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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Net premiums written $ 199,731 $ 204,361
Decrease in unearned premiums 15,599 14,706
Net premiums earned 215,330 219,067
Net investment income 24,680 21,788
Realized investment (losses) gains, net (7,352) 641
Income from other invested assets 24,705 526
Other income 7,248 2,775
Total revenues 264,611 244,797
Losses and expenses:    
(Benefit) provision for losses and LAE (106,858) 32,322
Other underwriting and operating expenses 40,796 42,239
Interest expense 2,226 2,051
Total losses and expenses (63,836) 76,612
Income before income taxes 328,447 168,185
Income tax expense 54,280 32,537
Net income $ 274,167 $ 135,648
Earnings per share:    
Basic (in dollars per share) $ 2.53 $ 1.21
Diluted (in dollars per share) $ 2.52 $ 1.21
Weighted average shares outstanding:    
Basic (in shares) 108,166 112,016
Diluted (in shares) 108,590 112,378
Net income $ 274,167 $ 135,648
Other comprehensive income (loss):    
Change in unrealized depreciation of investments, net of tax benefit of ($35,897) and ($10,201) in the three months ended March 31, 2022 and 2021 (203,006) (59,203)
Total other comprehensive loss (203,006) (59,203)
Comprehensive income $ 71,161 $ 76,445