10-Q Filing

MOLINA HEALTHCARE, INC. CIK: 1179929 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0001179929-17-000099`
Period End Date	20170331
Filing Date	20170504
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	moh-20170331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 44 Cash Flow Statement 70 Comprehensive Income 10

Balance Sheet 92 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.16B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.82B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.33B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.20B	USD	Point-in-time
Investments	`MarketableSecuritiesCurrent`	$2.06B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	57.00M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	57.00M	shares	Point-in-time
Investments	`MarketableSecuritiesCurrent`	$1.76B	USD	Point-in-time
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$1.01B	USD	Point-in-time
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Receivables	`ReceivablesNetCurrent`	$974.00M	USD	Point-in-time
Income taxes refundable	`IncomeTaxesReceivable`	$39.00M	USD	Point-in-time
Income taxes refundable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$142.00M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$131.00M	USD	Point-in-time
Derivative asset	`DerivativeAssetsCurrent`	-	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Derivative asset	`DerivativeAssetsCurrent`	$267.00M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$5.99B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.40B	USD	Point-in-time
Property, equipment, and capitalized software, net	`PropertyPlantAndEquipmentNet`	$454.00M	USD	Point-in-time
Property, equipment, and capitalized software, net	`PropertyPlantAndEquipmentNet`	$447.00M	USD	Point-in-time
Deferred contract costs	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedAfterOneYear`	$89.00M	USD	Point-in-time
Deferred contract costs	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedAfterOneYear`	$86.00M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$140.00M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$131.00M	USD	Point-in-time
Goodwill	`Goodwill`	$620.00M	USD	Point-in-time
Goodwill	`Goodwill`	$620.00M	USD	Point-in-time
Restricted investments	`RestrictedInvestmentsNoncurrent`	$110.00M	USD	Point-in-time
Restricted investments	`RestrictedInvestmentsNoncurrent`	$115.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$10.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$10.00M	USD	Point-in-time
Derivative asset	`DerivativeAssetsNoncurrent`	$181.00M	USD	Point-in-time
Derivative asset	`DerivativeAssetsNoncurrent`	-	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$41.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$43.00M	USD	Point-in-time
Total assets	`Assets`	$8.04B	USD	Point-in-time
Total assets	`Assets`	$7.45B	USD	Point-in-time
Medical claims and benefits payable	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$1.69B	USD	Point-in-time
Medical claims and benefits payable	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$1.93B	USD	Point-in-time
Medical claims and benefits payable	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$1.93B	USD	Point-in-time
Medical claims and benefits payable	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$1.94B	USD	Point-in-time
Amounts due government agencies	`MedicalPremiumLiabilityDueToAgency`	$1.57B	USD	Point-in-time
Amounts due government agencies	`MedicalPremiumLiabilityDueToAgency`	$1.20B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$438.00M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$385.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$461.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$315.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$21.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$472.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.00M	USD	Point-in-time
Derivative liability	`DerivativeLiabilitiesCurrent`	-	USD	Point-in-time
Derivative liability	`DerivativeLiabilitiesCurrent`	$267.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.57B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.42B	USD	Point-in-time
Senior notes	`ConvertibleLongTermNotesPayable`	$975.00M	USD	Point-in-time
Senior notes	`ConvertibleLongTermNotesPayable`	$1.46B	USD	Point-in-time
Lease financing obligations	`CapitalLeaseObligationsNoncurrent`	$198.00M	USD	Point-in-time
Lease financing obligations	`CapitalLeaseObligationsNoncurrent`	$198.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$11.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$15.00M	USD	Point-in-time
Derivative liability	`DerivativeLiabilitiesNoncurrent`	-	USD	Point-in-time
Derivative liability	`DerivativeLiabilitiesNoncurrent`	$181.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$42.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$44.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.80B	USD	Point-in-time
Total liabilities	`Liabilities`	$6.31B	USD	Point-in-time
Common stock, $0.001 par value; 150 shares authorized; outstanding: 57 shares at March 31, 2017 and December 31, 2016	`CommonStockValueOutstanding`	-	USD	Point-in-time
Common stock, $0.001 par value; 150 shares authorized; outstanding: 57 shares at March 31, 2017 and December 31, 2016	`CommonStockValueOutstanding`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 20 shares authorized, no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 20 shares authorized, no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$841.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$841.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$887.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$810.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.73B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.65B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$7.45B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$8.04B	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Premium revenue	`HealthCareOrganizationPremiumRevenue`	$4.65B	USD	1 Quarter
Premium revenue	`HealthCareOrganizationPremiumRevenue`	$4.00B	USD	1 Quarter
Service revenue	`TechnologyServicesRevenue`	$131.00M	USD	1 Quarter
Service revenue	`TechnologyServicesRevenue`	$140.00M	USD	1 Quarter
Premium tax revenue	`HealthCareOrganizationPremiumTaxRevenue`	$111.00M	USD	1 Quarter
Premium tax revenue	`HealthCareOrganizationPremiumTaxRevenue`	$109.00M	USD	1 Quarter
Health insurer fee revenue	`HealthCareOrganizationInsurerFeeRevenue`	$90.00M	USD	1 Quarter
Health insurer fee revenue	`HealthCareOrganizationInsurerFeeRevenue`	-	USD	1 Quarter
Investment income and other revenue	`InterestAndDividendIncomeOperating`	$9.00M	USD	1 Quarter
Investment income and other revenue	`InterestAndDividendIncomeOperating`	$14.00M	USD	1 Quarter
Total revenue	`Revenues`	$4.34B	USD	1 Quarter
Total revenue	`Revenues`	$4.90B	USD	1 Quarter
Medical care costs	`PolicyholderBenefitsAndClaimsIncurredHealthCare`	$3.59B	USD	1 Quarter
Medical care costs	`PolicyholderBenefitsAndClaimsIncurredHealthCare`	$4.11B	USD	1 Quarter
Cost of service revenue	`TechnologyServicesCosts`	$122.00M	USD	1 Quarter
Cost of service revenue	`TechnologyServicesCosts`	$127.00M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$340.00M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$439.00M	USD	1 Quarter
Premium tax expenses	`PremiumTaxExpenses`	$109.00M	USD	1 Quarter
Premium tax expenses	`PremiumTaxExpenses`	$111.00M	USD	1 Quarter
Health insurer fee expenses	`HealthCareOrganizationInsurerFeeExpense`	-	USD	1 Quarter
