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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 943,969 $ 817,398
Restricted cash 481,922 454,517
Short-term investments 14,428 18,332
Premiums, commissions and fees receivable 1,205,655 1,099,248
Reinsurance recoverable 220,430 43,469
Prepaid reinsurance premiums 411,252 377,615
Other current assets 120,621 147,670
Total current assets 3,398,277 2,958,249
Fixed assets, net 208,343 201,115
Operating lease assets 187,828 186,998
Goodwill 4,565,156 4,395,918
Amortizable intangible assets, net 1,045,280 1,049,660
Investments 31,349 24,971
Other assets 192,933 149,581
Total assets 9,629,166 8,966,492
Current Liabilities:    
Premiums payable to insurance companies 1,214,835 1,198,529
Losses and loss adjustment reserve 220,430 43,469
Unearned premiums 411,252 377,615
Premium deposits and credits due customers 140,109 102,505
Accounts payable 226,143 190,497
Accrued expenses and other liabilities 386,372 371,737
Current portion of long-term debt 290,000 70,000
Total current liabilities 2,889,141 2,354,352
Long-term debt less unamortized discount and debt issuance costs 1,755,487 2,025,906
Operating lease liabilities 171,571 172,935
Deferred income taxes, net 374,595 344,222
Other liabilities 330,753 314,854
Shareholders’ Equity:    
Common stock, par value $0.10 per share; authorized 560,000 shares; issued 300,929 shares and outstanding 282,432 shares at 2021, issued 299,689 shares and outstanding 283,004 shares at 2020 30,093 29,969
Additional paid-in capital 830,066 794,909
Treasury stock, at cost at 18,497 shares at 2021, 16,685 shares at 2020, respectively (673,902) (591,338)
Accumulated other comprehensive loss (6,550)  
Retained earnings 3,927,912 3,520,683
Total shareholders’ equity 4,107,619 3,754,223
Total liabilities and shareholders’ equity $ 9,629,166 $ 8,966,492