2021 Q1 Form 10-Q Financial Statement

#000100683721000058 Filed on May 07, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $171.8M $186.6M
YoY Change -7.93% -58.44%
Cost Of Revenue $141.3M $156.8M
YoY Change -9.89% -51.68%
Gross Profit $30.50M $29.80M
YoY Change 2.35% -76.06%
Gross Profit Margin 17.75% 15.97%
Selling, General & Admin $37.10M $38.90M
YoY Change -4.63% -17.06%
% of Gross Profit 121.64% 130.54%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.200M $6.700M
YoY Change -7.46% 179.17%
% of Gross Profit 20.33% 22.48%
Operating Expenses $37.10M $38.90M
YoY Change -4.63% -91.72%
Operating Profit -$10.90M -$13.60M
YoY Change -19.85% -153.13%
Interest Expense $21.40M $19.20M
YoY Change 11.46% 2.13%
% of Operating Profit
Other Income/Expense, Net $3.400M $1.500M
YoY Change 126.67% -55.88%
Pretax Income -$41.80M -$39.60M
YoY Change 5.56% -1020.93%
Income Tax $1.100M -$9.700M
% Of Pretax Income
Net Earnings $12.60M -$83.10M
YoY Change -115.16% 2867.86%
Net Earnings / Revenue 7.33% -44.53%
Basic Earnings Per Share $0.15 -$1.82
Diluted Earnings Per Share $0.15 -$1.82
COMMON SHARES
Basic Shares Outstanding 76.90M shares 45.90M shares
Diluted Shares Outstanding 76.90M shares 45.90M shares

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $54.20M $4.244B
YoY Change -98.72% -1.89%
Cash & Equivalents $54.20M $14.90M
Short-Term Investments $4.057B
Other Short-Term Assets $21.30M $960.6M
YoY Change -97.78% -1.74%
Inventory
Prepaid Expenses
Receivables $186.4M $333.3M
Other Receivables $128.9M $191.8M
Total Short-Term Assets $5.920B $5.538B
YoY Change 6.91% -1.67%
LONG-TERM ASSETS
Property, Plant & Equipment $149.3M $223.4M
YoY Change -33.17% -40.68%
Goodwill $110.9M $112.0M
YoY Change -0.98% -34.77%
Intangibles $167.1M $220.1M
YoY Change -24.08% -0.72%
Long-Term Investments $40.90M
YoY Change
Other Assets $41.50M $246.0M
YoY Change -83.13% -12.39%
Total Long-Term Assets $485.6M $801.5M
YoY Change -39.41% -23.72%
TOTAL ASSETS
Total Short-Term Assets $5.920B $5.538B
Total Long-Term Assets $485.6M $801.5M
Total Assets $6.406B $6.339B
YoY Change 1.06% -5.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $70.20M $147.4M
YoY Change -52.37% 11.33%
Accrued Expenses $78.60M $180.7M
YoY Change -56.5% -1.74%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $82.80M $433.6M
YoY Change -80.9%
Total Short-Term Liabilities $5.470B $5.379B
YoY Change 1.7% 0.56%
LONG-TERM LIABILITIES
Long-Term Debt $463.3M $686.0M
YoY Change -32.46% -9.97%
Other Long-Term Liabilities $34.00M $170.8M
YoY Change -80.09% -8.76%
Total Long-Term Liabilities $34.00M $170.8M
YoY Change -80.09% -8.76%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.470B $5.379B
Total Long-Term Liabilities $34.00M $170.8M
Total Liabilities $5.975B $6.260B
YoY Change -4.56% -1.15%
SHAREHOLDERS EQUITY
Retained Earnings -$176.1M -$179.8M
YoY Change -2.06% 179.63%
Common Stock $355.8M $282.7M
YoY Change 25.86% 6.92%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.200M $4.200M
YoY Change 23.81% 31.25%
Treasury Stock Shares 1.385M shares 1.110M shares
Shareholders Equity $389.6M $14.10M
YoY Change
Total Liabilities & Shareholders Equity $6.406B $6.339B
YoY Change 1.06% -5.14%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $12.60M -$83.10M
YoY Change -115.16% 2867.86%
Depreciation, Depletion And Amortization $6.200M $6.700M
YoY Change -7.46% 179.17%
Cash From Operating Activities -$2.500M $35.30M
YoY Change -107.08% -7.35%
INVESTING ACTIVITIES
Capital Expenditures $3.200M $5.000M
YoY Change -36.0% 51.52%
Acquisitions
YoY Change
Other Investing Activities $1.600M -$1.300M
YoY Change -223.08% -140.63%
Cash From Investing Activities $67.90M $60.10M
YoY Change 12.98% -202.91%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $356.5M $99.90M
YoY Change 256.86% 3742.31%
Cash From Financing Activities -$35.90M -$148.2M
YoY Change -75.78% 2215.63%
NET CHANGE
Cash From Operating Activities -$2.500M $35.30M
Cash From Investing Activities $67.90M $60.10M
Cash From Financing Activities -$35.90M -$148.2M
Net Change In Cash $10.90M -$8.400M
YoY Change -229.76% -67.94%
FREE CASH FLOW
Cash From Operating Activities -$2.500M $35.30M
Capital Expenditures $3.200M $5.000M
Free Cash Flow -$5.700M $30.30M
YoY Change -118.81% -12.93%

Facts In Submission

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400000 USD
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CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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24700000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
56200000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
56200000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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16300000 USD
CY2021Q1 us-gaap Nature Of Operations
NatureOfOperations
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">1. Organization and Business </span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">HC2 Holdings, Inc. ("HC2" and, together with its consolidated subsidiaries, the "Company", "we" and "our") is a diversified holding company that has a portfolio of subsidiaries in a variety of operating segments. We seek to grow these businesses so that they can generate long-term sustainable free cash flow and attractive returns in order to maximize value for all stakeholders. While the Company generally intends to acquire controlling equity interests in its operating subsidiaries, the Company may invest to a limited extent in a variety of debt instruments or noncontrolling equity interest positions. The Company’s shares of common stock trade on the NYSE under the symbol "HCHC".