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STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities    
Management fee received $ 859,694 $ 806,129
Administrative services reimbursements received 298,056  
Service agreement fee received 14,225 14,503
Net investment income received 17,279 15,022
Limited partnership distributions 3,037 1,339
Decrease in reimbursements collected from affiliates   (5,633)
Commissions paid to agents (413,880) (386,400)
Agents bonuses paid (126,594) (115,056)
Salaries and wages paid (102,601) (95,462)
Pension contribution and employee benefits paid (99,334) (33,737)
General operating expenses paid (111,381) (113,122)
Administrative services expenses paid (295,635)  
Income taxes paid (208) (47,767)
Interest paid (1,065) (325)
Net cash provided by operating activities 41,593 39,491
Purchase of investments:    
Available-for-sale securities (114,848)  
Available-for-sale securities   (184,803)
Equity securities (1,035)  
Limited partnerships (215) (325)
Proceeds from investments:    
Available-for-sale securities sales 76,387  
Available-for-sale securities sales   57,851
Available-for-sale securities maturities/calls 69,674 100,042
Equity securities 1,157  
Limited partnerships 2,682 4,344
Net purchase of fixed assets (18,121) (9,972)
Net distributions on agent loans (21,334) (3,083)
Net cash used in investing activities (5,653) (35,946)
Cash flows from financing activities    
Dividends paid to shareholders (78,235) (72,883)
Net proceeds from long-term borrowings 24,986 24,975
Net cash used in financing activities (53,249) (47,908)
Net decrease in cash and cash equivalents (17,309) (44,363)
Cash and cash equivalents, beginning of period 215,721 189,072
Cash and cash equivalents, end of period $ 198,412 $ 144,709