10-Q Filing

NMI HOLDINGS, INC. CIK: 1547903 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001547903-18-000101`
Period End Date	20180630
Filing Date	20180801
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	nmih-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 89 Cash Flow Statement 80 Stockholders Equity 31 Comprehensive Income 8

Balance Sheet 69 line items

Line Item	Tag	Value	Unit	Period
Fixed maturities, available-for-sale, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$713.86M	USD	Point-in-time
Fixed maturities, available-for-sale, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$852.03M	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 $852,029 and $713,859 as of June 30, 2018 and December 31, 2017, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$838.26M	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 $852,029 and $713,859 as of June 30, 2018 and December 31, 2017, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$715.88M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	60.52M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	65.75M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$47.75M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.45M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.04M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.20M	USD	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$31.25M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	60.52M	shares	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$25.18M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	65.75M	shares	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$4.79M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$4.21M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$2.15M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$2.91M	USD	Point-in-time
Deferred policy acquisition costs, net	`DeferredPolicyAcquisitionCosts`	$37.92M	USD	Point-in-time
Deferred policy acquisition costs, net	`DeferredPolicyAcquisitionCosts`	$42.36M	USD	Point-in-time
Software and equipment, net	`PropertyPlantAndEquipmentNet`	$22.80M	USD	Point-in-time
Software and equipment, net	`PropertyPlantAndEquipmentNet`	$22.80M	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`	$40.25M	USD	Point-in-time
Prepaid reinsurance premiums	`PrepaidReinsurancePremiums`	$35.80M	USD	Point-in-time
Deferred tax asset, net	`DeferredIncomeTaxAssetsNet`	$12.38M	USD	Point-in-time
Deferred tax asset, net	`DeferredIncomeTaxAssetsNet`	$19.93M	USD	Point-in-time
Other assets	`OtherAssets`	$3.69M	USD	Point-in-time
Other assets	`OtherAssets`	$5.84M	USD	Point-in-time
Total assets	`Assets`	$1.02B	USD	Point-in-time
Total assets	`Assets`	$894.85M	USD	Point-in-time
Term loan	`LongTermDebt`	$143.88M	USD	Point-in-time
Term loan	`LongTermDebt`	$147.26M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$165.66M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$163.17M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$21.41M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$23.36M	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
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$8.76M	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$10.60M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$31.01M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$34.10M	USD	Point-in-time
Deferred ceding commission	`DeferredRevenue`	$5.02M	USD	Point-in-time
Deferred ceding commission	`DeferredRevenue`	$4.51M	USD	Point-in-time
Warrant liability, at fair value	`WarrantLiability`	$6.39M	USD	Point-in-time
Warrant liability, at fair value	`WarrantLiability`	$7.47M	USD	Point-in-time
Total liabilities	`Liabilities`	$385.77M	USD	Point-in-time
Total liabilities	`Liabilities`	$386.84M	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; 65,753,784 and 60,517,512 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively (250,000,000 shares authorized)	`CommonStockValueOutstanding`	$658.00K	USD	Point-in-time
Common stock - class A shares, $0.01 par value; 65,753,784 and 60,517,512 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively (250,000,000 shares authorized)	`CommonStockValueOutstanding`	$605.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$670.87M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$585.49M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-15.04M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.86M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-74.16M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-26.84M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$629.64M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$509.08M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$475.51M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.02B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$894.85M	USD	Point-in-time

