RLI Corp RLI Income Statement

Rli corp (RLI)

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	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Net premiums earned
850,004	839,111	827,487	817,047	806,028	791,366	775,660	756,870	744,679	737,937	737,510	739,080	734,975	728,608	720,110	715,963	708,076	700,161	700,682	698,981	695,246	687,375	675,879	661,834	647,783	630,802	610,170	596,411	583,442	576,571	573,830	570,439	559,681	538,452	520,455	502,237	493,169	493,382	489,092	483,250	0	0	0
Net investment income
70,083	68,870	68,057	66,839	64,418	62,085	59,569	57,442	56,103	54,876	53,583	52,900	52,710	53,075	53,676	54,136	54,519	54,644	54,734	54,970	55,521	55,608	55,196	54,594	53,459	52,763	53,822	54,445	56,424	58,831	60,584	62,317	62,671	63,681	64,109	64,917	66,502	66,799	66,422	66,156	0	0	0
Net realized gains
23,604	17,520	32,550	48,147	64,232	63,624	53,697	34,924	12,716	6,970	12,673	21,985	26,054	34,740	37,664	35,851	37,943	39,829	35,164	33,338	38,967	32,182	26,251	31,542	24,853	22,036	27,564	22,046	18,796	26,528	20,080	14,679	24,237	17,293	22,564	27,011	21,252	23,243	22,266	30,158	0	0	0
Other-than-temporary-impairment (OTTI) losses on investments
-	-	-	-	-	200	727	566	566	2,600	2,185	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	-	0	-	-	-	-	-	0
Net unrealized losses on equity securities
-85,803	78,090	-16,986	-17,044	-38,465	-98,735	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Consolidated revenue
857,888	1,003,591	911,108	914,828	896,052	818,123	853,705	809,328	786,201	797,224	801,676	811,780	811,554	816,328	811,355	805,950	800,538	794,634	790,580	787,289	789,734	775,165	757,326	747,970	726,095	705,601	691,556	672,902	657,506	660,774	653,338	646,022	646,332	619,169	606,871	594,165	580,923	583,424	577,780	572,899	0	0	0
Losses and settlement expenses
430,140	413,416	431,094	432,335	430,069	428,193	398,962	411,921	400,615	401,584	397,365	372,067	361,997	349,778	339,924	315,083	299,355	299,045	294,690	297,658	306,454	296,609	288,880	277,107	269,369	259,801	269,460	275,812	271,210	271,645	251,534	245,738	215,096	200,084	188,216	179,237	193,946	201,332	202,829	195,786	0	0	0
Policy acquisition costs
290,346	288,697	280,851	277,713	272,296	267,738	267,724	261,376	255,746	252,515	251,351	251,046	250,872	249,612	246,638	245,382	244,348	241,078	239,861	237,536	233,205	229,283	223,024	219,020	215,366	210,651	206,744	201,830	198,501	196,362	194,715	195,377	193,447	183,868	172,875	163,575	155,047	156,894	160,431	158,363	0	0	0
Insurance operating expenses
67,144	69,430	62,209	59,635	57,085	53,803	60,603	57,896	57,044	56,994	52,725	54,362	54,228	53,093	53,133	52,094	52,149	51,480	52,574	53,395	53,462	54,464	54,828	55,170	53,521	53,557	48,292	46,383	45,281	44,971	46,860	45,609	46,956	44,312	43,473	43,332	39,372	38,584	37,638	37,549	0	0	0
Interest expense on debt
7,624	7,588	7,444	7,445	7,442	7,437	7,433	7,427	7,426	7,426	7,425	7,426	7,425	7,426	7,426	7,426	7,427	7,426	7,426	7,426	7,443	7,438	9,139	8,795	8,434	8,095	6,051	6,050	6,062	6,050	6,050	6,051	6,038	6,050	6,050	6,049	6,050	6,050	6,049	6,050	0	0	0
General corporate expenses
11,165	12,686	10,698	11,062	10,420	9,427	11,395	10,404	10,298	11,340	10,601	10,887	11,120	10,170	10,272	9,988	9,968	9,837	9,625	10,467	10,268	10,222	10,058	9,415	8,558	8,746	8,201	8,143	8,266	7,867	8,104	7,599	7,748	7,766	8,155	8,709	8,286	7,998	7,583	7,477	0	0	0
Total expenses
806,419	791,817	792,296	788,190	777,312	766,598	746,117	749,024	731,129	729,859	719,467	695,788	685,642	670,079	657,393	629,973	613,247	608,866	604,176	606,482	610,832	598,016	585,929	569,507	555,248	540,850	538,748	538,218	529,320	526,895	507,263	500,374	469,285	442,080	418,769	400,902	402,701	410,858	414,530	405,225	0	0	0
Equity in earnings of unconsolidated investees
20,160	20,960	17,996	17,572	16,204	16,056	17,673	17,746	17,452	17,224	15,414	13,635	12,020	10,833	10,696	9,476	10,471	10,914	11,175	13,429	13,107	12,338	12,423	12,072	10,841	10,915	10,621	9,916	9,406	8,853	8,210	7,064	6,827	6,497	6,989	7,924	7,464	7,101	8,447	9,523	0	0	0
