Fortegra Financial Corp (FRF) financial statements (2022 and earlier)

Company profile

Business Address 10151 DEERWOOD PARK BLVD
JACKSONVILLE, FL 32256
State of Incorp. DE
Fiscal Year End December 31
SIC 6411 - Insurance Agents, Brokers, and Service (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments22,55216,431
Cash and cash equivalents21,68115,209
Short-term investments8711,222
Inventory, net of allowances, customer advances and progress billings2,1001,400
Inventory2,1001,400
Total current assets:24,65217,831
Noncurrent Assets
Property, plant and equipment14,33217,946
Intangible assets, net (including goodwill)122,874198,852
Goodwill73,701119,512
Intangible assets, net (excluding goodwill)49,17379,340
Total noncurrent assets:137,206216,798
Other undisclosed assets518,572493,382
TOTAL ASSETS:680,430728,011
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities513,937577,041
Total liabilities:513,937577,041
Stockholders' equity
Stockholders' equity attributable to parent160,460140,383
Common stock209207
Treasury stock, value(8,014)(6,651)
Additional paid in capital99,39897,641
Accumulated other comprehensive loss(3,665)(631)
Retained earnings72,53249,817
Stockholders' equity attributable to noncontrolling interest6,03310,587
Total stockholders' equity:166,493150,970
TOTAL LIABILITIES AND EQUITY:680,430728,011

Income statement (P&L) ($ in thousands)

12/31/2013
12/31/2012
Revenues347,867291,646
Financial services revenue136,787127,625
Cost of revenue
(Financial Services Costs)
(41,567)(40,219)
Gross profit:306,300251,427
Operating expenses(244,663)(79,002)
Operating income:61,637172,425
Nonoperating income (expense)
(Investment Income, Nonoperating)
347(200)
Interest and debt expense(3,621)(6,624)
Other undisclosed loss from continuing operations before equity method investments, income taxes(40,896)(142,069)
Income from continuing operations before income taxes:17,46723,532
Income tax expense(14,003)(8,295)
Other undisclosed income from continuing operations8,343 
Income from continuing operations:11,80715,237
Income from discontinued operations12,390 
Net income:24,19715,237
Net loss attributable to noncontrolling interest (72)
Other undisclosed net loss attributable to parent(1,482) 
Net income available to common stockholders, diluted:22,71515,165

Comprehensive Income ($ in thousands)

12/31/2013
12/31/2012
Net income:24,19715,237
Other undisclosed comprehensive loss(27,249)(14,110)
Comprehensive income (loss):(3,052)1,127
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(18)4
Other undisclosed comprehensive income, net of tax, attributable to parent22,75115,157
Comprehensive income, net of tax, attributable to parent:19,68116,288

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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