← Employers Holdings, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $106.7m |
$101.2m
-5.15%
|
$141.3m
+39.62%
|
$157.1m
+11.18%
|
$119.8m
-23.74%
|
$119.3m
-0.42%
|
$48.4m
-59.43%
|
$118.1m
+144.01%
|
$118.6m
+0.42%
|
$10.8m
-90.89%
|
— | |
| Depreciation, Depletion and Amortization | $8.5m | $8.2m | $6.3m | $9.0m | $8.2m | $7.4m | $5.3m | $4.8m | $16.7m | $14.2m | $3.7m | |
| Amortization of Intangible Assets | $300k | $300k | $200k | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Capitalized Computer Software, Amortization | — | — | $800k | $5.3m | $9.0m | $14.2m | $16.4m | $16.7m | $13.1m | $7.6m | — | |
| Deferred Policy Acquisition Costs, Amortization Expense | $104.5m | $108.2m | $112.0m | — | — | — | — | $113.8m | $119.6m | $123.2m | — | |
| Depreciation | $8.5m | $8.2m | $6.3m | $9.0m | $8.2m | $7.4m | $5.3m | $4.8m | $3.6m | $3.6m | $3.7m | |
| Deferred Income Tax Expense (Benefit) | $13.4m | $24.2m | $14.4m | $8.6m | ($400k) | $6.7m | ($17.3m) | $5.1m | $4.2m | $100k | ($100k) | |
| Deferred Other Tax Expense (Benefit) | $13.4m | $17.2m | $14.8m | $8.6m | ($400k) | $6.7m | ($17.3m) | $5.3m | $4.1m | $100k | — | |
| Share-based Payment Arrangement, Noncash Expense | $5.8m | $6.8m | $9.4m | $10.1m | $9.7m | $9.1m | $5.1m | $6.2m | $6.3m | $5.0m | $4.8m | |
| Share-based Payment Arrangement, Expense | $5.8m | $6.8m | $9.3m | $10.0m | $9.4m | $9.1m | $4.9m | $6.1m | $6.2m | $5.0m | $4.8m | |
| Goodwill and Intangible Asset Impairment | — | — | $0 | — | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Marketable Securities, Gain (Loss), Excluding Other-than-temporary Impairment Loss | — | — | — | — | — | $54.6m | ($51.8m) | — | — | — | — | |
| Operating Lease, Impairment Loss | — | — | — | — | $800k | $1.0m | $0 | — | — | — | — | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims | $434.5m | $428.8m | $391.3m | $378.6m | $314.3m | $326.7m | $399.3m | $412.9m | $461.8m | $587.7m | — | |
| Net Cash Provided by (Used in) Operating Activities | $122.8m |
$142.3m
+15.88%
|
$180.2m
+26.63%
|
$123.1m
-31.69%
|
$33.3m
-72.95%
|
$10.8m
-67.57%
|
$99.8m
+824.07%
|
$49.4m
-50.50%
|
$76.4m
+54.66%
|
$44.7m
-41.49%
|
$22.0m
-50.78%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $700k | $400k | $300k | $700k | $100k | $300k | $100k | $0 | $100k | $100k | ($2.3m) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $230.6m | $215.7m | $329.4m | $309.9m | $359.2m | $373.5m | $195.0m | $162.7m | $214.7m | $213.1m | — | |
| Gain (Loss) on Sale of Investments | $11.2m | $7.4m | ($13.1m) | $51.1m | $19.0m | $54.6m | ($51.8m) | $22.7m | $24.1m | ($20.4m) | — | |
| Gain (Loss) on Investments | — | — | ($13.1m) | $51.1m | $19.0m | $54.6m | ($51.8m) | $22.7m | $24.1m | ($20.4m) | $11.5m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $0 | $0 | $16.1m | $0 | $0 | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($88.6m) | ($110.2m) | ($119.6m) | $49.2m | $84.3m | ($1.7m) | ($146.1m) | $377.3m | ($159.7m) | $225.9m | $174.5m | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | $2.1m | $0 | $0 | — | — | — | — | — | — | — | |
| Payments for Repurchase of Common Stock | $21.1m | $0 | $4.2m | $67.5m | $99.4m | $42.6m | $30.4m | $76.1m | $42.6m | $182.8m | — | |
| Payments of Ordinary Dividends, Common Stock | $11.5m | $19.7m | $26.7m | $28.9m | $30.8m | $29.0m | $90.3m | $29.7m | $30.3m | $29.9m | ($27.1m) | |
| Net Cash Provided by (Used in) Financing Activities | ($23.6m) |
($26.0m)
-10.17%
|
($32.9m)
-26.54%
|
($119.1m)
-262.01%
|
($112.2m)
+5.79%
|
($94.4m)
+15.86%
|
$60.4m
+163.98%
|
($289.5m)
-579.30%
|
($74.8m)
+74.16%
|
($179.1m)
-139.44%
|
($152.3m)
+14.96%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $11.7m | $3.5m | $27.7m | $53.2m | $5.4m | ($85.3m) | $14.1m | $137.2m | ($158.1m) | $91.5m | $113.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $11.7m | $3.5m | $102.0m | $155.2m | $160.6m | $75.3m | $89.4m | $226.6m | $68.5m | $160.0m | $113.5m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | — | $300k | $2.6m | $5.8m | $100k | $500k | — | |
| Income Taxes Paid, Net | $13.7m | $21.3m | $4.2m | $37.8m | $18.5m | $28.2m | $15.1m | $30.4m | $31.0m | $11.6m | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | ($25.6m) | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Termination of Lease | — | — | — | — | — | — | — | $1.0m | $0 | $0 | — | |
| Goodwill | $36.2m | $36.2m | $36.2m | $36.2m | $36.2m | $36.2m | $36.2m | $36.2m | $36.2m | $36.2m | $0 | |
| Income Tax Expense (Benefit) | $34.0m | $42.8m | $28.2m | $36.7m | $27.9m | $27.7m | $7.4m | $30.3m | $28.1m | $1.2m | — | |
| Operating Expenses | $639.1m | $657.4m | $630.9m | $642.1m | $563.7m | $556.1m | $657.7m | $702.5m | $734.0m | $846.7m | — | |
| Operating Lease, Expense | — | — | — | $5.1m | $5.1m | $4.1m | $3.4m | — | — | — | — | |
| Realized Investment Gains (Losses) | $11.2m | $7.4m | $13.1m | ($51.1m) | ($19.0m) | ($54.6m) | $51.8m | ($22.7m) | ($24.1m) | $20.4m | — |