Earnings (loss) before income taxes
71,629	232,734	136,808	144,210	134,944	67,581	125,261	78,050	72,524	84,589	97,623	129,627	137,932	157,082	164,658	185,453	197,762	196,682	197,579	194,236	192,009	189,487	183,820	190,535	181,688	175,666	163,429	144,600	137,592	142,732	154,285	152,712	183,874	183,586	195,091	201,187	185,686	179,667	171,697	177,197	0	0	0
Income tax expense:
Income tax expense (benefit)
6,727	41,092	19,204	19,558	17,508	3,402	-16,836	-26,409	-24,892	-20,439	17,666	29,141	34,577	42,162	48,072	55,222	59,423	59,138	56,391	55,702	54,935	54,042	52,013	54,335	51,311	49,411	45,936	39,291	37,437	39,386	46,105	46,026	56,944	56,988	57,407	59,507	54,004	51,470	53,498	52,883	0	0	0
Net earnings (loss)
64,902	191,642	117,604	124,652	117,436	64,179	142,097	104,459	97,416	105,028	79,957	100,486	103,355	114,920	116,586	130,231	138,339	137,544	141,188	138,534	137,074	135,445	131,807	136,200	130,377	126,255	117,493	105,309	100,155	103,346	108,180	106,686	126,930	126,598	137,684	141,680	131,682	128,197	118,199	124,314	0	0	0
Unrealized holding gains arising during the period
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-
Less: Reclassification adjustment for gains included in net earnings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-
Other comprehensive earnings (loss), net of tax
24,745	67,045	80,277	57,240	21,701	-33,997	-37,272	-21,132	-2,858	35,309	-4,250	-19,625	-11,158	-1,164	34,952	25,747	-18,251	-47,609	-38,625	-34,842	10,024	35,356	36,049	46,456	-6,959	-7,143	-29,742	-6,749	32,622	25,845	65,369	29,991	26,861	21,333	-15,728	29,079	14,554	18,581	64,955	57,289	0	0	0
Comprehensive earnings (loss)
89,615	258,687	197,882	181,893	139,138	30,182	104,825	83,327	94,558	140,337	75,707	80,861	92,197	113,756	151,538	155,978	120,088	89,935	102,563	103,692	147,098	170,801	167,856	182,656	123,418	119,112	87,751	98,560	132,777	129,191	173,549	136,677	153,791	147,931	121,956	170,759	146,236	146,778	183,154	181,603	0	0	0
Basic:
Net earnings (loss) per share (in dollars per share)
-1.36	1.18	0.72	0.91	1.47	-0.47	0.89	0.75	0.28	1.30	0.04	0.60	0.45	0.73	0.51	0.67	0.72	0.78	0.83	0.86	0.71	0.88	0.77	0.83	0.67	0.79	0.88	0.70	0.58	-1.25	1.20	1.17	1.32	-1.59	1.14	2.13	1.32	1.96	1.34	1.66	1.14	1.43	1.58
Comprehensive earnings (loss) per share (in dollars per share)
-1.65	1.06	1.06	1.53	2.13	-0.29	0.71	0.58	-0.32	1.40	0.23	0.84	0.72	-0.07	0.35	1.10	1.22	0.81	0.46	0.28	0.53	1.10	0.49	1.29	1.09	1.04	0.83	-0.08	1.00	-2.42	2.19	1.44	1.83	-0.79	0.46	2.27	1.57	1.51	2.79	1.10	1.58	3.14	2.63
Diluted:
Net earnings (loss) per share (in dollars per share)
-1.36	1.17	0.71	0.89	1.46	-0.46	0.88	0.74	0.27	1.28	0.04	0.59	0.45	0.73	0.50	0.65	0.71	0.77	0.81	0.84	0.70	0.85	0.76	0.82	0.66	0.78	0.86	0.69	0.57	-1.25	1.19	1.15	1.30	-1.58	1.12	2.11	1.30	1.93	1.33	1.65	1.13	1.42	1.57
Comprehensive earnings (loss) per share (in dollars per share)
-1.65	1.05	1.05	1.51	2.11	-0.28	0.70	0.57	-0.32	1.38	0.23	0.83	0.71	-0.06	0.34	1.08	1.20	0.79	0.45	0.28	0.52	1.08	0.48	1.27	1.07	1.02	0.82	-0.08	0.98	-2.39	2.16	1.42	1.80	-0.79	0.45	2.24	1.55	1.48	2.77	1.09	1.57	3.12	2.62
Weighted average number of common shares outstanding
Basic (in shares)
44,920	44,873	44,823	44,704	44,536	44,501	44,400	44,310	44,221	44,108	44,058	44,005	43,961	43,927	43,843	43,721	43,597	43,503	43,342	43,210	43,141	43,068	43,026	43,001	42,985	42,961	42,843	42,628	42,544	-63,449	21,218	21,213	21,188	105,435	21,089	21,075	21,025	20,947	20,931	21,026	21,176	21	21,617
Diluted (in shares)
44,920	45,573	45,349	45,219	44,887	45,008	44,940	44,742	44,650	44,464	44,515	44,519	44,502	44,452	44,492	44,423	44,361	44,360	44,153	44,019	43,992	44,202	43,712	43,688	43,674	43,924	43,546	43,341	43,245	-64,355	21,486	21,514	21,528	107,524	21,335	21,332	21,285	21,279	21,090	21,223	21,372	21	21,721
Cash dividends paid per common share
-	-	0.23	0.23	-	1.22	0.22	0.22	0.21	1.96	0.21	0.21	0.20	2.20	0.20	0.20	0.19	-	0.19	0.19	0.18	-	0.18	0.18	0.17	-	0.17	0.17	0.16	-	0.32	0.32	0.30	-	0.30	0.30	0.29	-	0.29	0.29	0.28	0.27	0.27