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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:    
Net income $ 48,102 $ 50,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation 6,600 3,418
Net amortization of premiums on investments in fixed-maturity securities 654 191
Depreciation and amortization 3,682 1,482
Deferred income benefits (5,319) (1,499)
Net realized investment gains (4,465) (43)
Income from real estate investments (44) 0
Loss from joint venture 22 0
(Gain) loss on sale of real estate investment (1) 2
Foreign currency remeasurement loss 10 72
Changes in operating assets and liabilities:    
Premiums and reinsurance receivable (11,909) (13,958)
Advance premiums 6,013 5,599
Prepaid reinsurance premiums (2,899) (23,423)
Accrued interest and dividends receivable 125 (197)
Other assets (13,645) (5,091)
Assumed reinsurance balances payable (4,660) (791)
Deferred policy acquisition costs (6,101) (8,840)
Losses and loss adjustment expenses 3,968 2,356
Unearned premiums 31,891 33,871
Income taxes (2,539) (7,553)
Accrued expenses and other liabilities 14,396 11,024
Net cash provided by operating activities 63,881 46,620
Cash flows from investing activities:    
Investment in real estate under acquisition, development, and construction arrangement (2,608) 0
Investment in joint venture (4,500) 0
Purchase of property and equipment, net (325) (3,107)
Purchase of real estate investments (352) (666)
Purchase of fixed-maturity securities (56,229) (31,309)
Purchase of equity securities (32,608) (5,144)
Proceeds from sales of fixed-maturity securities 67,519 1,749
Proceeds from calls, repayments and maturities of fixed-maturity securities 2,960 2,534
Proceeds from sales of equity securities 9,232 2,021
Proceeds from sales of real estate investments 1 0
Net cash used in investing activities (16,910) (33,922)
Cash flows from financing activities:    
Proceeds from the issuance of long-term debt 0 40,250
Proceeds from the exercise of common stock options 125 0
Cash dividends paid (9,357) (7,704)
Cash dividends received under share repurchase forward contract 514 0
Repurchases of common stock (616) (893)
Repurchases of common stock under share repurchase plan (27,815) 0
Redemption of Series A preferred stock (34) 0
Debt issuance costs (234) (1,525)
Tax benefits on stock-based compensation 1,384 892
Net cash (used in) provided by financing activities (36,033) 31,020
Effect of exchange rate changes on cash (13) (54)
Net increase in cash and cash equivalents 10,925 43,664
Cash and cash equivalents at beginning of period 293,398 230,214
Cash and cash equivalents at end of period 304,323 273,878
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 35,836 39,335
Cash paid for interest 5,453 1,726
Non-cash investing and financing activities:    
Unrealized loss on investments in available-for-sale securities, net of tax (85) (449)
Series A Preferred Stock [Member]
   
Non-cash investing and financing activities:    
Conversion of Series A Preferred Stock to common stock $ 991 $ 814