10-Q Filing

NMI HOLDINGS, INC. CIK: 1547903 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001547903-20-000089`
Period End Date	20200930
Filing Date	20201105
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	nmih-20200930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 100 Cash Flow Statement 86 Stockholders Equity 61 Comprehensive Income 8

Balance Sheet 79 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`	$1.62B	USD	Point-in-time
Restricted cash	`RestrictedCash`	$5.55M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$2.66M	USD	Point-in-time
Fixed maturities, available-for-sale, at fair value (amortized cost of $1,624,970 and $1,113,779 as of September 30, 2020 and December 31, 2019, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$1.69B	USD	Point-in-time
Fixed maturities, available-for-sale, at fair value (amortized cost of $1,624,970 and $1,113,779 as of September 30, 2020 and December 31, 2019, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$1.14B	USD	Point-in-time
Cash and cash equivalents (including restricted cash of $5,555 and $2,662 as of September 30, 2020 and December 31, 2019, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$41.09M	USD	Point-in-time
Cash and cash equivalents (including restricted cash of $5,555 and $2,662 as of September 30, 2020 and December 31, 2019, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.29M	USD	Point-in-time
Cash and cash equivalents (including restricted cash of $5,555 and $2,662 as of September 30, 2020 and December 31, 2019, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$45.89M	USD	Point-in-time
Cash and cash equivalents (including restricted cash of $5,555 and $2,662 as of September 30, 2020 and December 31, 2019, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$194.20M	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
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$46.09M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	84.81M	shares	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$48.16M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	68.36M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	68.36M	shares	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$9.77M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$6.83M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	84.81M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$3.51M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$4.58M	USD	Point-in-time
Deferred policy acquisition costs, net	`DeferredPolicyAcquisitionCosts`	$59.97M	USD	Point-in-time
Deferred policy acquisition costs, net	`DeferredPolicyAcquisitionCosts`	$63.19M	USD	Point-in-time
Software and equipment, net	`PropertyPlantAndEquipmentNet`	$26.10M	USD	Point-in-time
Software and equipment, net	`PropertyPlantAndEquipmentNet`	$28.13M	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`	$8.01M	USD	Point-in-time
Prepaid reinsurance premiums	`PrepaidReinsurancePremiums`	$15.49M	USD	Point-in-time
Reinsurance recoverable	`ReinsuranceRecoverablesGross`	$4.94M	USD	Point-in-time
Reinsurance recoverable	`ReinsuranceRecoverablesGross`	$17.18M	USD	Point-in-time
Other assets	`OtherAssets`	$15.15M	USD	Point-in-time
Other assets	`OtherAssets`	$16.23M	USD	Point-in-time
Total assets	`Assets`	$1.36B	USD	Point-in-time
Total assets	`Assets`	$2.08B	USD	Point-in-time
Debt	`SecuredDebt`	$392.99M	USD	Point-in-time
Debt	`SecuredDebt`	$145.76M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$116.01M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$136.64M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$59.32M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$39.90M	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`	$23.75M	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`	$87.23M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$10.36M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$14.31M	USD	Point-in-time
Warrant liability, at fair value	`WarrantsAndRightsOutstanding`	$3.13M	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`	$56.36M	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$97.45M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$10.03M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$7.77M	USD	Point-in-time
Total liabilities	`Liabilities`	$434.40M	USD	Point-in-time
Total liabilities	`Liabilities`	$774.26M	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; 84,808,516 and 68,358,074 shares issued and outstanding as of September 30, 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; 84,808,516 and 68,358,074 shares issued and outstanding as of September 30, 2020 and December 31, 2019, respectively (250,000,000 shares authorized)	`CommonStockValueOutstanding`	$848.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$930.91M	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`	$47.06M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$328.74M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$205.44M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$701.50M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$812.38M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$974.89M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$873.49M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$930.42M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$751.88M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.31B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.26B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.08B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$1.36B	USD	Point-in-time

Income Statement 100 line items

Line Item	Tag	Value	Unit	Period
Net premiums earned	`PremiumsEarnedNet`	$249.50M	USD	3 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$98.80M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$92.38M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$296.46M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$23.51M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$22.89M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$8.34M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$7.88M	USD	1 Quarter
Net realized investment (losses) gains	`GainLossOnInvestments`	$81.00K	USD	1 Quarter
Net realized investment (losses) gains	`GainLossOnInvestments`	$-4.00K	USD	1 Quarter
Net realized investment (losses) gains	`GainLossOnInvestments`	$-219.00K	USD	3 Qtrs
Net realized investment (losses) gains	`GainLossOnInvestments`	$635.00K	USD	3 Qtrs
Other revenues	`OtherIncome`	$1.24M	USD	1 Quarter
Other revenues	`OtherIncome`	$648.00K	USD	1 Quarter
Other revenues	`OtherIncome`	$2.77M	USD	3 Qtrs
Other revenues	`OtherIncome`	$1.70M	USD	3 Qtrs
Total revenues	`Revenues`	$101.59M	USD	1 Quarter
Total revenues	`Revenues`	$107.78M	USD	1 Quarter
Total revenues	`Revenues`	$323.38M	USD	3 Qtrs
Total revenues	`Revenues`	$273.87M	USD	3 Qtrs
Insurance claims and claim expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$15.67M	USD	1 Quarter
Insurance claims and claim expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$55.70M	USD	3 Qtrs
Insurance claims and claim expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$8.24M	USD	3 Qtrs
Insurance claims and claim expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$2.57M	USD	1 Quarter
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$33.97M	USD	1 Quarter
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$95.33M	USD	3 Qtrs
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$32.34M	USD	1 Quarter
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$96.62M	USD	3 Qtrs
Service expenses	`OtherNonoperatingExpense`	$1.31M	USD	3 Qtrs
Service expenses	`OtherNonoperatingExpense`	$2.38M	USD	3 Qtrs
Service expenses	`OtherNonoperatingExpense`	$557.00K	USD	1 Quarter
Service expenses	`OtherNonoperatingExpense`	$909.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$2.98M	USD	1 Quarter
Interest expense	`InterestExpense`	$16.48M	USD	3 Qtrs
Interest expense	`InterestExpense`	$9.11M	USD	3 Qtrs
Interest expense	`InterestExpense`	$7.80M	USD	1 Quarter
Loss (gain) from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$1.14M	USD	1 Quarter
Loss (gain) from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$-437.00K	USD	1 Quarter
Loss (gain) from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$4.29M	USD	3 Qtrs
Loss (gain) from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$-6.03M	USD	3 Qtrs
Total expenses	`CostsAndExpenses`	$120.01M	USD	3 Qtrs
Total expenses	`CostsAndExpenses`	$58.43M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$37.66M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$166.89M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$49.36M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$63.93M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$156.49M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$153.86M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$33.19M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$11.18M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$32.10M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$14.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$58.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.85M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$38.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$39.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$121.76M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$49.76M	USD	1 Quarter
Net income	`NetIncomeLoss`	$123.30M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.45	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.63	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.81	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.73	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.75	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.55	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.69	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.45	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	67.85M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	67.38M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	75.69M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	84.81M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.60M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	76.87M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	70.14M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	69.52M	shares	3 Qtrs
Net income	`NetIncomeLoss`	$58.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.85M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$38.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$39.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$121.76M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$49.76M	USD	1 Quarter
Net income	`NetIncomeLoss`	$123.30M	USD	3 Qtrs
Unrealized gains in accumulated other comprehensive income, net of tax expense of $2,494 and $1,376 for the three months ended September 30, 2020 and 2019, respectively, and $7,655 and $8,991 for the nine months ended September 30, 2020 and 2019, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$28.80M	USD	3 Qtrs
Unrealized gains in accumulated other comprehensive income, net of tax expense of $2,494 and $1,376 for the three months ended September 30, 2020 and 2019, respectively, and $7,655 and $8,991 for the nine months ended September 30, 2020 and 2019, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$5.18M	USD	1 Quarter
Unrealized gains in accumulated other comprehensive income, net of tax expense of $2,494 and $1,376 for the three months ended September 30, 2020 and 2019, respectively, and $7,655 and $8,991 for the nine months ended September 30, 2020 and 2019, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$9.38M	USD	1 Quarter
Unrealized gains in accumulated other comprehensive income, net of tax expense of $2,494 and $1,376 for the three months ended September 30, 2020 and 2019, respectively, and $7,655 and $8,991 for the nine months ended September 30, 2020 and 2019, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$33.82M	USD	3 Qtrs
Reclassification adjustment for realized losses (gains) included in net income, net of tax (benefit) expense of ($1) and $17 for the three months ended September 30, 2020 and 2019, respectively, and ($258) and ($46) for the nine months ended September 30, 2020 and 2019, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-972.00K	USD	3 Qtrs
Reclassification adjustment for realized losses (gains) included in net income, net of tax (benefit) expense of ($1) and $17 for the three months ended September 30, 2020 and 2019, respectively, and ($258) and ($46) for the nine months ended September 30, 2020 and 2019, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-173.00K	USD	3 Qtrs
Reclassification adjustment for realized losses (gains) included in net income, net of tax (benefit) expense of ($1) and $17 for the three months ended September 30, 2020 and 2019, respectively, and ($258) and ($46) for the nine months ended September 30, 2020 and 2019, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-3.00K	USD	1 Quarter
Reclassification adjustment for realized losses (gains) included in net income, net of tax (benefit) expense of ($1) and $17 for the three months ended September 30, 2020 and 2019, respectively, and ($258) and ($46) for the nine months ended September 30, 2020 and 2019, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$64.00K	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$34.00M	USD	3 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$9.38M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.11M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$29.77M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$47.56M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$54.88M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$153.07M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$155.76M	USD	3 Qtrs

