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Adoption of Accounting Pronoucements (Tables)
12 Months Ended
Dec. 31, 2011
Adoption of Accounting Pronouncements [Abstract]  
Schedule Of New Accounting Pronouncements Balance Sheet Information

Balance Sheet Information

 

 

 

 

 

 

 

December 31,

 

 

 

 

 

 

 

 

 

2011

 

2010

($ in thousands, except per share amounts)

 

As reported

As restated

 

As reported

As  restated

Deferred policy acquisition costs

$

214,069

135,761

 

209,627

127,984

Total assets

 

5,736,369

5,685,469

 

5,231,772

5,178,704

Stockholders' equity

 

1,109,228

1,058,328

 

1,071,109

1,018,041

Book value per share

 

20.39

19.45

 

19.95

18.97

                     
Schedule Of New Accounting Pronouncements Income Statement Information

Income Statement Information

 

 

 

 

 

 

 

 

December 31,

 

 

 

 

 

 

 

 

 

 

2011

 

2010

 

2009

($ in thousands, except per share amounts)

 

As reported

As restated

 

As reported

As restated

 

As reported

As restated

Underwriting (loss) profit

$

(106,919)

(103,584)

 

(22,167)

(19,974)

 

2,385

2,111

Net income

 

19,865 

22,033 

 

65,541 

66,966 

 

36,398

36,220

Combined ratio

 

107.4 

107.2 

%

101.6 

101.4 

 

99.8

99.9

Net income per share:

 

 

 

 

 

 

 

 

 

          Basic

$

0.37 

0.41 

 

1.23 

1.26 

 

0.69

0.69

          Diluted

 

0.36 

0.40 

 

1.20 

1.23 

 

0.68

0.68