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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Fixed income:    
Available-for-sale, at fair value (amortized cost - $1,431,049 in 2013 and $1,294,350 in 2012) $ 1,440,052 $ 1,378,582
Held-to-maturity, at amortized cost (fair value - $687 in 2013 and $11,868 in 2012) 651 11,728
Trading, at fair value (amortized cost - $0 in 2013 and $6 in 2012)   7
Equity securities available-for-sale, at fair value (cost - $218,848 in 2013 and $240,287 in 2012) 418,654 375,788
Short-term investments, at cost which approximates fair value 23,232 30,462
Cash 39,469 44,314
Total investments and cash 1,922,058 1,840,881
Accrued investment income 15,710 14,403
Premiums and reinsurance balances receivable, net of allowances for uncollectible amounts of $13,328 in 2013 and $13,470 in 2012 152,509 139,355
Ceded unearned premiums 60,407 73,192
Reinsurance balances recoverable on unpaid losses and settlement expenses, net of allowances for uncollectible amounts of $14,239 in 2013 and $14,834 in 2012 354,924 359,884
Deferred policy acquisition costs, net 61,508 52,344
Property and equipment, at cost, net of accumulated depreciation of $41,491 in 2013 and $45,603 in 2012 40,261 27,987
Investment in unconsolidated investee 49,793 52,128
Goodwill and intangibles 74,876 76,113
Other assets 8,264 8,345
Total assets 2,740,310 2,644,632
Liabilities:    
Unpaid losses and settlement expenses 1,129,433 1,158,483
Unearned premiums 392,081 369,346
Reinsurance balances payable 47,334 43,959
Funds held 61,656 56,633
Income taxes - deferred 57,801 55,566
Accrued expenses 59,596 49,933
Other liabilities 13,861 14,349
Total liabilities 1,911,344 1,848,269
Shareholders' equity:    
Common stock ($1 par value, authorized 100,000,000 shares, issued 65,912,638 shares in 2013 and 65,455,462 shares in 2012, and outstanding 42,982,424 shares in 2013 and 42,525,248 shares in 2012) 65,913 65,455
Paid in capital 208,705 202,535
Accumulated other comprehensive earnings, net of tax 136,027 143,170
Retained earnings 811,320 778,202
Deferred compensation 11,562 11,106
Treasury stock, at cost (22,930,214 shares in 2013 and 2012) (404,561) (404,105)
Total shareholders' equity 828,966 796,363
Total liabilities and shareholders' equity 2,740,310 2,644,632
Debt, notes payable due 2023
   
Liabilities:    
Notes payable 149,582  
Debt, notes payable due 2014
   
Liabilities:    
Notes payable   $ 100,000