Note 7 - Non-operating Income

9 Months Ended

Sep. 30, 2021

Notes to Financial Statements

Other Nonoperating Income and Expense [Text Block]

Note 7 – Non–Operating Income

Non–operating income includes equity in earnings of unconsolidated investments, dividends and other realized gains and losses on sales of marketable securities, and interest income (in thousands).

	Three Months Ended September 30				Nine Months Ended September 30
	2021		2020		2021		2020
Equity in earnings of unconsolidated investments	$	14	$	3,019	$	5,320	$	8,448
Dividends and net realized gains on sales of securities		2,365		2,084		6,242		5,997
Interest income		1,020		1,375		3,683		4,425
Total non-operating income	$	3,399	$	6,478	$	15,245	$	18,870

Caris HealthCare, L.P.

On June 11, 2021, the Company acquired the remaining 24.9% equity interest in Caris. See Note 4 - “Acquisition of Caris HealthCare, L.P.” for further detail describing the acquisition.

Prior to the June 11, 2021 acquisition date, Caris was our most significant equity method investment with a 75.1% non-controlling ownership interest. From the respective acquisition date, Caris’ financial information is now included in the Company’s consolidated financial statements and will no longer be accounted for as an equity method investment.