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INDEPENDENCE HOLDING COMPANY CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS PROVIDED BY (USED BY) OPERATING ACTIVITIES:    
Net income (loss) $ 10,487 $ 7,885
Adjustments to reconcile net income to net change in cash from operating activities:    
Amortization of deferred acquisition costs 2,888 2,471
Net realized investment gains (4,100) (6,070)
Equity income from equity method investments (577) (741)
Depreciation and amortization 1,572 2,013
Share-based compensation expense 64 683
Deferred tax expense (benefits) 1,370 1,885
Other adjustments to reconcile net income 2,218 2,411
Changes in assets and liabilities:    
Net sales (purchases) of trading securities 2,173 (3,603)
Change in insurance liabilities 9,603 (48,149)
(Additions) reductions to deferred acquisition costs, net (3,939) (2,974)
Change in amount due from reinsurers 11,646 48,580
Change in premium and claim funds 47 (1,882)
Change in current income tax liability 3,890 4,702
Change in due and unpaid premiums (3,845) 153
Change in other assets 1,084 6,310
Change in other liabilities (2,031) (6,303)
Net change in cash from operating activities 32,550 7,371
CASH FLOWS PROVIDED BY (USED BY) INVESTING ACTIVITIES:    
Net sales (purchases) of securities under resale and repurchase agreements (6,639) 3,334
Sales of equity securities 9,187 288
Purchases of equity securities (4,423) (998)
Sales of fixed maturities 377,835 222,627
Maturities and other repayments of fixed maturities 32,019 28,007
Purchases of fixed maturities (437,826) (254,891)
Acquisition of subsidiary, net of cash acquired 511  
Other investing activites (693) 2,082
Net change in cash from investing activities (30,029) 449
CASH FLOWS PROVIDED BY (USED BY) FINANCING ACTIVITIES:    
Payments for repurchases of common stock (667) (2,810)
Cash paid in acquisitions of noncontrolling interests (1,734)  
Proceeds (withdrawals) of investment-type insurance contracts (1,191) (1,555)
Dividends paid (609) (620)
Proceeds from exercise of stock options 133  
Other financing activities 11 (433)
Net change in cash from financing activities (4,057) (5,418)
Net change in cash and cash equivalents (1,536) 2,402
Cash and cash equivalents, beginning of period 25,083 24,229
Cash and cash equivalents, end of period $ 23,547 $ 26,631