10-Q Filing

MGIC INVESTMENT CORP CIK: 876437 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0000876437-18-000043`
Period End Date	20180630
Filing Date	20180803
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	mtg-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 92 Cash Flow Statement 76 Stockholders Equity 14 Comprehensive Income 24

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Fixed maturities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$4.98B	USD	Point-in-time
Fixed maturities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$4.95B	USD	Point-in-time
Equity securities, cost	`EquitySecuritiesFvNiCost`	$4.11M	USD	Point-in-time
Fixed income, available for sale, at fair value (amortized cost, 2018 - $4,983,355; 2017 - $4,946,278)	`AvailableForSaleSecuritiesDebtSecurities`	$4.93B	USD	Point-in-time
Fixed income, available for sale, at fair value (amortized cost, 2018 - $4,983,355; 2017 - $4,946,278)	`AvailableForSaleSecuritiesDebtSecurities`	$4.98B	USD	Point-in-time
Equity securities, cost	`AvailableForSaleEquitySecuritiesAmortizedCostBasis`	$7.22M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Equity securities, at fair value (cost, 2018 - $4,111; 2017 - $7,223)	`EquitySecuritiesFvNi`	$4.05M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Equity securities, at fair value (cost, 2018 - $4,111; 2017 - $7,223)	`AvailableForSaleSecuritiesEquitySecurities`	$7.25M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	371.35M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	370.57M	shares	Point-in-time
Other invested assets, at cost	`OtherInvestments`	-	USD	Point-in-time
Other invested assets, at cost	`OtherInvestments`	$3.10M	USD	Point-in-time
Total investment portfolio	`Investments`	$4.93B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	370.57M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	362.15M	shares	Point-in-time
Total investment portfolio	`Investments`	$4.99B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$191.89M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$99.85M	USD	Point-in-time
Treasury stock, shares at cost (in shares)	`TreasuryStockShares`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$155.41M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$127.91M	USD	Point-in-time
Treasury stock, shares at cost (in shares)	`TreasuryStockShares`	9.20M	shares	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$47.12M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$46.06M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$44.78M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$37.05M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$50.49M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$48.47M	USD	Point-in-time
Reinsurance recoverable on paid losses	`ReinsuranceRecoverablesOnPaidLosses`	$3.29M	USD	Point-in-time
Reinsurance recoverable on paid losses	`ReinsuranceRecoverablesOnPaidLosses`	$3.87M	USD	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$54.05M	USD	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$56.21M	USD	Point-in-time
Home office and equipment, net	`PropertyPlantAndEquipmentNet`	$44.94M	USD	Point-in-time
Home office and equipment, net	`PropertyPlantAndEquipmentNet`	$49.46M	USD	Point-in-time
Deferred insurance policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$18.84M	USD	Point-in-time
Deferred insurance policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$18.81M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxAssetsNet`	$234.38M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxAssetsNet`	$161.49M	USD	Point-in-time
Other assets	`OtherAssets`	$93.29M	USD	Point-in-time
Other assets	`OtherAssets`	$78.48M	USD	Point-in-time
Total assets	`Assets`	$5.59B	USD	Point-in-time
Total assets	`Assets`	$5.62B	USD	Point-in-time
Loss reserves	`LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability`	$985.63M	USD	Point-in-time
Loss reserves	`LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability`	$813.01M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$392.93M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$406.16M	USD	Point-in-time
Federal Home Loan Bank advance	`FederalHomeLoanBankAdvancesBranchOfFHLBBankAmountOfAdvancesByBranch`	$155.00M	USD	Point-in-time
Federal Home Loan Bank advance	`FederalHomeLoanBankAdvancesBranchOfFHLBBankAmountOfAdvancesByBranch`	$155.00M	USD	Point-in-time
Senior notes	`SeniorNotes`	$418.56M	USD	Point-in-time
Senior notes	`SeniorNotes`	$419.14M	USD	Point-in-time
Convertible junior subordinated debentures	`ConvertibleSubordinatedDebt`	$256.87M	USD	Point-in-time
Convertible junior subordinated debentures	`ConvertibleSubordinatedDebt`	$256.87M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$255.97M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$227.96M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.46B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.28B	USD	Point-in-time
Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock (one dollar par value, shares authorized 1,000,000; shares issued 2018 - 371,348; 2017 - 370,567; shares outstanding 2018 - 362,150; 2017 - 370,567)	`CommonStockValue`	$370.57M	USD	Point-in-time
Common stock (one dollar par value, shares authorized 1,000,000; shares issued 2018 - 371,348; 2017 - 370,567; shares outstanding 2018 - 362,150; 2017 - 370,567)	`CommonStockValue`	$371.35M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.85B	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.85B	USD	Point-in-time
Treasury stock at cost (shares 2018 - 9,198)	`TreasuryStockValue`	$100.06M	USD	Point-in-time
Treasury stock at cost (shares 2018 - 9,198)	`TreasuryStockValue`	-	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-117.29M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-43.78M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.31B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$977.16M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.31B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.00B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.15B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$5.62B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$5.59B	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Direct	`DirectPremiumsWritten`	$541.07M	USD	2 Qtrs
Direct	`DirectPremiumsWritten`	$275.25M	USD	1 Quarter
Direct	`DirectPremiumsWritten`	$274.73M	USD	1 Quarter
Direct	`DirectPremiumsWritten`	$544.76M	USD	2 Qtrs
Assumed	`AssumedPremiumsWritten`	$2.08M	USD	1 Quarter
Assumed	`AssumedPremiumsWritten`	$685.00K	USD	1 Quarter
Assumed	`AssumedPremiumsWritten`	$1.97M	USD	2 Qtrs
Assumed	`AssumedPremiumsWritten`	$2.18M	USD	2 Qtrs
Ceded	`CededPremiumsWritten`	$60.51M	USD	2 Qtrs
Ceded	`CededPremiumsWritten`	$54.59M	USD	2 Qtrs
Ceded	`CededPremiumsWritten`	$30.10M	USD	1 Quarter
Ceded	`CededPremiumsWritten`	$21.38M	USD	1 Quarter
Net premiums written	`PremiumsWrittenNet`	$492.34M	USD	2 Qtrs
Net premiums written	`PremiumsWrittenNet`	$255.44M	USD	1 Quarter
Net premiums written	`PremiumsWrittenNet`	$245.83M	USD	1 Quarter
Net premiums written	`PremiumsWrittenNet`	$482.54M	USD	2 Qtrs
Increase in unearned premiums, net	`IncreaseDecreaseInUnearnedPremiumsNet`	$-14.70M	USD	1 Quarter
Increase in unearned premiums, net	`IncreaseDecreaseInUnearnedPremiumsNet`	$-8.47M	USD	1 Quarter
Increase in unearned premiums, net	`IncreaseDecreaseInUnearnedPremiumsNet`	$-13.27M	USD	2 Qtrs
Increase in unearned premiums, net	`IncreaseDecreaseInUnearnedPremiumsNet`	$-22.30M	USD	2 Qtrs
Net premiums earned	`PremiumsEarnedNetPropertyAndCasualty`	$479.07M	USD	2 Qtrs
Net premiums earned	`PremiumsEarnedNetPropertyAndCasualty`	$231.14M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNetPropertyAndCasualty`	$460.24M	USD	2 Qtrs
Net premiums earned	`PremiumsEarnedNetPropertyAndCasualty`	$246.96M	USD	1 Quarter
Investment income, net of expenses	`NetInvestmentIncome`	$34.50M	USD	1 Quarter
Investment income, net of expenses	`NetInvestmentIncome`	$59.19M	USD	2 Qtrs
Investment income, net of expenses	`NetInvestmentIncome`	$29.72M	USD	1 Quarter
Investment income, net of expenses	`NetInvestmentIncome`	$66.62M	USD	2 Qtrs
Net realized investment losses	`GainLossOnInvestments`	$-1.90M	USD	1 Quarter
Net realized investment losses	`GainLossOnInvestments`	$-177.00K	USD	2 Qtrs
Net realized investment losses	`GainLossOnInvestments`	$-52.00K	USD	1 Quarter
Net realized investment losses	`GainLossOnInvestments`	$-2.23M	USD	2 Qtrs
Other revenue	`OtherIncome`	$4.30M	USD	2 Qtrs
Other revenue	`OtherIncome`	$2.43M	USD	1 Quarter
Other revenue	`OtherIncome`	$2.51M	USD	1 Quarter
Other revenue	`OtherIncome`	$4.94M	USD	2 Qtrs
Total revenues	`Revenues`	$524.19M	USD	2 Qtrs
Total revenues	`Revenues`	$547.77M	USD	2 Qtrs
Total revenues	`Revenues`	$263.31M	USD	1 Quarter
Total revenues	`Revenues`	$282.00M	USD	1 Quarter
Losses incurred, net	`IncurredClaimsPropertyCasualtyAndLiability`	$27.34M	USD	1 Quarter
Losses incurred, net	`IncurredClaimsPropertyCasualtyAndLiability`	$10.39M	USD	2 Qtrs
Losses incurred, net	`IncurredClaimsPropertyCasualtyAndLiability`	$-13.46M	USD	1 Quarter
Losses incurred, net	`IncurredClaimsPropertyCasualtyAndLiability`	$54.96M	USD	2 Qtrs
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$5.42M	USD	2 Qtrs
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$2.58M	USD	1 Quarter
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$2.85M	USD	1 Quarter
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$4.81M	USD	2 Qtrs
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$41.84M	USD	1 Quarter
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$79.28M	USD	2 Qtrs
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$38.51M	USD	1 Quarter
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$87.93M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$13.25M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$14.20M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$30.51M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$26.48M	USD	2 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-65.00K	USD	2 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-65.00K	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Total losses and expenses	`BenefitsLossesAndExpenses`	$44.48M	USD	1 Quarter
