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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents (includes restricted cash of $25,164 and $23,559, respectively) $ 260,379 $ 298,397
Available-for-sale securities 52,976 44,604
Receivables from Erie Insurance Exchange and affiliates, net 719,898 707,060
Prepaid expenses and other current assets, net 78,387 83,902
Accrued investment income 10,849 11,069
Total current assets 1,122,489 1,145,032
Available-for-sale securities, net 1,047,540 991,726
Equity securities 81,814 85,891
Available-for-sale and equity securities lent 12,289 7,285
Fixed assets, net 513,088 513,494
Agent loans, net 85,723 80,597
Defined benefit pension plan 57,480 21,311
Other assets, net 47,805 43,278
Total assets 2,968,228 2,888,614
Current liabilities:    
Commissions payable 429,380 408,309
Agent incentive compensation 42,190 75,458
Accounts payable and accrued liabilities 210,708 190,028
Dividends payable 63,569 63,569
Contract liability 44,102 42,761
Deferred executive compensation 9,636 14,874
Securities lending payable 12,706 7,513
Total current liabilities 812,291 802,512
Defined benefit pension plan 26,197 28,070
Contract liability 21,703 21,170
Deferred executive compensation 22,944 19,721
Deferred income taxes, net 3,704 6,418
Other long-term liabilities 14,038 23,465
Total liabilities 900,877 901,356
Shareholders’ equity    
Additional paid-in-capital 16,494 16,466
Accumulated other comprehensive loss (42,374) (47,591)
Retained earnings 3,237,151 3,162,303
Total contributed capital and retained earnings 3,213,441 3,133,348
Treasury stock, at cost; 22,110,132 shares held (1,169,536) (1,169,074)
Deferred compensation 23,446 22,984
Total shareholders’ equity 2,067,351 1,987,258
Total liabilities and shareholders’ equity 2,968,228 2,888,614
Class A common stock    
Shareholders’ equity    
Common stock 1,992 1,992
Class B common stock    
Shareholders’ equity    
Common stock $ 178 $ 178