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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Investments:    
Fixed Maturities, available-for-sale, at fair value (amortized cost: 2017: $2,715,910; 2016: $2,628,225) $ 2,750,404 $ 2,635,882
Equity Securities, available-for-sale, at fair value (cost: 2017: $312,511; 2016: $327,911) 352,062 349,142
Other Invested Assets 1,781 1,960
Short-Term Investments, at fair value (amortized cost: 2017: $130,598; 2016: $143,451) 130,881 143,539
Total Investments 3,235,128 3,130,523
Cash 69,222 64,643
Premiums Receivable 423,767 306,686
Prepaid Reinsurance Premiums 238,359 213,377
Reinsurance Recoverable on Paid Losses 67,567 82,582
Reinsurance Recoverable on Unpaid Losses and Loss Adjustment Expenses 782,864 779,276
Deferred Policy Acquisition Costs 132,796 119,660
Accrued Investment Income 18,196 17,315
Goodwill and Other Intangible Assets 6,499 6,451
Current Income Tax Receivable, Net 16,113 20,556
Deferred Income Tax, Net 15,430 20,938
Other Assets 57,953 52,030
Total Assets 5,063,894 4,814,037
Liabilities:    
Reserves for Losses and Loss Adjustment Expenses 2,346,327 2,289,727
Unearned Premiums 1,002,855 887,344
Reinsurance Balances Payable 125,357 108,980
Senior Notes 263,806 263,728
Payable for Investments Purchased 12,000 0
Accounts Payable and Other Liabilities 69,381 86,070
Total Liabilities 3,819,726 3,635,849
Stockholders' equity:    
Preferred Stock ($.10 par value per share, authorized 1,000 shares, none issued) [1] 0 0
Common Stock ($.10 par value per share, authorized 50,000 shares, issued 36,498 shares for 2017 and 36,147 shares for 2016) [1] 3,647 3,612
Additional Paid-In Capital [1] 371,410 373,983
Treasury Stock, at cost (7,023 shares for 2017 and 2016) [1] (155,801) (155,801)
Retained Earnings [1] 986,039 947,519
Accumulated Other Comprehensive Income [1] 38,873 8,875
Total Stockholders' Equity [1] 1,244,168 1,178,188
Total Liabilities and Stockholders' Equity $ 5,063,894 $ 4,814,037
[1] We completed a two-for-one stock split on January 20, 2017. All share and per share data prior to January 20, 2017 has been retroactively restated on a post-split basis.