10-Q Filing

NELNET INC CIK: 1258602 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0001437749-11-005617`
Period End Date	20110630
Filing Date	20110809
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	nni-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 109 Cash Flow Statement 87 Stockholders Equity 34

Balance Sheet 69 line items

Line Item	Tag	Value	Unit	Period
Allowance for loan losses (in Dollars)	`LoansAndLeasesReceivableAllowance`	$43.63M	USD	Point-in-time
Allowance for loan losses (in Dollars)	`LoansAndLeasesReceivableAllowance`	$42.30M	USD	Point-in-time
Student loans receivable (net of allowance for loan losses of $42,300 and $43,626, respectively)	`StudentLoansReceivableNet`	$23.95B	USD	Point-in-time
Allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivable`	$1.17M	USD	Point-in-time
Allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivable`	$1.22M	USD	Point-in-time
Student loans receivable (net of allowance for loan losses of $42,300 and $43,626, respectively)	`StudentLoansReceivableNet`	$23.23B	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Student loans receivable - held for sale	`LoansReceivableHeldForSaleAmount`	$84.99M	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents - not held at a related party	`CashAndCashEquivalentsNotRelatedParty`	$12.85M	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents - not held at a related party	`CashAndCashEquivalentsNotRelatedParty`	$6.95M	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents - held at a related party	`CashAndCashEquivalentsRelatedParty`	$103.49M	USD	Point-in-time
Cash and cash equivalents - held at a related party	`CashAndCashEquivalentsRelatedParty`	$276.85M	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$283.80M	USD	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$116.34M	USD	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$338.18M	USD	Point-in-time
Total cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$274.76M	USD	Point-in-time
Investments - trading securities	`TradingSecurities`	$31.66M	USD	Point-in-time
Investments - trading securities	`TradingSecurities`	$43.24M	USD	Point-in-time
Restricted cash and investments	`RestrictedCashAndInvestments`	$668.76M	USD	Point-in-time
Restricted cash and investments	`RestrictedCashAndInvestments`	$610.73M	USD	Point-in-time
Restricted cash - due to customers	`RestrictedCashDueToCustomers`	$88.53M	USD	Point-in-time
Restricted cash - due to customers	`RestrictedCashDueToCustomers`	$64.45M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$318.15M	USD	Point-in-time
Accrued interest receivable	`InterestReceivable`	$302.48M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $1,172 and $1,221, respectively)	`AccountsReceivableNet`	$51.12M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $1,172 and $1,221, respectively)	`AccountsReceivableNet`	$52.61M	USD	Point-in-time
Goodwill	`Goodwill`	$117.12M	USD	Point-in-time
Goodwill	`Goodwill`	$117.12M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$37.56M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$38.71M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$34.59M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$30.57M	USD	Point-in-time
Other assets	`OtherAssets`	$101.05M	USD	Point-in-time
Other assets	`OtherAssets`	$94.22M	USD	Point-in-time
Fair value of derivative instruments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue`	$182.45M	USD	Point-in-time
Fair value of derivative instruments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue`	$118.35M	USD	Point-in-time
Total assets	`Assets`	$24.87B	USD	Point-in-time
Total assets	`Assets`	$25.89B	USD	Point-in-time
Bonds and notes payable	`DebtAndCapitalLeaseObligations`	$24.67B	USD	Point-in-time
Bonds and notes payable	`DebtAndCapitalLeaseObligations`	$23.61B	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$17.09M	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrentAndNoncurrent`	$19.15M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$172.39M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$191.02M	USD	Point-in-time
Due to customers	`PayablesToCustomers`	$88.53M	USD	Point-in-time
Due to customers	`PayablesToCustomers`	$64.45M	USD	Point-in-time
Fair value of derivative instruments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue`	$16.09M	USD	Point-in-time
Fair value of derivative instruments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue`	$23.38M	USD	Point-in-time
Total liabilities	`Liabilities`	$23.88B	USD	Point-in-time
Total liabilities	`Liabilities`	$24.99B	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
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$873.95M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$955.37M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$906.63M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$784.56M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$988.78M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$839.21M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$24.87B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$25.89B	USD	Point-in-time

Income Statement 109 line items

Line Item	Tag	Value	Unit	Period
Loan interest	`LoanInterest`	$155.35M	USD	1 Quarter
Loan interest	`LoanInterest`	$138.93M	USD	1 Quarter
Loan interest	`LoanInterest`	$290.32M	USD	2 Qtrs
Loan interest	`LoanInterest`	$276.29M	USD	2 Qtrs
Investment interest	`InvestmentIncomeInterest`	$1.58M	USD	2 Qtrs
Investment interest	`InvestmentIncomeInterest`	$2.31M	USD	2 Qtrs
Investment interest	`InvestmentIncomeInterest`	$856.00K	USD	1 Quarter
Investment interest	`InvestmentIncomeInterest`	$1.30M	USD	1 Quarter
Total interest income	`InterestAndDividendIncomeOperating`	$292.62M	USD	2 Qtrs
Total interest income	`InterestAndDividendIncomeOperating`	$156.66M	USD	1 Quarter
Total interest income	`InterestAndDividendIncomeOperating`	$139.79M	USD	1 Quarter
Total interest income	`InterestAndDividendIncomeOperating`	$277.87M	USD	2 Qtrs
Interest on bonds and notes payable	`InterestExpense`	$59.24M	USD	1 Quarter
Interest on bonds and notes payable	`InterestExpense`	$110.10M	USD	2 Qtrs
Interest on bonds and notes payable	`InterestExpense`	$51.05M	USD	1 Quarter
Interest on bonds and notes payable	`InterestExpense`	$103.36M	USD	2 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$174.51M	USD	2 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$97.41M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$88.74M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$182.52M	USD	2 Qtrs
Less provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$5.25M	USD	1 Quarter
Less provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$6.20M	USD	1 Quarter
Less provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$11.20M	USD	2 Qtrs
Less provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$9.00M	USD	2 Qtrs
Net interest income after provision for loan losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$165.51M	USD	2 Qtrs
Net interest income after provision for loan losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$91.21M	USD	1 Quarter
Net interest income after provision for loan losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$83.49M	USD	1 Quarter
Net interest income after provision for loan losses	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$171.32M	USD	2 Qtrs
Loan and guaranty servicing revenue	`LoanAndGuarantyServicingRevenue`	$73.03M	USD	2 Qtrs
Loan and guaranty servicing revenue	`LoanAndGuarantyServicingRevenue`	$37.39M	USD	1 Quarter
Loan and guaranty servicing revenue	`LoanAndGuarantyServicingRevenue`	$73.05M	USD	2 Qtrs
Loan and guaranty servicing revenue	`LoanAndGuarantyServicingRevenue`	$36.65M	USD	1 Quarter
Tuition payment processing and campus commerce revenue	`TuitionPaymentProcessingAndCampusCommerceRevenue`	$30.18M	USD	2 Qtrs
Tuition payment processing and campus commerce revenue	`TuitionPaymentProcessingAndCampusCommerceRevenue`	$12.79M	USD	1 Quarter
Tuition payment processing and campus commerce revenue	`TuitionPaymentProcessingAndCampusCommerceRevenue`	$34.13M	USD	2 Qtrs
Tuition payment processing and campus commerce revenue	`TuitionPaymentProcessingAndCampusCommerceRevenue`	$14.76M	USD	1 Quarter
Enrollment services revenue	`EnrollmentServicesRevenue`	$66.18M	USD	2 Qtrs
Enrollment services revenue	`EnrollmentServicesRevenue`	$32.31M	USD	1 Quarter
Enrollment services revenue	`EnrollmentServicesRevenue`	$68.67M	USD	2 Qtrs
Enrollment services revenue	`EnrollmentServicesRevenue`	$35.40M	USD	1 Quarter
Software services revenue	`SoftwareServicesRevenue`	$5.50M	USD	1 Quarter
Software services revenue	`SoftwareServicesRevenue`	$4.35M	USD	1 Quarter
Software services revenue	`SoftwareServicesRevenue`	$9.12M	USD	2 Qtrs
Software services revenue	`SoftwareServicesRevenue`	$9.84M	USD	2 Qtrs
Other income	`OtherIncome`	$13.32M	USD	2 Qtrs
Other income	`OtherIncome`	$15.76M	USD	2 Qtrs
Other income	`OtherIncome`	$6.83M	USD	1 Quarter
Other income	`OtherIncome`	$8.50M	USD	1 Quarter
Gain on sale of loans and debt repurchases	`GainOnSaleOfLoansAndDebtRepurchasesNet`	$8.76M	USD	1 Quarter
Gain on sale of loans and debt repurchases	`GainOnSaleOfLoansAndDebtRepurchasesNet`	$18.94M	USD	2 Qtrs
Gain on sale of loans and debt repurchases	`GainOnSaleOfLoansAndDebtRepurchasesNet`	$8.31M	USD	2 Qtrs
Derivative market value and foreign currency adjustments and derivative settlements, net	`DerivativeMarketValueAndForeignCurrencyAdjustmentsAndDerivativeSettlementsNet`	$20.34M	USD	1 Quarter
