2014 Q1 Form 10-Q Financial Statement
#000089092614000022 Filed on May 06, 2014
Income Statement
Concept | 2014 Q1 | 2013 Q1 |
---|---|---|
Revenue | $258.2M | $42.38M |
YoY Change | 509.16% | -76.5% |
Cost Of Revenue | $0.00 | |
YoY Change | ||
Gross Profit | $258.2M | |
YoY Change | ||
Gross Profit Margin | 100.0% | |
Selling, General & Admin | ||
YoY Change | ||
% of Gross Profit | ||
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $7.017M | $17.20M |
YoY Change | -59.19% | -38.69% |
% of Gross Profit | 2.72% | |
Operating Expenses | $111.2M | $228.7M |
YoY Change | -51.38% | -33.58% |
Operating Profit | $127.1M | -$202.2M |
YoY Change | -162.85% | 13.53% |
Interest Expense | $19.93M | $15.88M |
YoY Change | 25.48% | 12.25% |
% of Operating Profit | 15.68% | |
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | $127.1M | -$202.2M |
YoY Change | -162.86% | 13.53% |
Income Tax | -$18.88M | -$14.72M |
% Of Pretax Income | -14.86% | |
Net Earnings | $202.8M | -$187.5M |
YoY Change | -208.14% | 10.79% |
Net Earnings / Revenue | 78.54% | -442.4% |
Basic Earnings Per Share | $1.17 | -$1.30 |
Diluted Earnings Per Share | $0.94 | -$1.30 |
COMMON SHARES | ||
Basic Shares Outstanding | 173.2M shares | 144.4M shares |
Diluted Shares Outstanding | 222.7M shares | 144.4M shares |
Balance Sheet
Concept | 2014 Q1 | 2013 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | ||
YoY Change | ||
Cash & Equivalents | $19.60M | $29.33M |
Short-Term Investments | ||
Other Short-Term Assets | ||
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $75.10M | |
YoY Change | ||
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $12.48M | $7.105M |
YoY Change | 75.68% | -31.24% |
Goodwill | $2.095M | |
YoY Change | ||
Intangibles | $188.0K | |
YoY Change | ||
Long-Term Investments | $4.859B | $5.620B |
YoY Change | -13.54% | 0.47% |
Other Assets | $22.40M | $17.90M |
YoY Change | 25.14% | 11.88% |
Total Long-Term Assets | $5.454B | |
YoY Change | ||
TOTAL ASSETS | ||
Total Short-Term Assets | $75.10M | |
Total Long-Term Assets | $5.454B | |
Total Assets | $5.529B | $6.371B |
YoY Change | -13.22% | -1.2% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | ||
YoY Change | ||
Accrued Expenses | ||
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $37.50M | |
YoY Change | -90.72% | |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $1.125B | $1.014B |
YoY Change | 11.0% | 8.97% |
Other Long-Term Liabilities | $649.9M | $792.9M |
YoY Change | -18.04% | 292.33% |
Total Long-Term Liabilities | $1.775B | $1.806B |
YoY Change | -1.74% | 59.55% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $37.50M | |
Total Long-Term Liabilities | $1.775B | $1.806B |
Total Liabilities | $4.382B | $5.440B |
YoY Change | -19.44% | 0.2% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$349.5M | -$542.7M |
YoY Change | -35.61% | 643.43% |
Common Stock | $191.0K | $190.0K |
YoY Change | 0.53% | 25.83% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $892.9M | $892.1M |
YoY Change | 0.09% | 0.0% |
Treasury Stock Shares | 17.55M shares | 17.48M shares |
Shareholders Equity | $1.056B | $931.0M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $5.529B | $6.371B |
YoY Change | -13.22% | -1.2% |
Cashflow Statement
Concept | 2014 Q1 | 2013 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $202.8M | -$187.5M |
YoY Change | -208.14% | 10.79% |
Depreciation, Depletion And Amortization | $7.017M | $17.20M |
YoY Change | -59.19% | -38.69% |
Cash From Operating Activities | -$137.0M | -$166.0M |
YoY Change | -17.46% | 7.51% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$2.800M | -$400.0K |
YoY Change | 600.0% | 0.0% |
Acquisitions | $0.00 | |
YoY Change | ||
Other Investing Activities | $137.2M | -$2.005M |
YoY Change | -6942.89% | 193.99% |
Cash From Investing Activities | $134.5M | -$437.3M |
YoY Change | -130.75% | -254.42% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $0.00 | $299.5M |
YoY Change | -100.0% | |
Debt Paid & Issued, Net | $0.00 | $79.37M |
YoY Change | -100.0% | -39.97% |
Cash From Financing Activities | -$344.0K | $601.1M |
YoY Change | -100.06% | -553.46% |
NET CHANGE | ||
Cash From Operating Activities | -$137.0M | -166.0M |
Cash From Investing Activities | $134.5M | -$437.3M |
Cash From Financing Activities | -$344.0K | $601.1M |
Net Change In Cash | -$2.902M | $163.8M |
YoY Change | -101.77% | 8.73% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$137.0M | -$166.0M |
Capital Expenditures | -$2.800M | -$400.0K |
Free Cash Flow | -$134.2M | -$165.6M |
YoY Change | -18.96% | 7.53% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2013Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
75106000 | USD |
CY2014Q1 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
75072000 | USD |
CY2014Q1 | us-gaap |
Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
|
27690000 | USD |
CY2013Q4 | us-gaap |
Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
|
30264000 | USD |
CY2013Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
101625000 | USD |
CY2014Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
102436000 | USD |
CY2013Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
37383000 | USD |
CY2014Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
41344000 | USD |
CY2014Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
2256436000 | USD |
CY2013Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
2347104000 | USD |
CY2013Q4 | us-gaap |
Assets
Assets
|
5621691000 | USD |
CY2014Q1 | us-gaap |
Assets
Assets
|
5528985000 | USD |
CY2013Q1 | us-gaap |
Assets
Assets
|
6370949000 | USD |
CY2014Q1 | us-gaap |
Assumed Premiums Written
AssumedPremiumsWritten
|
473000 | USD |
CY2013Q1 | us-gaap |
Assumed Premiums Written
AssumedPremiumsWritten
|
-10397000 | USD |
CY2014Q1 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
212734000 | USD |
CY2013Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
120385000 | USD |
CY2013Q4 | us-gaap |
Available For Sale Equity Securities Amortized Cost Basis
AvailableForSaleEquitySecuritiesAmortizedCostBasis
|
78106000 | USD |
CY2014Q1 | us-gaap |
Available For Sale Equity Securities Amortized Cost Basis
AvailableForSaleEquitySecuritiesAmortizedCostBasis
|
78106000 | USD |
CY2014Q1 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
213989000 | USD |
CY2013Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
120553000 | USD |
CY2014Q1 | us-gaap |
Available For Sale Securities Equity Securities
AvailableForSaleSecuritiesEquitySecurities
|
137920000 | USD |
CY2013Q4 | us-gaap |
Available For Sale Securities Equity Securities
AvailableForSaleSecuritiesEquitySecurities
|
135168000 | USD |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
23858000 | USD |
CY2014Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
20963000 | USD |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
31555000 | USD |
CY2013Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
29334000 | USD |
CY2014Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-2895000 | USD |
CY2013Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-2221000 | USD |
CY2014Q1 | us-gaap |
Ceded Premiums Written
CededPremiumsWritten
|
16089000 | USD |
CY2013Q1 | us-gaap |
Ceded Premiums Written
CededPremiumsWritten
|
27885000 | USD |
CY2014Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2013Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2013Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.0025 | |
CY2014Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.0025 | |
CY2014Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2013Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2014Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
485000000 | shares |
CY2013Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
485000000 | shares |
CY2013Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
190636972 | shares |
CY2014Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
190712673 | shares |
CY2013Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
173099515 | shares |
CY2014Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
173166892 | shares |
CY2014Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
191000 | USD |
CY2013Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
191000 | USD |
CY2013Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-180055000 | USD |
CY2014Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
206720000 | USD |
CY2014Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
143725000 | USD |
CY2013Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
244606000 | USD |
CY2013Q1 | us-gaap |
Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
|
17195000 | USD |
CY2014Q1 | us-gaap |
Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
|
8614000 | USD |
CY2014Q1 | us-gaap |
Deferred Policy Acquisition Costs
DeferredPolicyAcquisitionCosts
|
63708000 | USD |
CY2013Q4 | us-gaap |
Deferred Policy Acquisition Costs
DeferredPolicyAcquisitionCosts
|
66926000 | USD |
CY2013Q1 | us-gaap |
Deferred Policy Acquisition Costs
DeferredPolicyAcquisitionCosts
|
74601000 | USD |
CY2014Q1 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | USD |
CY2013Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
17902000 | USD |
CY2014Q1 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
|
31600000 | USD |
CY2014Q1 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
936500000 | USD |
CY2013Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
1022300000 | USD |
CY2013Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
16642000 | USD |
CY2014Q1 | us-gaap |
Derivative Assets
DerivativeAssets
|
14466000 | USD |
CY2013Q4 | us-gaap |
Derivative Credit Risk Valuation Adjustment Derivative Liabilities
DerivativeCreditRiskValuationAdjustmentDerivativeLiabilities
|
209900000 | USD |
CY2014Q1 | us-gaap |
Derivative Credit Risk Valuation Adjustment Derivative Liabilities
DerivativeCreditRiskValuationAdjustmentDerivativeLiabilities
|
181300000 | USD |
CY2013Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
445100000 | USD |
CY2014Q1 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
388800000 | USD |
CY2013Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
|
235200000 | USD |
CY2014Q1 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
|
207500000 | USD |
CY2014Q1 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
257717000 | USD |
CY2013Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
307185000 | USD |
CY2013Q1 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
430898000 | USD |
