Atlas Financial Holdings, Inc. AFH Cash Flow

Atlas financial holdings, inc. (AFH)

CashFlow / Quarterly

Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Operating activities:
Net (loss) income
-2,242	-3,113	-839	-96,722	5,605	5,576	5,529	-54,297	5,125	5,510	4,852	-13,561	6,496	4,900	4,811	4,333	4,024	3,936	2,137	9,458	3,493	2,559	2,192	2,178	1,699	1,701	602	1,244	1,657	130	135	-3,025	1,067	193	-705
Adjustments to reconcile net income to net cash flows used in operating activities:
Depreciation and amortization
1,202	1,189	996	839	696	687	678	522	297	280	273	253	267	218	262	282	290	194	200	211	213	215	217	252	198	176	169	-	-	-	-	-	-	-	-
Share-based compensation expense
188	187	310	345	285	286	285	286	285	285	320	388	388	388	448	571	423	392	433	225	301	301	642	63	62	63	59	-	-	-	-	-	-	-	-
Amortization of deferred gain on sale of headquarters building
-	-	-	-	-	-	-	0	0	6	11	11	11	10	11	11	11	10	11	11	11	10	11	11	11	10	11	-	-	-	-	-	-	-	-
Amortization of intangible assets
98	97	98	-	97	98	97	-	97	98	97	-	97	98	97	315	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
0	0	0	12,240	1,663	1,650	1,432	-134	635	665	210	-771	-138	581	780	209	-548	176	-11	-6,050	-1,479	-832	-415	-441	-631	0	0	-	-	-	-	-	-	-	-
Equity Securities, FV-NI, Unrealized Gain (Loss)
-3	-342	68	-101	-2	33	-128	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from change in fair value of equity securities
-3	-342	68	-101	-2	33	-128	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Disposition of Assets
411	600	80	72	54	154	293	-128	582	284	134	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net realized investment gains
-	-	-	-	-	-	-	-	-	-	-	-	-	155	239	-	91	44	137	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net realized gains
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	68	97	-11	-	33	395	93	-	-	-	-	-	-	-	-
Gain in equity of investees
-63	39	576	-1,026	581	193	64	468	-162	298	206	549	507	358	-143	346	440	424	28	230	150	115	137	-15	1	20	-34	-	-	-	-	-	-	-	-
Amortization of bond premiums and discounts
-81	-111	-111	-130	-151	-175	-192	-260	-222	-235	-244	-241	-293	-341	-342	-396	-422	-416	-291	-153	-171	-202	-230	-251	-292	-255	-294	-	-	-	-	-	-	-	-
Amortization of financing costs
56	56	56	56	56	56	56	56	57	235	17	16	17	17	17	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Expenses recovered pursuant to stock purchase agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-402	-	0	0	941	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Subsequent acquisition costs related to Gateway stock purchase agreement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net changes in operating assets and liabilities:
Accrued investment income
-53	-210	-31	-356	-250	-8	114	38	-446	217	211	457	-147	-10	-108	-14	-10	36	1	-8	2	-47	19	-41	69	-129	115	-	-	-	-	-	-	-	-
Premiums receivable, net
-14,400	-20,278	14,691	-12,765	10,305	-10,356	21,748	-12,299	-3,721	-12,161	30,459	-4,429	-5,760	570	4,476	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Premiums receivable and other assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,030	-430	12,110	-1,999	12,511	-5,877	7,191	-838	9,321	-4,083	3,090	-	-	-	-	-	-	-	-
Due from reinsurers and prepaid reinsurance premiums
-8,831	12,884	8,992	18,513	18,054	4,481	2,747	29,066	-3,389	-6,704	-1,238	11,710	-8,360	833	2,257	6,321	486	1,800	-676	5,544	843	-2,595	-867	-4,329	-1,114	-2,549	14,864	-	-	-	-	-	-	-	-
Deferred policy acquisition costs
-2,059	-787	352	-3,085	-3,562	-5,797	4,956	-2,122	-308	-1,531	5,536	517	2,048	-660	1,082	-466	539	-1,039	1,206	-787	1,664	-251	866	-25	2,037	-208	-128	-	-	-	-	-	-	-	-
Other assets
10	1,548	-10,358	-1,413	2,120	474	-2,035	14,472	-2,150	-3,038	-1,437	5,918	10,498	-11,459	1,253	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Claims liabilities
-8,704	-11,819	-9,007	86,515	-188	-17,573	-6,906	97,145	-4,486	-8,982	-11,033	38,685	-12,138	-8,921	-5,633	3,271	-2,718	-3,981	-2,722	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Claims liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-671	-874	-1,206	-	-1,175	-670	-385	-	-	-	-	-	-	-	-
Unearned premium reserves
-31,842	-4,497	14,235	-15,323	4,285	-11,375	28,410	-13,759	-1,469	-8,374	38,474	-4,638	5,372	-6,388	10,623	123	14,486	876	10,791	-3,977	14,051	-2,425	7,069	-547	11,526	-3,764	1,959	-	-	-	-	-	-	-	-
Due to reinsurers
-5,031	-6,900	5,265	-3,304	3,566	5,451	1,725	437	-773	-739	1,117	2,000	-4,559	-2,067	2,214	-284	1,696	2,020	110	-66	462	-505	-48	-290	349	-677	-858	-	-	-	-	-	-	-	-
Other liabilities and accrued expenses
-2,521	335	1,996	-2,617	4,684	-5,715	922	1,931	1,128	-689	868	-290	190	487	-2,298	2,029	979	-1,336	-296	-76	988	1,665	792	-1,240	1,667	-256	360	-	-	-	-	-	-	-	-
Adjustments for non-cash items
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-428	18	297	-	-2,385	635	-54
Changes in other operating assets and liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,246	-2,369	-1,793	-	-1,295	-97	553
