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Consolidated Statements of Cash Flows - Successor [Member] - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income (loss) attributable to common shareholders $ (328,715) $ 74,843 $ 493,403
Net (loss) gain 0 526 709
Net income (loss) (328,715) 74,317 492,694
Adjustments to reconcile net income to net cash used in operating activities:      
Depreciation and amortization 992 1,220 3,215
Goodwill, Impairment Loss 0 0 514,511
Amortization of bond premium and discount (182,997) (150,061) (129,584)
Share-based compensation 4,293 5,253 3,104
Deferred income taxes 31,939 (485) 126
Current income taxes (26,272) 9,727 134
Unearned premiums, net (168,208) (289,140) (372,907)
Losses and loss expenses, net 399,982 853,978 (799,399)
Ceded premiums payable (4,653) (10,965) (6,942)
Investment income due and accrued 9,425 (750) (280)
Premium receivables 76,900 172,331 174,918
Accrued interest payable 49,969 66,439 51,397
Amortization of insurance intangible assets 150,854 174,608 169,557
Net mark-to-market (gains) losses (14,783) (19,194) (38,916)
Net realized investment gains (5,366) (39,284) (53,476)
Other-than-temporary impairment charges 20,171 21,819 25,659
Net realized gains (losses) on extinguishment of debt (4,920) (4,845) (81)
Other, net 21,538 (27,896) 80,296
Net cash provided by (used in) operating activities (212,768) 843,540 91,809
Cash flows from investing activities:      
Proceeds from sales of bonds 2,138,936 867,882 996,427
Proceeds from matured bonds 813,990 1,317,215 1,029,026
Purchases of bonds (2,053,693) (2,574,285) (2,374,441)
Proceeds from sales of other invested assets 349,799 131,703 178,474
Purchases of other invested assets (299,424) (281,570) (128,186)
Change in short-term investments (126,891) (206,002) 134,423
Loans, net (6,198) 1,046 508
Change in cash collateral receivable 122,844 27,372 (6,833)
Other, net (10,594) 1,996 (5,143)
Net cash provided by (used in) investing activities 928,769 (714,643) (175,745)
Cash flows from financing activities:      
Proceeds Received from a Secured Borrowing 0 0 (143,430)
Paydown Of Variable Interest Entity Secured Borrowing 28,992 29,482 13,533
Payments From Drawdowns Of Borrowings Under Guaranteed Investment Agreements 82,358 17,964 63,872
Payments for extinguishment of long-term debt (69,499) (19,550) (13,752)
Payments Related to Tax Withholding for Share-based Compensation (1,268) 0 0
Proceeds from Warrant Exercises 0 2 3
Payments for Repurchase of Warrants 0 (2,717) (5,375)
Net Cash Provided by (Used in) Financing Activities (182,117) (69,711) 46,901
Effect of Exchange Rate on Cash and Cash Equivalents (1,206) (3,905) (1,124)
Cash and Cash Equivalents, Period Increase (Decrease) 532,678 55,281 (38,159)
Cash and cash equivalents at beginning of period 91,025 35,744 73,903
Cash and cash equivalents end of period 623,703 91,025 35,744
Supplemental disclosure of cash flow information      
Income Taxes Paid 40,334 21,437 16,969
Cash payments related to reorganization items:      
Variable interest entity activities (19,670) 14,093 (31,569)
Increase (Decrease) in Derivative Assets and Liabilities (223,247) (7,625) 9,352
Ambac Financial Group, Inc Parent Company Only [Member]      
Cash flows from operating activities:      
Net income (loss) (328,715) 74,843 493,403
Adjustments to reconcile net income to net cash used in operating activities:      
Amortization of bond premium and discount (16,724) (7,208) (4,690)
Share-based compensation 4,293 5,253 3,105
Current income taxes (854) 42,126 (71,069)
Investment income due and accrued (57) (149) (69)
Net realized investment gains 6,575 7 27
Other, net (9,960) 5,814 549
Net cash provided by (used in) operating activities 15,780 77,228 532
Cash flows from investing activities:      
Proceeds from matured bonds 186,747 269,459 347,539
Purchases of bonds (195,853) (279,582) (312,419)
Change in short-term investments (2,961) (18,491) (25,143)
Net cash provided by (used in) investing activities (44,082) (42,287) 4,724
Cash flows from financing activities:      
Proceeds from Warrant Exercises 0 2 3
Payments for Repurchase of Warrants 0 2,717 5,375
Net Cash Provided by (Used in) Financing Activities 0 (2,715) (5,372)
Cash and Cash Equivalents, Period Increase (Decrease) (28,302) 32,226 (116)
Cash and cash equivalents at beginning of period 32,251 25 141
Cash and cash equivalents end of period 3,949 32,251 25
Supplemental disclosure of cash flow information      
Income Taxes Paid $ 784 $ 635 $ 394