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10-Q Filing

NELNET INC CIK: 1258602 Q2 2013
Filing Information
Form Type 10-Q
Accession Number 0001258602-13-000041
Period End Date 20130630
Filing Date 20130808
Fiscal Year 2013
Fiscal Period Q2
XBRL Instance nni-20130630.xml
Balance Sheet 81 line items
Line Item Tag Value Unit Period
Allowance for loan losses FinancingReceivableAllowanceForCreditLosses $49.66M USD Point-in-time
Allowance for loan losses FinancingReceivableAllowanceForCreditLosses $49.41M USD Point-in-time
Allowance for loan losses FinancingReceivableAllowanceForCreditLosses $48.48M USD Point-in-time
Allowance for loan losses FinancingReceivableAllowanceForCreditLosses $48.44M USD Point-in-time
Allowance for loan losses FinancingReceivableAllowanceForCreditLosses $51.61M USD Point-in-time
Allowance for loan losses FinancingReceivableAllowanceForCreditLosses $51.90M USD Point-in-time
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivable $1.53M USD Point-in-time
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivable $1.41M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, authorized shares PreferredStockSharesAuthorized 50.00M shares Point-in-time
Preferred stock, authorized shares PreferredStockSharesAuthorized 50.00M shares Point-in-time
Student loans receivable (net of allowance for loan losses) NotesReceivableNet $24.58B 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
Student loans receivable (net of allowance for loan losses) NotesReceivableNet $24.83B USD Point-in-time
Preferred stock, outstanding shares PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred stock, outstanding shares PreferredStockSharesOutstanding 0.00 shares Point-in-time
Cash and cash equivalents - not held at a related party CashAndCashEquivalentsNotHeldAtRelatedParty $7.82M USD Point-in-time
Cash and cash equivalents - not held at a related party CashAndCashEquivalentsNotHeldAtRelatedParty $7.57M USD Point-in-time
Cash and cash equivalents - held at a related party CashAndCashEquivalentsRelatedParty $60.77M USD Point-in-time
Cash and cash equivalents - held at a related party CashAndCashEquivalentsRelatedParty $58.46M USD Point-in-time
Total cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $66.03M USD Point-in-time
Total cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $42.57M USD Point-in-time
Total cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $68.58M USD Point-in-time
Total cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $66.03M USD Point-in-time
Total cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $56.26M USD Point-in-time
Investments Investments $177.24M USD Point-in-time
Investments Investments $83.31M USD Point-in-time
Restricted cash and investments RestrictedCashAndInvestments $815.46M USD Point-in-time
Restricted cash and investments RestrictedCashAndInvestments $679.73M USD Point-in-time
Restricted cash - due to customers RestrictedCashDueToCustomers $84.18M USD Point-in-time
Restricted cash - due to customers RestrictedCashDueToCustomers $96.52M USD Point-in-time
Accrued interest receivable InterestReceivable $307.52M USD Point-in-time
Accrued interest receivable InterestReceivable $296.54M USD Point-in-time
Accounts receivable (net of allowance for doubtful accounts) AccountsReceivableNet $63.64M USD Point-in-time
Accounts receivable (net of allowance for doubtful accounts) AccountsReceivableNet $66.02M USD Point-in-time
Goodwill Goodwill $117.12M USD Point-in-time
Goodwill Goodwill $117.12M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $7.73M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $9.39M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $31.87M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $34.39M USD Point-in-time
Other assets OtherAssets $97.02M USD Point-in-time
Other assets OtherAssets $88.98M USD Point-in-time
Fair value of derivative instruments DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue $99.00M USD Point-in-time
Fair value of derivative instruments DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue $97.44M USD Point-in-time
Total assets Assets $26.61B USD Point-in-time
Total assets Assets $26.30B USD Point-in-time