Derivative market value and foreign currency adjustments and derivative settlements, net	`DerivativeMarketValueAndForeignCurrencyAdjustmentsAndDerivativeSettlementsNet`	$10.61M	USD	1 Quarter
Derivative market value and foreign currency adjustments and derivative settlements, net	`DerivativeMarketValueAndForeignCurrencyAdjustmentsAndDerivativeSettlementsNet`	$8.93M	USD	2 Qtrs
Derivative market value and foreign currency adjustments and derivative settlements, net	`DerivativeMarketValueAndForeignCurrencyAdjustmentsAndDerivativeSettlementsNet`	$23.37M	USD	2 Qtrs
Total other income	`NoninterestIncome`	$75.30M	USD	1 Quarter
Total other income	`NoninterestIncome`	$180.72M	USD	2 Qtrs
Total other income	`NoninterestIncome`	$207.51M	USD	2 Qtrs
Total other income	`NoninterestIncome`	$97.00M	USD	1 Quarter
Salaries and benefits	`LaborAndRelatedExpense`	$86.79M	USD	2 Qtrs
Salaries and benefits	`LaborAndRelatedExpense`	$81.61M	USD	2 Qtrs
Salaries and benefits	`LaborAndRelatedExpense`	$42.88M	USD	1 Quarter
Salaries and benefits	`LaborAndRelatedExpense`	$40.96M	USD	1 Quarter
Cost to provide enrollment services	`CostToProvideEnrollmentServices`	$22.14M	USD	1 Quarter
Cost to provide enrollment services	`CostToProvideEnrollmentServices`	$44.98M	USD	2 Qtrs
Cost to provide enrollment services	`CostToProvideEnrollmentServices`	$24.11M	USD	1 Quarter
Cost to provide enrollment services	`CostToProvideEnrollmentServices`	$46.14M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$13.54M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$6.77M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$9.73M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$20.51M	USD	2 Qtrs
Restructure expense	`RestructuringCharges`	$72.00K	USD	1 Quarter
Restructure expense	`RestructuringCharges`	$1.27M	USD	2 Qtrs
Other	`OtherExpenses`	$62.40M	USD	2 Qtrs
Other	`OtherExpenses`	$33.35M	USD	1 Quarter
Other	`OtherExpenses`	$54.87M	USD	2 Qtrs
Other	`OtherExpenses`	$28.77M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$211.93M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$108.22M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$200.19M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$100.56M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$146.04M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$79.99M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$58.23M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$166.90M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$21.11M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$62.59M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$30.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$54.03M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$92.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$49.99M	USD	1 Quarter
Net income	`NetIncomeLoss`	$37.12M	USD	1 Quarter
Net income	`NetIncomeLoss`	$104.31M	USD	2 Qtrs
Net earnings - basic (in Dollars per share)	`EarningsPerShareBasic`	$1.90	USD	2 Qtrs
Net earnings - basic (in Dollars per share)	`EarningsPerShareBasic`	$0.76	USD	1 Quarter
Net earnings - basic (in Dollars per share)	`EarningsPerShareBasic`	$2.08	USD	2 Qtrs
Net earnings - basic (in Dollars per share)	`EarningsPerShareBasic`	$1.00	USD	1 Quarter
Net earnings - diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.76	USD	1 Quarter
Net earnings - diluted (in Dollars per share)	`EarningsPerShareDiluted`	$1.89	USD	2 Qtrs
Net earnings - diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.99	USD	1 Quarter
Net earnings - diluted (in Dollars per share)	`EarningsPerShareDiluted`	$2.08	USD	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	48.30M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	49.74M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	48.24M	shares	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	49.73M	shares	2 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.49M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.92M	shares	2 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.93M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.43M	shares	2 Qtrs

Cash Flow Statement 87 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$92.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$49.99M	USD	1 Quarter
Net income	`NetIncomeLoss`	$37.12M	USD	1 Quarter
Net income	`NetIncomeLoss`	$104.31M	USD	2 Qtrs
Depreciation and amortization, including loan premiums/discount and deferred origination costs	`DepreciationAndAmortizationIncludingLoanPremiumsAndDeferredOriginationCosts`	$50.19M	USD	2 Qtrs
Depreciation and amortization, including loan premiums/discount and deferred origination costs	`DepreciationAndAmortizationIncludingLoanPremiumsAndDeferredOriginationCosts`	$35.84M	USD	2 Qtrs
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$5.25M	USD	1 Quarter
