$RLI
RLI CORP

2014 Q2 Form 10-Q Financial Statement

#000110465914053940 Filed on July 28, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2013 Q4 2013 Q2
Revenue $193.0M $13.43M $171.1M
YoY Change 12.78% -7.31% 9.89%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $2.500M $2.500M $1.700M
YoY Change 47.06% 25.0% -5.56%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $13.53M $141.3M $11.89M
YoY Change 13.87% 0.07% 10.22%
Operating Profit
YoY Change
Interest Expense $4.000M -$3.300M $3.100M
YoY Change 29.03% 106.25% 19.23%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $52.42M $40.81M $43.58M
YoY Change 20.3% 42.82% 19.16%
Income Tax $16.70M $7.000M $13.67M
% Of Pretax Income 31.85% 17.15% 31.38%
Net Earnings $35.70M $33.90M $29.90M
YoY Change 19.4% 35.06% 21.05%
Net Earnings / Revenue 18.5% 252.38% 17.47%
Basic Earnings Per Share $0.83 $0.79 $0.70
Diluted Earnings Per Share $0.82 $0.77 $0.69
COMMON SHARES
Basic Shares Outstanding 42.99M shares 21.45M shares 42.63M shares
Diluted Shares Outstanding 43.69M shares 43.34M shares

Balance Sheet

Concept 2014 Q2 2013 Q4 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $27.23M $39.47M $12.76M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $42.94M $40.26M $34.49M
YoY Change 24.48% 43.86% 66.62%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $64.49M $49.79M $60.00M
YoY Change 7.47% -4.48% -96.9%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $2.909B $2.740B $2.676B
YoY Change 8.72% 3.62% -0.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $40.20M $59.60M $34.90M
YoY Change 15.19% 19.44% -5.42%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $40.20M $59.60M $34.90M
YoY Change 15.19% 19.44% -5.42%
LONG-TERM LIABILITIES
Long-Term Debt $149.6M $149.6M $100.0M
YoY Change 49.6% 49.6% 0.0%
Other Long-Term Liabilities $24.50M $13.90M $24.20M
YoY Change 1.24% -2.8% -17.69%
Total Long-Term Liabilities $174.1M $163.5M $124.2M
YoY Change 40.18% 43.04% -4.02%
TOTAL LIABILITIES
Total Short-Term Liabilities $40.20M $59.60M $34.90M
Total Long-Term Liabilities $174.1M $163.5M $124.2M
Total Liabilities $1.990B $1.911B $1.851B
YoY Change 7.49% 3.41% 0.83%
SHAREHOLDERS EQUITY
Retained Earnings $861.0M $811.3M $818.9M
YoY Change 5.14% 4.26%
Common Stock $277.7M $274.6M $271.5M
YoY Change 2.29% 2.47%
Preferred Stock
YoY Change
Treasury Stock (at cost) $404.6M $404.6M $403.3M
YoY Change 0.32% 0.11%
Treasury Stock Shares 22.93M shares 22.93M shares 11.47M shares
Shareholders Equity $919.4M $829.0M $824.6M
YoY Change
Total Liabilities & Shareholders Equity $2.909B $2.740B $2.676B
YoY Change 8.72% 3.62% -0.51%

