2022 Q2 Form 10-Q Financial Statement

#000002409022000085 Filed on August 04, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 Q1 2021 Q4
Revenue $53.73M $55.36M $69.92M
YoY Change -15.46% -0.23% 7.62%
Cost Of Revenue $37.99M $36.36M
YoY Change 2.51% -2.08%
Gross Profit $15.74M $19.00M
YoY Change -40.59% 3.51%
Gross Profit Margin 29.3% 34.32%
Selling, General & Admin $11.92M $12.38M $11.69M
YoY Change -8.19% -2.42% -11.69%
% of Gross Profit 75.68% 65.17%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.970M $153.0K $433.0K
YoY Change -1.71% -50.32% -63.92%
% of Gross Profit 37.92% 0.81%
Operating Expenses $57.36M $56.33M $64.11M
YoY Change -1.03% -3.26% -4.77%
Operating Profit -$41.62M -$37.33M
YoY Change 32.3% -6.38%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$3.629M -$974.0K -$6.813M
YoY Change -164.8% -64.56% 189.91%
Income Tax -$81.00K $359.0K -$44.95M
% Of Pretax Income
Net Earnings -$3.548M -$1.333M $38.14M
YoY Change -170.65% -62.69% 2379.65%
Net Earnings / Revenue -6.6% -2.41% 54.54%
Basic Earnings Per Share
Diluted Earnings Per Share -$70.43K -$26.53K $708.9K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q2 2022 Q1 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $22.41M $21.30M $27.29M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $13.69M $14.09M $14.07M
YoY Change -8.29% -10.18% -13.72%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.394B $1.513B $1.623B
YoY Change -12.72% -1.97% 0.07%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.619B $1.733B $1.855B
YoY Change -10.75% -2.73% 0.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $84.47M $84.64M $80.74M
YoY Change -33.07% -32.34% -36.43%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $29.48M $31.31M $28.78M
YoY Change -3.81% -10.04% -35.76%
Total Long-Term Liabilities $29.48M $31.31M $28.78M
YoY Change -3.81% -10.04% -35.76%
TOTAL LIABILITIES
Total Short-Term Liabilities $84.47M $84.64M $80.74M
Total Long-Term Liabilities $29.48M $31.31M $28.78M
Total Liabilities $1.543B $1.536B $1.534B
YoY Change -0.14% -0.31% -0.55%
SHAREHOLDERS EQUITY
Retained Earnings -$50.45M -$46.90M -$45.57M
YoY Change -37.65% -45.42% -44.67%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $21.40M $20.10M $20.10M
YoY Change 6.47% 82.55% 82.55%
Treasury Stock Shares
Shareholders Equity $76.24M $196.9M $320.6M
YoY Change
Total Liabilities & Shareholders Equity $1.619B $1.733B $1.855B
YoY Change -10.75% -2.73% 0.6%

Cashflow Statement

Concept 2022 Q2 2022 Q1 2021 Q4
OPERATING ACTIVITIES
Net Income -$3.548M -$1.333M $38.14M
YoY Change -170.65% -62.69% 2379.65%
Depreciation, Depletion And Amortization $5.970M $153.0K $433.0K
YoY Change -1.71% -50.32% -63.92%
Cash From Operating Activities $10.21M $12.14M $16.68M
YoY Change 42.2% 571.09% 12.74%
INVESTING ACTIVITIES
Capital Expenditures -$17.00K $34.00K -$160.0K
YoY Change -97.8% 126.67% 60.0%
Acquisitions
YoY Change
Other Investing Activities -$8.048M -$19.82M -$21.51M
YoY Change -303.13% 167.77% -4.4%
Cash From Investing Activities -$8.065M -$19.85M -$21.67M
YoY Change -352.9% 169.32% -4.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.788M
YoY Change -80.35%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.033M $1.713M 2.192M
YoY Change -415.9% -118.87% -648.0%
NET CHANGE
Cash From Operating Activities 10.21M $12.14M 16.68M
Cash From Investing Activities -8.065M -$19.85M -21.67M
Cash From Financing Activities -1.033M $1.713M 2.192M
Net Change In Cash 1.109M -$5.996M -2.793M
YoY Change -89.63% -59.04% -65.94%
FREE CASH FLOW
Cash From Operating Activities $10.21M $12.14M $16.68M
Capital Expenditures -$17.00K $34.00K -$160.0K
Free Cash Flow $10.22M $12.11M $16.84M
YoY Change 28.59% 574.8% 13.05%

Facts In Submission

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UnrealizedHoldingLossesArisingDuringthePeriodLessEffectsofDACandCCRABeforeTax
24142000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
24000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-46000 usd
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-35000 usd
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-11000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-120958000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
31802000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-254241000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-4735000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-346000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-13801000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
239000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-116223000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
32148000 usd
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
37170000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-240440000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-24370000 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-119771000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-245321000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-22921000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
320571000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-1333000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-124217000 usd
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-125550000 usd
CY2022Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1788000 usd
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
93000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
196902000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-3548000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-116223000 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-119771000 usd
CY2022Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
455000 usd
CY2022Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1300000 usd
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
-47000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
76239000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
300945000 usd
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-3573000 usd
CY2021Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-56518000 usd
CY2021Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-60091000 usd
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
-14000 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
240840000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
5022000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
32148000 usd
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
37170000 usd
CY2021Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
9090000 usd
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
205000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
269125000 usd
us-gaap Net Income Loss
NetIncomeLoss
-4881000 usd
us-gaap Net Income Loss
NetIncomeLoss
1449000 usd
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-5598000 usd
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
5151000 usd
cia Net Deferred Policy Acquisition Cost Expense
NetDeferredPolicyAcquisitionCostExpense
822000 usd
cia Net Deferred Policy Acquisition Cost Expense
NetDeferredPolicyAcquisitionCostExpense
1485000 usd
us-gaap Amortization Of Value Of Business Acquired Voba
AmortizationOfValueOfBusinessAcquiredVOBA
499000 usd
us-gaap Amortization Of Value Of Business Acquired Voba
AmortizationOfValueOfBusinessAcquiredVOBA
676000 usd
us-gaap Depreciation
Depreciation
288000 usd
us-gaap Depreciation
Depreciation
761000 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-2658000 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-2715000 usd
cia Allocated Share Based Compensation Expense Gross
AllocatedShareBasedCompensationExpenseGross
150000 usd
cia Allocated Share Based Compensation Expense Gross
AllocatedShareBasedCompensationExpenseGross
306000 usd
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
238000 usd
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-141000 usd
us-gaap Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
300000 usd
us-gaap Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
164000 usd
us-gaap Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
-2113000 usd
us-gaap Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
-931000 usd
us-gaap Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
-1210000 usd
us-gaap Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
-1973000 usd
us-gaap Increase Decrease In Future Policy Benefit Reserves
IncreaseDecreaseInFuturePolicyBenefitReserves
15861000 usd
us-gaap Increase Decrease In Future Policy Benefit Reserves
IncreaseDecreaseInFuturePolicyBenefitReserves
11432000 usd
us-gaap Increase Decrease In Other Policyholder Funds
IncreaseDecreaseInOtherPolicyholderFunds
-571000 usd
us-gaap Increase Decrease In Other Policyholder Funds
IncreaseDecreaseInOtherPolicyholderFunds
6891000 usd
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-255000 usd
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
1555000 usd
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
246000 usd
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-14494000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
1329000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
1246000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
22347000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
8978000 usd
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
64689000 usd
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
48106000 usd
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
28828000 usd
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
7254000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
18234000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
29574000 usd
us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
95000 usd
us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
5000 usd
us-gaap Payments For Proceeds From Policy Loans
PaymentsForProceedsFromPolicyLoans
-1721000 usd
us-gaap Payments For Proceeds From Policy Loans
PaymentsForProceedsFromPolicyLoans
-2697000 usd
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
2699000 usd
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
17341000 usd
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
14746000 usd
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
12203000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
51000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
773000 usd
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
5000 usd
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
0 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-27914000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4211000 usd
us-gaap Proceeds From Annuities And Investment Certificates
ProceedsFromAnnuitiesAndInvestmentCertificates
4160000 usd
us-gaap Proceeds From Annuities And Investment Certificates
ProceedsFromAnnuitiesAndInvestmentCertificates
4793000 usd
us-gaap Repayments Of Annuities And Investment Certificates
RepaymentsOfAnnuitiesAndInvestmentCertificates
4319000 usd
us-gaap Repayments Of Annuities And Investment Certificates
RepaymentsOfAnnuitiesAndInvestmentCertificates
4113000 usd
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
1300000 usd
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
9090000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2244000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-105000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-363000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
680000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-8773000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-4887000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-4006000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
27294000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
34131000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22407000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30125000 usd
us-gaap Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
6100000 usd
us-gaap Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
6400000 usd
CY2022Q2 cia Noncashor Part Noncash Acquisition Net Unsettled Security Trades
NoncashorPartNoncashAcquisitionNetUnsettledSecurityTrades
-3300000 usd
CY2021Q2 cia Noncashor Part Noncash Acquisition Net Unsettled Security Trades
NoncashorPartNoncashAcquisitionNetUnsettledSecurityTrades
-900000 usd
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
400000 usd
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
0 usd
us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify"><span style="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="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 and valuation allowance on deferred tax assets.  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 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 is the only reportable difference between segments and consolidated operations.
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2022Q2 us-gaap Premiums Earned Net
PremiumsEarnedNet
42224000 usd
CY2022Q2 us-gaap Net Investment Income
NetInvestmentIncome
15892000 usd
CY2022Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-5016000 usd
CY2022Q2 us-gaap Other Income
OtherIncome
634000 usd
CY2022Q2 us-gaap Revenues
Revenues
53734000 usd
CY2022Q2 cia Claims And Surrenders
ClaimsAndSurrenders
27097000 usd
CY2022Q2 us-gaap Liability For Future Policy Benefits Period Expense
LiabilityForFuturePolicyBenefitsPeriodExpense
9378000 usd
CY2022Q2 us-gaap Policyholder Dividends
PolicyholderDividends
1515000 usd
CY2022Q2 us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
37990000 usd
CY2022Q2 us-gaap Insurance Commissions
InsuranceCommissions
8924000 usd
CY2022Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
10400000 usd
CY2022Q2 cia Deferred Policy Acquisition Costs Capitalized Amount
DeferredPolicyAcquisitionCostsCapitalizedAmount
6184000 usd
CY2022Q2 us-gaap Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
5970000 usd
CY2022Q2 us-gaap Amortization Of Value Of Business Acquired Voba
AmortizationOfValueOfBusinessAcquiredVOBA
263000 usd
CY2022Q2 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
57363000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3629000 usd
us-gaap Premiums Earned Net
PremiumsEarnedNet
81588000 usd
us-gaap Net Investment Income
NetInvestmentIncome
31379000 usd
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-5598000 usd
us-gaap Other Income
OtherIncome
1722000 usd
us-gaap Revenues
Revenues
109091000 usd
cia Claims And Surrenders
ClaimsAndSurrenders
55531000 usd
us-gaap Liability For Future Policy Benefits Period Expense
LiabilityForFuturePolicyBenefitsPeriodExpense
15947000 usd
us-gaap Policyholder Dividends
PolicyholderDividends
2868000 usd
us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
74346000 usd
us-gaap Insurance Commissions
InsuranceCommissions
16597000 usd
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
21430000 usd
cia Deferred Policy Acquisition Costs Capitalized Amount
DeferredPolicyAcquisitionCostsCapitalizedAmount
10965000 usd
us-gaap Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
11787000 usd
us-gaap Amortization Of Value Of Business Acquired Voba
AmortizationOfValueOfBusinessAcquiredVOBA
499000 usd
us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
113694000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-4603000 usd
CY2021Q2 us-gaap Premiums Earned Net
PremiumsEarnedNet
42826000 usd
CY2021Q2 us-gaap Net Investment Income
NetInvestmentIncome
15320000 usd
CY2021Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
4859000 usd
CY2021Q2 us-gaap Other Income
OtherIncome
553000 usd
CY2021Q2 us-gaap Revenues
Revenues
63558000 usd
CY2021Q2 cia Claims And Surrenders
ClaimsAndSurrenders
29296000 usd
CY2021Q2 us-gaap Liability For Future Policy Benefits Period Expense
LiabilityForFuturePolicyBenefitsPeriodExpense
6287000 usd
CY2021Q2 us-gaap Policyholder Dividends
PolicyholderDividends
1475000 usd
CY2021Q2 us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
37058000 usd
CY2021Q2 us-gaap Insurance Commissions
InsuranceCommissions
8801000 usd
CY2021Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
11503000 usd
CY2021Q2 cia Deferred Policy Acquisition Costs Capitalized Amount
DeferredPolicyAcquisitionCostsCapitalizedAmount
5787000 usd
CY2021Q2 us-gaap Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
6074000 usd
CY2021Q2 us-gaap Amortization Of Value Of Business Acquired Voba
AmortizationOfValueOfBusinessAcquiredVOBA
309000 usd
CY2021Q2 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
57958000 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5600000 usd
us-gaap Premiums Earned Net
PremiumsEarnedNet
81858000 usd
us-gaap Net Investment Income
NetInvestmentIncome
30564000 usd
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
5151000 usd
us-gaap Other Income
OtherIncome
1468000 usd
us-gaap Revenues
Revenues
