XML 104 R89.htm IDEA: XBRL DOCUMENT v3.3.1.900
Condensed Financial Information - Statement of Cash Flows (Detail) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating activities:                      
Net income $ 17,743 $ 18,201 $ 19,184 $ 25,929 $ 19,275 $ 31,225 $ 16,861 $ 27,968 $ 81,057 $ 95,329 $ 63,466
Adjustments to reconcile net income to net cash provided by (used in) operations:                      
Call premium on redemption of Senior notes                     17,895
Other                 (4,679) 29,039 31,987
Net cash provided by (used in) operating activities                 227,624 222,492 136,875
Fixed maturities, available-for-sale                      
Sales                 376,522 362,136 648,335
Purchases                 (648,059) (864,902) (899,930)
Equity securities                      
Sales                 96,405 54,900 72,113
Purchases                 (215,405) (83,845) (89,288)
Net increase in short-term investments                 (38,468) 117,740 (142,214)
Net cash provided by (used in) investing activities                 (249,855) (219,470) (229,859)
Financing activities:                      
Net proceeds from debt offering                     263,278
Redemption of 7.0% Senior notes due May 1, 2016                     (132,437)
Proceeds of stock issued from employee stock purchase plan                 1,352 1,067 821
Proceeds of stock issued from exercise of stock options                 29 153 2,495
Net cash provided by (used in) financing activities                 1,381 1,220 134,157
Increase (decrease) in cash                 (20,850) 4,242 41,173
Cash at beginning of year       90,751       86,509 90,751 86,509 45,336
Cash at end of period 69,901       90,751       69,901 90,751 86,509
Parent Company                      
Operating activities:                      
Net income                 81,057 95,329 63,466
Adjustments to reconcile net income to net cash provided by (used in) operations:                      
Equity in undistributed net income of wholly-owned subsidiaries                 (90,862) (105,379) (81,971)
Call premium on redemption of Senior notes                     17,895
Other                 3,373 9,211 2,098
Net cash provided by (used in) operating activities                 (6,432) (839) 1,488
Fixed maturities, available-for-sale                      
Sales                 1,250 3,200 8,754
Purchases                     (1,249)
Equity securities                      
Sales                 0 0 0
Purchases                 0 0 0
Net increase in short-term investments                 3,918 (3,424) (89,988)
Net cash provided by (used in) investing activities                 5,168 (224) (82,483)
Financing activities:                      
Capital contribution to subsidiary                     (50,000)
Net proceeds from debt offering                     263,278
Redemption of 7.0% Senior notes due May 1, 2016                     (132,437)
Proceeds of stock issued from employee stock purchase plan                 1,352 1,067 821
Proceeds of stock issued from exercise of stock options                 29 153 2,495
Net cash provided by (used in) financing activities                 1,381 1,220 84,157
Increase (decrease) in cash                 117 157 3,162
Cash at beginning of year       $ 6,300       $ 6,143 6,300 6,143 2,981
Cash at end of period $ 6,417       $ 6,300       $ 6,417 $ 6,300 $ 6,143