2013 Form 10-K Financial Statement

#000119312514077842 Filed on February 28, 2014

View on sec.gov

Income Statement

Concept 2013 2012 Q4 2012 Q3
Revenue $1.363B $302.8M $303.8M
YoY Change 13.6% 24.06% 16.67%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $705.6M $162.9M $153.6M
YoY Change 13.0% 23.22% 18.43%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $17.49M $20.10M $3.958M
YoY Change 13.74% 17.54% 29.26%
% of Gross Profit
Operating Expenses $1.006B $233.6M $222.2M
YoY Change 12.34% 26.68% 18.35%
Operating Profit
YoY Change
Interest Expense $16.44M -$4.000M $4.006M
YoY Change 2.13% 17.65% 12.37%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $357.6M $69.23M $81.65M
YoY Change 17.32% 15.98% 12.32%
Income Tax $140.5M $26.60M $32.15M
% Of Pretax Income 39.29% 38.42% 39.37%
Net Earnings $217.1M $42.64M $49.50M
YoY Change 17.97% 16.83% 12.07%
Net Earnings / Revenue 15.93% 14.08% 16.29%
Basic Earnings Per Share $1.50 $0.30 $0.34
Diluted Earnings Per Share $1.48 $0.29 $0.34
COMMON SHARES
Basic Shares Outstanding 141.0M shares 143.8M shares 139.5M shares
Diluted Shares Outstanding 142.6M shares 142.1M shares

Balance Sheet

Concept 2013 2012 Q4 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $213.6M $228.0M $252.8M
YoY Change -6.32% -22.42% -26.1%
Cash & Equivalents $203.0M $203.0M $244.6M
Short-Term Investments $10.60M $8.200M $8.200M
Other Short-Term Assets $318.5M $39.81M $32.79M
YoY Change 39.2% 69.12% -81.63%
Inventory
Prepaid Expenses
Receivables $395.9M $302.7M $283.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $928.0M $759.5M $785.5M
YoY Change 22.19% 7.26% 7.21%
LONG-TERM ASSETS
Property, Plant & Equipment $74.70M $74.34M $73.19M
YoY Change 0.54% 21.15% 22.39%
Goodwill $1.712B $1.686B
YoY Change 29.32%
Intangibles $566.5M $567.5M
YoY Change 14.18%
Long-Term Investments $0.00
YoY Change
Other Assets $21.70M $16.16M $22.08M
YoY Change 33.95% -9.6% 23.36%
Total Long-Term Assets $2.722B $2.369B $2.349B
YoY Change 14.9% 24.73% 28.47%
TOTAL ASSETS
Total Short-Term Assets $928.0M $759.5M $785.5M
Total Long-Term Assets $2.722B $2.369B $2.349B
Total Assets $3.650B $3.128B $3.135B
YoY Change 16.67% 19.99% 22.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $568.5M $48.52M $57.05M
YoY Change 24.89% 116.78% -83.71%
Accrued Expenses $157.4M $79.59M $120.7M
YoY Change 197.54% -21.09% 33.19%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $100.0M $93.00K $93.00K
YoY Change 99900.0% -92.42% -92.42%
Total Short-Term Liabilities $906.9M $567.8M $623.6M
YoY Change 59.72% 17.89% 27.71%
LONG-TERM LIABILITIES
Long-Term Debt $380.0M $450.0M $450.0M
YoY Change -15.56% 79.98% 79.98%
Other Long-Term Liabilities $63.80M $65.31M $62.86M
YoY Change -2.3% 22.44% 62.01%
Total Long-Term Liabilities $443.8M $515.3M $512.9M
YoY Change -13.88% 69.86% 105.12%
TOTAL LIABILITIES
Total Short-Term Liabilities $906.9M $567.8M $623.6M
Total Long-Term Liabilities $443.8M $515.3M $512.9M
Total Liabilities $1.642B $1.083B $1.136B
YoY Change 24.36% 37.97% 20.3%
SHAREHOLDERS EQUITY
Retained Earnings $1.457B $1.427B
YoY Change 10.17%
Common Stock $350.3M $341.4M
YoY Change 8.98%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.007B $1.807B $1.769B
YoY Change
Total Liabilities & Shareholders Equity $3.650B $3.128B $3.135B
YoY Change 16.67% 19.99% 22.39%

Cashflow Statement

Concept 2013 2012 Q4 2012 Q3
OPERATING ACTIVITIES
Net Income $217.1M $42.64M $49.50M
YoY Change 17.97% 16.83% 12.07%
Depreciation, Depletion And Amortization $17.49M $20.10M $3.958M
YoY Change 13.74% 17.54% 29.26%
Cash From Operating Activities $389.4M $31.30M $76.30M
YoY Change 76.74% -13.77% -1.68%
INVESTING ACTIVITIES
Capital Expenditures $16.37M -$5.100M $6.238M
YoY Change -31.89% 24.39% 108.35%
Acquisitions $367.7M
YoY Change -13.49%
Other Investing Activities -$364.3M -$31.60M -$14.60M
YoY Change -11.47% -51.08% 14.96%
Cash From Investing Activities -$380.6M -$36.70M -$20.80M
YoY Change -12.6% -46.58% 32.48%
FINANCING ACTIVITIES
Cash Dividend Paid $53.55M
YoY Change 8.1%
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net $93.00K
YoY Change -92.42%
Cash From Financing Activities -25.61M -19.40M -4.500M
YoY Change -117.22% 22.78% -28.57%
NET CHANGE
Cash From Operating Activities 389.4M 31.30M 76.30M
Cash From Investing Activities -380.6M -36.70M -20.80M
Cash From Financing Activities -25.61M -19.40M -4.500M
Net Change In Cash -16.87M -24.80M 51.00M
YoY Change -74.63% -48.55% -8.27%
FREE CASH FLOW
Cash From Operating Activities $389.4M $31.30M $76.30M
Capital Expenditures $16.37M -$5.100M $6.238M
Free Cash Flow $373.0M $36.40M $70.06M
YoY Change 90.03% -9.9% -6.09%

