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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (1,656) $ (905)
Adjustments to reconcile loss to net cash used in operating activities:    
Acquisition costs deferred, net (1,707) (2,240)
Realized investment gains, net (1,565) (797)
Unrealized gains on equity securities, net (2,096) (753)
Distributions received from equity method investees 379 725
Compensation expense related to share awards 191 192
Depreciation and amortization 588 783
Deferred income tax benefit (596) (1,335)
Increase in receivables, net (7,917) (7,882)
Increase in insurance reserves and policyholder funds 9,276 14,230
Increase (decrease) in other liabilities 3,271 (6,760)
Other, net (5,738) (377)
Net cash used in operating activities (7,570) (5,119)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from investments sold 119,929 28,177
Proceeds from investments matured, called or redeemed 5,907 4,577
Investments purchased (94,316) (40,827)
Additions to property and equipment (44) (252)
Net cash provided by (used in) investing activities 31,476 (8,325)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payment of dividends on common stock (403) (407)
Proceeds from shares issued under stock plans 23 28
Treasury stock acquired - share repurchase authorization (71) (463)
Treasury stock acquired - net employee share-based compensation (72) (223)
Net cash used in financing activities (523) (1,065)
Net increase (decrease) in cash and cash equivalents 23,383 (14,509)
Cash and cash equivalents at beginning of period 12,630 24,547
Cash and cash equivalents at end of period 36,013 10,038
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest 1,644 1,471
Cash paid for income taxes $ 1,625 $ 1,892