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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Revenues:  
Premiums earned$ 40,505$ 43,934
Commission and fee income7,5007,276
Investment income2,0212,137
Net realized losses on investments, available-for-sale(57)(224)
Total revenues49,96953,123
Costs and expenses:  
Losses and loss adjustment expenses33,24832,057
Insurance operating expenses18,62518,508
Other operating expenses244387
Stock-based compensation91192
Depreciation and amortization344476
Interest expense990991
Total costs and expenses53,54252,611
Income (loss) before income taxes(3,573)512
Provision for income taxes115120
Net income (loss)(3,688)392
Net income (loss) per share:  
Basic and diluted$ (0.08)$ 0.01
Number of shares used to calculate net income (loss) per share:  
Basic48,22748,037
Diluted48,22748,509
Reconciliation of net income (loss) to comprehensive income (loss):  
Net income (loss)(3,688)392
Net unrealized change in investments8253,820
Comprehensive income (loss)(2,863)4,212
Detail of net realized losses on investments, available-for-sale:  
Net realized gains (losses) on sales and redemptions(26)80
Other-than-temporary impairment ("OTTI") charges (17)
Non-credit portion included in comprehensive income (loss) 2
OTTI charges reclassified from other comprehensive income (loss)(31)(289)
OTTI charges recognized in net income (loss)(31)(304)
Net realized losses on investments, available-for-sale$ (57)$ (224)