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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating Activities    
Net income $ 8,464 $ 33,605
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 1,109 880
Amortization of investments, net 310 535
Amortization of other intangible assets, net 653 273
Share-based compensation expense related to stock appreciation rights 180 138
Net gain on disposals of property (36) (3,991)
Net realized investment gains (3,785) (503)
Net change in estimated fair value of equity security investments 18,087 (8,068)
Net earnings from other investments (1,918) (1,522)
Provision for claims 1,486 3,027
(Benefit) provision for deferred income taxes (3,708) 3,013
Changes in assets and liabilities:    
Increase in premium and fees receivable (2,424) (1,961)
Increase in other assets (1,171) (4,883)
(Increase) decrease in operating lease right-of-use assets (1,359) 150
Increase (Decrease) in income taxes receivable (390) (804)
Decrease in accounts payable and accrued liabilities (3,613) (1,296)
Increase (decrease) in operating lease liabilities 1,375 (159)
Decrease in current income taxes payable (3,329) (638)
Payments of claims, net of recoveries (1,637) (1,308)
Net cash provided by operating activities 8,294 16,488
Investing Activities    
Purchases of fixed maturities (350) 0
Purchases of equity securities (1,146) (1,468)
Purchases of short-term investments (47,890) (31,612)
Purchases of other investments (939) (414)
Purchases of subsidiary, net of cash (4,927) 0
Proceeds from sales and maturities of fixed maturity securities 14,496 27,562
Proceeds from sales of equity securities 9,378 5,013
Proceeds from sales and maturities of short-term investments 22,509 2,338
Proceeds from sales and distributions of other investments 3,054 2,397
Proceeds from sales of other assets 0 1
Purchases of property (2,452) (6,060)
Proceeds from the sale of property 37 5,321
Net cash (used in) provided by investing activities (8,230) 3,078
Financing Activities    
Exercise of stock appreciation rights (1) (1)
Dividends paid (1,745) (1,705)
Net cash used in financing activities (1,746) (1,706)
Net (Decrease) Increase in Cash and Cash Equivalents (1,682) 17,860
Cash and Cash Equivalents, Beginning of Period 37,168 13,723
Cash and Cash Equivalents, End of Period 35,486 31,583
Cash Paid During the Year for:    
Income tax payments, net 9,709 7,423
Non-cash net unrealized loss on investments, net of deferred tax benefit of $835 and $140 for June 30, 2022 and 2021, respectively 2,973 521
Adjustments to postretirement benefits obligation, net of deferred tax expense of $(44) and $0 for June 30, 2022 and 2021, respectively (167) 0
Goodwill and other intangibles acquired (3,028) 0
Title plant acquired (500) 0
Prepaid and other assets acquired (77) 0
Fixed assets acquired $ (1,322) $ 0