10-Q Filing

NELNET INC CIK: 1258602 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001258602-12-000040`
Period End Date	20120630
Filing Date	20120809
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	nni-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 112 Cash Flow Statement 102 Stockholders Equity 43 Comprehensive Income 32

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Allowance for loan losses (in Dollars)	`LoansAndLeasesReceivableAllowance`	$49.66M	USD	Point-in-time
Allowance for loan losses (in Dollars)	`LoansAndLeasesReceivableAllowance`	$48.48M	USD	Point-in-time
Student loans receivable (net of allowance for loan losses of $49,657 and $48,482, respectively)	`FinancingReceivable`	$24.30B	USD	Point-in-time
Allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivable`	$1.44M	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 $49,657 and $48,482, respectively)	`FinancingReceivable`	$23.50B	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
Cash and cash equivalents - not held at a related party	`CashAndCashEquivalentsNotHeldAtRelatedParty`	$9.85M	USD	Point-in-time
Cash and cash equivalents - not held at a related party	`CashAndCashEquivalentsNotHeldAtRelatedParty`	$7.30M	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
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`	$46.41M	USD	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
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$42.57M	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$56.26M	USD	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$116.34M	USD	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
Investments	`Investments`	$74.06M	USD	Point-in-time
Investments	`Investments`	$50.78M	USD	Point-in-time
Restricted cash and investments	`RestrictedCashAndInvestments`	$912.96M	USD	Point-in-time
Restricted cash and investments	`RestrictedCashAndInvestments`	$614.32M	USD	Point-in-time
Restricted cash - due to customers	`RestrictedCashDueToCustomers`	$63.75M	USD	Point-in-time
Restricted cash - due to customers	`RestrictedCashDueToCustomers`	$109.81M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$308.40M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$286.13M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $1,438 and $1,284, respectively)	`AccountsReceivableNet`	$63.65M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $1,438 and $1,284, respectively)	`AccountsReceivableNet`	$67.00M	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`	$19.01M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$33.10M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$34.82M	USD	Point-in-time
Other assets	`OtherAssets`	$89.71M	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`	$48.66M	USD	Point-in-time
Total assets	`Assets`	$25.27B	USD	Point-in-time
Total assets	`Assets`	$25.85B	USD	Point-in-time
Bonds and notes payable	`DebtAndCapitalLeaseObligations`	$24.43B	USD	Point-in-time
Bonds and notes payable	`DebtAndCapitalLeaseObligations`	$23.84B	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$18.19M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$19.63M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$143.84M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$178.19M	USD	Point-in-time
Due to customers	`PayablesToCustomers`	$63.75M	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`	$62.21M	USD	Point-in-time
Total liabilities	`Liabilities`	$24.12B	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`	$52.19M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.02B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.09B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-409.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	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`	$1.14B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$293.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	-	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.14B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.11B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$988.78M	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 equity	`LiabilitiesAndStockholdersEquity`	$25.85B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$25.27B	USD	Point-in-time

Income Statement 112 line items

Line Item	Tag	Value	Unit	Period
Loan interest	`LoanInterest`	$138.93M	USD	1 Quarter
Loan interest	`LoanInterest`	$150.99M	USD	1 Quarter
Loan interest	`LoanInterest`	$304.05M	USD	2 Qtrs
Loan interest	`LoanInterest`	$276.29M	USD	2 Qtrs
