Supplemental Disclosures of Cash Flow Information and Non-Cash Financing and Investing Activities

12 Months Ended

Dec. 31, 2020

Supplemental Cash Flow Elements [Abstract]

Supplemental Disclosures of Cash Flow Information and Non-Cash Financing and Investing Activities

NOTE 13 Supplemental Disclosures of Cash Flow Information and Non-Cash Financing and Investing Activities

The Company’s cash paid during the period for interest and income taxes are summarized as follows:

	Year Ended December 31,
(in thousands)	2020		2019		2018
Cash paid during the period for:
Interest	$	52,378	$	58,290	$	38,032
Income taxes, net of refunds	$	131,596	$	109,766	$	110,350

The Company’s significant non-cash investing and financing activities are summarized as follows:

	Year Ended December 31,
(in thousands)	2020		2019		2018
Other payables issued for purchased customer accounts	$	9,130	$	12,135	$	5,462
Estimated acquisition earn-out payables and related charges	$	131,397	$	82,872	$	77,378
Notes received on the sale of fixed assets and customer accounts	$	—	$	9,903	$	52

Our Restricted Cash balance is composed of funds held in separate premium trust accounts as required by state law or, in some cases, per agreement with our carrier partners. The following is a reconciliation of cash and cash equivalents inclusive of restricted cash as of December 31, 2020, 2019 and 2018.

	Balance as of December 31,
(in thousands)	2020		2019		2018
Table to reconcile cash and cash equivalents inclusive of restricted cash
Cash and cash equivalents	$	817,398	$	542,174	$	438,961
Restricted cash		454,517		420,801		338,635
Total cash and cash equivalents inclusive of restricted cash at the end of the period	$	1,271,915	$	962,975	$	777,596