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Consolidated Statements of Earnings and Comprehensive Earnings - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Condensed Consolidated Statements of Earnings and Comprehensive Earnings      
Net premiums earned $ 791,366 $ 737,937 $ 728,608
Net investment income 62,085 54,876 53,075
Net realized gains 63,624 6,970 34,740
Other-than-temporary-impairment (OTTI) losses on investments (217) (2,559) (95)
Net unrealized losses on equity securities (98,735)    
Consolidated revenue 818,123 797,224 816,328
Losses and settlement expenses 428,193 401,584 349,778
Policy acquisition costs 267,738 252,515 249,612
Insurance operating expenses 53,803 56,994 53,093
Interest expense on debt 7,437 7,426 7,426
General corporate expenses 9,427 11,340 10,170
Total expenses 766,598 729,859 670,079
Equity in earnings of unconsolidated investees 16,056 17,224 10,833
Earnings before income taxes 67,581 84,589 157,082
Income tax expense:      
Current 23,917 9,302 41,034
Deferred (20,515) (29,741) 1,128
Income tax expense (benefit) 3,402 (20,439) 42,162
Net earnings 64,179 105,028 114,920
Other comprehensive earnings (loss), net of tax (33,997) 35,309 (1,164)
Comprehensive earnings $ 30,182 $ 140,337 $ 113,756
Basic:      
Net earnings per share (in dollars per share) $ 1.45 $ 2.39 $ 2.63
Comprehensive earnings per share (in dollars per share) 0.68 3.19 2.60
Diluted:      
Net earnings per share (in dollars per share) 1.43 2.36 2.59
Comprehensive earnings per share (in dollars per share) $ 0.67 $ 3.15 $ 2.56
Weighted average number of common shares outstanding      
Basic (in shares) 44,358 44,033 43,772
Diluted (in shares) 44,835 44,500 44,432
Cash dividends paid per common share $ 1.87 $ 2.58 $ 2.79