• Filing Date: 2015-03-10
  • Form Type: 10-K
  • Description: Annual report
v2.4.1.9
Consolidated Statements of Stockholders' Equity (USD $)
In Thousands, except Share data
Total
USD ($)
Share Repurchase Plan [Member]
USD ($)
Common Stock [Member]
Common Stock [Member]
Share Repurchase Plan [Member]
Additional Paid-In Capital [Member]
USD ($)
Additional Paid-In Capital [Member]
Share Repurchase Plan [Member]
USD ($)
Retained Income [Member]
USD ($)
Accumulated Other Comprehensive Income, Net of Tax [Member]
USD ($)
Series A Preferred Stock [Member]
Beginning Balance at Dec. 31, 2011 $ 63,830us-gaap_StockholdersEquity       $ 29,636us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
  $ 33,986us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
$ 208us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
 
Beginning Balance, shares at Dec. 31, 2011     6,202,485us-gaap_SharesOutstanding
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
          1,247,700us-gaap_SharesOutstanding
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
Net income 30,157us-gaap_NetIncomeLoss           30,157us-gaap_NetIncomeLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
   
Total other comprehensive income, net of income taxes 1,412us-gaap_OtherComprehensiveIncomeLossNetOfTax             1,412us-gaap_OtherComprehensiveIncomeLossNetOfTax
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
 
Conversion of preferred stock to common stock, shares     1,006,518us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
          (1,006,518)us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
Issuance of restricted stock, shares     246,320us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
           
Exercise of common stock options, value 283us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised       283us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Exercise of common stock options, shares 340,000us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised   340,000us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
           
Shares surrendered upon exercising common stock options, shares     (72,592)hci_CommonStockSharesSurrendered
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
           
Exercise of common stock warrants, value 11,869hci_StockIssuedDuringPeriodValueWarrantExercised       11,869hci_StockIssuedDuringPeriodValueWarrantExercised
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Exercise of common stock warrants, shares     1,314,806hci_StockIssuedDuringPeriodSharesWarrantExercised
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
           
Common stock dividends (8,063)us-gaap_DividendsCommonStockCash           (8,063)us-gaap_DividendsCommonStockCash
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
   
Preferred stock dividends (322)us-gaap_DividendsPreferredStock           (322)us-gaap_DividendsPreferredStock
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
   
Tax benefits on stock-based compensation 1,161us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation       1,161us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Issuance of common stock (net of offering costs of $220) 20,082us-gaap_StockIssuedDuringPeriodValueNewIssues       20,082us-gaap_StockIssuedDuringPeriodValueNewIssues
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Issuance of stock, shares     1,840,000us-gaap_StockIssuedDuringPeriodSharesNewIssues
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
           
Stock-based compensation 844us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue       844us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Ending Balance at Dec. 31, 2012 121,253us-gaap_StockholdersEquity       63,875us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
  55,758us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
1,620us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
 
Ending Balance, shares at Dec. 31, 2012     10,877,537us-gaap_SharesOutstanding
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
          241,182us-gaap_SharesOutstanding
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
Net income 65,562us-gaap_NetIncomeLoss           65,562us-gaap_NetIncomeLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
   
Total other comprehensive income, net of income taxes (506)us-gaap_OtherComprehensiveIncomeLossNetOfTax             (506)us-gaap_OtherComprehensiveIncomeLossNetOfTax
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
 
Conversion of preferred stock to common stock, shares     130,498us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
          (130,498)us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
Issuance of restricted stock, shares     612,000us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
           
Forfeiture of restricted stock, shares     (29,670)us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
           
Repurchase and retirement of common stock (963)us-gaap_StockRepurchasedAndRetiredDuringPeriodValue       (963)us-gaap_StockRepurchasedAndRetiredDuringPeriodValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Repurchase and retirement of common stock, shares     (28,346)us-gaap_StockRepurchasedAndRetiredDuringPeriodShares
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
           
Repurchase of common stock under prepaid forward contract, value (29,923)hci_AdjustmentsToAdditionalPaidInCapitalStockRepurchaseForwardContractPrepaidAmount       (29,923)hci_AdjustmentsToAdditionalPaidInCapitalStockRepurchaseForwardContractPrepaidAmount
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Repurchase of common stock under prepaid forward contract, shares     (622,751)hci_AdjustmentsToAdditionalPaidInCapitalStockRepurchaseUnderPrepaidForwardContract
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
           
