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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Investments    
Fixed maturities, available for sale, at fair value (amortized cost 2016, $6,910,241; 2015, $6,785,626) $ 7,481,712 $ 7,091,340
Equity securities, available for sale, at fair value (cost 2016, $110,573; 2015, $95,722) 123,163 99,797
Short-term and other investments 466,083 456,893
Total investments 8,070,958 7,648,030
Cash 50,432 15,509
Deferred policy acquisition costs 223,028 253,176
Goodwill 47,396 47,396
Other assets 305,888 292,139
Separate Account (variable annuity) assets 1,768,600 1,800,722
Total assets 10,466,302 10,056,972
Policy liabilities    
Investment contract and life policy reserves 5,274,167 5,126,842
Unpaid claims and claim expenses 344,744 323,720
Unearned premiums 233,396 232,841
Total policy liabilities 5,852,307 5,683,403
Other policyholder funds 698,714 692,652
Other liabilities 482,263 368,559
Long-term debt 247,083 246,975
Separate Account (variable annuity) liabilities 1,768,600 1,800,722
Total liabilities 9,048,967 8,792,311
Preferred stock, $0.001 par value, authorized 1,000,000 shares; none issued 0 0
Common stock, $0.001 par value, authorized 75,000,000 shares; issued, 2016, 64,811,359; 2015, 64,537,554 65 65
Additional paid-in capital 447,504 442,648
Retained earnings 1,131,122 1,116,277
Accumulated other comprehensive income (loss), net of taxes:    
Net unrealized gains on fixed maturities and equity securities [1],[2] 329,653 175,167
Net funded status of pension obligations [1] (11,794) (11,794)
Treasury stock, at cost, 2016, 24,672,932 shares; 2015, 23,971,522 shares (479,215) (457,702)
Total shareholders' equity 1,417,335 1,264,661
Total liabilities and shareholders’ equity $ 10,466,302 $ 10,056,972
[1] All amounts are net of tax.
[2] The pretax amounts reclassified from accumulated other comprehensive income (loss), $4,327 and $5,067, are included in net realized investment gains and losses and the related tax expenses, $1,514 and $1,773, are included in income tax expense in the Consolidated Statements of Operations for the three and six months ended June 30, 2016, respectively.