2019 Q4 Form 10-K Financial Statement

#000092262120000009 Filed on February 27, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2019 2018 Q4
Revenue $596.7M $34.46M $576.5M
YoY Change 3.52% 10.33% 43.61%
Cost Of Revenue $528.0M $2.120B $501.7M
YoY Change 5.24% 4.03% 46.35%
Gross Profit $68.70M $357.3M $74.80M
YoY Change -8.16% 3.78% 27.65%
Gross Profit Margin 11.51% 1036.85% 12.98%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $16.80M
YoY Change 25.37%
% of Gross Profit 4.7%
Operating Expenses $528.0M $2.120B $501.7M
YoY Change 5.25% 4.03% 46.37%
Operating Profit -$459.3M $357.3M -$426.9M
YoY Change 7.6% 3.77% 50.23%
Interest Expense $6.900M $856.0K $5.300M
YoY Change 30.19% -65.2% 1110.05%
% of Operating Profit 0.24%
Other Income/Expense, Net $100.0K $255.0K $3.500M
YoY Change -97.14% -93.0% -600.0%
Pretax Income $75.65M $396.7M $82.64M
YoY Change -8.46% 6.84% 27.85%
Income Tax $16.10M $79.88M $20.30M
% Of Pretax Income 21.28% 20.14% 24.56%
Net Earnings $59.59M $316.8M $62.31M
YoY Change -4.38% 9.92% 94.41%
Net Earnings / Revenue 9.99% 919.39% 10.81%
Basic Earnings Per Share
Diluted Earnings Per Share $1.021M $5.425M $1.067M
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q4 2019 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $369.5M $372.0M $668.8M
YoY Change -44.74% -44.39% 133.02%
Cash & Equivalents $336.7M $337.0M $266.4M
Short-Term Investments $32.81M $35.00M $402.3M
Other Short-Term Assets $45.00M $45.00M $37.00M
YoY Change 21.62% 21.62% 5.71%
Inventory
Prepaid Expenses
Receivables $468.6M $474.0M $455.0M
Other Receivables $1.000M $1.000M $8.000M
Total Short-Term Assets $891.4M $891.0M $1.169B
YoY Change -23.74% -23.78% 45.78%
LONG-TERM ASSETS
Property, Plant & Equipment $244.0M $244.0M $131.0M
YoY Change 86.26% 86.26% 57.83%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $26.78M $789.0M $34.82M
YoY Change -23.11% 100.76% -22.83%
Other Assets $62.65M $92.00M $61.59M
YoY Change 1.72% 6.98% 113.91%
Total Long-Term Assets $1.125B $1.125B $609.4M
YoY Change 84.59% 84.73% -29.47%
TOTAL ASSETS
Total Short-Term Assets $891.4M $891.0M $1.169B
Total Long-Term Assets $1.125B $1.125B $609.4M
Total Assets $2.016B $2.016B $1.778B
YoY Change 13.38% 13.39% 6.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $124.0M $124.0M $111.0M
YoY Change 11.71% 11.71% 5.71%
Accrued Expenses $107.0M $107.0M $103.0M
YoY Change 3.88% 3.88% -16.26%
Deferred Revenue $35.94M $33.85M
YoY Change 6.16%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.979M $2.000M $1.870M
YoY Change 5.83% 0.0%
Total Short-Term Liabilities $587.7M $588.0M $547.1M
YoY Change 7.43% 7.5% 7.29%
LONG-TERM LIABILITIES
Long-Term Debt $95.84M $96.00M $97.86M
YoY Change -2.06% -2.04% 30.95%
Other Long-Term Liabilities $21.61M $199.0M $11.91M
YoY Change 81.34% 24.38% 527.38%
Total Long-Term Liabilities $117.4M $295.0M $109.8M
YoY Change 6.99% 14.34% 43.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $587.7M $588.0M $547.1M
Total Long-Term Liabilities $117.4M $295.0M $109.8M
Total Liabilities $883.0M $883.0M $804.7M
YoY Change 9.73% 9.69% -0.48%
SHAREHOLDERS EQUITY
Retained Earnings $2.378B $2.231B
YoY Change 6.55% 4.23%
Common Stock $16.48M $16.46M
YoY Change 0.15% -0.07%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.133B $1.133B $973.7M
YoY Change
Total Liabilities & Shareholders Equity $2.016B $2.016B $1.778B
YoY Change 13.38% 13.39% 6.75%

Cashflow Statement

Concept 2019 Q4 2019 2018 Q4
OPERATING ACTIVITIES
Net Income $59.59M $316.8M $62.31M
YoY Change -4.38% 9.92% 94.41%
Depreciation, Depletion And Amortization $16.80M
YoY Change 25.37%
Cash From Operating Activities $126.6M $364.5M $89.30M
YoY Change 41.77% 38.3% 16.28%
INVESTING ACTIVITIES
Capital Expenditures -$33.60M -$102.0M -$7.600M
YoY Change 342.11% 81.17% -30.28%
Acquisitions
YoY Change
Other Investing Activities -$58.70M -$22.60M -$20.80M
YoY Change 182.21% -9.96% -10.73%
Cash From Investing Activities -$92.40M -$124.6M -$28.40M
YoY Change 225.35% 53.12% -17.2%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -42.40M -$169.6M -39.10M
YoY Change 8.44% 28.96% 242.98%
NET CHANGE
Cash From Operating Activities 126.6M $364.5M 89.30M
Cash From Investing Activities -92.40M -$124.6M -28.40M
Cash From Financing Activities -42.40M -$169.6M -39.10M
Net Change In Cash -8.200M $70.32M 21.80M
YoY Change -137.61% 38.71% -29.9%
FREE CASH FLOW
Cash From Operating Activities $126.6M $364.5M $89.30M
Capital Expenditures -$33.60M -$102.0M -$7.600M
Free Cash Flow $160.2M $466.5M $96.90M
YoY Change 65.33% 45.84% 10.49%

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973672000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
316821000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
13416000 USD
CY2019 erie Net Treasury Stock Value Acquired Held And Reissued
NetTreasuryStockValueAcquiredHeldAndReissued
-24000 USD
CY2019 erie Deferred Compensation Under Rabbi Trust Plans
DeferredCompensationUnderRabbiTrustPlans
0 USD
CY2019 erie Distributions From Rabbi Trust Plans
DistributionsFromRabbiTrustPlans
0 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
1133253000 USD
CY2019 erie Proceeds From Insurance Agency Management Fees Received
ProceedsFromInsuranceAgencyManagementFeesReceived
1845075000 USD
CY2018 erie Proceeds From Insurance Agency Management Fees Received
ProceedsFromInsuranceAgencyManagementFeesReceived
1751247000 USD
CY2017 erie Proceeds From Insurance Agency Management Fees Received
ProceedsFromInsuranceAgencyManagementFeesReceived
1627558000 USD
CY2019 erie Administrative Services Reimbursements Received
AdministrativeServicesReimbursementsReceived
588255000 USD
CY2018 erie Administrative Services Reimbursements Received
AdministrativeServicesReimbursementsReceived
574698000 USD
CY2017 erie Administrative Services Reimbursements Received
AdministrativeServicesReimbursementsReceived
0 USD
CY2019 us-gaap Proceeds From Fees Received
ProceedsFromFeesReceived
27627000 USD
CY2018 us-gaap Proceeds From Fees Received
ProceedsFromFeesReceived
28677000 USD
CY2017 us-gaap Proceeds From Fees Received
ProceedsFromFeesReceived
29149000 USD
CY2019 us-gaap Proceeds From Interest And Dividends Received
ProceedsFromInterestAndDividendsReceived
34511000 USD
CY2018 us-gaap Proceeds From Interest And Dividends Received
ProceedsFromInterestAndDividendsReceived
37489000 USD
CY2017 us-gaap Proceeds From Interest And Dividends Received
ProceedsFromInterestAndDividendsReceived
31281000 USD
CY2019 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
