10-Q Filing

NELNET INC CIK: 1258602 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001258602-20-000083`
Period End Date	20200930
Filing Date	20201105
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	nni-20200930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 96 Cash Flow Statement 130 Stockholders Equity 46 Comprehensive Income 32

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLosses`	$209.44M	USD	Point-in-time
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLosses`	$61.91M	USD	Point-in-time
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLosses`	$66.42M	USD	Point-in-time
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLosses`	$60.39M	USD	Point-in-time
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLosses`	$62.59M	USD	Point-in-time
Allowance for loan losses	`FinancingReceivableAllowanceForCreditLosses`	$185.90M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$4.46M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$3.73M	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
Loans and accrued interest receivable (net of allowance for loan losses of $185,899 and $61,914, respectively)	`NotesReceivableNet`	$21.40B	USD	Point-in-time
Preferred stock, issued shares (in shares)	`PreferredStockSharesIssued`	0.00	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 $185,899 and $61,914, respectively)	`NotesReceivableNet`	$20.08B	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`	$32.00M	USD	Point-in-time
Cash and cash equivalents - not held at a related party	`CashAndCashEquivalentsNotHeldAtRelatedParty`	$13.92M	USD	Point-in-time
Cash and cash equivalents - held at a related party	`CashAndCashEquivalentsHeldAtRelatedParty`	$64.32M	USD	Point-in-time
Cash and cash equivalents - held at a related party	`CashAndCashEquivalentsHeldAtRelatedParty`	$119.98M	USD	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$160.98M	USD	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$121.35M	USD	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$96.32M	USD	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$133.91M	USD	Point-in-time
Investments	`Investments`	$247.10M	USD	Point-in-time
Investments	`Investments`	$476.83M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$650.94M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$701.37M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$667.92M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$519.14M	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`	$309.31M	USD	Point-in-time
Restricted cash - due to customers	`RestrictedCashDueToCustomers`	$286.08M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $3,731 and $4,455, respectively)	`AccountsReceivableNet`	$69.92M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $3,731 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`	$58.70M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$81.53M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$360.49M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$348.26M	USD	Point-in-time
Other assets	`OtherAssets`	$121.60M	USD	Point-in-time
Other assets	`OtherAssets`	$134.31M	USD	Point-in-time
Total assets	`Assets`	$23.94B	USD	Point-in-time
Total assets	`Assets`	$23.71B	USD	Point-in-time
Total assets	`Assets`	$22.22B	USD	Point-in-time
Bonds and notes payable	`LongTermDebt`	$19.22B	USD	Point-in-time
Bonds and notes payable	`LongTermDebt`	$20.53B	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$29.61M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$47.28M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$303.78M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$288.95M	USD	Point-in-time
Due to customers	`PayablesToCustomers`	$437.76M	USD	Point-in-time
Due to customers	`PayablesToCustomers`	$286.08M	USD	Point-in-time
Total liabilities	`Liabilities`	$19.82B	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`	$1.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.71M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.38B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.39B	USD	Point-in-time
Accumulated other comprehensive earnings	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.97M	USD	Point-in-time
Accumulated other comprehensive earnings	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.28M	USD	Point-in-time
Total Nelnet, Inc. shareholders' equity	`StockholdersEquity`	$2.39B	USD	Point-in-time
Total Nelnet, Inc. shareholders' equity	`StockholdersEquity`	$2.40B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$4.38M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$3.35M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.39B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.31B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.33B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.34B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.40B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.35B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$22.22B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$23.71B	USD	Point-in-time

Income Statement 96 line items

Line Item	Tag	Value	Unit	Period
Loan interest	`LoanInterest`	$134.51M	USD	1 Quarter
Loan interest	`LoanInterest`	$462.44M	USD	3 Qtrs
Loan interest	`LoanInterest`	$709.62M	USD	3 Qtrs
Loan interest	`LoanInterest`	$229.06M	USD	1 Quarter
Investment interest	`InvestmentIncomeInterest`	$18.38M	USD	3 Qtrs
Investment interest	`InvestmentIncomeInterest`	$5.24M	USD	1 Quarter
Investment interest	`InvestmentIncomeInterest`	$9.88M	USD	1 Quarter
Investment interest	`InvestmentIncomeInterest`	$26.70M	USD	3 Qtrs
Total interest income	`InterestAndDividendIncomeOperating`	$736.32M	USD	3 Qtrs
Total interest income	`InterestAndDividendIncomeOperating`	$238.94M	USD	1 Quarter
Total interest income	`InterestAndDividendIncomeOperating`	$139.75M	USD	1 Quarter
Total interest income	`InterestAndDividendIncomeOperating`	$480.82M	USD	3 Qtrs
Interest on bonds and notes payable	`InterestExpense`	$551.22M	USD	3 Qtrs
Interest on bonds and notes payable	`InterestExpense`	$58.42M	USD	1 Quarter
Interest on bonds and notes payable	`InterestExpense`	$277.79M	USD	3 Qtrs
Interest on bonds and notes payable	`InterestExpense`	$172.49M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$185.10M	USD	3 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$203.03M	USD	3 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$66.46M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$81.32M	USD	1 Quarter
Less (negative provision) provision for loan losses	`ProvisionForLoanLeaseAndOtherLosses`	$10.00M	USD	1 Quarter
Less (negative provision) provision for loan losses	`ProvisionForLoanLeaseAndOtherLosses`	$-5.82M	USD	1 Quarter
Less (negative provision) provision for loan losses	`ProvisionForLoanLeaseAndOtherLosses`	$73.48M	USD	3 Qtrs
Less (negative provision) provision for loan losses	`ProvisionForLoanLeaseAndOtherLosses`	$26.00M	USD	3 Qtrs
Net interest income after provision for loan losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$56.46M	USD	1 Quarter
Net interest income after provision for loan losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$159.10M	USD	3 Qtrs
Net interest income after provision for loan losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$87.14M	USD	1 Quarter
Net interest income after provision for loan losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$129.55M	USD	3 Qtrs
Gain on sale of loans	`GainLossOnSalesOfLoansNet`	-	USD	1 Quarter
Gain on sale of loans	`GainLossOnSalesOfLoansNet`	$33.02M	USD	3 Qtrs
Gain on sale of loans	`GainLossOnSalesOfLoansNet`	$1.71M	USD	3 Qtrs
Gain on sale of loans	`GainLossOnSalesOfLoansNet`	$14.82M	USD	1 Quarter
Other income	`OtherIncome`	$36.95M	USD	3 Qtrs
Other income	`OtherIncome`	$13.44M	USD	1 Quarter
Other income	`OtherIncome`	$69.91M	USD	3 Qtrs
Other income	`OtherIncome`	$1.50M	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	$34.42M	USD	3 Qtrs
Impairment expense	`AssetImpairmentCharges`	-	USD	3 Qtrs
Impairment expense	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	-	USD	1 Quarter
Derivative market value adjustments and derivative settlements, net	`DerivativeMarketValueAdjustmentsAndDerivativeSettlementsNet`	$-13.41M	USD	3 Qtrs
Derivative market value adjustments and derivative settlements, net	`DerivativeMarketValueAdjustmentsAndDerivativeSettlementsNet`	$-33.96M	USD	3 Qtrs
Derivative market value adjustments and derivative settlements, net	`DerivativeMarketValueAdjustmentsAndDerivativeSettlementsNet`	$1.67M	USD	1 Quarter
Derivative market value adjustments and derivative settlements, net	`DerivativeMarketValueAdjustmentsAndDerivativeSettlementsNet`	$1.05M	USD	1 Quarter
Total other income/expense	`NoninterestIncome`	$607.39M	USD	3 Qtrs
Total other income/expense	`NoninterestIncome`	$219.11M	USD	1 Quarter
Total other income/expense	`NoninterestIncome`	$667.17M	USD	3 Qtrs
Total other income/expense	`NoninterestIncome`	$225.49M	USD	1 Quarter
Cost of services	`CostOfGoodsAndServicesSold`	$30.91M	USD	1 Quarter
Cost of services	`CostOfGoodsAndServicesSold`	$80.66M	USD	3 Qtrs
Cost of services	`CostOfGoodsAndServicesSold`	$77.70M	USD	3 Qtrs
Cost of services	`CostOfGoodsAndServicesSold`	$31.16M	USD	1 Quarter
Salaries and benefits	`LaborAndRelatedExpense`	$338.94M	USD	3 Qtrs
Salaries and benefits	`LaborAndRelatedExpense`	$365.22M	USD	3 Qtrs
Salaries and benefits	`LaborAndRelatedExpense`	$116.67M	USD	1 Quarter
Salaries and benefits	`LaborAndRelatedExpense`	$126.10M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$27.70M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$30.31M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$87.35M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$76.40M	USD	3 Qtrs
Other expenses	`OtherExpenses`	$147.56M	USD	3 Qtrs
Other expenses	`OtherExpenses`	$34.74M	USD	1 Quarter
Other expenses	`OtherExpenses`	$115.18M	USD	3 Qtrs
Other expenses	`OtherExpenses`	$58.33M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$567.75M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$562.90M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$191.15M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$202.70M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$148.31M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$90.33M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$41.96M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$125.89M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$19.16M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$8.83M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$26.43M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$30.29M	USD	3 Qtrs
Net income	`ProfitLoss`	$118.02M	USD	3 Qtrs
Net income	`ProfitLoss`	$33.13M	USD	1 Quarter
Net income	`ProfitLoss`	$71.18M	USD	1 Quarter
Net income	`ProfitLoss`	$99.46M	USD	3 Qtrs
Net loss (income) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$568.00K	USD	3 Qtrs
Net loss (income) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$38.00K	USD	3 Qtrs
Net loss (income) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-77.00K	USD	1 Quarter
Net loss (income) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-327.00K	USD	1 Quarter
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$71.50M	USD	1 Quarter
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$99.42M	USD	3 Qtrs
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$33.21M	USD	1 Quarter
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$117.45M	USD	3 Qtrs
Net (loss) income attributable to Nelnet, Inc. shareholders - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$1.86	USD	1 Quarter
Net (loss) income attributable to Nelnet, Inc. shareholders - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$2.99	USD	3 Qtrs
Net (loss) income attributable to Nelnet, Inc. shareholders - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$2.48	USD	3 Qtrs
Net (loss) income attributable to Nelnet, Inc. shareholders - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.83	USD	1 Quarter
Weighted average common shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	40.10M	shares	3 Qtrs
Weighted average common shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	39.23M	shares	3 Qtrs
Weighted average common shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	38.54M	shares	1 Quarter
Weighted average common shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	39.88M	shares	1 Quarter

Cash Flow Statement 130 line items

Line Item	Tag	Value	Unit	Period
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$71.50M	USD	1 Quarter
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$99.42M	USD	3 Qtrs
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$33.21M	USD	1 Quarter
Net income attributable to Nelnet, Inc.	`NetIncomeLoss`	$117.45M	USD	3 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$568.00K	USD	3 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$38.00K	USD	3 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-77.00K	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-327.00K	USD	1 Quarter
Net income	`ProfitLoss`	$118.02M	USD	3 Qtrs
Net income	`ProfitLoss`	$33.13M	USD	1 Quarter
Net income	`ProfitLoss`	$71.18M	USD	1 Quarter
Net income	`ProfitLoss`	$99.46M	USD	3 Qtrs
Depreciation and amortization, including debt discounts and loan premiums and deferred origination costs	`DepreciationDepletionAndAmortization`	$142.52M	USD	3 Qtrs
Depreciation and amortization, including debt discounts and loan premiums and deferred origination costs	`DepreciationDepletionAndAmortization`	$149.18M	USD	3 Qtrs
Loan discount accretion	`StudentLoanDiscountAccretion`	$-27.55M	USD	3 Qtrs
Loan discount accretion	`StudentLoanDiscountAccretion`	$-27.81M	USD	3 Qtrs
Provision for loan losses	`ProvisionForLoanLeaseAndOtherLosses`	$10.00M	USD	1 Quarter
Provision for loan losses	`ProvisionForLoanLeaseAndOtherLosses`	$-5.82M	USD	1 Quarter
Provision for loan losses	`ProvisionForLoanLeaseAndOtherLosses`	$73.48M	USD	3 Qtrs
Provision for loan losses	`ProvisionForLoanLeaseAndOtherLosses`	$26.00M	USD	3 Qtrs
Derivative market value adjustments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-73.27M	USD	3 Qtrs
Derivative market value adjustments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-21.07M	USD	3 Qtrs
Payments from termination of derivative instruments, net	`ProceedsFromPaymentsForTerminationOfDerivativeInstrument`	$-13.94M	USD	3 Qtrs
Payments from termination of derivative instruments, net	`ProceedsFromPaymentsForTerminationOfDerivativeInstrument`	-	USD	3 Qtrs
Payments to clearinghouse - initial and variation margin, net	`ProceedsFromPaymentsToClearinghouse`	$-20.41M	USD	3 Qtrs
Payments to clearinghouse - initial and variation margin, net	`ProceedsFromPaymentsToClearinghouse`	$-59.97M	USD	3 Qtrs
Gain on sale of loans	`GainLossOnSalesOfLoansNet`	-	USD	1 Quarter
Gain on sale of loans	`GainLossOnSalesOfLoansNet`	$33.02M	USD	3 Qtrs
Gain on sale of loans	`GainLossOnSalesOfLoansNet`	$1.71M	USD	3 Qtrs
Gain on sale of loans	`GainLossOnSalesOfLoansNet`	$14.82M	USD	1 Quarter
Gain from investments, net	`GainLossOnInvestmentsAndNotesReceivable`	$4.89M	USD	3 Qtrs
Gain from investments, net	`GainLossOnInvestmentsAndNotesReceivable`	$37.77M	USD	3 Qtrs
(Gain) loss on repurchases and extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$508.00K	USD	3 Qtrs
(Gain) loss on repurchases and extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$-15.68M	USD	3 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-9.59M	USD	3 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-10.97M	USD	3 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$5.54M	USD	3 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$4.95M	USD	3 Qtrs
Impairment expense	`AssetImpairmentCharges`	$34.42M	USD	3 Qtrs
Impairment expense	`AssetImpairmentCharges`	-	USD	3 Qtrs
Impairment expense	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	-	USD	1 Quarter
Increase in loan and investment accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$57.86M	USD	3 Qtrs
Increase in loan and investment accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$27.19M	USD	3 Qtrs
Decrease (increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.64M	USD	3 Qtrs
Decrease (increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-45.48M	USD	3 Qtrs
Decrease (increase) in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$-19.49M	USD	3 Qtrs
Decrease (increase) in other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$28.65M	USD	3 Qtrs
Decrease in the carrying amount of ROU asset	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$-6.53M	USD	3 Qtrs
Decrease in the carrying amount of ROU asset	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$-9.15M	USD	3 Qtrs
Decrease in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$-17.67M	USD	3 Qtrs
Decrease in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$-9.33M	USD	3 Qtrs
Increase in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$32.73M	USD	3 Qtrs
Increase in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$62.76M	USD	3 Qtrs
Decrease in the carrying amount of lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-6.73M	USD	3 Qtrs
Decrease in the carrying amount of lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-8.48M	USD	3 Qtrs
Decrease in due to customers	`IncreaseDecreaseInPayablesToCustomers`	$-151.67M	USD	3 Qtrs
Decrease in due to customers	`IncreaseDecreaseInPayablesToCustomers`	$-60.37M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$173.03M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$142.92M	USD	3 Qtrs
Purchases of loans	`PaymentsToAcquireFinanceReceivables`	$1.03B	USD	3 Qtrs
Purchases of loans	`PaymentsToAcquireFinanceReceivables`	$1.36B	USD	3 Qtrs
Purchases of loans from a related party	`PaymentsToFundLongtermLoansToRelatedParties`	$75.12M	USD	3 Qtrs
Purchases of loans from a related party	`PaymentsToFundLongtermLoansToRelatedParties`	$32.58M	USD	3 Qtrs
Net proceeds from loan repayments, claims, and capitalized interest	`ProceedsFromCollectionOfFinanceReceivables`	$2.21B	USD	3 Qtrs
Net proceeds from loan repayments, claims, and capitalized interest	`ProceedsFromCollectionOfFinanceReceivables`	$2.63B	USD	3 Qtrs
Proceeds from sale of loans	`ProceedsFromSaleOfFinanceReceivables`	$42.22M	USD	3 Qtrs
Proceeds from sale of loans	`ProceedsFromSaleOfFinanceReceivables`	$136.13M	USD	3 Qtrs
Purchases of available-for-sale securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$221.43M	USD	3 Qtrs
Purchases of available-for-sale securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.01M	USD	3 Qtrs
Proceeds from sales of available-for-sale securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$169.00K	USD	3 Qtrs
Proceeds from sales of available-for-sale securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$97.28M	USD	3 Qtrs
Proceeds from beneficial interest in loan securitizations	`ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables`	$34.37M	USD	3 Qtrs
Proceeds from beneficial interest in loan securitizations	`ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables`	$2.17M	USD	3 Qtrs
Purchases of other investments	`PaymentsForProceedsFromOtherInvestingActivities`	$122.58M	USD	3 Qtrs
Purchases of other investments	`PaymentsForProceedsFromOtherInvestingActivities`	$70.60M	USD	3 Qtrs
Proceeds from other investments	`ProceedsFromInvestmentsAndNotesReceivables`	$52.65M	USD	3 Qtrs
Proceeds from other investments	`ProceedsFromInvestmentsAndNotesReceivables`	$8.53M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$80.70M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$67.68M	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.19B	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$953.64M	USD	3 Qtrs
Payments on bonds and notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$3.72B	USD	3 Qtrs
Payments on bonds and notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$2.80B	USD	3 Qtrs
Proceeds from issuance of bonds and notes payable	`ProceedsFromIssuanceOfDebt`	$1.46B	USD	3 Qtrs
Proceeds from issuance of bonds and notes payable	`ProceedsFromIssuanceOfDebt`	$2.41B	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$7.14M	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$10.53M	USD	3 Qtrs
Payments to extinguish debt	`PaymentsOfDebtExtinguishmentCosts`	$14.03M	USD	3 Qtrs
Payments to extinguish debt	`PaymentsOfDebtExtinguishmentCosts`	-	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$21.55M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$23.34M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$73.14M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$40.26M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.25M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.17M	USD	3 Qtrs
Acquisition of noncontrolling interest	`PaymentsToMinorityShareholders`	-	USD	3 Qtrs
Acquisition of noncontrolling interest	`PaymentsToMinorityShareholders`	$2.00M	USD	3 Qtrs
Issuance of noncontrolling interests	`ProceedsFromMinorityShareholders`	-	USD	3 Qtrs
Issuance of noncontrolling interests	`ProceedsFromMinorityShareholders`	$4.14M	USD	3 Qtrs
Distribution to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$173.00K	USD	3 Qtrs
Distribution to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$660.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.45B	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.39B	USD	3 Qtrs
Net decrease in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-54.18M	USD	3 Qtrs
Net decrease in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-321.06M	USD	3 Qtrs
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.14B	USD	Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$901.54M	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`	$1.22B	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.14B	USD	Point-in-time
Cash, cash equivalents, and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$901.54M	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`	$1.22B	USD	Point-in-time
Cash disbursements made for interest	`InterestPaid`	$259.12M	USD	3 Qtrs
Cash disbursements made for interest	`InterestPaid`	$518.56M	USD	3 Qtrs
Cash disbursements made for income taxes, net of refunds and credits received	`IncomeTaxesPaidNet`	$13.41M	USD	3 Qtrs
Cash disbursements made for income taxes, net of refunds and credits received	`IncomeTaxesPaidNet`	$14.82M	USD	3 Qtrs
Cash disbursements made for operating leases	`OperatingLeasePayments`	$7.31M	USD	3 Qtrs
Cash disbursements made for operating leases	`OperatingLeasePayments`	$9.46M	USD	3 Qtrs
ROU assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$7.97M	USD	3 Qtrs
ROU assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$4.16M	USD	3 Qtrs
Receipt of beneficial interest in consumer loan securitizations	`ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset`	$52.50M	USD	3 Qtrs
Receipt of beneficial interest in consumer loan securitizations	`ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset`	$7.92M	USD	3 Qtrs
Distribution to noncontrolling interest	`NoncashDistributionsToNoncontrollingInterestHolders`	$3.81M	USD	3 Qtrs
Distribution to noncontrolling interest	`NoncashDistributionsToNoncontrollingInterestHolders`	$260.00K	USD	3 Qtrs
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.14B	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$901.54M	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.19B	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.22B	USD	Point-in-time

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.39B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.31B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.33B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.34B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.40B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.35B	USD	Point-in-time
Issuance of noncontrolling interests	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$4.17M	USD	1 Quarter
Issuance of noncontrolling interests	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$4.22M	USD	3 Qtrs
Issuance of noncontrolling interests	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$14.00K	USD	1 Quarter
Issuance of noncontrolling interests	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$66.00K	USD	3 Qtrs
Net income	`ProfitLoss`	$118.02M	USD	3 Qtrs
Net income	`ProfitLoss`	$33.13M	USD	1 Quarter
Net income	`ProfitLoss`	$71.18M	USD	1 Quarter
Net income	`ProfitLoss`	$99.46M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$1.05M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$1.31M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-254.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-993.00K	USD	3 Qtrs
Distribution to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$920.00K	USD	3 Qtrs
Distribution to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$331.00K	USD	1 Quarter
Distribution to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.98M	USD	3 Qtrs
Distribution to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.87M	USD	1 Quarter
Cash dividend on Class A and Class B common stock	`DividendsCommonStockCash`	$23.34M	USD	3 Qtrs
Cash dividend on Class A and Class B common stock	`DividendsCommonStockCash`	$7.14M	USD	1 Quarter
Cash dividend on Class A and Class B common stock	`DividendsCommonStockCash`	$7.66M	USD	1 Quarter
Cash dividend on Class A and Class B common stock	`DividendsCommonStockCash`	$21.55M	USD	3 Qtrs
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$524.00K	USD	1 Quarter
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$5.16M	USD	3 Qtrs
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$553.00K	USD	1 Quarter
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$4.40M	USD	3 Qtrs
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.46M	USD	3 Qtrs
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.66M	USD	3 Qtrs
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.71M	USD	1 Quarter
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.86M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$40.26M	USD	3 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$73.14M	USD	3 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$4.62M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$221.00K	USD	1 Quarter
Conversion of common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	3 Qtrs
Acquisition of noncontrolling interest	`NoncontrollingInterestDecreaseFromDeconsolidation`	$2.00M	USD	3 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.39B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.31B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.33B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.34B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.40B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.35B	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$118.02M	USD	3 Qtrs
Net income	`ProfitLoss`	$33.13M	USD	1 Quarter
Net income	`ProfitLoss`	$71.18M	USD	1 Quarter
Net income	`ProfitLoss`	$99.46M	USD	3 Qtrs
Unrealized holding gains (losses) arising during period, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$2.11M	USD	3 Qtrs
Unrealized holding gains (losses) arising during period, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-1.31M	USD	3 Qtrs
Unrealized holding gains (losses) arising during period, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$1.89M	USD	1 Quarter
Unrealized holding gains (losses) arising during period, net	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-334.00K	USD	1 Quarter
Reclassification adjustment for (gains) losses recognized in net income, net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$513.00K	USD	1 Quarter
Reclassification adjustment for (gains) losses recognized in net income, net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$390.00K	USD	3 Qtrs
Reclassification adjustment for (gains) losses recognized in net income, net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	-	USD	3 Qtrs
Reclassification adjustment for (gains) losses recognized in net income, net	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	-	USD	1 Quarter
Income tax effect	`OtherComprehensiveIncomeLossTax`	$412.00K	USD	3 Qtrs
Income tax effect	`OtherComprehensiveIncomeLossTax`	$-80.00K	USD	1 Quarter
Income tax effect	`OtherComprehensiveIncomeLossTax`	$329.00K	USD	1 Quarter
Income tax effect	`OtherComprehensiveIncomeLossTax`	$-313.00K	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.05M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.31M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-254.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-993.00K	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$72.23M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$98.47M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$32.88M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$119.33M	USD	3 Qtrs
Comprehensive loss (income) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-327.00K	USD	1 Quarter
Comprehensive loss (income) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$568.00K	USD	3 Qtrs
Comprehensive loss (income) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$38.00K	USD	3 Qtrs
Comprehensive loss (income) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-77.00K	USD	1 Quarter
Comprehensive income attributable to Nelnet, Inc.	`ComprehensiveIncomeNetOfTax`	$98.43M	USD	3 Qtrs
Comprehensive income attributable to Nelnet, Inc.	`ComprehensiveIncomeNetOfTax`	$118.76M	USD	3 Qtrs
Comprehensive income attributable to Nelnet, Inc.	`ComprehensiveIncomeNetOfTax`	$72.55M	USD	1 Quarter
Comprehensive income attributable to Nelnet, Inc.	`ComprehensiveIncomeNetOfTax`	$32.96M	USD	1 Quarter

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