10-Q Filing

NELNET INC CIK: 1258602 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001258602-12-000054`
Period End Date	20120930
Filing Date	20121109
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	nni-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 112 Cash Flow Statement 110 Stockholders Equity 41 Comprehensive Income 32

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLosses`	$48.48M	USD	Point-in-time
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLosses`	$43.63M	USD	Point-in-time
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLosses`	$48.21M	USD	Point-in-time
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLosses`	$45.77M	USD	Point-in-time
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLosses`	$49.66M	USD	Point-in-time
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLosses`	$42.30M	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 $48,209 and $48,482, respectively)	`FinancingReceivable`	$24.30B	USD	Point-in-time
Allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivable`	$1.80M	USD	Point-in-time
Student loans receivable (net of allowance for loan losses of $48,209 and $48,482, respectively)	`FinancingReceivable`	$22.56B	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`	$7.30M	USD	Point-in-time
Cash and cash equivalents - not held at a related party	`CashAndCashEquivalentsNotHeldAtRelatedParty`	$5.78M	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and cash equivalents - held at a related party	`CashAndCashEquivalentsRelatedParty`	$87.90M	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
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$92.09M	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
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$42.57M	USD	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$93.67M	USD	Point-in-time
Investments	`Investments`	$92.86M	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`	$905.56M	USD	Point-in-time
Restricted cash - due to customers	`RestrictedCashDueToCustomers`	$109.81M	USD	Point-in-time
Restricted cash - due to customers	`RestrictedCashDueToCustomers`	$98.33M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$308.40M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$267.86M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $1,796 and $1,284, respectively)	`AccountsReceivableNet`	$71.40M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $1,796 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`	$14.36M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$34.82M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$32.75M	USD	Point-in-time
Other assets	`OtherAssets`	$87.87M	USD	Point-in-time
Other assets	`OtherAssets`	$92.28M	USD	Point-in-time
Fair value of derivative instruments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue`	$67.72M	USD	Point-in-time
Fair value of derivative instruments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue`	$92.22M	USD	Point-in-time
Total assets	`Assets`	$25.85B	USD	Point-in-time
Total assets	`Assets`	$24.41B	USD	Point-in-time
Bonds and notes payable	`DebtAndCapitalLeaseObligations`	$24.43B	USD	Point-in-time
Bonds and notes payable	`DebtAndCapitalLeaseObligations`	$22.88B	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$16.64M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$19.63M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$178.19M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$153.28M	USD	Point-in-time
Due to customers	`PayablesToCustomers`	$98.33M	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`	$80.27M	USD	Point-in-time
Total liabilities	`Liabilities`	$23.23B	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`	$52.84M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.12B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.02B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.93M	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`	$1.18B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$417.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	-	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$988.78M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.07B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.14B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.18B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$906.63M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.01B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$25.85B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$24.41B	USD	Point-in-time

Income Statement 112 line items

Line Item	Tag	Value	Unit	Period
Loan interest	`LoanInterest`	$433.25M	USD	3 Qtrs
Loan interest	`LoanInterest`	$150.53M	USD	1 Quarter
