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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
OPERATING ACTIVITIES      
Net income $ 27,358 $ 41,013 $ 20,342
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 3,328 801 697
Accretion (Amortization) of Discounts and Premiums, Investments (1,997) (1,522) (1,323)
Gain (Loss) on Sale of Securities, Net (827) 20 129
Provision for uncollectible premiums/over and short 272 73 59
Deferred income taxes, net 2,305 (1,181) 1,150
Share-based Compensation 1,974 649 133
Changes in operating assets and liabilities:      
Accrued investment income (676) (487) (992)
Premiums receivable (8,577) (5,366) (8,981)
Reinsurance recoverable on paid and unpaid losses (893) 358 (154)
Prepaid reinsurance premiums (15,572) (8,559) (5,352)
Deferred policy acquisition costs, net (14,807) (6,739) (8,208)
Other assets (3,897) (1,493) 28
Unpaid losses and loss adjustment expenses 19,966 6,985 11,759
Unearned premiums 65,521 36,058 64,644
Reinsurance payable 18,290 5,771 13,420
Other Liabilities 2,557 (507) 19,769
Net Cash Provided by (Used in) Operating Activities 98,319 68,918 109,766
INVESTING ACTIVITIES      
Proceeds from sales and maturities of investments available for sale 199,575 219,893 102,227
Purchases of investments available for sale (270,141) (305,013) (246,514)
Cash Acquired from Acquisition 14,467 0 0
Payments to Acquire Property, Plant, and Equipment (10,916) (6,346) (1,867)
Net Cash Provided by (Used in) Investing Activities (67,015) (91,466) (146,154)
FINANCING ACTIVITIES      
Payments Related to Tax Withholding for Share-based Compensation (185) (110) 0
Repayments of borrowings (3,422) (1,177) (1,176)
Payments of Dividends (4,302) (3,336) (1,944)
Bank overdrafts 0 367 400
Proceeds from Issuance of Common Stock 0 54,041 3,591
Net Cash Provided by (Used in) Financing Activities (7,909) 49,051 71
Increase (decrease) in cash 23,395 26,503 (36,317)
Cash and cash equivalents at beginning of period 61,391 34,888 71,205
Cash and cash equivalents at end of period 84,786 61,391 34,888
Supplemental Cash Flows Information      
Interest paid 296 389 341
Income taxes paid $ 13,223 $ 27,901 $ 9,867