DONEGAL GROUP INC DGICA Income Statement

Donegal group inc (DGICA)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenues:
Net premiums earned
755,257	756,078	752,808	750,648	747,599	741,290	736,200	725,822	715,123	702,514	690,431	679,957	666,885	656,204	642,784	629,071	617,586	605,640	594,294	583,347	569,479	556,497	545,268	533,763	524,138	515,291	504,134	494,406	485,012	475,002	467,354	454,944	442,366	431,470	412,242	396,737	0	0	0
Investment income, net of investment expenses
29,842	29,514	29,294	28,525	27,577	26,907	25,483	24,842	24,150	23,527	23,546	23,147	22,841	22,632	21,915	21,733	21,547	20,949	20,320	19,220	18,677	18,344	18,214	18,539	18,595	18,795	19,554	19,645	19,894	20,168	19,889	20,216	20,717	20,858	20,402	20,329	0	0	0
Net investment (losses) gains
-6,807	21,984	10,430	14,262	14,213	-4,801	5,560	2,657	2,237	5,705	4,528	4,985	4,603	2,525	3,456	1,683	1,358	1,934	1,520	2,625	4,269	3,134	1,776	1,774	994	2,423	4,652	5,615	5,890	6,859	10,284	11,430	14,218	12,281	9,608	9,114	0	0	0
Lease income
441	443	448	457	468	480	483	476	482	500	539	589	634	670	696	711	728	750	780	818	842	855	854	850	847	849	864	887	921	953	0	0	0	-	-	-	-	-	-
Lease income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0
Installment payment fees
3,913	4,134	4,500	4,749	4,997	5,256	5,303	5,371	5,369	5,157	5,007	5,013	5,076	5,302	5,470	5,563	5,677	5,834	5,982	6,150	6,352	6,473	6,594	6,721	6,773	6,841	7,000	7,147	7,340	7,465	7,508	7,483	7,428	7,427	6,995	6,466	0	0	0
Equity in earnings of Donegal Financial Services Corporation
0	295	836	1,568	2,356	2,693	2,751	2,422	2,020	1,621	1,410	1,365	1,283	1,086	699	749	785	1,277	1,753	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in earnings of Donegal Financial Services Corporation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	3,411	4,012	4,447	4,533	4,280	3,969	3,078	2,023	0	0	0	-	-
Total revenues
782,648	812,451	798,318	800,212	797,213	771,828	775,781	761,593	749,383	739,026	725,463	715,059	701,325	688,423	675,022	659,513	647,683	636,387	624,182	613,516	600,981	586,547	574,351	563,550	553,576	547,110	539,618	531,715	523,507	514,982	510,294	499,027	488,782	475,017	451,552	433,913	0	0	0
Expenses:
Net losses and loss expenses
500,523	506,387	528,756	538,739	542,985	576,458	563,505	537,165	529,417	487,268	470,194	466,983	442,171	423,315	412,301	403,360	398,005	398,366	397,889	386,659	386,708	388,401	369,716	363,595	355,227	343,127	347,707	344,929	341,795	332,871	338,915	346,221	344,032	340,502	314,088	293,186	0	0	0
Amortization of deferred policy acquisition costs
121,788	122,443	122,431	122,237	121,891	120,964	121,028	118,926	117,047	115,065	113,233	111,749	109,603	107,876	105,675	103,187	101,459	99,513	97,785	95,638	92,837	90,146	87,750	85,627	83,512	81,753	79,570	77,668	75,993	74,314	72,649	71,067	69,460	68,571	67,290	66,154	0	0	0
Other underwriting expenses
116,474	114,561	116,335	114,348	114,632	113,270	110,343	117,604	117,371	116,538	115,440	111,990	110,309	108,458	106,074	101,890	100,514	97,709	93,050	91,690	88,033	84,659	85,661	84,321	83,903	82,196	77,632	75,308	73,419	73,914	74,715	70,870	68,723	66,923	63,845	62,741	0	0	0
