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Schedule II - Condensed Financial Information of Registrant - Cash Flow Information (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Jun. 30, 2020
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating Activities                        
Net income   $ 123,602 $ 124,536 $ 15,380 $ 149,523 $ 146,958 $ 144,630 $ 136,405 $ 127,720 $ 413,041 $ 555,713 $ 467,363
Adjustments to reconcile net income to net cash provided by operating activities:                        
Loss on the sale of investments, net                   (2,697) (3,229) (1,318)
Stock-based compensation expense                   18,462 16,588 15,073
Amortization of premium on investment securities                   23,393 15,738 14,220
Changes in assets and liabilities:                        
Other assets                   (16,840) (2,921) (5,060)
Other accrued liabilities                   24,283 4,375 5,299
Net cash provided by operating activities                   727,931 589,848 625,321
Investing Activities                        
Net change in short-term investments                   (411,498) (160,962) 158,294
Investments in subsidiaries                   (17,012) (49,789) (30,860)
Purchase of investments available for sale                   (1,575,082) (1,044,964) (1,126,032)
Proceeds from maturity of investments available for sale                   262,321 88,025 114,651
Proceeds from sales of investments available for sale                   577,409 623,771 340,780
Net cash used in investing activities                   (1,154,417) (545,076) (546,905)
Financing Activities                        
Issuance of common shares, net of costs $ 440,000                 439,962 0 0
Credit facility borrowings                   200,000 0 15,000
Credit facility repayments                   (100,000) 0 (40,000)
Treasury stock acquired                   (6,354) (9,005) (31,414)
Payment of issuance costs for credit facility                   (6,232) (15) (580)
Dividends paid                   (69,410) (29,348) 0
Net cash provided by (used in) financing activities                   457,966 (38,368) (56,994)
Net increase in cash                   31,480 6,404 21,422
Supplemental Disclosure of Cash Flow Information                        
Interest payments                   (8,263) (9,863) (9,451)
Noncash Transactions                        
Repayment of borrowings with term loan proceeds                   (325,000) 0 (100,000)
Parent Company                        
Operating Activities                        
Net income                   413,041 555,713 467,363
Adjustments to reconcile net income to net cash provided by operating activities:                        
Equity in net income of subsidiaries                   (427,101) (569,183) (478,880)
Loss on the sale of investments, net                   10 0 0
Stock-based compensation expense                   935 830 843
Amortization of premium on investment securities                   435 0 0
Changes in assets and liabilities:                        
Other assets                   (319) 416 911
Other accrued liabilities                   18,208 15,562 15,537
Net cash provided by operating activities                   5,209 3,338 5,774
Investing Activities                        
Net change in short-term investments                   (255,884) (24,727) 26,122
Investments in subsidiaries                   0 55,001 0
Purchase of investments available for sale                   (205,668) 0 0
Proceeds from maturity of investments available for sale                   838 0 0
Proceeds from sales of investments available for sale                   3,386 0 0
Net cash used in investing activities                   (457,328) 30,274 26,122
Financing Activities                        
Issuance of common shares, net of costs                   439,962 0 0
Credit facility borrowings                   200,000 0 0
Credit facility repayments                   (100,000) 0 0
Treasury stock acquired                   (6,354) (9,005) (31,414)
Payment of issuance costs for credit facility                   (5,236) (15) (131)
Dividends paid                   (69,410) (29,348) 0
Net cash provided by (used in) financing activities                   458,962 (38,368) (31,545)
Net increase in cash                   6,843 (4,756) 351
Cash at beginning of year         $ 1,845       $ 6,601 1,845 6,601 6,250
Cash at end of year   $ 8,688       $ 1,845       8,688 1,845 6,601
Supplemental Disclosure of Cash Flow Information                        
Interest payments                   (5,714) (5,509) (4,984)
Noncash Transactions                        
Repayment of borrowings with term loan proceeds                   $ (225,000) $ 0 $ 0