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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Investments and cash:    
Fixed maturities, available-for-sale, at fair value (amortized cost: 2013, $1,958,434; 2012, $2,034,765) $ 1,981,731 $ 2,121,833
Equity securities, available-for-sale, at fair value (cost: 2013, $131,046; 2012, $85,004) 158,890 101,297
Short-term investments, at cost which approximates fair value 152,987 153,788
Cash 130,513 45,336
Total investments and cash 2,424,121 2,422,254
Premiums receivable 355,578 320,182
Prepaid reinsurance premiums 253,435 221,015
Reinsurance recoverable on paid losses 44,955 49,282
Reinsurance recoverable on unpaid losses and loss adjustment expenses 796,289 880,139
Deferred policy acquisition costs 63,171 61,005
Accrued investment income 13,746 12,587
Goodwill and other intangible assets 7,065 7,093
Deferred income tax, net 22,639 3,216
Receivable for investments sold 59,453 4,310
Other assets 34,124 26,587
Total assets 4,074,576 4,007,670
Liabilities:    
Reserves for losses and loss adjustment expenses 2,050,720 2,097,048
Unearned premiums 716,236 642,407
Reinsurance balances payable 180,563 165,813
Senior Notes 114,542 114,424
Current income tax payable, net 5,449 2,133
Payable for investments purchased 48,855 58,345
Accounts payable and other liabilities 58,329 48,015
Total liabilities 3,174,694 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 17,658,292 shares for 2013 and 17,558,046 shares for 2012 1,765 1,755
Additional paid-in capital 334,421 329,452
Treasury stock, at cost (3,511,380 shares for 2013 and 2012) (155,801) (155,801)
Retained earnings 678,004 628,871
Accumulated other comprehensive income 41,493 75,208
Total stockholders' equity 899,882 879,485
Total liabilities and stockholders' equity $ 4,074,576 $ 4,007,670