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INDEPENDENCE HOLDING COMPANY CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Premiums earned:    
Premiums earned - Health $ 108,216 $ 74,285
Premiums earned - Life and annuity 9,152 9,489
Net investment income 8,001 8,751
Fee income 6,542 7,421
Other income 1,352 1,156
Net realized investment gains 4,619 1,137
Other-than-temporary impairment losses:    
Total other-than-temporary impairment losses   (83)
Net impairment losses recognized in earnings   (83)
TOTAL REVENUES 137,882 102,156
Insurance benefits, claims and reserves:    
Benefits, claims and reserves - Health 75,444 46,193
Benefits claims and reserves - Life and annuity 10,016 10,942
Selling, general and administrative expenses 42,880 36,472
Amortization of deferred acquisition costs 1,440 1,594
Interest expense on debt 487 539
TOTAL EXPENSES 130,267 95,740
Income (loss) from operations before income taxes 7,615 6,416
Income taxes (benefits) 2,575 2,086
Net income (loss) 5,040 4,330
(Income) loss from noncontrolling interests in subsidiaries (339) (408)
NET INCOME (LOSS) ATTRIBUTABLE TO IHC $ 4,701 $ 3,922
Basic income (loss) per common share $ 0.26 $ 0.22
WEIGHTED AVERAGE SHARES OUTSTANDING 17,919 18,029
Diluted income (loss) per common share $ 0.26 $ 0.22
WEIGHTED AVERAGE DILUTED SHARES OUTSTANDING 18,040 18,176