10-Q Filing

CREDIT ACCEPTANCE CORP CIK: 885550 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000885550-23-000080`
Period End Date	20230630
Filing Date	20230801
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	cacc-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 76 Cash Flow Statement 86 Stockholders Equity 39 Comprehensive Income 16

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.30M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$426.70M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$408.80M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$410.00M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$410.90M	USD	Point-in-time
Debt Securities, Available-for-sale, Restricted	`DebtSecuritiesAvailableForSaleRestricted`	$81.40M	USD	Point-in-time
Debt Securities, Available-for-sale, Restricted	`DebtSecuritiesAvailableForSaleRestricted`	$72.30M	USD	Point-in-time
Loans receivable	`LoansAndLeasesReceivableNetOfDeferredIncome`	$9.60B	USD	Point-in-time
Loans receivable	`LoansAndLeasesReceivableNetOfDeferredIncome`	$9.17B	USD	Point-in-time
Allowance for credit losses	`LoansAndLeasesReceivableAllowance`	$2.87B	USD	Point-in-time
Allowance for credit losses	`LoansAndLeasesReceivableAllowance`	$2.99B	USD	Point-in-time
Loans receivable, net	`LoansAndLeasesReceivableNetReportedAmount`	$6.33B	USD	Point-in-time
Loans receivable, net	`LoansAndLeasesReceivableNetReportedAmount`	$6.30B	USD	Point-in-time
Loans receivable, net	`LoansAndLeasesReceivableNetReportedAmount`	$6.34B	USD	Point-in-time
Loans receivable, net	`LoansAndLeasesReceivableNetReportedAmount`	$6.61B	USD	Point-in-time
Loans receivable, net	`LoansAndLeasesReceivableNetReportedAmount`	$6.32B	USD	Point-in-time
Loans receivable, net	`LoansAndLeasesReceivableNetReportedAmount`	$6.50B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$49.40M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$51.40M	USD	Point-in-time
Income taxes receivable	`IncomeTaxReceivable`	$13.70M	USD	Point-in-time
Income taxes receivable	`IncomeTaxReceivable`	$8.70M	USD	Point-in-time
Other assets	`OtherAssets`	$38.70M	USD	Point-in-time
Other assets	`OtherAssets`	$56.90M	USD	Point-in-time
Total assets	`Assets`	$6.90B	USD	Point-in-time
Total assets	`Assets`	$7.21B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$263.10M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$260.80M	USD	Point-in-time
Revolving secured lines of credit	`LineOfCredit`	$168.90M	USD	Point-in-time
Revolving secured lines of credit	`LineOfCredit`	$30.90M	USD	Point-in-time
Secured financing	`SecuredDebt`	$3.76B	USD	Point-in-time
Secured financing	`SecuredDebt`	$3.77B	USD	Point-in-time
Senior notes	`SeniorLongTermNotes`	$794.90M	USD	Point-in-time
Senior notes	`SeniorLongTermNotes`	$794.50M	USD	Point-in-time
Mortgage note	`OtherBorrowings`	$8.90M	USD	Point-in-time
Mortgage note	`OtherBorrowings`	$8.60M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$448.60M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$426.70M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxes`	$200.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxes`	$2.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.46B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.28B	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, 12,821,681 and 12,756,885 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$100.00K	USD	Point-in-time
Common stock, $.01 par value, 80,000,000 shares authorized, 12,821,681 and 12,756,885 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$100.00K	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$261.70M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$245.70M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.49B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.38B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.70M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.90M	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`	$1.62B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.82B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.75B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.72B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$6.90B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$7.21B	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`	12.82M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	12.76M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	12.76M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	12.82M	shares	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Finance charges	`FinanceChargesRevenue`	$862.10M	USD	2 Qtrs
Finance charges	`FinanceChargesRevenue`	$425.60M	USD	1 Quarter
Finance charges	`FinanceChargesRevenue`	$441.00M	USD	1 Quarter
Finance charges	`FinanceChargesRevenue`	$849.70M	USD	2 Qtrs
Premiums earned	`PremiumsEarnedNet`	$29.20M	USD	2 Qtrs
Premiums earned	`PremiumsEarnedNet`	$15.40M	USD	1 Quarter
Premiums earned	`PremiumsEarnedNet`	$19.80M	USD	1 Quarter
Premiums earned	`PremiumsEarnedNet`	$37.20M	USD	2 Qtrs
Other income	`OtherIncome`	$17.10M	USD	1 Quarter
Other income	`OtherIncome`	$16.40M	USD	1 Quarter
Other income	`OtherIncome`	$32.40M	USD	2 Qtrs
Other income	`OtherIncome`	$34.20M	USD	2 Qtrs
Total revenue	`Revenues`	$913.10M	USD	2 Qtrs
Total revenue	`Revenues`	$457.40M	USD	1 Quarter
Total revenue	`Revenues`	$931.70M	USD	2 Qtrs
Total revenue	`Revenues`	$477.90M	USD	1 Quarter
Salaries and wages	`LaborAndRelatedExpense`	$70.20M	USD	1 Quarter
Salaries and wages	`LaborAndRelatedExpense`	$129.80M	USD	2 Qtrs
Salaries and wages	`LaborAndRelatedExpense`	$147.40M	USD	2 Qtrs
Salaries and wages	`LaborAndRelatedExpense`	$65.40M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$51.20M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$20.50M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$38.50M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$32.30M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$48.40M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$19.00M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$26.30M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$38.20M	USD	2 Qtrs
Operating Expenses	`OperatingExpenses`	$117.00M	USD	1 Quarter
Operating Expenses	`OperatingExpenses`	$234.30M	USD	2 Qtrs
Operating Expenses	`OperatingExpenses`	$116.70M	USD	1 Quarter
Operating Expenses	`OperatingExpenses`	$219.20M	USD	2 Qtrs
Total provision for credit losses	`ProvisionForLoanAndLeaseLosses`	$170.80M	USD	2 Qtrs
Total provision for credit losses	`ProvisionForLoanAndLeaseLosses`	$250.50M	USD	1 Quarter
Total provision for credit losses	`ProvisionForLoanAndLeaseLosses`	$387.90M	USD	2 Qtrs
Total provision for credit losses	`ProvisionForLoanAndLeaseLosses`	$147.50M	USD	1 Quarter
Interest	`InterestExpense`	$38.90M	USD	1 Quarter
Interest	`InterestExpense`	$75.40M	USD	2 Qtrs
Interest	`InterestExpense`	$117.20M	USD	2 Qtrs
Interest	`InterestExpense`	$62.80M	USD	1 Quarter
Provision for claims	`PolicyholderBenefitsAndClaimsIncurredNet`	$12.20M	USD	1 Quarter
Provision for claims	`PolicyholderBenefitsAndClaimsIncurredNet`	$37.60M	USD	2 Qtrs
Provision for claims	`PolicyholderBenefitsAndClaimsIncurredNet`	$19.70M	USD	1 Quarter
Provision for claims	`PolicyholderBenefitsAndClaimsIncurredNet`	$21.10M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$315.30M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$486.50M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$450.00M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$777.00M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$154.70M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$27.90M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$142.10M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$426.60M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.70M	USD	1 Quarter
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`	$33.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$121.70M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$22.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$107.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$321.70M	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$23.23	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$7.99	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$9.32	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$1.70	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$9.30	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$23.10	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$7.94	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.69	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.05M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.05M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.85M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.44M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	13.52M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	13.09M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	13.93M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	13.10M	shares	1 Quarter

