10-Q Filing

MGIC INVESTMENT CORP CIK: 876437 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0000876437-20-000031`
Period End Date	20200630
Filing Date	20200804
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	mtg-063020x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 88 Cash Flow Statement 64 Stockholders Equity 14 Comprehensive Income 20

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Fixed maturities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$5.56B	USD	Point-in-time
Fixed maturities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$5.60B	USD	Point-in-time
Cost	`EquitySecuritiesFvNiCost`	$17.47M	USD	Point-in-time
Cost	`EquitySecuritiesFvNiCost`	$17.19M	USD	Point-in-time
Fixed income, available-for-sale, at fair value (amortized cost 2020 - $5,597,554; 2019 - $5,562,550)	`AvailableForSaleSecuritiesDebtSecurities`	$5.74B	USD	Point-in-time
Fixed income, available-for-sale, at fair value (amortized cost 2020 - $5,597,554; 2019 - $5,562,550)	`AvailableForSaleSecuritiesDebtSecurities`	$5.86B	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 2020 - $17,467; 2019 - $17,188)	`EquitySecuritiesFvNi`	$17.33M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Equity securities, at fair value (cost 2020 - $17,467; 2019 - $17,188)	`EquitySecuritiesFvNi`	$17.95M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	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`	371.35M	shares	Point-in-time
Other invested assets, at cost	`OtherInvestments`	$3.10M	USD	Point-in-time
Total investment portfolio	`Investments`	$5.76B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	347.31M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	338.57M	shares	Point-in-time
Total investment portfolio	`Investments`	$5.88B	USD	Point-in-time
Treasury stock, shares at cost (in shares)	`TreasuryStockShares`	32.79M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$366.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$161.85M	USD	Point-in-time
Treasury stock, shares at cost (in shares)	`TreasuryStockShares`	24.05M	shares	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$7.21M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$4.68M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$46.79M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$49.70M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$63.44M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$33.33M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$18.40M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$21.64M	USD	Point-in-time
Reinsurance recoverable on paid losses	`ReinsuranceRecoverablesOnPaidLosses`	$1.52M	USD	Point-in-time
Reinsurance recoverable on paid losses	`ReinsuranceRecoverablesOnPaidLosses`	$1.35M	USD	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$55.59M	USD	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$54.03M	USD	Point-in-time
Home office and equipment, net	`PropertyPlantAndEquipmentNet`	$50.12M	USD	Point-in-time
Home office and equipment, net	`PropertyPlantAndEquipmentNet`	$47.74M	USD	Point-in-time
Deferred insurance policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$18.53M	USD	Point-in-time
Deferred insurance policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$20.64M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxAssetsNet`	$5.74M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxAssetsNet`	-	USD	Point-in-time
Other assets	`OtherAssets`	$85.88M	USD	Point-in-time
Other assets	`OtherAssets`	$99.35M	USD	Point-in-time
Total assets	`Assets`	$6.57B	USD	Point-in-time
Total assets	`Assets`	$6.23B	USD	Point-in-time
Loss reserves	`LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability`	$797.40M	USD	Point-in-time
Loss reserves	`LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability`	$555.33M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$380.30M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$343.23M	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`	$420.87M	USD	Point-in-time
Senior notes	`SeniorNotes`	$421.44M	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`	$217.29M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$151.96M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.92B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.19B	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 2020 - 371,353; 2019 - 371,353; shares outstanding 2020 - 338,567; 2019 - 347,308)	`CommonStockValue`	$371.35M	USD	Point-in-time
Common stock (one dollar par value, shares authorized 1,000,000; shares issued 2020 - 371,353; 2019 - 371,353; shares outstanding 2020 - 338,567; 2019 - 347,308)	`CommonStockValue`	$371.35M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.86B	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.87B	USD	Point-in-time
Treasury stock at cost (shares 2020 - 32,786; 2019 - 24,045)	`TreasuryStockValue`	$393.43M	USD	Point-in-time
Treasury stock at cost (shares 2020 - 32,786; 2019 - 24,045)	`TreasuryStockValue`	$283.20M	USD	Point-in-time
Accumulated other comprehensive income, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$72.71M	USD	Point-in-time
Accumulated other comprehensive income, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$145.41M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.40B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.28B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$4.04B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$4.38B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$4.31B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$6.23B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$6.57B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Direct	`DirectPremiumsWritten`	$283.22M	USD	1 Quarter
