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Consolidated Condensed Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Operating Activities:  
Net income$ 10,265$ 33,454
Adjustments to reconcile net income to cash (used in) provided by operating activities:  
Income from discontinued operations(35)(39)
Realized gains, net(8,976)(3,866)
Change in deferred income taxes(3,715)(7,087)
Depreciation and amortization13,39217,096
Amortization of prepaid monitoring fees9,37511,250
Equity based compensation expense4,34710,642
Other items, net2,9979,891
Changes in assets and liabilities:  
Investment income due and accrued(1,002)(2,212)
Due premiums3928
Reinsurance recoverable - ceded policy liabilities3,436(421)
Other receivables10,3331,553
Deferred acquisition costs12,61324,946
Prepaid monitoring fees(12,500)(15,000)
Current income tax recoverable6,43722,642
Policy liabilities(27,133)(121,001)
Other liabilities and accrued expenses(15,129)(18,327)
Cash provided by/(used in) continuing operations4,630(34,786)
Cash provided by/(used in) discontinued operations(22)12
Net cash provided by/(used in) operating activities4,608(34,774)
Investing Activities:  
Student loan receivables6,1236,565
Securities available for sale244,215120,863
Short-term and other investments, net(240,916)54,715
Purchases of property and equipment(6,531)(8,459)
Intangible assets acquired (297)
Acquisitions net of cash acquired 252
Change in restricted cash1,8241,742
Increase in agent receivables(286)(6,421)
Cash provided by continuing operations4,429168,960
Cash provided by discontinued operations00
Net cash provided by investing activities4,429168,960
Financing Activities:  
Repayment of student loan credit facility(6,900)(6,950)
Decrease in investment products(1,064)(4,144)
Change in cash overdraft5,310(7,055)
Proceeds from shares issued to agent plans and other3,2106,099
Purchases of treasury stock(6,614)(8,675)
Dividends paid (119,514)
Excess tax reduction from equity based compensation(793)(1,287)
Cash used in continuing operations(6,851)(141,526)
Cash used in discontinued operations00
Net cash used in financing activities(6,851)(141,526)
Net change in cash and cash equivalents2,186(7,340)
Cash and cash equivalents at beginning of period12,87417,406
Cash and cash equivalents at end of period in continuing operations15,06010,066
Supplemental disclosures:  
Income taxes paid6,6439,168
Interest paid$ 10,375$ 20,823