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10-Q Filing

NELNET INC CIK: 1258602 Q1 2018
Filing Information
Form Type 10-Q
Accession Number 0001258602-18-000036
Period End Date 20180331
Filing Date 20180508
Fiscal Year 2018
Fiscal Period Q1
XBRL Instance nni-20180331.xml
Balance Sheet 81 line items
Line Item Tag Value Unit Period
Allowance for loan losses FinancingReceivableAllowanceForCreditLosses $55.29M USD Point-in-time
Allowance for loan losses FinancingReceivableAllowanceForCreditLosses $54.59M USD Point-in-time
Allowance for loan losses FinancingReceivableAllowanceForCreditLosses $50.53M USD Point-in-time
Allowance for loan losses FinancingReceivableAllowanceForCreditLosses $51.84M USD Point-in-time
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivable $1.44M USD Point-in-time
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivable $1.63M 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 (in shares) PreferredStockSharesAuthorized 50.00M shares Point-in-time
Preferred stock, authorized shares (in shares) PreferredStockSharesAuthorized 50.00M shares Point-in-time
Preferred stock, issued shares (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Loans receivable (net of allowance for loan losses of $55,294 and $54,590, respectively) NotesReceivableNet $21.56B USD Point-in-time
Preferred stock, issued shares (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Loans receivable (net of allowance for loan losses of $55,294 and $54,590, respectively) NotesReceivableNet $21.81B USD Point-in-time
Preferred stock, outstanding shares (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred stock, outstanding shares (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Cash and cash equivalents - not held at a related party CashAndCashEquivalentsNotHeldAtRelatedParty $6.98M USD Point-in-time
Cash and cash equivalents - not held at a related party CashAndCashEquivalentsNotHeldAtRelatedParty $17.20M USD Point-in-time
Cash and cash equivalents - held at a related party CashAndCashEquivalentsRelatedParty $52.09M USD Point-in-time
Cash and cash equivalents - held at a related party CashAndCashEquivalentsRelatedParty $59.77M USD Point-in-time
Total cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $69.29M USD Point-in-time
Total cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $66.75M USD Point-in-time
Total cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $69.65M USD Point-in-time
Total cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $108.16M USD Point-in-time
Investments and notes receivable InvestmentsAndNotesReceivables $258.43M USD Point-in-time
Investments and notes receivable InvestmentsAndNotesReceivables $240.54M USD Point-in-time
Restricted cash RestrictedCashAndInvestments $688.19M USD Point-in-time
Restricted cash RestrictedCashAndInvestments $727.47M USD Point-in-time
Restricted cash due to customers RestrictedCashDueToCustomers $187.12M USD Point-in-time
Restricted cash due to customers RestrictedCashDueToCustomers $128.51M USD Point-in-time
Restricted cash due to customers RestrictedCashDueToCustomers $93.70M USD Point-in-time
Restricted cash due to customers RestrictedCashDueToCustomers $119.70M USD Point-in-time
Accrued interest receivable InterestReceivable $430.38M USD Point-in-time
Accrued interest receivable InterestReceivable $489.39M USD Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $1,627 and $1,436, respectively) AccountsReceivableNet $37.86M USD Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $1,627 and $1,436, respectively) AccountsReceivableNet $61.39M USD Point-in-time
Goodwill Goodwill $158.46M USD Point-in-time
Goodwill Goodwill $138.76M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $38.43M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $107.19M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $299.84M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $248.05M USD Point-in-time
Other assets OtherAssets $73.02M USD Point-in-time
Other assets OtherAssets $34.51M USD Point-in-time
Fair value of derivative instruments DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue $818.00K USD Point-in-time
Fair value of derivative instruments DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue $1.89M USD Point-in-time
Total assets Assets $23.96B USD Point-in-time
Total assets Assets $23.90B USD Point-in-time
Total assets Assets $26.14B USD Point-in-time
Bonds and notes payable DebtAndCapitalLeaseObligations $21.36B USD Point-in-time
Bonds and notes payable DebtAndCapitalLeaseObligations $21.23B USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $54.25M USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $50.04M USD Point-in-time
Other liabilities OtherLiabilities $198.25M USD Point-in-time
Other liabilities OtherLiabilities $237.46M USD Point-in-time
Due to customers PayablesToCustomers $187.12M USD Point-in-time
Due to customers PayablesToCustomers $128.51M USD Point-in-time
Fair value of derivative instruments DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue $7.06M USD Point-in-time
Fair value of derivative instruments DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue $5.60M USD Point-in-time
Total liabilities Liabilities $21.80B USD Point-in-time
Total liabilities Liabilities $21.65B USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Preferred stock PreferredStockValue - USD Point-in-time
Preferred stock PreferredStockValue - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $521.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $448.00K USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.14B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.23B USD Point-in-time
Accumulated other comprehensive earnings AccumulatedOtherComprehensiveIncomeLossNetOfTax $3.02M USD Point-in-time
Accumulated other comprehensive earnings AccumulatedOtherComprehensiveIncomeLossNetOfTax $4.62M USD Point-in-time
Total Nelnet, Inc. shareholders' equity StockholdersEquity $2.24B USD Point-in-time
Total Nelnet, Inc. shareholders' equity StockholdersEquity $2.15B USD Point-in-time
Noncontrolling interests MinorityInterest $15.86M USD Point-in-time
Noncontrolling interests MinorityInterest $9.47M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.25B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.17B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.07B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.13B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $23.90B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $23.96B USD Point-in-time
Income Statement 58 line items
Line Item Tag Value Unit Period
Loan interest LoanInterest $197.72M USD 1 Quarter
Loan interest LoanInterest $181.21M USD 1 Quarter
Investment interest InvestmentIncomeInterest $2.62M USD 1 Quarter
Investment interest InvestmentIncomeInterest $5.13M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $202.86M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $183.82M USD 1 Quarter
Interest on bonds and notes payable InterestExpense $106.90M USD 1 Quarter
Interest on bonds and notes payable InterestExpense $135.55M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $76.92M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $67.31M USD 1 Quarter
Less provision for loan losses ProvisionForLoanLeaseAndOtherLosses $4.00M USD 1 Quarter
Less provision for loan losses ProvisionForLoanLeaseAndOtherLosses $1.00M USD 1 Quarter
Net interest income (loss) after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $75.92M USD 1 Quarter
Net interest income (loss) after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $63.31M USD 1 Quarter
Loan servicing and systems revenue ServicingFeesNet $100.14M USD 1 Quarter
Loan servicing and systems revenue ServicingFeesNet $54.23M USD 1 Quarter
Education technology, services, and payment processing revenue EducationTechnologyServicesAndPaymentProcessingRevenue $60.22M USD 1 Quarter
Education technology, services, and payment processing revenue EducationTechnologyServicesAndPaymentProcessingRevenue $56.02M USD 1 Quarter
Communications revenue Telecommunicationsrevenue $9.19M USD 1 Quarter
Communications revenue Telecommunicationsrevenue $5.11M USD 1 Quarter
Other income OtherIncome $18.20M USD 1 Quarter
Other income OtherIncome $12.63M USD 1 Quarter
Gain from debt repurchases GainLossOnRepurchaseOfDebtInstrument $4.98M USD 1 Quarter
Gain from debt repurchases GainLossOnRepurchaseOfDebtInstrument $359.00K USD 1 Quarter
Derivative market value and foreign currency transaction adjustments and derivative settlements, net DerivativeMarketValueAndForeignCurrencyAdjustmentsAndDerivativeSettlementsNet $66.80M USD 1 Quarter
Derivative market value and foreign currency transaction adjustments and derivative settlements, net DerivativeMarketValueAndForeignCurrencyAdjustmentsAndDerivativeSettlementsNet $-4.83M USD 1 Quarter
Total other income NoninterestIncome $128.14M USD 1 Quarter
Total other income NoninterestIncome $254.91M USD 1 Quarter
Cost to provide education technology, services, and payment processing services CostsToProvideEducationTechnologyServicesAndPaymentProcessing $12.79M USD 1 Quarter
Cost to provide education technology, services, and payment processing services CostsToProvideEducationTechnologyServicesAndPaymentProcessing $13.68M USD 1 Quarter
Cost to provide communications services CostToProvideTelecommunicationsServices $3.72M USD 1 Quarter
Cost to provide communications services CostToProvideTelecommunicationsServices $1.95M USD 1 Quarter
Total cost of services CostOfServices $14.74M USD 1 Quarter
Total cost of services CostOfServices $17.40M USD 1 Quarter
Salaries and benefits LaborAndRelatedExpense $96.64M USD 1 Quarter
Salaries and benefits LaborAndRelatedExpense $71.86M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $8.60M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $18.46M USD 1 Quarter
Loan servicing fees Servicingexpenses $6.03M USD 1 Quarter
Loan servicing fees Servicingexpenses $3.14M USD 1 Quarter
Other expenses OtherExpenses $33.42M USD 1 Quarter
Other expenses OtherExpenses $26.16M USD 1 Quarter
Total operating expenses OperatingExpenses $112.65M USD 1 Quarter
Total operating expenses OperatingExpenses $151.65M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $149.16M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $76.67M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $35.98M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $28.75M USD 1 Quarter
Net income (loss) ProfitLoss $113.19M USD 1 Quarter
Net income (loss) ProfitLoss $47.92M USD 1 Quarter
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-2.11M USD 1 Quarter
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-740.00K USD 1 Quarter
Net income (loss) attributable to Nelnet, Inc. NetIncomeLoss $113.92M USD 1 Quarter
Net income (loss) attributable to Nelnet, Inc. NetIncomeLoss $50.03M USD 1 Quarter
Net income attributable to Nelnet, Inc. shareholders - basic and diluted (in dollars per share) EarningsPerShareBasicAndDiluted $2.78 USD 1 Quarter
Net income attributable to Nelnet, Inc. shareholders - basic and diluted (in dollars per share) EarningsPerShareBasicAndDiluted $1.18 USD 1 Quarter
Weighted average common shares outstanding - basic and diluted (in shares) WeightedAverageNumberOfShareOutstandingBasicAndDiluted 40.95M shares 1 Quarter
Weighted average common shares outstanding - basic and diluted (in shares) WeightedAverageNumberOfShareOutstandingBasicAndDiluted 42.29M shares 1 Quarter
Cash Flow Statement 94 line items
Line Item Tag Value Unit Period
Net income (loss) attributable to Nelnet, Inc. NetIncomeLoss $113.92M USD 1 Quarter
Net income (loss) attributable to Nelnet, Inc. NetIncomeLoss $50.03M USD 1 Quarter
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-2.11M USD 1 Quarter
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-740.00K USD 1 Quarter
Net income (loss) ProfitLoss $113.19M USD 1 Quarter
Net income (loss) ProfitLoss $47.92M USD 1 Quarter
Depreciation and amortization, including debt discounts and loan premiums and deferred origination costs DepreciationDepletionAndAmortization $34.31M USD 1 Quarter
Depreciation and amortization, including debt discounts and loan premiums and deferred origination costs DepreciationDepletionAndAmortization $43.30M USD 1 Quarter
Loan discount accretion StudentLoanDiscountAccretion $-11.69M USD 1 Quarter
Loan discount accretion StudentLoanDiscountAccretion $-12.01M USD 1 Quarter
Provision for loan losses ProvisionForLoanLeaseAndOtherLosses $4.00M USD 1 Quarter
Provision for loan losses ProvisionForLoanLeaseAndOtherLosses $1.00M USD 1 Quarter
Derivative market value adjustment DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $1.24M USD 1 Quarter
Derivative market value adjustment DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $60.03M USD 1 Quarter
Unrealized foreign currency transaction adjustment ForeignCurrencyTransactionGainLossUnrealized $-4.69M USD 1 Quarter
Unrealized foreign currency transaction adjustment ForeignCurrencyTransactionGainLossUnrealized - USD 1 Quarter
Proceeds from clearinghouse to settle variation margin, net ProceedsFromClearinghouse $62.69M USD 1 Quarter
Proceeds from clearinghouse to settle variation margin, net ProceedsFromClearinghouse - USD 1 Quarter
Gain from debt repurchases GainLossOnRepurchaseOfDebtInstrument $4.98M USD 1 Quarter
Gain from debt repurchases GainLossOnRepurchaseOfDebtInstrument $359.00K USD 1 Quarter
Gain from equity securities, net of losses EquitySecuritiesFVNIGainLoss $6.84M USD 1 Quarter
Gain from equity securities, net of losses EquitySecuritiesFVNIGainLoss - USD 1 Quarter
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $-1.75M USD 1 Quarter
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $16.88M USD 1 Quarter
Non-cash compensation expense ShareBasedCompensation $1.16M USD 1 Quarter
Non-cash compensation expense ShareBasedCompensation $1.12M USD 1 Quarter
Other OtherNoncashIncomeExpense $4.30M USD 1 Quarter
Other OtherNoncashIncomeExpense $-242.00K USD 1 Quarter
Increase in loan accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $59.04M USD 1 Quarter
Increase in loan accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $1.49M USD 1 Quarter
Decrease (increase) in accounts receivable IncreaseDecreaseInAccountsReceivable $-177.00K USD 1 Quarter
Decrease (increase) in accounts receivable IncreaseDecreaseInAccountsReceivable $282.00K USD 1 Quarter
Decrease (increase) in other assets IncreaseDecreaseInOtherOperatingAssets $1.40M USD 1 Quarter
Decrease (increase) in other assets IncreaseDecreaseInOtherOperatingAssets $-49.41M USD 1 Quarter
Increase in accrued interest payable IncreaseDecreaseInInterestPayableNet $4.21M USD 1 Quarter
Increase in accrued interest payable IncreaseDecreaseInInterestPayableNet $750.00K USD 1 Quarter
(Decrease) increase in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-36.20M USD 1 Quarter
(Decrease) increase in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $6.95M USD 1 Quarter
Decrease in due to customers IncreaseDecreaseInPayablesToCustomers $-26.00M USD 1 Quarter
Decrease in due to customers IncreaseDecreaseInPayablesToCustomers $-58.61M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $57.95M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $47.83M USD 1 Quarter
Purchases of loans PaymentsToAcquireFinanceReceivables $610.86M USD 1 Quarter
Purchases of loans PaymentsToAcquireFinanceReceivables $50.13M USD 1 Quarter
Net proceeds from loan repayments, claims, capitalized interest, and other ProceedsFromCollectionOfFinanceReceivables $953.70M USD 1 Quarter
Net proceeds from loan repayments, claims, capitalized interest, and other ProceedsFromCollectionOfFinanceReceivables $863.27M USD 1 Quarter
Purchases of available-for-sale securities PaymentsToAcquireAvailableForSaleSecurities $53.53M USD 1 Quarter
Purchases of available-for-sale securities PaymentsToAcquireAvailableForSaleSecurities $28.16M USD 1 Quarter
Proceeds from sales of available-for-sale securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $21.95M USD 1 Quarter
Proceeds from sales of available-for-sale securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $37.81M USD 1 Quarter
Purchases of investments and issuance of notes receivable PaymentsForProceedsFromOtherInvestingActivities $4.90M USD 1 Quarter
Purchases of investments and issuance of notes receivable PaymentsForProceedsFromOtherInvestingActivities $16.37M USD 1 Quarter
Proceeds from investments and notes receivable ProceedsFromInvestmentsAndNotesReceivables $1.60M USD 1 Quarter
Proceeds from investments and notes receivable ProceedsFromInvestmentsAndNotesReceivables $9.72M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $26.47M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $28.07M USD 1 Quarter
Business acquisition, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Business acquisition, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $109.15M USD 1 Quarter
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $102.33M USD 1 Quarter
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $858.09M USD 1 Quarter
Payments on bonds and notes payable RepaymentsOfDebtAndCapitalLeaseObligations $901.01M USD 1 Quarter
Payments on bonds and notes payable RepaymentsOfDebtAndCapitalLeaseObligations $1.13B USD 1 Quarter
Proceeds from issuance of bonds and notes payable ProceedsFromIssuanceOfDebt $37.50M USD 1 Quarter
Proceeds from issuance of bonds and notes payable ProceedsFromIssuanceOfDebt $756.70M USD 1 Quarter
Payments of debt issuance costs PaymentsOfDebtIssuanceCosts $364.00K USD 1 Quarter
Payments of debt issuance costs PaymentsOfDebtIssuanceCosts $1.65M USD 1 Quarter
Dividends paid PaymentsOfDividends $6.51M USD 1 Quarter
Dividends paid PaymentsOfDividends $5.90M USD 1 Quarter
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $11.42M USD 1 Quarter
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $1.37M USD 1 Quarter
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $274.00K USD 1 Quarter
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock - USD 1 Quarter
Acquisition of noncontrolling interest PaymentsToMinorityShareholders - USD 1 Quarter
Acquisition of noncontrolling interest PaymentsToMinorityShareholders $13.45M USD 1 Quarter
Issuance of noncontrolling interests ProceedsFromMinorityShareholders - USD 1 Quarter
Issuance of noncontrolling interests ProceedsFromMinorityShareholders $12.60M USD 1 Quarter
Distribution to noncontrolling interests PaymentsOfDividendsMinorityInterest $310.00K USD 1 Quarter
Distribution to noncontrolling interests PaymentsOfDividendsMinorityInterest $19.00K USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-1.09B USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-177.08M USD 1 Quarter
Net decrease in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-180.82M USD 1 Quarter
Net decrease in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-16.79M USD 1 Quarter
Cash, cash equivalents, and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $942.07M USD Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $989.49M USD Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $925.27M USD Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.17B USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $942.07M USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $989.49M USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $925.27M USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.17B USD Point-in-time
Cash disbursements made for interest InterestPaid $88.07M USD 1 Quarter
Cash disbursements made for interest InterestPaid $114.24M USD 1 Quarter
Cash (refunds received) disbursements made for income taxes, net IncomeTaxesPaidNet $1.18M USD 1 Quarter
Cash (refunds received) disbursements made for income taxes, net IncomeTaxesPaidNet $-30.57M USD 1 Quarter
Stockholders Equity 26 line items
Line Item Tag Value Unit Period
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.25B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.17B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.07B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.13B USD Point-in-time
Issuance of noncontrolling interests NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $26.00K USD 1 Quarter
Issuance of noncontrolling interests NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $12.63M USD 1 Quarter
Net income (loss) ProfitLoss $113.19M USD 1 Quarter
Net income (loss) ProfitLoss $47.92M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $-852.00K USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $585.00K USD 1 Quarter
Distribution to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $19.00K USD 1 Quarter
Distribution to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $310.00K USD 1 Quarter
Cash dividend on Class A and Class B common stock DividendsCommonStockCash $6.51M USD 1 Quarter
Cash dividend on Class A and Class B common stock DividendsCommonStockCash $5.90M USD 1 Quarter
Issuance of common stock, net of forfeitures StockIssuedDuringPeriodValueNewIssues $2.17M USD 1 Quarter
Issuance of common stock, net of forfeitures StockIssuedDuringPeriodValueNewIssues $2.09M USD 1 Quarter
Compensation expense for stock based awards AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.09M USD 1 Quarter
Compensation expense for stock based awards AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.10M USD 1 Quarter
Repurchase of common stock StockRepurchasedDuringPeriodValue $1.37M USD 1 Quarter
Repurchase of common stock StockRepurchasedDuringPeriodValue $11.42M USD 1 Quarter
Impact of adoption of new accounting standards CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption $1.26M USD Point-in-time
Acquisition of noncontrolling interest MinorityInterestDecreaseFromRedemptions $19.10M USD 1 Quarter
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.25B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.17B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.07B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.13B USD Point-in-time
Comprehensive Income 16 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $113.19M USD 1 Quarter
Net income (loss) ProfitLoss $47.92M USD 1 Quarter
Unrealized holding (losses) gains arising during period, net OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $1.26M USD 1 Quarter
Unrealized holding (losses) gains arising during period, net OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-1.06M USD 1 Quarter
Reclassification adjustment for gains recognized in net income, net of losses OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $47.00K USD 1 Quarter
Reclassification adjustment for gains recognized in net income, net of losses OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $331.00K USD 1 Quarter
Income tax effect OtherComprehensiveIncomeLossTax $-256.00K USD 1 Quarter
Income tax effect OtherComprehensiveIncomeLossTax $343.00K USD 1 Quarter
Total other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $-852.00K USD 1 Quarter
Total other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $585.00K USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $48.51M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $112.33M USD 1 Quarter
Comprehensive loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-740.00K USD 1 Quarter
Comprehensive loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-2.11M USD 1 Quarter
Comprehensive income attributable to Nelnet, Inc. ComprehensiveIncomeNetOfTax $50.61M USD 1 Quarter
Comprehensive income attributable to Nelnet, Inc. ComprehensiveIncomeNetOfTax $113.07M USD 1 Quarter

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

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