|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) Attributable to Parent
|
|
$77.9m
|
$46.2m
|
$71.6m
|
$92.7m
|
$86.6m
|
$65.8m
|
$55.6m
|
$62.1m
|
$55.4m
|
$47.1m
|
|
Net Income (Loss) Available to Common Stockholders, Basic
|
|
$77.9m
|
$46.2m
|
$71.6m
|
$92.7m
|
$86.6m
|
$65.8m
|
$55.6m
|
$62.1m
|
$55.4m
|
$47.1m
|
|
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
|
|
—
|
—
|
$71.6m
|
$92.7m
|
$86.6m
|
$65.8m
|
$55.6m
|
$62.1m
|
$55.4m
|
$47.1m
|
|
Deferred Policy Acquisition Costs, Amortization Expense
|
|
$44.3m
|
$43.0m
|
$45.8m
|
$44.6m
|
$41.6m
|
$38.5m
|
$39.9m
|
$40.9m
|
$42.2m
|
$44.2m
|
|
Depreciation
|
|
$1.2m
|
$984k
|
$996k
|
$942k
|
$1.0m
|
$1.0m
|
$1.3m
|
$1.4m
|
$1.1m
|
$742k
|
|
Deferred Income Tax Expense (Benefit)
|
|
($2.2m)
|
$12.8m
|
($1.5m)
|
$872k
|
$1.7m
|
$1.3m
|
($1.1m)
|
$628k
|
$1.4m
|
$372k
|
|
Share-based Payment Arrangement, Noncash Expense
|
|
$1.6m
|
$2.0m
|
$2.1m
|
$2.4m
|
$3.3m
|
$2.3m
|
$2.5m
|
$1.6m
|
$2.9m
|
$2.9m
|
|
Payment, Tax Withholding, Share-based Payment Arrangement
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$944k
|
$554k
|
$817k
|
|
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property
|
|
($1k)
|
($2k)
|
—
|
($3k)
|
($58k)
|
$21k
|
($9k)
|
($2k)
|
($209k)
|
$0
|
|
Income Tax Expense (Benefit)
|
|
$35.0m
|
$36.0m
|
$15.9m
|
$22.8m
|
$20.3m
|
$13.7m
|
$12.0m
|
$15.3m
|
$13.6m
|
$11.7m
|
|
Operating Lease, Expense
|
|
—
|
—
|
—
|
$200k
|
$200k
|
$200k
|
$100k
|
$100k
|
$100k
|
$100k
|
|
Changes in operating assets and liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Other Operating Assets
|
|
—
|
$1.9m
|
($1.9m)
|
($710k)
|
$1.2m
|
$1.0m
|
$2.8m
|
$1.0m
|
($6.7m)
|
$135k
|
|
Equity Securities, FV-NI, Unrealized Gain (Loss)
|
|
—
|
—
|
($2.1m)
|
$4.8m
|
$4.2m
|
$12.3m
|
($8.1m)
|
$1.2m
|
$9.5m
|
$3.7m
|
|
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims
|
|
$199.0m
|
$209.3m
|
$204.9m
|
$176.3m
|
$157.2m
|
$160.8m
|
$152.3m
|
$148.3m
|
$157.3m
|
$169.9m
|
|
Proceeds from Stock Options Exercised
|
|
$837k
|
—
|
$67k
|
$20k
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Realized Investment Gains (Losses)
|
|
$509k
|
$647k
|
$1.5m
|
$80k
|
$1.1m
|
$1.7m
|
$3.4m
|
$6.6m
|
($576k)
|
$3.0m
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
$114.2m
|
$130.8m
|
$98.3m
|
$78.8m
|
$63.4m
|
$38.0m
|
$28.2m
|
$29.8m
|
$24.2m
|
$11.1m
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$1.6m
|
$478k
|
$1.1m
|
$1.0m
|
$921k
|
$1.3m
|
$2.1m
|
$553k
|
$840k
|
$2.1m
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
($50.5m)
|
($51.5m)
|
($29.1m)
|
$11.7m
|
$43.4m
|
$71.0m
|
$75.4m
|
$43.9m
|
$72.4m
|
$68.4m
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments for Repurchase of Common Stock
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$2.2m
|
—
|
—
|
|
Payments of Ordinary Dividends, Common Stock
|
|
$76.1m
|
$82.6m
|
$84.5m
|
$87.0m
|
$88.8m
|
$99.9m
|
$100.4m
|
$93.3m
|
$85.4m
|
$48.6m
|
|
Payments of Dividends
|
|
$67.0m
|
$78.9m
|
$65.4m
|
$115.9m
|
$88.6m
|
$148.4m
|
$77.7m
|
$56.0m
|
$71.0m
|
$62.7m
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
($74.3m)
|
($82.6m)
|
($84.4m)
|
($87.0m)
|
($88.8m)
|
($100.0m)
|
($112.9m)
|
($96.5m)
|
($91.2m)
|
($61.6m)
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
|
|
—
|
—
|
—
|
$3.5m
|
$17.9m
|
$9.0m
|
($9.3m)
|
($22.8m)
|
$5.4m
|
$17.9m
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
|
|
|
|
Income Taxes Paid, Net
|
|
$31.5m
|
$28.3m
|
$11.2m
|
$20.9m
|
$20.6m
|
$18.2m
|
$7.8m
|
$13.9m
|
$11.8m
|
$12.4m
|