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STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities    
Management fee received $ 363,848 $ 341,806
Service agreement fee received 7,270 7,597
Net investment income received 6,182 6,374
Limited partnership distributions 1,127 4,954
Decrease in reimbursements collected from affiliates (785) (412)
Commissions paid to agents (172,625) (169,821)
Agents bonuses paid (103,933) (79,483)
Salaries and wages paid (45,732) (42,486)
Pension contribution and employee benefits paid (24,636) (22,056)
General operating expenses paid (52,220) (61,715)
Income taxes paid (258) (9)
Net cash used in operating activities (21,762) (15,251)
Purchase of investments:    
Available-for-sale securities (67,557) (30,725)
Limited partnerships (103) (89)
Proceeds from investments:    
Available-for-sale securities 46,507 37,554
Limited partnerships 1,792 9,157
Net purchase of fixed assets (3,496) (2,428)
Net collections (distributions) on agent loans 1,008 (644)
Net cash (used in) provided by investing activities (21,849) 12,825
Cash flows from financing activities    
Dividends paid to shareholders (33,996) (31,714)
Net cash used in financing activities (33,996) (31,714)
Net decrease in cash and cash equivalents (77,607) (34,140)
Cash and cash equivalents, beginning of period 182,889 91,747
Cash and cash equivalents, end of period $ 105,282 $ 57,607