Quarterly report pursuant to Section 13 or 15(d)

Workers' Compensation Claims (Tables)

v3.8.0.1
Workers' Compensation Claims (Tables)
9 Months Ended
Sep. 30, 2017
Text Block [Abstract]  
Summarizes Aggregate Workers' Compensation Reserve Activity

The following table summarizes the aggregate workers’ compensation reserve activity (in thousands):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Beginning balance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Workers' compensation claims liabilities

 

$

330,079

 

 

$

277,050

 

 

$

312,537

 

 

$

255,675

 

Add: claims expense accrual

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current period

 

 

39,316

 

 

 

38,094

 

 

 

112,469

 

 

 

103,875

 

Prior periods

 

 

(280

)

 

 

(999

)

 

 

4,984

 

 

 

(1,547

)

 

 

 

39,036

 

 

 

37,095

 

 

 

117,453

 

 

 

102,328

 

Less: claim payments related to

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current period

 

 

6,082

 

 

 

5,596

 

 

 

11,362

 

 

 

10,565

 

Prior periods

 

 

18,466

 

 

 

16,618

 

 

 

67,928

 

 

 

55,507

 

 

 

 

24,548

 

 

 

22,214

 

 

 

79,290

 

 

 

66,072

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Add: Change in claims incurred in excess of retention limits

 

 

118

 

 

 

 

 

 

(6,015

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Workers' compensation claims liabilities

 

$

344,685

 

 

$

291,931

 

 

$

344,685

 

 

$

291,931

 

Incurred but not reported (IBNR)

 

$

177,166

 

 

$

145,722

 

 

$

177,166

 

 

$

145,722