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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash Flows From Operating Activities    
Net income $ 56,986 $ 5,030
Less net income (loss) from discontinued operations, net of taxes (1,912) 5,419
Adjustments to reconcile net income to net cash provided by operating activities    
Net accretion of bond premium 6,518 6,663
Depreciation and amortization 4,015 3,501
Stock-based compensation expense 4,040 3,456
Net realized investment gains (7,404) (3,397)
Net cash flows from equity and trading investments 21,253 816
Deferred income tax benefit (6,259) (4,979)
Changes in:    
Accrued investment income (3,032) (1,294)
Premiums receivable (50,780) (45,208)
Deferred policy acquisition costs (7,038) (4,115)
Reinsurance receivables (2,954) (5,409)
Prepaid reinsurance premiums (2,107) (39)
Income taxes receivable (4,238) (7,075)
Other assets (223) (1,358)
Losses and loss settlement expenses 53,894 113,384
Unearned premiums 43,459 46,641
Accrued expenses and other liabilities (3,654) (12,430)
Deferred income taxes (8,298) 1,794
Other, net 3,951 1,920
Cash from operating activities - continuing operations 41,143 92,871
Cash from operating activities - discontinued operations 4,024 23,814
Cash from operating activities - gain on sale of discontinued operations (34,851) 0
Total adjustments 10,316 116,685
Net cash provided by operating activities 69,214 116,296
Cash Flows From Investing Activities    
Proceeds from sale of available-for-sale investments 129,865  
Proceeds from sale of available-for-sale investments   3,388
Proceeds from call and maturity of available-for-sale investments 101,837 134,503
Proceeds from short-term and other investments 8,527 4,846
Proceeds from the sale of discontinued operations 276,055 0
Purchase of available-for-sale investments (485,656) (162,121)
Purchase of mortgage loans (14,896) 0
Purchase of short-term and other investments (3,824) (4,864)
Net purchases and sales of property and equipment (23,760) (11,630)
Cash from investing activities - continuing operations (11,852) (35,878)
Cash from investing activities - discontinued operations 14,343 31,517
Net cash provided by (used in) investing activities 2,491 (4,361)
Cash Flows From Financing Activities    
Payment of cash dividends (97,635) (20,364)
Repurchase of common stock (5,404) (29,784)
Issuance of common stock 6,391 2,960
Cash from financing activities - continuing operations (96,648) (47,188)
Cash from financing activities - discontinued operations (11,547) (46,239)
Net cash used in financing activities (108,195) (93,427)
Net Change in Cash and Cash Equivalents (36,490) 18,508
Less: increase in cash and cash equivalents - discontinued operations (6,820) (9,092)
Net (decrease) increase in cash and cash equivalents - continuing operations (43,310) 9,416
Cash and Cash Equivalents at Beginning of Period - Continuing Operations 95,562 89,194
Cash and Cash Equivalents at End of Period - Continuing Operations $ 52,252 $ 98,610