CY2014Q1 | us-gaap |
Derivative Remaining Maturity1
DerivativeRemainingMaturity1
|
P4Y | |
CY2013Q1 | us-gaap |
Direct Premiums Written
DirectPremiumsWritten
|
245467000 | USD |
CY2014Q1 | us-gaap |
Direct Premiums Written
DirectPremiumsWritten
|
229322000 | USD |
CY2013Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.30 | |
CY2014Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.17 | |
CY2013Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.30 | |
CY2014Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.94 | |
CY2013Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-29000 | USD |
CY2014Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
7000 | USD |
CY2014Q1 | us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
89000 | USD |
CY2013Q1 | us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
50000 | USD |
CY2014Q1 | us-gaap |
Financial Guarantee Insurance Contracts Accelerated Premium Revenue Amount
FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount
|
0 | USD |
CY2013Q1 | us-gaap |
Financial Guarantee Insurance Contracts Accelerated Premium Revenue Amount
FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount
|
65000 | USD |
CY2014Q1 | us-gaap |
Financial Guarantee Insurance Contracts Premium Receivable
FinancialGuaranteeInsuranceContractsPremiumReceivable
|
24800000 | USD |
CY2013Q4 | us-gaap |
Financial Guarantee Insurance Contracts Premium Receivable
FinancialGuaranteeInsuranceContractsPremiumReceivable
|
25200000 | USD |
CY2014Q1 | us-gaap |
Financial Guarantee Insurance Contracts Premium Receivable Premium Expected To Be Collected
FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected
|
31200000 | USD |
CY2014Q1 | us-gaap |
Financial Guarantee Insurance Contracts Premium Received Over Contract Period Premium Receivable Weighted Average Risk Free Discount Rate
FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate
|
0.026 | |
CY2013Q4 | us-gaap |
Financial Guarantee Insurance Contracts Premium Received Over Contract Period Unearned Premium Revenue
FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodUnearnedPremiumRevenue
|
27000000 | USD |
CY2014Q1 | us-gaap |
Financial Guarantee Insurance Contracts Premium Received Over Contract Period Unearned Premium Revenue
FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodUnearnedPremiumRevenue
|
26200000 | USD |
CY2013Q1 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
-167670000 | USD |
CY2014Q1 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
50086000 | USD |
CY2014Q1 | us-gaap |
Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
|
64451000 | USD |
CY2013Q1 | us-gaap |
Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
|
-5505000 | USD |
CY2013Q4 | us-gaap |
Held To Maturity Securities
HeldToMaturitySecurities
|
358000 | USD |
CY2014Q1 | us-gaap |
Held To Maturity Securities
HeldToMaturitySecurities
|
50000 | USD |
CY2014Q1 | us-gaap |
Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
|
50000 | USD |
CY2013Q4 | us-gaap |
Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
|
351000 | USD |
CY2013Q1 | us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
1000 | USD |
CY2014Q1 | us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
-13000 | USD |
CY2014Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-241000 | USD |
CY2013Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-14723000 | USD |
CY2014Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
1508000 | USD |
CY2013Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-1983000 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Unearned Premiums Net
IncreaseDecreaseInUnearnedPremiumsNet
|
-8041000 | USD |
CY2013Q1 | us-gaap |
Increase Decrease In Unearned Premiums Net
IncreaseDecreaseInUnearnedPremiumsNet
|
-14597000 | USD |
CY2013Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
CY2014Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2764000 | shares |
CY2013Q1 | us-gaap |
Incurred Claims Property Casualty And Liability
IncurredClaimsPropertyCasualtyAndLiability
|
132059000 | USD |
CY2014Q1 | us-gaap |
Incurred Claims Property Casualty And Liability
IncurredClaimsPropertyCasualtyAndLiability
|
54809000 | USD |
CY2014Q1 | us-gaap |
Insured Financial Obligations With Credit Deterioration Remaining Weighted Average Contract Period
InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod
|
P17Y | |
CY2013Q1 | us-gaap |
Interest Expense
InterestExpense
|
15881000 | USD |
CY2014Q1 | us-gaap |
Interest Expense
InterestExpense
|
19927000 | USD |
CY2014Q1 | us-gaap |
Interest Paid
InterestPaid
|
4520000 | USD |
CY2013Q1 | us-gaap |
Interest Paid
InterestPaid
|
3630000 | USD |
CY2014Q1 | us-gaap |
Investments
Investments
|
4858579000 | USD |
CY2013Q4 | us-gaap |
Investments
Investments
|
4931157000 | USD |
CY2013Q4 | us-gaap |
Liabilities
Liabilities
|
4682046000 | USD |
CY2014Q1 | us-gaap |
Liabilities
Liabilities
|
4382402000 | USD |
CY2014Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
202759000 | USD |
CY2013Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
930072000 | USD |
CY2014Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
938390000 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-344000 | USD |
CY2013Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
