10-Q Filing

RADIAN GROUP INC CIK: 890926 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0000890926-19-000083`
Period End Date	20190930
Filing Date	20191112
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	rdn10q09302019_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 88 Cash Flow Statement 60 Stockholders Equity 16 Comprehensive Income 28

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Fixed-maturities available for saleat amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$4.10B	USD	Point-in-time
Fixed-maturities available for saleat amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$4.37B	USD	Point-in-time
Fixed-maturities available for saleat fair value (amortized cost $4,369,273 and $4,098,962)	`AvailableForSaleSecuritiesDebtSecurities`	$4.53B	USD	Point-in-time
Debt Securities, Trading, Amortized Cost	`TradingSecuritiesDebtAmortizedCost`	$468.70M	USD	Point-in-time
Fixed-maturities available for saleat fair value (amortized cost $4,369,273 and $4,098,962)	`AvailableForSaleSecuritiesDebtSecurities`	$4.02B	USD	Point-in-time
Debt Securities, Trading, Amortized Cost	`TradingSecuritiesDebtAmortizedCost`	$307.98M	USD	Point-in-time
Trading securitiesat fair value (amortized cost of $307,891 and $468,696)	`TradingSecuritiesDebt`	$469.07M	USD	Point-in-time
Available-for-sale Equity Securities, Amortized Cost Basis	`EquitySecuritiesFvNiCost`	$139.38M	USD	Point-in-time
Available-for-sale Equity Securities, Amortized Cost Basis	`EquitySecuritiesFvNiCost`	$119.41M	USD	Point-in-time
Trading securitiesat fair value (amortized cost of $307,891 and $468,696)	`TradingSecuritiesDebt`	$329.94M	USD	Point-in-time
Equity securitiesat fair value (cost of $119,408 and $139,377)	`EquitySecuritiesFvNi`	$121.76M	USD	Point-in-time
Reinvested cash collateral held under securities lending agreements	`SecuritiesReceivedAsCollateral`	$34.77M	USD	Point-in-time
Equity securitiesat fair value (cost of $119,408 and $139,377)	`EquitySecuritiesFvNi`	$130.56M	USD	Point-in-time
Reinvested cash collateral held under securities lending agreements	`SecuritiesReceivedAsCollateral`	$11.70M	USD	Point-in-time
Short-term investmentsat fair value (includes $34,767 and $11,699 of reinvested cash collateral held under securities lending agreements)	`OtherShortTermInvestments`	$552.10M	USD	Point-in-time
Short-term investmentsat fair value (includes $34,767 and $11,699 of reinvested cash collateral held under securities lending agreements)	`OtherShortTermInvestments`	$528.40M	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other invested assetsat fair value	`OtherInvestments`	$2.71M	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other invested assetsat fair value	`OtherInvestments`	$3.42M	USD	Point-in-time
Total investments	`Investments`	$5.53B	USD	Point-in-time
Total investments	`Investments`	$5.15B	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	485.00M	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	485.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$95.39M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	220.17M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$49.39M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	231.13M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$11.61M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$2.85M	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	202.22M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	213.47M	shares	Point-in-time
Accounts and notes receivable	`AccountsAndNotesReceivableNet`	$144.11M	USD	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	17.66M	shares	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	17.95M	shares	Point-in-time
Accounts and notes receivable	`AccountsAndNotesReceivableNet`	$78.65M	USD	Point-in-time
Deferred income taxes, net (Note 9)	`DeferredTaxAssetsNet`	-	USD	Point-in-time
Deferred income taxes, net (Note 9)	`DeferredTaxAssetsNet`	$131.64M	USD	Point-in-time
Goodwill and other acquired intangible assets, net (Note 6)	`IntangibleAssetsNetIncludingGoodwill`	$52.53M	USD	Point-in-time
Goodwill and other acquired intangible assets, net (Note 6)	`IntangibleAssetsNetIncludingGoodwill`	$59.00M	USD	Point-in-time
Prepaid reinsurance premium	`PrepaidReinsurancePremiums`	$374.34M	USD	Point-in-time
Prepaid reinsurance premium	`PrepaidReinsurancePremiums`	$417.63M	USD	Point-in-time
Other assets (Note 8)	`OtherAssets`	$513.65M	USD	Point-in-time
Other assets (Note 8)	`OtherAssets`	$367.70M	USD	Point-in-time
Total assets	`Assets`	$6.67B	USD	Point-in-time
Total assets	`Assets`	$6.31B	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$739.36M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$647.86M	USD	Point-in-time
