What does employee benefits — income tax expense benefit mean?

The amount of income tax expense or benefit attributed to the Employee Benefits segment.

How do you interpret employee benefits — income tax expense benefit?

An increase in expense generally correlates with higher segment profitability, while a benefit may indicate tax credits or prior-year adjustments.

How does employee benefits — income tax expense benefit compare across companies?

Standard tax allocation line item found in segment reporting for large insurance conglomerates.

Assurant AIZ Employee Benefits — Income Tax Expense Benefit

Discontinued — last reported Q4 '15

Similar metrics at other companies

PFGSegment Benefits And Protection — Income Tax Expense Benefit

$25.3M+13.7%

AEEOperating Segments — Income Tax Expense Benefit

$155.75M+47.3%

KEYOperating Segments — Income Tax Expense Benefit

$75M-18.5%

CFGOperating Segments — Income Tax Expense Benefit

$136M-13.9%

UMBFBank — Income Tax Expense Benefit

$15.79M+59.0%

AKAMReportable Segment — Benefit (provision) for income taxes

$15.68M-68.8%

Other financials

Income statement

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Revenue$3.4B+11.3%

Net income$274.1M+87.0%

EPS (diluted)$5.41+91.2%

Balance sheet

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Cash & equivalents$1.6B-4.7%

Total debt$73.9M+18.4%

Total equity$5.9B+12.1%

Total assets$35.8B+2.2%

Cash flow

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Operating cash flow$240.3M-38.8%

CapEx$47.7M-10.7%

Free cash flow$192.6M-43.2%

Valuation

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Market cap$12.88B+1.6%

P/E12.9×-6.0×

P/S1×-0.1×

Profitability

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Net margin7.6%+2.0pp

FCF margin11%-0.7pp

Returns & leverage

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Return on equity18%+4.8pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Assurant in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Assurant’s 10-K, filed February 16, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does employee benefits — income tax expense benefit mean?: The amount of income tax expense or benefit attributed to the Employee Benefits segment.
How do you interpret employee benefits — income tax expense benefit?: An increase in expense generally correlates with higher segment profitability, while a benefit may indicate tax credits or prior-year adjustments.
How does employee benefits — income tax expense benefit compare across companies?: Standard tax allocation line item found in segment reporting for large insurance conglomerates.