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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues:        
Net premiums earned $ 87,374 $ 98,493 $ 268,464 $ 264,159
Net investment income 4,068 3,137 12,037 9,058
Net realized and unrealized investment gains (losses) 794 1,760 5,050 916
Direct written policy fees 2,514 3,796 7,308 10,685
Other income 4,726 3,646 13,115 14,833
Total revenues 99,476 110,832 305,974 299,651
Costs and expenses:        
Losses and loss adjustment expenses 62,105 62,457 194,284 156,098
Commissions and other underwriting expenses 24,854 31,373 75,650 91,467
General and administrative expenses 5,246 5,000 17,336 16,345
Interest expense 1,894 1,032 8,860 3,139
Total costs and expenses 94,099 99,862 296,130 267,049
Income (loss) before income taxes 5,377 10,970 9,844 32,602
Income tax expense (benefit) 718 3,020 1,940 8,587
Net income (loss) 4,659 7,950 7,904 24,015
Net income (loss) attributable to non-controlling interest 0 0 0 (218)
Net income (loss) attributable to FedNat Holding Company shareholders $ 4,659 $ 7,950 $ 7,904 $ 24,233
Net Income (Loss) Per Common Share        
Basic (in dollars per share) $ 0.36 $ 0.62 $ 0.62 $ 1.90
Diluted (in dollars per share) $ 0.36 $ 0.62 $ 0.61 $ 1.88
Weighted Average Number of Shares of Common Stock Outstanding        
Basic (in shares) 12,854 12,749 12,831 12,775
Diluted (in shares) 12,897 12,870 12,880 12,866
Dividends declared per share of common stock (in dollars per share) $ 0.08 $ 0 $ 0.24 $ 0.16