10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001258602-12-000032 |
| Period End Date | 20120331 |
| Filing Date | 20120510 |
| Fiscal Year | 2012 |
| Fiscal Period | Q1 |
| XBRL Instance | nni-20120331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
76 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
|
$48.44M | USD | Point-in-time |
| Student loans receivable (net of allowance for loan losses of $48,435 and $48,482, respectively) |
StudentLoansReceivableNet
|
$23.84B | USD | Point-in-time |
| Allowance for doubtful accounts (in Dollars) |
AllowanceForDoubtfulAccountsReceivable
|
$1.36M | 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 $48,435 and $48,482, respectively) |
StudentLoansReceivableNet
|
$24.30B | 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 |
| Cash and cash equivalents - not held at a related party |
CashAndCashEquivalentsNotHeldAtRelatedParty
|
$6.69M | USD | Point-in-time |
| Preferred stock, authorized shares |
PreferredStockSharesAuthorized
|
50.00M | shares | Point-in-time |
| Cash and cash equivalents - not held at a related party |
CashAndCashEquivalentsNotHeldAtRelatedParty
|
$7.30M | USD | Point-in-time |
| Preferred stock, issued shares |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Cash and cash equivalents - held at a related party |
CashAndCashEquivalentsRelatedParty
|
$54.01M | USD | Point-in-time |
| Preferred stock, issued shares |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Cash and cash equivalents - held at a related party |
CashAndCashEquivalentsRelatedParty
|
$35.27M | USD | Point-in-time |
| Total cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$283.80M | USD | Point-in-time |
| Preferred stock, outstanding shares |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Total cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$42.57M | USD | Point-in-time |
| Total cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$48.14M | USD | Point-in-time |
| Preferred stock, outstanding shares |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Total cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$60.70M | USD | Point-in-time |
| Investments |
Investments
|
$70.55M | USD | Point-in-time |
| Investments |
Investments
|
$50.78M | USD | Point-in-time |
| Restricted cash and investments |
RestrictedCashAndInvestments
|
$614.32M | USD | Point-in-time |
| Restricted cash and investments |
RestrictedCashAndInvestments
|
$705.95M | USD | Point-in-time |
| Restricted cash - due to customers |
RestrictedCashDueToCustomers
|
$38.64M | USD | Point-in-time |
| Restricted cash - due to customers |
RestrictedCashDueToCustomers
|
$109.81M | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$296.38M | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$308.40M | USD | Point-in-time |
| Accounts receivable (net of allowance for doubtful accounts of $1,359 and $1,284, respectively) |
AccountsReceivableNet
|
$64.22M | USD | Point-in-time |
| Accounts receivable (net of allowance for doubtful accounts of $1,359 and $1,284, respectively) |
AccountsReceivableNet
|
$63.65M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$117.12M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$117.12M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$28.37M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$23.68M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$34.82M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$34.12M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$90.59M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$92.28M | USD | Point-in-time |
| Fair value of derivative instruments |
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
|
$92.22M | USD | Point-in-time |
| Fair value of derivative instruments |
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
|
$107.53M | USD | Point-in-time |
| Total assets |
Assets
|
$25.45B | USD | Point-in-time |
| Total assets |
Assets
|
$25.85B | USD | Point-in-time |
| Bonds and notes payable |
DebtAndCapitalLeaseObligations
|
$24.06B | USD | Point-in-time |
| Bonds and notes payable |
DebtAndCapitalLeaseObligations
|
$24.43B | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$19.28M | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$19.63M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$177.59M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$178.19M | USD | Point-in-time |
| Due to customers |
PayablesToCustomers
|
$109.81M | USD | Point-in-time |
| Due to customers |
PayablesToCustomers
|
$38.64M | USD | Point-in-time |
| Fair value of derivative instruments |
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
|
$42.32M | USD | Point-in-time |
| Fair value of derivative instruments |
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
|
$43.84M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$24.79B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$24.34B | 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
