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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Net premiums earned $ 888,776 $ 833,959 $ 1,759,021 $ 1,642,043
Net investment income 35,032 34,786 69,206 66,296
Net realized investment gains (losses) 53,329 14,290 164,403 (44,445)
Other 2,350 2,356 4,600 4,681
Total revenues 979,487 885,391 1,997,230 1,668,575
Expenses:        
Losses and loss adjustment expenses 656,577 605,547 1,286,993 1,237,781
Policy acquisition costs 148,629 141,520 297,042 282,504
Other operating expenses 68,420 60,822 135,909 126,221
Interest 4,266 4,256 8,522 8,522
Total expenses 877,892 812,145 1,728,466 1,655,028
Income before income taxes 101,595 73,246 268,764 13,547
Income tax expense (benefit) 18,345 13,066 49,647 (4,026)
Net income $ 83,250 $ 60,180 $ 219,117 $ 17,573
Net income per share:        
Basic (in dollars per share) $ 1.50 $ 1.09 $ 3.96 $ 0.32
Diluted (in dollars per share) $ 1.50 $ 1.09 $ 3.96 $ 0.32
Weighted average shares outstanding:        
Basic (in shares) 55,353 55,332 55,347 55,332
Diluted (in shares) 55,363 55,335 55,356 55,335