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Consolidated Statements Of Cash Flows (USD $)
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating Activities    
Net income $ 4,383,559 $ 7,410,468
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation 406,133 292,732
Amortization, net 301,398 215,253
Amortization related to postretirement benefits obligation 1,109 2,388
Share-based compensation expense related to stock options 55,083 40,092
Gain (Loss) on Disposition of Property Plant Equipment (1,900) 1,435
Net realized gain on investments (584,219) (71,616)
Net earnings from other investments (684,781) (815,714)
Provision for claims 2,669,664 607,812
Provision for deferred income taxes 737,000 1,517,000
Changes in assets and liabilities:    
Decrease in receivables 119,308 230,631
Increase in other assets (1,003,088) (3,315,234)
Increase in current income taxes recoverable (1,512,452) (771,419)
(Decrease) increase in accounts payable and accrued liabilities (3,098,494) 1,698,084
Decrease in current income taxes payable 0 (1,336,824)
Payments of claims, net of recoveries (2,401,664) (918,812)
Net cash (used in) provided by operating activities (613,344) 4,786,276
Investing Activities    
Purchases of available-for-sale securities (5,184,440) (641,302)
Purchases of short-term securities (3,770,868) (3,835,960)
Purchases of other investments (786,575) (780,778)
Payments to Acquire Businesses, Gross 0 (350,000)
Proceeds from sales and maturities of available-for-sale securities 6,319,047 5,230,400
Proceeds from sales and maturities of short-term securities 2,001,533 1,325,143
Proceeds from sales and distributions of other investments 494,365 1,072,467
Proceeds from sales of other assets 26,233 25,308
Payments to Acquire Additional Interest in Subsidiaries (515,275) 0
Purchases of property (1,062,550) (538,466)
Proceeds from Sale of Property, Plant, and Equipment 1,900 3,135
Net cash (used in) provided by investing activities (2,476,630) 1,509,947
Financing Activities    
Repurchases of common stock (584,121) (1,378,131)
Exercises of stock options and SARs 27,100 68,032
Payments of Ordinary Dividends, Noncontrolling Interest (168,057) 0
Excess Tax Benefit from Share-based Compensation, Financing Activities 15,999 935,563
Dividends paid (325,822) (329,569)
Net cash used in financing activities (1,034,901) (704,105)
Net (Decrease) Increase in Cash and Cash Equivalents (4,124,875) 5,592,118
Cash and Cash Equivalents, Beginning of Period 23,626,761 20,810,018
Cash and Cash Equivalents, End of Period 19,501,886 26,402,136
Cash Paid During the Year for:    
Income tax payments, net 2,414,900 2,892,000
Non cash net unrealized gain on investments, net of deferred tax provision of $(745,285) and $(236,859) for 2014 and 2013, respectively $ (1,405,194) $ (440,996)