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SCHEDULE II - CONDENSED FINANCIAL INFORMATION OF REGISTRANT (Details) - USD ($)
$ / shares in Units, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Assets      
Fixed income, available-for-sale $ 5,409,698 $ 6,587,581  
Cash and cash equivalents 327,384 284,690  
Accrued investment income 55,178 51,902  
Total assets 6,213,793 7,325,008  
Liabilities:      
Senior notes 641,724 881,508  
Convertible junior subordinated debentures 21,086 110,204  
Other liabilities 154,966 191,702  
Total liabilities 1,571,053 2,463,626  
Shareholders’ equity:      
Common stock (one dollar par value, shares authorized 1,000,000; shares issued 2022 - 371,353; 2021 - 371,353; shares outstanding 2022 - 293,433; 2021 - 320,336) 371,353 371,353  
Paid-in capital 1,798,842 1,794,906  
Treasury stock at cost (shares 2022 - 77,920; 2021 - 51,017) (1,050,238) (675,265)  
Accumulated other comprehensive income, net of tax (481,511) 119,697  
Retained earnings 4,004,294 3,250,691  
Total shareholders' equity 4,642,740 4,861,382 $ 4,698,986
Total liabilities and shareholders' equity 6,213,793 7,325,008  
Parenthetical information [Abstract]      
Fixed income, amortized cost $ 5,926,785 $ 6,397,658  
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) 293,433,000 320,336,000  
Treasury stock, shares at cost (in shares) 77,920,000 51,017,000  
Revenues:      
Investment income, net of expenses $ 167,476 $ 156,438 154,396
Net gains (losses) on investments and other financial instruments (7,463) 5,861 12,576
Total revenues 1,172,785 1,185,675 1,199,146
Expenses:      
Interest expense 48,054 71,360 59,595
Loss on debt extinguishment 40,199 36,914 26,736
Total losses and expenses 82,751 383,898 639,883
Income before tax 1,090,034 801,777 559,263
Provision for income taxes 224,685 166,794 113,170
Net income 865,349 634,983 446,093
Other comprehensive income (loss), net of tax (601,208) (97,124) 144,113
Comprehensive income 264,141 537,859 590,206
Cash flows from operating activities:      
Net income 865,349 634,983 446,093
Adjustments to reconcile net income to net cash provided by operating activities:      
Deferred federal (5,235) 4,392 28,244
Loss on debt extinguishment 40,199 36,914 26,736
Change in certain assets and liabilities:      
Accrued investment income (3,276) (1,905) (292)
Net cash provided by operating activities 650,012 696,317 732,309
Cash flows from investing activities:      
Purchases of investments (674,406) (1,531,129) (2,636,972)
Proceeds from sales of investments 399,661 473,904 836,851
Net cash provided by (used in) investing activities 410,485 (160,749) (772,506)
Cash flows from financing activities:      
Proceeds from issuance of senior notes 0 0 640,250
Payment of original issue discount - senior notes 0 0 (2,969)
Purchase of convertible junior subordinated debentures (89,118) (98,610) (36,392)
Payment of original issue discount- convertible junior subordinated debentures 0 0 (15,049)
Redemption of 5.75% senior notes (242,296) 0 0
Cash portion of loss on debt extinguishment (39,514) (36,914) (25,266)
Repurchase of common stock (385,573) (290,818) (119,997)
Dividends paid (110,947) (94,219) (82,061)
Payment of debt issuance costs 0 0 (2,020)
Payment of withholding taxes related to share-based compensation net share settlement (10,094) (6,729) (8,940)
Net cash (used in) provided by financing activities (1,032,542) (527,290) 167,821
Net increase in cash and cash equivalents and restricted cash and cash equivalents 27,955 8,278 127,624
Cash and cash equivalents and restricted cash and cash equivalents at beginning of year 304,958 296,680 169,056
Cash and cash equivalents and restricted cash and cash equivalents at end of year 332,913 304,958 296,680
Parent Company      
Assets      
Fixed income, available-for-sale 407,509 538,872  
Cash and cash equivalents 239,404 124,164  
Investment in subsidiaries, at equity in net assets 4,502,261 4,964,954  
