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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 448,818 $ 470,048
Restricted cash and investments 217,646 259,769
Short-term investments 10,545 11,157
Premiums, commissions and fees receivable 424,416 424,547
Reinsurance recoverable 37,205 13,028
Prepaid reinsurance premiums 329,777 320,586
Deferred income taxes 17,152 25,431
Other current assets 58,290 45,542
Total current assets 1,543,849 1,570,108
Fixed assets, net 81,338 84,668
Goodwill 2,559,005 2,460,611
Amortizable intangible assets, net 758,096 784,642
Investments 22,943 19,862
Other assets 36,961 36,567
Total assets 5,002,192 4,956,458
Current Liabilities:    
Premiums payable to insurance companies 531,004 568,184
Losses and loss adjustment reserve 37,205 13,028
Unearned premiums 329,777 320,586
Premium deposits and credits due customers 96,030 83,313
Accounts payable 56,877 57,261
Accrued expenses and other liabilities 172,404 181,156
Current portion of long-term debt 41,250 45,625
Total current liabilities 1,264,547 1,269,153
Long-term debt 1,118,589 1,152,846
Deferred income taxes, net 347,615 341,497
Other liabilities 85,706 79,217
Shareholders’ Equity:    
Common stock, par value $0.10 per share; authorized 280,000 shares; issued 146,414 shares and outstanding 140,970 shares at 2015, issued 145,871 shares and outstanding 143,486 shares at 2014 14,641 14,587
Additional paid-in capital 439,335 405,982
Treasury stock, at cost 5,444 and 2,385 shares at 2015 and 2014, respectively (175,025) (75,025)
Retained earnings 1,906,744 1,768,201
Accumulated other comprehensive income, net of tax effect of $40 at 2015, of $0 at 2014 40 0
Total shareholders’ equity 2,185,735 2,113,745
Total liabilities and shareholders’ equity $ 5,002,192 $ 4,956,458