Facts In Submission

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CY2013 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b>Use of Estimates</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> The preparation of Consolidated Financial Statements in conformity with accounting principles generally accepted in the United States of America (&#x201C;U.S. GAAP&#x201D;) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, as well as disclosures of contingent assets and liabilities, at the date of the Consolidated Financial Statements, and the reported amounts of revenues and expenses during the reporting period. Actual results may differ from those estimates.</p> </div>
CY2013 us-gaap Weighted Average Number Of Shares Issued Basic
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144662000 shares
CY2013 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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P6Y10M24D
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
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141033000 shares
CY2013 us-gaap Number Of Reportable Segments
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4 Segment
CY2013 us-gaap Repayments Of Long Term Debt
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93000
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y2M12D
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
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16366000
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85445000
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53546000
CY2013 us-gaap Notes Assumed1
NotesAssumed1
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106079000
CY2013 us-gaap Income Taxes Paid
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110191000
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2583000
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408072000
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211666000
CY2013 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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367712000
CY2013 us-gaap Goodwill Written Off Related To Sale Of Business Unit
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2158000
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31863000
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2358000
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63797000
CY2013 us-gaap Payments To Acquire Investments
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18102000
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16501000
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357609000
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7138000
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232000
CY2013 us-gaap Revenues
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1363279000
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1355503000
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638000
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2358000
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217112000
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33884000
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195677000
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32247000
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296817000
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-25611000
CY2013 us-gaap Share Based Compensation
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22603000
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-16869000
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13438000
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1963000
CY2013 us-gaap Current Federal Tax Expense Benefit
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94007000
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14819000
CY2013 us-gaap Operating Expenses
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1005670000
CY2013 us-gaap Income Tax Expense Benefit
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140497000
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5886000
CY2013 us-gaap Adjustment For Amortization
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67932000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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1558000
CY2013 us-gaap Interest Expense
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16440000
CY2013 us-gaap Increase Decrease In Accounts Payable
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5180000
CY2013 us-gaap Deferred Federal Income Tax Expense Benefit
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28469000
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-12554000
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12445000
CY2013 us-gaap Proceeds From Lines Of Credit
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31863000
CY2013 us-gaap Deferred State And Local Income Tax Expense Benefit
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3723000
CY2013 us-gaap Proceeds From Issuance Of Long Term Debt
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30000000
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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2358000
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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135000
CY2013 us-gaap Current Income Tax Expense Benefit
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108250000
CY2013 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
805000
CY2013 us-gaap Depreciation
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17485000
CY2013 us-gaap Dividends Cash
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53546000
CY2013 us-gaap Deferred Foreign Income Tax Expense Benefit
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55000
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42992000
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70872000
CY2013 bro Gross Realized Losses On Non Marketable Certificates Of Deposit And Other Securities
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CY2013 bro Net Loss Gain On Sales Of Investments Fixed Assets And Customer Accounts
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2806000
CY2013 bro Average Annual Operating Profit Earned Period Minimum
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P1Y
CY2013 bro Average Annual Operating Profit Earned Period Maximum
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P3Y
CY2013 bro Deferred Tax Provision
DeferredTaxProvision
32247000
CY2013 bro Future Earnings Of Acquired Entities Term Basis Of Potential Earn Out Obligations Minimum
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P1Y
CY2013 bro Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Exercises Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisesPrice
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-5446000
CY2012 us-gaap Payments To Acquire Businesses Gross
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483933000
CY2013 bro Gross Realized Gains On Non Marketable Certificates Of Deposit And Other Securities
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CY2013 bro Change In Estimated Acquisition Earn Out Payable
ChangeInEstimatedAcquisitionEarnOutPayable
2533000
CY2013 bro Increase Decrease In Premium Deposits And Credits Due Customers Decrease Increase
IncreaseDecreaseInPremiumDepositsAndCreditsDueCustomersDecreaseIncrease
41049000
CY2013 bro Notes Receivable On Sale Of Fixed Assets And Customer Accounts
NotesReceivableOnSaleOfFixedAssetsAndCustomerAccounts
1108000
CY2013 bro Proceeds From Sale Of Non Marketable Certificates Of Deposit And Other Securities
ProceedsFromSaleOfNonMarketableCertificatesOfDepositAndOtherSecurities
15662000
CY2013 bro Recorded Earn Out Payable
RecordedEarnOutPayable
5091000
CY2013 bro Increase Decrease In Premiums Payable To Insurance Companies
IncreaseDecreaseInPremiumsPayableToInsuranceCompanies
61624000
