Ticker
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HCI GROUP INC   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2024202320222021202020192018201720162015
Period End Date12/31/202412/31/202312/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/201612/31/2015
Gross premiums earned1,083.22765.51724.72577.04415.92342.08343.07358.25378.68423.12
Premiums ceded405.66269.63261.14199.74153.46125.77129.64133.64135.05140.61
Net premiums earned677.56495.89463.57377.30262.46216.31213.42224.62243.63282.51
Policy fee income4.644.704.284.003.523.233.393.623.913.50
Realized Investment Gains3.38(2.00)(1.19)6.471.00(0.25)6.184.352.60(0.61)
Net unrealized investment gains2.643.22(7.15)1.360.687.95(10.20)0.09----
Net investment income59.1546.2332.4512.344.5613.6416.5811.449.093.98
Gain on bargain purchase----------------2.07--
Credit losses on investments------0.00(0.61)----------
Other2.682.634.496.451.851.882.001.761.471.26
Other-than-temporary impairment losses----------(0.29)(0.08)(1.12)(2.25)(5.28)
Portion of loss recognized in other comprehensive income, before taxes--------------(0.35)(0.23)0.59
Gain on repurchases of convertible senior notes----------------0.15--
Gain on remeasurement of previously held interest----------------4.01--
Gain on involuntary conversion--------36.97----------
Gain from remeasurement of contingent liabilities----3.12--------------
Total revenue750.05550.67499.56407.92310.44242.47231.29244.41264.45285.95
Losses and loss adjustment expenses374.71254.58371.46227.53160.04107.51109.33165.63124.6787.22
Policy acquisition and other underwriting expenses99.4090.82104.9893.7353.8642.5038.9439.6642.6441.98
Goodwill impairment loss--------------------
Interest expense13.3411.127.776.4011.7313.0618.1016.7711.0810.75
Salaries and wages----------------19.0420.14
General and administrative personnel expenses63.1553.8756.5145.4333.8331.1125.9125.13----
Other operating expenses(26.02)(22.63)(24.98)21.84(13.80)(12.20)12.12(12.06)(19.78)(19.66)
Impairment loss----(2.28)--------(0.04)(0.39)--
Loss on extinguishment of debt--------(0.10)----------
Loss on repurchase of senior notes--------(0.15)----(0.74)----
Total expenses576.62433.02567.98396.68273.51206.38--260.03217.59179.76
Debt conversion expense------1.75------------
Income before income taxes173.43117.65(68.42)11.2336.9336.0926.90(15.62)46.86106.19
Income taxes45.8528.39(13.82)3.999.359.529.18(8.73)17.8440.33
Current:Federal--------1.096.187.44(3.93)14.9234.77
Current:State--------0.031.361.490.032.675.86
Current:Foreign--------0.110.110.100.080.100.07
Deferred:Federal--------6.691.59(0.25)(4.14)0.18(0.28)
Deferred: Foreign--------(0.01)0.00(0.01)(0.01)(0.02)(0.04)
Deferred:State--------1.440.290.39(0.76)(0.01)(0.05)
Consolidated Net income127.5889.26(54.60)7.2427.5826.5817.73(6.89)29.0265.86
Net income attributable to redeemable noncontrolling interest10.159.379.117.40------------
Net loss attributable to noncontrolling interests7.480.85(5.20)(2.01)------------
Preferred stock dividends--------------------
Less: Income attributable to participating securities4.112.63(3.46)0.021.461.45(0.72)(0.48)1.553.40
Income available to common stockholders105.8476.41(55.05)1.8326.1225.1318.44(6.41)27.4862.46
Basic earnings per common share10.599.13(6.24)0.233.553.322.34(0.75)2.956.51
Diluted earnings per common share8.897.62(6.24)0.213.493.312.34(0.75)2.925.90
Weighted Average Shares Outstanding (Basic)10.008.378.828.097.357.587.888.569.339.60
Weighted Average Shares Outstanding (Diluted)12.6911.048.828.589.6910.247.908.5610.8711.36