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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net earnings $ 32,001 $ 39,220
Adjustments to reconcile net earnings to net cash from operating activities:    
Universal life and annuity contract interest 145,381 80,631
Surrender charges and other policy revenues (15,280) (18,787)
Realized (gains) losses on investments (3,582) 378
Accrual and amortization of investment income (1,369) (933)
Depreciation and amortization 390 2,191
(Increase) decrease in value of index options (22,750) 70,482
Increase in deferred policy acquisition and sales inducement costs (26,674) (50,732)
Increase in accrued investment income (5,967) (4,276)
Increase in other assets (2,756) (14,362)
Increase in liabilities for future policy benefits 7,775 13,308
(Decrease) increase in other policyholder liabilities (5,774) 3,483
Decrease in Federal income taxes (8,555) (17,355)
(Decrease) increase in other liabilities (2,390) 19,437
Other, net 0 1
Net cash provided by operating activities 90,450 122,686
Proceeds from sales of:    
Securities available for sale 11,196 8,860
Other investments 3,348 2,725
Proceeds from maturities and redemptions of:    
Securities held to maturity 221,449 315,447
Securities available for sale 52,482 39,740
Index options 34,615 21,159
Purchases of:    
Securities held to maturity (530,454) (664,897)
Securities available for sale (143,859) (203,900)
Other investments (37,058) (25,460)
Principal payments on mortgage loans 8,961 16,017
Cost of mortgage loans acquired (28,476) (38,366)
Decrease in policy loans 2,705 449
Other, net 0 0
Net cash used in investing activities (405,091) (528,226)
Cash flows from financing activities:    
Deposits to account balances for universal life and annuity contracts 719,078 653,171
Return of account balances on universal life and annuity contracts (405,185) (298,582)
Issuance of common stock under stock option plan 1,217 0
Net cash provided by financing activities 315,110 354,589
Effect of foreign exchange (134) (95)
Net increase (decrease) in cash and short-term investments 335 (51,046)
Cash and short-term investments at beginning of period 80,332 108,866
Cash and short-term investments at end of period 80,667 57,820
Cash paid during the period for:    
Interest 10 20
Income taxes 24,211 35,840
Noncash operating activities:    
Deferral of sales inducements $ 5,225 $ 8,898