</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The Company currently has four reportable segments, plus our Other segment, based on management’s organization of the enterprise- Infrastructure, Life Sciences, Spectrum, Insurance, and Other which includes businesses that do not meet the separately reportable segment thresholds.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:107%">1.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:107%;padding-left:29.25pt">Our Infrastructure segment is comprised of DBM Global Inc. ("DBMG") and its wholly-owned subsidiaries. DBMG is a fully integrated Industrial Construction, Structural Steel and Facility Maintenance provider that provides 3-D Building Information Modeling (“BIM”), detailing, fabrication and erection of structural steel and heavy steel plate. DBMG provides these services on commercial, industrial, and infrastructure construction projects such as high- and low-rise buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills and power plants. DBMG also fabricates trusses and girders and specializes in the fabrication and erection of large-diameter water pipe and water storage tanks. Through GrayWolf, DBMG provides integrated solutions for digital engineering, modeling and detailing, construction, heavy equipment installation and facility services including maintenance, repair, and installation to a diverse range of end markets. Through Aitken Manufacturing, DBMG manufactures pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators and a variety of customized products. The Company maintains an approximately 92% controlling interest in DBMG.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%">2.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:115%;padding-left:29.25pt">Our Life Sciences segment is comprised of Pansend Life Sciences, LLC ("Pansend"). Pansend maintains controlling interests of approximately 80% in Genovel Orthopedics, Inc. ("Genovel"), which seeks to develop products to treat early osteoarthritis of the knee and approximately 51% in R2 Technologies, Inc. ("R2"), which develops aesthetic and medical technologies for the skin. Pansend also invests in other early stage or developmental stage healthcare companies including an approximately 47% interest in MediBeacon Inc., and an investment in Triple Ring Technologies, Inc. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">3.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:29.25pt">Our Spectrum segment is comprised of HC2 Broadcasting Holdings Inc. ("HC2 Broadcasting") and its subsidiaries. HC2 Broadcasting strategically acquires and operates over-the-air broadcasting stations across the United States. In addition, HC2 Broadcasting, through its wholly-owned subsidiary, HC2 Network Inc. ("Network"), operates Azteca America, a Spanish-language broadcast network offering high quality Hispanic content to a diverse demographic across the United States. The Company maintains an approximately 98% controlling interest in HC2 Broadcasting and an approximately 57% controlling interest in DTV America Corporation ("DTV") as well as approximately 19% proxy and voting rights from minority holders.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">4.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:29.25pt">Our Insurance segment is comprised of the discontinued operations of Continental Insurance Group Ltd. ("CIG") and its wholly-owned subsidiary Continental General Insurance Company ("CGI"). CGI provides long-term care, life, annuity, and other accident and health coverage that help protect policy and certificate holders from the financial hardships associated with illness, injury, loss of life, or income continuation. The Company maintains a 100% interest in CIG.</span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">5.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:29.25pt">Our Other segment represents all other businesses or investments that do not meet the definition of a segment individually or in the aggregate. Included in the Other segment is the former Marine Services segment, which includes its holding company, Global Marine Holdings, LLC ("GMH"), in which the Company maintains approximately 73% controlling interest. GMH results include the current and prior year equity investment in Huawei Marine Networks Co., Limited (“HMN”), its 19% equity method investment with Huawei Technologies Co., Ltd., and the discontinued operations of Global Marine Systems Limited ("GMSL"). Also included in the Other segment is the discontinued operations of Beyond6, Inc. ("Beyond6") and PTGi International Carrier Services, Inc. and its subsidiaries ("ICS").</span></div>
CY2021Q1 us-gaap Number Of Reportable Segments
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4 segment
CY2021Q1 us-gaap Use Of Estimates
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<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates and Assumptions</span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The preparation of the Company’s Condensed Consolidated Financial Statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates and assumptions used.</span></div>
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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24700000 USD
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54200000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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14900000 USD
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2000000.0 USD
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1400000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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56200000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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56200000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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16300000 USD
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216000000.0 USD
CY2020Q4 hchc Disposal Group Including Discontinued Operation Restricted Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationRestrictedCashAndCashEquivalents
200000 USD
CY2019Q4 hchc Disposal Group Including Discontinued Operation Restricted Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationRestrictedCashAndCashEquivalents
200000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
195400000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
216200000 USD
CY2020Q1 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
172100000 USD
CY2021Q1 hchc Disposal Group Including Discontinued Operation Restricted Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationRestrictedCashAndCashEquivalents
0 USD
CY2020Q1 hchc Disposal Group Including Discontinued Operation Restricted Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationRestrictedCashAndCashEquivalents
100000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
213700000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
172200000 USD
CY2021Q1 us-gaap Interest Paid Net
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10500000 USD
CY2020Q1 us-gaap Interest Paid Net
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5500000 USD
CY2021Q1 us-gaap Income Taxes Paid Net
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700000 USD
CY2020Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
100000 USD
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200000 USD
CY2020Q1 us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
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6600000 USD
CY2021Q1 hchc Noncash Or Part Noncash Extinguishment Of Convertible Note In Exchange
NoncashOrPartNoncashExtinguishmentOfConvertibleNoteInExchange
51800000 USD
CY2020Q1 hchc Noncash Or Part Noncash Extinguishment Of Convertible Note In Exchange
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0 USD
CY2021Q1 us-gaap Notes Issued1
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51800000 USD
CY2020Q1 us-gaap Notes Issued1
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0 USD
CY2021Q1 us-gaap Prior Period Reclassification Adjustment Description
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<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Reclassification</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> </span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Certain previous year amounts have been reclassified to conform with current year presentations, as related to the reporting of new balance sheet line items:</span></div><div style="text-align:justify"><span><br/></span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:14.85pt">The recast of Beyond6, ICS, and CIG's results to discontinued operations. Further, the reclassification of prior period assets and liabilities have been classified as held for sale. See Note 3. Discontinued Operations for further information;</span></div><div style="text-align:justify"><span><br/></span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:14.85pt">As a result of the sale of ICS, and in accordance with ASC 280, the Company no longer considers the results of operations and Balance Sheets of the retained ICS entities as a separate segment. Formerly the Telecommunications segment, these entities have been reclassified to the Other segment. See Note 17. Operating Segment and Related Information for further information; and</span></div><div style="text-align:justify"><span><br/></span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:14.85pt">As a result of the sale of Beyond6, and in accordance with ASC 280, the Company no longer considers the results of operations and Balance Sheets of Beyond6 as a separate segment. Formerly the Clean Energy segment, this entity has been reclassified to the Other segment. See Note 17. Operating Segment and Related Information for further information; and</span></div><div style="text-align:justify"><span><br/></span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:14.85pt">The recast of prior year earnings per share as a result of the discontinued operations noted above. This includes presenting EPS for Net (loss) income from continuing operations, Net (loss) income from discontinuing operations, and Net (loss) income. See Note 18. Basic and Diluted Income (Loss) Per Common Share</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">for further details.</span></div>
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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171800000 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
186600000 USD
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172200000 USD
CY2020Q1 us-gaap Contract With Customer Asset Net Current
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175800000 USD
CY2021Q1 us-gaap Construction In Progress Gross
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114600000 USD
CY2020Q4 us-gaap Construction In Progress Gross
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118600000 USD
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50900000 USD
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50300000 USD
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7200000 USD
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7500000 USD
CY2021Q1 us-gaap Other Receivables
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14300000 USD
CY2020Q4 us-gaap Other Receivables
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8900000 USD
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600000 USD
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186300000 USD
CY2021Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
78200000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
73500000 USD
CY2021Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
110700000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
112800000 USD
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CY2020Q1 us-gaap Depreciation
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2300000 USD
CY2020Q1 us-gaap Cost Of Goods And Services Sold Depreciation
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2300000 USD
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111000000.0 USD
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CY2021Q1 us-gaap Goodwill
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108600000 USD
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113000000.0 USD
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22600000 USD
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58500000 USD
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80100000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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21000000.0 USD
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59100000 USD
CY2021Q1 us-gaap Amortization Of Intangible Assets
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1500000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
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4400000 USD
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5600000 USD
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5600000 USD
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4900000 USD
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32200000 USD
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58500000 USD
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107600000 USD
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104200000 USD
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39700000 USD
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31900000 USD
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31900000 USD
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CY2021Q1 hchc Long Term Debt And Lease Obligations Maturities Repayments Of Principal After Year Four
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413600000 USD
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196300000 USD
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196300000 USD
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400000 USD
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549000000.0 USD
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549400000 USD
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658300000 USD
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752900000 USD
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132800000 USD
CY2020Q4 hchc Estimated Earnings On Contracts
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139000000.0 USD
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791100000 USD
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52200000 USD
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7200000 USD
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891900000 USD
CY2021Q1 hchc Progress Billing On Contract
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783900000 USD
CY2020Q4 hchc Progress Billing On Contract
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888500000 USD
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7200000 USD
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3400000 USD
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65700000 USD
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55600000 USD
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58500000 USD
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3400000 USD
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11800000 USD
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40900000 USD
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52700000 USD
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11800000 USD
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43600000 USD
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2900000 USD
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2400000 USD
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41500000 USD
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17800000 USD
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13900000 USD
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77100000 USD
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31600000 USD
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31600000 USD
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2400000 USD
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8200000 USD
CY2021Q1 us-gaap Other Liabilities Noncurrent
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34000000.0 USD
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39800000 USD
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38600000 USD
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39800000 USD
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39200000 USD
CY2020Q4 hchc Lease Right Of Use Asset
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40700000 USD
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11200000 USD
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
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31600000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
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31600000 USD
CY2021Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
400000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
800000 USD
CY2021Q1 hchc Lease Liability
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43500000 USD
CY2021Q1 us-gaap Operating Lease Cost
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3500000 USD
CY2020Q1 us-gaap Operating Lease Cost
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3500000 USD
CY2020Q4 hchc Lease Liability
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43600000 USD
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300000 USD
CY2020Q1 us-gaap Finance Lease Right Of Use Asset Amortization
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300000 USD
CY2021Q1 hchc Finance Lease Cost
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300000 USD
CY2020Q1 hchc Finance Lease Cost
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300000 USD
CY2021Q1 us-gaap Variable Lease Cost
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100000 USD
CY2020Q1 us-gaap Variable Lease Cost
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100000 USD
CY2021Q1 us-gaap Lease Cost
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3900000 USD
CY2020Q1 us-gaap Lease Cost
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3900000 USD
CY2021Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
300000 USD
CY2020Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
200000 USD
CY2021Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
3700000 USD
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
3500000 USD
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3900000 USD
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
8500000 USD
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y1M6D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y4M24D
CY2021Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P0Y8M12D
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P0Y10M24D
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.073
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.062
CY2021Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.086
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.089
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
13600000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
400000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
11400000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
0 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
9100000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
0 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6900000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
0 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4100000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 USD
CY2021Q1 hchc Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
5100000 USD
CY2021Q1 hchc Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
0 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
50200000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
400000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
7100000 USD
CY2021Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
0 USD
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
43100000 USD
CY2021Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
400000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1100000 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-9700000 USD
CY2021Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
96000000.0 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits Period Increase Decrease
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-69600000 USD
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
500000 USD
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1500000 USD
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
7067592 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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6.52
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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143096 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
2.62
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
142503 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
5.45
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
2328327 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
9.18
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4739858 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.13
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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0 shares
CY2021Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2021Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2021Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
0 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
0
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
0 shares
CY2021Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
0
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4739858 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.13
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
4738508 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
5.13
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
200000 USD
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y4M24D
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
200000 USD
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y4M24D
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
1350 shares
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P8Y
CY2017Q2 hchc Preferred Stock Force Conversion Trading Period To Calculate Volume Weighted Average Price
PreferredStockForceConversionTradingPeriodToCalculateVolumeWeightedAveragePrice
P30D
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
2.62
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
100000 USD