1931000 USD
CY2018 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
7173000 USD
CY2017 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
5128000 USD
CY2019 us-gaap Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
0 USD
CY2018 us-gaap Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
0 USD
CY2017 us-gaap Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
4720000 USD
CY2019 us-gaap Payments For Commissions
PaymentsForCommissions
895563000 USD
CY2018 us-gaap Payments For Commissions
PaymentsForCommissions
853758000 USD
CY2017 us-gaap Payments For Commissions
PaymentsForCommissions
800627000 USD
CY2019 erie Payments For Agent Bonuses
PaymentsForAgentBonuses
115795000 USD
CY2018 erie Payments For Agent Bonuses
PaymentsForAgentBonuses
134314000 USD
CY2017 erie Payments For Agent Bonuses
PaymentsForAgentBonuses
122743000 USD
CY2019 us-gaap Payments To Employees
PaymentsToEmployees
186460000 USD
CY2018 us-gaap Payments To Employees
PaymentsToEmployees
182537000 USD
CY2017 us-gaap Payments To Employees
PaymentsToEmployees
171547000 USD
CY2019 erie Pension Contributionsand Paymentsfor Other Labor Related Expenses
PensionContributionsandPaymentsforOtherLaborRelatedExpenses
42728000 USD
CY2018 erie Pension Contributionsand Paymentsfor Other Labor Related Expenses
PensionContributionsandPaymentsforOtherLaborRelatedExpenses
115525000 USD
CY2017 erie Pension Contributionsand Paymentsfor Other Labor Related Expenses
PensionContributionsandPaymentsforOtherLaborRelatedExpenses
89981000 USD
CY2019 us-gaap Payments For Other Operating Activities
PaymentsForOtherOperatingActivities
236128000 USD
CY2018 us-gaap Payments For Other Operating Activities
PaymentsForOtherOperatingActivities
208036000 USD
CY2017 us-gaap Payments For Other Operating Activities
PaymentsForOtherOperatingActivities
199084000 USD
CY2019 erie Administrative Services Expenses Paid
AdministrativeServicesExpensesPaid
582528000 USD
CY2018 erie Administrative Services Expenses Paid
AdministrativeServicesExpensesPaid
580338000 USD
CY2017 erie Administrative Services Expenses Paid
AdministrativeServicesExpensesPaid
0 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
72817000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
58814000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
106250000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
853000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
2377000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
1038000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
364527000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
263585000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
197126000 USD
CY2019 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
956818000 USD
CY2018 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
392895000 USD
CY2017 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
391181000 USD
CY2019 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
66760000 USD
CY2018 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
4087000 USD
CY2019 us-gaap Payments To Acquire Limited Partnership Interests
PaymentsToAcquireLimitedPartnershipInterests
48000 USD
CY2018 us-gaap Payments To Acquire Limited Partnership Interests
PaymentsToAcquireLimitedPartnershipInterests
243000 USD
CY2017 us-gaap Payments To Acquire Limited Partnership Interests
PaymentsToAcquireLimitedPartnershipInterests
410000 USD
CY2019 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
1032000 USD
CY2018 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
0 USD
CY2017 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
0 USD
CY2019 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
687347000 USD
CY2018 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
235323000 USD
CY2017 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
144317000 USD
CY2019 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
303798000 USD
CY2018 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
134396000 USD
CY2017 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
194980000 USD
CY2019 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
16109000 USD
CY2018 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
4162000 USD
CY2019 us-gaap Proceeds From Limited Partnership Investments
ProceedsFromLimitedPartnershipInvestments
3722000 USD
CY2018 us-gaap Proceeds From Limited Partnership Investments
ProceedsFromLimitedPartnershipInvestments
3387000 USD
CY2017 us-gaap Proceeds From Limited Partnership Investments
ProceedsFromLimitedPartnershipInvestments
10768000 USD
CY2019 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
102039000 USD
CY2018 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
56297000 USD
CY2017 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
28927000 USD
CY2019 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
777000 USD
CY2018 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
6014000 USD
CY2017 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 USD
CY2019 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
17611000 USD
CY2018 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
42594000 USD
CY2017 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
9153000 USD
CY2019 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
7921000 USD
CY2018 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
6436000 USD
CY2017 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
4943000 USD
CY2019 us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
0 USD
CY2018 us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
25000000 USD
CY2017 us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
0 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-124634000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-81398000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-74663000 USD
CY2019 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
167651000 USD
CY2018 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
156474000 USD
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
145765000 USD
CY2019 us-gaap Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
-1920000 USD
CY2018 us-gaap Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
24983000 USD
CY2017 us-gaap Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
49951000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-169571000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-131491000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-95814000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
