10-K Filing

NELNET INC CIK: 1258602 FY 2011

Filing Information

Form Type	10-K
Accession Number	`0001258602-12-000024`
Period End Date	20111231
Filing Date	20120228
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	nni-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 87 Cash Flow Statement 140 Stockholders Equity 27

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Allowance for loan losses (in Dollars)	`LoansAndLeasesReceivableAllowance`	$48.48M	USD	Point-in-time
Allowance for loan losses (in Dollars)	`LoansAndLeasesReceivableAllowance`	$43.63M	USD	Point-in-time
Allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivable`	$1.28M	USD	Point-in-time
Student loans receivable (net of allowance for loan losses of $48,482 and $43,626, respectively)	`StudentLoansReceivableNet`	$23.95B	USD	Point-in-time
Allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivable`	$1.22M	USD	Point-in-time
Student loans receivable (net of allowance for loan losses of $48,482 and $43,626, respectively)	`StudentLoansReceivableNet`	$24.30B	USD	Point-in-time
Student loans receivable - held for sale	`LoansReceivableHeldForSaleAmount`	$84.99M	USD	Point-in-time
Student loans receivable - held for sale	`LoansReceivableHeldForSaleAmount`	-	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents - not held at a related party	`CashAndCashEquivalentsNotHeldAtRelatedParty`	$7.30M	USD	Point-in-time
Cash and cash equivalents - not held at a related party	`CashAndCashEquivalentsNotHeldAtRelatedParty`	$6.95M	USD	Point-in-time
Cash and cash equivalents - held at a related party	`CashAndCashEquivalentsRelatedParty`	$35.27M	USD	Point-in-time
Cash and cash equivalents - held at a related party	`CashAndCashEquivalentsRelatedParty`	$276.85M	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$283.80M	USD	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$189.85M	USD	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$42.57M	USD	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$338.18M	USD	Point-in-time
Investments	`Investments`	$43.24M	USD	Point-in-time
Investments	`Investments`	$50.78M	USD	Point-in-time
Restricted cash and investments	`RestrictedCashAndInvestments`	$668.76M	USD	Point-in-time
Restricted cash and investments	`RestrictedCashAndInvestments`	$614.32M	USD	Point-in-time
Restricted cash - due to customers	`RestrictedCashDueToCustomers`	$88.53M	USD	Point-in-time
Restricted cash - due to customers	`RestrictedCashDueToCustomers`	$109.81M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$318.15M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$308.40M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $1,284 and $1,221, respectively)	`AccountsReceivableNet`	$63.65M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $1,284 and $1,221, respectively)	`AccountsReceivableNet`	$52.61M	USD	Point-in-time
Goodwill	`Goodwill`	$117.12M	USD	Point-in-time
Goodwill	`Goodwill`	$117.12M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$38.71M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$28.37M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$34.82M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$30.57M	USD	Point-in-time
Other assets	`OtherAssets`	$101.05M	USD	Point-in-time
Other assets	`OtherAssets`	$92.28M	USD	Point-in-time
Fair value of derivative instruments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue`	$118.35M	USD	Point-in-time
Fair value of derivative instruments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue`	$92.22M	USD	Point-in-time
Total assets	`Assets`	$25.89B	USD	Point-in-time
Total assets	`Assets`	$25.85B	USD	Point-in-time
Bonds and notes payable	`DebtAndCapitalLeaseObligations`	$24.67B	USD	Point-in-time
Bonds and notes payable	`DebtAndCapitalLeaseObligations`	$24.43B	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$19.63M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$19.15M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$178.19M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$191.02M	USD	Point-in-time
Due to customers	`PayablesToCustomers`	$88.53M	USD	Point-in-time
Due to customers	`PayablesToCustomers`	$109.81M	USD	Point-in-time
Fair value of derivative instruments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue`	$43.84M	USD	Point-in-time
Fair value of derivative instruments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue`	$16.09M	USD	Point-in-time
Total liabilities	`Liabilities`	$24.99B	USD	Point-in-time
Total liabilities	`Liabilities`	$24.79B	USD	Point-in-time
