10-Q Filing

MGIC INVESTMENT CORP CIK: 876437 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0000876437-21-000024`
Period End Date	20210630
Filing Date	20210804
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	mtg-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 88 Cash Flow Statement 64 Stockholders Equity 15 Comprehensive Income 20

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Fixed maturities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$6.68B	USD	Point-in-time
Fixed maturities, amortized cost	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$6.32B	USD	Point-in-time
Cost	`EquitySecuritiesFvNiCost`	$17.52M	USD	Point-in-time
Cost	`EquitySecuritiesFvNiCost`	$14.96M	USD	Point-in-time
Fixed income, available-for-sale, at fair value (amortized cost 2021 - $6,682,052; 2020 - $6,317,164)	`AvailableForSaleSecuritiesDebtSecurities`	$6.96B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Fixed income, available-for-sale, at fair value (amortized cost 2021 - $6,682,052; 2020 - $6,317,164)	`AvailableForSaleSecuritiesDebtSecurities`	$6.66B	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
Equity securities, at fair value (cost 2021 - $14,964; 2020 - $17,522)	`EquitySecuritiesFvNi`	$18.21M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Equity securities, at fair value (cost 2021 - $14,964; 2020 - $17,522)	`EquitySecuritiesFvNi`	$15.45M	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`	371.35M	shares	Point-in-time
Other invested assets, at cost	`OtherInvestments`	$3.10M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	339.32M	shares	Point-in-time
Total investment portfolio	`Investments`	$6.98B	USD	Point-in-time
Total investment portfolio	`Investments`	$6.68B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	338.57M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$178.63M	USD	Point-in-time
Treasury stock, shares at cost (in shares)	`TreasuryStockShares`	32.78M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$287.95M	USD	Point-in-time
Treasury stock, shares at cost (in shares)	`TreasuryStockShares`	32.04M	shares	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$12.32M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$8.73M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$50.00M	USD	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$52.21M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$111.15M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$63.44M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$95.04M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$21.64M	USD	Point-in-time
Reinsurance recoverable on paid losses	`ReinsuranceRecoverablesOnPaidLosses`	$669.00K	USD	Point-in-time
Reinsurance recoverable on paid losses	`ReinsuranceRecoverablesOnPaidLosses`	$706.00K	USD	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$56.64M	USD	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$56.04M	USD	Point-in-time
Home office and equipment, net	`PropertyPlantAndEquipmentNet`	$47.14M	USD	Point-in-time
Home office and equipment, net	`PropertyPlantAndEquipmentNet`	$45.48M	USD	Point-in-time
Deferred insurance policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$22.63M	USD	Point-in-time
Deferred insurance policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$21.56M	USD	Point-in-time
Other assets	`OtherAssets`	$104.48M	USD	Point-in-time
Other assets	`OtherAssets`	$113.00M	USD	Point-in-time
Total assets	`Assets`	$7.35B	USD	Point-in-time
Total assets	`Assets`	$7.58B	USD	Point-in-time
Loss reserves	`LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability`	$936.24M	USD	Point-in-time
Loss reserves	`LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability`	$880.54M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$263.75M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$287.10M	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`	$880.44M	USD	Point-in-time
Senior notes	`SeniorNotes`	$879.38M	USD	Point-in-time
Convertible junior subordinated debentures	`ConvertibleSubordinatedDebt`	$208.81M	USD	Point-in-time
Convertible junior subordinated debentures	`ConvertibleSubordinatedDebt`	$208.81M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$244.71M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$216.78M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.66B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.66B	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 2021 - 371,353; 2020 - 371,353; shares outstanding 2021 - 339,316; 2020 - 338,573)	`CommonStockValue`	$371.35M	USD	Point-in-time
Common stock (one dollar par value, shares authorized 1,000,000; shares issued 2021 - 371,353; 2020 - 371,353; shares outstanding 2021 - 339,316; 2020 - 338,573)	`CommonStockValue`	$371.35M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.86B	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.79B	USD	Point-in-time
Treasury stock at cost (shares 2021 - 32,037; 2020 - 32,779)	`TreasuryStockValue`	$384.55M	USD	Point-in-time
Treasury stock at cost (shares 2021 - 32,037; 2020 - 32,779)	`TreasuryStockValue`	$393.33M	USD	Point-in-time
Accumulated other comprehensive income, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$169.28M	USD	Point-in-time
Accumulated other comprehensive income, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$216.82M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.64B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.97B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$4.70B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$4.91B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$4.38B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$7.58B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$7.35B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Direct	`DirectPremiumsWritten`	$566.53M	USD	2 Qtrs
