XML 91 R27.htm IDEA: XBRL DOCUMENT v2.4.0.8
Summary of Significant Accounting Policies Financial Statements (Tables)
12 Months Ended
Dec. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Deferred Policy Acquisition Costs [Table Text Block]
The components of deferred acquisition costs from year to year are summarized as follows:

 
For the Years Ended December 31,
 
2013
 
2012
 
2011
 
 
 
 
(In thousands)
Balance at beginning of period
$
135,569

 
124,542

 
113,761

Capitalized
29,398

 
29,074

 
27,826

Amortized
(18,511
)
 
(17,845
)
 
(16,848
)
Effects of unrealized (gains) losses
235

 
(202
)
 
(197
)
Balance at end of period
$
146,691

 
135,569

 
124,542

Intangible Assets Arising from Insurance Contracts Acquired in Business Combination [Table Text Block]
Cost of customer relationships acquired relative to purchased blocks of insurance is summarized as follows:

 
For the Years Ended December 31,
 
2013
 
2012
 
2011
 
(In thousands)
Balance at beginning of period
$
25,116

 
27,945

 
31,631

Amortization
(2,408
)
 
(2,467
)
 
(2,998
)
Change in effects of unrealized (gains) losses on CCRA
666

 
(362
)
 
(688
)
Balance at end of period
$
23,374

 
25,116

 
27,945

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
Estimated amortization of cost of customer relationship acquired in each of the next five years and thereafter is as follows.  Actual future amortization will differ from these estimates due to variances from estimated future withdrawal assumptions.
 
 
Amount
 
(In thousands)
Year:
 
2014
$
1,924

2015
1,742

2016
1,612

2017
1,478

2018
1,358

Thereafter
15,659

 
23,773

Effects of unrealized (gains) losses on CCRA
(399
)
Total
$
23,374

Schedule of Goodwill [Table Text Block]
Goodwill is summarized as follows:

 
 
Net Amount
 
 
(In thousands)
Balance at January 1, 2011
 
$
17,160

Acquisition
 

Adjustments
 

Balance at December 31, 2011, 2012 and 2013
 
$
17,160

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table sets forth the computation of basic and diluted earnings per share.
 
 
Years Ended December 31,
 
 
2013
 
2012
 
2011
 
 
 
 
 
(In thousands, except per share amounts)
Basic and diluted earnings per share:
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
Net income
 
$
4,793

 
4,529

 
8,482

Net income allocated to Class A common stock
 
$
4,745

 
4,483

 
8,397

Net income allocated to Class B common stock
 
48

 
46

 
85

Net income
 
$
4,793

 
4,529

 
8,482

Denominator:
 
 

 
 

 
 

Weighted average shares of Class A outstanding - basic
 
49,080

 
49,005

 
48,809

Weighted average shares of Class B outstanding - basic and diluted
 
1,002

 
1,002

 
1,002

Total weighted average shares outstanding - basic
 
50,082

 
50,007

 
49,811

Basic and diluted earnings per share of Class A common stock
 
$
0.10

 
0.09

 
0.17

Basic and diluted earnings per share of Class B common stock
 
0.05

 
0.05

 
0.09

Property, Plant and Equipment [Table Text Block]
The following is a summary of property and equipment.

 
For the Years Ended December 31,
 
2013
 
2012
 
(In thousands)
Property and equipment:
 
 
 
Home office, land and buildings
$
9,696

 
9,511

Furniture and equipment
2,472

 
2,464

Electronic data processing equipment
4,170

 
4,083

Automobiles and marine assets
373

 
382

Airplane
3,345

 
3,282

Total property and equipment
20,056

 
19,722

Accumulated depreciation
(13,394
)
 
(12,339
)
Balance at end of period
$
6,662

 
7,383