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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue:        
Net premiums earned $ 60,045 $ 49,227 $ 115,042 $ 94,012
Net investment income 2,194 1,701 4,234 3,248
Net realized investment gains 7 913 934 2,617
Other income 12,818 6,949 23,814 13,849
Total revenue 75,064 58,790 144,024 113,726
Costs and expenses:        
Losses and loss adjustment expenses 47,025 23,148 76,570 47,098
Commissions and other underwriting expenses 21,044 13,630 40,896 26,324
General and administrative expenses 5,086 3,287 9,167 7,085
Interest expense 94 86 178 97
Total costs and expenses 73,249 40,151 126,811 80,604
Income before income taxes 1,815 18,639 17,213 33,122
Income taxes 697 6,755 6,492 12,465
Net income 1,118 11,884 10,721 20,657
Net income (loss) attributable to noncontrolling interest 127 150 195 (361)
Net income attributable to Federated National Holding Company shareholders $ 991 $ 11,734 $ 10,526 $ 21,018
Net income per share attributable to Federated National Holding Company shareholders:        
Basic (in dollars per share) $ 0.07 $ 0.86 $ 0.76 $ 1.54
Diluted (in dollars per share) $ 0.07 $ 0.84 $ 0.75 $ 1.50
Weighted average number of shares of common stock outstanding:        
Basic (in shares) 13,805 13,722 13,816 13,689
Diluted (in shares) 13,988 13,985 14,013 13,978
Dividends declared per share of common stock (in dollars per share) $ 0.06 $ 0.04 $ 0.11 $ 0.08