XML 20 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Investments:    
Fixed maturity securities available-for-sale, at fair value (amortized cost $1,247,717 and $1,253,166) $ 1,241,699 $ 1,275,016
Equity investments, at fair value (cost $148,866 and $144,274) 222,397  
Equity investments, at fair value (cost $148,866 and $144,274)   228,115
Equity investments, at alternative measurement of cost less impairments 3,200 0
Other long-term investments 16,654 13,648
Short-term investments 23,447 23,613
Total investments 1,507,397 1,540,392
Cash 259 347
Reinsurance receivables due from affiliate 31,929 31,650
Prepaid reinsurance premiums due from affiliate 14,376 12,789
Deferred policy acquisition costs (affiliated $43,634 and $40,848) 43,861 41,114
Prepaid pension and postretirement benefits due from affiliate 22,274 20,683
Accrued investment income 10,424 11,286
Amounts receivable under reverse repurchase agreements 16,500 16,500
Accounts receivable 1,700 1,604
Income taxes recoverable 5,116 0
Goodwill 942 942
Other assets (affiliated $3,943 and $4,423) 4,530 4,633
Total assets 1,659,308 1,681,940
LIABILITIES    
Losses and settlement expenses (affiliated $752,852 and $726,413) 756,869 732,612
Unearned premiums (affiliated $265,491 and $256,434) 266,500 257,797
Other policyholders' funds (all affiliated) 8,027 10,013
Surplus notes payable to affiliate 25,000 25,000
Amounts due affiliate to settle inter-company transaction balances 588 367
Pension benefits payable to affiliate 4,034 4,185
Income taxes payable 0 544
Deferred income taxes 7,807 15,020
Other liabilities (affiliated $21,991 and $27,520) 22,416 32,556
Total liabilities 1,091,241 1,078,094
STOCKHOLDERS' EQUITY    
Common stock, $1 par value, authorized 30,000,000 shares; issued and outstanding, 21,526,346 shares in 2018 and 21,455,545 shares in 2017 21,526 21,455
Additional paid-in capital 126,308 124,556
Accumulated other comprehensive income (loss) (5,944) 83,384
Retained earnings 426,177 374,451
Total stockholders' equity 568,067 603,846
Total liabilities and stockholders' equity $ 1,659,308 $ 1,681,940