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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Fixed income:    
Available-for-sale, at fair value $ 1,545,530 $ 1,440,052
Held-to-maturity, at amortized cost 650 651
Equity securities, at fair value 419,022 418,654
Short-term investments, at cost 10,063 23,232
Other Investments 11,688  
Cash 77,037 39,469
Total investments and cash 2,063,990 1,922,058
Accrued investment income 13,595 15,710
Premiums and reinsurance balances receivable 175,293 152,509
Ceded unearned premium 62,646 60,407
Reinsurance balances recoverable on unpaid losses 353,228 354,924
Deferred policy acquisition costs 68,372 61,508
Property and equipment 42,400 40,261
Investment in unconsolidated investee 67,250 49,793
Goodwill and intangibles 74,172 74,876
Other assets 12,537 8,264
TOTAL ASSETS 2,933,483 2,740,310
Liabilities:    
Unpaid losses and settlement expenses 1,152,413 1,129,433
Unearned premiums 429,867 392,081
Reinsurance balances payable 37,683 47,334
Funds held 53,834 61,656
Income taxes - deferred 77,086 57,801
Bonds payable, long-term debt 149,615 149,582
Accrued expenses 52,392 59,596
Other liabilities 47,080 13,861
TOTAL LIABILITIES 1,999,970 1,911,344
Shareholders' Equity    
Common stock ($1 par value, 100,000,000 shares authorized) (65,957,258 shares issued, 43,027,044 shares outstanding at 9/30/14) (65,912,638 shares issued, 42,982,424 shares outstanding at 12/31/13) 65,957 65,913
Paid-in capital 212,733 208,705
Accumulated other comprehensive earnings 161,345 136,027
Retained earnings 886,477 811,320
Deferred compensation 11,687 11,562
Less: Treasury shares at cost (22,930,214 shares at 9/30/14 and 12/31/13) (404,686) (404,561)
TOTAL SHAREHOLDERS' EQUITY 933,513 828,966
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 2,933,483 $ 2,740,310