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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues    
Net premiums earned (Note 8) $ 235,857 $ 233,238
Services revenue (Note 4) 12,588 10,984
Net investment income (Note 6) 69,221 58,453
Net gains (losses) on investments and other financial instruments (includes net realized gains (losses) on investments of $(3,682) and $(5,506)) (Note $0) 490 5,585
Other income 1,262 1,592
Total revenues 319,418 309,852
Expenses    
Provision for losses (Note $0) (7,034) (16,929)
Policy acquisition costs 6,794 6,293
Cost of services 9,327 10,398
Other operating expenses 82,636 83,269
Interest expense (Note 12) 29,046 21,439
Amortization of other acquired intangible assets 0 1,371
Total expenses 120,769 105,841
Pretax income 198,649 204,011
Income tax provision 46,295 46,254
Net income $ 152,354 $ 157,757
Net income per share    
Basic (in usd per share) $ 0.99 $ 1.00
Diluted (in usd per share) $ 0.98 $ 0.98
Weighted average number of common shares outstanding—basic (in shares) 153,817 158,304
Weighted average number of common and common equivalent shares outstanding—diluted (in shares) 155,971 161,349