XML 18 R7.htm IDEA: XBRL DOCUMENT v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Statement of Cash Flows [Abstract]    
Net cash provided by operating activities $ 42,829 $ 103,514
Purchase of:    
Fixed income securities, available-for-sale (195,814) (153,952)
Equity securities (13,500) (41,503)
Property and equipment (1,062) (1,053)
Other (3,815) (2,710)
Proceeds from sale of:    
Fixed income securities, available-for-sale 62,748 10,207
Equity securities 18,205 26,679
Other 747 953
Proceeds from call or maturity of:    
Fixed income securities, available-for-sale 118,529 99,651
Net proceeds from sale (purchase) of short-term investments (265,657) (41,686)
Net cash used in investing activities (279,619) (103,414)
Cash Flows from Financing Activities    
Proceeds from issuance of debt 297,223  
Payment of debt (50,000)  
Cash dividends paid (14,707) (13,761)
Proceeds from stock option exercises 1,830 929
Net cash used in financing activities 234,346 (12,832)
Net increase in cash (2,444) (12,732)
Cash at the beginning of the period 51,565 39,790
Cash at March 31, $ 49,121 $ 27,058