Pico holdings inc /new (PICO)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Dec'09
Assets
Cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

56,462

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and cash equivalents

11,623

18,169

11,547

9,684

17,176

12,550

20,829

30,606

29,854

37,128

25,000

36,721

52,827

19,611

37,953

45,087

39,952

-

40,154

44,340

47,971

62,677

56,149

61,126

92,408

138,039

157,675

67,440

62,368

100,115

85,209

60,731

110,398

99,549

94,374

101,810

109,443

114,759

111,328

113,349

154,545

Fixed maturities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,706

10,617

29,284

-

39,436

36,727

42,949

41,010

42,094

51,483

50,575

Equity securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

41,640

29,816

47,504

-

48,856

66,791

77,959

110,410

117,188

114,629

118,327

Total available-for-sale investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

53,346

40,433

76,788

-

88,292

103,518

120,908

151,420

159,282

166,112

168,902

Other investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,060

2,060

2,060

-

2,060

3,636

5,778

7,228

8,531

-

8,884

Investment in unconsolidated affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,412

-

Investments ($1,902 measured at fair value at December 31, 2017)

-

-

-

-

-

-

0

3,066

3,225

3,214

132,571

4,665

24,166

26,383

28,352

27,294

26,424

26,072

26,431

29,251

50,973

55,671

65,806

75,797

77,696

78,657

76,627

48,732

50,450

50,524

55,406

42,493

78,848

45,166

90,352

107,154

126,686

158,648

167,813

173,524

177,786

Notes and other receivables, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,716

15,297

-

14,715

12,275

6,353

6,669

-

-

-

9,251

-

-

-

Notes and other receivables, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,924

8,795

8,888

-

10,065

11,759

15,412

Reinsurance receivables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,372

-

13,446

13,648

14,213

14,551

14,080

14,282

15,013

Real estate and tangible water assets, net

39,392

39,398

42,428

42,598

42,606

44,298

44,304

44,311

44,496

44,675

45,166

45,162

45,170

57,691

439,401

437,382

434,619

424,235

447,180

413,310

397,718

386,350

337,207

315,876

289,529

254,208

246,255

347,682

361,178

212,280

353,294

353,662

338,526

333,840

352,861

369,837

371,267

355,570

345,478

335,283

299,833

Property, plant and equipment, net of $5,487 and $4,742 of accumulated depreciation at September 30, 2015, and December 31, 2014, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,715

4,130

118,802

-

122,968

124,045

123,439

123,444

126,453

124,907

127,896

128,654

129,549

128,816

122,815

108,842

74,129

45,247

21,156

12,590

2,146

1,677

1,328

Intangible assets

122,337

122,343

122,816

123,517

121,027

121,917

122,798

122,790

126,746

126,785

126,907

126,753

126,759

126,796

126,919

127,204

127,228

126,533

126,835

127,927

128,139

126,612

128,575

125,648

124,904

124,880

124,305

-

-

130,058

-

-

-

-

-

-

-

-

-

-

-

Right of use assets, net

76

166

256

345

433

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,054

6,776

-

-

-

-

-

-

-

-

Net deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

25,950

22,884

20,039

15,711

14,166

11,165

Federal, foreign and state income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

971

-

10,769

11,549

8,879

Other assets

1,109

1,013

761

957

1,304

1,446

1,181

2,322

2,576

2,600

2,292

2,357

3,794

4,624

16,996

18,848

19,234

19,990

16,483

15,835

38,916

20,580

60,174

57,219

43,714

43,324

44,830

55,308

58,703

45,543

25,162

22,383

17,876

16,951

13,559

11,302

6,867

7,094

3,259

3,512

3,656

Assets held-for-sale

-

-

-

-

-

-

-

-

-

-

0

432,894

435,567

440,689

10,900

6,525

6,577

8,793

14,028

125,052

-

152,554

-

-

-

-

-

-

-

-

38,659

69,318

-

77,048

-

-

-

-

-

-

-

Total assets

174,537

181,089

177,808

177,101

182,546

180,211

189,112

203,095

206,897

214,402

331,936

648,552

688,283

675,794

660,521

662,340

654,034

662,085

675,826

759,845

782,519

804,444

770,879

759,711

751,690

762,552

776,145

662,785

675,892

667,174

701,994

696,732

696,964

688,065

648,645

683,743

682,375

692,502

680,649

679,101

687,617

Liabilities and equity
Lease liabilities

76

166

256

345

433

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

47,279

-

42,637

41,788

41,221

Deferred compensation

-

-

-

-

-

-

0

4,196

4,149

4,112

4,066

4,050

27,240

27,322

26,744

26,543

25,683

25,493

25,461

25,371

24,954

24,584

24,215

24,974

24,559

24,160

23,802

23,213

22,964

22,607

38,800

37,957

38,086

36,315

35,794

36,712

35,801

37,879

36,360

32,795

31,144

Other liabilities

1,078

2,359

1,705

1,491

2,818

3,448

4,392

2,555

2,409

2,431

2,266

2,122

12,966

12,322

13,193

14,327

12,185

11,556

11,804

12,239

16,355

13,685

54,033

46,082

40,969

-

26,270

33,260

30,215

-

16,940

21,406

20,241

-

12,908

11,199

11,559

15,340

10,534

11,632

11,382

Reserves for unpaid losses and loss adjustment expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,101

