10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001258602-22-000042 |
| Period End Date | 20220331 |
| Filing Date | 20220509 |
| Fiscal Year | 2022 |
| Fiscal Period | Q1 |
| XBRL Instance | nni-20220331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
79 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for loan losses |
FinancingReceivableAllowanceForCreditLosses
|
$175.70M | USD | Point-in-time |
| Allowance for loan losses |
FinancingReceivableAllowanceForCreditLosses
|
$157.39M | USD | Point-in-time |
| Allowance for loan losses |
FinancingReceivableAllowanceForCreditLosses
|
$117.83M | USD | Point-in-time |
| Allowance for loan losses |
FinancingReceivableAllowanceForCreditLosses
|
$127.11M | USD | Point-in-time |
| Allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivable
|
$1.16M | USD | Point-in-time |
| Allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivable
|
$1.10M | 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 |
| 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 $117,825 and $127,113, respectively) |
NotesReceivableNet
|
$18.34B | USD | Point-in-time |
| Loans and accrued interest receivable (net of allowance for loan losses of $117,825 and $127,113, respectively) |
NotesReceivableNet
|
$17.62B | 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
|
$30.13M | USD | Point-in-time |
| Cash and cash equivalents - not held at a related party |
CashAndCashEquivalentsNotHeldAtRelatedParty
|
$36.11M | USD | Point-in-time |
| Cash and cash equivalents - held at a related party |
CashAndCashEquivalentsHeldAtRelatedParty
|
$126.67M | USD | Point-in-time |
| Cash and cash equivalents - held at a related party |
CashAndCashEquivalentsHeldAtRelatedParty
|
$95.44M | USD | Point-in-time |
| Total cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$144.23M | USD | Point-in-time |
| Total cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$121.25M | USD | Point-in-time |
| Total cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$125.56M | USD | Point-in-time |
| Total cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$162.78M | USD | Point-in-time |
| Investments |
Investments
|
$1.59B | USD | Point-in-time |
| Investments |
Investments
|
$1.65B | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$553.17M | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$757.95M | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$609.88M | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$741.98M | USD | Point-in-time |
| Restricted cash - due to customers |
RestrictedCashDueToCustomers
|
$283.97M | USD | Point-in-time |
| Restricted cash - due to customers |
RestrictedCashDueToCustomers
|
$256.93M | USD | Point-in-time |
| Restricted cash - due to customers |
RestrictedCashDueToCustomers
|
$193.08M | USD | Point-in-time |
| Restricted cash - due to customers |
RestrictedCashDueToCustomers
|
$326.64M | USD | Point-in-time |
| Accounts receivable (net of allowance for doubtful accounts of $1,098 and $1,160, respectively) |
AccountsReceivableNet
|
$144.90M | USD | Point-in-time |
| Accounts receivable (net of allowance for doubtful accounts of $1,098 and $1,160, respectively) |
AccountsReceivableNet
|
$163.31M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$142.09M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$142.09M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$52.03M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$49.54M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$119.41M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$120.78M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$82.89M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$83.60M | USD | Point-in-time |
| Total assets |
Assets
|
$22.17B | USD | Point-in-time |
| Total assets |
Assets
|
$20.99B | USD | Point-in-time |
| Total assets |
Assets
|
$21.68B | USD | Point-in-time |
| Bonds and notes payable |
LongTermDebt
|
$16.74B | USD | Point-in-time |
| Bonds and notes payable |
LongTermDebt
|
$17.63B | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$7.22M | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$4.57M | USD | Point-in-time |
| Bank deposits |
Deposits
|
$484.05M | USD | Point-in-time |
| Bank deposits |
Deposits
|
$344.31M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$379.23M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$400.52M | USD | Point-in-time |
| Due to customers |
PayablesToCustomers
|
$366.00M | USD | Point-in-time |
| Due to customers |
PayablesToCustomers
|
$276.19M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$17.90B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$18.73B | 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
|
$1.21M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$1.00M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$3.09B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$2.94B | USD | Point-in-time |
| Accumulated other comprehensive (loss) earnings, net |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-5.50M | USD | Point-in-time |
| Accumulated other comprehensive (loss) earnings, net |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$9.30M | USD | Point-in-time |
| Total Nelnet, Inc. shareholders' equity |
StockholdersEquity
|
$2.95B | USD | Point-in-time |
| Total Nelnet, Inc. shareholders' equity |
StockholdersEquity
|
$3.09B | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$-3.25M | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$1.63M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.09B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.95B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.63B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.75B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$20.99B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$21.68B | USD | Point-in-time |
Income Statement
50 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Loan interest |
LoanInterest
|
$124.12M | USD | 1 Quarter |
| Loan interest |
LoanInterest
|
$111.38M | USD | 1 Quarter |
| Investment interest |
InvestmentIncomeInterest
|
$13.82M | USD | 1 Quarter |
| Investment interest |
InvestmentIncomeInterest
|
$4.99M | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$129.10M | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$125.20M | USD | 1 Quarter |
| Interest expense on bonds and notes payable and bank deposits |
InterestExpense
|
$27.77M | USD | 1 Quarter |
| Interest expense on bonds and notes payable and bank deposits |
InterestExpense
|
$48.08M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$77.12M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$101.33M | USD | 1 Quarter |
| Negative provision for loan losses |
FinancingReceivableCreditLossIncludingOffBalanceLiabilitiesExpenseReversal
|
$-17.05M | USD | 1 Quarter |
| Negative provision for loan losses |
FinancingReceivableCreditLossIncludingOffBalanceLiabilitiesExpenseReversal
|
$-435.00K | USD | 1 Quarter |
| Net interest income after provision for loan losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$77.55M | USD | 1 Quarter |
| Net interest income after provision for loan losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$118.38M | USD | 1 Quarter |
| Other |
OtherIncomeExpenseOther
|
$9.88M | USD | 1 Quarter |
| Other |
OtherIncomeExpenseOther
|
$-2.17M | USD | 1 Quarter |
| Gain on sale of loans |
GainLossOnSalesOfLoansNet
|
- | USD | 1 Quarter |
| Gain on sale of loans |
GainLossOnSalesOfLoansNet
|
$2.99M | USD | 1 Quarter |
| Derivative market value adjustments and derivative settlements, net |
DerivativeMarketValueAdjustmentsAndDerivativeSettlementsNet
|
$142.93M | USD | 1 Quarter |
| Derivative market value adjustments and derivative settlements, net |
DerivativeMarketValueAdjustmentsAndDerivativeSettlementsNet
|
$34.51M | USD | 1 Quarter |
| Total other income/expense |
NoninterestIncome
|
$404.44M | USD | 1 Quarter |
| Total other income/expense |
NoninterestIncome
|
$239.11M | USD | 1 Quarter |
| Cost to provide education technology, services, and payment processing services |
CostOfGoodsAndServicesSold
|
$35.55M | USD | 1 Quarter |
| Cost to provide education technology, services, and payment processing services |
CostOfGoodsAndServicesSold
|
$27.05M | USD | 1 Quarter |
| Salaries and benefits |
LaborAndRelatedExpense
|
$115.79M | USD | 1 Quarter |
| Salaries and benefits |
LaborAndRelatedExpense
|
$149.41M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$20.18M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$16.96M | USD | 1 Quarter |
| Other expenses |
OtherExpenses
|
$36.70M | USD | 1 Quarter |
| Other expenses |
OtherExpenses
|
$39.50M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$205.87M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$172.67M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$240.58M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$157.76M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$34.86M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$55.70M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$184.89M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$122.90M | USD | 1 Quarter |
| Net loss attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-694.00K | USD | 1 Quarter |
| Net loss attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-1.76M | USD | 1 Quarter |
| Net income attributable to Nelnet, Inc. |
NetIncomeLoss
|
$123.60M | USD | 1 Quarter |
| Net income attributable to Nelnet, Inc. |
NetIncomeLoss
|
$186.65M | USD | 1 Quarter |
| Net income attributable to Nelnet, Inc. shareholders - basic (in dollars per share) |
EarningsPerShareBasic
|
$3.20 | USD | 1 Quarter |
| Net income attributable to Nelnet, Inc. shareholders - basic (in dollars per share) |
EarningsPerShareBasic
|
$4.91 | USD | 1 Quarter |
| Net income attributable to Nelnet, Inc. shareholders - diluted (in dollars per share) |
EarningsPerShareDiluted
|
$4.91 | USD | 1 Quarter |
| Net income attributable to Nelnet, Inc. shareholders - diluted (in dollars per share) |
EarningsPerShareDiluted
|
$3.20 | USD | 1 Quarter |
| Weighted-average common shares outstanding - basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
38.04M | shares | 1 Quarter |
| Weighted-average common shares outstanding - basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
38.60M | shares | 1 Quarter |
| Weighted-average common shares outstanding - diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
38.04M | shares | 1 Quarter |
| Weighted-average common shares outstanding - diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
38.60M | shares | 1 Quarter |
Cash Flow Statement
134 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Federal and state tax credit utilized |
TaxCreditCarryforwardAmount
|
$1.10M | USD | Point-in-time |
| Federal and state tax credit utilized |
TaxCreditCarryforwardAmount
|
$2.00M | USD | Point-in-time |
| Net income attributable to Nelnet, Inc. |
NetIncomeLoss
|
$123.60M | USD | 1 Quarter |
| Net income attributable to Nelnet, Inc. |
NetIncomeLoss
|
$186.65M | USD | 1 Quarter |
| Total cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$144.23M | USD | Point-in-time |
| Total cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$121.25M | USD | Point-in-time |
| Total cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$125.56M | USD | Point-in-time |
| Net loss attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-694.00K | USD | 1 Quarter |
| Total cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$162.78M | USD | Point-in-time |
| Net loss attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-1.76M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$184.89M | USD | 1 Quarter |
| Restricted cash |
RestrictedCash
|
$553.17M | USD | Point-in-time |
| Net income |
ProfitLoss
|
$122.90M | USD | 1 Quarter |
| Restricted cash |
RestrictedCash
|
$757.95M | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$609.88M | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$741.98M | USD | Point-in-time |
| Restricted cash - due to customers |
RestrictedCashDueToCustomers
|
$283.97M | USD | Point-in-time |
| Restricted cash - due to customers |
RestrictedCashDueToCustomers
|
$256.93M | USD | Point-in-time |
| Restricted cash - due to customers |
RestrictedCashDueToCustomers
|
$193.08M | USD | Point-in-time |
| Restricted cash - due to customers |
RestrictedCashDueToCustomers
|
$326.64M | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.18B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$958.39M | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.19B | USD | Point-in-time |
| Depreciation and amortization, including debt discounts and loan premiums and deferred origination costs |
DepreciationDepletionAndAmortization
|
$38.41M | USD | 1 Quarter |
| Depreciation and amortization, including debt discounts and loan premiums and deferred origination costs |
DepreciationDepletionAndAmortization
|
$36.34M | USD | 1 Quarter |
| Cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$947.19M | USD | Point-in-time |
| Loan discount accretion |
StudentLoanDiscountAccretion
|
$-7.22M | USD | 1 Quarter |
| Loan discount accretion |
StudentLoanDiscountAccretion
|
$-9.93M | USD | 1 Quarter |
| Negative provision for loan losses |
FinancingReceivableCreditLossIncludingOffBalanceLiabilitiesExpenseReversal
|
$-17.05M | USD | 1 Quarter |
| Negative provision for loan losses |
FinancingReceivableCreditLossIncludingOffBalanceLiabilitiesExpenseReversal
|
$-435.00K | USD | 1 Quarter |
| Derivative market value adjustments |
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
$145.73M | USD | 1 Quarter |
| Derivative market value adjustments |
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
$38.81M | USD | 1 Quarter |
| Proceeds from clearinghouse - initial and variation margin, net of payments |
ProceedsFromPaymentsToClearinghouse
|
$149.65M | USD | 1 Quarter |
| Proceeds from clearinghouse - initial and variation margin, net of payments |
ProceedsFromPaymentsToClearinghouse
|
$38.08M | USD | 1 Quarter |
| Gain on sale of loans |
GainLossOnSalesOfLoansNet
|
- | USD | 1 Quarter |
| Gain on sale of loans |
GainLossOnSalesOfLoansNet
|
$2.99M | USD | 1 Quarter |
| Loss on investments, net |
GainLossOnInvestmentsAndNotesReceivable
|
$-2.80M | USD | 1 Quarter |
| Loss on investments, net |
GainLossOnInvestmentsAndNotesReceivable
|