70322000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
50696000 USD
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
26649000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
266417000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
215721000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
189072000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
336739000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
266417000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
215721000 USD
CY2019 erie Transfer Between Investment Categories
TransferBetweenInvestmentCategories
3310000 USD
CY2018 erie Transfer Between Investment Categories
TransferBetweenInvestmentCategories
0 USD
CY2017 erie Transfer Between Investment Categories
TransferBetweenInvestmentCategories
0 USD
CY2019 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
6800000 USD
CY2018 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
8453000 USD
CY2017 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
0 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
35483000 USD
CY2018 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2017 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2019 us-gaap Nature Of Operations
NatureOfOperations
Nature of Operations<div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Erie Indemnity Company ("Indemnity", "we", "us", "our") is a publicly held Pennsylvania business corporation that has since its incorporation in 1925 served as the attorney-in-fact for the subscribers (policyholders) at the Erie Insurance Exchange ("Exchange").  The Exchange, which also commenced business in 1925, is a Pennsylvania-domiciled reciprocal insurer that writes property and casualty insurance. </span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Our primary function as attorney-in-fact is to perform policy issuance and renewal services on behalf of the subscribers at the Exchange. We also act as attorney-in-fact on behalf of the Exchange with respect to all claims handling and investment management services, as well as the service provider for all claims handling, life insurance, and investment management services for its insurance subsidiaries, collectively referred to as "administrative services". Acting as attorney-in-fact in these </span><span style="font-family:inherit;font-size:10pt;"><span>two</span></span><span style="font-family:inherit;font-size:10pt;"> capacities is done in accordance with a subscriber's agreement (a limited power of attorney) executed individually by each subscriber (policyholder), which appoints us as their common attorney-in-fact to transact certain business on their behalf.  Pursuant to the subscriber's agreement for acting as attorney-in-fact in these </span><span style="font-family:inherit;font-size:10pt;"><span>two</span></span><span style="font-family:inherit;font-size:10pt;"> capacities, we earn a management fee calculated as a percentage of the direct and affiliated assumed premiums written by the Exchange.</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The policy issuance and renewal services we provide to the Exchange are related to the sales, underwriting and issuance of policies. The sales related services we provide include agent compensation and certain sales and advertising support services. Agent compensation includes scheduled commissions to agents based upon premiums written as well as additional commissions and bonuses to agents, which are earned by achieving targeted measures. Agent compensation comprised approximately </span><span style="font-family:inherit;font-size:10pt;"><span>67%</span></span><span style="font-family:inherit;font-size:10pt;"> of our </span><span style="font-family:inherit;font-size:10pt;">2019</span><span style="font-family:inherit;font-size:10pt;"> policy issuance and renewal expenses. The underwriting services we provide include underwriting and policy processing and comprised approximately </span><span style="font-family:inherit;font-size:10pt;"><span>10%</span></span><span style="font-family:inherit;font-size:10pt;"> of our </span><span style="font-family:inherit;font-size:10pt;">2019</span><span style="font-family:inherit;font-size:10pt;"> policy issuance and renewal expenses. The remaining services we provide include customer service and administrative support. We also provide information technology services that support all the functions listed above that comprised approximately </span><span style="font-family:inherit;font-size:10pt;"><span>11%</span></span><span style="font-family:inherit;font-size:10pt;"> of our </span><span style="font-family:inherit;font-size:10pt;">2019</span><span style="font-family:inherit;font-size:10pt;"> policy issuance and renewal expenses. Included in these expenses are allocations of costs for departments that support these policy issuance and renewal functions.</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">By virtue of its legal structure as a reciprocal insurer, the Exchange does not have any employees or officers. Therefore, it enters into contractual relationships by and through an attorney-in-fact. Indemnity serves as the attorney-in-fact on behalf of the Exchange with respect to its administrative services. The Exchange's insurance subsidiaries also utilize Indemnity for these services in accordance with the service agreements between each of the subsidiaries and Indemnity. Claims handling services include costs incurred in the claims process, including the adjustment, investigation, defense, recording and payment functions. Life insurance management services include costs incurred in the management and processing of life insurance business. Investment management services are related to investment trading activity, accounting and all other functions attributable to the investment of funds. Included in these expenses are allocations of costs for departments that support these administrative functions. The amounts incurred for these services are reimbursed to Indemnity at cost in accordance with the subscriber's agreement and the service agreements. State insurance regulations require that intercompany service agreements and any material amendments be approved in advance by the state insurance department. </span></div><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div>Our results of operations are tied to the growth and financial condition of the Exchange. If any events occurred that impaired the Exchange’s ability to grow or sustain its financial condition, including but not limited to reduced financial strength ratings, disruption in the independent agency relationships, significant catastrophe losses, or products not meeting customer demands, the Exchange could find it more difficult to retain its existing business and attract new business. A decline in the business of the Exchange almost certainly would have as a consequence a decline in the total premiums paid and a correspondingly adverse effect on the amount of the management fees we receive. We also have an exposure to a concentration of credit risk related to the unsecured receivables due from the Exchange for its management fee and cost reimbursements. See Note 16, "Concentrations of Credit Risk".
