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Condensed Financial Information of Registrant (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
ASSETS                        
Cash and cash equivalents $ 347,392       $ 229,685       $ 347,392 $ 229,685 $ 133,645  
Restricted cash and cash equivalents 33,009       78,312       33,009 78,312    
Equity securities 85,041       95,345       85,041 95,345    
Receivable from securities 1,096       9,737       1,096 9,737    
Other receivables 2,017       2,732       2,017 2,732    
Property and equipment, net 8,968       7,116       8,968 7,116    
Deferred income taxes 19,178       22,991       19,178 22,991    
Other assets 1,578       1,477       1,578 1,477    
Total assets 925,735       894,026       925,735 894,026    
LIABILITIES:                        
Accounts payable 4,368       4,314       4,368 4,314    
Payable for securities 1,275       1,067       1,275 1,067    
Income taxes payable 699       12,740       699 12,740    
Other accrued expenses 28,071       24,780       28,071 24,780    
Total liabilities 762,221       744,021       762,221 744,021    
STOCKHOLDERS' EQUITY:                        
Cumulative convertible preferred stock, $.01 par value; Authorized shares - 1,000; Issued shares - 108; Outstanding shares - 108; Minimum liquidation preference, $2.66 per share 1       1       1 1    
Common stock, $.01 par value; Authorized shares - 55,000; Issued shares - 41,889 and 41,100; Outstanding shares - 40,871 and 40,082 419       411       419 411    
Treasury shares, at cost - 1,018 (3,101)       (3,101)       (3,101) (3,101)    
Additional paid-in capital 38,684       36,536       38,684 36,536    
Retained earnings 127,511       116,158       127,511 116,158    
Total stockholders' equity 163,514       150,005       163,514 150,005 139,790 113,274
Total liabilities and stockholders' equity 925,735       894,026       925,735 894,026    
PREMIUMS EARNED AND OTHER REVENUES                        
Increase (decrease) in unearned assumed premiums                 (28,229) (31,508) (49,964)  
Premiums earned, net 67,274 59,512 55,694 48,640 51,823 49,634 49,524 48,004 231,120 198,985 170,443  
Investment income 278 215 (16) (36) 430 122 (21) 257 441 788 992  
Net realized gains (losses) on investments                 (11,943) 2,350 27,692  
Net change in unrealized gains (losses) on investments                 9,443 (18,410) 1,754  
Net foreign currency gains on investments                 22 1,532 1,122  
Total premiums earned and other revenues 75,227 74,537 59,928 60,247 58,443 49,413 53,672 64,333 269,939 225,861 239,923  
OPERATING COSTS AND EXPENSES                        
General and administrative expenses                 91,193 67,834 64,290  
Total operating costs and expenses 65,863 60,563 46,936 44,018 62,165 48,170 40,551 41,257 217,380 192,143 177,645  
LOSS BEFORE INCOME TAXES AND EQUITY IN NET EARNINGS OF SUBSIDIARIES                 52,559 33,718 62,278  
Benefit from income taxes                 22,247 13,609 25,294  
CONSOLIDATED NET INCOME 4,406 8,256 7,777 9,873 (2,313) 975 7,549 13,898 30,312 20,109 36,984  
Cash flows from operating activities:                        
Net income 4,406 8,256 7,777 9,873 (2,313) 975 7,549 13,898 30,312 20,109 36,984  
Adjustments to reconcile net income to net cash provided by operating activities:                        
Amortization of stock-based compensation                 3,830 2,848 2,962  
Net realized (gains) losses on investments                 11,943 (2,350) (27,692)  
Net change in unrealized (gains) losses on investments                 (9,443) 18,410 (1,754)  
Deferred income taxes                 3,813 (9,543) (1,333)  
Excess tax (benefits) shortfall from stock-based compensation                 1,760 (195) (4,099)  
Other                 6 (17) (627)  
Net change in assets and liabilities relating to operating activities:                        
Restricted cash and cash equivalents                 45,304 (64,372) 5,175  
Premiums receivable, net                 (4,589) (2,855) (7,574)  
Purchase of trading securities                 (343,962) (801,704) (617,994)  
Proceeds from sale of equity securities, trading                 360,000 921,625 549,305  
Income taxes recoverable                 (2,594)   3,212  
Income taxes payable                 (13,801) 4,653 12,012  
Unearned premiums                 28,229 31,508 49,964  
Net cash provided by (used in) operating activities                 141,997 110,129 (4,060)  
Cash flows from investing activities:                        
Purchases of equity securities, available for sale                     (80,730)  
Proceeds from sales of equity securities, available for sale                     70,681  
Net cash used in investing activities                 (2,698) (2,331) (24,634)  
Cash flows from financing activities:                        
Preferred stock dividend                 (287) (20) (20)  
Common stock dividend                 (18,669) (12,750) (12,533)  
Issuance of common stock                 207 5 14  
