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Consolidated Statements Of Changes In Shareholders' Equity - USD ($)
$ in Thousands
Total
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Loss [Member]
Treasury Stock at Cost [Member]
Non-controlling Interests [Member]
Parent [Member]
Balance, beginning of year at Dec. 31, 2016   $ 150,000 $ 10,426 $ 1,840,551 $ 876,958 $ (39,042) $ (100,485)    
Common stock issued under employee plans     292 (288,152)     74,175    
Common stock repurchased             (12,998)    
Common stock issued for acquisitions     28 9,324          
Unit amortization, net of forfeitures       167,908          
Net income $ 182,871       182,871        
Dividends declared, Common         (17,446)        
Dividends declared, Preferred         (9,375)        
Dividends declared to equity-award holders       3,758          
Other       (41) 518        
Unrealized gains/(losses) on securities, net of tax 4,730 [1],[2],[3],[4]         4,730      
Unrealized losses on cash flow hedging activities, net of tax           (320)      
Foreign currency translation adjustment, net of tax 7,896 [3],[4]         7,896      
Balance, end of year at Dec. 31, 2017 2,861,576 150,000 10,746 1,733,348 1,033,526 (26,736) (39,308)   $ 2,861,576
Common stock issued under employee plans     123 (60,256) (10,985)   28,655    
Common stock repurchased (170,200)           (170,204)    
Common stock issued for acquisitions     297 110,374          
Unit amortization, net of forfeitures       102,971          
Net income 393,968       393,968        
Dividends declared, Common         (41,450)        
Dividends declared, Preferred         (9,375)        
Dividends declared to equity-award holders       6,812          
Other       55 1,943        
Unrealized gains/(losses) on securities, net of tax (36,254) [1],[2],[3],[4]         (36,254)      
Unrealized losses on cash flow hedging activities, net of tax           (792)      
Foreign currency translation adjustment, net of tax (5,691) [3],[4]         (5,691)      
Cumulative adjustments for accounting changes [5]         (1,124) (3,050)      
Capital contributions from non-controlling interest holders               $ 30,000  
Balance, end of year at Dec. 31, 2018 3,197,593 150,000 11,166 1,893,304 1,366,503 (72,523) (180,857) 30,000 3,167,593
Common stock issued under employee plans       (91,898) (19,819)   76,627    
Common stock repurchased (215,400)           (215,430)    
Unit amortization, net of forfeitures       112,864          
Net income 448,396       449,986     1,590  
Dividends declared, Common         (50,743)        
Dividends declared, Preferred         (17,319)        
Issuance of preferred stock   160,000   (5,012)          
Other       28 (1,787)        
Unrealized gains/(losses) on securities, net of tax 60,288 [1],[2],[3],[4]         60,288      
Unrealized losses on cash flow hedging activities, net of tax           (4,402)      
Foreign currency translation adjustment, net of tax 4,932 [3],[4]         4,932      
Cumulative adjustments for accounting changes [5]         (11,117)        
Capital contributions from non-controlling interest holders               26,800  
Distributions to non-controlling interest holders               (3,391)  
Balance, end of year at Dec. 31, 2019 $ 3,669,790 $ 310,000 $ 11,166 $ 1,909,286 $ 1,715,704 $ (11,705) $ (319,660) $ 54,999 $ 3,614,791
[1] Amounts are net of reclassifications to earnings of realized losses of $0.2 million and $2.9 million and realized gains of $0.2 million for the years ended December 31, 2019, 2018, and 2017, respectively.
[2] As part of the adoption of ASU 2019-04, in the third quarter of 2019, the Company made a one-time election to transfer a portion of its held-to-maturity securities to available-for-sale. The transfer resulted in a net of tax increase to accumulated other comprehensive income of $17.9 million. See Notes 2 and 7 for additional information on the transfer.
[3] Net of a tax expense of $20.2 million, tax benefit of $11.2 million, and tax expense of $3.3 million for the years ended December 31, 2019, 2018, and 2017, respectively.
[4] The adoption of ASU 2018-02 on January 1, 2018, resulted in a reclassification of $3.1 million to retained earnings related to cash flow hedges and investment portfolio risk. The reclassification is reflected in the activity for the year ended December 31, 2018. See Note 2 for further details.
[5] Cumulative adjustments for accounting changes relate to the adoption of certain accounting updates. See Note 2 of the Notes to Consolidated Financial Statements for additional information.