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$121.70M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$22.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$107.40M	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`	$250.50M	USD	1 Quarter
Provision for credit losses	`ProvisionForLoanAndLeaseLosses`	$387.90M	USD	2 Qtrs
Provision for credit losses	`ProvisionForLoanAndLeaseLosses`	$147.50M	USD	1 Quarter
Depreciation	`Depreciation`	$4.60M	USD	2 Qtrs
Depreciation	`Depreciation`	$4.40M	USD	2 Qtrs
Amortization	`AmortizationOfFinancingCostsAndDiscounts`	$8.40M	USD	2 Qtrs
Amortization	`AmortizationOfFinancingCostsAndDiscounts`	$8.50M	USD	2 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$21.80M	USD	2 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$5.70M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$18.20M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$9.10M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$9.80M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$19.70M	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$400.00K	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$100.00K	USD	2 Qtrs
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.30M	USD	2 Qtrs
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$37.20M	USD	2 Qtrs
Decrease (increase) in income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-57.00M	USD	2 Qtrs
Decrease (increase) in income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$5.00M	USD	2 Qtrs
Decrease in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-2.30M	USD	2 Qtrs
Decrease in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	2 Qtrs
Decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-18.90M	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`	$579.20M	USD	2 Qtrs
Payments to Acquire Debt Securities, Available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$24.40M	USD	2 Qtrs
Payments to Acquire Debt Securities, Available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$20.90M	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`	$7.60M	USD	2 Qtrs
Maturities of restricted securities available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$4.20M	USD	2 Qtrs
Maturities of restricted securities available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$10.90M	USD	2 Qtrs
Principal collected on Loans receivable	`ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1`	$1.86B	USD	2 Qtrs
Principal collected on Loans receivable	`ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1`	$1.59B	USD	2 Qtrs
Advances to Dealers	`AdvancesToDealers`	$1.47B	USD	2 Qtrs
Advances to Dealers	`AdvancesToDealers`	$1.32B	USD	2 Qtrs
Purchases of Consumer Loans	`PaymentsToAcquireLoansReceivable`	$680.90M	USD	2 Qtrs
Purchases of Consumer Loans	`PaymentsToAcquireLoansReceivable`	$578.40M	USD	2 Qtrs
Accelerated payments of Dealer Holdback	`AcceleratedPaymentsOfDealerHoldback`	$24.90M	USD	2 Qtrs
Accelerated payments of Dealer Holdback	`AcceleratedPaymentsOfDealerHoldback`	$15.50M	USD	1 Quarter
Accelerated payments of Dealer Holdback	`AcceleratedPaymentsOfDealerHoldback`	$24.60M	USD	2 Qtrs
Accelerated payments of Dealer Holdback	`AcceleratedPaymentsOfDealerHoldback`	$13.80M	USD	1 Quarter
Payments of Dealer Holdback	`PaymentsOfDealerHoldback`	$47.20M	USD	1 Quarter
Payments of Dealer Holdback	`PaymentsOfDealerHoldback`	$118.30M	USD	2 Qtrs
Payments of Dealer Holdback	`PaymentsOfDealerHoldback`	$90.40M	USD	2 Qtrs
Payments of Dealer Holdback	`PaymentsOfDealerHoldback`	$61.10M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.00M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.40M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-712.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-166.40M	USD	2 Qtrs
Borrowings under revolving secured lines of credit	`ProceedsFromLongTermLinesOfCredit`	$3.51B	USD	2 Qtrs
Borrowings under revolving secured lines of credit	`ProceedsFromLongTermLinesOfCredit`	$3.88B	USD	2 Qtrs
Repayments under revolving secured lines of credit	`RepaymentsOfLongTermLinesOfCredit`	$3.37B	USD	2 Qtrs
Repayments under revolving secured lines of credit	`RepaymentsOfLongTermLinesOfCredit`	$3.66B	USD	2 Qtrs
Proceeds from secured financing	`ProceedsFromIssuanceOfSecuredDebt`	$729.80M	USD	2 Qtrs
Proceeds from secured financing	`ProceedsFromIssuanceOfSecuredDebt`	$1.20B	USD	2 Qtrs
Repayments of secured financing	`RepaymentsOfSecuredDebt`	$773.90M	USD	2 Qtrs
Repayments of secured financing	`RepaymentsOfSecuredDebt`	$1.18B	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`	$652.70M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$22.70M	USD	2 Qtrs
Proceeds from Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$11.10M	USD	2 Qtrs
Proceeds from Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$4.10M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$12.00M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.00M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$127.10M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-462.60M	USD	2 Qtrs
Net decrease in cash and cash equivalents and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-5.70M	USD	2 Qtrs
Net decrease in cash and cash equivalents and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-3.40M	USD	2 Qtrs
Cash and cash equivalents and restricted cash and cash equivalents beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$417.70M	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`	$412.00M	USD	Point-in-time
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 end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$417.70M	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`	$412.00M	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 paid during the period for interest	`InterestPaidNet`	$66.80M	USD	2 Qtrs
Cash paid during the period for interest	`InterestPaidNet`	$107.50M	USD	2 Qtrs
Cash paid during the period for income taxes, net of refunds	`IncomeTaxesPaidNet`	$37.90M	USD	2 Qtrs
Cash paid during the period for income taxes, net of refunds	`IncomeTaxesPaidNet`	$18.30M	USD	2 Qtrs

