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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues        
Direct premiums and escrow fees $ 625,652 $ 564,396 $ 1,772,581 $ 1,529,391
Agent premiums 576,450 496,887 1,495,879 1,341,020
Information and other 162,671 161,227 479,849 464,572
Net investment income 22,272 22,828 70,694 64,254
Net realized investment (losses) gains (3,130) 14,392 (215) 23,261
Total revenues 1,383,915 1,259,730 3,818,788 3,422,498
Expenses        
Personnel costs 400,884 365,304 1,155,500 1,045,955
Premiums retained by agents 462,087 395,324 1,199,375 1,070,260
Other operating expenses 220,623 219,536 652,290 622,024
Provision for policy losses and other claims 139,126 119,390 363,550 337,739
Depreciation and amortization 21,072 24,127 63,389 63,879
Premium taxes 17,439 15,427 46,920 41,971
Interest 7,288 4,670 21,798 13,007
Total expenses 1,268,519 1,143,778 3,502,822 3,194,835
Income before income taxes 115,396 115,952 315,966 227,663
Income taxes 39,637 35,015 108,831 74,186
Net income 75,759 80,937 207,135 153,477
Less: Net income attributable to noncontrolling interests 217 232 615 454
Net income attributable to the Company $ 75,542 $ 80,705 $ 206,520 $ 153,023
Net income per share attributable to the Company's stockholders (Note 8):        
Basic $ 0.69 $ 0.75 $ 1.91 $ 1.43
Diluted 0.69 0.74 1.88 1.41
Cash dividends declared per share $ 0.25 $ 0.24 $ 0.75 $ 0.60
Weighted-average common shares outstanding (Note 8):        
Basic 108,647 107,136 108,284 106,727
Diluted 110,004 108,863 109,706 108,546