10-Q Filing

NMI HOLDINGS, INC. CIK: 1547903 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001547903-22-000149`
Period End Date	20220630
Filing Date	20220803
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	nmih-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 104 Cash Flow Statement 80 Stockholders Equity 50

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Debt securities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$2.22B	USD	Point-in-time
Debt securities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$2.08B	USD	Point-in-time
Fixed maturities, available-for-sale, at fair value (amortized cost of $2,218,344 and $2,078,773 as of June 30, 2022 and December 31, 2021, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$2.09B	USD	Point-in-time
Fixed maturities, available-for-sale, at fair value (amortized cost of $2,218,344 and $2,078,773 as of June 30, 2022 and December 31, 2021, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$2.02B	USD	Point-in-time
Restricted cash	`RestrictedCash`	$2.15M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$3.17M	USD	Point-in-time
Cash and cash equivalents (including restricted cash of $2,152 and $3,165 as of June 30, 2022 and December 31, 2021, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$68.08M	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 $2,152 and $3,165 as of June 30, 2022 and December 31, 2021, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$126.94M	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 $2,152 and $3,165 as of June 30, 2022 and December 31, 2021, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$76.65M	USD	Point-in-time
Cash and cash equivalents (including restricted cash of $2,152 and $3,165 as of June 30, 2022 and December 31, 2021, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.40M	USD	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$63.71M	USD	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$60.36M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	85.79M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	86.38M	shares	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$11.90M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	84.70M	shares	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$12.43M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	85.79M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$4.99M	USD	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`	$3.53M	USD	Point-in-time
Deferred policy acquisition costs, net	`DeferredPolicyAcquisitionCosts`	$59.58M	USD	Point-in-time
Deferred policy acquisition costs, net	`DeferredPolicyAcquisitionCosts`	$59.77M	USD	Point-in-time
Treasury stock, common shares (in shares)	`TreasuryStockCommonShares`	0.00	shares	Point-in-time
Treasury stock, common shares (in shares)	`TreasuryStockCommonShares`	1.67M	shares	Point-in-time
Software and equipment, net	`PropertyPlantAndEquipmentNet`	$32.07M	USD	Point-in-time
Software and equipment, net	`PropertyPlantAndEquipmentNet`	$32.05M	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`	$1.71M	USD	Point-in-time
Prepaid reinsurance premiums	`PrepaidReinsurancePremiums`	$2.39M	USD	Point-in-time
Reinsurance recoverable	`ReinsuranceRecoverablesGross`	$19.59M	USD	Point-in-time
Reinsurance recoverable	`ReinsuranceRecoverablesGross`	$20.32M	USD	Point-in-time
Other assets	`OtherAssets`	$102.57M	USD	Point-in-time
Other assets	`OtherAssets`	$94.24M	USD	Point-in-time
Total assets	`Assets`	$2.39B	USD	Point-in-time
Total assets	`Assets`	$2.45B	USD	Point-in-time
Debt	`SecuredDebt`	$395.32M	USD	Point-in-time
Debt	`SecuredDebt`	$394.62M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$139.24M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$135.68M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$58.95M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$72.00M	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$98.46M	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`	$101.23M	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$103.55M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$5.60M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$4.49M	USD	Point-in-time
Warrant liability, at fair value	`WarrantsAndRightsOutstanding`	$5.10M	USD	Point-in-time
Warrant liability, at fair value	`WarrantsAndRightsOutstanding`	$2.36M	USD	Point-in-time
Warrant liability, at fair value	`WarrantsAndRightsOutstanding`	-	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$164.18M	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$161.66M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$3.25M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$12.64M	USD	Point-in-time
Total liabilities	`Liabilities`	$884.79M	USD	Point-in-time
Total liabilities	`Liabilities`	$867.20M	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; 86,375,154 shares issued and 84,701,092 shares outstanding as of June 30, 2022 and 85,792,849 shares issued and outstanding as of December 31, 2021 (250,000,000 shares authorized)	`CommonStockValueOutstanding`	$864.00K	USD	Point-in-time
Common stock - class A shares, $0.01 par value; 86,375,154 shares issued and 84,701,092 shares outstanding as of June 30, 2022 and 85,792,849 shares issued and outstanding as of December 31, 2021 (250,000,000 shares authorized)	`CommonStockValueOutstanding`	$858.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$955.30M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$964.65M	USD	Point-in-time
Treasury Stock, at cost: 1,674,062 and 0 common shares as of June 30, 2022 and December 31, 2021, respectively	`TreasuryStockValue`	-	USD	Point-in-time
Treasury Stock, at cost: 1,674,062 and 0 common shares as of June 30, 2022 and December 31, 2021, respectively	`TreasuryStockValue`	$30.37M	USD	Point-in-time
Accumulated other comprehensive (loss) income, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.49M	USD	Point-in-time
Accumulated other comprehensive (loss) income, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-161.32M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$608.14M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$751.26M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.57B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.37B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.46B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.53B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.38B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.54B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.39B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.45B	USD	Point-in-time

