10-Q Filing

RADIAN GROUP INC CIK: 890926 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0000890926-20-000070`
Period End Date	20200630
Filing Date	20200810
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	rdn-20200630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 84 Cash Flow Statement 60 Stockholders Equity 16 Comprehensive Income 32

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Fixed-maturities available for saleat fair value, net of allowance for credit losses of $2,476 as of June 30, 2020 (amortized cost of $4,804,453 and $4,549,534)	`AvailableForSaleSecuritiesDebtSecurities`	$5.07B	USD	Point-in-time
Fixed-maturities available for saleat fair value, net of allowance for credit losses of $2,476 as of June 30, 2020 (amortized cost of $4,804,453 and $4,549,534)	`AvailableForSaleSecuritiesDebtSecurities`	$4.69B	USD	Point-in-time
Trading securitiesat fair value (amortized cost of $266,940 and $297,505)	`TradingSecuritiesDebt`	$297.61M	USD	Point-in-time
Trading securitiesat fair value (amortized cost of $266,940 and $297,505)	`TradingSecuritiesDebt`	$317.15M	USD	Point-in-time
Equity securitiesat fair value (cost of $110,719 and $125,311)	`EquitySecuritiesFvNi`	$130.22M	USD	Point-in-time
Equity securitiesat fair value (cost of $110,719 and $125,311)	`EquitySecuritiesFvNi`	$104.51M	USD	Point-in-time
Short-term investmentsat fair value (includes $8,727 and $25,561 of reinvested cash collateral held under securities lending agreements)	`OtherShortTermInvestments`	$518.39M	USD	Point-in-time
Short-term investmentsat fair value (includes $8,727 and $25,561 of reinvested cash collateral held under securities lending agreements)	`OtherShortTermInvestments`	$955.09M	USD	Point-in-time
Other invested assetsat fair value	`OtherInvestments`	$4.05M	USD	Point-in-time
Other invested assetsat fair value	`OtherInvestments`	$4.07M	USD	Point-in-time
Investments, Total	`Investments`	$6.43B	USD	Point-in-time
Investments, Total	`Investments`	$5.66B	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$68.39M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$92.73M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$3.54M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$16.28M	USD	Point-in-time
Accounts and notes receivable	`AccountsAndNotesReceivableNet`	$110.72M	USD	Point-in-time
Accounts and notes receivable	`AccountsAndNotesReceivableNet`	$93.63M	USD	Point-in-time
Goodwill and other acquired intangible assets, net (Note 6)	`IntangibleAssetsNetIncludingGoodwill`	$28.19M	USD	Point-in-time
Goodwill and other acquired intangible assets, net (Note 6)	`IntangibleAssetsNetIncludingGoodwill`	$26.23M	USD	Point-in-time
Prepaid reinsurance premium	`PrepaidReinsurancePremiums`	$363.86M	USD	Point-in-time
Prepaid reinsurance premium	`PrepaidReinsurancePremiums`	$330.48M	USD	Point-in-time
Other assets (Note 8)	`OtherAssets`	$585.87M	USD	Point-in-time
Other assets (Note 8)	`OtherAssets`	$567.62M	USD	Point-in-time
Assets, Total	`Assets`	$7.57B	USD	Point-in-time
Assets, Total	`Assets`	$6.81B	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$561.28M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$626.82M	USD	Point-in-time
Reserve for losses and loss adjustment expense (Note 10)	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$404.76M	USD	Point-in-time
Reserve for losses and loss adjustment expense (Note 10)	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$738.88M	USD	Point-in-time
Senior notes (Note 11)	`SeniorNotes`	$1.40B	USD	Point-in-time
Senior notes (Note 11)	`SeniorNotes`	$887.11M	USD	Point-in-time
FHLB advances (Note 11)	`AdvancesFromFederalHomeLoanBanks`	$134.88M	USD	Point-in-time
FHLB advances (Note 11)	`AdvancesFromFederalHomeLoanBanks`	$175.12M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$291.83M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$312.35M	USD	Point-in-time
Other Liabilities	`OtherLiabilities`	$391.81M	USD	Point-in-time
Other Liabilities	`OtherLiabilities`	$414.19M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.76B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.58B	USD	Point-in-time
Common stock: par value $0.001 per share; 485,000 shares authorized at June 30, 2020 and December 31, 2019; 209,997 and 219,123 shares issued at June 30, 2020 and December 31, 2019, respectively; 191,492 and 201,164 shares outstanding at June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$210.00K	USD	Point-in-time
Common stock: par value $0.001 per share; 485,000 shares authorized at June 30, 2020 and December 31, 2019; 209,997 and 219,123 shares issued at June 30, 2020 and December 31, 2019, respectively; 191,492 and 201,164 shares outstanding at June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$219.00K	USD	Point-in-time
Treasury stock, at cost: 18,505 and 17,959 shares at June 30, 2020 and December 31, 2019, respectively	`TreasuryStockValue`	$901.66M	USD	Point-in-time
Treasury stock, at cost: 18,505 and 17,959 shares at June 30, 2020 and December 31, 2019, respectively	`TreasuryStockValue`	$909.74M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.45B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.23B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.45B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.39B	USD	Point-in-time
Accumulated other comprehensive income (loss) (Note 14)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$110.49M	USD	Point-in-time
Accumulated other comprehensive income (loss) (Note 14)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$212.16M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.05B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.99B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$6.81B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.57B	USD	Point-in-time
Equity Securities, FV-NI, Cost	`EquitySecuritiesFvNiCost`	$110.72M	USD	Point-in-time
Equity Securities, FV-NI, Cost	`EquitySecuritiesFvNiCost`	$125.31M	USD	Point-in-time
Debt Securities, Trading, Amortized Cost	`TradingSecuritiesDebtAmortizedCost`	$297.50M	USD	Point-in-time
Debt Securities, Trading, Amortized Cost	`TradingSecuritiesDebtAmortizedCost`	$266.94M	USD	Point-in-time
Fixed-maturities available for saleat amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$4.55B	USD	Point-in-time
Fixed-maturities available for saleat amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$4.80B	USD	Point-in-time
Debt Securities, Available-for-sale, Allowance for Credit Loss	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	$-2.48M	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	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
Common Stock, Shares, Issued	`CommonStockSharesIssued`	210.00M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	219.12M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	201.16M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	191.49M	shares	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	18.50M	shares	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	17.96M	shares	Point-in-time
Reinvested Cash Collateral Held Under Securities Lending Agreements	`ReinvestedCashCollateralHeldUnderSecuritiesLendingAgreements`	$8.73M	USD	Point-in-time
Reinvested Cash Collateral Held Under Securities Lending Agreements	`ReinvestedCashCollateralHeldUnderSecuritiesLendingAgreements`	$25.56M	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net premiums earned (Note 7)	`PremiumsEarnedNet`	$249.29M	USD	1 Quarter
Net premiums earned (Note 7)	`PremiumsEarnedNet`	$299.17M	USD	1 Quarter
Net premiums earned (Note 7)	`PremiumsEarnedNet`	$562.68M	USD	2 Qtrs
Net premiums earned (Note 7)	`PremiumsEarnedNet`	$526.71M	USD	2 Qtrs
Services revenue (Note 3)	`ServicesRevenueNet`	$72.06M	USD	2 Qtrs
Services revenue (Note 3)	`ServicesRevenueNet`	$60.00M	USD	2 Qtrs
Services revenue (Note 3)	`ServicesRevenueNet`	$28.07M	USD	1 Quarter
Services revenue (Note 3)	`ServicesRevenueNet`	$39.30M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$87.61M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$43.76M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$79.67M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$38.72M	USD	1 Quarter
Net gains (losses) on investments and other financial instruments	`NetGainsLossesonInvestmentsandOtherFinancialInstruments`	$47.28M	USD	1 Quarter
Net gains (losses) on investments and other financial instruments	`NetGainsLossesonInvestmentsandOtherFinancialInstruments`	$25.25M	USD	2 Qtrs
Net gains (losses) on investments and other financial instruments	`NetGainsLossesonInvestmentsandOtherFinancialInstruments`	$12.54M	USD	1 Quarter
Net gains (losses) on investments and other financial instruments	`NetGainsLossesonInvestmentsandOtherFinancialInstruments`	$34.45M	USD	2 Qtrs
Other income	`OtherIncome`	$1.07M	USD	1 Quarter
Other income	`OtherIncome`	$1.80M	USD	2 Qtrs
Other income	`OtherIncome`	$1.89M	USD	2 Qtrs
Other income	`OtherIncome`	$194.00K	USD	1 Quarter
Total revenues	`Revenues`	$394.96M	USD	1 Quarter
Total revenues	`Revenues`	$693.52M	USD	2 Qtrs
Total revenues	`Revenues`	$758.59M	USD	2 Qtrs
Total revenues	`Revenues`	$364.44M	USD	1 Quarter
Provision for losses	`PolicyholderBenefitsAndClaimsIncurredNet`	$304.42M	USD	1 Quarter
Provision for losses	`PolicyholderBenefitsAndClaimsIncurredNet`	$340.37M	USD	2 Qtrs
Provision for losses	`PolicyholderBenefitsAndClaimsIncurredNet`	$47.43M	USD	1 Quarter
Provision for losses	`PolicyholderBenefitsAndClaimsIncurredNet`	$68.18M	USD	2 Qtrs
Policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$6.01M	USD	1 Quarter
Policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$6.20M	USD	1 Quarter
Policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$12.10M	USD	2 Qtrs
Policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$13.43M	USD	2 Qtrs
Cost of services	`CostofServicesRealEstate`	$40.11M	USD	2 Qtrs
Cost of services	`CostofServicesRealEstate`	$17.97M	USD	1 Quarter
Cost of services	`CostofServicesRealEstate`	$52.00M	USD	2 Qtrs
Cost of services	`CostofServicesRealEstate`	$27.84M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$148.85M	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$129.69M	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$70.05M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$60.58M	USD	1 Quarter
Interest expense	`InterestExpense`	$28.89M	USD	2 Qtrs
Interest expense	`InterestExpense`	$14.96M	USD	1 Quarter
Interest expense	`InterestExpense`	$30.66M	USD	2 Qtrs
Interest expense	`InterestExpense`	$16.70M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-16.80M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-16.80M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Amortization and impairment of other acquired intangible assets	`AmortizationOfIntangibleAssets`	$1.96M	USD	2 Qtrs
Amortization and impairment of other acquired intangible assets	`AmortizationOfIntangibleAssets`	$2.14M	USD	1 Quarter
Amortization and impairment of other acquired intangible assets	`AmortizationOfIntangibleAssets`	$979.00K	USD	1 Quarter
Amortization and impairment of other acquired intangible assets	`AmortizationOfIntangibleAssets`	$4.33M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$406.67M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$554.45M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$185.42M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$332.91M	USD	2 Qtrs
Consolidated pretax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$139.07M	USD	2 Qtrs
Consolidated pretax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$425.68M	USD	2 Qtrs
Consolidated pretax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$209.54M	USD	1 Quarter
Consolidated pretax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-42.22M	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$-12.27M	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$87.99M	USD	2 Qtrs
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$42.81M	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$28.56M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$337.69M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-29.95M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$166.73M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$110.51M	USD	2 Qtrs
Basic net income (loss) per share	`EarningsPerShareBasic`	$-0.15	USD	1 Quarter
Basic net income (loss) per share	`EarningsPerShareBasic`	$0.56	USD	2 Qtrs
Basic net income (loss) per share	`EarningsPerShareBasic`	$1.60	USD	2 Qtrs
Basic net income (loss) per share	`EarningsPerShareBasic`	$0.80	USD	1 Quarter
Diluted net income (loss) per share	`EarningsPerShareDiluted`	$1.56	USD	2 Qtrs
Diluted net income (loss) per share	`EarningsPerShareDiluted`	$0.78	USD	1 Quarter
Diluted net income (loss) per share	`EarningsPerShareDiluted`	$-0.15	USD	1 Quarter
Diluted net income (loss) per share	`EarningsPerShareDiluted`	$0.56	USD	2 Qtrs
Weighted-average number of common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	208.10M	shares	1 Quarter
Weighted-average number of common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	193.30M	shares	1 Quarter
Weighted-average number of common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	197.54M	shares	2 Qtrs
Weighted-average number of common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	211.26M	shares	2 Qtrs
Weighted-average number of common and common equivalent shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	193.30M	shares	1 Quarter
Weighted-average number of common and common equivalent shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	216.50M	shares	2 Qtrs
Weighted-average number of common and common equivalent shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	198.75M	shares	2 Qtrs
Weighted-average number of common and common equivalent shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	213.60M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$305.29M	USD	2 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$338.13M	USD	2 Qtrs
Proceeds from Sales of Fixed-Maturity Investments Available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$568.35M	USD	2 Qtrs
Proceeds from Sales of Fixed-Maturity Investments Available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$735.15M	USD	2 Qtrs
Proceeds from Sales of Trading Securities	`ProceedsFromSaleOfTradingSecuritiesHeldforinvestment`	$11.60M	USD	2 Qtrs
Proceeds from Sales of Trading Securities	`ProceedsFromSaleOfTradingSecuritiesHeldforinvestment`	$111.71M	USD	2 Qtrs
