2020 Q2 Form 10-Q Financial Statement

#000002409020000034 Filed on August 05, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2
Revenue $58.34M $56.87M
YoY Change 2.59% -4.97%
Cost Of Revenue $37.32M $37.92M
YoY Change -1.58% -2.24%
Gross Profit $21.02M $18.95M
YoY Change 10.95% -10.02%
Gross Profit Margin 36.03% 33.32%
Selling, General & Admin $12.47M $13.37M
YoY Change -6.73% -16.85%
% of Gross Profit 59.32% 70.57%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.061M $6.931M
YoY Change -12.55% -3.74%
% of Gross Profit 28.83% 36.58%
Operating Expenses $57.90M $60.19M
YoY Change -3.8% -5.88%
Operating Profit -$36.88M -$41.24M
YoY Change -10.58% -3.85%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $438.0K -$3.323M
YoY Change -113.18% -19.17%
Income Tax $1.465M $1.242M
% Of Pretax Income 334.47%
Net Earnings -$1.027M -$4.565M
YoY Change -77.5% 78.46%
Net Earnings / Revenue -1.76% -8.03%
Basic Earnings Per Share
Diluted Earnings Per Share -$20.46K -$90.98K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2020 Q2 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.499B $1.392B
YoY Change 7.74% 31.9%
Cash & Equivalents $52.38M $34.57M
Short-Term Investments $1.447B $1.357B
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $16.59M $7.147M
YoY Change 132.15% 13.61%
Goodwill $12.62M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $1.532B $1.441B
YoY Change 6.26% 19.48%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.813B $1.702B
YoY Change 6.51% 2.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $12.50M $1.700M
YoY Change 635.29%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $137.1M $128.8M
YoY Change 6.44% -27.31%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $27.60M $26.20M
YoY Change 5.34% 38.62%
Total Long-Term Liabilities $27.60M $26.20M
YoY Change 5.34% 38.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $137.1M $128.8M
Total Long-Term Liabilities $27.60M $26.20M
Total Liabilities $1.523B $1.466B
YoY Change 3.92% 0.72%
SHAREHOLDERS EQUITY
Retained Earnings -$75.98M -$77.97M
YoY Change -2.55% 27.69%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $11.01M $11.01M
YoY Change 0.0% 0.0%
Treasury Stock Shares
Shareholders Equity $289.8M $236.4M
YoY Change
Total Liabilities & Shareholders Equity $1.813B $1.702B
YoY Change 6.51% 2.99%

Cashflow Statement

Concept 2020 Q2 2019 Q2
OPERATING ACTIVITIES
Net Income -$1.027M -$4.565M
YoY Change -77.5% 78.46%
Depreciation, Depletion And Amortization $6.061M $6.931M
YoY Change -12.55% -3.74%
Cash From Operating Activities $14.50M $13.50M
YoY Change 7.41% -32.5%
INVESTING ACTIVITIES
Capital Expenditures $0.00 -$100.0K
YoY Change -100.0% 0.0%
Acquisitions
YoY Change
Other Investing Activities $3.400M -$12.40M
YoY Change -127.42% -639.13%
Cash From Investing Activities $3.400M -$12.60M
YoY Change -126.98% -672.73%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -400.0K -500.0K
YoY Change -20.0% 150.0%
NET CHANGE
Cash From Operating Activities 14.50M 13.50M
Cash From Investing Activities 3.400M -12.60M
Cash From Financing Activities -400.0K -500.0K
Net Change In Cash 17.50M 400.0K
YoY Change 4275.0% -98.18%
FREE CASH FLOW
Cash From Operating Activities $14.50M $13.50M
Capital Expenditures $0.00 -$100.0K
Free Cash Flow $14.50M $13.60M
YoY Change 6.62% -32.34%

Facts In Submission

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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
60044000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
5774000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
2163000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
3047000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
4188000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
74647000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
28976000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
34577000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
55856000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
73620000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
24411000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
29966000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
47489000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
259836000 USD
CY2019Q4 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
-395000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-3584000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-40070000 USD
CY2020Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-43654000 USD
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
-53000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
215734000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-1027000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
74647000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
73620000 USD
CY2020Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
439000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
289793000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
187733000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-3802000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
26880000 USD
CY2019Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
23078000 USD
CY2019Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1083000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
211894000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-4565000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
28976000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
24411000 USD
CY2019Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
127000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
236432000 USD
us-gaap Net Income Loss
NetIncomeLoss
-4611000 USD
us-gaap Net Income Loss
NetIncomeLoss
-8367000 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
142000 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
3092000 USD
cia Net Deferred Policy Acquisition Cost Expense
NetDeferredPolicyAcquisitionCostExpense
3440000 USD
cia Net Deferred Policy Acquisition Cost Expense
NetDeferredPolicyAcquisitionCostExpense
2968000 USD
us-gaap Amortization Of Value Of Business Acquired Voba
AmortizationOfValueOfBusinessAcquiredVOBA
769000 USD
us-gaap Amortization Of Value Of Business Acquired Voba
AmortizationOfValueOfBusinessAcquiredVOBA
837000 USD
us-gaap Depreciation
Depreciation
422000 USD
us-gaap Depreciation
Depreciation
848000 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-4683000 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-7288000 USD
cia Allocated Share Based Compensation Expense Gross
AllocatedShareBasedCompensationExpenseGross
632000 USD
cia Allocated Share Based Compensation Expense Gross
AllocatedShareBasedCompensationExpenseGross
1587000 USD
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-76000 USD
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-94000 USD
us-gaap Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
-569000 USD
us-gaap Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
453000 USD
us-gaap Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
-725000 USD
us-gaap Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
-208000 USD
us-gaap Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
-704000 USD
us-gaap Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
-2768000 USD
us-gaap Increase Decrease In Future Policy Benefit Reserves
IncreaseDecreaseInFuturePolicyBenefitReserves
17593000 USD
us-gaap Increase Decrease In Future Policy Benefit Reserves
IncreaseDecreaseInFuturePolicyBenefitReserves
21629000 USD
us-gaap Increase Decrease In Other Policyholder Funds
IncreaseDecreaseInOtherPolicyholderFunds
4091000 USD
us-gaap Increase Decrease In Other Policyholder Funds
IncreaseDecreaseInOtherPolicyholderFunds
1688000 USD
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
3108000 USD
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
7146000 USD
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-2690000 USD
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-284000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
665000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
3271000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
28552000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
31406000 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
113141000 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
111729000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
2982000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
10414000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
101852000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
48568000 USD
us-gaap Increase Decrease In Equity Securities Fv Ni
IncreaseDecreaseInEquitySecuritiesFvNi
4473000 USD
us-gaap Increase Decrease In Equity Securities Fv Ni
IncreaseDecreaseInEquitySecuritiesFvNi
0 USD
us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
5000 USD
us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
4000 USD
us-gaap Payments For Proceeds From Policy Loans
PaymentsForProceedsFromPolicyLoans
2166000 USD
us-gaap Payments For Proceeds From Policy Loans
PaymentsForProceedsFromPolicyLoans
721000 USD
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
0 USD
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
6996000 USD
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
9140000 USD
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
0 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
38000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
388000 USD
us-gaap Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
1300000 USD
us-gaap Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
7940000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
0 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
2455000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-22819000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-41371000 USD
us-gaap Proceeds From Annuities And Investment Certificates
ProceedsFromAnnuitiesAndInvestmentCertificates
2928000 USD
us-gaap Proceeds From Annuities And Investment Certificates
ProceedsFromAnnuitiesAndInvestmentCertificates
3053000 USD
us-gaap Repayments Of Annuities And Investment Certificates
RepaymentsOfAnnuitiesAndInvestmentCertificates
2245000 USD
us-gaap Repayments Of Annuities And Investment Certificates
RepaymentsOfAnnuitiesAndInvestmentCertificates
3635000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-246000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
437000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-377000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-959000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
6170000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-10924000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
46205000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
45492000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
52375000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
34568000 USD
us-gaap Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
3100000 USD
us-gaap Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
11900000 USD
CY2020Q2 cia Noncashor Part Noncash Acquisition Net Unsettled Security Trades
