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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net earnings $ 49,009 $ 43,623
Adjustments to reconcile net earnings to net cash from operating activities:    
Universal life and annuity contract interest 165,365 211,738
Surrender charges and other policy revenues (9,104) (7,105)
Realized (gains) losses on investments (4,578) (3,914)
Accretion/amortization of discounts and premiums, investments (465) (1,487)
Depreciation and amortization 1,741 2,813
(Increase) decrease in value of derivatives (45,799) (91,124)
(Increase) decrease in deferred policy acquisition and sales inducement costs (6,062) (4,984)
(Increase) decrease in accrued investment income (449) (2,224)
(Increase) decrease in other assets (1,635) (2,594)
Increase (decrease) in liabilities for future policy benefits 1,344 5,349
Increase (decrease) in other policyholder liabilities 7,127 16,669
Increase (decrease) in Federal income taxes (984) (563)
Increase (decrease) in other liabilities (2,806) 87
Other, net (1) 0
Net cash provided by operating activities 152,703 166,284
Proceeds from sales of:    
Securities held to maturity 0 1,980
Securities available for sale 5,334 9,670
Other investments 1,016 9,945
Proceeds from maturities and redemptions of:    
Securities held to maturity 360,420 710,366
Securities available for sale 102,813 128,127
Index options 105,268 54,640
Purchases of:    
Securities held to maturity (477,353) (970,658)
Securities available for sale (195,023) (191,387)
Index options (33,610) (28,498)
Other investments (296) (15)
Principal payments on mortgage loans 10,240 25,490
Cost of mortgage loans acquired (29,611) (2,419)
Decrease (increase) in policy loans 981 754
Other, net 2 (4)
Net cash used in investing activities (149,819) (252,009)
Cash flows from financing activities:    
Deposits to account balances for universal life and annuity contracts 460,611 477,776
Return of account balances on universal life and annuity contracts (450,565) (448,973)
Issuance of common stock under stock option plan 350 0
Net cash provided by financing activities 10,396 28,803
Effect of foreign exchange (633) 593
Net increase (decrease) in cash and short-term investments 12,647 (56,329)
Cash and short-term investments at beginning of period 120,859 124,561
Cash and short-term investments at end of period 133,506 68,232
Cash paid during the period for:    
Interest 20 30
Income taxes 24,416 22,695
Noncash operating activities:    
Deferral of sales inducements $ (4,851) $ 1,429