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Balance, shares	`CommonStockSharesOutstanding`	12.76M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	12.82M	shares	Point-in-time
Common stock repurchased, shares	`StockRepurchasedDuringPeriodShares`	49,261.00	shares	2 Qtrs
Common stock repurchased, shares	`StockRepurchasedDuringPeriodShares`	16,226.00	shares	1 Quarter
Common stock repurchased, shares	`StockRepurchasedDuringPeriodShares`	1.21M	shares	2 Qtrs
Common stock repurchased, shares	`StockRepurchasedDuringPeriodShares`	403,953.00	shares	1 Quarter
Balance, shares	`CommonStockSharesOutstanding`	12.76M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	12.82M	shares	Point-in-time
Balance	`StockholdersEquity`	$1.63B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.52B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.62B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.82B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.75B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.72B	USD	Point-in-time
Net income	`NetIncomeLoss`	$121.70M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$22.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$107.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$321.70M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$200.00K	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-600.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-2.40M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-700.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.10M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$19.70M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.20M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.80M	USD	1 Quarter
Common stock repurchased, value	`StockRepurchasedDuringPeriodValue`	$652.70M	USD	2 Qtrs
Common stock repurchased, value	`StockRepurchasedDuringPeriodValue`	$7.80M	USD	1 Quarter
Common stock repurchased, value	`StockRepurchasedDuringPeriodValue`	$22.70M	USD	2 Qtrs
Common stock repurchased, value	`StockRepurchasedDuringPeriodValue`	$229.70M	USD	1 Quarter
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$5.20M	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`	$4.10M	USD	2 Qtrs
Balance	`StockholdersEquity`	$1.63B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.52B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.62B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.82B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.75B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.72B	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$121.70M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$22.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$107.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$321.70M	USD	2 Qtrs
Unrealized gain (loss) on securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$200.00K	USD	2 Qtrs
Unrealized gain (loss) on securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-2.40M	USD	2 Qtrs
Unrealized gain (loss) on securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-600.00K	USD	1 Quarter
Unrealized gain (loss) on securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-700.00K	USD	1 Quarter
Other comprehensive gain (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-600.00K	USD	1 Quarter
Other comprehensive gain (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$200.00K	USD	2 Qtrs
Other comprehensive gain (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.40M	USD	2 Qtrs
Other comprehensive gain (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-700.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$319.30M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$106.70M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$121.90M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$21.60M	USD	1 Quarter

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