10-Q Filing

MGIC INVESTMENT CORP CIK: 876437 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0000876437-18-000057`
Period End Date	20180930
Filing Date	20181107
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	mtg-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 92 Cash Flow Statement 78 Stockholders Equity 14 Comprehensive Income 24

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Fixed maturities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$5.04B	USD	Point-in-time
Fixed maturities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$4.95B	USD	Point-in-time
Equity securities, cost	`EquitySecuritiesFvNiCost`	$4.13M	USD	Point-in-time
Fixed income, available for sale, at fair value (amortized cost, 2018 - $5,042,011; 2017 - $4,946,278)	`AvailableForSaleSecuritiesDebtSecurities`	$4.98B	USD	Point-in-time
Fixed income, available for sale, at fair value (amortized cost, 2018 - $5,042,011; 2017 - $4,946,278)	`AvailableForSaleSecuritiesDebtSecurities`	$4.97B	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
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Equity securities, at fair value (cost, 2018 - $4,134; 2017 - $7,223)	`EquitySecuritiesFvNi`	$7.72M	USD	Point-in-time
Equity securities, at fair value (cost, 2018 - $4,134; 2017 - $7,223)	`AvailableForSaleSecuritiesEquitySecurities`	$7.25M	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
Other invested assets, at cost	`OtherInvestments`	-	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	371.35M	shares	Point-in-time
Other invested assets, at cost	`OtherInvestments`	$3.10M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	370.57M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	370.57M	shares	Point-in-time
Total investment portfolio	`Investments`	$4.98B	USD	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`	$99.85M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$250.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$267.00M	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
Treasury stock, shares at cost (in shares)	`TreasuryStockShares`	9.20M	shares	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$46.06M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$45.37M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$48.47M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$50.49M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$45.88M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$33.28M	USD	Point-in-time
Reinsurance recoverable on paid losses	`ReinsuranceRecoverablesOnPaidLosses`	$3.11M	USD	Point-in-time
Reinsurance recoverable on paid losses	`ReinsuranceRecoverablesOnPaidLosses`	$3.87M	USD	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$51.64M	USD	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$54.05M	USD	Point-in-time
Home office and equipment, net	`PropertyPlantAndEquipmentNet`	$44.94M	USD	Point-in-time
Home office and equipment, net	`PropertyPlantAndEquipmentNet`	$50.05M	USD	Point-in-time
Deferred insurance policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$18.66M	USD	Point-in-time
Deferred insurance policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$18.84M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxAssetsNet`	$234.38M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxAssetsNet`	$111.61M	USD	Point-in-time
Other assets	`OtherAssets`	$95.95M	USD	Point-in-time
Other assets	`OtherAssets`	$78.48M	USD	Point-in-time
Total assets	`Assets`	$5.62B	USD	Point-in-time
Total assets	`Assets`	$5.66B	USD	Point-in-time
Loss reserves	`LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability`	$985.63M	USD	Point-in-time
Loss reserves	`LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability`	$721.05M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$392.93M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$407.61M	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`	$419.43M	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`	$207.62M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.46B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.17B	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 - 371,353; 2017 - 370,567; shares outstanding 2018 - 362,155; 2017 - 370,567)	`CommonStockValue`	$371.35M	USD	Point-in-time
Common stock (one dollar par value, shares authorized 1,000,000; shares issued 2018 - 371,353; 2017 - 370,567; shares outstanding 2018 - 362,155; 2017 - 370,567)	`CommonStockValue`	$370.57M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.86B	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.85B	USD	Point-in-time
Treasury stock at cost (shares 2018 - 9,198)	`TreasuryStockValue`	-	USD	Point-in-time
Treasury stock at cost (shares 2018 - 9,198)	`TreasuryStockValue`	$100.06M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-43.78M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-128.93M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.49B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$977.16M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.49B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.13B	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`	$5.66B	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Direct	`DirectPremiumsWritten`	$828.99M	USD	3 Qtrs
Direct	`DirectPremiumsWritten`	$287.92M	USD	1 Quarter
Direct	`DirectPremiumsWritten`	$824.99M	USD	3 Qtrs
Direct	`DirectPremiumsWritten`	$280.23M	USD	1 Quarter
Assumed	`AssumedPremiumsWritten`	$-3.02M	USD	1 Quarter
Assumed	`AssumedPremiumsWritten`	$-91.00K	USD	1 Quarter
Assumed	`AssumedPremiumsWritten`	$-843.00K	USD	3 Qtrs
Assumed	`AssumedPremiumsWritten`	$1.88M	USD	3 Qtrs
Ceded	`CededPremiumsWritten`	$31.93M	USD	1 Quarter
Ceded	`CededPremiumsWritten`	$79.92M	USD	3 Qtrs
Ceded	`CededPremiumsWritten`	$25.33M	USD	1 Quarter
Ceded	`CededPremiumsWritten`	$92.44M	USD	3 Qtrs
Net premiums written	`PremiumsWrittenNet`	$255.90M	USD	1 Quarter
Net premiums written	`PremiumsWrittenNet`	$251.88M	USD	1 Quarter
Net premiums written	`PremiumsWrittenNet`	$738.43M	USD	3 Qtrs
Net premiums written	`PremiumsWrittenNet`	$744.23M	USD	3 Qtrs
Increase in unearned premiums, net	`IncreaseDecreaseInUnearnedPremiumsNet`	$-18.81M	USD	1 Quarter
Increase in unearned premiums, net	`IncreaseDecreaseInUnearnedPremiumsNet`	$-14.73M	USD	3 Qtrs
Increase in unearned premiums, net	`IncreaseDecreaseInUnearnedPremiumsNet`	$-1.46M	USD	1 Quarter
Increase in unearned premiums, net	`IncreaseDecreaseInUnearnedPremiumsNet`	$-41.11M	USD	3 Qtrs
Net premiums earned	`PremiumsEarnedNetPropertyAndCasualty`	$697.32M	USD	3 Qtrs
Net premiums earned	`PremiumsEarnedNetPropertyAndCasualty`	$729.50M	USD	3 Qtrs
Net premiums earned	`PremiumsEarnedNetPropertyAndCasualty`	$237.08M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNetPropertyAndCasualty`	$250.43M	USD	1 Quarter
Investment income, net of expenses	`NetInvestmentIncome`	$89.59M	USD	3 Qtrs
Investment income, net of expenses	`NetInvestmentIncome`	$36.38M	USD	1 Quarter
Investment income, net of expenses	`NetInvestmentIncome`	$103.00M	USD	3 Qtrs
Investment income, net of expenses	`NetInvestmentIncome`	$30.40M	USD	1 Quarter
Net realized investment gains (losses)	`GainLossOnInvestments`	$1.11M	USD	1 Quarter
Net realized investment gains (losses)	`GainLossOnInvestments`	$-1.11M	USD	3 Qtrs
Net realized investment gains (losses)	`GainLossOnInvestments`	$-227.00K	USD	3 Qtrs
Net realized investment gains (losses)	`GainLossOnInvestments`	$-50.00K	USD	1 Quarter
Other revenue	`OtherIncome`	$2.92M	USD	1 Quarter
Other revenue	`OtherIncome`	$2.52M	USD	1 Quarter
Other revenue	`OtherIncome`	$7.86M	USD	3 Qtrs
Other revenue	`OtherIncome`	$6.83M	USD	3 Qtrs
Total revenues	`Revenues`	$838.22M	USD	3 Qtrs
Total revenues	`Revenues`	$794.55M	USD	3 Qtrs
Total revenues	`Revenues`	$290.44M	USD	1 Quarter
Total revenues	`Revenues`	$270.36M	USD	1 Quarter
Losses incurred, net	`IncurredClaimsPropertyCasualtyAndLiability`	$-1.52M	USD	1 Quarter
Losses incurred, net	`IncurredClaimsPropertyCasualtyAndLiability`	$84.70M	USD	3 Qtrs
Losses incurred, net	`IncurredClaimsPropertyCasualtyAndLiability`	$29.75M	USD	1 Quarter
Losses incurred, net	`IncurredClaimsPropertyCasualtyAndLiability`	$8.88M	USD	3 Qtrs
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$2.98M	USD	1 Quarter
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$7.80M	USD	3 Qtrs
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$8.57M	USD	3 Qtrs
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$3.16M	USD	1 Quarter
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$131.59M	USD	3 Qtrs
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$39.89M	USD	1 Quarter
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$119.16M	USD	3 Qtrs
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$43.66M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$39.74M	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$43.78M	USD	3 Qtrs
Interest expense	`InterestExpenseDebt`	$13.27M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$13.26M	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-65.00K	USD	3 Qtrs
Total losses and expenses	`BenefitsLossesAndExpenses`	$85.89M	USD	1 Quarter
Total losses and expenses	`BenefitsLossesAndExpenses`	$255.51M	USD	3 Qtrs
Total losses and expenses	`BenefitsLossesAndExpenses`	$188.77M	USD	3 Qtrs
Total losses and expenses	`BenefitsLossesAndExpenses`	$58.55M	USD	1 Quarter
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$231.89M	USD	1 Quarter
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$649.44M	USD	3 Qtrs
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$184.47M	USD	1 Quarter
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$539.04M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$49.99M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$64.44M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$210.59M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$137.09M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$120.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$512.35M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$181.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$328.45M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.91	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.50	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.32	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.40	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.86	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.32	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.36	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.49	USD	1 Quarter
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	362.18M	shares	1 Quarter
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	370.59M	shares	1 Quarter
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	367.19M	shares	3 Qtrs
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	359.61M	shares	3 Qtrs
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	395.87M	shares	3 Qtrs
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	387.76M	shares	3 Qtrs
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	382.90M	shares	1 Quarter
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	391.09M	shares	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$120.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$512.35M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$181.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$328.45M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$48.88M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$45.27M	USD	3 Qtrs
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$145.40M	USD	3 Qtrs
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$165.25M	USD	3 Qtrs
Net realized investment losses	`GainLossOnInvestments`	$1.11M	USD	1 Quarter
Net realized investment losses	`GainLossOnInvestments`	$-1.11M	USD	3 Qtrs
Net realized investment losses	`GainLossOnInvestments`	$-227.00K	USD	3 Qtrs
Net realized investment losses	`GainLossOnInvestments`	$-50.00K	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-65.00K	USD	3 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$-694.00K	USD	3 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$-1.15M	USD	3 Qtrs
Reinsurance recoverable on loss reserves	`IncreaseDecreaseInReinsuranceRecoverable`	$-15.19M	USD	3 Qtrs
Reinsurance recoverable on loss reserves	`IncreaseDecreaseInReinsuranceRecoverable`	$-4.62M	USD	3 Qtrs
Reinsurance recoverable on paid losses	`IncreaseDecreaseInReinsuranceRecoverableOnPaidLosses`	$761.00K	USD	3 Qtrs
Reinsurance recoverable on paid losses	`IncreaseDecreaseInReinsuranceRecoverableOnPaidLosses`	$326.00K	USD	3 Qtrs
Premium receivable	`IncreaseDecreaseInPremiumsReceivable`	$-2.40M	USD	3 Qtrs
Premium receivable	`IncreaseDecreaseInPremiumsReceivable`	$1.55M	USD	3 Qtrs
Deferred insurance policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$-176.00K	USD	3 Qtrs
Deferred insurance policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$1.26M	USD	3 Qtrs
Profit commission receivable	`IncreaseDecreaseInProfitCommissionReceivable`	$9.10M	USD	3 Qtrs
Profit commission receivable	`IncreaseDecreaseInProfitCommissionReceivable`	$3.90M	USD	3 Qtrs
Loss reserves	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$-333.66M	USD	3 Qtrs
Loss reserves	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$-264.59M	USD	3 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$41.08M	USD	3 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$14.68M	USD	3 Qtrs
Return premium accrual	`IncreaseDecreaseInOtherInsuranceLiabilities`	$-18.60M	USD	3 Qtrs
Return premium accrual	`IncreaseDecreaseInOtherInsuranceLiabilities`	$-18.00M	USD	3 Qtrs
Current income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$34.97M	USD	3 Qtrs
Current income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-75.39M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$10.28M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-13.19M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$383.55M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$256.36M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$775.04M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$1.07B	USD	3 Qtrs
Proceeds from sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$338.94M	USD	3 Qtrs
Proceeds from sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$233.20M	USD	3 Qtrs
Proceeds from maturity of fixed income securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$547.70M	USD	3 Qtrs
