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Consolidated Statements of Cash Flows (Successor) and Statement of Cash Flows (Predecessor) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2014
Dec. 31, 2014
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:        
Net income (loss)   $ 30,686 $ 31,453 $ 82,654
Adjustments to reconcile net income (loss) to net cash:        
Policy charges and fee income   (259,169) (346,027) (353,932)
Interest credited   256,703 269,488 301,079
Investment gains, net   (46,092) (73,720) (125,986)
Amortization/Accretion of bond premium, net   44,112 59,337 44,701
Amortization of VOBA   38,987 30,054 40,880
Changes in assets and liabilities:        
Decrease (increase) in insurance related liabilities and policy-related balances   (21,964) 52,316 (24,884)
Deferred income tax expense (benefit)   14,234 (2,474) 23,566
Decrease (increase) in accrued investment income   6,838 (1,783) 5,194
Decrease (increase) in other assets and liabilities   31,780 (3,961) (27,417)
Net cash provided by (used in) operating activities   96,115 14,683 (34,145)
Cash flows from investing activities:        
Fixed maturities, available for sale Proceeds from sales and maturities   1,844,344 3,806,768 4,739,792
Fixed maturities, available for sale, Purchases   (1,898,874) (3,823,450) (3,703,237)
Commercial mortgage loans, proceeds from sales and paydowns   150,849 265,414 164,658
Commercial mortgage loans, originations and purchases     (208,580) (559,110)
Purchase of common stocks     (5,100)  
Net purchases, sales, maturities of derivatives   (8,636) 2,642 (1,379)
Net purchases, sales, maturities of other investments   620,425 63,097 184,107
Net cash provided by (used in) investing activities   708,108 100,791 824,831
Cash flows from financing activities:        
Policyholders' account deposits   340,128 763,748 356,916
Policyholders' account withdrawals   (1,141,289) (905,014) (922,215)
Dividends paid to shareholder   (33,200) (42,000) (187,000)
Change in overdrafts   39,089 22,059 (38,996)
Capital contribution   250    
Net cash provided by (used in) financing activities   (795,022) (161,207) (791,295)
Net increase (decrease) in cash and cash equivalents   9,201 (45,733) (609)
Cash and cash equivalents, beginning of period   40,529 49,121 49,730
Cash and cash equivalents, end of period $ 40,529 49,730 3,388 49,121
Supplemental schedule of cash flow information:        
Income taxes paid     17,700 24,000
Interest paid   4,585 7,328 6,671
Noncash activities        
Issuance of vehicle note   513,000    
Issuance of other long-term debt   513,000    
Interest income on vehicle note   15,711 25,069 22,880
Interest expense on other long-term debt   15,711 25,069 22,880
Increase in vehicle note and other long-term debt   38,600 50,300 57,100
Change in modified coinsurance payable and deposit receivable   166,963 50,791 $ 133,060
Bond exchanges     $ 11,199  
Predecessor        
Cash flows from operating activities:        
Net income (loss) 1,713      
Adjustments to reconcile net income (loss) to net cash:        
Investment gains, net (285)      
Amortization/Accretion of bond premium, net 94      
Changes in assets and liabilities:        
Decrease (increase) in insurance related liabilities and policy-related balances 6,402      
Decrease (increase) in receivable from/payable to affiliate 24,358      
Deferred income tax expense (benefit) 921      
Decrease (increase) in other assets and liabilities (23,192)      
Net cash provided by (used in) operating activities 10,011      
Cash flows from investing activities:        
Fixed maturities, available for sale Proceeds from sales and maturities 21,341      
Net purchases, sales, maturities of other investments 55,924      
Net cash provided by (used in) investing activities 77,265      
Cash flows from financing activities:        
Net increase (decrease) in cash and cash equivalents 87,276      
Cash and cash equivalents, beginning of period 5,100 $ 92,376    
Cash and cash equivalents, end of period 92,376      
Supplemental schedule of cash flow information:        
Invested assets transferred 11,482,637      
Predecessor | On April 1, 2014        
Cash flows from financing activities:        
Net increase (decrease) in cash and cash equivalents 143,348      
Predecessor | Subsequent to April 1, 2014        
Cash flows from financing activities:        
Net increase (decrease) in cash and cash equivalents $ 5,946