XML 62 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Consolidated Statements of Operations    
Gross written premiums $ 213,784 $ 255,838
Net earned premiums 205,662 195,608
Net investment income 8,815 17,158
Realized investment gains, net 232 113
Other income 112 93
Total revenues 214,821 212,972
Expenses:    
Net losses and loss adjustment expenses incurred 127,557 118,333
Policy acquisition expenses 46,986 46,573
General and administrative expenses 26,637 27,194
Interest expense 3,105 3,362
Other expense 1,737  
Total expenses 206,022 195,462
Net income from continuing operations before income taxes 8,799 17,510
Income tax provision:    
Current 1,631 141
Deferred 357 3,674
Total income tax expense 1,988 3,815
Net income from continuing operations 6,811 13,695
Discontinued operations:    
Net income (loss) from discontinued operations 257 (255)
Net income $ 7,068 $ 13,440
Earnings per share – basic:    
Net income from continuing operations $ 0.16 $ 0.35
Net income 0.16 0.35
Earnings per share – diluted:    
Net income from continuing operations 0.15 0.35
Net income $ 0.16 $ 0.34