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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash flows from operating activities:    
Net income (loss) $ 5,501us-gaap_NetIncomeLoss $ (3,380)us-gaap_NetIncomeLoss
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Amortization of premium or discount on fixed maturity securities 179us-gaap_AmortizationOfDebtDiscountPremium 529us-gaap_AmortizationOfDebtDiscountPremium
Net realized (gain) loss on sale of investments (186)us-gaap_GainLossOnSaleOfInvestments (27)us-gaap_GainLossOnSaleOfInvestments
Unrealized (gain) loss on trading securities 76us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss (66)us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss
Unrealized (gain) loss on derivative liability - embedded conversion feature (7,260)us-gaap_UnrealizedGainLossOnDerivatives  
Equity-based compensation expense 384us-gaap_ShareBasedCompensation 129us-gaap_ShareBasedCompensation
Changes in assets and liabilities:    
Accrued investment income 105us-gaap_IncreaseDecreaseInAccruedInvestmentIncomeReceivable 10us-gaap_IncreaseDecreaseInAccruedInvestmentIncomeReceivable
Other assets (193)us-gaap_IncreaseDecreaseInOtherOperatingAssets 391us-gaap_IncreaseDecreaseInOtherOperatingAssets
Change in cash equivalents held in trust 2,284wmih_IncreaseDecreaseInCashHeldInTrust (4,798)wmih_IncreaseDecreaseInCashHeldInTrust
Change in restricted cash (597,141)us-gaap_IncreaseDecreaseInRestrictedCash 9us-gaap_IncreaseDecreaseInRestrictedCash
Losses and loss adjustment reserves (10,660)wmih_IncreaseDecreaseInLossesAndLossAdjustmentReserves (9,477)wmih_IncreaseDecreaseInLossesAndLossAdjustmentReserves
Losses payable (285)wmih_IncreaseDecreaseInLossesPayable (1,091)wmih_IncreaseDecreaseInLossesPayable
Unearned premiums (160)us-gaap_IncreaseDecreaseInUnearnedPremiums (127)us-gaap_IncreaseDecreaseInUnearnedPremiums
Accrued ceding commission expense (5)wmih_IncreaseDecreaseInAccruedCedingCommissionExpense (52)wmih_IncreaseDecreaseInAccruedCedingCommissionExpense
Accrued interest on notes payable (15)wmih_IncreaseDecreaseInAccruedInterestOnNotesPayable 21wmih_IncreaseDecreaseInAccruedInterestOnNotesPayable
Other liabilities 715us-gaap_IncreaseDecreaseInOtherOperatingLiabilities (698)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Total adjustments (612,162)us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities (15,247)us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
Net cash (used in) provided by operating activities: (606,661)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (18,627)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities:    
Purchase of investments (100,472)us-gaap_PaymentsToAcquireInvestments (249,770)us-gaap_PaymentsToAcquireInvestments
Proceeds from sales and maturities of investments 41,045us-gaap_ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldforinvestment 251,655us-gaap_ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldforinvestment
Net cash (used in) provided by investing activities: (59,427)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations 1,885us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flows from financing activities:    
Proceeds from issuance of preferred stock and warrants to purchase common stock 600,000us-gaap_ProceedsFromIssuanceOfPreferredStockPreferenceStockAndWarrants 22,572us-gaap_ProceedsFromIssuanceOfPreferredStockPreferenceStockAndWarrants
Fees incurred and paid relating to preferred stock and warrant issuance (4,276)us-gaap_PaymentsOfStockIssuanceCosts (3,234)us-gaap_PaymentsOfStockIssuanceCosts
Series B preferred stock dividends paid in cash (3,498)us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock  
Deferred offering costs   (12,048)wmih_IncreaseDecreaseInDeferredCosts
Notes payable – principal repayments (2,300)us-gaap_RepaymentsOfNotesPayable  
Notes payable – principal issued 918us-gaap_ProceedsFromNotesPayable 1,929us-gaap_ProceedsFromNotesPayable
Net cash provided by (used in) financing activities: 590,844us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 9,219us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
(Decrease) increase in cash and cash equivalents (75,244)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (7,523)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of period 78,009us-gaap_CashAndCashEquivalentsAtCarryingValue 78,009us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of period 2,765us-gaap_CashAndCashEquivalentsAtCarryingValue  
Cash paid during the period:    
Interest 51us-gaap_InterestPaid 1,500us-gaap_InterestPaid
Supplementary disclosure of non-cash investing and financing activities:    
Embedded derivatives on preferred stock issuances 66,227wmih_EmbeddedDerivativesOnPreferredStockIssuances  
Notes payable issued in lieu of cash interest payments 918us-gaap_NotesIssued1 1,929us-gaap_NotesIssued1
Non-cash preferred series B dividends accreted 750wmih_AccretedDividend  
Accrued fees relating to series B preferred stock issuance 27,284wmih_AccruedFeesRelatingToStockIssuance  
Preferred deemed dividend recorded due to beneficial conversion feature   $ 9,455wmih_NoncashPreferredDeemedDividendRecordedOnBeneficialConversionFeature