10-Q Filing

CREDIT ACCEPTANCE CORP CIK: 885550 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0000885550-16-000134`
Period End Date	20160630
Filing Date	20160729
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	cacc-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 72 Cash Flow Statement 92 Comprehensive Income 16

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Loans receivable, from affiliates	`DueFromAffiliates`	$12.60M	USD	Point-in-time
Loans receivable, from affiliates	`DueFromAffiliates`	$16.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$158.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.30M	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.40M	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$233.70M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$167.40M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Restricted securities available for sale	`AvailableForSaleSecuritiesRestricted`	$48.30M	USD	Point-in-time
Restricted securities available for sale	`AvailableForSaleSecuritiesRestricted`	$46.60M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Loans receivable (including $16.8 and $12.6 from affiliates as of June 30, 2016 and December 31, 2015, respectively)	`LoansAndLeasesReceivableNetOfDeferredIncome`	$3.05B	USD	Point-in-time
Loans receivable (including $16.8 and $12.6 from affiliates as of June 30, 2016 and December 31, 2015, respectively)	`LoansAndLeasesReceivableNetOfDeferredIncome`	$3.81B	USD	Point-in-time
Loans receivable (including $16.8 and $12.6 from affiliates as of June 30, 2016 and December 31, 2015, respectively)	`LoansAndLeasesReceivableNetOfDeferredIncome`	$2.94B	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Loans receivable (including $16.8 and $12.6 from affiliates as of June 30, 2016 and December 31, 2015, respectively)	`LoansAndLeasesReceivableNetOfDeferredIncome`	$3.63B	USD	Point-in-time
Loans receivable (including $16.8 and $12.6 from affiliates as of June 30, 2016 and December 31, 2015, respectively)	`LoansAndLeasesReceivableNetOfDeferredIncome`	$3.35B	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Loans receivable (including $16.8 and $12.6 from affiliates as of June 30, 2016 and December 31, 2015, respectively)	`LoansAndLeasesReceivableNetOfDeferredIncome`	$2.72B	USD	Point-in-time
Allowance for credit losses	`LoansAndLeasesReceivableAllowance`	$276.90M	USD	Point-in-time
Allowance for credit losses	`LoansAndLeasesReceivableAllowance`	$262.80M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	80.00M	shares	Point-in-time
Allowance for credit losses	`LoansAndLeasesReceivableAllowance`	$217.90M	USD	Point-in-time
Allowance for credit losses	`LoansAndLeasesReceivableAllowance`	$206.90M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	80.00M	shares	Point-in-time
Allowance for credit losses	`LoansAndLeasesReceivableAllowance`	$243.60M	USD	Point-in-time
Allowance for credit losses	`LoansAndLeasesReceivableAllowance`	$210.40M	USD	Point-in-time
Loans receivable, net	`LoansAndLeasesReceivableNetReportedAmount`	$3.10B	USD	Point-in-time
Loans receivable, net	`LoansAndLeasesReceivableNetReportedAmount`	$3.54B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	20.13M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	20.33M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	20.33M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$18.60M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$18.90M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	20.13M	shares	Point-in-time
Income taxes receivable	`IncomeTaxReceivable`	$10.00M	USD	Point-in-time
Income taxes receivable	`IncomeTaxReceivable`	$10.00M	USD	Point-in-time
Other assets (1)	`OtherAssets`	$22.10M	USD	Point-in-time
Other assets (1)	`OtherAssets`	$20.20M	USD	Point-in-time
Total Assets	`Assets`	$4.02B	USD	Point-in-time
Total Assets	`Assets`	$3.37B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$142.30M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$127.80M	USD	Point-in-time
Revolving secured line of credit	`LineOfCredit`	-	USD	Point-in-time
Revolving secured line of credit	`LineOfCredit`	$57.70M	USD	Point-in-time
Secured financing (1)	`SecuredDebt`	$2.00B	USD	Point-in-time
Secured financing (1)	`SecuredDebt`	$1.47B	USD	Point-in-time
Senior notes (1)	`SeniorLongTermNotes`	$540.60M	USD	Point-in-time
Senior notes (1)	`SeniorLongTermNotes`	$540.00M	USD	Point-in-time
Deferred Tax Liabilities, Net	`DeferredTaxLiabilities`	$248.90M	USD	Point-in-time
Deferred Tax Liabilities, Net	`DeferredTaxLiabilities`	$265.70M	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.44B	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.95B	USD	Point-in-time
