Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2012

Selected Quarterly Financial Data [Abstract]

Selected Quarterly Financial Data (Unaudited)

19. Selected Quarterly Financial Data (unaudited)

Interim results are not necessarily indicative of fiscal year performance because of the impact of seasonal and short-term variations. Selected quarterly financial data is summarized as follows (in thousands, except per share data).

	Total Revenues		Income (Loss) before Income Taxes			Net Income (Loss)			Basic and Diluted Net Income (Loss) per Share
Year Ended December 31, 2012:
December 31, 2012	$	55,079	$	175		$	96		$	0.00
September 30, 2012		59,568		3,378			3,279			0.08
June 30, 2012		57,945		(4,470	)		(4,208	)		(0.10	)
March 31, 2012		55,467		(8,128	)		(8,207	)		(0.20	)
Six Months Ended December 31, 2011:
December 31, 2011	$	49,135	$	(25,716	)	$	(25,749	)	$	(0.55	)
September 30, 2011		49,969		(3,573	)		(3,688	)		(0.08	)
Year Ended June 30, 2011:
June 30, 2011	$	53,134	$	(53,215	)	$	(53,474	)	$	(1.11	)
March 31, 2011		52,800		(1,910	)		(1,608	)		(0.03	)
December 31, 2010		51,677		(1,969	)		(2,090	)		(0.04	)
September 30, 2010		53,123		512			392			0.01

Income before income taxes for the quarter ended December 31, 2012 of $0.2 million included $4.0 million of unfavorable development in the Company’s estimate of unpaid loss and loss adjustment expenses. Loss before income taxes for the quarter ended December 31, 2011 of $25.7 million included a goodwill impairment charge of $21.1 million (see Note 1) and $4.6 million of unfavorable development in the Company’s estimate of unpaid loss and loss adjustment expenses. Loss before income taxes for the quarter ended June 30, 2011 of $53.2 million included a goodwill and intangible assets impairment charge of $52.4 million (see Note 1) and $2.1 million of favorable development in the Company’s estimate of unpaid loss and loss adjustment expenses.