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10-Q Filing

NELNET INC CIK: 1258602 Q1 2020
Filing Information
Form Type 10-Q
Accession Number 0001258602-20-000045
Period End Date 20200331
Filing Date 20200507
Fiscal Year 2020
Fiscal Period Q1
XBRL Instance nni-20200331_htm.xml
Balance Sheet 77 line items
Line Item Tag Value Unit Period
Allowance for loan losses FinancingReceivableAllowanceForCreditLosses $60.39M USD Point-in-time
Allowance for loan losses FinancingReceivableAllowanceForCreditLosses $61.78M USD Point-in-time
Allowance for loan losses FinancingReceivableAllowanceForCreditLosses $208.87M USD Point-in-time
Allowance for loan losses FinancingReceivableAllowanceForCreditLosses $61.91M USD Point-in-time
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivable $5.14M USD Point-in-time
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivable $4.46M 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 and accrued interest receivable (net of allowance for loan losses of $208,868 and $61,914, respectively) NotesReceivableNet $21.40B USD Point-in-time
Preferred stock, issued shares (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Loans and accrued interest receivable (net of allowance for loan losses of $208,868 and $61,914, respectively) NotesReceivableNet $21.16B 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 $13.92M USD Point-in-time
Cash and cash equivalents - not held at a related party CashAndCashEquivalentsNotHeldAtRelatedParty $16.05M USD Point-in-time
Cash and cash equivalents - held at a related party CashAndCashEquivalentsRelatedParty $119.98M USD Point-in-time
Cash and cash equivalents - held at a related party CashAndCashEquivalentsRelatedParty $188.80M USD Point-in-time
Total cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $121.35M USD Point-in-time
Total cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $133.91M USD Point-in-time
Total cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $74.88M USD Point-in-time
Total cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $204.84M USD Point-in-time
Investments Investments $247.10M USD Point-in-time
Investments Investments $253.94M USD Point-in-time
Restricted cash RestrictedCash $701.37M USD Point-in-time
Restricted cash RestrictedCash $760.27M USD Point-in-time
Restricted cash RestrictedCash $650.94M USD Point-in-time
Restricted cash RestrictedCash $675.59M USD Point-in-time
Restricted cash - due to customers RestrictedCashDueToCustomers $216.47M USD Point-in-time
Restricted cash - due to customers RestrictedCashDueToCustomers $369.68M USD Point-in-time
Restricted cash - due to customers RestrictedCashDueToCustomers $437.76M USD Point-in-time
Restricted cash - due to customers RestrictedCashDueToCustomers $219.91M USD Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $5,142 and $4,455, respectively) AccountsReceivableNet $63.21M USD Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $5,142 and $4,455, respectively) AccountsReceivableNet $115.39M USD Point-in-time
Goodwill Goodwill $156.91M USD Point-in-time
Goodwill Goodwill $156.91M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $81.53M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $74.13M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $348.26M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $351.10M USD Point-in-time
Other assets OtherAssets $134.31M USD Point-in-time
Other assets OtherAssets $122.80M USD Point-in-time
Total assets Assets $23.71B USD Point-in-time
Total assets Assets $24.72B USD Point-in-time
Total assets Assets $23.28B USD Point-in-time
Bonds and notes payable LongTermDebt $20.53B USD Point-in-time
Bonds and notes payable LongTermDebt $20.47B USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $47.28M USD Point-in-time
Accrued interest payable InterestPayableCurrentAndNoncurrent $43.87M USD Point-in-time
Other liabilities OtherLiabilities $303.78M USD Point-in-time
Other liabilities OtherLiabilities $224.32M USD Point-in-time
Due to customers PayablesToCustomers $219.91M USD Point-in-time
Due to customers PayablesToCustomers $437.76M USD Point-in-time
Total liabilities Liabilities $20.95B USD Point-in-time
Total liabilities Liabilities $21.32B USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Preferred stock, $0.01 par value. Authorized 50,000,000 shares; no shares issued or outstanding PreferredStockValue - USD Point-in-time
Preferred stock, $0.01 par value. Authorized 50,000,000 shares; no shares issued or outstanding PreferredStockValue - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $9.14M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $5.71M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.31B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.38B USD Point-in-time
Accumulated other comprehensive earnings AccumulatedOtherComprehensiveIncomeLossNetOfTax $859.00K USD Point-in-time
Accumulated other comprehensive earnings AccumulatedOtherComprehensiveIncomeLossNetOfTax $2.97M USD Point-in-time
Total Nelnet, Inc. shareholders' equity StockholdersEquity $2.32B USD Point-in-time
Total Nelnet, Inc. shareholders' equity StockholdersEquity $2.39B USD Point-in-time
Noncontrolling interests MinorityInterest $5.12M USD Point-in-time
Noncontrolling interests MinorityInterest $4.38M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.33B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.33B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.39B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.31B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $23.28B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $23.71B USD Point-in-time
Income Statement 48 line items
Line Item Tag Value Unit Period
Loan interest LoanInterest $181.79M USD 1 Quarter
Loan interest LoanInterest $242.33M USD 1 Quarter
Investment interest InvestmentIncomeInterest $8.25M USD 1 Quarter
Investment interest InvestmentIncomeInterest $7.40M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $250.59M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $189.19M USD 1 Quarter
Interest on bonds and notes payable InterestExpense $134.12M USD 1 Quarter
Interest on bonds and notes payable InterestExpense $191.77M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $55.07M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $58.82M USD 1 Quarter
Less provision for loan losses ProvisionForLoanLeaseAndOtherLosses $76.30M USD 1 Quarter
Less provision for loan losses ProvisionForLoanLeaseAndOtherLosses $7.00M USD 1 Quarter
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $51.82M USD 1 Quarter
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $-21.23M USD 1 Quarter
Gain on sale of loans GainLossOnSalesOfLoansNet $18.21M USD 1 Quarter
Gain on sale of loans GainLossOnSalesOfLoansNet - USD 1 Quarter
Other income OtherIncome $9.07M USD 1 Quarter
Other income OtherIncome $8.28M USD 1 Quarter
Impairment expense AssetImpairmentCharges - USD 1 Quarter
Impairment expense AssetImpairmentCharges $34.09M USD 1 Quarter
Derivative market value adjustments and derivative settlements, net DerivativeMarketValueAdjustmentsAndDerivativeSettlementsNet $-16.36M USD 1 Quarter
Derivative market value adjustments and derivative settlements, net DerivativeMarketValueAdjustmentsAndDerivativeSettlementsNet $-11.54M USD 1 Quarter
Total other income/expense NoninterestIncome $206.13M USD 1 Quarter
Total other income/expense NoninterestIncome $190.63M USD 1 Quarter
Cost of services CostOfGoodsAndServicesSold $28.39M USD 1 Quarter
Cost of services CostOfGoodsAndServicesSold $25.82M USD 1 Quarter
Salaries and benefits LaborAndRelatedExpense $119.88M USD 1 Quarter
Salaries and benefits LaborAndRelatedExpense $111.06M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $27.65M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $24.21M USD 1 Quarter
Other expenses OtherExpenses $43.82M USD 1 Quarter
Other expenses OtherExpenses $43.38M USD 1 Quarter
Total operating expenses OperatingExpenses $179.09M USD 1 Quarter
Total operating expenses OperatingExpenses $190.91M USD 1 Quarter
(Loss) income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $53.04M USD 1 Quarter
(Loss) income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-49.90M USD 1 Quarter
Income tax benefit (expense) IncomeTaxExpenseBenefit $-10.13M USD 1 Quarter
Income tax benefit (expense) IncomeTaxExpenseBenefit $11.39M USD 1 Quarter
Net (loss) income ProfitLoss $-39.77M USD 1 Quarter
Net (loss) income ProfitLoss $41.65M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $56.00K USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $767.00K USD 1 Quarter
Net (loss) income attributable to Nelnet, Inc. NetIncomeLoss $41.59M USD 1 Quarter
Net (loss) income attributable to Nelnet, Inc. NetIncomeLoss $-40.53M USD 1 Quarter
Net (loss) income attributable to Nelnet, Inc. shareholders - basic and diluted (in dollars per share) EarningsPerShareBasicAndDiluted $-1.01 USD 1 Quarter
Net (loss) income attributable to Nelnet, Inc. shareholders - basic and diluted (in dollars per share) EarningsPerShareBasicAndDiluted $1.03 USD 1 Quarter
Weighted average common shares outstanding - basic and diluted (in shares) WeightedAverageNumberOfShareOutstandingBasicAndDiluted 40.37M shares 1 Quarter
Weighted average common shares outstanding - basic and diluted (in shares) WeightedAverageNumberOfShareOutstandingBasicAndDiluted 39.96M shares 1 Quarter
Cash Flow Statement 110 line items
Line Item Tag Value Unit Period
Net (loss) income attributable to Nelnet, Inc. NetIncomeLoss $41.59M USD 1 Quarter
Net (loss) income attributable to Nelnet, Inc. NetIncomeLoss $-40.53M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $56.00K USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $767.00K USD 1 Quarter
Net (loss) income ProfitLoss $-39.77M USD 1 Quarter
Net (loss) income ProfitLoss $41.65M USD 1 Quarter
Depreciation and amortization, including debt discounts and loan premiums and deferred origination costs DepreciationDepletionAndAmortization $46.95M USD 1 Quarter
Depreciation and amortization, including debt discounts and loan premiums and deferred origination costs DepreciationDepletionAndAmortization $48.76M USD 1 Quarter
Loan discount accretion StudentLoanDiscountAccretion $-9.69M USD 1 Quarter
Loan discount accretion StudentLoanDiscountAccretion $-9.44M USD 1 Quarter
Provision for loan losses ProvisionForLoanLeaseAndOtherLosses $76.30M USD 1 Quarter
Provision for loan losses ProvisionForLoanLeaseAndOtherLosses $7.00M USD 1 Quarter
Derivative market value adjustments DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $-20.60M USD 1 Quarter
Derivative market value adjustments DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $-30.57M USD 1 Quarter
Proceeds from termination of derivative instruments ProceedsFromTerminationOfDerivativeInstrument $2.12M USD 1 Quarter
Proceeds from termination of derivative instruments ProceedsFromTerminationOfDerivativeInstrument - USD 1 Quarter
Payments to clearinghouse - initial and variation margin, net ProceedsFromPaymentsToClearinghouse $-13.97M USD 1 Quarter
Payments to clearinghouse - initial and variation margin, net ProceedsFromPaymentsToClearinghouse $-20.39M USD 1 Quarter
Gain from sale of loans GainLossOnSalesOfLoansNet $18.21M USD 1 Quarter
Gain from sale of loans GainLossOnSalesOfLoansNet - USD 1 Quarter
Loss from investments, net GainLossOnInvestmentsAndNotesReceivable $-4.05M USD 1 Quarter
Loss from investments, net GainLossOnInvestmentsAndNotesReceivable $-1.15M USD 1 Quarter
Deferred income tax benefit DeferredIncomeTaxExpenseBenefit $-26.00M USD 1 Quarter
Deferred income tax benefit DeferredIncomeTaxExpenseBenefit $-2.81M USD 1 Quarter
Non-cash compensation expense ShareBasedCompensation $1.86M USD 1 Quarter
Non-cash compensation expense ShareBasedCompensation $1.48M USD 1 Quarter
Impairment expense AssetImpairmentCharges - USD 1 Quarter
Impairment expense AssetImpairmentCharges $34.09M USD 1 Quarter
Increase in accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $36.72M USD 1 Quarter
Increase in accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $33.17M USD 1 Quarter
Decrease (increase) in accounts receivable IncreaseDecreaseInAccountsReceivable $-52.19M USD 1 Quarter
Decrease (increase) in accounts receivable IncreaseDecreaseInAccountsReceivable $16.57M USD 1 Quarter
Decrease (increase) in other assets, net IncreaseDecreaseInOtherOperatingAssets $-31.36M USD 1 Quarter
Decrease (increase) in other assets, net IncreaseDecreaseInOtherOperatingAssets $33.44M USD 1 Quarter
(Increase) decrease in the carrying amount of ROU asset, net IncreaseDecreaseInOperatingLeaseRightOfUseAsset $1.00M USD 1 Quarter
(Increase) decrease in the carrying amount of ROU asset, net IncreaseDecreaseInOperatingLeaseRightOfUseAsset $-1.10M USD 1 Quarter
(Decrease) increase in accrued interest payable IncreaseDecreaseInInterestPayableNet $-3.41M USD 1 Quarter
(Decrease) increase in accrued interest payable IncreaseDecreaseInInterestPayableNet $479.00K USD 1 Quarter
Decrease in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-3.68M USD 1 Quarter
Decrease in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-42.05M USD 1 Quarter
Decrease in the carrying amount of lease liability, net IncreaseDecreaseInOperatingLeaseLiability $-2.38M USD 1 Quarter
Decrease in the carrying amount of lease liability, net IncreaseDecreaseInOperatingLeaseLiability $-2.06M USD 1 Quarter
Decrease in due to customers IncreaseDecreaseInPayablesToCustomers $-153.21M USD 1 Quarter
Decrease in due to customers IncreaseDecreaseInPayablesToCustomers $-217.85M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-139.66M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-144.46M USD 1 Quarter
Purchases of loans PaymentsToAcquireFinanceReceivables $317.92M USD 1 Quarter
Purchases of loans PaymentsToAcquireFinanceReceivables $409.40M USD 1 Quarter
Purchases of loans from a related party PaymentsToFundLongtermLoansToRelatedParties $26.71M USD 1 Quarter
Purchases of loans from a related party PaymentsToFundLongtermLoansToRelatedParties $41.22M USD 1 Quarter
Net proceeds from loan repayments, claims, and capitalized interest ProceedsFromCollectionOfFinanceReceivables $517.35M USD 1 Quarter
Net proceeds from loan repayments, claims, and capitalized interest ProceedsFromCollectionOfFinanceReceivables $770.00M USD 1 Quarter
Proceeds from sale of loans ProceedsFromSaleOfFinanceReceivables - USD 1 Quarter
Proceeds from sale of loans ProceedsFromSaleOfFinanceReceivables $90.46M USD 1 Quarter
Purchases of available-for-sale securities PaymentsToAcquireAvailableForSaleSecuritiesDebt - USD 1 Quarter
Purchases of available-for-sale securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $29.66M USD 1 Quarter
Proceeds from sales of available-for-sale securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities - USD 1 Quarter
Proceeds from sales of available-for-sale securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $22.20M USD 1 Quarter
Purchases of other investments PaymentsForProceedsFromOtherInvestingActivities $32.89M USD 1 Quarter
Purchases of other investments PaymentsForProceedsFromOtherInvestingActivities $15.97M USD 1 Quarter
Proceeds from beneficial interest in loan securitizations ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables $11.26M USD 1 Quarter
Proceeds from beneficial interest in loan securitizations ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables - USD 1 Quarter
Proceeds from other investments ProceedsFromInvestmentsAndNotesReceivables $3.13M USD 1 Quarter
Proceeds from other investments ProceedsFromInvestmentsAndNotesReceivables $1.72M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $25.56M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $24.81M USD 1 Quarter
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $386.30M USD 1 Quarter
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $105.67M USD 1 Quarter
Payments on bonds and notes payable RepaymentsOfDebtAndCapitalLeaseObligations $932.01M USD 1 Quarter
Payments on bonds and notes payable RepaymentsOfDebtAndCapitalLeaseObligations $1.26B USD 1 Quarter
Proceeds from issuance of bonds and notes payable ProceedsFromIssuanceOfDebt $570.53M USD 1 Quarter
Proceeds from issuance of bonds and notes payable ProceedsFromIssuanceOfDebt $1.19B USD 1 Quarter
Payments of debt issuance costs PaymentsOfDebtIssuanceCosts $4.85M USD 1 Quarter
Payments of debt issuance costs PaymentsOfDebtIssuanceCosts $2.78M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $7.23M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $7.95M USD 1 Quarter
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $16.36M USD 1 Quarter
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $1.25M USD 1 Quarter
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $411.00K USD 1 Quarter
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $461.00K USD 1 Quarter
Distribution to noncontrolling interests PaymentsOfDividendsMinorityInterest $22.00K USD 1 Quarter
Distribution to noncontrolling interests PaymentsOfDividendsMinorityInterest $22.00K USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-387.40M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-83.48M USD 1 Quarter
Net decrease in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-122.26M USD 1 Quarter
Net decrease in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-140.77M USD 1 Quarter
Cash, cash equivalents, and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.22B USD Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.19B USD Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.10B USD Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.05B USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.22B USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.19B USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.10B USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.05B USD Point-in-time
Cash disbursements made for interest InterestPaid $125.18M USD 1 Quarter
Cash disbursements made for interest InterestPaid $176.88M USD 1 Quarter
Cash disbursements made (refunds and credits received) for income taxes, net IncomeTaxesPaidNet $80.00K USD 1 Quarter
Cash disbursements made (refunds and credits received) for income taxes, net IncomeTaxesPaidNet $-9.00K USD 1 Quarter
Cash disbursements made for operating leases OperatingLeasePayments $2.38M USD 1 Quarter
Cash disbursements made for operating leases OperatingLeasePayments $2.70M USD 1 Quarter
ROU assets obtained in exchange for lease obligations RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $3.23M USD 1 Quarter
ROU assets obtained in exchange for lease obligations RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $1.41M USD 1 Quarter
Receipt of beneficial interest in consumer loan securitization ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset $38.49M USD 1 Quarter
Receipt of beneficial interest in consumer loan securitization ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset - USD 1 Quarter
Distribution to noncontrolling interest NoncashDistributionsToNoncontrollingInterestHolders - USD 1 Quarter
Distribution to noncontrolling interest NoncashDistributionsToNoncontrollingInterestHolders $33.00K USD 1 Quarter
Cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.22B USD Point-in-time
Cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.19B USD Point-in-time
Cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.10B USD Point-in-time
Cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.05B USD Point-in-time
Stockholders Equity 24 line items
Line Item Tag Value Unit Period
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.33B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.33B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.39B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.31B USD Point-in-time
Issuance of noncontrolling interests NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $26.00K USD 1 Quarter
Issuance of noncontrolling interests NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $26.00K USD 1 Quarter
Net (loss) income ProfitLoss $-39.77M USD 1 Quarter
Net (loss) income ProfitLoss $41.65M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-2.11M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-331.00K USD 1 Quarter
Distribution to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $55.00K USD 1 Quarter
Distribution to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $22.00K USD 1 Quarter
Cash dividend on Class A and Class B common stock DividendsCommonStockCash $7.95M USD 1 Quarter
Cash dividend on Class A and Class B common stock DividendsCommonStockCash $7.23M USD 1 Quarter
Issuance of common stock, net of forfeitures StockIssuedDuringPeriodValueNewIssues $2.94M USD 1 Quarter
Issuance of common stock, net of forfeitures StockIssuedDuringPeriodValueNewIssues $2.49M USD 1 Quarter
Compensation expense for stock based awards AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.37M USD 1 Quarter
Compensation expense for stock based awards AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.74M USD 1 Quarter
Repurchase of common stock StockRepurchasedDuringPeriodValue $16.36M USD 1 Quarter
Repurchase of common stock StockRepurchasedDuringPeriodValue $1.25M USD 1 Quarter
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.33B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.33B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.39B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.31B USD Point-in-time
Comprehensive Income 16 line items
Line Item Tag Value Unit Period
Net (loss) income ProfitLoss $-39.77M USD 1 Quarter
Net (loss) income ProfitLoss $41.65M USD 1 Quarter
Unrealized holding losses arising during period, net of gains OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-3.02M USD 1 Quarter
Unrealized holding losses arising during period, net of gains OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-436.00K USD 1 Quarter
Reclassification adjustment for losses recognized in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax - USD 1 Quarter
Reclassification adjustment for losses recognized in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $-235.00K USD 1 Quarter
Income tax effect OtherComprehensiveIncomeLossTax $-667.00K USD 1 Quarter
Income tax effect OtherComprehensiveIncomeLossTax $-105.00K USD 1 Quarter
Total other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-2.11M USD 1 Quarter
Total other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-331.00K USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $41.32M USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-41.88M USD 1 Quarter
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $767.00K USD 1 Quarter
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $56.00K USD 1 Quarter
Comprehensive (loss) income attributable to Nelnet, Inc. ComprehensiveIncomeNetOfTax $-42.65M USD 1 Quarter
Comprehensive (loss) income attributable to Nelnet, Inc. ComprehensiveIncomeNetOfTax $41.26M USD 1 Quarter

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

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