XML 21 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities    
Management fee received $ 1,155,234 $ 1,094,122
Service agreement fee received 21,756 22,501
Net investment income received 19,643 18,972
Limited partnership distributions 7,222 12,077
Decrease in reimbursements collected from affiliates (11,893) (16,716)
Commissions paid to agents (565,490) (539,227)
Agents bonuses paid (110,503) (93,495)
Salaries and wages paid (119,991) (115,126)
Pension contribution and employee benefits paid (37,341) (34,125)
General operating expenses paid (133,729) (143,955)
Income taxes paid (69,357) (74,033)
Net cash provided by operating activities 155,551 130,995
Purchase of investments:    
Available-for-sale securities (269,237) (173,330)
Limited partnerships (449) (693)
Proceeds from investments:    
Available-for-sale securities 164,266 153,265
Trading securities 5,171  
Limited partnerships 12,404 21,777
Net purchase of fixed assets (10,415) (7,176)
Net collections on agent loans 1,622 696
Net cash used in investing activities (96,638) (5,461)
Cash flows from financing activities    
Dividends paid to shareholders (101,989) (95,143)
Net cash used in financing activities (101,989) (95,143)
Net (decrease) increase in cash and cash equivalents (43,076) 30,391
Cash and cash equivalents, beginning of period 182,889 91,747
Cash and cash equivalents, end of period $ 139,813 $ 122,138