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Consolidated Statements of Earnings and Comprehensive Earnings - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Condensed Consolidated Statements of Earnings and Comprehensive Earnings      
Net premiums earned $ 737,937 $ 728,608 $ 700,161
Net investment income 54,876 53,075 54,644
Net realized gains 6,970 34,740 39,829
Other-than-temporary-impairment (OTTI) losses on investments (2,559) (95) 0
Consolidated revenue 797,224 816,328 794,634
Losses and settlement expenses 401,584 349,778 299,045
Policy acquisition costs 252,515 249,612 241,078
Insurance operating expenses 56,994 53,093 51,480
Interest expense on debt 7,426 7,426 7,426
General corporate expenses 11,340 10,170 9,837
Total expenses 729,859 670,079 608,866
Equity in earnings of unconsolidated investees 17,224 10,833 10,914
Earnings (loss) before income taxes 84,589 157,082 196,682
Income tax expense:      
Current 9,302 41,034 52,104
Deferred (29,741) 1,128 7,034
Total tax expense (benefit) (20,439) 42,162 59,138
Net earnings 105,028 114,920 137,544
Other comprehensive earnings (loss), net of tax 35,309 (1,164) (47,609)
Comprehensive earnings $ 140,337 $ 113,756 $ 89,935
Basic:      
Net earnings per share (in dollars per share) $ 2.39 $ 2.63 $ 3.18
Comprehensive earnings per share (in dollars per share) 3.19 2.60 2.08
Diluted:      
Net earnings per share (in dollars per share) 2.36 2.59 3.12
Comprehensive earnings per share (in dollars per share) $ 3.15 $ 2.56 $ 2.04
Weighted average number of common shares outstanding      
Basic (in shares) 44,033 43,772 43,299
Diluted (in shares) 44,500 44,432 44,131