Income Statement 89 line items

Line Item	Tag	Value	Unit	Period
Net premiums earned	`PremiumsEarnedNet`	$61.62M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$116.53M	USD	2 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$71.14M	USD	2 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$37.92M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$7.71M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$3.91M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$5.74M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$10.31M	USD	2 Qtrs
Net realized investment gains	`GainLossOnInvestments`	$59.00K	USD	2 Qtrs
Net realized investment gains	`GainLossOnInvestments`	$188.00K	USD	1 Quarter
Net realized investment gains	`GainLossOnInvestments`	$59.00K	USD	1 Quarter
Net realized investment gains	`GainLossOnInvestments`	$130.00K	USD	2 Qtrs
Other revenues	`OtherIncome`	$44.00K	USD	1 Quarter
Other revenues	`OtherIncome`	$108.00K	USD	2 Qtrs
Other revenues	`OtherIncome`	$265.00K	USD	2 Qtrs
Other revenues	`OtherIncome`	$185.00K	USD	1 Quarter
Total revenues	`Revenues`	$79.25M	USD	2 Qtrs
Total revenues	`Revenues`	$127.00M	USD	2 Qtrs
Total revenues	`Revenues`	$42.20M	USD	1 Quarter
Total revenues	`Revenues`	$67.45M	USD	1 Quarter
Insurance claims and claim expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$1.37M	USD	1 Quarter
Insurance claims and claim expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$2.21M	USD	2 Qtrs
Insurance claims and claim expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$643.00K	USD	1 Quarter
Insurance claims and claim expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$2.01M	USD	2 Qtrs
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$28.05M	USD	1 Quarter
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$57.47M	USD	2 Qtrs
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$29.02M	USD	1 Quarter
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$54.04M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$29.66M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$29.42M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$59.69M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$56.05M	USD	2 Qtrs
Gain (Loss) from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$19.00K	USD	1 Quarter
Gain (Loss) from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$529.00K	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`	$109.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$5.56M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.30M	USD	1 Quarter
Interest expense	`InterestExpense`	$8.98M	USD	2 Qtrs
Interest expense	`InterestExpense`	$6.79M	USD	2 Qtrs
Total other expense	`OtherNonoperatingIncomeExpense`	$-6.97M	USD	2 Qtrs
Total other expense	`OtherNonoperatingIncomeExpense`	$-8.45M	USD	2 Qtrs
Total other expense	`OtherNonoperatingIncomeExpense`	$-3.28M	USD	1 Quarter
Total other expense	`OtherNonoperatingIncomeExpense`	$-5.45M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$58.87M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$16.24M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$32.34M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.50M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$3.48M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$7.10M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$4.73M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$11.27M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$47.60M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$22.05M	USD	Annual
Net income	`NetIncomeLoss`	$11.50M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$6.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$25.24M	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.38	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.19	USD	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.74	USD	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.10	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.10	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.37	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.18	USD	2 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.70	USD	2 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	65.66M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	59.58M	shares	2 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	59.82M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	63.89M	shares	2 Qtrs
Dilutive weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	62.69M	shares	2 Qtrs
Dilutive weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	63.01M	shares	1 Quarter
Dilutive weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	68.62M	shares	1 Quarter
Dilutive weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	67.17M	shares	2 Qtrs
Net unrealized gains (losses) in accumulated other comprehensive income, net of tax expense (benefit) of ($2,879) and $1,388 for the three months ended June 30, 2018 and 2017, respectively, and ($3,304) and $2,073 for the six months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-12.43M	USD	2 Qtrs
Net unrealized gains (losses) in accumulated other comprehensive income, net of tax expense (benefit) of ($2,879) and $1,388 for the three months ended June 30, 2018 and 2017, respectively, and ($3,304) and $2,073 for the six months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.46M	USD	1 Quarter
Net unrealized gains (losses) in accumulated other comprehensive income, net of tax expense (benefit) of ($2,879) and $1,388 for the three months ended June 30, 2018 and 2017, respectively, and ($3,304) and $2,073 for the six months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.82M	USD	1 Quarter
Net unrealized gains (losses) in accumulated other comprehensive income, net of tax expense (benefit) of ($2,879) and $1,388 for the three months ended June 30, 2018 and 2017, respectively, and ($3,304) and $2,073 for the six months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$4.02M	USD	2 Qtrs
Reclassification adjustment for realized (gains) included in net income, net of tax expenses of $12 and $66 for the three months ended June 30, 2018 and 2017, respectively, and $10 and $45 for the six months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$37.00K	USD	2 Qtrs
Reclassification adjustment for realized (gains) included in net income, net of tax expenses of $12 and $66 for the three months ended June 30, 2018 and 2017, respectively, and $10 and $45 for the six months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$122.00K	USD	1 Quarter
Reclassification adjustment for realized (gains) included in net income, net of tax expenses of $12 and $66 for the three months ended June 30, 2018 and 2017, respectively, and $10 and $45 for the six months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$84.00K	USD	2 Qtrs
Reclassification adjustment for realized (gains) included in net income, net of tax expenses of $12 and $66 for the three months ended June 30, 2018 and 2017, respectively, and $10 and $45 for the six months ended June 30, 2018 and 2017	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$46.00K	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.51M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.93M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.70M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-12.47M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$8.71M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$35.13M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$23.73M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$15.44M	USD	2 Qtrs

