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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:        
Net premiums earned $ 507,390 $ 462,639 $ 1,473,822 $ 1,382,759
Net investment income earned 32,061 34,292 91,208 106,600
Net realized gains:        
Net realized investment gains 1,590 15,231 23,598 28,370
Other-than-temporary impairments (1,282) 0 (7,827) (1,382)
Total net realized gains 308 15,231 15,771 26,988
Other income 698 3,196 5,521 14,931
Total revenues 540,457 515,358 1,586,322 1,531,278
Expenses:        
Loss and loss expense incurred 285,161 270,932 861,721 889,273
Policy acquisition costs 174,802 158,101 509,295 462,540
Interest expense 5,489 5,558 16,458 16,544
Other expenses 9,166 5,441 29,954 22,990
Total expenses 474,618 440,032 1,417,428 1,391,347
Income before federal income tax 65,839 75,326 168,894 139,931
Federal income tax expense:        
Current 9,141 7,373 29,128 22,692
Deferred 9,702 14,791 19,294 16,762
Total federal income tax expense 18,843 22,164 48,422 39,454
Net income $ 46,996 $ 53,162 $ 120,472 $ 100,477
Earnings per share:        
Basic net income $ 0.82 $ 0.94 $ 2.11 $ 1.79
Diluted net income 0.81 0.93 2.08 1.75
Dividends to stockholders $ 0.14 $ 0.13 $ 0.42 $ 0.39