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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Fixed income    
Available-for-sale, at fair value $ 1,379,012 $ 1,378,582
Held-to-maturity, at amortized cost 651 11,728
Trading, at fair value   7
Equity securities, at fair value 392,156 375,788
Short-term investments, at cost 22,994 30,462
Cash 87,398 44,314
Total investments and cash 1,882,211 1,840,881
Bond issuance - proceeds receivable 148,596  
Accrued investment income 12,781 14,403
Premiums and reinsurance balances receivable 157,213 139,355
Ceded unearned premium 69,842 73,192
Reinsurance balances recoverable on unpaid losses 360,194 359,884
Deferred policy acquisition costs 63,215 52,344
Property and equipment 36,007 27,987
Investment in unconsolidated investee 62,506 52,128
Goodwill and intangibles 75,140 76,113
Other assets 18,932 8,345
TOTAL ASSETS 2,886,637 2,644,632
Liabilities:    
Unpaid losses and settlement expenses 1,135,698 1,158,483
Unearned premiums 416,886 369,346
Reinsurance balances payable 44,530 43,959
Funds held 64,047 56,633
Income taxes-deferred 54,337 55,566
Debt, notes payable due 2014 100,000 100,000
Debt, notes payable due 2023 150,000  
Accrued expenses 49,108 49,933
Other liabilities 17,453 14,349
TOTAL LIABILITIES 2,032,059 1,848,269
Shareholders' Equity    
Common stock ($1 par value, 100,000,000 shares authorized) (32,911,923 shares issued, 21,446,816 shares outstanding at 9/30/13) (32,727,731 shares issued, 21,262,624 shares outstanding at 12/31/12) 32,912 32,728
Paid-in capital 240,125 235,262
Accumulated other comprehensive earnings 125,296 143,170
Retained earnings 849,244 778,202
Deferred compensation 10,482 11,106
Less: Treasury shares at cost (11,465,107 shares at 9/30/13 and 12/31/12) (403,481) (404,105)
TOTAL SHAREHOLDERS' EQUITY 854,578 796,363
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 2,886,637 $ 2,644,632