10-Q Filing

NMI HOLDINGS, INC. CIK: 1547903 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001547903-19-000103`
Period End Date	20190630
Filing Date	20190801
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	nmihq2201910-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 96 Cash Flow Statement 82 Stockholders Equity 54 Comprehensive Income 8

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Fixed maturities, available-for-sale, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$994.54M	USD	Point-in-time
Fixed maturities, available-for-sale, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$924.99M	USD	Point-in-time
Fixed maturities, available-for-sale, at fair value (amortized cost of $994,543 and $924,987 as of June 30, 2019 and December 31, 2018, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$911.49M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.43M	USD	Point-in-time
Fixed maturities, available-for-sale, at fair value (amortized cost of $994,543 and $924,987 as of June 30, 2019 and December 31, 2018, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$1.02B	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.41M	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
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
Cash and cash equivalents (including restricted cash of $1,430 and $1,414 as of June 30, 2019 and December 31, 2018, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.29M	USD	Point-in-time
Cash and cash equivalents (including restricted cash of $1,430 and $1,414 as of June 30, 2019 and December 31, 2018, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.20M	USD	Point-in-time
Cash and cash equivalents (including restricted cash of $1,430 and $1,414 as of June 30, 2019 and December 31, 2018, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.73M	USD	Point-in-time
Cash and cash equivalents (including restricted cash of $1,430 and $1,414 as of June 30, 2019 and December 31, 2018, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.45M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$36.01M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	67.77M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	66.32M	shares	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$42.23M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$5.69M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	67.77M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	66.32M	shares	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$6.30M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$3.36M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$3.24M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Deferred policy acquisition costs, net	`DeferredPolicyAcquisitionCosts`	$46.84M	USD	Point-in-time
Deferred policy acquisition costs, net	`DeferredPolicyAcquisitionCosts`	$52.61M	USD	Point-in-time
Software and equipment, net	`PropertyPlantAndEquipmentNet`	$24.77M	USD	Point-in-time
Software and equipment, net	`PropertyPlantAndEquipmentNet`	$25.83M	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`	$20.43M	USD	Point-in-time
Prepaid reinsurance premiums	`PrepaidReinsurancePremiums`	$30.37M	USD	Point-in-time
Other assets	`OtherAssets`	$12.68M	USD	Point-in-time
Other assets	`OtherAssets`	$4.71M	USD	Point-in-time
Total assets	`Assets`	$1.22B	USD	Point-in-time
Total assets	`Assets`	$1.09B	USD	Point-in-time
Term loan	`LongTermDebt`	$146.76M	USD	Point-in-time
Term loan	`LongTermDebt`	$146.25M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$151.36M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$158.89M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$24.35M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$31.14M	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`	$12.81M	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$18.43M	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$10.60M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$27.11M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$18.09M	USD	Point-in-time
Warrant liability, at fair value	`WarrantsAndRightsOutstanding`	$5.10M	USD	Point-in-time
Warrant liability, at fair value	`WarrantsAndRightsOutstanding`	$9.68M	USD	Point-in-time
Warrant liability, at fair value	`WarrantsAndRightsOutstanding`	$7.30M	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$28.26M	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$2.74M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$11.60M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$3.79M	USD	Point-in-time
Total liabilities	`Liabilities`	$408.02M	USD	Point-in-time
Total liabilities	`Liabilities`	$390.54M	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; 67,768,466 and 66,318,849 shares issued and outstanding as of June 30, 2019 and December 31, 2018, respectively (250,000,000 shares authorized)	`CommonStockValueOutstanding`	$677.00K	USD	Point-in-time
Common stock - class A shares, $0.01 par value; 67,768,466 and 66,318,849 shares issued and outstanding as of June 30, 2019 and December 31, 2018, respectively (250,000,000 shares authorized)	`CommonStockValueOutstanding`	$663.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$682.18M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$692.16M	USD	Point-in-time
Accumulated other comprehensive income (loss), net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$14.05M	USD	Point-in-time
Accumulated other comprehensive income (loss), net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-14.83M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$105.49M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$33.49M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$509.08M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$629.64M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$812.38M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$601.94M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$701.50M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$751.88M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.22B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.09B	USD	Point-in-time

