10-Q Filing

RADIAN GROUP INC CIK: 890926 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0000890926-23-000058`
Period End Date	20230930
Filing Date	20231103
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	rdn-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 84 Cash Flow Statement 50 Stockholders Equity 14 Comprehensive Income 28

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Fixed-maturities available for sale, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$5.68B	USD	Point-in-time
Fixed-maturities available for sale, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$5.59B	USD	Point-in-time
Trading securities amortized cost	`TradingSecuritiesDebtAmortizedCost`	$110.68M	USD	Point-in-time
Trading securities amortized cost	`TradingSecuritiesDebtAmortizedCost`	$122.47M	USD	Point-in-time
Equity securities, cost	`EquitySecuritiesFvNiCost`	$162.90M	USD	Point-in-time
Fixed-maturities available for saleat fair value (amortized cost of $5,683,372 and $5,587,261)	`AvailableForSaleSecuritiesDebtSecurities`	$5.04B	USD	Point-in-time
Fixed-maturities available for saleat fair value (amortized cost of $5,683,372 and $5,587,261)	`AvailableForSaleSecuritiesDebtSecurities`	$5.02B	USD	Point-in-time
Equity securities, cost	`EquitySecuritiesFvNiCost`	$113.25M	USD	Point-in-time
Trading securitiesat fair value (amortized cost of $110,676 and $122,472)	`TradingSecuritiesDebt`	$99.77M	USD	Point-in-time
Reinvested cash collateral held under securities lending agreements	`ReinvestedCashCollateralHeldUnderSecuritiesLendingAgreements`	$99.73M	USD	Point-in-time
Reinvested cash collateral held under securities lending agreements	`ReinvestedCashCollateralHeldUnderSecuritiesLendingAgreements`	$119.20M	USD	Point-in-time
Trading securitiesat fair value (amortized cost of $110,676 and $122,472)	`TradingSecuritiesDebt`	$115.67M	USD	Point-in-time
Reinsurance recoverables, paid losses	`ReinsuranceRecoverablesPaidLosses`	$18.00K	USD	Point-in-time
Equity securitiesat fair value (cost of $113,248 and $162,899)	`EquitySecuritiesFvNi`	$108.91M	USD	Point-in-time
Reinsurance recoverables, paid losses	`ReinsuranceRecoverablesPaidLosses`	$68.00K	USD	Point-in-time
Equity securitiesat fair value (cost of $113,248 and $162,899)	`EquitySecuritiesFvNi`	$148.97M	USD	Point-in-time
Common stock, par or stated value per share (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Mortgage loans held for saleat fair value	`MortgageLoansOnRealEstateCommercialAndConsumerNet`	$138.29M	USD	Point-in-time
Common stock, par or stated value per share (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Mortgage loans held for saleat fair value	`MortgageLoansOnRealEstateCommercialAndConsumerNet`	$3.55M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	485.00M	shares	Point-in-time
Other invested assetsat fair value	`OtherInvestments`	$8.49M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	485.00M	shares	Point-in-time
Other invested assetsat fair value	`OtherInvestments`	$5.51M	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	176.51M	shares	Point-in-time
Short-term investmentsat fair value (includes $119,197 and $99,735 of reinvested cash collateral held under securities lending agreements)	`OtherShortTermInvestments`	$402.09M	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	175.64M	shares	Point-in-time
Short-term investmentsat fair value (includes $119,197 and $99,735 of reinvested cash collateral held under securities lending agreements)	`OtherShortTermInvestments`	$492.44M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	175.42M	shares	Point-in-time
Total investments	`Investments`	$5.69B	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	155.58M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	157.06M	shares	Point-in-time
Total investments	`Investments`	$5.89B	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	19.45M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$56.18M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	20.05M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$55.49M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$1.30M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$377.00K	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncome`	$40.09M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncome`	$45.62M	USD	Point-in-time
Accounts and notes receivable	`AccountsReceivableNet`	$144.61M	USD	Point-in-time
Accounts and notes receivable	`AccountsReceivableNet`	$119.83M	USD	Point-in-time
Reinsurance recoverables (includes $68 and $18 for paid losses)	`ReinsuranceRecoverables`	$24.15M	USD	Point-in-time
Reinsurance recoverables (includes $68 and $18 for paid losses)	`ReinsuranceRecoverables`	$25.63M	USD	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$18.82M	USD	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$18.46M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$74.56M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$70.98M	USD	Point-in-time
