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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Fixed maturities    
Held-to-maturity, at amortized cost (fair value $660 in 2016 and $675 in 2015) $ 658 $ 672
Available-for-sale, at fair value (amortized cost $2,812,091 in 2016 and $2,793,069 in 2015) 2,942,364 2,824,961
Trading securities, at fair value (amortized cost $11,040 in 2016 and $11,475 in 2015) 12,558 12,622
Equity securities    
Available-for-sale, at fair value (cost $68,747 in 2016 and $68,514 in 2015) 249,180 236,247
Trading securities, at fair value (cost $4,764 in 2016 and $4,443 in 2015) 5,004 4,353
Mortgage loans 3,836 3,961
Policy loans 5,282 5,618
Other long-term investments 52,349 54,151
Short-term investments 175 175
Total investments 3,271,406 3,142,760
Cash and cash equivalents 119,700 106,449
Accrued investment income 24,901 25,136
Premiums receivable (net of allowance for doubtful accounts of $1,210 in 2016 and $867 in 2015) 339,851 276,517
Deferred policy acquisition costs 159,050 168,264
Property and equipment (primarily land and buildings, at cost, less accumulated depreciation of $48,582 in 2016 and $46,590 in 2015) 53,236 53,241
Reinsurance receivables and recoverables 80,940 73,527
Prepaid reinsurance premiums 4,153 3,790
Income taxes receivable 12,341 0
Goodwill and intangible assets 25,124 25,509
Other assets 15,136 15,183
TOTAL ASSETS 4,105,838 3,890,376
Future policy benefits and losses, claims and loss settlement expenses    
Property and casualty insurance 1,054,548 1,003,895
Life insurance 1,364,307 1,372,358
Unearned premiums 475,908 415,057
Accrued expenses and other liabilities 204,939 200,599
Income taxes payable 0 4,917
Deferred income taxes 45,105 14,653
TOTAL LIABILITIES 3,144,807 3,011,479
Stockholders’ Equity    
Common stock, $0.001 par value; authorized 75,000,000 shares; 25,390,685 and 25,151,428 shares issued and outstanding in 2016 and 2015, respectively 25 25
Additional paid-in capital 215,075 207,426
Retained earnings 604,652 591,009
Accumulated other comprehensive income, net of tax 141,279 80,437
TOTAL STOCKHOLDERS’ EQUITY 961,031 878,897
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 4,105,838 $ 3,890,376