CY2020Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2021Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2021Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2021Q1 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.0750
CY2021Q1 hchc Preferred Stock Accreting Dividends Accruing Rate
PreferredStockAccretingDividendsAccruingRate
0.0400
CY2021Q1 hchc Preferred Stock Accreting Dividends Accruing Rate Required Threshold
PreferredStockAccretingDividendsAccruingRateRequiredThreshold
0.0725
CY2017Q2 hchc Volume Weighted Average Price Threshold Percentage
VolumeWeightedAveragePriceThresholdPercentage
1.50
CY2017Q2 hchc Volume Weighted Average Price Threshold Percentage
VolumeWeightedAveragePriceThresholdPercentage
1.50
CY2017Q2 hchc Common Stock Trading Period To Calculate Volume Weighted Average Price
CommonStockTradingPeriodToCalculateVolumeWeightedAveragePrice
P30D
CY2017Q2 hchc Volume Weighted Average Price Threshold Percentage
VolumeWeightedAveragePriceThresholdPercentage
1.50
CY2017Q2 hchc Volume Weighted Average Price Threshold Percentage
VolumeWeightedAveragePriceThresholdPercentage
1.50
CY2021Q1 hchc Volume Weighted Average Price Threshold Percentage
VolumeWeightedAveragePriceThresholdPercentage
1.50
CY2021Q1 hchc Preferred Stock Consent Rights Percentage
PreferredStockConsentRightsPercentage
0.75
CY2021Q1 us-gaap Other Liabilities Fair Value Disclosure
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200000 USD
CY2020Q1 us-gaap Other Liabilities Fair Value Disclosure
OtherLiabilitiesFairValueDisclosure
200000 USD
CY2021Q1 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
200000 USD
CY2020Q1 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
200000 USD
CY2018Q3 hchc Lessee Lease Term
LesseeLeaseTerm
P75M
CY2021Q1 hchc Number Of Geographic Reportable Segments
NumberOfGeographicReportableSegments
1 segment
CY2021Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4 segment
CY2021Q1 us-gaap Revenues
Revenues
171800000 USD
CY2020Q1 us-gaap Revenues
Revenues
186600000 USD
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-10900000 USD
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-13600000 USD
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-10900000 USD
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-13600000 USD
CY2021Q1 us-gaap Interest Expense
InterestExpense
21400000 USD
CY2020Q1 us-gaap Interest Expense
InterestExpense
19200000 USD
CY2021Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-10800000 USD
CY2020Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-5800000 USD
CY2021Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2100000 USD
CY2020Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2500000 USD
CY2021Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3400000 USD
CY2020Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1500000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-41800000 USD
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-39600000 USD
CY2021Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
51900000 USD
CY2020Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-71100000 USD
CY2021Q1 us-gaap Profit Loss
ProfitLoss
9000000.0 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1100000 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-9700000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-42900000 USD
CY2020Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-29900000 USD
CY2020Q1 hchc Disposal Group Including Discontinued Operation Gain Loss On Sale Of Subsidiary
DisposalGroupIncludingDiscontinuedOperationGainLossOnSaleOfSubsidiary
-39300000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
-101000000.0 USD
CY2021Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-3600000 USD
CY2020Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-17900000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
12600000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-83100000 USD
CY2021Q1 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
400000 USD
CY2020Q1 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
400000 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
12200000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-83500000 USD
CY2021Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
3900000 USD
CY2020Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
4300000 USD
CY2021Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
3200000 USD
CY2020Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
5000000.0 USD
CY2021Q1 us-gaap Investments
Investments
52700000 USD
CY2020Q4 us-gaap Investments
Investments
55400000 USD
CY2021Q1 us-gaap Assets
Assets
6406000000.0 USD
CY2020Q4 us-gaap Assets
Assets
6742800000 USD
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2021Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-42900000 USD
CY2020Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-29900000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-2800000 USD
CY2020Q1 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-2800000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-40100000 USD
CY2020Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-27100000 USD
CY2021Q1 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
400000 USD
CY2020Q1 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
400000 USD
CY2021Q1 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-40500000 USD
CY2020Q1 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-27500000 USD
CY2021Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
51900000 USD
CY2020Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-71100000 USD
CY2021Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
-800000 USD
CY2020Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
-15100000 USD
CY2021Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
52700000 USD