Equity component on 3.875% convertible senior notes (net of offering costs of $557) 15,900hci_AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebtNetOfOfferingCosts       15,900hci_AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebtNetOfOfferingCosts
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Deferred taxes on debt discount (6,348)hci_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromConvertibleDebtWithConversionFeature       (6,348)hci_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromConvertibleDebtWithConversionFeature
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Common stock dividends (10,775)us-gaap_DividendsCommonStockCash           (10,775)us-gaap_DividendsCommonStockCash
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
   
Preferred stock dividends (104)us-gaap_DividendsPreferredStock           (104)us-gaap_DividendsPreferredStock
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
   
Tax benefits on stock-based compensation 1,060us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation       1,060us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Stock-based compensation 5,365us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue       5,365us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Ending Balance at Dec. 31, 2013 160,521us-gaap_StockholdersEquity       48,966us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
  110,441us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
1,114us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
 
Ending Balance, shares at Dec. 31, 2013     10,939,268us-gaap_SharesOutstanding
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
          110,684us-gaap_SharesOutstanding
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
Net income 62,664us-gaap_NetIncomeLoss           62,664us-gaap_NetIncomeLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
   
Total other comprehensive income, net of income taxes (448)us-gaap_OtherComprehensiveIncomeLossNetOfTax             (448)us-gaap_OtherComprehensiveIncomeLossNetOfTax
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
 
Conversion of preferred stock to common stock, shares     107,298us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
          (107,298)us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
Issuance of restricted stock, shares     108,720us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
           
Exercise of common stock options, value 125us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised       125us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Exercise of common stock options, shares 50,000us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised   50,000us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
           
Forfeiture of restricted stock, shares     (10,840)us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
           
Repurchase and retirement of common stock (643)us-gaap_StockRepurchasedAndRetiredDuringPeriodValue (38,354)us-gaap_StockRepurchasedAndRetiredDuringPeriodValue
/ us-gaap_ShareRepurchaseProgramAxis
= hci_ShareRepurchasePlanMember
    (643)us-gaap_StockRepurchasedAndRetiredDuringPeriodValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
(38,354)us-gaap_StockRepurchasedAndRetiredDuringPeriodValue
/ us-gaap_ShareRepurchaseProgramAxis
= hci_ShareRepurchasePlanMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
     
Repurchase and retirement of common stock, shares   (990,701)us-gaap_StockRepurchasedAndRetiredDuringPeriodShares
/ us-gaap_ShareRepurchaseProgramAxis
= hci_ShareRepurchasePlanMember
(14,617)us-gaap_StockRepurchasedAndRetiredDuringPeriodShares
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
(990,701)us-gaap_StockRepurchasedAndRetiredDuringPeriodShares
/ us-gaap_ShareRepurchaseProgramAxis
= hci_ShareRepurchasePlanMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
         
Redemption of Series A preferred stock (34)us-gaap_StockRedeemedOrCalledDuringPeriodValue       (34)us-gaap_StockRedeemedOrCalledDuringPeriodValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Redemption of Series A preferred stock, shares                 (3,386)us-gaap_StockRedeemedOrCalledDuringPeriodShares
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
Deferred taxes on debt discount 215hci_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromConvertibleDebtWithConversionFeature       215hci_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromConvertibleDebtWithConversionFeature
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Common stock dividends (11,655)us-gaap_DividendsCommonStockCash           (11,655)us-gaap_DividendsCommonStockCash
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
   
Derecognition of preferred stock dividends payable 4hci_DerecognitionOfPreferredStockDividendsPayable           4hci_DerecognitionOfPreferredStockDividendsPayable
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
   
Tax benefits on stock-based compensation 2,080us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation       2,080us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Stock-based compensation 8,110us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue       8,110us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
       
Ending Balance at Dec. 31, 2014 $ 182,585us-gaap_StockholdersEquity       $ 20,465us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
  $ 161,454us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
$ 666us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
 
Ending Balance, shares at Dec. 31, 2014     10,189,128us-gaap_SharesOutstanding
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
          0us-gaap_SharesOutstanding
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember