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Income Taxes (Details 2) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Composition of deferred tax assets and liabilities    
Excess of financial statement unearned premium over tax $ 26,217 $ 22,897
Discounting of loss reserves, net of salvage and subrogation 62,402 61,738
Excess of financial statement accrued expenses over tax 17,373 22,635
Allowance for bad debts, not deductible for tax 6,216 5,721
Stock-based compensation expense in excess of deduction for tax 9,712 12,339
Financial statement loss for syndicate in excess of deduction for tax 7,571 0
Federal tax net operating loss carryforwards 4,451 3,859
State tax operating loss carryforwards, net of federal tax benefit 2,179 2,205
Other items 424 211
Valuation allowance 7,607 7,767
Total deferred tax assets 128,938 123,838
Unrealized gain on increase in value of securities 120,854 48,656
Deferred policy acquisition costs, net of ceding commissions, deductible for tax 29,271 21,244
Amortizable goodwill for tax 84,110 72,252
Book Basis in net assets of foreign subsidiaries in excess of tax 10,903 8,295
Property and equipement depreciation and other items 11,856 11,322
Total deferred tax liabilities 256,994 161,769
Net deferred tax liability $ 128,056 $ 37,931