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Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net income $ 238,563 $ 242,397 $ 207,422
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in net income attributable to AB Unitholders (266,292) (270,647) (232,393)
Cash distributions received from AB 249,463 308,042 226,846
Changes in assets and liabilities:      
(Increase) in other assets (61) 0 0
Increase (decrease) in other liabilities 1,082 (510) 535
Net cash provided by operating activities 222,755 279,282 202,410
Cash flows from investing activities:      
Investments in AB with proceeds from exercises of compensatory options to buy AB Holding Units (11,511) (16,589) (20,110)
Net cash used in investing activities (11,511) (16,589) (20,110)
Cash flows from financing activities:      
Cash distributions to Unitholders (222,485) (280,722) (202,388)
Capital contributions to AB (270)   (22)
Capital contributions from AB   1,440  
Proceeds from exercise of compensatory options to buy AB Holding Units 11,511 16,589 20,110
Net cash used in financing activities (211,244) (262,693) (182,300)
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 26,650 28,766 24,436
Non-cash investing activities:      
Issuance of AB Holding Units to fund long-term incentive compensation plan awards 146,488 168,955 135,604
Retirement of AB Holding Units $ (110,752) $ (194,544) $ (162,206)