XML 28 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Investments:    
Fixed maturity securities available-for-sale, at fair value (amortized cost $1,122,459 and $1,080,006) $ 1,154,962 $ 1,127,499
Equity securities available-for-sale, at fair value (cost $135,044 and $123,972) 199,286 197,036
Other long-term investments 8,109 6,227
Short-term investments 32,758 53,262
Total investments 1,395,115 1,384,024
Cash 349 383
Reinsurance receivables due from affiliate 25,933 28,603
Prepaid reinsurance premiums due from affiliate 6,482 8,865
Deferred policy acquisition costs (affiliated $42,239 and $38,930) 42,404 39,343
Prepaid pension and postretirement benefits due from affiliate 17,056 17,360
Accrued investment income 10,609 10,295
Amounts receivable under reverse repurchase agreements 16,850 0
Accounts receivable 849 1,767
Goodwill 942 942
Other assets (affiliated $3,175 and $4,900) 3,481 6,238
Total assets 1,520,070 1,497,820
LIABILITIES    
Losses and settlement expenses (affiliated $664,135 and $650,652) 671,586 661,309
Unearned premiums (affiliated $241,397 and $230,460) 242,017 232,093
Other policyholders' funds (all affiliated) 8,600 10,153
Surplus notes payable to affiliate 25,000 25,000
Amounts due affiliate to settle inter-company transaction balances 1,127 8,559
Pension benefits payable to affiliate 4,018 4,162
Income taxes payable 3,911 3
Deferred income taxes 20,190 28,654
Other liabilities (affiliated $20,520 and $23,941) 28,227 25,001
Total liabilities 1,004,676 994,934
STOCKHOLDERS' EQUITY    
Common stock, $1 par value, authorized 30,000,000 shares; issued and outstanding, 20,653,399 shares in 2015 and 20,344,409 shares in 2014 20,653 20,344
Additional paid-in capital 105,933 99,891
Accumulated other comprehensive income 65,533 81,662
Retained earnings 323,275 300,989
Total stockholders' equity 515,394 502,886
Total liabilities and stockholders' equity $ 1,520,070 $ 1,497,820