XML 38 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income $ 207,422 $ 216,586 $ 185,764
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in net income attributable to AB Unitholders (232,393) (239,389) (210,084)
Cash distributions received from AB 226,846 191,989 217,065
Changes in assets and liabilities:      
Decrease in other assets 0 0 152
Increase (decrease) in other liabilities 535 345 (108)
Net cash provided by operating activities 202,410 169,531 192,789
Cash flows from investing activities:      
Investments in AB with proceeds from exercises of compensatory options to buy AB Holding Units (20,110) (6,108) (9,233)
Net cash used in investing activities (20,110) (6,108) (9,233)
Cash flows from financing activities:      
Cash distributions to Unitholders (202,388) (169,731) (192,299)
Capital contributions (to) from AB (22) 200 (490)
Proceeds from exercise of compensatory options to buy AB Holding Units 20,110 6,108 9,233
Net cash used in financing activities (182,300) (163,423) (183,556)
Change in cash and cash equivalents 0 0 0
Cash and cash equivalents as of beginning of the year 0 0 0
Cash and cash equivalents as of end of the year 0 0 0
Cash paid:      
Income taxes 24,436 22,456 24,276
Non-cash investing activities:      
Issuance of AB Holding Units to fund long-term incentive compensation plan awards 135,604 103,820 115,045
Retirement of AB Holding Units $ (162,206) $ (184,336) $ (155,073)