CY2013 bro Payments On Acquisition Earn Outs
PaymentsOnAcquisitionEarnOuts
15491000
CY2013 bro Employee Compensation And Benefits
EmployeeCompensationAndBenefits
683000000
CY2013 bro Future Earnings Of Acquired Entities Term Basis Of Potential Earn Out Obligations Maximum
FutureEarningsOfAcquiredEntitiesTermBasisOfPotentialEarnOutObligationsMaximum
P3Y
CY2013 bro Service Period Eligible To Participate For Employee Savings Plan
ServicePeriodEligibleToParticipateForEmployeeSavingsPlan
P30D
CY2013 bro Share Based Compensation Arrangement By Share Based Payment Award Option Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionExpirationsInPeriodWeightedAverageExercisePrice
CY2013 bro Business Acquisition Earn Out Payable After Change In Additions And Payments
BusinessAcquisitionEarnOutPayableAfterChangeInAdditionsAndPayments
40525000
CY2013 bro Percentage Recognition Fair Value Acquired Assets
PercentageRecognitionFairValueAcquiredAssets
1.00 pure
CY2013 bro Payments For Estimated Acquisition Earn Out Payables
PaymentsForEstimatedAcquisitionEarnOutPayables
18278000
CY2013 bro Payments On Acquisition Earn Outs In Excess Of Original Estimated Payables
PaymentsOnAcquisitionEarnOutsInExcessOfOriginalEstimatedPayables
2788000
CY2013 bro Discretionary Profit Sharing Contribution Percentage Of Employee S Salary
DiscretionaryProfitSharingContributionPercentageOfEmployeeSSalary
0.015 pure
CY2013 bro Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Prices
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrices
17.56
CY2013 bro Repurchase Of Stock Benefit Plan Shares For Employees To Fund Tax Withholdings
RepurchaseOfStockBenefitPlanSharesForEmployeesToFundTaxWithholdings
1284000
CY2013 bro Additions To Estimated Acquisition Earn Out Payables
AdditionsToEstimatedAcquisitionEarnOutPayables
5816000
CY2013 bro Increase Decrease In Premiums Commission And Fees Receivable
IncreaseDecreaseInPremiumsCommissionAndFeesReceivable
40729000
CY2013 bro Defined Benefit Plan Contributions By Employer Percentage
DefinedBenefitPlanContributionsByEmployerPercentage
0.025 pure
CY2013 bro Operating Loss Carryforward Expiration Date
OperatingLossCarryforwardExpirationDate
2014 through 2033
CY2013 bro Business Acquisition Cost Of Acquired Entity Other Payables
BusinessAcquisitionCostOfAcquiredEntityOtherPayables
552000
CY2013 bro Change In Fair Value Estimated Acquisition Earn Out Payables
ChangeInFairValueEstimatedAcquisitionEarnOutPayables
-570000
CY2013 bro Business Acquisitions Purchase Price Allocation Adjustment Purchase Price
BusinessAcquisitionsPurchasePriceAllocationAdjustmentPurchasePrice
504000
CY2013 bro Business Acquisitions Purchase Price Allocation Adjustment Cash Payments
BusinessAcquisitionsPurchasePriceAllocationAdjustmentCashPayments
18000
CY2013 bro Business Acquisitions Purchase Price Allocation Adjustment Other Payables
BusinessAcquisitionsPurchasePriceAllocationAdjustmentOtherPayables
117000
CY2013 bro Business Acquisitions Purchase Price Allocation Recorded Earnout Payable
BusinessAcquisitionsPurchasePriceAllocationRecordedEarnoutPayable
5091000
CY2013 bro Business Acquisitions Purchase Price Allocation Adjustment Liabilities Assumed
BusinessAcquisitionsPurchasePriceAllocationAdjustmentLiabilitiesAssumed
82000
CY2013 bro Business Acquisitions Purchase Price Allocation Adjustment Recorded Earnout Payable
BusinessAcquisitionsPurchasePriceAllocationAdjustmentRecordedEarnoutPayable
721000
CY2013 bro Business Combination Pro Forma Information Income Loss Before Income Taxes Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationIncomeLossBeforeIncomeTaxesOfAcquireeSinceAcquisitionDateActual
872000
CY2012 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
-0.003 pure
CY2012 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.28
CY2012 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y10M24D
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.26
CY2012 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3450
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
142010000 shares
CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2012 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2646000 shares
CY2012 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Meals And Entertainment
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseMealsAndEntertainment
0.003 pure
CY2012 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.396 pure
CY2012 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
4143000 shares
CY2012 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
220315000
CY2012 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
645745 shares
CY2012 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.043 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.003 pure
CY2012 us-gaap Common Stock Dividends Per Share Cash Paid
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0.3450
CY2012 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
143507000 shares
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139364000 shares
CY2012 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
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24028000
CY2012 us-gaap Increase Decrease In Restricted Cash
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34029000
CY2012 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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8659000
CY2012 us-gaap Payments Of Dividends
PaymentsOfDividends
49534000
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-7000
CY2012 us-gaap Notes Assumed1
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59000
CY2012 us-gaap Net Income Loss Available To Common Stockholders Basic
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178732000
CY2012 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
425054000
CY2012 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
5502000
CY2012 us-gaap Repayments Of Lines Of Credit
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100000000
CY2012 us-gaap Repayments Of Long Term Debt
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1227000
CY2012 us-gaap Business Combination Consideration Transferred Liabilities Incurred
BusinessCombinationConsiderationTransferredLiabilitiesIncurred
136676000
CY2012 us-gaap Income Taxes Paid
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80622000
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-2145000
CY2012 us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
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129472000
CY2012 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
11167000
CY2012 us-gaap Interest Paid
InterestPaid
16090000
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
304811000
CY2012 us-gaap Other Income
OtherIncome
10154000
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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222000
CY2012 us-gaap Revenues
Revenues
1200032000
CY2012 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
1189081000
CY2012 us-gaap Investment Income Nonoperating
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797000
CY2012 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
8659000
CY2012 us-gaap Net Income Loss
NetIncomeLoss
184045000
CY2012 us-gaap Stock Issued During Period Value Employee Benefit Plan
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19599000
CY2012 us-gaap Proceeds From Sale Maturity And Collections Of Investments
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10654000
CY2012 us-gaap Other Cost And Expense Operating
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174389000
CY2012 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
32723000
CY2012 us-gaap Goodwill Acquired During Period
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393547000
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
409000
CY2012 us-gaap Net Cash Provided By Used In Financing Activities
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148701000
CY2012 us-gaap Share Based Compensation
