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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Investments and cash:    
Fixed maturities, available-for-sale, at fair value (amortized cost: 2013, $2,001,865; 2012, $2,034,765) $ 2,078,003 $ 2,121,833
Equity securities, available-for-sale, at fair value (cost: 2013, $92,017; 2012, $85,004) 116,482 101,297
Short-term investments, at cost which approximates fair value 129,475 153,788
Cash 58,576 45,336
Total investments and cash 2,382,536 2,422,254
Premiums receivable 400,397 320,182
Prepaid reinsurance premiums 232,776 221,015
Reinsurance recoverable on paid losses 51,955 49,282
Reinsurance recoverable on unpaid losses and loss adjustment expenses 872,290 880,139
Deferred policy acquisition costs 69,349 61,005
Accrued investment income 13,640 12,587
Goodwill and other intangible assets 6,785 7,093
Deferred income tax, net 4,049 3,216
Receivable for investments sold 9,334 4,310
Other assets 27,934 26,587
Total assets 4,071,045 4,007,670
Liabilities:    
Reserves for losses and loss adjustment expenses 2,104,386 2,097,048
Unearned premiums 719,383 642,407
Reinsurance balances payable 165,113 165,813
Senior Notes 114,462 114,424
Current income tax payable, net 7,078 2,133
Payable for investments purchased 20,905 58,345
Accounts payable and other liabilities 42,960 48,015
Total liabilities 3,174,287 3,128,185
Stockholders' equity:    
Preferred stock, $.10 par value, authorized 1,000,000 shares, none issued      
Common stock, $.10 par value, authorized 50,000,000 shares, issued 17,641,357 shares for 2013 and 17,558,046 shares for 2012 1,763 1,755
Additional paid-in capital 331,932 329,452
Treasury stock, at cost (3,511,380 shares for 2013 and 2012) (155,801) (155,801)
Retained earnings 642,781 628,871
Accumulated other comprehensive income 76,083 75,208
Total stockholders' equity 896,758 879,485
Total liabilities and stockholders' equity $ 4,071,045 $ 4,007,670