Source document: hc2-holdings-inc_2019

Question: What was the unfavorable claim reserve development in 2018?
Facts: $81.6 million
Answer: $81.6 million

Question: What was the beginning balance in 2019?
Facts: $ 738.7
Answer: $ 738.7 million

Question: What was the beginning balance in 2018?
Facts: $ 243.5
Answer: $ 243.5 million

Question: What was the change in the beginning balance from 2018 to 2019?
Facts: 243.5; 738.7
Derivation: 738.7 - 243.5
Answer: 495.2 million

Question: What is the average recoverable from reinsurers value for 2018 and 2019?
Facts: 100.6; 136.4
Derivation: -(136.4 + 100.6) / 2
Answer: -118.5 million

Question: What is the percentage change in the Interest on liability for policy and contract claims from 2018 to 2019?
Facts: 21.9; 8.8
Derivation: 21.9 / 8.8 -1
Answer: 148.86 percent

Question: What was the increase in FCC licenses in 2019?
Facts: $15.6 million
Answer: $15.6 million

Question: Where does the company reports the intangible impairment charges?
Facts: within the Asset impairment expense line of our Consolidated Statements of Operations.
Answer: within the Asset impairment expense line of our Consolidated Statements of Operations.

Question: What was the state licenses value in 2018?
Facts: 2.5
Answer: 2.5 million

Question: What was the change in the FCC licenses value from 2018 to 2019?
Facts: 120.6; 136.2
Derivation: 136.2 - 120.6
Answer: 15.6 million

Question: What was the average State licenses value for 2018 and 2019?
Facts: 2.5
Derivation: (2.5 + 2.5) / 2
Answer: 2.5 million

Question: What is the percentage change in the total from 2018 to 2019?
Facts: 123.1; 138.7
Derivation: 138.7 / 123.1 - 1
Answer: 12.67 percent

Question: What was the selling, general and administrative expense for the year ended December 31, 2019?
Facts: $24.9 million
Answer: $24.9 million

Question: What is the hurdle rate?
Facts: 7%
Answer: 7%

Question: What was the percentage decrease in NAV in 2019?
Facts: 26.1%
Answer: 26.1%

Question: What was the percentage change in the selling, general and administrative expenses from 2018 to 2019?
Facts: 24.9; 33.5
Derivation: 24.9 / 33.5 - 1
Answer: -25.67 percent

Question: What is the average depreciation and amortization expense for 2018 and 2019?
Facts: 0.1
Derivation: (0.1 + 0.1) / 2
Answer: 0.1 million

Question: What is the percentage change in the loss from operations from 2018 to 2019?
Facts: 25.0; 33.6
Derivation: -25.0 / -33.6 - 1
Answer: -0.26 percent

Question: What was the net revenue for the year ended December 31, 2019?
Facts: $39.0 million
Answer: $39.0 million

Question: What was the net revenue for the year ended December 31, 2018?
Facts: $20.7 million
Answer: $20.7 million

Question: What was the cost of revenue for the year ended December 31, 2019?
Facts: $17.1 million
Answer: $17.1 million

Question: What was the percentage change in the net revenue from 2018 to 2019?
Facts: 20.7; 39.0
Derivation: 39.0 / 20.7 - 1
Answer: 88.41 percent

Question: What was the average cost of revenue for 2018 and 2019?
Facts: 11.2; 17.1
Derivation: (17.1 + 11.2) / 2
Answer: 14.15 million

Question: What is the percentage change in the Depreciation and amortization from 2018 to 2019?
Facts: 5.5; 6.9
Derivation: 6.9 / 5.5 - 1
Answer: 25.45 percent

Question: What was the decrease in the income from equity investees in December 2019?
Facts: $14.1 million
Answer: $14.1 million

Question: What was the amount contributed by the equity investment in HMN in 2019?
Facts: $5.0 million
Answer: $5.0 million

Question: What was the loss from equity investees for the year ended December 2019?
Facts: $0.6 million
Answer: $0.6 million