119041000 usd
cia Claims And Surrenders
ClaimsAndSurrenders
59885000 usd
us-gaap Liability For Future Policy Benefits Period Expense
LiabilityForFuturePolicyBenefitsPeriodExpense
11519000 usd
us-gaap Policyholder Dividends
PolicyholderDividends
2781000 usd
us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
74185000 usd
us-gaap Insurance Commissions
InsuranceCommissions
16958000 usd
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
22885000 usd
cia Deferred Policy Acquisition Costs Capitalized Amount
DeferredPolicyAcquisitionCostsCapitalizedAmount
10772000 usd
us-gaap Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
12257000 usd
us-gaap Amortization Of Value Of Business Acquired Voba
AmortizationOfValueOfBusinessAcquiredVOBA
676000 usd
us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
116189000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2852000 usd
CY2004Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
127000000 shares
cia Class Of Common Stock
ClassOfCommonStock
2
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-3548000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
5022000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-3548000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
5022000 usd
us-gaap Net Income Loss
NetIncomeLoss
-4881000 usd
cia Minimum Capital Level Percent
MinimumCapitalLevelPercent
1.20
us-gaap Net Income Loss
NetIncomeLoss
1449000 usd
us-gaap Net Income Loss
NetIncomeLoss
-4881000 usd
us-gaap Net Income Loss
NetIncomeLoss
1449000 usd
us-gaap Statutory Accounting Practices Risk Based Capital Requirements Compliance Assertion
StatutoryAccountingPracticesRiskBasedCapitalRequirementsComplianceAssertion
All insurance subsidiaries exceeded the minimum capital requirements
CY2021Q2 cia Maximum Capital Contribution
MaximumCapitalContribution
10000000 usd
CY2022Q2 cia Percent Of Debt Maturity Securities As To Carrying Value
PercentOfDebtMaturitySecuritiesAsToCarryingValue
0.874
CY2022Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1237004000 usd
CY2022Q2 cia Percent Of Debt Maturity Securities As To Carrying Value
PercentOfDebtMaturitySecuritiesAsToCarryingValue
0.874
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1470617000 usd
CY2021Q4 cia Percent Of Debt Maturity Securities As To Carrying Value
PercentOfDebtMaturitySecuritiesAsToCarryingValue
0.890
CY2022Q2 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
12711000 usd
CY2022Q2 cia Percent Of Equity Securities As To Carrying Value
PercentOfEquitySecuritiesAsToCarryingValue
0.009
CY2021Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
14844000 usd
CY2021Q4 cia Percent Of Equity Securities As To Carrying Value
PercentOfEquitySecuritiesAsToCarryingValue
0.009
CY2022Q2 cia Percentage Of Policy Loans As To Carrying Value
PercentageOfPolicyLoansAsToCarryingValue
0.055
CY2021Q4 cia Percentage Of Policy Loans As To Carrying Value
PercentageOfPolicyLoansAsToCarryingValue
0.049
CY2022Q2 us-gaap Other Long Term Investments
OtherLongTermInvestments
66002000 usd
CY2022Q2 cia Percent Of Other Long Term Investments As To Carrying Value
PercentOfOtherLongTermInvestmentsAsToCarryingValue
0.047
CY2021Q4 us-gaap Other Long Term Investments
OtherLongTermInvestments
57399000 usd
CY2021Q4 cia Percent Of Other Long Term Investments As To Carrying Value
PercentOfOtherLongTermInvestmentsAsToCarryingValue
0.035
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CY2022Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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5000 usd
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EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
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OtherComprehensiveIncomeLossEffectsOfDeferredPolicyAcquisitionCostBeforeTax
810000 usd
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OtherComprehensiveIncomeLossEffectsOfDeferredPolicyAcquisitionCostsTax
170000 usd
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640000 usd
