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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Net premiums earned $ 926,820 $ 811,898 $ 1,842,741 $ 1,734,471
Net investment income 30,953 34,166 63,232 68,661
Net realized investment gains (losses) 58,805 158,426 100,496 (92,894)
Other 2,197 1,353 5,402 3,915
Total revenues 1,018,775 1,005,843 2,011,871 1,714,153
Expenses:        
Losses and loss adjustment expenses 657,228 495,300 1,283,572 1,146,970
Policy acquisition costs 150,984 149,706 315,414 306,240
Other operating expenses 70,927 71,103 136,485 147,660
Interest 4,235 4,268 8,577 8,523
Total expenses 883,374 720,377 1,744,048 1,609,393
Income before income taxes 135,401 285,466 267,823 104,760
Income tax expense 26,220 57,255 51,647 15,753
Net income $ 109,181 $ 228,211 $ 216,176 $ 89,007
Net income per share:        
Basic (in dollars per share) $ 1.97 $ 4.12 $ 3.90 $ 1.61
Diluted (in dollars per share) $ 1.97 $ 4.12 $ 3.90 $ 1.61
Weighted average shares outstanding:        
Basic (in shares) 55,371 55,358 55,366 55,358
Diluted (in shares) 55,376 55,358 55,375 55,358