10-Q Filing

ESSENT GROUP LTD. CIK: 1448893 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001628280-16-018617`
Period End Date	20160630
Filing Date	20160805
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	esnt-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 63 Income Statement 86 Cash Flow Statement 72 Stockholders Equity 23 Comprehensive Income 4

Balance Sheet 63 line items

Line Item	Tag	Value	Unit	Period
Fixed maturities (amortized cost: 2016 $1,270,454; 2015 $1,189,978)	`MarketableSecuritiesFixedMaturities`	$1.31B	USD	Point-in-time
Fixed maturities (amortized cost: 2016 $1,270,454; 2015 $1,189,978)	`MarketableSecuritiesFixedMaturities`	$1.19B	USD	Point-in-time
Short-term investments (amortized cost: 2016 $129,235; 2015 $85,994)	`ShortTermInvestments`	$86.00M	USD	Point-in-time
Short-term investments (amortized cost: 2016 $129,235; 2015 $85,994)	`ShortTermInvestments`	$129.24M	USD	Point-in-time
Total investments	`Investments`	$1.44B	USD	Point-in-time
Total investments	`Investments`	$1.28B	USD	Point-in-time
Cash	`Cash`	$24.61M	USD	Point-in-time
Cash	`Cash`	$16.17M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$8.48M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$7.77M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNet`	$16.64M	USD	Point-in-time
Amortized cost	`AvailableForSaleSecuritiesAmortizedCost`	$1.28B	USD	Point-in-time
Accounts receivable	`AccountsReceivableNet`	$21.12M	USD	Point-in-time
Amortized cost	`AvailableForSaleSecuritiesAmortizedCost`	$1.40B	USD	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$12.24M	USD	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$11.53M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$44.52M	USD	Point-in-time
Property and equipment (at cost, less accumulated depreciation of $44,519 in 2016 and $42,479 in 2015)	`PropertyPlantAndEquipmentNet`	$9.03M	USD	Point-in-time
Property and equipment (at cost, less accumulated depreciation of $44,519 in 2016 and $42,479 in 2015)	`PropertyPlantAndEquipmentNet`	$9.02M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$42.48M	USD	Point-in-time
Prepaid federal income tax	`MortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$119.41M	USD	Point-in-time
Prepaid federal income tax	`MortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$149.77M	USD	Point-in-time
Common Shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other assets	`OtherAssets`	$6.21M	USD	Point-in-time
Common Shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other assets	`OtherAssets`	$3.49M	USD	Point-in-time
Common Shares, authorized	`CommonStockSharesAuthorized`	233.33M	shares	Point-in-time
Total assets	`Assets`	$1.66B	USD	Point-in-time
Common Shares, authorized	`CommonStockSharesAuthorized`	233.33M	shares	Point-in-time
Total assets	`Assets`	$1.47B	USD	Point-in-time
Common Shares, issued	`CommonStockSharesIssued`	92.65M	shares	Point-in-time
Common Shares, issued	`CommonStockSharesIssued`	93.11M	shares	Point-in-time
Reserve for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet`	$8.43M	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet`	$22.47M	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet`	$11.93M	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet`	$17.76M	USD	Point-in-time
Unearned premium reserve	`UnearnedPremiums`	$201.04M	USD	Point-in-time
Unearned premium reserve	`UnearnedPremiums`	$214.91M	USD	Point-in-time
Accrued payroll and bonuses	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$15.96M	USD	Point-in-time
Accrued payroll and bonuses	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$11.15M	USD	Point-in-time
Net deferred tax liability	`DeferredTaxLiabilities`	$87.96M	USD	Point-in-time
Net deferred tax liability	`DeferredTaxLiabilities`	$126.99M	USD	Point-in-time
Securities purchases payable	`InvestmentRelatedLiabilities`	$21.39M	USD	Point-in-time
Securities purchases payable	`InvestmentRelatedLiabilities`	$15.00M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$12.69M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$12.14M	USD	Point-in-time
Total liabilities	`Liabilities`	$409.60M	USD	Point-in-time
Total liabilities	`Liabilities`	$349.86M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common Shares, $0.015 par value: Authorized - 233,333; issued - 93,106 shares in 2016 and 92,650 shares in 2015	`CommonStockValue`	$1.40M	USD	Point-in-time
Common Shares, $0.015 par value: Authorized - 233,333; issued - 93,106 shares in 2016 and 92,650 shares in 2015	`CommonStockValue`	$1.39M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$909.31M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$904.22M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-99.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$23.96M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$313.94M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$213.73M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.25B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$955.74M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.12B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.47B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.66B	USD	Point-in-time

Income Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net premiums written	`PremiumsWrittenNet`	$174.66M	USD	2 Qtrs
Net premiums written	`PremiumsWrittenNet`	$92.40M	USD	1 Quarter
Net premiums written	`PremiumsWrittenNet`	$108.51M	USD	1 Quarter
Net premiums written	`PremiumsWrittenNet`	$208.98M	USD	2 Qtrs
Increase in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$-14.04M	USD	1 Quarter
Increase in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$-21.26M	USD	2 Qtrs
Increase in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$-7.80M	USD	1 Quarter
Increase in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$-13.87M	USD	2 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$78.36M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$153.40M	USD	2 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$100.71M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$195.11M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$12.88M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$4.72M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$9.00M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$6.70M	USD	1 Quarter
Realized investment gains, net	`RealizedInvestmentGainsLosses`	$583.00K	USD	1 Quarter
Realized investment gains, net	`RealizedInvestmentGainsLosses`	$568.00K	USD	1 Quarter
Realized investment gains, net	`RealizedInvestmentGainsLosses`	$1.05M	USD	2 Qtrs
Realized investment gains, net	`RealizedInvestmentGainsLosses`	$1.22M	USD	2 Qtrs
Other income	`OtherIncome`	$418.00K	USD	1 Quarter
Other income	`OtherIncome`	$1.58M	USD	2 Qtrs
Other income	`OtherIncome`	$170.00K	USD	1 Quarter
Other income	`OtherIncome`	$462.00K	USD	2 Qtrs
Total revenues	`Revenues`	$84.07M	USD	1 Quarter
Total revenues	`Revenues`	$164.08M	USD	2 Qtrs
Total revenues	`Revenues`	$210.63M	USD	2 Qtrs
Total revenues	`Revenues`	$108.17M	USD	1 Quarter
Provision for losses and LAE	`PolicyholderBenefitsAndClaimsIncurredNet`	$2.31M	USD	1 Quarter
Provision for losses and LAE	`PolicyholderBenefitsAndClaimsIncurredNet`	$6.70M	USD	2 Qtrs
Provision for losses and LAE	`PolicyholderBenefitsAndClaimsIncurredNet`	$4.31M	USD	2 Qtrs
Provision for losses and LAE	`PolicyholderBenefitsAndClaimsIncurredNet`	$2.96M	USD	1 Quarter
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$62.80M	USD	2 Qtrs
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$27.15M	USD	1 Quarter
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$54.65M	USD	2 Qtrs
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$31.41M	USD	1 Quarter
Total losses and expenses	`BenefitsLossesAndExpenses`	$58.96M	USD	2 Qtrs
Total losses and expenses	`BenefitsLossesAndExpenses`	$29.46M	USD	1 Quarter
Total losses and expenses	`BenefitsLossesAndExpenses`	$69.49M	USD	2 Qtrs
Total losses and expenses	`BenefitsLossesAndExpenses`	$34.37M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$105.12M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$54.60M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$73.79M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$141.14M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$33.09M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$40.93M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$21.53M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$17.41M	USD	1 Quarter
Net income	`NetIncomeLoss`	$72.03M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$52.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$100.21M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$37.19M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.41	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.10	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.57	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.80	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.41	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.57	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.09	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.79	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	90.34M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	90.91M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	90.85M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	90.27M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	92.00M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	91.67M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	91.59M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	92.14M	shares	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$100.21M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$37.19M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$72.03M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$157.33M	USD	Annual
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$52.26M	USD	1 Quarter
Change in unrealized appreciation (depreciation) of investments, net of tax expense (benefit) of $5,049 and ($4,002) in the three months ended June 30, 2016 and 2015 and $10,763 and ($1,892) in the six months ended June 30, 2016 and 2015	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-8.77M	USD	1 Quarter
Change in unrealized appreciation (depreciation) of investments, net of tax expense (benefit) of $5,049 and ($4,002) in the three months ended June 30, 2016 and 2015 and $10,763 and ($1,892) in the six months ended June 30, 2016 and 2015	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$10.70M	USD	1 Quarter
Change in unrealized appreciation (depreciation) of investments, net of tax expense (benefit) of $5,049 and ($4,002) in the three months ended June 30, 2016 and 2015 and $10,763 and ($1,892) in the six months ended June 30, 2016 and 2015	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-3.88M	USD	2 Qtrs
Change in unrealized appreciation (depreciation) of investments, net of tax expense (benefit) of $5,049 and ($4,002) in the three months ended June 30, 2016 and 2015 and $10,763 and ($1,892) in the six months ended June 30, 2016 and 2015	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$24.06M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$10.70M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.77M	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.88M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-8.77M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$24.06M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$68.15M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$28.42M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$62.96M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$124.27M	USD	2 Qtrs

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$72.03M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$52.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$100.21M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$37.19M	USD	1 Quarter
Gain on the sale of investments, net	`RealizedInvestmentGainsLosses`	$583.00K	USD	1 Quarter
Gain on the sale of investments, net	`RealizedInvestmentGainsLosses`	$568.00K	USD	1 Quarter
Gain on the sale of investments, net	`RealizedInvestmentGainsLosses`	$1.05M	USD	2 Qtrs
Gain on the sale of investments, net	`RealizedInvestmentGainsLosses`	$1.22M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.58M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.04M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$7.95M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$6.60M	USD	2 Qtrs
Amortization of premium on investment securities	`InvestmentIncomeAmortizationOfPremium`	$4.83M	USD	2 Qtrs
Amortization of premium on investment securities	`InvestmentIncomeAmortizationOfPremium`	$5.22M	USD	2 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$28.96M	USD	2 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$28.26M	USD	2 Qtrs
Excess tax benefits from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$2.33M	USD	2 Qtrs
Excess tax benefits from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.02M	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$712.00K	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$1.20M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.16M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.48M	USD	2 Qtrs
Deferred policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$710.00K	USD	2 Qtrs
Deferred policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$949.00K	USD	2 Qtrs
Prepaid federal income tax	`IncreaseDecreaseInMortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$35.50M	USD	2 Qtrs
Prepaid federal income tax	`IncreaseDecreaseInMortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$30.36M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$375.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.49M	USD	2 Qtrs
Reserve for losses and LAE	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$3.50M	USD	2 Qtrs
Reserve for losses and LAE	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$4.71M	USD	2 Qtrs
Unearned premium reserve	`IncreaseDecreaseInUnearnedPremiums`	$21.26M	USD	2 Qtrs
Unearned premium reserve	`IncreaseDecreaseInUnearnedPremiums`	$13.87M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-3.08M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-3.48M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$89.85M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$122.07M	USD	2 Qtrs
Net change in short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$-115.32M	USD	2 Qtrs
Net change in short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$43.24M	USD	2 Qtrs
Purchase of investments available for sale	`PaymentsToAcquireAvailableForSaleSecurities`	$268.02M	USD	2 Qtrs
Purchase of investments available for sale	`PaymentsToAcquireAvailableForSaleSecurities`	$417.54M	USD	2 Qtrs
Proceeds from maturity of investments available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$9.04M	USD	2 Qtrs
Proceeds from maturity of investments available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$7.53M	USD	2 Qtrs
Proceeds from sales of investments available for sale	`ProceedsFromSaleOfAvailableForSaleSecurities`	$212.21M	USD	2 Qtrs
Proceeds from sales of investments available for sale	`ProceedsFromSaleOfAvailableForSaleSecurities`	$178.72M	USD	2 Qtrs
Purchase of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.05M	USD	2 Qtrs
Purchase of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.93M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-85.42M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-125.55M	USD	2 Qtrs
Payment of issuance costs for revolving line of credit	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Payment of issuance costs for revolving line of credit	`PaymentsOfDebtIssuanceCosts`	$2.10M	USD	2 Qtrs
Treasury stock acquired	`PaymentsForRepurchaseOfCommonStock`	$3.88M	USD	2 Qtrs
Treasury stock acquired	`PaymentsForRepurchaseOfCommonStock`	$5.08M	USD	2 Qtrs
Excess tax benefits from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.02M	USD	2 Qtrs
Excess tax benefits from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$2.33M	USD	2 Qtrs
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	2 Qtrs
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	$537.00K	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$34.00K	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.95M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.25M	USD	2 Qtrs
Net (decrease) increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-8.43M	USD	2 Qtrs
Net (decrease) increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.18M	USD	2 Qtrs
Cash at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$25.59M	USD	Point-in-time
Cash at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$16.17M	USD	Point-in-time
Cash at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$24.41M	USD	Point-in-time
Cash at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$24.61M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$25.59M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$16.17M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$24.41M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$24.61M	USD	Point-in-time
Income tax payments	`IncomeTaxesPaidNet`	$-5.00M	USD	2 Qtrs
Income tax payments	`IncomeTaxesPaidNet`	$-10.80M	USD	2 Qtrs

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Stockholders equity, beginning of period	`StockholdersEquity`	$1.25B	USD	Point-in-time
Stockholders equity, beginning of period	`StockholdersEquity`	$955.74M	USD	Point-in-time
Stockholders equity, beginning of period	`StockholdersEquity`	$1.12B	USD	Point-in-time
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$100.21M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$37.19M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$72.03M	USD	2 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$157.33M	USD	Annual
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$52.26M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$10.70M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.77M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.88M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-8.77M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$24.06M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.63M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.95M	USD	2 Qtrs
Excess tax benefits from stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$1.02M	USD	2 Qtrs
Excess tax benefits from stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$2.42M	USD	Annual
Treasury stock acquired	`TreasuryStockValueAcquiredCostMethod`	$5.17M	USD	Annual
Treasury stock acquired	`TreasuryStockValueAcquiredCostMethod`	$3.88M	USD	2 Qtrs
Other equity transactions	`AdjustmentsToAdditionalPaidInCapitalOther`	$53.00K	USD	Annual
Stockholders equity, end of period	`StockholdersEquity`	$1.25B	USD	Point-in-time
Stockholders equity, end of period	`StockholdersEquity`	$955.74M	USD	Point-in-time
Stockholders equity, end of period	`StockholdersEquity`	$1.12B	USD	Point-in-time

Comprehensive Income 4 line items

Line Item	Tag	Value	Unit	Period
Change in unrealized appreciation (depreciation) of investments, tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$10.76M	USD	2 Qtrs
Change in unrealized appreciation (depreciation) of investments, tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$5.05M	USD	1 Quarter
Change in unrealized appreciation (depreciation) of investments, tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$-4.00M	USD	1 Quarter
Change in unrealized appreciation (depreciation) of investments, tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$-1.89M	USD	2 Qtrs

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