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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Investments and cash:    
Fixed maturities, available-for-sale, at fair value (amortized cost: 2014, $2,177,094; 2013, $2,036,999) $ 2,220,855 $ 2,047,873
Equity securities, available-for-sale, at fair value (cost: 2014, $148,412; 2013, $118,804) 180,486 143,954
Short-term investments, at cost which approximates fair value 226,237 296,250
Cash 72,604 86,509
Total investments and cash 2,700,182 2,574,586
Premiums receivable 417,122 325,025
Prepaid reinsurance premiums 246,699 247,822
Reinsurance recoverable on paid losses 42,074 38,384
Reinsurance recoverable on unpaid losses and loss adjustment expenses 841,981 822,438
Deferred policy acquisition costs 76,975 67,007
Accrued investment income 14,579 13,866
Goodwill and other intangible assets 7,218 7,177
Current income tax receivable, net 7,149 9,918
Deferred income tax, net 17,307 28,187
Other assets 44,445 35,042
Total assets 4,415,731 4,169,452
Liabilities:    
Reserves for losses and loss adjustment expenses 2,137,802 2,045,071
Unearned premiums 801,302 714,606
Reinsurance balances payable 159,261 167,252
Senior Notes 263,373 263,308
Payable for investments purchased 18,615 7,624
Accounts payable and other liabilities 63,298 69,379
Total liabilities 3,443,651 3,267,240
Stockholders' equity:    
Preferred stock, $.10 par value, authorized 1,000,000 shares, none issued 0 0
Common stock, $.10 par value, authorized 50,000,000 shares, issued 17,772,359 shares for 2014 and 17,709,876 shares for 2013 1,776 1,770
Additional paid-in capital 339,523 335,546
Treasury stock, at cost (3,511,380 shares for 2014 and 2013) (155,801) (155,801)
Retained earnings 737,166 692,337
Accumulated other comprehensive income 49,416 28,360
Total stockholders' equity 972,080 902,212
Total liabilities and stockholders' equity $ 4,415,731 $ 4,169,452