10-Q Filing

NMI HOLDINGS, INC. CIK: 1547903 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001547903-19-000131`
Period End Date	20190930
Filing Date	20191107
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	nmihq3201910-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 100 Cash Flow Statement 86 Stockholders Equity 74 Comprehensive Income 8

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Fixed maturities, available-for-sale, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$1.04B	USD	Point-in-time
Fixed maturities, available-for-sale, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$924.99M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$2.93M	USD	Point-in-time
Fixed maturities, available-for-sale, at fair value (amortized cost of $1,043,639 and $924,987 as of September 30, 2019 and December 31, 2018, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$1.07B	USD	Point-in-time
Fixed maturities, available-for-sale, at fair value (amortized cost of $1,043,639 and $924,987 as of September 30, 2019 and December 31, 2018, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$911.49M	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
Cash and cash equivalents (including restricted cash of $2,933 and $1,414 as of September 30, 2019 and December 31, 2018, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$45.89M	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 $2,933 and $1,414 as of September 30, 2019 and December 31, 2018, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.29M	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 $2,933 and $1,414 as of September 30, 2019 and December 31, 2018, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.20M	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 $2,933 and $1,414 as of September 30, 2019 and December 31, 2018, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.19M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	67.93M	shares	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$36.01M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	66.32M	shares	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$45.73M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	66.32M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	67.93M	shares	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$6.88M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$5.69M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$4.52M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	250.00M	shares	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`	$56.64M	USD	Point-in-time
Software and equipment, net	`PropertyPlantAndEquipmentNet`	$24.77M	USD	Point-in-time
Software and equipment, net	`PropertyPlantAndEquipmentNet`	$26.30M	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`	$30.37M	USD	Point-in-time
Prepaid reinsurance premiums	`PrepaidReinsurancePremiums`	$17.92M	USD	Point-in-time
Other assets	`OtherAssets`	$20.77M	USD	Point-in-time
Other assets	`OtherAssets`	$4.71M	USD	Point-in-time
Total assets	`Assets`	$1.30B	USD	Point-in-time
Total assets	`Assets`	$1.09B	USD	Point-in-time
Term loan	`LongTermDebt`	$146.01M	USD	Point-in-time
Term loan	`LongTermDebt`	$146.76M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$158.89M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$145.15M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$39.30M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$31.14M	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$20.50M	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`	$12.81M	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$8.76M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$16.07M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$27.11M	USD	Point-in-time
Warrant liability, at fair value	`WarrantsAndRightsOutstanding`	$5.10M	USD	Point-in-time
Warrant liability, at fair value	`WarrantsAndRightsOutstanding`	$6.36M	USD	Point-in-time
Warrant liability, at fair value	`WarrantsAndRightsOutstanding`	$7.30M	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$43.77M	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$2.74M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$10.82M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$3.79M	USD	Point-in-time
Total liabilities	`Liabilities`	$390.54M	USD	Point-in-time
Total liabilities	`Liabilities`	$427.98M	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; 67,927,370 and 66,318,849 shares issued and outstanding as of September 30, 2019 and December 31, 2018, respectively (250,000,000 shares authorized)	`CommonStockValueOutstanding`	$663.00K	USD	Point-in-time
Common stock - class A shares, $0.01 par value; 67,927,370 and 66,318,849 shares issued and outstanding as of September 30, 2019 and December 31, 2018, respectively (250,000,000 shares authorized)	`CommonStockValueOutstanding`	$679.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$682.18M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$698.39M	USD	Point-in-time
Accumulated other comprehensive income (loss), net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$19.16M	USD	Point-in-time
Accumulated other comprehensive income (loss), net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-14.83M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$155.25M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$33.49M	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`	$660.49M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$629.64M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$873.49M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$751.88M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$509.08M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$812.38M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.30B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.09B	USD	Point-in-time

Income Statement 100 line items

Line Item	Tag	Value	Unit	Period
Net premiums earned	`PremiumsEarnedNet`	$181.94M	USD	3 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$92.38M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$249.50M	USD	3 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$65.41M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$22.89M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$6.28M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$16.59M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$7.88M	USD	1 Quarter
Net realized investment gains (losses)	`GainLossOnInvestments`	$-219.00K	USD	3 Qtrs
Net realized investment gains (losses)	`GainLossOnInvestments`	$81.00K	USD	1 Quarter
Net realized investment gains (losses)	`GainLossOnInvestments`	$-8.00K	USD	1 Quarter
Net realized investment gains (losses)	`GainLossOnInvestments`	$51.00K	USD	3 Qtrs
Other revenues	`OtherIncome`	$1.70M	USD	3 Qtrs
Other revenues	`OtherIncome`	$193.00K	USD	3 Qtrs
Other revenues	`OtherIncome`	$85.00K	USD	1 Quarter
Other revenues	`OtherIncome`	$1.24M	USD	1 Quarter
Total revenues	`Revenues`	$273.87M	USD	3 Qtrs
Total revenues	`Revenues`	$101.59M	USD	1 Quarter
Total revenues	`Revenues`	$198.77M	USD	3 Qtrs
Total revenues	`Revenues`	$71.76M	USD	1 Quarter
Insurance claims and claim expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$8.24M	USD	3 Qtrs
Insurance claims and claim expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$2.57M	USD	1 Quarter
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`	$30.38M	USD	1 Quarter
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$87.85M	USD	3 Qtrs
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$33.24M	USD	1 Quarter
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$96.64M	USD	3 Qtrs
Total expenses	`CostsAndExpenses`	$31.48M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$35.82M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$104.87M	USD	3 Qtrs
Total expenses	`CostsAndExpenses`	$91.16M	USD	3 Qtrs
Gain (loss) from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$-4.93M	USD	3 Qtrs
Gain (loss) from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$-5.46M	USD	1 Quarter
Gain (loss) from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$-6.03M	USD	3 Qtrs
Gain (loss) from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$1.14M	USD	1 Quarter
Interest expense	`InterestExpense`	$11.95M	USD	3 Qtrs
Interest expense	`InterestExpense`	$2.98M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.97M	USD	1 Quarter
Interest expense	`InterestExpense`	$9.11M	USD	3 Qtrs
Total other expense	`OtherNonoperatingIncomeExpense`	$-15.14M	USD	3 Qtrs
Total other expense	`OtherNonoperatingIncomeExpense`	$-8.44M	USD	1 Quarter
Total other expense	`OtherNonoperatingIncomeExpense`	$-1.84M	USD	1 Quarter
Total other expense	`OtherNonoperatingIncomeExpense`	$-16.89M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$153.86M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$63.93M	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`	$7.04M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$14.17M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$32.10M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$18.31M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$24.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$22.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$121.76M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$72.41M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$39.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$25.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.76M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.81	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.12	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.38	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.73	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.07	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.36	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.75	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.69	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	65.95M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	67.85M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	64.58M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	67.38M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	68.84M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	70.14M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	67.51M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	69.52M	shares	3 Qtrs
Net income	`NetIncomeLoss`	$24.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$22.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$121.76M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$72.41M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$39.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$25.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.76M	USD	1 Quarter
Unrealized gains (losses) in accumulated other comprehensive income, net of tax expense (benefit) of $1,376 and ($337) for the three months ended September 30, 2019 and 2018, respectively and $8,991 and ($3,676) for the nine months ended September 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-13.83M	USD	3 Qtrs
Unrealized gains (losses) in accumulated other comprehensive income, net of tax expense (benefit) of $1,376 and ($337) for the three months ended September 30, 2019 and 2018, respectively and $8,991 and ($3,676) for the nine months ended September 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.27M	USD	1 Quarter
Unrealized gains (losses) in accumulated other comprehensive income, net of tax expense (benefit) of $1,376 and ($337) for the three months ended September 30, 2019 and 2018, respectively and $8,991 and ($3,676) for the nine months ended September 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$5.18M	USD	1 Quarter
Unrealized gains (losses) in accumulated other comprehensive income, net of tax expense (benefit) of $1,376 and ($337) for the three months ended September 30, 2019 and 2018, respectively and $8,991 and ($3,676) for the nine months ended September 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$33.82M	USD	3 Qtrs
Reclassification adjustment for realized (gains) losses included in net income, net of tax expense (benefit) of $17 and ($2) for the three months ended September 30, 2019 and 2018, respectively and ($46) and ($27) for the nine months ended September 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-7.00K	USD	1 Quarter
Reclassification adjustment for realized (gains) losses included in net income, net of tax expense (benefit) of $17 and ($2) for the three months ended September 30, 2019 and 2018, respectively and ($46) and ($27) for the nine months ended September 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$64.00K	USD	1 Quarter
Reclassification adjustment for realized (gains) losses included in net income, net of tax expense (benefit) of $17 and ($2) for the three months ended September 30, 2019 and 2018, respectively and ($46) and ($27) for the nine months ended September 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-173.00K	USD	3 Qtrs
Reclassification adjustment for realized (gains) losses included in net income, net of tax expense (benefit) of $17 and ($2) for the three months ended September 30, 2019 and 2018, respectively and ($46) and ($27) for the nine months ended September 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-102.00K	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.26M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-13.73M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.11M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$34.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$58.68M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$23.55M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$54.88M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$155.76M	USD	3 Qtrs

