XML 135 R120.htm IDEA: XBRL DOCUMENT v3.20.4
Parent Company Financial Information - Schedule of Parent Company Statements of Cash Flows (Detail) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
OPERATING ACTIVITIES      
Net income $ 286,502 $ 243,600 $ 195,513
Depreciation and amortization 62,803 56,258 53,116
Amortization of debt issuance costs 131    
Equity based compensation 15,120 14,850 11,074
Net tax benefit related to equity compensation plans 345 766 2,364
Changes in other assets and liabilities, net (128,091) (112,563) (18,903)
Net cash provided by operating activities 373,598 339,933 295,696
INVESTING ACTIVITIES      
Net cash used in investing activities (4,491,087) (2,985,161) (1,746,545)
FINANCING ACTIVITIES      
Cash dividends paid (60,281) (59,436) (58,279)
Proceeds from short-term debt 15,000    
Repayment of short-term debt (15,000)    
Proceeds from long-term debt 200,000    
Payment of debt issuance costs (2,250)    
Purchases of treasury stock (63,766) (4,496) (76,507)
Net cash provided by financing activities 5,945,885 2,640,277 1,408,708
Cash and cash equivalents at beginning of period 1,669,170    
Cash and cash equivalents at end of period 3,497,566 1,669,170  
Parent Company [Member]      
OPERATING ACTIVITIES      
Net income 286,502 243,600 195,513
Equity in earnings of subsidiaries (301,415) (270,747) (206,175)
Dividends received from subsidiaries 78,360 56,500 47,250
Depreciation and amortization 15 (78) 486
Amortization of debt issuance costs 131    
Equity based compensation 15,120 14,850 11,073
Net tax benefit related to equity compensation plans 345 766 2,364
Changes in other assets and liabilities, net (2,069) (7,864) (5,994)
Net cash provided by operating activities 76,989 37,027 44,517
INVESTING ACTIVITIES      
Net capital investment in subsidiaries (96,678) (331) (17,961)
Net (increase) decrease in investment securities (29,648) 21 1,062
Net cash used in investing activities (126,326) (310) (16,899)
FINANCING ACTIVITIES      
Cash dividends paid (60,281) (59,436) (58,279)
Proceeds from short-term debt 15,000    
Repayment of short-term debt (15,000)    
Proceeds from long-term debt 200,000    
Payment of debt issuance costs (2,250)    
Proceeds from exercise of stock options and sales of treasury stock 5,186 4,637 12,318
Purchases of treasury stock (63,766) (4,496) (76,507)
Net cash provided by financing activities 78,889 (59,295) (122,468)
Net increase (decrease) in cash 29,552 (22,578) (94,850)
Cash and cash equivalents at beginning of period 143,193 165,771 260,621
Cash and cash equivalents at end of period $ 172,745 $ 143,193 $ 165,771