10-Q Filing

NMI HOLDINGS, INC. CIK: 1547903 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001547903-20-000045`
Period End Date	20200331
Filing Date	20200507
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	nmih-20200331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 46 Cash Flow Statement 72 Stockholders Equity 27 Comprehensive Income 4

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Fixed maturities, available-for-sale, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$1.11B	USD	Point-in-time
Fixed maturities, available-for-sale, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$1.06B	USD	Point-in-time
Restricted cash	`RestrictedCash`	$2.50M	USD	Point-in-time
Fixed maturities, available-for-sale, at fair value (amortized cost of $1,059,143 and $1,113,779 as of March 31, 2020 and December 31, 2019, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$1.14B	USD	Point-in-time
Fixed maturities, available-for-sale, at fair value (amortized cost of $1,059,143 and $1,113,779 as of March 31, 2020 and December 31, 2019, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$1.07B	USD	Point-in-time
Restricted cash	`RestrictedCash`	$2.66M	USD	Point-in-time
Cash and cash equivalents (including restricted cash of $2,505 and $2,662 as of March 31, 2020 and December 31, 2019, 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 $2,505 and $2,662 as of March 31, 2020 and December 31, 2019, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$39.76M	USD	Point-in-time
Cash and cash equivalents (including restricted cash of $2,505 and $2,662 as of March 31, 2020 and December 31, 2019, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$41.09M	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 $2,505 and $2,662 as of March 31, 2020 and December 31, 2019, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$109.82M	USD	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$46.09M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	68.87M	shares	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$46.87M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	68.36M	shares	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$7.19M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	68.87M	shares	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$6.83M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	68.36M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$3.51M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$4.75M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Deferred policy acquisition costs, net	`DeferredPolicyAcquisitionCosts`	$59.97M	USD	Point-in-time
Deferred policy acquisition costs, net	`DeferredPolicyAcquisitionCosts`	$62.63M	USD	Point-in-time
Software and equipment, net	`PropertyPlantAndEquipmentNet`	$26.10M	USD	Point-in-time
Software and equipment, net	`PropertyPlantAndEquipmentNet`	$25.67M	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`	$13.10M	USD	Point-in-time
Prepaid reinsurance premiums	`PrepaidReinsurancePremiums`	$15.49M	USD	Point-in-time
Other assets	`OtherAssets`	$21.17M	USD	Point-in-time
Other assets	`OtherAssets`	$44.09M	USD	Point-in-time
Total assets	`Assets`	$1.39B	USD	Point-in-time
Total assets	`Assets`	$1.36B	USD	Point-in-time
Term loan	`LongTermDebt`	$145.52M	USD	Point-in-time
Term loan	`LongTermDebt`	$145.76M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$136.64M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$126.91M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$20.75M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$39.90M	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$29.48M	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$23.75M	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$15.54M	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$12.81M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$12.73M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$14.31M	USD	Point-in-time
Warrant liability, at fair value	`WarrantsAndRightsOutstanding`	$1.46M	USD	Point-in-time
Warrant liability, at fair value	`WarrantsAndRightsOutstanding`	$7.64M	USD	Point-in-time
Warrant liability, at fair value	`WarrantsAndRightsOutstanding`	$5.10M	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$66.83M	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$56.36M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$10.03M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$9.26M	USD	Point-in-time
Total liabilities	`Liabilities`	$434.40M	USD	Point-in-time
Total liabilities	`Liabilities`	$412.94M	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; 68,873,540 and 68,358,074 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively (250,000,000 shares authorized)	`CommonStockValueOutstanding`	$684.00K	USD	Point-in-time
Common stock - class A shares, $0.01 par value; 68,873,540 and 68,358,074 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively (250,000,000 shares authorized)	`CommonStockValueOutstanding`	$689.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$706.02M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$707.00M	USD	Point-in-time
Accumulated other comprehensive income, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$17.29M	USD	Point-in-time
Accumulated other comprehensive income, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.46M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$205.44M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$263.72M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$930.42M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$974.89M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$751.88M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$701.50M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.39B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.36B	USD	Point-in-time

