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Consolidated Statements of Operations (unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues        
Net earned premiums $ 2,032.7 $ 1,338.3 $ 3,937.1 $ 2,463.2
Fees and other income 336.1 354.2 664.4 718.7
Net investment income 154.2 135.6 320.5 265.8
Net realized gains (losses) on investments, excluding other-than-temporary impairment losses 18.4 (11.4) 47.5 (10.9)
Other-than-temporary impairment losses recognized in earnings (0.6) 0.0 (0.9) 0.0
Amortization of deferred gains on disposal of businesses 4.7 15.0 12.5 33.5
Total revenues 2,545.5 1,831.7 4,981.1 3,470.3
Benefits, losses and expenses        
Policyholder benefits 687.0 490.6 1,301.7 905.2
Amortization of deferred acquisition costs and value of business acquired 815.8 463.2 1,593.1 809.6
Underwriting, general and administrative expenses 832.9 773.6 1,633.0 1,493.2
Interest expense 26.5 26.0 53.0 47.5
Total benefits, losses and expenses 2,362.2 1,753.4 4,580.8 3,255.5
Income before provision for income taxes 183.3 78.3 400.3 214.8
Provision for income taxes 40.7 11.3 89.1 41.8
Net income 142.6 67.0 311.2 173.0
Less: Net loss (income) attributable to non-controlling interests 1.5 0.0 (1.4) 0.0
Net income attributable to stockholders 144.1 67.0 309.8 173.0
Less: Preferred stock dividends (4.6) (4.8) (9.3) (4.8)
Net income attributable to common stockholders $ 139.5 $ 62.2 $ 300.5 $ 168.2
Earnings Per Common Share        
Basic (in dollars per share) $ 2.24 $ 1.09 $ 4.82 $ 3.05
Diluted (in dollars per share) $ 2.21 $ 1.09 $ 4.73 $ 3.02
Share Data        
Weighted average common shares outstanding used in basic per common share calculations (in shares) 62,222,090 57,060,313 62,407,429 55,125,584
Plus: Dilutive securities (in shares) 3,066,357 204,095 3,153,501 2,147,844
Weighted average common shares used in diluted earnings per common share calculations (in shares) 65,288,447 57,264,408 65,560,930 57,273,428