CY2019 erie Revenue Performance Obligation Numberof Performance Obligations
RevenuePerformanceObligationNumberofPerformanceObligations
2 Obligations
CY2019 erie Revenue Performance Obligation Numberof Performance Obligations
RevenuePerformanceObligationNumberofPerformanceObligations
2 Obligations
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;text-decoration:underline;">Use of estimates</span><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></div>
CY2019 erie Revenue Performance Obligation Numberof Performance Obligations
RevenuePerformanceObligationNumberofPerformanceObligations
2 Obligations
CY2019 erie Insurance Agency Management Fee Percent
InsuranceAgencyManagementFeePercent
0.25
CY2019 erie Revenue Performance Obligation Numberof Performance Obligations
RevenuePerformanceObligationNumberofPerformanceObligations
2 Obligations
CY2019 erie Insurance Agency Management Fee Percent
InsuranceAgencyManagementFeePercent
0.25
CY2019 erie Revenue Performance Obligation Numberof Performance Obligations
RevenuePerformanceObligationNumberofPerformanceObligations
2 Obligations
CY2019 erie Revenue Performance Obligation Numberof Performance Obligations
RevenuePerformanceObligationNumberofPerformanceObligations
2 Obligations
CY2017 erie Reimbursements Receivedfrom Related Party
ReimbursementsReceivedfromRelatedParty
522300000 USD
CY2019 erie Insurance Agency Management Fee Percent
InsuranceAgencyManagementFeePercent
0.25
CY2019 erie Insurance Agency Management Fee Percent
InsuranceAgencyManagementFeePercent
0.25
CY2019 erie Revenue Performance Obligation Numberof Performance Obligations
RevenuePerformanceObligationNumberofPerformanceObligations
2 Obligations
CY2019 erie Revenue Performance Obligation Numberof Performance Obligations
RevenuePerformanceObligationNumberofPerformanceObligations
2 Obligations
CY2019 erie Revenue Performance Obligation Numberof Performance Obligations
RevenuePerformanceObligationNumberofPerformanceObligations
2 Obligations
CY2019Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
797834000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
32613000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
32655000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
336377000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
339033000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
120716000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
122068000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
235244000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
236945000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
724950000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
730701000 USD
CY2019 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
34460000 USD
CY2018 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
31234000 USD
CY2017 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
26155000 USD
CY2019 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
1061000 USD
CY2018 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
1025000 USD
CY2017 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
1516000 USD
CY2019 us-gaap Net Investment Income
NetInvestmentIncome
33399000 USD
CY2018 us-gaap Net Investment Income
NetInvestmentIncome
30209000 USD
CY2017 us-gaap Net Investment Income
NetInvestmentIncome
24639000 USD
CY2019 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
6103000 USD
CY2018 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
-2010000 USD
CY2017 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
1334000 USD
CY2019 us-gaap Other Than Temporary Impairment Loss Debt Securities Available For Sale Recognized In Earnings
OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSaleRecognizedInEarnings
200000 USD
CY2018 us-gaap Other Than Temporary Impairment Loss Debt Securities Available For Sale Recognized In Earnings
OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSaleRecognizedInEarnings
1600000 USD
CY2017 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
200000 USD
CY2019 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Including Portion Attributable To Noncontrolling Interest Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities
0 USD
CY2019Q4 erie Finite Lived Intangible Assets And Property Plant And Equipment Gross
FiniteLivedIntangibleAssetsAndPropertyPlantAndEquipmentGross
360363000 USD
CY2018Q4 erie Finite Lived Intangible Assets And Property Plant And Equipment Gross
FiniteLivedIntangibleAssetsAndPropertyPlantAndEquipmentGross
255907000 USD
CY2019Q4 erie Accumulated Depreciation Depletionand Amortization Property Plantand Equipmentand Finite Lived Intangible Assets
AccumulatedDepreciationDepletionandAmortizationPropertyPlantandEquipmentandFiniteLivedIntangibleAssets
138984000 USD
CY2018Q4 erie Accumulated Depreciation Depletionand Amortization Property Plantand Equipmentand Finite Lived Intangible Assets
AccumulatedDepreciationDepletionandAmortizationPropertyPlantandEquipmentandFiniteLivedIntangibleAssets
125075000 USD
CY2019Q4 erie Finite Lived Intangible Assets And Property Plant And Equipment Net
FiniteLivedIntangibleAssetsAndPropertyPlantAndEquipmentNet
221379000 USD
CY2018Q4 erie Finite Lived Intangible Assets And Property Plant And Equipment Net
FiniteLivedIntangibleAssetsAndPropertyPlantAndEquipmentNet
130832000 USD
CY2018 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
3400000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
16800000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13400000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
14800000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
14000000.0 USD
