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Condensed Consolidated Balance Sheets (Unaudited) Statement - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
ASSETS    
Fixed-maturities available for sale—at fair value (amortized cost $3,875,919 and $4,098,962) $ 3,897,584 $ 4,021,575
Trading Securities—at fair value 383,992 469,071
Equity securities—at fair value (cost of $125,153 and $139,377) 125,025 130,565
Short-term investments—at fair value (includes $6,233 and $11,699 of reinvested cash collateral held under securities lending agreements) 1,066,110 528,403
Other invested assets—at fair value 3,059 3,415
Total investments 5,475,770 5,153,029
Cash 118,668 95,393
Restricted cash 9,086 11,609
Accounts and notes receivable 89,237 78,652
Deferred income taxes, net (Note 9) 67,697 131,643
Goodwill and other acquired intangible assets, net (Note 6) 56,811 58,998
Prepaid reinsurance premium 408,622 417,628
Other assets (Note 8) 373,678 367,700
Total assets 6,599,569 6,314,652
Liabilities and Stockholders’ Equity    
Unearned premiums 720,159 739,357
Reserve for losses and loss adjustment expense (Note 10) 388,784 401,361
Senior notes (Note 11) 1,031,197 1,030,348
Reinsurance funds withheld 329,868 321,212
Other liabilities (Note 12) 419,470 333,659
Total liabilities 2,889,478 2,825,937
Commitments and contingencies (Note 13)
Stockholders’ equity    
Common stock: par value $0.001 per share; 485,000 shares authorized at March 31, 2019 and December 31, 2018; 229,817 and 231,132 shares issued at March 31, 2019 and December 31, 2018, respectively; 212,136 and 213,473 shares outstanding at March 31, 2019 and December 31, 2018, respectively 230 231
Treasury stock, at cost: 17,681 and 17,660 shares at March 31, 2019 and December 31, 2018, respectively (895,321) (894,870)
Additional paid-in capital 2,697,724 2,724,733
Retained earnings 1,889,964 1,719,541
Accumulated other comprehensive income (loss) (Note 15) 17,494 (60,920)
Total stockholders’ equity 3,710,091 3,488,715
Total liabilities and stockholders’ equity $ 6,599,569 $ 6,314,652