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Revisions To Financial Statements (Tables)

3 Months Ended

Mar. 31, 2020

Revisions To Financial Statements [Abstract]

Schedule of Prior Period Financial Statements

CONSOLIDATED STATEMENTS OF OPERATIONS		Three Months Ended March 31, 2019
AND COMPREHENSIVE INCOME (LOSS):		As Previously			Impact of
		Reported			Revisions			As Revised
(Dollars in thousands)
Revenues:
Other income (expense)		$	(9,053)		$	5,753		$	(3,300)
Total revenues		$	1,960,083		$	5,753		$	1,965,836
INCOME (LOSS) BEFORE TAXES		$	408,791		$	5,753		$	414,544
Income tax expense (benefit)			59,891			102			59,993
NET INCOME (LOSS)		$	348,900		$	5,651		$	354,551
COMPREHENSIVE INCOME (LOSS)		$	595,346		$	5,651		$	600,997
EARNINGS PER COMMON SHARE:
Basic		$	8.57		$	0.13		$	8.70
Diluted		$	8.54		$	0.13		$	8.67

CONSOLIDATED STATEMENTS OF		Three Months Ended March 31, 2019
CHANGES IN STOCKHOLDER'S EQUITY		As Previously			Impact of
		Reported			Revisions			As Revised
(Dollars in thousands)
RETAINED EARNINGS:
Balance, January 1		$	9,574,440		$	(43,007)		$	9,531,433
Net income (loss)			348,900			5,651			354,551
Balance, March 31			9,866,203			(37,356)			9,828,847

CONSOLIDATED STATEMENTS OF CASH FLOWS		Three Months Ended March 31, 2019
		As Previously			Impact of
		Reported			Revisions			As Revised
(Dollars in thousands)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)		$	348,900		$	5,651		$	354,551
Decrease (increase) in premiums receivable			(163,108)			(5,269)			(168,377)
Decrease (increase) in funds held by reinsureds, net			9,837			(484)			9,353
Decrease (increase) in income taxes			91,754			102			91,856

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- References

No definition available.

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- Definition

Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22663-107794

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22644-107794

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22658-107794

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