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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash Flows From Operating Activities    
Net income $ 22,393 $ 19,184
Adjustments to reconcile net income to net cash provided by operating activities    
Net accretion of bond premium 3,981 3,520
Depreciation and amortization 1,785 2,285
Stock-based compensation expense 411 396
Net realized investment gains (1,909) (2,794)
Net cash flows from trading investments 46 (1,343)
Deferred income tax expense 460 5,011
Changes in:    
Accrued investment income 296 (344)
Premiums receivable (19,631) (14,560)
Deferred policy acquisition costs (2,917) 1,526
Reinsurance receivables (5,741) (23,199)
Prepaid reinsurance premiums (255) 2,650
Income taxes receivable 14,150 3,926
Other assets 1,013 2,691
Future policy benefits and losses, claims and loss settlement expenses 6,364 20,596
Unearned premiums 14,670 15,228
Accrued expenses and other liabilities (5,068) 5,721
Deferred income taxes 1,665 (3,409)
Other, net 31 (1,200)
Total adjustments 9,351 16,701
Net cash provided by operating activities 31,744 35,885
Cash Flows From Investing Activities    
Proceeds from sale of available-for-sale investments 2,810 3,000
Proceeds from call and maturity of held-to-maturity investments 19 75
Proceeds from call and maturity of available-for-sale investments 127,514 149,285
Proceeds from short-term and other investments 407 2,590
Purchase of available-for-sale investments (142,615) (252,345)
Purchase of short-term and other investments (900) (2,950)
Net purchases and sales of property and equipment (386) (893)
Net cash used in investing activities (13,151) (101,238)
Cash Flows From Financing Activities    
Deposits to investment and universal life contracts 25,369 40,390
Withdrawals from investment and universal life contracts (46,219) (33,743)
Repayment of trust preferred securities 0 (8,047)
Payment of cash dividends (3,786) (3,826)
Issuance of common stock 603 43
Tax impact from issuance of common stock (78) 9
Net cash used in financing activities (24,111) (5,174)
Net Change in Cash and Cash Equivalents (5,518) (70,527)
Cash and Cash Equivalents at Beginning of Period 107,466 144,527
Cash and Cash Equivalents at End of Period $ 101,948 $ 74,000