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STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities      
Management fee received $ 1,536,699 $ 1,454,902 $ 1,348,885
Service agreement fee received 29,200 29,997 30,929
Net investment income received 26,796 25,999 22,846
Limited partnership distributions 17,837 14,112 15,327
Increase (decrease) in reimbursements collected from affiliates 247 7,775 (7,472)
Commissions paid to agents (756,713) (725,714) (665,154)
Agents bonuses paid (113,859) (96,749) (83,436)
Salaries and wages paid (160,985) (155,303) (153,459)
Pension contribution and employee benefits paid (44,250) (40,993) (48,516)
General operating expenses paid (176,029) (190,301) (178,452)
Income taxes paid (104,607) (106,347) (95,485)
Net cash provided by operating activities 254,336 217,378 186,013
Purchase of investments:      
Available-for-sale securities (369,811) (228,308) (250,789)
Limited partnerships (578) (928) (1,123)
Proceeds from investments:      
Available-for-sale securities sales 89,498 102,286 116,401
Available-for-sale securities maturities/calls 146,285 112,705 119,679
Trading securities 5,171 0 0
Limited partnerships 16,113 26,735 28,613
Net purchase of fixed assets (25,208) (12,556) (19,473)
Net collections on agent loans 1,586 688 1,595
Net cash (used in) provided by investing activities (136,944) 622 (5,097)
Cash flows from financing activities      
Purchase of treasury stock 0 0 (19,692)
Dividends paid to shareholders (135,985) (126,858) (118,526)
Net proceeds from long-term borrowings 24,776    
Net cash used in financing activities (111,209) (126,858) (138,218)
Net increase in cash and cash equivalents 6,183 91,142 42,698
Cash and cash equivalents, beginning of year 182,889 91,747 49,049
Cash and cash equivalents, end of year 189,072 $ 182,889 $ 91,747
Supplemental disclosure of noncash transactions      
Transfer of investments from limited partnerships to trading securities $ 4,464