601051000 | USD |
CY2013Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-437272000 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
134452000 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-137010000 | USD |
CY2013Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-165971000 | USD |
CY2013Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
5621691000 | USD |
CY2014Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
5528985000 | USD |
CY2013Q4 | us-gaap |
Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
|
2185421000 | USD |
CY2014Q1 | us-gaap |
Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
|
1923711000 | USD |
CY2013Q1 | us-gaap |
Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
|
2919073000 | USD |
CY2013Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-187500000 | USD |
CY2014Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
208214000 | USD |
CY2013Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-187500000 | USD |
CY2014Q1 | us-gaap |
Net Investment Income
NetInvestmentIncome
|
24229000 | USD |
CY2013Q1 | us-gaap |
Net Investment Income
NetInvestmentIncome
|
26873000 | USD |
CY2014Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | segment |
CY2014Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
202518000 | USD |
CY2013Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-202223000 | USD |
CY2014Q1 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
1800000000 | USD |
CY2013Q4 | us-gaap |
Other Assets
OtherAssets
|
379947000 | USD |
CY2014Q1 | us-gaap |
Other Assets
OtherAssets
|
402626000 | USD |
CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
7445000 | USD |
CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
3961000 | USD |
CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
3961000 | USD |
CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
7445000 | USD |
CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
21000 | USD |
CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
524000 | USD |
CY2014Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
4485000 | USD |
CY2013Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
7466000 | USD |
CY2014Q1 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
59909000 | USD |
CY2013Q1 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
80100000 | USD |
CY2013Q1 | us-gaap |
Other Income
OtherIncome
|
1771000 | USD |
CY2014Q1 | us-gaap |
Other Income
OtherIncome
|
1127000 | USD |
CY2014Q1 | us-gaap |
Other Investments
OtherInvestments
|
128416000 | USD |
CY2013Q4 | us-gaap |
Other Investments
OtherInvestments
|
128421000 | USD |
CY2013Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
395852000 | USD |
CY2014Q1 | us-gaap |
Other Liabilities
OtherLiabilities
|
392216000 | USD |
CY2013Q4 | us-gaap |
Other Short Term Investments
OtherShortTermInvestments
|
1429228000 | USD |
CY2014Q1 | us-gaap |
Other Short Term Investments
OtherShortTermInvestments
|
1649228000 | USD |
CY2014Q1 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses
|
0 | USD |
CY2013 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses
|
0 | USD |
CY2013Q1 | us-gaap |
Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
|
362000 | USD |
CY2014Q1 | us-gaap |
Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
|
2776000 | USD |
CY2013Q1 | us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
589799000 | USD |
CY2014Q1 | us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
219943000 | USD |
CY2014Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
433000 | USD |
CY2013Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
334000 | USD |
CY2013Q1 | us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
0 | USD |
CY2014Q1 | us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
103506000 | USD |
CY2014Q1 | us-gaap |
Payments To Acquire Trading Securities Heldforinvestment
PaymentsToAcquireTradingSecuritiesHeldforinvestment
|
0 | USD |
CY2013Q1 | us-gaap |
Payments To Acquire Trading Securities Heldforinvestment
PaymentsToAcquireTradingSecuritiesHeldforinvestment
|
232538000 | USD |
CY2013Q1 | us-gaap |
Premiums Earned Net
PremiumsEarnedNet
|
192588000 | USD |
CY2014Q1 | us-gaap |
Premiums Earned Net
PremiumsEarnedNet
|
205665000 | USD |
CY2014Q1 | us-gaap |
Premiums Written Net
PremiumsWrittenNet
|
213706000 | USD |
CY2013Q1 | us-gaap |
Premiums Written Net
PremiumsWrittenNet
|
207185000 | USD |
CY2013Q1 | us-gaap |
Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
|
381165000 | USD |
CY2014Q1 | us-gaap |
Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
|
0 | USD |
CY2013Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
299542000 | USD |
CY2014Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD |
CY2014Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
1540000 | USD |
CY2013Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
2035000 | USD |
CY2013Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
255000 | USD |
CY2014Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
300000 | USD |
CY2014Q1 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
13230000 | USD |
CY2013Q1 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
1102000 | USD |
CY2014Q1 | us-gaap |
Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
|
640000 | USD |
