10-Q Filing

NMI HOLDINGS, INC. CIK: 1547903 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001547903-23-000116`
Period End Date	20230630
Filing Date	20230802
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	nmih-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 104 Cash Flow Statement 80 Stockholders Equity 43

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Debt securities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$2.35B	USD	Point-in-time
Debt securities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$2.47B	USD	Point-in-time
Fixed maturities, available-for-sale, at fair value (amortized cost of $2,465,556 and $2,352,747 as of June 30, 2023 and December 31, 2022, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$2.23B	USD	Point-in-time
Restricted cash	`RestrictedCash`	$2.22M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$2.18M	USD	Point-in-time
Fixed maturities, available-for-sale, at fair value (amortized cost of $2,465,556 and $2,352,747 as of June 30, 2023 and December 31, 2022, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$2.10B	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 $2,222 and $2,176 as of June 30, 2023 and December 31, 2022, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$44.43M	USD	Point-in-time
Cash and cash equivalents (including restricted cash of $2,222 and $2,176 as of June 30, 2023 and December 31, 2022, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.40M	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 $2,222 and $2,176 as of June 30, 2023 and December 31, 2022, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$73.32M	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 $2,222 and $2,176 as of June 30, 2023 and December 31, 2022, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$76.65M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	86.93M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	86.47M	shares	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$72.37M	USD	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$69.68M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	82.29M	shares	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$14.14M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	83.55M	shares	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$17.39M	USD	Point-in-time
Deferred policy acquisition costs, net	`DeferredPolicyAcquisitionCosts`	$58.56M	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
Deferred policy acquisition costs, net	`DeferredPolicyAcquisitionCosts`	$61.16M	USD	Point-in-time
Software and equipment, net	`PropertyPlantAndEquipmentNet`	$32.26M	USD	Point-in-time
Treasury stock, common shares (in shares)	`TreasuryStockCommonShares`	2.92M	shares	Point-in-time
Treasury stock, common shares (in shares)	`TreasuryStockCommonShares`	4.64M	shares	Point-in-time
Software and equipment, net	`PropertyPlantAndEquipmentNet`	$31.93M	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
Reinsurance recoverable	`ReinsuranceRecoverablesGross`	$24.02M	USD	Point-in-time
Reinsurance recoverable	`ReinsuranceRecoverablesGross`	$21.59M	USD	Point-in-time
Prepaid federal income taxes	`PrepaidFederalIncomeTaxes`	$154.41M	USD	Point-in-time
Prepaid federal income taxes	`PrepaidFederalIncomeTaxes`	$154.41M	USD	Point-in-time
Other assets	`OtherAssets`	$17.62M	USD	Point-in-time
Other assets	`OtherAssets`	$18.27M	USD	Point-in-time
Total assets	`Assets`	$2.52B	USD	Point-in-time
Total assets	`Assets`	$2.69B	USD	Point-in-time
Debt	`SecuredDebt`	$396.05M	USD	Point-in-time
Debt	`SecuredDebt`	$396.81M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$105.07M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$123.03M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$72.51M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$74.58M	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`	$98.46M	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$110.45M	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$99.84M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$1.70M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$2.67M	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$193.86M	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$242.14M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$12.27M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$12.23M	USD	Point-in-time
Total liabilities	`Liabilities`	$940.89M	USD	Point-in-time
Total liabilities	`Liabilities`	$902.30M	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; 86,925,030 shares issued and 82,289,763 shares outstanding as of June 30, 2023 and 86,472,742 shares issued and 83,549,879 shares outstanding as of December 31, 2022 (250,000,000 shares authorized)	`CommonStockValueOutstanding`	$870.00K	USD	Point-in-time
Common stock - class A shares, $0.01 par value; 86,925,030 shares issued and 82,289,763 shares outstanding as of June 30, 2023 and 86,472,742 shares issued and 83,549,879 shares outstanding as of December 31, 2022 (250,000,000 shares authorized)	`CommonStockValueOutstanding`	$865.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$972.72M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$977.29M	USD	Point-in-time
Treasury Stock, at cost: 4,635,267 and 2,922,863 common shares as of June 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$97.67M	USD	Point-in-time
Treasury Stock, at cost: 4,635,267 and 2,922,863 common shares as of June 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$56.58M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-204.32M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-187.32M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$901.04M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.06B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.75B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.61B	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`	$1.71B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.57B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.69B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.52B	USD	Point-in-time

