← SECURITY NATIONAL FINANCIAL CORP
| 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), Including Portion Attributable to Noncontrolling Interest | $12.2m | $14.1m | $21.7m | $10.9m | $55.6m | $39.5m | $25.7m | $14.5m | $26.5m | $32.2m | — | |
| Depreciation, Depletion and Amortization | $5.6m | $6.3m | $5.5m | $5.2m | $2.1m | $1.9m | $2.5m | $2.4m | $2.4m | $2.4m | $8.7m | |
| Amortization of Intangible Assets | — | — | — | — | — | — | $256k | $254k | $324k | $347k | — | |
| Deferred Policy Acquisition Costs, Amortization Expense | $16.9m | $19.0m | $19.5m | $19.2m | $18.9m | $15.0m | $16.7m | $16.7m | $15.0m | $11.2m | — | |
| Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, Amortization | $8.0m | $8.5m | $11.6m | $14.6m | $14.3m | $16.1m | $18.0m | $18.0m | $15.9m | $11.7m | — | |
| Depreciation | $5.6m | $6.3m | $5.5m | $5.2m | $5.4m | $5.5m | $8.6m | $8.6m | $8.2m | $8.2m | $8.2m | |
| Deferred Income Tax Expense (Benefit) | $6.1m | ($7.8m) | ($2.6m) | ($1.9m) | $2.9m | $11.3m | ($10.0m) | ($2.5m) | $312k | $1.5m | $1.5m | |
| Share-based Payment Arrangement, Noncash Expense | $344k | $396k | $237k | $257k | $359k | $118k | — | — | — | — | $1.3m | |
| Share-based Payment Arrangement, Expense | — | — | — | — | $359k | $118k | $930k | $601k | $801k | $1.3m | $1.3m | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | — | — | $122k | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | — | — | — | — | — | $1.2m | $94k | $929k | $774k | ($114k) | — | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims | — | — | — | — | — | — | $73.4m | $74.1m | $70.5m | $73.4m | — | |
| Net Cash Provided by (Used in) Operating Activities | $35.5m |
$44.3m
+24.72%
|
$7.0m
-84.18%
|
$253k
-96.39%
|
($129.6m)
-51384.09%
|
$144.6m
+211.58%
|
$130.5m
-9.81%
|
$53.9m
-58.70%
|
$57.3m
+6.39%
|
$45.5m
-20.55%
|
$45.5m
0.00%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $3.6m | $911k | ($1.3m) | $1.8m | $1.6m | $5.2m | $1.6m | $1.1m | $2.5m | $1.7m | ($1.4m) | |
| Debt Securities, Available-for-sale, Allowance for Credit Loss, Not Previously Recorded | — | — | — | — | — | — | — | $268k | $55k | $143k | — | |
| Gain (Loss) on Investments | ($176k) | — | — | — | — | $6.3m | ($857k) | $1.8m | $1.9m | $4.6m | ($52.9m) | |
| Gain (Loss) on Sale of Investments | — | — | — | — | — | — | $34.1m | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | $12.6m | — | — | — | — | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($55.6m) | ($40.2m) | $63.3m | $38.1m | $36.1m | ($63.6m) | ($37.2m) | $14.6m | ($43.1m) | ($67.2m) | ($30.2m) | |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common Stock | — | — | — | — | — | $5.8m | $7.7m | $2.8m | $3.1m | $1.6m | — | |
| Net Cash Provided by (Used in) Financing Activities | $19.0m |
$2.2m
-88.37%
|
$26.1m
+1083.07%
|
$24.3m
-6.96%
|
$71.2m
+193.04%
|
($55.1m)
-177.34%
|
($101.2m)
-83.78%
|
($62.0m)
+38.70%
|
($4.0m)
+93.54%
|
($14.3m)
-257.48%
|
($21.9m)
-52.62%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $7.6m | $96.4m | ($13.2m) | ($22.3m) | $25.9m | ($7.9m) | $6.4m | $10.2m | ($36.0m) | $162.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $7.6m | $96.4m | ($13.2m) | ($22.3m) | $141.4m | $133.5m | $139.9m | $150.1m | $114.1m | $162.1m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $6.0m | — | — | $8.4m | $7.3m | $7.7m | $5.1m | $4.2m | $4.5m | — | |
| Income Taxes Paid, Net | — | — | $5.7m | $4.9m | $11.8m | $5.1m | $730k | $20.4m | $8.2m | — | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Sale of Mortgage Loans | ($137.7m) | — | — | — | — | — | — | — | $671k | $874k | — | |
| Gain (Loss) on Sales of Loans, Net | — | — | — | — | — | $177.9m | $74.8m | $40.2m | $45.4m | $52.4m | — | |
| Goodwill | $2.8m | $2.8m | $2.8m | $3.5m | $3.5m | $5.3m | $5.3m | $5.3m | $5.3m | $5.3m | — | |
| Income Tax Expense (Benefit) | $7.5m | ($6.6m) | $4.5m | $3.1m | $15.9m | $12.3m | $8.7m | $1.8m | $7.6m | $9.3m | — | |
| Proceeds from Stock Options Exercised | $116k | $10k | $57k | $864k | $832k | $1.1m | $143k | $134k | $449k | $106k | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | $1.7m | — | — | — | — | — | — | — | — | — | — | |
| Realized Investment Gains (Losses) | — | — | — | — | — | — | — | — | $889k | — | — |