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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:      
Net income (loss) $ 8,245 $ 3,848 $ (10,833)
Adjustments to reconcile net income (loss) to cash provided by operating activities:      
Depreciation and amortization expense 4,300 4,421 5,064
Deferred federal income taxes (257) (2,851) (2,895)
Net realized gains (10,540) (1,943) (3,633)
Share-based payments expense 352 380 709
Change in ceded unearned premiums (22,577) (2,941) 6,034
Change in premiums receivable (4,474) (13,170) (3,842)
Change in accounts receivable 728 836 2,347
Change in deferred policy acquisition costs 2,325 (2,357) (1,621)
Change in unpaid losses and loss adjustment expenses 69,224 16,471 33,088
Change in unearned premiums 22,801 16,398 4,801
Change in reinsurance recoverable (24,848) (9,236) 227
Change in reinsurance balances payable 13,268 4,191 (246)
Change in current federal income tax (recoverable) payable (799) 8,256 (2,470)
Change in all other liabilities (6,551) 5,396 (5,707)
Change in all other assets 17,141 5,983 3,587
Net cash provided by operating activities 68,338 33,682 24,610
Cash flows from investing activities:      
Purchases of property and equipment, net (673) (107) (1,586)
Acquisitions of subsidiaries, net of cash received     (13,334)
Net transfers (into) from restricted cash (3,483) 665 (4,095)
Purchases of investment securities (222,399) (167,626) (265,684)
Maturities, sales and redemptions of investment securities 214,738 148,968 280,918
Net cash used in investing activities (11,817) (18,100) (3,781)
Cash flows from financing activities:      
Activity under revolving credit facility, net   (2,577) 1,250
Repayment of notes payable of acquired subsidiary     (1,660)
Redemption of non-controlling interest   (1,700)  
Distribution to non-controlling interest   (281) (165)
Payment of contingent consideration   (350)  
Proceeds from exercise of employee stock options     99
Purchase of treasury shares     (6,401)
Net cash used in financing activities   (4,908) (6,877)
Increase in cash and cash equivalents 56,521 10,674 13,952
Cash and cash equivalents at beginning of year 85,145 74,471 60,519
Cash and cash equivalents at end of year 141,666 85,145 74,471
Supplemental cash flow information:      
Interest paid (4,599) (4,656) (4,620)
Income taxes (paid) recovered (3,891) 5,879 3,589
Supplemental schedule of non-cash activities:      
Change in receivable for securities related to investment disposals that settled after the balance sheet date (1,317) 2,614 (402)
Change in payable for securities related to investment purchases that settled after the balance sheet date $ 206 $ (203) $ (2,290)