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Consolidated Statements Of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Net premiums earned $ 801,205 $ 790,850 $ 2,388,641 $ 2,337,256
Net investment income 30,988 30,371 94,058 91,440
Net realized investment gains (losses) 20,718 (15,465) 66,334 54,973
Other 5,446 2,406 9,675 6,416
Total revenues 858,357 808,162 2,558,708 2,490,085
Expenses:        
Losses and loss adjustment expenses 595,290 576,316 1,790,550 1,765,484
Policy acquisition costs 136,290 140,203 416,728 421,685
Other operating expenses 64,339 59,006 182,959 178,000
Interest 4,191 1,012 10,873 2,922
Total expenses 800,110 776,537 2,401,110 2,368,091
Income before income taxes 58,247 31,625 157,598 121,994
Income tax expense 11,762 4,695 32,500 22,868
Net income $ 46,485 $ 26,930 $ 125,098 $ 99,126
Net income per share:        
Basic (in dollars per share) $ 0.84 $ 0.49 $ 2.26 $ 1.79
Diluted (in dollars per share) $ 0.84 $ 0.49 $ 2.26 $ 1.79
Weighted average shares outstanding:        
Basic (in shares) 55,324 55,259 55,311 55,238
Diluted (in shares) 55,334 55,328 55,323 55,304
Dividends paid per share (in dollars per share) $ 0.6225 $ 0.6200 $ 1.8675 $ 1.8600