CY2013Q1 | us-gaap |
Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
|
2005000 | USD |
CY2013Q1 | us-gaap |
Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
|
380030000 | USD |
CY2014Q1 | us-gaap |
Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
|
444967000 | USD |
CY2014Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
12482000 | USD |
CY2013Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
10516000 | USD |
CY2013Q4 | us-gaap |
Reinsurance Recoverables
ReinsuranceRecoverables
|
46846000 | USD |
CY2014Q1 | us-gaap |
Reinsurance Recoverables
ReinsuranceRecoverables
|
31033000 | USD |
CY2014Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
0 | USD |
CY2013Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
79372000 | USD |
CY2013Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
22527000 | USD |
CY2014Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
22366000 | USD |
CY2014Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-349467000 | USD |
CY2013Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-552226000 | USD |
CY2014Q1 | us-gaap |
Revenues
Revenues
|
346256000 | USD |
CY2013Q1 | us-gaap |
Revenues
Revenues
|
42382000 | USD |
CY2014Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Gross Claim Liability
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability
|
277598000 | USD |
CY2014Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding
|
2824677000 | USD |
CY2014Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Interest
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest
|
999585000 | USD |
CY2014Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Principal
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal
|
1825092000 | USD |
CY2014Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Net Claim Liability
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability
|
43265000 | USD |
CY2014Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Number Of Contracts Issued And Outstanding
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding
|
366 | policy |
CY2014Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Gross Potential Recoveries
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries
|
380737000 | USD |
CY2014Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Net Discount
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount
|
-146404000 | USD |
CY2014Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Statement Of Financial Position Claim Liability
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionClaimLiability
|
27815000 | USD |
CY2014Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Statement Of Financial Position Reinsurance Recoverable
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionReinsuranceRecoverable
|
0 | USD |
CY2014Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Statement Of Financial Position Unearned Premium Revenue
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue
|
29724000 | USD |
CY2014Q1 | us-gaap |
Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents information relating to our mortgage insurance reserves for losses, including IBNR reserves and LAE, for the periods indicated: </font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:71.15009746588694%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td width="66%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="14%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="2%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="14%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"> </font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three Months Ended March 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;text-decoration:underline;">(In thousands)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2014</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2013</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Mortgage Insurance</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at January 1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,164,353</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,083,608</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less reinsurance recoverables (1)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">38,363</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">83,238</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at January 1, net of reinsurance recoverables</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,125,990</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,000,370</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Add losses and LAE incurred in respect of default notices reported and unreported in:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Current year (2)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">142,696</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">182,534</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prior years</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(93,536</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(50,578</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total incurred</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49,160</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">131,956</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deduct