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
03/20182.540.22021.75
12/20172.403.70025.67
09/20173.360.20017.32
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

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.25Total Liab/Total Assets0.72
Net Inc/Total Assets0.03Total Liab/Inv Cap0.72
Net Inc/Inv Cap0.03Total Liab/Comm Equity5.82
Pretax Inc/Net Sales0.22Interest Coverage RatioNA
Net Inc/Net Sales0.12Curr Debt/EquityNA
Cash Flow/Net Sales0.35LTD/EquityNA
SG&A/NetSales0.08Total Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables Turnover1.35Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E61.23  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 94.18 94.94 92.80 89.93
Cost of Goods Sold 67.50 69.64 61.64 60.06
Selling & Admin Exps 7.26 7.49 7.61 7.72
Operating Income 19.41 17.80 23.56 22.15
Interest Exp NA NA NA NA
Pretax Income 19.41 17.80 23.56 22.15
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 16.17 0.65 16.58 15.48

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 80.78 81.33 149.90 100.60
Receivables - Total 292.30 276.76 281.69 286.18
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 6.77 6.13 6.32 6.35
Total Assets 1,530.67 1,518.24 1,583.25 1,559.49
Liabilities        
Accounts Payable 39.15 37.08 43.74 36.10
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities NA NA NA NA
Long-Term Debt NA 0.00 0.00 0.00
Total Liabilities 1,098.60 1,092.81 1,088.30 1,078.10
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.21 0.20 0.20 0.20
Retained Earnings 246.03 233.90 304.46 291.73
Treasury Stock -22.37 -22.37 -22.37 -22.37
Total Stockholders' Equity 432.07 425.42 494.95 481.39
Total Liabilities and Stockholders' Equity 1,530.67 1,518.24 1,583.25 1,559.49

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 12.67 28.48 61.53 17.00
Net Cash Provided by Investing Activities -27.86 17.69 -31.25 1.49
Net Cash Provided by Financing Activities -4.29 -71.00 -3.86 -3.88

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013356.3443.642.32
12/2014404.0253.672.84
12/2015400.9570.463.69
12/2016396.6677.864.05
12/2017375.2146.232.40
Growth Rates1.301.450.85

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1818119,440--




Report Date : 7/9/2018

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