10-Q Filing

RADIAN GROUP INC CIK: 890926 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0000890926-20-000083`
Period End Date	20200930
Filing Date	20201109
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	rdn-20200930_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 $2,290 as of September 30, 2020 (amortized cost of $5,338,536 and $4,549,534)	`AvailableForSaleSecuritiesDebtSecurities`	$5.63B	USD	Point-in-time
Fixed-maturities available for saleat fair value, net of allowance for credit losses of $2,290 as of September 30, 2020 (amortized cost of $5,338,536 and $4,549,534)	`AvailableForSaleSecuritiesDebtSecurities`	$4.69B	USD	Point-in-time
Trading securitiesat fair value (amortized cost of $262,131 and $297,505)	`TradingSecuritiesDebt`	$291.65M	USD	Point-in-time
Trading securitiesat fair value (amortized cost of $262,131 and $297,505)	`TradingSecuritiesDebt`	$317.15M	USD	Point-in-time
Equity securitiesat fair value (cost of $92,638 and $125,311)	`EquitySecuritiesFvNi`	$91.32M	USD	Point-in-time
Equity securitiesat fair value (cost of $92,638 and $125,311)	`EquitySecuritiesFvNi`	$130.22M	USD	Point-in-time
Short-term investmentsat fair value (includes $33,121 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 $33,121 and $25,561 of reinvested cash collateral held under securities lending agreements)	`OtherShortTermInvestments`	$567.15M	USD	Point-in-time
Other invested assetsat fair value	`OtherInvestments`	$4.07M	USD	Point-in-time
Other invested assetsat fair value	`OtherInvestments`	$5.47M	USD	Point-in-time
Investments, Total	`Investments`	$5.66B	USD	Point-in-time
Investments, Total	`Investments`	$6.58B	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$92.73M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$82.02M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$3.54M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$4.42M	USD	Point-in-time
Accounts and notes receivable	`AccountsAndNotesReceivableNet`	$145.16M	USD	Point-in-time
Accounts and notes receivable	`AccountsAndNotesReceivableNet`	$93.63M	USD	Point-in-time
Goodwill and other acquired intangible assets, net (Note 7)	`IntangibleAssetsNetIncludingGoodwill`	$28.19M	USD	Point-in-time
Goodwill and other acquired intangible assets, net (Note 7)	`IntangibleAssetsNetIncludingGoodwill`	$25.27M	USD	Point-in-time
Prepaid reinsurance premium	`PrepaidReinsurancePremiums`	$363.86M	USD	Point-in-time
Prepaid reinsurance premium	`PrepaidReinsurancePremiums`	$295.06M	USD	Point-in-time
Other assets (Note 9)	`OtherAssets`	$567.62M	USD	Point-in-time
Other assets (Note 9)	`OtherAssets`	$640.83M	USD	Point-in-time
Assets, Total	`Assets`	$6.81B	USD	Point-in-time
Assets, Total	`Assets`	$7.78B	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$626.82M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$501.79M	USD	Point-in-time
Reserve for losses and loss adjustment expense (Note 11)	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$825.79M	USD	Point-in-time
Reserve for losses and loss adjustment expense (Note 11)	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$404.76M	USD	Point-in-time
Senior notes (Note 12)	`SeniorNotes`	$887.11M	USD	Point-in-time
Senior notes (Note 12)	`SeniorNotes`	$1.40B	USD	Point-in-time
FHLB advances (Note 12)	`AdvancesFromFederalHomeLoanBanks`	$134.88M	USD	Point-in-time
FHLB advances (Note 12)	`AdvancesFromFederalHomeLoanBanks`	$141.06M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$318.77M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$291.83M	USD	Point-in-time
Other Liabilities	`OtherLiabilities`	$414.19M	USD	Point-in-time
Other Liabilities	`OtherLiabilities`	$462.80M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.76B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.65B	USD	Point-in-time
Common stock: par value $0.001 per share; 485,000 shares authorized at September 30, 2020 and December 31, 2019; 210,061 and 219,123 shares issued at September 30, 2020 and December 31, 2019, respectively; 191,556 and 201,164 shares outstanding at September 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 September 30, 2020 and December 31, 2019; 210,061 and 219,123 shares issued at September 30, 2020 and December 31, 2019, respectively; 191,556 and 201,164 shares outstanding at September 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 September 30, 2020 and December 31, 2019, respectively	`TreasuryStockValue`	$909.75M	USD	Point-in-time
Treasury stock, at cost: 18,505 and 17,959 shares at September 30, 2020 and December 31, 2019, respectively	`TreasuryStockValue`	$901.66M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.24B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.45B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.56B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.39B	USD	Point-in-time
Accumulated other comprehensive income (loss) (Note 15)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$110.49M	USD	Point-in-time
Accumulated other comprehensive income (loss) (Note 15)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$231.97M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.12B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.05B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.78B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$6.81B	USD	Point-in-time