Question: What was the percentage change in the marine services from 2018 to 2019?
Facts: 19.7; 5.6
Derivation: 5.6 / 19.7 - 1
Answer: -71.57 percent

Question: What is the average life sciences value for 2018 and 2019?
Facts: 3.4; 4.0
Derivation: -(3.4 + 4.0) / 2
Answer: -3.7 million

Question: What is the percentage change in the income from equity investees from 2018 to 2019?
Facts: 15.4; 2.2
Derivation: 2.2 / 15.4 - 1
Answer: -85.71 percent

Question: How is the net revenue derived?
Facts: derived from the long-distance data and transit traffic.
Answer: derived from the long-distance data and transit traffic.

Question: How is the revenue for a period calculated?
Facts: from information received through ICS’s billing software, such as minutes and market rates.
Answer: from information received through ICS’s billing software, such as minutes and market rates.

Question: What was the termination of long distance minutes in 2019?
Facts: $696.1
Answer: $696.1 million

Question: What is the change in the Termination of long distance minutes from 2018 to 2019?
Facts: 696.1; 793.6
Derivation: 696.1 - 793.6
Answer: -97.5 million

Question: What is the average Total revenue from contracts with customers for 2018 and 2019?
Facts: 696.1; 793.6
Derivation: (696.1 + 793.6) / 2
Answer: 744.85 million

Question: What is the percentage change in the Total Telecommunications segment revenue from 2018 to 2019?
Facts: 696.1; 793.6
Derivation: 696.1 / 793.6 - 1
Answer: -12.29 percent

Question: What was the net revenue from Marine Services segment for the year ended December 31, 2019?
Facts: $172.5 million
Answer: $172.5 million

Question: What was the net revenue from Marine Services segment for the year ended December 31, 2018?
Facts: $194.3 million
Answer: $194.3 million

Question: What was the cost of revenue from Marine Services segment for the year ended December 31, 2019?
Facts: $127.1 million
Answer: $127.1 million

Question: What was the percentage change in the net revenue from 2018 to 2019?
Facts: 172.5; 194.3
Derivation: 172.5 / 194.3 - 1
Answer: -11.22 percent

Question: What was the average cost of revenue for 2018 and 2019?
Facts: 127.1; 163.0
Derivation: (127.1 + 163.0) / 2
Answer: 145.05 million

Question: What is the percentage change in the Depreciation and amortization from 2018 to 2019?
Facts: 25.7; 27.2
Derivation: 25.7 / 27.2 - 1
Answer: -5.51 percent

Question: When did the U.S. Congress pass the alternative fuel tax credit ("AFTC")?
Facts: December 2019
Answer: December 2019

Question: What was the net revenue after customer rebates for credits recognized in 2019?
Facts: $10.6 million
Answer: $10.6 million

Question: What was the Total Energy segment revenue in 2019?
Facts: $ 39.0
Answer: $ 39.0 million

Question: What was the change in the volume-related revenue from 2018 to 2019?
Facts: 16.5; 27.5
Derivation: 27.5 - 16.5
Answer: 11 million

Question: What was the average maintenance services revenue for 2018 and 2019?
Facts: 0.1
Derivation: (0.1 + 0.1) / 2
Answer: 0.1 million

Question: What is the percentage change in the total revenue from contracts with customers from 2018 to 2019?
Facts: 16.6; 27.6
Derivation: 27.6 / 16.6 - 1
Answer: 66.27 percent

Question: What was the aggregate net pension cost recognized in December 2019?
Facts: $6.5 million
Answer: $6.5 million

Question: What was the net pension cost in 2019?
Facts: $ 6.5
Answer: $ 6.5 million

Question: What was the Expected return on assets in 2019?
Facts: (6.7)
Answer: (6.7) million

Question: What was the average Interest cost on projected benefit obligation for 2018 and 2019?
Facts: 5.3
Derivation: (5.3 + 5.3) / 2
Answer: 5.3 million

Question: What is the change in the expected return on assets from 2018 to 2019?
Facts: 6.7; 7.5
Derivation: -6.7 - (-7.5)
Answer: 0.8 million

