XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Earned premiums $ 308,739 $ 243,956 $ 575,739 $ 468,222
Other 212 357 294 724
Total revenues $ 308,951 $ 244,313 $ 576,033 $ 468,946
Revenue, Product and Service [Extensible List] us-gaap:FinancialServiceMember us-gaap:FinancialServiceMember us-gaap:FinancialServiceMember us-gaap:FinancialServiceMember
Expenses:        
Medical expenses $ 274,385 $ 194,502 $ 525,480 $ 387,898
Selling, general, and administrative expenses 71,150 33,698 136,064 66,485
Depreciation and amortization 3,908 3,526 7,645 7,091
Total expenses 349,443 231,726 669,189 461,474
Income (loss) from operations (40,492) 12,587 (93,156) 7,472
Other expenses:        
Interest expense 4,329 4,192 8,577 8,352
Other (income) expenses (59) 30 (97) 827
Total other expenses 4,270 4,222 8,480 9,179
Income (loss) before income taxes (44,762) 8,365 (101,636) (1,707)
Provision for income taxes 0 0 0 0
Net income (loss) attributable to Alignment Healthcare, Inc. $ (44,762) $ 8,365 $ (101,636) $ (1,707)
Total weighted-average common shares outstanding - basic and diluted [1] 176,842,122 153,185,039 165,698,982 146,974,618
Net income (loss) per share - basic and diluted $ (0.25) $ 0.05 $ (0.61) $ (0.01)
[1] The weighted-average shares used in computing net loss per share, basic and diluted were retroactively adjusted as a result of the Reorganization. See Note 1 to the condensed consolidated financial statements for additional details.