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Consolidated Statements Of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating Activities    
Net income $ 10,140,203 $ 6,334,508
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 690,447 701,215
Amortization of investments, net 387,172 408,010
Amortization related to postretirement benefits obligation 4,306 4,470
Amortization of other intangible assets, net 467,175 0
Share-based compensation expense related to stock appreciation rights 94,667 67,401
Excess tax benefits related to exercise of stock appreciation rights 142,280 32,292
Net (gain) loss on disposals of property (12,767) 9,314
Net realized gain on investments (186,180) (135,002)
Net earnings from other investments (784,290) (463,829)
Provision for claims 860,224 663,871
Provision for deferred income taxes 1,155,000 2,638,000
Changes in assets and liabilities:    
(Increase) decrease in receivables (1,047,345) 364,744
Decrease in other assets 89,905 4,826,648
Increase in current income taxes recoverable (1,088,787) (1,767,406)
Decrease in accounts payable and accrued liabilities (1,823,494) (6,649,591)
Decrease in current income taxes payable (1,374,712) (210,355)
Payments of claims, net of recoveries (2,024,224) (1,246,871)
Net cash provided by operating activities 5,689,580 5,577,419
Investing Activities    
Purchases of available-for-sale securities (1,414,330) (11,310,308)
Purchases of short-term investments (15,218,134) (361,749)
Purchases of other investments (987,250) (922,855)
Payments to Acquire Additional Interest in Subsidiaries 0 (9,143)
Proceeds from sales and maturities of available-for-sale securities 10,589,982 6,163,762
Proceeds from sales and maturities of short-term investments 3,931,018 4,561,853
Proceeds from sales and distributions of other investments 1,525,461 2,259,687
Proceeds from sales of other assets 13,230 10,649
Purchases of property (1,964,281) (1,419,392)
Proceeds from the sale of property 21,700 30,655
Net cash used in investing activities (3,502,604) (996,841)
Financing Activities    
Repurchases of common stock (8,986) (3,134,126)
Exercise of stock appreciation rights (737) (200)
Dividends paid (1,037,619) (616,677)
Net cash used in financing activities (1,047,342) (3,751,003)
Net Increase in Cash and Cash Equivalents 1,139,634 829,575
Cash and Cash Equivalents, Beginning of Period 27,928,472 21,790,068
Cash and Cash Equivalents, End of Period 29,068,106 22,619,643
Cash Paid During the Year for:    
Income tax payments, net 5,833,800 2,099,000
Non cash net unrealized gain on investments, net of deferred tax provision of $(985,156) and $(1,429,681) for June 30, 2017 and 2016, respectively $ (1,903,984) $ (2,733,579)