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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2012
Cash flow from operating activities:      
Net earnings $ 342,391 $ 264,708 $ 205,367
Adjustments to reconcile net earnings to cash provided by operations:      
Depreciation 293,169 260,492 229,789
Amortization of deferred policy acquisition costs 19,982 17,376 13,791
Change in allowance for losses on trade receivables (36) (134) (208)
Change in allowance for inventory reserves 871 1,133 1,382
Net gain on sale of real and personal property (33,557) (22,496) (20,888)
Net (gain) loss on sale of investments (6,411) (8,323) (5,579)
Deferred income taxes 46,371 13,518 104,360
Net change in other operating assets and liabilities:      
Reinsurance recoverables and trade receivables 62,506 36,322 (77,115)
Inventories (11,495) 1,206 (173)
Prepaid expenses 2,186 (15,587) 15,748
Capitalization of deferred policy acquisition costs (32,611) (50,640) (23,166)
Other assets 7,667 21,556 5,992
Related party assets 7,554 133,672 (14,210)
Accounts payable and accrued expenses 34,731 40,032 19,469
Policy benefits and losses, claims and loss expenses payable (30,496) (30,478) 212,330
Other policyholders' funds and liabilities 693 21 (1,458)
Deferred income 1,259 (1,312) 4,367
Related party liabilities 4,730 464 44
Net cash provided by operating activities 709,504 661,530 669,842
Purchase of:      
Property, plant and equipment (999,365) (655,984) (589,799)
Short term investments (270,690) (411,638) (291,622)
Fixed maturities investments (282,424) (443,262) (220,104)
Equity securities (1,562) (16,289) (9,048)
Preferred stock (640) (6,296) (2,717)
Real estate (532) (1,073) (7,829)
Mortgage loans (52,419) (80,711) (127,163)
Proceeds from sale and paydowns of:      
Property, plant and equipment 270,053 220,699 168,912
Short term investments 269,052 417,520 300,893
Fixed maturities investments 138,401 160,806 128,486
Equity securities 29,139 372 10,222
Preferred stock 6,004 7,258 2,352
Real estate 544 671 440
Mortgage loans 48,686 95,714 54,840
Net cash used by investing activities (845,753) (712,213) (582,137)
Cash flow from financing activities:      
Borrowings from credit facilities 431,029 270,546 237,780
Principal repayments on credit facilities (293,068) (257,957) (201,888)
Debt issuance costs (3,943) (2,223) (2,004)
Capital lease payments (53,079) (26,877) (8,328)
Leveraged Employee Stock Ownership Plan - Repayments from loan 487 692 984
Securitization deposits    1,195 42,088
Preferred stock redemption paid       (144,289)
Preferred stock dividends paid       (2,913)
Common stock dividends paid (19,568) (97,421) (19,484)
Contribution to related party       (518)
Investment contract deposits 140,613 301,729 13,854
Investment contract withdrawals (34,677) (31,901) (28,027)
Net cash used by financing activities 167,794 157,783 (112,745)
Effects of exchange rate on cash (177) (536) (294)
Increase (decrease) in cash and cash equivalents 31,368 106,564 (25,334)
Cash and cash equivalents at the beginning of period 463,744 357,180 382,514
Cash and cash equivalents at the end of the period $ 495,112 $ 463,744 $ 357,180