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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Investments and cash:    
Fixed maturities, available-for-sale, at fair value (amortized cost: 2014, $2,133,492; 2013, $2,036,999) $ 2,162,713 $ 2,047,873
Equity securities, available-for-sale, at fair value (cost: 2014, $137,358; 2013, $118,804) 163,527 143,954
Short-term investments, at cost which approximates fair value 207,843 296,250
Cash 55,041 86,509
Total investments and cash 2,589,124 2,574,586
Premiums receivable 416,675 325,025
Prepaid reinsurance premiums 246,545 247,822
Reinsurance recoverable on paid losses 42,260 38,384
Reinsurance recoverable on unpaid losses and loss adjustment expenses 830,431 822,438
Deferred policy acquisition costs 79,334 67,007
Accrued investment income 14,221 13,866
Goodwill and other intangible assets 7,174 7,177
Current income tax receivable, net 3,204 9,918
Deferred income tax, net 20,928 28,187
Receivable for investments sold 10,078 3
Other assets 39,831 35,039
Total assets 4,299,805 4,169,452
Liabilities:    
Reserves for losses and loss adjustment expenses 2,087,471 2,045,071
Unearned premiums 798,745 714,606
Reinsurance balances payable 145,948 167,252
Senior Notes 263,340 263,308
Payable for investments purchased 10,231 7,624
Accounts payable and other liabilities 57,236 69,379
Total liabilities 3,362,971 3,267,240
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 17,766,586 shares for 2014 and 17,709,876 shares for 2013 1,776 1,770
Additional paid-in capital 337,242 335,546
Treasury stock, at cost (3,511,380 shares for 2014 and 2013) (155,801) (155,801)
Retained earnings 720,305 692,337
Accumulated other comprehensive income 33,312 28,360
Total stockholders' equity 936,834 902,212
Total liabilities and stockholders' equity $ 4,299,805 $ 4,169,452