• Filing Date: 2014-03-12
  • Form Type: 10-K
  • Description: Annual report
v2.4.0.8
Quarterly Results of Operations - Summarize Unaudited Quarterly Results of Operations (Detail) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Quarterly Financial Information Disclosure [Abstract]                              
Net premiums earned $ 63,428 $ 52,934 $ 57,335 $ 60,551 $ 49,564 $ 30,603 $ 37,070 $ 40,431 $ 35,833 $ 18,530 $ 17,044 $ 16,674 $ 234,248 $ 157,668 $ 88,081
Total revenue 65,252 54,692 59,333 61,811 51,077 31,481 38,855 41,652 36,566 19,713 19,481 18,049 241,088 163,065 93,809
Losses and loss adjustment expenses 17,348 14,489 17,414 15,872 15,928 15,017 16,197 19,168 16,886 10,431 10,523 10,403 65,123 66,310 48,243
Policy acquisition and other underwriting expenses 9,456 8,887 7,308 5,968 6,240 6,611 6,243 6,836 7,557 3,529 2,780 4,263 31,619 25,930 18,129
Interest expense 1,228 847 846 686                 3,607    
Total expenses 40,020 33,048 32,926 28,641 30,012 26,356 26,846 30,271 28,543 16,407 15,660 16,794 134,635 113,485 77,404
Income before income taxes 25,232 21,644 26,407 33,170 21,065 5,125 12,009 11,381 8,023 3,306 3,821 1,255 106,453 49,580 16,405
Net income 15,562 13,378 16,235 20,387 13,101 2,826 7,262 6,968 4,796 2,074 2,301 793 65,562 30,157 9,964
Net income available to common stockholders $ 15,546 $ 13,356 $ 16,203 $ 20,353 $ 13,065 $ 2,784 $ 7,199 $ 6,787 $ 4,578 $ 1,856 $ 1,940 $ 776 $ 65,458 $ 29,835 $ 9,149
Earnings per share:                              
Basic $ 1.36 $ 1.17 $ 1.44 $ 1.87 $ 1.27 $ 0.30 $ 0.85 $ 1.07 $ 0.74 $ 0.30 $ 0.32 $ 0.13 $ 5.82 $ 3.45 $ 1.49
Diluted $ 1.31 $ 1.13 $ 1.40 $ 1.81 $ 1.19 $ 0.27 $ 0.74 $ 0.88 $ 0.62 $ 0.27 $ 0.30 $ 0.12 $ 5.63 $ 3.02 $ 1.34