Total losses and expenses	`BenefitsLossesAndExpenses`	$82.70M	USD	1 Quarter
Total losses and expenses	`BenefitsLossesAndExpenses`	$130.22M	USD	2 Qtrs
Total losses and expenses	`BenefitsLossesAndExpenses`	$169.62M	USD	2 Qtrs
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$354.57M	USD	2 Qtrs
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$237.52M	USD	1 Quarter
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$180.62M	USD	1 Quarter
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$417.55M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$50.71M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$146.15M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$61.99M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$87.10M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$330.45M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$208.42M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$118.62M	USD	1 Quarter
Net income	`NetIncomeLoss`	$186.81M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.32	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.51	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.89	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.59	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.31	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.55	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.87	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.49	USD	1 Quarter
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	368.58M	shares	1 Quarter
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	354.04M	shares	2 Qtrs
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	366.92M	shares	1 Quarter
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	369.74M	shares	2 Qtrs
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	388.88M	shares	1 Quarter
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	390.24M	shares	2 Qtrs
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	398.30M	shares	2 Qtrs
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	394.47M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$330.45M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$208.42M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$118.62M	USD	1 Quarter
Net income	`NetIncomeLoss`	$186.81M	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$31.39M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$33.19M	USD	2 Qtrs
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$92.43M	USD	2 Qtrs
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$106.16M	USD	2 Qtrs
Net realized investment losses	`GainLossOnSaleOfSecuritiesNet`	$-177.00K	USD	2 Qtrs
Net realized investment losses	`GainLossOnSaleOfSecuritiesNet`	$-2.23M	USD	2 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-65.00K	USD	2 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-65.00K	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$1.06M	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$-43.00K	USD	2 Qtrs
Reinsurance recoverable on loss reserves	`IncreaseDecreaseInReinsuranceRecoverable`	$-11.42M	USD	2 Qtrs
Reinsurance recoverable on loss reserves	`IncreaseDecreaseInReinsuranceRecoverable`	$-5.71M	USD	2 Qtrs
Reinsurance recoverable on paid losses	`IncreaseDecreaseInReinsuranceRecoverableOnPaidLosses`	$577.00K	USD	2 Qtrs
Reinsurance recoverable on paid losses	`IncreaseDecreaseInReinsuranceRecoverableOnPaidLosses`	$-1.19M	USD	2 Qtrs
Premium receivable	`IncreaseDecreaseInPremiumsReceivable`	$-1.05M	USD	2 Qtrs
Premium receivable	`IncreaseDecreaseInPremiumsReceivable`	$2.17M	USD	2 Qtrs
Deferred insurance policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$-34.00K	USD	2 Qtrs
Deferred insurance policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$918.00K	USD	2 Qtrs
Profit commission receivable	`IncreaseDecreaseInProfitCommissionReceivable`	$11.20M	USD	2 Qtrs
Profit commission receivable	`IncreaseDecreaseInProfitCommissionReceivable`	$4.60M	USD	2 Qtrs
Loss reserves	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$-172.62M	USD	2 Qtrs
Loss reserves	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$-251.72M	USD	2 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$22.27M	USD	2 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$13.22M	USD	2 Qtrs
Return premium accrual	`IncreaseDecreaseInOtherInsuranceLiabilities`	$-11.90M	USD	2 Qtrs
Return premium accrual	`IncreaseDecreaseInOtherInsuranceLiabilities`	$-12.20M	USD	2 Qtrs
Income taxes payable - current	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$32.99M	USD	2 Qtrs
Income taxes payable - current	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-11.32M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$14.19M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$8.59M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$125.56M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$262.59M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$545.32M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$516.71M	USD	2 Qtrs
Proceeds from sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$25.18M	USD	2 Qtrs
