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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Net premiums earned $ 83,557 $ 83,554 $ 165,666 $ 165,214
Net investment income 2,978 2,560 5,921 4,878
Net realized and unrealized investment gains (losses) 208 2,648 (844) 2,543
Direct written policy fees 3,313 4,807 6,889 9,519
Other income 5,686 4,590 11,187 9,059
Total revenues 95,742 98,159 188,819 191,213
Costs and expenses:        
Losses and loss adjustment expenses 47,570 56,417 93,641 113,316
Commissions and other underwriting expenses 29,873 30,929 60,094 58,497
General and administrative expenses 5,260 5,076 11,345 9,695
Interest expense 1,023 82 2,107 166
Total costs and expenses 83,726 92,504 167,187 181,674
Income (loss) before income taxes 12,016 5,655 21,632 9,539
Income tax expense (benefit) 3,196 1,988 5,567 3,423
Net income (loss) 8,820 3,667 16,065 6,116
Net income (loss) attributable to non-controlling interest 0 (328) (218) (301)
Net income (loss) attributable to FedNat Holding Company shareholders $ 8,820 $ 3,995 $ 16,283 $ 6,417
Net (loss) income per share attributable to Federated National Holding Company shareholders:        
Basic (in dollars per share) $ 0.69 $ 0.30 $ 1.27 $ 0.48
Diluted (in dollars per share) $ 0.69 $ 0.30 $ 1.26 $ 0.48
Weighted average number of shares of common stock outstanding:        
Basic (in shares) 12,726 13,171 12,788 13,305
Diluted (in shares) 12,846 13,256 12,889 13,405
Dividends declared per share of common stock (in dollars per share) $ 0.08 $ 0.08 $ 0.16 $ 0.16