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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net income $ 801 $ 3,980
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 807 880
Stock-based compensation 72 112
Deferred income taxes 408  
Net realized losses (gains) on sales and redemptions of investments 7 (40)
Investment income and equity in earnings from other investments (328) (277)
Other 164 169
Change in:    
Premiums and fees receivable (8,714) (7,053)
Loss and loss adjustment expense reserves 13,863 4,511
Unearned premiums and fees 12,976 9,634
Other 811 1,306
Net cash provided by operating activities 20,867 13,222
Cash flows from investing activities:    
Purchases of investments, available-for-sale (18,963) (5,441)
Purchases of other investments (1,289) (1,416)
Maturities and redemptions of investments, available-for-sale 5,252 7,317
Capital expenditures (1,197) (489)
Acquisition of identifiable intangible asset (205)  
Deposit under asset purchase agreement (33,735)  
Other 571 152
Net cash (used in) provided by investing activities (49,566) 123
Cash flows from financing activities:    
Proceeds from term loan from principal stockholder 30,000  
Net proceeds from issuance of common stock 44 30
Net cash provided by financing activities 30,044 30
Net change in cash and cash equivalents 1,345 13,375
Cash and cash equivalents, beginning of period 102,429 72,033
Cash and cash equivalents, end of period $ 103,774 $ 85,408