• Filing Date: 2014-03-12
  • Form Type: 10-K
  • Description: Annual report
v2.4.0.8
Income Taxes - Significant Components of Net Deferred Income Tax Asset (Detail) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Deferred tax assets:    
Unearned premiums $ 8,829 $ 9,149
Losses and loss adjustment expenses 885 1,116
Organizational costs 95 106
Stock-based compensation 2,026 394
Accrued expenses 163 40
Deferred expenses   72
Unearned revenue 52  
Bad debt reserve 5  
Total deferred tax assets 12,055 10,877
Deferred tax liabilities:    
Property and equipment (1,748) (1,519)
Deferred policy acquisition costs (5,600) (4,027)
Unrealized net gain on securities available-for-sale (700) (1,017)
Basis difference related to convertible senior notes (6,295)  
Prepaid expenses (296) (225)
Unearned brokerage income   (105)
Other (156) (136)
Total deferred tax liabilities (14,795) (7,029)
Net deferred tax (liabilities) assets $ (2,740) $ 3,848