10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001258602-23-000048 |
| Period End Date | 20230331 |
| Filing Date | 20230508 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | nni-20230331_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
|
$117.83M | USD | Point-in-time |
| Allowance for loan losses |
FinancingReceivableAllowanceForCreditLosses
|
$131.83M | USD | Point-in-time |
| Allowance for loan losses |
FinancingReceivableAllowanceForCreditLosses
|
$127.11M | USD | Point-in-time |
| Allowance for loan losses |
FinancingReceivableAllowanceForCreditLosses
|
$134.70M | USD | Point-in-time |
| Allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivable
|
$3.08M | USD | Point-in-time |
| Allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivable
|
$3.84M | 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 $134,704 and $131,827, respectively) |
NotesReceivableNet
|
$14.56B | USD | Point-in-time |
| Loans and accrued interest receivable (net of allowance for loan losses of $134,704 and $131,827, respectively) |
NotesReceivableNet
|
$15.24B | 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
|
$26.54M | USD | Point-in-time |
| Cash and cash equivalents - not held at a related party |
CashAndCashEquivalentsNotHeldAtRelatedParty
|
$24.58M | USD | Point-in-time |
| Cash and cash equivalents - held at a related party |
CashAndCashEquivalentsHeldAtRelatedParty
|
$161.03M | USD | Point-in-time |
| Cash and cash equivalents - held at a related party |
CashAndCashEquivalentsHeldAtRelatedParty
|
$93.56M | 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 |
| Total cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$118.15M | USD | Point-in-time |
| Total cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$187.57M | USD | Point-in-time |
| Investments and notes receivable |
InvestmentsAndNotesReceivable
|
$2.11B | USD | Point-in-time |
| Investments and notes receivable |
InvestmentsAndNotesReceivable
|
$1.99B | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$945.16M | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$741.98M | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$757.95M | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$576.27M | USD | Point-in-time |
| Restricted cash - due to customers |
RestrictedCashDueToCustomers
|
$326.64M | USD | Point-in-time |
| Restricted cash - due to customers |
RestrictedCashDueToCustomers
|
$256.93M | USD | Point-in-time |
| Restricted cash - due to customers |
RestrictedCashDueToCustomers
|
$134.20M | USD | Point-in-time |
| Restricted cash - due to customers |
RestrictedCashDueToCustomers
|
$294.31M | USD | Point-in-time |
| Accounts receivable (net of allowance for doubtful accounts of $3,841 and $3,079, respectively) |
AccountsReceivableNet
|
$194.85M | USD | Point-in-time |
| Accounts receivable (net of allowance for doubtful accounts of $3,841 and $3,079, respectively) |
AccountsReceivableNet
|
$151.17M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$176.90M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$176.90M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$63.50M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$60.79M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$122.53M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$132.63M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$102.84M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$114.40M | USD | Point-in-time |
| Total assets |
Assets
|
$18.08B | USD | Point-in-time |
| Total assets |
Assets
|
$19.37B | USD | Point-in-time |
| Total assets |
Assets
|
$20.99B | USD | Point-in-time |
| Bonds and notes payable |
LongTermDebt
|
$13.44B | USD | Point-in-time |
| Bonds and notes payable |
LongTermDebt
|
$14.64B | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$36.05M | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$34.37M | USD | Point-in-time |
| Bank deposits |
Deposits
|
$675.77M | USD | Point-in-time |
| Bank deposits |
Deposits
|
$691.32M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$430.10M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$461.26M | USD | Point-in-time |
| Due to customers |
PayablesToCustomers
|
$280.62M | USD | Point-in-time |
| Due to customers |
PayablesToCustomers
|
$348.32M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$16.17B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$14.86B | 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
|
$1.11M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$4.64M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$3.25B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$3.23B | USD | Point-in-time |
| Accumulated other comprehensive loss, net |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-37.37M | USD | Point-in-time |
| Accumulated other comprehensive loss, net |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-27.01M | USD | Point-in-time |
| Total Nelnet, Inc. shareholders' equity |
StockholdersEquity
|
$3.23B | USD | Point-in-time |
| Total Nelnet, Inc. shareholders' equity |
StockholdersEquity
|
$3.20B | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$943.00K | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$-6.35M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.22B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.95B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.20B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.09B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$19.37B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$18.08B | USD | Point-in-time |
Income Statement
50 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Loan interest |
LoanInterest
|
$225.24M | USD | 1 Quarter |
| Loan interest |
LoanInterest
|
$111.38M | USD | 1 Quarter |
| Investment interest |
InvestmentIncomeInterest
|
$40.73M | USD | 1 Quarter |
| Investment interest |
InvestmentIncomeInterest
|
$13.82M | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$265.97M | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$125.20M | USD | 1 Quarter |
| Interest expense on bonds and notes payable and bank deposits |
InterestExpense
|
$48.08M | USD | 1 Quarter |
| Interest expense on bonds and notes payable and bank deposits |
InterestExpense
|
$199.45M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$66.52M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$77.12M | USD | 1 Quarter |
| Less provision (negative provision) for loan losses |
FinancingReceivableCreditLossIncludingOffBalanceLiabilitiesExpenseReversal
|
$34.27M | USD | 1 Quarter |
| Less provision (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
|
$32.24M | USD | 1 Quarter |
| Other, net |
OtherIncomeExpenseOtherNet
|
$-14.07M | USD | 1 Quarter |
| Other, net |
OtherIncomeExpenseOtherNet
|
$9.88M | USD | 1 Quarter |
| Gain on sale of loans, net |
GainLossOnSalesOfLoansNet
|
$11.81M | USD | 1 Quarter |
| Gain on sale of loans, net |
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
|
$-14.07M | USD | 1 Quarter |
| Total other income (expense) |
NoninterestIncome
|
$404.44M | USD | 1 Quarter |
| Total other income (expense) |
NoninterestIncome
|
$265.15M | USD | 1 Quarter |
| Total cost of services |
CostOfGoodsAndServicesSold
|
$56.00M | USD | 1 Quarter |
| Total cost of services |
CostOfGoodsAndServicesSold
|
$35.55M | USD | 1 Quarter |
| Salaries and benefits |
LaborAndRelatedExpense
|
$149.41M | USD | 1 Quarter |
| Salaries and benefits |
LaborAndRelatedExpense
|
$152.71M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$16.96M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$16.63M | USD | 1 Quarter |
| Other expenses |
OtherExpenses
|
$39.50M | USD | 1 Quarter |
| Other expenses |
OtherExpenses
|
$40.78M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$205.87M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$210.12M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$31.27M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$240.58M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$8.25M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$55.70M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$184.89M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$23.02M | USD | 1 Quarter |
| Net loss attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-1.76M | USD | 1 Quarter |
| Net loss attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-3.47M | USD | 1 Quarter |
| Net income attributable to Nelnet, Inc. |
NetIncomeLoss
|
$186.65M | USD | 1 Quarter |
| Net income attributable to Nelnet, Inc. |
NetIncomeLoss
|
$26.49M | USD | 1 Quarter |
| Net income attributable to Nelnet, Inc. shareholders - basic (in dollars per share) |
EarningsPerShareBasic
|
$0.71 | 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
|
$0.71 | 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
|
37.34M | 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
|
37.34M | shares | 1 Quarter |
Cash Flow Statement
134 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Federal and state tax credit utilized |
TaxCreditCarryforwardAmount
|
$5.70M | USD | Point-in-time |
| Federal and state tax credit utilized |
TaxCreditCarryforwardAmount
|
$1.10M | USD | Point-in-time |
| Net income attributable to Nelnet, Inc. |
NetIncomeLoss
|
$186.65M | USD | 1 Quarter |
| Net income attributable to Nelnet, Inc. |
NetIncomeLoss
|
$26.49M | USD | 1 Quarter |
| Total cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$125.56M | USD | Point-in-time |
| Total cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$162.78M | USD | Point-in-time |
| Net loss attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-1.76M | USD | 1 Quarter |
| Total cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$118.15M | USD | Point-in-time |
| Net loss attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-3.47M | USD | 1 Quarter |
| Total cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$187.57M | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$945.16M | USD | Point-in-time |
| Net income |
ProfitLoss
|
$184.89M | USD | 1 Quarter |
| Restricted cash |
RestrictedCash
|
$741.98M | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$757.95M | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$576.27M | USD | Point-in-time |
| Net income |
ProfitLoss
|
$23.02M | USD | 1 Quarter |
| Restricted cash - due to customers |
RestrictedCashDueToCustomers
|
$326.64M | USD | Point-in-time |
| Restricted cash - due to customers |
RestrictedCashDueToCustomers
|
$256.93M | USD | Point-in-time |
| Restricted cash - due to customers |
RestrictedCashDueToCustomers
|
$134.20M | USD | Point-in-time |
| Restricted cash - due to customers |
RestrictedCashDueToCustomers
|
$294.31M | 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
|
$36.34M | USD | 1 Quarter |
| Cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$898.04M | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.36B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.18B | USD | Point-in-time |
| Depreciation and amortization, including debt discounts and loan premiums and deferred origination costs |
DepreciationDepletionAndAmortization
|
$34.21M | USD | 1 Quarter |
| Loan discount accretion |
StudentLoanDiscountAccretion
|
$-7.68M | USD | 1 Quarter |
| Loan discount accretion |
StudentLoanDiscountAccretion
|
$-9.93M | USD | 1 Quarter |
| Provision (negative provision) for loan losses |
FinancingReceivableCreditLossIncludingOffBalanceLiabilitiesExpenseReversal
|
$34.27M | USD | 1 Quarter |
| Provision (negative provision) for loan losses |
FinancingReceivableCreditLossIncludingOffBalanceLiabilitiesExpenseReversal
|
$-435.00K | USD | 1 Quarter |
| Derivative market value adjustments |
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
$-37.41M | USD | 1 Quarter |
| Derivative market value adjustments |
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
$145.73M | USD | 1 Quarter |
| Proceeds from termination of derivative instruments |
ProceedsFromPaymentsForTerminationOfDerivativeInstrument
|
$164.08M | USD | 1 Quarter |
| Proceeds from termination of derivative instruments |
ProceedsFromPaymentsForTerminationOfDerivativeInstrument
|
- | USD | 1 Quarter |
| (Payments to) proceeds from clearinghouse - initial and variation margin, net |
ProceedsFromPaymentsToClearinghouse
|
$-210.28M | USD | 1 Quarter |
| (Payments to) proceeds from clearinghouse - initial and variation margin, net |
ProceedsFromPaymentsToClearinghouse
|
$149.65M | USD | 1 Quarter |
| Gain on sale of loans, net |
GainLossOnSalesOfLoansNet
|
$11.81M | USD | 1 Quarter |
| Gain on sale of loans, net |
GainLossOnSalesOfLoansNet
|
$2.99M | USD | 1 Quarter |
| Loss on investments, net |
GainLossOnInvestmentsAndNotesReceivable
|
$-24.34M | USD | 1 Quarter |
| Loss on investments, net |
GainLossOnInvestmentsAndNotesReceivable
|
$-2.80M | USD | 1 Quarter |
| Proceeds from sale of equity securities, net |
IncreaseDecreaseInEquitySecuritiesFvNi
|
$-75.00K | USD | 1 Quarter |
| Proceeds from sale of equity securities, net |
IncreaseDecreaseInEquitySecuritiesFvNi
|
$-572.00K | USD | 1 Quarter |
| Deferred income tax (benefit) expense |
DeferredIncomeTaxExpenseBenefit
|
$39.44M | USD | 1 Quarter |
| Deferred income tax (benefit) expense |
DeferredIncomeTaxExpenseBenefit
|
$-13.75M | USD | 1 Quarter |
| Non-cash compensation expense |
ShareBasedCompensation
|
$3.84M | USD | 1 Quarter |
| Non-cash compensation expense |
ShareBasedCompensation
|
$2.92M | USD | 1 Quarter |
| Decrease in loan and investment accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$-16.63M | USD | 1 Quarter |
| Decrease in loan and investment accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$-10.69M | USD | 1 Quarter |
| Decrease in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-43.67M | USD | 1 Quarter |
| Decrease in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-18.44M | USD | 1 Quarter |
| Increase in other assets, net |
IncreaseDecreaseInOtherOperatingAssets
|
$2.07M | USD | 1 Quarter |
| Increase in other assets, net |
IncreaseDecreaseInOtherOperatingAssets
|
$9.76M | USD | 1 Quarter |
| Decrease in the carrying amount of ROU asset, net |
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
|
$-1.44M | USD | 1 Quarter |
| Decrease in the carrying amount of ROU asset, net |
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
|
$-1.25M | USD | 1 Quarter |
| (Decrease) increase in accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$2.65M | USD | 1 Quarter |
| (Decrease) increase in accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$-1.68M | USD | 1 Quarter |
| Decrease in other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-3.73M | USD | 1 Quarter |
| Decrease in other liabilities |
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
|
$-1.27M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$275.35M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$122.84M | USD | 1 Quarter |
| Purchases and originations of loans |
PaymentsToAcquireFinanceReceivables
|
$161.33M | USD | 1 Quarter |
| Purchases and originations of loans |
PaymentsToAcquireFinanceReceivables
|
$289.18M | USD | 1 Quarter |
| Purchases of loans from a related party |
PaymentsToFundLongtermLoansToRelatedParties
|
$1.05M | USD | 1 Quarter |
| Purchases of loans from a related party |
PaymentsToFundLongtermLoansToRelatedParties
|
- | 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
|
$684.96M | USD | 1 Quarter |
| Proceeds from sale of loans |
ProceedsFromSaleOfFinanceReceivables
|
$15.17M | USD | 1 Quarter |
| Proceeds from sale of loans |
ProceedsFromSaleOfFinanceReceivables
|
$157.44M | USD | 1 Quarter |
| Purchases of available-for-sale securities |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$139.19M | USD | 1 Quarter |
| Purchases of available-for-sale securities |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$242.37M | USD | 1 Quarter |
| Proceeds from sales of available-for-sale securities |
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
$492.17M | USD | 1 Quarter |
| Proceeds from sales of available-for-sale securities |
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
$113.98M | USD | 1 Quarter |
| Proceeds from beneficial interest in loan securitizations |
ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables
|
$4.72M | USD | 1 Quarter |
| Proceeds from beneficial interest in loan securitizations |
ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables
|
$7.27M | USD | 1 Quarter |
| Purchases of other investments and issuance of notes receivable |
PaymentsToAcquireOtherInvestmentsAndIssuanceOfNotesReceivable
|
$70.51M | USD | 1 Quarter |
| Purchases of other investments and issuance of notes receivable |
PaymentsToAcquireOtherInvestmentsAndIssuanceOfNotesReceivable
|
$73.94M | USD | 1 Quarter |
| Proceeds from other investments |
ProceedsFromSaleOfOtherInvestments
|
$9.78M | USD | 1 Quarter |
| Proceeds from other investments |
ProceedsFromSaleOfOtherInvestments
|
$11.11M | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$24.43M | 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
|
$723.93M | USD | 1 Quarter |
| Payments on bonds and notes payable |
RepaymentsOfDebtAndCapitalLeaseObligations
|
$918.27M | USD | 1 Quarter |
| Payments on bonds and notes payable |
RepaymentsOfDebtAndCapitalLeaseObligations
|
$1.42B | USD | 1 Quarter |
| Proceeds from issuance of bonds and notes payable |
ProceedsFromIssuanceOfDebt
|
$13.51M | USD | 1 Quarter |
| Proceeds from issuance of bonds and notes payable |
ProceedsFromIssuanceOfDebt
|
$204.88M | USD | 1 Quarter |
| Payments of debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$312.00K | USD | 1 Quarter |
| Payments of debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$169.00K | USD | 1 Quarter |
| (Decrease) increase in bank deposits, net |
IncreaseDecreaseInDeposits
|
$-15.55M | USD | 1 Quarter |
| (Decrease) increase in bank deposits, net |
IncreaseDecreaseInDeposits
|
$139.73M | USD | 1 Quarter |
| Decrease in due to customers |
IncreaseDecreaseInDueToCustomers
|
$-67.64M | USD | 1 Quarter |
| Decrease in due to customers |
IncreaseDecreaseInDueToCustomers
|
$-89.88M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$9.06M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$9.65M | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$32.90M | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$3.30M | USD | 1 Quarter |
| Proceeds from issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$395.00K | USD | 1 Quarter |
| Proceeds from issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$435.00K | USD | 1 Quarter |
| Issuance of noncontrolling interests |
ProceedsFromMinorityShareholders
|
$1.20M | USD | 1 Quarter |
| Issuance of noncontrolling interests |
ProceedsFromMinorityShareholders
|
$2.00M | USD | 1 Quarter |
| Distribution to noncontrolling interests |
PaymentsOfDividendsMinorityInterest
|
$993.00K | USD | 1 Quarter |
| Distribution to noncontrolling interests |
PaymentsOfDividendsMinorityInterest
|
$365.00K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-895.11M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-1.31B | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$-91.00K | 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
|
$-459.57M | 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
|
$1.19B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$898.04M | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.36B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.18B | 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
|
$898.04M | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.36B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.18B | USD | Point-in-time |
| Cash disbursements made for interest |
InterestPaidNet
|
$33.90M | USD | 1 Quarter |
| Cash disbursements made for interest |
InterestPaidNet
|
$189.79M | 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
|
$961.00K | USD | 1 Quarter |
| Cash disbursements made for operating leases |
OperatingLeasePayments
|
$1.71M | 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
|
$15.54M | USD | 1 Quarter |
| Receipt of beneficial interest in consumer loan securitizations as consideration from sale of loans |
ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset
|
$34.54M | USD | 1 Quarter |
| Receipt of beneficial interest in consumer loan securitizations as consideration from sale of loans |
ConsiderationReceivedForBeneficialInterestObtainedForTransferringFinancialAsset
|
$3.66M | USD | 1 Quarter |
| Receipt of asset-backed investment securities as consideration from sale of loans |
ConsiderationReceivedForAssetBasedSecuritiesObtainedFromSaleFinancingReceivables
|
$43.70M | USD | Point-in-time |
| Receipt of asset-backed investment securities as consideration from sale of loans |
ConsiderationReceivedForAssetBasedSecuritiesObtainedFromSaleFinancingReceivables
|
- | USD | 1 Quarter |
| Receipt of asset-backed investment securities as consideration from sale of loans |
ConsiderationReceivedForAssetBasedSecuritiesObtainedFromSaleFinancingReceivables
|
$58.18M | USD | 1 Quarter |
| Receipt of asset-backed investment securities as consideration from sale of loans |
ConsiderationReceivedForAssetBasedSecuritiesObtainedFromSaleFinancingReceivables
|
$14.50M | USD | Point-in-time |
| Distribution to noncontrolling interests |
NoncashDistributionsToNoncontrollingInterestHolders
|
$4.76M | USD | 1 Quarter |
| Distribution to noncontrolling interests |
NoncashDistributionsToNoncontrollingInterestHolders
|
$4.04M | USD | 1 Quarter |
Stockholders Equity
25 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.22B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.95B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.20B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.09B | USD | Point-in-time |
| Issuance of noncontrolling interests |
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
|
$1.20M | USD | 1 Quarter |
| Issuance of noncontrolling interests |
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
|
$2.00M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$184.89M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$23.02M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$10.36M | 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
|
$5.03M | USD | 1 Quarter |
| Cash dividend on Class A and Class B common stock |
DividendsCommonStockCash
|
$9.65M | 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
|
$3.06M | USD | 1 Quarter |
| Compensation expense for stock based awards |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$2.84M | USD | 1 Quarter |
| Compensation expense for stock based awards |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$3.77M | USD | 1 Quarter |
| Repurchase of common stock |
StockRepurchasedDuringPeriodValue
|
$32.90M | USD | 1 Quarter |
| Repurchase of common stock |
StockRepurchasedDuringPeriodValue
|
$3.30M | USD | 1 Quarter |
| Conversion of common stock |
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
- | USD | 1 Quarter |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.22B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.95B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.20B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.09B | USD | Point-in-time |
Comprehensive Income
26 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$184.89M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$23.02M | USD | 1 Quarter |
| Net changes related to foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-3.00K | USD | 1 Quarter |
| Net changes related to foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$9.00K | USD | 1 Quarter |
| Unrealized holding gains (losses) arising during period, net |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-16.70M | USD | 1 Quarter |
| Unrealized holding gains (losses) arising during period, net |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$8.65M | USD | 1 Quarter |
| Reclassification of losses (gains) recognized in net income, net |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$2.79M | USD | 1 Quarter |
| Reclassification of losses (gains) recognized in net income, net |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$-4.98M | USD | 1 Quarter |
| Income tax effect |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
|
$3.27M | USD | 1 Quarter |
| Income tax effect |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
|
$-4.68M | USD | 1 Quarter |
| Unrealized gains (losses) during period after reclassifications and tax |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$10.36M | USD | 1 Quarter |
| Unrealized gains (losses) during period after reclassifications and tax |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$-14.81M | USD | 1 Quarter |
| Gain on cash flow hedges |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
|
$2.00K | USD | 1 Quarter |
| Gain on cash flow hedges |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
|
- | USD | 1 Quarter |
| Income tax effect |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
|
- | USD | 1 Quarter |
| Income tax effect |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
|
- | USD | 1 Quarter |
| Net changes related to equity method investee's other comprehensive, after income tax effect |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
$2.00K | USD | 1 Quarter |
| Net changes related to equity method investee's other comprehensive, after income tax effect |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
- | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$10.36M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-14.80M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$33.38M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$170.08M | USD | 1 Quarter |
| Comprehensive loss attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-3.47M | USD | 1 Quarter |
| Comprehensive loss attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-1.76M | USD | 1 Quarter |
| Comprehensive income attributable to Nelnet, Inc. |
ComprehensiveIncomeNetOfTax
|
$36.85M | 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.