10-Q Filing

ESSENT GROUP LTD. CIK: 1448893 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001628280-16-020866`
Period End Date	20160930
Filing Date	20161104
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	esnt-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 63 Income Statement 86 Cash Flow Statement 74 Stockholders Equity 23 Comprehensive Income 4

Balance Sheet 63 line items

Line Item	Tag	Value	Unit	Period
Fixed maturities (amortized cost: 2016 $1,399,093; 2015 $1,189,978)	`MarketableSecuritiesFixedMaturities`	$1.43B	USD	Point-in-time
Fixed maturities (amortized cost: 2016 $1,399,093; 2015 $1,189,978)	`MarketableSecuritiesFixedMaturities`	$1.19B	USD	Point-in-time
Short-term investments (amortized cost: 2016 $150,483; 2015 $85,994)	`ShortTermInvestments`	$86.00M	USD	Point-in-time
Short-term investments (amortized cost: 2016 $150,483; 2015 $85,994)	`ShortTermInvestments`	$150.48M	USD	Point-in-time
Total investments	`Investments`	$1.28B	USD	Point-in-time
Total investments	`Investments`	$1.58B	USD	Point-in-time
Cash	`Cash`	$16.34M	USD	Point-in-time
Cash	`Cash`	$24.61M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$7.77M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$8.86M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$45.57M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNet`	$20.25M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNet`	$16.64M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$42.48M	USD	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$13.01M	USD	Point-in-time
Deferred policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$11.53M	USD	Point-in-time
Common Shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Property and equipment (at cost, less accumulated depreciation of $45,567 in 2016 and $42,479 in 2015)	`PropertyPlantAndEquipmentNet`	$9.02M	USD	Point-in-time
Common Shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Property and equipment (at cost, less accumulated depreciation of $45,567 in 2016 and $42,479 in 2015)	`PropertyPlantAndEquipmentNet`	$8.29M	USD	Point-in-time
Prepaid federal income tax	`MortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$119.41M	USD	Point-in-time
Common Shares, authorized	`CommonStockSharesAuthorized`	233.33M	shares	Point-in-time
Prepaid federal income tax	`MortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$163.02M	USD	Point-in-time
Common Shares, authorized	`CommonStockSharesAuthorized`	233.33M	shares	Point-in-time
Common Shares, issued	`CommonStockSharesIssued`	93.10M	shares	Point-in-time
Other assets	`OtherAssets`	$3.49M	USD	Point-in-time
Other assets	`OtherAssets`	$5.80M	USD	Point-in-time
Common Shares, issued	`CommonStockSharesIssued`	92.65M	shares	Point-in-time
Total assets	`Assets`	$1.82B	USD	Point-in-time
Total assets	`Assets`	$1.47B	USD	Point-in-time
Amortized cost	`AvailableForSaleSecuritiesAmortizedCost`	$1.28B	USD	Point-in-time
Amortized cost	`AvailableForSaleSecuritiesAmortizedCost`	$1.55B	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet`	$25.73M	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet`	$17.76M	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet`	$14.55M	USD	Point-in-time
Reserve for losses and LAE	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet`	$8.43M	USD	Point-in-time
Unearned premium reserve	`UnearnedPremiums`	$220.00M	USD	Point-in-time
Unearned premium reserve	`UnearnedPremiums`	$201.04M	USD	Point-in-time
Net deferred tax liability	`DeferredTaxLiabilities`	$140.64M	USD	Point-in-time
Net deferred tax liability	`DeferredTaxLiabilities`	$87.96M	USD	Point-in-time
Revolving credit facility borrowings	`LineOfCredit`	$50.00M	USD	Point-in-time
Revolving credit facility borrowings	`LineOfCredit`	-	USD	Point-in-time
Securities purchases payable	`InvestmentRelatedLiabilities`	$15.00M	USD	Point-in-time
Securities purchases payable	`InvestmentRelatedLiabilities`	$45.77M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$28.09M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrentAndNoncurrent`	$25.38M	USD	Point-in-time
Total liabilities	`Liabilities`	$349.86M	USD	Point-in-time
Total liabilities	`Liabilities`	$507.51M	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 - 93,102 shares in 2016 and 92,650 shares in 2015	`CommonStockValue`	$1.39M	USD	Point-in-time
Common Shares, $0.015 par value: Authorized - 233,333; issued - 93,102 shares in 2016 and 92,650 shares in 2015	`CommonStockValue`	$1.40M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$904.22M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$913.22M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$21.95M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-99.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$373.65M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$213.73M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.31B	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`	$1.82B	USD	Point-in-time