|
$50.95M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$49.24M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.02B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.06B | USD | Point-in-time |
| Accumulated other comprehensive income, net |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
- | USD | Point-in-time |
| Accumulated other comprehensive income, net |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$605.00K | USD | Point-in-time |
| Employee notes receivable |
ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock
|
$-1.14M | USD | Point-in-time |
| Employee notes receivable |
ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock
|
$-368.00K | USD | Point-in-time |
| Total Nelnet, Inc. shareholders' equity |
StockholdersEquity
|
$1.07B | USD | Point-in-time |
| Total Nelnet, Inc. shareholders' equity |
StockholdersEquity
|
$1.11B | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$157.00K | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
- | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.11B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$906.63M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$955.37M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.07B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$25.85B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$25.45B | USD | Point-in-time |
Income Statement
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Loan interest |
LoanInterest
|
$137.36M | USD | 1 Quarter |
| Loan interest |
LoanInterest
|
$153.06M | USD | 1 Quarter |
| Investment interest |
InvestmentIncomeInterest
|
$726.00K | USD | 1 Quarter |
| Investment interest |
InvestmentIncomeInterest
|
$1.09M | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$154.15M | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$138.08M | USD | 1 Quarter |
| Interest on bonds and notes payable |
InterestExpense
|
$69.30M | USD | 1 Quarter |
| Interest on bonds and notes payable |
InterestExpense
|
$52.31M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$85.78M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$84.86M | USD | 1 Quarter |
| Less provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
$6.00M | USD | 1 Quarter |
| Less provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
$3.75M | USD | 1 Quarter |
| Net interest income after provision for loan losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$82.03M | USD | 1 Quarter |
| Net interest income after provision for loan losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$78.86M | USD | 1 Quarter |
| Loan and guaranty servicing revenue |
LoanAndGuarantyServicingRevenue
|
$49.49M | USD | 1 Quarter |
| Loan and guaranty servicing revenue |
LoanAndGuarantyServicingRevenue
|
$40.41M | USD | 1 Quarter |
| Tuition payment processing and campus commerce revenue |
TuitionPaymentProcessingAndCampusCommerceRevenue
|
$19.37M | USD | 1 Quarter |
| Tuition payment processing and campus commerce revenue |
TuitionPaymentProcessingAndCampusCommerceRevenue
|
$21.91M | USD | 1 Quarter |
| Enrollment services revenue |
EnrollmentServicesRevenue
|
$33.87M | USD | 1 Quarter |
| Enrollment services revenue |
EnrollmentServicesRevenue
|
$31.66M | USD | 1 Quarter |
| Other income |
OtherIncome
|
$10.95M | USD | 1 Quarter |
| Other income |
OtherIncome
|
$6.49M | USD | 1 Quarter |
| Gain on sale of loans and debt repurchases |
GainOnSaleOfLoansAndDebtRepurchasesNet
|
$8.31M | USD | 1 Quarter |
| Gain on sale of loans and debt repurchases |
GainOnSaleOfLoansAndDebtRepurchasesNet
|
- | USD | 1 Quarter |
| Derivative market value and foreign currency adjustments and derivative settlements, net |
DerivativeMarketValueAndForeignCurrencyAdjustmentsAndDerivativeSettlementsNet
|
$-3.04M | USD | 1 Quarter |
| Derivative market value and foreign currency adjustments and derivative settlements, net |
DerivativeMarketValueAndForeignCurrencyAdjustmentsAndDerivativeSettlementsNet
|
$-15.18M | USD | 1 Quarter |
| Total other income |
NoninterestIncome
|
$98.84M | USD | 1 Quarter |
| Total other income |
NoninterestIncome
|
$105.41M | USD | 1 Quarter |
| Salaries and benefits |
LaborAndRelatedExpense
|
$49.09M | USD | 1 Quarter |
| Salaries and benefits |
LaborAndRelatedExpense
|
$43.91M | USD | 1 Quarter |
| Cost to provide enrollment services |
CostToProvideEnrollmentServices
|
$22.84M | USD | 1 Quarter |
| Cost to provide enrollment services |
CostToProvideEnrollmentServices
|
$21.68M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$6.78M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$8.14M | USD | 1 Quarter |
| Other |
OtherExpenses
|
$32.26M | USD | 1 Quarter |
| Other |
OtherExpenses
|
$26.11M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$111.17M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$99.63M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$66.52M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$87.81M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$23.23M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$32.93M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$43.29M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$54.88M | USD | 1 Quarter |