Question: What is the average actuarial (gain) loss for 2018 and 2019?
Facts: 6.7; 7.9
Derivation: (7.9 + 6.7) / 2
Answer: 7.3 million

Question: What was the net revenue for the year ended December 31, 2019?
Facts: $41.8 million
Answer: $41.8 million

Question: What was the selling, general and administrative expense for the year ended December 31, 2019?
Facts: $26.4 million
Answer: $26.4 million

Question: What was the cost of revenue for the year ended December 31, 2019?
Facts: $23.5 million
Answer: $23.5 million

Question: What was the percentage change in the net revenue from 2018 to 2019?
Facts: 41.8; 45.4
Derivation: 41.8 / 45.4 - 1
Answer: -7.93 percent

Question: What was the average cost of revenue for 2018 and 2019?
Facts: 23.5; 28.5
Derivation: (23.5 + 28.5) / 2
Answer: 26 million

Question: What is the percentage change in the Depreciation and amortization from 2018 to 2019?
Facts: 3.3; 6.3
Derivation: 6.3 / 3.3 - 1
Answer: 90.91 percent

Question: What was the depreciation expense in 2019?
Facts: $52.3 million
Answer: $52.3 million

Question: What is the total property, plant and equipment in 2019?
Facts: $ 405.8
Answer: $ 405.8 million

Question: What was the impairment expense for Energy segment in 2018?
Facts: $0.7 million
Answer: $0.7 million

Question: What is the change in the Cable-ships and submersibles from 2018 to 2019?
Facts: 246.5; 251.1
Derivation: 246.5 - 251.1
Answer: -4.6 million

Question: What is the average Equipment, furniture and fixtures, and software for 2018 and 2019?
Facts: 148.0; 214.1
Derivation: (214.1 + 148.0) / 2
Answer: 181.05 million

Question: What is the average Building and leasehold improvements for 2018 and 2019?
Facts: 47.3; 48.9
Derivation: (48.9 + 47.3) / 2
Answer: 48.1 million

Question: What was the Selling, general and administrative expenses from our Life Sciences segment for the year ended December 31, 2019?
Facts: $8.6 million
Answer: $8.6 million

Question: What was the decrease in the selling, general and administrative expenses?
Facts: $5.0 million
Answer: $5.0 million

Question: What was the Depreciation and amortization in 2019?
Facts: 0.3
Answer: 0.3 million

Question: What was the percentage change in the selling, general and administrative expenses from 2018 to 2019?
Facts: 13.6; 8.6
Derivation: 8.6 / 13.6 - 1
Answer: -36.76 percent

Question: What was the average depreciation and amortization expense for 2018 and 2019?
Facts: 0.2; 0.3
Derivation: (0.3 + 0.2) / 2
Answer: 0.25 million

Question: What was the percentage change in the loss from operations from 2018 to 2019?
Facts: 13.8; 8.9
Derivation: -8.9 / -13.8 - 1
Answer: -35.51 percent

Question: What was the net income from the Construction segment for the year ended December 31, 2019?
Facts: $24.7 million
Answer: $24.7 million

Question: What caused the decrease in adjusted EBITDA?
Facts: driven by a decline in income from equity method investees, due to HMN driven by lower revenues on large turnkey projects underway than in the comparable period, and losses at SBSS from a loss contingency related to ongoing legal disputes and lower vessel utilization.
Answer: driven by a decline in income from equity method investees, due to HMN driven by lower revenues on large turnkey projects underway than in the comparable period, and losses at SBSS from a loss contingency related to ongoing legal disputes and lower vessel utilization.

