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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Dec. 31, 2015
Cash Flows from Operating Activities      
Net income (loss) $ (2,028) $ 512 $ (529)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization of property and equipment, and intangibles 92 101  
Amortization of bond premium and discount, net 148 125  
(Gains) losses on investments 8 (145)  
Incentive awards expenses - vesting of RSU 204 0  
Other (87) 2  
(Increase) decrease in:      
Premiums and agents' balances receivable (1,426) 1,552  
Reinsurance recoverables 990 (1,675)  
Ceded unearned premiums (505) (1,057)  
Deferred policy acquisition costs (119) (441)  
Other assets (411) (20)  
Increase (decrease) in:      
Unpaid losses and loss adjustment expenses 3,066 1,456  
Unearned premiums 1,847 231  
Reinsurance premiums payable 300 (2,666)  
Accounts payable and accrued expenses 1,010 996  
Other liabilities (113) (402)  
Net cash provided by (used in) operating activities 2,976 (1,431)  
Purchase of investments:      
Fixed maturity securities (5,979) (13,469)  
Equity securities (434) (439)  
Short-term investments (11,842) (19,393)  
Proceeds from maturities and redemptions of investments:      
Fixed maturity securities 2,505 1,103  
Proceeds from sales of investments:      
Fixed maturity securities 2,157 1,926  
Equity securities 418 359  
Short-term investments 13,091 30,816  
Purchases of property and equipment (21) (39)  
Net cash provided by (used in) investing activities (105) 864  
Cash Flows From Financing Activities      
Proceeds received from issuance of shares of common stock 0 750  
Repurchase of common stock (231) 0  
Borrowings under debt arrangements 1,000 900  
Repayment of borrowings under debt arrangements (500) (250)  
Payment of offering costs 0 (140)  
Net cash provided by financing activities 269 1,260  
Net increase in cash 3,140 693  
Cash at beginning of period 12,703 18,488 19,181
Cash at end of period 15,843 19,181 $ 12,703
Supplemental Disclosure of Cash Flow Information:      
Interest paid 98 233  
Net income taxes paid 0 0  
Dividends declared but not paid at end of the period 0 152  
Paid-in-kind interest $ 0 $ 61