| Net income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$152.00K | USD | 1 Quarter |
| Net income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
- | USD | 1 Quarter |
| Net income attributable to Nelnet, Inc. |
NetIncomeLoss
|
$43.14M | USD | 1 Quarter |
| Net income attributable to Nelnet, Inc. |
NetIncomeLoss
|
$54.88M | USD | 1 Quarter |
| Net income attributable to Nelnet, Inc. shareholders - basic |
EarningsPerShareBasic
|
$1.13 | USD | 1 Quarter |
| Net income attributable to Nelnet, Inc. shareholders - basic |
EarningsPerShareBasic
|
$0.91 | USD | 1 Quarter |
| Net income attributable to Nelnet, Inc. shareholders - diluted |
EarningsPerShareDiluted
|
$0.91 | USD | 1 Quarter |
| Net income attributable to Nelnet, Inc. shareholders - diluted |
EarningsPerShareDiluted
|
$1.13 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
48.17M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
46.99M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
48.36M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
47.18M | shares | 1 Quarter |
| Dividends paid per common share |
CommonStockDividendsPerShareDeclared
|
$0.07 | USD | 1 Quarter |
| Dividends paid per common share |
CommonStockDividendsPerShareDeclared
|
$0.10 | USD | 1 Quarter |
Cash Flow Statement
96 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income attributable to Nelnet, Inc. |
NetIncomeLoss
|
$43.14M | USD | 1 Quarter |
| Net income attributable to Nelnet, Inc. |
NetIncomeLoss
|
$54.88M | USD | 1 Quarter |
| Net income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$152.00K | USD | 1 Quarter |
| Net income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
- | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$43.29M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$54.88M | USD | 1 Quarter |
| Depreciation and amortization, including loan and debt premiums/discounts and deferred origination costs |
DepreciationAndAmortizationIncludingLoanPremiumsDiscountAndDeferredOriginationCosts
|
$18.96M | USD | 1 Quarter |
| Depreciation and amortization, including loan and debt premiums/discounts and deferred origination costs |
DepreciationAndAmortizationIncludingLoanPremiumsDiscountAndDeferredOriginationCosts
|
$17.52M | USD | 1 Quarter |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
$6.00M | USD | 1 Quarter |
| Provision for loan losses |
ProvisionForLoanAndLeaseLosses
|
$3.75M | USD | 1 Quarter |
| Derivative market value adjustment |
DerivativeMarketValueAdjustment
|
$-16.84M | USD | 1 Quarter |
| Derivative market value adjustment |
DerivativeMarketValueAdjustment
|
$-66.45M | USD | 1 Quarter |
| Foreign currency translation adjustment |
ForeignCurrencyTransactionGainLossUnrealized
|
$-65.33M | USD | 1 Quarter |
| Foreign currency translation adjustment |
ForeignCurrencyTransactionGainLossUnrealized
|
$-32.24M | USD | 1 Quarter |
| Proceeds to terminate and/or amend derivative instruments |
ProceedsToTerminateAndorAmendDerivativeInstruments
|
$-12.37M | USD | 1 Quarter |
| Proceeds to terminate and/or amend derivative instruments |
ProceedsToTerminateAndorAmendDerivativeInstruments
|
- | USD | 1 Quarter |
| Payments to terminate and/or amend derivative instruments |
PaymentsToTerminateAndorAmendDerivativeInstruments
|
$-141.00K | USD | 1 Quarter |
| Payments to terminate and/or amend derivative instruments |
PaymentsToTerminateAndorAmendDerivativeInstruments
|
- | USD | 1 Quarter |
| Gain on sale of loans |
GainLossOnSaleOfLoansAndLeases
|
$1.34M | USD | 1 Quarter |
| Gain on sale of loans |
GainLossOnSaleOfLoansAndLeases
|
- | USD | 1 Quarter |
| Gain from debt repurchases |
GainFromDebtRepurchases
|
$6.96M | USD | 1 Quarter |
| Gain from debt repurchases |
GainFromDebtRepurchases
|
- | USD | 1 Quarter |
| Change in investments - trading securities, net |
IncreaseDecreaseInTradingSecurities
|
$752.00K | USD | 1 Quarter |
| Change in investments - trading securities, net |
IncreaseDecreaseInTradingSecurities
|
$-5.52M | USD | 1 Quarter |
| Deferred income tax (benefit) expense |
DeferredIncomeTaxExpenseBenefit
|
$100.00K | USD | 1 Quarter |
| Deferred income tax (benefit) expense |
DeferredIncomeTaxExpenseBenefit
|
$-7.19M | USD | 1 Quarter |
| Non-cash compensation expense |
ShareBasedCompensation
|
$700.00K | USD | 1 Quarter |
| Non-cash compensation expense |
ShareBasedCompensation
|
$557.00K | USD | 1 Quarter |
| Other non-cash items |
OtherNoncashIncomeExpense
|
$697.00K | USD | 1 Quarter |
| Other non-cash items |
OtherNoncashIncomeExpense
|
$189.00K | USD | 1 Quarter |
| Decrease in accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$-9.67M | USD | 1 Quarter |
| Decrease in accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$-12.02M | USD | 1 Quarter |
