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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Investments:    
Fixed maturity securities available-for-sale, at fair value (amortized cost $1,184,470 and $1,130,217) $ 1,237,150 $ 1,161,025
Equity securities available-for-sale, at fair value (cost $151,852 and $144,176) 219,282 206,243
Other long-term investments 9,941 9,930
Short-term investments 42,611 38,599
Total investments 1,508,984 1,415,797
Cash 350 224
Reinsurance receivables due from affiliate 22,590 24,236
Prepaid reinsurance premiums due from affiliate 11,588 6,563
Deferred policy acquisition costs (affiliated $44,320 and $40,535) 44,620 40,720
Prepaid pension and postretirement benefits due from affiliate 11,043 12,133
Accrued investment income 12,143 10,789
Amounts receivable under reverse repurchase agreements 16,850 16,850
Accounts receivable 2,958 804
Income taxes recoverable 0 1,735
Goodwill 942 942
Other assets (affiliated $4,838 and $4,595) 5,437 5,162
Total assets 1,637,505 1,535,955
LIABILITIES    
Losses and settlement expenses (affiliated $695,461 and $671,169) 700,565 678,774
Unearned premiums (affiliated $271,539 and $238,637) 272,900 239,435
Other policyholders' funds (all affiliated) 11,809 8,721
Surplus notes payable to affiliate 25,000 25,000
Amounts due affiliate to settle inter-company transaction balances 4,025 6,408
Pension benefits payable to affiliate 3,826 4,299
Income taxes payable 156 0
Deferred income taxes 25,894 19,029
Other liabilities (affiliated $24,659 and $28,598) 30,921 29,351
Total liabilities 1,075,096 1,011,017
STOCKHOLDERS' EQUITY    
Common stock, $1 par value, authorized 30,000,000 shares; issued and outstanding, 21,084,948 shares in 2016 and 20,780,439 shares in 2015 21,085 20,781
Additional paid-in capital 115,724 108,747
Accumulated other comprehensive income 75,529 58,433
Retained earnings 350,071 336,977
Total stockholders' equity 562,409 524,938
Total liabilities and stockholders' equity $ 1,637,505 $ 1,535,955