Investment interest	`InvestmentIncomeInterest`	$856.00K	USD	1 Quarter
Investment interest	`InvestmentIncomeInterest`	$1.05M	USD	1 Quarter
Investment interest	`InvestmentIncomeInterest`	$1.58M	USD	2 Qtrs
Investment interest	`InvestmentIncomeInterest`	$2.15M	USD	2 Qtrs
Total interest income	`InterestAndDividendIncomeOperating`	$277.87M	USD	2 Qtrs
Total interest income	`InterestAndDividendIncomeOperating`	$152.04M	USD	1 Quarter
Total interest income	`InterestAndDividendIncomeOperating`	$306.20M	USD	2 Qtrs
Total interest income	`InterestAndDividendIncomeOperating`	$139.79M	USD	1 Quarter
Interest on bonds and notes payable	`InterestExpense`	$103.36M	USD	2 Qtrs
Interest on bonds and notes payable	`InterestExpense`	$67.48M	USD	1 Quarter
Interest on bonds and notes payable	`InterestExpense`	$51.05M	USD	1 Quarter
Interest on bonds and notes payable	`InterestExpense`	$136.77M	USD	2 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$169.42M	USD	2 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$174.51M	USD	2 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$84.57M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$88.74M	USD	1 Quarter
Less provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$13.00M	USD	2 Qtrs
Less provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$7.00M	USD	1 Quarter
Less provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$5.25M	USD	1 Quarter
Less provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$9.00M	USD	2 Qtrs
Net interest income (loss) after provision for loan losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$156.42M	USD	2 Qtrs
Net interest income (loss) after provision for loan losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$165.51M	USD	2 Qtrs
Net interest income (loss) after provision for loan losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$77.57M	USD	1 Quarter
Net interest income (loss) after provision for loan losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$83.49M	USD	1 Quarter
Loan and guaranty servicing revenue	`LoanAndGuarantyServicingRevenue`	$101.88M	USD	2 Qtrs
Loan and guaranty servicing revenue	`LoanAndGuarantyServicingRevenue`	$52.39M	USD	1 Quarter
Loan and guaranty servicing revenue	`LoanAndGuarantyServicingRevenue`	$41.73M	USD	1 Quarter
Loan and guaranty servicing revenue	`LoanAndGuarantyServicingRevenue`	$82.15M	USD	2 Qtrs
Tuition payment processing and campus commerce revenue	`TuitionPaymentProcessingAndCampusCommerceRevenue`	$16.83M	USD	1 Quarter
Tuition payment processing and campus commerce revenue	`TuitionPaymentProcessingAndCampusCommerceRevenue`	$38.75M	USD	2 Qtrs
Tuition payment processing and campus commerce revenue	`TuitionPaymentProcessingAndCampusCommerceRevenue`	$34.13M	USD	2 Qtrs
Tuition payment processing and campus commerce revenue	`TuitionPaymentProcessingAndCampusCommerceRevenue`	$14.76M	USD	1 Quarter
Enrollment services revenue	`EnrollmentServicesRevenue`	$32.31M	USD	1 Quarter
Enrollment services revenue	`EnrollmentServicesRevenue`	$61.37M	USD	2 Qtrs
Enrollment services revenue	`EnrollmentServicesRevenue`	$66.18M	USD	2 Qtrs
Enrollment services revenue	`EnrollmentServicesRevenue`	$29.71M	USD	1 Quarter
Other income	`OtherIncome`	$6.83M	USD	1 Quarter
Other income	`OtherIncome`	$19.75M	USD	2 Qtrs
Other income	`OtherIncome`	$13.32M	USD	2 Qtrs
Other income	`OtherIncome`	$8.80M	USD	1 Quarter
Gain on sale of loans and debt repurchases	`GainOnSaleOfLoansAndDebtRepurchasesNet`	$935.00K	USD	1 Quarter
Gain on sale of loans and debt repurchases	`GainOnSaleOfLoansAndDebtRepurchasesNet`	$935.00K	USD	2 Qtrs
Gain on sale of loans and debt repurchases	`GainOnSaleOfLoansAndDebtRepurchasesNet`	$8.31M	USD	2 Qtrs
Gain on sale of loans and debt repurchases	`GainOnSaleOfLoansAndDebtRepurchasesNet`	-	USD	1 Quarter
Derivative market value and foreign currency adjustments and derivative settlements, net	`DerivativeMarketValueAndForeignCurrencyAdjustmentsAndDerivativeSettlementsNet`	$-23.37M	USD	2 Qtrs
Derivative market value and foreign currency adjustments and derivative settlements, net	`DerivativeMarketValueAndForeignCurrencyAdjustmentsAndDerivativeSettlementsNet`	$-20.34M	USD	1 Quarter
Derivative market value and foreign currency adjustments and derivative settlements, net	`DerivativeMarketValueAndForeignCurrencyAdjustmentsAndDerivativeSettlementsNet`	$-36.80M	USD	2 Qtrs
Derivative market value and foreign currency adjustments and derivative settlements, net	`DerivativeMarketValueAndForeignCurrencyAdjustmentsAndDerivativeSettlementsNet`	$-21.62M	USD	1 Quarter