Loan interest	`LoanInterest`	$156.96M	USD	1 Quarter
Loan interest	`LoanInterest`	$454.57M	USD	3 Qtrs
Investment interest	`InvestmentIncomeInterest`	$3.29M	USD	3 Qtrs
Investment interest	`InvestmentIncomeInterest`	$1.14M	USD	1 Quarter
Investment interest	`InvestmentIncomeInterest`	$2.25M	USD	3 Qtrs
Investment interest	`InvestmentIncomeInterest`	$672.00K	USD	1 Quarter
Total interest income	`InterestAndDividendIncomeOperating`	$157.63M	USD	1 Quarter
Total interest income	`InterestAndDividendIncomeOperating`	$151.67M	USD	1 Quarter
Total interest income	`InterestAndDividendIncomeOperating`	$457.86M	USD	3 Qtrs
Total interest income	`InterestAndDividendIncomeOperating`	$435.50M	USD	3 Qtrs
Interest on bonds and notes payable	`InterestExpense`	$60.87M	USD	1 Quarter
Interest on bonds and notes payable	`InterestExpense`	$66.40M	USD	1 Quarter
Interest on bonds and notes payable	`InterestExpense`	$164.23M	USD	3 Qtrs
Interest on bonds and notes payable	`InterestExpense`	$203.18M	USD	3 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$85.27M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$271.27M	USD	3 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$254.69M	USD	3 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$96.76M	USD	1 Quarter
Less provision for loan losses	`FinancingReceivableAllowanceForCreditLossesProvisions`	$-14.25M	USD	3 Qtrs
Less provision for loan losses	`FinancingReceivableAllowanceForCreditLossesProvisions`	$-5.00M	USD	1 Quarter
Less provision for loan losses	`FinancingReceivableAllowanceForCreditLossesProvisions`	$-18.00M	USD	3 Qtrs
Less provision for loan losses	`FinancingReceivableAllowanceForCreditLossesProvisions`	$-5.25M	USD	1 Quarter
Net interest income (loss) after provision for loan losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$91.51M	USD	1 Quarter
Net interest income (loss) after provision for loan losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$257.02M	USD	3 Qtrs
Net interest income (loss) after provision for loan losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$80.27M	USD	1 Quarter
Net interest income (loss) after provision for loan losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$236.69M	USD	3 Qtrs
Loan and guaranty servicing revenue	`LoanAndGuarantyServicingRevenue`	$155.16M	USD	3 Qtrs
Loan and guaranty servicing revenue	`LoanAndGuarantyServicingRevenue`	$53.28M	USD	1 Quarter
Loan and guaranty servicing revenue	`LoanAndGuarantyServicingRevenue`	$42.55M	USD	1 Quarter
Loan and guaranty servicing revenue	`LoanAndGuarantyServicingRevenue`	$124.70M	USD	3 Qtrs
Tuition payment processing and campus commerce revenue	`TuitionPaymentProcessingAndCampusCommerceRevenue`	$56.67M	USD	3 Qtrs
Tuition payment processing and campus commerce revenue	`TuitionPaymentProcessingAndCampusCommerceRevenue`	$17.93M	USD	1 Quarter
Tuition payment processing and campus commerce revenue	`TuitionPaymentProcessingAndCampusCommerceRevenue`	$16.77M	USD	1 Quarter
Tuition payment processing and campus commerce revenue	`TuitionPaymentProcessingAndCampusCommerceRevenue`	$50.90M	USD	3 Qtrs
Enrollment services revenue	`EnrollmentServicesRevenue`	$30.66M	USD	1 Quarter
Enrollment services revenue	`EnrollmentServicesRevenue`	$92.03M	USD	3 Qtrs
Enrollment services revenue	`EnrollmentServicesRevenue`	$35.51M	USD	1 Quarter
Enrollment services revenue	`EnrollmentServicesRevenue`	$101.69M	USD	3 Qtrs
Other income	`OtherIncome`	$3.93M	USD	1 Quarter
Other income	`OtherIncome`	$17.25M	USD	3 Qtrs
Other income	`OtherIncome`	$12.70M	USD	1 Quarter
Other income	`OtherIncome`	$32.45M	USD	3 Qtrs
Gain on sale of loans and debt repurchases	`GainOnSaleOfLoansAndDebtRepurchasesNet`	-	USD	1 Quarter
Gain on sale of loans and debt repurchases	`GainOnSaleOfLoansAndDebtRepurchasesNet`	$1.13M	USD	3 Qtrs
Gain on sale of loans and debt repurchases	`GainOnSaleOfLoansAndDebtRepurchasesNet`	$195.00K	USD	1 Quarter
Gain on sale of loans and debt repurchases	`GainOnSaleOfLoansAndDebtRepurchasesNet`	$8.31M	USD	3 Qtrs
Derivative market value and foreign currency adjustments and derivative settlements, net	`DerivativeMarketValueAndForeignCurrencyAdjustmentsAndDerivativeSettlementsNet`	$-31.27M	USD	1 Quarter
Derivative market value and foreign currency adjustments and derivative settlements, net	`DerivativeMarketValueAndForeignCurrencyAdjustmentsAndDerivativeSettlementsNet`	$-37.00M	USD	3 Qtrs
Derivative market value and foreign currency adjustments and derivative settlements, net	`DerivativeMarketValueAndForeignCurrencyAdjustmentsAndDerivativeSettlementsNet`	$-68.07M	USD	3 Qtrs
Derivative market value and foreign currency adjustments and derivative settlements, net	`DerivativeMarketValueAndForeignCurrencyAdjustmentsAndDerivativeSettlementsNet`	$-13.63M	USD	1 Quarter
