10-Q Filing

NMI HOLDINGS, INC. CIK: 1547903 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001547903-21-000167`
Period End Date	20210930
Filing Date	20211103
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	nmih-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 108 Cash Flow Statement 88 Stockholders Equity 61

Balance Sheet 79 line items

Line Item	Tag	Value	Unit	Period
Debt securities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$2.02B	USD	Point-in-time
Debt securities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$1.73B	USD	Point-in-time
Fixed maturities, available-for-sale, at fair value (amortized cost of $2,024,639 and $1,730,835 as of September 30, 2021 and December 31, 2020, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$1.80B	USD	Point-in-time
Restricted cash	`RestrictedCash`	$3.57M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$5.55M	USD	Point-in-time
Fixed maturities, available-for-sale, at fair value (amortized cost of $2,024,639 and $1,730,835 as of September 30, 2021 and December 31, 2020, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$2.05B	USD	Point-in-time
Cash and cash equivalents (including restricted cash of $3,572 and $5,555 as of September 30, 2021 and December 31, 2020, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$97.26M	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 $3,572 and $5,555 as of September 30, 2021 and December 31, 2020, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$126.94M	USD	Point-in-time
Cash and cash equivalents (including restricted cash of $3,572 and $5,555 as of September 30, 2021 and December 31, 2020, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$41.09M	USD	Point-in-time
Cash and cash equivalents (including restricted cash of $3,572 and $5,555 as of September 30, 2021 and December 31, 2020, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$194.20M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	85.74M	shares	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$49.78M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	85.16M	shares	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$58.50M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	85.16M	shares	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$9.86M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	85.74M	shares	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$12.11M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$4.41M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$3.29M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Deferred policy acquisition costs, net	`DeferredPolicyAcquisitionCosts`	$61.36M	USD	Point-in-time
Deferred policy acquisition costs, net	`DeferredPolicyAcquisitionCosts`	$62.23M	USD	Point-in-time
Software and equipment, net	`PropertyPlantAndEquipmentNet`	$32.07M	USD	Point-in-time
Software and equipment, net	`PropertyPlantAndEquipmentNet`	$29.66M	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`	$2.97M	USD	Point-in-time
Prepaid reinsurance premiums	`PrepaidReinsurancePremiums`	$6.19M	USD	Point-in-time
Reinsurance recoverable	`ReinsuranceRecoverablesGross`	$20.42M	USD	Point-in-time
Reinsurance recoverable	`ReinsuranceRecoverablesGross`	$17.61M	USD	Point-in-time
Other assets	`OtherAssets`	$53.19M	USD	Point-in-time
Other assets	`OtherAssets`	$51.16M	USD	Point-in-time
Total assets	`Assets`	$2.40B	USD	Point-in-time
Total assets	`Assets`	$2.17B	USD	Point-in-time
Debt	`SecuredDebt`	$393.30M	USD	Point-in-time
Debt	`SecuredDebt`	$394.28M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$139.62M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$118.82M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$78.66M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$61.72M	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$90.57M	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$104.60M	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`	$87.23M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$6.28M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$8.65M	USD	Point-in-time
Warrant liability, at fair value	`WarrantsAndRightsOutstanding`	$5.10M	USD	Point-in-time
Warrant liability, at fair value	`WarrantsAndRightsOutstanding`	$3.01M	USD	Point-in-time
Warrant liability, at fair value	`WarrantsAndRightsOutstanding`	$4.41M	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$151.36M	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$112.59M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$4.27M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$7.03M	USD	Point-in-time
Total liabilities	`Liabilities`	$797.08M	USD	Point-in-time
Total liabilities	`Liabilities`	$882.09M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common Stock, Value, Outstanding	`CommonStockValueOutstanding`	$852.00K	USD	Point-in-time
Common Stock, Value, Outstanding	`CommonStockValueOutstanding`	$857.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$948.39M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$937.87M	USD	Point-in-time
Accumulated other comprehensive income, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$53.86M	USD	Point-in-time
Accumulated other comprehensive income, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$19.36M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$377.01M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$547.62M	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 shareholders' equity	`StockholdersEquity`	$1.52B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.46B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.38B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.37B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$974.89M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$930.42M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.40B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.17B	USD	Point-in-time

Income Statement 108 line items

Line Item	Tag	Value	Unit	Period
Net unrealized (losses) gains in accumulated other comprehensive income, tax (benefit) expense	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-2.17M	USD	1 Quarter
Net unrealized (losses) gains in accumulated other comprehensive income, tax (benefit) expense	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$7.66M	USD	3 Qtrs
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`	$-9.17M	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`	$3.00K	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`	$-1.00K	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$98.80M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$330.36M	USD	3 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$296.46M	USD	3 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$113.59M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$23.51M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$8.34M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$28.03M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$9.83M	USD	1 Quarter
Net realized investment gains (losses)	`GainLossOnInvestments`	$-4.00K	USD	1 Quarter
Net realized investment gains (losses)	`GainLossOnInvestments`	$635.00K	USD	3 Qtrs
Net realized investment gains (losses)	`GainLossOnInvestments`	$3.00K	USD	1 Quarter
Net realized investment gains (losses)	`GainLossOnInvestments`	$15.00K	USD	3 Qtrs
Other revenues	`OtherIncome`	$648.00K	USD	1 Quarter
Other revenues	`OtherIncome`	$2.77M	USD	3 Qtrs
Other revenues	`OtherIncome`	$613.00K	USD	1 Quarter
Other revenues	`OtherIncome`	$1.60M	USD	3 Qtrs
Total revenues	`Revenues`	$124.04M	USD	1 Quarter
Total revenues	`Revenues`	$323.38M	USD	3 Qtrs
Total revenues	`Revenues`	$360.00M	USD	3 Qtrs
Total revenues	`Revenues`	$107.78M	USD	1 Quarter
Insurance claims and claim expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$15.67M	USD	1 Quarter
Insurance claims and claim expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$12.81M	USD	3 Qtrs
Insurance claims and claim expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$3.20M	USD	1 Quarter
Insurance claims and claim expenses	`IncurredClaimsPropertyCasualtyAndLiability`	$55.70M	USD	3 Qtrs
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$96.62M	USD	3 Qtrs
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$103.46M	USD	3 Qtrs
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$33.97M	USD	1 Quarter
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$34.67M	USD	1 Quarter
Service expenses	`OtherNonoperatingExpense`	$557.00K	USD	1 Quarter
Service expenses	`OtherNonoperatingExpense`	$2.38M	USD	3 Qtrs
Service expenses	`OtherNonoperatingExpense`	$1.86M	USD	3 Qtrs
Service expenses	`OtherNonoperatingExpense`	$787.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$7.93M	USD	1 Quarter
Interest expense	`InterestExpense`	$23.77M	USD	3 Qtrs
Interest expense	`InterestExpense`	$7.80M	USD	1 Quarter
Interest expense	`InterestExpense`	$16.48M	USD	3 Qtrs
(Gain) loss from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$-437.00K	USD	1 Quarter
(Gain) loss from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$4.29M	USD	3 Qtrs
(Gain) loss from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	-	USD	1 Quarter
(Gain) loss from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$454.00K	USD	3 Qtrs
Total expenses	`CostsAndExpenses`	$58.43M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$166.89M	USD	3 Qtrs
Total expenses	`CostsAndExpenses`	$46.59M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$141.44M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$218.56M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$77.45M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$49.36M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$156.49M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$47.96M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$11.18M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$33.19M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$17.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$60.19M	USD	1 Quarter
Net income	`NetIncomeLoss`	$52.89M	USD	1 Quarter
Net income	`NetIncomeLoss`	$123.30M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$38.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.85M	USD	1 Quarter
Net income	`NetIncomeLoss`	$58.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$170.61M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$57.52M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.70	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.63	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.45	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.99	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
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.55	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.96	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	84.81M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	75.69M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.72M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.56M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.79M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	76.87M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.88M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.60M	shares	1 Quarter
Net income	`NetIncomeLoss`	$60.19M	USD	1 Quarter
Net income	`NetIncomeLoss`	$52.89M	USD	1 Quarter
Net income	`NetIncomeLoss`	$123.30M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$38.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.85M	USD	1 Quarter
Net income	`NetIncomeLoss`	$58.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$170.61M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$57.52M	USD	1 Quarter
Unrealized (losses) gains in accumulated other comprehensive gain (loss), net of tax (benefit) expense of $(2,165) and $2,494 for the three months ended September 30, 2021 and 2020, and $(9,168) and $7,655 for the nine months ended September 30, 2021 and 2020, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-34.49M	USD	3 Qtrs
Unrealized (losses) gains in accumulated other comprehensive gain (loss), net of tax (benefit) expense of $(2,165) and $2,494 for the three months ended September 30, 2021 and 2020, and $(9,168) and $7,655 for the nine months ended September 30, 2021 and 2020, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-8.14M	USD	1 Quarter
Unrealized (losses) gains in accumulated other comprehensive gain (loss), net of tax (benefit) expense of $(2,165) and $2,494 for the three months ended September 30, 2021 and 2020, and $(9,168) and $7,655 for the nine months ended September 30, 2021 and 2020, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$28.80M	USD	3 Qtrs
Unrealized (losses) gains in accumulated other comprehensive gain (loss), net of tax (benefit) expense of $(2,165) and $2,494 for the three months ended September 30, 2021 and 2020, and $(9,168) and $7,655 for the nine months ended September 30, 2021 and 2020, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$9.38M	USD	1 Quarter
Reclassification adjustment for realized (gains) losses included in net income, net of tax expense (benefit) of $1 and $(1) for the three months ended September 30, 2021 and 2020, and $3 and $(258) for the nine months ended September 30, 2021 and 2020, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$2.00K	USD	1 Quarter
Reclassification adjustment for realized (gains) losses included in net income, net of tax expense (benefit) of $1 and $(1) for the three months ended September 30, 2021 and 2020, and $3 and $(258) for the nine months ended September 30, 2021 and 2020, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$12.00K	USD	3 Qtrs
Reclassification adjustment for realized (gains) losses included in net income, net of tax expense (benefit) of $1 and $(1) for the three months ended September 30, 2021 and 2020, and $3 and $(258) for the nine months ended September 30, 2021 and 2020, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-3.00K	USD	1 Quarter
Reclassification adjustment for realized (gains) losses included in net income, net of tax expense (benefit) of $1 and $(1) for the three months ended September 30, 2021 and 2020, and $3 and $(258) for the nine months ended September 30, 2021 and 2020, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-972.00K	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$9.38M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-8.15M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$29.77M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-34.50M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$153.07M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$52.05M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$136.11M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$47.56M	USD	1 Quarter

Cash Flow Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$60.19M	USD	1 Quarter
Net income	`NetIncomeLoss`	$52.89M	USD	1 Quarter
Net income	`NetIncomeLoss`	$123.30M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$38.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.85M	USD	1 Quarter
Net income	`NetIncomeLoss`	$58.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$170.61M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$57.52M	USD	1 Quarter
Net realized investment gains	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$3.00K	USD	1 Quarter
Net realized investment gains	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$635.00K	USD	3 Qtrs
Net realized investment gains	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$-4.00K	USD	1 Quarter
Net realized investment gains	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$15.00K	USD	3 Qtrs
Gain from change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$-4.29M	USD	3 Qtrs
Gain from change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$-454.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$8.25M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$7.38M	USD	3 Qtrs
Net amortization of premium on investment securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-5.02M	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`	$1.35M	USD	3 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$3.60M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$47.95M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$33.18M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$8.23M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$10.12M	USD	3 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$8.72M	USD	3 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$2.07M	USD	3 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$2.94M	USD	3 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$2.25M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.07M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.12M	USD	3 Qtrs
Deferred policy acquisition costs, net	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$-863.00K	USD	3 Qtrs
Deferred policy acquisition costs, net	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$3.22M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$81.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$79.00K	USD	3 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$20.81M	USD	3 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-20.63M	USD	3 Qtrs
Reserve for insurance claims and claim expenses	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$14.04M	USD	3 Qtrs
Reserve for insurance claims and claim expenses	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$63.48M	USD	3 Qtrs
Reinsurance recoverable	`IncreaseDecreaseInReinsuranceRecoverable`	$2.81M	USD	3 Qtrs
Reinsurance recoverable	`IncreaseDecreaseInReinsuranceRecoverable`	$12.24M	USD	3 Qtrs
Reinsurance balances, net	`IncreaseDecreaseinReinsuranceAssetsandLiabilities`	$-2.86M	USD	3 Qtrs
Reinsurance balances, net	`IncreaseDecreaseinReinsuranceAssetsandLiabilities`	$174.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$18.02M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$18.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$281.38M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$214.98M	USD	3 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$10.64M	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`	$390.99M	USD	3 Qtrs
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	-	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`	$100.22M	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`	$9.11M	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`	$-310.52M	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 public offering, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds from issuance of common stock related to employee equity plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$4.14M	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 warrants	`ProceedsFromWarrantExercises`	-	USD	3 Qtrs
Proceeds from issuance of common stock related to warrants	`ProceedsFromWarrantExercises`	$412.00K	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.46M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.09M	USD	3 Qtrs
Proceeds from senior secured notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	3 Qtrs
Proceeds from senior secured notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$400.00M	USD	3 Qtrs
Repayments of term loan	`RepaymentsOfSecuredDebt`	-	USD	3 Qtrs
Repayments of term loan	`RepaymentsOfSecuredDebt`	$147.75M	USD	3 Qtrs
Payments of debt issuance/modification costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Payments of debt issuance/modification costs	`PaymentsOfDebtIssuanceCosts`	$8.87M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$459.01M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-538.00K	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-29.68M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$153.11M	USD	3 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$97.26M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$126.94M	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`	$194.20M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$97.26M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$126.94M	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`	$194.20M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$14.75M	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$4.29M	USD	3 Qtrs
Income taxes refunded	`IncomeTaxesPaidNet`	$457.00K	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 (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$4.99M	USD	1 Quarter
Change in unrealized investment gains/losses, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$8.83M	USD	1 Quarter
Change in unrealized investment gains/losses, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$2.49M	USD	1 Quarter
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`	$-12.00M	USD	1 Quarter
Change in unrealized investment gains/losses, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-2.17M	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`	28,000.00	shares	1 Quarter
Common stock: class A shares issued related to warrant exercises (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	60,000.00	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`	$1.31B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.26B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.52B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.46B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.38B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.37B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$974.89M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$930.42M	USD	Point-in-time
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`	28,000.00	shares	1 Quarter
Common stock: class A shares issued related to warrant exercises (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	60,000.00	shares	3 Qtrs
Common stock: class A shares issued related to warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$197.00K	USD	1 Quarter
Common stock: class A shares issued related to warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$603.00K	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	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$557.00K	USD	1 Quarter
Common stock: class A shares issued related to public offering	`StockIssuedDuringPeriodValueNewIssues`	$219.69M	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`	$-620.00K	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`	$-285.00K	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`	$-45.00K	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.96M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.02M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.72M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.38M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.55M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.72M	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`	$33.21M	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax benefit/expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$18.78M	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax benefit/expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-8.15M	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax benefit/expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-45.13M	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax benefit/expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$9.38M	USD	1 Quarter
Net income	`NetIncomeLoss`	$60.19M	USD	1 Quarter
Net income	`NetIncomeLoss`	$52.89M	USD	1 Quarter
Net income	`NetIncomeLoss`	$123.30M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$38.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.85M	USD	1 Quarter
Net income	`NetIncomeLoss`	$58.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$170.61M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$57.52M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$1.31B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.26B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.52B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.46B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.38B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.37B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$974.89M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$930.42M	USD	Point-in-time

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