Total other income (expense)	`NoninterestIncome`	$185.89M	USD	2 Qtrs
Total other income (expense)	`NoninterestIncome`	$75.30M	USD	1 Quarter
Total other income (expense)	`NoninterestIncome`	$180.72M	USD	2 Qtrs
Total other income (expense)	`NoninterestIncome`	$87.05M	USD	1 Quarter
Salaries and benefits	`LaborAndRelatedExpense`	$48.70M	USD	1 Quarter
Salaries and benefits	`LaborAndRelatedExpense`	$86.79M	USD	2 Qtrs
Salaries and benefits	`LaborAndRelatedExpense`	$42.88M	USD	1 Quarter
Salaries and benefits	`LaborAndRelatedExpense`	$97.80M	USD	2 Qtrs
Cost to provide enrollment services	`CostToProvideEnrollmentServices`	$42.05M	USD	2 Qtrs
Cost to provide enrollment services	`CostToProvideEnrollmentServices`	$44.98M	USD	2 Qtrs
Cost to provide enrollment services	`CostToProvideEnrollmentServices`	$22.14M	USD	1 Quarter
Cost to provide enrollment services	`CostToProvideEnrollmentServices`	$20.37M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$13.54M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$8.23M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$16.36M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$6.77M	USD	1 Quarter
Other	`OtherExpenses`	$28.77M	USD	1 Quarter
Other	`OtherExpenses`	$54.87M	USD	2 Qtrs
Other	`OtherExpenses`	$63.17M	USD	2 Qtrs
Other	`OtherExpenses`	$30.91M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$108.21M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$200.19M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$100.56M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$219.38M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$56.41M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$146.04M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$58.23M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$122.93M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$54.03M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$21.11M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$38.11M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$14.88M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$37.12M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$92.00M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$84.82M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$41.53M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$136.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$288.00K	USD	2 Qtrs
Net income (loss) attributable to Nelnet, Inc.	`NetIncomeLoss`	$84.53M	USD	2 Qtrs
Net income (loss) attributable to Nelnet, Inc.	`NetIncomeLoss`	$37.12M	USD	1 Quarter
Net income (loss) attributable to Nelnet, Inc.	`NetIncomeLoss`	$92.00M	USD	2 Qtrs
Net income (loss) attributable to Nelnet, Inc.	`NetIncomeLoss`	$41.39M	USD	1 Quarter
Net income attributable to Nelnet, Inc. shareholders - basic	`EarningsPerShareBasic`	$1.90	USD	2 Qtrs
Net income attributable to Nelnet, Inc. shareholders - basic	`EarningsPerShareBasic`	$1.78	USD	2 Qtrs
Net income attributable to Nelnet, Inc. shareholders - basic	`EarningsPerShareBasic`	$0.87	USD	1 Quarter
Net income attributable to Nelnet, Inc. shareholders - basic	`EarningsPerShareBasic`	$0.76	USD	1 Quarter
Net income attributable to Nelnet, Inc. shareholders - diluted	`EarningsPerShareDiluted`	$0.76	USD	1 Quarter
Net income attributable to Nelnet, Inc. shareholders - diluted	`EarningsPerShareDiluted`	$1.89	USD	2 Qtrs
Net income attributable to Nelnet, Inc. shareholders - diluted	`EarningsPerShareDiluted`	$0.87	USD	1 Quarter
Net income attributable to Nelnet, Inc. shareholders - diluted	`EarningsPerShareDiluted`	$1.78	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	47.05M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	48.24M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	48.30M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	47.02M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.29M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.24M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.43M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.49M	shares	1 Quarter

Cash Flow Statement 102 line items

Line Item	Tag	Value	Unit	Period
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$84.53M	USD	2 Qtrs
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$37.12M	USD	1 Quarter
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$92.00M	USD	2 Qtrs