Cashflow Statement

Concept 2014 Q2 2013 Q4 2013 Q2
OPERATING ACTIVITIES
Net Income $35.70M $33.90M $29.90M
YoY Change 19.4% 35.06% 21.05%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $40.50M $53.30M $33.10M
YoY Change 22.36% 131.74% -214.53%
INVESTING ACTIVITIES
Capital Expenditures -$2.000M -$14.60M -$3.900M
YoY Change -48.72% 97.3% 62.5%
Acquisitions
YoY Change
Other Investing Activities -$26.10M -$64.90M -$33.50M
YoY Change -22.09% -159.76% 2292.86%
Cash From Investing Activities -$28.10M -$79.60M -$37.40M
YoY Change -24.87% -178.66% 910.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.800M -21.60M -5.300M
YoY Change 9.43% -80.59% -5.36%
NET CHANGE
Cash From Operating Activities 40.50M 53.30M 33.10M
Cash From Investing Activities -28.10M -79.60M -37.40M
Cash From Financing Activities -5.800M -21.60M -5.300M
Net Change In Cash 6.600M -47.90M -9.600M
YoY Change -168.75% -471.32% -74.87%
FREE CASH FLOW
Cash From Operating Activities $40.50M $53.30M $33.10M
Capital Expenditures -$2.000M -$14.60M -$3.900M
Free Cash Flow $42.50M $67.90M $37.00M
YoY Change 14.86% 123.36% -239.62%

