10-Q Filing

ESSENT GROUP LTD. CIK: 1448893 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001448893-21-000087`
Period End Date	20210630
Filing Date	20210806
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	esnt-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 92 Cash Flow Statement 80 Stockholders Equity 15

Balance Sheet 65 line items

Line Item	Tag	Value	Unit	Period
Amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$4.40B	USD	Point-in-time
Amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$4.63B	USD	Point-in-time
Total investments available for sale	`AvailableForSaleSecuritiesDebtSecurities`	$4.57B	USD	Point-in-time
Total investments available for sale	`AvailableForSaleSecuritiesDebtSecurities`	$4.75B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$60.97M	USD	Point-in-time
Other invested assets	`EquityMethodInvestments`	$145.31M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$62.69M	USD	Point-in-time
Other invested assets	`EquityMethodInvestments`	$88.90M	USD	Point-in-time
Total investments	`Investments`	$4.65B	USD	Point-in-time
Total investments	`Investments`	$4.89B	USD	Point-in-time
Unamortized deferred costs	`DeferredFinanceCostsGross`	$3.28M	USD	Point-in-time
Cash	`Cash`	$142.14M	USD	Point-in-time
Cash	`Cash`	$102.83M	USD	Point-in-time
Unamortized deferred costs	`DeferredFinanceCostsGross`	$2.68M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$19.95M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$24.47M	USD	Point-in-time
Accounts receivable	`NotesReceivableNet`	$50.14M	USD	Point-in-time
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable	`NotesReceivableNet`	$53.13M	USD	Point-in-time
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$14.07M	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
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$17.00M	USD	Point-in-time
Property and equipment (at cost, less accumulated depreciation of $62,690 in 2021 and $60,967 in 2020)	`PropertyPlantAndEquipmentNet`	$12.99M	USD	Point-in-time
Property and equipment (at cost, less accumulated depreciation of $62,690 in 2021 and $60,967 in 2020)	`PropertyPlantAndEquipmentNet`	$15.10M	USD	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	112.48M	shares	Point-in-time
Common shares, issued (in shares)	`CommonStockSharesIssued`	112.42M	shares	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	112.48M	shares	Point-in-time
Prepaid federal income tax	`MortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$332.89M	USD	Point-in-time
Common shares, outstanding (in shares)	`CommonStockSharesOutstanding`	112.42M	shares	Point-in-time
Prepaid federal income tax	`MortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$302.64M	USD	Point-in-time
Other assets	`OtherAssets`	$50.47M	USD	Point-in-time
Other assets	`OtherAssets`	$40.79M	USD	Point-in-time
Total assets	`Assets`	$5.20B	USD	Point-in-time
Total assets	`Assets`	$5.52B	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$250.89M	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$421.87M	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$69.36M	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$374.94M	USD	Point-in-time
Unearned premium reserve	`UnearnedPremiums`	$250.44M	USD	Point-in-time
Unearned premium reserve	`UnearnedPremiums`	$220.58M	USD	Point-in-time
Net deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$343.10M	USD	Point-in-time
Net deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$305.11M	USD	Point-in-time
Credit facility borrowings (at carrying value, less unamortized deferred costs of $2,684 in 2021 and $3,280 in 2020)	`LineOfCredit`	$322.32M	USD	Point-in-time
Credit facility borrowings (at carrying value, less unamortized deferred costs of $2,684 in 2021 and $3,280 in 2020)	`LineOfCredit`	$321.72M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$129.09M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$87.89M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.34B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.44B	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 - 112,481 shares in 2021 and 112,423 shares in 2020	`CommonStockValue`	$1.69M	USD	Point-in-time
Common shares, $0.015 par value: Authorized - 233,333; issued and outstanding - 112,481 shares in 2021 and 112,423 shares in 2020	`CommonStockValue`	$1.69M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.57B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.56B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$138.27M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$115.43M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.41B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.15B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.86B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.62B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.08B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$5.20B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$5.52B	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Change in unrealized appreciation (depreciation) of investments, tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$17.59M	USD	1 Quarter
Change in unrealized appreciation (depreciation) of investments, tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$10.61M	USD	2 Qtrs
Change in unrealized appreciation (depreciation) of investments, tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$7.86M	USD	1 Quarter
Change in unrealized appreciation (depreciation) of investments, tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$-2.35M	USD	2 Qtrs
Net premiums written	`PremiumsWrittenNet`	$397.65M	USD	2 Qtrs
Net premiums written	`PremiumsWrittenNet`	$202.29M	USD	1 Quarter
Net premiums written	`PremiumsWrittenNet`	$406.65M	USD	2 Qtrs
Net premiums written	`PremiumsWrittenNet`	$205.90M	USD	1 Quarter
Decrease in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$29.86M	USD	2 Qtrs
Decrease in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$5.57M	USD	1 Quarter
Decrease in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$20.32M	USD	2 Qtrs