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$6.20M	USD	1 Quarter
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$11.20M	USD	2 Qtrs
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$9.00M	USD	2 Qtrs
Derivative market value adjustment	`DerivativeMarketValueAdjustment`	$168.20M	USD	2 Qtrs
Derivative market value adjustment	`DerivativeMarketValueAdjustment`	$-68.66M	USD	2 Qtrs
Foreign currency transaction adjustment	`ForeignCurrencyTransactionGainLossUnrealized`	$-165.07M	USD	2 Qtrs
Foreign currency transaction adjustment	`ForeignCurrencyTransactionGainLossUnrealized`	$84.35M	USD	2 Qtrs
Proceeds to terminate and/or amend derivative instruments	`ProceedsToTerminateAndorAmendDerivativeInstruments`	$12.37M	USD	2 Qtrs
Proceeds to terminate and/or amend derivative instruments	`ProceedsToTerminateAndorAmendDerivativeInstruments`	$14.76M	USD	2 Qtrs
Payments to terminate and/or amend derivative instruments	`PaymentsToTerminateAndorAmendDerivativeInstruments`	$-763.00K	USD	2 Qtrs
Payments to terminate and/or amend derivative instruments	`PaymentsToTerminateAndorAmendDerivativeInstruments`	$-522.00K	USD	2 Qtrs
Gain on sale of loans	`GainLossOnSaleOfLoansAndLeases`	$-1.34M	USD	2 Qtrs
Gain from debt repurchases	`GainOnDebtRepurchases`	$-6.96M	USD	2 Qtrs
Gain from debt repurchases	`GainOnDebtRepurchases`	$-18.94M	USD	2 Qtrs
Change in investments - trading securities, net	`IncreaseDecreaseInTradingSecurities`	$11.57M	USD	2 Qtrs
Change in investments - trading securities, net	`IncreaseDecreaseInTradingSecurities`	$-31.02M	USD	2 Qtrs
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$-8.71M	USD	2 Qtrs
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$7.23M	USD	2 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$1.09M	USD	2 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$1.12M	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$495.00K	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$108.00K	USD	2 Qtrs
Decrease (increase) in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$15.67M	USD	2 Qtrs
Decrease (increase) in accrued interest receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-68.18M	USD	2 Qtrs
Decrease (increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-15.39M	USD	2 Qtrs
Decrease (increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.50M	USD	2 Qtrs
Decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.26M	USD	2 Qtrs
Decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.04M	USD	2 Qtrs
(Decrease) increase in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$-2.06M	USD	2 Qtrs
(Decrease) increase in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$2.53M	USD	2 Qtrs
Decrease in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-10.29M	USD	2 Qtrs
Decrease in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-3.31M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$168.22M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$61.41M	USD	2 Qtrs
Originations and purchases of student loans, including loan premiums/discounts and deferred origination costs	`PaymentsToAcquireLoansHeldForInvestment`	$2.94B	USD	2 Qtrs
Originations and purchases of student loans, including loan premiums/discounts and deferred origination costs	`PaymentsToAcquireLoansHeldForInvestment`	$662.32M	USD	2 Qtrs
Purchases of student loans, including loan premiums, from a related party	`PurchasesOfStudentLoansFromARelatedParty`	$29.00K	USD	2 Qtrs
Purchases of student loans, including loan premiums, from a related party	`PurchasesOfStudentLoansFromARelatedParty`	$989.00M	USD	2 Qtrs
Net proceeds from student loan repayments, claims, capitalized interest, participations, and other	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$1.05B	USD	2 Qtrs
Net proceeds from student loan repayments, claims, capitalized interest, participations, and other	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$1.35B	USD	2 Qtrs
Proceeds from sale of student loans	`ProceedsFromSaleOfLoansHeldForInvestment`	$95.13M	USD	2 Qtrs
Proceeds from sale of student loans	`ProceedsFromSaleOfLoansHeldForInvestment`	$21.04M	USD	2 Qtrs
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.28M	USD	2 Qtrs
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.67M	USD	2 Qtrs
Decrease (increase) in restricted cash and investments, net	`IncreaseDecreaseInRestrictedCashAndInvestments`	$-58.03M	USD	2 Qtrs
Decrease (increase) in restricted cash and investments, net	`IncreaseDecreaseInRestrictedCashAndInvestments`	$44.40M	USD	2 Qtrs
Business and asset acquisitions, net of cash acquired, including contingency payments	`BusinessAndAssetAcquisitionsNetOfCashAcquiredIncludingContingencyPayments`	$-3.00M	USD	2 Qtrs
