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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenue:        
Net premiums earned $ 69,405 $ 62,286 $ 184,447 $ 156,298
Net investment income 2,164 1,907 6,398 5,154
Net realized investment gains 1,126 1,126 2,060 3,743
Other income 11,095 7,280 34,909 21,130
Total revenue 83,790 72,599 227,814 186,325
Costs and expenses:        
Losses and loss adjustment expenses 43,613 28,412 120,183 75,510
Commissions and other underwriting expenses 34,512 21,610 75,408 47,934
General and administrative expenses 4,044 4,887 13,211 11,973
Interest expense 81 65 259 161
Total costs and expenses 82,250 54,974 209,061 135,578
Income before income taxes 1,540 17,625 18,753 50,747
Income taxes 102 7,054 6,594 19,519
Net income 1,438 10,571 12,159 31,228
Net income (loss) attributable to noncontrolling interest 44 (22) 239 (383)
Net income attributable to Federated National Holding Company shareholders $ 1,394 $ 10,593 $ 11,920 $ 31,611
Net income per share attributable to Federated National Holding Company shareholders:        
Basic (in dollars per share) $ 0.10 $ 0.77 $ 0.86 $ 2.31
Diluted (in dollars per share) $ 0.10 $ 0.76 $ 0.85 $ 2.26
Weighted average number of shares of common stock outstanding:        
Basic (in shares) 13,780,000 13,749,000 13,807,000 13,710,000
Diluted (in shares) 13,943,000 13,977,000 13,999,000 13,978,000
Dividends declared per share of common stock (in dollars per share) $ 0.08 $ 0.04 $ 0.17 $ 0.13