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$47.60M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$22.05M	USD	Annual
Net income	`NetIncomeLoss`	$11.50M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$6.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$25.24M	USD	1 Quarter
Net realized investment gains	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$59.00K	USD	2 Qtrs
Net realized investment gains	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$130.00K	USD	2 Qtrs
(Gain) Loss from change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$-529.00K	USD	2 Qtrs
(Gain) Loss from change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$177.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$3.12M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$3.81M	USD	2 Qtrs
Net amortization of premium on investment securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-810.00K	USD	2 Qtrs
Net amortization of premium on investment securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-772.00K	USD	2 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$757.00K	USD	2 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$2.85M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$5.82M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$4.22M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$4.45M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$10.86M	USD	2 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$4.07M	USD	2 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$6.07M	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$577.00K	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$445.00K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$81.00K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$756.00K	USD	2 Qtrs
Deferred policy acquisition costs, net	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$4.44M	USD	2 Qtrs
Deferred policy acquisition costs, net	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$4.10M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-68.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$328.00K	USD	2 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$4.25M	USD	2 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$2.49M	USD	2 Qtrs
Reserve for insurance claims and claim expenses	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$1.84M	USD	2 Qtrs
Reserve for insurance claims and claim expenses	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$2.05M	USD	2 Qtrs
Reinsurance balances, net	`IncreaseDecreaseinReinsuranceAssetsandLiabilities`	$192.00K	USD	2 Qtrs
Reinsurance balances, net	`IncreaseDecreaseinReinsuranceAssetsandLiabilities`	$-365.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-7.36M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.73M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$61.35M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$14.59M	USD	2 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$78.56M	USD	2 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$83.87M	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`	$219.09M	USD	2 Qtrs
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$94.68M	USD	2 Qtrs
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$52.56M	USD	2 Qtrs
Proceeds from redemptions, maturities and sale of fixed-maturity investments, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$111.48M	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`	$3.27M	USD	2 Qtrs
Additions to software and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.86M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-40.15M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-142.19M	USD	2 Qtrs
Proceeds from issuance of common stock related to public offering	`ProceedsFromIssuanceOfCommonStock`	$79.20M	USD	Point-in-time
Proceeds from issuance of common stock related to public offering	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from issuance of common stock related to public offering	`ProceedsFromIssuanceOfCommonStock`	$79.17M	USD	2 Qtrs
Proceeds from issuance of common stock related to employee equity plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$2.61M	USD	2 Qtrs
Proceeds from issuance of common stock related to employee equity plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$6.17M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.64M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.48M	USD	2 Qtrs
Proceeds from senior note, net	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	2 Qtrs
Proceeds from senior note, net	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$149.25M	USD	2 Qtrs
Repayments of term loan	`RepaymentsOfLongTermDebt`	$146.62M	USD	2 Qtrs
Repayments of term loan	`RepaymentsOfLongTermDebt`	$750.00K	USD	2 Qtrs
Payments of debt modification costs	`PaymentsOfDebtIssuanceCosts`	$370.00K	USD	2 Qtrs
Payments of debt modification costs	`PaymentsOfDebtIssuanceCosts`	$3.38M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$78.10M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.15M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.74M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-27.71M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$47.75M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$16.45M	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`	$19.20M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$47.75M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$16.45M	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`	$19.20M	USD	Point-in-time
Interest paid	`InterestPaid`	$6.42M	USD	2 Qtrs
Interest paid	`InterestPaid`	$7.29M	USD	2 Qtrs
Income tax paid	`IncomeTaxesPaid`	$585.00K	USD	2 Qtrs
Income tax paid	`IncomeTaxesPaid`	$447.00K	USD	2 Qtrs

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Change in unrealized investment gains/losses, tax (benefit) expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$1.31M	USD	Annual
Change in unrealized investment gains/losses, tax (benefit) expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-3.31M	USD	2 Qtrs
Stock issued upon exercise of warrants (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	32,368.00	shares	Annual
Stock issued upon exercise of warrants (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	29,437.00	shares	2 Qtrs
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$629.64M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$509.08M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$475.51M	USD	Point-in-time
Cumulative effect of change in accounting principle	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$903.00K	USD	Point-in-time
Cumulative effect of change in accounting principle	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	-	USD	Point-in-time
Common stock: class A shares issued related to public offering	`StockIssuedDuringPeriodValueNewIssues`	$79.17M	USD	2 Qtrs
Common stock: class A shares issued related to public offering (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	4.30M	shares	Point-in-time
Common stock: class A shares issued related to warrants	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$183.00K	USD	Annual
Common stock: class A shares issued related to warrants	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$552.00K	USD	2 Qtrs
Common stock: class A shares issued related to warrants (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	32,368.00	shares	Annual
Common stock: class A shares issued related to warrants (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	29,437.00	shares	2 Qtrs
Common stock: class A shares issued under stock plans, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanNetofTaxWithholdings`	$-104.00K	USD	2 Qtrs
Common stock: class A shares issued under stock plans, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanNetofTaxWithholdings`	$-1.48M	USD	Annual
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.48M	USD	Annual
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.82M	USD	2 Qtrs
Change in unrealized investment gains/losses, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$2.43M	USD	Annual
Change in unrealized investment gains/losses, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-12.47M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$47.60M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$22.05M	USD	Annual
Net income	`NetIncomeLoss`	$11.50M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$6.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$25.24M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$629.64M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$509.08M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$475.51M	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Net unrealized (losses) gains in accumulated other comprehensive income, tax (benefit) expense	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$1.39M	USD	1 Quarter
Net unrealized (losses) gains in accumulated other comprehensive income, tax (benefit) expense	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-2.88M	USD	1 Quarter
Net unrealized (losses) gains in accumulated other comprehensive income, tax (benefit) expense	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-3.30M	USD	2 Qtrs
Net unrealized (losses) gains in accumulated other comprehensive income, tax (benefit) expense	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$2.70M	USD	2 Qtrs
Reclassification adjustment for realized losses included in net income, tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$66.00K	USD	1 Quarter
Reclassification adjustment for realized losses included in net income, tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$10.00K	USD	2 Qtrs
Reclassification adjustment for realized losses included in net income, tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$12.00K	USD	1 Quarter
Reclassification adjustment for realized losses included in net income, tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$45.00K	USD	2 Qtrs

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