CY2019 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
33854000 USD
CY2018 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
38052000 USD
CY2017 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
31106000 USD
CY2019 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
39306000 USD
CY2018 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
35382000 USD
CY2017 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
34275000 USD
CY2019 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
47484000 USD
CY2018 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
51260000 USD
CY2017 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
41267000 USD
CY2019 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
1394000 USD
CY2018 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
1353000 USD
CY2017 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
871000 USD
CY2019 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-5113000 USD
CY2018 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-12809000 USD
CY2017 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-9301000 USD
CY2019 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
0 USD
CY2018 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
0 USD
CY2017 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
-302000 USD
CY2019 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
32183000 USD
CY2018 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
36336000 USD
CY2017 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
34588000 USD
CY2019 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-138144000 USD
CY2018 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
123910000 USD
CY2019Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-146842000 USD
CY2018Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-118596000 USD
CY2019Q4 us-gaap Defined Benefit Pension Plan Liabilities Current
DefinedBenefitPensionPlanLiabilitiesCurrent
1183000 USD
CY2018Q4 us-gaap Defined Benefit Pension Plan Liabilities Current
DefinedBenefitPensionPlanLiabilitiesCurrent
1730000 USD
CY2019Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
145659000 USD
CY2018Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
116866000 USD
CY2019Q4 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
DefinedBenefitPlanAmountsRecognizedInBalanceSheet
-146842000 USD
CY2018Q4 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
DefinedBenefitPlanAmountsRecognizedInBalanceSheet
-118596000 USD
CY2018Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
886165000 USD
CY2017Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
951666000 USD
CY2019 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
33854000 USD
CY2018 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
38052000 USD
CY2019 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
39306000 USD
CY2018 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
35382000 USD
CY2019 us-gaap Defined Benefit Plan Plan Amendments
DefinedBenefitPlanPlanAmendments
452000 USD
CY2018 us-gaap Defined Benefit Plan Plan Amendments
DefinedBenefitPlanPlanAmendments
3007000 USD
CY2019 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
43454000 USD
CY2018 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
18032000 USD
CY2019Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
1054467000 USD
CY2018Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
886165000 USD
CY2019Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
858209000 USD
CY2018Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
727340000 USD
CY2019 us-gaap Defined Benefit Plan Benefit Obligation Period Increase Decrease
DefinedBenefitPlanBenefitObligationPeriodIncreaseDecrease
168300000 USD
CY2019Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0359
CY2018Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0447
CY2019 us-gaap Defined Benefit Plan Settlements Benefit Obligation
DefinedBenefitPlanSettlementsBenefitObligation
25400000 USD
CY2019Q4 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Projected Benefit Obligation
DefinedBenefitPlanPensionPlanWithProjectedBenefitObligationInExcessOfPlanAssetsProjectedBenefitObligation
1054467000 USD
CY2018Q4 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Projected Benefit Obligation
DefinedBenefitPlanPensionPlanWithProjectedBenefitObligationInExcessOfPlanAssetsProjectedBenefitObligation
886165000 USD
CY2019Q4 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Plan Assets
DefinedBenefitPlanPensionPlanWithProjectedBenefitObligationInExcessOfPlanAssetsPlanAssets
907625000 USD
CY2018Q4 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Plan Assets
DefinedBenefitPlanPensionPlanWithProjectedBenefitObligationInExcessOfPlanAssetsPlanAssets
767569000 USD
CY2018Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
767569000 USD
CY2017Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
743900000 USD
CY2019 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
182002000 USD
CY2018 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
-38360000 USD
CY2019 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
1508000 USD
CY2018 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
80061000 USD
CY2019 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
DefinedBenefitPlanPlanAssetsBenefitsPaid
43454000 USD
CY2018 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
DefinedBenefitPlanPlanAssetsBenefitsPaid
18032000 USD
CY2019Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
907625000 USD
CY2018Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
767569000 USD
CY2019Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
-142678000 USD
CY2018Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
-144165000 USD
CY2019Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax
10913000 USD
CY2018Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax
11855000 USD
CY2019Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
153591000 USD
CY2018Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
156020000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
-3626000 USD
CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
34290000 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-5113000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-12809000 USD
CY2019 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
1394000 USD
CY2018 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
1353000 USD
CY2019 erie Other Comprehensive Income Defined Benefit Plans Amendments During Period Before Tax