-

21,385

21,986

22,279

22,816

22,480

22,920

24,175

Debt, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

157,785

162,685

158,584

155,966

170,150

159,457

223,328

135,451

147,895

134,017

135,536

136,767

153,322

150,447

158,810

141,008

139,956

122,827

110,066

93,431

63,059

50,203

-

45,743

-

-

-

Accounts payable and accrued expenses

93

309

295

80

305

139

218

370

883

696

1,644

505

1,063

1,015

36,553

32,438

29,634

34,458

35,991

27,362

25,094

24,591

-

-

-

36,780

-

-

-

25,063

-

-

-

20,833

-

-

-

-

-

-

-

Liabilities held-for-sale

-

-

-

-

-

-

-

-

-

-

0

210,352

213,697

207,566

903

276

276

608

1,058

92,043

-

94,588

-

-

-

-

-

-

-

-

23,170

24,656

-

27,824

-

-

-

-

-

-

-

Total liabilities

1,247

2,834

2,256

1,916

3,556

3,587

4,610

7,121

7,441

7,239

7,976

217,029

254,966

248,225

235,178

236,269

226,362

228,081

244,464

316,472

289,731

292,899

226,143

205,073

201,064

197,707

203,394

206,920

211,989

188,678

218,903

206,846

191,494

178,403

133,146

120,100

116,918

121,778

112,011

109,135

107,922

Commitments and contingencies

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

-

-

-

Preferred stock, $0.001 par value; authorized 10,000 shares, none issued

-

-

-

-

-

-

0

0

0

-

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock, $0.001 par value; authorized 100,000 shares, 19,430 issued and 19,385 outstanding at March 31, 2020, and 20,067 issued and 19,783 outstanding at December 31, 2019

19

20

20

20

20

21

22

22

23

23

23

23

23

23

23

23

23

23

23

23

23

23

26

26

26

26

26

26

26

26

26

26

26

27

27

27

27

27

27

27

27

Additional paid-in capital

339,444

345,234

344,193

345,190

347,944

353,250

362,651

366,744

375,736

379,388

495,207

494,830

495,311

495,468

493,744

493,438

494,637

494,207

493,830

493,344

492,495

491,662

549,780

548,767

547,579

546,307

544,970

528,767

527,537

526,591

525,645

529,291

528,372

546,608

545,470

544,331

543,202

542,072

540,523

541,524

539,792

Accumulated deficit

-165,821

-164,010

-168,591

-169,970

-168,852

-175,536

-175,436

-170,767

-175,069

-172,767

-171,652

-167,012

-168,588

-173,231

-164,466

-161,565

-158,167

-151,366

-150,195

-136,103

-86,333

-69,508

-38,428

-28,492

-30,330

-17,083

-9,303

-17,470

-9,760

5,215

8,695

13,959

29,392

34,288

38,889

88,810

86,725

88,830

92,122

93,440

100,002

Accumulated Other Comprehensive Income (Loss), Net of Tax

-

-

-

-

-

-

0

0

0

544

407

787

6,087

6,661

6,502

5,517

5,010

4,961

4,927

4,963

4,675

4,717

140

660

759

232

285

-514

-1,026

-2,014

-1,308

41

592

-959

825

7,369

11,855

15,327

19,371

17,737

21,094

Treasury stock, at cost (common shares: 45 at March 31, 2020 and 284 at December 31, 2019)

352

2,989

70

55

122

1,111

2,735

25

1,234

25

25

25

927

927

927

1,413

1,413

1,413

1,413

1,413

1,413

1,413

56,370

56,482

56,593

56,593

56,593

56,593

56,593

56,593

55,948

60,540

60,540

78,152

78,152

78,152

78,152

78,152

78,152

78,272

78,272

Noncontrolling interest in subsidiaries

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,800

-

-5,253

-4,490

-2,948

Total shareholders’ equity

173,290

178,255

175,552

175,185

178,990

176,624

-

-

-

207,163

323,960

328,603

331,906

327,994

334,876

336,000

340,090

346,412

347,172

360,814

409,447

425,481

455,148

464,479

461,441

472,889

479,385

454,216

460,184

473,225

477,110

482,777

497,842

501,812

507,059

562,385

565,457

568,104

568,638

569,966

579,695

Noncontrolling interest in subsidiaries

-

-

-

-

-

-

-

-

-

-

0

102,920

101,411

99,575

90,467

90,071

87,582

87,592

84,190

82,559

83,341

86,064

89,588

90,159

89,185

91,956

93,366

1,649

3,719

5,271

5,981

7,109

7,628

7,850

8,440

1,258

-

2,620

-

-

-

Total shareholders equity

-

-

-

-

-

-

184,502

195,974

199,456

-

323,960

431,523

433,317

427,569

425,343

426,071

427,672

434,004

431,362

443,373

492,788

511,545

544,736

554,638

550,626

564,845

572,751

455,865

463,903

478,496

483,091

489,886

505,470

509,662

515,499

563,643

563,657

570,724

573,891

574,456

582,643

Total liabilities and shareholders’ equity

174,537

181,089

177,808

177,101

182,546

180,211

189,112

203,095

206,897

214,402

331,936

648,552

688,283

675,794

660,521

662,340

654,034

662,085

675,826

759,845

782,519

804,444

770,879

759,711

751,690

762,552

776,145

662,785

675,892

667,174

701,994

696,732

696,964

688,065

648,645

683,743

682,375

692,502

680,649

679,101

687,617