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Condensed Consolidated Statements Of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating Activities    
Net income $ 36,801 $ 26,194
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 958 968
Net amortization of investments 11,336 9,552
Deferred income taxes (3,616) (2,109)
Net realized (gains)/losses on investments (181) 1,921
Loss on sale of asset   2
Share-based compensation 988 1,020
Changes in operating assets and liabilities:    
Premiums receivable, net (22,036) (30,052)
Accrued interest receivable (26) (496)
Deferred policy acquisition costs (1,845) (2,666)
Other assets (10,300) 260
Reserves for loss and loss adjustment expenses 62,052 38,592
Unearned premiums 14,153 24,211
Reinsurance balances (13,817) 23,842
Amounts held for others and policyholder deposits 9,423 (6,142)
Accounts payable and other liabilities 20,091 14,667
Net cash provided by operating activities 103,981 99,764
Investing Activities    
Purchases of investments held-to-maturity (152,887) (55,547)
Purchases of investments available-for-sale (110,631) (92,366)
Purchases of short-term investments (72,899) (112,624)
Purchases of other invested assets   (10,000)
Proceeds from maturities of investments held-to-maturity 84,942 83,715
Proceeds from sales and maturities of investments available-for-sale 43,283 20,606
Proceeds from sales and maturities of short-term investments 112,652 92,921
Purchases of property and equipment (771) (764)
Net cash used in investing activities (96,311) (74,059)
Financing Activities    
Proceeds from stock option exercises 1,820 1,597
Tax benefit from share-based payments 1,975 1,222
Dividends to stockholders (15,998) (4,422)
Net cash used in financing activities (12,203) (1,603)
Change in cash and cash equivalents (4,533) 24,102
Cash and cash equivalents at beginning of period 123,077 92,676
Cash and cash equivalents at end of period $ 118,544 $ 116,778