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15865000
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-66484000
CY2012 us-gaap Current State And Local Tax Expense Benefit
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11852000
CY2012 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
2469000
CY2012 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
75522000
CY2012 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
14266000
CY2012 us-gaap Operating Expenses
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895221000
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
120766000
CY2012 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
14095000
CY2012 us-gaap Adjustment For Amortization
AdjustmentForAmortization
63573000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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5780000
CY2012 us-gaap Interest Expense
InterestExpense
16097000
CY2012 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
36505000
CY2012 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
27348000
CY2012 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-23937000
CY2012 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
13305000
CY2012 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
100000000
CY2012 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
5375000
CY2012 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
200000000
CY2012 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
8659000
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
325000
CY2012 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
88043000
CY2012 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
669000
CY2012 us-gaap Depreciation
Depreciation
15373000
CY2012 us-gaap Dividends Cash
DividendsCash
49534000
CY2012 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
CY2012 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
39810000
CY2012 us-gaap Net Cash Provided By Used In Investing Activities
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-435500000
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IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-43059000
CY2012 bro Gross Realized Losses On Non Marketable Certificates Of Deposit And Other Securities
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CY2012 bro Net Loss Gain On Sales Of Investments Fixed Assets And Customer Accounts
NetLossGainOnSalesOfInvestmentsFixedAssetsAndCustomerAccounts
4105000
CY2012 bro Average Annual Operating Profit Earned Period Minimum
AverageAnnualOperatingProfitEarnedPeriodMinimum
P1Y
CY2012 bro Average Annual Operating Profit Earned Period Maximum
AverageAnnualOperatingProfitEarnedPeriodMaximum
P3Y
CY2012 bro Deferred Tax Provision
DeferredTaxProvision
32723000
CY2012 bro Net Income Attributable To Unvested Awarded Performance Stock
NetIncomeAttributableToUnvestedAwardedPerformanceStock
-5313000
CY2012 bro Gross Realized Gains On Non Marketable Certificates Of Deposit And Other Securities
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13000
CY2012 bro Change In Estimated Acquisition Earn Out Payable
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1418000
CY2012 bro Increase Decrease In Premium Deposits And Credits Due Customers Decrease Increase
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2506000
CY2012 bro Notes Receivable On Sale Of Fixed Assets And Customer Accounts
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967000
CY2012 bro Proceeds From Sale Of Non Marketable Certificates Of Deposit And Other Securities
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10654000
CY2012 bro Recorded Earn Out Payable
RecordedEarnOutPayable
21479000
CY2012 bro Increase Decrease In Premiums Payable To Insurance Companies
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-4651000
CY2012 bro Payments On Acquisition Earn Outs
PaymentsOnAcquisitionEarnOuts
13539000
CY2012 bro Employee Compensation And Benefits
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608506000
CY2012 bro Business Acquisition Earn Out Payable After Change In Additions And Payments
BusinessAcquisitionEarnOutPayableAfterChangeInAdditionsAndPayments
51569000
CY2012 bro Payments For Estimated Acquisition Earn Out Payables
PaymentsForEstimatedAcquisitionEarnOutPayables
17625000
CY2012 bro Payments On Acquisition Earn Outs In Excess Of Original Estimated Payables
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4086000
CY2012 bro Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Prices
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16.64
CY2012 bro Repurchase Of Stock Benefit Plan Shares For Employees To Fund Tax Withholdings
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8963000
CY2012 bro Additions To Estimated Acquisition Earn Out Payables
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21479000
CY2012 bro Common Stock Issued To Directors
CommonStockIssuedToDirectors
608000 shares
CY2012 bro Increase Decrease In Premiums Commission And Fees Receivable
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11312000
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25439000
CY2012 bro Change In Fair Value Estimated Acquisition Earn Out Payables
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1051000
CY2012 bro Business Combination Pro Forma Information Income Loss Before Income Taxes Of Acquiree Since Acquisition Date Actual
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898000
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.41
CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
99491000
CY2013Q1 us-gaap Revenues
Revenues
335012000
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
60131000
CY2013Q1 us-gaap Operating Expenses
OperatingExpenses
235521000
CY2012Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.34
CY2012Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.34
CY2012Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
82790000
CY2012Q1 us-gaap Revenues
Revenues
302486000
CY2012Q1 us-gaap Net Income Loss
NetIncomeLoss
49433000
CY2012Q1 us-gaap Operating Expenses
OperatingExpenses
219696000
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
CY2012Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
71145000
CY2012Q2 us-gaap Revenues
Revenues
290916000
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
42471000
CY2012Q2 us-gaap Operating Expenses
OperatingExpenses
219771000
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.36
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.36
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
86221000
CY2013Q2 us-gaap Revenues
Revenues
325792000
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
52007000
CY2013Q2 us-gaap Operating Expenses
OperatingExpenses
239571000
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.34
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.34
CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
81649000
CY2012Q3 us-gaap Revenues
Revenues
303800000
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
49504000
CY2012Q3 us-gaap Operating Expenses
OperatingExpenses
222151000
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
95455000
CY2013Q3 us-gaap Revenues
Revenues
359310000
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
57749000
CY2013Q3 us-gaap Operating Expenses
OperatingExpenses
263855000
CY2012Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
CY2012Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
69227000
CY2012Q4 us-gaap Revenues
Revenues
302830000
CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
42637000
CY2012Q4 us-gaap Operating Expenses
OperatingExpenses
233603000
CY2013Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.32
CY2013Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
76442000
CY2013Q4 us-gaap Revenues
Revenues
343165000
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
47225000
CY2013Q4 us-gaap Operating Expenses
OperatingExpenses
266723000

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