Company: PRI
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029882
Chunk: 391

Company: Primerica, Inc.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1B
Chunk 391
---
      Other comprehensive income (loss), net of income taxes

      238,553

      (88,598
      )

      1,043,125

      Total comprehensive income (loss)
       
      $
      709,071

      $
      488,003

      $
      1,515,193

      See the accompanying notes to condensed financial statements.See the report of independent registered public accounting firm. 

123

Schedule IICondensed Financial Information of RegistrantPRIMERICA, INC. (Parent Only)Condensed Statements of Cash Flows 

      Year ended December 31,

      2024

      2023

      2022

      (In thousands)

      Cash flows from operating activities:

      Net income
       
      $
      470,518

      $
      576,601

      $
      472,068

      Adjustments to reconcile net income to cash provided by (used in) operating activities:

      Equity in undistributed earnings of subsidiaries* (1)

      110,303

      (108,798
      )

      (69,096
      )

      Deferred tax provision

      (35,209
      )

      5,496

      2,800

      Change in income taxes

      38,081

      5,840

      3,837

      Investment (gains) losses

      (104
      )

      (319
      )

      (353
      )

      Accretion and amortization of investments

      (2,185
      )

      (2,201
      )

      205

      Share-based compensation

      2,636

      1,195

      1,592

      Change in due to/from affiliates* (2)

      (634
      )

      5,235

      4,458

      Gain on insurance proceeds received from acquisition representation and warranty policy

      (50,000
      )

      -

      -

      Change in other operating assets and liabilities, net

      3,938

      1,334

      1,967

      Net cash provided by (used in) operating activities

      537,344

      484,383

      417,478

      Cash flows from investing activities:

      Available-for-sale investments sold, matured or called:

      Fixed maturity securities — sold

      -

      -

      409