Proceeds from maturity of fixed income securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$594.68M	USD	3 Qtrs
Net increase in payable for securities	`IncreaseDecreaseInBrokerDealerRelatedReceivablesPayablesNet`	$-3.74M	USD	3 Qtrs
Net increase in payable for securities	`IncreaseDecreaseInBrokerDealerRelatedReceivablesPayablesNet`	$-43.68M	USD	3 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.12M	USD	3 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.66M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-108.21M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.53M	USD	3 Qtrs
Proceeds from revolving credit facility	`ProceedsFromLinesOfCredit`	$150.00M	USD	3 Qtrs
Proceeds from revolving credit facility	`ProceedsFromLinesOfCredit`	-	USD	3 Qtrs
Repayment of revolving credit facility	`RepaymentsOfLinesOfCredit`	$150.00M	USD	3 Qtrs
Repayment of revolving credit facility	`RepaymentsOfLinesOfCredit`	-	USD	3 Qtrs
Purchase or repayment of convertible senior notes	`RepaymentsOfConvertibleDebt`	$145.62M	USD	3 Qtrs
Purchase or repayment of convertible senior notes	`RepaymentsOfConvertibleDebt`	-	USD	3 Qtrs
Payment of original issue discount - convertible senior notes	`PaymentOfOriginalIssueDiscountConvertibleSeniorNotes`	-	USD	3 Qtrs
Payment of original issue discount - convertible senior notes	`PaymentOfOriginalIssueDiscountConvertibleSeniorNotes`	$4.50M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$100.06M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.63M	USD	3 Qtrs
Payment of withholding taxes related to share-based compensation net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.13M	USD	3 Qtrs
Payment of withholding taxes related to share-based compensation net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.78M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-108.19M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-158.54M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$95.29M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$167.15M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$99.85M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$250.70M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$267.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$155.41M	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`	$250.70M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$267.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$155.41M	USD	Point-in-time

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquity`	$3.49B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$3.13B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$3.15B	USD	Point-in-time
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.64M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$49.00M	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-85.13M	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$11.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$120.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$512.35M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$181.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$328.45M	USD	3 Qtrs
Balance, end of period	`StockholdersEquity`	$3.49B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$3.13B	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`	$120.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$512.35M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$181.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$328.45M	USD	3 Qtrs
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$49.41M	USD	3 Qtrs
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-12.08M	USD	1 Quarter
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$11.54M	USD	1 Quarter
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-86.45M	USD	3 Qtrs
Benefit plan adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$147.00K	USD	1 Quarter
Benefit plan adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-440.00K	USD	1 Quarter
Benefit plan adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$442.00K	USD	3 Qtrs
Benefit plan adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-1.32M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$31.00K	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.64M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$49.00M	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-85.13M	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$11.40M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$170.26M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$427.22M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$377.45M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$131.42M	USD	1 Quarter

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