Income Statement 104 line items

Line Item	Tag	Value	Unit	Period
Net unrealized (losses) gains in accumulated other comprehensive income (loss), net of tax (benefit) expense	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$5.00M	USD	1 Quarter
Net unrealized (losses) gains in accumulated other comprehensive income (loss), net of tax (benefit) expense	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-43.18M	USD	2 Qtrs
Net unrealized (losses) gains in accumulated other comprehensive income (loss), net of tax (benefit) expense	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-17.00M	USD	1 Quarter
Net unrealized (losses) gains in accumulated other comprehensive income (loss), net of tax (benefit) expense	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-7.00M	USD	2 Qtrs
Reclassification adjustment for realized gains included in net income, tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$97.00K	USD	2 Qtrs
Reclassification adjustment for realized gains included in net income, tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$11.00K	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$120.87M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$216.77M	USD	2 Qtrs
Reclassification adjustment for realized gains included in net income, tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$3.00K	USD	2 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$237.37M	USD	2 Qtrs
Reclassification adjustment for realized gains included in net income, tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$3.00K	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$110.89M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$18.20M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$10.92M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$21.12M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$9.38M	USD	1 Quarter
Net realized investment gains	`GainLossOnInvestments`	$12.00K	USD	2 Qtrs
Net realized investment gains	`GainLossOnInvestments`	$53.00K	USD	1 Quarter
Net realized investment gains	`GainLossOnInvestments`	$461.00K	USD	2 Qtrs
Net realized investment gains	`GainLossOnInvestments`	$12.00K	USD	1 Quarter
Other revenues	`OtherIncome`	$483.00K	USD	1 Quarter
Other revenues	`OtherIncome`	$376.00K	USD	1 Quarter
Other revenues	`OtherIncome`	$715.00K	USD	2 Qtrs
Other revenues	`OtherIncome`	$984.00K	USD	2 Qtrs
Total revenues	`Revenues`	$132.22M	USD	1 Quarter
Total revenues	`Revenues`	$235.96M	USD	2 Qtrs
Total revenues	`Revenues`	$259.66M	USD	2 Qtrs
Total revenues	`Revenues`	$120.77M	USD	1 Quarter
Insurance claims and claim (benefits) expenses	`PolicyholderBenefitsAndClaimsIncurredNet`	$-3.04M	USD	1 Quarter
Insurance claims and claim (benefits) expenses	`PolicyholderBenefitsAndClaimsIncurredNet`	$4.64M	USD	1 Quarter
Insurance claims and claim (benefits) expenses	`PolicyholderBenefitsAndClaimsIncurredNet`	$-3.65M	USD	2 Qtrs
Insurance claims and claim (benefits) expenses	`PolicyholderBenefitsAndClaimsIncurredNet`	$9.60M	USD	2 Qtrs
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$63.63M	USD	2 Qtrs
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$34.73M	USD	1 Quarter
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$30.70M	USD	1 Quarter
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$68.79M	USD	2 Qtrs
Service expenses	`OtherNonoperatingExpense`	$336.00K	USD	1 Quarter
Service expenses	`OtherNonoperatingExpense`	$766.00K	USD	2 Qtrs
Service expenses	`OtherNonoperatingExpense`	$481.00K	USD	1 Quarter
Service expenses	`OtherNonoperatingExpense`	$1.07M	USD	2 Qtrs
Interest expense	`InterestExpense`	$8.05M	USD	1 Quarter
Interest expense	`InterestExpense`	$16.09M	USD	2 Qtrs
Interest expense	`InterestExpense`	$15.84M	USD	2 Qtrs
Interest expense	`InterestExpense`	$7.92M	USD	1 Quarter
Gain from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$658.00K	USD	1 Quarter
Gain from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$1.02M	USD	1 Quarter
Gain from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$1.11M	USD	2 Qtrs
Gain from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$453.00K	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$94.85M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$75.72M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$47.11M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$35.03M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$73.66M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$183.94M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$97.19M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$141.11M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$40.81M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$16.13M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$21.75M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$30.70M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$143.12M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$110.41M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$67.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$52.89M	USD	1 Quarter
Net income	`NetIncomeLoss`	$57.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$75.44M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.67	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.67	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.29	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.88	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.63	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.86	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.27	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.65	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.48M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.73M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.65M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.84M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.82M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.58M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.94M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.73M	shares	2 Qtrs
Net income	`NetIncomeLoss`	$143.12M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$110.41M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$67.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$52.89M	USD	1 Quarter
Net income	`NetIncomeLoss`	$57.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$75.44M	USD	1 Quarter
Unrealized (losses) gains in accumulated other comprehensive income (loss), net of tax (benefit) expense of $(17,004) and $4,995 for the three months ended June 30, 2022 and 2021, and $(43,180) and $(7,003) for the six month ended June 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-162.44M	USD	2 Qtrs
Unrealized (losses) gains in accumulated other comprehensive income (loss), net of tax (benefit) expense of $(17,004) and $4,995 for the three months ended June 30, 2022 and 2021, and $(43,180) and $(7,003) for the six month ended June 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$18.79M	USD	1 Quarter
Unrealized (losses) gains in accumulated other comprehensive income (loss), net of tax (benefit) expense of $(17,004) and $4,995 for the three months ended June 30, 2022 and 2021, and $(43,180) and $(7,003) for the six month ended June 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-26.34M	USD	2 Qtrs
Unrealized (losses) gains in accumulated other comprehensive income (loss), net of tax (benefit) expense of $(17,004) and $4,995 for the three months ended June 30, 2022 and 2021, and $(43,180) and $(7,003) for the six month ended June 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-63.97M	USD	1 Quarter
Reclassification adjustment for realized gains included in net income, net of tax expense of $11 and $3 for the three months ended June 30, 2022 and 2021, and $97 and $3 for the six months ended June 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$44.00K	USD	1 Quarter
Reclassification adjustment for realized gains included in net income, net of tax expense of $11 and $3 for the three months ended June 30, 2022 and 2021, and $97 and $3 for the six months ended June 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$10.00K	USD	1 Quarter
Reclassification adjustment for realized gains included in net income, net of tax expense of $11 and $3 for the three months ended June 30, 2022 and 2021, and $97 and $3 for the six months ended June 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$10.00K	USD	2 Qtrs
Reclassification adjustment for realized gains included in net income, net of tax expense of $11 and $3 for the three months ended June 30, 2022 and 2021, and $97 and $3 for the six months ended June 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$367.00K	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-64.01M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-162.81M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-26.35M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$18.78M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-19.68M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$11.43M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$76.30M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$84.06M	USD	2 Qtrs

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$143.12M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$110.41M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$67.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$52.89M	USD	1 Quarter
Net income	`NetIncomeLoss`	$57.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$75.44M	USD	1 Quarter
Net realized investment gains	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$12.00K	USD	2 Qtrs
Net realized investment gains	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$12.00K	USD	1 Quarter
Net realized investment gains	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$461.00K	USD	2 Qtrs
Net realized investment gains	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$53.00K	USD	1 Quarter
Gain from change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$-453.00K	USD	2 Qtrs
Gain from change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$-1.11M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$5.34M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$6.04M	USD	2 Qtrs
Net amortization of premium on investment securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-3.33M	USD	2 Qtrs
Net amortization of premium on investment securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-3.29M	USD	2 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$893.00K	USD	2 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$909.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$30.69M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$40.76M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$8.06M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$6.41M	USD	2 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$6.16M	USD	2 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$3.35M	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$1.29M	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$530.00K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.46M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$803.00K	USD	2 Qtrs
Deferred policy acquisition costs, net	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$-88.00K	USD	2 Qtrs
Deferred policy acquisition costs, net	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$184.00K	USD	2 Qtrs
Reinsurance recoverable	`IncreaseDecreaseInReinsuranceRecoverable`	$2.12M	USD	2 Qtrs
Reinsurance recoverable	`IncreaseDecreaseInReinsuranceRecoverable`	$-732.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-230.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-938.00K	USD	2 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$23.33M	USD	2 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-3.56M	USD	2 Qtrs
Reserve for insurance claims and claim expenses	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$10.67M	USD	2 Qtrs
Reserve for insurance claims and claim expenses	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$-5.09M	USD	2 Qtrs
Reinsurance balances, net	`IncreaseDecreaseinReinsuranceAssetsandLiabilities`	$515.00K	USD	2 Qtrs
Reinsurance balances, net	`IncreaseDecreaseinReinsuranceAssetsandLiabilities`	$-9.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-13.81M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.01M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$182.54M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$173.83M	USD	2 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$118.93M	USD	2 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$8.99M	USD	2 Qtrs
Purchase of fixed-maturity investments, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$286.63M	USD	2 Qtrs
Purchase of fixed-maturity investments, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$111.38M	USD	2 Qtrs
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	-	USD	2 Qtrs
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$33.13M	USD	2 Qtrs
Proceeds from redemptions, maturities and sale of fixed-maturity investments, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$61.00M	USD	2 Qtrs
Proceeds from redemptions, maturities and sale of fixed-maturity investments, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$54.73M	USD	2 Qtrs
Software and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.05M	USD	2 Qtrs
Software and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.31M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-240.68M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-147.76M	USD	2 Qtrs
Proceeds from issuance of common stock related to employee equity plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$4.51M	USD	2 Qtrs
Proceeds from issuance of common stock related to employee equity plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$4.04M	USD	2 Qtrs
Proceeds from issuance of common stock related to warrants	`ProceedsFromWarrantExercises`	$183.00K	USD	2 Qtrs
Proceeds from issuance of common stock related to warrants	`ProceedsFromWarrantExercises`	$518.00K	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.99M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.95M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$30.37M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-722.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-30.33M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-58.86M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.25M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$68.08M	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`	$76.65M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.40M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$68.08M	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`	$76.65M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.40M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$14.75M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$14.75M	USD	2 Qtrs
Income taxes refunded	`IncomeTaxesPaidNet`	$457.00K	USD	2 Qtrs
Income taxes refunded	`IncomeTaxesPaidNet`	-	USD	2 Qtrs