Business and asset acquisitions, net of cash acquired, including contingency payments	`BusinessAndAssetAcquisitionsNetOfCashAcquiredIncludingContingencyPayments`	$-14.08M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$818.79M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.91B	USD	2 Qtrs
Payments on bonds and notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.78B	USD	2 Qtrs
Payments on bonds and notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.78B	USD	2 Qtrs
Proceeds from issuance of bonds and notes payable	`ProceedsFromIssuanceOfDebt`	$745.55M	USD	2 Qtrs
Proceeds from issuance of bonds and notes payable	`ProceedsFromIssuanceOfDebt`	$4.59B	USD	2 Qtrs
Payments on bonds payable due to a related party	`RepaymentsOfRelatedPartyDebt`	$107.05M	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$7.04M	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.51M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$8.24M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$7.00M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$13.06M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$535.00K	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$265.00K	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$247.00K	USD	2 Qtrs
Payments received on employee stock notes receivable	`PaymentsReceivedOnEmployeeStockNotesReceivable`	$199.00K	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.15B	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.78B	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-167.46M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-63.42M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$283.80M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$116.34M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$338.18M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$274.76M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$283.80M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$116.34M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$338.18M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$274.76M	USD	Point-in-time
Interest paid	`InterestPaid`	$102.78M	USD	2 Qtrs
Interest paid	`InterestPaid`	$101.01M	USD	2 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$51.89M	USD	2 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$63.33M	USD	2 Qtrs

Stockholders Equity 34 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$873.95M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$955.37M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$906.63M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$784.56M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$988.78M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$839.21M	USD	Point-in-time
Net income	`NetIncomeLoss`	$92.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$49.99M	USD	1 Quarter
Net income	`NetIncomeLoss`	$37.12M	USD	1 Quarter
Net income	`NetIncomeLoss`	$104.31M	USD	2 Qtrs
Cash dividend on Class A and Class B common stock	`DividendsCommonStockCash`	$4.85M	USD	1 Quarter
Cash dividend on Class A and Class B common stock	`DividendsCommonStockCash`	$3.51M	USD	1 Quarter
Cash dividend on Class A and Class B common stock	`DividendsCommonStockCash`	$8.24M	USD	2 Qtrs
Cash dividend on Class A and Class B common stock	`DividendsCommonStockCash`	$7.00M	USD	2 Qtrs
Contingency payment related to business combination	`ContingencyPaymentRelatedToBusinessCombination`	$-5.89M	USD	2 Qtrs
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$1.03M	USD	1 Quarter
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$4.24M	USD	2 Qtrs
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$4.12M	USD	2 Qtrs
Issuance of common stock, net of forfeitures	`StockIssuedDuringPeriodValueNewIssues`	$702.00K	USD	1 Quarter
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$342.00K	USD	1 Quarter
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$691.00K	USD	2 Qtrs
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$366.00K	USD	1 Quarter
Compensation expense for stock based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$697.00K	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$13.06M	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$535.00K	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$12.82M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$226.00K	USD	1 Quarter
Reduction of employee stock notes receivable	`ReductionOfEmployeeStockNotesReceivable`	$199.00K	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$873.95M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$955.37M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$906.63M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$784.56M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$988.78M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$839.21M	USD	Point-in-time

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