XML 73 R28.htm IDEA: XBRL DOCUMENT v2.4.0.6
Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2012
Quarterly Financial Data [Abstract]  
Quarterly Financial Data (Unaudited)
21. Quarterly Financial Data (Unaudited)

The following table represents unaudited quarterly financial data for the years ended December 31, 2012 and 2011. Financial data for the three months ended March 31, 2011, June 30, 2011, September 30, 2011 and for the three months ended December 31, 2011 have been adjusted to reflect the accounting change related to the retrospective adoption of the calculation of deferred acquisition costs. See Note 1.

 

                                 
    Three Months Ended  
  March 31     June 30     September 30     December 31  
    (In thousands, except per share amounts)  

2012

                               

Premiums earned

  $ 69,790     $ 69,733     $ 72,425     $ 78,741  

Net investment income

    6,914       6,605       6,801       6,698  

Net realized gains on investments

    1,791       137       985       66  

Total revenues

    78,654       76,637       80,374       85,583  

Income before income taxes

    11,433       4,033       9,003       12,674  

Net income

    9,561       3,445       7,121       9,226  

Earnings per share:

                               

Basic

    0.53       0.19       0.39       0.51  

Diluted

    0.52       0.19       0.38       0.50  

Comprehensive income

    9,508       3,948       8,570       8,091  
         

2011

                               

Premiums earned

  $ 60,089     $ 60,261     $ 64,454     $ 66,211  

Net investment income

    6,546       6,597       6,495       6,702  

Net realized gains on investments

    103       145       512       1,468  

Total revenues

    66,959       67,051       71,743       74,910  

Income before income taxes

    7,490       4,832       5,518       9,517  

Net income

    6,630       4,594       4,884       8,073  

Earnings per share:

                               

Basic

    0.36       0.25       0.27       0.45  

Diluted

    0.35       0.24       0.26       0.44  

Comprehensive income

    6,537       5,386       6,162       8,046