Goodwill and other acquired intangible assets, net (Note 7)	`IntangibleAssetsNetIncludingGoodwill`	$15.29M	USD	Point-in-time
Goodwill and other acquired intangible assets, net (Note 7)	`IntangibleAssetsNetIncludingGoodwill`	$11.17M	USD	Point-in-time
Prepaid federal income taxes (Note 10)	`PrepaidTaxes`	$596.37M	USD	Point-in-time
Prepaid federal income taxes (Note 10)	`PrepaidTaxes`	$696.82M	USD	Point-in-time
Other assets (Note 9)	`OtherAssets`	$420.48M	USD	Point-in-time
Other assets (Note 9)	`OtherAssets`	$427.02M	USD	Point-in-time
Total assets	`Assets`	$7.38B	USD	Point-in-time
Total assets	`Assets`	$7.06B	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$236.40M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$271.48M	USD	Point-in-time
Reserve for losses and LAE (Note 11)	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$367.57M	USD	Point-in-time
Reserve for losses and LAE (Note 11)	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$426.84M	USD	Point-in-time
Senior notes (Note 12)	`SeniorNotes`	$1.41B	USD	Point-in-time
Senior notes (Note 12)	`SeniorNotes`	$1.42B	USD	Point-in-time
Secured borrowings (Note 12)	`OtherBorrowings`	$241.75M	USD	Point-in-time
Secured borrowings (Note 12)	`OtherBorrowings`	$155.82M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$156.11M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$152.07M	USD	Point-in-time
Net deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$497.56M	USD	Point-in-time
Net deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$391.08M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$309.70M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$333.60M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.14B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.23B	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock ($0.001 par value; 485,000 shares authorized; 2023: 175,636 and 155,582 shares issued and outstanding, respectively; 2022: 176,509 and 157,056 shares issued and outstanding, respectively)	`CommonStockValueOutstanding`	$176.00K	USD	Point-in-time
Common stock ($0.001 par value; 485,000 shares authorized; 2023: 175,636 and 155,582 shares issued and outstanding, respectively; 2022: 176,509 and 157,056 shares issued and outstanding, respectively)	`CommonStockValueOutstanding`	$175.00K	USD	Point-in-time
Treasury stock, at cost (2023: 20,054 shares; 2022: 19,453 shares)	`TreasuryStockValue`	$930.64M	USD	Point-in-time
Treasury stock, at cost (2023: 20,054 shares; 2022: 19,453 shares)	`TreasuryStockValue`	$945.50M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.52B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.48B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.14B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.79B	USD	Point-in-time
Accumulated other comprehensive income (loss) (Note 15)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-456.80M	USD	Point-in-time
Accumulated other comprehensive income (loss) (Note 15)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-521.08M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.15B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.92B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.74B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.06B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.38B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net realized gains (losses) on investments sold or redeemed	`RealizedInvestmentGainsLosses`	$-2.87M	USD	1 Quarter
Net realized gains (losses) on investments sold or redeemed	`RealizedInvestmentGainsLosses`	$-8.45M	USD	3 Qtrs
Net realized gains (losses) on investments sold or redeemed	`RealizedInvestmentGainsLosses`	$-11.73M	USD	3 Qtrs
Net realized gains (losses) on investments sold or redeemed	`RealizedInvestmentGainsLosses`	$-4.14M	USD	1 Quarter
Net premiums earned (Note 8)	`PremiumsEarnedNet`	$748.30M	USD	3 Qtrs
Net premiums earned (Note 8)	`PremiumsEarnedNet`	$686.93M	USD	3 Qtrs
Net premiums earned (Note 8)	`PremiumsEarnedNet`	$240.26M	USD	1 Quarter
Net premiums earned (Note 8)	`PremiumsEarnedNet`	$240.22M	USD	1 Quarter
Services revenue (Note 4)	`ServicesRevenueNet`	$10.89M	USD	1 Quarter
Services revenue (Note 4)	`ServicesRevenueNet`	$76.78M	USD	3 Qtrs
Services revenue (Note 4)	`ServicesRevenueNet`	$33.67M	USD	3 Qtrs
Services revenue (Note 4)	`ServicesRevenueNet`	$20.15M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$51.41M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$192.23M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$136.57M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$68.83M	USD	1 Quarter
Net gains (losses) on investments and other financial instruments (includes net realized gains (losses) on investments of $(2,874), $(4,139), $(11,730) and $(8,454)) (Note 6)	`NetGainsLossesOnInvestmentsAndOtherFinancialInstruments`	$-8.55M	USD	1 Quarter
