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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income $ 350,255 $ 219,414 $ 189,871
Adjustments to reconcile net income to cash provided by (used in) operating activities:      
Change in future policy benefits and other policy liabilities 306,122 256,520 242,957
Deferral of policy acquisition costs (422,749) (376,879) (326,197)
Amortization of deferred policy acquisition costs 209,399 180,582 157,727
Deferred tax provision (53,788) 44,316 38,292
Change in income taxes (2,159) 27,601 5,862
Realized investment (gains) losses, including other-than-temporary impairments (1,339) (4,088) 1,738
Accretion and amortization of investments (1,596) (1,411) (1,343)
Depreciation and amortization 13,551 14,595 10,998
Change in reinsurance recoverables 9,124 (72,880) (49,966)
Change in agent balances, due premiums and other receivables (18,331) (20,069) (11,379)
Trading securities sold, matured, or called (acquired), net 1,137 (2,051) 2,308
Share-based compensation 15,267 13,442 14,948
Change in other operating assets and liabilities, net (16,369) 15,335 (11,565)
Net cash provided by (used in) operating activities 388,524 294,427 264,251
Available-for-sale investments sold, matured or called:      
Fixed-maturity securities — sold 76,701 91,666 130,608
Fixed-maturity securities — matured or called 223,088 254,585 247,771
Equity securities 5,771 8,572 4,894
Available-for-sale investments acquired:      
Fixed-maturity securities (426,689) (386,394) (433,457)
Equity securities (400) (2,683) (882)
Purchases of property and equipment and other investing activities, net (6,752) (13,669) (7,399)
Cash collateral received (returned) on loaned securities, net 16,140 2,164 21,271
Sales (purchases) of short-term investments using securities lending collateral, net (16,140) (2,164) (21,271)
Net cash provided by (used in) investing activities (128,281) (47,923) (58,465)
Cash flows from financing activities:      
Dividends paid (35,821) (33,367) (32,807)
Common stock repurchased (150,038) (150,057) (200,084)
Tax withholdings on share-based compensation (6,734) (3,970) (7,675)
Cash proceeds from stock options exercised     136
Payment of deferred financing costs (868)    
Net cash provided by (used in) financing activities (193,461) (187,394) (240,430)
Effect of foreign exchange rate changes on cash 1,204 572 (5,059)
Change in cash and cash equivalents 67,986 59,682 (39,703)
Cash and cash equivalents, beginning of period 211,976 152,294 191,997
Cash and cash equivalents, end of period 279,962 211,976 152,294
Supplemental disclosures of cash flow information:      
Income taxes paid 83,304 45,402 62,116
Interest paid $ 27,816 $ 27,992 $ 32,386