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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net loss$ (51,308)$ (10,959)
Less: Loss from discontinued operations(111,125)(93,688)
Income from continuing operations59,81782,729
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:  
Depreciation and amortization84,16072,198
Provision for bad debt and claim losses19,16318,590
Share-based compensation9,52311,547
Equity in earnings of affiliates, net of taxes(20,393)(29,593)
Loss on early extinguishment of debt10,1900
Deferred income tax1,352(30,046)
Net realized investment (gains) losses and other income(86,783)659
Change in operating assets and liabilities, net of acquisitions:  
Accounts receivable(17,403)(18,795)
Prepaid expenses and other current assets(20,596)229
Accounts payable and accrued expenses(14,071)(2,672)
Deferred revenue(23,935)(30,922)
Due to/from FAFC(18,678)9,108
Income taxes62,0632,949
Dividends received from investments in affiliates35,21543,991
Other assets and other liabilities(9,748)(33,138)
Net cash provided by operating activities - continuing operations69,87696,834
Net cash (used in)/provided by operating activities - discontinued operations(14,051)1,442
Total cash provided by operating activities55,82598,276
Cash flows from investing activities:  
Purchase of redeemable noncontrolling interests(72,000)(72,000)
Purchase of subsidiary shares from and other decreases in noncontrolling interests0(5,617)
Purchases of capitalized data and other intangible assets(19,874)(18,361)
Purchases of property and equipment(33,558)(45,734)
Cash paid for acquisitions, net of cash acquired(214,214)(90)
Purchases of investments(26,898)(21,819)
Proceeds from maturities of debt securities0298
Proceeds from sale of foreign subsidiary, net of cash on hand and other adjustments22,7540
Proceeds from sale of property and equipment3890
Proceeds from sale of investments53,84726,386
Change in restricted cash2,616(21,095)
Net cash used in investing activities - continuing operations(286,938)(158,032)
Net cash used in investing activities - discontinued operations(4,380)(68,550)
Total cash used in by investing activities(291,318)(226,582)
Cash flows from financing activities:  
Proceeds from long-term debt857,985634,366
Debt issuance costs(22,080)(14,776)
Repayment of long-term debt(727,699)(696,155)
Proceeds from issuance of stock related to stock options and employee benefit plans2,4257,375
Share repurchase(176,512)0
Distributions to noncontrolling interests(4,835)(18,719)
Cash dividends0(22,657)
Tax benefit related to stock options2343,160
Net cash used in financing activities - continuing operations(70,482)(107,406)
Net cash provided by financing activities - discontinued operations7029,721
Total cash used in financing activities(70,412)(77,685)
Net decrease in cash and cash equivalents(305,905)(205,991)
Cash and cash equivalents at beginning of period426,212459,520
Change in cash and cash equivalents - discontinued operations18,36129,997
Cash and cash equivalents at end of period138,668283,526
Supplemental disclosures of cash flow information:  
Cash paid for interest54,16133,540
Cash paid for income taxes35,05332,473
Cash refunds from income taxes7,30231,019
Non cash financing activities:  
Distribution to stockholders of First American Financial Corporation ('FAFC')01,661,443
Adjustment of carrying value of mandatorily redeemable noncontrolling interest(3,800)11,336
Non-cash investing activities:  
Note payable issued for the acquisition of investment in affiliate$ 12,700$ 0