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Stockholders' Equity and Comprehensive Income
 12 Months Ended
Dec. 31, 2012
Stockholders' Equity Note [Abstract]  
Stockholders' Equity and Other Comprehensive Income
Stockholders’ Equity and Comprehensive Income
(a)
Stockholders’ Equity
As of December 31, 2012, we had 11.5 million shares reserved for various stock compensation and purchase plans, retirement plans and dividend reinvestment plans. As a convenience to our employees and directors, we repurchase the Parent’s stock from time-to-time in conjunction with our stock-based compensation plans, although we have not had an authorized stock repurchase program since July 26, 2009. The following table provides information regarding the purchase of the Parent’s common stock during the 2010 through 2012 reporting periods:
 
($ in thousands)
 
 
 
 
 
Period
 
Shares Purchased in Connection with Restricted Stock Vestings and Stock Option Exercises
 
Cost of Shares Purchased in Connection with Restricted Stock Vestings and Stock Option
Exercises
2012
 
194,575

 
$
3,495

2011
 
149,997

 
2,741

2010
 
107,425

 
1,686


 
Our ability to declare and pay dividends on the Parent's common stock is dependent on liquidity at the Parent coupled with the ability of the Insurance Subsidiaries to declare and pay dividends, if necessary, and/or the availability of other sources of liquidity to the Parent. See Note 20. “Statutory Financial Information, Capital Requirements, and Restrictions on Dividends and Transfers of Funds” for information regarding these dividend restrictions.

(b) The components of comprehensive income, both gross and net of tax, for 2012, 2011, and 2010 were as follows:
2012
 
 
 
 
 
 
($ in thousands)
 
Gross
 
Tax
 
Net
Net income
 
$
37,635

 
(328
)
 
37,963

Components of OCI:
 
 

 
 

 
 

Unrealized gains on securities:
 
 

 
 

 
 

Unrealized holding gains during the period
 
47,594

 
16,657

 
30,937

Portion of OTTI recognized in OCI
 
2,834

 
992

 
1,842

Amortization of net unrealized gains on HTM securities
 
(1,303
)
 
(456
)
 
(847
)
Reclassification adjustment for gains included in net income
 
(10,541
)
 
(3,689
)
 
(6,852
)
Net unrealized gains
 
38,584

 
13,504

 
25,080

Defined benefit pension and post-retirement plans:
 
 

 
 

 
 

Net actuarial loss
 
(26,566
)
 
(9,298
)
 
(17,268
)
Reversal of amortization items:
 
 

 
 

 
 

Net actuarial loss
 
5,903

 
2,066

 
3,837

Prior service cost
 
150

 
53

 
97

Defined benefit pension and post-retirement plans
 
(20,513
)
 
(7,179
)
 
(13,334
)
Comprehensive income
 
$
55,706

 
5,997

 
49,709

 

2011
 
 
 
 
 
 
($ in thousands)
 
Gross
 
Tax
 
Net
Net income
 
$
10,400

 
(11,633
)
 
22,033

Components of OCI:
 
 

 
 

 
 

Unrealized gains on securities:
 
 

 
 

 
 

Unrealized holding gains during the period
 
70,140

 
24,548

 
45,592

Portion of OTTI recognized in OCI
 
1,682

 
589

 
1,093

Amortization of net unrealized gains on HTM securities
 
(3,097
)
 
(1,084
)
 
(2,013
)
Reclassification adjustment for gains included in net income
 
(1,987
)
 
(695
)
 
(1,292
)
Net unrealized gains
 
66,738

 
23,358

 
43,380

Defined benefit pension and post-retirement plans:
 
 

 
 

 
 

Net actuarial loss
 
(16,799
)
 
(5,880
)
 
(10,919
)
Reversal of amortization items:
 
 

 
 

 
 

Net actuarial loss
 
4,172

 
1,460

 
2,712

Prior service cost
 
150

 
53

 
97

Defined benefit pension and post-retirement plans
 
(12,477
)
 
(4,367
)
 
(8,110
)
Comprehensive income
 
$
64,661

 
7,358

 
57,303

2010
 
 
 
 
 
 
($ in thousands)
 
Gross
 
Tax
 
Net
Net income
 
$
78,334

 
11,368

 
66,966

Components of OCI:
 
 

 
 

 
 

Unrealized gains on securities:
 
 

 
 

 
 

Unrealized holding gains during the period
 
44,643

 
15,625

 
29,018

Portion of OTTI recognized in OCI
 
5,256

 
1,840

 
3,416

Amortization of net unrealized gains on HTM securities
 
(11,708
)
 
(4,098
)
 
(7,610
)
Reclassification adjustment for gains included in net income
 
(454
)
 
(159
)
 
(295
)
Net unrealized gains
 
37,737

 
13,208

 
24,529

Defined benefit pension and post-retirement plans:
 
 

 
 

 
 

Net actuarial loss
 
(12,045
)
 
(4,216
)
 
(7,829
)
Reversal of amortization items:
 
 

 
 

 
 

Net actuarial loss
 
4,134

 
1,447

 
2,687

Prior service cost
 
150

 
53

 
97

Defined benefit pension and post-retirement plans
 
(7,761
)
 
(2,716
)
 
(5,045
)
Comprehensive income
 
$
108,310

 
21,860

 
86,450


(c) The balances of, and changes in, each component of AOCI (net of taxes) as of December 31, 2012 and 2011 were as follows:
 
 
Net Unrealized (Loss) Gain
 

 
 
($ in thousands)
 
OTTI Related
 
HTM Related
 
All Other
 
Defined Benefit Pension and Post- retirement Plans
 
Total AOCI
Balance, December 31, 2010
 
$
(4,593
)
 
11,144

 
47,316

 
(46,843
)
 
7,024

Changes in component during period
 
1,093

 
(6,522
)
 
48,809

 
(8,110
)
 
35,270

Balance, December 31, 2011
 
(3,500
)
 
4,622

 
96,125

 
(54,953
)
 
42,294

Changes in component during period
 
1,842

 
(2,028
)
 
25,266

 
(13,334
)
 
11,746

Balance, December 31, 2012
 
$
(1,658
)
 
2,594

 
121,391

 
(68,287
)
 
54,040