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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
OPERATING ACTIVITIES      
Net income $ 10,145 $ 5,698 $ 27,358
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 37,532 11,713 3,328
Accretion (Amortization) of Discounts and Premiums, Investments (5,073) (3,677) (1,997)
Gain (Loss) on Sale of Securities, Net (67) (547) (827)
Provision for uncollectible premiums/over and short 494 64 272
Deferred income taxes, net (8,584) 2,210 2,305
Share-based Compensation 2,613 1,947 1,974
Changes in operating assets and liabilities:      
Accrued investment income (531) (172) (676)
Premiums receivable (5,447) 5,409 (8,577)
Reinsurance recoverable on paid and unpaid losses (351,516) (18,459) (893)
Prepaid reinsurance premiums (46,796) (53,165) (15,572)
Deferred policy acquisition costs, net (38,409) (18,741) (14,807)
Other assets 4,051 (11,006) (3,897)
Unpaid losses and loss adjustment expenses 280,848 39,096 19,966
Unearned premiums 54,825 41,327 65,521
Reinsurance payable 26,820 36,391 18,290
Payments outstanding (1,386) 0 (218)
Accounts payable 15,905 8,005 (1,837)
Other Liabilities 28,739 12,300 4,612
Net Cash Provided by (Used in) Operating Activities 14,309 65,747 98,319
INVESTING ACTIVITIES      
Proceeds from sales and maturities of investments available for sale 128,329 187,522 199,575
Purchases of investments available for sale (205,720) (201,234) (270,141)
Payments to Acquire Loans Receivable (20,000) 0 0
Cash Acquired from Acquisition 95,284 0 14,467
Payments to Acquire Businesses, Net of Cash Acquired 0 (32,896) 0
Payments to Acquire Property, Plant, and Equipment (5,237) (3,149) (10,916)
Net Cash Provided by (Used in) Investing Activities (7,344) (49,757) (67,015)
FINANCING ACTIVITIES      
Payments Related to Tax Withholding for Share-based Compensation (287) (270) (185)
Repayments of borrowings (40,075) (1,379) (3,422)
Proceeds from Issuance of Long-term Debt 150,000 35,200 0
Payments of Debt Issuance Costs (3,264) (596) 0
Payments of Dividends (8,991) (4,974) (4,302)
Bank overdrafts (21,239) (21,931) 0
Net Cash Provided by (Used in) Financing Activities 118,622 49,912 (7,909)
Increase (decrease) in cash 125,587 65,902 23,395
Cash and cash equivalents at beginning of period 150,688 84,786 61,391
Cash and cash equivalents at end of period 276,275 150,688 84,786
Supplemental Cash Flows Information      
Interest paid 3,407 285 296
Income taxes paid 3,896 7,194 13,223
Stock Issued $ 285,468 $ 0 $ 0