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$41.39M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$136.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$288.00K	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$37.12M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$92.00M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$84.82M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$41.53M	USD	1 Quarter
Depreciation and amortization, including loan and debt premiums/discounts and deferred origination costs	`DepreciationDepletionAndAmortization`	$35.84M	USD	2 Qtrs
Depreciation and amortization, including loan and debt premiums/discounts and deferred origination costs	`DepreciationDepletionAndAmortization`	$35.52M	USD	2 Qtrs
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$13.00M	USD	2 Qtrs
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$7.00M	USD	1 Quarter
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$5.25M	USD	1 Quarter
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$9.00M	USD	2 Qtrs
Derivative market value adjustment	`DerivativeMarketValueAdjustment`	$-68.66M	USD	2 Qtrs
Derivative market value adjustment	`DerivativeMarketValueAdjustment`	$61.92M	USD	2 Qtrs
Foreign currency transaction adjustment	`ForeignCurrencyTransactionGainLossUnrealized`	$26.98M	USD	2 Qtrs
Foreign currency transaction adjustment	`ForeignCurrencyTransactionGainLossUnrealized`	$-84.35M	USD	2 Qtrs
Proceeds to terminate and/or amend derivative instruments, net	`ProceedsToTerminateAndorAmendDerivativeInstruments`	$-11.85M	USD	2 Qtrs
Proceeds to terminate and/or amend derivative instruments, net	`ProceedsToTerminateAndorAmendDerivativeInstruments`	-	USD	2 Qtrs
Gain on sale of loans	`GainLossOnSaleOfLoansAndLeases`	$1.34M	USD	2 Qtrs
Gain on sale of loans	`GainLossOnSaleOfLoansAndLeases`	$33.00K	USD	2 Qtrs
Gain from debt repurchases	`GainFromDebtRepurchases`	$902.00K	USD	2 Qtrs
Gain from debt repurchases	`GainFromDebtRepurchases`	$6.96M	USD	2 Qtrs
Change in investments - trading securities, net	`IncreaseDecreaseInTradingSecurities`	$229.00K	USD	2 Qtrs
Change in investments - trading securities, net	`IncreaseDecreaseInTradingSecurities`	$-11.57M	USD	2 Qtrs
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$-8.71M	USD	2 Qtrs
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$-20.48M	USD	2 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$1.41M	USD	2 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$1.09M	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-108.00K	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$1.30M	USD	2 Qtrs
Decrease in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-15.67M	USD	2 Qtrs
Decrease in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-22.27M	USD	2 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.35M	USD	2 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.50M	USD	2 Qtrs
Decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-2.26M	USD	2 Qtrs
Decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-3.26M	USD	2 Qtrs
Decrease in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$-1.45M	USD	2 Qtrs
Decrease in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$-2.06M	USD	2 Qtrs
Decrease in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-10.29M	USD	2 Qtrs
Decrease in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-5.22M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$168.22M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$161.27M	USD	2 Qtrs
Purchases of student loans	`PaymentsToAcquireLoansHeldForInvestment`	$662.32M	USD	2 Qtrs
Purchases of student loans	`PaymentsToAcquireLoansHeldForInvestment`	$729.49M	USD	2 Qtrs
Purchases of student loans from a related party	`PurchasesOfStudentLoansFromRelatedParty`	$290.00K	USD	2 Qtrs
Purchases of student loans from a related party	`PurchasesOfStudentLoansFromRelatedParty`	$29.00K	USD	2 Qtrs
Net proceeds from student loan repayments, claims, capitalized interest, participations, and other	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$1.45B	USD	2 Qtrs
Net proceeds from student loan repayments, claims, capitalized interest, participations, and other	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$1.35B	USD	2 Qtrs
Proceeds from sale of student loans	`ProceedsFromSaleOfLoansHeldForInvestment`	$95.13M	USD	2 Qtrs
Proceeds from sale of student loans	`ProceedsFromSaleOfLoansHeldForInvestment`	$59.97M	USD	2 Qtrs
Purchases of available-for-sale securities	`PaymentsToAcquireAvailableForSaleSecurities`	-	USD	2 Qtrs
Purchases of available-for-sale securities	`PaymentsToAcquireAvailableForSaleSecurities`	$53.66M	USD	2 Qtrs
