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
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
12/20151.13NA10.35
09/20151.14NA10.08

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.06Total Liab/Total Assets0.77
Net Inc/Total Assets0.01Total Liab/Inv Cap0.79
Net Inc/Inv Cap0.01Total Liab/Comm Equity8.35
Pretax Inc/Net Sales0.02Interest Coverage Ratio2.86
Net Inc/Net Sales0.02Curr Debt/Equity0.11
Cash Flow/Net Sales0.08LTD/Equity0.50
SG&A/NetSalesNATotal Debt/Equity0.61
Asset Utilization   Liquidity  
Net Receivables Turnover1.64Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&ENA  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 97.72 93.48 96.95 97.25
Cost of Goods Sold 72.38 70.70 61.84 77.45
Selling & Admin Exps NA NA NA NA
Operating Income -1.53 -4.92 5.84 -6.17
Interest Exp 1.18 1.19 1.16 1.15
Pretax Income -1.53 -4.92 5.84 -6.17
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -1.56 -3.35 3.99 -3.66

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 93.11 80.91 85.81 86.96
Receivables - Total 289.30 277.41 248.00 246.80
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment NA NA NA NA
Total Assets 1,248.82 1,212.84 1,173.22 1,162.46
Liabilities        
Accounts Payable 88.57 92.06 85.93 86.00
Debt in Current Liabilities 30.00 30.00 30.00 30.00
Total Current Liabilities NA NA NA NA
Long-Term Debt 142.76 139.91 137.45 132.19
Total Liabilities 987.35 947.14 902.20 896.72
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 147.10 148.66 152.01 148.03
Treasury Stock -24.63 -23.76 -20.11 -19.59
Total Stockholders' Equity 261.47 265.70 271.03 265.74
Total Liabilities and Stockholders' Equity 1,248.82 1,212.84 1,173.22 1,162.46

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 21.95 3.55 8.84 5.32
Net Cash Provided by Investing Activities -8.75 -5.30 -4.99 4.71
Net Cash Provided by Financing Activities -0.87 -3.75 -0.53 -0.33

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012341.803.520.18
12/2013389.438.240.43
12/2014337.3713.430.69
12/2015372.4021.861.13
12/2016375.956.530.34
Growth Rates2.4116.6517.23

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/177311,80865.03




Report Date : 12/4/2017

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