Assurant 2011 Annual Report Download - page 136

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ASSURANT, INC.2011 Form10-KF-60
Schedule II—Condensed Balance Sheet (Parent Only)
ASSURANT, INC.
(in thousands except number of shares)
December31,
2011 2010
ASSETS
Investments:
Equity investment in subsidiaries $ 5,154,079 $ 4,708,700
Fixed maturity securities available for sale, at fair value (amortized cost—$334,115 in 2011 and $318,190 in 2010) 335,614 316,832
Equity securities available for sale, at fair value (amortized cost—$9,929 in 2011 and $4,638 in 2010) 11,194 5,195
Short-term investments 4,827 8,156
Other investments 65,825 79,936
Total investments 5,571,539 5,118,819
Cash and cash equivalents 497,489 656,382
Receivable from subsidiaries, net 29,442 30,550
Income tax receivable 5,948 7,635
Accrued investment income 2,899 551
Property and equipment, at cost less accumulated depreciation 118,191 137,381
Deferred income taxes, net 164,577 200,541
Other intangible assets, net 12,303 13,036
Other assets 23,445 32,859
TOTAL ASSETS $ 6,425,833 $ 6,197,754
LIABILITIES
Accounts payable and other liabilities $ 426,619 $ 440,053
Debt 972,278 972,164
Mandatorily redeemable preferred stock — 5,000
TOTAL LIABILITIES 1,398,897 1,417,217
Commitments and Contingencies
STOCKHOLDERS’ EQUITY
Common stock, par value $0.01 per share, 800,000,000 shares authorized, 88,524,374 and 102,000,371 shares
outstanding at December31, 2011 and 2010, respectively 1,464 1,453
Additional paid-in capital 3,025,477 2,993,957
Retained earnings 3,742,479 3,264,025
Accumulated other comprehensive income 554,867 285,524
Treasury stock, at cost; 57,433,178 and 43,344,638 shares at December31, 2011 and 2010, respectively (2,297,351) (1,764,422)
TOTAL STOCKHOLDERS’ EQUITY 5,026,936 4,780,537
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 6,425,833 $ 6,197,754