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Consolidated Condensed Balance Sheets (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Securities available for sale --  
Fixed maturities, at fair value (cost: 2011 - $408,533; 2010 - $644,661)$ 442,975$ 679,405
Short-term and other investments613,513373,023
Total investments1,056,4881,052,428
Cash and cash equivalents15,06012,874
Student loan receivables52,90660,312
Restricted cash11,34613,170
Investment income due and accrued7,1797,139
Reinsurance recoverable - ceded policy liabilities359,807363,243
Agent and other receivables25,23632,508
Deferred acquisition costs20,07632,689
Property and equipment, net of accumulated depreciation of $154,599 and $147,493 at September 30, 2011 and December 31, 2010, respectively39,33241,039
Goodwill40,38440,384
Other intangible assets40,35141,947
Recoverable federal income taxes03,443
Other assets13,95715,776
Assets held for sale2,1002,699
Total assets1,684,2221,719,651
Policy liabilities:  
Future policy and contract benefits476,545453,773
Claims96,638208,675
Unearned premiums29,95734,862
Other policy liabilities30,8537,687
Accounts payable and accrued expenses34,35738,131
Other liabilities49,41158,868
Current federal income taxes2,9940
Deferred federal income taxes70,55558,883
Debt553,420553,420
Student loan credit facility61,75068,650
Net liabilities of discontinued operations1,5171,574
Total liabilities1,407,9971,484,523
Commitments and Contingencies (Note 11)  
Stockholders' equity:  
Preferred stock, par value $0.01 per share - authorized 10,000,000 shares, none issued  
Common Stock, Class A-1, par value $0.01 per share - authorized 90,000,000 shares, 28,276,279 issued and 28,169,475 outstanding at September 30, 2011; 28,281,859 issued and 28,256,028 outstanding at December 31, 2010. Class A-2, par value $0.01 per share - authorized 20,000,000 shares, 4,026,104 issued and 2,882,616 outstanding at September 30, 2011; 4,026,104 issued and 2,762,100 outstanding at December 31, 2010323323
Additional paid-in capital50,20754,772
Accumulated other comprehensive income22,73121,981
Retained earnings216,402178,313
Treasury stock, at cost (106,804 Class A-1 common shares and 1,143,488 Class A-2 common shares at September 30, 2011; 25,831 Class A-1 common shares and 1,264,004 Class A-2 common shares at December 31, 2010)(13,438)(20,261)
Total stockholders' equity276,225235,128
Total liabilities and stockholders' equity$ 1,684,222$ 1,719,651