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$58.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.85M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$38.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$39.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$121.76M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$49.76M	USD	1 Quarter
Net income	`NetIncomeLoss`	$123.30M	USD	3 Qtrs
Net realized investment (gains) losses	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$81.00K	USD	1 Quarter
Net realized investment (gains) losses	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$635.00K	USD	3 Qtrs
Net realized investment (gains) losses	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$-219.00K	USD	3 Qtrs
Net realized investment (gains) losses	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$-4.00K	USD	1 Quarter
(Gain) loss from change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$-4.29M	USD	3 Qtrs
(Gain) loss from change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$6.03M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$6.66M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$7.38M	USD	3 Qtrs
Net amortization of premium on investment securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-943.00K	USD	3 Qtrs
Net amortization of premium on investment securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-2.12M	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`	$3.60M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$33.18M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$31.99M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$8.23M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$9.86M	USD	3 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$2.07M	USD	3 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$9.72M	USD	3 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$2.94M	USD	3 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$1.19M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.07M	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`	$3.22M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$8.43M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$81.00K	USD	3 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-13.75M	USD	3 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-20.63M	USD	3 Qtrs
Reserve for insurance claims and claim expenses	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$63.48M	USD	3 Qtrs
Reserve for insurance claims and claim expenses	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$7.69M	USD	3 Qtrs
Reinsurance recoverable	`IncreaseDecreaseInReinsuranceRecoverable`	$12.24M	USD	3 Qtrs
Reinsurance recoverable	`IncreaseDecreaseInReinsuranceRecoverable`	$1.31M	USD	3 Qtrs
Reinsurance balances, net	`IncreaseDecreaseinReinsuranceAssetsandLiabilities`	$-529.00K	USD	3 Qtrs
Reinsurance balances, net	`IncreaseDecreaseinReinsuranceAssetsandLiabilities`	$-2.86M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$18.02M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.20M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$139.57M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$214.98M	USD	3 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$190.12M	USD	3 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$41.87M	USD	3 Qtrs
Purchase of fixed-maturity investments, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$902.52M	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`	$200.10M	USD	3 Qtrs
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$85.69M	USD	3 Qtrs
Proceeds from redemptions, maturities and sale of fixed-maturity investments, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$67.00M	USD	3 Qtrs
Proceeds from redemptions, maturities and sale of fixed-maturity investments, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$346.93M	USD	3 Qtrs
Software and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.45M	USD	3 Qtrs
Software and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.10M	USD	3 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-520.88M	USD	3 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-117.26M	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`	$219.69M	USD	3 Qtrs
Proceeds from issuance of common stock related to employee equity plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$3.41M	USD	3 Qtrs
Proceeds from issuance of common stock related to employee equity plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$13.73M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$14.32M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.46M	USD	3 Qtrs
Proceeds from senior secured notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$400.00M	USD	3 Qtrs
Proceeds from senior secured notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	3 Qtrs
Repayments of term loan	`RepaymentsOfSecuredDebt`	$1.12M	USD	3 Qtrs
Repayments of term loan	`RepaymentsOfSecuredDebt`	$147.75M	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$8.87M	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.71M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$459.01M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$20.59M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$153.11M	USD	3 Qtrs
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`	$25.29M	USD	Point-in-time
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`	$194.20M	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`	$25.29M	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`	$194.20M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$8.06M	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$4.29M	USD	3 Qtrs
Income taxes refunded	`IncomeTaxesPaidNet`	$119.00K	USD	3 Qtrs
Income taxes refunded	`IncomeTaxesPaidNet`	$76.00K	USD	3 Qtrs

Stockholders Equity 61 line items

Line Item	Tag	Value	Unit	Period
Change in unrealized investment gains/losses, tax expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-3.41M	USD	1 Quarter
Change in unrealized investment gains/losses, tax expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$3.99M	USD	1 Quarter
Change in unrealized investment gains/losses, tax expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$2.49M	USD	1 Quarter
Change in unrealized investment gains/losses, tax expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$3.69M	USD	1 Quarter
Change in unrealized investment gains/losses, tax expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$8.83M	USD	1 Quarter
Change in unrealized investment gains/losses, tax expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$1.36M	USD	1 Quarter
Common stock: class A shares issued related to warrant exercises (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	6,000.00	shares	3 Qtrs
Common stock: class A shares issued related to warrant exercises (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	82,000.00	shares	1 Quarter
Common stock: class A shares issued related to warrant exercises (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
Beginning balance	`StockholdersEquity`	$701.50M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$812.38M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$974.89M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$873.49M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$930.42M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$751.88M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.31B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.26B	USD	Point-in-time
Common stock: class A shares issued related to public offering	`StockIssuedDuringPeriodValueNewIssues`	$219.69M	USD	1 Quarter
Common stock: class A shares issued related to warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$2.18M	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 warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$3.84M	USD	1 Quarter
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 (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	6,000.00	shares	3 Qtrs
Common stock: class A shares issued related to warrant exercises (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	82,000.00	shares	1 Quarter
Common stock: class A shares issued related to warrant exercises (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`	$219.00K	USD	1 Quarter
Common stock: class A shares issued under stock plans, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanNetofTaxWithholdings`	$-321.00K	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
Common stock: class A shares issued under stock plans, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanNetofTaxWithholdings`	$-3.75M	USD	1 Quarter
Common stock: class A shares issued under stock plans, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanNetofTaxWithholdings`	-	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
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.98M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.40M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.72M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.48M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.55M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.96M	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax benefit/expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$33.21M	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax benefit/expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-12.82M	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`	$5.11M	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`	$9.38M	USD	1 Quarter
Net income	`NetIncomeLoss`	$58.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.85M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$38.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$39.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$121.76M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$49.76M	USD	1 Quarter
Net income	`NetIncomeLoss`	$123.30M	USD	3 Qtrs
Ending balance	`StockholdersEquity`	$701.50M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$812.38M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$974.89M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$873.49M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$930.42M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$751.88M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.31B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.26B	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`	$2.49M	USD	1 Quarter
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`	$1.38M	USD	1 Quarter
Net unrealized (losses) gains in accumulated other comprehensive income, tax (benefit) expense	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$7.66M	USD	3 Qtrs
Reclassification adjustment for realized losses (gains) included in net income, tax expense (benefit)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-258.00K	USD	3 Qtrs
Reclassification adjustment for realized losses (gains) included in net income, tax expense (benefit)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-1.00K	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

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