Commitments and Contingencies - See Note 14	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies - See Note 14	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $.01 par value, 1,000,000 shares authorized, none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.01 par value, 1,000,000 shares authorized, none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $.01 par value, 80,000,000 shares authorized, 20,328,362 and 20,132,972 shares issued and outstanding as of June 30, 2016 and December 31, 2015, respectively	`CommonStockValue`	$200.00K	USD	Point-in-time
Common stock, $.01 par value, 80,000,000 shares authorized, 20,328,362 and 20,132,972 shares issued and outstanding as of June 30, 2016 and December 31, 2015, respectively	`CommonStockValue`	$200.00K	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$128.00M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$100.80M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$827.20M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$949.50M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$400.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-100.00K	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$1.08B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$928.10M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$3.37B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$4.02B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Finance charges	`FinancialServicesRevenue`	$180.20M	USD	1 Quarter
Finance charges	`FinancialServicesRevenue`	$418.00M	USD	2 Qtrs
Finance charges	`FinancialServicesRevenue`	$215.20M	USD	1 Quarter
Finance charges	`FinancialServicesRevenue`	$350.10M	USD	2 Qtrs
Premiums earned	`PremiumsEarnedNet`	$10.90M	USD	1 Quarter
Premiums earned	`PremiumsEarnedNet`	$12.60M	USD	1 Quarter
Premiums earned	`PremiumsEarnedNet`	$24.70M	USD	2 Qtrs
Premiums earned	`PremiumsEarnedNet`	$21.70M	USD	2 Qtrs
Other income	`OtherIncome`	$22.50M	USD	2 Qtrs
Other income	`OtherIncome`	$26.70M	USD	2 Qtrs
Other income	`OtherIncome`	$10.30M	USD	1 Quarter
Other income	`OtherIncome`	$12.40M	USD	1 Quarter
Total revenue	`Revenues`	$397.30M	USD	2 Qtrs
Total revenue	`Revenues`	$466.40M	USD	2 Qtrs
Total revenue	`Revenues`	$203.10M	USD	1 Quarter
Total revenue	`Revenues`	$238.50M	USD	1 Quarter
Salaries and wages	`LaborAndRelatedExpense`	$28.50M	USD	1 Quarter
Salaries and wages	`LaborAndRelatedExpense`	$30.10M	USD	1 Quarter
Salaries and wages	`LaborAndRelatedExpense`	$62.80M	USD	2 Qtrs
Salaries and wages	`LaborAndRelatedExpense`	$58.90M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$24.70M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$9.10M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$12.60M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$18.20M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$10.90M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$25.60M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$11.90M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$22.60M	USD	2 Qtrs
Provision for credit losses	`ProvisionForLoanAndLeaseLosses`	$17.90M	USD	1 Quarter
Provision for credit losses	`ProvisionForLoanAndLeaseLosses`	$40.00M	USD	2 Qtrs
Provision for credit losses	`ProvisionForLoanAndLeaseLosses`	$14.60M	USD	2 Qtrs
Provision for credit losses	`ProvisionForLoanAndLeaseLosses`	$8.40M	USD	1 Quarter
Interest	`InterestExpense`	$34.50M	USD	2 Qtrs
Interest	`InterestExpense`	$24.30M	USD	1 Quarter
Interest	`InterestExpense`	$19.60M	USD	1 Quarter
Interest	`InterestExpense`	$46.40M	USD	2 Qtrs
Provision for claims	`PolicyholderBenefitsAndClaimsIncurredNet`	$17.80M	USD	2 Qtrs
Provision for claims	`PolicyholderBenefitsAndClaimsIncurredNet`	$9.20M	USD	1 Quarter
Provision for claims	`PolicyholderBenefitsAndClaimsIncurredNet`	$13.80M	USD	2 Qtrs
Provision for claims	`PolicyholderBenefitsAndClaimsIncurredNet`	$7.00M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$103.80M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$166.60M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$85.70M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$213.30M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$253.10M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$134.70M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$230.70M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$117.40M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$43.20M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$85.00M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$49.80M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$93.80M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$159.30M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$84.