Bonds and notes payable DebtAndCapitalLeaseObligations $24.69B USD Point-in-time
Bonds and notes payable DebtAndCapitalLeaseObligations $25.10B USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $14.77M USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $14.76M USD Point-in-time
Other liabilities OtherLiabilities $168.79M USD Point-in-time
Other liabilities OtherLiabilities $161.67M USD Point-in-time
Due to customers PayablesToCustomers $84.18M USD Point-in-time
Due to customers PayablesToCustomers $96.52M USD Point-in-time
Fair value of derivative instruments DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue $70.89M USD Point-in-time
Fair value of derivative instruments DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue $24.90M USD Point-in-time
Total liabilities Liabilities $25.44B USD Point-in-time
Total liabilities Liabilities $24.98B USD Point-in-time
Preferred stock PreferredStockValue - USD Point-in-time
Preferred stock PreferredStockValue - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $32.54M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $27.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.13B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.29B USD Point-in-time
Accumulated other comprehensive earnings AccumulatedOtherComprehensiveIncomeLossNetOfTax $2.81M USD Point-in-time
Accumulated other comprehensive earnings AccumulatedOtherComprehensiveIncomeLossNetOfTax $2.60M USD Point-in-time
Total Nelnet, Inc. shareholders' equity StockholdersEquity $1.17B USD Point-in-time
Total Nelnet, Inc. shareholders' equity StockholdersEquity $1.32B USD Point-in-time
Noncontrolling interest MinorityInterest $5.00K USD Point-in-time
Noncontrolling interest MinorityInterest $113.00K USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.07B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.11B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.14B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.23B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.17B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.32B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $26.30B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $26.61B USD Point-in-time
Income Statement 108 line items
Line Item Tag Value Unit Period
Loan interest LoanInterest $158.06M USD 1 Quarter
Loan interest LoanInterest $313.60M USD 2 Qtrs
Loan interest LoanInterest $150.99M USD 1 Quarter
Loan interest LoanInterest $304.05M USD 2 Qtrs
Investment interest InvestmentIncomeInterest $1.05M USD 1 Quarter
Investment interest InvestmentIncomeInterest $3.10M USD 2 Qtrs
Investment interest InvestmentIncomeInterest $2.15M USD 2 Qtrs
Investment interest InvestmentIncomeInterest $1.48M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $316.70M USD 2 Qtrs
Total interest income InterestAndDividendIncomeOperating $159.55M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $306.20M USD 2 Qtrs
Total interest income InterestAndDividendIncomeOperating $152.04M USD 1 Quarter
Interest on bonds and notes payable InterestExpense $136.77M USD 2 Qtrs
Interest on bonds and notes payable InterestExpense $58.13M USD 1 Quarter
Interest on bonds and notes payable InterestExpense $116.48M USD 2 Qtrs
Interest on bonds and notes payable InterestExpense $67.48M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $84.57M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $200.22M USD 2 Qtrs
Net interest income InterestIncomeExpenseNet $101.42M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $169.42M USD 2 Qtrs
Less provision for loan losses ProvisionForLoanLeaseAndOtherLosses $7.00M USD 1 Quarter
Less provision for loan losses ProvisionForLoanLeaseAndOtherLosses $10.00M USD 2 Qtrs
Less provision for loan losses ProvisionForLoanLeaseAndOtherLosses $13.00M USD 2 Qtrs
Less provision for loan losses ProvisionForLoanLeaseAndOtherLosses $5.00M USD 1 Quarter
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $96.42M USD 1 Quarter
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $156.42M USD 2 Qtrs
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $190.22M USD 2 Qtrs
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $77.57M USD 1 Quarter
Loan and guaranty servicing revenue ServicingFeesNet $115.68M USD 2 Qtrs
