Supplementary Data on Cash Flows (Tables)

12 Months Ended

Dec. 31, 2022

Supplemental Cash Flow Information [Abstract]

Schedule of Reconciliation of Net Income to Net Cash Provided by Operating Activities as Presented in the Statements of Cash Flows

A reconciliation of net income to net cash provided by operating activities as presented in the Statements of Cash Flows is as follows for the years ended December 31:

(in thousands)	2022		2021		2020
Cash flows from operating activities:
Net income	$	298,569	$	297,860	$	293,304
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	46,166		37,210		21,195
Deferred income tax expense (benefit)	9,468		(1,854)		(5,162)
Lease amortization expense	5,554		11,887		13,108
Losses (gains) and impairment losses (recoveries) on investments	27,953		(2,307)		(3,114)
Loss (gain) on disposal of fixed assets	172		(13)		(15)
Net investment loss (income)	12,916		(25,944)		5,878
(Decrease) increase in deferred compensation	(1,463)		(5,006)		7,611
(Increase) decrease in receivables from affiliates	(45,814)		15,514		(26,548)
Increase in accrued investment income	(1,998)		(157)		(713)
Increase in pension liability	15,647		52,755		41,227
(Increase) decrease in prepaid expenses and other assets	(25,843)		12,161		(4,771)
Increase (decrease) in accounts payable and accrued expenses	18,993		(4,823)		(14,307)
Increase (decrease) in commissions payable	29,282		8,408		(625)
(Decrease) increase in accrued agent bonuses	(25,271)		10,279		14,105
Increase (decrease) in contract liability	1,821		(3,176)		1,422
Net cash provided by operating activities	$	366,152	$	402,794	$	342,595