10-Q Filing

NMI HOLDINGS, INC. CIK: 1547903 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001547903-18-000133`
Period End Date	20180930
Filing Date	20181030
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	nmih-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 92 Cash Flow Statement 87 Stockholders Equity 65 Comprehensive Income 8

Balance Sheet 78 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`	$889.79M	USD	Point-in-time
Fixed maturities, available-for-sale, at fair value (amortized cost of $889,794 and $713,859 as of September 30, 2018 and December 31, 2017, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$874.43M	USD	Point-in-time
Fixed maturities, available-for-sale, at fair value (amortized cost of $889,794 and $713,859 as of September 30, 2018 and December 31, 2017, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$715.88M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.41M	USD	Point-in-time
Restricted cash	`RestrictedCash`	-	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents (including restricted cash of $1,406 and $0 as of September 30, 2018 and December 31, 2017, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.20M	USD	Point-in-time
Cash and cash equivalents (including restricted cash of $1,406 and $0 as of September 30, 2018 and December 31, 2017, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.19M	USD	Point-in-time
Cash and cash equivalents (including restricted cash of $1,406 and $0 as of September 30, 2018 and December 31, 2017, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$47.75M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents (including restricted cash of $1,406 and $0 as of September 30, 2018 and December 31, 2017, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.70M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$34.67M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	60.52M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	66.29M	shares	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$25.18M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$5.88M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$4.21M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	60.52M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	66.29M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$3.13M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$2.15M	USD	Point-in-time
Deferred policy acquisition costs, net	`DeferredPolicyAcquisitionCosts`	$44.44M	USD	Point-in-time
Deferred policy acquisition costs, net	`DeferredPolicyAcquisitionCosts`	$37.92M	USD	Point-in-time
Software and equipment, net	`PropertyPlantAndEquipmentNet`	$22.89M	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`	$33.06M	USD	Point-in-time
Deferred tax asset, net	`DeferredIncomeTaxAssetsNet`	$19.93M	USD	Point-in-time
Deferred tax asset, net	`DeferredIncomeTaxAssetsNet`	$6.88M	USD	Point-in-time
Other assets	`OtherAssets`	$3.69M	USD	Point-in-time
Other assets	`OtherAssets`	$5.28M	USD	Point-in-time
Total assets	`Assets`	$1.05B	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`	$147.01M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$162.89M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$163.17M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$27.13M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$23.36M	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$10.91M	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`	$3.00M	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$6.12M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$34.10M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$28.95M	USD	Point-in-time
Deferred ceding commission	`DeferredCedingCommission`	$4.16M	USD	Point-in-time
Deferred ceding commission	`DeferredCedingCommission`	$5.02M	USD	Point-in-time
Warrant liability, at fair value	`WarrantsAndRightsOutstanding`	$10.93M	USD	Point-in-time
Warrant liability, at fair value	`WarrantsAndRightsOutstanding`	$7.47M	USD	Point-in-time
Warrant liability, at fair value	`WarrantsAndRightsOutstanding`	$5.10M	USD	Point-in-time
Total liabilities	`Liabilities`	$385.77M	USD	Point-in-time
Total liabilities	`Liabilities`	$391.99M	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; 66,285,847 and 60,517,512 shares issued and outstanding as of September 30, 2018 and December 31, 2017, respectively (250,000,000 shares authorized)	`CommonStockValueOutstanding`	$663.00K	USD	Point-in-time
Common stock - class A shares, $0.01 par value; 66,285,847 and 60,517,512 shares issued and outstanding as of September 30, 2018 and December 31, 2017, respectively (250,000,000 shares authorized)	`CommonStockValueOutstanding`	$605.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$678.16M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$585.49M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.86M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-16.30M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.03M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-74.16M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$629.64M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$483.91M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$660.49M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$511.02M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$601.94M	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 shareholders' equity	`StockholdersEquity`	$509.08M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$894.85M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.05B	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net premiums earned	`PremiumsEarnedNet`	$115.66M	USD	3 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$65.41M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$181.94M	USD	3 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$44.52M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$6.28M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$4.17M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$16.59M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$11.88M	USD	3 Qtrs
Net realized investment (losses) gains	`GainLossOnInvestments`	$198.00K	USD	3 Qtrs
Net realized investment (losses) gains	`GainLossOnInvestments`	$51.00K	USD	3 Qtrs
Net realized investment (losses) gains	`GainLossOnInvestments`	$69.00K	USD	1 Quarter
Net realized investment (losses) gains	`GainLossOnInvestments`	$-8.00K	USD	1 Quarter
Other revenues	`OtherIncome`	$461.00K	USD	3 Qtrs
Other revenues	`OtherIncome`	$193.00K	USD	3 Qtrs
Other revenues	`OtherIncome`	$195.00K	USD	1 Quarter
Other revenues	`OtherIncome`	$85.00K	USD	1 Quarter
Total revenues	`Revenues`	$128.21M	USD	3 Qtrs
Total revenues	`Revenues`	$48.95M	USD	1 Quarter
Total revenues	`Revenues`	$71.76M	USD	1 Quarter
Total revenues	`Revenues`	$198.77M	USD	3 Qtrs
Insurance claims and claim expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$957.00K	USD	1 Quarter
Insurance claims and claim expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$2.96M	USD	3 Qtrs
Insurance claims and claim expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$3.31M	USD	3 Qtrs
Insurance claims and claim expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$1.10M	USD	1 Quarter
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$24.64M	USD	1 Quarter
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$78.68M	USD	3 Qtrs
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$87.85M	USD	3 Qtrs
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$30.38M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$25.60M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$31.48M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$91.16M	USD	3 Qtrs
Total expenses	`CostsAndExpenses`	$81.65M	USD	3 Qtrs
Loss from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$-5.46M	USD	1 Quarter
Loss from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$-4.93M	USD	3 Qtrs
Loss from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$-679.00K	USD	3 Qtrs
Loss from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$-502.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$3.35M	USD	1 Quarter
Interest expense	`InterestExpense`	$11.95M	USD	3 Qtrs
Interest expense	`InterestExpense`	$2.97M	USD	1 Quarter
Interest expense	`InterestExpense`	$10.15M	USD	3 Qtrs
Total other expense	`OtherNonoperatingIncomeExpense`	$-8.44M	USD	1 Quarter
Total other expense	`OtherNonoperatingIncomeExpense`	$-3.85M	USD	1 Quarter
Total other expense	`OtherNonoperatingIncomeExpense`	$-10.82M	USD	3 Qtrs
Total other expense	`OtherNonoperatingIncomeExpense`	$-16.89M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$35.73M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$19.50M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$90.72M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$31.85M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$11.92M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$7.04M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$18.31M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$7.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$24.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$23.82M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$22.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$25.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$72.41M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$6.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.31M	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.21	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.40	USD	3 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.38	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.12	USD	3 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.36	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.38	USD	3 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.07	USD	3 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	65.95M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	64.58M	shares	3 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	59.68M	shares	3 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	59.88M	shares	1 Quarter
Dilutive weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	67.51M	shares	3 Qtrs
Dilutive weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	68.84M	shares	1 Quarter
Dilutive weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	62.77M	shares	3 Qtrs
Dilutive weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	63.09M	shares	1 Quarter
Net unrealized gains (losses) in accumulated other comprehensive income, net of tax (benefit) expense of ($337) and $366 for the three months ended September 30, 2018 and 2017, respectively, and ($3,676) and $2,439 for the nine months ended September 30, 2018 and 2017	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-13.83M	USD	3 Qtrs
Net unrealized gains (losses) in accumulated other comprehensive income, net of tax (benefit) expense of ($337) and $366 for the three months ended September 30, 2018 and 2017, respectively, and ($3,676) and $2,439 for the nine months ended September 30, 2018 and 2017	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$4.79M	USD	3 Qtrs
Net unrealized gains (losses) in accumulated other comprehensive income, net of tax (benefit) expense of ($337) and $366 for the three months ended September 30, 2018 and 2017, respectively, and ($3,676) and $2,439 for the nine months ended September 30, 2018 and 2017	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.27M	USD	1 Quarter
Net unrealized gains (losses) in accumulated other comprehensive income, net of tax (benefit) expense of ($337) and $366 for the three months ended September 30, 2018 and 2017, respectively, and ($3,676) and $2,439 for the nine months ended September 30, 2018 and 2017	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$768.00K	USD	1 Quarter
Reclassification adjustment for realized losses (gains) included in net income, net of tax expense (benefit) of ($2) and $24 for the three months ended September 30, 2018 and 2017, respectively, and ($27) and $69 for the nine months ended September 30, 2018 and 2017	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$45.00K	USD	1 Quarter
Reclassification adjustment for realized losses (gains) included in net income, net of tax expense (benefit) of ($2) and $24 for the three months ended September 30, 2018 and 2017, respectively, and ($27) and $69 for the nine months ended September 30, 2018 and 2017	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$129.00K	USD	3 Qtrs
Reclassification adjustment for realized losses (gains) included in net income, net of tax expense (benefit) of ($2) and $24 for the three months ended September 30, 2018 and 2017, respectively, and ($27) and $69 for the nine months ended September 30, 2018 and 2017	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-7.00K	USD	1 Quarter
Reclassification adjustment for realized losses (gains) included in net income, net of tax expense (benefit) of ($2) and $24 for the three months ended September 30, 2018 and 2017, respectively, and ($27) and $69 for the nine months ended September 30, 2018 and 2017	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-102.00K	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.26M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-13.73M	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$4.66M	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$723.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$28.47M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$13.04M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$23.55M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$58.68M	USD	3 Qtrs

Cash Flow Statement 87 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$24.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$23.82M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$22.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$25.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$72.41M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$6.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.31M	USD	1 Quarter
Net realized investment gains	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$-8.00K	USD	1 Quarter
Net realized investment gains	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$198.00K	USD	3 Qtrs
Net realized investment gains	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$51.00K	USD	3 Qtrs
Net realized investment gains	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$69.00K	USD	1 Quarter
Loss from change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$4.93M	USD	3 Qtrs
Loss from change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$679.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$5.83M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$4.87M	USD	3 Qtrs
Net amortization of premium on investment securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.18M	USD	3 Qtrs
Net amortization of premium on investment securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.20M	USD	3 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.11M	USD	3 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$3.14M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$8.78M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$6.93M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$11.34M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$16.70M	USD	3 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$7.33M	USD	3 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$9.50M	USD	3 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$1.18M	USD	3 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$1.67M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$660.00K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$980.00K	USD	3 Qtrs
Deferred policy acquisition costs, net	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$6.51M	USD	3 Qtrs
Deferred policy acquisition costs, net	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$5.99M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-927.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$273.00K	USD	3 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$8.44M	USD	3 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-273.00K	USD	3 Qtrs
Reserve for insurance claims and claim expenses	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$3.12M	USD	3 Qtrs
Reserve for insurance claims and claim expenses	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$2.15M	USD	3 Qtrs
Reinsurance balances, net	`IncreaseDecreaseinReinsuranceAssetsandLiabilities`	$259.00K	USD	3 Qtrs
Reinsurance balances, net	`IncreaseDecreaseinReinsuranceAssetsandLiabilities`	$-565.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.73M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.85M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$99.35M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$41.78M	USD	3 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$111.55M	USD	3 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$168.75M	USD	3 Qtrs
Purchase of fixed-maturity investments, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$310.29M	USD	3 Qtrs
Purchase of fixed-maturity investments, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$166.64M	USD	3 Qtrs
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$142.72M	USD	3 Qtrs
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$149.00M	USD	3 Qtrs
Proceeds from redemptions, maturities and sale of fixed-maturity investments, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$75.78M	USD	3 Qtrs
Proceeds from redemptions, maturities and sale of fixed-maturity investments, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$154.44M	USD	3 Qtrs
Additions to software and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.87M	USD	3 Qtrs
Additions to software and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.33M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-66.55M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-180.93M	USD	3 Qtrs
Proceeds from issuance of common stock related to public offering, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$79.20M	USD	Point-in-time
Proceeds from issuance of common stock related to public offering, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds from issuance of common stock related to public offering, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$79.17M	USD	3 Qtrs
Proceeds from issuance of common stock related to employee equity plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$3.10M	USD	3 Qtrs
Proceeds from issuance of common stock related to employee equity plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$12.56M	USD	3 Qtrs
Proceeds from issuance of common stock related to warrants	`ProceedsFromWarrantExercises`	$320.00K	USD	3 Qtrs
Proceeds from issuance of common stock related to warrants	`ProceedsFromWarrantExercises`	-	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$10.11M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.88M	USD	3 Qtrs
Proceeds from senior note, net	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	3 Qtrs
Proceeds from senior note, net	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$149.25M	USD	3 Qtrs
Repayments of term loan	`RepaymentsOfLongTermDebt`	$1.12M	USD	3 Qtrs
Repayments of term loan	`RepaymentsOfLongTermDebt`	$147.00M	USD	3 Qtrs
Payments of debt issuance/modification costs	`PaymentsOfDebtIssuanceCosts`	$370.00K	USD	3 Qtrs
Payments of debt issuance/modification costs	`PaymentsOfDebtIssuanceCosts`	$3.61M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$80.57M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.27M	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-27.05M	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.01M	USD	3 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.20M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.19M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$47.75M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.20M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.19M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$47.75M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.70M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$9.23M	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$10.35M	USD	3 Qtrs
