10-K Filing

ESSENT GROUP LTD. CIK: 1448893 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001448893-22-000016`
Period End Date	20211231
Filing Date	20220216
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	esnt-20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 72 Cash Flow Statement 120 Stockholders Equity 14

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Amortized Cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$4.90B	USD	Point-in-time
Amortized Cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$4.40B	USD	Point-in-time
Total investments available for sale	`AvailableForSaleSecuritiesDebtSecurities`	$4.96B	USD	Point-in-time
Total investments available for sale	`AvailableForSaleSecuritiesDebtSecurities`	$4.57B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$60.97M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$64.34M	USD	Point-in-time
Other invested assets	`EquityMethodInvestments`	$170.47M	USD	Point-in-time
Other invested assets	`EquityMethodInvestments`	$88.90M	USD	Point-in-time
Total investments	`Investments`	$5.13B	USD	Point-in-time
Total investments	`Investments`	$4.65B	USD	Point-in-time
Cash	`Cash`	$81.49M	USD	Point-in-time
Unamortized deferred costs	`DeferredFinanceCostsGross`	$3.28M	USD	Point-in-time
Unamortized deferred costs	`DeferredFinanceCostsGross`	$5.18M	USD	Point-in-time
Cash	`Cash`	$102.83M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$26.55M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$19.95M	USD	Point-in-time
Common Shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	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`	$46.16M	USD	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$17.00M	USD	Point-in-time
Common Shares, authorized (in shares)	`CommonStockSharesAuthorized`	233.33M	shares	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$12.18M	USD	Point-in-time
Common Shares, authorized (in shares)	`CommonStockSharesAuthorized`	233.33M	shares	Point-in-time
Property and equipment (at cost, less accumulated depreciation of $64,340 in 2021 and $60,967 in 2020)	`PropertyPlantAndEquipmentNet`	$11.92M	USD	Point-in-time
Property and equipment (at cost, less accumulated depreciation of $64,340 in 2021 and $60,967 in 2020)	`PropertyPlantAndEquipmentNet`	$15.10M	USD	Point-in-time
Common Shares, issued (in shares)	`CommonStockSharesIssued`	109.38M	shares	Point-in-time
Common Shares, issued (in shares)	`CommonStockSharesIssued`	13.80M	shares	Point-in-time
Common Shares, issued (in shares)	`CommonStockSharesIssued`	112.42M	shares	Point-in-time
Prepaid federal income tax	`MortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$360.81M	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
Common Shares, outstanding (in shares)	`CommonStockSharesOutstanding`	109.38M	shares	Point-in-time
Other assets	`OtherAssets`	$49.71M	USD	Point-in-time
Other assets	`OtherAssets`	$40.79M	USD	Point-in-time
Total assets	`Assets`	$5.72B	USD	Point-in-time
Total assets	`Assets`	$5.20B	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$374.94M	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$49.46M	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$69.36M	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$407.44M	USD	Point-in-time
Unearned premium reserve	`UnearnedPremiums`	$185.38M	USD	Point-in-time
Unearned premium reserve	`UnearnedPremiums`	$250.44M	USD	Point-in-time
Net deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$305.11M	USD	Point-in-time
Net deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$373.65M	USD	Point-in-time
Credit facility borrowings (at carrying value, less unamortized deferred costs of $5,177 in 2021 and $3,280 in 2020)	`LineOfCredit`	$419.82M	USD	Point-in-time
Credit facility borrowings (at carrying value, less unamortized deferred costs of $5,177 in 2021 and $3,280 in 2020)	`LineOfCredit`	$321.72M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$87.89M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$99.75M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.49B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.34B	USD	Point-in-time
Commitments and contingencies (see Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common shares, $0.015 par value: Authorized - 233,333; issued and outstanding - 109,377 shares in 2021 and 112,423 shares in 2020	`CommonStockValue`	$1.64M	USD	Point-in-time
Common shares, $0.015 par value: Authorized - 233,333; issued and outstanding - 109,377 shares in 2021 and 112,423 shares in 2020	`CommonStockValue`	$1.69M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.43B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.57B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$138.27M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$50.71M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.15B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.75B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.86B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.24B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.98B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$5.20B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$5.72B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Change in unrealized appreciation (depreciation) of investments, (benefit) tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$-15.48M	USD	Annual
Change in unrealized appreciation (depreciation) of investments, (benefit) tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$16.84M	USD	Annual
Change in unrealized appreciation (depreciation) of investments, (benefit) tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$17.50M	USD	Annual
Net premiums written	`PremiumsWrittenNet`	$807.49M	USD	Annual
Net premiums written	`PremiumsWrittenNet`	$834.11M	USD	Annual
Net premiums written	`PremiumsWrittenNet`	$760.85M	USD	Annual
Decrease in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$28.45M	USD	Annual
Decrease in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$16.58M	USD	Annual
Decrease in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$65.05M	USD	Annual
Net premiums earned	`PremiumsEarnedNet`	$862.56M	USD	Annual
Net premiums earned	`PremiumsEarnedNet`	$777.42M	USD	Annual
Net premiums earned	`PremiumsEarnedNet`	$872.54M	USD	Annual
Net investment income	`NetInvestmentIncome`	$80.09M	USD	Annual
Net investment income	`NetInvestmentIncome`	$88.77M	USD	Annual
Net investment income	`NetInvestmentIncome`	$83.54M	USD	Annual
Realized investment gains, net	`RealizedInvestmentGainsLosses`	$2.70M	USD	Annual
Realized investment gains, net	`RealizedInvestmentGainsLosses`	$3.23M	USD	Annual
Realized investment gains, net	`RealizedInvestmentGainsLosses`	$418.00K	USD	Annual
Income (loss) from other invested assets	`IncomeLossFromEquityMethodInvestments`	$56.39M	USD	Annual
Income (loss) from other invested assets	`IncomeLossFromEquityMethodInvestments`	$-199.00K	USD	Annual
Income (loss) from other invested assets	`IncomeLossFromEquityMethodInvestments`	$-215.00K	USD	Annual
Other income	`OtherIncome`	$3.57M	USD	Annual
Other income	`OtherIncome`	$10.02M	USD	Annual
Other income	`OtherIncome`	$10.40M	USD	Annual
Total revenues	`Revenues`	$1.03B	USD	Annual
Total revenues	`Revenues`	$867.57M	USD	Annual
Total revenues	`Revenues`	$955.15M	USD	Annual
Provision for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$31.06M	USD	Annual
Provision for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$32.99M	USD	Annual
Provision for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$301.29M	USD	Annual
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$166.86M	USD	Annual
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$154.69M	USD	Annual
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$165.37M	USD	Annual
Interest expense	`InterestExpense`	$10.15M	USD	Annual
Interest expense	`InterestExpense`	$9.07M	USD	Annual
Interest expense	`InterestExpense`	$8.28M	USD	Annual
Total losses and expenses	`BenefitsLossesAndExpenses`	$206.20M	USD	Annual
Total losses and expenses	`BenefitsLossesAndExpenses`	$208.51M	USD	Annual
Total losses and expenses	`BenefitsLossesAndExpenses`	$465.06M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$490.10M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$659.06M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$822.31M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$140.53M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$77.06M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$103.35M	USD	Annual
Net income	`NetIncomeLoss`	$555.71M	USD	Annual
Net income	`NetIncomeLoss`	$413.04M	USD	Annual
Net income	`NetIncomeLoss`	$681.78M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.89	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$5.68	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$6.13	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$5.66	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$6.11	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.88	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	111.16M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	106.10M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	97.76M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	106.38M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	111.56M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	98.23M	shares	Annual
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$681.78M	USD	Annual
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$413.04M	USD	Annual
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$555.71M	USD	Annual
Change in unrealized (depreciation) appreciation of investments, net of tax (benefit) expense of $(15,477) in 2021, $16,836 in 2020 and $17,497 in 2019	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$82.09M	USD	Annual
Change in unrealized (depreciation) appreciation of investments, net of tax (benefit) expense of $(15,477) in 2021, $16,836 in 2020 and $17,497 in 2019	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$85.18M	USD	Annual
Change in unrealized (depreciation) appreciation of investments, net of tax (benefit) expense of $(15,477) in 2021, $16,836 in 2020 and $17,497 in 2019	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-87.57M	USD	Annual
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-87.57M	USD	Annual
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$85.18M	USD	Annual
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$82.09M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$495.13M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$640.89M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$594.22M	USD	Annual

Cash Flow Statement 120 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$555.71M	USD	Annual
Net income	`NetIncomeLoss`	$413.04M	USD	Annual
Net income	`NetIncomeLoss`	$681.78M	USD	Annual
Gain on the sale of investments, net	`RealizedInvestmentGainsLosses`	$2.70M	USD	Annual
Gain on the sale of investments, net	`RealizedInvestmentGainsLosses`	$3.23M	USD	Annual
