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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating Activities:    
Net Income (Loss) $ (1,738) $ 30,878
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by Operating Activities:    
Depreciation & Amortization 1,248 807
Amortization of Finite-Lived Intangible Assets 324 0
Share-Based Compensation 2,294 986
Deferred Income Taxes 1,798 (5)
Total Net Realized and Unrealized (Gains) Losses (27,162) 2,012
Changes in Assets and Liabilities:    
Reinsurance Recoverable on Paid and Unpaid Losses and Loss Adjustment Expenses (25,738) 9,382
Reserves for Losses and Loss Adjustment Expenses 66,190 6,353
Prepaid Reinsurance Premiums (4,478) (237)
Unearned Premiums 88,976 70,755
Premiums Receivable (69,570) (61,403)
Deferred Policy Acquisition Costs (13,368) (16,328)
Accrued Investment Income (1,614) (1,247)
Reinsurance Balances Payable 19,132 (7,468)
Current Income Tax Receivable, Net 1,627 6,251
Other (7,021) (4,973)
Net Cash Provided by Operating Activities 30,900 35,763
Fixed Maturities    
Redemptions and Maturities 71,665 175,867
Sales 83,768 110,089
Purchases (174,872) (246,359)
Equity Securities    
Sales 9,579 14,989
Purchases (1,991) (36,799)
Net Sales and Purchases of Other Invested Assets (4,039) (4,585)
Net Sales, Maturities and Purchases of Short-Term Investments 907 22
Net Change in Unsettled Security Transactions 11,051 21,581
Net Purchase of Property and Equipment (1,111) (1,150)
Net Cash Provided by (Used in) Investing Activities (5,043) 33,655
Financing Activities:    
Proceeds from Employee Stock Purchase Plan 0 452
Payment of Employee Tax Withholding on Stock Compensation (6,829) (5,508)
Dividends Paid (2,087) (2,069)
Net Cash Used in Financing Activities (8,916) (7,125)
Effect of Exchange Rate on Unrestricted and Restricted Cash and Cash Equivalents 2,080 2,876
Change in Unrestricted and Restricted Cash and Cash Equivalents 19,021 65,169
Unrestricted and Restricted Cash and Cash Equivalents at Beginning of Year 222,154 158,964
Unrestricted and Restricted Cash and Cash Equivalents at End of Period 241,175 224,133
Supplemental Information:    
Income Taxes Paid, Net 115 294
Interest Paid 0 0
Issuance of Stock to Directors $ 745 $ 783