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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2019
Mar. 31, 2019
Jan. 01, 2019
Dec. 31, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Current Assets:              
Cash and cash equivalents $ 432,548     $ 438,961 $ 477,928   $ 573,383
Restricted cash and investments 382,233     338,635      
Short-term investments 10,542     12,868      
Premiums, commissions and fees receivable 913,910     844,815      
Reinsurance recoverable 77,335     65,396      
Prepaid reinsurance premiums 343,594     337,920      
Other current assets 131,386   $ 125,712 128,716      
Total current assets 2,291,548     2,167,311      
Fixed assets, net 122,511     100,395      
Operating Lease, Right-of-Use Asset 184,027   178,304 0      
Goodwill 3,551,661     3,432,786      
Amortizable intangible assets, net 899,583     898,807      
Investments 24,896     17,394      
Other assets 90,541     71,975      
Total assets 7,164,767 $ 7,164,767 6,863,968 6,688,668 5,701,557    
Current Liabilities:              
Premiums payable to insurance companies 979,417     857,559      
Losses and loss adjustment reserve 77,335     65,212      
Unearned premiums 343,594     337,920      
Premium deposits and credits due customers 93,827     105,640      
Accounts payable 98,869     87,345      
Accrued expenses and other liabilities 259,068   293,146 279,310      
Current portion of long-term debt 55,000     50,000      
Total current liabilities 1,907,110     1,782,986      
Long-term debt less unamortized discount and debt issuance costs 1,426,777     1,456,990      
Operating Lease, Liability 169,555   $ 161,464 0      
Deferred income taxes, net 310,510     315,732      
Other liabilities 170,184     132,392      
Shareholders’ Equity:              
Common stock, par value $0.10 per share; authorized 560,000 shares; issued 295,819 shares and outstanding 281,456 shares at 2019, issued 293,380 shares and outstanding 279,583 shares at 2018 - in thousands. 29,582     29,338      
Additional paid-in capital 653,415     615,180      
Treasury stock, at cost at 14,363 shares at 2019 and 13,797 shares at 2018 - in thousands (497,572)     (477,572)      
Retained earnings 2,995,206     2,833,622      
Total shareholders’ equity 3,180,631 $ 3,098,431   3,000,568 $ 2,831,482 $ 2,770,593 $ 2,582,699
Total liabilities and shareholders’ equity $ 7,164,767     $ 6,688,668