← James River Group 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 | $74.5m |
$43.6m
-41.50%
|
$63.8m
+46.51%
|
$38.3m
-39.94%
|
$4.8m
-87.42%
|
($172.8m)
-3682.07%
|
$31.0m
+117.92%
|
($107.7m)
-447.67%
|
($81.1m)
+24.67%
|
$47.4m
+158.47%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $74.5m |
$43.6m
-41.50%
|
$63.8m
+46.51%
|
$38.3m
-39.94%
|
$4.8m
-87.42%
|
($172.8m)
-3682.07%
|
$22.2m
+112.86%
|
($118.2m)
-631.81%
|
($118.3m)
-0.07%
|
$39.6m
+133.44%
|
— | |
| Depreciation, Depletion and Amortization | $2.4m | $2.1m | $4.2m | $4.1m | $5.0m | $4.7m | $1.0m | ($475k) | ($709k) | ($717k) | ($717k) | |
| Amortization of Intangible Assets | $597k | $597k | $597k | $597k | $538k | $363k | $363k | $363k | $363k | $363k | — | |
| Deferred Policy Acquisition Costs, Amortization Expense | $101.6m | $116.0m | $111.1m | $83.9m | $75.6m | $69.7m | $88.6m | $72.6m | $66.0m | $65.4m | — | |
| Amortization Of Securities | — | — | — | — | — | — | $8.9m | $23.1m | $3.7m | ($1.1m) | ($1.1m) | |
| Deferred Income Tax Expense (Benefit) | $5.1m | ($364k) | ($5.9m) | ($4.9m) | ($4.4m) | ($20.4m) | $4.6m | ($6.0m) | ($11.2m) | ($13.1m) | ($13.1m) | |
| Deferred Tax | — | — | — | — | — | — | $4.6m | ($6.0m) | ($11.2m) | ($13.1m) | ($13.1m) | |
| Share-based Payment Arrangement, Noncash Expense | $5.5m | $7.7m | $6.2m | $7.2m | $7.6m | $6.7m | $8.1m | $9.1m | $6.6m | $5.0m | $5.0m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | — | $1.7m | $847k | $745k | — | |
| Share-based Payment Arrangement, Expense | $5.5m | $7.7m | $6.2m | $7.2m | $7.6m | $6.7m | $8.1m | $9.1m | $6.6m | $5.0m | $5.0m | |
| Goodwill, Impairment Loss | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Impairment of Intangible Assets (Excluding Goodwill) | $0 | $0 | $200k | $0 | $0 | $0 | $0 | $2.5m | $0 | $0 | — | |
| Impairment of Intangible Assets, Finite-lived | $0 | $0 | $200k | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $0 | $0 | $200k | $0 | $0 | $0 | $0 | $2.5m | $0 | $0 | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $0 | $2.5m | $0 | $0 | $0 | |
| Income (Loss) from Equity Method Investments | $8.7m | $13.2m | $3.5m | $4.6m | $3.2m | $918k | $2.5m | $4.9m | $4.1m | $1.7m | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($2.5m) | ($4.9m) | ($4.1m) | ($1.7m) | ($1.7m) | |
| Change In Working Capital | — | — | — | — | — | — | $138.3m | $48.1m | ($166.2m) | ($61.9m) | ($61.9m) | |
| Change In Receivables | — | — | — | — | — | — | $53.4m | $22.6m | $15.4m | $90.2m | $90.2m | |
| Changes In Account Receivables | — | — | — | — | — | — | $53.4m | $22.6m | $15.4m | $90.2m | $90.2m | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims | $325.4m | $555.4m | $600.3m | $672.1m | $478.5m | $792.4m | $544.8m | $500.2m | $554.4m | $427.2m | — | |
| Net Cash Provided by (Used in) Operating Activities | $154.3m |
$207.8m
+34.64%
|
$290.0m
+39.56%
|
$1.5b
+413.41%
|
($273.8m)
-118.39%
|
($913.5m)
-233.62%
|
$222.7m
+124.38%
|
$88.0m
-60.51%
|
($247.1m)
-380.93%
|
($18.8m)
+92.40%
|
($18.8m)
0.00%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | — | — | — | $519k | $549k | $6.3m | $8.2m | $6.4m | $4.9m | $4.8m | ($3.7m) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $135.5m | $121.9m | $129.1m | $128.8m | $240.3m | $296.2m | $174.7m | $139.9m | $162.5m | $152.3m | — | |
| Cash, Cash Equivalents, and Short-term Investments | — | — | $25.5m | — | — | — | — | — | — | — | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | ($554k) | $1.1m | $1.0m | $4.9m | $275k | ($339k) | ($1.3m) | $74k | — | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | — | — | — | $9.0m | ($620k) | $777k | — | |
