XML 15 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data
 3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues:        
Net premiums earned $ 642,331 $ 642,717 $ 1,280,818 $ 1,283,331
Net investment income 36,009 36,475 71,105 72,361
Net realized investment gains (losses) 23,764 (27,713) 52,454 (5,669)
Other 4,443 2,180 7,713 3,473
Total revenues 706,547 653,659 1,412,090 1,353,496
Expenses:        
Losses and loss adjustment expenses 451,338 439,609 897,799 870,231
Policy acquisition costs 122,829 126,325 244,633 255,307
Other operating expenses 55,098 70,516 113,770 127,840
Interest 1,669 1,851 3,364 3,470
Total expenses 630,934 638,301 1,259,566 1,256,848
Income before income taxes 75,613 15,358 152,524 96,648
Income tax expense (benefit) 18,362 (2,459) 37,047 17,652
Net income $ 57,251 $ 17,817 $ 115,477 $ 78,996
Net income per share:        
Basic $ 1.04 $ 0.33 $ 2.11 $ 1.44
Diluted $ 1.04 $ 0.32 $ 2.11 $ 1.44
Weighted average shares outstanding:        
Basic 54,820 54,788 54,814 54,786
Diluted 54,837 54,833 54,834 54,821
Dividends declared per share $ 0.60 $ 0.59 $ 1.20 $ 1.18