XML 18 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements Of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues:      
Net premiums earned $ 3,195,437 $ 3,131,773 $ 2,957,897
Net investment income 124,930 121,871 126,299
Net realized investment gains (losses) 83,650 (34,255) (83,807)
Other 11,945 8,294 8,911
Total revenues 3,415,962 3,227,683 3,009,300
Expenses:      
Losses and loss adjustment expenses 2,444,884 2,355,138 2,145,495
Policy acquisition costs 555,350 562,545 539,231
Other operating expenses 233,475 235,314 250,839
Interest 15,168 3,962 3,168
Total expenses 3,248,877 3,156,959 2,938,733
Income before income taxes 167,085 70,724 70,567
Income tax expense (benefit) 22,208 (2,320) (3,912)
Net income $ 144,877 $ 73,044 $ 74,479
Net income per share:      
Basic (in dollars per share) $ 2.62 $ 1.32 $ 1.35
Diluted (in dollars per share) $ 2.62 $ 1.32 $ 1.35