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INDEPENDENCE HOLDING COMPANY CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Premiums earned:    
Premiums earned - Health $ 74,285 $ 75,723
Premiums earned - Life and annuity 9,489 10,150
Net investment income 8,751 10,116
Fee income 7,421 7,377
Other income 1,156 1,458
Net realized investment gains 1,137 (202)
Other-than-temporary impairment losses:    
Total other-than-temporary impairment losses (83) (303)
Net impairment losses recognized in earnings (83) (303)
TOTAL REVENUES 102,156 104,319
Insurance benefits, claims and reserves:    
Benefits, claims and reserves - Health 46,193 50,576
Benefits claims and reserves - Life and annuity 10,942 13,673
Selling, general and administrative expenses 36,472 35,986
Amortization of deferred acquisition costs 1,594 1,691
Interest expense on debt 539 457
TOTAL EXPENSES 95,740 102,383
Income (loss) from continuing operations before income taxes 6,416 1,936
Income taxes (benefits) 2,086 (1,864)
Income (loss) from continuing operations 4,330 3,800
Net income (loss) 4,330 3,800
(Income) loss from noncontrolling interests in subsidiaries (408) (616)
NET INCOME (LOSS) ATTRIBUTABLE TO IHC $ 3,922 $ 3,184
Basic income (loss) per common share:    
Income (loss) from continuing operations, per basic share $ 0.22 $ 0.19
Basic income (loss) per common share $ 0.22 $ 0.19
WEIGHTED AVERAGE SHARES OUTSTANDING 18,029 17,027
Diluted income (loss) per common share:    
Income (loss) from continuing operations, per diluted share $ 0.22 $ 0.19
Diluted income (loss) per common share $ 0.22 $ 0.19
WEIGHTED AVERAGE DILUTED SHARES OUTSTANDING 18,176 17,031