| Apr'19 | Apr'18 | Apr'17 | Apr'16 | Apr'15 | Apr'14 | Apr'13 | Apr'12 | Apr'11 | Apr'10 |
|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||
Net income | |||||||||
11,150 | 14,738 | 10,367 | 7,291 | 7,292 | 6,768 | 6,619 | 6,925 | 37,782 | -23,188 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||
Depreciation and amortization | |||||||||
367 | 1,125 | 4,623 | 3,817 | 2,715 | 2,085 | 1,552 | 724 | 593 | 726 |
Amortization of bond premium | |||||||||
- | - | - | - | - | - | - | - | 13 | 1,042 |
Gain on deconsolidation of subsidiaries | |||||||||
- | - | - | - | - | - | - | - | 50,510 | - |
Post-employment non-cash compensation | |||||||||
- | - | - | - | - | - | - | - | 1,770 | - |
Non-voting revenues interest in EAM Trust | |||||||||
8,260 | 8,040 | 7,195 | 7,211 | 7,346 | 6,767 | 5,781 | 5,684 | 2,187 | - |
Non-voting profits interest in EAM Trust | |||||||||
1,049 | 746 | 519 | 440 | 624 | 732 | 479 | 206 | 168 | - |
Distributions received from EAM Trust | |||||||||
8,027 | 7,879 | 7,053 | 7,372 | 7,238 | - | - | - | - | - |
Realized loss on sales of equity securities | |||||||||
- | - | - | - | - | - | 0 | 11 | 63 | - |
Realized and unrealized losses on securities available-for-sale | |||||||||
- | - | - | - | - | - | - | - | - | 42 |
Deferred income taxes | |||||||||
512 | -7,058 | -1,711 | -1,301 | -237 | 464 | 1,078 | 4,288 | 23,738 | -8,165 |
Realized gain on sales of operating facilty | |||||||||
- | - | 8,123 | 0 | 0 | - | - | - | - | - |
Realized gains on sale of equity securities | |||||||||
- | - | - | - | 0 | 0 | - | - | - | - |
Realized gain on sales of equity securities | |||||||||
- | 152 | - | 329 | - | - | - | - | - | - |
Deferred rent | |||||||||
-89 | 422 | 265 | -200 | -200 | 567 | - | 0 | - | - |
Other, net | |||||||||
55 | 60 | 60 | 0 | 0 | - | - | - | - | - |
Changes in operating assets and liabilities: | |||||||||
Unearned revenue | |||||||||
-42 | -134 | 217 | - | - | - | - | - | - | - |
Expenses for operating lease exit obligation | |||||||||
- | - | - | - | - | - | - | - | 914 | - |
Writedown of software | |||||||||
- | - | - | - | - | - | - | - | - | -727 |
Proceeds from sales of trading securities | |||||||||
- | - | - | - | - | - | - | - | - | 16,840 |
Unearned revenue | |||||||||
- | - | - | -605 | 923 | 415 | -1,286 | -1,006 | -176 | -1,820 |
Reserve for settlement | |||||||||
- | - | - | - | - | 7 | -32 | -1,189 | -2,783 | 4,247 |
Operating lease exit obligation | |||||||||
- | - | - | - | - | -36 | -439 | -439 | - | - |
Accounts payable & accrued expenses | |||||||||
142 | 669 | -1,245 | 915 | -642 | -202 | -17 | -1,154 | -1,524 | 2,117 |
Accrued salaries | |||||||||
-176 | 102 | 219 | -153 | -130 | 149 | 92 | 195 | -318 | -87 |
Accrued taxes on income | |||||||||
339 | 324 | -620 | -2 | -249 | 733 | 33 | -60 | - | - |
Prepaid and refundable income taxes | |||||||||
-203 | 385 | -54 | 12 | -61 | 175 | -779 | 720 | - | - |
Accrued taxes on income | |||||||||
- | - | - | - | - | - | - | - | 91 | 388 |
Prepaid and refundable income taxes | |||||||||
- | - | - | - | - | - | - | - | -1,970 | 2,086 |
