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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net earnings $ 67,309 $ 51,265
Adjustments to reconcile net earnings to net cash from operating activities:    
Universal life and annuity contract interest 216,933 147,254
Surrender charges and other policy revenues (10,854) (1,340)
Realized (gains) losses on investments (8,112) (6,520)
Accrual and amortization of investment income (1,740) (2,140)
Depreciation and amortization 4,246 4,019
(Increase) decrease in value of index options (42,328) 38,774
(Increase) decrease in deferred policy acquisition and sales inducement costs (3,604) (52,324)
(Increase) decrease in accrued investment income (5,852) (10,052)
(Increase) decrease in other assets (6,088) (6,015)
Increase (decrease) in liabilities for future policy benefits 8,335 17,250
Increase (decrease) in other policyholder liabilities 1,417 (3,142)
Increase (decrease) in Federal income taxes (14,391) (4,353)
Increase (decrease) in other liabilities 18,416 (322)
Other, net 0 0
Net cash provided by operating activities 223,687 172,354
Proceeds from sales of:    
Securities available for sale 7,539 19,248
Other investments 8,646 4,732
Proceeds from maturities and redemptions of:    
Securities held to maturity 1,021,666 375,016
Securities available for sale 252,464 89,379
Index options 25,225 73,980
Purchases of:    
Securities held to maturity (1,208,044) (884,205)
Securities available for sale (388,228) (263,937)
Index options (42,184) (50,239)
Other investments (5,036) (10,361)
Principal payments on mortgage loans 38,783 13,577
Cost of mortgage loans acquired (16,728) (33,918)
Decrease (increase) in policy loans 829 4,225
Other, net (2) 0
Net cash used in investing activities (305,070) (662,503)
Cash flows from financing activities:    
Deposits to account balances for universal life and annuity contracts 715,037 1,116,161
Return of account balances on universal life and annuity contracts (625,306) (615,196)
Issuance of common stock under stock option plan 0 908
Net cash provided by financing activities 89,731 501,873
Effect of foreign exchange 307 (154)
Net increase (decrease) in cash and short-term investments 8,655 11,570
Cash and short-term investments at beginning of period 119,290 80,332
Cash and short-term investments at end of period 127,945 91,902
Cash paid during the period for:    
Interest 30 10
Income taxes 49,540 30,209
Noncash operating activities:    
Deferral of sales inducements $ 2,965 $ 12,386