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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating activities      
Net income $ 74,101 $ 69,178 $ 62,764
Adjustments to reconcile net income to net cash used in operating activities:      
Change in reinsurance recoverable (120) (149) 3,582
Change in premiums and accounts receivable 2,981 (6,153) (2,857)
Depreciation and amortization 4,657 4,851 5,855
Change in deferred acquisition costs and value of business acquired (5,718) (488) (2,371)
Change in accrued investment income 1,339 1,298 2,167
Change in insurance policy reserves and expenses (104,924) (111,616) (114,145)
Change in accounts payable and other liabilities 7,348 2,865 1,178
Change in commissions payable 2,732 1,269 360
Amortization of deferred gain on disposal of businesses (9,092) 5,147 (11,216)
Change in income taxes 14,451 13,526 5,659
Net realized gains on investments (10,021) (16,341) (11,624)
Other (4,320) (6,090) (89)
Net cash used in operating activities (26,586) (42,703) (60,737)
Sales of:      
Fixed maturity securities available for sale 266,522 267,664 383,298
Equity securities available for sale 44,448 26,838 55,938
Other invested assets 85,780 28,780 15,557
Maturities, calls, prepayments, and scheduled redemption of:      
Fixed maturity securities available for sale 109,789 156,961 124,414
Commercial mortgage loans on real estate 123,293 103,127 136,292
Purchases of:      
Fixed maturity securities available for sale (308,162) (347,194) (363,489)
Equity securities available for sale (64,712) (55,202) (64,804)
Commercial mortgage loans on real estate (43,665) (40,550) (68,571)
Other invested assets (6,677) (12,223) (21,713)
Change in short-term investments (44,634) 353 (22,977)
Change in collateral held under securities lending 42,941 (712) 305
Change in policy loans 1,632 798 341
Net cash provided by investing activities 206,555 128,640 174,591
Financing activities      
Dividends paid (83,000) (97,000) (101,000)
Change in obligation under securities lending (42,941) 712 (305)
Net cash used in financing activities (125,941) (96,288) (101,305)
Cash included in held for sale assets (1,181) 0 0
Change in cash and cash equivalents 52,847 (10,351) 12,549
Cash and cash equivalents at beginning of period 7,290 17,641 5,092
Cash and cash equivalents at end of period 60,137 7,290 17,641
Supplemental information:      
Income taxes paid $ 26,570 $ 34,917 $ 29,311