$-13.85M | USD | 1 Quarter |
| Proceeds from sale (purchases) of equity securities, net |
IncreaseDecreaseInEquitySecuritiesFvNi
|
$-572.00K | USD | 1 Quarter |
| Proceeds from sale (purchases) of equity securities, net |
IncreaseDecreaseInEquitySecuritiesFvNi
|
$13.51M | USD | 1 Quarter |
| Deferred income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$39.44M | USD | 1 Quarter |
| Deferred income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$15.40M | USD | 1 Quarter |
| Non-cash compensation expense |
ShareBasedCompensation
|
$2.05M | USD | 1 Quarter |
| Non-cash compensation expense |
ShareBasedCompensation
|
$2.92M | USD | 1 Quarter |
| Negative provision for beneficial interests |
ProvisionNegativeProvisionForBeneficialInterests
|
$-2.44M | USD | 1 Quarter |
| Negative provision for beneficial interests |
ProvisionNegativeProvisionForBeneficialInterests
|
- | USD | 1 Quarter |
| Decrease (increase) in loan and investment accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$-10.69M | USD | 1 Quarter |
| Decrease (increase) in loan and investment accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$114.00K | USD | 1 Quarter |
| Decrease (increase) in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-18.44M | USD | 1 Quarter |
| Decrease (increase) in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$3.83M | USD | 1 Quarter |
| (Increase) decrease in other assets, net |
IncreaseDecreaseInOtherOperatingAssets
|
$-5.15M | USD | 1 Quarter |
| (Increase) decrease in other assets, net |
IncreaseDecreaseInOtherOperatingAssets
|
$1.96M | USD | 1 Quarter |
| Decrease in the carrying amount of ROU asset, net |
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
|
$-1.42M | USD | 1 Quarter |
| Decrease in the carrying amount of ROU asset, net |
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
|
$-1.44M | USD | 1 Quarter |
| Increase (decrease) in accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$-23.17M | USD | 1 Quarter |
| Increase (decrease) in accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$2.65M | USD | 1 Quarter |
| Decrease in other liabilities, net |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-10.38M | USD | 1 Quarter |
| Decrease in other liabilities, net |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-11.82M | USD | 1 Quarter |
| Decrease in the carrying amount of lease liability |
IncreaseDecreaseInOperatingLeaseLiability
|
$-1.50M | USD | 1 Quarter |
| Decrease in the carrying amount of lease liability |
IncreaseDecreaseInOperatingLeaseLiability
|
$-1.25M | USD | 1 Quarter |
| Decrease in due to customers |
IncreaseDecreaseInPayablesToCustomers
|
$-89.88M | USD | 1 Quarter |
| Decrease in due to customers |
IncreaseDecreaseInPayablesToCustomers
|
$-70.85M | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
- | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$110.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$48.66M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$185.47M | USD | 1 Quarter |
| Purchases and originations of loans |
PaymentsToAcquireFinanceReceivables
|
$152.33M | USD | 1 Quarter |
| Purchases and originations of loans |
PaymentsToAcquireFinanceReceivables
|
$161.33M | USD | 1 Quarter |
| Purchases of loans from a related party |
PaymentsToFundLongtermLoansToRelatedParties
|
$1.05M | USD | 1 Quarter |
| Purchases of loans from a related party |
PaymentsToFundLongtermLoansToRelatedParties
|
$19.73M | USD | 1 Quarter |
| Net proceeds from loan repayments, claims, and capitalized interest |
ProceedsFromCollectionOfFinanceReceivables
|
$848.19M | USD | 1 Quarter |
| Net proceeds from loan repayments, claims, and capitalized interest |
ProceedsFromCollectionOfFinanceReceivables
|
$637.27M | USD | 1 Quarter |
| Proceeds from sale of loans |
ProceedsFromSaleOfFinanceReceivables
|
$15.17M | USD | 1 Quarter |
| Proceeds from sale of loans |
ProceedsFromSaleOfFinanceReceivables
|
- | USD | 1 Quarter |
| Purchases of available-for-sale securities |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$139.19M | USD | 1 Quarter |
| Purchases of available-for-sale securities |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$44.34M | USD | 1 Quarter |
| Proceeds from sales of available-for-sale securities |
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
$113.98M | USD | 1 Quarter |
| Proceeds from sales of available-for-sale securities |
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
$18.08M | USD | 1 Quarter |
| Proceeds from beneficial interest in loan securitizations |
ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables
|
$8.60M | USD | 1 Quarter |
| Proceeds from beneficial interest in loan securitizations |
ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables
|
$7.27M | USD | 1 Quarter |
