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Consolidated Statements of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Operating Activities  
Net income including noncontrolling interest in subsidiaries$ 116,459$ 140,533
Adjustments to Reconcile Net Income to Net Cash Provided by Operating  
Amortization of deferred sales commissions5,9999,274
Depreciation and other amortization11,30116,074
Share-based compensation expense14,46414,703
Gain on disposal of assets(2,443)(663)
Provision for deferred income taxes13,47014,003
Fair-value adjustments for contingent liabilities9000
Tax benefit from share-based compensation1281,536
Excess tax benefits from share-based compensation(1,447)(2,702)
Impairment of assets06,956
Net purchases of trading securities(7,823)(3,448)
Deferred sales commissions paid(6,765)(8,095)
Contingent deferred sales charges received1,1911,761
Proceeds from sale of certain B-share - related future revenue01,223
Other changes in assets and liabilities:  
Decrease (increase) in receivables, net2,495(885)
Decrease in prepaid expenses and other assets2,68014,426
Decrease in accounts payable and accrued expenses(16,962)(17,203)
Increase in income taxes payable1,5691,079
Increase (decrease) in other liabilities9,756(17,581)
Net cash provided by operating activities144,972170,991
Investing Activities  
Purchases of securities available for sale(72,108)(58,202)
Cash paid for business acquisitions(47,975)(46,127)
Cash paid for property and equipment(6,820)(5,126)
Cash paid for purchased loans0(44,343)
Proceeds from disposal of property and equipment03,298
Proceeds from redemptions of securities avaliable for sale26,79545,402
Net cash used by investing activities(100,108)(105,098)
Financing Activities  
Dividends paid(75,061)(203,951)
Purchases of treasury stock(19,867)(9,289)
Distributions to noncontrolling interests in subsidiaries(1,521)(9,670)
Contributions from noncontrolling interests in subsidiaries6,5117,467
Proceeds from shareholders for share-based compensation15,153683
Excess tax benefits from share-based compensation1,4472,702
Proceeds from new borrowings - recourse0407,000
Proceeds from new borrowings - nonrecourse0271
Payments on debt - recourse(31,875)(118,625)
Payments on debt - nonrecourse(3,775)(7,383)
Other financing activities(1,836)(2,866)
Net cash (used) provided by financing activities(110,824)66,339
Net (decrease) increase in cash and cash equivalents(65,960)132,232
Cash and cash equivalents, beginning of period198,75690,452
Cash and cash equivalents, end of period$ 132,796$ 222,684