Accounts receivable - affiliates 864 2,130  
Income taxes - current and deferred 167,966 242,427  
Accrued investment income 3,387 2,642  
Total assets 5,321,391 5,875,189  
Liabilities:      
Senior notes 641,724 881,508  
Convertible junior subordinated debentures 21,086 110,204  
Accrued interest 13,271 20,501  
Other liabilities 2,570 1,594  
Total liabilities 678,651 1,013,807  
Shareholders’ equity:      
Common stock (one dollar par value, shares authorized 1,000,000; shares issued 2022 - 371,353; 2021 - 371,353; shares outstanding 2022 - 293,433; 2021 - 320,336) 371,353 371,353  
Paid-in capital 1,798,842 1,794,906  
Treasury stock at cost (shares 2022 - 77,920; 2021 - 51,017) (1,050,238) (675,265)  
Accumulated other comprehensive income, net of tax (481,511) 119,697  
Retained earnings 4,004,294 3,250,691  
Total shareholders' equity 4,642,740 4,861,382  
Total liabilities and shareholders' equity 5,321,391 5,875,189  
Parenthetical information [Abstract]      
Fixed income, amortized cost $ 419,751 $ 550,324  
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) 293,433,000 32,336,000  
Treasury stock, shares at cost (in shares) 77,920,000 51,017,000  
Revenues:      
Investment income, net of expenses $ 7,193 $ 3,850 7,090
Net gains (losses) on investments and other financial instruments (2,628) 490 1,454
Total revenues 4,565 4,340 8,544
Expenses:      
Operating expenses 1,575 1,644 719
Interest expense 47,601 68,359 65,472
Loss on debt extinguishment 38,870 36,914 35,033
Total losses and expenses 88,046 106,917 101,224
Income before tax (83,481) (102,577) (92,680)
Provision for income taxes (17,851) (21,240) (18,431)
Equity in net income of subsidiaries 930,979 716,320 520,342
Net income 865,349 634,983 446,093
Other comprehensive income (loss), net of tax (601,208) (97,124) 144,113
Comprehensive income 264,141 537,859 590,206
Cash flows from operating activities:      
Net income 865,349 634,983 446,093
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in net income of subsidiaries (930,979) (716,320) (520,342)
Dividends received from subsidiaries 626,695 400,000 221,024
Deferred federal 119,588 (21,551) (18,252)
Loss on debt extinguishment 38,870 36,914 35,033
Other 33,619 29,799 19,088
Change in certain assets and liabilities:      
Accounts receivable - affiliates 1,266 (680) 972
Income taxes receivable (43,123) (306) 0
Accrued investment income 931 1,118 (1,262)
Accrued interest (7,230) (2,503) 5,076
Net cash provided by operating activities 704,986 361,454 187,430
Cash flows from investing activities:      
Purchases of investments (1,457) (339,384) (1,131,060)
Proceeds from sales of investments 287,924 556,384 812,188
Net cash provided by (used in) investing activities 286,467 217,000 (318,872)
Cash flows from financing activities:      
Proceeds from issuance of senior notes 0 0 640,250
Purchase of senior notes 0 0 (179,735)
Payment of original issue discount - senior notes 0 0 (2,969)
Purchase of convertible junior subordinated debentures (89,118) (98,610) (36,392)
Payment of original issue discount- convertible junior subordinated debentures 0 0 (15,049)
Redemption of 5.75% senior notes (242,296) 0 0
Cash portion of loss on debt extinguishment (38,185) (36,914) (25,266)
Repurchase of common stock (385,573) (290,818) (119,997)
Dividends paid (110,947) (94,219) (82,061)
Payment of debt issuance costs 0 0 (2,020)
Payment of withholding taxes related to share-based compensation net share settlement (10,094) (6,729) (8,940)
Net cash (used in) provided by financing activities (876,213) (527,290) 167,821
Net increase in cash and cash equivalents and restricted cash and cash equivalents 115,240 51,164 36,379
Cash and cash equivalents and restricted cash and cash equivalents at beginning of year 124,164 73,000 36,621
Cash and cash equivalents and restricted cash and cash equivalents at end of year $ 239,404 $ 124,164 $ 73,000