OtherComprehensiveIncomeDefinedBenefitPlansAmendmentsDuringPeriodBeforeTax
452000 USD
CY2018 erie Other Comprehensive Income Defined Benefit Plans Amendments During Period Before Tax
OtherComprehensiveIncomeDefinedBenefitPlansAmendmentsDuringPeriodBeforeTax
3007000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-2429000 USD
CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-45445000 USD
CY2019Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
23788000 USD
CY2019Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
25903000 USD
CY2019Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
29031000 USD
CY2019Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
32497000 USD
CY2019Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
35722000 USD
CY2019Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter
229518000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
14900000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
13900000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
12800000 USD
CY2018 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
5400000 USD
CY2019Q4 erie Defined Contribution Plan Number Of Equity Securities Issued By Employer And Related Parties Included In Plan Assets
DefinedContributionPlanNumberOfEquitySecuritiesIssuedByEmployerAndRelatedPartiesIncludedInPlanAssets
200000 shares
CY2019 erie Numberof Executive Incentive Plans
NumberofExecutiveIncentivePlans
2 Plans
CY2019 erie Numberof Executive Deferred Compensation Plans
NumberofExecutiveDeferredCompensationPlans
2 Plans
CY2019 erie Numberof Director Deferred Compensation Plans
NumberofDirectorDeferredCompensationPlans
2 Plans
CY2018Q4 erie Accrued Bonuses And Deferred Compensation Liability Current And Noncurrent
AccruedBonusesAndDeferredCompensationLiabilityCurrentAndNoncurrent
26182000 USD
CY2017Q4 erie Accrued Bonuses And Deferred Compensation Liability Current And Noncurrent
AccruedBonusesAndDeferredCompensationLiabilityCurrentAndNoncurrent
30057000 USD
CY2016Q4 erie Accrued Bonuses And Deferred Compensation Liability Current And Noncurrent
AccruedBonusesAndDeferredCompensationLiabilityCurrentAndNoncurrent
32908000 USD
CY2019 erie Incentive Plans And Deferred Compensation Total Awards And Earnings
IncentivePlansAndDeferredCompensationTotalAwardsAndEarnings
12712000 USD
CY2018 erie Incentive Plans And Deferred Compensation Total Awards And Earnings
IncentivePlansAndDeferredCompensationTotalAwardsAndEarnings
12566000 USD
CY2017 erie Incentive Plans And Deferred Compensation Total Awards And Earnings
IncentivePlansAndDeferredCompensationTotalAwardsAndEarnings
19713000 USD
CY2019 erie Incentive Plan Compensation Total Liabilities Paid
IncentivePlanCompensationTotalLiabilitiesPaid
12852000 USD
CY2018 erie Incentive Plan Compensation Total Liabilities Paid
IncentivePlanCompensationTotalLiabilitiesPaid
14482000 USD
CY2017 erie Incentive Plan Compensation Total Liabilities Paid
IncentivePlanCompensationTotalLiabilitiesPaid
20621000 USD
CY2019Q4 erie Accrued Bonuses And Deferred Compensation Liability Current And Noncurrent
AccruedBonusesAndDeferredCompensationLiabilityCurrentAndNoncurrent
24616000 USD
CY2018Q4 erie Accrued Bonuses And Deferred Compensation Liability Current And Noncurrent
AccruedBonusesAndDeferredCompensationLiabilityCurrentAndNoncurrent
26182000 USD
CY2017Q4 erie Accrued Bonuses And Deferred Compensation Liability Current And Noncurrent
AccruedBonusesAndDeferredCompensationLiabilityCurrentAndNoncurrent
30057000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
76535000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
84454000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
81689000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3349000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1358000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
26912000 USD
CY2019 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
0 USD
CY2019Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
0 USD
CY2018Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
2030000 USD
CY2018 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
0 USD
CY2017 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
10095000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
79884000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
83096000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
118696000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
83308000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
77977000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
110493000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2018 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
10095000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
123000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
1305000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
2278000 USD
CY2019 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
-3088000 USD
CY2018 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
3088000 USD
CY2017 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
0 USD
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-213000 USD
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
3336000 USD
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
386000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
79884000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
83096000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
118696000 USD
CY2019Q4 erie Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions And Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensionsAndPostretirementBenefits
25720000 USD
CY2018Q4 erie Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions And Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensionsAndPostretirementBenefits
20124000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Other
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsOther
11835000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Other
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsOther
12237000 USD
CY2019Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
3755000 USD
CY2018Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
3524000 USD
CY2019Q4 erie Deferred Tax Assets Net Allowancefor Premium Cancellations
DeferredTaxAssetsNetAllowanceforPremiumCancellations
3421000 USD
CY2018Q4 erie Deferred Tax Assets Net Allowancefor Premium Cancellations
DeferredTaxAssetsNetAllowanceforPremiumCancellations
3292000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
0 USD
CY2019Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
1663000 USD
CY2018Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
1246000 USD
CY2019Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
46394000 USD
CY2018Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
42453000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
19454000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
13015000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
4890000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
1376000 USD
CY2019Q4 erie Deferred Tax Liabilities Equity Method Investments
DeferredTaxLiabilitiesEquityMethodInvestments
2632000 USD
CY2018Q4 erie Deferred Tax Liabilities Equity Method Investments
DeferredTaxLiabilitiesEquityMethodInvestments
2534000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
1549000 USD
CY2019Q4 erie Deferred Tax Liabilities Advance Commissions
DeferredTaxLiabilitiesAdvanceCommissions
545000 USD
CY2018Q4 erie Deferred Tax Liabilities Advance Commissions
DeferredTaxLiabilitiesAdvanceCommissions
1270000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
138000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
157000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
29208000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
18352000 USD
CY2019Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
17186000 USD
CY2018Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
24101000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3088000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
7719000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
4631000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
4631000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
2337000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
7719000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
2337000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3088000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
3100000 USD
CY2018 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
900000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
-0.010
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.010
CY2017Q4 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
2300000 USD
CY2017 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
100000 USD
CY2019Q4 erie Number Of Classes Of Common Stock
NumberOfClassesOfCommonStock
2 class
CY2017 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
-10300000 USD
CY2019 erie Insurance Holding Company System Minimum Affiliates
InsuranceHoldingCompanySystemMinimumAffiliates
2 Affiliates
CY2019 erie Insurance Holding Company System Minimum Affiliate Insurers
InsuranceHoldingCompanySystemMinimumAffiliateInsurers
1 Insurers
CY2019Q4 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
468600000 USD
CY2018Q4 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
449900000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
316821000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
288224000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
196999000 USD
CY2019 erie Depreciation Depletionand Amortizationand Gain Losson Disposition
DepreciationDepletionandAmortizationandGainLossonDisposition
16813000 USD
CY2018 erie Depreciation Depletionand Amortizationand Gain Losson Disposition
DepreciationDepletionandAmortizationandGainLossonDisposition
13368000 USD
CY2017 erie Depreciation Depletionand Amortizationand Gain Losson Disposition
DepreciationDepletionandAmortizationandGainLossonDisposition
14831000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3349000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1358000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
26912000 USD
CY2019 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
0 USD
CY2018 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
0 USD
CY2017 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
10095000 USD
CY2019 erie Lease Amortization Expense
LeaseAmortizationExpense
13959000 USD
CY2018 erie Lease Amortization Expense
LeaseAmortizationExpense
0 USD
CY2017 erie Lease Amortization Expense
LeaseAmortizationExpense
0 USD
CY2019 erie Realized Investment Gains Losses And Impairment Of Investments
RealizedInvestmentGainsLossesAndImpairmentOfInvestments
5908000 USD
CY2018 erie Realized Investment Gains Losses And Impairment Of Investments
RealizedInvestmentGainsLossesAndImpairmentOfInvestments
-3591000 USD
CY2017 erie Realized Investment Gains Losses And Impairment Of Investments
RealizedInvestmentGainsLossesAndImpairmentOfInvestments
1152000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
660000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-822000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2801000 USD
CY2019 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-75000 USD
CY2018 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
3047000 USD
CY2017 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-98000 USD
CY2019 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-1203000 USD
CY2018 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-5601000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
30804000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
39788000 USD
CY2019 us-gaap Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
170000 USD
CY2018 us-gaap Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
-1590000 USD
CY2017 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-7038000 USD
CY2019 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
-1541000 USD
CY2017 us-gaap Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
516000 USD
CY2019 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-7700000 USD
CY2018 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-21738000 USD
CY2017 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
24640000 USD
CY2019 us-gaap Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
28798000 USD
CY2018 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
-3886000 USD
CY2017 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
-2681000 USD
CY2019 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
1931000 USD
CY2018 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
7173000 USD
CY2017 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
5128000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
19505000 USD
CY2018 us-gaap Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
