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Consolidated Statements of Cashflow (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Operating Activities      
Net income $ 106,418 $ 37,963 $ 22,033
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 43,461 38,693 34,645
Loss on disposal of discontinued operations 997 0 650
Stock-based compensation expense 8,630 6,939 7,422
Undistributed (income) losses of equity method investments 202 1,651 (323)
Net realized (gains) losses (20,732) (8,988) (2,240)
Retirement income plan curtailment expense 16 0 0
Changes in assets and liabilities:      
Increase in reserves for losses and loss expenses, net of reinsurance recoverables 151,037 64,763 56,905
Increase in unearned premiums, net of prepaid reinsurance and advance premiums 75,246 82,777 46,334
Decrease (increase) in net federal income taxes 14,834 (7,812) 372
Increase in premiums receivable (40,482) (18,094) (45,116)
Increase in deferred policy acquisition costs (17,458) (19,762) (7,777)
(Increase) decrease in interest and dividends due or accrued (1,372) 468 633
Increase in accrued salaries and benefits 18,685 6,533 1,521
Increase (decrease) in accrued insurance expenses 14,444 8,831 (636)
Other-net (17,802) 32,737 8,534
Net adjustments 229,706 188,736 100,924
Net cash provided by operating activities 336,124 226,699 122,957
Investing Activities      
Purchase of fixed maturity securities, available-for-sale (1,069,387) (884,911) (487,813)
Purchase of equity securities, available-for-sale (118,072) (83,833) (150,551)
Purchase of other investments (9,332) (12,990) (16,033)
Purchase of short-term investments (2,056,576) (1,735,691) (1,448,782)
Purchase of subsidiary, net of cash acquired 0 255 (51,728)
Sale of subsidiary 1,225 751 1,152
Sale of fixed maturity securities, available-for-sale 20,126 103,572 146,435
Sale of short-term investments 2,096,805 1,738,255 1,433,441
Redemption and maturities of fixed maturity securities, held-to-maturity 116,584 118,260 177,350
Redemption and maturities of fixed maturity securities, available-for-sale 513,804 439,957 162,796
Sale of equity securities, available-for-sale 115,782 101,740 60,071
Distributions from other investments 12,039 24,801 25,622
Sale of other investments 0 1 16,357
Purchase of property, equipment, and other assets (14,023) (12,879) (11,824)
Net cash used in investing activities (391,025) (202,712) (143,507)
Financing Activities      
Dividends to stockholders (27,416) (26,944) (26,513)
Acquisition of treasury stock (3,716) (3,495) (2,741)
Net proceeds from stock purchase and compensation plans 7,119 4,840 5,011
Proceeds from issuance of notes payable, net of debt issuance costs 178,435 0 0
Proceeds from borrowings 0 0 45,000
Principal payment of notes payable (100,000) 0 0
Excess tax benefits (expense) from share-based payment arrangements 1,545 1,060 (90)
Repayment of capital lease obligations (1,083) 0 0
Net cash provided (used in) by financing activities 54,884 (24,539) 20,667
Net (decrease) increase in cash (17) (552) 117
Cash, beginning of year 210 762 645
Cash, end of year $ 193 $ 210 $ 762