Gain on the sale of investments, net	`RealizedInvestmentGainsLosses`	$418.00K	USD	Annual
Equity in net (income) loss of other invested assets	`IncomeLossFromEquityMethodInvestments`	$56.39M	USD	Annual
Equity in net (income) loss of other invested assets	`IncomeLossFromEquityMethodInvestments`	$-199.00K	USD	Annual
Equity in net (income) loss of other invested assets	`IncomeLossFromEquityMethodInvestments`	$-215.00K	USD	Annual
Distribution of income from other invested assets	`EquityMethodInvestmentDividendsOrDistributions`	$1.28M	USD	Annual
Distribution of income from other invested assets	`EquityMethodInvestmentDividendsOrDistributions`	$25.73M	USD	Annual
Distribution of income from other invested assets	`EquityMethodInvestmentDividendsOrDistributions`	$648.00K	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.38M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.77M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.33M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$16.59M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$18.46M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$20.84M	USD	Annual
Amortization of premium on investment securities	`InvestmentIncomeAmortizationOfPremium`	$33.74M	USD	Annual
Amortization of premium on investment securities	`InvestmentIncomeAmortizationOfPremium`	$15.74M	USD	Annual
Amortization of premium on investment securities	`InvestmentIncomeAmortizationOfPremium`	$23.39M	USD	Annual
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$59.48M	USD	Annual
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$84.02M	USD	Annual
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$38.65M	USD	Annual
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$6.60M	USD	Annual
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$1.41M	USD	Annual
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$908.00K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.77M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.34M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.85M	USD	Annual
Deferred policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$1.30M	USD	Annual
Deferred policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$-344.00K	USD	Annual
Deferred policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$-4.83M	USD	Annual
Prepaid federal income tax	`IncreaseDecreaseInMortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$58.17M	USD	Annual
Prepaid federal income tax	`IncreaseDecreaseInMortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$59.50M	USD	Annual
Prepaid federal income tax	`IncreaseDecreaseInMortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$40.75M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.92M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$16.84M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.95M	USD	Annual
Reserve for losses and LAE	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$32.50M	USD	Annual
Reserve for losses and LAE	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$305.58M	USD	Annual
Reserve for losses and LAE	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$19.90M	USD	Annual
Unearned premium reserve	`IncreaseDecreaseInUnearnedPremiums`	$-16.58M	USD	Annual
Unearned premium reserve	`IncreaseDecreaseInUnearnedPremiums`	$-28.45M	USD	Annual
Unearned premium reserve	`IncreaseDecreaseInUnearnedPremiums`	$-65.05M	USD	Annual
Other accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$24.28M	USD	Annual
Other accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$4.38M	USD	Annual
Other accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$9.67M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$589.85M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$727.93M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$709.26M	USD	Annual
Net change in short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$-413.77M	USD	Annual
Net change in short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$411.50M	USD	Annual
Net change in short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$160.96M	USD	Annual
Purchase of investments available for sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.04B	USD	Annual
Purchase of investments available for sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$2.27B	USD	Annual
Purchase of investments available for sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.58B	USD	Annual
Proceeds from maturities and paydowns of investments available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$266.93M	USD	Annual
Proceeds from maturities and paydowns of investments available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$262.32M	USD	Annual
Proceeds from maturities and paydowns of investments available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$88.03M	USD	Annual
Proceeds from sales of investments available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$623.77M	USD	Annual
Proceeds from sales of investments available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$577.41M	USD	Annual
Proceeds from sales of investments available for sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$1.07B	USD	Annual
Purchase of other invested assets	`PaymentsToAcquireEquityMethodInvestments`	$67.40M	USD	Annual
Purchase of other invested assets	`PaymentsToAcquireEquityMethodInvestments`	$17.01M	USD	Annual
Purchase of other invested assets	`PaymentsToAcquireEquityMethodInvestments`	$49.79M	USD	Annual
