10-Q Filing

EMPLOYERS HOLDINGS, INC. CIK: 1379041 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001379041-15-000104`
Period End Date	20150331
Filing Date	20150430
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	eig-20150331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 46 Cash Flow Statement 72 Comprehensive Income 4

Balance Sheet 100 line items

Line Item	Tag	Value	Unit	Period
Fixed maturity securities at fair value (amortized cost $2,256,400 at March 31, 2015 and $2,186,100 at December 31, 2014)	`AvailableForSaleSecuritiesDebtSecurities`	$2.36B	USD	Point-in-time
Fixed maturity securities at fair value (amortized cost $2,256,400 at March 31, 2015 and $2,186,100 at December 31, 2014)	`AvailableForSaleSecuritiesDebtSecurities`	$2.28B	USD	Point-in-time
Equity securities at fair value (cost $98,900 at March 31, 2015 and $97,800 at December 31, 2014)	`AvailableForSaleSecuritiesEquitySecurities`	$172.60M	USD	Point-in-time
Equity securities at fair value (cost $98,900 at March 31, 2015 and $97,800 at December 31, 2014)	`AvailableForSaleSecuritiesEquitySecurities`	$172.70M	USD	Point-in-time
Short-term investments at fair value (amortized cost $9,000 at March 31, 2015)	`ShortTermInvestments`	$9.00M	USD	Point-in-time
Short-term investments at fair value (amortized cost $9,000 at March 31, 2015)	`ShortTermInvestments`	-	USD	Point-in-time
Total investments	`Investments`	$2.54B	USD	Point-in-time
Total investments	`Investments`	$2.45B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$34.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$45.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$51.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$103.60M	USD	Point-in-time
Fixed maturity securities, amortized cost	`AvailableForSaleSecuritiesAmortizedCost`	$2.28B	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$10.80M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$8.40M	USD	Point-in-time
Fixed maturity securities, amortized cost	`AvailableForSaleSecuritiesAmortizedCost`	$2.36B	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$20.50M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$19.20M	USD	Point-in-time
Available for sale, short-term investments, at amortized cost	`AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost`	-	USD	Point-in-time
Available for sale, short-term investments, at amortized cost	`AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost`	$9.00M	USD	Point-in-time
Premiums receivable, bad debt allowance	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$7.90M	USD	Point-in-time
Premiums receivable (less bad debt allowance of $9,100 at March 31, 2015 and $7,900 at December 31, 2014)	`PremiumsReceivableAtCarryingValue`	$295.80M	USD	Point-in-time
Premiums receivable, bad debt allowance	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$9.00M	USD	Point-in-time
Premiums receivable (less bad debt allowance of $9,100 at March 31, 2015 and $7,900 at December 31, 2014)	`PremiumsReceivableAtCarryingValue`	$296.30M	USD	Point-in-time
Reinsurance Recoverables on Unpaid Losses, Allowance	`ReinsuranceRecoverablesOnUnpaidLossesAllowance`	-	USD	Point-in-time
Reinsurance Recoverables on Unpaid Losses, Allowance	`ReinsuranceRecoverablesOnUnpaidLossesAllowance`	-	USD	Point-in-time
Paid losses	`ReinsuranceReceivablesPaidLossesRecoverable`	$7.90M	USD	Point-in-time
Paid losses	`ReinsuranceReceivablesPaidLossesRecoverable`	$10.70M	USD	Point-in-time
Unpaid losses, including bad debt allowance	`ReinsuranceRecoverableUnpaidLossesLessAllowance`	$663.00M	USD	Point-in-time
Unpaid losses, including bad debt allowance	`ReinsuranceRecoverableUnpaidLossesLessAllowance`	$669.50M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$46.70M	USD	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$44.60M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Deferred income taxes, net	`DeferredTaxAssetsNet`	$49.70M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Deferred income taxes, net	`DeferredTaxAssetsNet`	$43.40M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	54.87M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$20.30M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	55.25M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$21.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	31.88M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$9.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	31.49M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$8.90M	USD	Point-in-time