Prepaid expenses and other current assets | |||||||||
65 | -297 | 186 | -79 | -47 | -139 | 575 | 43 | 35 | -179 |
Receivable from affiliates | |||||||||
- | - | - | - | - | - | - | -37 | -1,345 | 208 |
Accounts receivable | |||||||||
455 | 31 | -236 | -155 | 203 | -72 | 376 | -697 | -82 | -672 |
Total adjustments | |||||||||
681 | -4,881 | -6,331 | -5,287 | -5,885 | -3,281 | -5,451 | -4,549 | -27,122 | 14,530 |
Net cash provided by operating activities | |||||||||
11,831 | 9,857 | 4,036 | 2,004 | - | - | - | - | - | -8,658 |
Cash flows from investing activities: | |||||||||
Net cash provided by (used in) operating activities | |||||||||
- | - | - | - | 1,407 | 3,487 | 1,168 | 2,376 | 10,660 | - |
Proceeds from sales of equity securities | |||||||||
0 | 152 | 53 | 10,206 | 57 | 0 | 0 | 89 | - | - |
Purchases of equity securities classified as available-for-sale | |||||||||
156 | - | 4,993 | 3,854 | 656 | 2,553 | 2,545 | 2,468 | 1,360 | - |
Purchases of fixed income securities classified as available-for-sale | |||||||||
11,040 | 4,368 | 8,235 | 0 | 0 | - | - | - | 27,310 | 48,039 |
Proceeds from sales of fixed income securities classified as available-for-sale | |||||||||
8,346 | 3,384 | 750 | 0 | 0 | - | - | - | 38,021 | 69,941 |
Restricted money market investment | |||||||||
- | - | - | 0 | 0 | - | - | - | - | - |
Profits distributions received from EAM Trust | |||||||||
945 | 957 | 440 | 445 | 594 | - | - | - | - | - |
Proceeds from sales of securities classified as available-for-sale | |||||||||
- | - | - | - | - | - | - | 11,196 | - | - |
Cash contribution to deconsolidated subsidiary capital | |||||||||
- | - | - | - | - | - | - | - | 5,484 | - |
Distributions received from EAM Trust | |||||||||
- | - | - | - | - | 7,160 | 5,080 | 5,876 | 1,793 | - |
Net proceeds from sale of operating facility | |||||||||
- | - | 11,555 | 0 | 0 | - | - | - | - | - |
Acquisition of property and equipment | |||||||||
11 | 408 | 1,276 | 227 | 120 | 206 | 331 | 48 | 106 | 81 |
Expenditures for capitalized software | |||||||||
111 | - | 408 | 1,735 | 2,424 | 2,481 | 2,457 | 3,383 | 1,801 | 736 |
Net cash provided by investing activities | |||||||||
- | - | - | - | 4,689 | 1,920 | -253 | 11,262 | 3,753 | - |
Net cash used in investing activities | |||||||||
-3,309 | -1,190 | -2,775 | 12,207 | - | - | - | - | - | 21,085 |
Cash flows from financing activities: | |||||||||
Purchase of treasury stock at cost | |||||||||
608 | 354 | 741 | 796 | 122 | 550 | 182 | 946 | 90 | - |
Dividends paid | |||||||||
7,362 | 8,929 | 6,616 | 6,167 | 5,888 | 5,909 | 5,935 | 7,452 | 23,956 | 38,928 |
Net cash used in financing activities | |||||||||
- | - | - | - | -6,010 | -6,459 | -6,117 | -8,398 | -24,046 | - |
Net cash used in financing activities | |||||||||
-7,970 | -9,283 | -7,357 | -6,963 | - | - | - | - | - | -38,928 |
Net decrease in cash and cash equivalents | |||||||||
552 | -616 | -6,096 | - | - | - | - | - | - | - |
Net change in cash and cash equivalents | |||||||||
- | - | - | 7,248 | 86 | -1,052 | -5,202 | 5,240 | -9,633 | -26,501 |