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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Gross premiums written $ 142,201 $ 124,247
Net premiums written 123,416 107,870
Net premiums earned 122,089 108,002
Net investment income 7,219 11,404
Net realized investment gains (losses):    
Other than temporary impairment losses on investments (1,897) 0
Other net realized investment gains (losses) 12,287 (316)
Total net realized investment gains (losses) 10,390 (316)
Other income 488 554
Total revenues 140,186 119,644
Losses and Expenses:    
Net losses and loss adjustment expenses 58,321 56,072
Acquisition costs and other underwriting expenses 49,743 45,003
Corporate and other operating expenses 3,205 9,260
Interest expense 5,023 4,861
Income before income taxes 23,894 4,448
Income tax expense (benefit) 4,294 (1,253)
Net income $ 19,600 $ 5,701
Net income    
Basic $ 1.38 $ 0.41
Diluted $ 1.37 $ 0.40
Weighted-average number of shares outstanding    
Basic 14,153,918 14,055,022
Diluted 14,315,091 14,285,837
Cash dividends declared per share $ 0.25 $ 0.25