Proceeds from sales of available-for-sale securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	-	USD	2 Qtrs
Proceeds from sales of available-for-sale securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$28.22M	USD	2 Qtrs
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.28M	USD	2 Qtrs
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.41M	USD	2 Qtrs
(Increase) decrease in restricted cash and investments, net	`IncreaseDecreaseInRestrictedCashAndInvestments`	$-58.03M	USD	2 Qtrs
(Increase) decrease in restricted cash and investments, net	`IncreaseDecreaseInRestrictedCashAndInvestments`	$298.63M	USD	2 Qtrs
Business and asset acquisition contingency payments	`BusinessAndAssetAcquisitionsNetOfCashAcquiredIncludingContingencyPayments`	-	USD	2 Qtrs
Business and asset acquisition contingency payments	`BusinessAndAssetAcquisitionsNetOfCashAcquiredIncludingContingencyPayments`	$-14.08M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$818.79M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$451.32M	USD	2 Qtrs
Payments on bonds and notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.52B	USD	2 Qtrs
Payments on bonds and notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.78B	USD	2 Qtrs
Proceeds from issuance of bonds and notes payable	`ProceedsFromIssuanceOfDebt`	$936.56M	USD	2 Qtrs
Proceeds from issuance of bonds and notes payable	`ProceedsFromIssuanceOfDebt`	$745.55M	USD	2 Qtrs
Payments on bonds payable due to a related party	`RepaymentsOfRelatedPartyDebt`	$107.05M	USD	2 Qtrs
Payments on bonds payable due to a related party	`RepaymentsOfRelatedPartyDebt`	-	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.51M	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$5.59M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$8.24M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$9.45M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$535.00K	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.31M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$265.00K	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$249.00K	USD	2 Qtrs
Payments received on employee stock notes receivable	`PaymentsReceivedOnEmployeeStockNotesReceivable`	$772.00K	USD	2 Qtrs
Payments received on employee stock notes receivable	`PaymentsReceivedOnEmployeeStockNotesReceivable`	-	USD	2 Qtrs
Issuance of minority membership interest	`ProceedsFromMinorityShareholders`	-	USD	2 Qtrs
Issuance of minority membership interest	`ProceedsFromMinorityShareholders`	$5.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.15B	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-598.90M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-167.46M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$13.69M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$42.57M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$56.26M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$116.34M	USD	Point-in-time
Cash and cash equivalents, beginning 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`	$56.26M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$116.34M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$283.80M	USD	Point-in-time
Interest paid	`InterestPaid`	$101.01M	USD	2 Qtrs
Interest paid	`InterestPaid`	$120.82M	USD	2 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$57.11M	USD	2 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$63.33M	USD	2 Qtrs

Stockholders Equity 43 line items

Line Item	Tag	Value	Unit	Period
Dividends paid per common share	`CommonStockDividendsPerShareCashPaid`	$0.10	USD	1 Quarter
Dividends paid per common share	`CommonStockDividendsPerShareCashPaid`	$0.10	USD	1 Quarter
Dividends paid per common share	`CommonStockDividendsPerShareCashPaid`	$0.20	USD	2 Qtrs
Dividends paid per common share	`CommonStockDividendsPerShareCashPaid`	$0.17	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.14B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.11B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$988.78M	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
Issuance of minority membership interest	`MinorityInterestIncreaseFromStockIssuance`	$5.00K	USD	2 Qtrs
Net income	`ProfitLoss`	$37.12M	USD	1 Quarter
Net income	`ProfitLoss`	$92.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$84.82M	USD	2 Qtrs
Net income	`ProfitLoss`	$41.53M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$-1.01M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	-	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$-409.00K	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	-	USD	2 Qtrs
