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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Consolidated Statements of Operations        
Gross written premiums $ 227,196 $ 201,296 $ 718,066 $ 673,271
Net premiums earned 202,455 187,108 600,543 537,687
Net investment income 16,974 14,044 51,530 43,301
Realized investment gains, net 245 406 495 805
Other income 196 168 386 504
Total revenues 219,870 201,726 652,954 582,297
Expenses:        
Net losses and loss adjustment expenses incurred 127,196 109,976 372,644 321,763
Policy acquisition expenses 45,953 44,195 138,059 125,819
General and administrative expenses 25,967 25,051 79,189 75,153
Interest expense 3,216 3,092 9,725 9,207
Other expense 7,162   14,332  
Total expenses 209,494 182,314 613,949 531,942
Income from continuing operations before income taxes 10,376 19,412 39,005 50,355
Income tax provision:        
Current 146 184 369 (220)
Deferred 1,869 3,625 7,884 10,310
Total income tax expense 2,015 3,809 8,253 10,090
Net income from continuing operations 8,361 15,603 30,752 40,265
Discontinued operations:        
Net (loss) income from discontinued operations (49) (429) (382) 158
Net income $ 8,312 $ 15,174 $ 30,370 $ 40,423
Earnings per share - basic:        
Net income from continuing operations $ 0.20 $ 0.40 $ 0.77 $ 1.04
Net income 0.19 0.39 0.76 1.04
Earnings per share – diluted:        
Net income from continuing operations 0.19 0.40 0.76 1.02
Net income $ 0.19 $ 0.38 $ 0.75 $ 1.02