NoncashorPartNoncashAcquisitionNetUnsettledSecurityTrades
1800000 USD
CY2019Q2 cia Noncashor Part Noncash Acquisition Net Unsettled Security Trades
NoncashorPartNoncashAcquisitionNetUnsettledSecurityTrades
5000000.0 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
12000000.0 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from those estimates.</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Significant estimates include those used in the evaluation of credit allowances on fixed maturity securities, actuarially determined assets and liabilities and assumptions, tests of goodwill impairment, valuation allowance on deferred tax assets, valuation of uncertain tax positions and contingencies relating to litigation and regulatory matters.  Certain of these estimates are particularly sensitive to market conditions, and deterioration and/or volatility in the worldwide debt or equity markets could have a material impact on the consolidated financial statements.</span></div>
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div><span style="background-color:rgb(255,255,255, 0.0);color:#1207c9;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">ACCOUNTING STANDARDS NOT YET ADOPTED</span></div><div><span><br/></span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">In August 2018, the FASB issued ASU No. 2018-12, </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Financial Services-Insurance (Topic 944): Targeted Improvements to the Accounting for Long-Duration Contracts. </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">This ASU amends four key areas of the accounting and impacts disclosures for long-duration insurance and investment contracts:</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-indent:-13.5pt;padding-left:40.5pt;padding-right:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">•</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:10pt;">Requires updated assumptions for liability measurement.</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> Assumptions used to measure the liability for traditional insurance contracts, which are typically determined at contract inception, will now be reviewed at least annually, and, if there is a change, updated, with the effect recorded in net income;</span></div><div style="text-indent:-13.5pt;padding-left:40.5pt;padding-right:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">•</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:10pt;">Standardizes the liability discount rate. </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The liability discount rate will be a market-observable discount rate (upper-medium grade fixed-income instrument yield), with the effect of rate changes recorded in other comprehensive income;</span></div><div style="text-indent:-13.5pt;padding-left:40.5pt;padding-right:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">•</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:10pt;">Provides greater consistency in measurement of market risk benefits.</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> The two previous measurement models have been reduced to one measurement model (fair value), resulting in greater uniformity across similar market-based benefits and better alignment with the fair value measurement of derivatives used to hedge capital market risk;</span></div><div style="text-indent:-13.5pt;padding-left:40.5pt;padding-right:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">•</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:10pt;">Simplifies amortization of deferred acquisition costs.</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> Previous earnings-based amortization methods have been replaced with a more level amortization basis; and</span></div><div style="text-indent:-13.5pt;padding-left:40.5pt;padding-right:36pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">•</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:10pt;">Requires enhanced disclosures.</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> The new disclosures include rollforwards and information about significant assumptions and the effects of changes in those assumptions.</span></div><div style="padding-left:36pt;text-align:justify;"><span><br/></span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">For calendar-year public companies, the changes will be effective on January 1, 2022. In July 2020, the FASB tentatively agreed to defer the original effective date by one year. If finalized, the new guidance will be effective for annual and interim reporting periods beginning January 1, 2023, however early adoption is permitted. The Company is evaluating the impact this guidance will have on our consolidated financial statements. This new guidance is expected to have a material impact on our consolidated financial statements.</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">No other new accounting pronouncement issued or effective during the year had, or is expected to have, a material impact on our consolidated financial statements.</span></div>
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
us-gaap Description Of Nature Of Differences Between Measurements Of Reportable Segments Profits Or Losses And Entitys Profit Or Loss Before Income Tax Expense Or Income And Discontinued Operations
DescriptionOfNatureOfDifferencesBetweenMeasurementsOfReportableSegmentsProfitsOrLossesAndEntitysProfitOrLossBeforeIncomeTaxExpenseOrIncomeAndDiscontinuedOperations
The Company's Other Non-Insurance Enterprises are the only reportable difference between segments and consolidated operations.
