XML 28 R54.htm IDEA: XBRL DOCUMENT v2.4.0.8
Quarterly Financial Information (Tables)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
(unaudited, $ in thousands,
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
except per share data)
 
2013
 
2012
 
2013
 
2012
 
2013
 
2012
 
2013
 
2012
Net premiums earned
 
420,940

 
378,829

 
426,252

 
392,212

 
437,568

 
406,225

 
451,312

 
406,853

Net investment income earned
 
32,870

 
32,628

 
34,003

 
34,006

 
32,457

 
30,650

 
35,313

 
34,593

Net realized gains (losses)
 
3,355

 
4,358

 
5,154

 
178

 
13,431

 
(1,088
)
 
(1,208
)
 
5,540

Underwriting profit (loss)
 
12,161

 
(1,363
)
 
4,483

 
(26,962
)
 
10,151

 
861

 
11,971

 
(36,543
)
Net income from continuing operations
 
22,305

 
18,093

 
27,122

 
288

 
32,653

 
18,274

 
25,335

 
1,308

Loss on disposal of discontinued operations, net of tax
 
(997
)
 

 

 

 

 

 

 

Net income
 
21,308

 
18,093

 
27,122

 
288

 
32,653

 
18,274

 
25,335

 
1,308

Other comprehensive income (loss)
 
27,881

 
10,690

 
(62,643
)
 
5,520

 
(2,195
)
 
26,507

 
7,768

 
(30,971
)
Comprehensive income (loss)
 
49,189

 
28,783

 
(35,521
)
 
5,808

 
30,458

 
44,781

 
33,103

 
(29,663
)
Net income per share:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Basic
 
0.38

 
0.33

 
0.49

 
0.01

 
0.59

 
0.33

 
0.45

 
0.02

Diluted
 
0.38

 
0.33

 
0.48

 
0.01

 
0.57

 
0.33

 
0.44

 
0.02

Dividends to stockholders1
 
0.13

 
0.13

 
0.13

 
0.13

 
0.13

 
0.13

 
0.13

 
0.13

Price range of common stock:2
 
 
 
 

 
 
 
 

 
 
 
 

 
 
 
 

High
 
24.13

 
19.00

 
24.75

 
17.99

 
25.95

 
19.37

 
28.31

 
20.31

Low
 
19.53

 
16.64

 
19.58

 
16.22

 
22.61

 
16.64

 
23.55

 
17.17


The addition of all quarters may not agree to annual amounts on the Financial Statements due to rounding.

1 See Note 20. “Statutory Financial Information, Capital Requirements, and Restrictions on Dividends and Transfers of Funds” for a discussion of dividend restrictions.
2 These ranges of high and low prices of the Parent’s common stock, as reported by the NASDAQ Global Select Market, represent actual transactions. Price quotations do not include retail markups, markdowns, and commissions. The range of high and low prices for common stock for the period beginning January 2, 2014 and ending February 14, 2014 was $21.38 to $26.99.