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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Investments:    
Fixed maturities, available-for-sale, at fair value (amortized cost: 2015: $2,400,245; 2014: $2,323,959) $ 2,414,210 $ 2,365,934
Equity securities, available-for-sale, at fair value (cost: 2015: $281,943; 2014: $154,843) 305,271 184,295
Short-term investments, at fair value (amortized cost: 2015: $217,743; 2014: $179,527) 217,745 179,506
Total investments 2,937,226 2,729,735
Cash 69,901 90,751
Premiums receivable 276,616 342,479
Prepaid reinsurance premiums 232,588 237,851
Reinsurance recoverable on paid losses 49,506 51,347
Reinsurance recoverable on unpaid losses and loss adjustment expenses 809,518 851,498
Deferred policy acquisition costs 91,983 79,452
Accrued investment income 16,001 14,791
Goodwill and other intangible assets 6,807 7,013
Current income tax receivable, net 22,323 14,549
Deferred income tax, net 3,900  
Other assets 67,643 56,719
Total assets 4,584,012 4,476,185
Liabilities:    
Reserves for losses and loss adjustment expenses 2,202,644 2,159,634
Unearned premiums 820,676 766,167
Reinsurance balances payable 107,411 152,774
Senior notes 263,580 263,440
Deferred income tax, net   1,467
Payable for investments purchased 1,495 134
Accounts payable and other liabilities 92,058 105,345
Total liabilities $ 3,487,864 $ 3,448,961
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 17,942,269 shares for 2015 and 17,792,846 shares for 2014 $ 1,793 $ 1,778
Additional paid-in capital 357,829 347,022
Treasury stock, at cost (3,511,380 shares for 2015 and 2014) (155,801) (155,801)
Retained earnings 868,723 787,666
Accumulated other comprehensive income 23,604 46,559
Total stockholders' equity 1,096,148 1,027,224
Total liabilities and stockholders' equity $ 4,584,012 $ 4,476,185