10-Q Filing

CREDIT ACCEPTANCE CORP CIK: 885550 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0000885550-22-000064`
Period End Date	20220630
Filing Date	20220801
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	cacc-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 72 Cash Flow Statement 84 Stockholders Equity 35 Comprehensive Income 16

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$383.50M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$380.20M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$426.70M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$477.40M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$410.90M	USD	Point-in-time
Debt Securities, Available-for-sale, Restricted	`DebtSecuritiesAvailableForSaleRestricted`	$66.00M	USD	Point-in-time
Debt Securities, Available-for-sale, Restricted	`DebtSecuritiesAvailableForSaleRestricted`	$62.10M	USD	Point-in-time
Loans receivable	`LoansAndLeasesReceivableNetOfDeferredIncome`	$9.19B	USD	Point-in-time
Loans receivable	`LoansAndLeasesReceivableNetOfDeferredIncome`	$9.35B	USD	Point-in-time
Allowance for credit losses	`LoansAndLeasesReceivableAllowance`	$2.87B	USD	Point-in-time
Allowance for credit losses	`LoansAndLeasesReceivableAllowance`	$3.01B	USD	Point-in-time
Loans receivable, net	`LoansAndLeasesReceivableNetReportedAmount`	$6.32B	USD	Point-in-time
Loans receivable, net	`LoansAndLeasesReceivableNetReportedAmount`	$6.77B	USD	Point-in-time
Loans receivable, net	`LoansAndLeasesReceivableNetReportedAmount`	$6.88B	USD	Point-in-time
Loans receivable, net	`LoansAndLeasesReceivableNetReportedAmount`	$6.79B	USD	Point-in-time
Loans receivable, net	`LoansAndLeasesReceivableNetReportedAmount`	$6.33B	USD	Point-in-time
Loans receivable, net	`LoansAndLeasesReceivableNetReportedAmount`	$6.34B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$57.30M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$53.70M	USD	Point-in-time
Income taxes receivable	`IncomeTaxReceivable`	$109.20M	USD	Point-in-time
Income taxes receivable	`IncomeTaxReceivable`	$52.20M	USD	Point-in-time
Other assets	`OtherAssets`	$52.10M	USD	Point-in-time
Other assets	`OtherAssets`	$51.80M	USD	Point-in-time
Total Assets	`Assets`	$7.05B	USD	Point-in-time
Total Assets	`Assets`	$6.98B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$175.00M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$225.60M	USD	Point-in-time
Revolving secured line of credit	`LineOfCredit`	$220.70M	USD	Point-in-time
Revolving secured line of credit	`LineOfCredit`	$2.60M	USD	Point-in-time
Secured financing	`SecuredDebt`	$3.81B	USD	Point-in-time
Secured financing	`SecuredDebt`	$3.77B	USD	Point-in-time
Senior notes	`SeniorLongTermNotes`	$793.40M	USD	Point-in-time
Senior notes	`SeniorLongTermNotes`	$792.50M	USD	Point-in-time
Mortgage note	`OtherBorrowings`	$9.20M	USD	Point-in-time
Mortgage note	`OtherBorrowings`	$9.70M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$440.40M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$435.20M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxes`	$200.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxes`	$200.00K	USD	Point-in-time
Total Liabilities	`Liabilities`	$5.23B	USD	Point-in-time
Total Liabilities	`Liabilities`	$5.46B	USD	Point-in-time
Commitments and Contingencies - See Note 15	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies - See Note 15	`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, 12,975,455 and 14,145,888 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$100.00K	USD	Point-in-time
Common stock, $.01 par value, 80,000,000 shares authorized, 12,975,455 and 14,145,888 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$100.00K	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$197.20M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$225.80M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.63B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.30B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$200.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.20M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$2.30B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$1.82B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$1.63B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$1.52B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$2.37B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$2.39B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$7.05B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$6.98B	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 issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	80.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	80.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	14.15M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	12.98M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	14.15M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	12.98M	shares	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Finance charges	`FinanceChargesRevenue`	$445.40M	USD	1 Quarter
Finance charges	`FinanceChargesRevenue`	$849.70M	USD	2 Qtrs
Finance charges	`FinanceChargesRevenue`	$425.60M	USD	1 Quarter
Finance charges	`FinanceChargesRevenue`	$870.30M	USD	2 Qtrs
Premiums earned	`PremiumsEarnedNet`	$30.20M	USD	2 Qtrs
Premiums earned	`PremiumsEarnedNet`	$29.20M	USD	2 Qtrs
Premiums earned	`PremiumsEarnedNet`	$15.40M	USD	1 Quarter
Premiums earned	`PremiumsEarnedNet`	$15.80M	USD	1 Quarter
Other income	`OtherIncome`	$10.50M	USD	1 Quarter
Other income	`OtherIncome`	$34.20M	USD	2 Qtrs
Other income	`OtherIncome`	$16.40M	USD	1 Quarter
Other income	`OtherIncome`	$22.20M	USD	2 Qtrs
Total revenue	`Revenues`	$471.70M	USD	1 Quarter
Total revenue	`Revenues`	$457.40M	USD	1 Quarter
Total revenue	`Revenues`	$922.70M	USD	2 Qtrs
Total revenue	`Revenues`	$913.10M	USD	2 Qtrs
Salaries and wages	`LaborAndRelatedExpense`	$87.70M	USD	2 Qtrs
Salaries and wages	`LaborAndRelatedExpense`	$65.40M	USD	1 Quarter
Salaries and wages	`LaborAndRelatedExpense`	$38.40M	USD	1 Quarter
Salaries and wages	`LaborAndRelatedExpense`	$129.80M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$16.90M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$63.00M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$32.30M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$51.20M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$14.90M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$32.10M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$38.20M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$19.00M	USD	1 Quarter
Provision for credit losses	`ProvisionForLoanAndLeaseLosses`	$170.80M	USD	2 Qtrs
Provision for credit losses	`ProvisionForLoanAndLeaseLosses`	$147.50M	USD	1 Quarter
Provision for credit losses	`ProvisionForLoanAndLeaseLosses`	$-30.50M	USD	1 Quarter
Provision for credit losses	`ProvisionForLoanAndLeaseLosses`	$-9.20M	USD	2 Qtrs
Interest	`InterestExpense`	$75.40M	USD	2 Qtrs
Interest	`InterestExpense`	$42.00M	USD	1 Quarter
Interest	`InterestExpense`	$38.90M	USD	1 Quarter
Interest	`InterestExpense`	$85.80M	USD	2 Qtrs
Provision for claims	`PolicyholderBenefitsAndClaimsIncurredNet`	$10.30M	USD	1 Quarter
Provision for claims	`PolicyholderBenefitsAndClaimsIncurredNet`	$12.20M	USD	1 Quarter
Provision for claims	`PolicyholderBenefitsAndClaimsIncurredNet`	$21.10M	USD	2 Qtrs
