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INDEPENDENCE HOLDING COMPANY CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
REVENUES:    
Premiums earned $ 123,270 $ 117,368
Net investment income 5,801 8,001
Fee income 9,339 6,542
Other income 1,111 1,352
Net realized investment gains 1,551 4,619
TOTAL REVENUES 141,072 137,882
EXPENSES:    
Policyholder benefits and claims 85,309 85,460
Selling, general and administrative expenses 48,135 42,880
Amortization of deferred acquisition costs 1,282 1,440
Interest expense on debt 481 487
TOTAL EXPENSES 135,207 130,267
Income (loss) before income taxes 5,865 7,615
Income taxes (benefits) 1,860 2,575
Net income (loss) 4,005 5,040
(Income) loss from noncontrolling interests in subsidiaries (304) (339)
NET INCOME (LOSS) ATTRIBUTABLE TO IHC $ 3,701 $ 4,701
Basic income (loss) per common share $ 0.21 $ 0.26
WEIGHTED AVERAGE SHARES OUTSTANDING 17,623 17,919
Diluted income (loss) per common share $ 0.21 $ 0.26
WEIGHTED AVERAGE DILUTED SHARES OUTSTANDING 17,763 18,040