paid claims and LAE related to:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prior years</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">306,941</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">309,927</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total paid</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">306,941</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">309,927</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at end of period, net of reinsurance recoverables</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,868,209</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,822,399</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Add reinsurance recoverables (1)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,751</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">72,101</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance at March 31</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,893,960</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,894,500</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">_________________________</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:30px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Related to ceded losses on captive reinsurance transactions and the Reinsurance Transactions. See Note 7 for additional information.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:30px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Related to underlying defaulted loans with a most recent default notice dated in the year indicated. For example, if a loan had defaulted in a prior year, but then subsequently cured and later re-defaulted in the current year, that default would be considered a current year default.</font></div></td></tr></table></div> | |
CY2014Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
173165000 | shares |
CY2013Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
144355000 | shares |
CY2014Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1055567000 | USD |
CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
939645000 | USD |
CY2014Q1 | us-gaap |
Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
|
26300000 | USD |
CY2014Q1 | us-gaap |
Trading Securities
TradingSecurities
|
2728976000 | USD |
CY2013Q4 | us-gaap |
Trading Securities
TradingSecurities
|
3117429000 | USD |
CY2014Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
17545781 | shares |
CY2013Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
17537457 | shares |
CY2013Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
892807000 | USD |
CY2014Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
892937000 | USD |
CY2013Q4 | us-gaap |
Unearned Premiums
UnearnedPremiums
|
768871000 | USD |
CY2014Q1 | us-gaap |
Unearned Premiums
UnearnedPremiums
|
774788000 | USD |
CY2013Q1 | us-gaap |
Unearned Premiums
UnearnedPremiums
|
673849000 | USD |
CY2014Q1 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
-85800000 | USD |
CY2013Q1 | us-gaap |
Weighted Average Discount Rate Percent
WeightedAverageDiscountRatePercent
|
0.0209 | |
CY2013 | us-gaap |
Weighted Average Discount Rate Percent
WeightedAverageDiscountRatePercent
|
0.0295 | |
CY2014Q1 | us-gaap |
Weighted Average Discount Rate Percent
WeightedAverageDiscountRatePercent
|
0.0286 | |
CY2012 | us-gaap |
Weighted Average Discount Rate Percent
WeightedAverageDiscountRatePercent
|
0.0200 | |
CY2014Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
222668000 | shares |
CY2013Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
144355000 | shares |
CY2014Q1 | rdn |
Amortized Cost Debt And Equity Securities
AmortizedCostDebtAndEquitySecurities
|
290890000 | USD |
CY2013Q4 | rdn |
Amortized Cost Debt And Equity Securities
AmortizedCostDebtAndEquitySecurities
|
198849000 | USD |
CY2013Q1 | rdn |
Change In Present Valueof Estimated Credit Loss Payments
ChangeInPresentValueofEstimatedCreditLossPayments
|
3144000 | USD |
CY2014Q1 | rdn |
Change In Present Valueof Estimated Credit Loss Payments
ChangeInPresentValueofEstimatedCreditLossPayments
|
362000 | USD |
CY2013Q1 | rdn |
Change In Reserve For Premium Deficiency
ChangeInReserveForPremiumDeficiency
|
-629000 | USD |
CY2014Q1 | rdn |
Change In Reserve For Premium Deficiency
ChangeInReserveForPremiumDeficiency
|
466000 | USD |
CY2013Q1 | rdn |
Changein Fair Valueof Derivative Instruments Expectedto Reverse Over Time
ChangeinFairValueofDerivativeInstrumentsExpectedtoReverseOverTime
|
-175806000 | USD |
CY2014Q1 | rdn |
Changein Fair Valueof Derivative Instruments Expectedto Reverse Over Time
ChangeinFairValueofDerivativeInstrumentsExpectedtoReverseOverTime
|
46279000 | USD |
CY2014Q1 | rdn |
Debt Instrument Convertible Gross Amountof Equity Component
DebtInstrumentConvertibleGrossAmountofEquityComponent
|
91016000 | USD |
CY2013Q4 | rdn |
Debt Instrument Convertible Gross Amountof Equity Component
DebtInstrumentConvertibleGrossAmountofEquityComponent
|
0 | USD |
CY2014Q1 | rdn |
Deferred Tax Asset Net Before Allocation Of Valuation Allowance
DeferredTaxAssetNetBeforeAllocationOfValuationAllowance
|
936500000 | USD |
CY2013Q4 | rdn |
Deferred Tax Asset Net Before Allocation Of Valuation Allowance
DeferredTaxAssetNetBeforeAllocationOfValuationAllowance
|
1040200000 | USD |
CY2014Q1 | rdn |
Fair Value Debt And Equity Securities
FairValueDebtAndEquitySecurities
|
351959000 | USD |
CY2013Q4 | rdn |
Fair Value Debt And Equity Securities
FairValueDebtAndEquitySecurities
|
256072000 | USD |
CY2013Q4 | rdn |
Fair Value Htm And Afs Securities Unrealized Loss Greater Than Twelve Months
FairValueHtmAndAfsSecuritiesUnrealizedLossGreaterThanTwelveMonths
|
8480000 | USD |
CY2014Q1 | rdn |
Fair Value Htm And Afs Securities Unrealized Loss Greater Than Twelve Months
FairValueHtmAndAfsSecuritiesUnrealizedLossGreaterThanTwelveMonths
|
8339000 | USD |
CY2013Q4 | rdn |
Fair Value Htm And Afs Securities Unrealized Loss Less Than Twelve Months
FairValueHtmAndAfsSecuritiesUnrealizedLossLessThanTwelveMonths
|
19903000 | USD |
CY2014Q1 | rdn |
Fair Value Htm And Afs Securities Unrealized Loss Less Than Twelve Months
FairValueHtmAndAfsSecuritiesUnrealizedLossLessThanTwelveMonths
|
89695000 | USD |
CY2013Q4 | rdn |
Fair Value Htm And Afs Securities With Unrealized Losses
FairValueHtmAndAfsSecuritiesWithUnrealizedLosses
|
28383000 | USD |
CY2014Q1 | rdn |
Fair Value Htm And Afs Securities With Unrealized Losses
FairValueHtmAndAfsSecuritiesWithUnrealizedLosses
|
98034000 | USD |
CY2014Q1 | rdn |
Gross Unrealized Holding Gains Debt And Equity Securities
GrossUnrealizedHoldingGainsDebtAndEquitySecurities
|
62572000 | USD |
CY2013 | rdn |
Gross Unrealized Holding Gains Debt And Equity Securities
GrossUnrealizedHoldingGainsDebtAndEquitySecurities
|
58340000 | USD |
CY2014Q1 | rdn |
Gross Unrealized Holding Losses Debt And Equity Securities
GrossUnrealizedHoldingLossesDebtAndEquitySecurities
|
1503000 | USD |
CY2013 | rdn |
Gross Unrealized Holding Losses Debt And Equity Securities
GrossUnrealizedHoldingLossesDebtAndEquitySecurities
|
1117000 | USD |
CY2014Q1 | rdn |
Increase Decrease To Premiums Earnedfor Financial Guaranty Contracts Relatedto Foreign Exchange Revaluation Grossof Commission
IncreaseDecreaseToPremiumsEarnedforFinancialGuarantyContractsRelatedtoForeignExchangeRevaluationGrossofCommission
|
314000 | USD |
CY2013Q1 | rdn |
Increase Decrease To Premiums Earnedfor Financial Guaranty Contracts Relatedto Foreign Exchange Revaluation Grossof Commission
IncreaseDecreaseToPremiumsEarnedforFinancialGuarantyContractsRelatedtoForeignExchangeRevaluationGrossofCommission
|
-768000 | USD |
CY2014Q1 | rdn |
Increase Decreasein Premiums Earned On Financial Guaranty Contracts Relatedto Recaptures And Commutations
IncreaseDecreaseinPremiumsEarnedOnFinancialGuarantyContractsRelatedtoRecapturesAndCommutations
|
0 | USD |
CY2013Q1 | rdn |
Increase Decreasein Premiums Earned On Financial Guaranty Contracts Relatedto Recaptures And Commutations
IncreaseDecreaseinPremiumsEarnedOnFinancialGuarantyContractsRelatedtoRecapturesAndCommutations
|
-2447000 | USD |
CY2013Q1 | rdn |
Increase Decreasein Premiums Earnedon Financial Guaranty Insurance Contracts Related To Changes In Installment Premiums Grossof Commissions
IncreaseDecreaseinPremiumsEarnedonFinancialGuarantyInsuranceContractsRelatedToChangesInInstallmentPremiumsGrossofCommissions
|
2692000 | USD |
CY2014Q1 | rdn |
Increase Decreasein Premiums Earnedon Financial Guaranty Insurance Contracts Related To Changes In Installment Premiums Grossof Commissions
IncreaseDecreaseinPremiumsEarnedonFinancialGuarantyInsuranceContractsRelatedToChangesInInstallmentPremiumsGrossofCommissions
|
139000 | USD |
CY2014Q1 | rdn |
Minimum Numberof Pendingor Threatened Matters That Could Effect Our Results
MinimumNumberofPendingorThreatenedMattersThatCouldEffectOurResults
|
1 | matters |
CY2014Q1 | rdn |
Net Gains Losses On Other Financial Instruments
NetGainsLossesOnOtherFinancialInstruments
|
698000 | USD |
CY2013Q1 | rdn |
Net Gains Losses On Other Financial Instruments
NetGainsLossesOnOtherFinancialInstruments
|
-5675000 | USD |
CY2013Q1 | rdn |
Net Premiums Earned On Derivatives
NetPremiumsEarnedOnDerivatives
|
4992000 | USD |
CY2014Q1 | rdn |
Net Premiums Earned On Derivatives
NetPremiumsEarnedOnDerivatives
|
3445000 | USD |
CY2014Q1 | rdn |
New Insurance Written
NewInsuranceWritten
|
USD | |
CY2013Q4 | rdn |
Number Of Afs And Htm Securities In Unrealized Loss Position
NumberOfAfsAndHtmSecuritiesInUnrealizedLossPosition
|
9 | security |
CY2014Q1 | rdn |
Number Of Afs And Htm Securities In Unrealized Loss Position
NumberOfAfsAndHtmSecuritiesInUnrealizedLossPosition
|
29 | security |
CY2013Q4 | rdn |
Number Of Securities In Continuous Unrealized Loss Position Less Than Twelve Months
NumberOfSecuritiesInContinuousUnrealizedLossPositionLessThanTwelveMonths
|
5 | security |
CY2014Q1 | rdn |
Number Of Securities In Continuous Unrealized Loss Position Less Than Twelve Months
NumberOfSecuritiesInContinuousUnrealizedLossPositionLessThanTwelveMonths
|
26 | security |
CY2013Q4 | rdn |
Number Of Securities In Continuous Unrealized Loss Position Twelve Months Or Longer
NumberOfSecuritiesInContinuousUnrealizedLossPositionTwelveMonthsOrLonger
|
4 | security |
CY2014Q1 | rdn |
Number Of Securities In Continuous Unrealized Loss Position Twelve Months Or Longer
NumberOfSecuritiesInContinuousUnrealizedLossPositionTwelveMonthsOrLonger
|
3 | security |
CY2014Q1 | rdn |
