10-Q Filing

NMI HOLDINGS, INC. CIK: 1547903 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001547903-17-000100`
Period End Date	20170630
Filing Date	20170801
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	nmih-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 92 Cash Flow Statement 77 Stockholders Equity 20 Comprehensive Income 8

Balance Sheet 69 line items

Line Item	Tag	Value	Unit	Period
Fixed maturities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$669.36M	USD	Point-in-time
Fixed maturities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$630.69M	USD	Point-in-time
Fixed maturities, available-for-sale, at fair value (amortized cost of $669,363 and $630,688 as of June 30, 2017 and December 31, 2016, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$628.97M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Fixed maturities, available-for-sale, at fair value (amortized cost of $669,363 and $630,688 as of June 30, 2017 and December 31, 2016, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$673.70M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$46.83M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$57.32M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	59.86M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.04M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	59.15M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$47.75M	USD	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$17.80M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	59.86M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	59.15M	shares	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$13.73M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$3.87M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$3.42M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$1.99M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$2.07M	USD	Point-in-time
Deferred policy acquisition costs, net	`DeferredPolicyAcquisitionCosts`	$34.21M	USD	Point-in-time
Deferred policy acquisition costs, net	`DeferredPolicyAcquisitionCosts`	$30.11M	USD	Point-in-time
Software and equipment, net	`PropertyPlantAndEquipmentNet`	$20.40M	USD	Point-in-time
Software and equipment, net	`PropertyPlantAndEquipmentNet`	$21.53M	USD	Point-in-time
Intangible assets and goodwill	`IntangibleAssetsNetIncludingGoodwill`	$3.63M	USD	Point-in-time
Intangible assets and goodwill	`IntangibleAssetsNetIncludingGoodwill`	$3.63M	USD	Point-in-time
Prepaid reinsurance premiums	`PrepaidReinsurancePremiums`	$37.92M	USD	Point-in-time
Prepaid reinsurance premiums	`PrepaidReinsurancePremiums`	$38.92M	USD	Point-in-time
Deferred tax asset, net	`DeferredIncomeTaxAssetsNet`	$45.77M	USD	Point-in-time
Deferred tax asset, net	`DeferredIncomeTaxAssetsNet`	$51.43M	USD	Point-in-time
Other assets	`OtherAssets`	$1.47M	USD	Point-in-time
Other assets	`OtherAssets`	$542.00K	USD	Point-in-time
Total assets	`Assets`	$839.90M	USD	Point-in-time
Total assets	`Assets`	$863.00M	USD	Point-in-time
Term loan	`LongTermDebt`	$144.35M	USD	Point-in-time
Term loan	`LongTermDebt`	$143.99M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$157.15M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$152.91M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$21.35M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$25.30M	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$1.48M	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$679.00K	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$5.05M	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$3.00M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$30.63M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$32.04M	USD	Point-in-time
Deferred ceding commission	`DeferredRevenue`	$4.83M	USD	Point-in-time
Deferred ceding commission	`DeferredRevenue`	$4.83M	USD	Point-in-time
Warrant liability, at fair value	`WarrantLiability`	$3.54M	USD	Point-in-time
Warrant liability, at fair value	`WarrantLiability`	$3.37M	USD	Point-in-time
Total liabilities	`Liabilities`	$364.39M	USD	Point-in-time
Total liabilities	`Liabilities`	$367.95M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock - class A shares, $0.01 par value; 59,858,418 and 59,145,161 shares issued and outstanding as of June 30, 2017 and December 31, 2016, respectively (250,000,000 shares authorized)	`CommonStockValueOutstanding`	$598.00K	USD	Point-in-time
Common stock - class A shares, $0.01 par value; 59,858,418 and 59,145,161 shares issued and outstanding as of June 30, 2017 and December 31, 2016, respectively (250,000,000 shares authorized)	`CommonStockValueOutstanding`	$591.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$580.50M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$576.93M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.29M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.35M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-96.72M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-84.70M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$402.73M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$475.51M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$495.04M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$863.00M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$839.90M	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net premiums earned	`PremiumsEarnedNet`	$45.85M	USD	2 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$26.04M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$37.92M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$71.14M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$6.57M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$7.71M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$3.34M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$3.91M	USD	1 Quarter
Net realized investment gains (losses)	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$188.00K	USD	1 Quarter
Net realized investment gains (losses)	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$61.00K	USD	1 Quarter
Net realized investment gains (losses)	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$-824.00K	USD	2 Qtrs
Net realized investment gains (losses)	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$130.00K	USD	2 Qtrs
Other revenues	`OtherSalesRevenueNet`	$37.00K	USD	1 Quarter
Other revenues	`OtherSalesRevenueNet`	$185.00K	USD	1 Quarter
Other revenues	`OtherSalesRevenueNet`	$69.00K	USD	2 Qtrs
Other revenues	`OtherSalesRevenueNet`	$265.00K	USD	2 Qtrs
Total revenues	`Revenues`	$51.67M	USD	2 Qtrs
Total revenues	`Revenues`	$42.20M	USD	1 Quarter
Total revenues	`Revenues`	$29.48M	USD	1 Quarter
Total revenues	`Revenues`	$79.25M	USD	2 Qtrs
Insurance claims and claims expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$470.00K	USD	1 Quarter