Preferred stock, $0.01 par value. Authorized 50,000,000 shares; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value. Authorized 50,000,000 shares; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$49.24M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$76.26M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.02B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$831.06M	USD	Point-in-time
Employee notes receivable	`ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock`	$-1.17M	USD	Point-in-time
Employee notes receivable	`ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock`	$-1.14M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$643.23M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$784.56M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$906.63M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.07B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$25.89B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$25.85B	USD	Point-in-time

Income Statement 87 line items

Line Item	Tag	Value	Unit	Period
Loan interest	`LoanInterest`	$589.69M	USD	Annual
Loan interest	`LoanInterest`	$609.92M	USD	Annual
Loan interest	`LoanInterest`	$598.67M	USD	Annual
Investment interest	`InvestmentIncomeInterest`	$3.17M	USD	Annual
Investment interest	`InvestmentIncomeInterest`	$5.26M	USD	Annual
Investment interest	`InvestmentIncomeInterest`	$10.29M	USD	Annual
Total interest income	`InterestAndDividendIncomeOperating`	$603.93M	USD	Annual
Total interest income	`InterestAndDividendIncomeOperating`	$620.21M	USD	Annual
Total interest income	`InterestAndDividendIncomeOperating`	$592.85M	USD	Annual
Interest on bonds and notes payable	`InterestExpense`	$228.29M	USD	Annual
Interest on bonds and notes payable	`InterestExpense`	$384.86M	USD	Annual
Interest on bonds and notes payable	`InterestExpense`	$232.86M	USD	Annual
Net interest income	`InterestIncomeExpenseNet`	$235.34M	USD	Annual
Net interest income	`InterestIncomeExpenseNet`	$371.07M	USD	Annual
Net interest income	`InterestIncomeExpenseNet`	$364.56M	USD	Annual
Less provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$22.70M	USD	Annual
Less provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$29.00M	USD	Annual
Less provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$21.25M	USD	Annual
Net interest income after provision for loan losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$348.37M	USD	Annual
Net interest income after provision for loan losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$206.34M	USD	Annual
Net interest income after provision for loan losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$343.31M	USD	Annual
Loan and guaranty servicing revenue	`LoanAndGuarantyServicingRevenue`	$129.91M	USD	Annual
Loan and guaranty servicing revenue	`LoanAndGuarantyServicingRevenue`	$158.58M	USD	Annual
Loan and guaranty servicing revenue	`LoanAndGuarantyServicingRevenue`	$175.66M	USD	Annual
Tuition payment processing and campus commerce revenue	`TuitionPaymentProcessingAndCampusCommerceRevenue`	$59.82M	USD	Annual
Tuition payment processing and campus commerce revenue	`TuitionPaymentProcessingAndCampusCommerceRevenue`	$53.89M	USD	Annual
Tuition payment processing and campus commerce revenue	`TuitionPaymentProcessingAndCampusCommerceRevenue`	$67.80M	USD	Annual
Enrollment services revenue	`EnrollmentServicesRevenue`	$130.47M	USD	Annual
Enrollment services revenue	`EnrollmentServicesRevenue`	$119.40M	USD	Annual
Enrollment services revenue	`EnrollmentServicesRevenue`	$139.90M	USD	Annual
Other income	`OtherIncome`	$31.31M	USD	Annual
Other income	`OtherIncome`	$29.51M	USD	Annual
Other income	`OtherIncome`	$26.47M	USD	Annual
Gain on sale of loans and debt repurchases, net	`GainOnSaleOfLoansAndDebtRepurchasesNet`	$76.83M	USD	Annual
Gain on sale of loans and debt repurchases, net	`GainOnSaleOfLoansAndDebtRepurchasesNet`	$78.63M	USD	Annual
Gain on sale of loans and debt repurchases, net	`GainOnSaleOfLoansAndDebtRepurchasesNet`	$8.34M	USD	Annual
Derivative market value and foreign currency adjustments and derivative settlements, net	`DerivativeMarketValueAndForeignCurrencyAdjustmentsAndDerivativeSettlementsNet`	$-10.68M	USD	Annual
Derivative market value and foreign currency adjustments and derivative settlements, net	`DerivativeMarketValueAndForeignCurrencyAdjustmentsAndDerivativeSettlementsNet`	$8.48M	USD	Annual
Derivative market value and foreign currency adjustments and derivative settlements, net	`DerivativeMarketValueAndForeignCurrencyAdjustmentsAndDerivativeSettlementsNet`	$-25.65M	USD	Annual
Total other income	`NoninterestIncome`	$414.99M	USD	Annual
