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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities:    
Net income $ 17,620 $ 20,387
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation 2,085 389
Net amortization of discount and premiums on investments in fixed-maturity securities 206 76
Depreciation and amortization 1,203 619
Deferred income tax benefits (832) (1,178)
Net realized investment gains (4) (20)
Gain on sale of other investment (1)   
Foreign currency remeasurement (gain) loss (15) 10
Changes in operating assets and liabilities:    
Premiums receivable (3,359) (6,483)
Advance premiums 13,063 11,876
Prepaid reinsurance premiums 12,849 (6,923)
Accrued interest and dividends receivable (205) 103
Other assets (3,036) (432)
Assumed reinsurance balances payable (3,666) (386)
Deferred policy acquisition costs (113) (1,790)
Losses and loss adjustment expenses (89) 583
Unearned premiums (14,948) (13,298)
Income taxes payable 8,049 4,989
Accrued expenses and other liabilities 6,261 6,755
Net cash provided by operating activities 35,068 15,277
Cash flows from investing activities:    
Purchase of property and equipment, net (92) (2,364)
Purchase of other investments (320) (52)
Purchase of fixed-maturity securities (19,306) (1,629)
Purchase of equity securities (7,709) (1,024)
Proceeds from sales of fixed-maturity securities 1,691 1,037
Proceeds from calls, repayments and maturities of fixed-maturity securities 633 1,237
Proceeds from sales of equity securities 2,764 361
Proceeds from sales of other investments 1   
Net cash used in investing activities (22,338) (2,434)
Cash flows from financing activities:    
Proceeds from the issuance of long-term debt    40,250
Proceeds from the exercise of common stock options 125   
Cash dividends paid (3,206) (2,493)
Cash dividends received under share repurchase forward contract 171   
Repurchases of common stock (353)   
Repurchases of common stock under share repurchase plan (6,987)   
Debt issuance costs (234) (1,502)
Tax benefits on stock-based compensation 915 22
Net cash (used in) provided by financing activities (9,569) 36,277
Effect of exchange rate changes on cash 17 (7)
Net increase in cash and cash equivalents 3,178 49,113
Cash and cash equivalents at beginning of period 293,398 230,214
Cash and cash equivalents at end of period 296,576 279,327
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 2,500 8,950
Cash paid for interest 1,847   
Non-cash investing and financing activities:    
Unrealized gain on investments in available-for-sale securities, net of tax 1,424 165
Series A Preferred Stock [Member]
   
Non-cash investing and financing activities:    
Conversion of Series A Preferred Stock to common stock $ 910 $ 278