Loan and guaranty servicing revenue ServicingFeesNet $52.39M USD 1 Quarter
Loan and guaranty servicing revenue ServicingFeesNet $101.88M USD 2 Qtrs
Loan and guaranty servicing revenue ServicingFeesNet $60.08M USD 1 Quarter
Tuition payment processing and campus commerce revenue TuitionPaymentProcessingAndCampusCommerceRevenue $38.75M USD 2 Qtrs
Tuition payment processing and campus commerce revenue TuitionPaymentProcessingAndCampusCommerceRevenue $41.77M USD 2 Qtrs
Tuition payment processing and campus commerce revenue TuitionPaymentProcessingAndCampusCommerceRevenue $16.83M USD 1 Quarter
Tuition payment processing and campus commerce revenue TuitionPaymentProcessingAndCampusCommerceRevenue $18.36M USD 1 Quarter
Enrollment services revenue EnrollmentServicesRevenue $53.78M USD 2 Qtrs
Enrollment services revenue EnrollmentServicesRevenue $24.82M USD 1 Quarter
Enrollment services revenue EnrollmentServicesRevenue $61.37M USD 2 Qtrs
Enrollment services revenue EnrollmentServicesRevenue $29.71M USD 1 Quarter
Other income OtherIncome $21.70M USD 2 Qtrs
Other income OtherIncome $19.75M USD 2 Qtrs
Other income OtherIncome $8.80M USD 1 Quarter
Other income OtherIncome $12.29M 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 $8.76M USD 2 Qtrs
Gain on sale of loans and debt repurchases GainOnSaleOfLoansAndDebtRepurchasesNet $935.00K USD 2 Qtrs
Gain on sale of loans and debt repurchases GainOnSaleOfLoansAndDebtRepurchasesNet $7.36M USD 1 Quarter
Derivative market value and foreign currency adjustments and derivative settlements, net DerivativeMarketValueAndForeignCurrencyAdjustmentsAndDerivativeSettlementsNet $41.26M USD 2 Qtrs
Derivative market value and foreign currency adjustments and derivative settlements, net DerivativeMarketValueAndForeignCurrencyAdjustmentsAndDerivativeSettlementsNet $-21.62M 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 $40.19M USD 1 Quarter
Total other income (expense) NoninterestIncome $282.95M USD 2 Qtrs
Total other income (expense) NoninterestIncome $87.05M USD 1 Quarter
Total other income (expense) NoninterestIncome $163.09M USD 1 Quarter
Total other income (expense) NoninterestIncome $185.89M USD 2 Qtrs
Salaries and benefits LaborAndRelatedExpense $95.34M USD 2 Qtrs
Salaries and benefits LaborAndRelatedExpense $48.70M USD 1 Quarter
Salaries and benefits LaborAndRelatedExpense $47.43M USD 1 Quarter
Salaries and benefits LaborAndRelatedExpense $97.80M USD 2 Qtrs
Cost to provide enrollment services CostToProvideEnrollmentServices $20.37M USD 1 Quarter
Cost to provide enrollment services CostToProvideEnrollmentServices $16.79M USD 1 Quarter
Cost to provide enrollment services CostToProvideEnrollmentServices $42.05M USD 2 Qtrs
Cost to provide enrollment services CostToProvideEnrollmentServices $36.43M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $16.36M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $8.70M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $8.23M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $4.32M USD 1 Quarter
Other OtherExpenses $34.37M USD 1 Quarter
Other OtherExpenses $69.31M USD 2 Qtrs
Other OtherExpenses $30.91M USD 1 Quarter
Other OtherExpenses $63.17M USD 2 Qtrs
Total operating expenses OperatingExpenses $219.38M USD 2 Qtrs
Total operating expenses OperatingExpenses $108.21M USD 1 Quarter
Total operating expenses OperatingExpenses $102.90M USD 1 Quarter
Total operating expenses OperatingExpenses $209.77M USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $263.40M USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $156.60M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $122.93M USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $56.41M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $14.88M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $54.75M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $38.11M USD 2 Qtrs
Income tax expense IncomeTaxExpenseBenefit $93.19M USD 2 Qtrs
Net income ProfitLoss $101.86M USD 1 Quarter
Net income ProfitLoss $84.82M USD 2 Qtrs
Net income ProfitLoss $41.53M USD 1 Quarter
Net income ProfitLoss $170.21M USD 2 Qtrs
