XML 30 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Fixed maturities    
Held-to-maturity, at amortized cost (fair value $1,668 in 2013 and $1,681 in 2012) $ 1,638 $ 1,655
Available-for-sale, at fair value (amortized cost $2,666,902 in 2013 and $2,657,800 in 2012) 2,807,582 2,808,078
Trading securities, at fair value (amortized cost $12,470 in 2013 and $12,645 in 2012) 13,738 13,353
Equity securities    
Available-for-sale, at fair value (cost $67,464 in 2013 and $66,892 in 2012) 195,677 177,127
Trading securities, at fair value (cost $1,772 in 2013 and $1,772 in 2012) 2,131 2,018
Mortgage loans 4,581 4,633
Policy loans 6,566 6,671
Other long-term investments 30,646 30,028
Short-term investments 800 800
Total Investments 3,063,359 3,044,363
Cash and cash equivalents 101,948 107,466
Accrued investment income 30,079 30,375
Premiums receivable (net of allowance for doubtful accounts of $888 in 2013 and $866 in 2012) 207,920 188,289
Deferred policy acquisition costs 113,088 105,300
Property and equipment (primarily land and buildings, at cost, less accumulated depreciation of $34,060 in 2013 and $34,093 in 2012) 42,328 43,090
Reinsurance receivables and recoverables 120,140 114,399
Prepaid reinsurance premiums 3,218 2,963
Income taxes receivable 2,386 16,536
Goodwill and intangible assets 27,624 28,259
Other assets 12,600 13,613
TOTAL ASSETS 3,724,690 3,694,653
Liabilities    
Property and casualty insurance 971,239 971,911
Life insurance 1,484,362 1,498,176
Unearned premiums 326,320 311,650
Accrued expenses and other liabilities 157,801 164,111
Deferred income taxes 26,826 19,628
TOTAL LIABILITIES 2,966,548 2,965,476
Stockholders’ Equity    
Common stock, $0.001 par value; authorized 75,000,000 shares; 25,266,295 and 25,227,463 shares issued and outstanding in 2013 and 2012, respectively 25 25
Additional paid-in capital 209,472 208,536
Retained earnings 444,035 425,428
Accumulated other comprehensive income, net of tax 104,610 95,188
TOTAL STOCKHOLDERS’ EQUITY 758,142 729,177
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,724,690 $ 3,694,653