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v3.6.0.2

Consolidated Statements Of Operations - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014
Revenues: |  |  |
Net premiums earned | $ 3,131,773 | $ 2,957,897 | $ 2,796,195
Net investment income | 121,871 | 126,299 | 125,723
Net realized investment (losses) gains | (34,255) | (83,807) | 81,184
Other | 8,294 | 8,911 | 8,671
Total revenues | 3,227,683 | 3,009,300 | 3,011,773
Expenses: |  |  |
Losses and loss adjustment expenses | 2,355,138 | 2,145,495 | 1,986,122
Policy acquisition costs | 562,545 | 539,231 | 526,208
Other operating expenses | 235,314 | 250,839 | 249,381
Interest | 3,962 | 3,168 | 2,637
Total expenses | 3,156,959 | 2,938,733 | 2,764,348
Income before income taxes | 70,724 | 70,567 | 247,425
Income tax (benefit) expense | (2,320) | (3,912) | 69,476
Net income | $ 73,044 | $ 74,479 | $ 177,949
Net income per share: |  |  |
Basic (in dollars per share) | $ 1.32 | $ 1.35 | $ 3.23
Diluted (in dollars per share) | $ 1.32 | $ 1.35 | $ 3.23

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- Definition The total amount of expense recognized during the period for future policy benefits, claims and claims adjustment costs, and for selling, general and administrative costs. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04.5,6,7) -URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913 + Details
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