Provision for claims	`PolicyholderBenefitsAndClaimsIncurredNet`	$19.30M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$278.70M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$486.50M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$315.30M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$92.00M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$142.10M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$379.70M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$426.60M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$644.00M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$104.90M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$34.70M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$153.30M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$91.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$107.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$490.70M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$288.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$321.70M	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$17.19	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$23.23	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$28.99	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$7.99	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$17.18	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$28.96	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$7.94	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$23.10	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.79M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.44M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.85M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.92M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	13.93M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.94M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	13.52M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.79M	shares	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$107.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$490.70M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$288.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$321.70M	USD	2 Qtrs
Provision for credit losses	`ProvisionForLoanAndLeaseLosses`	$170.80M	USD	2 Qtrs
Provision for credit losses	`ProvisionForLoanAndLeaseLosses`	$147.50M	USD	1 Quarter
Provision for credit losses	`ProvisionForLoanAndLeaseLosses`	$-30.50M	USD	1 Quarter
Provision for credit losses	`ProvisionForLoanAndLeaseLosses`	$-9.20M	USD	2 Qtrs
Depreciation	`Depreciation`	$4.60M	USD	2 Qtrs
Depreciation	`Depreciation`	$4.80M	USD	2 Qtrs
Amortization	`AmortizationOfFinancingCostsAndDiscounts`	$8.50M	USD	2 Qtrs
Amortization	`AmortizationOfFinancingCostsAndDiscounts`	$8.10M	USD	2 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$5.70M	USD	2 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$11.00M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$18.20M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$-9.80M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$9.10M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$-10.90M	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$-200.00K	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$100.00K	USD	2 Qtrs
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$37.20M	USD	2 Qtrs
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$40.40M	USD	2 Qtrs
Decrease in income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-129.10M	USD	2 Qtrs
Decrease in income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-57.00M	USD	2 Qtrs
Decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-3.60M	USD	2 Qtrs
Decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.80M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$625.60M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$668.50M	USD	2 Qtrs
Payments to Acquire Debt Securities, Available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$25.20M	USD	2 Qtrs
Payments to Acquire Debt Securities, Available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$24.40M	USD	2 Qtrs
Proceeds from sale of restricted securities available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$6.30M	USD	2 Qtrs
Proceeds from sale of restricted securities available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$6.10M	USD	2 Qtrs
Maturities of restricted securities available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$10.90M	USD	2 Qtrs
Maturities of restricted securities available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$14.80M	USD	2 Qtrs
Principal collected on Loans receivable	`ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1`	$1.97B	USD	2 Qtrs
Principal collected on Loans receivable	`ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1`	$1.86B	USD	2 Qtrs
Advances to Dealers	`AdvancesToDealers`	$1.32B	USD	2 Qtrs
Advances to Dealers	`AdvancesToDealers`	$1.16B	USD	2 Qtrs
Purchases of Consumer Loans	`PaymentsToAcquireLoansReceivable`	$672.80M	USD	2 Qtrs
Purchases of Consumer Loans	`PaymentsToAcquireLoansReceivable`	$578.40M	USD	2 Qtrs
Accelerated payments of Dealer Holdback	`AcceleratedPaymentsOfDealerHoldback`	$16.20M	USD	1 Quarter
Accelerated payments of Dealer Holdback	`AcceleratedPaymentsOfDealerHoldback`	$15.50M	USD	1 Quarter
Accelerated payments of Dealer Holdback	`AcceleratedPaymentsOfDealerHoldback`	$24.90M	USD	2 Qtrs
Accelerated payments of Dealer Holdback	`AcceleratedPaymentsOfDealerHoldback`	$26.60M	USD	2 Qtrs
Payments of Dealer Holdback	`PaymentsOfDealerHoldback`	$90.40M	USD	2 Qtrs
Payments of Dealer Holdback	`PaymentsOfDealerHoldback`	$47.20M	USD	1 Quarter
Payments of Dealer Holdback	`PaymentsOfDealerHoldback`	$40.40M	USD	1 Quarter
Payments of Dealer Holdback	`PaymentsOfDealerHoldback`	$79.40M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.00M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.10M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-166.40M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$21.60M	USD	2 Qtrs
Borrowings under revolving secured line of credit	`ProceedsFromLongTermLinesOfCredit`	$3.88B	USD	2 Qtrs
Borrowings under revolving secured line of credit	`ProceedsFromLongTermLinesOfCredit`	$994.20M	USD	2 Qtrs
Repayments under revolving secured line of credit	`RepaymentsOfLongTermLinesOfCredit`	$1.09B	USD	2 Qtrs
Repayments under revolving secured line of credit	`RepaymentsOfLongTermLinesOfCredit`	$3.66B	USD	2 Qtrs
Proceeds from secured financing	`ProceedsFromIssuanceOfSecuredDebt`	$1.38B	USD	2 Qtrs
Proceeds from secured financing	`ProceedsFromIssuanceOfSecuredDebt`	$729.80M	USD	2 Qtrs
Repayments of secured financing	`RepaymentsOfSecuredDebt`	$773.90M	USD	2 Qtrs
Repayments of secured financing	`RepaymentsOfSecuredDebt`	$1.11B	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$7.00M	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$11.20M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$389.70M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$652.70M	USD	2 Qtrs
Proceeds from Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$11.10M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-400.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$12.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-225.40M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-462.60M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-3.40M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$464.70M	USD	2 Qtrs
Cash and cash equivalents and restricted cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$434.20M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$430.80M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$860.90M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$396.20M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$434.20M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$430.80M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$860.90M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$396.20M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaidNet`	$66.80M	USD	2 Qtrs
Cash paid during the period for interest	`InterestPaidNet`	$78.30M	USD	2 Qtrs
Cash paid during the period for income taxes, net of refunds	`IncomeTaxesPaidNet`	$67.90M	USD	2 Qtrs
Cash paid during the period for income taxes, net of refunds	`IncomeTaxesPaidNet`	$37.90M	USD	2 Qtrs