Income Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net premiums earned	`PremiumsEarnedNet`	$98.72M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$73.87M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$8.10M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$7.38M	USD	1 Quarter
Net realized investment losses	`GainLossOnInvestments`	$-72.00K	USD	1 Quarter
Net realized investment losses	`GainLossOnInvestments`	$-187.00K	USD	1 Quarter
Other revenues	`OtherIncome`	$42.00K	USD	1 Quarter
Other revenues	`OtherIncome`	$900.00K	USD	1 Quarter
Total revenues	`Revenues`	$81.11M	USD	1 Quarter
Total revenues	`Revenues`	$107.65M	USD	1 Quarter
Insurance claims and claim expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$5.70M	USD	1 Quarter
Insurance claims and claim expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$2.74M	USD	1 Quarter
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$32.28M	USD	1 Quarter
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$30.80M	USD	1 Quarter
Service expenses	`OtherNonoperatingExpense`	$49.00K	USD	1 Quarter
Service expenses	`OtherNonoperatingExpense`	$734.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$2.74M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.06M	USD	1 Quarter
(Gain) loss from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$-5.48M	USD	1 Quarter
(Gain) loss from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$5.96M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$42.13M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$35.49M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$38.97M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$72.16M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$6.08M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$13.88M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$58.27M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.85	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.49	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.74	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.48	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	66.69M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	68.56M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	69.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	70.40M	shares	1 Quarter
Net income	`NetIncomeLoss`	$32.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$58.27M	USD	1 Quarter
Unrealized (losses) gains in accumulated other comprehensive income, net of tax (benefit) expense of ($3,424) and $3,953 for the quarters ended March 31, 2020 and 2019, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-12.88M	USD	1 Quarter
Unrealized (losses) gains in accumulated other comprehensive income, net of tax (benefit) expense of ($3,424) and $3,953 for the quarters ended March 31, 2020 and 2019, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$14.87M	USD	1 Quarter
Reclassification adjustment for realized losses included in net income, net of tax (benefit) of ($15) and ($39) for the quarters ended March 31, 2020 and 2019, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-148.00K	USD	1 Quarter
Reclassification adjustment for realized losses included in net income, net of tax (benefit) of ($15) and ($39) for the quarters ended March 31, 2020 and 2019, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-57.00K	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$15.02M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-12.82M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$47.91M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$45.45M	USD	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$32.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$58.27M	USD	1 Quarter
Net realized investment losses	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$-72.00K	USD	1 Quarter
Net realized investment losses	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$-187.00K	USD	1 Quarter
(Gain) loss from change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$-5.96M	USD	1 Quarter
(Gain) loss from change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$5.48M	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$2.10M	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$2.44M	USD	1 Quarter
Net amortization of premium on investment securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-318.00K	USD	1 Quarter
Net amortization of premium on investment securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-314.00K	USD	1 Quarter
Amortization of debt discount and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$248.00K	USD	1 Quarter
Amortization of debt discount and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$258.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$6.04M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$13.88M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$2.55M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$2.98M	USD	1 Quarter
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$2.47M	USD	1 Quarter
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$787.00K	USD	1 Quarter
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$361.00K	USD	1 Quarter
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$859.00K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.41M	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.24M	USD	1 Quarter
Deferred policy acquisition costs, net	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$2.66M	USD	1 Quarter
Deferred policy acquisition costs, net	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$1.98M	USD	1 Quarter
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$157.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-191.00K	USD	1 Quarter
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-9.73M	USD	1 Quarter
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-4.57M	USD	1 Quarter
Reserve for insurance claims and claim expenses	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$5.73M	USD	1 Quarter
Reserve for insurance claims and claim expenses	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$2.73M	USD	1 Quarter
Reinsurance balances, net	`IncreaseDecreaseinReinsuranceAssetsandLiabilities`	$148.00K	USD	1 Quarter
Reinsurance balances, net	`IncreaseDecreaseinReinsuranceAssetsandLiabilities`	$691.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-13.45M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-14.08M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$28.28M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$47.85M	USD	1 Quarter
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$47.99M	USD	1 Quarter
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$41.87M	USD	1 Quarter
Purchase of fixed-maturity investments, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$58.43M	USD	1 Quarter
Purchase of fixed-maturity investments, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$72.59M	USD	1 Quarter
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$81.31M	USD	1 Quarter
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$81.21M	USD	1 Quarter
Proceeds from redemptions, maturities and sale of fixed-maturity investments, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$46.37M	USD	1 Quarter
Proceeds from redemptions, maturities and sale of fixed-maturity investments, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$29.04M	USD	1 Quarter
Software and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.75M	USD	1 Quarter
Software and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.49M	USD	1 Quarter
Net cash provided by used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$25.78M	USD	1 Quarter
Net cash provided by used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.98M	USD	1 Quarter
Proceeds from issuance of common stock related to employee equity plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$3.37M	USD	1 Quarter
Proceeds from issuance of common stock related to employee equity plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$11.02M	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.48M	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.12M	USD	1 Quarter
Repayments of term loan	`RepaymentsOfLongTermDebt`	$375.00K	USD	1 Quarter
Repayments of term loan	`RepaymentsOfLongTermDebt`	$375.00K	USD	1 Quarter
Payments of debt issuance/modification costs	`PaymentsOfDebtIssuanceCosts`	$778.00K	USD	1 Quarter
Payments of debt issuance/modification costs	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.90M	USD	1 Quarter
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.83M	USD	1 Quarter
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$14.47M	USD	1 Quarter
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$68.73M	USD	1 Quarter
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`	$39.76M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$41.09M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$109.82M	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`	$39.76M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$41.09M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$109.82M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$2.40M	USD	1 Quarter
Interest paid	`InterestPaidNet`	$2.62M	USD	1 Quarter
Income taxes refunded	`IncomeTaxesPaidNet`	$209.00K	USD	1 Quarter
Income taxes refunded	`IncomeTaxesPaidNet`	-	USD	1 Quarter