Net gains (losses) on investments and other financial instruments (includes net realized gains (losses) on investments of $(2,874), $(4,139), $(11,730) and $(8,454)) (Note 6)	`NetGainsLossesOnInvestmentsAndOtherFinancialInstruments`	$-87.58M	USD	3 Qtrs
Net gains (losses) on investments and other financial instruments (includes net realized gains (losses) on investments of $(2,874), $(4,139), $(11,730) and $(8,454)) (Note 6)	`NetGainsLossesOnInvestmentsAndOtherFinancialInstruments`	$-3.21M	USD	3 Qtrs
Net gains (losses) on investments and other financial instruments (includes net realized gains (losses) on investments of $(2,874), $(4,139), $(11,730) and $(8,454)) (Note 6)	`NetGainsLossesOnInvestmentsAndOtherFinancialInstruments`	$-16.25M	USD	1 Quarter
Other income	`OtherIncome`	$4.94M	USD	3 Qtrs
Other income	`OtherIncome`	$659.00K	USD	1 Quarter
Other income	`OtherIncome`	$1.93M	USD	3 Qtrs
Other income	`OtherIncome`	$2.11M	USD	1 Quarter
Total revenues	`Revenues`	$313.53M	USD	1 Quarter
Total revenues	`Revenues`	$914.57M	USD	3 Qtrs
Total revenues	`Revenues`	$876.00M	USD	3 Qtrs
Total revenues	`Revenues`	$296.19M	USD	1 Quarter
Provision for losses	`PolicyholderBenefitsAndClaimsIncurredNet`	$-96.96M	USD	1 Quarter
Provision for losses	`PolicyholderBenefitsAndClaimsIncurredNet`	$-294.64M	USD	3 Qtrs
Provision for losses	`PolicyholderBenefitsAndClaimsIncurredNet`	$-46.70M	USD	3 Qtrs
Provision for losses	`PolicyholderBenefitsAndClaimsIncurredNet`	$-8.13M	USD	1 Quarter
Policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$17.99M	USD	3 Qtrs
Policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$5.44M	USD	1 Quarter
Policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$6.92M	USD	1 Quarter
Policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$18.43M	USD	3 Qtrs
Cost of services	`CostOfServicesTitleInsurance`	$29.54M	USD	3 Qtrs
Cost of services	`CostOfServicesTitleInsurance`	$8.89M	USD	1 Quarter
Cost of services	`CostOfServicesTitleInsurance`	$18.72M	USD	1 Quarter
Cost of services	`CostOfServicesTitleInsurance`	$66.23M	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$79.21M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$271.36M	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$91.33M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$252.36M	USD	3 Qtrs
Interest expense	`InterestExpense`	$62.86M	USD	3 Qtrs
Interest expense	`InterestExpense`	$69.15M	USD	3 Qtrs
Interest expense	`InterestExpense`	$21.18M	USD	1 Quarter
Interest expense	`InterestExpense`	$24.30M	USD	1 Quarter
Amortization of other acquired intangible assets	`AmortizationOfIntangibleAssets`	$1.02M	USD	1 Quarter
Amortization of other acquired intangible assets	`AmortizationOfIntangibleAssets`	$2.72M	USD	3 Qtrs
Amortization of other acquired intangible assets	`AmortizationOfIntangibleAssets`	$1.37M	USD	1 Quarter
Amortization of other acquired intangible assets	`AmortizationOfIntangibleAssets`	$4.11M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$40.73M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$112.55M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$126.52M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$326.90M	USD	3 Qtrs
Pretax income	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$255.46M	USD	1 Quarter
Pretax income	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$587.67M	USD	3 Qtrs
Pretax income	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$200.98M	USD	1 Quarter
Pretax income	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$749.48M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$127.24M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$44.40M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$168.88M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$57.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$198.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$580.60M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$156.58M	USD	1 Quarter
Net income	`NetIncomeLoss`	$460.43M	USD	3 Qtrs
Basic net income per share (in usd per share)	`EarningsPerShareBasic`	$0.99	USD	1 Quarter
Basic net income per share (in usd per share)	`EarningsPerShareBasic`	$3.39	USD	3 Qtrs
Basic net income per share (in usd per share)	`EarningsPerShareBasic`	$2.90	USD	3 Qtrs
Basic net income per share (in usd per share)	`EarningsPerShareBasic`	$1.22	USD	1 Quarter
Diluted net income per share (in usd per share)	`EarningsPerShareDiluted`	$2.86	USD	3 Qtrs
Diluted net income per share (in usd per share)	`EarningsPerShareDiluted`	$3.34	USD	3 Qtrs
Diluted net income per share (in usd per share)	`EarningsPerShareDiluted`	$0.98	USD	1 Quarter
Diluted net income per share (in usd per share)	`EarningsPerShareDiluted`	$1.20	USD	1 Quarter
Weighted average number of common shares outstandingbasic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	158.46M	shares	1 Quarter
