The tables below summarize unaudited quarterly results of operations for 2022, 2021 and 2020.


	Three Months Ended
	03/31/22		06/30/22			09/30/22			12/31/22
Net premiums earned	$	125,763	$	124,919		$	106,972		$	105,918
Total revenue		127,040		125,926			126,654			119,943
Losses and loss adjustment expenses		72,704		86,830			139,794			72,135
Policy acquisition and other underwriting expenses		29,408		26,863			24,678			24,028
Interest expense		601		1,515			2,813			2,839
Total expenses		123,039		137,486			190,256			117,200
Income (loss) before income taxes		4,001		(11,560	)		(63,602	)		2,743
Net income (loss)		2,791		(8,542	)		(51,503	)		2,651
Comprehensive income (loss)		7		(10,171	)		(58,804	)		3,593
Earnings (loss) per share:
Basic	$	0.09	$	(1.04	)	$	(5.66	)	$	0.18
Diluted*	$	0.09	$	(1.04	)	$	(5.66	)	$	0.18

* During the quarter ended March 31, 2022, the convertible senior notes were antidilutive. During the quarters ended June 30, 2022, September 30, 2022 and December 31, 2022, the convertible senior notes, stock options and warrants were antidilutive.


	Three Months Ended
	03/31/21		06/30/21		09/30/21			12/31/21
Net premiums earned	$	87,843	$	93,004	$	94,232		$	102,224
Total revenue		94,874		101,504		99,217			112,320
Losses and loss adjustment expenses		45,751		55,917		62,664			63,193
Policy acquisition and other underwriting expenses		23,065		23,169		23,340			24,158
Interest expense		2,079		2,000		1,664			657
Total expenses		84,772		96,407		105,721			109,782
Income (loss) before income taxes		10,102		5,097		(6,504	)		2,538
Net income (loss)		6,845		3,830		(4,868	)		1,435
Comprehensive income (loss)		6,705		3,470		(5,129	)		1,128
Earnings (loss) per share:
Basic	$	0.82	$	0.25	$	(0.72	)	$	0.01
Diluted**	$	0.75	$	0.24	$	(0.72	)	$	0.01

** During the quarters ended June 30, 2021 and December 31, 2021, the convertible senior notes were antidilutive. During the quarter ended September 30, 2021, the convertible senior notes, stock options and warrants were antidilutive.


	Three Months Ended
	03/31/20			06/30/20		09/30/20		12/31/20
Net premiums earned	$	61,646		$	73,449	$	62,463	$	64,902
Total revenue		55,380			80,717		104,027		70,313
Losses and loss adjustment expenses		28,078			39,843		51,743		40,372
Policy acquisition and other underwriting expenses		11,826			12,991		14,210		14,832
Interest expense		2,970			3,020		2,856		2,888
Total expenses		54,723			68,894		82,491		67,401
Income before income taxes		657			11,823		21,536		2,912
Net income		547			8,936		15,390		2,707
Comprehensive (loss) income		(1,585	)		10,286		15,634		2,611
Earnings per share:
Basic	$	0.07		$	1.16	$	1.97	$	0.35
Diluted***	$	0.07		$	1.08	$	1.68	$	0.35

*** During the quarters ended March 31, 2020 and December 31, 2020, the convertible senior notes were antidilutive.