Direct	`DirectPremiumsWritten`	$283.52M	USD	1 Quarter
Direct	`DirectPremiumsWritten`	$283.22M	USD	1 Quarter
Direct	`DirectPremiumsWritten`	$557.95M	USD	2 Qtrs
Assumed	`AssumedPremiumsWritten`	$6.76M	USD	2 Qtrs
Assumed	`AssumedPremiumsWritten`	$2.20M	USD	1 Quarter
Assumed	`AssumedPremiumsWritten`	$3.90M	USD	1 Quarter
Assumed	`AssumedPremiumsWritten`	$4.33M	USD	2 Qtrs
Ceded	`CededPremiumsWritten`	$97.31M	USD	2 Qtrs
Ceded	`CededPremiumsWritten`	$43.99M	USD	1 Quarter
Ceded	`CededPremiumsWritten`	$65.74M	USD	1 Quarter
Ceded	`CededPremiumsWritten`	$87.62M	USD	2 Qtrs
Net premiums written	`PremiumsWrittenNet`	$221.38M	USD	1 Quarter
Net premiums written	`PremiumsWrittenNet`	$483.24M	USD	2 Qtrs
Net premiums written	`PremiumsWrittenNet`	$241.74M	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`	$9.80M	USD	1 Quarter
Decrease in unearned premiums, net	`IncreaseDecreaseInUnearnedPremiumsNet`	$23.35M	USD	2 Qtrs
Decrease in unearned premiums, net	`IncreaseDecreaseInUnearnedPremiumsNet`	$37.07M	USD	2 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$243.56M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$504.46M	USD	2 Qtrs
Net premiums earned	`PremiumsEarnedNet`	$251.54M	USD	1 Quarter
Net premiums earned	`PremiumsEarnedNet`	$506.58M	USD	2 Qtrs
Investment income, net of expenses	`NetInvestmentIncome`	$39.68M	USD	1 Quarter
Investment income, net of expenses	`NetInvestmentIncome`	$41.13M	USD	1 Quarter
Investment income, net of expenses	`NetInvestmentIncome`	$79.02M	USD	2 Qtrs
Investment income, net of expenses	`NetInvestmentIncome`	$81.03M	USD	2 Qtrs
Net realized investment gains	`GainLossOnInvestments`	$8.59M	USD	2 Qtrs
Net realized investment gains	`GainLossOnInvestments`	$2.17M	USD	1 Quarter
Net realized investment gains	`GainLossOnInvestments`	$6.70M	USD	1 Quarter
Net realized investment gains	`GainLossOnInvestments`	$4.39M	USD	2 Qtrs
Other revenue	`OtherIncome`	$5.82M	USD	2 Qtrs
Other revenue	`OtherIncome`	$6.78M	USD	2 Qtrs
Other revenue	`OtherIncome`	$3.01M	USD	1 Quarter
Other revenue	`OtherIncome`	$4.03M	USD	1 Quarter
Total revenues	`Revenues`	$600.86M	USD	2 Qtrs
Total revenues	`Revenues`	$595.81M	USD	2 Qtrs
Total revenues	`Revenues`	$293.97M	USD	1 Quarter
Total revenues	`Revenues`	$297.85M	USD	1 Quarter
Losses incurred, net	`IncurredClaimsPropertyCasualtyAndLiability`	$278.33M	USD	2 Qtrs
Losses incurred, net	`IncurredClaimsPropertyCasualtyAndLiability`	$68.80M	USD	2 Qtrs
Losses incurred, net	`IncurredClaimsPropertyCasualtyAndLiability`	$217.37M	USD	1 Quarter
Losses incurred, net	`IncurredClaimsPropertyCasualtyAndLiability`	$29.16M	USD	1 Quarter
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$5.72M	USD	2 Qtrs
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$2.91M	USD	1 Quarter
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$3.02M	USD	1 Quarter
Amortization of deferred policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$5.42M	USD	2 Qtrs
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$53.80M	USD	1 Quarter
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$44.27M	USD	1 Quarter
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$101.82M	USD	2 Qtrs
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$86.53M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$18.00M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$12.93M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$35.98M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$25.86M	USD	2 Qtrs
Total losses and expenses	`BenefitsLossesAndExpenses`	$103.98M	USD	1 Quarter
Total losses and expenses	`BenefitsLossesAndExpenses`	$396.14M	USD	2 Qtrs
Total losses and expenses	`BenefitsLossesAndExpenses`	$277.49M	USD	1 Quarter
Total losses and expenses	`BenefitsLossesAndExpenses`	$212.32M	USD	2 Qtrs
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$383.49M	USD	2 Qtrs
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$193.87M	USD	1 Quarter
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$204.72M	USD	2 Qtrs
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$16.48M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$40.87M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$80.41M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.44M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$40.82M	USD	1 Quarter
Net income	`NetIncomeLoss`	$303.07M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$163.85M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$14.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$153.05M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.45	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.89	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.48	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.87	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.48	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.44	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	339.12M	shares	2 Qtrs
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	338.59M	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`	339.33M	shares	1 Quarter
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	356.54M	shares	1 Quarter
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	339.66M	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`	356.46M	shares	2 Qtrs

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$303.07M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$163.85M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$14.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$153.05M	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$32.47M	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`	$6.86M	USD	2 Qtrs
Net realized investment (gains) losses	`GainLossOnInvestments`	$8.59M	USD	2 Qtrs
Net realized investment (gains) losses	`GainLossOnInvestments`	$2.17M	USD	1 Quarter
Net realized investment (gains) losses	`GainLossOnInvestments`	$6.70M	USD	1 Quarter
Net realized investment (gains) losses	`GainLossOnInvestments`	$4.39M	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$2.22M	USD	2 Qtrs
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$-2.92M	USD	2 Qtrs
Reinsurance recoverable on loss reserves	`IncreaseDecreaseInReinsuranceRecoverable`	$16.11M	USD	2 Qtrs
Reinsurance recoverable on loss reserves	`IncreaseDecreaseInReinsuranceRecoverable`	$41.80M	USD	2 Qtrs
Reinsurance recoverable on paid losses	`IncreaseDecreaseInReinsuranceRecoverableOnPaidLosses`	$-37.00K	USD	2 Qtrs
Reinsurance recoverable on paid losses	`IncreaseDecreaseInReinsuranceRecoverableOnPaidLosses`	$170.00K	USD	2 Qtrs
Premium receivable	`IncreaseDecreaseInPremiumsReceivable`	$593.00K	USD	2 Qtrs
Premium receivable	`IncreaseDecreaseInPremiumsReceivable`	$-1.56M	USD	2 Qtrs
Deferred insurance policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$1.07M	USD	2 Qtrs
Deferred insurance policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$2.11M	USD	2 Qtrs
Profit commission receivable	`IncreaseDecreaseInProfitCommissionReceivable`	$-32.33M	USD	2 Qtrs
Profit commission receivable	`IncreaseDecreaseInProfitCommissionReceivable`	$4.46M	USD	2 Qtrs
Loss reserves	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$55.70M	USD	2 Qtrs
Loss reserves	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$242.06M	USD	2 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-23.35M	USD	2 Qtrs
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-37.07M	USD	2 Qtrs
Return premium accrual	`IncreaseDecreaseInOtherInsuranceLiabilities`	$-1.90M	USD	2 Qtrs
Return premium accrual	`IncreaseDecreaseInOtherInsuranceLiabilities`	$2.50M	USD	2 Qtrs
Current income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-1.36M	USD	2 Qtrs
Current income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$26.37M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-2.05M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-2.40M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$420.12M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$349.42M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$1.10B	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$992.72M	USD	2 Qtrs
Proceeds from sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$476.64M	USD	2 Qtrs
Proceeds from sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$142.75M	USD	2 Qtrs
Proceeds from maturity of fixed income securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$469.56M	USD	2 Qtrs
Proceeds from maturity of fixed income securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$548.73M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$942.00K	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.41M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-407.34M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-47.47M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$120.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$41.19M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$41.43M	USD	2 Qtrs
Payment of withholding taxes related to share-based compensation net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.62M	USD	2 Qtrs
Payment of withholding taxes related to share-based compensation net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.90M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-47.81M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-170.32M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$202.34M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-105.73M	USD	2 Qtrs
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 beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$296.68M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$190.95M	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 end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$371.39M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$296.68M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$190.95M	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

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquity`	$4.70B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$4.91B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$4.38B	USD	Point-in-time
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-47.54M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$72.70M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$144.19M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$45.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$303.07M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$163.85M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$14.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$153.05M	USD	1 Quarter
Cash dividends	`DividendsCash`	$41.10M	USD	2 Qtrs
Balance, end of period	`StockholdersEquity`	$4.70B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$4.91B	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$4.38B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$303.07M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$163.85M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$14.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$153.05M	USD	1 Quarter
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-49.08M	USD	2 Qtrs
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$143.18M	USD	1 Quarter
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$70.60M	USD	2 Qtrs
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$45.05M	USD	1 Quarter
Benefit plan adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-1.01M	USD	1 Quarter
Benefit plan adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-2.11M	USD	2 Qtrs
Benefit plan adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-663.00K	USD	1 Quarter
Benefit plan adjustments	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-1.54M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-47.54M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$72.70M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$144.19M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$45.72M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$158.24M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$236.56M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$198.77M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$255.53M	USD	2 Qtrs

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