What does consolidation — income tax expense benefit mean?

The tax cost or benefit attributed to a specific business segment.

How do you interpret consolidation — income tax expense benefit?

Changes often reflect fluctuations in segment profitability or changes in effective tax rates across different jurisdictions.

How does consolidation — income tax expense benefit compare across companies?

Standard tax allocation metric used by diversified financial services firms.

Assurant AIZ Consolidation — Income Tax Expense Benefit

Discontinued — last reported Q1 '17

Similar metrics at other companies

AEEOperating Segments — Income Tax Expense Benefit

$155.75M+47.3%

AWK

AWKOperating Segments — Income Tax Expense Benefit

$64M-34.0%

WTRGOperating Segments — Income Tax Expense Benefit

-$643K-117%

KEYOperating Segments — Income Tax Expense Benefit

$75M-18.5%

CFGOperating Segments — Income Tax Expense Benefit

$136M-13.9%

ESOperating Segments — Income Tax Expense Benefit

$144.7M+4.2%

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-Q, filed May 4, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation — income tax expense benefit mean?: The tax cost or benefit attributed to a specific business segment.
How do you interpret consolidation — income tax expense benefit?: Changes often reflect fluctuations in segment profitability or changes in effective tax rates across different jurisdictions.
How does consolidation — income tax expense benefit compare across companies?: Standard tax allocation metric used by diversified financial services firms.