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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating Activities:    
Net Income $ 62,982 $ 41,612
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Depreciation & Amortization 1,578 2,411
Share-Based Compensation 5,971 9,146
Deferred Income Taxes (736) (10,793)
Total Net Realized and Unrealized Gains (1,104) (2,743)
Net Other-Than-Temporary Impairments Recognized in Earnings 0 1,093
Changes in Assets And Liabilities:    
Reinsurance Recoverable on Paid and Unpaid Losses and Loss Adjustment Expenses 5,777 13,107
Reserves for Losses and Loss Adjustment Expenses 27,567 52,063
Prepaid Reinsurance Premiums (8,629) (24,982)
Unearned Premiums 127,861 115,511
Premiums Receivable (106,326) (116,689)
Deferred Policy Acquisition Costs (21,991) (13,137)
Accrued Investment Income (805) (881)
Reinsurance Balances Payable (3,789) 16,145
Current Income Tax Receivable, Net (4,870) 7,175
Other (765) (16,134)
Net Cash Provided by Operating Activities 82,721 72,904
Fixed Maturities    
Redemptions and Maturities 258,931 165,690
Sales 271,804 95,240
Purchases (499,956) (356,970)
Equity Securities    
Sales   39,487
Sales 28,757  
Purchases   (21,022)
Purchases (76,419)  
Net Sales and Purchases of Other Invested Assets (8,591) (10,105)
Net Sales, Maturities and Purchases of Short-Term Investments 32 (171)
Net Change in Unsettled Security Transactions 43,475 12,028
Purchase of Subsidiaries, Net of Acquired Cash (22,383) 0
Net Purchase of Property and Equipment (3,841) (2,098)
Net Cash Used in Investing Activities (8,191) (77,921)
Financing Activities:    
Proceeds from Employee Stock Purchase Plan 969 1,147
Payment of Employee Tax Withholding on Stock Compensation (7,786) (13,189)
Dividends Paid (4,151) (3,092)
Net Cash Used in Financing Activities (10,968) (15,134)
Effect of Exchange Rate on Unrestricted and Restricted Cash and Cash Equivalents 830 1,805
Change in Unrestricted and Restricted Cash and Cash Equivalents 64,392 (18,346)
Unrestricted and Restricted Cash and Cash Equivalents at Beginning of Year 158,964 172,846
Unrestricted and Restricted Cash and Cash Equivalents at End of Period 223,356 154,500
Supplemental Information:    
Income Taxes Paid, Net 19,349 21,445
Interest Paid 7,619 7,619
Issuance of Stock to Directors $ 783 $ 578