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OtherComprehensiveIncomeLossEffectsOfDeferredPolicyAcquisitionCostBeforeTax
-21492000 usd
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CY2022Q2 cia Other Comprehensive Income Loss Effect Of Cost Of Insurance Acquired Before Tax
OtherComprehensiveIncomeLossEffectOfCostOfInsuranceAcquiredBeforeTax
291000 usd
CY2022Q2 cia Other Comprehensive Income Loss Effects Of Cost Of Insurance Acquired Tax
OtherComprehensiveIncomeLossEffectsOfCostOfInsuranceAcquiredTax
61000 usd
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OtherComprehensiveIncomeLossEffectsOfCostOfInsuranceAcquiredNetOfTax
230000 usd
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OtherComprehensiveIncomeLossEffectOfCostOfInsuranceAcquiredBeforeTax
8000 usd
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OtherComprehensiveIncomeLossEffectsOfCostOfInsuranceAcquiredTax
2000 usd
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OtherComprehensiveIncomeLossEffectsOfCostOfInsuranceAcquiredNetOfTax
6000 usd
CY2022Q2 cia Other Comprehensive Income Loss Effect Of Future Policy Benefit Reserves Before Tax
OtherComprehensiveIncomeLossEffectOfFuturePolicyBenefitReservesBeforeTax
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CY2022Q2 cia Other Comprehensive Income Loss Effects Of Future Policy Benefit Reserves Tax
OtherComprehensiveIncomeLossEffectsOfFuturePolicyBenefitReservesTax
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CY2022Q2 cia Other Comprehensive Income Loss Effects Of Future Policy Benefit Reserves Net Of Tax
OtherComprehensiveIncomeLossEffectsOfFuturePolicyBenefitReservesNetOfTax
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CY2021Q2 cia Other Comprehensive Income Loss Effect Of Future Policy Benefit Reserves Before Tax
OtherComprehensiveIncomeLossEffectOfFuturePolicyBenefitReservesBeforeTax
6000 usd
CY2021Q2 cia Other Comprehensive Income Loss Effects Of Future Policy Benefit Reserves Tax
OtherComprehensiveIncomeLossEffectsOfFuturePolicyBenefitReservesTax
1000 usd
CY2021Q2 cia Other Comprehensive Income Loss Effects Of Future Policy Benefit Reserves Net Of Tax
OtherComprehensiveIncomeLossEffectsOfFuturePolicyBenefitReservesNetOfTax
5000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
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CY2022Q2 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
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31802000 usd
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
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OtherComprehensiveIncomeLossEffectsOfDeferredPolicyAcquisitionCostBeforeTax
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OtherComprehensiveIncomeLossEffectsOfDeferredPolicyAcquisitionCostsTax
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OtherComprehensiveIncomeLossEffectsOfDeferredPolicyAcquisitionCostsNetOfTax
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cia Other Comprehensive Income Loss Effects Of Deferred Policy Acquisition Cost Before Tax
OtherComprehensiveIncomeLossEffectsOfDeferredPolicyAcquisitionCostBeforeTax
3706000 usd
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OtherComprehensiveIncomeLossEffectsOfDeferredPolicyAcquisitionCostsTax
2540000 usd
cia Other Comprehensive Income Loss Effects Of Deferred Policy Acquisition Costs Net Of Tax
OtherComprehensiveIncomeLossEffectsOfDeferredPolicyAcquisitionCostsNetOfTax
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OtherComprehensiveIncomeLossEffectOfCostOfInsuranceAcquiredBeforeTax
443000 usd
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OtherComprehensiveIncomeLossEffectsOfCostOfInsuranceAcquiredTax
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OtherComprehensiveIncomeLossEffectsOfFuturePolicyBenefitReservesTax
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OtherComprehensiveIncomeLossEffectOfFuturePolicyBenefitReservesBeforeTax
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