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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (1,555) $ (264)
Adjustments to reconcile loss to net cash used in operating activities:    
Additions to acquisition costs, net (287) (1,050)
Realized investment gains, net (249) (1,995)
Unrealized losses (gains) on equity securities, net 7,100 (1,152)
Distributions received from equity method investees 0 106
Compensation expense related to share awards 254 107
Depreciation and amortization 503 337
Deferred income tax benefit (2,693) (612)
Increase in receivables, net (6,078) (13,393)
Increase in insurance reserves and policyholder funds 2,805 13,493
(Decrease) increase in accounts payable and accrued expenses (393) 2,366
Other, net 1,151 (5,162)
Net cash provided by (used in) operating activities 558 (7,219)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from investments sold 7,448 70,171
Proceeds from investments matured, called or redeemed 3,031 3,628
Investments purchased (7,411) (67,220)
Additions to property and equipment (160) (32)
Net cash provided by investing activities 2,908 6,547
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payment of dividends on common stock 0 (403)
Proceeds from shares issued under stock plans 5 15
Treasury stock acquired - share repurchase authorization 0 (71)
Treasury stock acquired - net employee share-based compensation (10) (49)
Net cash used in financing activities (5) (508)
Net increase (decrease) in cash and cash equivalents 3,461 (1,180)
Cash and cash equivalents at beginning of period 12,893 12,630
Cash and cash equivalents at end of period 16,354 11,450
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest 944 1,100
Cash paid for income taxes $ 0 $ 850