Equity Securities, FV-NI, Cost	`EquitySecuritiesFvNiCost`	$92.64M	USD	Point-in-time
Equity Securities, FV-NI, Cost	`EquitySecuritiesFvNiCost`	$125.31M	USD	Point-in-time
Debt Securities, Trading, Amortized Cost	`TradingSecuritiesDebtAmortizedCost`	$262.13M	USD	Point-in-time
Debt Securities, Trading, Amortized Cost	`TradingSecuritiesDebtAmortizedCost`	$297.50M	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`	$5.34B	USD	Point-in-time
Ending balance	`DebtSecuritiesAvailableForSaleAllowanceForCreditLoss`	$-2.29M	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`	219.12M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	210.06M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	201.16M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	191.56M	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`	$33.12M	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 8)	`PremiumsEarnedNet`	$843.86M	USD	3 Qtrs
Net premiums earned (Note 8)	`PremiumsEarnedNet`	$286.47M	USD	1 Quarter
Net premiums earned (Note 8)	`PremiumsEarnedNet`	$813.18M	USD	3 Qtrs
Net premiums earned (Note 8)	`PremiumsEarnedNet`	$281.19M	USD	1 Quarter
Services revenue (Note 4)	`ServicesRevenueNet`	$33.94M	USD	1 Quarter
Services revenue (Note 4)	`ServicesRevenueNet`	$114.56M	USD	3 Qtrs
Services revenue (Note 4)	`ServicesRevenueNet`	$93.94M	USD	3 Qtrs
Services revenue (Note 4)	`ServicesRevenueNet`	$42.51M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$115.92M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$130.36M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$36.26M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$42.76M	USD	1 Quarter
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`	$42.90M	USD	3 Qtrs
Net gains (losses) on investments and other financial instruments	`NetGainsLossesonInvestmentsandOtherFinancialInstruments`	$17.65M	USD	1 Quarter
Other income	`OtherIncome`	$913.00K	USD	1 Quarter
Other income	`OtherIncome`	$2.68M	USD	3 Qtrs
Other income	`OtherIncome`	$879.00K	USD	1 Quarter
Other income	`OtherIncome`	$2.81M	USD	3 Qtrs
Total revenues	`Revenues`	$1.14B	USD	3 Qtrs
Total revenues	`Revenues`	$375.23M	USD	1 Quarter
Total revenues	`Revenues`	$1.07B	USD	3 Qtrs
Total revenues	`Revenues`	$380.34M	USD	1 Quarter
Provision for losses	`PolicyholderBenefitsAndClaimsIncurredNet`	$428.45M	USD	3 Qtrs
Provision for losses	`PolicyholderBenefitsAndClaimsIncurredNet`	$29.23M	USD	1 Quarter
Provision for losses	`PolicyholderBenefitsAndClaimsIncurredNet`	$88.08M	USD	1 Quarter
Provision for losses	`PolicyholderBenefitsAndClaimsIncurredNet`	$97.41M	USD	3 Qtrs
Policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$18.53M	USD	3 Qtrs
Policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$10.17M	USD	1 Quarter
Policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$23.59M	USD	3 Qtrs
Policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$6.43M	USD	1 Quarter
Cost of services	`CostofServicesRealEstate`	$64.47M	USD	3 Qtrs
Cost of services	`CostofServicesRealEstate`	$29.04M	USD	1 Quarter
Cost of services	`CostofServicesRealEstate`	$81.05M	USD	3 Qtrs
Cost of services	`CostofServicesRealEstate`	$24.35M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$199.07M	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$69.38M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$76.38M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$225.24M	USD	3 Qtrs
Interest expense	`InterestExpense`	$44.15M	USD	3 Qtrs
Interest expense	`InterestExpense`	$21.09M	USD	1 Quarter
Interest expense	`InterestExpense`	$13.49M	USD	1 Quarter
Interest expense	`InterestExpense`	$49.98M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-22.74M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-5.94M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Amortization and impairment of other acquired intangible assets	`AmortizationOfIntangibleAssets`	$2.92M	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`	$961.00K	USD	1 Quarter
Amortization and impairment of other acquired intangible assets	`AmortizationOfIntangibleAssets`	$6.46M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$768.48M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$214.03M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$495.58M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$162.66M	USD	1 Quarter
Consolidated pretax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$161.21M	USD	1 Quarter
Consolidated pretax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$643.35M	USD	3 Qtrs
Consolidated pretax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$217.67M	USD	1 Quarter
Consolidated pretax income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$300.27M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$44.23M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$54.66M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$132.23M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$26.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$511.12M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$245.61M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$135.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$173.44M	USD	1 Quarter