Total other income	`NoninterestIncome`	$457.57M	USD	Annual
Total other income	`NoninterestIncome`	$386.13M	USD	Annual
Salaries and benefits	`LaborAndRelatedExpense`	$177.95M	USD	Annual
Salaries and benefits	`LaborAndRelatedExpense`	$166.01M	USD	Annual
Salaries and benefits	`LaborAndRelatedExpense`	$151.28M	USD	Annual
Cost to provide enrollment services	`CostToProvideEnrollmentServices`	$86.55M	USD	Annual
Cost to provide enrollment services	`CostToProvideEnrollmentServices`	$74.93M	USD	Annual
Cost to provide enrollment services	`CostToProvideEnrollmentServices`	$91.65M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$38.50M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$38.44M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$29.74M	USD	Annual
Impairment expense	`AssetImpairmentCharges`	$32.73M	USD	Annual
Impairment expense	`AssetImpairmentCharges`	-	USD	Annual
Impairment expense	`AssetImpairmentCharges`	$26.60M	USD	Annual
Restructure expense	`RestructuringCharges`	$7.98M	USD	Annual
Restructure expense	`RestructuringCharges`	-	USD	Annual
Restructure expense	`RestructuringCharges`	$6.02M	USD	Annual
Litigation settlement	`LitigationSettlementExpense`	$55.00M	USD	Annual
Litigation settlement	`LitigationSettlementExpense`	-	USD	Annual
Litigation settlement	`LitigationSettlementExpense`	-	USD	Annual
Other	`OtherExpenses`	$100.22M	USD	Annual
Other	`OtherExpenses`	$113.42M	USD	Annual
Other	`OtherExpenses`	$119.77M	USD	Annual
Total operating expenses	`OperatingExpenses`	$405.63M	USD	Annual
Total operating expenses	`OperatingExpenses`	$503.49M	USD	Annual
Total operating expenses	`OperatingExpenses`	$407.66M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$321.79M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$302.45M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$215.70M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$113.42M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$117.45M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$76.57M	USD	Annual
Net income	`NetIncomeLoss`	$189.03M	USD	Annual
Net income	`NetIncomeLoss`	$204.34M	USD	Annual
Net income	`NetIncomeLoss`	$139.12M	USD	Annual
Net earnings - basic (in Dollars per share)	`EarningsPerShareBasic`	$3.82	USD	Annual
Net earnings - basic (in Dollars per share)	`EarningsPerShareBasic`	$2.79	USD	Annual
Net earnings - basic (in Dollars per share)	`EarningsPerShareBasic`	$4.24	USD	Annual
Net earnings - diluted (in Dollars per share)	`EarningsPerShareDiluted`	$4.23	USD	Annual
Net earnings - diluted (in Dollars per share)	`EarningsPerShareDiluted`	$3.81	USD	Annual
Net earnings - diluted (in Dollars per share)	`EarningsPerShareDiluted`	$2.78	USD	Annual
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	49.13M	shares	Annual
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	47.86M	shares	Annual
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	49.48M	shares	Annual
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.69M	shares	Annual
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.33M	shares	Annual
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.05M	shares	Annual

Cash Flow Statement 140 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$189.03M	USD	Annual
Net income	`NetIncomeLoss`	$204.34M	USD	Annual
Net income	`NetIncomeLoss`	$139.12M	USD	Annual
Depreciation and amortization, including loan and debt premiums/discounts and deferred origination costs	`DepreciationAndAmortizationIncludingLoanPremiumsDiscountAndDeferredOriginationCosts`	$91.24M	USD	Annual
Depreciation and amortization, including loan and debt premiums/discounts and deferred origination costs	`DepreciationAndAmortizationIncludingLoanPremiumsDiscountAndDeferredOriginationCosts`	$116.04M	USD	Annual
Depreciation and amortization, including loan and debt premiums/discounts and deferred origination costs	`DepreciationAndAmortizationIncludingLoanPremiumsDiscountAndDeferredOriginationCosts`	$72.56M	USD	Annual
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$22.70M	USD	Annual
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$29.00M	USD	Annual
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$21.25M	USD	Annual
Impairment expense	`AssetImpairmentCharges`	$32.73M	USD	Annual
Impairment expense	`AssetImpairmentCharges`	-	USD	Annual
Impairment expense	`AssetImpairmentCharges`	$26.60M	USD	Annual
Derivative market value adjustment	`DerivativeMarketValueAdjustment`	$77.13M	USD	Annual
Derivative market value adjustment	`DerivativeMarketValueAdjustment`	$-6.85M	USD	Annual
Derivative market value adjustment	`DerivativeMarketValueAdjustment`	$50.51M	USD	Annual
