XML 17 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating activities    
Net cash provided by operating activities $ 164,086 $ 65,326
Securities available-for-sale:    
Purchases – fixed maturity securities (178,600) (196,208)
Sales – fixed maturity securities 65,275 33,723
Maturities and calls – fixed maturity securities 81,138 128,640
Purchases – equity securities (5,949) 0
Sales – equity securities 3,179 409
Bank loan participations:    
Purchases (121,285) (144,172)
Sales 77,933 79,959
Maturities 28,053 28,638
Other invested assets:    
Purchases (6,993) (6,322)
Return of capital 308 0
Short-term investments, net 11,664 9,496
Securities receivable or payable, net 2,015 1,205
Purchases of property and equipment (470) (1,426)
Net cash used in investing activities (43,732) (66,058)
Financing activities    
Dividends paid (18,042) (17,729)
Issuance of common shares under equity incentive plans 3,900 868
Common share repurchases (1,874) (3,953)
Other financing activities (466) (467)
Net cash used in financing activities (16,482) (21,281)
Change in cash and cash equivalents 103,872 (22,013)
Cash and cash equivalents at beginning of period 163,495 109,784
Cash and cash equivalents at end of period 267,367 87,771
Supplemental information    
Interest paid $ 5,368 $ 4,329