Facts In Submission

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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
22.23
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
25.0
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
35.79
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
16.98
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
25.47
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1139000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
5942000 USD
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
51232000 USD
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
41315000 USD
CY2014Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
30894000 USD
CY2013Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
27095000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
7.76
CY2014Q2 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
650000 USD
CY2014Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1200000 USD
CY2013Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1000000 USD
CY2013Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
300000 USD
CY2014Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
400000 USD
CY2014Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
5900000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
6.49
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0170 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0074 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0194 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0200 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.2322 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.2541 pure
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y2M5D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y2M23D
CY2014Q2 us-gaap Reinsurance Receivables Incurred But Not Reported Claims
ReinsuranceReceivablesIncurredButNotReportedClaims
339104000 USD
CY2014Q2 us-gaap Premiums Earned Net Property And Casualty
PremiumsEarnedNetPropertyAndCasualty
168604000 USD
CY2013Q2 us-gaap Premiums Earned Net Property And Casualty
PremiumsEarnedNetPropertyAndCasualty
154553000 USD
us-gaap Premiums Earned Net Property And Casualty
PremiumsEarnedNetPropertyAndCasualty
329736000 USD
us-gaap Premiums Earned Net Property And Casualty
PremiumsEarnedNetPropertyAndCasualty
298704000 USD
CY2014Q2 us-gaap Realized Gain Loss On Marketable Securities Cost Method Investments And Other Investments
RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
10431000 USD
CY2014Q2 us-gaap Revenues
Revenues
193017000 USD
CY2013Q2 us-gaap Revenues
Revenues
171142000 USD
us-gaap Revenues
Revenues
374232000 USD
us-gaap Revenues
Revenues
331863000 USD
CY2014Q2 us-gaap Underwriting Income Loss
UnderwritingIncomeLoss
26569000 USD
CY2013Q2 us-gaap Underwriting Income Loss
UnderwritingIncomeLoss
25559000 USD
us-gaap Underwriting Income Loss
UnderwritingIncomeLoss
49101000 USD
us-gaap Underwriting Income Loss
UnderwritingIncomeLoss
45357000 USD
CY2014Q2 us-gaap Net Investment Income
NetInvestmentIncome
13982000 USD
CY2013Q2 us-gaap Net Investment Income
NetInvestmentIncome
12847000 USD
us-gaap Net Investment Income
NetInvestmentIncome
27564000 USD
us-gaap Net Investment Income
NetInvestmentIncome
25733000 USD
CY2013Q2 us-gaap Realized Gain Loss On Marketable Securities Cost Method Investments And Other Investments
RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
3742000 USD
us-gaap Realized Gain Loss On Marketable Securities Cost Method Investments And Other Investments
RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
16932000 USD
us-gaap Realized Gain Loss On Marketable Securities Cost Method Investments And Other Investments
RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
7426000 USD
CY2014Q2 rli Other General And Interest Expenses
OtherGeneralAndInterestExpenses
4423000 USD
CY2013Q2 rli Other General And Interest Expenses
OtherGeneralAndInterestExpenses
3205000 USD
rli Other General And Interest Expenses
OtherGeneralAndInterestExpenses
8472000 USD
rli Other General And Interest Expenses
OtherGeneralAndInterestExpenses
7103000 USD
CY2014Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
5864000 USD
CY2013Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
4633000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
9289000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
8132000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
52423000 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
43576000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
94414000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
79545000 USD
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16698000 USD
CY2013Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13674000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
29720000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24796000 USD
CY2014Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
35725000 USD
CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
29902000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
64694000 USD
CY2013Q2 us-gaap Incurred Claims Property Casualty And Liability
IncurredClaimsPropertyCasualtyAndLiability
65607000 USD
CY2013Q2 rli Policy Acquisition Cost Amortization Expense And Direct Period Costs
PolicyAcquisitionCostAmortizationExpenseAndDirectPeriodCosts
51502000 USD
CY2013Q2 us-gaap Operating Expenses
OperatingExpenses
11885000 USD
CY2013Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
1513000 USD
CY2013Q2 us-gaap Other General Expense
OtherGeneralExpense
1692000 USD
CY2013Q2 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
132199000 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-33481000 USD
CY2013Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-3579000 USD
CY2013Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.17
CY2013Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1440052000 USD
CY2013Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
651000 USD
CY2013Q4 us-gaap Marketable Securities Equity Securities
MarketableSecuritiesEquitySecurities
418654000 USD
CY2013Q4 us-gaap Other Short Term Investments
OtherShortTermInvestments
23232000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
39469000 USD
CY2013Q4 us-gaap Investments
Investments
1922058000 USD
CY2013Q4 us-gaap Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
15710000 USD
CY2013Q4 rli Premiums And Reinsurance Balances Receivable
PremiumsAndReinsuranceBalancesReceivable
152509000 USD
CY2013Q4 us-gaap Prepaid Reinsurance Premiums
PrepaidReinsurancePremiums
60407000 USD
CY2013Q4 us-gaap Reinsurance Receivables Incurred But Not Reported Claims