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$24.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$22.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$121.76M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$72.41M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$39.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$25.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.76M	USD	1 Quarter
Net realized investment losses (gains)	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$81.00K	USD	1 Quarter
Net realized investment losses (gains)	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$51.00K	USD	3 Qtrs
Net realized investment losses (gains)	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$-219.00K	USD	3 Qtrs
Net realized investment losses (gains)	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$-8.00K	USD	1 Quarter
Loss from change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$6.03M	USD	3 Qtrs
Loss from change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$4.93M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$6.66M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$5.83M	USD	3 Qtrs
Net amortization of premium on investment securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-943.00K	USD	3 Qtrs
Net amortization of premium on investment securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.18M	USD	3 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$754.00K	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`	$9.86M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$31.99M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$16.70M	USD	3 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$9.72M	USD	3 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$9.50M	USD	3 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$1.19M	USD	3 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$1.67M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$980.00K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.47M	USD	3 Qtrs
Deferred policy acquisition costs, net	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$9.80M	USD	3 Qtrs
Deferred policy acquisition costs, net	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$6.51M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-927.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$8.43M	USD	3 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-13.75M	USD	3 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-273.00K	USD	3 Qtrs
Reserve for insurance claims and claim expenses	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$2.15M	USD	3 Qtrs
Reserve for insurance claims and claim expenses	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$7.69M	USD	3 Qtrs
Reinsurance balances, net	`IncreaseDecreaseinReinsuranceAssetsandLiabilities`	$779.00K	USD	3 Qtrs
Reinsurance balances, net	`IncreaseDecreaseinReinsuranceAssetsandLiabilities`	$-565.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.20M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.73M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$99.35M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$139.57M	USD	3 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$168.75M	USD	3 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$190.12M	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`	$186.79M	USD	3 Qtrs
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$149.00M	USD	3 Qtrs
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$200.10M	USD	3 Qtrs
Proceeds from redemptions, maturities and sale of fixed-maturity investments, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$154.44M	USD	3 Qtrs
Proceeds from redemptions, maturities and sale of fixed-maturity investments, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$67.00M	USD	3 Qtrs
Additions to software and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.45M	USD	3 Qtrs
Additions to software and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.33M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-117.26M	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`	-	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`	$13.73M	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`	$14.32M	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`	$147.00M	USD	3 Qtrs
Repayments of term loan	`RepaymentsOfLongTermDebt`	$1.12M	USD	3 Qtrs
Payments of debt issuance/modification costs	`PaymentsOfDebtIssuanceCosts`	$3.61M	USD	3 Qtrs
Payments of debt issuance/modification costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.71M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$80.57M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$20.59M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.01M	USD	3 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$45.89M	USD	Point-in-time
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`	$18.19M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$45.89M	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`	$18.19M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$8.06M	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$9.23M	USD	3 Qtrs
Income tax (refunded) paid, net	`ProceedsFromIncomeTaxRefunds`	$119.00K	USD	3 Qtrs
Income tax (refunded) paid, net	`IncomeTaxesPaid`	$687.00K	USD	3 Qtrs

Stockholders Equity 74 line items

Line Item	Tag	Value	Unit	Period
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`	$-335.00K	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`	$1.36M	USD	1 Quarter
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`	$-2.89M	USD	1 Quarter
Stock issued upon exercise of warrants (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	3,751.00	shares	1 Quarter
Stock issued upon exercise of warrants (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	57,000.00	shares	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`	39,195.00	shares	1 Quarter
Stock issued upon exercise of warrants (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	82,000.00	shares	1 Quarter
Stock issued upon exercise of warrants (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	249,000.00	shares	3 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
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`	$601.94M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$701.50M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$660.49M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$629.64M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$873.49M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$751.88M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$509.08M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$812.38M	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`	$3.84M	USD	1 Quarter
Common stock: class A shares issued related to warrants	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$2.18M	USD	1 Quarter
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`	$944.00K	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	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$63.00K	USD	1 Quarter
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`	57,000.00	shares	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`	39,195.00	shares	1 Quarter
Common stock: class A shares issued related to warrants (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	82,000.00	shares	1 Quarter
Common stock: class A shares issued related to warrants (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	249,000.00	shares	3 Qtrs
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`	$-1.46M	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`	$887.00K	USD	1 Quarter
Common stock: class A shares issued under stock plans, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanNetofTaxWithholdings`	$656.00K	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.02M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.96M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.40M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.48M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.98M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.81M	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax benefit/expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.26M	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax benefit/expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$5.11M	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax benefit/expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.51M	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax benefit/expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$13.87M	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax benefit/expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-10.96M	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax benefit/expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$15.02M	USD	1 Quarter
Net income	`NetIncomeLoss`	$24.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$22.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$121.76M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$72.41M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$39.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$25.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.76M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$601.94M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$701.50M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$660.49M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$629.64M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$873.49M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$751.88M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$509.08M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$812.38M	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`	$8.99M	USD	3 Qtrs
Net unrealized (losses) gains in accumulated other comprehensive income, tax (benefit) expense	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-3.68M	USD	3 Qtrs
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`	$1.38M	USD	1 Quarter
Reclassification adjustment for realized losses (gains) included in net income, tax expense (benefit)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-46.00K	USD	3 Qtrs
Reclassification adjustment for realized losses (gains) included in net income, tax expense (benefit)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$17.00K	USD	1 Quarter
Reclassification adjustment for realized losses (gains) included in net income, tax expense (benefit)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-27.00K	USD	3 Qtrs
Reclassification adjustment for realized losses (gains) included in net income, tax expense (benefit)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-2.00K	USD	1 Quarter

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