10-Q Filing

NMI HOLDINGS, INC. CIK: 1547903 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001547903-23-000140`
Period End Date	20230930
Filing Date	20231102
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	nmih-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 108 Cash Flow Statement 82 Stockholders Equity 63

Balance Sheet 79 line items

Line Item	Tag	Value	Unit	Period
Debt securities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$2.46B	USD	Point-in-time
Debt securities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$2.35B	USD	Point-in-time
Restricted cash	`RestrictedCash`	$2.25M	USD	Point-in-time
Fixed maturities, available-for-sale, at fair value (amortized cost of $2,462,778 and $2,352,747 as of September 30, 2023 and December 31, 2022, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$2.10B	USD	Point-in-time
Fixed maturities, available-for-sale, at fair value (amortized cost of $2,462,778 and $2,352,747 as of September 30, 2023 and December 31, 2022, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$2.20B	USD	Point-in-time
Restricted cash	`RestrictedCash`	$2.18M	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 $2,251 and $2,176 as of September 30, 2023 and December 31, 2022, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$125.81M	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 $2,251 and $2,176 as of September 30, 2023 and December 31, 2022, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$44.43M	USD	Point-in-time
Cash and cash equivalents (including restricted cash of $2,251 and $2,176 as of September 30, 2023 and December 31, 2022, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$176.46M	USD	Point-in-time
Cash and cash equivalents (including restricted cash of $2,251 and $2,176 as of September 30, 2023 and December 31, 2022, respectively)	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$76.65M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	86.94M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	86.47M	shares	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$73.38M	USD	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$69.68M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	81.63M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	83.55M	shares	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$17.97M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$14.14M	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`	$58.56M	USD	Point-in-time
Deferred policy acquisition costs, net	`DeferredPolicyAcquisitionCosts`	$62.20M	USD	Point-in-time
Software and equipment, net	`PropertyPlantAndEquipmentNet`	$31.93M	USD	Point-in-time
Software and equipment, net	`PropertyPlantAndEquipmentNet`	$31.99M	USD	Point-in-time
Treasury stock, common shares (in shares)	`TreasuryStockCommonShares`	5.31M	shares	Point-in-time
Treasury stock, common shares (in shares)	`TreasuryStockCommonShares`	2.92M	shares	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`	$25.96M	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`	$18.34M	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`	$2.76B	USD	Point-in-time
Debt	`SecuredDebt`	$397.20M	USD	Point-in-time
Debt	`SecuredDebt`	$396.05M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$123.03M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$98.21M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$88.63M	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`	$94.94M	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$116.08M	USD	Point-in-time
Reserve for insurance claims and claim expenses	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$99.84M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$2.67M	USD	Point-in-time
Reinsurance funds withheld	`FundsHeldUnderReinsuranceAgreementsLiability`	$1.95M	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$193.86M	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$257.16M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$11.84M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$12.27M	USD	Point-in-time
Total liabilities	`Liabilities`	$902.30M	USD	Point-in-time
Total liabilities	`Liabilities`	$971.07M	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; 86,940,460 shares issued and 81,630,452 shares outstanding as of September 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
Common stock - class A shares, $0.01 par value; 86,940,460 shares issued and 81,630,452 shares outstanding as of September 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
Additional paid-in capital	`AdditionalPaidInCapital`	$981.04M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$972.72M	USD	Point-in-time
Treasury Stock, at cost: 5,310,008 and 2,922,863 common shares as of September 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$117.12M	USD	Point-in-time
Treasury Stock, at cost: 5,310,008 and 2,922,863 common shares as of September 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`	$-213.58M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.14B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$901.04M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.57B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.75B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.53B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.54B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.61B	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`	$1.79B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.52B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.76B	USD	Point-in-time

Income Statement 108 line items

Line Item	Tag	Value	Unit	Period
Unrealized losses in accumulated other comprehensive loss, net of tax benefit	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-15.93M	USD	1 Quarter
Unrealized losses in accumulated other comprehensive loss, net of tax benefit	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-59.11M	USD	3 Qtrs
Unrealized losses in accumulated other comprehensive loss, net of tax benefit	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-2.47M	USD	3 Qtrs
Unrealized losses in accumulated other comprehensive loss, net of tax benefit	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-6.98M	USD	1 Quarter
Reclassification adjustment for realized (gains) losses included in net income, net of tax expense (benefit)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$100.00K	USD	3 Qtrs
Reclassification adjustment for realized (gains) losses included in net income, net of tax expense (benefit)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	-	USD	1 Quarter
Reclassification adjustment for realized (gains) losses included in net income, net of tax expense (benefit)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-7.00K	USD	3 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$377.83M	USD	3 Qtrs
Reclassification adjustment for realized (gains) losses included in net income, net of tax expense (benefit)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$3.00K	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$355.68M	USD	3 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$130.09M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$118.32M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$33.06M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$17.85M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$49.27M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$11.95M	USD	1 Quarter
Net realized investment gains (losses)	`GainLossOnInvestments`	$475.00K	USD	3 Qtrs
Net realized investment gains (losses)	`GainLossOnInvestments`	$14.00K	USD	1 Quarter
Net realized investment gains (losses)	`GainLossOnInvestments`	-	USD	1 Quarter
Net realized investment gains (losses)	`GainLossOnInvestments`	$-33.00K	USD	3 Qtrs
Other revenues	`OtherIncome`	$301.00K	USD	1 Quarter
Other revenues	`OtherIncome`	$217.00K	USD	1 Quarter
Other revenues	`OtherIncome`	$563.00K	USD	3 Qtrs
Other revenues	`OtherIncome`	$1.02M	USD	3 Qtrs
Total revenues	`Revenues`	$148.16M	USD	1 Quarter
Total revenues	`Revenues`	$427.62M	USD	3 Qtrs
Total revenues	`Revenues`	$390.24M	USD	3 Qtrs
Total revenues	`Revenues`	$130.58M	USD	1 Quarter
Insurance claims and claim expenses (benefits)	`PolicyholderBenefitsAndClaimsIncurredNet`	$14.39M	USD	3 Qtrs
Insurance claims and claim expenses (benefits)	`PolicyholderBenefitsAndClaimsIncurredNet`	$-7.04M	USD	3 Qtrs
Insurance claims and claim expenses (benefits)	`PolicyholderBenefitsAndClaimsIncurredNet`	$4.81M	USD	1 Quarter
Insurance claims and claim expenses (benefits)	`PolicyholderBenefitsAndClaimsIncurredNet`	$-3.39M	USD	1 Quarter
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$27.14M	USD	1 Quarter
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$90.78M	USD	3 Qtrs
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$80.98M	USD	3 Qtrs
Underwriting and operating expenses	`OtherCostAndExpenseOperating`	$27.75M	USD	1 Quarter
Service expenses	`OtherNonoperatingExpense`	$586.00K	USD	3 Qtrs
Service expenses	`OtherNonoperatingExpense`	$963.00K	USD	3 Qtrs
Service expenses	`OtherNonoperatingExpense`	$239.00K	USD	1 Quarter
Service expenses	`OtherNonoperatingExpense`	$197.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$24.15M	USD	3 Qtrs
Interest expense	`InterestExpense`	$24.13M	USD	3 Qtrs
Interest expense	`InterestExpense`	$8.04M	USD	1 Quarter
Interest expense	`InterestExpense`	$8.06M	USD	1 Quarter
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
Gain from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	-	USD	1 Quarter
Gain from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	-	USD	3 Qtrs
Total expenses	`CostsAndExpenses`	$107.71M	USD	3 Qtrs
Total expenses	`CostsAndExpenses`	$120.10M	USD	3 Qtrs
Total expenses	`CostsAndExpenses`	$40.86M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$31.99M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$307.52M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$98.59M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$107.30M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$282.52M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$68.83M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$21.75M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$23.34M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$62.56M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$238.70M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$75.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$67.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$219.96M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$80.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$74.46M	USD	1 Quarter
Net income	`NetIncomeLoss`	$76.84M	USD	1 Quarter
Net income	`NetIncomeLoss`	$83.95M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.58	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.91	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.88	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.00	USD	1 Quarter
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`	$2.83	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	82.10M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	82.88M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.37M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	84.44M	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`	83.67M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	84.24M	shares	3 Qtrs
Net income	`NetIncomeLoss`	$238.70M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$75.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$67.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$219.96M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$80.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$74.46M	USD	1 Quarter
Net income	`NetIncomeLoss`	$76.84M	USD	1 Quarter
Net income	`NetIncomeLoss`	$83.95M	USD	1 Quarter
Unrealized losses in accumulated other comprehensive loss, net of tax benefit of $6,980 and $15,932 for the three months ended September 30, 2023 and 2022, and $2,467 and $59,112 for the nine months ended September 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-26.26M	USD	1 Quarter
Unrealized losses in accumulated other comprehensive loss, net of tax benefit of $6,980 and $15,932 for the three months ended September 30, 2023 and 2022, and $2,467 and $59,112 for the nine months ended September 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-59.94M	USD	1 Quarter
Unrealized losses in accumulated other comprehensive loss, net of tax benefit of $6,980 and $15,932 for the three months ended September 30, 2023 and 2022, and $2,467 and $59,112 for the nine months ended September 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-222.37M	USD	3 Qtrs
Unrealized losses in accumulated other comprehensive loss, net of tax benefit of $6,980 and $15,932 for the three months ended September 30, 2023 and 2022, and $2,467 and $59,112 for the nine months ended September 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-9.28M	USD	3 Qtrs
Reclassification adjustment for realized (gains) losses included in net income, net of tax expense (benefit) of $0 and $3 for the three months ended September 30, 2023 and 2022, and $(7) and $100 for the nine months ended September 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$10.00K	USD	1 Quarter
Reclassification adjustment for realized (gains) losses included in net income, net of tax expense (benefit) of $0 and $3 for the three months ended September 30, 2023 and 2022, and $(7) and $100 for the nine months ended September 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 $3 for the three months ended September 30, 2023 and 2022, and $(7) and $100 for the nine months ended September 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$377.00K	USD	3 Qtrs
Reclassification adjustment for realized (gains) losses included in net income, net of tax expense (benefit) of $0 and $3 for the three months ended September 30, 2023 and 2022, and $(7) and $100 for the nine months ended September 30, 2023 and 2022, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-26.00K	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-26.26M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-222.75M	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.25M	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-59.95M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-2.79M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$229.44M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$16.89M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$57.70M	USD	1 Quarter

