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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Investments    
Fixed maturity securities, available for sale, at fair value (amortized cost 2017, $7,173,235; 2016, $7,152,127) $ 7,510,750 $ 7,456,708
Equity securities, available for sale, at fair value (cost 2017, $143,203; 2016, $134,013) 156,975 141,649
Short-term and other investments 456,560 401,015
Total investments 8,124,285 7,999,372
Cash 6,593 16,670
Deferred policy acquisition costs 265,612 267,580
Goodwill 47,396 47,396
Other assets 324,155 321,874
Separate Account (variable annuity) assets 2,011,464 1,923,932
Total assets 10,779,505 10,576,824
Policy liabilities    
Investment contract and life policy reserves 5,502,992 5,447,969
Unpaid claims and claim expenses 340,033 329,888
Unearned premiums 240,816 246,274
Total policy liabilities 6,083,841 6,024,131
Other policyholder funds 711,395 708,950
Other liabilities 403,714 378,620
Long-term debt 247,273 247,209
Separate Account (variable annuity) liabilities 2,011,464 1,923,932
Total liabilities 9,457,687 9,282,842
Preferred stock, $0.001 par value, authorized 1,000,000 shares; none issued 0 0
Common stock, $0.001 par value, authorized 75,000,000 shares; issued, 2017, 65,215,048; 2016, 64,917,683 65 65
Additional paid-in capital 454,982 453,479
Retained earnings 1,159,532 1,155,732
Accumulated other comprehensive income (loss), net of taxes:    
Net unrealized investment gains on fixed maturity and equity securities [1],[2] 198,271 175,738
Net funded status of benefit plans [1] (11,817) (11,817)
Treasury stock, at cost, 2017, 24,672,932 shares; 2016, 24,672,932 shares (479,215) (479,215)
Total shareholders’ equity 1,321,818 1,293,982
Total liabilities and shareholders’ equity $ 10,779,505 $ 10,576,824
[1] All amounts are net of tax.
[2] The pretax amounts reclassified from accumulated other comprehensive income (loss), $(313) and $740, are included in net realized investment gains and losses and the related income tax expenses, $(110) and $259, are included in income tax expense in the Consolidated Statements of Operations for the three months ended March 31, 2017 and 2016, respectively.