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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows - operating activities    
Premiums collected $ 167,568 $ 164,261
Policyholder benefits paid (114,113) (112,825)
Policy acquisition and other operating expenses paid (76,090) (78,740)
Federal income taxes paid 0 (6,976)
Investment income collected 77,459 71,483
Interest expense paid (275) (237)
Other (1,464) (2,549)
Net cash provided by operating activities 53,085 34,417
Fixed maturities    
Purchases (321,571) (380,564)
Sales 52,940 99,182
Maturities, paydowns, calls and redemptions 66,605 118,975
Net cash provided by short-term and other investments 130,778 52,227
Net cash used in investing activities (71,248) (110,180)
Cash flows - financing activities    
Dividends paid to shareholders (9,784) (8,052)
Acquisition of treasury stock (3,867) (1,843)
Exercise of stock options 3,746 4,410
Annuity contracts: variable, fixed and FHLB funding agreements    
Deposits 100,305 90,181
Benefits, withdrawals and net transfers to Separate Account (variable annuity) assets (78,746) (61,969)
Life policy accounts    
Deposits 106 311
Withdrawals and surrenders (983) (1,091)
Cash received related to repurchase agreements 23,384 87,833
Change in bank overdrafts 728 698
Net cash provided by financing activities 34,889 110,478
Net increase in cash 16,726 34,715
Cash at beginning of period 18,189 15,181
Cash at end of period $ 34,915 $ 49,896