Policyholder dividends
8,470	8,978	8,552	7,156	6,400	5,353	5,157	5,483	5,482	5,014	5,066	4,833	4,375	4,373	4,100	3,843	3,776	3,862	3,351	3,399	3,318	2,795	2,572	2,095	1,828	1,909	1,815	1,759	1,528	1,342	1,510	1,332	1,322	1,240	749	591	0	0	0
Interest
1,238	1,579	1,931	2,140	2,403	2,302	2,062	1,877	1,693	1,593	1,584	1,591	1,612	1,657	1,489	1,203	1,189	1,111	1,248	1,428	1,482	1,516	1,559	1,623	1,513	1,635	1,826	1,978	2,275	2,358	2,380	2,325	2,253	2,126	1,714	1,354	0	0	0
Other expenses, net
1,414	1,420	1,268	1,577	1,757	1,717	2,000	1,617	1,516	1,432	1,269	1,318	1,217	1,412	1,926	2,001	2,362	2,451	2,304	2,534	2,510	2,745	2,699	2,997	3,757	3,777	3,585	3,229	2,401	2,322	2,492	2,510	2,477	2,392	2,363	2,454	0	0	0
Total expenses
749,909	755,370	779,276	786,198	790,070	820,065	804,098	782,675	772,529	726,912	706,788	698,466	669,290	647,094	637,347	621,265	613,088	608,794	595,630	581,351	574,889	570,264	549,960	540,259	529,742	514,399	512,136	504,874	497,413	487,124	492,663	494,328	488,270	481,756	450,051	426,483	0	0	0
Income before income tax (benefit) expense
32,739	57,081	19,041	14,013	7,143	-48,236	-28,317	-21,082	-23,145	12,114	18,675	16,592	32,034	41,328	37,675	38,247	34,595	27,592	35,023	0	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income before income tax expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	0	-	17,630	4,698	512	-6,739	1,500	7,430	0	0	0
Income tax (benefit) expense
4,879	9,929	1,042	-5	-1,297	-15,476	-7,776	-6,444	-6,978	4,998	3,226	3,438	7,977	10,527	10,445	10,143	8,610	6,602	5,059	5,610	4,063	1,743	4,774	4,769	4,621	6,388	4,504	4,677	4,535	4,765	1,636	-5,275	-5,744	-7,192	-4,740	268	0	0	0
Net income
27,859	47,151	17,999	14,019	8,440	-32,760	-20,540	-14,638	-16,166	7,116	15,448	13,153	24,057	30,801	27,230	28,104	25,984	20,990	23,492	26,554	22,027	14,539	19,616	18,521	19,212	26,321	22,978	22,163	21,557	23,092	15,993	9,974	6,257	452	6,241	7,161	0	0	0
Earnings per common share:
Basic earnings (loss) per common share:
Diluted earnings (loss) per share:
Statements of Comprehensive Income (Loss)
Net income (loss)
27,859	47,151	17,999	14,019	8,440	-32,760	-20,540	-14,638	-16,166	7,116	15,448	13,153	24,057	30,801	27,230	28,104	25,984	20,990	23,492	26,554	22,027	14,539	19,616	18,521	19,212	26,321	22,978	22,163	21,557	23,092	15,993	9,974	6,257	452	6,241	7,161	0	0	0
Class A Common Stock [Member]
Common stock - Basic
-	-	0.19	0.17	-	-	0.04	-0.03	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock - Diluted
-	-	0.18	0.17	-	-	0.04	-0.03	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
common stock - basic and diluted
0.13	-	-	0.17	0.82	-	-	-0.03	-0.66	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Class B Common Stock [Member]
Common stock - Basic
-	-	0.16	0.15	-	-	0.04	-0.03	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock - Diluted
-	-	0.16	0.15	-	-	0.04	-0.03	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
common stock - basic and diluted
0.12	-	0.16	0.15	0.75	-	0.04	-0.03	-0.60	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-