Direct	`DirectPremiumsWritten`	$557.95M	USD	2 Qtrs
Direct	`DirectPremiumsWritten`	$557.09M	USD	2 Qtrs
Direct	`DirectPremiumsWritten`	$283.19M	USD	1 Quarter
Assumed	`AssumedPremiumsWritten`	$2.61M	USD	2 Qtrs
Assumed	`AssumedPremiumsWritten`	$6.76M	USD	2 Qtrs
Assumed	`AssumedPremiumsWritten`	$1.50M	USD	1 Quarter
Assumed	`AssumedPremiumsWritten`	$3.90M	USD	1 Quarter
Ceded	`CededPremiumsWritten`	$97.31M	USD	2 Qtrs
Ceded	`CededPremiumsWritten`	$65.74M	USD	1 Quarter
Ceded	`CededPremiumsWritten`	$41.10M	USD	1 Quarter
Ceded	`CededPremiumsWritten`	$71.82M	USD	2 Qtrs
Net premiums written	`PremiumsWrittenNet`	$487.88M	USD	2 Qtrs
Net premiums written	`PremiumsWrittenNet`	$221.38M	USD	1 Quarter
Net premiums written	`PremiumsWrittenNet`	$243.60M	USD	1 Quarter
Net premiums written	`PremiumsWrittenNet`	$467.39M	USD	2 Qtrs
Decrease in unearned premiums, net	`IncreaseDecreaseInUnearnedPremiumsNet`	$22.18M	USD	1 Quarter
Decrease in unearned premiums, net	`IncreaseDecreaseInUnearnedPremiumsNet`	$3.50M	USD	1 Quarter
Decrease in unearned premiums, net	`IncreaseDecreaseInUnearnedPremiumsNet`	$8.98M	USD	2 Qtrs
Decrease in unearned premiums, net	`IncreaseDecreaseInUnearnedPremiumsNet`	$37.07M	USD	2 Qtrs
Net premiums earned	`PremiumsEarnedNetPropertyAndCasualty`	$243.56M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNetPropertyAndCasualty`	$504.46M	USD	2 Qtrs
Net premiums earned	`PremiumsEarnedNetPropertyAndCasualty`	$496.86M	USD	2 Qtrs
Net premiums earned	`PremiumsEarnedNetPropertyAndCasualty`	$247.10M	USD	1 Quarter
Investment income, net of expenses	`NetInvestmentIncome`	$39.68M	USD	1 Quarter
Investment income, net of expenses	`NetInvestmentIncome`	$83.01M	USD	2 Qtrs
Investment income, net of expenses	`NetInvestmentIncome`	$81.03M	USD	2 Qtrs
Investment income, net of expenses	`NetInvestmentIncome`	$42.42M	USD	1 Quarter
Net realized investment gains (losses)	`GainLossOnInvestments`	$8.59M	USD	2 Qtrs
Net realized investment gains (losses)	`GainLossOnInvestments`	$307.00K	USD	1 Quarter
Net realized investment gains (losses)	`GainLossOnInvestments`	$6.70M	USD	1 Quarter
Net realized investment gains (losses)	`GainLossOnInvestments`	$-219.00K	USD	2 Qtrs
Other revenue	`OtherIncome`	$4.32M	USD	2 Qtrs
Other revenue	`OtherIncome`	$4.03M	USD	1 Quarter
Other revenue	`OtherIncome`	$2.48M	USD	1 Quarter
Other revenue	`OtherIncome`	$6.78M	USD	2 Qtrs
Total revenues	`Revenues`	$600.86M	USD	2 Qtrs
Total revenues	`Revenues`	$583.97M	USD	2 Qtrs
Total revenues	`Revenues`	$292.32M	USD	1 Quarter
Total revenues	`Revenues`	$293.97M	USD	1 Quarter
Losses incurred, net	`IncurredClaimsPropertyCasualtyAndLiability`	$21.84M	USD	1 Quarter
Losses incurred, net	`IncurredClaimsPropertyCasualtyAndLiability`	$217.37M	USD	1 Quarter
Losses incurred, net	`IncurredClaimsPropertyCasualtyAndLiability`	$278.33M	USD	2 Qtrs
Losses incurred, net	`IncurredClaimsPropertyCasualtyAndLiability`	$60.90M	USD	2 Qtrs
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$2.76M	USD	1 Quarter
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$5.42M	USD	2 Qtrs
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$2.91M	USD	1 Quarter
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$5.24M	USD	2 Qtrs
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$42.96M	USD	1 Quarter
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$88.90M	USD	2 Qtrs
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$44.27M	USD	1 Quarter
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$86.53M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$25.86M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$13.55M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$26.78M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$12.93M	USD	1 Quarter
Total losses and expenses	`BenefitsLossesAndExpenses`	$396.14M	USD	2 Qtrs
Total losses and expenses	`BenefitsLossesAndExpenses`	$181.82M	USD	2 Qtrs
Total losses and expenses	`BenefitsLossesAndExpenses`	$81.11M	USD	1 Quarter
Total losses and expenses	`BenefitsLossesAndExpenses`	$277.49M	USD	1 Quarter
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$16.48M	USD	1 Quarter
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$211.21M	USD	1 Quarter
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$204.72M	USD	2 Qtrs
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$402.15M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$43.43M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$82.43M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$40.87M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$167.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$319.72M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$163.85M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.47	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.48	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.90	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.48	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.87	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.46	USD	1 Quarter
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	338.59M	shares	1 Quarter
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	355.73M	shares	1 Quarter
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	341.32M	shares	2 Qtrs
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	355.69M	shares	2 Qtrs
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	339.66M	shares	1 Quarter
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	376.60M	shares	1 Quarter
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	362.00M	shares	2 Qtrs
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	376.63M	shares	2 Qtrs

