10-Q Filing

ESSENT GROUP LTD. CIK: 1448893 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001448893-19-000082`
Period End Date	20190930
Filing Date	20191108
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	a9301910q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 88 Cash Flow Statement 84 Stockholders Equity 30 Comprehensive Income 4

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
Fixed maturities available for sale, at fair value (amortized cost: 2019 $2,905,928; 2018 $2,638,950)	`TradingSecuritiesDebt`	$2.61B	USD	Point-in-time
Fixed maturities available for sale, at fair value (amortized cost: 2019 $2,905,928; 2018 $2,638,950)	`TradingSecuritiesDebt`	$2.98B	USD	Point-in-time
Short-term investments available for sale, at fair value (amortized cost: 2019 $252,602; 2018 $154,400)	`ShortTermInvestments`	$154.40M	USD	Point-in-time
Short-term investments available for sale, at fair value (amortized cost: 2019 $252,602; 2018 $154,400)	`ShortTermInvestments`	$252.60M	USD	Point-in-time
Total investments available for sale	`AvailableForSaleSecuritiesDebtSecurities`	$3.23B	USD	Point-in-time
Total investments available for sale	`AvailableForSaleSecuritiesDebtSecurities`	$2.76B	USD	Point-in-time
Other invested assets	`EquityMethodInvestments`	$75.27M	USD	Point-in-time
Other invested assets	`EquityMethodInvestments`	$30.95M	USD	Point-in-time
Total investments	`Investments`	$2.79B	USD	Point-in-time
Total investments	`Investments`	$3.31B	USD	Point-in-time
Cash	`Cash`	$49.58M	USD	Point-in-time
Cash	`Cash`	$64.95M	USD	Point-in-time
Amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$2.79B	USD	Point-in-time
Amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$3.16B	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$17.63M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$18.53M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$53.87M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNet`	$36.88M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNet`	$40.22M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$56.64M	USD	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$16.00M	USD	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$16.05M	USD	Point-in-time
Unamortized deferred costs	`DeferredFinanceCostsGross`	$1.34M	USD	Point-in-time
Unamortized deferred costs	`DeferredFinanceCostsGross`	$906.00K	USD	Point-in-time
Property and equipment (at cost, less accumulated depreciation of $56,638 in 2019 and $53,870 in 2018)	`PropertyPlantAndEquipmentNet`	$16.79M	USD	Point-in-time
Property and equipment (at cost, less accumulated depreciation of $56,638 in 2019 and $53,870 in 2018)	`PropertyPlantAndEquipmentNet`	$7.63M	USD	Point-in-time
Prepaid federal income tax	`MortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$246.88M	USD	Point-in-time
Prepaid federal income tax	`MortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$202.38M	USD	Point-in-time
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other assets	`OtherAssets`	$24.16M	USD	Point-in-time
Other assets	`OtherAssets`	$13.44M	USD	Point-in-time
Total assets	`Assets`	$3.15B	USD	Point-in-time
Total assets	`Assets`	$3.72B	USD	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	233.33M	shares	Point-in-time
Common shares, authorized (in shares)	`CommonStockSharesAuthorized`	233.33M	shares	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	98.14M	shares	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	98.39M	shares	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	98.14M	shares	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	98.39M	shares	Point-in-time
Reserve for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet`	$46.85M	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet`	$61.44M	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet`	$53.35M	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet`	$49.46M	USD	Point-in-time
Unearned premium reserve	`UnearnedPremiums`	$295.47M	USD	Point-in-time
Unearned premium reserve	`UnearnedPremiums`	$290.06M	USD	Point-in-time
Net deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$172.64M	USD	Point-in-time
Net deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$236.64M	USD	Point-in-time
Credit facility borrowings (at carrying value, less unamortized deferred costs of $906 in 2019 and $1,336 in 2018)	`LineOfCredit`	$224.09M	USD	Point-in-time
Credit facility borrowings (at carrying value, less unamortized deferred costs of $906 in 2019 and $1,336 in 2018)	`LineOfCredit`	$223.66M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$54.65M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$43.02M	USD	Point-in-time
Total liabilities	`Liabilities`	$866.88M	USD	Point-in-time
Total liabilities	`Liabilities`	$784.25M	USD	Point-in-time
Commitments and contingencies (see Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common shares, $0.015 par value: Authorized - 233,333; issued and outstanding - 98,385 shares in 2019 and 98,139 shares in 2018	`CommonStockValue`	$1.48M	USD	Point-in-time
Common shares, $0.015 par value: Authorized - 233,333; issued and outstanding - 98,385 shares in 2019 and 98,139 shares in 2018	`CommonStockValue`	$1.47M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.11B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.11B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-28.99M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$62.73M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.28B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.68B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.22B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.94B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.86B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.70B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.10B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.37B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.72B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.15B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net premiums written	`PremiumsWrittenNet`	$175.22M	USD	1 Quarter
Net premiums written	`PremiumsWrittenNet`	$564.35M	USD	3 Qtrs
Net premiums written	`PremiumsWrittenNet`	$198.30M	USD	1 Quarter
Net premiums written	`PremiumsWrittenNet`	$508.85M	USD	3 Qtrs
Decrease (increase) in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$-32.66M	USD	3 Qtrs