Proceeds from sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$166.61M	USD	2 Qtrs
Proceeds from maturity of fixed income securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$423.93M	USD	2 Qtrs
Proceeds from maturity of fixed income securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$390.34M	USD	2 Qtrs
Net increase in payable for securities	`IncreaseDecreaseInBrokerDealerRelatedReceivablesPayablesNet`	$-13.43M	USD	2 Qtrs
Net increase in payable for securities	`IncreaseDecreaseInBrokerDealerRelatedReceivablesPayablesNet`	$-3.45M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.66M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.26M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$5.42M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-62.42M	USD	2 Qtrs
Proceeds from revolving credit facility	`ProceedsFromLinesOfCredit`	$150.00M	USD	2 Qtrs
Proceeds from revolving credit facility	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Repayment of revolving credit facility	`RepaymentsOfLinesOfCredit`	-	USD	2 Qtrs
Repayment of revolving credit facility	`RepaymentsOfLinesOfCredit`	$150.00M	USD	2 Qtrs
Purchase or repayment of convertible senior notes	`RepaymentsOfConvertibleDebt`	$145.62M	USD	2 Qtrs
Purchase or repayment of convertible senior notes	`RepaymentsOfConvertibleDebt`	-	USD	2 Qtrs
Payment of original issue discount - convertible senior notes	`PaymentOfOriginalIssueDiscountConvertibleSeniorNotes`	$4.50M	USD	2 Qtrs
Payment of original issue discount - convertible senior notes	`PaymentOfOriginalIssueDiscountConvertibleSeniorNotes`	-	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$100.06M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.63M	USD	2 Qtrs
Payment of withholding taxes related to share-based compensation net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.07M	USD	2 Qtrs
Payment of withholding taxes related to share-based compensation net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.72M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-108.13M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-158.48M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$92.04M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-27.50M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$191.89M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$99.85M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$155.41M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$127.91M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$191.89M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$99.85M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$155.41M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$127.91M	USD	Point-in-time

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquity`	$3.31B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$3.00B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$3.15B	USD	Point-in-time
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-73.49M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$25.61M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.53M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$37.61M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$330.45M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$208.42M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$118.62M	USD	1 Quarter
Net income	`NetIncomeLoss`	$186.81M	USD	1 Quarter
Balance, end of period	`StockholdersEquity`	$3.31B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$3.00B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$3.15B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$330.45M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$208.42M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$118.62M	USD	1 Quarter
Net income	`NetIncomeLoss`	$186.81M	USD	1 Quarter
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-9.92M	USD	1 Quarter
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$37.87M	USD	2 Qtrs
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-74.38M	USD	2 Qtrs
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$25.75M	USD	1 Quarter
Benefit plan adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$295.00K	USD	2 Qtrs
Benefit plan adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-388.00K	USD	1 Quarter
Benefit plan adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$142.00K	USD	1 Quarter
Benefit plan adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-882.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$31.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-73.49M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$25.61M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.53M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$37.61M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$177.28M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$246.03M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$144.23M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$256.96M	USD	2 Qtrs

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