SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) - 10K

12 Months Ended

Dec. 31, 2014

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of summarized financial information of Maui Jim

(in millions)	2014		2013
Total assets	$	219.8	$	193.5
Total liabilities		107.6		92.7
Total equity		112.2		100.8

Schedule of reconciliation of numerator and denominator of the basic and diluted earnings per share computations

			Weighted Average
	Income		Shares	Per Share
(in thousands, except per share data)	(Numerator)		(Denominator)	Amount
For the year ended December 31, 2014
Basic EPS
Income available to common shareholders	$	135,445	43,020	$	3.15
Stock options		—	799
Diluted EPS
Income available to common shareholders and assumed conversions	$	135,445	43,819	$	3.09
For the year ended December 31, 2013
Basic EPS
Income available to common shareholders	$	126,255	42,744	$	2.95
Stock options		—	770
Diluted EPS
Income available to common shareholders and assumed conversions	$	126,255	43,514	$	2.90
For the year ended December 31, 2012
Basic EPS
Income available to common shareholders	$	103,346	42,431	$	2.44
Stock options		—	729
Diluted EPS
Income available to common shareholders and assumed conversions	$	103,346	43,160	$	2.39

Schedule of changes in the balance of each component of accumulated other comprehensive earnings

Unrealized Gains/Losses on Available-for-Sale Securities	For the Year Ended December 31,
(in thousands)	2014		2013		2012
Beginning balance	$	136,027	$	143,170	$	117,325
Other comprehensive earnings before reclassifications		57,081		7,723		44,079
Amounts reclassified from accumulated other comprehensive earnings		(21,725)		(14,866)		(18,234)
Net current-period other comprehensive earnings (loss)	$	35,356	$	(7,143)	$	25,845
Ending balance	$	171,383	$	136,027	$	143,170

Schedule of effects of reclassifications out of accumulated other comprehensive earnings

Amount Reclassified from Accumulated Other Comprehensive Earnings
(in thousands)
Component of Accumulated	For the Year Ended December 31,						Affected line item in the
Other Comprehensive Earnings	2014		2013		2012		Statement of Earnings
Unrealized gains and losses on available-for-sale securities	$	33,423	$	22,871	$	29,209	Netrealized investment gains
		—		—		(1,156)	Other-than-temporary impairment (OTTI) losses on investments
		33,423		22,871		28,053	Earnings before income taxes
		(11,698)		(8,005)		(9,819)	Income tax expense
	$	21,725	$	14,866	$	18,234	Net earnings