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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flow from operating activities:    
Net income $ 3,172 $ 9,603
Adjustments to reconcile net income to net cash provided by operating activities:    
Net realized investment losses (gains) 105 (927)
Amortization of investment premium or discount, net 1,209 1,313
Depreciation and amortization 270 187
Share-based compensation 667 926
Tax impact related to share-based compensation (50)  
Changes in operating assets and liabilities:    
Prepaid reinsurance premiums 44,475 26,224
Premiums receivable, net (4,262) (9,638)
Reinsurance recoverable, net (1,923) (5,210)
Deferred acquisition costs (344) (217)
Income taxes receivable, net 8,123 1,274
Loss and loss adjustment expense reserves (3,773) 4,275
Unearned premiums (1,927) 7,925
Reinsurance payable (24,723) (18,570)
Deferred income taxes, net of other comprehensive income 1,862 1,729
Other, net 864 1,809
Net cash provided by operating activities 23,745 20,703
Cash flow from investing activities:    
Sales, maturities and redemptions of investment securities 142,132 72,669
Purchases of investment securities (156,736) (70,933)
Purchases of property and equipment (314) (523)
Net cash (used in) provided by investing activities (14,918) 1,213
Cash flow from financing activities:    
Tax impact related to share-based compensation   246
Purchases of FNHC common stock (1,876) (1,077)
Issuance of common stock for share-based awards 1 4
Dividends paid (1,050) (1,565)
Net cash used in financing activities (2,925) (2,392)
Net increase in cash and cash equivalents 5,902 19,524
Cash and cash equivalents at beginning of period 74,593 53,038
Cash and cash equivalents at end of period 80,495 72,562
Cash (received) paid during the period for:    
Income taxes (6,675) 2,300
Non-cash investing and finance activities:    
Accrued dividends payable $ 1,052 $ 854