Quarterly Results for 2019 and 2018 (Tables)

12 Months Ended

Dec. 31, 2019

The following table provides a summary of quarterly results for the periods presented (in thousands except per share data):



	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
For the Year Ended December 31, 2019
Premiums earned, net	$	209,727	$	210,357	$	206,599	$	215,819
Net investment income	8,142		7,410		7,613		7,578
Total revenues	236,586		233,722		229,641		239,402
Total expenses	182,842		182,792		201,745		308,455
Net income (loss)	40,148		37,293		20,146		(51,073		)
Basic earnings (loss) per share	$	1.16	$	1.09	$	0.60	$	(1.55	)
Diluted earnings (loss) per share	$	1.14	$	1.08	$	0.59	$	(1.55	)

For the Year Ended December 31, 2018
Premiums earned, net	$	182,577	$	192,272	$	188,938	$	204,595
Net investment income	4,785		5,786		6,642		7,603
Total revenues	191,500		209,788		206,155		216,373
Total expenses	139,801		148,540		154,988		227,614
Net income (loss)	40,055		46,084		37,380		(6,468		)
Basic earnings (loss) per share	$	1.15	$	1.32	$	1.07	$	(0.19	)
Diluted earnings (loss) per share	$	1.12	$	1.29	$	1.04	$	(0.19	)