XML 113 R101.htm IDEA: XBRL DOCUMENT v3.20.1
Schedule II - Condensed Statement of Cash Flows (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating Activities      
Net income $ 31,458 $ 21,859 $ 25,701
Depreciation 1,759 1,657 1,435
Amortization of investments, net 712 748 788
Net loss on disposals of property (46) 12 (23)
Net realized (gain) loss on securities (1,343) 117 (1,201)
Net unrealized loss on equity investments (10,303) 4,130 0
Net (earnings) loss from other investments 3 (7) (22)
Provision (benefit) for deferred income taxes 2,278 (4,074) (4,664)
(Increase) decrease in receivables (395) (2,097) (1,505)
Decrease (increase) in income taxes receivable 0 385 (385)
(Increase) decrease in other assets 1,654 540 388
Increase (decrease) in accounts payable and accrued liabilities 583 216 1,463
Net cash provided by (used in) operating activities 20,916 24,386 19,893
Investing Activities      
Purchases of short-term securities (98,476) (94,781) (26,414)
Purchases of and net earnings from other investments (2,536) (1,544) (1,873)
Proceeds from sales and maturities of fixed maturity securities 12,530 11,520 17,445
Proceeds from sales and maturities of short-term investments 118,364 86,105 9,228
Proceeds from sales and distributions of other investments 3,192 3,055 2,696
Purchases of property (1,486) (1,859) (2,884)
Net cash provided by (used in) investing activities 4,489 (2,807) (20,288)
Financing Activities      
Repurchases of common stock (19) (29) (246)
Exercise of stock appreciation rights 0 (1) 0
Dividends paid (18,131) (23,017) (7,073)
Net cash provided by (used in) financing activities (18,150) (23,099) (7,319)
Net Increase (Decrease) in Cash and Cash Equivalents 7,255 (1,520) (7,714)
Cash and Cash Equivalents, Beginning of Period 18,694 20,214 27,928
Cash and Cash Equivalents, End of Period 25,949 18,694 20,214
Parent Company      
Operating Activities      
Net income 31,458 21,859 25,701
Equity in net earnings of subsidiaries (30,804) (22,014) (25,634)
Depreciation 99 98 98
Amortization of investments, net 139 222 158
Share-based compensation expense related to stock appreciation rights 264 327 219
Net loss on disposals of property 0 0 3
Net realized (gain) loss on securities (37) (27) (36)
Net unrealized loss on equity investments (797) 384 0
Net (earnings) loss from other investments (226) (81) 5
Provision (benefit) for deferred income taxes 269 (51) (211)
(Increase) decrease in receivables (460) (122) 362
Decrease (increase) in income taxes receivable 1,652 1,441 (1,316)
(Increase) decrease in other assets (135) 12 (112)
Increase (decrease) in accounts payable and accrued liabilities 281 274 (455)
Net cash provided by (used in) operating activities 1,703 2,322 (1,218)
Investing Activities      
Dividends received from subsidiaries 34,925 15,125 14,816
Purchases of fixed maturity and equity securities (24,503) (476) (13,178)
Purchases of short-term securities (39,635) (33,835) (5,835)
Purchases of and net earnings from other investments 0 (579) (1,050)
Proceeds from sales and maturities of fixed maturity securities 8,200 5,753 6,617
Proceeds from sales and maturities of short-term investments 45,279 30,403 3,189
Proceeds from sales and distributions of other investments 904 669 196
Proceeds from sales of other assets 0 1 0
Purchases of property (12) (343) (14)
Net cash provided by (used in) investing activities 25,158 16,718 4,741
Financing Activities      
Repurchases of common stock (19) (29) (246)
Exercise of stock appreciation rights 0 (1) 0
Capital contribution to subsidiaries (600) (325) (510)
Dividends paid (18,131) (23,017) (7,073)
Net cash provided by (used in) financing activities (18,750) (23,372) (7,829)
Net Increase (Decrease) in Cash and Cash Equivalents 8,111 (4,332) (4,306)
Cash and Cash Equivalents, Beginning of Period 1,540 5,872 10,178
Cash and Cash Equivalents, End of Period 9,651 1,540 5,872
Supplemental Disclosures:      
Income tax payments, net $ 9,472 $ 5,448 $ 11,447