Goodwill	`Goodwill`	$36.20M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Goodwill	`Goodwill`	$36.20M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Contingent commission receivableLPT Agreement	`ContingentCommissionReceivableLptAgreement`	$26.60M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Contingent commission receivableLPT Agreement	`ContingentCommissionReceivableLptAgreement`	$26.40M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other assets	`OtherAssets`	$36.50M	USD	Point-in-time
Other assets	`OtherAssets`	$23.50M	USD	Point-in-time
Total assets	`Assets`	$3.77B	USD	Point-in-time
Total assets	`Assets`	$3.80B	USD	Point-in-time
Treasury stock, at cost (in shares)	`TreasuryStockShares`	23.37M	shares	Point-in-time
Treasury stock, at cost (in shares)	`TreasuryStockShares`	23.37M	shares	Point-in-time
Unpaid losses and loss adjustment expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$2.37B	USD	Point-in-time
Unpaid losses and loss adjustment expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$2.37B	USD	Point-in-time
Unpaid losses and loss adjustment expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$2.33B	USD	Point-in-time
Unpaid losses and loss adjustment expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$2.36B	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$310.80M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$324.60M	USD	Point-in-time
Total claims and policy liabilities	`LiabilityForFuturePolicyBenefits`	$2.68B	USD	Point-in-time
Total claims and policy liabilities	`LiabilityForFuturePolicyBenefits`	$2.69B	USD	Point-in-time
Commissions and premium taxes payable	`AccruedLiabilitiesForCommissionsExpenseAndTaxes`	$45.50M	USD	Point-in-time
Commissions and premium taxes payable	`AccruedLiabilitiesForCommissionsExpenseAndTaxes`	$46.30M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$20.40M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$16.90M	USD	Point-in-time
Deferred reinsurance gainLPT Agreement	`DeferredReinsuranceGainLptAgreement`	$207.00M	USD	Point-in-time
Deferred reinsurance gainLPT Agreement	`DeferredReinsuranceGainLptAgreement`	$204.10M	USD	Point-in-time
Notes payable	`NotesPayable`	$92.00M	USD	Point-in-time
Notes payable	`NotesPayable`	$92.00M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$36.70M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$37.80M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.09B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.08B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value; 150,000,000 shares authorized; 55,248,130 and 54,866,802 shares issued and 31,875,156 and 31,493,828 shares outstanding at March 31, 2015 and December 31, 2014, respectively	`CommonStockValue`	$600.00K	USD	Point-in-time
Common stock, $0.01 par value; 150,000,000 shares authorized; 55,248,130 and 54,866,802 shares issued and 31,875,156 and 31,493,828 shares outstanding at March 31, 2015 and December 31, 2014, respectively	`CommonStockValue`	$600.00K	USD	Point-in-time
Preferred stock, $0.01 par value; 25,000,000 shares authorized; none issued	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 25,000,000 shares authorized; none issued	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$348.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$346.60M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$595.30M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$607.50M	USD	Point-in-time
Accumulated other comprehensive income, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$115.30M	USD	Point-in-time
Accumulated other comprehensive income, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$106.90M	USD	Point-in-time
Treasury stock, at cost (23,372,974 shares at March 31, 2015 and December 31, 2014)	`TreasuryStockValue`	$362.60M	USD	Point-in-time
Treasury stock, at cost (23,372,974 shares at March 31, 2015 and December 31, 2014)	`TreasuryStockValue`	$362.60M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$686.80M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$709.50M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.77B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.80B	USD	Point-in-time

