Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2020
Where the money goes
Where each dollar of revenue went, fiscal 2020
- Selling, general and admin46¢$205.8M
- Other costs47¢$208.5M
- Income tax2¢$10.7M
- Profit4¢$18.9M
Out of $443.9M in revenue.3
Where each dollar of operating cash went, fiscal 2020
- Dividends paid12¢$6.2M
- Share buybacks15¢$7.5M
- Kept or used elsewhere73¢$37.7M
Out of $51.4M of cash from operations.3
Financial statements
No quarterly figures reported.
| Fiscal year | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | $530.3M4 | $530.5M5 | $311.0M5 | $320.5M6 | $350.8M7 | $374.4M3 | $443.9M3 |
| Selling, general and admin | $181.4M4 | $177.6M5 | $132.2M5 | $157.1M6 | $169.0M7 | $175.0M3 | $205.8M3 |
| Operating income | $23.3M8 | $48.2M8 | |||||
| Income tax | $6.1M4 | $15.9M5 | $9.6M5 | -$13.8M6 | $8.5M7 | $12.7M3 | $10.7M3 |
| Net income | $16.3M4 | $29.9M5 | $123.3M5 | $42.0M6 | $28.5M7 | $12.4M3 | $18.9M3 |
| Earnings per share | $0.934 | $1.735 | $7.185 | $2.676 | $1.927 | $0.833 | $1.283 |
| Earnings per share (diluted) | $0.924 | $1.715 | $7.095 | $2.636 | $1.897 | $0.833 | $1.283 |
No quarterly figures reported.
| Fiscal year | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|---|---|
| Cash | $23.4M4 | $17.5M5 | $22.0M5 | $26.5M6 | $26.2M7 | $21.1M3 | $72.1M3 |
| Total assets | $1.2B8 | $1.2B4 | $1.1B5 | $1.0B6 | $1.0B7 | $1.1B3 | $1.1B3 |
| Total liabilities | $886.6M8 | $865.3M4 | $695.2M5 | $604.3M6 | $583.9M7 | $592.4M3 | $611.0M3 |
| Shareholders’ equity | $299.7M8 | $323.4M4 | $436.6M5 | $431.5M6 | $448.7M7 | $459.7M3 | $469.8M3 |
| Shares outstanding | 17.4M shares8 | 17.3M shares4 | 17.1M shares5 | 14.9M shares6 | 14.9M shares7 | 14.9M shares3 | 14.6M shares3 |
Corporate structure
INDEPENDENCE HOLDING CO sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of INDEPENDENCE HOLDING CO
- GENEVE HOLDINGS INC Filed SC 13D/A on INDEPENDENCE HOLDING CO, latest Feb 15, 2022 (2 filings since Nov 9, 2021)
- INDEPENDENCE HOLDING CO Stamford, Connecticut
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What INDEPENDENCE HOLDING CO reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Operating-lease assets (leased space) | $9.5M3 Dec 31, 2020 | $6.7M3 Dec 31, 2019 | +41.7% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $72.1M3 Dec 31, 2020 | $21.1M3 Dec 31, 2019 | +241.8% |
| Marketable securities, current | $2.6M3 Dec 31, 2020 | $50.0K3 Dec 31, 2019 | +5168.0% |
| Debt securities available for sale | $406.6M3 Dec 31, 2020 | $385.0M3 Dec 31, 2019 | +5.6% |
| Equity securities at fair value | $6.1M3 Dec 31, 2020 | $3.7M3 Dec 31, 2019 | +63.3% |
| Stakes in other companies (equity method) | $2.0M3 Dec 31, 2020 | $10.2M3 Dec 31, 2019 | −80.7% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $74.9M3 Dec 31, 2020 | $60.2M3 Dec 31, 2019 | +24.5% |
| Intangible assets, net (excluding goodwill) | $15.1M3 Dec 31, 2020 | $13.4M3 Dec 31, 2019 | +13.2% |
| Indefinite-lived intangibles (excluding goodwill) | $8.0M3 Dec 31, 2020 | $8.0M3 Dec 31, 2019 | 0% |
| Finite-lived intangibles, gross | $16.6M3 Dec 31, 2020 | $20.5M3 Dec 31, 2019 | −19.1% |
| Accumulated amortization | $9.4M3 Dec 31, 2020 | $15.1M3 Dec 31, 2019 | −37.6% |