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$238.70M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$75.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$67.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$219.96M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$80.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$74.46M	USD	1 Quarter
Net income	`NetIncomeLoss`	$76.84M	USD	1 Quarter
Net income	`NetIncomeLoss`	$83.95M	USD	1 Quarter
Net realized investment loss (gains)	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	-	USD	1 Quarter
Net realized investment loss (gains)	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$14.00K	USD	1 Quarter
Net realized investment loss (gains)	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$475.00K	USD	3 Qtrs
Net realized investment loss (gains)	`DebtSecuritiesAvailableForSaleRealizedGainLoss`	$-33.00K	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
Gain from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	-	USD	1 Quarter
Gain from change in fair value of warrant liability	`GainLossonChangeinFairValueofWarrantLiability`	-	USD	3 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$8.52M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$8.98M	USD	3 Qtrs
Net (accretion)/amortization of (discount)/premium on investment securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-4.86M	USD	3 Qtrs
Net (accretion)/amortization of (discount)/premium on investment securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$55.00K	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`	$1.46M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$65.76M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$61.65M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$10.91M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$11.95M	USD	3 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$6.84M	USD	3 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$3.70M	USD	3 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$3.83M	USD	3 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$1.44M	USD	3 Qtrs
Deferred policy acquisition costs, net	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$-101.00K	USD	3 Qtrs
Deferred policy acquisition costs, net	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$3.63M	USD	3 Qtrs
Reinsurance recoverable	`IncreaseDecreaseInReinsuranceRecoverable`	$4.37M	USD	3 Qtrs
Reinsurance recoverable	`IncreaseDecreaseInReinsuranceRecoverable`	$-565.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.09M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$315.00K	USD	3 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-8.59M	USD	3 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-24.82M	USD	3 Qtrs
Reserve for insurance claims and claim expenses	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$16.24M	USD	3 Qtrs
Reserve for insurance claims and claim expenses	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$-8.61M	USD	3 Qtrs
Reinsurance balances, net	`IncreaseDecreaseinReinsuranceAssetsandLiabilities`	$1.07M	USD	3 Qtrs
Reinsurance balances, net	`IncreaseDecreaseinReinsuranceAssetsandLiabilities`	$432.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$617.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$12.88M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$281.60M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$312.57M	USD	3 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$152.72M	USD	3 Qtrs
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$229.82M	USD	3 Qtrs
Purchase of fixed-maturity investments, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$156.97M	USD	3 Qtrs
Purchase of fixed-maturity investments, available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$352.47M	USD	3 Qtrs
Proceeds from maturity of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$289.92M	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`	$82.86M	USD	3 Qtrs
Proceeds from redemptions, maturities and sale of fixed-maturity investments, available-for-sale	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$105.26M	USD	3 Qtrs
Software and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.90M	USD	3 Qtrs
Software and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.76M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-117.91M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-182.11M	USD	3 Qtrs
Proceeds from issuance of common stock related to employee equity plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$2.87M	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 warrant exercises	`ProceedsFromWarrantExercises`	-	USD	3 Qtrs
Proceeds from issuance of common stock related to warrant exercises	`ProceedsFromWarrantExercises`	$518.00K	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.45M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.04M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$51.20M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$60.05M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-62.62M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-50.33M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$49.17M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$132.04M	USD	3 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$125.81M	USD	Point-in-time
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`	$176.46M	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`	$125.81M	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`	$176.46M	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	3 Qtrs
Interest paid	`InterestPaidNet`	$14.75M	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	$21.00K	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	3 Qtrs