Changes in net claims liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	32,362	-6,552	-7,741	-	-10,554	-7,593	-12,975
Net cash flows used in operating activities
-23,727	-17,808	-1,149	-14,845	-6,400	-9,858	4,661	3,050	10,712	11,153	1,557	3,482	-5,363	-143	2,194	3,403	4,484	1,870	-943	455	2,280	8,854	2,127	2,890	3,629	3,372	-15,811	-1,397	-1,469	-8,773	-9,102	-15,629	-10,577	-6,668	-14,287
Investing activities:
Purchase of subsidiary (net of cash acquired)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	10,956	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of:
Purchases of:
Purchase of subsidiary (net of cash acquired)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-43	11,126	-	-	-	-	-	-	-	-
Fixed income securities
4,218	1,682	5,606	8,884	4,068	8,469	21,452	7,161	20,001	13,660	7,707	11,997	9,237	5,557	31,270	16,882	10,898	43,720	7,421	11,984	9,752	5,085	4,850	-	-	-	-	-	-	-	-	-	-	-	-
Equity securities
0	0	0	0	0	1,850	500	3,050	1,750	3,100	0	0	0	0	2,000	2,000	0	590	750	996	973	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other investments
280	0	400	0	208	0	953	1,482	305	1,828	0	752	5,291	3,090	2,271	3,115	3,531	0	686	5,000	0	5,500	2,000	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,101	21,805	25,621	7,387	15,519	14,152	17,662	-	6,915	14,379	8,988
Cash Acquired from Acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Proceeds from sale and maturity of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,366	19,875	26,429	16,632	11,789	18,678	12,353	-	42,148	15,982	12,955
Property and equipment
330	1,157	1,296	1,882	2,668	2,043	3,239	7,381	5,211	1,350	113	9,430	499	141	111	178	96	398	41	338	68	345	416	496	484	118	147	87	241	345	0	213	72	91	20
Proceeds from sale and maturity of:
Proceeds from sale and maturity of:
Fixed income securities
18,618	32,419	16,152	7,672	13,781	18,331	27,330	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fixed income securities
-	-	-	-	-	-	-	-	-	14,529	10,180	-	25,950	12,598	28,003	20,122	15,665	17,248	6,360	12,642	8,187	8,849	5,654	-	-	-	-	-	-	-	-	-	-	-	-
Equity securities
0	5,136	861	85	524	3,000	1,849	564	1,015	3,128	1,454	615	0	0	0	-	-	-	-	0	0	0	12	-	-	-	-	-	-	-	-	-	-	-	-
Other investments
3,035	286	4,069	3,630	203	1,241	2,385	2,681	1,893	481	119	0	1,958	1,472	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term investments
6,820	1,479	821	128	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, equipment and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	10	-	-	-	-	0	0	13,471	-129	-	-	-	-
Net cash flows provided by investing activities
23,645	23,544	14,601	496	2,944	10,210	5,420	1,707	-19,749	-1,800	3,933	-2,102	12,881	5,282	-7,649	-1,942	1,143	-26,061	-13,494	-5,686	-2,606	-2,081	-1,590	-253	-12,219	-2,091	11,787	9,158	-3,971	17,652	-5,438	8,697	35,161	3,495	3,947
Financing activities:
Purchase of treasury stock
0	0	0	0	0	0	3,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from U.S. public offering, net of offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Proceeds from U.S. public offering, net of offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	9,756	-	-	-	-	-	-	-	-
Warrants exercised
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,400	372	409	0	-	-	-	-	-	-	-	-
Proceeds from notes payable, net of issuance costs
-	-	-	-	-	-	-	-	-	-	-	0	1,500	0	500	0	-337	16,000	2,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of notes payable
-	-	-	-	-	-	-	-	-	-	-	0	0	0	100	0	500	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Options exercised
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	-	-	-	-	-	-	-	-	-	-	-	-
Other
0	0	0	0	0	0	-8	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4	73	202	1,874	0	0	0	0	-	-	-	-
Options exercised
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1	1	3	54	3	0	16
Net cash flows provided by (used in) financing activities
0	0	0	0	0	-333	-3,008	685	-18	4,497	0	0	-1,448	0	400	145	-837	16,000	2,000	1	-4	25,024	1	-1,511	-7,983	207	7,882	0	-1	1	3	54	3	0	16
Increase in cash position
-82	5,736	13,452	-	-3,456	19	7,073	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash and Cash Equivalents, Period Increase (Decrease) [Abstract]
Net change in cash and cash equivalents
-	-	-	-	-	-	-	5,442	-9,055	13,850	5,490	1,380	6,070	5,139	-5,055	1,606	4,790	-8,191	-12,437	-5,230	-330	31,797	538	1,126	-16,573	1,488	3,858	7,761	-5,441	8,880	-14,537	-6,878	24,587	-3,173	-10,324
Supplemental disclosure of cash information:
Cash (recovered) paid for income taxes
0	0	-14,349	0	0	22	-1,746	982	-2	-40	-196	2,405	1,257	1,108	2,245	2,412	2,585	3,629	10	1,505	1,103	600	100	-	-	-	-	-	-	-	-	-	-	-	-
Cash (recovered) paid for interest
414	414	414	414	414	414	414	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest expense
-	-	-	-	-	-	-	-	-	269	241	-	292	143	215	206	222	139	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-