UNAUDITED INTERIM FINANCIAL INFORMATION (Tables)

12 Months Ended

Dec. 31, 2017

UNAUDITED INTERIM FINANCIAL INFORMATION

Schedule of selected quarterly information

Select unaudited quarterly information is as follows:

(in thousands, except per share data)	First		Second		Third		Fourth		Year
2017
Net premiums earned	$	183,285	$	184,331	$	182,025	$	188,296	$	737,937
Net investment income		13,005		13,238		14,187		14,446		54,876
Net realized gains (losses)		624		(1,359)		35		5,111		4,411
Earnings (losses) before income taxes		26,443		34,036		(862)		24,972		84,589
Net earnings		19,828		26,208		1,734		57,258		105,028
Basic earnings per share(1)	$	0.45	$	0.60	$	0.04	$	1.30	$	2.39
Diluted earnings per share(1)	$	0.45	$	0.59	$	0.04	$	1.29	$	2.36
2016
Net premiums earned	$	176,918	$	180,226	$	183,595	$	187,869	$	728,608
Net investment income		13,370		13,048		13,504		13,153		53,075
Net realized gains (losses)		11,400		2,710		9,252		11,283		34,645
Earnings (losses) before income taxes		45,593		42,341		31,142		38,006		157,082
Net earnings		31,393		29,077		22,263		32,187		114,920
Basic earnings per share(1)	$	0.72	$	0.67	$	0.51	$	0.73	$	2.63
Diluted earnings per share(1)	$	0.71	$	0.65	$	0.50	$	0.72	$	2.59

Since the weighted-average shares for the quarters are calculated independently of the weighted-average shares for the year, quarterly earnings per share may not total to annual earnings per share.