1347 Property Insurance Holdings, Inc. PIHPP Cash Flow

1347 property insurance holdings, inc. (PIHPP)

CashFlow / TTM

Mar'20	Dec'19	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
Cash provided by (used in):
Operating activities:
Net income (loss)
-8,084	311	-7,137	-5,716	-1,049	804	1,362	1,213	1,999	294	496	953	1,372	11	-1,002	701	-764	-1,673	-1,557	-822	-81	3,646	3,639	3,060	1,921	-748	0	0	0
Net income from discontinued operations, net of income taxes
-	-2,072	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to reconcile net income to net cash provided by operating activities:
Net unrealized holding loss on equity investments
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of Preferred Shares, Performance Shares, and Warrants pursuant to MSA termination transaction
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,321	0	0	0	-	-	-	-	-	-	-	-
Accretion of discount on Series B Preferred Shares
-	-	-	-	-	33	129	222	313	372	368	364	359	355	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss on repurchase of Series B Preferred Shares and Performance Shares
-	-	-	-	-	-	-	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net deferred income taxes
-281	371	-78	-85	146	-26	828	226	134	404	-187	88	265	87	-191	263	78	-243	-134	-215	-131	309	508	510	157	-412	0	0	0
Stock compensation expense
414	414	263	305	345	337	248	153	68	31	27	31	35	38	45	45	51	47	0	0	0	-	-	-	-	-	-	-	-
Depreciation expense
-	-	-	-	-	-	-	-	79	73	73	74	70	67	63	58	55	53	0	0	0	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Accrued interest on surplus notes due from affiliate
-	-244	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss and loss adjustment expense reserves
-	-	-	-	-	-	-	-	3,641	6,517	13,464	3,699	1,857	4,848	6,676	4,171	4,826	912	1,289	1,280	725	857	0	0	0	-	-	-	-
Premiums collected in advance
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Premiums collected in advance
-	-	-	-	-	-	-	-	-	-	198	123	151	258	371	495	511	310	409	577	536	347	639	761	624	213	0	0	0
Due to related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-145	-194	-238	-836	-2,524	-1,809	-301	-121	2,261	0	0	0
Unearned premium reserves
-	-	-	-	-	-	-	-	12,259	13,702	5,826	4,989	3,220	2,379	4,143	4,727	4,793	5,739	6,299	5,804	5,478	6,699	14,463	12,883	9,498	8,873	0	0	0
Ceded reinsurance premiums payable
-	-	-	-	-	-	-	-	1,012	303	170	604	1,769	1,946	2,212	2,258	509	724	3,404	864	2,592	2,509	-1	1,589	48	-25	0	0	0
Other assets
0	-	-	-	0	-	-	-	-1,872	-2,438	-2,838	-1,444	-616	-293	217	-77	478	-40	-372	-786	-1,007	-893	-778	-1,071	-932	-693	0	0	0
Accounts payable and other liabilities
-290	331	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred policy acquisition costs, net
-	-	-	-	-	-	-	-	2,340	2,396	1,823	1,406	749	359	601	722	748	939	882	807	887	1,166	1,796	2,006	1,717	1,579	0	0	0
Interest expense on beneficial conversion of preferred shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Premiums receivable, net
-	-	-	-	-	-	-	-	-84	7,908	118	52	120	528	-82	23	392	309	477	535	-161	-1,719	867	1,276	1,690	1,713	0	0	0
Ceded unearned premiums
-	-	-	-	-	-	-	-	-1,768	-1,192	-615	173	2,348	2,042	1,871	1,471	1,311	1,244	972	802	1,192	435	5,773	2,328	-76	1,064	0	0	0
Loss and loss adjustment expense reserves
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-344	0	0	0
Reinsurance recoverable on paid losses and loss reserves
-	-	-	-	-	-	-	-	4,964	6,826	17,341	4,291	2,277	3,976	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Amounts held on deposit with reinsured companies
-	-	-	-	-	-	-	-	1,171	1,750	0	0	0	-225	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Current income taxes recoverable
-2,662	-2,197	1,738	817	-714	-107	-274	-804	1,121	1,131	939	959	994	-230	-417	102	-1,046	-1,227	-1,441	-1,570	-1,159	262	190	365	442	-97	0	0	0