Payments related to tax withholding for share-based compensation                 (121) (172) (4,292)  
Excess tax benefits (shortfall) from stock-based compensation                 (1,760) 195 4,099  
Net cash used in financing activities                 (21,592) (11,758) (11,470)  
Net increase (decrease) in cash and cash equivalents                 117,707 96,040 (40,164)  
Cash and cash equivalents at beginning of period       229,685       133,645 229,685 133,645 173,809  
Cash and cash equivalents at end of period 347,392       229,685       347,392 229,685 133,645  
Parent Company [Member]
                       
ASSETS                        
Cash and cash equivalents 17,733       6,900       17,733 6,900 8,457  
Restricted cash and cash equivalents         30,220         30,220    
Investments in subsidiaries and undistributed earnings 121,496       94,249       121,496 94,249    
Equity securities 13,944       15,553       13,944 15,553    
Receivable from securities 175       1,019       175 1,019    
Other receivables 2,602               2,602      
Deferred income taxes 19,178       22,991       19,178 22,991    
Other assets 329       324       329 324    
Total assets 175,457       171,256       175,457 171,256    
LIABILITIES:                        
Accounts payable 339       160       339 160    
Payable for securities 53       133       53 133    
Income taxes payable 699       12,740       699 12,740    
Other accrued expenses 10,852       8,218       10,852 8,218    
Total liabilities 11,943       21,251       11,943 21,251    
STOCKHOLDERS' EQUITY:                        
Cumulative convertible preferred stock, $.01 par value; Authorized shares - 1,000; Issued shares - 108; Outstanding shares - 108; Minimum liquidation preference, $2.66 per share 1       1       1 1    
Common stock, $.01 par value; Authorized shares - 55,000; Issued shares - 41,889 and 41,100; Outstanding shares - 40,871 and 40,082 419       411       419 411    
Treasury shares, at cost - 1,018 (3,101)       (3,101)       (3,101) (3,101)    
Additional paid-in capital 38,684       36,536       38,684 36,536    
Retained earnings 127,511       116,158       127,511 116,158    
Total stockholders' equity 163,514       150,005       163,514 150,005    
Total liabilities and stockholders' equity 175,457       171,256       175,457 171,256    
PREMIUMS EARNED AND OTHER REVENUES                        
Assumed premiums written                 10,686 20,703 4,534  
Increase (decrease) in unearned assumed premiums                      7,292  
Premiums earned, net                 10,686 20,703 11,826  
Investment income                 25 54 42  
Net realized gains (losses) on investments                 (1,880) (1,186) 1,379  
Net change in unrealized gains (losses) on investments                 1,162 (3,009) 223  
Management fee                 142 142 41  
Total premiums earned and other revenues                 10,135 16,704 13,511  
OPERATING COSTS AND EXPENSES                        
General and administrative expenses                 25,051 20,830 20,417  
Total operating costs and expenses                 25,051 20,830 20,417  
LOSS BEFORE INCOME TAXES AND EQUITY IN NET EARNINGS OF SUBSIDIARIES                 (14,916) (4,126) (6,906)  
Benefit from income taxes                 (6,312) (1,667) (2,664)  
LOSS BEFORE EQUITY IN NET EARNINGS OF SUBSIDIARIES                 (8,604) (2,459) (4,242)  
Equity in net income of subsidiaries                 38,916 22,568 41,226  
CONSOLIDATED NET INCOME                 30,312 20,109 36,984  
Cash flows from operating activities:                        
Net income                 30,312 20,109 36,984  
Adjustments to reconcile net income to net cash provided by operating activities:                        
Equity in net income of subsidiaries                 (38,916) (22,568) (41,226)  
Amortization of stock-based compensation                 3,830      
Net realized (gains) losses on investments                 1,880 1,186 (1,379)  
Net change in unrealized (gains) losses on investments                 (1,162) 3,009 (223)  
Deferred income taxes                 3,813 (9,543) (1,333)  
Excess tax (benefits) shortfall from stock-based compensation                 1,760 (195) (4,099)  
Other                   5 16  
Net change in assets and liabilities relating to operating activities:                        
Restricted cash and cash equivalents                 30,220 (18,880) 5,175  
Premiums receivable, net                     8,721  
Purchase of trading securities                 (58,836) (77,691) (12,760)  
Proceeds from sale of equity securities, trading                 60,379 66,526 10,897  
Income taxes recoverable                 (2,594)   3,212  
Income taxes payable                 (13,801) 4,653 12,012  
Unearned premiums                      (7,292)  
Other operating assets and liabilities                 2,911 1,405 604  
Net cash provided by (used in) operating activities                 19,796 (29,136) 12,271  
Cash flows from investing activities:                        
