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Quarterly Results of Operations (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Data [Abstract]  
Summary of unaudited quarterly results of operations
The following is a summary of unaudited quarterly results of operations for 2015 and 2014:
 
2015
(In thousands, except per share data)
1st
 
2nd
 
3rd
 
4th
Net premiums earned
$
171,899

 
$
175,293

 
$
182,085

 
$
164,874

Net losses and loss adjustment expenses:
 
 
 
 
 
 
 
Current year
138,654

 
139,057

 
145,027

 
149,157

Prior year
(33,514
)
 
(35,115
)
 
(36,221
)
 
(56,330
)
Net income
37,814

 
33,158

 
10,276

 
34,948

Basic earnings per share
0.67

 
0.60

 
0.19

 
0.66

Diluted earnings per share
0.67

 
0.60

 
0.19

 
0.65

 
 
 
 
 
 
 
 
 
2014
(In thousands, except per share data)
1st
 
2nd
 
3rd
 
4th
Net premiums earned
$
171,730

 
$
176,303

 
$
177,028

 
$
174,670

Net losses and loss adjustment expenses:
 
 
 
 
 
 
 
Current year
137,647

 
141,126

 
142,124

 
124,271

Prior year
(48,139
)
 
(42,213
)
 
(42,902
)
 
(48,830
)
Net income
46,731

 
49,942

 
34,778

 
65,114

Basic earnings per share
0.76

 
0.84

 
0.59

 
1.13

Diluted earnings per share
0.76

 
0.84

 
0.59

 
1.12

*
Quarterly and year-to-date computations of per share amounts are made independently; therefore, the sum of per share amounts for the quarters may not equal per share amounts for the respective year-to-date periods.