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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income (loss) $ (38,127) $ 1,969 $ (3,143)
Adjustments to reconcile net income to net cash provided by operating activities:      
Realized gains on sale of investments and other assets (518) 1,985 5,459
Net deferred policy acquisition costs 570 (4,217) (7,704)
Amortization of cost of customer relationships acquired 2,129 2,063 2,317
Depreciation 1,065 806 779
Amortization of premiums and discounts on investments 16,606 14,676 12,021
Deferred federal income tax expense (benefit) 20,687 (9,834) 3,515
Write-off of goodwill 4,631 0 0
Change in:      
Accrued investment income (1,159) (2,497) (1,949)
Reinsurance recoverable 147 304 259
Due premiums 87 (1,033) (1,042)
Future policy benefit reserves 75,920 74,583 76,901
Other policyholders' liabilities 5,860 7,521 6,059
Federal income tax receivable 11,808 9,287 (6,837)
Commissions payable and other liabilities (6,753) 6,434 617
Other, net 59 224 (99)
Net cash provided by operating activities 93,012 102,271 87,153
Cash flows from investing activities:      
Sale of fixed maturities, available-for-sale 1,077 20,638 0
Maturities and calls of fixed maturities, available-for-sale 74,902 56,032 75,231
Maturities and calls of fixed maturities, held-to-maturity 9,095 14,405 20,395
Purchase of fixed maturities, available-for-sale (167,699) (234,964) (134,126)
Purchase of fixed maturities, held-to-maturity 0 (5,507) (55,360)
Sale of equity securities, available-for-sale 1,940 5,100 43,163
Calls of available for sale equity securities 450 822 150
Purchase of equity securities, available-for-sale 0 0 (602)
Principal payments on mortgage loans 37 362 34
Increase in policy loans, net (7,063) (6,506) (6,134)
Sale of other long-term investments 3,041 37 60
Purchase of other long-term investments and real estate 0 (75) 0
Purchase of property and equipment (1,326) (2,214) (590)
Proceeds from Sale of Property, Plant, and Equipment 41 59 0
Maturity of short-term investments 500 256 0
Purchase of short-term investments 0 (522) (255)
Net cash used in investing activities (85,005) (152,077) (58,034)
Cash flows from financing activities:      
Annuity deposits 9,346 8,673 8,103
Annuity withdrawals (6,799) (6,184) (5,103)
Net cash provided by financing activities 2,547 2,489 3,000
Net increase (decrease) in cash and cash equivalents 10,554 (47,317) 32,119
Cash and cash equivalents at beginning of year 35,510 82,827 50,708
Cash and cash equivalents at end of year 46,064 35,510 82,827
Cash paid during the year for income taxes $ 2,675 $ 4,061 $ 4,522