10-Q Filing

NMI HOLDINGS, INC. CIK: 1547903 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001547903-22-000166`
Period End Date	20220930
Filing Date	20221102
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	nmih-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 83 Income Statement 108 Cash Flow Statement 82 Stockholders Equity 64

Balance Sheet 83 line items

Line Item	Tag	Value	Unit	Period
Debt securities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$2.08B	USD	Point-in-time
Debt securities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$2.25B	USD	Point-in-time
Restricted cash	`RestrictedCash`	$3.17M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$2.16M	USD	Point-in-time
Fixed maturities, available-for-sale, at fair value (amortized cost of $2,248,737 and $2,078,773 as of September 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 $2,248,737 and $2,078,773 as of September 30, 2022 and December 31, 2021, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$1.97B	USD	Point-in-time
Cash and cash equivalents (including restricted cash of $2,159 and $3,165 as of September 30, 2022 and December 31, 2021, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$76.65M	USD	Point-in-time
Cash and cash equivalents (including restricted cash of $2,159 and $3,165 as of September 30, 2022 and December 31, 2021, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$126.94M	USD	Point-in-time
Cash and cash equivalents (including restricted cash of $2,159 and $3,165 as of September 30, 2022 and December 31, 2021, 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 $2,159 and $3,165 as of September 30, 2022 and December 31, 2021, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$125.81M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	86.46M	shares	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$67.20M	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
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$11.90M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$13.34M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	85.79M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	83.80M	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`	$3.53M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$4.69M	USD	Point-in-time
Treasury stock, common shares (in shares)	`TreasuryStockCommonShares`	2.67M	shares	Point-in-time
Treasury stock, common shares (in shares)	`TreasuryStockCommonShares`	0.00	shares	Point-in-time
Deferred policy acquisition costs, net	`DeferredPolicyAcquisitionCosts`	$59.48M	USD	Point-in-time
Deferred policy acquisition costs, net	`DeferredPolicyAcquisitionCosts`	$59.58M	USD	Point-in-time
Software and equipment, net	`PropertyPlantAndEquipmentNet`	$32.05M	USD	Point-in-time
Software and equipment, net	`PropertyPlantAndEquipmentNet`	$32.16M	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`	$1.45M	USD	Point-in-time
Prepaid reinsurance premiums	`PrepaidReinsurancePremiums`	$2.39M	USD	Point-in-time
Reinsurance recoverable	`ReinsuranceRecoverablesGross`	$20.32M	USD	Point-in-time
Reinsurance recoverable	`ReinsuranceRecoverablesGross`	$19.75M	USD	Point-in-time
Other assets	`OtherAssets`	$94.24M	USD	Point-in-time
Other assets	`OtherAssets`	$102.38M	USD	Point-in-time
Total assets	`Assets`	$2.45B	USD	Point-in-time
Total assets	`Assets`	$2.40B	USD	Point-in-time
Debt	`SecuredDebt`	$394.62M	USD	Point-in-time
Debt	`SecuredDebt`	$395.68M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$139.24M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$130.65M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$72.00M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$73.94M	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$103.55M	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`	$94.94M	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$104.60M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$5.60M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$3.72M	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`	$166.61M	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$164.18M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$3.25M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$12.43M	USD	Point-in-time
Total liabilities	`Liabilities`	$884.79M	USD	Point-in-time
Total liabilities	`Liabilities`	$877.98M	USD	Point-in-time
Commitments and contingencies (see Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock - class A shares, $0.01 par value; 86,463,874 shares issued and 83,796,313 shares outstanding as of September 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
Common stock - class A shares, $0.01 par value; 86,463,874 shares issued and 83,796,313 shares outstanding as of September 30, 2022 and 85,792,849 shares issued and outstanding as of December 31, 2021 (250,000,000 shares authorized)	`CommonStockValueOutstanding`	$865.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$969.36M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$955.30M	USD	Point-in-time
Treasury Stock, at cost: 2,667,561 and 0 common shares as of September 30, 2022 and December 31, 2021, respectively	`TreasuryStockCommonValue`	$51.20M	USD	Point-in-time
Treasury Stock, at cost: 2,667,561 and 0 common shares as of September 30, 2022 and December 31, 2021, respectively	`TreasuryStockCommonValue`	-	USD	Point-in-time
Accumulated other comprehensive (loss) income, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-221.27M	USD	Point-in-time
Accumulated other comprehensive (loss) income, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.49M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$608.14M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$828.10M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.54B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.53B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.57B	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`	$1.53B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.37B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.38B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.40B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.45B	USD	Point-in-time

