XML 27 R15.htm IDEA: XBRL DOCUMENT
v3.19.1

Supplemental Disclosures of Cash Flow Information and Non-Cash Financing and Investing Activities | 3 Months Ended
--- | ---
Mar. 31, 2019
Supplemental Cash Flow Elements [Abstract] |
Supplemental Disclosures of Cash Flow Information and Non-Cash Financing and Investing Activities | Supplemental Disclosures of Cash Flow Information and Non-Cash Financing and Investing Activities Brown & Brown's cash paid during the period for interest and income taxes are summarized as follows:
| Three months ended March 31,
(in thousands) | 2019 |  | 2018
Cash paid during the period for: |  |  |
Interest | $ | 20,127 |  |  | $ | 14,472 |
Income taxes | $ | 3,120 |  |  | $ | 3,179 |
Brown & Brown’s significant non-cash investing and financing activities are summarized as follows:
| Three months ended March 31,
(in thousands) | 2019 |  | 2018
Other payable issued for purchased customer accounts | $ | 608 |  |  | $ | 1,690 |
Estimated acquisition earn-out payables and related charges | $ | 18,155 |  |  | $ | 4,524 |
The Company's restricted cash balance is composed of funds held in separate premium trust accounts as required by state law or, in some cases, by agreement with carrier partners. The following is a reconciliation of cash and cash equivalents inclusive of restricted cash as of March 31, 2019 and 2018.
| Balance as of March 31,
(in thousands) | 2019 |  | 2018
Table to reconcile cash and cash equivalents inclusive of restricted cash |  |  |
Cash and cash equivalents | $ | 322,477 |  |  | $ | 558,248 |
Restricted cash | 302,410 |  |  | 268,129 |
Total cash and cash equivalents inclusive of restricted cash at the end of the period | $ | 624,887 |  |  | $ | 826,377 |
The following is a reconciliation of cash and cash equivalents inclusive of restricted cash as of December 31, 2018 and 2017.
| Balance as of December 31,
(in thousands) | 2018 |  | 2017
Table to reconcile cash and cash equivalents inclusive of restricted cash |  |  |
Cash and cash equivalents | $ | 438,961 |  |  | $ | 573,383 |
Restricted cash | 338,635 |  |  | 250,705 |
Total cash and cash equivalents inclusive of restricted cash at the end of the period | $ | 777,596 |  |  | $ | 824,088 |
In the preparation of the Statement of Cash Flows in this Quarterly Report on Form 10-Q, beginning balance sheet balances for 2018 were adjusted to reflect the modified retrospective adoption of Accounting Standards Update No.2014-09, “Revenue from Contracts with Customers” and Accounting Standards Codification Topic 340 - Other Assets and Deferred Cost, thereby reflecting in the Statement of Cash Flows the change in operating assets and liabilities for the period, excluding the initial impact of adoption of these new accounting standards.

X
- Definition The entire disclosure for supplemental cash flow activities, including cash, noncash, and part noncash transactions, for the period. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -URI http://asc.fasb.org/topic&trid=2134446 + Details
Name: | us-gaap_CashFlowSupplementalDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SupplementalCashFlowElementsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration