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Condensed Consolidated Balance Sheets (Unaudited) Statement - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
ASSETS    
Fixed-maturities available for sale—at fair value (amortized cost $4,003,367 and $4,098,962) $ 4,113,650 $ 4,021,575
Trading securities—at fair value (amortized cost of $319,021 and $468,696) 337,017 469,071
Equity securities—at fair value (cost of $148,635 and $139,377) 149,954 130,565
Short-term investments—at fair value (includes $20,862 and $11,699 of reinvested cash collateral held under securities lending agreements) 909,880 528,403
Other invested assets—at fair value 2,818 3,415
Total investments 5,513,319 5,153,029
Cash 74,111 95,393
Restricted cash 5,007 11,609
Accounts and notes receivable 122,104 78,652
Deferred income taxes, net (Note 9) 6,872 131,643
Goodwill and other acquired intangible assets, net (Note 6) 54,672 58,998
Prepaid reinsurance premium 385,805 417,628
Other assets (Note 8) 430,236 367,700
Total assets 6,592,126 6,314,652
Liabilities and Stockholders’ Equity    
Unearned premiums 666,354 739,357
Reserve for losses and loss adjustment expense (Note 10) 405,278 401,361
Senior notes (Note 11) 982,890 1,030,348
FHLB advances (Note 11) 106,382 82,532
Reinsurance funds withheld 339,641 321,212
Other liabilities 308,337 251,127
Total liabilities 2,808,882 2,825,937
Commitments and contingencies (Note 12)
Stockholders’ equity    
Common stock: par value $0.001 per share; 485,000 shares authorized at June 30, 2019 and December 31, 2018; 223,312 and 231,132 shares issued at June 30, 2019 and December 31, 2018, respectively; 205,399 and 213,473 shares outstanding at June 30, 2019 and December 31, 2018, respectively 223 231
Treasury stock, at cost: 17,913 and 17,660 shares at June 30, 2019 and December 31, 2018, respectively (901,419) (894,870)
Additional paid-in capital 2,539,803 2,724,733
Retained earnings 2,056,175 1,719,541
Accumulated other comprehensive income (loss) (Note 14) 88,462 (60,920)
Total stockholders’ equity 3,783,244 3,488,715
Total liabilities and stockholders’ equity $ 6,592,126 $ 6,314,652