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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Net premiums earned (Note 8) $ 286,471 $ 281,185 $ 813,181 $ 843,863
Services revenue (Note 4) 33,943 42,509 93,945 114,565
Net investment income 36,255 42,756 115,922 130,364
Net gains (losses) on investments and other financial instruments 17,652 13,009 42,901 47,462
Other income 913 879 2,807 2,677
Total revenues 375,234 380,338 1,068,756 1,138,931
Expenses:        
Provision for losses 88,084 29,231 428,453 97,412
Policy acquisition costs 10,166 6,435 23,594 18,531
Cost of services 24,353 29,044 64,466 81,046
Other operating expenses 69,377 76,384 199,069 225,235
Interest expense 21,088 13,492 49,981 44,150
Loss on extinguishment of debt 0 5,940 0 22,738
Amortization and impairment of other acquired intangible assets 961 2,139 2,919 6,465
Total expenses 214,029 162,665 768,482 495,577
Consolidated pretax income (loss) 161,205 217,673 300,274 643,354
Income tax provision 26,102 44,235 54,661 132,229
Net income $ 135,103 $ 173,438 $ 245,613 $ 511,125
Earnings Per Share, Basic [Abstract]        
Basic net income (loss) per share $ 0.70 $ 0.85 $ 1.25 $ 2.45
Earnings Per Share, Diluted [Abstract]        
Diluted net income (loss) per share $ 0.70 $ 0.83 $ 1.25 $ 2.39
Weighted-average number of common shares outstanding—basic 193,176 203,107 196,120 208,561
Weighted-average number of common and common equivalent shares outstanding—diluted 194,156 208,691 197,247 213,963