Insurance claims and claims expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$2.01M	USD	2 Qtrs
Insurance claims and claims expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$928.00K	USD	2 Qtrs
Insurance claims and claims expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$1.37M	USD	1 Quarter
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$45.91M	USD	2 Qtrs
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$28.05M	USD	1 Quarter
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$54.04M	USD	2 Qtrs
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$23.23M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$46.83M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$56.05M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$29.42M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$23.70M	USD	1 Quarter
Gain (loss) from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$-59.00K	USD	1 Quarter
Gain (loss) from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$611.00K	USD	2 Qtrs
Gain (loss) from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$-177.00K	USD	2 Qtrs
Gain (loss) from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$19.00K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$6.79M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$3.30M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$3.71M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$7.34M	USD	2 Qtrs
Total other expense	`OtherNonoperatingIncomeExpense`	$-3.28M	USD	1 Quarter
Total other expense	`OtherNonoperatingIncomeExpense`	$-6.73M	USD	2 Qtrs
Total other expense	`OtherNonoperatingIncomeExpense`	$-6.97M	USD	2 Qtrs
Total other expense	`OtherNonoperatingIncomeExpense`	$-3.77M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.90M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$16.24M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.01M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.50M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$-52.55M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$3.48M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$4.73M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$6.01M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$11.50M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$2.01M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.90M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$64.00M	USD	Annual
Basic earnings (loss) per share (in dollars per share)	`EarningsPerShareBasic`	$0.10	USD	1 Quarter
Basic earnings (loss) per share (in dollars per share)	`EarningsPerShareBasic`	$-0.03	USD	2 Qtrs
Basic earnings (loss) per share (in dollars per share)	`EarningsPerShareBasic`	$0.19	USD	2 Qtrs
Basic earnings (loss) per share (in dollars per share)	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
Basic earnings (loss) per share (in dollars per share)	`EarningsPerShareBasic`	$1.08	USD	Annual
Diluted earnings (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$0.10	USD	1 Quarter
Diluted earnings (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
Diluted earnings (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$1.05	USD	Annual
Diluted earnings (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$0.18	USD	2 Qtrs
Diluted earnings (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	2 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	59.58M	shares	2 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	59.01M	shares	2 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	59.82M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	59.11M	shares	1 Quarter
Dilutive weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	63.01M	shares	1 Quarter
Dilutive weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.01M	shares	2 Qtrs
Dilutive weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	62.69M	shares	2 Qtrs
Dilutive weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.83M	shares	1 Quarter
Net unrealized gains in accumulated other comprehensive income, net of tax expense of $1,388 and $0 for the three months ended June 30, 2017 and 2016, respectively, and $2,073 and $0 for the six months ended June 30,2017 and 2016	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.82M	USD	1 Quarter
Net unrealized gains in accumulated other comprehensive income, net of tax expense of $1,388 and $0 for the three months ended June 30, 2017 and 2016, respectively, and $2,073 and $0 for the six months ended June 30,2017 and 2016	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$4.02M	USD	2 Qtrs
Net unrealized gains in accumulated other comprehensive income, net of tax expense of $1,388 and $0 for the three months ended June 30, 2017 and 2016, respectively, and $2,073 and $0 for the six months ended June 30,2017 and 2016	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$17.77M	USD	2 Qtrs
Net unrealized gains in accumulated other comprehensive income, net of tax expense of $1,388 and $0 for the three months ended June 30, 2017 and 2016, respectively, and $2,073 and $0 for the six months ended June 30,2017 and 2016	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$8.67M	USD	1 Quarter
Reclassification adjustment for losses (gains) included in net income, net of tax expense of $66 and $0 for the three months ended June 30, 2017 and 2016, respectively, and $45 and $0 for the six months ended June 30,2017 and 2016	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-824.00K	USD	2 Qtrs
Reclassification adjustment for losses (gains) included in net income, net of tax expense of $66 and $0 for the three months ended June 30, 2017 and 2016, respectively, and $45 and $0 for the six months ended June 30,2017 and 2016	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$61.00K	USD	1 Quarter
Reclassification adjustment for losses (gains) included in net income, net of tax expense of $66 and $0 for the three months ended June 30, 2017 and 2016, respectively, and $45 and $0 for the six months ended June 30,2017 and 2016	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$84.00K	USD	2 Qtrs
Reclassification adjustment for losses (gains) included in net income, net of tax expense of $66 and $0 for the three months ended June 30, 2017 and 2016, respectively, and $45 and $0 for the six months ended June 30,2017 and 2016	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$122.00K	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$18.59M	USD	2 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.70M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$8.61M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.93M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$15.44M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$8.71M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$10.62M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$16.70M	USD	2 Qtrs