Basic net income (loss) per share	`EarningsPerShareBasic`	$0.70	USD	1 Quarter
Basic net income (loss) per share	`EarningsPerShareBasic`	$2.45	USD	3 Qtrs
Basic net income (loss) per share	`EarningsPerShareBasic`	$0.85	USD	1 Quarter
Basic net income (loss) per share	`EarningsPerShareBasic`	$1.25	USD	3 Qtrs
Diluted net income (loss) per share	`EarningsPerShareDiluted`	$0.70	USD	1 Quarter
Diluted net income (loss) per share	`EarningsPerShareDiluted`	$0.83	USD	1 Quarter
Diluted net income (loss) per share	`EarningsPerShareDiluted`	$2.39	USD	3 Qtrs
Diluted net income (loss) per share	`EarningsPerShareDiluted`	$1.25	USD	3 Qtrs
Weighted-average number of common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	203.11M	shares	1 Quarter
Weighted-average number of common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	193.18M	shares	1 Quarter
Weighted-average number of common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	196.12M	shares	3 Qtrs
Weighted-average number of common shares outstandingbasic	`WeightedAverageNumberOfSharesOutstandingBasic`	208.56M	shares	3 Qtrs
Weighted-average number of common and common equivalent shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	194.16M	shares	1 Quarter
Weighted-average number of common and common equivalent shares outstandingdiluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	213.96M	shares	3 Qtrs
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`	197.25M	shares	3 Qtrs

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$506.81M	USD	3 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$498.76M	USD	3 Qtrs
Proceeds from Sales of Fixed-Maturity Investments Available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$895.00M	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`	$11.60M	USD	3 Qtrs
Proceeds from Sales of Equity Securities	`ProceedsfromSaleofEquitySecurities`	$52.30M	USD	3 Qtrs
Proceeds from Sales of Equity Securities	`ProceedsfromSaleofEquitySecurities`	$77.44M	USD	3 Qtrs
Proceeds from Redemption of Fixed-Maturity Investments Available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$443.72M	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`	$22.11M	USD	3 Qtrs
Proceeds from Redemptions of Trading securities	`ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment`	$36.83M	USD	3 Qtrs
Purchases of Fixed-Maturity Investments Available for sale	`PaymentsToAcquireAvailableForSaleSecurities`	$2.10B	USD	3 Qtrs
Purchases of Fixed-Maturity Investments Available for sale	`PaymentsToAcquireAvailableForSaleSecurities`	$1.35B	USD	3 Qtrs
Purchases of Equity Securities	`PaymentsToAcquireInvestments`	$69.21M	USD	3 Qtrs
Purchases of Equity Securities	`PaymentsToAcquireInvestments`	$45.75M	USD	3 Qtrs
Sales, Redemptions and (Purchases) of Short-term Investments, Net	`PaymentsForProceedsFromShortTermInvestments`	$12.20M	USD	3 Qtrs
Sales, Redemptions and (Purchases) of Short-term Investments, Net	`PaymentsForProceedsFromShortTermInvestments`	$21.80M	USD	3 Qtrs
Sales, Redemptions and (Purchases) of Other assets and other invested assets, net	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	$687.00K	USD	3 Qtrs
Sales, Redemptions and (Purchases) of Other assets and other invested assets, net	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	$989.00K	USD	3 Qtrs
Proceeds from sale of a subsidiary, net of cash sold	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	-	USD	3 Qtrs
Proceeds from sale of a subsidiary, net of cash sold	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	$16.48M	USD	3 Qtrs
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.71M	USD	3 Qtrs
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.72M	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`	$-737.66M	USD	3 Qtrs
Dividends and dividend equivalents paid	`PaymentsOfDividendsCommonStock`	$1.56M	USD	3 Qtrs
Dividends and dividend equivalents paid	`PaymentsOfDividendsCommonStock`	$73.36M	USD	3 Qtrs
Issuance of senior notes, net	`ProceedsFromDebtNetOfIssuanceCosts`	$442.50M	USD	3 Qtrs
Issuance of senior notes, net	`ProceedsFromDebtNetOfIssuanceCosts`	$515.57M	USD	3 Qtrs
Repayments and repurchases of senior notes	`RepaymentsOfLongTermDebt`	-	USD	3 Qtrs
Repayments and repurchases of senior notes	`RepaymentsOfLongTermDebt`	$610.74M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.50M	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`	$226.31M	USD	3 Qtrs
Credit facility commitment fees paid	`LineofCreditFacilityPaymentofCommitmentFees`	$710.00K	USD	3 Qtrs
Credit facility commitment fees paid	`LineofCreditFacilityPaymentofCommitmentFees`	$1.99M	USD	3 Qtrs
Change in secured borrowings, net (with terms three months or less)	`IncreaseDecreaseInSecuritiesLendingPayable`	$-19.19M	USD	3 Qtrs
Change in secured borrowings, net (with terms three months or less)	`IncreaseDecreaseInSecuritiesLendingPayable`	$9.57M	USD	3 Qtrs
Proceeds from secured borrowings (with terms greater than 3 months)	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$138.91M	USD	3 Qtrs
Proceeds from secured borrowings (with terms greater than 3 months)	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$73.01M	USD	3 Qtrs
Payments of secured borrowings (with terms greater than 3 months)	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	$37.55M	USD	3 Qtrs