Foreign currency transaction adjustment	`ForeignCurrencyTransactionGainLossUnrealized`	$80.72M	USD	Annual
Foreign currency transaction adjustment	`ForeignCurrencyTransactionGainLossUnrealized`	$32.71M	USD	Annual
Foreign currency transaction adjustment	`ForeignCurrencyTransactionGainLossUnrealized`	$-37.65M	USD	Annual
Proceeds to terminate and/or amend derivative instruments	`ProceedsToTerminateAndorAmendDerivativeInstruments`	$-13.61M	USD	Annual
Proceeds to terminate and/or amend derivative instruments	`ProceedsToTerminateAndorAmendDerivativeInstruments`	$-15.37M	USD	Annual
Proceeds to terminate and/or amend derivative instruments	`ProceedsToTerminateAndorAmendDerivativeInstruments`	$-3.87M	USD	Annual
Payments to terminate and/or amend derivative instruments	`PaymentsToTerminateAndorAmendDerivativeInstruments`	$-15.07M	USD	Annual
Payments to terminate and/or amend derivative instruments	`PaymentsToTerminateAndorAmendDerivativeInstruments`	$-10.24M	USD	Annual
Payments to terminate and/or amend derivative instruments	`PaymentsToTerminateAndorAmendDerivativeInstruments`	$-3.35M	USD	Annual
Gain on sale of loans	`GainLossOnSaleOfLoansAndLeases`	$33.75M	USD	Annual
Gain on sale of loans	`GainLossOnSaleOfLoansAndLeases`	$35.15M	USD	Annual
Gain on sale of loans	`GainLossOnSaleOfLoansAndLeases`	$1.38M	USD	Annual
Gain from debt repurchases	`GainFromDebtRepurchases`	$44.88M	USD	Annual
Gain from debt repurchases	`GainFromDebtRepurchases`	$41.68M	USD	Annual
Gain from debt repurchases	`GainFromDebtRepurchases`	$6.96M	USD	Annual
Originations and purchases of student loans-held for sale	`PaymentsForOriginationAndPurchasesOfLoansHeldForSale`	$13.35M	USD	Annual
Originations and purchases of student loans-held for sale	`PaymentsForOriginationAndPurchasesOfLoansHeldForSale`	-	USD	Annual
Originations and purchases of student loans-held for sale	`PaymentsForOriginationAndPurchasesOfLoansHeldForSale`	$42.07M	USD	Annual
Change in investments - trading securities, net	`IncreaseDecreaseInTradingSecurities`	$-3.88M	USD	Annual
Change in investments - trading securities, net	`IncreaseDecreaseInTradingSecurities`	$43.24M	USD	Annual
Change in investments - trading securities, net	`IncreaseDecreaseInTradingSecurities`	$7.54M	USD	Annual
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$-19.06M	USD	Annual
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$-7.73M	USD	Annual
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$4.27M	USD	Annual
Non-cash compensation expense	`ShareBasedCompensation`	$2.64M	USD	Annual
Non-cash compensation expense	`ShareBasedCompensation`	$2.28M	USD	Annual
Non-cash compensation expense	`ShareBasedCompensation`	$2.03M	USD	Annual
Other non-cash items	`OtherNoncashIncomeExpense`	$-553.00K	USD	Annual
Other non-cash items	`OtherNoncashIncomeExpense`	$-1.98M	USD	Annual
Other non-cash items	`OtherNoncashIncomeExpense`	$-409.00K	USD	Annual
Decrease (increase) in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-142.56M	USD	Annual
Decrease (increase) in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-29.22M	USD	Annual
Decrease (increase) in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-11.16M	USD	Annual
Decrease (increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$10.57M	USD	Annual
Decrease (increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-45.00K	USD	Annual
Decrease (increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$11.04M	USD	Annual
Decrease (increase) in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-2.46M	USD	Annual
Decrease (increase) in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.42M	USD	Annual
Decrease (increase) in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-5.41M	USD	Annual
(Decrease) increase in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$-538.00K	USD	Annual
(Decrease) increase in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$-61.74M	USD	Annual
(Decrease) increase in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$-678.00K	USD	Annual
(Decrease) increase in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$11.47M	USD	Annual
(Decrease) increase in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-6.49M	USD	Annual
(Decrease) increase in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$2.68M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$194.87M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$310.86M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$324.71M	USD	Annual
Originations and purchases of student loans, including loan premiums and deferred origination costs, net of discounts	`PaymentsToAcquireLoansHeldForInvestment`	$976.84M	USD	Annual
