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Condensed Consolidated Balance Sheets (Unaudited) Statement - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Fixed-maturities available for sale—at fair value (amortized cost $4,369,273 and $4,098,962) $ 4,527,223 $ 4,021,575
Trading securities—at fair value (amortized cost of $307,891 and $468,696) 329,935 469,071
Equity securities—at fair value (cost of $119,408 and $139,377) 121,759 130,565
Short-term investments—at fair value (includes $34,767 and $11,699 of reinvested cash collateral held under securities lending agreements) 552,095 528,403
Other invested assets—at fair value 2,712 3,415
Total investments 5,533,724 5,153,029
Cash 49,393 95,393
Restricted cash 2,853 11,609
Accounts and notes receivable 144,113 78,652
Deferred income taxes, net (Note 9) 0 131,643
Goodwill and other acquired intangible assets, net (Note 6) 52,533 58,998
Prepaid reinsurance premium 374,339 417,628
Other assets (Note 8) 513,647 367,700
Total assets 6,670,602 6,314,652
Liabilities and Stockholders’ Equity    
Unearned premiums 647,856 739,357
Reserve for losses and loss adjustment expense (Note 10) 398,141 401,361
Senior notes (Note 11) 886,643 1,030,348
FHLB advances (Note 11) 104,492 82,532
Reinsurance funds withheld 352,532 321,212
Other liabilities 358,431 251,127
Total liabilities 2,748,095 2,825,937
Commitments and contingencies (Note 12)
Stockholders’ equity    
Common stock: par value $0.001 per share; 485,000 shares authorized at September 30, 2019 and December 31, 2018; 220,174 and 231,132 shares issued at September 30, 2019 and December 31, 2018, respectively; 202,219 and 213,473 shares outstanding at September 30, 2019 and December 31, 2018, respectively 220 231
Treasury stock, at cost: 17,955 and 17,660 shares at September 30, 2019 and December 31, 2018, respectively (901,556) (894,870)
Additional paid-in capital 2,469,097 2,724,733
Retained earnings 2,229,107 1,719,541
Accumulated other comprehensive income (loss) (Note 14) 125,639 (60,920)
Total stockholders’ equity 3,922,507 3,488,715
Total liabilities and stockholders’ equity $ 6,670,602 $ 6,314,652