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QUARTERLY RESULTS OF OPERATIONS
12 Months Ended
Dec. 31, 2016
QUARTERLY RESULTS OF OPERATIONS [Abstract]  
QUARTERLY RESULTS OF OPERATIONS

16. QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)



The following is a summary of unaudited quarterly results of operations:







 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

First

 

Second

 

Third

 

Fourth



 

Quarter

 

Quarter

 

Quarter

 

Quarter



 

(in thousands, except per share data)

2016

 

 

 

 

 

 

 

 

 

 

 

 

Net premiums earned

 

$

54,997 

 

$

60,045 

 

$

69,405 

 

$

75,425 

Total revenue

 

$

68,960 

 

$

75,064 

 

$

83,790 

 

$

88,570 

Losses and loss adjustment expenses

 

$

29,545 

 

$

47,025 

 

$

43,613 

 

$

67,158 

Total costs and expenses

 

$

53,562 

 

$

73,249 

 

$

82,250 

 

$

104,590 

Net (loss) income attributable to Federated National Holding

  Company shareholders

 

$

9,535 

 

$

991 

 

$

1,394 

 

$

(12,116)

Net (loss) income per share - basic

 

$

0.69 

 

$

0.07 

 

$

0.10 

 

$

(0.89)



 

 

 

 

 

 

 

 

 

 

 

 

2015

 

 

 

 

 

 

 

 

 

 

 

 

Net premiums earned

 

$

44,786 

 

$

49,227 

 

$

62,286 

 

$

53,721 

Total revenue

 

$

54,936 

 

$

58,790 

 

$

72,599 

 

$

63,568 

Losses and loss adjustment expenses

 

$

23,949 

 

$

23,149 

 

$

28,412 

 

$

28,843 

Total costs and expenses

 

$

40,452 

 

$

40,151 

 

$

54,974 

 

$

49,123 

Net income attributable to Federated National Holding
  Company shareholders

 

$

9,284 

 

$

11,734 

 

$

10,593 

 

$

9,274 

Net income per share - basic

 

$

0.68 

 

$

0.86 

 

$

0.77 

 

$

0.67