Reserve for losses and loss adjustment expense (Note 10)	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$398.14M	USD	Point-in-time
Reserve for losses and loss adjustment expense (Note 10)	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$401.36M	USD	Point-in-time
Senior notes (Note 11)	`SeniorNotes`	$1.03B	USD	Point-in-time
Senior notes (Note 11)	`SeniorNotes`	$886.64M	USD	Point-in-time
FHLB advances (Note 11)	`AdvancesFromFederalHomeLoanBanks`	$104.49M	USD	Point-in-time
FHLB advances (Note 11)	`AdvancesFromFederalHomeLoanBanks`	$82.53M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$321.21M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$352.53M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$251.13M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$358.43M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.75B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.83B	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock: par value $0.001 per share; 485,000 shares authorized at September 30, 2019 and December 31, 2018; 220,174 and 231,132 shares issued at September 30, 2019 and December 31, 2018, respectively; 202,219 and 213,473 shares outstanding at September 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$231.00K	USD	Point-in-time
Common stock: par value $0.001 per share; 485,000 shares authorized at September 30, 2019 and December 31, 2018; 220,174 and 231,132 shares issued at September 30, 2019 and December 31, 2018, respectively; 202,219 and 213,473 shares outstanding at September 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$220.00K	USD	Point-in-time
Treasury stock, at cost: 17,955 and 17,660 shares at September 30, 2019 and December 31, 2018, respectively	`TreasuryStockValue`	$901.56M	USD	Point-in-time
Treasury stock, at cost: 17,955 and 17,660 shares at September 30, 2019 and December 31, 2018, respectively	`TreasuryStockValue`	$894.87M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.72B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.47B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.23B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.72B	USD	Point-in-time
Accumulated other comprehensive income (loss) (Note 14)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$125.64M	USD	Point-in-time
Accumulated other comprehensive income (loss) (Note 14)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-60.92M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.92B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.49B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$6.67B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$6.31B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net premiums earnedinsurance	`PremiumsEarnedNet`	$752.33M	USD	3 Qtrs
Net premiums earnedinsurance	`PremiumsEarnedNet`	$281.19M	USD	1 Quarter
Net premiums earnedinsurance	`PremiumsEarnedNet`	$843.86M	USD	3 Qtrs
Net premiums earnedinsurance	`PremiumsEarnedNet`	$258.43M	USD	1 Quarter
Services revenue	`ServicesRevenueNet`	$114.56M	USD	3 Qtrs
Services revenue	`ServicesRevenueNet`	$42.51M	USD	1 Quarter
Services revenue	`ServicesRevenueNet`	$36.57M	USD	1 Quarter
Services revenue	`ServicesRevenueNet`	$106.56M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$38.99M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$42.76M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$130.36M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$110.42M	USD	3 Qtrs
Net gains (losses) on investments and other financial instruments	`NetGainsLossesonInvestmentsandOtherFinancialInstruments`	$47.46M	USD	3 Qtrs
Net gains (losses) on investments and other financial instruments	`NetGainsLossesonInvestmentsandOtherFinancialInstruments`	$13.01M	USD	1 Quarter
Net gains (losses) on investments and other financial instruments	`NetGainsLossesonInvestmentsandOtherFinancialInstruments`	$-30.77M	USD	3 Qtrs
Net gains (losses) on investments and other financial instruments	`NetGainsLossesonInvestmentsandOtherFinancialInstruments`	$-4.48M	USD	1 Quarter
Other income	`OtherIncome`	$1.17M	USD	1 Quarter
Other income	`OtherIncome`	$879.00K	USD	1 Quarter
Other income	`OtherIncome`	$2.68M	USD	3 Qtrs
Other income	`OtherIncome`	$3.00M	USD	3 Qtrs
Total revenues	`Revenues`	$330.69M	USD	1 Quarter
Total revenues	`Revenues`	$1.14B	USD	3 Qtrs
Total revenues	`Revenues`	$380.34M	USD	1 Quarter
Total revenues	`Revenues`	$941.53M	USD	3 Qtrs
Provision for losses	`PolicyholderBenefitsAndClaimsIncurredNet`	$20.88M	USD	1 Quarter
Provision for losses	`PolicyholderBenefitsAndClaimsIncurredNet`	$77.50M	USD	3 Qtrs
Provision for losses	`PolicyholderBenefitsAndClaimsIncurredNet`	$97.41M	USD	3 Qtrs
Provision for losses	`PolicyholderBenefitsAndClaimsIncurredNet`	$29.23M	USD	1 Quarter
Policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$18.53M	USD	3 Qtrs
Policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$6.43M	USD	1 Quarter
Policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$18.78M	USD	3 Qtrs
Policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$5.67M	USD	1 Quarter
Cost of services	`CostOfGoodsAndServicesSold`	$81.05M	USD	3 Qtrs
Cost of services	`CostOfGoodsAndServicesSold`	$29.04M	USD	1 Quarter
Cost of services	`CostOfGoodsAndServicesSold`	$25.85M	USD	1 Quarter
Cost of services	`CostOfGoodsAndServicesSold`	$73.19M	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$70.12M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$203.55M	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$225.24M	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$76.38M	USD	1 Quarter
Restructuring and other exit costs	`OtherRestructuringCosts`	-	USD	3 Qtrs
Restructuring and other exit costs	`OtherRestructuringCosts`	$5.94M	USD	3 Qtrs
Restructuring and other exit costs	`OtherRestructuringCosts`	-	USD	1 Quarter
Restructuring and other exit costs	`OtherRestructuringCosts`	$4.46M	USD	1 Quarter
Interest expense	`InterestExpense`	$13.49M	USD	1 Quarter
Interest expense	`InterestExpense`	$15.54M	USD	1 Quarter
Interest expense	`InterestExpense`	$44.15M	USD	3 Qtrs
Interest expense	`InterestExpense`	$45.91M	USD	3 Qtrs
Loss on extinguishment of debt	`GainLossOnRepurchaseOfDebtInstrument`	-	USD	3 Qtrs
Loss on extinguishment of debt	`GainLossOnRepurchaseOfDebtInstrument`	$-5.94M	USD	1 Quarter
Loss on extinguishment of debt	`GainLossOnRepurchaseOfDebtInstrument`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainLossOnRepurchaseOfDebtInstrument`	$-22.74M	USD	3 Qtrs
Amortization and impairment of other acquired intangible assets	`AmortizationOfIntangibleAssets`	$3.47M	USD	1 Quarter
Amortization and impairment of other acquired intangible assets	`AmortizationOfIntangibleAssets`	$8.97M	USD	3 Qtrs
Amortization and impairment of other acquired intangible assets	`AmortizationOfIntangibleAssets`	$2.14M	USD	1 Quarter
Amortization and impairment of other acquired intangible assets	`AmortizationOfIntangibleAssets`	$6.46M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$495.58M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$162.66M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$146.00M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$433.83M	USD	3 Qtrs
Consolidated pretax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$507.70M	USD	3 Qtrs
Consolidated pretax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$217.67M	USD	1 Quarter
Consolidated pretax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$643.35M	USD	3 Qtrs
Consolidated pretax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$184.69M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$41.47M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$132.23M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$44.23M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$41.89M	USD	1 Quarter
Net income	`NetIncomeLoss`	$511.12M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$142.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$466.23M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$173.44M	USD	1 Quarter
Basic net income (loss) per share	`EarningsPerShareBasic`	$0.85	USD	1 Quarter
Basic net income (loss) per share	`EarningsPerShareBasic`	$2.17	USD	3 Qtrs
Basic net income (loss) per share	`EarningsPerShareBasic`	$0.67	USD	1 Quarter
Basic net income (loss) per share	`EarningsPerShareBasic`	$2.45	USD	3 Qtrs
Diluted net income (loss) per share	`EarningsPerShareDiluted`	$0.83	USD	1 Quarter
Diluted net income (loss) per share	`EarningsPerShareDiluted`	$2.13	USD	3 Qtrs
Diluted net income (loss) per share	`EarningsPerShareDiluted`	$2.39	USD	3 Qtrs
Diluted net income (loss) per share	`EarningsPerShareDiluted`	$0.66	USD	1 Quarter
Weighted-average number of common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	203.11M	shares	1 Quarter
Weighted-average number of common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	214.50M	shares	3 Qtrs
Weighted-average number of common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	208.56M	shares	3 Qtrs
Weighted-average number of common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	213.31M	shares	1 Quarter
Weighted-average number of common and common equivalent shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	208.69M	shares	1 Quarter
Weighted-average number of common and common equivalent shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	218.78M	shares	3 Qtrs
Weighted-average number of common and common equivalent shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	217.90M	shares	1 Quarter
