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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Investments:    
Fixed maturities, available-for-sale, at fair value (amortized cost: 2016: $2,628,225; 2015: $2,400,245) $ 2,635,882 $ 2,414,210
Equity securities, available-for-sale, at fair value (cost: 2016: $327,911; 2015: $281,943) 349,142 305,271
Short-term investments, at fair value (amortized cost: 2016: $143,451; 2015: $217,743) 143,539 217,745
Total investments 3,130,523 2,937,226
Cash 64,643 69,901
Premiums receivable 306,686 276,616
Prepaid reinsurance premiums 213,377 232,588
Reinsurance recoverable on paid losses 82,582 49,506
Reinsurance recoverable on unpaid losses and loss adjustment expenses 779,276 809,518
Deferred policy acquisition costs 119,660 91,983
Accrued investment income 17,315 16,001
Goodwill and other intangible assets 6,451 6,807
Current income tax receivable, net 20,556 22,323
Deferred income tax, net 20,938 3,900
Other assets 52,030 67,643
Total assets 4,814,037 4,584,012
Other invested assets 1,960  
Liabilities:    
Reserves for losses and loss adjustment expenses 2,289,727 2,202,644
Unearned premiums 887,344 820,676
Reinsurance balances payable 108,980 107,411
Senior notes 263,728 263,580
Accounts payable and other liabilities 86,070 93,553
Total liabilities 3,635,849 3,487,864
Stockholders' equity:    
Preferred stock, $.10 par value, authorized 1,000,000 shares, none issued [1]
Common stock, $.10 par value, authorized 50,000,000 shares, issued 36,146,899 shares for 2016 and 35,884,538 shares for 2015 [1] 3,612 3,586
Additional paid-in capital [1] 373,983 356,036
Treasury stock, at cost (7,022,760 shares for 2016 and 2015) [1] (155,801) (155,801)
Retained earnings [1] 947,519 868,723
Accumulated other comprehensive income [1] 8,875 23,604
Total stockholders' equity [1] 1,178,188 1,096,148
Total liabilities and stockholders' equity $ 4,814,037 $ 4,584,012
[1] We completed a two-for-one stock split on January 20, 2017. All per share data has been retroactively restated on a post-split basis.