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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 flows from operating activities:      
Net income (loss) $ (1,370) $ (11,062) $ (38,127)
Adjustments to reconcile net income to net cash provided by operating activities:      
Realized gains on sale of investments and other assets (5,249) (108) (518)
Increase (Decrease) in Deferred Policy Acquisition Costs (6,013) (11,540) (570)
Amortization of cost of customer relationships acquired 1,546 2,458 2,129
Depreciation 1,677 1,451 1,065
Amortization of premiums and discounts on investments 12,859 16,998 16,606
Allocated Share-Based Compensation Expense, Gross 2,099 410 0
Deferred federal income tax expense (benefit) 1,573 62,633 20,687
Write-off of goodwill 0 0 4,631
Change in:      
Accrued investment income 1,014 595 (1,159)
Reinsurance recoverable (32) 51 147
Due premiums 669 (560) 87
Future policy benefit reserves 41,479 48,496 75,920
Other policyholders' liabilities 5,387 940 5,860
Federal income tax receivable 3,341 (52,079) 11,808
Commissions payable and other liabilities 2,924 3,609 (6,753)
Other, net (1,707) (752) 59
Net cash provided by operating activities 72,223 84,620 93,012
Cash flows from investing activities:      
Sale of fixed maturities, available-for-sale 66,900 38,823 1,077
Maturities and calls of fixed maturities, available-for-sale 181,618 65,906 74,902
Maturities and calls of fixed maturities, held-to-maturity 0 20,699 9,095
Purchase of fixed maturities, available-for-sale (329,627) (195,001) (167,699)
Proceeds from sale of equity securities 0 (9)  
Sale of equity securities     2,390
Proceeds from Collection of Loans Receivable 9 9 37
Increase in policy loans, net (1,180) (7,090) (7,063)
Sale of other long-term investments 6,983 14 3,041
Purchase of other long-term investments and real estate (187) 0 0
Purchase of property and equipment (511) (724) (1,326)
Sale of property and equipment 16 89 41
Maturity of short-term investments 9,090 0 500
Purchase of short-term investments (2,456) (7,850) 0
Net cash used in investing activities (69,345) (85,134) (85,005)
Cash flows from financing activities:      
Annuity deposits 6,717 7,265 9,346
Annuity withdrawals (8,505) (7,323) (6,799)
Proceeds from (Payments for) Other Financing Activities (377) 0 0
Net cash provided by financing activities (2,165) (58) 2,547
Net increase (decrease) in cash and cash equivalents 713 (572) 10,554
Cash and cash equivalents at beginning of year 45,492 46,064 35,510
Cash and cash equivalents at end of year 46,205 45,492 46,064
Cash paid during the year for income taxes $ 2,200 $ 2,510 $ 2,675