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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Net premiums written $ 191,743 $ 177,644
Decrease in unearned premiums 14,753 147
Net premiums earned 206,496 177,791
Net investment income 20,633 19,880
Realized investment gains, net 3,135 660
Other income (loss) (1,424) 2,195
Total revenues 228,840 200,526
Losses and expenses:    
Provision for losses and LAE 8,063 7,107
Other underwriting and operating expenses 41,947 41,030
Interest expense 2,132 2,670
Total losses and expenses 52,142 50,807
Income before income taxes 176,698 149,719
Income tax expense 27,175 21,999
Net income $ 149,523 $ 127,720
Earnings per share:    
Basic (in dollars per share) $ 1.53 $ 1.31
Diluted (in dollars per share) $ 1.52 $ 1.30
Weighted average shares outstanding:    
Basic (in shares) 97,949 97,595
Diluted (in shares) 98,326 98,104
Net income $ 149,523 $ 127,720
Other comprehensive income (loss):    
Change in unrealized (depreciation) appreciation of investments, net of tax (benefit) expense of ($6,979) in 2020 and $7,951 in 2019 (10,074) 38,366
Total other comprehensive income (loss) (10,074) 38,366
Comprehensive income $ 139,449 $ 166,086