Cash dividend on Class A and Class B common stock	`DividendsCommonStockCash`	$4.74M	USD	1 Quarter
Cash dividend on Class A and Class B common stock	`DividendsCommonStockCash`	$4.85M	USD	1 Quarter
Cash dividend on Class A and Class B common stock	`DividendsCommonStockCash`	$8.24M	USD	2 Qtrs
Cash dividend on Class A and Class B common stock	`DividendsCommonStockCash`	$9.45M	USD	2 Qtrs
Contingency payment related to business combination	`ContingencyPaymentRelatedToBusinessCombination`	$5.89M	USD	2 Qtrs
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$3.28M	USD	2 Qtrs
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$1.03M	USD	1 Quarter
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$852.00K	USD	1 Quarter
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$4.12M	USD	2 Qtrs
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$342.00K	USD	1 Quarter
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$988.00K	USD	2 Qtrs
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$593.00K	USD	1 Quarter
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$697.00K	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$535.00K	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$226.00K	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$199.00K	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$1.31M	USD	2 Qtrs
Reduction of employee stock notes receivable	`ReductionOfEmployeeStockNotesReceivable`	$772.00K	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.14B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.11B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$988.78M	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 32 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$37.12M	USD	1 Quarter
Net income	`ProfitLoss`	$92.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$84.82M	USD	2 Qtrs
Net income	`ProfitLoss`	$41.53M	USD	1 Quarter
Unrealized holding gains (losses) arising during period, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	-	USD	1 Quarter
Unrealized holding gains (losses) arising during period, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-586.00K	USD	1 Quarter
Unrealized holding gains (losses) arising during period, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$1.60M	USD	2 Qtrs
Unrealized holding gains (losses) arising during period, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	-	USD	2 Qtrs
Less: reclassification adjustment for (gains) losses recognized in net income, net	`OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax`	$-966.00K	USD	1 Quarter
Less: reclassification adjustment for (gains) losses recognized in net income, net	`OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax`	-	USD	1 Quarter
Less: reclassification adjustment for (gains) losses recognized in net income, net	`OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax`	-	USD	2 Qtrs
Less: reclassification adjustment for (gains) losses recognized in net income, net	`OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax`	$-2.25M	USD	2 Qtrs
Income tax effect	`OtherComprehensiveIncomeLossTax`	$538.00K	USD	1 Quarter
Income tax effect	`OtherComprehensiveIncomeLossTax`	-	USD	2 Qtrs
Income tax effect	`OtherComprehensiveIncomeLossTax`	$209.00K	USD	2 Qtrs
Income tax effect	`OtherComprehensiveIncomeLossTax`	-	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$-1.01M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	-	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$-409.00K	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	-	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$84.41M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$40.52M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$92.00M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$37.12M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$136.00K	USD	1 Quarter
Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$288.00K	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Comprehensive income attributable to Nelnet, Inc.	`ComprehensiveIncomeNetOfTax`	$40.38M	USD	1 Quarter
Comprehensive income attributable to Nelnet, Inc.	`ComprehensiveIncomeNetOfTax`	$92.00M	USD	2 Qtrs
Comprehensive income attributable to Nelnet, Inc.	`ComprehensiveIncomeNetOfTax`	$37.12M	USD	1 Quarter
Comprehensive income attributable to Nelnet, Inc.	`ComprehensiveIncomeNetOfTax`	$84.13M	USD	2 Qtrs

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