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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income $ 257,491 $ 243,318 $ 206,896
Adjustments to reconcile net income to net cash provided by operating activities:      
Amortization 86,663 87,421 82,941
Depreciation 21,003 20,890 20,895
Share-based Compensation 16,052 15,513 19,363
Change in estimated acquisition earn-out payables 9,185 3,003 9,938
Deferred income taxes 18,163 22,696 7,369
Amortization of debt discount 165 157 46
Deferred Finance Costs, Own-share Lending Arrangement, Issuance Costs, Amortization Expense 1,597 0 0
Accretion (Amortization) of Discounts and Premiums, Investments 39 0 0
Income tax benefit from exercise of shares from the stock benefit plans (7,346) (3,276) (3,298)
Payments On Acquisition Earn Outs In Excess Of Original Estimated Payables (3,904) (11,383) (2,539)
Loss/(gain) on sales of investments, fixed assets and customer accounts 596 (107) 42,465
Changes in operating assets and liabilities, net of effect from acquisitions and divestitures:      
Restricted cash and investments (increase) decrease (35,884) 30,016 (9,760)
Premiums, commissions and fees receivable (increase) (63,550) (7,163) (11,160)
Reinsurance recoverables (increase) decrease (46,115) (18,940) 12,210
Prepaid reinsurance premiums decrease (increase) 982 10,943 (31,573)
Other assets (increase) (4,718) (5,318) (12,564)
Premiums payable to insurance companies decrease 66,084 542 8,164
Premium deposits and credits due customers increase (decrease) 527 (2,973) 2,323
Losses and loss adjustment reserve increase (decrease) 46,115 18,940 (12,210)
Unearned premiums (decrease) increase (982) (10,943) 31,573
Accounts payable increase 30,174 34,206 36,949
Accrued expenses and other liabilities increase 8,670 8,204 11,718
Other liabilities (decrease) (25,849) (23,898) (24,727)
Net cash provided by operating activities 375,158 411,848 385,019
Cash flows from investing activities:      
Additions to fixed assets (17,765) (18,375) (24,923)
Payments for businesses acquired, net of cash acquired (122,622) (136,000) (696,486)
Proceeds from sales of fixed assets and customer accounts 4,957 10,576 13,631
Purchases of investments (25,872) (22,766) (17,813)
Proceeds from Sale, Maturity and Collection of Investments 18,890 21,928 18,278
Net cash used in investing activities (142,412) (144,637) (707,313)
Cash flows from financing activities:      
Payments on acquisition earn-outs (24,309) (25,415) (9,530)
Proceeds from Issuance of Long-term Debt 0 0 1,048,425
Payments on long-term debt (73,125) (45,625) (330,000)
Income tax benefit from exercise of shares from the stock benefit plans 7,346 3,276 3,298
Issuances of common stock for employee stock benefit plans 15,983 15,890 14,808
Repurchase of stock benefit plan shares for employees to fund tax withholdings (8,495) (2,857) (3,252)
Purchase of treasury stock (18,908) (163,750) (75,025)
Settlement (prepayment) of accelerated share repurchase program 11,250 (11,250) 0
Cash dividends paid (70,262) (64,108) (59,334)
Net cash (used in) provided by financing activities (160,520) (293,839) 589,390
Net increase (decrease) in cash and cash equivalents 72,226 (26,628) 267,096
Cash and cash equivalents at beginning of period 443,420 470,048  
Cash and cash equivalents at end of period 515,646 443,420 470,048
Proceeds from Lines of Credit 0 0 475,000
Repayments of Lines of Credit $ 0 $ 0 $ (475,000)