XML 32 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Fixed maturities    
Held-to-maturity, at amortized cost (fair value $656 in 2014 and $669 in 2013) $ 644 $ 656
Available-for-sale, at fair value (amortized cost $2,759,461 in 2014 and $2,733,557 in 2013) 2,805,723 2,751,256
Trading securities, at fair value (amortized cost $13,904 in 2014 and $8,049 in 2013) 16,095 9,940
Equity securities    
Available-for-sale, at fair value (cost $71,021 in 2014 and $70,957 in 2013) 232,377 229,368
Trading securities, at fair value (cost $2,704 in 2014 and $2,367 in 2013) 3,037 2,487
Mortgage loans 4,368 4,423
Policy loans 6,177 6,261
Other long-term investments 46,513 44,946
Short-term investments 800 800
Total investments 3,115,734 3,050,137
Cash and cash equivalents 68,663 92,193
Accrued investment income 28,686 27,923
Premiums receivable (net of allowance for doubtful accounts of $970 in 2014 and $896 in 2013) 236,424 218,635
Deferred policy acquisition costs 143,296 150,092
Property and equipment (primarily land and buildings, at cost, less accumulated depreciation of $38,058 in 2014 and $36,972 in 2013) 47,974 47,218
Reinsurance receivables and recoverables 85,281 87,451
Prepaid reinsurance premiums 3,630 3,160
Income taxes receivable 0 1,786
Goodwill and intangible assets 26,855 27,047
Other assets 12,706 15,030
TOTAL ASSETS 3,769,249 3,720,672
Future policy benefits and losses, claims and loss settlement expenses    
Property and casualty insurance 974,246 960,651
Life insurance 1,471,584 1,472,132
Unearned premiums 360,782 340,464
Accrued expenses and other liabilities 124,124 142,677
Income taxes payable 1,948 0
Deferred income taxes 28,458 21,915
TOTAL LIABILITIES 2,961,142 2,937,839
Stockholders’ Equity    
Common stock, $0.001 par value; authorized 75,000,000 shares; 25,396,845 and 25,360,893 shares issued and outstanding in 2014 and 2013, respectively 25 25
Additional paid-in capital 212,904 211,574
Retained earnings 492,848 484,084
Accumulated other comprehensive income, net of tax 102,330 87,150
TOTAL STOCKHOLDERS’ EQUITY 808,107 782,833
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,769,249 $ 3,720,672