XML 41 R28.htm IDEA: XBRL DOCUMENT
v3.20.2

Revisions To Financial Statements (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2020
Revisions To Financial Statements [Abstract] |
Schedule of Prior Period Financial Statements |
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE |  |  | Three Months Ended June 30, 2019 |  |  | Six Months Ended June 30, 2019
INCOME (LOSS): |  |  | As Previously |  |  | Impact of |  |  |  |  |  | As Previously |  |  | Impact of |  |  |
|  |  | Reported |  |  | Revisions |  |  | As Revised |  |  | Reported |  |  | Revisions |  |  | As Revised
(Dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other income (expense) |  | $ | (7,977) |  | $ | (10,248) |  | $ | (18,225) |  | $ | (17,030) |  | $ | (4,495) |  | $ | (21,525)
Total revenues |  | $ | 2,018,975 |  | $ | (10,248) |  | $ | 2,008,727 |  | $ | 3,979,058 |  | $ | (4,495) |  | $ | 3,974,563
INCOME (LOSS) BEFORE TAXES |  | $ | 382,593 |  | $ | (10,248) |  | $ | 372,345 |  | $ | 791,384 |  | $ | (4,495) |  | $ | 786,889
Income tax expense (benefit) |  |  | 39,738 |  |  | (261) |  |  | 39,477 |  |  | 99,629 |  |  | (159) |  |  | 99,470
NET INCOME (LOSS) |  | $ | 342,855 |  | $ | (9,987) |  | $ | 332,868 |  | $ | 691,755 |  | $ | (4,336) |  | $ | 687,419
COMPREHENSIVE INCOME (LOSS) |  | $ | 514,064 |  | $ | (9,987) |  | $ | 504,077 |  | $ | 1,109,410 |  | $ | (4,336) |  | $ | 1,105,074
EARNINGS PER COMMON SHARE: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 8.42 |  | $ | (0.25) |  | $ | 8.17 |  | $ | 16.98 |  | $ | (0.10) |  | $ | 16.88
Diluted |  | $ | 8.39 |  | $ | (0.24) |  | $ | 8.15 |  | $ | 16.93 |  | $ | (0.11) |  | $ | 16.82
CONSOLIDATED STATEMENTS OF |  | Six Months Ended June 30, 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
Net income (loss) |  |  | 342,855 |  |  | (9,987) |  |  | 332,868
Balance, June 30, |  |  | 10,152,059 |  |  | (47,343) |  |  | 10,104,716
TOTAL STOCKHOLDER'S EQUITY, June 30 |  | $ | 8,884,160 |  | $ | (47,343) |  | $ | 8,836,817
CONSOLIDATED STATEMENTS OF CASH FLOWS |  | Six Months Ended June 30, 2019
|  | As Previously |  | Impact of |  |  |
|  | Reported |  | Revisions |  | As Revised
(Dollars in thousands) |  |  |  |  |  |  |  |  |
CASH FLOWS FROM OPERATING ACTIVITIES: |  |  |  |  |  |  |  |  |
Net income (loss) |  | $ | 691,755 |  | $ | (4,336) |  | $ | 687,419
Decrease (increase) in premiums receivable |  |  | (178,319) |  |  | 3,736 |  |  | (174,583)
Decrease (increase) in funds held by reinsureds, net |  |  | (56,180) |  |  | 759 |  |  | (55,421)
Decrease (increase) in income taxes |  |  | 180,285 |  |  | (159) |  |  | 180,126

X
- References No definition available. + Details
Name: | us-gaap_AccountingChangesAndErrorCorrectionsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 + Details
Name: | us-gaap_ScheduleOfErrorCorrectionsAndPriorPeriodAdjustmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration