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10-Q Filing

NELNET INC CIK: 1258602 Q3 2013
Filing Information
Form Type 10-Q
Accession Number 0001258602-13-000048
Period End Date 20130930
Filing Date 20131107
Fiscal Year 2013
Fiscal Period Q3
XBRL Instance nni-20130930.xml
Balance Sheet 83 line items
Line Item Tag Value Unit Period
Allowance for loan losses FinancingReceivableAllowanceForCreditLosses $51.61M USD Point-in-time
Allowance for loan losses FinancingReceivableAllowanceForCreditLosses $54.20M USD Point-in-time
Allowance for loan losses FinancingReceivableAllowanceForCreditLosses $48.21M USD Point-in-time
Allowance for loan losses FinancingReceivableAllowanceForCreditLosses $49.66M USD Point-in-time
Allowance for loan losses FinancingReceivableAllowanceForCreditLosses $51.90M USD Point-in-time
Allowance for loan losses FinancingReceivableAllowanceForCreditLosses $48.48M USD Point-in-time
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivable $1.53M USD Point-in-time
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivable $2.51M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, authorized shares PreferredStockSharesAuthorized 50.00M shares Point-in-time
Preferred stock, authorized shares PreferredStockSharesAuthorized 50.00M shares Point-in-time
Preferred stock, issued shares PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, issued shares PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, outstanding shares PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred stock, outstanding shares PreferredStockSharesOutstanding 0.00 shares Point-in-time
Student loans receivable (net of allowance for loan losses) NotesReceivableNet $24.70B USD Point-in-time
Student loans receivable (net of allowance for loan losses) NotesReceivableNet $24.83B USD Point-in-time
Non-federally insured student loans receivable - held for sale LoansReceivableHeldForSaleAmount - USD Point-in-time
Non-federally insured student loans receivable - held for sale LoansReceivableHeldForSaleAmount $28.48M 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 - not held at a related party CashAndCashEquivalentsNotHeldAtRelatedParty $6.42M USD Point-in-time
Cash and cash equivalents - held at a related party CashAndCashEquivalentsRelatedParty $58.46M USD Point-in-time
Cash and cash equivalents - held at a related party CashAndCashEquivalentsRelatedParty $44.97M USD Point-in-time
Total cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $51.39M USD Point-in-time
Total cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $93.67M USD Point-in-time
Total cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $66.03M 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
Investments Investments $232.66M USD Point-in-time
Investments Investments $83.31M USD Point-in-time
Restricted cash and investments RestrictedCashAndInvestments $674.93M USD Point-in-time
Restricted cash and investments RestrictedCashAndInvestments $815.46M USD Point-in-time
Restricted cash - due to customers RestrictedCashDueToCustomers $93.69M USD Point-in-time
Restricted cash - due to customers RestrictedCashDueToCustomers $96.52M USD Point-in-time
Accrued interest receivable InterestReceivable $303.35M USD Point-in-time
Accrued interest receivable InterestReceivable $307.52M 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 $62.95M USD Point-in-time
Goodwill Goodwill $117.12M USD Point-in-time
Goodwill Goodwill $117.12M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $9.39M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $6.93M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $31.87M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $33.01M USD Point-in-time
Other assets OtherAssets $88.98M USD Point-in-time
Other assets OtherAssets $103.02M USD Point-in-time
Fair value of derivative instruments DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue $97.44M USD Point-in-time
Fair value of derivative instruments DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue $128.28M USD Point-in-time
Total assets Assets $26.54B USD Point-in-time
Total assets Assets $26.61B USD Point-in-time
Bonds and notes payable DebtAndCapitalLeaseObligations $24.86B 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 $14.22M USD Point-in-time
Other liabilities OtherLiabilities $161.67M USD Point-in-time
Other liabilities OtherLiabilities $171.13M USD Point-in-time
Due to customers PayablesToCustomers $93.69M USD Point-in-time
Due to customers PayablesToCustomers $96.52M USD Point-in-time
Fair value of derivative instruments DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue $21.51M USD Point-in-time
Fair value of derivative instruments DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue $70.89M USD Point-in-time
Total liabilities Liabilities $25.44B USD Point-in-time
Total liabilities Liabilities $25.16B USD Point-in-time
Preferred stock PreferredStockValue - USD Point-in-time
Preferred stock PreferredStockValue - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $24.07M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $32.54M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.35B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.13B USD Point-in-time
Accumulated other comprehensive earnings AccumulatedOtherComprehensiveIncomeLossNetOfTax $5.72M USD Point-in-time
Accumulated other comprehensive earnings AccumulatedOtherComprehensiveIncomeLossNetOfTax $2.81M USD Point-in-time
Total Nelnet, Inc. shareholders' equity StockholdersEquity $1.17B USD Point-in-time
Total Nelnet, Inc. shareholders' equity StockholdersEquity $1.38B USD Point-in-time
Noncontrolling interest MinorityInterest $5.00K USD Point-in-time
Noncontrolling interest MinorityInterest $50.00K USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.07B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.17B 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 $1.32B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.38B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $26.61B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $26.54B USD Point-in-time
Income Statement 108 line items
Line Item Tag Value Unit Period
Loan interest LoanInterest $150.53M USD 1 Quarter
Loan interest LoanInterest $158.68M USD 1 Quarter
Loan interest LoanInterest $454.57M USD 3 Qtrs
Loan interest LoanInterest $472.28M USD 3 Qtrs
Investment interest InvestmentIncomeInterest $1.56M USD 1 Quarter
Investment interest InvestmentIncomeInterest $4.66M USD 3 Qtrs
Investment interest InvestmentIncomeInterest $1.14M USD 1 Quarter
Investment interest InvestmentIncomeInterest $3.29M USD 3 Qtrs
Total interest income InterestAndDividendIncomeOperating $160.24M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $476.94M USD 3 Qtrs
Total interest income InterestAndDividendIncomeOperating $151.67M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $457.86M USD 3 Qtrs
Interest on bonds and notes payable InterestExpense $55.31M USD 1 Quarter
Interest on bonds and notes payable InterestExpense $171.80M USD 3 Qtrs
Interest on bonds and notes payable InterestExpense $203.18M USD 3 Qtrs
Interest on bonds and notes payable InterestExpense $66.40M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $254.69M USD 3 Qtrs
Net interest income InterestIncomeExpenseNet $104.92M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $85.27M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $305.14M USD 3 Qtrs
Less provision for loan losses ProvisionForLoanLeaseAndOtherLosses $15.00M USD 3 Qtrs
Less provision for loan losses ProvisionForLoanLeaseAndOtherLosses $5.00M USD 1 Quarter
Less provision for loan losses ProvisionForLoanLeaseAndOtherLosses $18.00M USD 3 Qtrs
Less provision for loan losses ProvisionForLoanLeaseAndOtherLosses $5.00M USD 1 Quarter
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $236.69M USD 3 Qtrs
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $80.27M USD 1 Quarter
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $290.14M USD 3 Qtrs
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $99.92M USD 1 Quarter
Loan and guaranty servicing revenue ServicingFeesNet $64.58M USD 1 Quarter
Loan and guaranty servicing revenue ServicingFeesNet $53.28M USD 1 Quarter
Loan and guaranty servicing revenue ServicingFeesNet $155.16M USD 3 Qtrs
Loan and guaranty servicing revenue ServicingFeesNet $180.26M USD 3 Qtrs
Tuition payment processing and campus commerce revenue TuitionPaymentProcessingAndCampusCommerceRevenue $61.69M USD 3 Qtrs
Tuition payment processing and campus commerce revenue TuitionPaymentProcessingAndCampusCommerceRevenue $19.93M USD 1 Quarter
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
Enrollment services revenue EnrollmentServicesRevenue $92.03M USD 3 Qtrs
Enrollment services revenue EnrollmentServicesRevenue $30.66M USD 1 Quarter
Enrollment services revenue EnrollmentServicesRevenue $22.56M USD 1 Quarter
Enrollment services revenue EnrollmentServicesRevenue $76.34M USD 3 Qtrs
Other income OtherIncome $8.61M USD 1 Quarter
Other income OtherIncome $12.70M USD 1 Quarter
Other income OtherIncome $30.32M USD 3 Qtrs
Other income OtherIncome $32.45M USD 3 Qtrs
Gain on sale of loans and debt repurchases GainOnSaleOfLoansAndDebtRepurchasesNet $10.90M USD 3 Qtrs
Gain on sale of loans and debt repurchases GainOnSaleOfLoansAndDebtRepurchasesNet $2.14M 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
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 $24.61M USD 3 Qtrs
Derivative market value and foreign currency adjustments and derivative settlements, net DerivativeMarketValueAndForeignCurrencyAdjustmentsAndDerivativeSettlementsNet $-16.65M USD 1 Quarter
Derivative market value and foreign currency adjustments and derivative settlements, net DerivativeMarketValueAndForeignCurrencyAdjustmentsAndDerivativeSettlementsNet $-68.07M USD 3 Qtrs
Total other income (expense) NoninterestIncome $83.49M USD 1 Quarter
Total other income (expense) NoninterestIncome $269.38M USD 3 Qtrs
Total other income (expense) NoninterestIncome $101.17M USD 1 Quarter
Total other income (expense) NoninterestIncome $384.13M USD 3 Qtrs
Salaries and benefits LaborAndRelatedExpense $144.19M USD 3 Qtrs
Salaries and benefits LaborAndRelatedExpense $46.40M USD 1 Quarter
Salaries and benefits LaborAndRelatedExpense $144.05M USD 3 Qtrs
Salaries and benefits LaborAndRelatedExpense $48.71M USD 1 Quarter
Cost to provide enrollment services CostToProvideEnrollmentServices $62.20M USD 3 Qtrs
Cost to provide enrollment services CostToProvideEnrollmentServices $14.67M USD 1 Quarter
Cost to provide enrollment services CostToProvideEnrollmentServices $51.10M USD 3 Qtrs
Cost to provide enrollment services CostToProvideEnrollmentServices $20.15M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $8.40M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $13.04M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $4.34M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $24.76M USD 3 Qtrs
Other OtherExpenses $39.89M USD 1 Quarter
Other OtherExpenses $29.99M USD 1 Quarter
Other OtherExpenses $93.16M USD 3 Qtrs
Other OtherExpenses $109.19M USD 3 Qtrs
Total operating expenses OperatingExpenses $317.38M 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 $107.61M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $93.49M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $58.82M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $356.89M USD 3 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $181.75M USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $59.98M USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $123.64M USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $30.44M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $21.87M USD 1 Quarter
Net income ProfitLoss $63.05M USD 1 Quarter
Net income ProfitLoss $233.25M USD 3 Qtrs
Net income ProfitLoss $36.95M USD 1 Quarter
Net income ProfitLoss $121.78M USD 3 Qtrs
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $124.00K USD 1 Quarter
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $1.10M USD 3 Qtrs
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $216.00K USD 1 Quarter
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $412.00K USD 3 Qtrs
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $412.00K USD 3 Qtrs
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $124.00K USD 1 Quarter
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.10M USD 3 Qtrs
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $216.00K USD 1 Quarter
Net income attributable to Nelnet, Inc. NetIncomeLoss $121.36M USD 3 Qtrs
Net income attributable to Nelnet, Inc. NetIncomeLoss $62.83M USD 1 Quarter
Net income attributable to Nelnet, Inc. NetIncomeLoss $36.83M USD 1 Quarter
Net income attributable to Nelnet, Inc. NetIncomeLoss $232.15M USD 3 Qtrs
Net income attributable to Nelnet, Inc. shareholders - basic and diluted EarningsPerShareBasicAndDiluted $4.98 USD 3 Qtrs
Net income attributable to Nelnet, Inc. shareholders - basic and diluted EarningsPerShareBasicAndDiluted $0.78 USD 1 Quarter
Net income attributable to Nelnet, Inc. shareholders - basic and diluted EarningsPerShareBasicAndDiluted $2.56 USD 3 Qtrs
Net income attributable to Nelnet, Inc. shareholders - basic and diluted EarningsPerShareBasicAndDiluted $1.35 USD 1 Quarter
Weighted average common shares outstanding - basic and diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 46.50M shares 1 Quarter
Weighted average common shares outstanding - basic and diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 47.46M shares 1 Quarter
Weighted average common shares outstanding - basic and diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 47.40M shares 3 Qtrs
Weighted average common shares outstanding - basic and diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 46.59M shares 3 Qtrs
Cash Flow Statement 108 line items
Line Item Tag Value Unit Period
Net income attributable to Nelnet, Inc. NetIncomeLoss $121.36M USD 3 Qtrs
Net income attributable to Nelnet, Inc. NetIncomeLoss $62.83M USD 1 Quarter
Net income attributable to Nelnet, Inc. NetIncomeLoss $36.83M USD 1 Quarter
Net income attributable to Nelnet, Inc. NetIncomeLoss $232.15M USD 3 Qtrs
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $124.00K USD 1 Quarter
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $1.10M USD 3 Qtrs
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $216.00K USD 1 Quarter
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $412.00K USD 3 Qtrs
Net income ProfitLoss $63.05M USD 1 Quarter
Net income ProfitLoss $233.25M USD 3 Qtrs
Net income ProfitLoss $36.95M USD 1 Quarter
Net income ProfitLoss $121.78M USD 3 Qtrs
Depreciation and amortization, including debt discounts and student loan premiums and deferred origination costs DepreciationDepletionAndAmortization $85.37M USD 3 Qtrs
Depreciation and amortization, including debt discounts and student loan premiums and deferred origination costs DepreciationDepletionAndAmortization $58.33M USD 3 Qtrs
Student loan discount accretion StudentLoanDiscountAccretion $-26.33M USD 3 Qtrs
Student loan discount accretion StudentLoanDiscountAccretion $-31.69M USD 3 Qtrs
Provision for loan losses ProvisionForLoanLeaseAndOtherLosses $15.00M USD 3 Qtrs
Provision for loan losses ProvisionForLoanLeaseAndOtherLosses $5.00M USD 1 Quarter
Provision for loan losses ProvisionForLoanLeaseAndOtherLosses $18.00M USD 3 Qtrs
Provision for loan losses ProvisionForLoanLeaseAndOtherLosses $5.00M USD 1 Quarter
Derivative market value adjustment DerivativeMarketValueAdjustment $-73.74M USD 3 Qtrs
Derivative market value adjustment DerivativeMarketValueAdjustment $67.35M USD 3 Qtrs
Foreign currency transaction adjustment ForeignCurrencyTransactionGainLossUnrealized $-25.90M USD 3 Qtrs
Foreign currency transaction adjustment ForeignCurrencyTransactionGainLossUnrealized $6.19M USD 3 Qtrs
Payments to terminate and/or amend derivative instruments PaymentsToTerminateAndorAmendDerivativeInstruments $-2.70M USD 1 Quarter
Payments to terminate and/or amend derivative instruments PaymentsToTerminateAndorAmendDerivativeInstruments $-6.47M USD 3 Qtrs
Payments to terminate and/or amend derivative instruments PaymentsToTerminateAndorAmendDerivativeInstruments $-6.43M USD 3 Qtrs
Gain on sale of loans GainOnSaleOfFinancingReceivables $34.00K USD 3 Qtrs
Gain on sale of loans GainOnSaleOfFinancingReceivables $80.00K USD 3 Qtrs
Gain from debt repurchases GainLossOnRepurchaseOfDebtInstrument $1.05M USD 3 Qtrs
Gain from debt repurchases GainLossOnRepurchaseOfDebtInstrument $10.87M USD 3 Qtrs
Gain from sales of available-for-sale securities, net AvailableForSaleSecuritiesGrossRealizedGainLossNet $2.25M USD 3 Qtrs
Gain from sales of available-for-sale securities, net AvailableForSaleSecuritiesGrossRealizedGainLossNet $4.85M USD 3 Qtrs
Payments for Origination and Purchases of Loans Held-for-sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale $28.48M USD 3 Qtrs
Payments for Origination and Purchases of Loans Held-for-sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale - USD 3 Qtrs
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $13.28M USD 3 Qtrs
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $-29.14M USD 3 Qtrs
Other OtherNoncashIncomeExpense $-2.56M USD 3 Qtrs
Other OtherNoncashIncomeExpense $-763.00K USD 3 Qtrs
Decrease in accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $-40.55M USD 3 Qtrs
Decrease in accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $-4.17M USD 3 Qtrs
Increase in accounts receivable IncreaseDecreaseInAccountsReceivable $7.75M USD 3 Qtrs
Increase in accounts receivable IncreaseDecreaseInAccountsReceivable $-687.00K USD 3 Qtrs
(Increase) decrease in other assets IncreaseDecreaseInOtherOperatingAssets $2.44M USD 3 Qtrs
(Increase) decrease in other assets IncreaseDecreaseInOtherOperatingAssets $-2.33M USD 3 Qtrs
Decrease in accrued interest payable IncreaseDecreaseInInterestPayableNet $-3.00M USD 3 Qtrs
Decrease in accrued interest payable IncreaseDecreaseInInterestPayableNet $-552.00K USD 3 Qtrs
Decrease in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $14.64M USD 3 Qtrs
Decrease in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $598.00K USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $202.61M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $260.60M USD 3 Qtrs
Purchases of student loans PaymentsToAcquireFinanceReceivables $1.70B USD 3 Qtrs
Purchases of student loans PaymentsToAcquireFinanceReceivables $875.56M USD 3 Qtrs
Purchases Of Student Loans From Related Party PurchasesOfStudentLoansFromRelatedParty $466.94M USD 3 Qtrs
Purchases Of Student Loans From Related Party PurchasesOfStudentLoansFromRelatedParty $299.00K USD 3 Qtrs
Net proceeds from student loan repayments, claims, capitalized interest, participations, and other ProceedsFromCollectionOfFinanceReceivables $2.50B USD 3 Qtrs
Net proceeds from student loan repayments, claims, capitalized interest, participations, and other ProceedsFromCollectionOfFinanceReceivables $2.27B USD 3 Qtrs
Proceeds from sale of student loans ProceedsFromSaleOfFinanceReceivables $11.29M USD 3 Qtrs
Proceeds from sale of student loans ProceedsFromSaleOfFinanceReceivables $92.15M USD 3 Qtrs
Purchases of available-for-sale securities PaymentsToAcquireAvailableForSaleSecurities $196.66M USD 3 Qtrs
Purchases of available-for-sale securities PaymentsToAcquireAvailableForSaleSecurities $155.06M USD 3 Qtrs
Proceeds from sales of available-for-sale securities ProceedsFromSaleOfAvailableForSaleSecurities $52.73M USD 3 Qtrs
Proceeds from sales of available-for-sale securities ProceedsFromSaleOfAvailableForSaleSecurities $112.85M USD 3 Qtrs
Payments to Acquire Other Investments PaymentsToAcquireOtherInvestments $8.32M USD 3 Qtrs
Payments to Acquire Other Investments PaymentsToAcquireOtherInvestments - USD 3 Qtrs
Purchases of property and equipment, net PaymentsToAcquirePropertyPlantAndEquipment $11.72M USD 3 Qtrs
Purchases of property and equipment, net PaymentsToAcquirePropertyPlantAndEquipment $7.37M USD 3 Qtrs
Decrease (increase) in restricted cash IncreaseDecreaseInRestrictedCashAndInvestments $-140.54M USD 3 Qtrs
Decrease (increase) in restricted cash IncreaseDecreaseInRestrictedCashAndInvestments $291.24M USD 3 Qtrs
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $93.92M USD 3 Qtrs
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $1.38B USD 3 Qtrs
Payments on bonds and notes payable RepaymentsOfDebtAndCapitalLeaseObligations $4.16B USD 3 Qtrs
Payments on bonds and notes payable RepaymentsOfDebtAndCapitalLeaseObligations $2.80B USD 3 Qtrs
Proceeds from issuance of bonds and notes payable ProceedsFromIssuanceOfDebt $3.89B USD 3 Qtrs
Proceeds from issuance of bonds and notes payable ProceedsFromIssuanceOfDebt $1.23B USD 3 Qtrs
Payments of debt issuance costs PaymentsOfDebtIssuanceCosts $13.29M USD 3 Qtrs
Payments of debt issuance costs PaymentsOfDebtIssuanceCosts $7.63M USD 3 Qtrs
Dividends paid PaymentsOfDividends $14.19M USD 3 Qtrs
Dividends paid PaymentsOfDividends $13.93M USD 3 Qtrs
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $1.52M USD 3 Qtrs
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $13.02M USD 3 Qtrs
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $349.00K USD 3 Qtrs
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $437.00K USD 3 Qtrs
Payments received on employee stock notes receivable PaymentsReceivedOnEmployeeStockNotesReceivable $772.00K USD 3 Qtrs
Payments received on employee stock notes receivable PaymentsReceivedOnEmployeeStockNotesReceivable - USD 3 Qtrs
Issuance of noncontrolling interest ProceedsFromMinorityShareholders $5.00K USD 3 Qtrs
Issuance of noncontrolling interest ProceedsFromMinorityShareholders $5.00K USD 3 Qtrs
Distribution to noncontrolling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $-1.06M USD 3 Qtrs
Distribution to noncontrolling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders - USD 3 Qtrs
Distribution to noncontrolling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $-279.00K USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-311.17M USD 3 Qtrs
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-1.58B USD 3 Qtrs
Net increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $51.10M USD 3 Qtrs
Net increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-14.64M USD 3 Qtrs
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $51.39M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $93.67M 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 $66.03M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $42.57M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $51.39M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $93.67M 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 $66.03M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $42.57M USD Point-in-time
Interest paid InterestPaid $179.01M USD 3 Qtrs
Interest paid InterestPaid $148.48M USD 3 Qtrs
Income taxes paid, net of refunds IncomeTaxesPaidNet $86.80M USD 3 Qtrs
Income taxes paid, net of refunds IncomeTaxesPaidNet $114.74M USD 3 Qtrs
Stockholders Equity 50 line items
Line Item Tag Value Unit Period
Net income attributable to Nelnet, Inc. NetIncomeLoss $121.36M USD 3 Qtrs
Net income attributable to Nelnet, Inc. NetIncomeLoss $62.83M USD 1 Quarter
Net income attributable to Nelnet, Inc. NetIncomeLoss $36.83M USD 1 Quarter
Net income attributable to Nelnet, Inc. NetIncomeLoss $232.15M USD 3 Qtrs
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $124.00K USD 1 Quarter
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $1.10M USD 3 Qtrs
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $216.00K USD 1 Quarter
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $412.00K USD 3 Qtrs
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.07B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.17B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.14B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.18B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.32B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.38B USD Point-in-time
Issuance of minority membership interest MinorityInterestIncreaseFromStockIssuance $5.00K USD 3 Qtrs
Issuance of minority membership interest MinorityInterestIncreaseFromStockIssuance $5.00K USD 3 Qtrs
Net income ProfitLoss $63.05M USD 1 Quarter
Net income ProfitLoss $233.25M USD 3 Qtrs
Net income ProfitLoss $36.95M USD 1 Quarter
Net income ProfitLoss $121.78M USD 3 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-1.52M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $2.91M USD 3 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $3.12M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-1.93M USD 3 Qtrs
Distribution to noncontrolling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $-1.06M USD 3 Qtrs
Distribution to noncontrolling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders - USD 3 Qtrs
Distribution to noncontrolling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $-279.00K USD 1 Quarter
Cash dividend on Class A and Class B common stock DividendsCommonStockCash $13.93M USD 3 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 $4.64M USD 1 Quarter
Cash dividend on Class A and Class B common stock DividendsCommonStockCash $14.19M USD 3 Qtrs
Issuance of common stock, net of forfeitures StockIssuedDuringPeriodValueNewIssues $271.00K USD 1 Quarter
Issuance of common stock, net of forfeitures StockIssuedDuringPeriodValueNewIssues $3.55M USD 3 Qtrs
Issuance of common stock, net of forfeitures StockIssuedDuringPeriodValueNewIssues $2.23M USD 3 Qtrs
Issuance of common stock, net of forfeitures StockIssuedDuringPeriodValueNewIssues $264.00K USD 1 Quarter
Compensation expense for stock based awards AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $584.00K USD 1 Quarter
Compensation expense for stock based awards AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.57M USD 3 Qtrs
Compensation expense for stock based awards AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $2.31M USD 3 Qtrs
Compensation expense for stock based awards AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $824.00K USD 1 Quarter
Repurchase of common stock StockRepurchasedDuringPeriodValue $1.52M USD 3 Qtrs
Repurchase of common stock StockRepurchasedDuringPeriodValue $4.03M USD 1 Quarter
Repurchase of common stock StockRepurchasedDuringPeriodValue $206.00K USD 1 Quarter
Repurchase of common stock StockRepurchasedDuringPeriodValue $13.02M USD 3 Qtrs
Reduction of employee stock notes receivable ReductionOfEmployeeStockNotesReceivable $772.00K USD 3 Qtrs
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.07B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.17B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.14B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.18B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.32B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.38B USD Point-in-time
Comprehensive Income 36 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $63.05M USD 1 Quarter
Net income ProfitLoss $233.25M USD 3 Qtrs
Net income ProfitLoss $36.95M USD 1 Quarter
Net income ProfitLoss $121.78M USD 3 Qtrs
Unrealized holding gains (losses) arising during period, net OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $5.69M USD 1 Quarter
Unrealized holding gains (losses) arising during period, net OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $1.75M USD 3 Qtrs
Unrealized holding gains (losses) arising during period, net OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $133.00K USD 1 Quarter
Unrealized holding gains (losses) arising during period, net OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $6.88M USD 3 Qtrs
Less reclassification adjustment for gains recognized in net income, net OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax $-2.25M USD 3 Qtrs
Less reclassification adjustment for gains recognized in net income, net OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax $-730.00K USD 1 Quarter
Less reclassification adjustment for gains recognized in net income, net OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax $-2.62M USD 1 Quarter
Less reclassification adjustment for gains recognized in net income, net OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax $-4.85M USD 3 Qtrs
Income tax effect OtherComprehensiveIncomeLossTax $1.72M USD 3 Qtrs
Income tax effect OtherComprehensiveIncomeLossTax $-1.17M USD 3 Qtrs
Income tax effect OtherComprehensiveIncomeLossTax $-961.00K USD 1 Quarter
Income tax effect OtherComprehensiveIncomeLossTax $1.83M USD 1 Quarter
Total other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-1.52M USD 1 Quarter
Total other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $2.91M USD 3 Qtrs
Total other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $3.12M USD 1 Quarter
Total other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-1.93M USD 3 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $66.17M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $119.84M USD 3 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $35.43M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $236.16M USD 3 Qtrs
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $412.00K USD 3 Qtrs
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $124.00K USD 1 Quarter
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.10M USD 3 Qtrs
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $216.00K USD 1 Quarter
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $124.00K USD 1 Quarter
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $1.10M USD 3 Qtrs
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $216.00K USD 1 Quarter
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $412.00K USD 3 Qtrs
Comprehensive income attributable to Nelnet, Inc. ComprehensiveIncomeNetOfTax $65.95M 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
Comprehensive income attributable to Nelnet, Inc. ComprehensiveIncomeNetOfTax $235.06M USD 3 Qtrs

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

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