Capital contributions to subsidiaries                 (28,555) (49,001) (31,134)  
Distribution of income from subsidiaries                 40,222 89,322 30,455  
Purchases of equity securities, available for sale                     (3,578)  
Proceeds from sales of equity securities, available for sale                     10,702  
Net cash used in investing activities                 11,667 40,321 6,445  
Cash flows from financing activities:                        
Preferred stock dividend                 (287) (20) (20)  
Common stock dividend                 (18,669) (12,750) (12,533)  
Issuance of common stock                 207 5 14  
Payments related to tax withholding for share-based compensation                 (121) (172) (4,293)  
Excess tax benefits (shortfall) from stock-based compensation                 (1,760) 195 4,099  
Net cash used in financing activities                 (20,630) (12,742) (12,733)  
Net increase (decrease) in cash and cash equivalents                 10,833 (1,557) 5,983  
Cash and cash equivalents at beginning of period       6,900       8,457 6,900 8,457 2,474  
Cash and cash equivalents at end of period 17,733       6,900       17,733 6,900 8,457  
Parent Company [Member] | Restated [Member]
                       
ASSETS                        
Cash and cash equivalents         6,900         6,900 8,457  
PREMIUMS EARNED AND OTHER REVENUES                        
Assumed premiums written                   20,703    
Increase (decrease) in unearned assumed premiums                     7,292  
Premiums earned, net                   20,703    
Investment income                   54    
Net realized gains (losses) on investments                   (1,186) 1,379  
Net change in unrealized gains (losses) on investments                   (3,009) 223  
Management fee                   142    
Total premiums earned and other revenues                   16,704    
OPERATING COSTS AND EXPENSES                        
General and administrative expenses                   20,830    
Total operating costs and expenses                   20,830    
LOSS BEFORE INCOME TAXES AND EQUITY IN NET EARNINGS OF SUBSIDIARIES                   (4,126)    
Benefit from income taxes                   (1,667)    
LOSS BEFORE EQUITY IN NET EARNINGS OF SUBSIDIARIES                   (2,459)    
Equity in net income of subsidiaries                   22,568 41,226  
CONSOLIDATED NET INCOME                   20,109 36,984  
Cash flows from operating activities:                        
Net income                   20,109 36,984  
Adjustments to reconcile net income to net cash provided by operating activities:                        
Equity in net income of subsidiaries                   (22,568) (41,226)  
Amortization of stock-based compensation                   2,848 2,962  
Net realized (gains) losses on investments                   1,186 (1,379)  
Net change in unrealized (gains) losses on investments                   3,009 (223)  
Deferred income taxes                   (9,543) (1,333)  
Excess tax (benefits) shortfall from stock-based compensation                   (195) (4,099)  
Other                   5 16  
Net change in assets and liabilities relating to operating activities:                        
Restricted cash and cash equivalents                   (18,880) 5,175  
Premiums receivable, net                     8,721  
Purchase of trading securities                   (77,691) (12,760)  
Proceeds from sale of equity securities, trading                   66,526 10,897  
Income taxes recoverable                     3,212  
Income taxes payable                   4,653 12,012  
Unearned premiums                     (7,292)  
Other operating assets and liabilities                   1,405 604  
Net cash provided by (used in) operating activities                   (29,136) 12,271  
Cash flows from investing activities:                        
Capital contributions to subsidiaries                   (49,001) (31,134)  
Distribution of income from subsidiaries                   89,322 30,455  
Purchases of equity securities, available for sale                     (3,578)  
Proceeds from sales of equity securities, available for sale                     10,702  
Net cash used in investing activities                   40,321 6,445  
Cash flows from financing activities:                        
Preferred stock dividend                   (20) (20)  
Common stock dividend                   (12,750) (12,533)  
Issuance of common stock                   5 14  
Payments related to tax withholding for share-based compensation                   (172) (4,293)  
Excess tax benefits (shortfall) from stock-based compensation                   195 4,099  
Net cash used in financing activities                   (12,742) (12,733)  
Net increase (decrease) in cash and cash equivalents                   (1,557) 5,983  
Cash and cash equivalents at beginning of period               8,457   8,457 2,474  
Cash and cash equivalents at end of period         $ 6,900         $ 6,900 $ 8,457