Income Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net premiums written	`PremiumsWrittenNet`	$324.87M	USD	3 Qtrs
Net premiums written	`PremiumsWrittenNet`	$97.48M	USD	1 Quarter
Net premiums written	`PremiumsWrittenNet`	$272.13M	USD	3 Qtrs
Net premiums written	`PremiumsWrittenNet`	$115.89M	USD	1 Quarter
Increase in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$-13.78M	USD	1 Quarter
Increase in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$-18.95M	USD	3 Qtrs
Increase in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$-35.04M	USD	3 Qtrs
Increase in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$-5.09M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$110.80M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$83.69M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$237.09M	USD	3 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$305.92M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$19.66M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$6.78M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$14.32M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$5.32M	USD	1 Quarter
Realized investment gains, net	`RealizedInvestmentGainsLosses`	$548.00K	USD	1 Quarter
Realized investment gains, net	`RealizedInvestmentGainsLosses`	$1.49M	USD	3 Qtrs
Realized investment gains, net	`RealizedInvestmentGainsLosses`	$435.00K	USD	1 Quarter
Realized investment gains, net	`RealizedInvestmentGainsLosses`	$1.76M	USD	3 Qtrs
Other income	`OtherIncome`	$3.24M	USD	1 Quarter
Other income	`OtherIncome`	$4.82M	USD	3 Qtrs
Other income	`OtherIncome`	$2.63M	USD	3 Qtrs
Other income	`OtherIncome`	$2.17M	USD	1 Quarter
Total revenues	`Revenues`	$91.74M	USD	1 Quarter
Total revenues	`Revenues`	$331.88M	USD	3 Qtrs
Total revenues	`Revenues`	$255.81M	USD	3 Qtrs
Total revenues	`Revenues`	$121.25M	USD	1 Quarter
Provision for losses and LAE	`PolicyholderBenefitsAndClaimsIncurredNet`	$4.96M	USD	1 Quarter
Provision for losses and LAE	`PolicyholderBenefitsAndClaimsIncurredNet`	$3.39M	USD	1 Quarter
Provision for losses and LAE	`PolicyholderBenefitsAndClaimsIncurredNet`	$11.66M	USD	3 Qtrs
Provision for losses and LAE	`PolicyholderBenefitsAndClaimsIncurredNet`	$7.71M	USD	3 Qtrs
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$95.64M	USD	3 Qtrs
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$83.36M	USD	3 Qtrs
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$32.85M	USD	1 Quarter
Other underwriting and operating expenses	`OtherUnderwritingAndOperatingExpenses`	$28.71M	USD	1 Quarter
Total losses and expenses	`BenefitsLossesAndExpenses`	$37.81M	USD	1 Quarter
Total losses and expenses	`BenefitsLossesAndExpenses`	$32.11M	USD	1 Quarter
Total losses and expenses	`BenefitsLossesAndExpenses`	$91.07M	USD	3 Qtrs
Total losses and expenses	`BenefitsLossesAndExpenses`	$107.31M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$224.58M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$83.44M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$164.75M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$59.63M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$51.90M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$23.73M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$18.81M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$64.66M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$112.85M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$159.92M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$59.71M	USD	1 Quarter
Net income	`NetIncomeLoss`	$40.82M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.66	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.25	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.76	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.45	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.74	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.23	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.65	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.44	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	90.42M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	90.32M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	90.89M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	90.96M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	91.68M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	92.40M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	92.13M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	91.84M	shares	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$157.33M	USD	Annual
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$40.82M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$112.85M	USD	3 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$159.92M	USD	3 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$59.71M	USD	1 Quarter
Change in unrealized (depreciation) appreciation of investments, net of tax (benefit) expense of ($897) and $2,013 in the three months ended September 30, 2016 and 2015 and $9,866 and $121 in the nine months ended September 30, 2016 and 2015	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$380.00K	USD	3 Qtrs
Change in unrealized (depreciation) appreciation of investments, net of tax (benefit) expense of ($897) and $2,013 in the three months ended September 30, 2016 and 2015 and $9,866 and $121 in the nine months ended September 30, 2016 and 2015	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$4.26M	USD	1 Quarter
Change in unrealized (depreciation) appreciation of investments, net of tax (benefit) expense of ($897) and $2,013 in the three months ended September 30, 2016 and 2015 and $9,866 and $121 in the nine months ended September 30, 2016 and 2015	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-2.01M	USD	1 Quarter
Change in unrealized (depreciation) appreciation of investments, net of tax (benefit) expense of ($897) and $2,013 in the three months ended September 30, 2016 and 2015 and $9,866 and $121 in the nine months ended September 30, 2016 and 2015	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$22.05M	USD	3 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$380.00K	USD	3 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$22.05M	USD	3 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.77M	USD	Annual
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.01M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$4.26M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$113.23M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$57.70M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$181.97M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$45.08M	USD	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$112.85M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$159.92M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$59.71M	USD	1 Quarter
Net income	`NetIncomeLoss`	$40.82M	USD	1 Quarter
Gain on the sale of investments, net	`RealizedInvestmentGainsLosses`	$548.00K	USD	1 Quarter
Gain on the sale of investments, net	`RealizedInvestmentGainsLosses`	$1.49M	USD	3 Qtrs
Gain on the sale of investments, net	`RealizedInvestmentGainsLosses`	$435.00K	USD	1 Quarter
