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Consolidated Statements of Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Gross Written Premiums $ 402,038 $ 374,930 $ 1,304,522 $ 1,201,372
Revenues:        
Net Written Premiums 296,016 277,001 966,461 903,356
Change in Unearned Premiums 5,339 7,009 (85,140) (86,996)
Net Earned Premiums 301,355 284,010 881,321 816,360
Net Investment Income 22,598 19,875 66,311 59,344
Total Other-Than-Temporary Impairment Losses (957) 23 (2,005) (248)
Portion of Loss Recognized in Other Comprehensive Income (Before Tax) (15) (23) (60) 98
Net Other-Than-Temporary Impairment Losses Recognized in Earnings (972) 0 (2,065) (150)
Net Realized Gains 5,190 1,586 7,933 5,143
Other Income (Loss) (1,699) (183) (1,042) 6,796
Total Revenues 326,472 305,288 952,458 887,493
Expenses:        
Net Losses and Loss Adjustment Expenses 276,171 172,793 622,881 492,955
Commission Expenses 45,509 42,611 141,526 120,891
Other Operating Expenses 45,773 56,137 165,077 176,020
Interest Expense 3,862 3,859 11,584 11,575
Total Expenses 371,315 275,400 941,068 801,441
Income (Loss) Before Income Taxes (44,843) 29,888 11,390 86,052
Income Tax Expense (Benefit) (16,864) 7,875 (2,243) 24,917
Net Income (Loss) $ (27,979) $ 22,013 $ 13,633 $ 61,135
Net Income (Loss) per Common Share:        
Basic [1] $ (0.95) $ 0.76 $ 0.46 $ 2.10
Diluted [1] $ (0.95) $ 0.73 $ 0.45 $ 2.04
Average common shares outstanding:        
Basic [1] 29,500 29,115 29,419 29,058
Diluted [1] 29,500 30,141 30,006 29,997
Cash Dividends Declared per Common Share $ 0.06 $ 0.045 $ 0.165 $ 0.09
[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.