XML 133 R118.htm IDEA: XBRL DOCUMENT v3.19.2
Operating Segment and Related Information - Geographic and Operating Segments (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues from External Customers and Long-Lived Assets [Line Items]        
Revenues $ 518.6 $ 496.8 $ 1,010.0 $ 950.5
Income (loss) from operations 30.9 (5.5) 52.5 (19.3)
Interest expense (23.0) (17.2) (45.3) (36.5)
Gain on sale and deconsolidation of subsidiary 0.0 102.1 0.0 102.1
Income from equity investees 6.1 10.7 1.2 5.5
Gain on bargain purchase 1.1 0.0 1.1 0.0
Other income (expense), net (4.7) (0.9) (1.4) 0.2
Income from continuing operations 10.4 89.2 8.1 52.0
Income tax expense (1.2) (9.4) (5.2) (11.1)
Net income 9.2 79.8 2.9 40.9
Less: Net (income) loss attributable to noncontrolling interest and redeemable noncontrolling interest 0.2 (24.4) 3.7 (20.5)
Net income attributable to HC2 Holdings, Inc. 9.4 55.4 6.6 20.4
Less: Preferred dividends, deemed dividends, and repurchase gains 0.4 0.7 (0.8) 1.4
Net income attributable to common stock and participating preferred stockholders 9.0 54.7 7.4 19.0
Depreciation and Amortization 7.6 9.0 14.5 18.7
Capital Expenditures 12.8 11.0 19.2 20.2
Construction        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Depreciation and Amortization 4.0 1.7 7.9 3.2
Capital Expenditures 2.8 2.9 5.4 4.1
Marine Services        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Depreciation and Amortization 6.4 6.3 13.0 13.3
Capital Expenditures 5.1 7.5 8.2 14.1
Energy        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Depreciation and Amortization 1.5 1.3 2.9 2.7
Capital Expenditures 0.2 0.4 0.3 1.2
Telecommunications        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Depreciation and Amortization 0.1 0.1 0.2 0.2
Capital Expenditures 0.0 0.0 0.0 0.1
Insurance        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Depreciation and Amortization (6.0) (1.3) (12.5) (2.3)
Capital Expenditures 0.0 0.0 0.2 0.3
Life Sciences        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Depreciation and Amortization 0.1 0.1 0.1 0.1
Capital Expenditures 0.0 0.0 0.0 0.1
Broadcasting        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Depreciation and Amortization 1.5 0.8 2.9 1.5
Capital Expenditures 4.7 0.2 5.1 0.3
United States        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Revenues 469.9 423.0 910.5 835.4
United Kingdom        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Revenues 38.8 65.4 81.0 101.8
Other        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Revenues 9.9 8.4 18.5 13.3
Operating Segments | Construction        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Revenues 195.7 176.9 387.8 335.9
Income (loss) from operations 16.2 11.8 21.9 17.9
Operating Segments | Marine Services        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Revenues 39.4 68.4 81.8 105.1
Income (loss) from operations (2.7) 2.8 (6.8) 0.0
Operating Segments | Energy        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Revenues 5.5 7.1 10.6 11.6
Income (loss) from operations (0.3) 1.5 (0.7) 0.9
Operating Segments | Telecommunications        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Revenues 189.3 190.5 344.8 392.8
Income (loss) from operations 0.2 1.1 0.8 2.1
Operating Segments | Insurance        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Revenues 82.1 43.8 170.9 84.0
Income (loss) from operations 30.9 4.0 65.3 6.9
Operating Segments | Life Sciences        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Income (loss) from operations (1.8) (6.6) (3.6) (9.8)
Operating Segments | Broadcasting        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Revenues 10.0 11.1 19.8 21.7
Income (loss) from operations (1.7) (8.4) (5.0) (16.1)
Operating Segments | Other        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Revenues 0.0 1.0 0.0 3.4
Income (loss) from operations 0.0 (1.2) 0.0 (1.4)
Operating Segments | Non-operating Corporate        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Income (loss) from operations (6.5) (8.5) (13.7) (15.8)
Eliminations        
Revenues from External Customers and Long-Lived Assets [Line Items]        
Revenues (3.4) (2.0) (5.7) (4.0)
Income (loss) from operations $ (3.4) $ (2.0) $ (5.7) $ (4.0)