ReinsuranceReceivablesIncurredButNotReportedClaims
354924000 USD
CY2013Q4 us-gaap Deferred Policy Acquisition Costs
DeferredPolicyAcquisitionCosts
61508000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
40261000 USD
CY2013Q4 us-gaap Equity Method Investments
EquityMethodInvestments
49793000 USD
CY2013Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
74876000 USD
CY2014Q2 us-gaap Other Short Term Investments
OtherShortTermInvestments
18489000 USD
CY2014Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
27234000 USD
CY2014Q2 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0 USD
CY2014Q2 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0 USD
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1474360 shares
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
22.02
rli Policy Acquisition Cost Amortization Expense And Direct Period Costs
PolicyAcquisitionCostAmortizationExpenseAndDirectPeriodCosts
110207000 USD
us-gaap Operating Expenses
OperatingExpenses
26067000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
3725000 USD
CY2014Q2 rli Policy Acquisition Cost Amortization Expense And Direct Period Costs
PolicyAcquisitionCostAmortizationExpenseAndDirectPeriodCosts
55156000 USD
CY2014Q2 us-gaap Operating Expenses
OperatingExpenses
13534000 USD
CY2014Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
1874000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
102365000 USD
CY2014Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
55659000 USD
us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
289107000 USD
CY2014Q2 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
146458000 USD
CY2014Q2 dei Entity Registrant Name
EntityRegistrantName
RLI CORP
CY2014Q2 dei Entity Central Index Key
EntityCentralIndexKey
0000084246
CY2014Q2 dei Document Type
DocumentType
10-Q
CY2014Q2 dei Document Period End Date
DocumentPeriodEndDate
2014-06-30
CY2014Q2 dei Amendment Flag
AmendmentFlag
false
CY2014Q2 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014Q2 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2014Q2 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2014Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
43023504 shares
CY2014Q2 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014Q2 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
CY2013Q2 rli Comprehensive Earnings Per Share Basic
ComprehensiveEarningsPerShareBasic
-0.08
CY2013Q2 rli Comprehensive Earnings Per Share Diluted
ComprehensiveEarningsPerShareDiluted
-0.08
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2100000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1800000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
600000 USD
us-gaap Realized Gain Loss On Marketable Securities And Cost Method Investments Excluding Other Than Temporary Impairments And Other Investments
RealizedGainLossOnMarketableSecuritiesAndCostMethodInvestmentsExcludingOtherThanTemporaryImpairmentsAndOtherInvestments
16932000 USD
us-gaap Incurred Claims Property Casualty And Liability
IncurredClaimsPropertyCasualtyAndLiability
144361000 USD
us-gaap Other General Expense
OtherGeneralExpense
4747000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
37671000 USD
rli Comprehensive Earnings Per Share Basic
ComprehensiveEarningsPerShareBasic
2.38
rli Comprehensive Earnings Per Share Diluted
ComprehensiveEarningsPerShareDiluted
2.34
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.35
CY2014Q2 us-gaap Investments
Investments
2017457000 USD
CY2014Q2 us-gaap Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
15229000 USD
CY2014Q2 rli Premiums And Reinsurance Balances Receivable
PremiumsAndReinsuranceBalancesReceivable
203499000 USD
CY2014Q2 us-gaap Prepaid Reinsurance Premiums
PrepaidReinsurancePremiums
72396000 USD
CY2014Q2 us-gaap Deferred Policy Acquisition Costs
DeferredPolicyAcquisitionCosts
68190000 USD
CY2014Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
42935000 USD
CY2014Q2 us-gaap Equity Method Investments
EquityMethodInvestments
64487000 USD
CY2014Q2 us-gaap Assets
Assets
2908996000 USD
CY2014Q2 us-gaap Liability For Claims And Claims Adjustment Expense Property Casualty Liability
LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability
1127073000 USD
CY2014Q2 us-gaap Unearned Premiums
UnearnedPremiums
444453000 USD
CY2014Q2 us-gaap Reinsurance Payable
ReinsurancePayable
62402000 USD
CY2014Q2 rli Funds Held
FundsHeld
59398000 USD
CY2014Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
81963000 USD
CY2014Q2 us-gaap Long Term Notes Payable
LongTermNotesPayable
149604000 USD
CY2014Q2 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
40199000 USD
CY2014Q2 us-gaap Other Liabilities
OtherLiabilities
24509000 USD
CY2014Q2 us-gaap Common Stock Value
CommonStockValue
65954000 USD
CY2014Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
211774000 USD
CY2014Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
173698000 USD
CY2014Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
860968000 USD
CY2014Q2 us-gaap Common Stock Issued Employee Stock Trust
CommonStockIssuedEmployeeStockTrust
-11626000 USD
CY2014Q2 us-gaap Treasury Stock Value
TreasuryStockValue
404625000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
311402000 USD
us-gaap Proceeds From Sale Of Longterm Investments
ProceedsFromSaleOfLongtermInvestments
217403000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Longterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfLongtermInvestments
49932000 USD
us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
-15462000 USD
us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
4921000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
15046000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2760000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
350000 USD
CY2014Q2 us-gaap Realized Gain Loss On Marketable Securities And Cost Method Investments Excluding Other Than Temporary Impairments And Other Investments
RealizedGainLossOnMarketableSecuritiesAndCostMethodInvestmentsExcludingOtherThanTemporaryImpairmentsAndOtherInvestments
10431000 USD
CY2014Q2 us-gaap Incurred Claims Property Casualty And Liability
IncurredClaimsPropertyCasualtyAndLiability
73345000 USD
CY2014Q2 us-gaap Other General Expense
OtherGeneralExpense
2549000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
19934000 USD
CY2014Q2 rli Comprehensive Earnings Per Share Basic
ComprehensiveEarningsPerShareBasic
1.29
CY2014Q2 rli Comprehensive Earnings Per Share Diluted
ComprehensiveEarningsPerShareDiluted
1.27
CY2014Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.18
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
700000 USD

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