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STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities    
Management fee received $ 806,129 $ 757,193
Service agreement fee received 14,503 14,489
Net investment income received 15,022 12,921
Limited partnership distributions 1,339 5,418
Decrease in reimbursements collected from affiliates (5,633) (12,288)
Commissions paid to agents (386,400) (363,968)
Agents bonuses paid (115,056) (107,170)
Salaries and wages paid (95,462) (90,509)
Pension contribution and employee benefits paid (33,737) (31,631)
General operating expenses paid (113,122) (91,715)
Income taxes paid (47,767) (42,258)
Interest paid (325)  
Net cash provided by operating activities 39,491 50,482
Purchase of investments:    
Available-for-sale securities (184,803) (161,835)
Limited partnerships (325) (367)
Proceeds from investments:    
Available-for-sale securities sales 57,851 42,358
Available-for-sale securities maturities/calls 100,042 69,672
Trading securities   3,146
Limited partnerships 4,344 11,246
Net purchase of fixed assets (9,972) (7,257)
Net (distributions) collections on agent loans (3,083) 1,770
Net cash used in investing activities (35,946) (41,267)
Cash flows from financing activities    
Dividends paid to shareholders (72,883) (67,993)
Net proceeds from long-term borrowings 24,975  
Net cash used in financing activities (47,908) (67,993)
Net decrease in cash and cash equivalents (44,363) (58,778)
Cash and cash equivalents, beginning of period 189,072 182,889
Cash and cash equivalents, end of period $ 144,709 $ 124,111