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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income $ 128,320 $ 117,956
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization 43,220 43,248
Depreciation 10,672 10,420
Non-cash stock-based compensation 6,674 12,459
Change in estimated acquisition earn-out payables 3,236 1,735
Deferred income taxes 15,907 10,745
Amortization of debt discount 79 79
Deferred Finance Costs, Own-share Lending Arrangement, Issuance Costs, Amortization Expense 807 804
Accretion (Amortization) of Discounts and Premiums, Investments 47 0
Income tax benefit from exercise of shares from the stock benefit plans (6,816) (1,827)
Payments On Acquisition Earn Outs In Excess Of Original Estimated Payables 3,550 2,778
Net gain on sales of investments, fixed assets and customer accounts (2,700) (478)
Changes in operating assets and liabilities, net of effect from acquisitions and divestitures:    
Restricted cash and investments (increase) decrease (47,893) 13,876
Premiums, commissions and fees receivable (increase) decrease (34,099) 11,109
Reinsurance recoverables (increase) (28,844) (66,174)
Prepaid reinsurance premiums decrease 10,736 18,008
Other assets (increase) (11,272) (20,872)
Premiums payable to insurance companies increase 90,068 36,851
Premium deposits and credits due customers increase 12,049 2,211
Losses and loss adjustment reserve increase 28,844 66,174
Unearned premiums (decrease) (10,736) (18,008)
Accounts payable increase 34,156 16,375
Accrued expenses and other liabilities (decrease) (29,765) (21,935)
Other liabilities (decrease) (18,346) (2,594)
Net cash provided by operating activities 190,794 227,384
Cash flows from investing activities:    
Additions to fixed assets (8,944) (8,597)
Payments for businesses acquired, net of cash acquired (107,290) (105,056)
Proceeds from sales of fixed assets and customer accounts 3,291 3,998
Purchases and proceeds from sales of investments (7,026) (913)
Net cash used in investing activities (119,969) (110,568)
Cash flows from financing activities:    
Payments on acquisition earn-outs (7,012) (11,261)
Payments on long-term debt (20,625) (31,875)
Income tax benefit from exercise of shares from the stock benefit plans 6,816 1,827
Issuances of common stock for employee stock benefit plans 916 500
Repurchase Of Stock Benefit Plan Shares For Employees To Fund Tax Withholdings 6,273 2,168
Purchase of treasury stock (11,250) (85,000)
Settlement (Prepayment) of accelerated share repurchase program 11,250 (15,000)
Cash dividends paid (34,128) (31,280)
Net cash (used in) financing activities (60,306) (174,257)
Net increase (decrease) in cash and cash equivalents 10,519 (57,441)
Cash and cash equivalents at beginning of period 443,420  
Cash and cash equivalents at end of period $ 453,939 $ 412,607