Total other income (expense)	`NoninterestIncome`	$85.13M	USD	1 Quarter
Total other income (expense)	`NoninterestIncome`	$269.38M	USD	3 Qtrs
Total other income (expense)	`NoninterestIncome`	$83.49M	USD	1 Quarter
Total other income (expense)	`NoninterestIncome`	$265.84M	USD	3 Qtrs
Salaries and benefits	`LaborAndRelatedExpense`	$46.40M	USD	1 Quarter
Salaries and benefits	`LaborAndRelatedExpense`	$130.93M	USD	3 Qtrs
Salaries and benefits	`LaborAndRelatedExpense`	$144.19M	USD	3 Qtrs
Salaries and benefits	`LaborAndRelatedExpense`	$44.13M	USD	1 Quarter
Cost to provide enrollment services	`CostToProvideEnrollmentServices`	$20.15M	USD	1 Quarter
Cost to provide enrollment services	`CostToProvideEnrollmentServices`	$23.82M	USD	1 Quarter
Cost to provide enrollment services	`CostToProvideEnrollmentServices`	$62.20M	USD	3 Qtrs
Cost to provide enrollment services	`CostToProvideEnrollmentServices`	$68.80M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$7.92M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$8.40M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$21.46M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$24.76M	USD	3 Qtrs
Other	`OtherExpenses`	$83.78M	USD	3 Qtrs
Other	`OtherExpenses`	$28.90M	USD	1 Quarter
Other	`OtherExpenses`	$93.16M	USD	3 Qtrs
Other	`OtherExpenses`	$29.99M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$304.97M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$324.32M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$104.94M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$104.78M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$217.90M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$58.82M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$181.75M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$71.86M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$78.44M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$59.98M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$24.41M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$21.87M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$121.78M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$139.46M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$47.45M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$36.95M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$124.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$412.00K	USD	3 Qtrs
Net income (loss) attributable to Nelnet, Inc.	`NetIncomeLoss`	$139.46M	USD	3 Qtrs
Net income (loss) attributable to Nelnet, Inc.	`NetIncomeLoss`	$121.36M	USD	3 Qtrs
Net income (loss) attributable to Nelnet, Inc.	`NetIncomeLoss`	$36.83M	USD	1 Quarter
Net income (loss) attributable to Nelnet, Inc.	`NetIncomeLoss`	$47.45M	USD	1 Quarter
Net income attributable to Nelnet, Inc. shareholders - basic	`EarningsPerShareBasic`	$2.56	USD	3 Qtrs
Net income attributable to Nelnet, Inc. shareholders - basic	`EarningsPerShareBasic`	$2.88	USD	3 Qtrs
Net income attributable to Nelnet, Inc. shareholders - basic	`EarningsPerShareBasic`	$0.78	USD	1 Quarter
Net income attributable to Nelnet, Inc. shareholders - basic	`EarningsPerShareBasic`	$0.98	USD	1 Quarter
Net income attributable to Nelnet, Inc. shareholders - diluted	`EarningsPerShareDiluted`	$2.55	USD	3 Qtrs
Net income attributable to Nelnet, Inc. shareholders - diluted	`EarningsPerShareDiluted`	$2.87	USD	3 Qtrs
Net income attributable to Nelnet, Inc. shareholders - diluted	`EarningsPerShareDiluted`	$0.98	USD	1 Quarter
Net income attributable to Nelnet, Inc. shareholders - diluted	`EarningsPerShareDiluted`	$0.77	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	47.04M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	48.18M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	47.09M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	48.06M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.32M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.27M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.25M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.37M	shares	3 Qtrs

Cash Flow Statement 110 line items

Line Item	Tag	Value	Unit	Period
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$139.46M	USD	3 Qtrs
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$121.36M	USD	3 Qtrs
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$36.83M	USD	1 Quarter
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$47.45M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$124.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$412.00K	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$121.78M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$139.46M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$47.45M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$36.95M	USD	1 Quarter
