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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Fixed maturities    
Held-to-maturity, at amortized cost (fair value $667 in 2016 and $675 in 2015) $ 664 $ 672
Available-for-sale, at fair value (amortized cost $2,770,718 in 2016 and $2,793,069 in 2015) 2,855,166 2,824,961
Trading securities, at fair value (amortized cost $11,537 in 2016 and $11,475 in 2015) 13,000 12,622
Equity securities    
Available-for-sale, at fair value (cost $68,724 in 2016 and $68,514 in 2015) 237,816 236,247
Trading securities, at fair value (cost $4,443 in 2016 and $4,443 in 2015) 4,446 4,353
Mortgage loans 3,899 3,961
Policy loans 5,348 5,618
Other long-term investments 51,815 54,151
Short-term investments 175 175
Total investments 3,172,329 3,142,760
Cash and cash equivalents 143,981 106,449
Accrued investment income 26,825 25,136
Premiums receivable (net of allowance for doubtful accounts of $1,039 in 2016 and $867 in 2015) 302,762 276,517
Deferred policy acquisition costs 160,158 168,264
Property and equipment (primarily land and buildings, at cost, less accumulated depreciation of $47,393 in 2016 and $46,590 in 2015) 52,340 53,241
Reinsurance receivables and recoverables 71,745 73,527
Prepaid reinsurance premiums 4,112 3,790
Goodwill and intangible assets 25,317 25,509
Other assets 16,423 15,183
TOTAL ASSETS 3,975,992 3,890,376
Future policy benefits and losses, claims and loss settlement expenses    
Property and casualty insurance 1,016,082 1,003,895
Life insurance 1,367,327 1,372,358
Unearned premiums 436,058 415,057
Accrued expenses and other liabilities 192,023 200,599
Income taxes payable 5,645 4,917
Deferred income taxes 29,688 14,653
TOTAL LIABILITIES 3,046,823 3,011,479
Stockholders’ Equity    
Common stock, $0.001 par value; authorized 75,000,000 shares; 25,324,068 and 25,151,428 shares issued and outstanding in 2016 and 2015, respectively 25 25
Additional paid-in capital 212,484 207,426
Retained earnings 607,883 591,009
Accumulated other comprehensive income, net of tax 108,777 80,437
TOTAL STOCKHOLDERS’ EQUITY 929,169 878,897
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,975,992 $ 3,890,376