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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flow from operating activities:      
Net income (loss) $ 1,011 $ 14,710 $ 5,342
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Net realized and unrealized investment (gains) losses (7,084) 4,144 (8,548)
Loss (gain) on early extinguishment of debt (3,575) 0 0
Amortization of investment premium or discount, net 916 1,546 3,909
Depreciation and amortization 1,477 1,385 1,166
Share-based compensation 2,176 2,367 2,846
Changes in operating assets and liabilities:      
Prepaid reinsurance premiums (11,803) 26,915 21,440
Premiums receivable, net (8,654) 16,602 8,461
Reinsurance recoverable, net 9,412 (86,823) (76,738)
Deferred acquisition costs and value of business acquired, net (7,979) 1,457 999
Income taxes, net (3,723) 6,109 4,403
Deferred revenue 756 (1,637) (612)
Increase (Decrease) in Liability for Claims and Claims Adjustment Expense Reserve 11,472 65,715 72,405
Unearned premiums 28,365 (12,431) 401
Reinsurance payable 14,797 (8,345) (7,210)
Other 602 (1,444) (15,158)
Net cash provided by (used in) operating activities 35,316 30,270 13,106
Cash flow from investing activities:      
Proceeds from sales of debt securities 164,196 228,777 249,584
Proceeds from sales of equity securities 9,203 10,639 57,125
Maturities and redemptions of debt securities 43,925 92,744 38,038
Purchases of debt securities (228,132) (337,776) (339,667)
Purchases of equity securities (6,565) (13,542) (35,811)
Payment for acquisition, net of cash acquired 10,402 0 0
Purchases of property and equipment (2,040) (2,026) (976)
Net cash provided by (used in) investing activities (9,011) (21,184) (31,707)
Cash flow from financing activities:      
Proceeds from issuance of long-term debt, net of issuance costs 98,390 0 45,000
Payment of long-term debt and prepayment penalties (48,000) (5,000) 0
Purchase of non-controlling interest 0 (16,685) 0
Purchases of FedNat Holding Company common stock (3,449) (5,061) (10,616)
Issuance of common stock for share-based awards 1 39 103
Dividends paid (4,309) (4,184) (4,251)
Net cash provided by (used in) financing activities 42,633 (30,891) 30,236
Net increase (decrease) in cash and cash equivalents 68,938 (21,805) 11,635
Cash and cash equivalents at beginning-of-period 64,423 86,228 74,593
Cash and cash equivalents at end-of-period 133,361 64,423 86,228
Supplemental disclosure of cash flow information:      
Cash paid (received) during the period for income taxes 4,860 4,266 308
Cash paid (received) during the period for income taxes 3,504 (1,104) (354)
Significant non-cash investing and financing transactions:      
Right-of-use asset (8,096) 0 0
Lease liability $ 8,096 $ 0 $ 0