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$6.01M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$11.50M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$2.01M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.90M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$64.00M	USD	Annual
Net realized investment losses	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$188.00K	USD	1 Quarter
Net realized investment losses	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$61.00K	USD	1 Quarter
Net realized investment losses	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$-824.00K	USD	2 Qtrs
Net realized investment losses	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$130.00K	USD	2 Qtrs
Loss (gain) from change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$-611.00K	USD	2 Qtrs
Loss (gain) from change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$177.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$2.29M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$3.12M	USD	2 Qtrs
Net amortization of premium on investment securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-772.00K	USD	2 Qtrs
Net amortization of premium on investment securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-649.00K	USD	2 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$918.00K	USD	2 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$757.00K	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$3.16M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$4.22M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$4.45M	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$195.00K	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$445.00K	USD	2 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$3.73M	USD	2 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$4.07M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$81.00K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$382.00K	USD	2 Qtrs
Deferred policy acquisition costs, net	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$7.60M	USD	2 Qtrs
Deferred policy acquisition costs, net	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$4.10M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-5.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$929.00K	USD	2 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$4.25M	USD	2 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$41.14M	USD	2 Qtrs
Reserve for insurance claims and claims expenses	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$2.05M	USD	2 Qtrs
Reserve for insurance claims and claims expenses	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$796.00K	USD	2 Qtrs
Reinsurance balances, net	`IncreaseDecreaseinReinsuranceAssetsandLiabilities`	-	USD	2 Qtrs
Reinsurance balances, net	`IncreaseDecreaseinReinsuranceAssetsandLiabilities`	$-409.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-7.82M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-7.36M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$27.56M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$14.59M	USD	2 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$80.67M	USD	2 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$78.56M	USD	2 Qtrs
Purchase of fixed-maturity investments, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$116.99M	USD	2 Qtrs
Purchase of fixed-maturity investments, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$93.97M	USD	2 Qtrs
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$94.68M	USD	2 Qtrs
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$56.76M	USD	2 Qtrs
Proceeds from redemptions, maturities and sale of fixed-maturity investments, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$86.93M	USD	2 Qtrs
Proceeds from redemptions, maturities and sale of fixed-maturity investments, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$65.59M	USD	2 Qtrs
Additions to software and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.18M	USD	2 Qtrs
Additions to software and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.86M	USD	2 Qtrs
Net cash used in by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-37.14M	USD	2 Qtrs
Net cash used in by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-40.15M	USD	2 Qtrs
Proceeds from issuance of common stock related to employee equity plans	`ProceedsFromIssuanceOfCommonStock`	$504.00K	USD	2 Qtrs
Proceeds from issuance of common stock related to employee equity plans	`ProceedsFromIssuanceOfCommonStock`	$2.61M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$664.00K	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.64M	USD	2 Qtrs
Repayments of term loan	`RepaymentsOfLongTermDebt`	$750.00K	USD	2 Qtrs
Repayments of term loan	`RepaymentsOfLongTermDebt`	$750.00K	USD	2 Qtrs
Payments of debt modification costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Payments of debt modification costs	`PaymentsOfDebtIssuanceCosts`	$370.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-910.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.15M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-27.71M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-10.49M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$46.83M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$57.32M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$20.04M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$47.75M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$46.83M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$57.32M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$20.04M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$47.75M	USD	Point-in-time
Interest paid	`InterestPaid`	$7.29M	USD	2 Qtrs
Interest paid	`InterestPaid`	$6.43M	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	$585.00K	USD	2 Qtrs

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Change in unrealized investment gains/losses, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$2.12M	USD	2 Qtrs
Change in unrealized investment gains/losses, tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$1.18M	USD	Annual
Beginning balance	`StockholdersEquity`	$402.73M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$475.51M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$495.04M	USD	Point-in-time
Cumulative effect of change in accounting principle	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$903.00K	USD	Point-in-time
Common stock: class A shares issued under stock plans, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanNetofTaxWithholdings`	$-1.03M	USD	2 Qtrs
Common stock: class A shares issued under stock plans, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanNetofTaxWithholdings`	$-224.00K	USD	Annual
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.81M	USD	Annual
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.22M	USD	2 Qtrs
Change in unrealized investment gains/losses, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$2.19M	USD	Annual
Change in unrealized investment gains/losses, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$3.93M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$6.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.50M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$2.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-1.90M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$64.00M	USD	Annual
Ending balance	`StockholdersEquity`	$402.73M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$475.51M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$495.04M	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Net unrealized investment gains in AOCI, tax amount	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$1.39M	USD	1 Quarter
Net unrealized investment gains in AOCI, tax amount	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$2.07M	USD	2 Qtrs
Net unrealized investment gains in AOCI, tax amount	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	1 Quarter
Net unrealized investment gains in AOCI, tax amount	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	2 Qtrs
Reclassification adjustment for losses (gains) included in net income, tax amount	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$66.00K	USD	1 Quarter
Reclassification adjustment for losses (gains) included in net income, tax amount	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$45.00K	USD	2 Qtrs
Reclassification adjustment for losses (gains) included in net income, tax amount	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	-	USD	2 Qtrs
Reclassification adjustment for losses (gains) included in net income, tax amount	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	-	USD	1 Quarter

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