JAMES RIVER GROUP HOLDINGS, LTD. JRVR Income Statement

James river group holdings, ltd. (JRVR)

Income statement / Quarterly

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
Revenues
Gross written premiums
283,841	375,170	388,228	380,003	327,334	295,310	279,969	293,378	298,116	237,900	338,351	281,475	224,179	173,490	260,166	170,671	133,071	108,689	148,236	184,011	131,258	103,151	171,415	96,960	147,241
Ceded written premiums
149,187	150,540	164,359	140,093	119,593	105,663	106,528	104,772	87,138	93,772	81,587	73,651	66,269	60,882	55,025	37,613	26,170	28,058	25,308	25,197	22,599	20,686	17,579	15,019	15,400
Net written premiums
134,654	224,630	223,869	239,910	207,741	189,647	173,441	188,606	210,978	144,128	256,764	207,824	157,910	112,608	205,141	133,058	106,901	80,631	122,928	158,814	108,659	82,465	153,836	81,941	131,841
Change in net unearned premiums
11,264	-3,524	-10,495	-40,796	-17,589	11,909	31,249	19,604	-10,036	56,101	-54,648	-23,747	-3,223	34,221	-71,992	-14,503	10,229	34,798	-223	-52,754	8,352	27,690	-53,847	15,071	-42,785
Premiums Earned, Net
145,918	221,106	213,374	199,114	190,152	201,556	204,690	208,210	200,942	200,229	202,116	184,077	154,687	146,829	133,149	118,555	117,130	115,429	122,705	106,060	117,011	110,155	99,989	97,012	89,056
Net Investment Income
20,836	20,808	17,878	17,535	19,431	15,455	16,410	16,135	13,256	15,792	14,880	13,714	16,733	14,016	15,797	11,553	11,272	10,339	9,510	13,000	11,986	9,816	9,996	10,711	12,482
Realized Investment Gains (Losses)
-58,407	-3,250	-2,357	1,063	1,625	-5,072	467	-64	-810	-3,172	-171	307	1,047	5,189	210	1,619	547	-2,074	-17	350	-2,806	342	2,033	-1,790	-1,921
Other income
1,937	2,486	2,579	2,662	2,919	2,583	3,125	3,760	4,956	5,114	4,041	4,296	3,935	2,988	2,209	2,784	2,380	1,410	925	817	276	382	-201	863	78
Revenues
110,284	241,150	231,474	220,374	214,127	214,522	224,692	228,041	218,344	217,963	220,866	202,394	176,402	169,022	151,365	134,511	131,329	125,104	133,123	120,227	126,467	120,695	111,817	106,796	99,695
Expenses
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims
96,856	171,038	214,084	147,053	139,927	151,522	150,387	154,595	143,772	168,479	150,445	131,084	105,369	91,930	83,326	76,659	73,506	69,883	66,718	67,931	74,484	65,432	54,486	61,336	56,114
Other Cost and Expense, Operating
51,621	38,621	41,692	44,843	45,752	45,321	49,180	51,751	54,783	40,804	54,260	53,036	48,893	46,096	43,579	39,974	41,179	38,039	43,387	36,580	39,797	34,084	34,114	33,229	31,628
Other expenses
-	-	-372	-683	-	1,266	131	-93	-4	890	-119	-346	114	1,626	43	-91	12	523	69	69	69	13,164	2,459	296	93
Interest expense
2,876	2,510	2,594	2,684	2,808	3,094	2,991	2,946	2,522	2,323	2,304	2,224	2,123	2,154	2,079	2,041	2,174	1,782	1,769	1,744	1,704	1,686	1,557	1,557	1,547
Amortization of Intangible Assets
149	150	149	149	149	150	149	149	149	150	149	149	149	150	149	149	149	150	149	149	149	150	149	173	125
Total expenses
151,502	212,319	258,891	195,412	188,636	201,421	202,576	209,534	201,230	211,944	207,277	186,839	156,420	141,884	129,090	118,914	116,996	110,377	112,092	106,473	116,203	114,516	92,765	96,591	89,507
(Loss) income before taxes
-41,218	28,831	-27,417	24,962	25,491	13,101	22,116	18,507	17,114	6,019	13,589	15,555	19,982	27,138	22,275	15,597	14,333	14,727	21,031	13,754	10,264	6,179	19,052	10,205	10,188
Income tax expense (benefit):
Income tax (benefit) expense
-4,400	8,360	-2,250	4,655	2,763	1,469	2,535	1,523	1,481	5,795	3,238	1,014	1,532	1,466	909	1,001	1,496	2,057	2,070	1,265	887	-2,687	1,884	692	1,050
Net Income (Loss) Attributable to Parent
-36,815	20,471	-25,167	20,307	22,728	11,632	19,581	16,984	15,633	224	10,351	14,541	18,450	25,672	21,366	14,596	12,837	12,670	18,961	12,489	9,377	8,866	17,168	9,513	9,138
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Other Comprehensive Income (Loss), Net of Tax
-3,919	-3,507	9,457	20,732	20,260	7,291	-4,389	-6,558	-18,547	-2,239	716	6,708	4,034	-28,799	-1,672	12,792	15,620	-5,700	1,586	-15,005	3,949	4,071	-4,420	5,731	5,773
Total comprehensive (loss) income
-40,734	16,964	-15,710	41,039	42,988	18,923	15,192	10,426	-2,914	-2,015	11,067	21,249	22,484	-3,127	19,694	27,388	28,457	6,970	20,547	-2,516	13,326	12,937	12,748	15,244	14,911
Per share data:
Basic (loss) earnings per share (in dollars per share)
-1.21	0.67	-0.83	0.67	0.76	0.39	0.65	0.57	0.53	0.01	0.35	0.49	0.63	0.89	0.73	0.50	0.44	0.44	0.66	0.44	0.33	0.32	0.60	0.33	0.32
Diluted (loss) earnings per share (in dollars per share)
-1.21	0.67	-0.83	0.66	0.75	0.39	0.64	0.56	0.52	0.01	0.34	0.48	0.61	0.86	0.71	0.49	0.43	0.43	0.64	0.43	0.32	0.30	0.60	0.33	0.32
Dividend declared per share (in dollars per share)
0.30	0.30	0.30	0.30	0.30	0.30	0.30	0.30	0.30	0.80	0.30	0.30	0.30	1.65	0.20	0.20	0.20	1.16	0.16	0.16	0.16	-	2.45	-	0.00
Weighted-average common shares outstanding:
Basic (in shares)
30,476	30,412	30,382	30,246	30,059	29,969	29,935	29,882	29,764	29,626	29,524	29,406	29,289	29,162	29,101	29,035	28,953	28,825	28,735	28,547	28,540	28,540	28,540	28,540	28,540
Diluted (in shares)
30,476	31,152	30,382	30,689	30,472	30,361	30,380	30,293	30,193	30,237	30,220	30,307	30,327	30,074	29,935	29,825	29,742	29,608	29,418	29,214	29,098	28,878	28,793	28,787	28,780