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Protective Insurance Corporation: 10-K filed 2018-03-13

What Protective Insurance Corporation reported in its annual report filed 2018-03-13 (fiscal FY 2017): 25 published measures, 84 facts as tagged in accession 0000009346-18-000017.

This filing

Form
10-K (annual report)
Filed
2018-03-13
Fiscal period
fiscal FY 2017
Accession
0000009346-18-000017 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; a measure with a published history links to it, and the history shows the latest-filed value per period. All Protective Insurance Corporation filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2017-12-311,357,016,000USD
At 2016-12-311,154,137,000USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2017-12-31938,205,000USD
At 2016-12-31749,792,000USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2017-12-31418,811,000USD
At 2016-12-31404,345,000USD
At 2015-12-31394,498,000USD
At 2014-12-31399,496,000USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2017-12-3164,680,000USD
At 2016-12-3162,976,000USD
At 2015-12-3173,538,000USD
At 2014-12-3164,632,000USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2017-10-01 to 2017-12-3116,476,000USD92
2017-01-01 to 2017-12-3118,323,000USD365
2017-07-01 to 2017-09-307,434,000USD92
2017-04-01 to 2017-06-30-12,343,000USD91
2017-01-01 to 2017-03-316,756,000USD90
2016-10-01 to 2016-12-314,864,000USD92
2016-01-01 to 2016-12-3128,945,000USD366
2016-07-01 to 2016-09-304,001,000USD92
2016-04-01 to 2016-06-305,969,000USD91
2016-01-01 to 2016-03-3114,112,000USD91
2015-01-01 to 2015-12-3123,283,000USD365

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2017-01-01 to 2017-12-3193,711,000USD365
2016-01-01 to 2016-12-3132,368,000USD366
2015-01-01 to 2015-12-3138,197,000USD365

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2017-01-01 to 2017-12-316,661,000USD365
2016-01-01 to 2016-12-317,725,000USD366
2015-01-01 to 2015-12-317,662,000USD365

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2017-01-01 to 2017-12-31371,234,000USD365
2016-01-01 to 2016-12-31318,997,000USD366
2015-01-01 to 2015-12-31280,275,000USD365

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2017-01-01 to 2017-12-31-18,182,000USD365
2016-01-01 to 2016-12-31-15,803,000USD366
2015-01-01 to 2015-12-31-15,003,000USD365

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2017-01-01 to 2017-12-31-74,347,000USD365
2016-01-01 to 2016-12-31-27,362,000USD366
2015-01-01 to 2015-12-31-12,832,000USD365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2017-12-31316,700,000USD
At 2016-12-31316,195,000USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2017-01-01 to 2017-12-3115,065,216shares365
2016-01-01 to 2016-12-3115,071,900shares366
2015-01-01 to 2015-12-3115,010,454shares365

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2017-01-01 to 2017-12-3115,107,436shares365
2016-01-01 to 2016-12-3115,084,008shares366
2015-01-01 to 2015-12-3115,021,762shares365

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2017-10-01 to 2017-12-311.1USD/shares92
2017-07-01 to 2017-09-300.49USD/shares92
2017-04-01 to 2017-06-30-0.82USD/shares91
2017-01-01 to 2017-03-310.45USD/shares90
2016-10-01 to 2016-12-310.32USD/shares92
2016-07-01 to 2016-09-300.27USD/shares92
2016-04-01 to 2016-06-300.4USD/shares91
2016-01-01 to 2016-03-310.94USD/shares91

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2017-01-01 to 2017-12-31-8,201,000USD365
2016-01-01 to 2016-12-3114,109,000USD366
2015-01-01 to 2015-12-3110,669,000USD365

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2017-12-3147,317,000USD
At 2016-12-3147,225,000USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2017-01-01 to 2017-12-311,154,000USD365
2016-01-01 to 2016-12-311,343,000USD366
2015-01-01 to 2015-12-311,094,000USD365

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

PeriodValueUnitDays
2017-01-01 to 2017-12-311,880,000USD365
2016-01-01 to 2016-12-310USD366
2015-01-01 to 2015-12-310USD365

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2017-01-01 to 2017-12-3128,977,000USD365
2016-01-01 to 2016-12-3129,685,000USD366
2015-01-01 to 2015-12-3126,621,000USD365

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2017-12-3146,391,000USD
At 2016-12-3133,220,000USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2017-12-3116,614,000USD
At 2016-12-3115,328,000USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2017-01-01 to 2017-12-3110,122,000USD365
2016-01-01 to 2016-12-3143,054,000USD366
2015-01-01 to 2015-12-3133,952,000USD365

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2017-01-01 to 2017-12-31-3,866,000USD365
2016-01-01 to 2016-12-312,838,000USD366
2015-01-01 to 2015-12-31-1,819,000USD365

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2017-01-01 to 2017-12-31456,000USD365
2016-01-01 to 2016-12-31309,000USD366
2015-01-01 to 2015-12-31286,000USD365

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2017-01-01 to 2017-12-310USD365
2016-01-01 to 2016-12-3110,173,000USD366
2015-01-01 to 2015-12-3114,500,000USD365

Inspect the source

Entity
Protective Insurance Corporation / CIK 0000009346
Captured
SEC response SHA-256
80592e001838e3360761d432da9d61da61b6e9e2be3b1efaf864883e3878e813

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000009346.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))