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STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 215,721 $ 189,072
Available-for-sale securities 71,190 56,138
Receivables from Erie Insurance Exchange and affiliates 418,328 378,540
Prepaid expenses and other current assets 34,890 30,169
Federal income taxes recoverable 29,900 5,260
Note receivable from Erie Family Life Insurance Company 25,000 0
Accrued investment income 6,853 6,337
Total current assets 801,882 665,516
Available-for-sale securities 687,523 657,153
Limited partnership investments 45,122 58,159
Fixed assets, net 83,149 69,142
Deferred income taxes, net 19,390 53,889
Note receivable from Erie Family Life Insurance Company 0 25,000
Other assets 28,793 20,096
Total assets 1,665,859 1,548,955
Current liabilities:    
Commissions payable 228,124 210,559
Agent bonuses 122,528 114,772
Accounts payable and accrued liabilities 104,533 88,153
Dividends payable 39,116 36,441
Deferred executive compensation 15,605 19,675
Total current liabilities 509,906 469,600
Defined benefit pension plans 207,530 221,827
Employee benefit obligations 423 756
Deferred executive compensation 14,452 13,233
Long-term borrowings 74,728 24,766
Other long-term liabilities 1,476 1,863
Total liabilities 808,515 732,045
Shareholders' equity    
Additional paid-in-capital 16,470 16,300
Accumulated other comprehensive loss (156,059) (121,381)
Retained earnings 2,140,853 2,065,911
Total contributed capital and retained earnings 2,003,434 1,963,000
Treasury stock, at cost; 22,110,132 shares held (1,155,668) (1,155,846)
Deferred compensation 9,578 9,756
Total shareholders' equity 857,344 816,910
Total liabilities and shareholders' equity 1,665,859 1,548,955
Class A    
Shareholders' equity    
Common stock 1,992 1,992
Class B    
Shareholders' equity    
Common stock $ 178 $ 178