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$145.70M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$74.20M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$3.54	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$6.96	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$7.81	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$4.17	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$4.17	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$6.95	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$3.54	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$7.80	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	20.41M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	20.95M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	20.93M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	20.38M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	20.95M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	20.38M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	20.43M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	20.95M	shares	2 Qtrs

Cash Flow Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$159.30M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$84.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$145.70M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$74.20M	USD	1 Quarter
Provision for credit losses	`ProvisionForLoanAndLeaseLosses`	$17.90M	USD	1 Quarter
Provision for credit losses	`ProvisionForLoanAndLeaseLosses`	$40.00M	USD	2 Qtrs
Provision for credit losses	`ProvisionForLoanAndLeaseLosses`	$14.60M	USD	2 Qtrs
Provision for credit losses	`ProvisionForLoanAndLeaseLosses`	$8.40M	USD	1 Quarter
Depreciation	`Depreciation`	$3.20M	USD	2 Qtrs
Depreciation	`Depreciation`	$2.90M	USD	2 Qtrs
Amortization	`AmortizationOfFinancingCostsAndDiscounts`	$4.10M	USD	2 Qtrs
Amortization	`AmortizationOfFinancingCostsAndDiscounts`	$4.40M	USD	2 Qtrs
Loss on retirement of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	2 Qtrs
Loss on retirement of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-200.00K	USD	2 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$16.50M	USD	2 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$15.20M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$2.60M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$3.80M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.70M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$6.70M	USD	2 Qtrs
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$11.20M	USD	2 Qtrs
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.60M	USD	2 Qtrs
Increase in income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$9.30M	USD	2 Qtrs
Increase in income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	-	USD	2 Qtrs
Decrease in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	2 Qtrs
Decrease in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-2.90M	USD	2 Qtrs
Decrease (increase) in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.30M	USD	2 Qtrs
Decrease (increase) in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.10M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$228.50M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$189.50M	USD	2 Qtrs
Increase in restricted cash and cash equivalents	`IncreaseDecreaseInRestrictedCash`	$19.90M	USD	2 Qtrs
Increase in restricted cash and cash equivalents	`IncreaseDecreaseInRestrictedCash`	$66.30M	USD	2 Qtrs
Purchases of restricted securities available for sale	`PaymentsToAcquireAvailableForSaleSecurities`	$18.70M	USD	2 Qtrs
Purchases of restricted securities available for sale	`PaymentsToAcquireAvailableForSaleSecurities`	$20.10M	USD	2 Qtrs
Proceeds from sale of restricted securities available for sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$19.00M	USD	2 Qtrs
Proceeds from sale of restricted securities available for sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$18.60M	USD	2 Qtrs
Maturities of restricted securities available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$2.10M	USD	2 Qtrs
Maturities of restricted securities available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$2.40M	USD	2 Qtrs
Principal collected on Loans receivable	`ProceedsFromCollectionOfLoansReceivable`	$886.60M	USD	2 Qtrs
Principal collected on Loans receivable	`ProceedsFromCollectionOfLoansReceivable`	$488.60M	USD	1 Quarter
Principal collected on Loans receivable	`ProceedsFromCollectionOfLoansReceivable`	$1.00B	USD	2 Qtrs
Principal collected on Loans receivable	`ProceedsFromCollectionOfLoansReceivable`	$432.10M	USD	1 Quarter
Advances to Dealers	`AdvancesToDealers`	$1.00B	USD	2 Qtrs
Advances to Dealers	`AdvancesToDealers`	$943.60M	USD	2 Qtrs
Purchases of Consumer Loans	`PaymentsToAcquireLoansReceivable`	$174.20M	USD	2 Qtrs
Purchases of Consumer Loans	`PaymentsToAcquireLoansReceivable`	$370.80M	USD	2 Qtrs