Weighted-average number of common and common equivalent shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	213.96M	shares	3 Qtrs

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$491.93M	USD	3 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$506.81M	USD	3 Qtrs
Proceeds from Sales of Fixed-Maturity Investments Available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$577.03M	USD	3 Qtrs
Proceeds from Sales of Fixed-Maturity Investments Available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$770.39M	USD	3 Qtrs
Proceeds from Sales of Trading Securities	`ProceedsFromSaleOfTradingSecuritiesHeldforinvestment`	$120.88M	USD	3 Qtrs
Proceeds from Sales of Trading Securities	`ProceedsFromSaleOfTradingSecuritiesHeldforinvestment`	$35.18M	USD	3 Qtrs
Proceeds from Sales of Equity Securities	`ProceedsFromSaleOfSecuritiesOperatingActivities`	$92.70M	USD	3 Qtrs
Proceeds from Sales of Equity Securities	`ProceedsFromSaleOfSecuritiesOperatingActivities`	$52.30M	USD	3 Qtrs
Proceeds from Redemption of Fixed-Maturity Investments Available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$337.86M	USD	3 Qtrs
Proceeds from Redemption of Fixed-Maturity Investments Available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$287.56M	USD	3 Qtrs
Proceeds from Redemptions of Trading securities	`ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment`	$53.44M	USD	3 Qtrs
Proceeds from Redemptions of Trading securities	`ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment`	$36.83M	USD	3 Qtrs
Purchases of Fixed-Maturity Investments Available for sale	`PaymentsToAcquireAvailableForSaleSecurities`	$1.35B	USD	3 Qtrs
Purchases of Fixed-Maturity Investments Available for sale	`PaymentsToAcquireAvailableForSaleSecurities`	$1.31B	USD	3 Qtrs
Purchases of Equity Securities	`PaymentsToAcquireInvestments`	$45.75M	USD	3 Qtrs
Purchases of Equity Securities	`PaymentsToAcquireInvestments`	$59.62M	USD	3 Qtrs
Sales, Redemptions and (Purchases) of Short-term Investments, Net	`PaymentsForProceedsFromShortTermInvestments`	$216.78M	USD	3 Qtrs
Sales, Redemptions and (Purchases) of Short-term Investments, Net	`PaymentsForProceedsFromShortTermInvestments`	$12.20M	USD	3 Qtrs
Sales, Redemptions and (Purchases) of Other assets and other invested assets, net	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	$2.11M	USD	3 Qtrs
Sales, Redemptions and (Purchases) of Other assets and other invested assets, net	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	$687.00K	USD	3 Qtrs
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.71M	USD	3 Qtrs
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.32M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$662.00K	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-162.90M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-506.40M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$1.56M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$1.61M	USD	3 Qtrs
Issuance of senior notes, net	`ProceedsFromDebtNetOfIssuanceCosts`	-	USD	3 Qtrs
Issuance of senior notes, net	`ProceedsFromDebtNetOfIssuanceCosts`	$442.50M	USD	3 Qtrs
Repayments and repurchases of senior notes	`RepaymentsOfLongTermDebt`	$610.74M	USD	3 Qtrs
Repayments and repurchases of senior notes	`RepaymentsOfLongTermDebt`	-	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.13M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.13M	USD	3 Qtrs
Repurchases of common shares	`PaymentsForRepurchaseOfCommonStock`	$275.19M	USD	3 Qtrs
Repurchases of common shares	`PaymentsForRepurchaseOfCommonStock`	$50.05M	USD	3 Qtrs
Credit facility commitment fees paid	`LineofCreditFacilityPaymentofCommitmentFees`	$643.00K	USD	3 Qtrs
Credit facility commitment fees paid	`LineofCreditFacilityPaymentofCommitmentFees`	$710.00K	USD	3 Qtrs
Change in secured borrowings, net (with terms less than 3 months)	`IncreaseDecreaseInSecuritiesLendingPayable`	$41.41M	USD	3 Qtrs
Change in secured borrowings, net (with terms less than 3 months)	`IncreaseDecreaseInSecuritiesLendingPayable`	$9.57M	USD	3 Qtrs
Proceeds from secured borrowings (with terms greater than 3 months)	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$73.01M	USD	3 Qtrs
Proceeds from secured borrowings (with terms greater than 3 months)	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$45.46M	USD	3 Qtrs
Payments of secured borrowings (with terms greater than 3 months)	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	$3.00M	USD	3 Qtrs
Payments of secured borrowings (with terms greater than 3 months)	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	$37.55M	USD	3 Qtrs
Repayments of other borrowings	`RepaymentsOfLongTermCapitalLeaseObligations`	$114.00K	USD	3 Qtrs