| Gain (Loss) on Investments | — | — | ($5.5m) | ($2.9m) | ($16.0m) | $15.6m | ($28.3m) | $10.4m | $3.6m | ($2.2m) | $2.2m | |
| Payments for (Proceeds from) Other Investing Activities | $2.7m | $2.1m | $1.3m | $519k | $549k | — | — | — | — | — | — | |
| Net Other Investing Changes | — | — | — | — | — | — | ($6.7m) | $3.5m | ($169k) | ($8.5m) | $13.9m | |
| Net Cash Provided by (Used in) Investing Activities | ($80.8m) | ($104.7m) | ($266.8m) | ($263.4m) | ($176.0m) | $35.8m | ($328.2m) | $16.7m | $307.0m | ($116.0m) | ($92.4m) | |
| Cash flows from financing activities: | ||||||||||||
| Issuance Of Debt | — | — | — | — | — | — | $0 | $0 | $0 | $25.0m | $0 | |
| Long Term Debt Issuance | — | — | — | — | — | — | $0 | $0 | $0 | $25.0m | $0 | |
| Long Term Debt Payments | — | — | — | — | — | — | ($40.0m) | $0 | ($21.5m) | $0 | $0 | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($40.0m) | $0 | ($21.5m) | $25.0m | $0 | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($40.0m) | — | ($21.5m) | $25.0m | $25.0m | |
| Repayment Of Debt | — | — | — | — | — | — | ($40.0m) | $0 | ($21.5m) | $0 | $0 | |
| Payments for Repurchase of Common Stock | $4.9m | $9.4m | $2.2m | $2.9m | $3.6m | $3.1m | $1.3m | — | — | — | — | |
| Payments of Ordinary Dividends, Common Stock | $66.0m | $50.8m | $36.1m | $36.7m | $37.1m | $43.2m | $7.8m | $7.7m | $6.2m | $2.0m | ($9.8m) | |
| Proceeds from Issuance of Common Stock | — | — | — | — | — | $192.1m | $0 | $0 | $12.5m | $0 | $0 | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($7.8m) | ($7.7m) | ($6.2m) | ($2.0m) | ($1.9m) | |
| Common Stock Issuance | — | — | — | — | — | — | $0 | $0 | $12.5m | $0 | $0 | |
| Common Stock Payments | — | — | — | — | — | ($3.1m) | ($1.3m) | ($1.7m) | — | — | — | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $144.9m | $0 | $12.5m | $0 | $0 | |
| Repurchase Of Capital Stock | — | — | — | — | — | ($3.1m) | ($1.3m) | ($1.7m) | — | — | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($13.9m) | ($18.2m) | ($19.0m) | ($9.9m) | ($9.8m) | |
| Dividend Received CFO | — | — | — | — | — | — | $4.4m | $43k | $405k | $4.1m | $4.1m | |
| Preferred Stock Dividend Paid | — | — | — | — | — | — | ($6.1m) | ($10.5m) | ($12.8m) | ($7.9m) | ($7.9m) | |
| Proceeds from (Payments for) Other Financing Activities | ($1.6m) | ($792k) | ($1.1m) | ($711k) | $0 | $0 | — | — | — | — | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($1.3m) | ($2.9m) | ($847k) | ($1.9m) | ($2.0m) | |
| Net Cash Provided by (Used in) Financing Activities | ($70.2m) |
($49.4m)
+29.69%
|
($14.3m)
+71.04%
|
$8.0m
+155.66%
|
$65.9m
+728.62%
|
$147.7m
+124.00%
|
$89.7m
-39.28%
|
($21.1m)
-123.55%
|
($28.8m)
-36.61%
|
$13.2m
+145.77%
|
($11.8m)
-189.72%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $53.7m | $9.0m | $1.2b | ($383.9m) | ($730.1m) | ($15.7m) | $83.6m | $31.1m | ($121.6m) | $236.2m | |
| Beginning Cash Position | — | — | — | — | — | — | $292.1m | $276.4m | $359.9m | $391.1m | $308.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $53.7m | $9.0m | $1.4b | $1.0b | $292.1m | $276.4m | $359.9m | $391.1m | $269.4m | $236.2m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $8.1m | $8.9m | $11.3m | $12.4m | $11.3m | $9.9m | $17.4m | $30.7m | $28.7m | $25.7m | — | |
| Income Taxes Paid, Net | ($59k) | $9.8m | $8.2m | $18.7m | $17.2m | ($3.9m) | ($3.5m) | $45.3m | $25.1m | ($21.8m) | — | |
| Additional Financial Items | ||||||||||||
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | — | — | — | — | — | — | $0 | ($80.4m) | ($4.1m) | ($2.4m) | — | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | — | — | — | — | — | — | — | ($88.5m) | ($13.6m) | $0 | — | |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | — | — | — | — | — | — | $0 | ($80.4m) | ($2.2m) | $0 | — | |
