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SCHEDULE II - CONDENSED FINANCIAL INFORMATION OF REGISTRANT (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Assets                      
Fixed income, available-for-sale, at fair value (amortized cost, 2019 – $287,489; 2018 – $203,743) $ 5,737,892       $ 5,151,987       $ 5,737,892 $ 5,151,987  
Cash and cash equivalents 161,847       151,892       161,847 151,892  
Accrued investment income 49,705       48,001       49,705 48,001  
Other assets 99,347       85,572       99,347 85,572  
Total assets 6,229,571       5,677,802       6,229,571 5,677,802  
Liabilities:                      
Senior notes 420,867       419,713       420,867 419,713  
Convertible junior subordinated debentures 256,872       256,872       256,872 256,872  
Other liabilities 151,962       180,322       151,962 180,322  
Total liabilities 1,920,337       2,095,911       1,920,337 2,095,911  
Shareholders’ equity:                      
Common stock (one dollar par value, shares authorized 1,000,000; shares issued 2019 - 371,353; 2018 - 371,353; outstanding 2019 - 347,308; 2018 - 355,371) 371,353       371,353       371,353 371,353  
Paid-in capital 1,869,719       1,862,536       1,869,719 1,862,536  
Treasury stock (shares at cost 2019 – 24,045; 2018 – 15,982) (283,196)       (175,059)       (283,196) (175,059)  
Accumulated other comprehensive income (loss), net of tax 72,708       (124,214)       72,708 (124,214)  
Retained earnings 2,278,650       1,647,275       2,278,650 1,647,275  
Total shareholders' equity 4,309,234       3,581,891       4,309,234 3,581,891 $ 3,154,526
Total liabilities and shareholders' equity 6,229,571       5,677,802       6,229,571 5,677,802  
Parenthetical information [Abstract]                      
Fixed income, amortized cost $ 5,562,550       $ 5,196,784       $ 5,562,550 $ 5,196,784  
Common stock, par value (in dollars per share) $ 1       $ 1       $ 1 $ 1  
Common stock, shares authorized (in shares) 1,000,000,000       1,000,000,000       1,000,000,000 1,000,000,000  
Common stock, shares issued (in shares) 371,353,000       371,353,000       371,353,000 371,353,000  
Common stock, shares outstanding (in shares) 347,308,000       355,371,000       347,308,000 355,371,000  
Treasury stock, shares at cost (in shares) 24,045,000       15,982,000       24,045,000 15,982,000  
Revenues:                      
Investment income, net of expenses $ 41,322 $ 42,715 $ 42,423 $ 40,585 $ 38,328 $ 36,380 $ 34,502 $ 32,121 $ 167,045 $ 141,331 120,871
Realized (losses) gains 1,320 4,205 307 (526) (241) 1,114 (1,897) (329) 5,306 (1,353) 231
Total revenues                 1,213,977 1,123,848 1,066,054
Expenses:                      
Interest expense                 52,656 52,993 57,035
Loss on debt extinguishment                 0 0 65
Total losses and expenses                 366,000 279,698 281,558
Income before tax                 847,977 844,150 784,496
Provision for income taxes 45,599 46,186 43,433 38,996 36,963 49,994 50,708 36,388 174,214 174,053 428,735
Net income 177,110 176,934 167,778 151,941 157,746 181,900 186,814 143,637 673,763 670,097 355,761
Other comprehensive income (loss), net of tax                 196,922 (80,413) 41,739
Comprehensive income                 870,685 589,684 397,500
Cash flows from operating activities:                      
Net income 177,110 $ 176,934 $ 167,778 151,941 157,746 $ 181,900 $ 186,814 143,637 673,763 670,097 355,761
Adjustments to reconcile net income to net cash provided by operating activities:                      
Deferred Federal                 11,860 185,598 351,677
Loss on debt extinguishment                 0 0 65
Change in certain assets and liabilities:                      
Accrued investment income                 (1,704) (1,941) (1,987)
Net cash provided by operating activities                 609,532 544,517 406,657
Cash flows from investing activities:                      
Net cash used in investing activities                 (422,108) (317,780) (303,641)
Cash flows from financing activities:                      
Proceeds from revolving credit facility                 0 0 150,000
Repayment of revolving credit facility                 0 0 (150,000)
Purchase or repayment of convertible senior notes                 0 0 (145,620)
Repurchase of common stock                 (125,766) (163,419) 0
Dividends paid                 (41,914) 0 0
Payment of debt issuance costs                 0 0 (1,630)
Payment of withholding taxes related to share-based compensation net share settlement                 (5,726) (8,131) (6,821)
Net cash used in financing activities                 (173,406) (171,550) (158,575)
Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents                 14,018 55,187 (55,559)
Cash and cash equivalents and restricted cash and cash equivalents at beginning of year       155,038       99,851 155,038 99,851 155,410
Cash and cash equivalents and restricted cash and cash equivalents at end of year 169,056       155,038       169,056 155,038 99,851
Parent Company                      
Assets                      
Fixed income, available-for-sale, at fair value (amortized cost, 2019 – $287,489; 2018 – $203,743) 288,362       201,507       288,362 201,507  
Cash and cash equivalents 36,621       46,502       36,621 46,502  
