|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) Attributable to Parent
|
|
$59.6m
|
$55.2m
|
$107.5m
|
$105.3m
|
$73.4m
|
$138.3m
|
$128.2m
|
$157.1m
|
$142.6m
|
$152.3m
|
|
Depreciation, Amortization and Accretion, Net
|
|
$7.1m
|
$9.0m
|
$8.0m
|
$10.4m
|
$11.7m
|
$11.4m
|
$10.6m
|
$4.1m
|
$5.7m
|
$6.6m
|
|
Amortization of Debt Issuance Costs
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$369k
|
$0
|
|
Amortization of Intangible Assets
|
|
$547k
|
$3.1m
|
$3.2m
|
$3.3m
|
$3.7m
|
$3.5m
|
$3.2m
|
$5.0m
|
$5.0m
|
$5.5m
|
|
Depreciation
|
|
$7.1m
|
$9.0m
|
$8.0m
|
$10.4m
|
$11.7m
|
$11.4m
|
$10.6m
|
$4.1m
|
$5.7m
|
$9.4m
|
|
Deferred Income Tax Expense (Benefit)
|
|
$5.6m
|
$19.2m
|
$3.6m
|
$2.3m
|
($5.2m)
|
$1.6m
|
($2.0m)
|
$7.4m
|
$3.4m
|
$3.0m
|
|
Gain (Loss) on Sale of Assets and Asset Impairment Charges
|
|
($1.2m)
|
($1.8m)
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Goodwill, Impairment Loss
|
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
|
Gain (Loss) on Disposition of Assets
|
|
$1.4m
|
$1.8m
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Income Tax Expense (Benefit)
|
|
$25.6m
|
$48.6m
|
$25.3m
|
$25.5m
|
$16.8m
|
$34.6m
|
$32.0m
|
$40.5m
|
$35.6m
|
$39.1m
|
|
Operating Lease, Expense
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$4.7m
|
$5.9m
|
$5.9m
|
$5.6m
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Provision for Loan, Lease, and Other Losses
|
|
—
|
—
|
—
|
—
|
$56.7m
|
($1.4m)
|
$21.1m
|
$14.8m
|
$29.2m
|
$36.7m
|
|
Bank Owned Life Insurance Income
|
|
$5.4m
|
$5.7m
|
$6.7m
|
$6.0m
|
$6.6m
|
$6.4m
|
$5.5m
|
$4.9m
|
$6.4m
|
$6.9m
|
|
Debt and Equity Securities, Gain (Loss)
|
|
—
|
—
|
$8.1m
|
$22k
|
$70k
|
$16k
|
$2k
|
($103k)
|
—
|
—
|
|
Debt Securities, Realized Gain (Loss)
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$2k
|
($103k)
|
($5.4m)
|
($4.3m)
|
|
Equipment Expense
|
|
$11.6m
|
$13.5m
|
$14.2m
|
$15.2m
|
$15.4m
|
$15.6m
|
$15.6m
|
$17.3m
|
$17.5m
|
$18.2m
|
|
Equity Securities, FV-NI, Gain (Loss)
|
|
—
|
—
|
$0
|
$0
|
—
|
—
|
$0
|
$0
|
$5.7m
|
$5.1m
|
|
Equity Securities, FV-NI, Realized Gain (Loss)
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
($5.7m)
|
$5.1m
|
|
Equity Securities, FV-NI, Unrealized Gain (Loss)
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$5.7m
|
$5.1m
|
|
Gain (Loss) on Sale of Mortgage Loans
|
|
$4.1m
|
$5.4m
|
$5.4m
|
$7.8m
|
$18.8m
|
$13.6m
|
$5.3m
|
$4.0m
|
$5.8m
|
$7.3m
|
|
Gain (Loss) on Termination of Lease
|
|
—
|
—
|
—
|
—
|
$700k
|
—
|
—
|
—
|
—
|
—
|
|
Goodwill
|
|
$186.5m
|
$255.4m
|
$274.2m
|
$303.3m
|
$303.3m
|
$303.3m
|
$303.3m
|
$363.7m
|
$363.7m
|
$378.2m
|
|
Derivative, Gain (Loss) on Derivative, Net
|
|
$219k
|
($473k)
|
$787k
|
($269k)
|
($2.5m)
|
$2.3m
|
$368k
|
$14k
|
($46k)
|
($126k)
|
|
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax
|
|
$46k
|
($77k)
|
($7k)
|
$0
|
$0
|
—
|
—
|
—
|
—
|
—
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
$89.3m
|
$88.3m
|
$135.3m
|
$107.6m
|
$105.7m
|
$165.0m
|
$151.4m
|
$150.8m
|
$129.5m
|
$187.5m
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$7.1m
|
$10.4m
|
$9.6m
|
$17.4m
|
$7.6m
|
$10.6m
|
$11.2m
|
$22.0m
|
$15.5m
|
$16.1m
|
|
Payments to Acquire Businesses, Net of Cash Acquired
|
|
($479.5m)
|
($3.2m)
|
($705k)
|
($332.5m)
|
$0
|
$0
|
—
|
($14.5m)
|
$0
|
($4.7m)
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
$493.8m
|
($52.8m)
|
($347.7m)
|
$122.9m
|
($483.1m)
|
($565.3m)
|
($588.8m)
|
($574.3m)
|
($121.7m)
|
($388.2m)
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale
|
|
$168.2m
|
$148.6m
|
$140.7m
|
$189.2m
|
$472.3m
|
$433.9m
|
$145.6m
|
$98.3m
|
$232.9m
|
$281.2m
|
|
Proceeds from Issuance of Long-term Debt
|
|
$0
|
$0
|
$98.0m
|
$50.0m
|
$0
|
$0
|
$0
|
$0
|
$127.0m
|
$0
|
|
Payments for Repurchase of Common Stock
|
|
$864k
|
$1.5m
|
$26.2m
|
$6.3m
|
$20.9m
|
$31.3m
|
$15.6m
|
$15.0m
|
$12.6m
|
$35.8m
|
|
Dividends paid
|
|
$24.9m
|
$30.5m
|
$34.8m
|
$39.4m
|
$43.0m
|
$43.6m
|
$44.6m
|
$50.8m
|
$52.6m
|
$55.5m
|
|
Payments of Dividends
|
|
$24.9m
|
$30.5m
|
$34.8m
|
$39.4m
|
$43.0m
|
$43.6m
|
$44.6m
|
$50.8m
|
$52.6m
|
$55.5m
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
($536.8m)
|
($43.9m)
|
$204.1m
|
($207.7m)
|
$612.2m
|
$439.1m
|
$196.2m
|
$416.3m
|
($21.3m)
|
$247.6m
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
|
|
—
|
($8.4m)
|
($8.3m)
|
$22.9m
|
$234.7m
|
$38.8m
|
($241.1m)
|
($7.3m)
|
($13.6m)
|
$47.0m
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
—
|
—
|
—
|
—
|
$356.6m
|
$395.4m
|
$154.2m
|
$147.0m
|
$133.4m
|
$180.4m
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest Paid, Excluding Capitalized Interest, Operating Activities
|
|
—
|
—
|
—
|
$56.0m
|
$34.0m
|
$15.6m
|
$16.4m
|
$139.9m
|
$220.2m
|
$207.5m
|
|
Income Taxes Paid, Net
|
|
$19.9m
|
$27.9m
|
$23.8m
|
$21.8m
|
$25.9m
|
$22.4m
|
$34.3m
|
$37.5m
|
$32.2m
|
$34.7m
|