Depreciation and amortization, including loan and debt premiums/discounts and deferred origination costs	`DepreciationDepletionAndAmortization`	$53.68M	USD	3 Qtrs
Depreciation and amortization, including loan and debt premiums/discounts and deferred origination costs	`DepreciationDepletionAndAmortization`	$54.46M	USD	3 Qtrs
Provision for loan losses	`FinancingReceivableAllowanceForCreditLossesProvisions`	$-14.25M	USD	3 Qtrs
Provision for loan losses	`FinancingReceivableAllowanceForCreditLossesProvisions`	$-5.00M	USD	1 Quarter
Provision for loan losses	`FinancingReceivableAllowanceForCreditLossesProvisions`	$-18.00M	USD	3 Qtrs
Provision for loan losses	`FinancingReceivableAllowanceForCreditLossesProvisions`	$-5.25M	USD	1 Quarter
Derivative market value adjustment	`DerivativeMarketValueAdjustment`	$18.68M	USD	3 Qtrs
Derivative market value adjustment	`DerivativeMarketValueAdjustment`	$67.35M	USD	3 Qtrs
Foreign currency transaction adjustment	`ForeignCurrencyTransactionGainLossUnrealized`	$-10.90M	USD	3 Qtrs
Foreign currency transaction adjustment	`ForeignCurrencyTransactionGainLossUnrealized`	$6.19M	USD	3 Qtrs
(Payments) proceeds to terminate and/or amend derivative instruments, net	`ProceedsToTerminateAndorAmendDerivativeInstruments`	$-2.30M	USD	3 Qtrs
(Payments) proceeds to terminate and/or amend derivative instruments, net	`ProceedsToTerminateAndorAmendDerivativeInstruments`	$6.43M	USD	3 Qtrs
Gain on sale of loans	`GainOnSaleOfFinancingReceivables`	$1.34M	USD	3 Qtrs
Gain on sale of loans	`GainOnSaleOfFinancingReceivables`	$80.00K	USD	3 Qtrs
Gain from debt repurchases	`GainFromDebtRepurchases`	$6.96M	USD	3 Qtrs
Gain from debt repurchases	`GainFromDebtRepurchases`	$1.05M	USD	3 Qtrs
Available-for-sale Securities, Gross Realized Gain (Loss)	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$4.85M	USD	3 Qtrs
Available-for-sale Securities, Gross Realized Gain (Loss)	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	-	USD	3 Qtrs
Change in investments - trading securities, net	`IncreaseDecreaseInTradingSecurities`	$2.02M	USD	3 Qtrs
Change in investments - trading securities, net	`IncreaseDecreaseInTradingSecurities`	$6.60M	USD	3 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-15.92M	USD	3 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-29.14M	USD	3 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$1.57M	USD	3 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$2.17M	USD	3 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-621.00K	USD	3 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$124.00K	USD	3 Qtrs
Decrease in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-40.55M	USD	3 Qtrs
Decrease in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-6.55M	USD	3 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.75M	USD	3 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.28M	USD	3 Qtrs
Decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-2.33M	USD	3 Qtrs
Decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.06M	USD	3 Qtrs
Decrease in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$-3.21M	USD	3 Qtrs
Decrease in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$-3.00M	USD	3 Qtrs
Increase in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$3.13M	USD	3 Qtrs
Increase in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$14.64M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$211.95M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$260.60M	USD	3 Qtrs
Purchases of student loans	`PaymentsToAcquireFinanceReceivables`	$875.56M	USD	3 Qtrs
Purchases of student loans	`PaymentsToAcquireFinanceReceivables`	$820.81M	USD	3 Qtrs
Purchases of student loans from a related party	`PurchasesOfStudentLoansFromRelatedParty`	$299.00K	USD	3 Qtrs
Purchases of student loans from a related party	`PurchasesOfStudentLoansFromRelatedParty`	$59.00K	USD	3 Qtrs
Net proceeds from student loan repayments, claims, capitalized interest, participations, and other	`ProceedsFromCollectionOfFinanceReceivables`	$1.78B	USD	3 Qtrs
Net proceeds from student loan repayments, claims, capitalized interest, participations, and other	`ProceedsFromCollectionOfFinanceReceivables`	$2.50B	USD	3 Qtrs
Proceeds from sale of student loans	`ProceedsFromSaleOfFinanceReceivables`	$92.15M	USD	3 Qtrs
Proceeds from sale of student loans	`ProceedsFromSaleOfFinanceReceivables`	$95.18M	USD	3 Qtrs
Purchases of available-for-sale securities	`PaymentsToAcquireAvailableForSaleSecurities`	$155.06M	USD	3 Qtrs
Purchases of available-for-sale securities	`PaymentsToAcquireAvailableForSaleSecurities`	-	USD	3 Qtrs
Proceeds from sales of available-for-sale securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$112.85M	USD	3 Qtrs