Income Statement 96 line items

Line Item	Tag	Value	Unit	Period
Net premiums earned	`PremiumsEarnedNet`	$116.53M	USD	2 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$157.12M	USD	2 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$61.62M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$83.25M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$7.63M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$10.31M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$5.74M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$15.01M	USD	2 Qtrs
Net realized investment (losses) gains	`GainLossOnInvestments`	$59.00K	USD	1 Quarter
Net realized investment (losses) gains	`GainLossOnInvestments`	$-113.00K	USD	1 Quarter
Net realized investment (losses) gains	`GainLossOnInvestments`	$59.00K	USD	2 Qtrs
Net realized investment (losses) gains	`GainLossOnInvestments`	$-300.00K	USD	2 Qtrs
Other revenues	`OtherIncome`	$108.00K	USD	2 Qtrs
Other revenues	`OtherIncome`	$456.00K	USD	2 Qtrs
Other revenues	`OtherIncome`	$415.00K	USD	1 Quarter
Other revenues	`OtherIncome`	$44.00K	USD	1 Quarter
Total revenues	`Revenues`	$172.29M	USD	2 Qtrs
Total revenues	`Revenues`	$127.00M	USD	2 Qtrs
Total revenues	`Revenues`	$67.45M	USD	1 Quarter
Total revenues	`Revenues`	$91.18M	USD	1 Quarter
Insurance claims and claim expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$2.92M	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`	$5.67M	USD	2 Qtrs
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$63.39M	USD	2 Qtrs
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$57.47M	USD	2 Qtrs
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$32.54M	USD	1 Quarter
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$29.02M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$35.47M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$29.66M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$59.69M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$69.06M	USD	2 Qtrs
(Loss) gain from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$529.00K	USD	2 Qtrs
(Loss) gain from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$109.00K	USD	1 Quarter
(Loss) gain from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$-1.69M	USD	1 Quarter
(Loss) gain from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$-7.16M	USD	2 Qtrs
Interest expense	`InterestExpense`	$3.07M	USD	1 Quarter
Interest expense	`InterestExpense`	$8.98M	USD	2 Qtrs
Interest expense	`InterestExpense`	$5.56M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.13M	USD	2 Qtrs
Total other expense	`OtherNonoperatingIncomeExpense`	$-5.45M	USD	1 Quarter
Total other expense	`OtherNonoperatingIncomeExpense`	$-13.30M	USD	2 Qtrs
Total other expense	`OtherNonoperatingIncomeExpense`	$-4.76M	USD	1 Quarter
Total other expense	`OtherNonoperatingIncomeExpense`	$-8.45M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$32.34M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$89.93M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$50.96M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$58.87M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$7.10M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$11.27M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$17.93M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$11.86M	USD	1 Quarter
Net income	`NetIncomeLoss`	$22.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$39.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$72.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$25.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.60M	USD	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.38	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.07	USD	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.58	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.74	USD	2 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.37	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.56	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.70	USD	2 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.04	USD	2 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	67.14M	shares	2 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	65.66M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	63.89M	shares	2 Qtrs
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	67.59M	shares	1 Quarter
Dilutive weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	69.59M	shares	1 Quarter
Dilutive weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	67.17M	shares	2 Qtrs
Dilutive weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	68.62M	shares	1 Quarter
Dilutive weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	69.35M	shares	2 Qtrs
Net income	`NetIncomeLoss`	$22.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$39.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$72.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$25.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.60M	USD	2 Qtrs
Unrealized gains (losses) in accumulated other comprehensive income, net of tax expense (benefit) of $3,662 and ($2,879) for the three months ended June 30, 2019 and 2018 and $7,615 and ($3,304) for the six months ended June 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$28.65M	USD	2 Qtrs
Unrealized gains (losses) in accumulated other comprehensive income, net of tax expense (benefit) of $3,662 and ($2,879) for the three months ended June 30, 2019 and 2018 and $7,615 and ($3,304) for the six months ended June 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-12.43M	USD	2 Qtrs
Unrealized gains (losses) in accumulated other comprehensive income, net of tax expense (benefit) of $3,662 and ($2,879) for the three months ended June 30, 2019 and 2018 and $7,615 and ($3,304) for the six months ended June 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.46M	USD	1 Quarter
Unrealized gains (losses) in accumulated other comprehensive income, net of tax expense (benefit) of $3,662 and ($2,879) for the three months ended June 30, 2019 and 2018 and $7,615 and ($3,304) for the six months ended June 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$13.78M	USD	1 Quarter
Reclassification adjustment for realized losses (gains) included in net income, net of tax (benefit) expense of ($24) and $12 for the three months ended June 30, 2019 and 2018 and ($63) and $10 for the six months ended June 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-89.00K	USD	1 Quarter
Reclassification adjustment for realized losses (gains) included in net income, net of tax (benefit) expense of ($24) and $12 for the three months ended June 30, 2019 and 2018 and ($63) and $10 for the six months ended June 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$46.00K	USD	1 Quarter
Reclassification adjustment for realized losses (gains) included in net income, net of tax (benefit) expense of ($24) and $12 for the three months ended June 30, 2019 and 2018 and ($63) and $10 for the six months ended June 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-237.00K	USD	2 Qtrs
Reclassification adjustment for realized losses (gains) included in net income, net of tax (benefit) expense of ($24) and $12 for the three months ended June 30, 2019 and 2018 and ($63) and $10 for the six months ended June 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$37.00K	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$28.88M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-12.47M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$13.87M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.51M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$100.88M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$23.73M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$52.97M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$35.13M	USD	2 Qtrs