Income Statement 108 line items

Line Item	Tag	Value	Unit	Period
Unrealized losses in accumulated other comprehensive income (loss), net of tax benefit	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$15.93M	USD	1 Quarter
Unrealized losses in accumulated other comprehensive income (loss), net of tax benefit	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$59.11M	USD	3 Qtrs
Unrealized losses in accumulated other comprehensive income (loss), net of tax benefit	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$9.17M	USD	3 Qtrs
Unrealized losses in accumulated other comprehensive income (loss), net of tax benefit	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$2.17M	USD	1 Quarter
Reclassification adjustment for realized gains included in net income, net of tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$3.00K	USD	3 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$118.32M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$355.68M	USD	3 Qtrs
Reclassification adjustment for realized gains included in net income, net of tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$3.00K	USD	1 Quarter
Reclassification adjustment for realized gains included in net income, net of tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$1.00K	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$113.59M	USD	1 Quarter
Reclassification adjustment for realized gains included in net income, net of tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$100.00K	USD	3 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$330.36M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$11.95M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$9.83M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$33.06M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$28.03M	USD	3 Qtrs
Net realized investment gains	`GainLossOnInvestments`	$3.00K	USD	1 Quarter
Net realized investment gains	`GainLossOnInvestments`	$14.00K	USD	1 Quarter
Net realized investment gains	`GainLossOnInvestments`	$475.00K	USD	3 Qtrs
Net realized investment gains	`GainLossOnInvestments`	$15.00K	USD	3 Qtrs
Other revenues	`OtherIncome`	$301.00K	USD	1 Quarter
Other revenues	`OtherIncome`	$1.60M	USD	3 Qtrs
Other revenues	`OtherIncome`	$1.02M	USD	3 Qtrs
Other revenues	`OtherIncome`	$613.00K	USD	1 Quarter
Total revenues	`Revenues`	$390.24M	USD	3 Qtrs
Total revenues	`Revenues`	$124.04M	USD	1 Quarter
Total revenues	`Revenues`	$130.58M	USD	1 Quarter
Total revenues	`Revenues`	$360.00M	USD	3 Qtrs
Insurance claims and claim (benefits) expenses	`PolicyholderBenefitsAndClaimsIncurredNet`	$-7.04M	USD	3 Qtrs
Insurance claims and claim (benefits) expenses	`PolicyholderBenefitsAndClaimsIncurredNet`	$12.81M	USD	3 Qtrs
Insurance claims and claim (benefits) expenses	`PolicyholderBenefitsAndClaimsIncurredNet`	$3.20M	USD	1 Quarter
Insurance claims and claim (benefits) expenses	`PolicyholderBenefitsAndClaimsIncurredNet`	$-3.39M	USD	1 Quarter
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$90.78M	USD	3 Qtrs
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$27.14M	USD	1 Quarter
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$34.67M	USD	1 Quarter
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$103.46M	USD	3 Qtrs
Service expenses	`OtherNonoperatingExpense`	$787.00K	USD	1 Quarter
Service expenses	`OtherNonoperatingExpense`	$963.00K	USD	3 Qtrs
Service expenses	`OtherNonoperatingExpense`	$1.86M	USD	3 Qtrs
Service expenses	`OtherNonoperatingExpense`	$197.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$24.13M	USD	3 Qtrs
Interest expense	`InterestExpense`	$7.93M	USD	1 Quarter
Interest expense	`InterestExpense`	$23.77M	USD	3 Qtrs
Interest expense	`InterestExpense`	$8.04M	USD	1 Quarter
Gain from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	-	USD	1 Quarter
Gain from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$454.00K	USD	3 Qtrs
Gain from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	$1.11M	USD	3 Qtrs
Gain from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	-	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$107.71M	USD	3 Qtrs
Total expenses	`CostsAndExpenses`	$31.99M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$46.59M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$141.44M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$282.52M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$77.45M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$218.56M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$98.59M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$17.26M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$21.75M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$62.56M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$47.96M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$75.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$60.19M	USD	1 Quarter
Net income	`NetIncomeLoss`	$76.84M	USD	1 Quarter
Net income	`NetIncomeLoss`	$57.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$52.89M	USD	1 Quarter
Net income	`NetIncomeLoss`	$67.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$170.61M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$219.96M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.91	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.70	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.58	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.99	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.53	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.90	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.96	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.69	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.37M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.72M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.56M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	84.44M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.88M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.48M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.42M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.79M	shares	3 Qtrs
Net income	`NetIncomeLoss`	$75.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$60.19M	USD	1 Quarter
Net income	`NetIncomeLoss`	$76.84M	USD	1 Quarter
Net income	`NetIncomeLoss`	$57.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$52.89M	USD	1 Quarter
Net income	`NetIncomeLoss`	$67.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$170.61M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$219.96M	USD	3 Qtrs
Unrealized losses in accumulated other comprehensive income (loss), net of tax benefit of $15,932 and $2,165 for the three months ended September 30, 2022 and 2021, and $59,112 and $9,168 for the nine month ended September 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-8.14M	USD	1 Quarter
Unrealized losses in accumulated other comprehensive income (loss), net of tax benefit of $15,932 and $2,165 for the three months ended September 30, 2022 and 2021, and $59,112 and $9,168 for the nine month ended September 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-59.94M	USD	1 Quarter
Unrealized losses in accumulated other comprehensive income (loss), net of tax benefit of $15,932 and $2,165 for the three months ended September 30, 2022 and 2021, and $59,112 and $9,168 for the nine month ended September 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-34.49M	USD	3 Qtrs
Unrealized losses in accumulated other comprehensive income (loss), net of tax benefit of $15,932 and $2,165 for the three months ended September 30, 2022 and 2021, and $59,112 and $9,168 for the nine month ended September 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-222.37M	USD	3 Qtrs
Reclassification adjustment for realized gains included in net income, net of tax expense of $3 and $1 for the three months ended September 30, 2022 and 2021, and $100 and $3 for the nine months ended September 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$12.00K	USD	3 Qtrs
Reclassification adjustment for realized gains included in net income, net of tax expense of $3 and $1 for the three months ended September 30, 2022 and 2021, and $100 and $3 for the nine months ended September 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$2.00K	USD	1 Quarter
Reclassification adjustment for realized gains included in net income, net of tax expense of $3 and $1 for the three months ended September 30, 2022 and 2021, and $100 and $3 for the nine months ended September 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$377.00K	USD	3 Qtrs
Reclassification adjustment for realized gains included in net income, net of tax expense of $3 and $1 for the three months ended September 30, 2022 and 2021, and $100 and $3 for the nine months ended September 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$10.00K	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-222.75M	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-34.50M	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-59.95M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-8.15M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$52.05M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$136.11M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$16.89M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-2.79M	USD	3 Qtrs