Question: What was the net income from Marine Services in 2018?
Facts: $0.3 million
Answer: $0.3 million

Question: What was the percentage change in the construction value from 2018 to 2019?
Facts: 60.9; 75.7
Derivation: 75.7 / 60.9 - 1
Answer: 24.3 percent

Question: What was the average Marine Services value for 2018 and 2019?
Facts: 30.7; 32.7
Derivation: (30.7 + 32.7) / 2
Answer: 31.7 million

Question: What is the percentage change in Energy value from 2018 to 2019?
Facts: 17.0; 5.5
Derivation: 17.0 / 5.5 - 1
Answer: 209.09 percent

Question: Where is the network advertising revenue generated from?
Facts: primarily from the sale of television airtime for programs or advertisements
Answer: primarily from the sale of television airtime for programs or advertisements

Question: What does the network distribution revenue consist of?
Facts: payments received from cable, satellite and other multiple video program distribution systems for their retransmission of our network content.
Answer: payments received from cable, satellite and other multiple video program distribution systems for their retransmission of our network content.

Question: Where is the broadcast revenue generated from?
Facts: primarily from the sale of television airtime in return for a fixed fee or a portion of the related ad sales recognized by the third party.
Answer: primarily from the sale of television airtime in return for a fixed fee or a portion of the related ad sales recognized by the third party.

Question: What is the change in the network advertising revenue from 2018 to 2019?
Facts: 22.7; 28.2
Derivation: 22.7 - 28.2
Answer: -5.5 million

Question: What is the average broadcast station revenue for 2018 and 2019?
Facts: 10.8; 11.9
Derivation: (11.9 + 10.8) / 2
Answer: 11.35 million

Question: What is the percentage change in the network distribution revenue from 2018 to 2019?
Facts: 4.8; 4.9
Derivation: 4.9 / 4.8 - 1
Answer: 2.08 percent

Question: How is Earning Per Share (EPS) calculated?
Facts: calculated using the two-class method, which allocates earnings among common stock and participating securities to calculate EPS when an entity's capital structure includes either two or more classes of common stock or common stock and participating securities.
Answer: calculated using the two-class method, which allocates earnings among common stock and participating securities to calculate EPS when an entity's capital structure includes either two or more classes of common stock or common stock and participating securities.

Question: What was the Net (loss) income attributable to common stock and participating preferred stockholders in 2018?
Facts: $155.6
Answer: $155.6 million

Question: What was the Net (loss) income attributable to common stock and participating preferred stockholders in 2019?
Facts: $(31.5)
Answer: $(31.5) million

Question: What is the change in the Weighted-average common basic stock outstanding from 2018 to 2019?
Facts: 44.3; 44.8
Derivation: 44.8 - 44.3
Answer: 0.5 million

Question: What is the average unvested restricted stock for 2018 and 2019?
Facts: 0.4; 0.6
Derivation: (0.6 + 0.4) / 2
Answer: 0.5 million

Question: What was the average Preferred stock (as-converted basis) for 2018 and 2019?
Facts: 2.1; 4.9
Derivation: (2.1 + 4.9) / 2
Answer: 3.5 million

Question: What is the cash provided by operating activities in 2019?
Facts: $110.5 million
Answer: $110.5 million

Question: What is the cash provided by financing activities in 2019?
Facts: $62.4 million
Answer: $62.4 million

Question: What was the cash used in investing activities in 2019?
Facts: (263.7)
Answer: (263.7) million

Question: What is the percentage change in the cash provided by operating activities from 2018 to 2019?
Facts: 110.5; 341.4
Derivation: 110.5 / 341.4 - 1
Answer: -67.63 percent

Question: What is the average cash used in investing activities for 2018 and 2019?
Facts: 224.6; 263.7
Derivation: -(263.7 + 224.6) / 2
Answer: -244.15 million

Question: What is the average cash provided by financing activities?
Facts: 115.2; 62.4
Derivation: (62.4 + 115.2) / 2
Answer: 88.8 million

Question: What was the increase / (decrease) in the net income - insurance segment from 2018 to 2019?
Facts: $(105.8)
Answer: $(105.8) million

Question: What was the increase / (decrease) in the effect of investment gains from 2018 to 2019?
Facts: 3.7
Answer: 3.7 million

Question: What was the increase / (decrease) in the asset impairment expense from 2018 to 2019?
Facts: 47.3
Answer: 47.3 million

Question: What is the percentage change in the net income - insurance segment from 2018 to 2019?
Facts: 165.2; 59.4
Derivation: 59.4 / 165.2 - 1
Answer: -64.04 percent

