XML 42 R23.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Quarterly Operating Results (Notes) | 12 Months Ended
--- | ---
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Information [Text Block] | Quarterly Operating Results (Unaudited) Quarterly operating results for 2018 and 2017 were as follows:
(in thousands, except per share data) |  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |
2018 |  |  |  |  |  |  |  |  |  |  |  |  |
Total revenues |  | $ | 501,461 |  |  | $ | 473,187 |  |  | $ | 530,850 |  |  | $ | 508,748 |  |
Total expenses |  | $ | 383,020 |  |  | $ | 372,277 |  |  | $ | 388,350 |  |  | $ | 408,137 |  |
Income before income taxes |  | $ | 118,441 |  |  | $ | 100,910 |  |  | $ | 142,500 |  |  | $ | 100,611 |  |
Net income |  | $ | 90,828 |  |  | $ | 73,922 |  |  | $ | 106,053 |  |  | $ | 73,452 |  |
Net income per share: |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.33 |  |  | $ | 0.27 |  |  | $ | 0.38 |  |  | $ | 0.26 |  |
Diluted |  | $ | 0.32 |  |  | $ | 0.26 |  |  | $ | 0.38 |  |  | $ | 0.26 |  |
2017 |  |  |  |  |  |  |  |  |
Total revenues |  | $ | 465,080 |  |  | $ | 466,305 |  |  | $ | 475,646 |  |  | $ | 474,316 |  |
Total expenses |  | $ | 354,113 |  |  | $ | 358,303 |  |  | $ | 351,227 |  |  | $ | 367,982 |  |
Income before income taxes |  | $ | 110,967 |  |  | $ | 108,002 |  |  | $ | 124,419 |  |  | $ | 106,334 |  |
Net income |  | $ | 70,110 |  |  | $ | 66,102 |  |  | $ | 75,913 |  |  | $ | 187,505 |  |
Net income per share: |  |  |  |  |  |  |  |  |
Basic(1) |  | $ | 0.25 |  |  | $ | 0.24 |  |  | $ | 0.27 |  |  | $ | 0.68 |  |
Diluted(1) |  | $ | 0.25 |  |  | $ | 0.23 |  |  | $ | 0.27 |  |  | $ | 0.66 |  | (2)
(1) | 2017 reflects the 2-for-1 stock split that occurred on March 28, 2018.
(2) | Includes $0.43 impact associated with recording impact of the Tax Reform Act.
Quarterly financial results are affected by seasonal variations. The timing of the Company’s policy renewals and acquisitions may cause revenues, expenses and net income to vary significantly between quarters.

X
- References No definition available. + Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
Name: | us-gaap_QuarterlyFinancialInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration