XML 40 R23.htm IDEA: XBRL DOCUMENT
v3.20.4

Quarterly Operating Results (Unaudited) | 12 Months Ended
--- | ---
Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Operating Results (Unaudited) | NOTE 16 Quarterly Operating Results (Unaudited) Quarterly operating results for 2020 and 2019 were as follows:
(in thousands, except per share data) |  | First Quarter |  |  | Second Quarter |  |  | Third Quarter |  |  | Fourth Quarter |
2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total revenues |  | $ | 698,495 |  |  | $ | 598,806 |  |  | $ | 673,962 |  |  | $ | 642,111 |
Total expenses |  | $ | 493,242 |  |  | $ | 469,405 |  |  | $ | 515,434 |  |  | $ | 511,195 |
Income before income taxes |  | $ | 205,253 |  |  | $ | 129,401 |  |  | $ | 158,528 |  |  | $ | 130,916 |
Net income |  | $ | 152,400 |  |  | $ | 96,784 |  |  | $ | 133,979 |  |  | $ | 97,320 |
Net income per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.54 |  |  | $ | 0.34 |  |  | $ | 0.47 |  |  | $ | 0.34 |
Diluted |  | $ | 0.54 |  |  | $ | 0.34 |  |  | $ | 0.47 |  |  | $ | 0.34 |
2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total revenues |  | $ | 619,280 |  |  | $ | 575,219 |  |  | $ | 618,683 |  |  | $ | 578,989 |
Total expenses |  | $ | 470,760 |  |  | $ | 451,697 |  |  | $ | 466,845 |  |  | $ | 476,940 |
Income before income taxes |  | $ | 148,520 |  |  | $ | 123,522 |  |  | $ | 151,838 |  |  | $ | 102,049 |
Net income |  | $ | 113,896 |  |  | $ | 92,593 |  |  | $ | 115,506 |  |  | $ | 76,519 |
Net income per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.41 |  |  | $ | 0.33 |  |  | $ | 0.41 |  |  | $ | 0.27 |
Diluted |  | $ | 0.40 |  |  | $ | 0.33 |  |  | $ | 0.41 |  |  | $ | 0.27 |
Quarterly financial results are affected by seasonal variations. The timing of insurance policy renewals sold by the Company and acquisitions may cause revenues, expenses, and net income to vary significantly between quarters. The sum of the quarterly results may not equal year to date or year ended results due to rounding.

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://fasb.org/us-gaap/role/ref/legacyRef -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