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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues:        
Net premiums earned $ 731,546 $ 697,889 $ 1,452,283 $ 1,381,590
Net investment income 31,697 30,850 63,203 61,092
Net realized investment (losses) gains (39,348) 76,190 (49,309) 122,902
Other 2,276 2,090 4,542 4,391
Total revenues 726,171 807,019 1,470,719 1,569,975
Expenses:        
Losses and loss adjustment expenses 521,214 483,043 1,035,614 959,646
Policy acquisition costs 135,140 133,060 268,987 262,874
Other operating expenses 64,537 53,792 130,229 107,796
Interest 769 688 1,519 1,193
Total expenses 721,660 670,583 1,436,349 1,331,509
Income before income taxes 4,511 136,436 34,370 238,466
Income tax (benefit) expense (5,128) 41,476 (1,434) 70,857
Net income $ 9,639 $ 94,960 $ 35,804 $ 167,609
Net income per share:        
Basic (in dollars per share) $ 0.17 $ 1.73 $ 0.65 $ 3.05
Diluted (in dollars per share) $ 0.17 $ 1.73 $ 0.65 $ 3.05
Weighted average shares outstanding:        
Basic (in shares) 55,160 54,978 55,149 54,977
Diluted (in shares) 55,179 54,989 55,169 54,988
Dividends paid per share (in dollars per share) $ 0.6175 $ 0.6150 $ 1.235 $ 1.2300