Stockholders Equity 27 line items

Line Item	Tag	Value	Unit	Period
Change in unrealized investment gains/losses, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-3.41M	USD	1 Quarter
Change in unrealized investment gains/losses, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$3.99M	USD	1 Quarter
Common stock: class A shares issued related to warrants (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	6,474.00	shares	1 Quarter
Common stock: class A shares issued related to 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
Beginning balance	`StockholdersEquity`	$930.42M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$974.89M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$751.88M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$701.50M	USD	Point-in-time
Common stock: class A shares issued related to warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$221.00K	USD	1 Quarter
Common stock: class A shares issued related to warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$944.00K	USD	1 Quarter
Common stock: class A shares issued related to warrants (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	6,474.00	shares	1 Quarter
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`	$-3.75M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.55M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.98M	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax benefit/expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$15.02M	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax benefit/expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-12.82M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$58.27M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$930.42M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$974.89M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$751.88M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$701.50M	USD	Point-in-time

Comprehensive Income 4 line items

Line Item	Tag	Value	Unit	Period
Net unrealized (losses) gains in accumulated other comprehensive income, tax (benefit) expense	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-3.42M	USD	1 Quarter
Net unrealized (losses) gains in accumulated other comprehensive income, tax (benefit) expense	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$3.95M	USD	1 Quarter
Reclassification adjustment for realized losses (gains) included in net income, tax expense (benefit)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-39.00K	USD	1 Quarter
Reclassification adjustment for realized losses (gains) included in net income, tax expense (benefit)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-15.00K	USD	1 Quarter

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