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Financial Information - Washington Federal, INC. | 12 Months Ended
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Sep. 30, 2012
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Financial Information - Washington Federal, INC. | FINANCIAL INFORMATION – WASHINGTON FEDERAL, INC. The following Washington Federal, Inc. (parent company only) financial information should be read in conjunction with the other notes to the Consolidated Financial Statements.
Statements of Financial Condition |  |
September 30, | 2012 | 2011
| (In thousands)
Assets |  |
Cash | $ | 61,926 |  | $ | 27,699 |
Investment in subsidiary | 1,846,375 |  | 1,885,498 |
Other Assets | 1 |  | 37 |
Dividend receivable | — |  | — |
Total assets | $ | 1,908,302 |  | $ | 1,913,234 |
Liabilities |  |
Borrowed money | $ | — |  | $ | — |
Dividend payable and other liabilities | 8,550 |  | 6,700 |
Other liabilities | — |  | 1 |
Total liabilities | 8,550 |  | 6,701 |
Stockholders’ equity |  |
Common stock, $1.00 par value, 300,000,000 shares authorized; 129,950,223 and 129,853,534 shares issued; 106,177,615 and 108,976,410 shares outstanding | $ | 129,950 |  | $ | 129,854 |
Paid-in capital | 1,586,295 |  | 1,582,843 |
Accumulated other comprehensive income (loss), net of tax | 13,306 |  | 85,789 |
Treasury stock, at cost; 23,772,608 and 20,877,124 shares | (310,579 | ) | (268,665 | )
Retained earnings | 480,780 |  | 376,712 |
Total stockholders’ equity | 1,899,752 |  | 1,906,533 |
Total liabilities and stockholders’ equity | $ | 1,908,302 |  | $ | 1,913,234 |
Statements of Operations |  |  |
Year ended September 30, | 2012 | 2011 | 2010
| (In thousands)
Income |  |  |
Dividends from subsidiary | $ | 106,234 |  | $ | 100,600 |  | $ | — |
Other | — |  | — |  | 14 |
Total Income | 106,234 |  | 100,600 |  | 14 |
Expense |  |  |
Miscellaneous | 564 |  | 626 |  | 1,046
Total expense | 564 |  | 626 |  | 1,046
Net income before equity in undistributed net income of subsidiary | 105,670 |  | 99,974 |  | (1,032 | )
Equity in undistributed net income of subsidiary | 32,513 |  | 11,167 |  | 119,324 |
Income before income taxes | 138,183 |  | 111,141 |  | 118,292 |
Income tax benefit | — |  | — |  | 361 |
Net income | $ | 138,183 |  | $ | 111,141 |  | $ | 118,653 |
Statements of Cash Flows | 2012 | 2011 | 2010
| (In thousands)
Cash Flows From Operating Activities |  |  |
Net income | $ | 138,183 |  | $ | 111,141 |  | $ | 118,653 |
Adjustments to reconcile net income to net cash provided by operating activities |  |  |
Equity in undistributed net income of subsidiaries | (32,513 | ) | (4,382 | ) | (119,324 | )
Decrease (increase) in dividend receivable | — |  | — |  | — |
Decrease (increase) in other assets | 36 |  | (37 | ) | 1,309 |
Increase (decrease) in other liabilities | 2,508 |  | 1,121 |  | (421 | )
Net cash provided by (used in) operating activities | 108,214 |  | 107,843 |  | 217 |
Cash Flows From Financing Activities |  |  |
Proceeds from exercise of common stock options and related tax benefit | 357 |  | 1,686 |  | 1,940 |
Proceeds from Employee Stock Ownership Plan | — |  | — |  | — |
Net proceeds from follow on stock offering |  |  |  |  | — |
Downstream stock offering proceeds to the Bank | — |  | — |  | — |
Proceeds from issuance of preferred stock and warrants |  |  |  |  |  |
Preferred stock redeemed |  |  |  |  |  |
Increase (decrease) in borrowings | — |  | — |  | (14,310 | )
Treasury stock purchased | (41,914 | ) | (59,680 | ) | — |
Dividends paid on preferred stock |  |  |  |  |  |
Dividends paid on common stock | (32,430 | ) | (26,796 | ) | (22,450 | )
Net cash used by financing activities | (73,987 | ) | (84,790 | ) | (34,820 | )
Increase (decrease) in cash | 34,227 |  | 23,053 |  | (34,603 | )
Cash at beginning of year | 27,699 |  | 4,646 |  | 39,249 |
Cash at end of year | $ | 61,926 |  | $ | 27,699 |  | $ | 4,646 |

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph c -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 12 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 06 -Article 9 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 05 -Paragraph c -Article 7 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=7656940&loc=d3e5283-111683 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04) -URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e24072-122690 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 24 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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