Amounts due to affiliates
-	-2,698	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided (used) by operating activities - continuing operations
-5,823	-5,271	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities - discontinued operations
-	-15,367	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided (used) by operating activities
-22,853	-20,638	-2,933	8,629	15,659	24,794	25,191	16,005	17,317	7,527	5,545	7,406	5,214	3,372	2,272	5,382	3,643	5,417	9,375	7,481	9,342	12,905	10,530	14,273	9,789	6,756	0	0	0
Investing activities:
Net purchases of furniture and equipment
-	-	-	-	-	-	-	-	82	28	20	18	51	83	120	121	90	48	0	0	0	-	-	-	-	-	-	-	-
Net cash provided (used) by investing activities - discontinued operations
-	2,694	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of fixed income securities
-	-	-	-	-	-	-	-	35,677	30,088	25,275	21,354	16,736	10,811	9,578	9,065	8,455	9,817	0	0	0	-	-	-	-	-	-	-	-
Proceeds from the sale of fixed income securities
-	-	-	-	-	-	-	-	5,202	5,378	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of equity investments
-	-	-	-	-	-	-	-	2,662	2,562	1,662	1,162	0	1,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the sale of equity securities
-	-	-	-	-	-	-	-	1,448	980	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from the sales of short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Acquisition of entity, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	305	0	0	0	-	-	-	-	-	-	-	-
Purchases of other investments
-	-	-	-	-	-	-	-	222	440	559	559	508	258	139	228	139	248	0	0	0	-	-	-	-	-	-	-	-
Purchase of fixed income securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,273	5,807	3,440	302	0	0	0
Net sales (purchases) of short-term investments
-	-	-	-	-	-	-	-	-377	221	0	0	0	-	1,213	-323	962	-1,050	516	409	-103	2,098	0	0	0	-	-	-	-
Net cash used by investing activities
-	19,684	10,917	-5,021	-23,853	-29,247	-32,986	-33,166	-31,616	-26,981	-18,603	-16,924	-11,398	-6,849	-12,050	-10,091	-10,646	-9,368	-12,206	-11,506	-10,199	-12,534	-7,423	-4,082	-1,715	1,526	0	0	0
Financing activities:
Net proceeds from the issuance of Series A Preferred Stock
-	-	-	-	-	16,493	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	2,000	0	0	0	-	0	0	0
Repurchase of Series B Preferred Shares and Performance Shares
-	-	-	-	-	-	-	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of dividends on preferred shares
1,400	1,400	1,400	1,400	1,458	1,348	998	648	240	240	240	240	240	240	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used by financing activities - continuing operations
-1,400	-1,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used by financing activities - discontinued operations
-	-39	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments under financing lease obligations
-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of treasury stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used by financing activities
-1,429	-1,439	-1,442	-1,440	-1,501	11,780	12,140	12,723	13,145	-16	-189	-914	-1,249	-1,435	0	0	0	-	-	-	-	38,261	38,262	38,369	3,200	1,200	0	0	0
Net decrease in cash and cash equivalents
1,376	-2,393	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-1,154	-19,470	-13,247	-10,432	-7,433	-4,912	-11,536	-6,968	-9,160	-5,682	-4,067	-4,366	35,404	38,632	41,369	48,560	11,274	9,482	0	0	0
Supplemental disclosure of cash flow information:
Non-cash financing activities:
Obligation for the acquisition of vehicles under financing leases
-	-	-	-	-	-	-	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	735	-	1,750	1,798	1,812	1,512	0	0	0	-	-	-	-
Issuance of common shares upon conversion of preferred shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,000	0	0	0	-	-	-	-