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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net income $ 297,075 $ 231,263
Adjustments to reconcile net income to cash provided by operating activities:    
Provision for policy losses and other claims 206,842 214,199
Depreciation and amortization 65,818 60,805
Amortization of premiums and accretion of discounts on debt securities, net 11,369 13,451
Net realized investment (gains) losses (41,057) 169
Share-based compensation 27,355 27,135
Equity in earnings of equity method investments, net (162) (708)
Dividends from equity method investments 2,332 1,774
Changes in assets and liabilities excluding effects of acquisitions and noncash transactions:    
Claims paid, including assets acquired, net of recoveries (199,895) (213,538)
Net change in income tax accounts 45,174 20,560
Increase in accounts and accrued income receivable (35,142) (36,700)
Decrease in accounts payable and accrued liabilities (71,196) (59,871)
Increase (decrease) in deferred revenue 1,068 (1,149)
Other, net (8,472) (3,290)
Cash provided by operating activities 301,109 254,100
Cash flows from investing activities:    
Net cash effect of acquisitions/dispositions (4,725) (73,757)
Net increase in deposits with banks (2,268) (757)
Purchases of debt and equity securities (1,147,192) (1,166,788)
Proceeds from sales of debt and equity securities 698,393 470,670
Proceeds from maturities of debt securities 342,790 282,754
Net (increase) decrease in other investments (75,576) 563
Advances under secured financing agreements (2,775,216) (580,162)
Collections of secured financings receivable 2,650,317 553,632
Capital expenditures (53,951) (55,720)
Proceeds from sales of property and equipment 105 1,624
Cash used for investing activities (367,323) (567,941)
Cash flows from financing activities:    
Net change in deposits 3,376 227,594
Borrowings under secured financing agreements 2,764,605 579,871
Repayments of secured financings payable (2,650,804) (553,513)
Borrowings under unsecured credit agreement 160,000 0
Repayments of notes and contracts payable (162,905) (2,681)
Net activity related to noncontrolling interests (1,045) (920)
Net payments in connection with share-based compensation (8,490) (11,229)
Purchase of Company shares (2,066)  
Payments of cash dividends (94,105) (84,717)
Cash provided by financing activities 8,566 154,405
Effect of exchange rate changes on cash 2,484 (1,280)
Net decrease in cash and cash equivalents (55,164) (160,716)
Cash and cash equivalents—Beginning of period 1,467,129 1,387,226
Cash and cash equivalents—End of period 1,411,965 1,226,510
Supplemental information:    
Interest 22,936 18,591
Premium taxes 37,370 42,840
Income taxes, less refunds of $612 and $18 $ 28,902 $ 42,456