CY2020Q2 us-gaap Premiums Earned Net
PremiumsEarnedNet
41496000 USD
CY2020Q2 us-gaap Net Investment Income
NetInvestmentIncome
14915000 USD
CY2020Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
1448000 USD
CY2020Q2 us-gaap Other Income
OtherIncome
482000 USD
CY2020Q2 us-gaap Revenues
Revenues
58341000 USD
CY2020Q2 cia Claims And Surrenders
ClaimsAndSurrenders
27754000 USD
CY2020Q2 us-gaap Liability For Future Policy Benefits Period Expense
LiabilityForFuturePolicyBenefitsPeriodExpense
8237000 USD
CY2020Q2 us-gaap Policyholder Dividends
PolicyholderDividends
1328000 USD
CY2020Q2 us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
37319000 USD
CY2020Q2 us-gaap Insurance Commissions
InsuranceCommissions
6714000 USD
CY2020Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
11139000 USD
CY2020Q2 cia Deferred Policy Acquisition Costs Capitalized Amount
DeferredPolicyAcquisitionCostsCapitalizedAmount
3731000 USD
CY2020Q2 us-gaap Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
6061000 USD
CY2020Q2 us-gaap Amortization Of Value Of Business Acquired Voba
AmortizationOfValueOfBusinessAcquiredVOBA
401000 USD
CY2020Q2 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
57903000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
438000 USD
us-gaap Premiums Earned Net
PremiumsEarnedNet
82813000 USD
us-gaap Net Investment Income
NetInvestmentIncome
30084000 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
142000 USD
us-gaap Other Income
OtherIncome
1024000 USD
us-gaap Revenues
Revenues
114063000 USD
cia Claims And Surrenders
ClaimsAndSurrenders
54203000 USD
us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
74472000 USD
us-gaap Liability For Future Policy Benefits Period Expense
LiabilityForFuturePolicyBenefitsPeriodExpense
17708000 USD
us-gaap Policyholder Dividends
PolicyholderDividends
2561000 USD
us-gaap Insurance Commissions
InsuranceCommissions
14567000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
22612000 USD
cia Deferred Policy Acquisition Costs Capitalized Amount
DeferredPolicyAcquisitionCostsCapitalizedAmount
8740000 USD
us-gaap Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
12180000 USD
us-gaap Amortization Of Value Of Business Acquired Voba
AmortizationOfValueOfBusinessAcquiredVOBA
769000 USD
us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
115860000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-1797000 USD
CY2019Q2 us-gaap Premiums Earned Net
PremiumsEarnedNet
43804000 USD
CY2019Q2 us-gaap Net Investment Income
NetInvestmentIncome
15315000 USD
CY2019Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-2869000 USD
CY2019Q2 us-gaap Other Income
OtherIncome
616000 USD
CY2019Q2 us-gaap Revenues
Revenues
56866000 USD
CY2019Q2 cia Claims And Surrenders
ClaimsAndSurrenders
27024000 USD
CY2019Q2 us-gaap Liability For Future Policy Benefits Period Expense
LiabilityForFuturePolicyBenefitsPeriodExpense
9472000 USD
CY2019Q2 us-gaap Policyholder Dividends
PolicyholderDividends
1423000 USD
CY2019Q2 us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
37919000 USD
CY2020Q1 cia Required Amount To Meet Target Minimum Capital Foreign Regulation
RequiredAmountToMeetTargetMinimumCapitalForeignRegulation
8900000 USD
CY2019Q2 us-gaap Insurance Commissions
InsuranceCommissions
8384000 USD
CY2019Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
11949000 USD
CY2019Q2 cia Deferred Policy Acquisition Costs Capitalized Amount
DeferredPolicyAcquisitionCostsCapitalizedAmount
5412000 USD
CY2019Q2 us-gaap Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
6931000 USD
CY2019Q2 us-gaap Amortization Of Value Of Business Acquired Voba
AmortizationOfValueOfBusinessAcquiredVOBA
418000 USD
CY2019Q2 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
60189000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-3323000 USD
us-gaap Premiums Earned Net
PremiumsEarnedNet
86268000 USD
us-gaap Net Investment Income
NetInvestmentIncome
29111000 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
3092000 USD
us-gaap Other Income
OtherIncome
801000 USD
us-gaap Revenues
Revenues
119272000 USD
cia Claims And Surrenders
ClaimsAndSurrenders
50057000 USD
us-gaap Liability For Future Policy Benefits Period Expense
LiabilityForFuturePolicyBenefitsPeriodExpense
21771000 USD
us-gaap Policyholder Dividends
PolicyholderDividends
2605000 USD
us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
74433000 USD
us-gaap Insurance Commissions
InsuranceCommissions
16268000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
26081000 USD
cia Deferred Policy Acquisition Costs Capitalized Amount
DeferredPolicyAcquisitionCostsCapitalizedAmount
10240000 USD
us-gaap Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
13208000 USD
us-gaap Amortization Of Value Of Business Acquired Voba
AmortizationOfValueOfBusinessAcquiredVOBA
837000 USD
us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
120587000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-1315000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-1027000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-4565000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-1027000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-4565000 USD
us-gaap Net Income Loss
NetIncomeLoss
-4611000 USD
us-gaap Net Income Loss
NetIncomeLoss
-8367000 USD
cia Target Capital Level Foreign Regulation Percent
TargetCapitalLevelForeignRegulationPercent
1.20
CY2020Q2 cia Percent Of Debt Maturity Securities As To Carrying Value
PercentOfDebtMaturitySecuritiesAsToCarryingValue
0.892
