National General Holdings Corp
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Total Revenue 931,862 808,241 674,931
Cost of Revenue 597,011 513,457 415,343
Gross Profit 334,851 294,784 259,588
Operating Expenses
Research and Development - - -
Sales, General and Admin. 280,552 246,644 208,939
Non-Recurring Items - - -
Other - - -
Operating Income 52,257 46,353 48,655
Income From Continuing Operations
Add'l Income/Expense Items - - -
Earnings Before Interest and Tax 54,299 48,140 50,649
Interest Expense 2,042 1,787 1,994
Earnings Before Tax 52,257 46,353 48,655
Income Tax 11,140 12,309 28,301
Minority Interest 82 - 14
Equity Earnings Unconsolidated Subsidiary 1,274 (1,338) 23,760
Net Income Cont. Operations 41,117 34,044 20,354
Non Recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect of Accounting Changes - - -
Other Items - - -
Net Income 42,309 32,706 44,100
Preferred Stock and Other Adjustments (2,158) (4,674) (4,328)
Net Income Applicable to Common Shareholders 40,151 28,032 39,772