Gain on the sale of investments, net	`RealizedInvestmentGainsLosses`	$1.76M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.39M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.09M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$11.90M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$9.96M	USD	3 Qtrs
Amortization of premium on investment securities	`InvestmentIncomeAmortizationOfPremium`	$7.24M	USD	3 Qtrs
Amortization of premium on investment securities	`InvestmentIncomeAmortizationOfPremium`	$8.07M	USD	3 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$42.81M	USD	3 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$40.08M	USD	3 Qtrs
Excess tax benefits from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.06M	USD	3 Qtrs
Excess tax benefits from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$2.39M	USD	3 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$1.09M	USD	3 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$1.62M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.62M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.82M	USD	3 Qtrs
Deferred policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$1.48M	USD	3 Qtrs
Deferred policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$1.63M	USD	3 Qtrs
Prepaid federal income tax	`IncreaseDecreaseInMortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$47.74M	USD	3 Qtrs
Prepaid federal income tax	`IncreaseDecreaseInMortgageGuarantyInsurerUnitedStatesMortgageGuarantyTaxAndLossBonds`	$43.61M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.26M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-118.00K	USD	3 Qtrs
Reserve for losses and LAE	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$6.12M	USD	3 Qtrs
Reserve for losses and LAE	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$7.97M	USD	3 Qtrs
Unearned premium reserve	`IncreaseDecreaseInUnearnedPremiums`	$18.95M	USD	3 Qtrs
Unearned premium reserve	`IncreaseDecreaseInUnearnedPremiums`	$35.04M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.21M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-1.66M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$159.19M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$198.83M	USD	3 Qtrs
Net change in short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$-89.09M	USD	3 Qtrs
Net change in short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$64.49M	USD	3 Qtrs
Purchase of investments available for sale	`PaymentsToAcquireAvailableForSaleSecurities`	$451.22M	USD	3 Qtrs
Purchase of investments available for sale	`PaymentsToAcquireAvailableForSaleSecurities`	$587.88M	USD	3 Qtrs
Proceeds from maturity of investments available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$21.87M	USD	3 Qtrs
Proceeds from maturity of investments available for sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$7.53M	USD	3 Qtrs
Proceeds from sales of investments available for sale	`ProceedsFromSaleOfAvailableForSaleSecurities`	$332.85M	USD	3 Qtrs
Proceeds from sales of investments available for sale	`ProceedsFromSaleOfAvailableForSaleSecurities`	$244.43M	USD	3 Qtrs
Purchase of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.23M	USD	3 Qtrs
Purchase of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.36M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-251.77M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-161.64M	USD	3 Qtrs
Revolving credit facility borrowings	`ProceedsFromLongTermLinesOfCredit`	$50.00M	USD	3 Qtrs
Revolving credit facility borrowings	`ProceedsFromLongTermLinesOfCredit`	-	USD	3 Qtrs
Treasury stock acquired	`PaymentsForRepurchaseOfCommonStock`	$5.13M	USD	3 Qtrs
Treasury stock acquired	`PaymentsForRepurchaseOfCommonStock`	$3.96M	USD	3 Qtrs
Payment of issuance costs for revolving credit facility	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Payment of issuance costs for revolving credit facility	`PaymentsOfDebtIssuanceCosts`	$2.42M	USD	3 Qtrs
Excess tax benefits from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$2.39M	USD	3 Qtrs
Excess tax benefits from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.06M	USD	3 Qtrs
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	$537.00K	USD	3 Qtrs
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$52.00K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.23M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$44.67M	USD	3 Qtrs
Net decrease in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-8.27M	USD	3 Qtrs
Net decrease in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-5.69M	USD	3 Qtrs
Cash at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$24.41M	USD	Point-in-time
Cash at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$16.34M	USD	Point-in-time
Cash at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$24.61M	USD	Point-in-time
Cash at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$18.72M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$24.41M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$16.34M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$24.61M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$18.72M	USD	Point-in-time
Income tax payments	`IncomeTaxesPaidNet`	$-22.80M	USD	3 Qtrs
Income tax payments	`IncomeTaxesPaidNet`	$-8.50M	USD	3 Qtrs

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Stockholders equity, beginning of period	`StockholdersEquity`	$1.31B	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`	$157.33M	USD	Annual
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$40.82M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$112.85M	USD	3 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$159.92M	USD	3 Qtrs
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$59.71M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$380.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$22.05M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.77M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.01M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$4.26M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.63M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.90M	USD	3 Qtrs
Excess tax benefits from stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$2.42M	USD	Annual
Excess tax benefits from stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$1.06M	USD	3 Qtrs
Treasury stock acquired	`TreasuryStockValueAcquiredCostMethod`	$3.96M	USD	3 Qtrs
Treasury stock acquired	`TreasuryStockValueAcquiredCostMethod`	$5.17M	USD	Annual
Other equity transactions	`AdjustmentsToAdditionalPaidInCapitalOther`	$53.00K	USD	Annual
Stockholders equity, end of period	`StockholdersEquity`	$1.31B	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`	$9.87M	USD	3 Qtrs
Change in unrealized appreciation (depreciation) of investments, tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$121.00K	USD	3 Qtrs
Change in unrealized appreciation (depreciation) of investments, tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$-897.00K	USD	1 Quarter
Change in unrealized appreciation (depreciation) of investments, tax expense (benefit)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$2.01M	USD	1 Quarter

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