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$167.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$319.72M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$163.85M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$23.46M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$25.46M	USD	2 Qtrs
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$14.83M	USD	2 Qtrs
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$7.04M	USD	2 Qtrs
Net realized investment (gains) losses	`GainLossOnInvestments`	$8.59M	USD	2 Qtrs
Net realized investment (gains) losses	`GainLossOnInvestments`	$307.00K	USD	1 Quarter
Net realized investment (gains) losses	`GainLossOnInvestments`	$6.70M	USD	1 Quarter
Net realized investment (gains) losses	`GainLossOnInvestments`	$-219.00K	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$271.00K	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$-2.92M	USD	2 Qtrs
Reinsurance recoverable on loss reserves	`IncreaseDecreaseInReinsuranceRecoverable`	$-14.93M	USD	2 Qtrs
Reinsurance recoverable on loss reserves	`IncreaseDecreaseInReinsuranceRecoverable`	$41.80M	USD	2 Qtrs
Reinsurance recoverable on paid losses	`IncreaseDecreaseInReinsuranceRecoverableOnPaidLosses`	$170.00K	USD	2 Qtrs
Reinsurance recoverable on paid losses	`IncreaseDecreaseInReinsuranceRecoverableOnPaidLosses`	$-13.96M	USD	2 Qtrs
Premium receivable	`IncreaseDecreaseInPremiumsReceivable`	$2.40M	USD	2 Qtrs
Premium receivable	`IncreaseDecreaseInPremiumsReceivable`	$-1.56M	USD	2 Qtrs
Deferred insurance policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$2.11M	USD	2 Qtrs
Deferred insurance policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$-219.00K	USD	2 Qtrs
Profit commission receivable	`IncreaseDecreaseInProfitCommissionReceivable`	$976.00K	USD	2 Qtrs
Profit commission receivable	`IncreaseDecreaseInProfitCommissionReceivable`	$-32.33M	USD	2 Qtrs
Loss reserves	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$-52.12M	USD	2 Qtrs
Loss reserves	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$242.06M	USD	2 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-8.99M	USD	2 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-37.07M	USD	2 Qtrs
Return premium accrual	`IncreaseDecreaseInOtherInsuranceLiabilities`	$-1.90M	USD	2 Qtrs
Return premium accrual	`IncreaseDecreaseInOtherInsuranceLiabilities`	$-7.30M	USD	2 Qtrs
Current income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-2.30M	USD	2 Qtrs
Current income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$26.37M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-4.33M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-2.05M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$281.61M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$420.12M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$992.72M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$677.39M	USD	2 Qtrs
Proceeds from sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$476.64M	USD	2 Qtrs
Proceeds from sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$183.62M	USD	2 Qtrs
Proceeds from maturity of fixed income securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$327.82M	USD	2 Qtrs
Proceeds from maturity of fixed income securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$469.56M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.28M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$942.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-47.47M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-169.23M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$120.00M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$36.58M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	-	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$41.43M	USD	2 Qtrs
Payment of withholding taxes related to share-based compensation net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.90M	USD	2 Qtrs
Payment of withholding taxes related to share-based compensation net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.65M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-42.23M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-170.32M	USD	2 Qtrs
Net increase in cash and cash equivalents and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$202.34M	USD	2 Qtrs
Net increase in cash and cash equivalents and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$70.14M	USD	2 Qtrs
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$225.18M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$155.04M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$169.06M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$371.39M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$225.18M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$155.04M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$169.06M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$371.39M	USD	Point-in-time

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquity`	$4.04B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$4.38B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$4.31B	USD	Point-in-time
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$72.70M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$155.02M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$144.19M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$72.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$167.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$319.72M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$163.85M	USD	2 Qtrs
Balance, end of period	`StockholdersEquity`	$4.04B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$4.38B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$4.31B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$167.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$319.72M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$163.85M	USD	2 Qtrs
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$143.18M	USD	1 Quarter
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$70.75M	USD	1 Quarter
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$70.60M	USD	2 Qtrs
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$151.82M	USD	2 Qtrs
Benefit plan adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-1.55M	USD	1 Quarter
Benefit plan adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-2.11M	USD	2 Qtrs
Benefit plan adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-1.01M	USD	1 Quarter
Benefit plan adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-3.20M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$72.70M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$155.02M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$144.19M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$72.30M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$240.08M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$236.56M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$474.74M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$158.24M	USD	1 Quarter

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