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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Fixed income    
Available-for-sale, at fair value $ 1,399,510 $ 1,378,582
Held-to-maturity, at amortized cost 651 11,728
Trading, at fair value   7
Equity securities, at fair value 416,814 375,788
Short-term investments, at cost 10,816 30,462
Cash 12,757 44,314
Total investments and cash 1,840,548 1,840,881
Accrued investment income 14,849 14,403
Premiums and reinsurance balances receivable 159,297 139,355
Ceded unearned premium 79,493 73,192
Reinsurance balances recoverable on unpaid losses 339,132 359,884
Deferred policy acquisition costs 62,007 52,344
Property and equipment 34,491 27,987
Investment in unconsolidated investee 60,004 52,128
Goodwill and intangibles 75,463 76,113
Other assets 10,391 8,345
TOTAL ASSETS 2,675,675 2,644,632
Liabilities:    
Unpaid losses and settlement expenses 1,111,491 1,158,483
Unearned premiums 429,858 369,346
Reinsurance balances payable 41,232 43,959
Funds held 57,759 56,633
Income taxes-deferred 51,586 55,566
Debt, notes payable 100,000 100,000
Accrued expenses 34,895 49,933
Other liabilities 24,217 14,349
TOTAL LIABILITIES 1,851,038 1,848,269
Shareholders' Equity    
Common stock ($1 par value, 100,000,000 shares authorized) (32,805,918 shares issued, 21,340,811 shares outstanding at 6/30/13) (32,727,731 shares issued, 21,262,624 shares outstanding at 12/31/12) 32,806 32,728
Paid-in capital 238,699 235,262
Accumulated other comprehensive earnings 127,242 143,170
Retained earnings 818,889 778,202
Deferred compensation 10,330 11,106
Less: Treasury shares at cost (11,465,107 shares at 6/30/13 and 12/31/12) (403,329) (404,105)
TOTAL SHAREHOLDERS' EQUITY 824,637 796,363
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 2,675,675 $ 2,644,632