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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Statement Of Cash Flows [Abstract]    
Net cash provided by operating activities $ 163,244 $ 186,762
Purchase of:    
Fixed income securities, available-for-sale (368,586) (380,813)
Equity securities (62,643) (73,072)
Property and equipment (4,969) (4,056)
Other (15,095) (12,154)
Proceeds from sale of:    
Fixed income securities, available-for-sale 68,229 173,120
Equity securities 66,185 47,799
Other 3,136 2,057
Proceeds from call or maturity of:    
Fixed income securities, available-for-sale 199,036 106,241
Net proceeds from sale (purchase) of short-term investments   6,016
Net cash used in investing activities (114,707) (134,862)
Cash Flows from Financing Activities    
Cash dividends paid (31,931) (30,428)
Proceeds from stock option exercises 7,780 12,436
Net cash used in financing activities (24,151) (17,992)
Net increase in cash 24,386 33,908
Cash at the beginning of the period 46,203 30,140
Cash at the end of the period $ 70,589 $ 64,048