Stockholders Equity 63 line items

Line Item	Tag	Value	Unit	Period
Change in unrealized investment gains/losses, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-6.98M	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`	$-26.26M	USD	1 Quarter
Change in unrealized investment gains/losses, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-15.94M	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
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 (in shares)	`CommonStockSharesOutstanding`	81.63M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	83.55M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$1.57B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.75B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.53B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.54B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.61B	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`	$1.79B	USD	Point-in-time
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 under stock plans, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanNetofTaxWithholdings`	$-2.61M	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`	$30.00K	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`	$21.00K	USD	1 Quarter
Common stock: class A shares issued under stock plans, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanNetofTaxWithholdings`	$9.00K	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$20.82M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$14.86M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$5.00M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$26.24M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$25.37M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$19.44M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.87M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.49M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.20M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.74M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.88M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.68M	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
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`	$-26.26M	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`	$-59.95M	USD	1 Quarter
Net income	`NetIncomeLoss`	$238.70M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$75.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$67.68M	USD	1 Quarter
Net income	`NetIncomeLoss`	$219.96M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$80.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$74.46M	USD	1 Quarter
Net income	`NetIncomeLoss`	$76.84M	USD	1 Quarter
Net income	`NetIncomeLoss`	$83.95M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	81.63M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	83.55M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$1.57B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.75B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.53B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.54B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.61B	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`	$1.79B	USD	Point-in-time

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