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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues        
Direct premiums and escrow fees $ 661,582 $ 641,080 $ 1,205,460 $ 1,168,089
Agent premiums 559,004 554,028 1,086,718 1,128,610
Information and other 208,752 201,851 397,410 384,360
Net investment income 56,334 39,609 99,126 72,649
Net realized investment gains (losses) 5,485 17,861 (169) 17,764
Total revenues 1,491,157 1,454,429 2,788,545 2,771,472
Expenses        
Personnel costs 448,974 436,441 862,616 843,578
Premiums retained by agents 439,550 435,771 856,187 889,697
Other operating expenses 228,935 230,791 447,415 446,193
Provision for policy losses and other claims 113,619 110,958 214,199 213,346
Depreciation and amortization 31,058 30,145 60,805 60,292
Premium taxes 17,049 17,179 33,063 32,627
Interest 10,004 8,990 19,227 17,705
Total expenses 1,289,189 1,270,275 2,493,512 2,503,438
Income before income taxes 201,968 184,154 295,033 268,034
Income taxes 46,877 62,259 63,770 88,070
Net income 155,091 121,895 231,263 179,964
Less: Net loss attributable to noncontrolling interests (49) (362) (104) (575)
Net income attributable to the Company $ 155,140 $ 122,257 $ 231,367 $ 180,539
Net income per share attributable to the Company's stockholders (Note 9):        
Basic $ 1.38 $ 1.10 $ 2.06 $ 1.62
Diluted 1.37 1.09 2.05 1.61
Cash dividends declared per share $ 0.38 $ 0.34 $ 0.76 $ 0.68
Weighted-average common shares outstanding (Note 9):        
Basic 112,556 111,549 112,406 111,374
Diluted 113,117 112,199 113,093 112,026