CY2020Q2 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
1417317000 USD
CY2020Q2 cia Percent Of Debt Maturity Securities As To Carrying Value
PercentOfDebtMaturitySecuritiesAsToCarryingValue
0.892
CY2019Q4 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
1377959000 USD
CY2019Q4 cia Percent Of Debt Maturity Securities As To Carrying Value
PercentOfDebtMaturitySecuritiesAsToCarryingValue
0.902
CY2020Q2 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
20698000 USD
CY2020Q2 cia Percent Of Equity Securities As To Carrying Value
PercentOfEquitySecuritiesAsToCarryingValue
0.013
CY2019Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
16033000 USD
CY2019Q4 cia Percent Of Equity Securities As To Carrying Value
PercentOfEquitySecuritiesAsToCarryingValue
0.011
CY2020Q2 cia Percentage Of Policy Loans As To Carrying Value
PercentageOfPolicyLoansAsToCarryingValue
0.053
CY2019Q4 cia Percentage Of Policy Loans As To Carrying Value
PercentageOfPolicyLoansAsToCarryingValue
0.054
CY2020Q2 cia Real Estate And Other Long Term Investments
RealEstateAndOtherLongTermInvestments
12023000 USD
CY2020Q2 cia Percentage Of Real Estate And Other Long Term Assets
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0.008
CY2019Q4 cia Real Estate And Other Long Term Investments
RealEstateAndOtherLongTermInvestments
2956000 USD
CY2019Q4 cia Percentage Of Real Estate And Other Long Term Assets
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0.002
CY2020Q2 us-gaap Other Short Term Investments
OtherShortTermInvestments
0 USD
CY2020Q2 cia Percentage Of Short Term Investments As To Carrying Value
PercentageOfShortTermInvestmentsAsToCarryingValue
0
CY2019Q4 us-gaap Other Short Term Investments
OtherShortTermInvestments
1301000 USD
CY2019Q4 cia Percentage Of Short Term Investments As To Carrying Value
PercentageOfShortTermInvestmentsAsToCarryingValue
0.001
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
52375000 USD
CY2020Q2 cia Percentage Of Cash And Cash Equivalents As To Carrying Value
PercentageOfCashAndCashEquivalentsAsToCarryingValue
0.034
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
46205000 USD
CY2019Q4 cia Percentage Of Cash And Cash Equivalents As To Carrying Value
PercentageOfCashAndCashEquivalentsAsToCarryingValue
0.030
CY2020Q2 cia Investments And Short Term And Cash And Cash Equivalents
InvestmentsAndShortTermAndCashAndCashEquivalents
1586584000 USD
CY2020Q2 cia Percentage Of Investments Short Term Cash And Cash Equivalents
PercentageOfInvestmentsShortTermCashAndCashEquivalents
1.000
CY2019Q4 cia Investments And Short Term And Cash And Cash Equivalents
InvestmentsAndShortTermAndCashAndCashEquivalents
1526459000 USD
CY2019Q4 cia Percentage Of Investments Short Term Cash And Cash Equivalents
PercentageOfInvestmentsShortTermCashAndCashEquivalents
1.000
CY2020Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1295628000 USD
CY2020Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
129000000 USD
CY2020Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
7311000 USD
CY2020Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1417317000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1293853000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
85661000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1555000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1377959000 USD
CY2020Q2 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
20698000 USD
CY2019Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
16033000 USD
CY2019Q1 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
5500000 USD
CY2019Q2 cia Impairmentloss Real Estate Portion Recognizedin Earnings
ImpairmentlossRealEstatePortionRecognizedinEarnings
3100000 USD
CY2019Q2 cia Impairmentloss Real Estate Portion Recognizedin Earnings
ImpairmentlossRealEstatePortionRecognizedinEarnings
3100000 USD
CY2019 cia Otherthantemporaryimpairments Losses Investments Portion Not Recognizedin Earnings
OtherthantemporaryimpairmentsLossesInvestmentsPortionNotRecognizedinEarnings
0 USD
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
75437000 USD
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue
75900000 USD
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
104138000 USD
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
110410000 USD
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
224482000 USD
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
243865000 USD
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
891571000 USD
CY2020Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
987142000 USD
CY2020Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1295628000 USD
CY2020Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1417317000 USD
cia Numberof Third Party Pricing Changes
NumberofThirdPartyPricingChanges
0
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
0 USD
CY2020Q2 cia Saleofbondsnumberofavailableforsalesecurities
Saleofbondsnumberofavailableforsalesecurities
5
cia Saleofbondsnumberofavailableforsalesecurities
Saleofbondsnumberofavailableforsalesecurities
6
CY2019Q2 cia Saleofbondsnumberofavailableforsalesecurities
Saleofbondsnumberofavailableforsalesecurities
10
cia Saleofbondsnumberofavailableforsalesecurities
Saleofbondsnumberofavailableforsalesecurities
20
CY2020Q2 cia Numberof Equity Securities Sold
NumberofEquitySecuritiesSold
0
CY2019Q2 cia Numberof Equity Securities Sold
NumberofEquitySecuritiesSold
0
cia Numberof Equity Securities Sold
NumberofEquitySecuritiesSold
0
cia Numberof Equity Securities Sold