Leadership
Who has led INDEPENDENCE HOLDING CO, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerRoy T. K. Thung Feb 8, 2006 to Feb 16, 20229
- ChairRoy T. K. Thung Nov 16, 2012 to Feb 16, 202210
- PresidentTeresa A. Herbert Nov 26, 2021 to Feb 16, 202211
- PresidentDavid T. Kettig Sep 26, 2017 to Jan 7, 201912
- PresidentRoy T. K. Thung May 26, 2006 to Sep 20, 201713
- Chief financial officerColleen P. Maggi Jul 7, 2021 to Feb 16, 202214
- Chief financial officerTeresa A. Herbert Jun 20, 2006 to Feb 12, 202115
- Chief operating officerDavid T. Kettig Feb 8, 2006 to Jan 7, 201916
- Chief operating officerScott Michael Wood Feb 10, 2006 to Jun 2, 200817
Board members and other officers (24)
- SVP Corp. Development & CISOVincent J. Furfaro Jan 11, 2019 to Feb 16, 202218
- CUO & SVPMichael Kemp Mar 12, 2012 to May 10, 201319
- Corporate Vice PresidentGary Balzofiore Mar 20, 2012 to Dec 1, 202120
- VP, Gen Counsel & SecretaryAdam C. Vandervoort Jan 7, 2010 to Mar 22, 201121
- Co-ChiefOperating Officer,SVPScott Michael Wood Mar 21, 2008 to Mar 21, 200822
- SVP and Chief Health ActuaryBernon Reneld Erickson Jr. Apr 4, 2007 to Mar 23, 201223
- Vice President - MarketingAlex Giordano Mar 3, 2006 to Nov 27, 200624
- Senior Vice PresidentJeffrey C. Smedsrud Mar 6, 2006 to Jul 8, 201325
- SVP-Life & AnnuitiesLarry Graber Mar 28, 2006 to Dec 1, 202126
- Sr Vice President-TaxationBrian Schlier May 23, 2006 to Jun 28, 201227
- Vice President and ControllerPaul E. Bunning Jun 15, 2006 to Jun 15, 200628
- Vice PresidentMark A. Musser Aug 11, 2006 to Aug 11, 200629
- VP and Chief UnderwriterC. Winfield Swarr Dec 14, 2006 to Dec 14, 200630
- Board memberVincent J. Furfaro Nov 26, 2021 to Feb 16, 202231
- Board memberRonald I. Simon Oct 18, 2016 to Feb 16, 202232
- Board memberTeresa A. Herbert Dec 6, 2016 to Feb 16, 202233
- Board memberDavid T. Kettig Aug 24, 2011 to Jan 7, 201934
- Board memberSteven B. Lapin Aug 24, 2011 to Feb 16, 202235
- Board memberRoy T. K. Thung Feb 8, 2006 to Feb 10, 20179
- Board memberLarry Graber Mar 28, 2006 to Feb 16, 202226
- Board memberAllan C. Kirkman Jun 20, 2006 to Feb 16, 202236
- Board memberJames G. Tatum Jun 20, 2006 to Feb 16, 202237
- Board memberJohn L. Lahey Jun 20, 2006 to Feb 16, 202238
- General counselAdam C. Vandervoort Sep 8, 2006 to Jan 28, 201539
Timeline
- Feb 15, 20228-K Completed an acquisition or sale; Listing notice or transfer; Change to shareholders' rights40
- Jan 10, 20228-K Listing notice or transfer41
- Jan 3, 20228-K Completed an acquisition or sale42
- Dec 21, 20218-K Completed an acquisition or sale; Executive or director change43
- Dec 20, 20218-K Completed an acquisition or sale; Executive or director change44
- Nov 9, 20218-K Entered a material agreement; Other events45
- Nov 9, 20218-K Results of operations46
- Feb 8, 2006New chief executive Roy T. K. Thung becomes CEO9
Calendar
When it reported results
- Nov 9, 2021Reported quarterly or annual results46
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
48 filings to the SEC since October 2021: 1 quarterly reports, 7 major events, 24 insider forms, 2 large holders, 14 other. The latest 20:
- Feb 28, 202215-12B EDGAR
- Feb 16, 2022S-8 POS EDGAR
- Feb 16, 2022S-8 POS EDGAR
- Feb 16, 2022S-8 POS EDGAR
- Feb 16, 2022S-8 POS EDGAR
- Feb 16, 20224 PRIMARY DOCUMENT EDGAR
- Feb 16, 20224 PRIMARY DOCUMENT EDGAR
- Feb 16, 20224 PRIMARY DOCUMENT EDGAR
- Feb 16, 20224 PRIMARY DOCUMENT EDGAR
- Feb 16, 20224 PRIMARY DOCUMENT EDGAR
- Feb 16, 20224 PRIMARY DOCUMENT EDGAR
- Feb 16, 20224 PRIMARY DOCUMENT EDGAR
- Feb 16, 20224 PRIMARY DOCUMENT EDGAR
- Feb 16, 20224 PRIMARY DOCUMENT EDGAR
- Feb 16, 20224 PRIMARY DOCUMENT EDGAR
- Feb 16, 202225-NSE EDGAR
- Feb 15, 2022SC 13D/A EDGAR
- Feb 15, 2022SC 13E3/A EDGAR
- Feb 15, 20228-K INDEPENDENCE HOLDING COMPANY - FORM 8-K SEC FILING EDGAR
- Feb 9, 20225 EDGAR
The 48 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- GENEVE HOLDINGS INCSC 13D/A, 2 filings Nov 9, 2021 to Feb 15, 202247
SEC filer profile
How INDEPENDENCE HOLDING CO is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARINDEPENDENCE HOLDING CO1
- CIK0000701869
- Employer ID (EIN)58-14072351
- Filer statusAccelerated filer<br>smaller reporting company1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)6311 Life Insurance1
- Business address96 Cummings Point Rd, Stamford, CT 069021
- Mailing address96 Cummings Point Road, Stamford, CT 069021
- Phone20335880001
- Shares outstanding14,674,936 as of Nov 9, 202148
- Public float$146.5M as of Jun 30, 202049
- On EDGAR sinceMar 31, 19951
- Filings928 in all: 4 (371), 8-K (190), 10-Q (81), DEF 14A (27), SC 13D/A (25), 5 (22), 10-K (20), CORRESP (18)1
All 54 form types
3 (17), DEFA14A (15), UPLOAD (13), 4/A (10), SC TO-I/A (9), 10-K405 (7), SC 13E3/A (7), SC 13G/A (7), SC TO-T/A (7), 10-K/A (6), ARS (6), 8-K/A (4), NT 10-Q (4), S-8 (4), S-8 POS (4), SC TO-I (4), EFFECT (3), NT 10-K (3), POS AM (3), PRE 14A (3), S-3/A (3), SC TO-C (3), SC TO-T (3), 10-K405/A (2), 424B3 (2), 5/A (2), FWP (2), S-4/A (2), SC 13E3 (2), 10-C (1), 10-Q/A (1), 144 (1), 15-12B (1), 25-NSE (1), 3/A (1), 8-A12B (1), AW (1), CERTNYS (1), DEF 14C (1), DEFM14A (1), NTN 10Q (1), PREM14A (1), PREM14C (1), S-3 (1), S-4 (1), SC 13G (1)
- Latest filingsAnnual report (10-K) Mar 16, 2021
Quarterly report (10-Q) Nov 9, 2021
Proxy statement (DEF 14A) Oct 1, 2020
Latest 8-K (8-K) Feb 15, 2022
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10SEC EDGARRoy T. K. Thung, Chair
- 11SEC EDGARTeresa A. Herbert, President
- 12SEC EDGARDavid T. Kettig, President
- 13SEC EDGARRoy T. K. Thung, President
- 14
- 15
- 16
- 17
- 18
- 19SEC EDGARMichael Kemp, CUO & SVP
- 20
- 21
- 22
- 23
- 24
- 25
- 26SEC EDGARLarry Graber, SVP-Life & Annuities
- 27
- 28
- 29SEC EDGARMark A. Musser, Vice President
- 30
- 31SEC EDGARVincent J. Furfaro, Board member
- 32SEC EDGARRonald I. Simon, Board member
- 33SEC EDGARTeresa A. Herbert, Board member
- 34SEC EDGARDavid T. Kettig, Board member
- 35SEC EDGARSteven B. Lapin, Board member
- 36SEC EDGARAllan C. Kirkman, Board member
- 37SEC EDGARJames G. Tatum, Board member
- 38SEC EDGARJohn L. Lahey, Board member
- 39SEC EDGARAdam C. Vandervoort, General counsel
- 40
- 41SEC EDGARListing notice or transfer
- 42SEC EDGARCompleted an acquisition or sale
- 43
- 44
- 45
- 46SEC EDGARResults of operations
- 47
- 48
- 49