XML 78 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows used in operating activities $ (260,968) $ (291,570)
Cash flows from investing activities:    
Proceeds from sales of fixed-maturity investments available for sale 46,718 16,049
Proceeds from sales of trading securities 525,178 630,435
Proceeds from redemptions of fixed-maturity investments available for sale 3,015 2,415
Proceeds from redemptions of fixed-maturity investments held to maturity 300 255
Proceeds from redemptions of equity securities available for sale 0 10,503
Purchases of fixed-maturity investments available for sale (253,072) 0
Purchases of trading securities 0 (429,001)
Purchases of short-term investments, net (227,572) (554,429)
Sales of other assets, net 6,825 15,210
Purchases of property and equipment, net (8,048) (712)
Acquisitions, net of cash acquired (294,869) 0
Net cash used in investing activities (201,525) (309,275)
Cash flows from financing activities:    
Dividends paid (910) (767)
Proceeds/payments related to issuance or exchange of debt, net 294,402 381,165
Redemption of long-term debt (57,223) (79,372)
Issuance of common stock 247,388 299,542
Excess tax benefits from stock-based awards 106 553
Net cash provided by financing activities 483,763 601,121
Effect of exchange rate changes on cash (13) 0
(Decrease) increase in cash 21,257 276
Cash, beginning of period 23,858 31,555
Cash, end of period 45,115 31,831
Supplemental disclosures of cash flow information:    
Income taxes paid 7,109 1,785
Interest paid $ 21,558 $ 15,970