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $614.00K 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 attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $885.00K USD 2 Qtrs
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $136.00K USD 1 Quarter
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $288.00K USD 2 Qtrs
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $614.00K USD 1 Quarter
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $885.00K USD 2 Qtrs
Net income attributable to Nelnet, Inc. NetIncomeLoss $84.53M USD 2 Qtrs
Net income attributable to Nelnet, Inc. NetIncomeLoss $41.39M USD 1 Quarter
Net income attributable to Nelnet, Inc. NetIncomeLoss $169.32M USD 2 Qtrs
Net income attributable to Nelnet, Inc. NetIncomeLoss $101.24M USD 1 Quarter
Net income attributable to Nelnet, Inc. shareholders - basic and diluted EarningsPerShareBasicAndDiluted $2.17 USD 1 Quarter
Net income attributable to Nelnet, Inc. shareholders - basic and diluted EarningsPerShareBasicAndDiluted $3.63 USD 2 Qtrs
Net income attributable to Nelnet, Inc. shareholders - basic and diluted EarningsPerShareBasicAndDiluted $0.87 USD 1 Quarter
Net income attributable to Nelnet, Inc. shareholders - basic and diluted EarningsPerShareBasicAndDiluted $1.78 USD 2 Qtrs
Weighted average common shares outstanding - basic and diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 47.43M shares 1 Quarter
Weighted average common shares outstanding - basic and diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 46.64M shares 2 Qtrs
Weighted average common shares outstanding - basic and diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 46.63M shares 1 Quarter
Weighted average common shares outstanding - basic and diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 47.37M shares 2 Qtrs
Cash Flow Statement 104 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 $41.39M USD 1 Quarter
Net income attributable to Nelnet, Inc. NetIncomeLoss $169.32M USD 2 Qtrs
Net income attributable to Nelnet, Inc. NetIncomeLoss $101.24M USD 1 Quarter
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $614.00K 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 attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $885.00K USD 2 Qtrs
Net income ProfitLoss $101.86M USD 1 Quarter
Net income ProfitLoss $84.82M USD 2 Qtrs
Net income ProfitLoss $41.53M USD 1 Quarter
Net income ProfitLoss $170.21M USD 2 Qtrs
Depreciation and amortization, including debt discounts and student loan premiums and deferred origination costs DepreciationDepletionAndAmortization $39.16M USD 2 Qtrs
Depreciation and amortization, including debt discounts and student loan premiums and deferred origination costs DepreciationDepletionAndAmortization $58.38M USD 2 Qtrs
Student loan discount accretion StudentLoanDiscountAccretion $-17.77M USD 2 Qtrs
Student loan discount accretion StudentLoanDiscountAccretion $-22.86M USD 2 Qtrs
Provision for loan losses ProvisionForLoanLeaseAndOtherLosses $7.00M USD 1 Quarter
Provision for loan losses ProvisionForLoanLeaseAndOtherLosses $10.00M USD 2 Qtrs
Provision for loan losses ProvisionForLoanLeaseAndOtherLosses $13.00M USD 2 Qtrs
Provision for loan losses ProvisionForLoanLeaseAndOtherLosses $5.00M USD 1 Quarter
Derivative market value adjustment DerivativeMarketValueAdjustment $-43.73M USD 2 Qtrs
Derivative market value adjustment DerivativeMarketValueAdjustment $61.92M USD 2 Qtrs
Foreign currency transaction adjustment ForeignCurrencyTransactionGainLossUnrealized $14.07M USD 2 Qtrs
Foreign currency transaction adjustment ForeignCurrencyTransactionGainLossUnrealized $26.98M USD 2 Qtrs
Payments to terminate and/or amend derivative instruments PaymentsToTerminateAndorAmendDerivativeInstruments $3.70M USD 1 Quarter
Payments to terminate and/or amend derivative instruments PaymentsToTerminateAndorAmendDerivativeInstruments $-3.82M USD 2 Qtrs
Payments to terminate and/or amend derivative instruments PaymentsToTerminateAndorAmendDerivativeInstruments - USD 2 Qtrs
Gain on sale of loans GainOnSaleOfFinancingReceivables $34.00K USD 2 Qtrs
Gain on sale of loans GainOnSaleOfFinancingReceivables $33.00K USD 2 Qtrs
Gain from debt repurchases GainFromDebtRepurchases $902.00K USD 2 Qtrs
Gain from debt repurchases GainFromDebtRepurchases $8.73M USD 2 Qtrs
Gain from sales of available-for-sale securities, net AvailableForSaleSecuritiesGrossRealizedGainLossNet $2.21M USD 2 Qtrs
Gain from sales of available-for-sale securities, net AvailableForSaleSecuritiesGrossRealizedGainLossNet $1.52M USD 2 Qtrs
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $21.24M USD 2 Qtrs
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $-20.48M USD 2 Qtrs
Other OtherNoncashIncomeExpense $-1.89M USD 2 Qtrs
Other OtherNoncashIncomeExpense $-1.53M USD 2 Qtrs
Decrease in accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $-10.98M USD 2 Qtrs
Decrease in accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $-22.27M USD 2 Qtrs
Increase in accounts receivable IncreaseDecreaseInAccountsReceivable $3.35M USD 2 Qtrs
Increase in accounts receivable IncreaseDecreaseInAccountsReceivable $2.38M USD 2 Qtrs
(Increase) decrease in other assets IncreaseDecreaseInOtherOperatingAssets $-566.00K USD 2 Qtrs
(Increase) decrease in other assets IncreaseDecreaseInOtherOperatingAssets $-2.26M USD 2 Qtrs
Decrease in accrued interest payable IncreaseDecreaseInInterestPayableNet $-1.45M USD 2 Qtrs
Decrease in accrued interest payable IncreaseDecreaseInInterestPayableNet $-10.00K USD 2 Qtrs
Decrease in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-8.45M USD 2 Qtrs
Decrease in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-5.01M USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $153.19M USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $161.27M USD 2 Qtrs
Purchases of student loans PaymentsToAcquireFinanceReceivables $729.77M USD 2 Qtrs
Purchases of student loans PaymentsToAcquireFinanceReceivables $1.16B USD 2 Qtrs
Net proceeds from student loan repayments, claims, capitalized interest, participations, and other ProceedsFromCollectionOfFinanceReceivables $1.45B USD 2 Qtrs
Net proceeds from student loan repayments, claims, capitalized interest, participations, and other ProceedsFromCollectionOfFinanceReceivables $1.39B USD 2 Qtrs
Proceeds from sale of student loans ProceedsFromSaleOfFinanceReceivables $59.97M USD 2 Qtrs
Proceeds from sale of student loans ProceedsFromSaleOfFinanceReceivables $11.29M USD 2 Qtrs
Purchases of available-for-sale securities PaymentsToAcquireAvailableForSaleSecurities $132.50M USD 2 Qtrs
Purchases of available-for-sale securities PaymentsToAcquireAvailableForSaleSecurities $53.66M USD 2 Qtrs
Proceeds from sales of available-for-sale securities ProceedsFromSaleOfAvailableForSaleSecurities $37.66M USD 2 Qtrs
Proceeds from sales of available-for-sale securities ProceedsFromSaleOfAvailableForSaleSecurities $28.22M USD 2 Qtrs
Payments to Acquire Other Investments PaymentsToAcquireOtherInvestments - USD 2 Qtrs
Payments to Acquire Other Investments PaymentsToAcquireOtherInvestments $3.89M USD 2 Qtrs
Purchases of property and equipment, net PaymentsToAcquirePropertyPlantAndEquipment $4.41M USD 2 Qtrs
Purchases of property and equipment, net PaymentsToAcquirePropertyPlantAndEquipment $9.56M USD 2 Qtrs
Decrease (increase) in restricted cash IncreaseDecreaseInRestrictedCashAndInvestments $-135.74M USD 2 Qtrs
Decrease (increase) in restricted cash IncreaseDecreaseInRestrictedCashAndInvestments $298.63M USD 2 Qtrs
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $451.32M USD 2 Qtrs
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $274.44M USD 2 Qtrs
Payments on bonds and notes payable RepaymentsOfDebtAndCapitalLeaseObligations $3.54B USD 2 Qtrs
Payments on bonds and notes payable RepaymentsOfDebtAndCapitalLeaseObligations $1.52B 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 $3.14B USD 2 Qtrs
Payments of debt issuance costs PaymentsOfDebtIssuanceCosts $11.48M USD 2 Qtrs
Payments of debt issuance costs PaymentsOfDebtIssuanceCosts $5.59M USD 2 Qtrs
Dividends paid PaymentsOfDividends $9.29M USD 2 Qtrs
Dividends paid PaymentsOfDividends $9.45M USD 2 Qtrs
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $8.99M USD 2 Qtrs
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $1.31M USD 2 Qtrs
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $249.00K USD 2 Qtrs
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $303.00K 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 noncontrolling interest ProceedsFromMinorityShareholders $5.00K USD 2 Qtrs
