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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net earnings $ 114,920 $ 137,544 $ 135,445
Adjustments to reconcile net earnings to net cash provided by operating activities      
Net realized gains (34,645) (39,829) (32,182)
Depreciation 6,430 5,406 4,557
Other items, net 17,699 15,006 10,818
Change in:      
Accrued investment income 285 (249) 1,081
Premiums and reinsurance balances receivable (net of direct write-offs and commutations) 17,275 10,911 (2,064)
Reinsurance balances payable (19,628) (457) (9,321)
Funds held 18,488 2,773 (10,175)
Ceded unearned premium 660 1,128 6,446
Reinsurance balances recoverable on unpaid losses 9,620 37,262 19,818
Deferred policy acquisition costs (3,318) (4,706) (3,615)
Accrued expenses (3,750) (7,406) 3,552
Unpaid losses and settlement expenses 35,552 (17,255) (8,393)
Unearned premiums 11,683 20,682 9,331
Income taxes      
Current 12,573 7,069 (155)
Deferred 1,128 7,034 5,446
Stock option excess tax benefit (9,576) (11,413) (1,766)
Changes in investment in unconsolidated investees:      
Undistributed earnings (10,833) (10,914) (12,338)
Dividends received 9,900   6,600
Net cash provided by operating activities 174,463 152,586 123,085
Purchase of:      
Fixed income, available-for-sale (557,067) (665,422) (470,210)
Equity securities, available-for-sale (36,335) (39,905) (18,088)
Property and equipment (16,155) (10,035) (7,121)
Investment in equity method investee   (1,711) (5,301)
Acquisition of agency (850)    
Other (7,722) (4,642) (5,534)
Proceeds from sale of:      
Fixed income, held-to-maturity     654
Fixed income, available-for-sale 329,091 436,680 342,308
Equity securities, available-for-sale 89,909 53,110 72,869
Short-term investments, net 2,564 6,637 11,401
Property and equipment 1,688 76 276
Subsidiary (RLI Indemnity Company)   7,500  
Other   135  
Proceeds from call or maturity of:      
Fixed income, available-for-sale 141,255 156,980 101,517
Net cash used in investing activities (53,622) (60,597) 22,771
Cash Flows from Financing Activities      
Stock option excess tax benefit 9,576 11,413 1,766
Proceeds from stock option exercises (741) (3,364) 3,386
Cash dividends paid (122,488) (119,577) (159,857)
Net cash used in financing activities (113,653) (111,528) (154,705)
Net increase (decrease) in cash 7,188 (19,539) (8,849)
Cash at the beginning of the period 11,081 30,620 39,469
Cash at the end of the period $ 18,269 $ 11,081 $ 30,620