PICO Holdings, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 314,564 144,275 55,679 4,637
Cost of Revenue 281,190 126,973 36,851 2,515
Gross Profit 33,374 17,302 18,828 2,122
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 78,015 46,566 39,650 34,663
Non-Recurring Items 1,410 - 21,404 10,316
Other 2,765 1,967 1,445 1,351
Operating Income (48,816) (31,231) (43,671) (44,208)
Income From Continuing Operations
Add'l Income/Expense Items 30,265 5,806 9,160 16,909
Earnings Before Interest and Tax (18,551) (25,425) (34,511) (27,299)
Interest Expense 6,881 4,153 146 1,356
Earnings Before Tax (25,432) (29,578) (34,657) (28,655)
Income Tax 3,197 (1,069) 22,151 (12,518)
Minority Interest (6,896) (2,579) 4,740 (2,900)
Equity Earnings Unconsolidated Subsidiary (565) - (5,293) (3,717)
Net Income Cont. Operations (29,194) (28,509) (62,101) (19,854)
Non Recurring Events
Discontinued Operations - (3,143) 12,299 5,782
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (22,298) (29,073) (54,542) (11,172)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (22,298) (29,073) (54,542) (11,172)