Proceeds from Sales of Equity Securities	`ProceedsfromSaleofEquitySecurities`	$39.82M	USD	2 Qtrs
Proceeds from Sales of Equity Securities	`ProceedsfromSaleofEquitySecurities`	$75.79M	USD	2 Qtrs
Proceeds from Redemption of Fixed-Maturity Investments Available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$271.48M	USD	2 Qtrs
Proceeds from Redemption of Fixed-Maturity Investments Available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$184.46M	USD	2 Qtrs
Proceeds from Redemptions of Trading securities	`ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment`	$35.85M	USD	2 Qtrs
Proceeds from Redemptions of Trading securities	`ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment`	$17.81M	USD	2 Qtrs
Purchases of Fixed-Maturity Investments Available for sale	`PaymentsToAcquireAvailableForSaleSecurities`	$665.88M	USD	2 Qtrs
Purchases of Fixed-Maturity Investments Available for sale	`PaymentsToAcquireAvailableForSaleSecurities`	$1.22B	USD	2 Qtrs
Purchases of Equity Securities	`PaymentsToAcquireInvestments`	$31.85M	USD	2 Qtrs
Purchases of Equity Securities	`PaymentsToAcquireInvestments`	$65.43M	USD	2 Qtrs
Sales, Redemptions and (Purchases) of Short-term Investments, Net	`PaymentsForProceedsFromShortTermInvestments`	$418.74M	USD	2 Qtrs
Sales, Redemptions and (Purchases) of Short-term Investments, Net	`PaymentsForProceedsFromShortTermInvestments`	$372.54M	USD	2 Qtrs
Sales, Redemptions and (Purchases) of Other assets and other invested assets, net	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	$490.00K	USD	2 Qtrs
Sales, Redemptions and (Purchases) of Other assets and other invested assets, net	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	$2.35M	USD	2 Qtrs
Proceeds from sale of a subsidiary, net of cash sold	`NetCashReceivedTransferredInSaleOfSubsidiaries`	$16.48M	USD	2 Qtrs
Proceeds from sale of a subsidiary, net of cash sold	`NetCashReceivedTransferredInSaleOfSubsidiaries`	-	USD	2 Qtrs
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.59M	USD	2 Qtrs
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$15.21M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-144.79M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-580.43M	USD	2 Qtrs
Dividends and dividend equivalents paid	`PaymentsOfDividendsCommonStock`	$49.30M	USD	2 Qtrs
Dividends and dividend equivalents paid	`PaymentsOfDividendsCommonStock`	$1.05M	USD	2 Qtrs
Issuance of senior notes, net	`ProceedsFromDebtNetOfIssuanceCosts`	$516.08M	USD	2 Qtrs
Issuance of senior notes, net	`ProceedsFromDebtNetOfIssuanceCosts`	$442.94M	USD	2 Qtrs
Repayments and repurchases of senior notes	`RepaymentsOfLongTermDebt`	$508.02M	USD	2 Qtrs
Repayments and repurchases of senior notes	`RepaymentsOfLongTermDebt`	-	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.27M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.48M	USD	2 Qtrs
Repurchases of common shares	`PaymentsForRepurchaseOfCommonStock`	$188.82M	USD	2 Qtrs
Repurchases of common shares	`PaymentsForRepurchaseOfCommonStock`	$226.31M	USD	2 Qtrs
Credit facility commitment fees paid	`LineofCreditFacilityPaymentofCommitmentFees`	$471.00K	USD	2 Qtrs
Credit facility commitment fees paid	`LineofCreditFacilityPaymentofCommitmentFees`	$1.75M	USD	2 Qtrs
Change in secured borrowings, net (with terms three months or less)	`IncreaseDecreaseInSecuritiesLendingPayable`	$11.56M	USD	2 Qtrs
Change in secured borrowings, net (with terms three months or less)	`IncreaseDecreaseInSecuritiesLendingPayable`	$-17.54M	USD	2 Qtrs
Proceeds from secured borrowings (with terms greater than 3 months)	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$36.00M	USD	2 Qtrs
Proceeds from secured borrowings (with terms greater than 3 months)	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$106.96M	USD	2 Qtrs
Payments of secured borrowings (with terms greater than 3 months)	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	$14.55M	USD	2 Qtrs
Payments of secured borrowings (with terms greater than 3 months)	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	$66.01M	USD	2 Qtrs
Repayments of other borrowings	`RepaymentsOfLongTermCapitalLeaseObligations`	$75.00K	USD	2 Qtrs
Repayments of other borrowings	`RepaymentsOfLongTermCapitalLeaseObligations`	$79.00K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$263.54M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-221.22M	USD	2 Qtrs
Increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-11.61M	USD	2 Qtrs
Increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-27.88M	USD	2 Qtrs
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$79.12M	USD	Point-in-time
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$96.27M	USD	Point-in-time
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$107.00M	USD	Point-in-time
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$84.67M	USD	Point-in-time
Cash and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$79.12M	USD	Point-in-time
