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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Investments and cash:    
Fixed maturities, available-for-sale, at fair value (amortized cost: 2013, $1,988,507; 2012, $2,034,765) $ 2,007,806 $ 2,121,833
Equity securities, available-for-sale, at fair value (cost: 2013, $115,221; 2012, $85,004) 138,549 101,297
Short-term investments, at cost which approximates fair value 124,726 153,788
Cash 101,960 45,336
Total investments and cash 2,373,041 2,422,254
Premiums receivable 394,395 320,182
Prepaid reinsurance premiums 251,046 221,015
Reinsurance recoverable on paid losses 52,569 49,282
Reinsurance recoverable on unpaid losses and loss adjustment expenses 881,962 880,139
Deferred policy acquisition costs 65,109 61,005
Accrued investment income 13,691 12,587
Goodwill and other intangible assets 6,785 7,093
Deferred income tax, net 25,882 3,216
Receivable for investments sold 25 4,310
Other assets 32,005 26,587
Total assets 4,096,510 4,007,670
Liabilities:    
Reserves for losses and loss adjustment expenses 2,116,384 2,097,048
Unearned premiums 729,568 642,407
Reinsurance balances payable 183,683 165,813
Senior Notes 114,502 114,424
Current income tax payable, net 6,324 2,133
Payable for investments purchased 21,428 58,345
Accounts payable and other liabilities 50,669 48,015
Total liabilities 3,222,558 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 17,645,043 shares for 2013 and 17,558,046 shares for 2012 1,764 1,755
Additional paid-in capital 333,954 329,452
Treasury stock, at cost (3,511,380 shares for 2013 and 2012) (155,801) (155,801)
Retained earnings 656,718 628,871
Accumulated other comprehensive income 37,317 75,208
Total stockholders' equity 873,952 879,485
Total liabilities and stockholders' equity $ 4,096,510 $ 4,007,670