Proceeds from sales of available-for-sale securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	-	USD	3 Qtrs
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.37M	USD	3 Qtrs
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.78M	USD	3 Qtrs
(Increase) decrease in restricted cash and investments, net	`IncreaseDecreaseInRestrictedCashAndInvestments`	$-101.01M	USD	3 Qtrs
(Increase) decrease in restricted cash and investments, net	`IncreaseDecreaseInRestrictedCashAndInvestments`	$291.24M	USD	3 Qtrs
Business and asset acquisition contingency payments	`BusinessAndAssetAcquisitionsNetOfCashAcquiredIncludingContingencyPayments`	-	USD	3 Qtrs
Business and asset acquisition contingency payments	`BusinessAndAssetAcquisitionsNetOfCashAcquiredIncludingContingencyPayments`	$-14.03M	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.13B	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.38B	USD	3 Qtrs
Payments on bonds and notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$2.80B	USD	3 Qtrs
Payments on bonds and notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$2.39B	USD	3 Qtrs
Proceeds from issuance of bonds and notes payable	`ProceedsFromIssuanceOfDebt`	$995.64M	USD	3 Qtrs
Proceeds from issuance of bonds and notes payable	`ProceedsFromIssuanceOfDebt`	$1.23B	USD	3 Qtrs
Payments on bonds payable due to a related party	`RepaymentsOfRelatedPartyDebt`	$107.05M	USD	3 Qtrs
Payments on bonds payable due to a related party	`RepaymentsOfRelatedPartyDebt`	-	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$7.63M	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.28M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$13.05M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$14.19M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.52M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$21.13M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$349.00K	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$406.00K	USD	3 Qtrs
Payments received on employee stock notes receivable	`PaymentsReceivedOnEmployeeStockNotesReceivable`	$30.00K	USD	3 Qtrs
Payments received on employee stock notes receivable	`PaymentsReceivedOnEmployeeStockNotesReceivable`	$772.00K	USD	3 Qtrs
Issuance of minority membership interest	`ProceedsFromMinorityShareholders`	-	USD	3 Qtrs
Issuance of minority membership interest	`ProceedsFromMinorityShareholders`	$5.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.53B	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.58B	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-191.71M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$51.10M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$92.09M	USD	Point-in-time
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`	$93.67M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$92.09M	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`	$93.67M	USD	Point-in-time
Interest paid	`InterestPaid`	$153.17M	USD	3 Qtrs
Interest paid	`InterestPaid`	$179.01M	USD	3 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$97.64M	USD	3 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$86.80M	USD	3 Qtrs
Investing activity - Student loans acquired	`NoncashOrPartNoncashAcquisitionInvestmentsAcquired1`	-	USD	3 Qtrs
Investing activity - Student loans acquired	`NoncashOrPartNoncashAcquisitionInvestmentsAcquired1`	$1.72B	USD	3 Qtrs
Operating activity - Other assets acquired and other liabilities assumed, net	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	-	USD	3 Qtrs
Operating activity - Other assets acquired and other liabilities assumed, net	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$50.34M	USD	3 Qtrs
Financing activity - Borrowings assumed in acquisition of student loans and other assets	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	$1.74B	USD	3 Qtrs
Financing activity - Borrowings assumed in acquisition of student loans and other assets	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	-	USD	3 Qtrs

Stockholders Equity 41 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$988.78M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.07B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.14B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.18B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$906.63M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.01B	USD	Point-in-time
Issuance of minority membership interest	`MinorityInterestIncreaseFromStockIssuance`	$5.00K	USD	3 Qtrs
Net income	`ProfitLoss`	$121.78M	USD	3 Qtrs
Net income	`ProfitLoss`	$139.46M	USD	3 Qtrs
Net income	`ProfitLoss`	$47.45M	USD	1 Quarter
