted-average shares outstanding
Weighted-average shares outstanding
42,805	42,799	42,795	42,762	42,696	42,694	42,677	42,648	42,581	42,816	42,524	41,799	21,471	21,450	21,448	21,423	21,346	21,574	21,290	21,255	20,752	20,796	20,745	20,735	17,458	16,130	16,129	16,115	16,028	11,345	10,361	10,361	10,361	-	10,361	-	10,573	10,573	10,573
Weighted Average Number of Shares Outstanding, Diluted
42,805	42,509	42,795	42,762	42,986	43,138	42,677	42,790	42,748	43,043	42,741	42,028	21,688	21,645	21,643	21,631	21,537	21,530	21,528	21,508	21,243	20,950	20,843	20,845	17,543	16,231	16,186	16,199	16,115	11,449	10,448	10,361	10,361	-	10,361	-	10,573	10,573	10,573
Earnings Per Share [Abstract]
Basic earnings per share
-0.30	-0.19	-0.66	-0.07	0.22	-0.26	-0.27	0.34	0.20	0.58	-0.66	0.17	0.18	-0.49	0.16	0.46	0.14	0.65	0.38	0.25	0.01	0.53	0.42	0.46	0.65	0.45	0.26	0.28	0.27	0.07	0.09	0.29	0.46	-	0.35	-	0.11	-0.03	0.02
Earnings Per Share, Diluted
-0.30	-0.19	-0.66	-0.07	0.22	-0.26	-0.27	0.34	0.20	0.58	-0.66	0.17	0.18	-0.49	0.16	0.45	0.14	0.64	0.38	0.25	0.01	0.53	0.41	0.46	0.65	0.45	0.26	0.28	0.27	0.07	0.09	0.29	0.46	-	0.35	-	0.11	-0.03	0.02
Weighted average shares outstanding, Basic and Diluted (share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,473	-	-	-
Earnings per share, Basic and Diluted (per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.01	-	-	-
Common Stock, Dividends, Per Share, Declared
-	-	-	-	-	-	-	-	0.06	-	0.06	0.06	0.06	-	0.06	0.06	0.05	0.05	0.05	0.05	0.05	0.04	0.04	0.04	0.04	0.03	0.03	0.03	0.03	0.03	0.00	0.00	0.05	0.05	0.00	0.00	0.00	0.00	0.00