Stockholders Equity 35 line items

Line Item	Tag	Value	Unit	Period
Balance, shares	`CommonStockSharesOutstanding`	14.15M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	12.98M	shares	Point-in-time
Common stock repurchased, shares	`StockRepurchasedDuringPeriodShares`	991,571.00	shares	2 Qtrs
Common stock repurchased, shares	`StockRepurchasedDuringPeriodShares`	1.21M	shares	2 Qtrs
Balance, shares	`CommonStockSharesOutstanding`	14.15M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	12.98M	shares	Point-in-time
Balance	`StockholdersEquity`	$2.30B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.82B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.63B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.52B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.37B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.39B	USD	Point-in-time
Net income	`NetIncomeLoss`	$107.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$490.70M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$288.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$321.70M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-700.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-700.00K	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-2.40M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$-9.80M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.20M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$-10.90M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.10M	USD	1 Quarter
Common stock repurchased, value	`StockRepurchasedDuringPeriodValue`	$254.50M	USD	1 Quarter
Common stock repurchased, value	`StockRepurchasedDuringPeriodValue`	$389.70M	USD	2 Qtrs
Common stock repurchased, value	`StockRepurchasedDuringPeriodValue`	$652.70M	USD	2 Qtrs
Common stock repurchased, value	`StockRepurchasedDuringPeriodValue`	$229.70M	USD	1 Quarter
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$11.10M	USD	2 Qtrs
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$5.20M	USD	1 Quarter
Balance	`StockholdersEquity`	$2.30B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.82B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.63B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.52B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.37B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.39B	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$107.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$490.70M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$288.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$321.70M	USD	2 Qtrs
Unrealized loss on securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-700.00K	USD	2 Qtrs
Unrealized loss on securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-700.00K	USD	1 Quarter
Unrealized loss on securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Unrealized loss on securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-2.40M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.40M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-700.00K	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-700.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$288.60M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$106.70M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$490.00M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$319.30M	USD	2 Qtrs

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