| Equity Securities, FV-NI, Gain (Loss) | — | — | ($6.0m) | $6.0m | ($1.7m) | $4.8m | ($11.4m) | $5.2m | $8.7m | $403k | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | ($6.0m) | — | — | — | — | — | — | — | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | — | $5.3m | ($11.2m) | $3.7m | ($873k) | $2.4m | — | |
| Goodwill | $181.8m | $181.8m | $181.8m | $181.8m | $181.8m | $181.8m | $181.8m | $181.8m | $181.8m | $181.8m | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | $61.2m | ($63.5m) | $49.8m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | $0 | ($168.9m) | ($17.6m) | ($2.4m) | — | |
| Income Tax Expense (Benefit) | $4.9m | $11.6m | $7.0m | $13.5m | $7.1m | ($23.2m) | $18.4m | $25.7m | ($7.6m) | $723k | — | |
| Operating Expenses | $506.9m | $762.5m | $814.8m | $855.3m | $656.8m | — | — | — | — | — | — | |
| Operating Lease, Expense | — | — | — | $5.2m | $5.0m | $5.1m | $5.0m | $4.6m | $4.1m | $3.4m | — | |
| Operating Lease, Lease Income | — | — | $623k | $0 | $0 | — | — | — | — | — | — | |
| Realized Investment Gains (Losses) | $7.6m | ($2.0m) | ($5.5m) | — | — | — | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $89.7m | ($21.1m) | ($28.8m) | $13.2m | ($11.8m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($328.2m) | $16.7m | $307.0m | ($116.0m) | ($92.4m) | |
| Change In Account Payable | — | — | — | — | — | — | ($2.8m) | $2.1m | ($3.4m) | $0 | ($3.4m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($15.7m) | $83.6m | $31.1m | ($121.6m) | — | |
| Change In Other Working Capital | — | — | — | — | — | — | $179.5m | ($76.6m) | ($540.1m) | ($25.1m) | ($25.1m) | |
| Change In Payable | — | — | — | — | — | $2.3m | ($2.8m) | $2.1m | ($3.4m) | $0 | ($3.4m) | |
| Changes In Cash | — | — | — | — | — | — | ($15.7m) | $83.6m | $31.1m | ($121.6m) | ($72.3m) | |
| End Cash Position | — | — | — | — | — | — | $276.4m | $359.9m | $391.1m | $269.4m | $236.2m | |
| Excess Tax Benefit From Stock Based Compensation | — | — | — | — | — | — | $530k | $449k | $740k | $984k | $984k | |
| Financing Cash Flow | — | — | — | — | — | — | $89.7m |
($21.1m)
-123.55%
|
($28.8m)
-36.61%
|
$13.2m
+145.77%
|
($11.8m)
-189.72%
|
|
| Free Cash Flow | — | — | — | — | — | — | $214.5m | $81.5m | ($252.0m) | ($23.6m) | $28.3m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | $28.3m | $43.3m | $7.0m | $2.2m | $2.2m | |
| Investing Cash Flow | — | — | — | — | — | — | ($328.2m) | $16.7m | $307.0m | ($116.0m) | ($92.4m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $0 | $0 | $96.4m | $0 | $0 | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($298.3m) | $12.6m | $204.6m | ($88.0m) | ($66.3m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($8.2m) | ($6.4m) | ($4.9m) | ($4.8m) | ($3.7m) | |
| Net Preferred Stock Issuance | — | — | — | — | — | $0 | $144.9m | $0 | $0 | — | $0 | |
| Operating Gains Losses | — | — | — | — | — | — | $25.9m | $38.4m | $2.9m | $522k | $522k | |
| Other Non Cash Items | — | — | — | — | — | — | — | $80.4m | ($2.2m) | — | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | $1.9m | $0 | $0 | — | — | — | |
| Purchase Of Investment | — | — | — | — | — | — | ($748.5m) | ($223.0m) | ($220.1m) | ($379.3m) | ($370.1m) | |
| Purchase Of PPE | — | — | — | — | — | — | ($8.2m) | ($6.4m) | ($4.9m) | ($4.8m) | ($3.7m) | |
| Sale Of Business | — | — | — | — | — | — | $0 | $0 | $96.4m | $0 | $0 | |
| Sale Of Investment | — | — | — | — | — | — | $450.3m | $235.6m | $424.7m | $291.2m | $303.8m | |
| Stock Based Compensation | — | — | — | — | — | — | $8.1m | $9.1m | $6.6m | $5.0m | $5.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.