Cash and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$96.27M	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`	$84.67M	USD	Point-in-time
Effect of Exchange Rate on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-4.00K	USD	2 Qtrs
Effect of Exchange Rate on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	-	USD	2 Qtrs

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquity`	$4.05B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$3.99B	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$337.69M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-29.95M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$166.73M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$110.51M	USD	2 Qtrs
Net unrealized gains (losses) on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$70.97M	USD	1 Quarter
Net unrealized gains (losses) on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$101.67M	USD	2 Qtrs
Net unrealized gains (losses) on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$182.36M	USD	1 Quarter
Net unrealized gains (losses) on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$149.38M	USD	2 Qtrs
Net foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Net foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	2 Qtrs
Net foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.00K	USD	2 Qtrs
Net foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.00K	USD	1 Quarter
Balance, end of period	`StockholdersEquity`	$4.05B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$3.99B	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$337.69M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-29.95M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$166.73M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$110.51M	USD	2 Qtrs
Unrealized holding gains (losses) arising during the period for which an allowance for expected losses has not been recognized	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$72.00M	USD	1 Quarter
Unrealized holding gains (losses) arising during the period for which an allowance for expected losses has not been recognized	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$112.76M	USD	2 Qtrs
Unrealized holding gains (losses) arising during the period for which an allowance for expected losses has not been recognized	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$185.06M	USD	1 Quarter
Unrealized holding gains (losses) arising during the period for which an allowance for expected losses has not been recognized	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$150.02M	USD	2 Qtrs
Net decrease (increase) in expected credit losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Net decrease (increase) in expected credit losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-2.20M	USD	2 Qtrs
Net decrease (increase) in expected credit losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	2 Qtrs
Net decrease (increase) in expected credit losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-2.20M	USD	1 Quarter
Net unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$70.97M	USD	1 Quarter
Net unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$101.67M	USD	2 Qtrs
Net unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$182.36M	USD	1 Quarter
Net unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$149.38M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$70.97M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$149.38M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$101.67M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$182.36M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$152.41M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$487.07M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$212.18M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$237.70M	USD	1 Quarter
Net foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Net foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	2 Qtrs
Net foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.00K	USD	2 Qtrs
Net foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.00K	USD	1 Quarter
Net realized gains (losses) on disposals and non-credit related impairment losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax`	$638.00K	USD	2 Qtrs
Net realized gains (losses) on disposals and non-credit related impairment losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax`	$1.03M	USD	1 Quarter
Net realized gains (losses) on disposals and non-credit related impairment losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax`	$4.89M	USD	1 Quarter
Net realized gains (losses) on disposals and non-credit related impairment losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax`	$13.29M	USD	2 Qtrs

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