NumberofEquitySecuritiesSold
0
CY2020Q2 cia Number Of Private Placement Mortgage Backed Debt Securities In Level3
NumberOfPrivatePlacementMortgageBackedDebtSecuritiesInLevel3
0
CY2020Q2 us-gaap Marketable Securities
MarketableSecurities
1447094000 USD
CY2019Q4 us-gaap Marketable Securities
MarketableSecurities
1393992000 USD
CY2020Q2 cia Percent Of Level2 Debt Maturity To Total Reported Fair Value Of Financial Assets
PercentOfLevel2DebtMaturityToTotalReportedFairValueOfFinancialAssets
0.971
CY2020Q2 us-gaap Debt Instrument Change In Valuation Technique
DebtInstrumentChangeInValuationTechnique
false
CY2019 srt Mortgage Loans On Real Estate Interest Rate
MortgageLoansOnRealEstateInterestRate
0.064
srt Mortgage Loans On Real Estate Interest Rate
MortgageLoansOnRealEstateInterestRate
0.064
cia Mortgage Loan Maturity Lower End Range
MortgageLoanMaturityLowerEndRange
P8Y
cia Mortgage Loan Maturity Higher End Range
MortgageLoanMaturityHigherEndRange
P20Y
cia Mortgage Loans Interest Rate Used To Estimate Fair Value
MortgageLoansInterestRateUsedToEstimateFairValue
0.0625
cia Insurance Policy Loans Interest Rate
InsurancePolicyLoansInterestRate
0.077
CY2019 cia Insurance Policy Loans Interest Rate
InsurancePolicyLoansInterestRate
0.077
CY2020Q2 cia Fair Value Minimum Interest Rate Of Investment Contract
FairValueMinimumInterestRateOfInvestmentContract
0.0040
CY2020Q2 cia Fair Value Maximum Rate Of Investment Contract
FairValueMaximumRateOfInvestmentContract
0.0239
CY2019Q4 cia Fair Value Minimum Interest Rate Of Investment Contract
FairValueMinimumInterestRateOfInvestmentContract
0.0167
CY2019Q4 cia Fair Value Maximum Rate Of Investment Contract
FairValueMaximumRateOfInvestmentContract
0.0302
CY2018Q3 cia Novation Date
NovationDate
2018-07-01
cia Totalcoststoremediate Irc Section7702issue
TotalcoststoremediateIRCSection7702issue
10000000.0 USD
CY2020Q2 cia Subpart F Income
SubpartFIncome
700000 USD
cia Subpart F Income
SubpartFIncome
1400000 USD
CY2020Q2 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
92000 USD
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019Q2 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-698000 USD
CY2019Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020Q2 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-489000 USD
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-1.116
CY2019Q2 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-196000 USD
CY2019Q2 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.059
CY2020Q2 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-38000 USD
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
-0.087
CY2019Q2 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-59000 USD
CY2019Q2 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.018
CY2020Q2 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
229000 USD
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.523
CY2019Q2 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-55000 USD
CY2019Q2 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.017
CY2020Q2 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-83000 USD
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
-0.189
CY2019Q2 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
0 USD
CY2019Q2 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0
CY2020Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
1028000 USD
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies Domestic
EffectiveIncomeTaxRateReconciliationTaxContingenciesDomestic
2.347
CY2019Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
1224000 USD
CY2019Q2 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies Domestic
EffectiveIncomeTaxRateReconciliationTaxContingenciesDomestic
-0.368
CY2020Q2 cia Subpart F Income
SubpartFIncome
717000 USD
CY2020Q2 cia Subpart F Income Percent
SubpartFIncomePercent
1.637
CY2019Q2 cia Subpart F Income
SubpartFIncome
884000 USD
CY2019Q2 cia Subpart F Income Percent
SubpartFIncomePercent
-0.266
CY2020Q2 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
9000 USD
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.021
CY2019Q2 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
142000 USD
CY2019Q2 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.043
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1465000 USD
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
3.346
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1242000 USD
CY2019Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.373
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-377000 USD
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-276000 USD
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-1039000 USD
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.578
us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-111000 USD
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.084
us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-78000 USD
us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.043
us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-118000 USD
us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.090
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
846000 USD
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.471
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
3264000 USD
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-2.482
us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-88000 USD
us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.049