Issuance of noncontrolling interest ProceedsFromMinorityShareholders $5.00K USD 2 Qtrs
Distribution to noncontrolling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders - USD 2 Qtrs
Distribution to noncontrolling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $-782.00K USD 1 Quarter
Distribution to noncontrolling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $-782.00K USD 2 Qtrs
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-598.90M USD 2 Qtrs
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-425.07M USD 2 Qtrs
Net increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $13.69M USD 2 Qtrs
Net increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $2.55M USD 2 Qtrs
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $66.03M 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 $68.58M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $66.03M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $56.26M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $66.03M 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 $68.58M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $66.03M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $56.26M USD Point-in-time
Interest paid InterestPaid $120.82M USD 2 Qtrs
Interest paid InterestPaid $100.29M USD 2 Qtrs
Income taxes paid, net of refunds IncomeTaxesPaidNet $57.11M USD 2 Qtrs
Income taxes paid, net of refunds IncomeTaxesPaidNet $69.87M USD 2 Qtrs
Stockholders Equity 50 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 $41.39M USD 1 Quarter
Net income attributable to Nelnet, Inc. NetIncomeLoss $169.32M USD 2 Qtrs
Net income attributable to Nelnet, Inc. NetIncomeLoss $101.24M USD 1 Quarter
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $614.00K 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 attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $885.00K USD 2 Qtrs
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.07B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.11B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.14B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.23B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.17B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.32B USD Point-in-time
Issuance of minority membership interest MinorityInterestIncreaseFromStockIssuance $5.00K USD 2 Qtrs
Issuance of minority membership interest MinorityInterestIncreaseFromStockIssuance $5.00K USD 2 Qtrs
Net income ProfitLoss $101.86M USD 1 Quarter
Net income ProfitLoss $84.82M USD 2 Qtrs
Net income ProfitLoss $41.53M USD 1 Quarter
Net income ProfitLoss $170.21M USD 2 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-1.01M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-2.45M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-409.00K USD 2 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-216.00K USD 2 Qtrs
Distribution to noncontrolling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders - USD 2 Qtrs
Distribution to noncontrolling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $-782.00K USD 1 Quarter
Distribution to noncontrolling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $-782.00K USD 2 Qtrs
Cash dividend on Class A and Class B common stock DividendsCommonStockCash $9.45M USD 2 Qtrs
Cash dividend on Class A and Class B common stock DividendsCommonStockCash $4.65M 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 $9.29M USD 2 Qtrs
Issuance of common stock, net of forfeitures StockIssuedDuringPeriodValueNewIssues $852.00K USD 1 Quarter
Issuance of common stock, net of forfeitures StockIssuedDuringPeriodValueNewIssues $3.28M USD 2 Qtrs
Issuance of common stock, net of forfeitures StockIssuedDuringPeriodValueNewIssues $695.00K USD 1 Quarter
Issuance of common stock, net of forfeitures StockIssuedDuringPeriodValueNewIssues $1.97M USD 2 Qtrs
Compensation expense for stock based awards AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $988.00K USD 2 Qtrs
Compensation expense for stock based awards AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.48M USD 2 Qtrs
Compensation expense for stock based awards AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $593.00K USD 1 Quarter
