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Financial Information - Washington Federal, INC.
 12 Months Ended
Sep. 30, 2013
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,
2013
2012
 
(In thousands)
Assets
 
 
Cash
$
66,425

$
61,926

Investment in subsidiary
1,881,458

1,846,375

Other assets
—

1

Total assets
$
1,947,883

$
1,908,302

Liabilities
 
 
Dividend payable and other liabilities
$
10,248

$
8,550

Total liabilities
10,248

8,550

Stockholders’ equity
 
 
Common stock, $1.00 par value, 300,000,000 shares authorized;
132,572,475 and 129,950,223 shares issued; 102,484,671 and 106,177,615 shares outstanding
$
132,573

$
129,950

Paid-in capital
1,625,051

1,586,295

Accumulated other comprehensive income, net of tax
6,378

13,306

Treasury stock, at cost; 30,087,804 and 23,772,608 shares
(420,817
)
(310,579
)
Retained earnings
594,450

480,780

Total stockholders’ equity
1,937,635

1,899,752

Total liabilities and stockholders’ equity
$
1,947,883

$
1,908,302

 

Statements of Operations
 
 
 
Year ended September 30,
2013
2012
2011
 
(In thousands)
Income
 
 
 
Dividends from subsidiary
$
143,799

$
106,234

$
100,600

Total Income
143,799

106,234

100,600

Expense



Miscellaneous
530

564

626
Total expense
530

564

626
 



Net income before equity in undistributed net income of subsidiary
143,269

105,670

99,974

Equity in undistributed net income of subsidiary
8,045

32,513

11,167

Income before income taxes
151,314

138,183

111,141

Income tax benefit
191

—

—

Net income
$
151,505

$
138,183

$
111,141

 
 
 
 
 
 
 
 
Statements of Cash Flows
2013
2012
2011
 
(In thousands)
Cash Flows From Operating Activities
 
 
 
Net income
$
151,505

$
138,183

$
111,141

Adjustments to reconcile net income to net cash provided by operating activities
 
 
 
Equity in undistributed net income of subsidiaries
(4,893
)
(32,513
)
(4,382
)
Decrease (increase) in other assets
1

36

(37
)
Increase in other liabilities
1,698

2,508

1,121

Net cash provided by operating activities
148,311

108,214

107,843

Cash Flows From Financing Activities
 
 
 
Proceeds from exercise of common stock options and related tax benefit
4,261

357

1,686

Treasury stock purchased
(110,238
)
(41,914
)
(59,680
)
Dividends paid on common stock
(37,835
)
(32,430
)
(26,796
)
Net cash used in financing activities
(143,812
)
(73,987
)
(84,790
)
Increase (decrease) in cash
4,499

34,227

23,053

Cash at beginning of year
61,926

27,699

4,646

Cash at end of year
$
66,425

$
61,926

$
27,699