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STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities      
Management fee received $ 1,454,902 $ 1,348,885 $ 1,240,311
Service agreement fee received 29,997 30,929 30,930
Net investment income received 25,999 22,846 21,517
Limited partnership distributions 14,112 15,327 27,050
Increase (decrease) in reimbursements collected from affiliates 7,775 (7,472) 6,435
Commissions paid to agents (725,714) (665,154) (617,086)
Agents bonuses paid (96,749) (83,436) (64,597)
Salaries and wages paid (155,303) (153,459) (147,059)
Pension contribution and employee benefits paid (40,993) (48,516) (40,844)
General operating expenses paid (190,301) (178,452) (152,456)
Income taxes paid (106,347) (95,485) (86,193)
Net cash provided by operating activities 217,378 186,013 218,008
Purchase of investments:      
Available-for-sale securities (228,308) (250,789) (242,676)
Limited partnerships (928) (1,123) (2,907)
Proceeds from investments:      
Available-for-sale securities 214,991 236,080 159,524
Limited partnerships 26,735 28,613 29,054
Net purchase of fixed assets (12,556) (19,473) (10,750)
Net collections on agent loans 688 1,595 2,523
Net cash provided by (used in) investing activities 622 (5,097) (65,232)
Cash flows from financing activities      
Purchase of treasury stock 0 (19,692) (31,721)
Dividends paid to shareholders (126,858) (118,526) (83,618)
Net cash used in financing activities (126,858) (138,218) (115,339)
Net increase in cash and cash equivalents 91,142 42,698 37,437
Cash and cash equivalents, beginning of year 91,747 49,049 11,612
Cash and cash equivalents, end of year $ 182,889 $ 91,747 $ 49,049