Question: What is the average effect of investment gains for 2018 and 2019?
Facts: 1.9; 5.6
Derivation: -(1.9 + 5.6) / 2
Answer: -3.75 million

Question: What is the percentage change in the gain on bargain purchase from 2018 to 2019?
Facts: 1.1; 115.4
Derivation: -1.1 / -115.4 - 1
Answer: -99.05 percent

Question: What was the telecommunication - maintenance revenue in 2019?
Facts: $86.8
Answer: $86.8 million

Question: What was the telecommunication - installation revenue in 2019?
Facts: 33.2
Answer: 33.2 million

Question: What was the power - operations, maintenance and construction revenue in 2019?
Facts: 19.9
Answer: 19.9 million

Question: What is the change in the telecommunication maintenance revenue from 2018 to 2019?
Facts: 86.8; 87.0
Derivation: 86.8 - 87.0
Answer: -0.2 million

Question: What is the average telecommunications installation revenue for 2018 and 2019?
Facts: 33.2; 41.5
Derivation: (33.2 + 41.5) / 2
Answer: 37.35 million

Question: What is the average Total Marine Services segment revenue for 2018 and 2019?
Facts: 172.5; 194.3
Derivation: (172.5 + 194.3) / 2
Answer: 183.4 million

Question: What was the life, accident and health earned premiums in December 2019?
Facts: $116.8 million
Answer: $116.8 million

Question: What was the net investment income in December 2019?
Facts: $212.9 million
Answer: $212.9 million

Question: What was the net investment income in 2018?
Facts: 117.1
Answer: 117.1 million

Question: What was the percentage change in the Life, accident and health earned premiums, net from 2018 to 2019?
Facts: 116.8; 94.4
Derivation: 116.8 / 94.4 - 1
Answer: 23.73 percent

Question: What is the average net investment income for 2018 and 2019?
Facts: 117.1; 212.9
Derivation: (212.9 + 117.1) / 2
Answer: 165 million

Question: What is the percentage change in the Net revenue from 2018 to 2019?
Facts: 217.1; 331.6
Derivation: 331.6 / 217.1 - 1
Answer: 52.74 percent

Question: What was the net revenue for the year ended December 31, 2019?
Facts: $696.1 million
Answer: $696.1 million

Question: What was the selling, general and administrative expense for the year ended December 31, 2019?
Facts: $8.2 million
Answer: $8.2 million

Question: What was the cost of revenue for the year ended December 31, 2019?
Facts: $684.9 million
Answer: $684.9 million

Question: What was the percentage change in the net revenue from 2018 to 2019?
Facts: 696.1; 793.6
Derivation: 696.1 / 793.6 - 1
Answer: -12.29 percent

Question: What was the average cost of revenue for 2018 and 2019?
Facts: 684.9; 779.1
Derivation: (684.9 + 779.1) / 2
Answer: 732 million

Question: What is the percentage change in the Depreciation and amortization from 2018 to 2019?
Facts: 0.3
Derivation: 0.3 / 0.3 - 1
Answer: 0 percent

Question: What was the net revenue from Marine Services segment for the year ended December 31, 2019?
Facts: $713.3 million
Answer: $713.3 million

Question: What was the net revenue from Marine Services segment for the year ended December 31, 2018?
Facts: $716.4 million
Answer: $716.4 million

Question: What was the cost of revenue from Marine Services segment for the year ended December 31, 2019?
Facts: $572.3 million
Answer: $572.3 million

Question: What was the percentage change in the net revenue from 2018 to 2019?
Facts: 713.3; 716.4
Derivation: 713.3 / 716.4 - 1
Answer: -0.43 percent

Question: What was the average cost of revenue for 2018 and 2019?
Facts: 572.3; 600.4
Derivation: (572.3 + 600.4) / 2
Answer: 586.35 million

Question: What is the percentage change in the Depreciation and amortization from 2018 to 2019?
Facts: 15.5; 7.4
Derivation: (15.5 / 7.4 - 1)
Answer: 109.46 percent