Return of investment from other invested assets	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$2.25M	USD	Annual
Return of investment from other invested assets	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$8.84M	USD	Annual
Return of investment from other invested assets	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$11.89M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.50M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.41M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.45M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-545.08M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-583.17M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.15B	USD	Annual
Issuance of common shares, net of costs	`ProceedsFromIssuanceOfCommonStock`	$440.00M	USD	Point-in-time
Issuance of common shares, net of costs	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Issuance of common shares, net of costs	`ProceedsFromIssuanceOfCommonStock`	$439.96M	USD	Annual
Issuance of common shares, net of costs	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Credit facility borrowings	`ProceedsFromLongTermLinesOfCredit`	$200.00M	USD	Annual
Credit facility borrowings	`ProceedsFromLongTermLinesOfCredit`	-	USD	Annual
Credit facility borrowings	`ProceedsFromLongTermLinesOfCredit`	$225.00M	USD	Annual
Credit facility repayments	`RepaymentsOfLinesOfCredit`	$125.00M	USD	Annual
Credit facility repayments	`RepaymentsOfLinesOfCredit`	$100.00M	USD	Annual
Credit facility repayments	`RepaymentsOfLinesOfCredit`	-	USD	Annual
Treasury stock acquired	`PaymentsForRepurchaseOfCommonStock`	$163.85M	USD	Annual
Treasury stock acquired	`PaymentsForRepurchaseOfCommonStock`	$9.01M	USD	Annual
Treasury stock acquired	`PaymentsForRepurchaseOfCommonStock`	$6.35M	USD	Annual
Payment of issuance costs for credit facility	`PaymentsOfDebtIssuanceCosts`	$5.85M	USD	Annual
Payment of issuance costs for credit facility	`PaymentsOfDebtIssuanceCosts`	$15.00K	USD	Annual
Payment of issuance costs for credit facility	`PaymentsOfDebtIssuanceCosts`	$6.23M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$77.72M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$29.35M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$69.41M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-147.43M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$457.97M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-38.37M	USD	Annual
Net (decrease) increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-21.34M	USD	Annual
Net (decrease) increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$6.40M	USD	Annual
Net (decrease) increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$31.48M	USD	Annual
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$64.95M	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$102.83M	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$81.49M	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$71.35M	USD	Point-in-time
Cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$64.95M	USD	Point-in-time
Cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$102.83M	USD	Point-in-time
Cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$81.49M	USD	Point-in-time
Cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$71.35M	USD	Point-in-time
Income tax payments	`IncomeTaxesPaid`	$55.80M	USD	Annual
Income tax payments	`IncomeTaxesPaid`	$38.70M	USD	Annual
Income tax payments	`IncomeTaxesPaid`	$41.51M	USD	Annual
Interest payments	`InterestPaidNet`	$8.26M	USD	Annual
Interest payments	`InterestPaidNet`	$9.86M	USD	Annual
Interest payments	`InterestPaidNet`	$6.95M	USD	Annual
Repayment of borrowings with term loan proceeds	`RepaymentOfBorrowingWithProceedsFromDebt`	$225.00M	USD	Annual
Repayment of borrowings with term loan proceeds	`RepaymentOfBorrowingWithProceedsFromDebt`	-	USD	Annual
Repayment of borrowings with term loan proceeds	`RepaymentOfBorrowingWithProceedsFromDebt`	$325.00M	USD	Annual
Operating lease liabilities arising from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.33M	USD	Annual
Operating lease liabilities arising from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$805.00K	USD	Annual
Operating lease liabilities arising from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$15.00K	USD	Annual

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Common stock, issuance cost	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$18.89M	USD	Annual
Stockholders equity, beginning of year	`StockholdersEquity`	$3.86B	USD	Point-in-time
Stockholders equity, beginning of year	`StockholdersEquity`	$4.24B	USD	Point-in-time
Stockholders equity, beginning of year	`StockholdersEquity`	$2.98B	USD	Point-in-time
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$681.78M	USD	Annual
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$413.04M	USD	Annual
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$555.71M	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-87.57M	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$85.18M	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$82.09M	USD	Annual
Treasury stock acquired	`TreasuryStockValueAcquiredCostMethod`	$157.80M	USD	Annual
Stockholders equity, end of year	`StockholdersEquity`	$3.86B	USD	Point-in-time
Stockholders equity, end of year	`StockholdersEquity`	$4.24B	USD	Point-in-time
Stockholders equity, end of year	`StockholdersEquity`	$2.98B	USD	Point-in-time

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