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Quarterly Financial Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Data [Abstract]  
Summary Of Quarterly Financial Data
The following table presents summarized quarterly financial data for 2016 and 2015:
 
 
 
Quarter Ended
 
 
 
March 31
 
June 30
 
September 30
 
December 31
 
 
 
(Amounts in thousands, except per share data)
 
2016
 
 
 
 
 
 
 
 
 
Net premiums earned
 
$
767,085

 
$
779,321

 
$
790,850

  
$
794,517

 
Change in fair value of investments
pursuant to the fair value option
 
18,531

 
37,127

 
(21,132
)
 
(67,332
)
 
Income before income taxes
 
26,034

 
64,335

 
31,625

 
(51,270
)
 
Net income (loss)
 
23,323

 
48,873

 
26,930

 
(26,082
)
 
Basic earnings per share (1)
 
0.42

 
0.88

 
0.49

 
(0.47
)
 
Diluted earnings per share (1)
 
0.42

 
0.88

 
0.49

 
(0.47
)
 
Dividends paid per share
 
0.6200

 
0.6200

 
0.6200

  
0.6225

 
 
 
 
 
 
 
 
 
 
 
2015
 
 
 
 
 

 
 
 
Net premiums earned
 
$
720,737

 
$
731,546

 
$
745,520

  
$
760,094

 
Change in fair value of investments
pursuant to the fair value option
 
(4,884
)
 
(40,783
)
 
(18,538
)
 
2,474

 
Income before income taxes
 
29,859

 
4,511

 
12,267

 
23,930

 
Net income
 
26,165

 
9,639

 
15,270

 
23,405

 
Basic earnings per share (1)
 
0.47

 
0.17

 
0.28

 
0.42

 
Diluted earnings per share (1)
 
0.47

 
0.17

 
0.28

 
0.42

 
Dividends paid per share
 
0.6175

 
0.6175

 
0.6175

  
0.6200

 
 __________
(1) 
The basic and diluted earnings per share do not sum due to rounding.