Accelerated payments of Dealer Holdback	`AcceleratedPaymentsOfDealerHoldback`	$26.60M	USD	2 Qtrs
Accelerated payments of Dealer Holdback	`AcceleratedPaymentsOfDealerHoldback`	$14.90M	USD	1 Quarter
Accelerated payments of Dealer Holdback	`AcceleratedPaymentsOfDealerHoldback`	$29.70M	USD	2 Qtrs
Accelerated payments of Dealer Holdback	`AcceleratedPaymentsOfDealerHoldback`	$12.80M	USD	1 Quarter
Payments of Dealer Holdback	`PaymentsOfDealerHoldback`	$78.60M	USD	2 Qtrs
Payments of Dealer Holdback	`PaymentsOfDealerHoldback`	$37.50M	USD	1 Quarter
Payments of Dealer Holdback	`PaymentsOfDealerHoldback`	$75.80M	USD	2 Qtrs
Payments of Dealer Holdback	`PaymentsOfDealerHoldback`	$35.90M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.20M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.90M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-540.40M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-357.60M	USD	2 Qtrs
Borrowings under revolving secured line of credit	`ProceedsFromLongTermLinesOfCredit`	$1.04B	USD	2 Qtrs
Borrowings under revolving secured line of credit	`ProceedsFromLongTermLinesOfCredit`	$1.12B	USD	2 Qtrs
Repayments under revolving secured line of credit	`RepaymentsOfLongTermLinesOfCredit`	$1.09B	USD	2 Qtrs
Repayments under revolving secured line of credit	`RepaymentsOfLongTermLinesOfCredit`	$1.22B	USD	2 Qtrs
Proceeds from secured financing	`ProceedsFromIssuanceOfSecuredDebt`	$571.40M	USD	2 Qtrs
Proceeds from secured financing	`ProceedsFromIssuanceOfSecuredDebt`	$1.40B	USD	2 Qtrs
Repayments of secured financing	`RepaymentsOfSecuredDebt`	$868.50M	USD	2 Qtrs
Repayments of secured financing	`RepaymentsOfSecuredDebt`	$559.40M	USD	2 Qtrs
Proceeds from issuance of senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$248.20M	USD	2 Qtrs
Proceeds from issuance of senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$5.50M	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$8.10M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.10M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$40.80M	USD	2 Qtrs
Tax benefits from stock-based compensation plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$27.20M	USD	2 Qtrs
Tax benefits from stock-based compensation plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$300.00K	USD	2 Qtrs
Proceeds from (Payments for) Other Financing Activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$11.90M	USD	2 Qtrs
Proceeds from (Payments for) Other Financing Activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$6.40M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$163.00M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$463.90M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-5.10M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$152.00M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.30M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$158.30M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.30M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.40M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.30M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$158.30M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.30M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.40M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaidNet`	$41.60M	USD	2 Qtrs
Cash paid during the period for interest	`InterestPaidNet`	$25.70M	USD	2 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaidNet`	$47.80M	USD	2 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaidNet`	$79.90M	USD	2 Qtrs

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$159.30M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$84.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$145.70M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$74.20M	USD	1 Quarter
Unrealized gain (loss) on securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$500.00K	USD	2 Qtrs
Unrealized gain (loss) on securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$100.00K	USD	1 Quarter
Unrealized gain (loss) on securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$100.00K	USD	2 Qtrs
Unrealized gain (loss) on securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-200.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$100.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$500.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-200.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$100.00K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$85.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$159.80M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$145.80M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$74.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.