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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Investments and cash:    
Fixed maturities, available-for-sale, at fair value (amortized cost: 2015: $2,291,137; 2014: $2,323,959) $ 2,313,937 $ 2,365,934
Equity securities, available-for-sale, at fair value (cost: 2015: $179,917; 2014: $154,843) 195,078 184,295
Short-term investments, at fair value (amortized cost: 2015: $201,688; 2014: $179,527) 201,748 179,506
Cash 89,250 90,751
Total investments and cash 2,800,013 2,820,486
Premiums receivable 407,122 342,479
Prepaid reinsurance premiums 260,010 237,851
Reinsurance recoverable on paid losses 124,439 51,347
Reinsurance recoverable on unpaid losses and loss adjustment expenses 780,297 851,498
Deferred policy acquisition costs 84,905 79,452
Accrued investment income 14,573 14,791
Goodwill and other intangible assets 6,947 7,013
Current income tax receivable, net 16,109 14,549
Deferred income tax, net 7,658  
Other assets 39,159 44,710
Total assets 4,541,232 4,464,176
Liabilities:    
Reserves for losses and loss adjustment expenses 2,131,157 2,159,634
Unearned premiums 857,068 766,167
Reinsurance balances payable 155,423 152,774
Senior notes 263,509 263,440
Deferred income tax, net   1,467
Accounts payable and other liabilities 80,446 93,470
Total liabilities $ 3,487,603 $ 3,436,952
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 17,908,734 shares for 2015 and 17,792,846 shares for 2014 $ 1,791 $ 1,778
Additional paid-in capital 350,151 347,022
Treasury stock, at cost (3,511,380 shares for 2015 and 2014) (155,801) (155,801)
Retained earnings 832,779 787,666
Accumulated other comprehensive income 24,709 46,559
Total stockholders' equity 1,053,629 1,027,224
Total liabilities and stockholders' equity $ 4,541,232 $ 4,464,176