Compensation expense for stock based awards AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $808.00K USD 1 Quarter
Repurchase of common stock StockRepurchasedDuringPeriodValue $2.29M USD 1 Quarter
Repurchase of common stock StockRepurchasedDuringPeriodValue $199.00K USD 1 Quarter
Repurchase of common stock StockRepurchasedDuringPeriodValue $1.31M USD 2 Qtrs
Repurchase of common stock StockRepurchasedDuringPeriodValue $8.99M USD 2 Qtrs
Reduction of employee stock notes receivable ReductionOfEmployeeStockNotesReceivable $772.00K USD 2 Qtrs
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.07B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.11B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.14B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.23B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.17B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.32B USD Point-in-time
Comprehensive Income 36 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $101.86M USD 1 Quarter
Net income ProfitLoss $84.82M USD 2 Qtrs
Net income ProfitLoss $41.53M USD 1 Quarter
Net income ProfitLoss $170.21M USD 2 Qtrs
Unrealized holding gains (losses) arising during period, net OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-586.00K USD 1 Quarter
Unrealized holding gains (losses) arising during period, net OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $1.19M USD 2 Qtrs
Unrealized holding gains (losses) arising during period, net OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $1.60M USD 2 Qtrs
Unrealized holding gains (losses) arising during period, net OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-3.33M USD 1 Quarter
Less reclassification adjustment for gains recognized in net income, net OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax $-1.52M USD 2 Qtrs
Less reclassification adjustment for gains recognized in net income, net OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax $-2.21M USD 2 Qtrs
Less reclassification adjustment for gains recognized in net income, net OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax $-966.00K USD 1 Quarter
Less reclassification adjustment for gains recognized in net income, net OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax $-559.00K USD 1 Quarter
Income tax effect OtherComprehensiveIncomeLossTax $-538.00K USD 1 Quarter
Income tax effect OtherComprehensiveIncomeLossTax $-1.44M USD 1 Quarter
Income tax effect OtherComprehensiveIncomeLossTax $-209.00K USD 2 Qtrs
Income tax effect OtherComprehensiveIncomeLossTax $-115.00K USD 2 Qtrs
Total other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-1.01M USD 1 Quarter
Total other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-2.45M USD 1 Quarter
Total other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-409.00K USD 2 Qtrs
Total other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-216.00K USD 2 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $84.41M USD 2 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $40.52M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $169.99M USD 2 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $99.40M USD 1 Quarter
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $136.00K USD 1 Quarter
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $288.00K USD 2 Qtrs
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $614.00K USD 1 Quarter
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $885.00K USD 2 Qtrs
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $614.00K 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 attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $885.00K USD 2 Qtrs
Comprehensive income attributable to Nelnet, Inc. ComprehensiveIncomeNetOfTax $98.79M USD 1 Quarter
Comprehensive income attributable to Nelnet, Inc. ComprehensiveIncomeNetOfTax $84.13M USD 2 Qtrs
Comprehensive income attributable to Nelnet, Inc. ComprehensiveIncomeNetOfTax $40.38M USD 1 Quarter
Comprehensive income attributable to Nelnet, Inc. ComprehensiveIncomeNetOfTax $169.11M USD 2 Qtrs

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

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