| Increase in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$561.00K | USD | 1 Quarter |
| Increase in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$198.00K | USD | 1 Quarter |
| Decrease in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-1.02M | USD | 1 Quarter |
| Decrease in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-1.14M | USD | 1 Quarter |
| Decrease in accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$-3.57M | USD | 1 Quarter |
| Decrease in accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$-353.00K | USD | 1 Quarter |
| Increase (decrease) in other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$14.04M | USD | 1 Quarter |
| Increase (decrease) in other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-11.64M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$81.67M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$100.57M | USD | 1 Quarter |
| Originations and purchases of student loans |
PaymentsToAcquireLoansHeldForInvestment
|
$176.21M | USD | 1 Quarter |
| Originations and purchases of student loans |
PaymentsToAcquireLoansHeldForInvestment
|
$235.60M | USD | 1 Quarter |
| Purchases of student loans from a related party |
PurchasesOfStudentLoansFromRelatedParty
|
$29.00K | USD | 1 Quarter |
| Purchases of student loans from a related party |
PurchasesOfStudentLoansFromRelatedParty
|
$221.00K | USD | 1 Quarter |
| Net proceeds from student loan repayments, claims, capitalized interest, participations, and other |
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
$597.03M | USD | 1 Quarter |
| Net proceeds from student loan repayments, claims, capitalized interest, participations, and other |
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
$630.61M | USD | 1 Quarter |
| Proceeds from sale of student loans |
ProceedsFromSaleOfLoansHeldForInvestment
|
$32.59M | USD | 1 Quarter |
| Proceeds from sale of student loans |
ProceedsFromSaleOfLoansHeldForInvestment
|
$95.13M | USD | 1 Quarter |
| Purchases of available-for-sale securities |
PaymentsToAcquireAvailableForSaleSecurities
|
$27.72M | USD | 1 Quarter |
| Purchases of available-for-sale securities |
PaymentsToAcquireAvailableForSaleSecurities
|
- | USD | 1 Quarter |
| Proceeds from sales of available-for-sale securities |
ProceedsFromSaleOfAvailableForSaleSecurities
|
$6.84M | USD | 1 Quarter |
| Proceeds from sales of available-for-sale securities |
ProceedsFromSaleOfAvailableForSaleSecurities
|
- | USD | 1 Quarter |
| Purchases of property and equipment, net |
PaymentsToAcquirePropertyPlantAndEquipment
|
$2.31M | USD | 1 Quarter |
| Purchases of property and equipment, net |
PaymentsToAcquirePropertyPlantAndEquipment
|
$2.99M | USD | 1 Quarter |
| Increase in restricted cash and investments, net |
IncreaseDecreaseInRestrictedCashAndInvestments
|
$91.63M | USD | 1 Quarter |
| Increase in restricted cash and investments, net |
IncreaseDecreaseInRestrictedCashAndInvestments
|
$127.47M | USD | 1 Quarter |
| Business and asset acquisition contingency payments |
BusinessAndAssetAcquisitionsNetOfCashAcquiredIncludingContingencyPayments
|
$-1.55M | USD | 1 Quarter |
| Business and asset acquisition contingency payments |
BusinessAndAssetAcquisitionsNetOfCashAcquiredIncludingContingencyPayments
|
$-7.19M | USD | 1 Quarter |
| Issuance of minority membership interest |
ProceedsFromMinorityShareholders
|
$5.00K | USD | 1 Quarter |
| Issuance of minority membership interest |
ProceedsFromMinorityShareholders
|
- | USD | 1 Quarter |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$352.45M | USD | 1 Quarter |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$336.83M | USD | 1 Quarter |
| Payments on bonds and notes payable |
RepaymentsOfDebtAndCapitalLeaseObligations
|
$1.09B | USD | 1 Quarter |
| Payments on bonds and notes payable |
RepaymentsOfDebtAndCapitalLeaseObligations
|
$692.41M | USD | 1 Quarter |
| Proceeds from issuance of bonds and notes payable |
ProceedsFromIssuanceOfDebt
|
$279.67M | USD | 1 Quarter |
| Proceeds from issuance of bonds and notes payable |
ProceedsFromIssuanceOfDebt
|
$533.10M | USD | 1 Quarter |
| Payments on bonds payable due to a related party |
RepaymentsOfRelatedPartyDebt
|
- | USD | 1 Quarter |
| Payments on bonds payable due to a related party |
RepaymentsOfRelatedPartyDebt
|
$107.05M | USD | 1 Quarter |
| Payments of debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$1.46M | USD | 1 Quarter |
| Payments of debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$1.59M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$3.39M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$4.71M | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$310.00K | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$1.12M | USD | 1 Quarter |
| Proceeds from issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$124.00K | USD | 1 Quarter |
| Proceeds from issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$116.00K | USD | 1 Quarter |
