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SCHEDULE II - CONDENSED FINANCIAL INFORMATION OF REGISTRANT (Details) - USD ($)
$ / shares in Units, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Assets      
Fixed income, available-for-sale $ 6,587,581 $ 6,661,596  
Cash and cash equivalents 284,690 287,953  
Accrued investment income 51,902 49,997  
Total assets 7,325,008 7,354,526  
Liabilities:      
Senior notes 881,508 879,379  
Convertible junior subordinated debentures 110,204 208,814  
Other liabilities 191,702 244,711  
Total liabilities 2,463,626 2,655,540  
Shareholders’ equity:      
Common stock (one dollar par value, shares authorized 1,000,000; shares issued 2021 - 371,353; 2020 - 371,353; shares outstanding 2021 - 320,336; 2020 - 338,573) 371,353 371,353  
Paid-in capital 1,794,906 1,862,042  
Treasury stock at cost (shares 2021 - 51,017; 2020 - 32,779) (675,265) (393,326)  
Accumulated other comprehensive income, net of tax 119,697 216,821  
Retained earnings 3,250,691 2,642,096  
Total shareholders' equity 4,861,382 4,698,986 $ 4,309,234
Total liabilities and shareholders' equity 7,325,008 7,354,526  
Parenthetical information [Abstract]      
Fixed income, amortized cost $ 6,397,658 $ 6,317,164  
Common stock, par value (in dollars per share) $ 1 $ 1  
Common stock, shares authorized (in shares) 1,000,000,000 1,000,000,000  
Common stock, shares issued (in shares) 371,353,000 371,353,000  
Common stock, shares outstanding (in shares) 320,336,000 338,573,000  
Treasury stock, shares at cost (in shares) 51,017,000 32,779,000  
Revenues:      
Investment income, net of expenses $ 156,438 $ 154,396 167,045
Net realized investment gains (losses) 6,582 13,752 5,306
Total revenues 1,185,675 1,199,146 1,213,977
Expenses:      
Interest expense 71,360 59,595 52,656
Loss on debt extinguishment 36,914 26,736 0
Total losses and expenses 383,898 639,883 366,000
Income before tax 801,777 559,263 847,977
Provision for income taxes 166,794 113,170 174,214
Net income 634,983 446,093 673,763
Other comprehensive income (loss), net of tax (97,124) 144,113 196,922
Comprehensive income 537,859 590,206 870,685
Cash flows from operating activities:      
Net income 634,983 446,093 673,763
Adjustments to reconcile net income to net cash provided by operating activities:      
Deferred Federal 4,392 28,244 11,860
Loss on debt extinguishment 36,914 26,736 0
Change in certain assets and liabilities:      
Accrued investment income (1,905) (292) (1,704)
Net cash provided by operating activities 696,317 732,309 609,532
Cash flows from investing activities:      
Purchases of investments (1,531,129) (2,636,972) (1,394,126)
Proceeds from sales of investments 473,904 836,851 229,796
Net cash used in investing activities (160,749) (772,506) (422,108)
Cash flows from financing activities:      
Proceeds from issuance of senior notes 0 640,250 0
Purchase of senior notes 0 (179,735) 0
Payment of original issue discount - senior notes 0 (2,969) 0
Purchase of convertible junior subordinated debentures (98,610) (36,392) 0
Payment of original issue discount- convertible junior subordinated debentures 0 (15,049) 0
Cash portion of loss on debt extinguishment (36,914) (25,266) 0
Repurchase of common stock (290,818) (119,997) (125,766)
Dividends paid (94,219) (82,061) (41,914)
Payment of debt issuance costs 0 (2,020) 0
Payment of withholding taxes related to share-based compensation net share settlement (6,729) (8,940) (5,726)
Net cash provided by (used in) financing activities (527,290) 167,821 (173,406)
Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents 8,278 127,624 14,018
Cash and cash equivalents and restricted cash and cash equivalents at beginning of year 296,680 169,056 155,038
Cash and cash equivalents and restricted cash and cash equivalents at end of year 304,958 296,680 169,056
Parent Company      
Assets      
Fixed income, available-for-sale 538,872 773,995  
Cash and cash equivalents 124,164 73,000  
Investment in subsidiaries, at equity in net assets 4,964,954 4,740,074  
Accounts receivable - affiliates 2,130 1,450  
Income taxes - current and deferred 242,427 219,059  
Accrued investment income 2,642 3,760  
Total assets 5,875,189 5,811,338  
Liabilities:      
Senior notes 881,508 879,379  
Convertible junior subordinated debentures 110,204 208,814  
Accrued interest 20,501 23,004  
Other liabilities 1,594 1,155  
Total liabilities 1,013,807 1,112,352  
Shareholders’ equity:      
Common stock (one dollar par value, shares authorized 1,000,000; shares issued 2021 - 371,353; 2020 - 371,353; shares outstanding 2021 - 320,336; 2020 - 338,573) 371,353 371,353  
Paid-in capital 1,794,906 1,862,042  
Treasury stock at cost (shares 2021 - 51,017; 2020 - 32,779) (675,265) (393,326)  
Accumulated other comprehensive income, net of tax 119,697 216,821  
Retained earnings 3,250,691 2,642,096  
Total shareholders' equity 4,861,382 4,698,986  
Total liabilities and shareholders' equity 5,875,189 5,811,338  
Parenthetical information [Abstract]      
Fixed income, amortized cost $ 550,324 $ 773,881  
Common stock, par value (in dollars per share) $ 1 $ 1  
Common stock, shares authorized (in shares) 1,000,000,000 1,000,000,000  
Common stock, shares issued (in shares) 371,353,000 371,353,000  
Common stock, shares outstanding (in shares) 320,336,000 338,573,000  
Treasury stock, shares at cost (in shares) 51,017,000 32,779,000  
Revenues:      
Investment income, net of expenses $ 3,850 $ 7,090 7,695
Net realized investment gains (losses) 490 1,454 (311)
Total revenues 4,340 8,544 7,384
Expenses:      
Operating expenses 1,644 719 793
Interest expense 68,359 65,472 61,593
Loss on debt extinguishment 36,914 35,033 0
Total losses and expenses 106,917 101,224 62,386
Income before tax (102,577) (92,680) (55,002)
Provision for income taxes (21,240) (18,431) (12,263)
Equity in net income of subsidiaries 716,320 520,342 716,502
Net income 634,983 446,093 673,763
Other comprehensive income (loss), net of tax (97,124) 144,113 196,922
Comprehensive income 537,859 590,206 870,685
Cash flows from operating activities:      
Net income 634,983 446,093 673,763
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in net income of subsidiaries (716,320) (520,342) (716,502)
Dividends received from subsidiaries 400,000 221,024 154,413
Deferred Federal (21,551) (18,252) (10,416)
Loss on debt extinguishment 36,914 35,033 0
Other 29,799 19,088 21,104
Change in certain assets and liabilities:      
Accounts receivable - affiliates (680) 972 (735)
Income taxes receivable (306) 0 1
Accrued investment income 1,118 (1,262) (478)
Accrued interest (2,503) 5,076 (2)
Net cash provided by operating activities 361,454 187,430 121,148
Cash flows from investing activities:      
Purchases of investments (339,384) (1,131,060) (117,663)
Proceeds from sales of investments 556,384 812,188 160,040
Net cash used in investing activities 217,000 (318,872) 42,377
Cash flows from financing activities:      
Proceeds from issuance of senior notes 0 640,250 0
Purchase of senior notes 0 (179,735) 0
Payment of original issue discount - senior notes 0 (2,969) 0
Purchase of convertible junior subordinated debentures (98,610) (36,392) 0
Payment of original issue discount- convertible junior subordinated debentures 0 (15,049) 0
Cash portion of loss on debt extinguishment (36,914) (25,266) 0
Repurchase of common stock (290,818) (119,997) (125,766)
Dividends paid (94,219) (82,061) (41,914)
Payment of debt issuance costs 0 (2,020) 0
Payment of withholding taxes related to share-based compensation net share settlement (6,729) (8,940) (5,726)
Net cash provided by (used in) financing activities (527,290) 167,821 (173,406)
Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents 51,164 36,379 (9,881)
Cash and cash equivalents and restricted cash and cash equivalents at beginning of year 73,000 36,621 46,502
Cash and cash equivalents and restricted cash and cash equivalents at end of year $ 124,164 $ 73,000 $ 36,621