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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]    
Gross written premiums $ 450,305 $ 413,877
Revenues:    
Net written premiums 337,163 319,820
Change in unearned premiums (51,032) (55,462)
Net earned premiums 286,131 264,358
Net investment income 21,448 19,594
Total other-than-temporary impairment losses (1,077) (109)
Portion of loss recognized in other comprehensive income (before tax) (16) 109
Net other-than-temporary impairment losses recognized in earnings (1,093) 0
Net realized gains 1,049 1,597
Other income 1,068 2,549
Total revenues 308,603 288,098
Expenses:    
Net losses and loss adjustment expenses 169,600 152,956
Commission expenses 47,844 37,554
Other operating expenses 58,538 60,809
Interest expense 3,861 3,858
Total expenses 279,843 255,177
Income before income taxes 28,760 32,921
Income tax expense 7,650 9,989
Net income $ 21,110 $ 22,932
Net income per common share:    
Basic [1] $ 0.72 $ 0.79
Diluted [1] $ 0.70 $ 0.77
Average common shares outstanding:    
Basic [1] 29,283 28,984
Diluted [1] 30,000 29,783
Cash dividends declared per common share $ 0.045 $ 0
[1] We completed a two-for-one stock split on January 20, 2017. All share and per share data prior to January 20, 2017 has been retroactively restated on a post-split basis.