Stockholders Equity 50 line items

Line Item	Tag	Value	Unit	Period
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`	$-17.02M	USD	1 Quarter
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`	$-26.26M	USD	1 Quarter
Common stock: class A shares issued related to warrant exercises (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	84,000.00	shares	2 Qtrs
Common stock: class A shares issued related to warrant exercises (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	33,000.00	shares	1 Quarter
Common stock: class A shares issued related to warrant exercises (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	8,000.00	shares	1 Quarter
Common stock: class A shares issued related to warrant exercises (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	32,000.00	shares	2 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`	$1.57B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.37B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.46B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.53B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.38B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.54B	USD	Point-in-time
Common stock: class A shares issued related to warrant exercises (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	84,000.00	shares	2 Qtrs
Common stock: class A shares issued related to warrant exercises (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	33,000.00	shares	1 Quarter
Common stock: class A shares issued related to warrant exercises (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	8,000.00	shares	1 Quarter
Common stock: class A shares issued related to warrant exercises (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	32,000.00	shares	2 Qtrs
Common stock: class A shares issued related to warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$557.00K	USD	1 Quarter
Common stock: class A shares issued related to warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$624.00K	USD	1 Quarter
Common stock: class A shares issued related to warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$1.14M	USD	1 Quarter
Common stock: class A shares issued related to warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$197.00K	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`	$30.00K	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`	$-503.00K	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$25.37M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$5.00M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.20M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.38M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.02M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.87M	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`	$-98.79M	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`	$-64.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$143.12M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$110.41M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$67.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$52.89M	USD	1 Quarter
Net income	`NetIncomeLoss`	$57.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$75.44M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$1.57B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.37B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.46B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.53B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.38B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.54B	USD	Point-in-time

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