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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
6 Months Ended 12 Months Ended
Dec. 31, 2011
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2009
Revenues:        
Premiums earned $ 80,637 $ 173,041 $ 187,046 $ 224,113
Commission and fee income 14,769 29,483 28,852 31,759
Investment income 3,930 8,395 7,958 9,504
Net realized gains (losses) on investments, available-for-sale (232) (185) (683) 89
Total revenues 99,104 210,734 223,173 265,465
Costs and expenses:        
Losses and loss adjustment expenses 65,753 129,167 126,995 149,277
Insurance operating expenses 38,154 77,822 79,833 87,124
Other operating expenses 494 1,369 2,233 1,307
Litigation settlement   (9) (361) 1,570
Stock-based compensation 171 998 1,048 2,053
Depreciation and amortization 751 1,605 2,013 1,910
Interest expense 1,980 3,930 3,931 4,138
Goodwill and intangible assets impairment 21,090 52,434   67,990
Total costs and expenses 128,393 267,316 215,692 315,369
Income (loss) before income taxes (29,289) (56,582) 7,481 (49,904)
Provision for income taxes 148 198 441 18,396
Net income (loss) (29,437) (56,780) 7,040 (68,300)
Net income (loss) per share:        
Basic $ (0.62) $ (1.18) $ 0.15 $ (1.43)
Diluted $ (0.62) $ (1.18) $ 0.15 $ (1.43)
Number of shares used to calculate net income (loss) per share:        
Basic 47,707 48,171 47,961 47,664
Diluted 47,707 48,171 48,418 47,664
Reconciliation of net income (loss) to comprehensive income (loss):        
Net income (loss) (29,437) (56,780) 7,040 (68,300)
Unrealized change in investments 735 872 9,181 (68)
Comprehensive income (loss) before income taxes (28,702) (55,908) 16,221 (68,368)
Applicable provision for income taxes         
Comprehensive income (loss) (28,702) (55,908) 16,221 (68,368)
Detail of net realized gains (losses) on investments, available-for-sale:        
Net realized gains (losses) on sales and redemptions (105) 228 300 2,509
Other-than-temporary impairment ("OTTI") charges (49) (22) (1,446) (3,640)
Non-credit portion included in other comprehensive income (loss) 12 2 954 1,220
OTTI charges reclassified from other comprehensive income (loss) (90) (393) (491)  
OTTI charges recognized in net income (loss) (127) (413) (983) (2,420)
Net realized gains (losses) on investments, available-for-sale $ (232) $ (185) $ (683) $ 89