XML 19 R3.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues    
Net premiums earned (Note 8) $ 271,872 $ 277,415
Services revenue (Note 4) 22,895 31,927
Net investment income 38,251 40,944
Net gains (losses) on investments and other financial instruments (5,181) (22,027)
Other income 976 822
Total revenues 328,813 329,081
Expenses    
Provision for losses 46,143 35,951
Policy acquisition costs 8,996 7,413
Cost of Services 20,246 22,141
Other operating expenses 70,262 69,110
Interest expense 21,115 12,194
Amortization and impairment of other acquired intangible assets 862 979
Total expenses 167,624 147,788
Consolidated pretax income (loss) 161,189 181,293
Income tax provision 35,581 40,832
Net income $ 125,608 $ 140,461
Earnings Per Share, Basic [Abstract]    
Basic net income (loss) per share $ 0.65 $ 0.70
Earnings Per Share, Diluted [Abstract]    
Diluted net income (loss) per share $ 0.64 $ 0.70
Weighted-average number of common shares outstanding—basic 193,439 200,161
Weighted-average number of common and common equivalent shares outstanding—diluted 195,203 201,819