|
Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified
|
Sep. 30, 2012
|
Dec. 31, 2011
|
| Investments: |
|
|
| Fixed maturity securities available for sale, at fair value |
$ 2,878,625 |
$ 2,682,142 |
| Equity securities available for sale, at fair value |
37,453 |
36,689 |
| Mortgage loans |
560,772 |
601,923 |
| Real estate |
120,748 |
127,962 |
| Policy loans |
78,172 |
80,375 |
| Short-term investments |
27,031 |
49,316 |
| Other investments |
2,581 |
3,364 |
| Total investments |
3,705,382 |
3,581,771 |
| Cash |
7,181 |
10,436 |
| Accrued investment income |
39,173 |
34,705 |
| Deferred acquisition costs |
174,755 |
181,564 |
| Reinsurance receivables |
193,384 |
189,885 |
| Property and equipment |
18,408 |
22,671 |
| Other assets |
48,164 |
60,601 |
| Separate account assets |
343,721 |
316,609 |
| Total assets |
4,530,168 |
4,398,242 |
| LIABILITIES |
|
|
| Future policy benefits |
892,837 |
879,015 |
| Policyholder account balances |
2,124,501 |
2,089,452 |
| Policy and contract claims |
28,921 |
36,511 |
| Other policyholder funds |
152,033 |
152,125 |
| Other liabilities |
231,733 |
213,825 |
| Separate account liabilities |
343,721 |
316,609 |
| Total liabilities |
3,773,746 |
3,687,537 |
| STOCKHOLDERS' EQUITY |
|
|
| Common stock, par value $1.25 per share Authorized 36,000,000 shares,issued 18,496,680 shares |
23,121 |
23,121 |
| Additional paid in capital |
40,960 |
41,101 |
| Retained earnings |
803,800 |
780,918 |
| Accumulated other comprehensive income |
61,154 |
30,086 |
| Treasury stock, at cost (2012 - 7,439,628 shares; 2011 - 7,187,315 shares) |
(172,613) |
(164,521) |
| Total stockholders' equity |
756,422 |
710,705 |
| Total liabilities and stockholders' equity |
$ 4,530,168 |
$ 4,398,242 |