Decrease in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$15.15M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$211.47M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$417.97M	USD	2 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$217.44M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$436.50M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$40.50M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$19.87M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$21.74M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$43.53M	USD	2 Qtrs
Realized investment (losses) gains, net	`RealizedInvestmentGainsLosses`	$1.87M	USD	2 Qtrs
Realized investment (losses) gains, net	`RealizedInvestmentGainsLosses`	$388.00K	USD	2 Qtrs
Realized investment (losses) gains, net	`RealizedInvestmentGainsLosses`	$-253.00K	USD	1 Quarter
Realized investment (losses) gains, net	`RealizedInvestmentGainsLosses`	$-1.27M	USD	1 Quarter
Other income	`OtherIncome`	$4.58M	USD	2 Qtrs
Other income	`OtherIncome`	$6.01M	USD	1 Quarter
Other income	`OtherIncome`	$7.63M	USD	2 Qtrs
Other income	`OtherIncome`	$4.33M	USD	1 Quarter
Total revenues	`Revenues`	$243.26M	USD	1 Quarter
Total revenues	`Revenues`	$236.08M	USD	1 Quarter
Total revenues	`Revenues`	$488.06M	USD	2 Qtrs
Total revenues	`Revenues`	$464.92M	USD	2 Qtrs
Provision for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$175.88M	USD	1 Quarter
Provision for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$9.65M	USD	1 Quarter
Provision for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$183.94M	USD	2 Qtrs
Provision for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$41.97M	USD	2 Qtrs
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$83.35M	USD	2 Qtrs
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$41.11M	USD	1 Quarter
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$80.77M	USD	2 Qtrs
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$38.82M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.07M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.70M	USD	2 Qtrs
Interest expense	`InterestExpense`	$2.57M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.12M	USD	2 Qtrs
Total losses and expenses	`BenefitsLossesAndExpenses`	$269.40M	USD	2 Qtrs
Total losses and expenses	`BenefitsLossesAndExpenses`	$217.26M	USD	1 Quarter
Total losses and expenses	`BenefitsLossesAndExpenses`	$52.84M	USD	1 Quarter
Total losses and expenses	`BenefitsLossesAndExpenses`	$129.45M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$358.61M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$195.51M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$18.82M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$190.42M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$63.16M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$3.44M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$30.63M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$30.61M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$164.90M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$15.38M	USD	1 Quarter
Net income	`NetIncomeLoss`	$295.44M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$159.79M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.65	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.64	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.43	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.15	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.42	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.64	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.63	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.15	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	102.50M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	112.07M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	100.22M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	112.12M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	102.61M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	112.42M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	100.47M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	112.45M	shares	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$15.38M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$295.44M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$164.90M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$159.79M	USD	1 Quarter
Change in unrealized appreciation (depreciation) of investments, net of tax expense (benefit) of $7,856 and $17,592 in the three months ended June 30, 2021 and 2020 and ($2,345) and $10,613 in the six months ended June 30, 2021 and 2020	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-22.84M	USD	2 Qtrs
Change in unrealized appreciation (depreciation) of investments, net of tax expense (benefit) of $7,856 and $17,592 in the three months ended June 30, 2021 and 2020 and ($2,345) and $10,613 in the six months ended June 30, 2021 and 2020	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$36.36M	USD	1 Quarter
Change in unrealized appreciation (depreciation) of investments, net of tax expense (benefit) of $7,856 and $17,592 in the three months ended June 30, 2021 and 2020 and ($2,345) and $10,613 in the six months ended June 30, 2021 and 2020	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$74.28M	USD	1 Quarter
Change in unrealized appreciation (depreciation) of investments, net of tax expense (benefit) of $7,856 and $17,592 in the three months ended June 30, 2021 and 2020 and ($2,345) and $10,613 in the six months ended June 30, 2021 and 2020	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$64.21M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$64.21M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-22.84M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$74.28M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$36.36M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$229.11M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$272.60M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$89.67M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$196.16M	USD	1 Quarter

