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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Investments:    
Fixed maturity securities available-for-sale, at fair value (amortized cost $1,189,525 and $1,130,217) $ 1,199,699 $ 1,161,025
Equity securities available-for-sale, at fair value (cost $147,479 and $144,176) 213,839 206,243
Other long-term investments 12,506 9,930
Short-term investments 39,670 38,599
Total investments 1,465,714 1,415,797
Cash 307 224
Reinsurance receivables due from affiliate 21,326 24,236
Prepaid reinsurance premiums due from affiliate 9,309 6,563
Deferred policy acquisition costs (affiliated $40,660 and $40,535) 40,939 40,720
Prepaid pension and postretirement benefits due from affiliate 12,314 12,133
Accrued investment income 11,050 10,789
Amounts receivable under reverse repurchase agreements 20,000 16,850
Accounts receivable 2,076 804
Income taxes recoverable 0 1,735
Goodwill 942 942
Other assets (affiliated $4,632 and $4,595) 4,836 5,162
Total assets 1,588,813 1,535,955
LIABILITIES    
Losses and settlement expenses (affiliated $685,533 and $671,169) 690,532 678,774
Unearned premiums (affiliated $243,682 and $238,637) 244,885 239,435
Other policyholders' funds (all affiliated) 13,068 8,721
Surplus notes payable to affiliate 25,000 25,000
Amounts due affiliate to settle inter-company transaction balances 11,222 6,408
Pension benefits payable to affiliate 4,097 4,299
Income taxes payable 2,359 0
Deferred income taxes 11,321 19,029
Other liabilities (affiliated $27,871 and $28,598) 32,987 29,351
Total liabilities 1,035,471 1,011,017
STOCKHOLDERS' EQUITY    
Common stock, $1 par value, authorized 30,000,000 shares; issued and outstanding, 21,222,535 shares in 2016 and 20,780,439 shares in 2015 21,223 20,781
Additional paid-in capital 119,054 108,747
Accumulated other comprehensive income 46,081 58,433
Retained earnings 366,984 336,977
Total stockholders' equity 553,342 524,938
Total liabilities and stockholders' equity $ 1,588,813 $ 1,535,955