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$22.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$39.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$72.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$25.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.60M	USD	2 Qtrs
Net realized investment losses (gains)	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$-300.00K	USD	2 Qtrs
Net realized investment losses (gains)	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$59.00K	USD	1 Quarter
Net realized investment losses (gains)	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$59.00K	USD	2 Qtrs
Net realized investment losses (gains)	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$-113.00K	USD	1 Quarter
Loss (gain) from change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$-529.00K	USD	2 Qtrs
Loss (gain) from change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$7.16M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$4.34M	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`	$-622.00K	USD	2 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$499.00K	USD	2 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$2.85M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$6.46M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$5.82M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$10.86M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$17.84M	USD	2 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$6.07M	USD	2 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$6.22M	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$607.00K	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$577.00K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$312.00K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$756.00K	USD	2 Qtrs
Deferred policy acquisition costs, net	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$5.77M	USD	2 Qtrs
Deferred policy acquisition costs, net	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$4.44M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$260.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-68.00K	USD	2 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$2.49M	USD	2 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-7.54M	USD	2 Qtrs
Reserve for insurance claims and claim expenses	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$1.84M	USD	2 Qtrs
Reserve for insurance claims and claim expenses	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$5.62M	USD	2 Qtrs
Reinsurance balances, net	`IncreaseDecreaseinReinsuranceAssetsandLiabilities`	$-365.00K	USD	2 Qtrs
Reinsurance balances, net	`IncreaseDecreaseinReinsuranceAssetsandLiabilities`	$438.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-6.38M	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`	$87.32M	USD	2 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$83.87M	USD	2 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$113.28M	USD	2 Qtrs
Purchase of fixed-maturity investments, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$126.18M	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`	$52.56M	USD	2 Qtrs
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$119.75M	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`	$49.23M	USD	2 Qtrs
Additions to software and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.27M	USD	2 Qtrs
Additions to software and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.49M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-142.19M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-74.97M	USD	2 Qtrs
Proceeds from issuance of common stock related to public offering, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$79.17M	USD	2 Qtrs
Proceeds from issuance of common stock related to public offering, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from issuance of common stock related to employee equity plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$6.17M	USD	2 Qtrs
Proceeds from issuance of common stock related to employee equity plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$12.37M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.48M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$13.54M	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`	$750.00K	USD	2 Qtrs
Repayments of term loan	`RepaymentsOfLongTermDebt`	$146.62M	USD	2 Qtrs
Payments of debt issuance/modification costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Payments of debt issuance/modification costs	`PaymentsOfDebtIssuanceCosts`	$3.38M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.91M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$78.10M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$10.44M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.74M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.29M	USD	Point-in-time
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`	$35.73M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.45M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.29M	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`	$35.73M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.45M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$5.37M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$6.42M	USD	2 Qtrs
Income tax (refunded) paid, net	`ProceedsFromIncomeTaxRefunds`	$134.00K	USD	2 Qtrs
Income tax (refunded) paid, net	`IncomeTaxesPaid`	$447.00K	USD	2 Qtrs

Stockholders Equity 54 line items

Line Item	Tag	Value	Unit	Period
Change in unrealized investment gains/losses, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-3.69M	USD	1 Quarter
Change in unrealized investment gains/losses, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$3.99M	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`	$-2.89M	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`	29,000.00	shares	2 Qtrs
Stock issued upon exercise of warrants (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	3,751.00	shares	1 Quarter
Stock issued upon exercise of warrants (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	168,000.00	shares	2 Qtrs
Stock issued upon exercise of warrants (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	39,195.00	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
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`	$509.08M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$629.64M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$812.38M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$601.94M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$701.50M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$751.88M	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 warrants	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$944.00K	USD	1 Quarter
Common stock: class A shares issued related to warrants	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$3.84M	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	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$489.00K	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`	29,000.00	shares	2 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 related to warrants (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	168,000.00	shares	2 Qtrs
Common stock: class A shares issued related to warrants (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	39,195.00	shares	1 Quarter
Common stock: class A shares issued under stock plans, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanNetofTaxWithholdings`	$-1.46M	USD	1 Quarter
Common stock: class A shares issued under stock plans, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanNetofTaxWithholdings`	$219.00K	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`	$887.00K	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.98M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.48M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.02M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.81M	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`	$15.02M	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`	$13.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$22.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$39.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$72.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$25.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.60M	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$509.08M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$629.64M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$812.38M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$601.94M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$701.50M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$751.88M	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`	$7.62M	USD	2 Qtrs
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`	$3.66M	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`	$-24.00K	USD	1 Quarter
Reclassification adjustment for realized losses included in net income, tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-63.00K	USD	2 Qtrs

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