Company Information

  

Address: 777 MAIN STREET, SUITE 1000  
City: FORT WORTH 
State: TX 
Zip Code: 76102 
Telephone: 817-348-1600 

Description of Business

Primary SIC Code: 6399
(As filed with the SEC)  

We are a diversified property/casualty insurance group that serves businesses and individuals in specialty and niche markets. We offer specialty commercial insurance, standard commercial insurance and personal insurance in selected market subcategories that are characteristically low-severity and predominately short-tailed risks. We focus on marketing, distributing, underwriting and servicing property/casualty insurance products that require specialized underwriting expertise or market knowledge. We believe this approach provides us the best opportunity to achieve favorable policy terms and pricing. The insurance policies we produce are written by our six insurance company subsidiaries as well as unaffiliated insurers. We market, distribute, underwrite and service our property/casualty insurance products primarily through subsidiaries whose operations are organized into product-specific operating units that are supported by our insurance company subsidiaries.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/2018-0.80NAN/E
12/2017-0.63NAN/E
09/2017-0.24NAN/E
06/20170.11NA102.46
03/20170.35NA31.57
12/20160.34NA34.21
09/20160.72NA14.29
06/20160.80NA14.49

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.11Total Liab/Total Assets0.80
Net Inc/Total Assets-0.01Total Liab/Inv Cap0.82
Net Inc/Inv Cap-0.01Total Liab/Comm Equity9.57
Pretax Inc/Net Sales-0.04Interest Coverage Ratio-2.67
Net Inc/Net Sales-0.03Curr Debt/Equity0.12
Cash Flow/Net Sales0.02LTD/Equity0.55
SG&A/NetSalesNATotal Debt/Equity0.67
Asset Utilization   Liquidity  
Net Receivables Turnover1.41Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&ENA  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 93.34 97.38 97.72 93.48
Cost of Goods Sold 63.68 83.38 72.38 70.70
Selling & Admin Exps NA NA NA NA
Operating Income 0.81 -15.97 -1.53 -4.92
Interest Exp 1.03 0.98 1.18 1.19
Pretax Income 0.81 -15.97 -1.53 -4.92
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 0.65 -10.63 -1.56 -3.35

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 57.67 67.63 93.11 80.91
Receivables - Total 332.02 301.58 289.30 277.41
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment NA NA NA NA
Total Assets 1,244.25 1,231.13 1,248.82 1,212.84
Liabilities        
Accounts Payable 99.54 88.91 88.57 92.06
Debt in Current Liabilities 30.00 30.00 30.00 30.00
Total Current Liabilities NA NA NA NA
Long-Term Debt 141.76 138.24 142.76 139.91
Total Liabilities 993.09 980.01 987.35 947.14
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 3.76 3.76 3.76 3.76
Retained Earnings 151.50 136.47 147.10 148.66
Treasury Stock -24.90 -24.53 -24.63 -23.76
Total Stockholders' Equity 251.15 251.12 261.47 265.70
Total Liabilities and Stockholders' Equity 1,244.25 1,231.13 1,248.82 1,212.84

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities -19.22 -27.13 21.95 3.55
Net Cash Provided by Investing Activities 9.63 2.27 -8.75 -0.83
Net Cash Provided by Financing Activities -0.38 0.07 -0.87 -3.75

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013389.438.240.43
12/2014337.3713.430.69
12/2015372.4021.861.13
12/2016375.956.530.34
12/2017385.52-11.55-0.63
Growth Rates-0.25----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional03/31/187611,91465.99




Report Date : 6/18/2018

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