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STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 266,417 $ 215,721
Available-for-sale securities 402,339  
Available-for-sale securities   71,190
Receivables from Erie Insurance Exchange and affiliates 449,873 418,328
Prepaid expenses and other current assets 36,892 34,890
Federal income taxes recoverable 8,162 29,900
Note receivable from Erie Family Life Insurance Company 0 25,000
Accrued investment income 5,263 6,853
Total current assets 1,168,946 801,882
Available-for-sale securities 346,184  
Available-for-sale securities   687,523
Equity securities 11,853  
Limited partnership investments 34,821 45,122
Fixed assets, net 130,832 83,149
Deferred income taxes, net 24,101 19,390
Other assets 61,590 28,793
Total assets 1,778,327 1,665,859
Current liabilities:    
Commissions payable 241,573 228,124
Agent bonuses 103,462 122,528
Accounts payable and accrued liabilities 111,291 104,533
Dividends payable 41,910 39,116
Contract liability 33,854  
Deferred executive compensation 13,107 15,605
Current portion of long-term borrowings 1,870  
Total current liabilities 547,067 509,906
Defined benefit pension plans 116,866 207,530
Contract liability 17,873  
Deferred executive compensation 13,075 14,452
Long-term borrowings 97,860 74,728
Other long-term liabilities 11,914 1,899
Total liabilities 804,655 808,515
Shareholders' equity    
Additional paid-in-capital 16,459 16,470
Accumulated other comprehensive loss (130,284) (156,059)
Retained earnings 2,231,417 2,140,853
Total contributed capital and retained earnings 2,119,762 2,003,434
Treasury stock, at cost; 22,110,132 shares held (1,157,625) (1,155,668)
Deferred compensation 11,535 9,578
Total shareholders' equity 973,672 857,344
Total liabilities and shareholders' equity 1,778,327 1,665,859
Class A Common Stock    
Shareholders' equity    
Common stock 1,992 1,992
Class B Common Stock    
Shareholders' equity    
Common stock $ 178 $ 178