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STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 183,702 $ 161,240
Available-for-sale securities 38,396 17,697
Equity securities 0 19
Receivables from Erie Insurance Exchange and affiliates, net 479,123 494,637
Prepaid expenses and other current assets 56,206 52,561
Accrued investment income 6,303 6,146
Total current assets 763,730 732,300
Available-for-sale securities, net 907,689 910,539
Equity securities 87,743 94,071
Fixed assets, net 374,802 265,341
Agent loans, net 58,683 62,449
Deferred income taxes, net 145 12,341
Other assets 49,265 40,081
Total assets 2,242,057 2,117,122
Current liabilities:    
Commissions payable 270,746 262,338
Agent bonuses 120,437 110,158
Accounts payable and accrued liabilities 138,317 150,706
Dividends payable 51,693 48,200
Contract liability 34,935 36,917
Deferred executive compensation 12,637 17,319
Current portion of long-term borrowings 2,098 2,031
Total current liabilities 630,863 627,669
Defined benefit pension plans 130,383 164,346
Long-term borrowings 91,734 93,833
Contract liability 17,686 18,878
Deferred executive compensation 14,571 14,904
Other long-term liabilities 14,342 9,444
Total liabilities 899,579 929,074
Shareholders' equity    
Additional paid-in-capital 16,496 16,487
Accumulated other comprehensive loss (25,288) (78,143)
Retained earnings 2,495,190 2,393,624
Total contributed capital and retained earnings 2,488,568 2,334,138
Treasury stock, at cost; 22,110,132 shares held (1,167,828) (1,163,670)
Deferred compensation 21,738 17,580
Total shareholders' equity 1,342,478 1,188,048
Total liabilities and shareholders' equity 2,242,057 2,117,122
Class A common stock    
Shareholders' equity    
Common stock 1,992 1,992
Class B common stock    
Shareholders' equity    
Common stock $ 178 $ 178