Health insurer fee expenses	`HealthCareOrganizationInsurerFeeExpense`	$58.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$32.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$39.00M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$4.25B	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$4.82B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$82.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$89.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$26.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$25.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$75.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Total other (income) expenses, net	`NonoperatingIncomeExpense`	$49.00M	USD	1 Quarter
Total other (income) expenses, net	`NonoperatingIncomeExpense`	$-25.00M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$131.00M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$64.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$40.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$54.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$77.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$24.00M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.38	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.44	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.43	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.37	USD	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$77.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$24.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$44.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$49.00M	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$5.00M	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-30.00M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$6.00M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$7.00M	USD	1 Quarter
Amortization of convertible senior notes and lease financing obligations	`AmortizationofDebtDiscountPremiumandSaleLeasebackFinancingObligation`	$8.00M	USD	1 Quarter
Amortization of convertible senior notes and lease financing obligations	`AmortizationofDebtDiscountPremiumandSaleLeasebackFinancingObligation`	$8.00M	USD	1 Quarter
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$3.00M	USD	1 Quarter
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$6.00M	USD	1 Quarter
Receivables	`IncreaseDecreaseInReceivables`	$32.00M	USD	1 Quarter
Receivables	`IncreaseDecreaseInReceivables`	$266.00M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$202.00M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.00M	USD	1 Quarter
Medical claims and benefits payable	`IncreaseDecreaseInHealthCareInsuranceLiabilities`	$-3.00M	USD	1 Quarter
Medical claims and benefits payable	`IncreaseDecreaseInHealthCareInsuranceLiabilities`	$255.00M	USD	1 Quarter
Amounts due government agencies	`IncreaseDecreaseInMedicalPremiumLiabilityDueToAgency`	$373.00M	USD	1 Quarter
Amounts due government agencies	`IncreaseDecreaseInMedicalPremiumLiabilityDueToAgency`	$181.00M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$50.00M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$205.00M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-129.00M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$146.00M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$59.00M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-24.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$719.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$139.00M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$611.00M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$733.00M	USD	1 Quarter
Proceeds from sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$348.00M	USD	1 Quarter
Proceeds from sales and maturities of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$433.00M	USD	1 Quarter
Purchases of property, equipment and capitalized software	`PaymentsToAcquirePropertyPlantAndEquipment`	$26.00M	USD	1 Quarter
Purchases of property, equipment and capitalized software	`PaymentsToAcquirePropertyPlantAndEquipment`	$46.00M	USD	1 Quarter
Increase in restricted investments	`IncreaseDecreaseOfRestrictedInvestments`	$7.00M	USD	1 Quarter
Increase in restricted investments	`IncreaseDecreaseOfRestrictedInvestments`	$4.00M	USD	1 Quarter
Net cash paid in business combinations	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.00M	USD	1 Quarter
Net cash paid in business combinations	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$6.00M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-314.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-339.00M	USD	1 Quarter
Proceeds from employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$1.00M	USD	1 Quarter
Proceeds from employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	-	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.00M	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$2.00M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.00M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.00M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$379.00M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-173.00M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.20B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.33B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.16B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.82B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.16B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.82B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.33B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.20B	USD	Point-in-time
Common stock used for share-based compensation	`StockIssued1`	$7.00M	USD	1 Quarter
Common stock used for share-based compensation	`StockIssued1`	$6.00M	USD	1 Quarter
Change in fair value of derivatives, net	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Change in fair value of derivatives, net	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Fair value of assets acquired	`FairValueOfAssetsAcquired`	$134.00M	USD	1 Quarter
Fair value of assets acquired	`FairValueOfAssetsAcquired`	-	USD	1 Quarter
Purchase price amounts accrued/received	`BusinessCombinationPurchasePriceAmountsAccruedReceived`	-	USD	1 Quarter
Purchase price amounts accrued/received	`BusinessCombinationPurchasePriceAmountsAccruedReceived`	$30.00M	USD	1 Quarter
Reversal of amounts advanced to sellers in prior year	`BusinessCombinationPrepaidConsiderationTransferred`	-	USD	1 Quarter
Reversal of amounts advanced to sellers in prior year	`BusinessCombinationPrepaidConsiderationTransferred`	$102.00M	USD	1 Quarter
Net cash paid in business combinations	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.00M	USD	1 Quarter
Net cash paid in business combinations	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$77.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$24.00M	USD	1 Quarter
Unrealized investment gain	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$9.00M	USD	1 Quarter
Unrealized investment gain	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$1.00M	USD	1 Quarter
Less: effect of income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	1 Quarter
Less: effect of income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$3.00M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.00M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$6.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$78.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$30.00M	USD	1 Quarter

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