Decrease (increase) in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$5.40M	USD	3 Qtrs
Decrease (increase) in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$5.17M	USD	1 Quarter
Decrease (increase) in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$-8.55M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$476.19M	USD	3 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$166.68M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$569.75M	USD	3 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$203.47M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$45.49M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$16.65M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$21.10M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$61.56M	USD	3 Qtrs
Realized investment gains, net	`RealizedInvestmentGainsLosses`	$524.00K	USD	1 Quarter
Realized investment gains, net	`RealizedInvestmentGainsLosses`	$2.40M	USD	3 Qtrs
Realized investment gains, net	`RealizedInvestmentGainsLosses`	$1.15M	USD	1 Quarter
Realized investment gains, net	`RealizedInvestmentGainsLosses`	$1.16M	USD	3 Qtrs
Other income	`OtherIncome`	$3.38M	USD	3 Qtrs
Other income	`OtherIncome`	$657.00K	USD	1 Quarter
Other income	`OtherIncome`	$5.09M	USD	3 Qtrs
Other income	`OtherIncome`	$1.15M	USD	1 Quarter
Total revenues	`Revenues`	$638.80M	USD	3 Qtrs
Total revenues	`Revenues`	$226.39M	USD	1 Quarter
Total revenues	`Revenues`	$526.23M	USD	3 Qtrs
Total revenues	`Revenues`	$185.00M	USD	1 Quarter
Provision for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$5.45M	USD	1 Quarter
Provision for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$12.57M	USD	3 Qtrs
Provision for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$22.06M	USD	3 Qtrs
Provision for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$9.99M	USD	1 Quarter
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$36.90M	USD	1 Quarter
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$111.45M	USD	3 Qtrs
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$41.59M	USD	1 Quarter
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$124.14M	USD	3 Qtrs
Interest expense	`InterestExpense`	$7.93M	USD	3 Qtrs
Interest expense	`InterestExpense`	$2.58M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.57M	USD	3 Qtrs
Interest expense	`InterestExpense`	$2.50M	USD	1 Quarter
Total losses and expenses	`BenefitsLossesAndExpenses`	$131.59M	USD	3 Qtrs
Total losses and expenses	`BenefitsLossesAndExpenses`	$44.85M	USD	1 Quarter
Total losses and expenses	`BenefitsLossesAndExpenses`	$154.13M	USD	3 Qtrs
Total losses and expenses	`BenefitsLossesAndExpenses`	$54.16M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$140.15M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$172.22M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$394.64M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$484.68M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$27.59M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$24.14M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$75.92M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$55.80M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$338.83M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$144.63M	USD	1 Quarter
Net income	`NetIncomeLoss`	$408.75M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$116.01M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.19	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.48	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.48	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.18	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.46	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.16	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.47	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.18	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	97.82M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	97.39M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	97.74M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	97.44M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	98.18M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	98.01M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	98.26M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	97.94M	shares	3 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$408.75M	USD	3 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$116.01M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$144.63M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$338.83M	USD	3 Qtrs
Change in unrealized appreciation (depreciation) of investments, net of tax expense (benefit) of $3,640 and ($1,352) in the three months ended September 30, 2019 and 2018 and $18,685 and ($7,963) in the nine months ended September 30, 2019 and 2018	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$91.72M	USD	3 Qtrs
Change in unrealized appreciation (depreciation) of investments, net of tax expense (benefit) of $3,640 and ($1,352) in the three months ended September 30, 2019 and 2018 and $18,685 and ($7,963) in the nine months ended September 30, 2019 and 2018	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-8.20M	USD	1 Quarter
Change in unrealized appreciation (depreciation) of investments, net of tax expense (benefit) of $3,640 and ($1,352) in the three months ended September 30, 2019 and 2018 and $18,685 and ($7,963) in the nine months ended September 30, 2019 and 2018	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$17.37M	USD	1 Quarter
Change in unrealized appreciation (depreciation) of investments, net of tax expense (benefit) of $3,640 and ($1,352) in the three months ended September 30, 2019 and 2018 and $18,685 and ($7,963) in the nine months ended September 30, 2019 and 2018	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-44.20M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$17.37M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-44.20M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-8.20M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$91.72M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$107.81M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$500.48M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$162.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$294.64M	USD	3 Qtrs

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$338.83M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$144.63M	USD	1 Quarter
Net income	`NetIncomeLoss`	$408.75M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$116.01M	USD	1 Quarter
Gain on the sale of investments, net	`RealizedInvestmentGainsLosses`	$524.00K	USD	1 Quarter
Gain on the sale of investments, net	`RealizedInvestmentGainsLosses`	$2.40M	USD	3 Qtrs
Gain on the sale of investments, net	`RealizedInvestmentGainsLosses`	$1.15M	USD	1 Quarter
Gain on the sale of investments, net	`RealizedInvestmentGainsLosses`	$1.16M	USD	3 Qtrs
Equity in net loss (income) of other invested assets	`IncomeLossFromEquityMethodInvestments`	-	USD	3 Qtrs
Equity in net loss (income) of other invested assets	`IncomeLossFromEquityMethodInvestments`	$-238.00K	USD	3 Qtrs
Distribution of income from other invested assets	`EquityMethodInvestmentDividendsOrDistributions`	-	USD	3 Qtrs
Distribution of income from other invested assets	`EquityMethodInvestmentDividendsOrDistributions`	$234.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.54M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.77M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$12.49M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$11.27M	USD	3 Qtrs
Amortization of premium on investment securities	`InvestmentIncomeAmortizationOfPremium`	$11.71M	USD	3 Qtrs
Amortization of premium on investment securities	`InvestmentIncomeAmortizationOfPremium`	$10.70M	USD	3 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$45.32M	USD	3 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$35.68M	USD	3 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$4.32M	USD	3 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$900.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.84M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.54M	USD	3 Qtrs
Deferred policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$805.00K	USD	3 Qtrs
Deferred policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$-46.00K	USD	3 Qtrs
Prepaid federal income tax	`IncreaseDecreaseInMortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$-66.22M	USD	3 Qtrs
Prepaid federal income tax	`IncreaseDecreaseInMortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$44.50M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$7.43M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.44M	USD	3 Qtrs
Reserve for losses and LAE	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$6.50M	USD	3 Qtrs
Reserve for losses and LAE	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$11.97M	USD	3 Qtrs
Unearned premium reserve	`IncreaseDecreaseInUnearnedPremiums`	$-5.40M	USD	3 Qtrs
Unearned premium reserve	`IncreaseDecreaseInUnearnedPremiums`	$32.66M	USD	3 Qtrs
Other accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-5.79M	USD	3 Qtrs
Other accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-3.89M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$424.58M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$485.95M	USD	3 Qtrs
Net change in short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$-120.78M	USD	3 Qtrs
Net change in short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$98.20M	USD	3 Qtrs
Purchase of investments available for sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$778.94M	USD	3 Qtrs
Purchase of investments available for sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$861.04M	USD	3 Qtrs
Proceeds from maturity of investments available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$68.77M	USD	3 Qtrs
Proceeds from maturity of investments available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$82.75M	USD	3 Qtrs
Proceeds from sales of investments available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$438.01M	USD	3 Qtrs
Proceeds from sales of investments available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$241.87M	USD	3 Qtrs
Purchase of other invested assets	`PaymentsToAcquireEquityMethodInvestments`	$24.75M	USD	3 Qtrs
Purchase of other invested assets	`PaymentsToAcquireEquityMethodInvestments`	$44.64M	USD	3 Qtrs
Return of investment from other invested assets	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$386.00K	USD	3 Qtrs
Return of investment from other invested assets	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$882.00K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.30M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.95M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-442.96M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-416.41M	USD	3 Qtrs
Credit facility borrowings	`ProceedsFromLongTermLinesOfCredit`	-	USD	3 Qtrs
Credit facility borrowings	`ProceedsFromLongTermLinesOfCredit`	$15.00M	USD	3 Qtrs
Credit facility repayments	`RepaymentsOfLinesOfCredit`	-	USD	3 Qtrs
Credit facility repayments	`RepaymentsOfLinesOfCredit`	$40.00M	USD	3 Qtrs
Treasury stock acquired	`PaymentsForRepurchaseOfCommonStock`	$31.20M	USD	3 Qtrs
Treasury stock acquired	`PaymentsForRepurchaseOfCommonStock`	$8.84M	USD	3 Qtrs
Payment of issuance costs for credit facility	`PaymentsOfDebtIssuanceCosts`	$15.00K	USD	3 Qtrs
Payment of issuance costs for credit facility	`PaymentsOfDebtIssuanceCosts`	$516.00K	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$14.67M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	-	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-56.72M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-23.53M	USD	3 Qtrs
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-15.36M	USD	3 Qtrs
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-13.73M	USD	3 Qtrs
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.52M	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.80M	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$64.95M	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$49.58M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.52M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.80M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$64.95M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$49.58M	USD	Point-in-time
Income tax payments	`IncomeTaxesPaid`	$33.01M	USD	3 Qtrs
Income tax payments	`IncomeTaxesPaid`	$18.60M	USD	3 Qtrs
Interest payments	`InterestPaidNet`	$7.72M	USD	3 Qtrs
Interest payments	`InterestPaidNet`	$7.05M	USD	3 Qtrs
Repayment of borrowings with term loan proceeds	`RepaymentOfBorrowingWithProceedsFromDebt`	$100.00M	USD	3 Qtrs
Repayment of borrowings with term loan proceeds	`RepaymentOfBorrowingWithProceedsFromDebt`	-	USD	3 Qtrs
Lease liabilities arising from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$385.00K	USD	3 Qtrs
Lease liabilities arising from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	3 Qtrs

