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Supplementary Data on Cash Flows
 12 Months Ended
Dec. 31, 2016
Supplemental Cash Flow Elements [Abstract]  
Supplementary Data on Cash Flows
NOTE 13 - Supplementary Data on Cash Flows
 
A reconciliation of net income to net cash provided by operating activities as presented in the Consolidated Statements of Cash Flows is as follows:
   
 
 
Year Ended December 31,
 
 
 
2016
 
 
2015
 
 
2014
 
 
 
 
 
 
 
 
 
 
 
Cash flows from operating activities
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
83,765
 
 
$
93,482
 
 
$
104,243
 
Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
 
 
 
 
 
 
 
 
 
Net realized investment gains
 
 
(4,123
)
 
 
(12,713
)
 
 
(10,917
)
Increase in accrued investment income
 
 
(2,208
)
 
 
(2,566
)
 
 
(5,563
)
Increase (decrease) in accrued expenses
 
 
4,378
 
 
 
(5,798
)
 
 
1,513
 
Depreciation and amortization
 
 
6,896
 
 
 
7,734
 
 
 
7,958
 
Increase in insurance liabilities
 
 
176,315
 
 
 
145,313
 
 
 
153,423
 
Increase in premium receivables
 
 
(11,496
)
 
 
(8,641
)
 
 
(3,638
)
Increase in deferred policy acquisition costs
 
 
(15,859
)
 
 
(8,981
)
 
 
(12,662
)
(Increase) decrease in reinsurance recoverables
 
 
(481
)
 
 
(748
)
 
 
1,570
 
(Decrease) increase in income tax liabilities
 
 
(1,293
)
 
 
8,935
 
 
 
9,745
 
Debt retirement costs
 
 
-
 
 
 
2,338
 
 
 
-
 
Other
 
 
(28,476
)
 
 
(11,312
)
 
 
(23,739
)
Total adjustments
 
 
123,653
 
 
 
113,561
 
 
 
117,690
 
Net cash provided by operating activities
 
$
207,418
 
 
$
207,043
 
 
$
221,933
 
 
The Company’s redemption of debt in 2015 resulted in non-cash financing charges of $45.