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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 850,230 $ 817,398
Restricted cash 500,790 454,517
Short-term investments 13,080 18,332
Premiums, commissions and fees receivable 1,259,483 1,099,248
Reinsurance recoverable 42,414 43,469
Prepaid reinsurance premiums 368,711 377,615
Other current assets 157,134 147,670
Total current assets 3,191,842 2,958,249
Fixed assets, net 209,279 201,115
Operating lease assets 179,502 186,998
Goodwill 4,513,970 4,395,918
Amortizable intangible assets, net 1,044,999 1,049,660
Investments 32,622 24,971
Other assets 185,681 149,581
Total assets 9,357,895 8,966,492
Current Liabilities:    
Premiums payable to insurance companies 1,394,374 1,198,529
Losses and loss adjustment reserve 42,414 43,469
Unearned premiums 368,711 377,615
Premium deposits and credits due customers 107,872 102,505
Accounts payable 222,186 190,497
Accrued expenses and other liabilities 365,365 371,737
Current portion of long-term debt 300,000 70,000
Total current liabilities 2,800,922 2,354,352
Long-term debt less unamortized discount and debt issuance costs 1,762,294 2,025,906
Operating lease liabilities 164,081 172,935
Deferred income taxes, net 371,054 344,222
Other liabilities 313,542 314,854
Shareholders’ Equity:    
Common stock, par value $0.10 per share; authorized 560,000 shares; issued 300,096 shares and outstanding 281,621 shares at 2021, issued 299,689 shares and outstanding 283,004 shares at 2020 30,010 29,969
Additional paid-in capital 784,620 794,909
Treasury stock, at cost at 18,475 shares at 2021, 16,685 shares at 2020, respectively (672,763) (591,338)
Accumulated other comprehensive loss (3,549)  
Retained earnings 3,807,684 3,520,683
Total shareholders’ equity 3,946,002 3,754,223
Total liabilities and shareholders’ equity $ 9,357,895 $ 8,966,492