Originations and purchases of student loans, including loan premiums and deferred origination costs, net of discounts	`PaymentsToAcquireLoansHeldForInvestment`	$3.14B	USD	Annual
Originations and purchases of student loans, including loan premiums and deferred origination costs, net of discounts	`PaymentsToAcquireLoansHeldForInvestment`	$2.78B	USD	Annual
Purchases of student loans from a related party	`PurchasesOfStudentLoansFromRelatedParty`	$112.00K	USD	Annual
Purchases of student loans from a related party	`PurchasesOfStudentLoansFromRelatedParty`	$989.17M	USD	Annual
Purchases of student loans from a related party	`PurchasesOfStudentLoansFromRelatedParty`	$47.62M	USD	Annual
Net proceeds from student loan repayments, claims, capitalized interest, participations, and other	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$2.24B	USD	Annual
Net proceeds from student loan repayments, claims, capitalized interest, participations, and other	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$1.87B	USD	Annual
Net proceeds from student loan repayments, claims, capitalized interest, participations, and other	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$1.82B	USD	Annual
Proceeds from sale of student loans	`ProceedsFromSaleOfLoansHeldForInvestment`	$2.20B	USD	Annual
Proceeds from sale of student loans	`ProceedsFromSaleOfLoansHeldForInvestment`	$121.34M	USD	Annual
Proceeds from sale of student loans	`ProceedsFromSaleOfLoansHeldForInvestment`	$2.32B	USD	Annual
Proceeds from sale of student loans to a related party	`ProceedsFromSaleOfStudentLoansToRelatedParty`	-	USD	Annual
Proceeds from sale of student loans to a related party	`ProceedsFromSaleOfStudentLoansToRelatedParty`	$76.45M	USD	Annual
Proceeds from sale of student loans to a related party	`ProceedsFromSaleOfStudentLoansToRelatedParty`	-	USD	Annual
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.77M	USD	Annual
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.17M	USD	Annual
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.20M	USD	Annual
Decrease (increase) in restricted cash and investments, net	`IncreaseDecreaseInRestrictedCashAndInvestments`	$-87.91M	USD	Annual
Decrease (increase) in restricted cash and investments, net	`IncreaseDecreaseInRestrictedCashAndInvestments`	$43.27M	USD	Annual
Decrease (increase) in restricted cash and investments, net	`IncreaseDecreaseInRestrictedCashAndInvestments`	$-371.78M	USD	Annual
Business and asset acquisitions, net of cash acquired, including contingency payments	`BusinessAndAssetAcquisitionsNetOfCashAcquiredIncludingContingencyPayments`	$-14.03M	USD	Annual
Business and asset acquisitions, net of cash acquired, including contingency payments	`BusinessAndAssetAcquisitionsNetOfCashAcquiredIncludingContingencyPayments`	-	USD	Annual
Business and asset acquisitions, net of cash acquired, including contingency payments	`BusinessAndAssetAcquisitionsNetOfCashAcquiredIncludingContingencyPayments`	$-3.00M	USD	Annual
Distribution from equity method investment	`EquityMethodInvestmentDividendsOrDistributions`	-	USD	Annual
Distribution from equity method investment	`EquityMethodInvestmentDividendsOrDistributions`	-	USD	Annual
Distribution from equity method investment	`EquityMethodInvestmentDividendsOrDistributions`	$100.00K	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.44B	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-161.30M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.81B	USD	Annual
Payments on bonds and notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$2.94B	USD	Annual
Payments on bonds and notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$5.56B	USD	Annual
Payments on bonds and notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$6.64B	USD	Annual
Proceeds from issuance of bonds and notes payable	`ProceedsFromIssuanceOfDebt`	$5.45B	USD	Annual
Proceeds from issuance of bonds and notes payable	`ProceedsFromIssuanceOfDebt`	$1.10B	USD	Annual
Proceeds from issuance of bonds and notes payable	`ProceedsFromIssuanceOfDebt`	$4.69B	USD	Annual
Payments on bonds payable due to a related party	`RepaymentsOfRelatedPartyDebt`	$111.67M	USD	Annual
Payments on bonds payable due to a related party	`RepaymentsOfRelatedPartyDebt`	$107.05M	USD	Annual
Payments on bonds payable due to a related party	`RepaymentsOfRelatedPartyDebt`	$21.52M	USD	Annual
Proceeds from issuance of bonds payable due to a related party	`ProceedsFromRelatedPartyDebt`	$218.72M	USD	Annual
