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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income $ 79,165 $ 65,715
Adjustments to reconcile net income to cash provided by (used in) operating activities:    
Change in future policy benefits and other policy liabilities 65,733 69,052
Deferral of policy acquisition costs (105,080) (111,422)
Amortization of deferred policy acquisition costs 64,628 60,165
Change in income taxes 6,180 6,444
Realized investment (gains) losses, including other-than-temporary impairments (2,847) 1,656
Accretion and amortization of investments (120) (126)
Depreciation and amortization 4,156 3,044
Change in reinsurance recoverables (54,860) (66,974)
Change in agent balances, due premiums and other receivables (7,910) 2,440
Trading securities sold, matured, or called (acquired), net (12,918) (24,025)
Share-based compensation 10,896 11,502
Change in other operating assets and liabilities, net 19,398 26,863
Net cash provided by (used in) operating activities 66,421 44,334
Available-for-sale investments sold, matured or called:    
Fixed-maturity securities — sold 6,467 14,873
Fixed-maturity securities — matured or called 108,972 105,109
Equity securities — sold 3,109  
Available-for-sale investments acquired:    
Equity securities — acquired (375) (69)
Purchases of property and equipment and other investing activities, net (6,594) (2,080)
Cash collateral received (returned) on loaned securities, net 12,352 (353)
Sales (purchases) of short-term investments using securities lending collateral, net (12,352) 353
Net cash provided by (used in) investing activities 25,278 (70,020)
Cash flows from financing activities:    
Dividends paid (14,628) (11,278)
Common stock repurchased (53,625) (46,328)
Tax withholdings on share-based compensation (6,664) (5,236)
Finance leases (70)  
Net cash provided by (used in) financing activities (74,987) (62,842)
Effect of foreign exchange rate changes on cash 776 (849)
Change in cash and cash equivalents 17,488 (89,377)
Cash and cash equivalents, beginning of period 262,138 279,962
Cash and cash equivalents, end of period 279,626 190,585
Fixed-maturity Securities [Member]    
Available-for-sale investments acquired:    
Fixed-maturity securities $ (86,301) $ (187,853)