XML 14 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Investments:    
Available-for-sale, at fair value $ 2,996,737  
Equity Securities, at fair value (cost: 2018: $359,400; 2017: $224,159)   $ 235,981
Equity Securities, at fair value (cost: 2018: $359,400; 2017: $224,159) 371,680  
Other Invested Assets 42,489 30,488
Total Investments 3,410,906 3,330,003
Cash and Cash Equivalents 219,980 102,735
Restricted Cash and Cash Equivalents 61,644 56,229
Premiums Receivable 392,392 351,393
Prepaid Reinsurance Premiums 235,642 228,569
Reinsurance Recoverable on Paid Losses 102,829 72,494
Reinsurance Recoverable on Unpaid Losses and Loss Adjustment Expenses 780,215 809,765
Deferred Policy Acquisition Costs 161,419 135,249
Accrued Investment Income 21,981 19,480
Goodwill and Other Intangible Assets 28,140 6,596
Current Income Tax Receivable, Net 25,429 16,667
Deferred Income Tax, Net 26,377 22,271
Other Assets 81,373 73,171
Total Assets 5,548,327 5,224,622
Liabilities:    
Reserves for Losses and Loss Adjustment Expenses 2,633,835 2,515,145
Unearned Premiums 1,128,762 987,681
Reinsurance Balances Payable 147,129 136,192
Senior Notes 264,009 263,885
Payable for Investments Purchased 16,968 0
Accounts Payable and Other Liabilities 125,796 95,754
Total Liabilities 4,316,499 3,998,657
Stockholders' Equity:    
Preferred Stock ($.10 par value per share, authorized 1,000 shares, none issued) 0 0
Common Stock ($.10 par value per share, authorized 50,000 shares, issued 36,795 shares for 2018 and 36,530 shares for 2017) 3,677 3,650
Additional Paid-In Capital 379,212 376,868
Treasury Stock, at cost (7,023 shares for 2018 and 2017) (155,801) (155,801)
Retained Earnings 1,047,673 981,380
Accumulated Other Comprehensive Income (Loss) (42,933) 19,868
Total Stockholders' Equity 1,231,828 1,225,965
Total Liabilities and Stockholders' Equity 5,548,327 5,224,622
Fixed Maturities    
Investments:    
Available-for-sale, at fair value 2,989,473 3,057,054
Short-Term Investments    
Investments:    
Available-for-sale, at fair value $ 7,264 $ 6,480