Proceeds from issuance of bonds payable due to a related party	`ProceedsFromRelatedPartyDebt`	-	USD	Annual
Proceeds from issuance of bonds payable due to a related party	`ProceedsFromRelatedPartyDebt`	-	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.28M	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$9.24M	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$9.32M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$17.76M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$34.13M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$3.49M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$39.80M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$27.13M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$430.00K	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$449.00K	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$512.00K	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$528.00K	USD	Annual
Payments received on employee stock notes receivable	`PaymentsReceivedOnEmployeeStockNotesReceivable`	$30.00K	USD	Annual
Payments received on employee stock notes receivable	`PaymentsReceivedOnEmployeeStockNotesReceivable`	$101.00K	USD	Annual
Payments received on employee stock notes receivable	`PaymentsReceivedOnEmployeeStockNotesReceivable`	$279.00K	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.99B	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.99B	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-87.95M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$148.33M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-54.38M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-241.23M	USD	Annual
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$283.80M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$189.85M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$42.57M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$338.18M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$283.80M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$189.85M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$42.57M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$338.18M	USD	Point-in-time
Interest paid	`InterestPaid`	$206.12M	USD	Annual
Interest paid	`InterestPaid`	$224.84M	USD	Annual
Interest paid	`InterestPaid`	$434.83M	USD	Annual
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$133.18M	USD	Annual
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$105.95M	USD	Annual
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$101.49M	USD	Annual

Stockholders Equity 27 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$643.23M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$784.56M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$906.63M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.07B	USD	Point-in-time
Net income	`NetIncomeLoss`	$189.03M	USD	Annual
Net income	`NetIncomeLoss`	$204.34M	USD	Annual
Net income	`NetIncomeLoss`	$139.12M	USD	Annual
Cash dividend on Class A and Class B common stock	`DividendsCommonStockCash`	$-3.49M	USD	Annual
Cash dividend on Class A and Class B common stock	`DividendsCommonStockCash`	$-17.76M	USD	Annual
Cash dividend on Class A and Class B common stock	`DividendsCommonStockCash`	$-34.13M	USD	Annual
Contingency payment related to business combination	`ContingencyPaymentRelatedToBusinessCombination`	$-5.89M	USD	Annual
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$4.70M	USD	Annual
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$4.37M	USD	Annual
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$5.22M	USD	Annual
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.30M	USD	Annual
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.47M	USD	Annual
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.66M	USD	Annual
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$-39.80M	USD	Annual
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$-430.00K	USD	Annual
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$-27.13M	USD	Annual
Reduction of employee stock notes receivable	`ReductionOfEmployeeStockNotesReceivable`	$30.00K	USD	Annual
Reduction of employee stock notes receivable	`ReductionOfEmployeeStockNotesReceivable`	$101.00K	USD	Annual
Reduction of employee stock notes receivable	`ReductionOfEmployeeStockNotesReceivable`	$279.00K	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$643.23M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$784.56M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$906.63M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.07B	USD	Point-in-time

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