v3.25.2
Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Premiums $ 245,289 $ 244,567 $ 490,075 $ 485,314
Net investment income 65,884 59,773 128,921 116,884
Net investment gains (losses) (7,343) (7,713) (10,586) (14,397)
Other income 1,060 2,207 3,256 2,609
Total revenues 304,890 298,834 611,666 590,410
Losses and expenses:        
Losses incurred 25,289 (16,821) 55,830 2,680
Acquisition and operating expenses, net of deferrals 50,598 53,960 100,692 104,894
Amortization of deferred acquisition costs and intangibles 2,205 2,292 4,634 4,551
Interest expense 12,296 13,644 24,587 26,605
Gain (Loss) on Extinguishment of Debt 0 10,930 0 10,930
Total losses and expenses 90,388 64,005 185,743 149,660
Income before income taxes 214,502 234,829 425,923 440,750
Provision for income taxes 46,694 51,156 92,337 96,089
Net income $ 167,808 $ 183,673 $ 333,586 $ 344,661
Net income per common share:        
Basic (in usd per share) $ 1.12 $ 1.17 $ 2.21 $ 2.18
Diluted (in usd per share) $ 1.11 $ 1.16 $ 2.20 $ 2.16
Weighted average common shares outstanding:        
Basic (in shares) 149,940 157,193 150,885 158,005
Diluted (in shares) 150,729 158,571 151,818 159,329