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$75.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$60.19M	USD	1 Quarter
Net income	`NetIncomeLoss`	$76.84M	USD	1 Quarter
Net income	`NetIncomeLoss`	$57.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$52.89M	USD	1 Quarter
Net income	`NetIncomeLoss`	$67.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$170.61M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$219.96M	USD	3 Qtrs
Net realized investment gains	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$3.00K	USD	1 Quarter
Net realized investment gains	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$475.00K	USD	3 Qtrs
Net realized investment gains	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$15.00K	USD	3 Qtrs
Net realized investment gains	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$14.00K	USD	1 Quarter
Gain from change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$-1.11M	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`	$8.98M	USD	3 Qtrs
Net amortization of premium on investment securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-4.86M	USD	3 Qtrs
Net amortization of premium on investment securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-5.02M	USD	3 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.37M	USD	3 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.35M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$47.95M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$61.65M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$10.12M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$11.95M	USD	3 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$6.84M	USD	3 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$8.72M	USD	3 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$1.44M	USD	3 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$2.25M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.16M	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`	$-101.00K	USD	3 Qtrs
Reinsurance recoverable	`IncreaseDecreaseInReinsuranceRecoverable`	$2.81M	USD	3 Qtrs
Reinsurance recoverable	`IncreaseDecreaseInReinsuranceRecoverable`	$-565.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$79.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-849.00K	USD	3 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-8.59M	USD	3 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$20.81M	USD	3 Qtrs
Reserve for insurance claims and claim expenses	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$-8.61M	USD	3 Qtrs
Reserve for insurance claims and claim expenses	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$14.04M	USD	3 Qtrs
Reinsurance balances, net	`IncreaseDecreaseinReinsuranceAssetsandLiabilities`	$1.07M	USD	3 Qtrs
Reinsurance balances, net	`IncreaseDecreaseinReinsuranceAssetsandLiabilities`	$174.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$617.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$18.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$281.60M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$281.38M	USD	3 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$10.64M	USD	3 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$229.82M	USD	3 Qtrs
Purchase of fixed-maturity investments, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$390.99M	USD	3 Qtrs
Purchase of fixed-maturity investments, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$156.97M	USD	3 Qtrs
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	-	USD	3 Qtrs
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$129.57M	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`	$82.86M	USD	3 Qtrs
Software and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.11M	USD	3 Qtrs
Software and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.76M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-182.11M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-310.52M	USD	3 Qtrs
Proceeds from issuance of common stock related to employee equity plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$5.39M	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 warrants	`ProceedsFromWarrantExercises`	$412.00K	USD	3 Qtrs
Proceeds from issuance of common stock related to warrants	`ProceedsFromWarrantExercises`	$518.00K	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.04M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.09M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$51.20M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-538.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-50.33M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-29.68M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$49.17M	USD	3 Qtrs
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`	$126.94M	USD	Point-in-time
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`	$125.81M	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`	$126.94M	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`	$125.81M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$14.75M	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$14.75M	USD	3 Qtrs
Income taxes refunded	`IncomeTaxesPaidNet`	$457.00K	USD	3 Qtrs
Income taxes refunded	`IncomeTaxesPaidNet`	-	USD	3 Qtrs