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Stockholders equity, beginning of period	`StockholdersEquity`	$2.22B	USD	Point-in-time
Stockholders equity, beginning of period	`StockholdersEquity`	$1.94B	USD	Point-in-time
Stockholders equity, beginning of period	`StockholdersEquity`	$2.86B	USD	Point-in-time
Stockholders equity, beginning of period	`StockholdersEquity`	$2.70B	USD	Point-in-time
Stockholders equity, beginning of period	`StockholdersEquity`	$2.10B	USD	Point-in-time
Stockholders equity, beginning of period	`StockholdersEquity`	$2.37B	USD	Point-in-time
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$408.75M	USD	3 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$116.01M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$144.63M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$338.83M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$17.37M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-44.20M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-8.20M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$91.72M	USD	3 Qtrs
Dividends and dividend equivalents declared	`Dividends`	$14.67M	USD	3 Qtrs
Dividends and dividend equivalents declared	`Dividends`	$14.67M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.49M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.17M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.84M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.27M	USD	3 Qtrs
Treasury stock acquired	`TreasuryStockValueAcquiredCostMethod`	$31.20M	USD	3 Qtrs
Treasury stock acquired	`TreasuryStockValueAcquiredCostMethod`	$616.00K	USD	1 Quarter
Treasury stock acquired	`TreasuryStockValueAcquiredCostMethod`	$8.84M	USD	3 Qtrs
Treasury stock acquired	`TreasuryStockValueAcquiredCostMethod`	$79.00K	USD	1 Quarter
Stockholders equity, end of period	`StockholdersEquity`	$2.22B	USD	Point-in-time
Stockholders equity, end of period	`StockholdersEquity`	$1.94B	USD	Point-in-time
Stockholders equity, end of period	`StockholdersEquity`	$2.86B	USD	Point-in-time
Stockholders equity, end of period	`StockholdersEquity`	$2.70B	USD	Point-in-time
Stockholders equity, end of period	`StockholdersEquity`	$2.10B	USD	Point-in-time
Stockholders equity, end of period	`StockholdersEquity`	$2.37B	USD	Point-in-time

Comprehensive Income 4 line items

Line Item	Tag	Value	Unit	Period
Change in unrealized appreciation (depreciation) of investments, tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$3.64M	USD	1 Quarter
Change in unrealized appreciation (depreciation) of investments, tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$-7.96M	USD	3 Qtrs
Change in unrealized appreciation (depreciation) of investments, tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$18.68M	USD	3 Qtrs
Change in unrealized appreciation (depreciation) of investments, tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$-1.35M	USD	1 Quarter

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