| Purchases of other investments |
PaymentsToAcquireOtherInvestments
|
$71.59M | USD | 1 Quarter |
| Purchases of other investments |
PaymentsToAcquireOtherInvestments
|
$73.94M | USD | 1 Quarter |
| Proceeds from other investments |
ProceedsFromSaleOfOtherInvestments
|
$110.29M | USD | 1 Quarter |
| Proceeds from other investments |
ProceedsFromSaleOfOtherInvestments
|
$9.78M | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$17.90M | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$15.79M | USD | 1 Quarter |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$603.07M | USD | 1 Quarter |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$468.36M | USD | 1 Quarter |
| Payments on bonds and notes payable |
RepaymentsOfDebtAndCapitalLeaseObligations
|
$584.30M | USD | 1 Quarter |
| Payments on bonds and notes payable |
RepaymentsOfDebtAndCapitalLeaseObligations
|
$918.27M | USD | 1 Quarter |
| Proceeds from issuance of bonds and notes payable |
ProceedsFromIssuanceOfDebt
|
$7.80M | USD | 1 Quarter |
| Proceeds from issuance of bonds and notes payable |
ProceedsFromIssuanceOfDebt
|
$13.51M | USD | 1 Quarter |
| Payments of debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$312.00K | USD | 1 Quarter |
| Payments of debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$614.00K | USD | 1 Quarter |
| Increase in bank deposits, net |
IncreaseDecreaseInDeposits
|
$57.20M | USD | 1 Quarter |
| Increase in bank deposits, net |
IncreaseDecreaseInDeposits
|
$139.73M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$9.06M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$8.44M | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$2.01M | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$32.90M | USD | 1 Quarter |
| Proceeds from issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$435.00K | USD | 1 Quarter |
| Proceeds from issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$381.00K | USD | 1 Quarter |
| Issuance of noncontrolling interests |
ProceedsFromMinorityShareholders
|
$2.00M | USD | 1 Quarter |
| Issuance of noncontrolling interests |
ProceedsFromMinorityShareholders
|
$1.94M | USD | 1 Quarter |
| Distribution to noncontrolling interests |
PaymentsOfDividendsMinorityInterest
|
$365.00K | USD | 1 Quarter |
| Distribution to noncontrolling interests |
PaymentsOfDividendsMinorityInterest
|
$102.00K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-805.23M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-528.15M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$-77.00K | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$169.00K | USD | 1 Quarter |
| Net decrease in cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-11.20M | USD | 1 Quarter |
| Net decrease in cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-16.52M | USD | 1 Quarter |
| Cash, cash equivalents, and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.18B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$958.39M | 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
|
$947.19M | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.18B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$958.39M | 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
|
$947.19M | USD | Point-in-time |
| Cash disbursements made for interest |
InterestPaidNet
|
$33.90M | USD | 1 Quarter |
| Cash disbursements made for interest |
InterestPaidNet
|
$39.69M | USD | 1 Quarter |
| Cash disbursements made for income taxes, net of refunds and credits received |
IncomeTaxesPaidNet
|
$466.00K | USD | 1 Quarter |
| Cash disbursements made for income taxes, net of refunds and credits received |
IncomeTaxesPaidNet
|
$199.00K | USD | 1 Quarter |
| Cash disbursements made for operating leases |
OperatingLeasePayments
|
$2.10M | USD | 1 Quarter |
| Cash disbursements made for operating leases |
OperatingLeasePayments
|
$1.89M | USD | 1 Quarter |
| ROU assets obtained in exchange for lease obligations |
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
$746.00K | USD | 1 Quarter |
| ROU assets obtained in exchange for lease obligations |
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
$740.00K | USD | 1 Quarter |
| Receipt of beneficial interest in consumer loan securitization |
ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset
|
- | USD | 1 Quarter |
| Receipt of beneficial interest in consumer loan securitization |
ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset
|
$3.66M | USD | 1 Quarter |
| Distribution to noncontrolling interests |
NoncashDistributionsToNoncontrollingInterestHolders
|
- | USD | 1 Quarter |
| Distribution to noncontrolling interests |
NoncashDistributionsToNoncontrollingInterestHolders
|
$4.76M | USD | 1 Quarter |
| Issuance of noncontrolling interests |
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
$540.00K | USD | 1 Quarter |
| Issuance of noncontrolling interests |
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
- | USD | 1 Quarter |
Stockholders Equity
26 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.09B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.95B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.63B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.75B | USD | Point-in-time |
| Issuance of noncontrolling interests |
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
|
$2.00M | USD | 1 Quarter |
| Issuance of noncontrolling interests |
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
|
$1.40M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$184.89M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$122.90M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$2.92M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-14.80M | USD | 1 Quarter |
| Distribution to noncontrolling interests |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$5.12M | USD | 1 Quarter |
| Distribution to noncontrolling interests |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$102.00K | USD | 1 Quarter |
| Cash dividend on Class A and Class B common stock |
DividendsCommonStockCash
|
$8.44M | USD | 1 Quarter |
| Cash dividend on Class A and Class B common stock |
DividendsCommonStockCash
|
$9.06M | USD | 1 Quarter |
| Issuance of common stock, net of forfeitures |
StockIssuedDuringPeriodValueNewIssues
|
$4.38M | USD | 1 Quarter |
| Issuance of common stock, net of forfeitures |
StockIssuedDuringPeriodValueNewIssues
|
$2.09M | USD | 1 Quarter |
| Compensation expense for stock based awards |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.99M | USD | 1 Quarter |
| Compensation expense for stock based awards |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$2.84M | USD | 1 Quarter |
| Repurchase of common stock |
StockRepurchasedDuringPeriodValue
|
$32.90M | USD | 1 Quarter |
| Repurchase of common stock |
StockRepurchasedDuringPeriodValue
|
$2.01M | USD | 1 Quarter |
| Conversion of common stock |
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
- | USD | 1 Quarter |
| Conversion of common stock |
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
- | USD | 1 Quarter |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.09B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.95B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.63B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.75B | USD | Point-in-time |
Comprehensive Income
20 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$184.89M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$122.90M | USD | 1 Quarter |
| Net changes related to foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$9.00K | USD | 1 Quarter |
| Net changes related to foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$1.00K | USD | 1 Quarter |
| Unrealized holding (losses) gains arising during period, net |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-16.70M | USD | 1 Quarter |
| Unrealized holding (losses) gains arising during period, net |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$4.35M | USD | 1 Quarter |
| Reclassification of gains recognized in net income, net of losses |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$508.00K | USD | 1 Quarter |
| Reclassification of gains recognized in net income, net of losses |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$2.79M | USD | 1 Quarter |
| Income tax effect |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
|
$922.00K | USD | 1 Quarter |
| Income tax effect |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
|
$-4.68M | USD | 1 Quarter |
| Unrealized gains (losses) during period after reclassifications and tax |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$2.92M | USD | 1 Quarter |
| Unrealized gains (losses) during period after reclassifications and tax |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$-14.81M | USD | 1 Quarter |
| Other comprehensive (loss) income |
OtherComprehensiveIncomeLossNetOfTax
|
$2.92M | USD | 1 Quarter |
| Other comprehensive (loss) income |
OtherComprehensiveIncomeLossNetOfTax
|
$-14.80M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$170.08M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$125.82M | USD | 1 Quarter |
| Comprehensive loss attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-1.76M | USD | 1 Quarter |
| Comprehensive loss attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-694.00K | USD | 1 Quarter |
| Comprehensive income attributable to Nelnet, Inc. |
ComprehensiveIncomeNetOfTax
|
$126.52M | USD | 1 Quarter |
| Comprehensive income attributable to Nelnet, Inc. |
ComprehensiveIncomeNetOfTax
|
$171.84M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.