Payments of secured borrowings (with terms greater than 3 months)	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	$105.98M	USD	3 Qtrs
Repayments of other borrowings	`RepaymentsOfLongTermCapitalLeaseObligations`	$79.00K	USD	3 Qtrs
Repayments of other borrowings	`RepaymentsOfLongTermCapitalLeaseObligations`	$114.00K	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`	$229.07M	USD	3 Qtrs
Effect of exchange rate changes on cash and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-4.00K	USD	3 Qtrs
Effect of exchange rate changes on cash and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	-	USD	3 Qtrs
Increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-9.83M	USD	3 Qtrs
Increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-54.76M	USD	3 Qtrs
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$52.25M	USD	Point-in-time
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$86.44M	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`	$96.27M	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`	$86.44M	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`	$96.27M	USD	Point-in-time

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquity`	$4.12B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$4.05B	USD	Point-in-time
Net income	`NetIncomeLoss`	$511.12M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$245.61M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$135.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$173.44M	USD	1 Quarter
Net unrealized gains (losses) on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$121.48M	USD	3 Qtrs
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`	$186.56M	USD	3 Qtrs
Net unrealized gains (losses) on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$19.81M	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`	-	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`	$4.12B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$4.05B	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$511.12M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$245.61M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$135.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$173.44M	USD	1 Quarter
Unrealized holding gains (losses) arising during the period for which an allowance for expected losses has not been recognized	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$143.60M	USD	3 Qtrs
Unrealized holding gains (losses) arising during the period for which an allowance for expected losses has not been recognized	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$30.84M	USD	1 Quarter
Unrealized holding gains (losses) arising during the period for which an allowance for expected losses has not been recognized	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$190.68M	USD	3 Qtrs
Unrealized holding gains (losses) arising during the period for which an allowance for expected losses has not been recognized	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$40.65M	USD	1 Quarter
Net decrease (increase) in expected credit losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-2.05M	USD	3 Qtrs
Net decrease (increase) in expected credit losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$147.00K	USD	1 Quarter
Net decrease (increase) in expected credit losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Net decrease (increase) in expected credit losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	3 Qtrs
Net unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$121.48M	USD	3 Qtrs
Net unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$37.18M	USD	1 Quarter
Net unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$186.56M	USD	3 Qtrs
Net unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$19.81M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$121.48M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$186.56M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$19.81M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$37.18M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$210.62M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$367.09M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$154.91M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$697.68M	USD	3 Qtrs
Net foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.00K	USD	3 Qtrs
Net foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	3 Qtrs
Net foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Net foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
Net realized gains (losses) on disposals and non-credit related impairment losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax`	$3.48M	USD	1 Quarter
Net realized gains (losses) on disposals and non-credit related impairment losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax`	$4.12M	USD	3 Qtrs
Net realized gains (losses) on disposals and non-credit related impairment losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax`	$10.88M	USD	1 Quarter
Net realized gains (losses) on disposals and non-credit related impairment losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax`	$24.17M	USD	3 Qtrs

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