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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands
3 Months Ended6 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities    
Increase (decrease) in net assets from operations$ (25,703)$ 23,971$ (36,158)$ 34,206
Adjustments to reconcile increase (decrease) in net assets from operations to net cash provided by (used in) operating activities:    
Net proceeds from disposition of investments18,50053018,53975,352
Proceeds from repayment of loan securities or investments2,0001342,111134
Purchases of securities(1,678)(1,639)(11,500)(4,034)
Depreciation and amortization561013
Net pension benefit(77)(53)(150)(146)
Realized gain on investments before income tax(18,350)(530)(12,439)(74,545)
Net (increase) decrease in unrealized appreciation of investments44,076(23,360)48,63442,383
Stock option expense259244503468
Decrease (increase) in dividend and interest receivable(207)74(436)750
Decrease (increase) in receivables from affiliates(433)35955576
Decrease in other assets4955
Increase (decrease) in other liabilities125(753)0(803)
Increase in deferred income taxes29195451
Net cash provided by (used in) operating activities18,550(989)9,22874,410
Cash flows from financing activities    
Distributions from undistributed net investment income00(1,501)(1,497)
Proceeds from exercise of employee stock options98519851
Net cash used in financing activities9851(1,403)(1,446)
Net increase (decrease) in cash and cash equivalents18,648(938)7,82572,964
Cash and cash equivalents at beginning of period34,67577,99645,4984,094
Cash and cash equivalents at end of period53,32377,05853,32377,058
Supplemental disclosure of cash flow information:    
Income taxes0000
This transaction had the following non-cash effect on the Company's Consolidated Statements of Assets and Liabilities:    
Total Investments$ 0$ 0$ 0$ 3,704