-47335000 USD
CY2017 us-gaap Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
-27265000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
11338000 USD
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
727000 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
7636000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-3627000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
11039000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
17183000 USD
CY2019 us-gaap Increase Decrease In Reserve For Commissions Expense And Taxes
IncreaseDecreaseInReserveForCommissionsExpenseAndTaxes
-21390000 USD
CY2018 us-gaap Increase Decrease In Reserve For Commissions Expense And Taxes
IncreaseDecreaseInReserveForCommissionsExpenseAndTaxes
-13449000 USD
CY2017 us-gaap Increase Decrease In Reserve For Commissions Expense And Taxes
IncreaseDecreaseInReserveForCommissionsExpenseAndTaxes
-17565000 USD
CY2019 erie Increase Decrease In Accrued Agent Bonuses
IncreaseDecreaseInAccruedAgentBonuses
-7409000 USD
CY2018 erie Increase Decrease In Accrued Agent Bonuses
IncreaseDecreaseInAccruedAgentBonuses
-19066000 USD
CY2017 erie Increase Decrease In Accrued Agent Bonuses
IncreaseDecreaseInAccruedAgentBonuses
7756000 USD
CY2019 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
2646000 USD
CY2018 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
3213000 USD
CY2017 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
0 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
364527000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
263585000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
197126000 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
594106000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
647710000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
638742000 USD
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
596740000 USD
CY2019Q3 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
13606000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2477298000 USD
CY2019Q1 us-gaap Operating Expenses
OperatingExpenses
507984000 USD
CY2019Q2 us-gaap Operating Expenses
OperatingExpenses
551100000 USD
CY2019Q3 us-gaap Operating Expenses
OperatingExpenses
532835000 USD
CY2019Q4 us-gaap Operating Expenses
OperatingExpenses
528040000 USD
CY2019 us-gaap Operating Expenses
OperatingExpenses
2119959000 USD
CY2019Q1 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
9795000 USD
CY2019Q2 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
9652000 USD
CY2019Q4 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
6914000 USD
CY2019 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
39967000 USD
CY2019Q1 erie Interest Expenseand Other Nonoperating Income Expense Net
InterestExpenseandOtherNonoperatingIncomeExpenseNet
402000 USD
CY2019Q2 erie Interest Expenseand Other Nonoperating Income Expense Net
InterestExpenseandOtherNonoperatingIncomeExpenseNet
224000 USD
CY2019Q3 erie Interest Expenseand Other Nonoperating Income Expense Net
InterestExpenseandOtherNonoperatingIncomeExpenseNet
11000 USD
CY2019Q4 erie Interest Expenseand Other Nonoperating Income Expense Net
InterestExpenseandOtherNonoperatingIncomeExpenseNet
-36000 USD
CY2019 erie Interest Expenseand Other Nonoperating Income Expense Net
InterestExpenseandOtherNonoperatingIncomeExpenseNet
601000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
95515000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
106038000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
119502000 USD
CY2019Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
75650000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
396705000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
75311000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
87754000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
94169000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
59587000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
316821000 USD
CY2018Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
572160000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
621458000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
612126000 USD
CY2018Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
576468000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2382212000 USD
CY2018Q1 us-gaap Operating Expenses
OperatingExpenses
494593000 USD
CY2018Q2 us-gaap Operating Expenses
OperatingExpenses
526135000 USD
CY2018Q3 us-gaap Operating Expenses
OperatingExpenses
515431000 USD
CY2018Q4 us-gaap Operating Expenses
OperatingExpenses
501710000 USD
CY2018 us-gaap Operating Expenses
OperatingExpenses
2037869000 USD
CY2018Q1 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
6163000 USD
CY2018Q2 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
6207000 USD
CY2018Q3 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
8431000 USD
CY2018Q4 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
4995000 USD
CY2018 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
25796000 USD
CY2018Q1 erie Interest Expenseand Other Nonoperating Income Expense Net
InterestExpenseandOtherNonoperatingIncomeExpenseNet
509000 USD
CY2018Q2 erie Interest Expenseand Other Nonoperating Income Expense Net
InterestExpenseandOtherNonoperatingIncomeExpenseNet
544000 USD
CY2018Q3 erie Interest Expenseand Other Nonoperating Income Expense Net
InterestExpenseandOtherNonoperatingIncomeExpenseNet
655000 USD
CY2018Q4 erie Interest Expenseand Other Nonoperating Income Expense Net
InterestExpenseandOtherNonoperatingIncomeExpenseNet
-2889000 USD
CY2018 erie Interest Expenseand Other Nonoperating Income Expense Net
InterestExpenseandOtherNonoperatingIncomeExpenseNet
-1181000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
83221000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
100986000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
104471000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
80446000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
62314000 USD
CY2018Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
82642000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
371320000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
65758000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
79706000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
288224000 USD
CY2018Q4 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
3400000 USD

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