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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Net premiums earned $ 92,306 $ 83,557 $ 181,090 $ 165,666
Net investment income 4,259 2,978 7,969 5,921
Net realized and unrealized investment gains (losses) 1,955 208 4,256 (844)
Direct written policy fees 2,403 3,313 4,794 6,889
Other income 4,378 5,686 8,389 11,187
Total revenues 105,301 95,742 206,498 188,819
Costs and expenses:        
Losses and loss adjustment expenses 65,340 47,570 132,179 93,641
Commissions and other underwriting expenses 22,562 29,873 50,796 60,094
General and administrative expenses 5,779 5,260 12,090 11,345
Interest expense 1,915 1,023 6,966 2,107
Total costs and expenses 95,596 83,726 202,031 167,187
Income (loss) before income taxes 9,705 12,016 4,467 21,632
Income tax expense (benefit) 2,595 3,196 1,222 5,567
Net income (loss) 7,110 8,820 3,245 16,065
Net income (loss) attributable to non-controlling interest 0 0 0 (218)
Net income (loss) attributable to FedNat Holding Company shareholders $ 7,110 $ 8,820 $ 3,245 $ 16,283
Net Income (Loss) Per Common Share        
Basic (in dollars per share) $ 0.55 $ 0.69 $ 0.25 $ 1.27
Diluted (in dollars per share) $ 0.55 $ 0.69 $ 0.25 $ 1.26
Weighted Average Number of Shares of Common Stock Outstanding        
Basic (in shares) 12,844 12,726 12,820 12,788
Diluted (in shares) 12,883 12,846 12,876 12,889
Dividends declared per share of common stock (in dollars per share) $ 0.08 $ 0.08 $ 0.16 $ 0.16