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$164.90M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$15.38M	USD	1 Quarter
Net income	`NetIncomeLoss`	$295.44M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$159.79M	USD	1 Quarter
Gain on the sale of investments, net	`RealizedInvestmentGainsLosses`	$1.87M	USD	2 Qtrs
Gain on the sale of investments, net	`RealizedInvestmentGainsLosses`	$388.00K	USD	2 Qtrs
Gain on the sale of investments, net	`RealizedInvestmentGainsLosses`	$-253.00K	USD	1 Quarter
Gain on the sale of investments, net	`RealizedInvestmentGainsLosses`	$-1.27M	USD	1 Quarter
Equity in net (income) loss of other invested assets	`IncomeLossFromEquityMethodInvestments`	$647.00K	USD	2 Qtrs
Equity in net (income) loss of other invested assets	`IncomeLossFromEquityMethodInvestments`	$228.00K	USD	2 Qtrs
Distribution of income from other invested assets	`EquityMethodInvestmentDividendsOrDistributions`	$593.00K	USD	2 Qtrs
Distribution of income from other invested assets	`EquityMethodInvestmentDividendsOrDistributions`	$794.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.72M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.74M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$10.56M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$9.35M	USD	2 Qtrs
Amortization of premium on investment securities	`InvestmentIncomeAmortizationOfPremium`	$15.76M	USD	2 Qtrs
Amortization of premium on investment securities	`InvestmentIncomeAmortizationOfPremium`	$11.55M	USD	2 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$12.51M	USD	2 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$40.33M	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$4.52M	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$176.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.47M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.24M	USD	2 Qtrs
Deferred policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$151.00K	USD	2 Qtrs
Deferred policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$-2.94M	USD	2 Qtrs
Prepaid federal income tax	`IncreaseDecreaseInMortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$17.25M	USD	2 Qtrs
Prepaid federal income tax	`IncreaseDecreaseInMortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$30.25M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$7.62M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$8.50M	USD	2 Qtrs
Reserve for losses and LAE	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$181.53M	USD	2 Qtrs
Reserve for losses and LAE	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$46.93M	USD	2 Qtrs
Unearned premium reserve	`IncreaseDecreaseInUnearnedPremiums`	$-29.86M	USD	2 Qtrs
Unearned premium reserve	`IncreaseDecreaseInUnearnedPremiums`	$-20.32M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$9.79M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-3.80M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$339.80M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$345.79M	USD	2 Qtrs
Net change in short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$-354.54M	USD	2 Qtrs
Net change in short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$815.59M	USD	2 Qtrs
Purchase of investments available for sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$971.87M	USD	2 Qtrs
Purchase of investments available for sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$541.19M	USD	2 Qtrs
Proceeds from maturity of investments available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$113.22M	USD	2 Qtrs
Proceeds from maturity of investments available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$107.56M	USD	2 Qtrs
Proceeds from sales of investments available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$299.15M	USD	2 Qtrs
Proceeds from sales of investments available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$312.62M	USD	2 Qtrs
Purchase of other invested assets	`PaymentsToAcquireEquityMethodInvestments`	$6.62M	USD	2 Qtrs
Purchase of other invested assets	`PaymentsToAcquireEquityMethodInvestments`	$49.98M	USD	2 Qtrs
Return of investment from other invested assets	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$7.08M	USD	2 Qtrs
Return of investment from other invested assets	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$8.38M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$934.00K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$765.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-239.52M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-944.89M	USD	2 Qtrs
Issuance of common shares, net of costs	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Issuance of common shares, net of costs	`ProceedsFromIssuanceOfCommonStock`	$440.50M	USD	2 Qtrs
Credit facility borrowings	`ProceedsFromLongTermLinesOfCredit`	$25.00M	USD	2 Qtrs
Credit facility borrowings	`ProceedsFromLongTermLinesOfCredit`	$200.00M	USD	2 Qtrs
Credit facility repayments	`RepaymentsOfLinesOfCredit`	-	USD	2 Qtrs
Credit facility repayments	`RepaymentsOfLinesOfCredit`	$25.00M	USD	2 Qtrs
Treasury stock acquired	`PaymentsForRepurchaseOfCommonStock`	$6.35M	USD	2 Qtrs
Treasury stock acquired	`PaymentsForRepurchaseOfCommonStock`	$23.95M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$33.60M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$37.02M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-60.97M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$600.54M	USD	2 Qtrs
Net increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.44M	USD	2 Qtrs
Net increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$39.31M	USD	2 Qtrs
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$71.35M	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$142.14M	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$102.83M	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.79M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$71.35M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$142.14M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$102.83M	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.79M	USD	Point-in-time
Income tax payments	`IncomeTaxesPaid`	$10.00M	USD	2 Qtrs
Income tax payments	`IncomeTaxesPaid`	$20.00M	USD	2 Qtrs
Interest payments	`InterestPaidNet`	$4.28M	USD	2 Qtrs
Interest payments	`InterestPaidNet`	$3.58M	USD	2 Qtrs

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquity`	$3.86B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$3.62B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$4.08B	USD	Point-in-time
Treasury stock acquired	`TreasuryStockValueAcquiredCostMethod`	$18.40M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$64.21M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-22.84M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$74.28M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$36.36M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$15.38M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$295.44M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$164.90M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$159.79M	USD	1 Quarter
Balance, end of period	`StockholdersEquity`	$3.86B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$3.62B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$4.08B	USD	Point-in-time

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