Numberof Quota Share Reinsurance Agreements
NumberofQuotaShareReinsuranceAgreements
|
2 | transaction |
CY2013Q1 | rdn |
Operating Income Loss Pre Tax Non Gaap
OperatingIncomeLossPreTaxNonGAAP
|
-15237000 | USD |
CY2014Q1 | rdn |
Operating Income Loss Pre Tax Non Gaap
OperatingIncomeLossPreTaxNonGAAP
|
91090000 | USD |
CY2013Q1 | rdn |
Premiums Earned For Financial Guaranty Adjustment For Refundings
PremiumsEarnedForFinancialGuarantyAdjustmentForRefundings
|
4753000 | USD |
CY2014Q1 | rdn |
Premiums Earned For Financial Guaranty Adjustment For Refundings
PremiumsEarnedForFinancialGuarantyAdjustmentForRefundings
|
2117000 | USD |
CY2014Q1 | rdn |
Restricted Net Assets Held By Consolidated Subsidiaries
RestrictedNetAssetsHeldByConsolidatedSubsidiaries
|
1600000000 | USD |
CY2013Q1 | rdn |
Revenue Non Gaap Basis
RevenueNonGAAPBasis
|
226224000 | USD |
CY2014Q1 | rdn |
Revenue Non Gaap Basis
RevenueNonGAAPBasis
|
234466000 | USD |
CY2014Q1 | rdn |
Risk To Capital Ratio Regulatory Maximum
RiskToCapitalRatioRegulatoryMaximum
|
25 | |
CY2013Q1 | rdn |
Segment Reporting Information Cash And Investments Including Restricted Cash
SegmentReportingInformationCashAndInvestmentsIncludingRestrictedCash
|
5672888000 | USD |
CY2014Q1 | rdn |
Segment Reporting Information Cash And Investments Including Restricted Cash
SegmentReportingInformationCashAndInvestmentsIncludingRestrictedCash
|
4901908000 | USD |
CY2014Q1 | rdn |
Total Adjustment To Premiums Earned For Financial Guaranty Contracts
TotalAdjustmentToPremiumsEarnedForFinancialGuarantyContracts
|
2570000 | USD |
CY2013Q1 | rdn |
Total Adjustment To Premiums Earned For Financial Guaranty Contracts
TotalAdjustmentToPremiumsEarnedForFinancialGuarantyContracts
|
4295000 | USD |
CY2013Q1 | rdn |
Total Expenses Non Gaap
TotalExpensesNonGAAP
|
241462000 | USD |
CY2014Q1 | rdn |
Total Expenses Non Gaap
TotalExpensesNonGAAP
|
143363000 | USD |
CY2013Q4 | rdn |
Unrealized Loss On Afs And Htm Securities
UnrealizedLossOnAfsAndHtmSecurities
|
1117000 | USD |
CY2014Q1 | rdn |
Unrealized Loss On Afs And Htm Securities
UnrealizedLossOnAfsAndHtmSecurities
|
1503000 | USD |
CY2013Q4 | rdn |
Unrealized Loss On Afs And Htm Securities Greater Than Twelve Months
UnrealizedLossOnAfsAndHtmSecuritiesGreaterThanTwelveMonths
|
1018000 | USD |
CY2014Q1 | rdn |
Unrealized Loss On Afs And Htm Securities Greater Than Twelve Months
UnrealizedLossOnAfsAndHtmSecuritiesGreaterThanTwelveMonths
|
896000 | USD |
CY2013Q4 | rdn |
Unrealized Loss On Afs And Htm Securities Less Than Twelve Months
UnrealizedLossOnAfsAndHtmSecuritiesLessThanTwelveMonths
|
99000 | USD |
CY2014Q1 | rdn |
Unrealized Loss On Afs And Htm Securities Less Than Twelve Months
UnrealizedLossOnAfsAndHtmSecuritiesLessThanTwelveMonths
|
607000 | USD |
CY2014Q1 | rdn |
Variable Interest Entity Accounts Payable And Other Liabilities
VariableInterestEntityAccountsPayableAndOtherLiabilities
|
190000 | USD |
CY2013Q4 | rdn |
Variable Interest Entity Accounts Payable And Other Liabilities
VariableInterestEntityAccountsPayableAndOtherLiabilities
|
254000 | USD |
CY2014Q1 | rdn |
Variable Interest Entity Carrying Amount Of Derivative Assets
VariableInterestEntityCarryingAmountOfDerivativeAssets
|
0 | USD |
CY2013Q4 | rdn |
Variable Interest Entity Carrying Amount Of Derivative Assets
VariableInterestEntityCarryingAmountOfDerivativeAssets
|
0 | USD |
CY2014Q1 | rdn |
Variable Interest Entity Debt
VariableInterestEntityDebt
|
95580000 | USD |
CY2013Q4 | rdn |
Variable Interest Entity Debt
VariableInterestEntityDebt
|
94645000 | USD |
CY2013Q1 | rdn |
Variable Interest Entity Debt
VariableInterestEntityDebt
|
107401000 | USD |
CY2014Q1 | rdn |
Variable Interest Entity Derivative Liabilities
VariableInterestEntityDerivativeLiabilities
|
47769000 | USD |
CY2013Q4 | rdn |
Variable Interest Entity Derivative Liabilities
VariableInterestEntityDerivativeLiabilities
|
68457000 | USD |
CY2014Q1 | rdn |
Variable Interest Entity Fair Value Of Other Invested Assets
VariableInterestEntityFairValueOfOtherInvestedAssets
|
81635000 | USD |
CY2013Q4 | rdn |
Variable Interest Entity Fair Value Of Other Invested Assets
VariableInterestEntityFairValueOfOtherInvestedAssets
|
81000000 | USD |
CY2013Q4 | rdn |
Variable Interest Entity Other Assets
VariableInterestEntityOtherAssets
|
92023000 | USD |
CY2014Q1 | rdn |
Variable Interest Entity Other Assets
VariableInterestEntityOtherAssets
|
92594000 | USD |
CY2014Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2014Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2014Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2014Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | |
CY2014Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2014-03-31 | |
CY2014Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2014Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000890926 | |
CY2014Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
173171885 | shares |
CY2014Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2014Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
CY2014Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
Radian Group Inc. | |
CY2014Q1 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2014Q1 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
Yes |