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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flow from operating activities:    
Net Income (Loss) $ 142,331 $ 195,417
Adjustments to reconcile net earnings to cash provided by operations:    
Depreciation 282,076 224,313
Amortization of premiums and accretion of discounts related to investments, net 4,231 4,253
Amortization of debt issuance costs 1,531 1,550
Interest credited to policyholders 21,022 19,507
Change in allowance for losses on trade receivables 462 2,052
Operating lease right-of-use asset amortization 2,264 2,623
Net gain on sale of real and personal property 21,933 7,768
Net losses on disposal of real estate (1,617) 3,104
Net (gains) losses on sales of fixed maturity securities 745 2,240
Net gains on equity securities 3,515 1,326
Deferred income taxes 7,345 22,927
Net change in other operating assets and liabilities:    
Reinsurance recoverables and trade receivables (635) (39,401)
Inventories and parts (10,163) (6,689)
Prepaid expenses (2,590) (2,142)
Capitalization of deferred policy acquisition costs 108 1,418
Other assets (3,645) (12,865)
Related party assets (1,601) (20,724)
Increase (Decrease) in Accounts Payable and Accrued Liabilities 99,283 52,770
Policy benefits and losses, claims and loss expenses payable 8,348 2,095
Other policyholders' funds and liabilities 5,079 12,238
Deferred income 12,134 11,434
Related party liabilities 6,220 11,353
Net cash provided by operating activities 598,376 453,903
Cash flow from investing activities:    
Increase Decrease Escrow Deposits 550 691
Purchase of:    
Property, plant and equipment (916,571) (963,163)
Fixed maturity investments (101,170) (77,777)
Equity securities (160)  
Investments, other (62,137) (23,430)
Proceeds from sales and paydowns of:    
Property, plant and equipment 166,182 146,672
Fixed maturity investments 91,746 101,568
Equity securities 158 11
Investments, other 57,361 12,110
Net cash used by investing activities (764,041) (803,318)
Cash flow from financing activities:    
Borrowings from credit facilities 349,981 349,233
Principal repayments on credit facilities (286,581) (321,670)
Payment of debt issuance costs (1,286) (248)
Finance lease payments (11,359) (19,260)
Securitization deposits 109 99
Series N Non-Voting Common Stock dividends paid (8,824) (8,824)
Investment contract deposits 135,224 76,417
Investment contract withdrawals (129,820) (107,185)
Net cash provided by financing activities 47,444 (31,438)
Effects of exchange rate on cash 6,581 (530)
Increase (decrease) in cash and cash equivalents (111,640) (381,383)
Cash and cash equivalents at the beginning of period 988,828 1,534,544
Cash and cash equivalents at the end of period $ 877,188 $ 1,153,161