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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2019
Jan. 01, 2019
Dec. 31, 2018
Mar. 31, 2018
Dec. 31, 2017
Current Assets:          
Cash and cash equivalents $ 322,477   $ 438,961 $ 558,248 $ 573,383
Restricted cash and investments 302,410   338,635    
Short-term investments 10,518   12,868    
Premiums, commissions and fees receivable 847,132   844,815    
Reinsurance recoverable 51,356   65,396    
Prepaid reinsurance premiums 314,363   337,920    
Other current assets 146,492 $ 125,712 128,716    
Total current assets 1,994,748   2,167,311    
Fixed assets, net 117,364   100,395    
Operating Lease, Right-of-Use Asset 174,580 178,304 0    
Goodwill 3,513,218   3,432,786    
Amortizable intangible assets, net 907,638   898,807    
Investments 17,528   17,394    
Other assets 81,213   71,975    
Total assets 6,806,289 6,863,968 6,688,668 5,615,083  
Current Liabilities:          
Premiums payable to insurance companies 801,475   857,559    
Losses and loss adjustment reserve 51,356   65,212    
Unearned premiums 314,363   337,920    
Premium deposits and credits due customers 94,426   105,640    
Accounts payable 136,467   87,345    
Accrued expenses and other liabilities 193,986 293,146 279,310    
Current portion of long-term debt 55,000   50,000    
Total current liabilities 1,647,073   1,782,986    
Long-term debt less unamortized discount and debt issuance costs 1,439,998   1,456,990    
Operating Lease, Liability 159,823 $ 161,464 0    
Deferred income taxes, net 300,857   315,732    
Other liabilities 160,107   132,392    
Shareholders’ Equity:          
Common stock, par value $0.10 per share; authorized 560,000 shares; issued 286,961 shares and outstanding 276,074 shares at 2018, issued 286,929 shares and outstanding 276,210 shares at 2017 - in thousands. 2017 share amounts restated for the 2-for-1 stock split effective March 28, 2018 29,584   29,338    
Additional paid-in capital 621,249   615,180    
Treasury stock, at cost at 10,887 shares at 2018 and 10,719 shares at 2017, respectively - in thousands. (477,572)   (477,572)    
Retained earnings 2,925,170   2,833,622    
Total shareholders’ equity 3,098,431   3,000,568 $ 2,770,593 $ 2,582,699
Total liabilities and shareholders’ equity $ 6,806,289   $ 6,688,668