Investment in subsidiaries, at equity in net assets 4,611,356       3,981,970       4,611,356 3,981,970  
Accounts receivable - affiliates 2,129       1,396       2,129 1,396  
Income taxes - current and deferred 196,978       186,561       196,978 186,561  
Accrued investment income 2,498       2,020       2,498 2,020  
Other assets 81       740       81 740  
Total assets 5,138,025       4,420,696       5,138,025 4,420,696  
Liabilities:                      
Senior notes 420,867       419,713       420,867 419,713  
Convertible junior subordinated debentures 389,522       389,522       389,522 389,522  
Accrued interest 17,928       17,930       17,928 17,930  
Other liabilities 474       11,640       474 11,640  
Total liabilities 828,791       838,805       828,791 838,805  
Shareholders’ equity:                      
Common stock (one dollar par value, shares authorized 1,000,000; shares issued 2019 - 371,353; 2018 - 371,353; outstanding 2019 - 347,308; 2018 - 355,371) 371,353       371,353       371,353 371,353  
Paid-in capital 1,869,719       1,862,536       1,869,719 1,862,536  
Treasury stock (shares at cost 2019 – 24,045; 2018 – 15,982) (283,196)       (175,059)       (283,196) (175,059)  
Accumulated other comprehensive income (loss), net of tax 72,708       (124,214)       72,708 (124,214)  
Retained earnings 2,278,650       1,647,275       2,278,650 1,647,275  
Total shareholders' equity 4,309,234       3,581,891       4,309,234 3,581,891  
Total liabilities and shareholders' equity 5,138,025       4,420,696       5,138,025 4,420,696  
Parenthetical information [Abstract]                      
Fixed income, amortized cost $ 287,489       $ 203,743       $ 287,489 $ 203,743  
Common stock, par value (in dollars per share) $ 1       $ 1       $ 1 $ 1  
Common stock, shares authorized (in shares) 1,000,000,000       1,000,000,000       1,000,000,000 1,000,000,000  
Common stock, shares issued (in shares) 371,353,000       371,353,000       371,353,000 371,353,000  
Common stock, shares outstanding (in shares) 347,308,000       355,371,000       347,308,000 355,371,000  
Treasury stock, shares at cost (in shares) 24,045,000       15,982,000       24,045,000 15,982,000  
Revenues:                      
Investment income, net of expenses                 $ 7,695 $ 4,685 3,177
Realized (losses) gains                 (311) (532) (13)
Total revenues                 7,384 4,153 3,164
Expenses:                      
Operating expenses                 793 637 642
Interest expense                 61,593 61,930 65,972
Loss on debt extinguishment                 0 0 65
Total losses and expenses                 62,386 62,567 66,679
Income before tax                 (55,002) (58,414) (63,515)
Provision for income taxes                 (12,263) (13,517) 95,517
Equity in net income of subsidiaries                 716,502 714,994 514,793
Net income                 673,763 670,097 355,761
Other comprehensive income (loss), net of tax                 196,922 (80,413) 41,739
Comprehensive income                 870,685 589,684 397,500
Cash flows from operating activities:                      
Net income                 673,763 670,097 355,761
Adjustments to reconcile net income to net cash provided by operating activities:                      
Equity in net income of subsidiaries                 (716,502) (714,994) (514,793)
Dividends received from subsidiaries                 154,413 199,692 110,145
Deferred Federal                 (10,416) (11,756) 96,741
Loss on debt extinguishment                 0 0 65
Other                 21,104 24,303 18,716
Change in certain assets and liabilities:                      
Accounts receivable - affiliates                 (735) 18 (634)
Income taxes receivable                 1 17,859 297
Accrued investment income                 (478) 112 (192)
Accrued interest                 (2) (4) (2,819)
Net cash provided by operating activities                 121,148 185,327 63,287
Cash flows from investing activities:                      
Purchases of investments                 (117,663) (83,003) (97,091)
Proceeds from sales of investments                 160,040 93,481 176,960
Net cash used in investing activities                 42,377 10,478 79,869
Cash flows from financing activities:                      
Proceeds from revolving credit facility                 0 0 150,000
Repayment of revolving credit facility                 0 0 (150,000)
Purchase or repayment of convertible senior notes                 0 0 (150,124)
Repurchase of common stock                 (125,766) (163,419) 0
Dividends paid                 (41,914) 0 0
Payment of debt issuance costs                 0 0 (1,630)
Payment of withholding taxes related to share-based compensation net share settlement                 (5,726) (8,131) (6,821)
Net cash used in financing activities                 (173,406) (171,550) (158,575)
Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents                 (9,881) 24,255 (15,419)
Cash and cash equivalents and restricted cash and cash equivalents at beginning of year       $ 46,502       $ 22,247 46,502 22,247 37,666
Cash and cash equivalents and restricted cash and cash equivalents at end of year $ 36,621       $ 46,502       $ 36,621 $ 46,502 $ 22,247