Income Statement 104 line items

Line Item	Tag	Value	Unit	Period
Unrealized (losses) gains in accumulated other comprehensive (loss) income (loss), tax (benefit) expense	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-43.18M	USD	2 Qtrs
Unrealized (losses) gains in accumulated other comprehensive (loss) income (loss), tax (benefit) expense	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-17.00M	USD	1 Quarter
Unrealized (losses) gains in accumulated other comprehensive (loss) income (loss), tax (benefit) expense	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$4.51M	USD	2 Qtrs
Unrealized (losses) gains in accumulated other comprehensive (loss) income (loss), tax (benefit) expense	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-4.12M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$120.87M	USD	1 Quarter
Reclassification adjustment for realized gains (losses) included in net income, tax (benefit) expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	-	USD	1 Quarter
Reclassification adjustment for realized gains (losses) included in net income, tax (benefit) expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$97.00K	USD	2 Qtrs
Reclassification adjustment for realized gains (losses) included in net income, tax (benefit) expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$11.00K	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$237.37M	USD	2 Qtrs
Reclassification adjustment for realized gains (losses) included in net income, tax (benefit) expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-7.00K	USD	2 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$247.74M	USD	2 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$125.98M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$10.92M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$16.52M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$21.12M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$31.41M	USD	2 Qtrs
Net realized investment gains (losses)	`GainLossOnInvestments`	$-33.00K	USD	2 Qtrs
Net realized investment gains (losses)	`GainLossOnInvestments`	$461.00K	USD	2 Qtrs
Net realized investment gains (losses)	`GainLossOnInvestments`	-	USD	1 Quarter
Net realized investment gains (losses)	`GainLossOnInvestments`	$53.00K	USD	1 Quarter
Other revenues	`OtherIncome`	$346.00K	USD	2 Qtrs
Other revenues	`OtherIncome`	$182.00K	USD	1 Quarter
Other revenues	`OtherIncome`	$715.00K	USD	2 Qtrs
Other revenues	`OtherIncome`	$376.00K	USD	1 Quarter
Total revenues	`Revenues`	$132.22M	USD	1 Quarter
Total revenues	`Revenues`	$142.69M	USD	1 Quarter
Total revenues	`Revenues`	$259.66M	USD	2 Qtrs
Total revenues	`Revenues`	$279.46M	USD	2 Qtrs
Insurance claims and claim expenses (benefits)	`PolicyholderBenefitsAndClaimsIncurredNet`	$-3.04M	USD	1 Quarter
Insurance claims and claim expenses (benefits)	`PolicyholderBenefitsAndClaimsIncurredNet`	$-3.65M	USD	2 Qtrs
Insurance claims and claim expenses (benefits)	`PolicyholderBenefitsAndClaimsIncurredNet`	$2.87M	USD	1 Quarter
Insurance claims and claim expenses (benefits)	`PolicyholderBenefitsAndClaimsIncurredNet`	$9.57M	USD	2 Qtrs
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$30.70M	USD	1 Quarter
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$27.45M	USD	1 Quarter
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$63.63M	USD	2 Qtrs
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$53.23M	USD	2 Qtrs
Service expenses	`OtherNonoperatingExpense`	$347.00K	USD	2 Qtrs
Service expenses	`OtherNonoperatingExpense`	$267.00K	USD	1 Quarter
Service expenses	`OtherNonoperatingExpense`	$336.00K	USD	1 Quarter
Service expenses	`OtherNonoperatingExpense`	$766.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$16.09M	USD	2 Qtrs
Interest expense	`InterestExpense`	$8.05M	USD	1 Quarter
Interest expense	`InterestExpense`	$16.09M	USD	2 Qtrs
Interest expense	`InterestExpense`	$8.05M	USD	1 Quarter
Gain from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	-	USD	2 Qtrs
Gain from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	-	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`	$1.02M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$79.24M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$38.64M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$75.72M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$35.03M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$183.94M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$200.22M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$97.19M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$104.05M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$40.81M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$45.48M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$23.77M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$21.75M	USD	1 Quarter
Net income	`NetIncomeLoss`	$75.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$143.12M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$74.46M	USD	1 Quarter
Net income	`NetIncomeLoss`	$67.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$154.74M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.67	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.97	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.88	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.86	USD	2 Qtrs
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`	$1.83	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.95	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.84M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.73M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	82.96M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	83.28M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.58M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.94M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	84.19M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	84.50M	shares	2 Qtrs
Net income	`NetIncomeLoss`	$75.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$143.12M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$74.46M	USD	1 Quarter
Net income	`NetIncomeLoss`	$67.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$154.74M	USD	2 Qtrs
Unrealized (losses) gains in accumulated other comprehensive (loss) income, net of tax (benefit) expense of $(4,120) and $(17,004) for the three months ended June 30, 2023 and 2022, and $4,513 and $(43,180) for the six months ended June 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$16.98M	USD	2 Qtrs
Unrealized (losses) gains in accumulated other comprehensive (loss) income, net of tax (benefit) expense of $(4,120) and $(17,004) for the three months ended June 30, 2023 and 2022, and $4,513 and $(43,180) for the six months ended June 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-162.44M	USD	2 Qtrs
Unrealized (losses) gains in accumulated other comprehensive (loss) income, net of tax (benefit) expense of $(4,120) and $(17,004) for the three months ended June 30, 2023 and 2022, and $4,513 and $(43,180) for the six months ended June 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-15.50M	USD	1 Quarter
Unrealized (losses) gains in accumulated other comprehensive (loss) income, net of tax (benefit) expense of $(4,120) and $(17,004) for the three months ended June 30, 2023 and 2022, and $4,513 and $(43,180) for the six months ended June 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-63.97M	USD	1 Quarter
Reclassification adjustment for realized (gains) losses included in net income, net of tax expense (benefit) of $0 and $11 for the three months ended June 30, 2023 and 2022, and $(7) and $97 for the six months ended June 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Reclassification adjustment for realized (gains) losses included in net income, net of tax expense (benefit) of $0 and $11 for the three months ended June 30, 2023 and 2022, and $(7) and $97 for the six months ended June 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$367.00K	USD	2 Qtrs
Reclassification adjustment for realized (gains) losses included in net income, net of tax expense (benefit) of $0 and $11 for the three months ended June 30, 2023 and 2022, and $(7) and $97 for the six months ended June 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-26.00K	USD	2 Qtrs
Reclassification adjustment for realized (gains) losses included in net income, net of tax expense (benefit) of $0 and $11 for the three months ended June 30, 2023 and 2022, and $(7) and $97 for the six months ended June 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$44.00K	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-162.81M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$17.00M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-15.50M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-64.01M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-19.68M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$171.75M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$64.78M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$11.43M	USD	1 Quarter

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$75.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$143.12M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$74.46M	USD	1 Quarter
Net income	`NetIncomeLoss`	$67.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$154.74M	USD	2 Qtrs
Net realized investment loss (gains)	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$-33.00K	USD	2 Qtrs
Net realized investment loss (gains)	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$53.00K	USD	1 Quarter
Net realized investment loss (gains)	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$461.00K	USD	2 Qtrs
Net realized investment loss (gains)	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	-	USD	1 Quarter
Gain from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	-	USD	2 Qtrs
Gain from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	-	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`	$1.02M	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$5.64M	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`	$-2.08M	USD	2 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$909.00K	USD	2 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$966.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$40.76M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$43.77M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$7.17M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$8.06M	USD	2 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$3.35M	USD	2 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$2.69M	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$530.00K	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$3.25M	USD	2 Qtrs
Deferred policy acquisition costs, net	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$184.00K	USD	2 Qtrs
Deferred policy acquisition costs, net	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$2.60M	USD	2 Qtrs
Reinsurance recoverable	`IncreaseDecreaseInReinsuranceRecoverable`	$2.44M	USD	2 Qtrs
Reinsurance recoverable	`IncreaseDecreaseInReinsuranceRecoverable`	$-732.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-166.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$526.00K	USD	2 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-17.97M	USD	2 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-3.56M	USD	2 Qtrs
Reserve for insurance claims and claim expenses	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$-5.09M	USD	2 Qtrs
Reserve for insurance claims and claim expenses	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$10.61M	USD	2 Qtrs
Reinsurance balances, net	`IncreaseDecreaseinReinsuranceAssetsandLiabilities`	$691.00K	USD	2 Qtrs
Reinsurance balances, net	`IncreaseDecreaseinReinsuranceAssetsandLiabilities`	$515.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-13.81M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.80M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$191.74M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$173.83M	USD	2 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$152.72M	USD	2 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$118.93M	USD	2 Qtrs
Purchase of fixed-maturity investments, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$111.38M	USD	2 Qtrs
Purchase of fixed-maturity investments, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$224.38M	USD	2 Qtrs
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$33.13M	USD	2 Qtrs
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$189.67M	USD	2 Qtrs
Proceeds from redemptions, maturities and sale of fixed-maturity investments, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$54.73M	USD	2 Qtrs
Proceeds from redemptions, maturities and sale of fixed-maturity investments, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$72.50M	USD	2 Qtrs
Software and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.55M	USD	2 Qtrs
Software and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.31M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-147.76M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-119.47M	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`	$2.71M	USD	2 Qtrs
Proceeds from issuance of common stock related to warrant exercises	`ProceedsFromWarrantExercises`	-	USD	2 Qtrs
Proceeds from issuance of common stock related to warrant exercises	`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`	$5.30M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$30.37M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$40.79M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-30.33M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-43.38M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$28.89M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.25M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$44.43M	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, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$73.32M	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, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$44.43M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.40M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$73.32M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$76.65M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$14.75M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$14.75M	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	$1.00K	USD	2 Qtrs

Stockholders Equity 43 line items

Line Item	Tag	Value	Unit	Period
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`	$8.64M	USD	1 Quarter
Change in unrealized investment gains/losses, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-4.12M	USD	1 Quarter
Change in unrealized investment gains/losses, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-17.02M	USD	1 Quarter
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.75B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.61B	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`	$1.71B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.57B	USD	Point-in-time
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 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`	$21.00K	USD	1 Quarter
Common stock: class A shares issued under stock plans, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanNetofTaxWithholdings`	$-2.61M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$25.37M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$26.24M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$14.86M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$5.00M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.87M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.68M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.20M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.49M	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax benefit/expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-98.79M	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax benefit/expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-15.50M	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax benefit/expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$32.50M	USD	1 Quarter
Change in unrealized investment gains/losses, net of tax benefit/expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-64.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$75.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$143.12M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$74.46M	USD	1 Quarter
Net income	`NetIncomeLoss`	$67.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$154.74M	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$1.75B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.61B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.54B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.53B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.71B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.57B	USD	Point-in-time

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