• Filing Date: 2015-03-10
  • Form Type: 10-K
  • Description: Annual report
v2.4.1.9
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, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
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, 2014
Dec. 31, 2013
Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]                              
Net premiums earned $ 61,776us-gaap_PremiumsEarnedNetPropertyAndCasualty $ 61,260us-gaap_PremiumsEarnedNetPropertyAndCasualty $ 62,649us-gaap_PremiumsEarnedNetPropertyAndCasualty $ 66,380us-gaap_PremiumsEarnedNetPropertyAndCasualty $ 63,428us-gaap_PremiumsEarnedNetPropertyAndCasualty $ 52,934us-gaap_PremiumsEarnedNetPropertyAndCasualty $ 57,335us-gaap_PremiumsEarnedNetPropertyAndCasualty $ 60,551us-gaap_PremiumsEarnedNetPropertyAndCasualty $ 49,564us-gaap_PremiumsEarnedNetPropertyAndCasualty $ 30,603us-gaap_PremiumsEarnedNetPropertyAndCasualty $ 37,070us-gaap_PremiumsEarnedNetPropertyAndCasualty $ 40,431us-gaap_PremiumsEarnedNetPropertyAndCasualty $ 252,065us-gaap_PremiumsEarnedNetPropertyAndCasualty $ 234,248us-gaap_PremiumsEarnedNetPropertyAndCasualty $ 157,668us-gaap_PremiumsEarnedNetPropertyAndCasualty
Total revenue 64,752us-gaap_Revenues 66,955us-gaap_Revenues 66,284us-gaap_Revenues 68,117us-gaap_Revenues 65,252us-gaap_Revenues 54,692us-gaap_Revenues 59,333us-gaap_Revenues 61,811us-gaap_Revenues 51,077us-gaap_Revenues 31,481us-gaap_Revenues 38,855us-gaap_Revenues 41,652us-gaap_Revenues 266,108us-gaap_Revenues 241,088us-gaap_Revenues 163,065us-gaap_Revenues
Losses and loss adjustment expenses 20,529us-gaap_IncurredClaimsPropertyCasualtyAndLiability 21,991us-gaap_IncurredClaimsPropertyCasualtyAndLiability 18,383us-gaap_IncurredClaimsPropertyCasualtyAndLiability 18,565us-gaap_IncurredClaimsPropertyCasualtyAndLiability 17,348us-gaap_IncurredClaimsPropertyCasualtyAndLiability 14,489us-gaap_IncurredClaimsPropertyCasualtyAndLiability 17,414us-gaap_IncurredClaimsPropertyCasualtyAndLiability 15,872us-gaap_IncurredClaimsPropertyCasualtyAndLiability 15,928us-gaap_IncurredClaimsPropertyCasualtyAndLiability 15,017us-gaap_IncurredClaimsPropertyCasualtyAndLiability 16,197us-gaap_IncurredClaimsPropertyCasualtyAndLiability 19,168us-gaap_IncurredClaimsPropertyCasualtyAndLiability 79,468us-gaap_IncurredClaimsPropertyCasualtyAndLiability 65,123us-gaap_IncurredClaimsPropertyCasualtyAndLiability 66,310us-gaap_IncurredClaimsPropertyCasualtyAndLiability
Policy acquisition and other underwriting expenses 9,278us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees 9,986us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees 9,559us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees 9,129us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees 9,456us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees 8,887us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees 7,308us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees 5,968us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees 6,240us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees 6,611us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees 6,243us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees 6,836us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees 37,952us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees 31,619us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees 25,930us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees
Interest expense 2,644us-gaap_InterestExpenseDebt 2,626us-gaap_InterestExpenseDebt 2,609us-gaap_InterestExpenseDebt 2,574us-gaap_InterestExpenseDebt 1,228us-gaap_InterestExpenseDebt 847us-gaap_InterestExpenseDebt 846us-gaap_InterestExpenseDebt 686us-gaap_InterestExpenseDebt         10,453us-gaap_InterestExpenseDebt 3,607us-gaap_InterestExpenseDebt  
Total expenses 41,258us-gaap_OperatingExpenses 44,180us-gaap_OperatingExpenses 39,901us-gaap_OperatingExpenses 39,807us-gaap_OperatingExpenses 40,020us-gaap_OperatingExpenses 33,048us-gaap_OperatingExpenses 32,926us-gaap_OperatingExpenses 28,641us-gaap_OperatingExpenses 30,012us-gaap_OperatingExpenses 26,356us-gaap_OperatingExpenses 26,846us-gaap_OperatingExpenses 30,271us-gaap_OperatingExpenses 165,146us-gaap_OperatingExpenses 134,635us-gaap_OperatingExpenses 113,485us-gaap_OperatingExpenses
Income before income taxes 23,494us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 22,775us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 26,383us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 28,310us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 25,232us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 21,644us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 26,407us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 33,170us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 21,065us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 5,125us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 12,009us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 11,381us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 100,962us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 106,453us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 49,580us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Net income 14,562us-gaap_NetIncomeLoss 14,052us-gaap_NetIncomeLoss 16,430us-gaap_NetIncomeLoss 17,620us-gaap_NetIncomeLoss 15,562us-gaap_NetIncomeLoss 13,378us-gaap_NetIncomeLoss 16,235us-gaap_NetIncomeLoss 20,387us-gaap_NetIncomeLoss 13,101us-gaap_NetIncomeLoss 2,826us-gaap_NetIncomeLoss 7,262us-gaap_NetIncomeLoss 6,968us-gaap_NetIncomeLoss 62,664us-gaap_NetIncomeLoss 65,562us-gaap_NetIncomeLoss 30,157us-gaap_NetIncomeLoss
Net income available to common stockholders $ 14,562us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 14,052us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 16,431us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 17,623us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 15,546us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 13,356us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 16,203us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 20,353us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 13,065us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 2,784us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 7,199us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 6,787us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 62,668us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 65,458us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 29,835us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share:                              
Basic $ 1.43us-gaap_EarningsPerShareBasic $ 1.34us-gaap_EarningsPerShareBasic $ 1.53us-gaap_EarningsPerShareBasic $ 1.60us-gaap_EarningsPerShareBasic $ 1.36us-gaap_EarningsPerShareBasic $ 1.17us-gaap_EarningsPerShareBasic $ 1.44us-gaap_EarningsPerShareBasic $ 1.87us-gaap_EarningsPerShareBasic $ 1.27us-gaap_EarningsPerShareBasic $ 0.30us-gaap_EarningsPerShareBasic $ 0.85us-gaap_EarningsPerShareBasic $ 1.07us-gaap_EarningsPerShareBasic $ 5.90us-gaap_EarningsPerShareBasic $ 5.82us-gaap_EarningsPerShareBasic $ 3.45us-gaap_EarningsPerShareBasic
Diluted $ 1.30us-gaap_EarningsPerShareDiluted $ 1.23us-gaap_EarningsPerShareDiluted $ 1.39us-gaap_EarningsPerShareDiluted $ 1.44us-gaap_EarningsPerShareDiluted $ 1.31us-gaap_EarningsPerShareDiluted $ 1.13us-gaap_EarningsPerShareDiluted $ 1.40us-gaap_EarningsPerShareDiluted $ 1.81us-gaap_EarningsPerShareDiluted $ 1.19us-gaap_EarningsPerShareDiluted $ 0.27us-gaap_EarningsPerShareDiluted $ 0.74us-gaap_EarningsPerShareDiluted $ 0.88us-gaap_EarningsPerShareDiluted $ 5.36us-gaap_EarningsPerShareDiluted $ 5.63us-gaap_EarningsPerShareDiluted $ 3.02us-gaap_EarningsPerShareDiluted