CY2020Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-56000000.0 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
12200000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-83500000 USD
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
76900000 shares
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45900000 shares
CY2021Q1 hchc Incremental Common Shares Attributableto Dilutive Effectof Conversionof Restricted Stock
IncrementalCommonSharesAttributabletoDilutiveEffectofConversionofRestrictedStock
400000 shares
CY2020Q1 hchc Incremental Common Shares Attributableto Dilutive Effectof Conversionof Restricted Stock
IncrementalCommonSharesAttributabletoDilutiveEffectofConversionofRestrictedStock
0 shares
CY2021Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
2600000 shares
CY2020Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2021Q1 hchc Participating Securities Including Common Stock Shares
ParticipatingSecuritiesIncludingCommonStockShares
79900000 shares
CY2020Q1 hchc Participating Securities Including Common Stock Shares
ParticipatingSecuritiesIncludingCommonStockShares
45900000 shares
CY2021Q1 hchc Percentageof Loss Allocatedto Common Stock
PercentageofLossAllocatedtoCommonStock
0.962
CY2020Q1 hchc Percentageof Loss Allocatedto Common Stock
PercentageofLossAllocatedtoCommonStock
1.000
CY2021Q1 hchc Percentageof Loss Allocatedto Unvested Restricted Stock
PercentageofLossAllocatedtoUnvestedRestrictedStock
0.005
CY2020Q1 hchc Percentageof Loss Allocatedto Unvested Restricted Stock
PercentageofLossAllocatedtoUnvestedRestrictedStock
0
CY2021Q1 hchc Percentageof Loss Allocatedto Preferred Stock
PercentageofLossAllocatedtoPreferredStock
0.033
CY2020Q1 hchc Percentageof Loss Allocatedto Preferred Stock
PercentageofLossAllocatedtoPreferredStock
0
CY2021Q1 us-gaap Undistributed Earnings Loss From Continuing Operations Available To Common Shareholders Basic
UndistributedEarningsLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-39000000.0 USD
CY2020Q1 us-gaap Undistributed Earnings Loss From Continuing Operations Available To Common Shareholders Basic
UndistributedEarningsLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-27500000 USD
CY2021Q1 hchc Undistributed Earnings Loss From Discontinued Operations Available To Common Shareholders Basic And Diluted
UndistributedEarningsLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasicAndDiluted
50700000 USD
CY2020Q1 hchc Undistributed Earnings Loss From Discontinued Operations Available To Common Shareholders Basic And Diluted
UndistributedEarningsLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasicAndDiluted
-56000000.0 USD
CY2021Q1 hchc Undistributed Earnings Loss Available To Common Shareholders Basic And Diluted
UndistributedEarningsLossAvailableToCommonShareholdersBasicAndDiluted
11700000 USD
CY2020Q1 hchc Undistributed Earnings Loss Available To Common Shareholders Basic And Diluted
UndistributedEarningsLossAvailableToCommonShareholdersBasicAndDiluted
-83500000 USD
CY2021Q1 hchc Effecton Basic And Diluted Earnings Optionsand Restrictive Stock Units
EffectonBasicAndDilutedEarningsOptionsandRestrictiveStockUnits
0 shares
CY2020Q1 hchc Effecton Basic And Diluted Earnings Optionsand Restrictive Stock Units
EffectonBasicAndDilutedEarningsOptionsandRestrictiveStockUnits
0 shares
CY2021Q1 us-gaap Undistributed Earnings Loss From Continuing Operations Available To Common Shareholders Diluted
UndistributedEarningsLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
-39000000.0 USD
CY2020Q1 us-gaap Undistributed Earnings Loss From Continuing Operations Available To Common Shareholders Diluted
UndistributedEarningsLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
-27500000 USD
CY2021Q1 us-gaap Undistributed Earnings Loss From Discontinued Operations Available To Common Shareholders Diluted
UndistributedEarningsLossFromDiscontinuedOperationsAvailableToCommonShareholdersDiluted
50700000 USD
CY2020Q1 us-gaap Undistributed Earnings Loss From Discontinued Operations Available To Common Shareholders Diluted
UndistributedEarningsLossFromDiscontinuedOperationsAvailableToCommonShareholdersDiluted
-56000000.0 USD
CY2021Q1 us-gaap Undistributed Earnings Loss Available To Common Shareholders Diluted
UndistributedEarningsLossAvailableToCommonShareholdersDiluted
11700000 USD
CY2020Q1 us-gaap Undistributed Earnings Loss Available To Common Shareholders Diluted
UndistributedEarningsLossAvailableToCommonShareholdersDiluted
-83500000 USD
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
76900000 shares
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45900000 shares
CY2021Q1 hchc Effecton Basic And Diluted Earnings Optionsand Restrictive Stock Units
EffectonBasicAndDilutedEarningsOptionsandRestrictiveStockUnits
0 shares
CY2020Q1 hchc Effecton Basic And Diluted Earnings Optionsand Restrictive Stock Units
EffectonBasicAndDilutedEarningsOptionsandRestrictiveStockUnits
0 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
76900000 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45900000 shares
CY2021Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.51
CY2020Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.60
CY2021Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.51
CY2020Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.60
CY2021Q1 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
0.66
CY2020Q1 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
-1.22
CY2021Q1 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
0.66
CY2020Q1 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
-1.22
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.15
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.82
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.82

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