Company Information

  

Address: 2301 HIGHWAY 190 WEST  
City: DERIDDER 
State: LA 
Zip Code: 70634 
Telephone: 337-463-9052 

Description of Business

Primary SIC Code: 6331
(As filed with the SEC)  

We are a specialty provider of workers' compensation insurance focused on small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging and lumber, manufacturing, and agriculture. Since commencing operations in 1986, we have gained significant experience underwriting the complex workers' compensation exposures inherent in these industries. We provide coverage to employers under state and federal workers' compensation laws. These laws prescribe wage replacement and medical care benefits that employers are obligated to provide to their employees who are injured in the course and scope of their employment. Our workers' compensation insurance policies provide benefits to injured employees for, among other things, temporary or permanent disability, death and medical and hospital expenses. The benefits payable and the duration of those benefits are set by state or federal law.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20173.430.20016.60
03/20173.480.20018.65
12/20164.053.43015.40
09/20164.350.18013.51
06/20164.360.18014.04
03/20164.250.18012.36
12/20153.693.15013.79
09/20153.370.15014.76

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.42Total Liab/Total Assets0.70
Net Inc/Total Assets0.05Total Liab/Inv Cap0.70
Net Inc/Inv Cap0.05Total Liab/Comm Equity5.71
Pretax Inc/Net Sales0.28Interest Coverage RatioNA
Net Inc/Net Sales0.20Curr Debt/EquityNA
Cash Flow/Net Sales0.29LTD/Equity0.00
SG&A/NetSales0.07Total Debt/Equity0.00
Asset Utilization   Liquidity  
Net Receivables Turnover1.40Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E59.77  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 89.93 97.54 98.56 98.21
Cost of Goods Sold 60.06 71.13 63.28 64.99
Selling & Admin Exps 7.72 7.68 7.50 7.19
Operating Income 22.15 18.73 27.78 26.03
Interest Exp NA NA NA NA
Pretax Income 22.15 18.73 27.78 26.03
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 15.48 13.52 19.07 17.90

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 100.60 72.16 88.52 98.11
Receivables - Total 286.18 286.08 278.03 315.75
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 6.35 6.44 6.64 6.39
Total Assets 1,559.49 1,536.54 1,518.86 1,600.18
Liabilities        
Accounts Payable 36.10 40.52 35.56 35.72
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities NA NA NA NA
Long-Term Debt 0.00 0.00 0.03 0.00
Total Liabilities 1,078.10 1,069.44 1,062.71 1,090.44
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.20 0.20 0.20 0.20
Retained Earnings 291.73 280.10 270.42 317.30
Treasury Stock -22.37 -22.37 -22.37 -22.37
Total Stockholders' Equity 481.39 467.10 456.15 509.74
Total Liabilities and Stockholders' Equity 1,559.49 1,536.54 1,518.86 1,600.18

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 17.00 23.79 31.34 26.51
Net Cash Provided by Investing Activities 1.49 -39.47 6.66 -7.36
Net Cash Provided by Financing Activities -3.88 -3.91 -65.68 -2.69

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012321.2529.351.58
12/2013356.3443.642.32
12/2014404.0253.672.84
12/2015400.9570.463.69
12/2016396.6677.864.05
Growth Rates5.4127.6226.53

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1718319,285--




Report Date : 10/16/2017

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