KINSALE CAPITAL GROUP, INC. KNSL Income Statement

Kinsale capital group, inc. (KNSL)

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	Sep'15	Jun'15
Revenues:
Gross written premiums
429,104	389,694	349,721	321,283	296,317	275,538	260,317	246,404	234,176	223,191	213,714	205,904	198,258	188,478	186,810	184,099	0	0	0
Ceded written premiums
52,057	47,633	45,527	45,897	42,727	39,924	37,925	34,885	33,775	33,719	22,546	28,161	34,627	21,214	50,829	62,926	0	0	0
Net written premiums
377,047	342,061	304,194	275,386	253,590	235,614	222,392	211,519	200,401	189,472	191,168	177,743	163,631	167,264	135,981	121,173	0	0	0
Change in unearned premiums
-65,796	-59,080	-44,557	-34,074	-27,472	-22,926	-21,604	-19,997	-16,720	-13,419	-24,191	-22,822	-19,979	-33,448	-22,348	-23,498	0	0	0
Net earned premiums
311,251	282,981	259,637	241,312	226,118	212,688	200,788	191,522	183,681	176,053	166,977	154,921	143,652	133,816	113,633	97,675	0	0	0
Net investment income
21,578	20,133	19,178	17,998	16,974	15,688	14,182	12,862	11,512	10,569	9,581	8,710	8,097	7,487	6,825	6,308	0	0	0
Net unrealized loss on equity securities
-9,667	12,389	920	2,434	619	-6,555	575	-1,185	-1,279	0	0	0	0	-	-	-	-	-	-
Net realized investment gains
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	0	0
Other income
32	26	22	14	13	12	12	10	6	3	0	0	78	136	264	455	0	0	0
Total revenues
324,049	315,888	279,988	261,798	244,173	222,114	215,952	203,654	194,215	186,776	176,387	163,416	151,584	141,615	121,097	104,821	0	0	0
Expenses:
Losses and loss adjustment expenses
189,564	169,563	155,211	142,486	132,874	128,041	119,097	118,580	110,472	103,680	94,969	79,350	74,947	70,961	61,895	54,007	0	0	0
Underwriting, acquisition and insurance expenses
76,184	70,217	65,035	60,561	56,643	53,425	50,138	47,277	45,250	44,146	42,295	37,608	33,597	28,551	19,077	12,806	0	0	0
Other expenses
21	57	104	211	190	168	121	41	443	429	1,527	2,023	2,107	2,567	1,937	1,931	0	0	0
Total expenses
265,769	239,837	220,350	203,258	189,707	181,634	169,356	165,898	156,165	148,255	138,791	118,981	110,651	102,079	82,909	68,744	0	0	0
Income before income taxes
58,280	76,051	59,638	58,540	54,466	40,480	46,596	37,756	38,050	38,521	37,596	44,435	40,933	39,536	38,188	36,077	0	0	0
Total income tax (benefit) expense
8,598	12,735	9,727	9,665	9,246	6,693	11,333	10,232	12,143	13,620	11,748	14,806	13,742	13,369	12,948	12,210	0	0	0
Net income
49,682	63,316	49,911	48,875	45,220	33,787	35,263	27,524	25,907	24,901	25,848	29,629	27,191	26,167	25,240	23,867	0	0	0
Other comprehensive income (loss):
Change in unrealized (losses) gains on available-for-sale investments, net of taxes of $(2,452) in 2020 and $1,802 in 2019
-1,229	14,774	18,933	13,738	6,167	-5,469	-6,327	-2,735	455	6,384	-769	-2,409	-1,693	-640	5,133	0	0	0	-
Unrealized gains (losses), net of taxes of $1,557 and $2,702 in 2016 and $(1,060) and $(653) in 2015
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Total comprehensive (loss) income
48,453	78,090	68,844	62,613	51,387	28,318	28,936	24,789	26,362	31,285	25,079	27,220	25,498	25,527	30,373	27,031	0	0	0
Earnings per share:
Earnings per share:
Basic
0.23	0.81	0.60	0.65	0.88	0.20	0.57	0.48	0.35	0.28	0.20	0.41	0.30	-	0.24	-	-	0.00	-
Diluted
0.22	0.79	0.58	0.63	0.86	0.20	0.55	0.47	0.34	0.27	0.20	0.40	0.29	-	0.24	-	-	0.00	-
Weighted average shares outstanding:
Basic
22,109	22,073	21,660	21,210	21,169	21,143	21,102	21,070	21,045	21,035	20,995	20,969	20,969	-	20,656	-	-	0	-
Diluted
22,678	22,672	22,277	21,832	21,763	21,725	21,721	21,666	21,628	21,626	21,520	21,457	21,389	-	20,741	-	-	0	-
Cash dividends declared per share
-	-	-	-	-	-	-	-	-	-	0.06	0.06	0.06	-	0.05	-	-	0.00	-