Weighted average number of common shares outstandingbasic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	162.51M	shares	1 Quarter
Weighted average number of common shares outstandingbasic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	171.12M	shares	3 Qtrs
Weighted average number of common shares outstandingbasic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	158.99M	shares	3 Qtrs
Weighted average number of common and common equivalent shares outstandingdiluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	164.74M	shares	1 Quarter
Weighted average number of common and common equivalent shares outstandingdiluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	173.62M	shares	3 Qtrs
Weighted average number of common and common equivalent shares outstandingdiluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	160.15M	shares	1 Quarter
Weighted average number of common and common equivalent shares outstandingdiluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	160.87M	shares	3 Qtrs

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$282.15M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$264.48M	USD	3 Qtrs
Fixed-maturities available for sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$266.21M	USD	3 Qtrs
Fixed-maturities available for sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$395.98M	USD	3 Qtrs
Trading securities	`ProceedsFromSaleOfTradingSecuritiesHeldforinvestment`	$8.83M	USD	3 Qtrs
Trading securities	`ProceedsFromSaleOfTradingSecuritiesHeldforinvestment`	$9.12M	USD	3 Qtrs
Equity securities	`ProceedsFromSaleOfEquitySecuritiesFvNi`	$7.64M	USD	3 Qtrs
Equity securities	`ProceedsFromSaleOfEquitySecuritiesFvNi`	$46.14M	USD	3 Qtrs
Fixed-maturities available for sale	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$384.26M	USD	3 Qtrs
Fixed-maturities available for sale	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$663.25M	USD	3 Qtrs
Trading securities	`ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment`	$1.54M	USD	3 Qtrs
Trading securities	`ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment`	$78.46M	USD	3 Qtrs
Fixed-maturities available for sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.24B	USD	3 Qtrs
Fixed-maturities available for sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$796.09M	USD	3 Qtrs
Equity securities	`PaymentsToAcquireEquitySecuritiesFvNi`	$23.23M	USD	3 Qtrs
Equity securities	`PaymentsToAcquireEquitySecuritiesFvNi`	$5.71M	USD	3 Qtrs
Short-term investments, net	`PaymentsForProceedsFromShortTermInvestments`	$-168.93M	USD	3 Qtrs
Short-term investments, net	`PaymentsForProceedsFromShortTermInvestments`	$77.57M	USD	3 Qtrs
Other assets and other invested assets, net	`PaymentsForProceedsFromOtherInvestingActivities`	$534.00K	USD	3 Qtrs
Other assets and other invested assets, net	`PaymentsForProceedsFromOtherInvestingActivities`	$2.94M	USD	3 Qtrs
Additions to property and equipment	`PaymentsForProceedsFromProductiveAssets`	$12.15M	USD	3 Qtrs
Additions to property and equipment	`PaymentsForProceedsFromProductiveAssets`	$14.39M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-189.44M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$48.56M	USD	3 Qtrs
Dividends and dividend equivalents paid	`PaymentsOfDividendsCommonStock`	$111.03M	USD	3 Qtrs
Dividends and dividend equivalents paid	`PaymentsOfDividendsCommonStock`	$103.72M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.12M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.53M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$387.11M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$70.03M	USD	3 Qtrs
Credit facility commitment fees paid	`ProceedsFromPaymentsForOtherFinancingActivities`	$-666.00K	USD	3 Qtrs
Credit facility commitment fees paid	`ProceedsFromPaymentsForOtherFinancingActivities`	$-574.00K	USD	3 Qtrs
Change in secured borrowings, net (with terms three months or less)	`IncreaseDecreaseInSecuritiesLendingPayable`	$60.20M	USD	3 Qtrs
Change in secured borrowings, net (with terms three months or less)	`IncreaseDecreaseInSecuritiesLendingPayable`	$17.31M	USD	3 Qtrs
Proceeds from secured borrowings (with terms greater than three months)	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$175.37M	USD	3 Qtrs
Proceeds from secured borrowings (with terms greater than three months)	`ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths`	$26.57M	USD	3 Qtrs
Repayments of secured borrowings (with terms greater than three months)	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	$24.00M	USD	3 Qtrs
Repayments of secured borrowings (with terms greater than three months)	`RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths`	$87.28M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-427.52M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-74.80M	USD	3 Qtrs
Increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$234.00K	USD	3 Qtrs
Increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-96.81M	USD	3 Qtrs
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.79M	USD	Point-in-time
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$152.62M	USD	Point-in-time
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.56M	USD	Point-in-time
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$55.81M	USD	Point-in-time
Cash and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.79M	USD	Point-in-time
Cash and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$152.62M	USD	Point-in-time
Cash and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$56.56M	USD	Point-in-time
Cash and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$55.81M	USD	Point-in-time

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquity`	$4.15B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$3.92B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$3.74B	USD	Point-in-time
Net income	`NetIncomeLoss`	$198.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$580.60M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$156.58M	USD	1 Quarter
Net income	`NetIncomeLoss`	$460.43M	USD	3 Qtrs
Net unrealized gains (losses) on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-173.11M	USD	1 Quarter
Net unrealized gains (losses) on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-622.39M	USD	3 Qtrs
Net unrealized gains (losses) on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-64.46M	USD	3 Qtrs
Net unrealized gains (losses) on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-97.40M	USD	1 Quarter
Balance, end of period	`StockholdersEquity`	$4.15B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$3.92B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$3.74B	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$198.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$580.60M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$156.58M	USD	1 Quarter
Net income	`NetIncomeLoss`	$460.43M	USD	3 Qtrs
Unrealized holding gains (losses) on investments arising during the period for which an allowance for expected losses has not been recognized	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-99.60M	USD	1 Quarter
Unrealized holding gains (losses) on investments arising during the period for which an allowance for expected losses has not been recognized	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-630.35M	USD	3 Qtrs
Unrealized holding gains (losses) on investments arising during the period for which an allowance for expected losses has not been recognized	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-74.87M	USD	3 Qtrs
Unrealized holding gains (losses) on investments arising during the period for which an allowance for expected losses has not been recognized	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-176.39M	USD	1 Quarter
Net realized gains (losses) on disposals and non-credit related impairment losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax`	$-7.96M	USD	3 Qtrs
Net realized gains (losses) on disposals and non-credit related impairment losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax`	$-3.28M	USD	1 Quarter
Net realized gains (losses) on disposals and non-credit related impairment losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax`	$-2.21M	USD	1 Quarter
Net realized gains (losses) on disposals and non-credit related impairment losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentForNonCreditRelatedImpairmentsNetOfTax`	$-10.41M	USD	3 Qtrs
Net unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-173.11M	USD	1 Quarter
Net unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-622.39M	USD	3 Qtrs
Net unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-64.46M	USD	3 Qtrs
Net unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-97.40M	USD	1 Quarter
Other adjustments to comprehensive income (loss), net	`OtherAdjustmentsToOtherComprehensiveIncomeNetOfTax`	-	USD	1 Quarter
Other adjustments to comprehensive income (loss), net	`OtherAdjustmentsToOtherComprehensiveIncomeNetOfTax`	-	USD	1 Quarter
Other adjustments to comprehensive income (loss), net	`OtherAdjustmentsToOtherComprehensiveIncomeNetOfTax`	$179.00K	USD	3 Qtrs
Other adjustments to comprehensive income (loss), net	`OtherAdjustmentsToOtherComprehensiveIncomeNetOfTax`	$84.00K	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-622.31M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-173.11M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-64.28M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-97.40M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-41.70M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$396.14M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$25.17M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$59.19M	USD	1 Quarter

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