Income Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net premiums earned	`PremiumsEarnedNet`	$159.00M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$167.20M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$16.90M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$18.00M	USD	1 Quarter
Net realized gains on investments	`RealizedInvestmentGainsLosses`	$3.30M	USD	1 Quarter
Net realized gains on investments	`RealizedInvestmentGainsLosses`	$1.20M	USD	1 Quarter
Other income	`OtherIncome`	$100.00K	USD	1 Quarter
Other income	`OtherIncome`	-	USD	1 Quarter
Total revenues	`Revenues`	$188.50M	USD	1 Quarter
Total revenues	`Revenues`	$177.20M	USD	1 Quarter
Losses and loss adjustment expenses	`PolicyholderBenefitsAndClaimsIncurredNet`	$106.20M	USD	1 Quarter
Losses and loss adjustment expenses	`PolicyholderBenefitsAndClaimsIncurredNet`	$122.30M	USD	1 Quarter
Commission expense	`InsuranceCommissions`	$18.70M	USD	1 Quarter
Commission expense	`InsuranceCommissions`	$20.00M	USD	1 Quarter
Underwriting and other operating expenses	`OtherUnderwritingExpense`	$33.30M	USD	1 Quarter
Underwriting and other operating expenses	`OtherUnderwritingExpense`	$33.50M	USD	1 Quarter
Interest expense	`InterestExpense`	$700.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$800.00K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$159.10M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$176.40M	USD	1 Quarter
Net income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$12.10M	USD	1 Quarter
Net income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$18.10M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$4.10M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.80M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.34	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.44	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.43	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.34	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Unrealized gains during the period (net of tax expense of $5,000 and $5,500 for the three months ended March 31, 2015 and 2014, respectively)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$10.20M	USD	1 Quarter
Unrealized gains during the period (net of tax expense of $5,000 and $5,500 for the three months ended March 31, 2015 and 2014, respectively)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$9.20M	USD	1 Quarter
Reclassification adjustment for realized gains in net income (net of taxes of $400 and $1,100 for the three months ended March 31, 2015 and 2014, respectively)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$800.00K	USD	1 Quarter
Reclassification adjustment for realized gains in net income (net of taxes of $400 and $1,100 for the three months ended March 31, 2015 and 2014, respectively)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$2.10M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$8.10M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$8.40M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$18.90M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$22.40M	USD	1 Quarter
Net realized gains on investments before credit related impairments on fixed maturity securities	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$3.30M	USD	1 Quarter
Net realized gains on investments before credit related impairments on fixed maturity securities	`AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments`	$1.20M	USD	1 Quarter
Other than temporary impairment, credit losses recognized in earnings	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities`	-	USD	1 Quarter
Other than temporary impairment, credit losses recognized in earnings	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities`	-	USD	1 Quarter
Net realized gains on investments	`RealizedInvestmentGainsLosses`	$3.30M	USD	1 Quarter
Net realized gains on investments	`RealizedInvestmentGainsLosses`	$1.20M	USD	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$14.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.80M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.80M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.70M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.60M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.80M	USD	1 Quarter
Amortization of premium on investments, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-3.20M	USD	1 Quarter
Amortization of premium on investments, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-2.50M	USD	1 Quarter
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$-1.00M	USD	1 Quarter
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$1.80M	USD	1 Quarter
Realized gains on investments, net	`GainLossOnSaleOfInvestments`	$1.20M	USD	1 Quarter
Realized gains on investments, net	`GainLossOnSaleOfInvestments`	$3.30M	USD	1 Quarter
Excess tax benefits from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$600.00K	USD	1 Quarter
Excess tax benefits from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.10M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-200.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-1.60M	USD	1 Quarter
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$15.00M	USD	1 Quarter
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$1.60M	USD	1 Quarter
Reinsurance recoverable for paid and unpaid losses	`IncreaseDecreaseInReinsuranceRecoverable`	$-9.30M	USD	1 Quarter
Reinsurance recoverable for paid and unpaid losses	`IncreaseDecreaseInReinsuranceRecoverable`	$-7.40M	USD	1 Quarter
Federal income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.40M	USD	1 Quarter
Federal income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.60M	USD	1 Quarter
Unpaid losses and loss adjustment expenses	`IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve`	$-600.00K	USD	1 Quarter
Unpaid losses and loss adjustment expenses	`IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve`	$-27.70M	USD	1 Quarter
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$16.70M	USD	1 Quarter
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$13.80M	USD	1 Quarter
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.50M	USD	1 Quarter
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.40M	USD	1 Quarter
Deferred reinsurance gainLPT Agreement	`DeferredReinsuranceGainLptAgreementCfs`	$2.90M	USD	1 Quarter
Deferred reinsurance gainLPT Agreement	`DeferredReinsuranceGainLptAgreementCfs`	$3.90M	USD	1 Quarter
Contingent commission receivableLPT Agreement	`ContingentCommissionReceivableLptAgreementCfs`	$-400.00K	USD	1 Quarter
Contingent commission receivableLPT Agreement	`ContingentCommissionReceivableLptAgreementCfs`	$-200.00K	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$13.40M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$3.40M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$24.80M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$38.60M	USD	1 Quarter
Purchase of fixed maturity securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$168.00M	USD	1 Quarter
Purchase of fixed maturity securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$94.50M	USD	1 Quarter
Purchase of equity securities	`PaymentsToAcquireAvailableForSaleSecuritiesEquity`	$8.00M	USD	1 Quarter
Purchase of equity securities	`PaymentsToAcquireAvailableForSaleSecuritiesEquity`	$7.80M	USD	1 Quarter
Proceeds from sale of fixed maturity securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	1 Quarter
Proceeds from sale of fixed maturity securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$35.10M	USD	1 Quarter
Proceeds from sale of equity securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesEquity`	$8.20M	USD	1 Quarter
Proceeds from sale of equity securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesEquity`	$7.90M	USD	1 Quarter
Proceeds from maturities and redemptions of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$85.10M	USD	1 Quarter
Proceeds from maturities and redemptions of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$42.40M	USD	1 Quarter
Proceeds from sale of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	1 Quarter
Proceeds from sale of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$900.00K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$1.50M	USD	1 Quarter
Change in restricted cash and cash equivalents	`IncreaseDecreaseInRestrictedCashProvidedByUsedInInvestingActiities`	$2.40M	USD	1 Quarter
Change in restricted cash and cash equivalents	`IncreaseDecreaseInRestrictedCashProvidedByUsedInInvestingActiities`	$-2.40M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-81.20M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-20.80M	USD	1 Quarter
Cash transactions related to stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$400.00K	USD	1 Quarter
Cash transactions related to stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$300.00K	USD	1 Quarter
Dividends paid to stockholders	`PaymentsOfDividendsCommonStock`	$1.90M	USD	1 Quarter
Dividends paid to stockholders	`PaymentsOfDividendsCommonStock`	$1.90M	USD	1 Quarter
Excess tax benefits from stock-based compensation, financing activities	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$600.00K	USD	1 Quarter
Excess tax benefits from stock-based compensation, financing activities	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.10M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.60M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.20M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-58.00M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$16.60M	USD	1 Quarter
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$34.50M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$45.60M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$51.10M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$103.60M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$34.50M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$45.60M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$51.10M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$103.60M	USD	Point-in-time

Comprehensive Income 4 line items

Line Item	Tag	Value	Unit	Period
Other comprehensive income (loss), unrealized holding gain (loss) on securities arising during period, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$5.00M	USD	1 Quarter
Other comprehensive income (loss), unrealized holding gain (loss) on securities arising during period, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$5.50M	USD	1 Quarter
Other comprehensive income (loss), reclassification adjustment for sale of securities included in net income, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$1.20M	USD	1 Quarter
Other comprehensive income (loss), reclassification adjustment for sale of securities included in net income, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$400.00K	USD	1 Quarter

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