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STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities      
Management fee received $ 1,751,247 $ 1,627,558 $ 1,536,699
Administrative services reimbursements received 574,698    
Service agreement fee received 28,677 29,149 29,200
Net investment income received 37,489 31,281 26,796
Limited partnership distributions 7,173 5,128 17,837
(Decrease) increase in reimbursements collected from affiliates   (4,720) 247
Commissions paid to agents (853,758) (800,627) (756,713)
Agents bonuses paid (134,314) (122,743) (113,859)
Salaries and wages paid (182,537) (171,547) (160,985)
Pension contributions and employee benefits paid (115,525) (89,981) (44,250)
General operating expenses paid (208,036) (199,084) (176,029)
Administrative services expenses paid (580,338)    
Income taxes paid (58,814) (106,250) (104,607)
Interest paid (2,377) (1,038) 0
Net cash provided by operating activities 263,585 197,126 254,336
Purchase of investments:      
Available-for-sale securities (392,895)    
Available-for-sale securities   (391,181) (369,811)
Equity securities (4,087)    
Limited partnerships (243) (410) (578)
Proceeds from investments:      
Available-for-sale securities sales 235,323    
Available-for-sale securities sales   144,317 89,498
Available-for-sale securities maturities/calls 134,396 194,980 146,285
Equity securities 4,162    
Trading securities     5,171
Limited partnerships 3,387 10,768 16,113
Purchase of fixed assets (56,297) (28,927) (25,208)
Proceeds from disposal of fixed assets 6,014 0 0
Distributions on agent loans (42,594) (9,153) (5,215)
Collections on agent loans 6,436 4,943 6,801
Repayment of note receivable from Erie Family Life Insurance 25,000 0 0
Net cash used in investing activities (81,398) (74,663) (136,944)
Cash flows from financing activities      
Dividends paid to shareholders (156,474) (145,765) (135,985)
Net proceeds from long-term borrowings 24,983 49,951 24,776
Net cash used in financing activities (131,491) (95,814) (111,209)
Net increase in cash and cash equivalents 50,696 26,649 6,183
Cash and cash equivalents, beginning of year 215,721 189,072 182,889
Cash and cash equivalents, end of year 266,417 215,721 189,072
Supplemental disclosure of noncash transactions      
Transfer of investments from limited partnerships to trading securities 0 0 4,464
Liability incurred to purchase fixed assets $ 8,453 $ 0 $ 0