us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
0 USD
us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0
us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
2043000 USD
us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies Domestic
EffectiveIncomeTaxRateReconciliationTaxContingenciesDomestic
-1.137
us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
2416000 USD
us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies Domestic
EffectiveIncomeTaxRateReconciliationTaxContingenciesDomestic
-1.837
cia Subpart F Income
SubpartFIncome
1392000 USD
cia Subpart F Income Percent
SubpartFIncomePercent
-0.775
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2814000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7052000 USD
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EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.214
cia Subpart F Income
SubpartFIncome
1595000 USD
cia Subpart F Income Percent
SubpartFIncomePercent
-1.214
us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
115000 USD
us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.064
us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
282000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2814000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-1.567
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7052000 USD
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EffectiveIncomeTaxRateContinuingOperations
-5.363
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2890000 USD
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
7146000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-76000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-94000 USD
CY2020Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Policyholder Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsPolicyholderLiabilities
2689000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Policyholder Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsPolicyholderLiabilities
2641000 USD
CY2020Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
160000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
230000 USD
CY2020Q2 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
644000 USD
CY2019Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
702000 USD
CY2020Q2 cia Deferred Intercompany Loss Deferred Tax Asset
DeferredIntercompanyLossDeferredTaxAsset
2901000 USD
CY2019Q4 cia Deferred Intercompany Loss Deferred Tax Asset
DeferredIntercompanyLossDeferredTaxAsset
3539000 USD
CY2020Q2 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
482000 USD
CY2019Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
0 USD
CY2020Q2 cia Deferred Tax Asset Lease Asset
DeferredTaxAssetLeaseAsset
2627000 USD
CY2019Q4 cia Deferred Tax Asset Lease Asset
DeferredTaxAssetLeaseAsset
238000 USD
CY2020Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
442000 USD
CY2019Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
700000 USD
CY2020Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
9945000 USD
CY2019Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
8050000 USD
CY2020Q2 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
2627000 USD
CY2020Q2 us-gaap Deferred Tax Liabilities Deferred Expense Other Capitalized Costs
DeferredTaxLiabilitiesDeferredExpenseOtherCapitalizedCosts
8390000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Deferred Expense Other Capitalized Costs
DeferredTaxLiabilitiesDeferredExpenseOtherCapitalizedCosts
8417000 USD
CY2020Q2 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
10101000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
7300000 USD
CY2020Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
4110000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
4483000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
238000 USD
CY2020Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
37000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
40000 USD
CY2020Q2 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
25265000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
20478000 USD
CY2020Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
15320000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
12428000 USD
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
12500000 USD
CY2020Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y7M6D
CY2020Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
300000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
700000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
739000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1414000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1274000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1273000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1305000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
8160000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
14165000 USD
cia Operating Lease Interest Expense
OperatingLeaseInterestExpense
1659000 USD
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
12506000 USD
CY2020Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
12000000.0 USD
cia Totalcoststoremediate Irc Section7702issue
TotalcoststoremediateIRCSection7702issue
10000000.0 USD

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0000024090-20-000034.txt Edgar Link pending
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cia-20200630.htm Edgar Link pending
cia-20200630.xsd Edgar Link pending
cia-20200630_cal.xml Edgar Link unprocessable
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