Repayments of other borrowings	`RepaymentsOfLongTermCapitalLeaseObligations`	$133.00K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-398.65M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$32.56M	USD	3 Qtrs
Effect of exchange rate changes on cash and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-4.00K	USD	3 Qtrs
Effect of exchange rate changes on cash and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	USD	3 Qtrs
Increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$18.09M	USD	3 Qtrs
Increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-54.76M	USD	3 Qtrs
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$107.00M	USD	Point-in-time
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$96.24M	USD	Point-in-time
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$52.25M	USD	Point-in-time
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$114.34M	USD	Point-in-time
Cash and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$107.00M	USD	Point-in-time
Cash and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$96.24M	USD	Point-in-time
Cash and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$52.25M	USD	Point-in-time
Cash and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$114.34M	USD	Point-in-time

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquity`	$3.92B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$3.49B	USD	Point-in-time
Net income	`NetIncomeLoss`	$511.12M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$142.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$466.23M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$173.44M	USD	1 Quarter
Net unrealized gains (losses) on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$37.18M	USD	1 Quarter
Net unrealized gains (losses) on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-85.28M	USD	3 Qtrs
Net unrealized gains (losses) on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$186.56M	USD	3 Qtrs
Net unrealized gains (losses) on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.30M	USD	1 Quarter
Net foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.00K	USD	3 Qtrs
Net foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.00K	USD	3 Qtrs
Net foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Net foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Balance, end of period	`StockholdersEquity`	$3.92B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$3.49B	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$511.12M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$142.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$466.23M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$173.44M	USD	1 Quarter
Unrealized holding gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-5.34M	USD	1 Quarter
Unrealized holding gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$190.68M	USD	3 Qtrs
Unrealized holding gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$40.65M	USD	1 Quarter
Unrealized holding gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-93.79M	USD	3 Qtrs
Less: Reclassification adjustment for net gains (losses) included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$3.48M	USD	1 Quarter
Less: Reclassification adjustment for net gains (losses) included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-4.04M	USD	1 Quarter
Less: Reclassification adjustment for net gains (losses) included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-8.51M	USD	3 Qtrs
Less: Reclassification adjustment for net gains (losses) included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$4.12M	USD	3 Qtrs
Net unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$37.18M	USD	1 Quarter
Net unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-85.28M	USD	3 Qtrs
Net unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$186.56M	USD	3 Qtrs
Net unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.30M	USD	1 Quarter
Net foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.00K	USD	3 Qtrs
Net foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.00K	USD	3 Qtrs
Net foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Net foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-1.30M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$37.18M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$186.56M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-85.27M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$210.62M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$697.68M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$380.96M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$141.50M	USD	1 Quarter

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