| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | |||||||||
Net Income (Loss) Attributable to Parent | |||||||||
-7,468 | 39,238 | 46,203 | 50,162 | 29,992 | 43,519 | 37,966 | -2,737 | 31,348 | 45,370 |
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] | |||||||||
Losses and settlement expenses (affiliated $2,772 and $6,427) | |||||||||
44,578 | 42,080 | 11,758 | 17,465 | 51,128 | 27,084 | -10,203 | 37,159 | -10 | -16,880 |
Unearned premiums (affiliated $4,063 and $1,558) | |||||||||
10,714 | 12,912 | 5,450 | 7,342 | 11,466 | 24,412 | 15,526 | 12,793 | 8,410 | 5,039 |
Other policyholders' funds due to affiliate | |||||||||
-1,206 | -3,055 | 4,347 | -1,432 | 1,662 | 2,436 | 994 | -3,254 | 397 | 1,499 |
Amounts due to/from affiliate to settle inter-company transaction balances | |||||||||
-5,521 | -10,855 | 4,814 | -2,151 | -531 | -7,261 | -1,907 | 2,652 | 4,892 | -7,178 |
Net pension and postretirement benefits due from affiliate | |||||||||
-4,709 | -2,783 | -3,045 | -2,691 | -4,761 | 1,267 | 2,338 | -2,569 | -3,205 | -307 |
Reinsurance receivables due from affiliate | |||||||||
5,711 | 10,324 | -2,910 | -4,367 | -1,725 | -1,174 | -5,239 | 9,260 | -287 | -5,810 |
Prepaid reinsurance premiums due from affiliate | |||||||||
-4,000 | 3,480 | 2,746 | -2,302 | -852 | 4,521 | -4,182 | -152 | 4,418 | 955 |
Commissions payable (affiliated $(9,154) and $(7,893)) | |||||||||
-1,921 | -903 | 1,697 | -3,265 | 408 | -2,227 | -2,587 | 5,231 | -4,927 | 179 |
Interest payable to affiliate | |||||||||
- | - | - | - | - | - | - | - | - | 10 |
Deferred policy acquisition costs (affiliated $(2,982) and $(1,819)) | |||||||||
3,646 | 175 | 219 | 1,377 | 1,551 | 3,367 | 3,576 | 2,170 | 937 | 2,021 |
Stock-based compensation payable to affiliate | |||||||||
- | - | - | - | - | - | - | - | 136 | 282 |
Accrued investment income | |||||||||
-818 | 236 | 261 | 494 | 311 | 46 | -318 | -669 | -156 | -1,025 |
Current income tax | |||||||||
-7,241 | -1,815 | 8,512 | -1,643 | -1,424 | 3,213 | 8,080 | -7,312 | -7,839 | 17,348 |
Deferred Income Tax Expense (Benefit) | |||||||||
-5,983 | -7,426 | -1,057 | 2,883 | 3,635 | 407 | 2,073 | 1,564 | 3,809 | 1,438 |
Gain (Loss) on Investments | |||||||||
-41,252 | 6,556 | 4,074 | 6,153 | 4,349 | 8,997 | 8,017 | 9,303 | 3,868 | 17,922 |
Accounts receivable | |||||||||
- | - | - | - | - | - | - | - | 104 | 1,588 |
Other, net (affiliated $(785) and $(727)) | |||||||||
-9,972 | -10,474 | -12,539 | -13,767 | -4,690 | -5,286 | 562 | 1,385 | 2,788 | -4,082 |
Amortization of premium/discount on fixed maturity securities | |||||||||
- | - | - | - | - | - | - | - | 871 | 759 |
Total adjustments to reconcile net income (loss) to net cash provided by operating activities | |||||||||
79,238 | 19,664 | 37,231 | 35,450 | 61,823 | 43,314 | 17,072 | 14,502 | -1,027 | -11,254 |
Net cash provided by operating activities | |||||||||
71,770 | 58,902 | 83,434 | 85,612 | 91,815 | 86,833 | 55,038 | 11,765 | 30,321 | 34,115 |
CASH FLOWS FROM INVESTING ACTIVITIES | |||||||||
Purchases of fixed maturity securities available-for-sale | |||||||||
496,987 | 310,684 | 403,134 | 235,242 | 209,885 | 264,178 | 246,492 | 210,127 | 211,632 | 394,329 |
Disposals of fixed maturity securities available-for-sale | |||||||||
445,268 | 235,626 | 330,239 | 174,971 | 131,942 | 175,664 | 226,672 | 220,875 | 176,138 | 353,055 |
Purchases of equity investments | |||||||||
90,137 | 62,939 | 63,683 | 83,098 | 50,154 | 40,580 | 84,762 | 104,379 | 35,975 | 58,392 |
Disposals of equity investments | |||||||||
79,492 | 83,256 | 71,106 | 70,905 | 45,698 | 47,479 | 71,008 | 98,048 | 36,203 | 79,296 |
Purchases of other long-term investments | |||||||||
13,934 | 14,782 | 8,720 | 8,416 | 7,613 | 1,798 | 855 | 0 | 0 | - |
Disposals of other long-term investments | |||||||||
7,759 | 3,433 | 571 | 2,297 | 530 | 246 | 6 | 15 | 17 | 19 |
Disposals of fixed maturity securities held-to-maturity | |||||||||
- | - | - | - | - | - | - | 388 | 69 | 125 |
Net (purchases) disposals of short-term investments | |||||||||
4,591 | -16,057 | 1,071 | -14,663 | -2,904 | 2,786 | 10,790 | 6,012 | -18,773 | 1,017 |
Net receipts under reverse repurchase agreements | |||||||||
16,500 | 3,500 | -3,150 | -16,850 | 0 | 0 | - | - | - | - |
Net cash used in investing activities | |||||||||
-56,630 | -46,533 | -77,842 | -80,770 | -86,578 | -85,953 | -45,213 | -1,192 | -16,405 | -21,242 |
CASH FLOWS FROM FINANCING ACTIVITIES | |||||||||
Issuance of common stock through affiliate’s stock plans | |||||||||
5,426 | 7,527 | 11,070 | 9,078 | 7,392 | 10,208 | 692 | 974 | 1,105 | 318 |
Excess tax benefit associated with affiliates stock plans | |||||||||
- | - | - | 95 | 103 | 96 | -3 | 6 | 0 | 0 |
Repurchase of common stock | |||||||||
1,455 | 1,858 | 383 | 0 | 0 | - | - | 1,849 | 5,296 | 3,589 |
Dividends paid to stockholders (affiliated $(2,708) and $(2,590)) | |||||||||
19,121 | 17,998 | 16,196 | 14,174 | 12,588 | 11,275 | 10,439 | 9,941 | 9,512 | 9,506 |
Net cash used in financing activities | |||||||||
-15,150 | -12,329 | -5,509 | -5,001 | -5,093 | -971 | -9,750 | -10,810 | -13,702 | -12,777 |
NET INCREASE (DECREASE) IN CASH | |||||||||
-10 | 40 | 83 | -159 | 144 | -91 | 75 | -236 | 213 | 95 |
Income taxes paid | |||||||||
2,393 | 9,820 | 13,967 | 20,254 | 8,703 | 13,714 | 3,514 | -1,759 | 15,130 | -1,632 |
Interest paid to affiliate | |||||||||
654 | 337 | 337 | 337 | 384 | 900 | 900 | 900 | 900 | 889 |