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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues        
Net earned premiums $ 195,524 $ 190,712 $ 578,059 $ 563,759
Net investment income 9,503 8,967 28,313 28,235
Earnings from partnership investments 351 802 1,233 3,089
Net realized gains on investments 2,717 4,891 4,826 4,928
Net impairment losses on investments (a) (256)   (256) (429)
Finance and other service income 4,690 4,713 13,373 13,282
Total revenue 212,529 210,085 625,548 612,864
Expenses        
Losses and loss adjustment expenses 123,792 124,961 369,271 366,084
Underwriting, operating and related expenses 62,994 58,406 183,643 171,876
Interest expense 22 22 67 67
Total expenses 186,808 183,389 552,981 538,027
Income before income taxes 25,721 26,696 72,567 74,837
Income tax expense 7,767 8,099 21,489 22,205
Net income $ 17,954 $ 18,597 $ 51,078 $ 52,632
Earnings per weighted average common share:        
Basic (in dollars per share) $ 1.19 $ 1.24 $ 3.38 $ 3.50
Diluted (in dollars per share) 1.18 1.23 3.36 3.48
Cash dividends paid per common share (in dollars per share) $ 0.80 $ 0.70 $ 2.20 $ 2.10
Number of shares used in computing earnings per share:        
Basic (in shares) 15,021,189 14,960,516 15,007,221 14,941,732
Diluted (in shares) 15,161,962 15,076,635 15,124,044 15,018,124