Stockholders Equity 64 line items

Line Item	Tag	Value	Unit	Period
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`	$-2.17M	USD	1 Quarter
Change in unrealized investment gains/losses, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-26.26M	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`	$-15.94M	USD	1 Quarter
Common stock: class A shares issued related to warrant exercises (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	84,000.00	shares	3 Qtrs
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 (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	28,000.00	shares	1 Quarter
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.54B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.53B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.57B	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`	$1.53B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.37B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.38B	USD	Point-in-time
Common stock: class A shares issued related to warrant exercises (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	84,000.00	shares	3 Qtrs
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 (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	28,000.00	shares	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`	$624.00K	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 warrant exercises	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$603.00K	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`	$824.00K	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`	$-620.00K	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`	$-503.00K	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
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$5.00M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$20.82M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$25.37M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.38M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.72M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.02M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.88M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.87M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.20M	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`	$-8.15M	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax benefit/expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-59.95M	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax benefit/expense	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-64.01M	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`	$-45.13M	USD	1 Quarter
Net income	`NetIncomeLoss`	$75.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$60.19M	USD	1 Quarter
Net income	`NetIncomeLoss`	$76.84M	USD	1 Quarter
Net income	`NetIncomeLoss`	$57.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$52.89M	USD	1 Quarter
Net income	`NetIncomeLoss`	$67.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$170.61M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$219.96M	USD	3 Qtrs
Ending balance	`StockholdersEquity`	$1.54B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.53B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.57B	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`	$1.53B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.37B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.38B	USD	Point-in-time

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