Net income	`ProfitLoss`	$36.95M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	-	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$-1.93M	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$-1.52M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	-	USD	1 Quarter
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`	$14.19M	USD	3 Qtrs
Cash dividend on Class A and Class B common stock	`DividendsCommonStockCash`	$4.81M	USD	1 Quarter
Cash dividend on Class A and Class B common stock	`DividendsCommonStockCash`	$13.05M	USD	3 Qtrs
Contingency payment related to business combination	`ContingencyPaymentRelatedToBusinessCombination`	$5.89M	USD	3 Qtrs
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$3.55M	USD	3 Qtrs
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$271.00K	USD	1 Quarter
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$4.43M	USD	3 Qtrs
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$315.00K	USD	1 Quarter
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.57M	USD	3 Qtrs
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.01M	USD	3 Qtrs
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$584.00K	USD	1 Quarter
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$310.00K	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$20.60M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$21.13M	USD	3 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$1.52M	USD	3 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$206.00K	USD	1 Quarter
Reduction of employee stock notes receivable	`ReductionOfEmployeeStockNotesReceivable`	$30.00K	USD	3 Qtrs
Reduction of employee stock notes receivable	`ReductionOfEmployeeStockNotesReceivable`	$772.00K	USD	3 Qtrs
Reduction of employee stock notes receivable	`ReductionOfEmployeeStockNotesReceivable`	$30.00K	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$988.78M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.07B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.14B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.18B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$906.63M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.01B	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$121.78M	USD	3 Qtrs
Net income	`ProfitLoss`	$139.46M	USD	3 Qtrs
Net income	`ProfitLoss`	$47.45M	USD	1 Quarter
Net income	`ProfitLoss`	$36.95M	USD	1 Quarter
Unrealized holding gains arising during period, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$1.75M	USD	3 Qtrs
Unrealized holding gains arising during period, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	-	USD	3 Qtrs
Unrealized holding gains arising during period, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$133.00K	USD	1 Quarter
Unrealized holding gains arising during period, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	-	USD	1 Quarter
Less reclassification adjustment for gains recognized in net income, net	`OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax`	-	USD	3 Qtrs
Less reclassification adjustment for gains recognized in net income, net	`OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax`	-	USD	1 Quarter
Less reclassification adjustment for gains recognized in net income, net	`OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax`	$-4.85M	USD	3 Qtrs
Less reclassification adjustment for gains recognized in net income, net	`OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax`	$-2.62M	USD	1 Quarter
Income tax effect	`OtherComprehensiveIncomeLossTax`	$961.00K	USD	1 Quarter
Income tax effect	`OtherComprehensiveIncomeLossTax`	$1.17M	USD	3 Qtrs
Income tax effect	`OtherComprehensiveIncomeLossTax`	-	USD	1 Quarter
Income tax effect	`OtherComprehensiveIncomeLossTax`	-	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	-	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$-1.93M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$-1.52M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	-	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$47.45M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$119.84M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$35.43M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$139.46M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$124.00K	USD	1 Quarter
Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$412.00K	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Comprehensive income attributable to Nelnet, Inc.	`ComprehensiveIncomeNetOfTax`	$139.46M	USD	3 Qtrs
Comprehensive income attributable to Nelnet, Inc.	`ComprehensiveIncomeNetOfTax`	$47.45M	USD	1 Quarter
Comprehensive income attributable to Nelnet, Inc.	`ComprehensiveIncomeNetOfTax`	$35.30M	USD	1 Quarter
Comprehensive income attributable to Nelnet, Inc.	`ComprehensiveIncomeNetOfTax`	$119.43M	USD	3 Qtrs

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