Income tax paid	`IncomeTaxesPaid`	$802.00K	USD	3 Qtrs
Income tax paid	`IncomeTaxesPaid`	$687.00K	USD	3 Qtrs

Stockholders Equity 65 line items

Line Item	Tag	Value	Unit	Period
Change in unrealized investment gains/losses, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-335.00K	USD	1 Quarter
Change in unrealized investment gains/losses, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$664.00K	USD	1 Quarter
Change in unrealized investment gains/losses, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-423.00K	USD	1 Quarter
Change in unrealized investment gains/losses, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-390.00K	USD	1 Quarter
Change in unrealized investment gains/losses, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-2.89M	USD	1 Quarter
Change in unrealized investment gains/losses, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-1.45M	USD	1 Quarter
Stock issued upon exercise of warrants (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	25,686.00	shares	1 Quarter
Stock issued upon exercise of warrants (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	87,000.00	shares	3 Qtrs
Stock issued upon exercise of warrants (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	3,751.00	shares	1 Quarter
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
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`	$483.91M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$660.49M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$511.02M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$601.94M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$475.51M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$495.04M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$509.08M	USD	Point-in-time
Cumulative effect of change in accounting principle	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$515.00K	USD	Point-in-time
Cumulative effect of change in accounting principle	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	-	USD	Point-in-time
Cumulative effect of change in accounting principle	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$388.00K	USD	Point-in-time
Common stock: class A shares issued related to public offering	`StockIssuedDuringPeriodValueNewIssues`	$79.17M	USD	1 Quarter
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`	$1.25M	USD	1 Quarter
Common stock: class A shares issued related to warrants	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$489.00K	USD	1 Quarter
Common stock: class A shares issued related to warrants	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$63.00K	USD	1 Quarter
Common stock: class A shares issued related to warrants (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	25,686.00	shares	1 Quarter
Common stock: class A shares issued related to warrants (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	87,000.00	shares	3 Qtrs
Common stock: class A shares issued related to warrants (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	3,751.00	shares	1 Quarter
Common stock: class A shares issued under stock plans, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanNetofTaxWithholdings`	$82.00K	USD	1 Quarter
Common stock: class A shares issued under stock plans, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanNetofTaxWithholdings`	$235.00K	USD	1 Quarter
Common stock: class A shares issued under stock plans, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanNetofTaxWithholdings`	$887.00K	USD	1 Quarter
Common stock: class A shares issued under stock plans, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanNetofTaxWithholdings`	$3.10M	USD	1 Quarter
Common stock: class A shares issued under stock plans, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanNetofTaxWithholdings`	$-991.00K	USD	1 Quarter
Common stock: class A shares issued under stock plans, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanNetofTaxWithholdings`	$-1.11M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.81M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.96M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.27M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.95M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.02M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.71M	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.51M	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$724.00K	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-10.96M	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$1.23M	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.26M	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$2.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$24.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$23.82M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$22.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$25.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$72.41M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$6.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.31M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$629.64M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$483.91M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$660.49M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$511.02M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$601.94M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$475.51M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$495.04M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$509.08M	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`	$366.00K	USD	1 Quarter
Net unrealized (losses) gains in accumulated other comprehensive income, tax (benefit) expense	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-337.00K	USD	1 Quarter
Net unrealized (losses) gains in accumulated other comprehensive income, tax (benefit) expense	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$2.44M	USD	3 Qtrs
Net unrealized (losses) gains in accumulated other comprehensive income, tax (benefit) expense	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-3.68M	USD	3 Qtrs
Reclassification adjustment for realized losses included in net income, tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-2.00K	USD	1 Quarter
Reclassification adjustment for realized losses included in net income, tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$24.00K	USD	1 Quarter
Reclassification adjustment for realized losses included in net income, tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-27.00K	USD	3 Qtrs
Reclassification adjustment for realized losses included in net income, tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$69.00K	USD	3 Qtrs

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