| Payments received on employee stock notes receivable |
PaymentsReceivedOnEmployeeStockNotesReceivable
|
- | USD | 1 Quarter |
| Payments received on employee stock notes receivable |
PaymentsReceivedOnEmployeeStockNotesReceivable
|
$772.00K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-419.28M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-669.78M | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-235.66M | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$18.13M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$283.80M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$42.57M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$48.14M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$60.70M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$283.80M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$42.57M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$48.14M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$60.70M | USD | Point-in-time |
| Interest paid |
InterestPaid
|
$53.67M | USD | 1 Quarter |
| Interest paid |
InterestPaid
|
$61.34M | USD | 1 Quarter |
| Income taxes paid, net of refunds |
IncomeTaxesPaidNet
|
$32.29M | USD | 1 Quarter |
| Income taxes paid, net of refunds |
IncomeTaxesPaidNet
|
$2.92M | USD | 1 Quarter |
Stockholders Equity
25 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Dividends paid per common share |
CommonStockDividendsPerShareDeclared
|
$0.07 | USD | 1 Quarter |
| Dividends paid per common share |
CommonStockDividendsPerShareDeclared
|
$0.10 | USD | 1 Quarter |
| Issuance of minority membership interest |
MinorityInterestIncreaseFromStockIssuance
|
$5.00K | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$43.29M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$54.88M | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.11B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$906.63M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$955.37M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.07B | USD | Point-in-time |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
|
$605.00K | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
|
- | USD | 1 Quarter |
| Cash dividend on Class A and Class B common stock |
DividendsCommonStockCash
|
$-3.39M | USD | 1 Quarter |
| Cash dividend on Class A and Class B common stock |
DividendsCommonStockCash
|
$-4.71M | USD | 1 Quarter |
| Contingency payment related to business combination |
ContingencyPaymentRelatedToBusinessCombination
|
$-5.89M | USD | 1 Quarter |
| Issuance of common stock, net of forfeitures |
StockIssuedDuringPeriodValueNewIssues
|
$3.09M | USD | 1 Quarter |
| Issuance of common stock, net of forfeitures |
StockIssuedDuringPeriodValueNewIssues
|
$2.43M | USD | 1 Quarter |
| Compensation expense for stock based awards |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$395.00K | USD | 1 Quarter |
| Compensation expense for stock based awards |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$355.00K | USD | 1 Quarter |
| Repurchase of common stock |
StockRepurchasedDuringPeriodValue
|
$-1.12M | USD | 1 Quarter |
| Repurchase of common stock |
StockRepurchasedDuringPeriodValue
|
$-310.00K | USD | 1 Quarter |
| Reduction of employee stock notes receivable |
ReductionOfEmployeeStockNotesReceivable
|
$772.00K | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.11B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$906.63M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$955.37M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.07B | USD | Point-in-time |
Comprehensive Income
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$43.29M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$54.88M | USD | 1 Quarter |
| Unrealized holding gains (losses) arising during period, net |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
- | USD | 1 Quarter |
| Unrealized holding gains (losses) arising during period, net |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$934.00K | USD | 1 Quarter |
| Income tax effect |
OtherComprehensiveIncomeLossTax
|
$-329.00K | USD | 1 Quarter |
| Income tax effect |
OtherComprehensiveIncomeLossTax
|
- | USD | 1 Quarter |
| Total other comprehensive income |
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
|
$605.00K | USD | 1 Quarter |
| Total other comprehensive income |
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
|
- | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$54.88M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$43.90M | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
- | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$152.00K | USD | 1 Quarter |
| Comprehensive income attributable to Nelnet, Inc. |
ComprehensiveIncomeNetOfTax
|
$43.75M | USD | 1 Quarter |
| Comprehensive income attributable to Nelnet, Inc. |
ComprehensiveIncomeNetOfTax
|
$54.88M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.