v3.25.2
Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Operating Segments
Excess and Surplus Lines Segment
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Treasury Stock, Common
Balance, shares at Dec. 31, 2023     23,181,919        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock-based compensation (shares)     105,314        
Restricted shares withheld for taxes (shares)     (11,318)        
Balance, shares at Mar. 31, 2024     23,275,915        
Balance at Dec. 31, 2023 $ 1,086,832   $ 232 $ 352,970 $ 828,247 $ (94,617)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of stock under stock-based compensation plan 933   1 932      
Stock-based compensation expense 3,524     3,524      
Restricted shares withheld for taxes (5,842)     (5,842)      
Dividends declared (3,479)       (3,479)    
Other comprehensive income (loss), net of tax (9,940)         (9,940)  
Net income 98,941       98,941    
Balance at Mar. 31, 2024 $ 1,170,969   $ 233 351,584 923,709 (104,557)  
Balance, shares at Dec. 31, 2023     23,181,919        
Balance, shares at Jun. 30, 2024 23,286,248            
Balance at Dec. 31, 2023 $ 1,086,832   $ 232 352,970 828,247 (94,617)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Other comprehensive income (loss), net of tax (15,598)            
Net income 191,520 $ 191,520          
Balance at Jun. 30, 2024 $ 1,257,203   $ 233 354,389 1,012,796 (110,215)  
Balance, shares at Mar. 31, 2024     23,275,915        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock-based compensation (shares) 13,249            
Restricted shares withheld for taxes (shares) (2,916)            
Balance, shares at Jun. 30, 2024 23,286,248            
Balance at Mar. 31, 2024 $ 1,170,969   $ 233 351,584 923,709 (104,557)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of stock under stock-based compensation plan 219   0 219      
Stock-based compensation expense 3,709     3,709      
Restricted shares withheld for taxes (1,123)     (1,123)      
Dividends declared (3,492)       (3,492)    
Other comprehensive income (loss), net of tax (5,658)         (5,658)  
Net income 92,579 92,579     92,579    
Balance at Jun. 30, 2024 $ 1,257,203   $ 233 354,389 1,012,796 (110,215)  
Balance, shares at Dec. 31, 2024 23,272,157   23,272,157        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock-based compensation (shares)     73,276        
Restricted shares withheld for taxes (shares)     (14,467)        
Balance, shares at Mar. 31, 2025     23,307,618        
Balance at Dec. 31, 2024 $ 1,483,561   $ 233 361,398 1,229,136 (97,206) $ (10,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of stock under stock-based compensation plan 235   1 234      
Stock-based compensation expense 3,770     3,770      
Restricted shares withheld for taxes (6,248)     (6,248)      
Dividends declared (3,953)       (3,953)    
Other comprehensive income (loss), net of tax 26,382         26,382  
Net income 89,227       89,227    
Balance at Mar. 31, 2025 1,582,975   $ 234 359,154 1,314,410 (70,824) (19,999)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Treasury Stock, Value, Acquired, Cost Method $ (9,999)           (9,999)
Treasury Stock, Shares, Acquired     (23,348)        
Balance, shares at Dec. 31, 2024 23,272,157   23,272,157        
Balance, shares at Jun. 30, 2025 23,299,124            
Balance at Dec. 31, 2024 $ 1,483,561   $ 233 361,398 1,229,136 (97,206) (10,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Other comprehensive income (loss), net of tax 40,835            
Net income 223,348 223,348          
Balance at Jun. 30, 2025 $ 1,722,573   $ 234 364,138 1,444,571 (56,371) (29,999)
Balance, shares at Mar. 31, 2025     23,307,618        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock-based compensation (shares) 14,884            
Restricted shares withheld for taxes (shares) (69)            
Balance, shares at Jun. 30, 2025 23,299,124            
Balance at Mar. 31, 2025 $ 1,582,975   $ 234 359,154 1,314,410 (70,824) (19,999)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of stock under stock-based compensation plan 244   0 244      
Stock-based compensation expense 4,774     4,774      
Restricted shares withheld for taxes (34)     (34)      
Dividends declared (3,960)       (3,960)    
Other comprehensive income (loss), net of tax 14,453         14,453  
Net income 134,121 $ 134,121     134,121    
Balance at Jun. 30, 2025 1,722,573   $ 234 $ 364,138 $ 1,444,571 $ (56,371) (29,999)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Treasury Stock, Value, Acquired, Cost Method $ (10,000)           $ (10,000)
Treasury Stock, Shares, Acquired     (23,309)