2018 Q4 Form 10-Q Financial Statement
#000089092618000065 Filed on November 08, 2018
Income Statement
Concept | 2018 Q4 | 2018 Q3 | 2017 Q4 |
---|---|---|---|
Revenue | $42.05M | $330.7M | $39.70M |
YoY Change | 5.91% | 5.97% | -20.44% |
Cost Of Revenue | $24.94M | $25.85M | $23.35M |
YoY Change | 6.81% | -5.09% | -30.94% |
Gross Profit | $17.11M | $304.8M | $16.35M |
YoY Change | 4.63% | 7.03% | 1.62% |
Gross Profit Margin | 40.69% | 92.18% | 41.19% |
Selling, General & Admin | |||
YoY Change | |||
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $6.485M | $2.100M | $5.871M |
YoY Change | 10.46% | 10.53% | 5.23% |
% of Gross Profit | 37.9% | 0.69% | 35.9% |
Operating Expenses | $139.3M | $146.0M | $133.1M |
YoY Change | 4.66% | -30.22% | -16.5% |
Operating Profit | -$122.2M | $158.8M | -$116.7M |
YoY Change | 4.66% | 110.17% | -18.53% |
Interest Expense | -$15.60M | $15.54M | -$14.90M |
YoY Change | 4.7% | -1.15% | -13.87% |
% of Operating Profit | 9.78% | ||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $176.5M | $184.7M | $164.7M |
YoY Change | 7.16% | 79.63% | 68.4% |
Income Tax | $36.70M | $41.89M | $55.30M |
% Of Pretax Income | 20.79% | 22.68% | 33.58% |
Net Earnings | $139.8M | $142.8M | $6.816M |
YoY Change | 1950.75% | 119.21% | -88.84% |
Net Earnings / Revenue | 332.4% | 43.18% | 17.17% |
Basic Earnings Per Share | $0.67 | ||
Diluted Earnings Per Share | $0.64 | $0.66 | $0.03 |
COMMON SHARES | |||
Basic Shares Outstanding | 213.3M shares | 213.3M shares | 215.6M shares |
Diluted Shares Outstanding | 217.9M shares | 217.9M shares | 220.3M shares |
Balance Sheet
Concept | 2018 Q4 | 2018 Q3 | 2017 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | $95.39M | $104.4M | $80.57M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $78.70M | $108.0M | $72.60M |
YoY Change | 8.4% | 11.34% | -6.44% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $37.09M | $38.06M | $38.29M |
YoY Change | -3.14% | -56.81% | -45.81% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $5.153B | $5.028B | $4.644B |
YoY Change | 10.96% | 10.59% | 4.07% |
Other Assets | $143.3M | $144.1M | $245.2M |
YoY Change | -41.56% | -63.34% | -41.83% |
Total Long-Term Assets | $6.236B | $6.161B | $5.828B |
YoY Change | 6.99% | 7.21% | 0.74% |
TOTAL ASSETS | |||
Total Short-Term Assets | $78.70M | $108.0M | $72.60M |
Total Long-Term Assets | $6.236B | $6.161B | $5.828B |
Total Assets | $6.315B | $6.269B | $5.901B |
YoY Change | 7.01% | 7.28% | 0.64% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $11.30M | ||
YoY Change | |||
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.113B | $1.101B | $1.027B |
YoY Change | 8.35% | 7.22% | -3.96% |
Other Long-Term Liabilities | $251.1M | $296.7M | $353.8M |
YoY Change | -29.03% | -17.77% | 9.91% |
Total Long-Term Liabilities | $1.364B | $1.398B | $1.381B |
YoY Change | -1.22% | 0.72% | -0.75% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $11.30M | ||
Total Long-Term Liabilities | $1.364B | $1.398B | $1.381B |
Total Liabilities | $2.826B | $2.922B | $2.901B |
YoY Change | -2.58% | 2.32% | -3.01% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $1.720B | $1.580B | $1.116B |
YoY Change | 54.03% | 42.36% | 11.87% |
Common Stock | $2.725B | $2.721B | $2.755B |
YoY Change | -1.07% | -0.97% | -0.92% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $894.9M | $894.6M | $893.9M |
YoY Change | 0.11% | 0.1% | 0.06% |
Treasury Stock Shares | 17.66M shares | 17.64M shares | 17.60M shares |
Shareholders Equity | $3.489B | $3.347B | $3.000B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $6.315B | $6.269B | $5.901B |
YoY Change | 7.01% | 7.28% | 0.64% |
Cashflow Statement
Concept | 2018 Q4 | 2018 Q3 | 2017 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $139.8M | $142.8M | $6.816M |
YoY Change | 1950.75% | 119.21% | -88.84% |
Depreciation, Depletion And Amortization | $6.485M | $2.100M | $5.871M |
YoY Change | 10.46% | 10.53% | 5.23% |
Cash From Operating Activities | $185.9M | $191.1M | $142.2M |
YoY Change | 30.73% | 1492.5% | 50.8% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$5.700M | -$8.000M | -$3.500M |
YoY Change | 62.86% | -32.2% | -51.39% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$177.3M | -$121.7M | -$122.7M |
YoY Change | 44.5% | 815.04% | 50.18% |
Cash From Investing Activities | -$183.0M | -$129.7M | -$126.3M |
YoY Change | 44.89% | 418.8% | 41.91% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -10.20M | -51.80M | -18.80M |
YoY Change | -45.74% | -276.19% | 18700.0% |
NET CHANGE | |||
Cash From Operating Activities | 185.9M | 191.1M | 142.2M |
Cash From Investing Activities | -183.0M | -129.7M | -126.3M |
Cash From Financing Activities | -10.20M | -51.80M | -18.80M |
Net Change In Cash | -7.300M | 9.600M | -2.900M |
YoY Change | 151.72% | -41.46% | -155.77% |
FREE CASH FLOW | |||
Cash From Operating Activities | $185.9M | $191.1M | $142.2M |
Capital Expenditures | -$5.700M | -$8.000M | -$3.500M |
Free Cash Flow | $191.6M | $199.1M | $145.7M |
YoY Change | 31.5% | 736.55% | 43.55% |
Facts In Submission
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Q3 | ||
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2018 | ||
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2018-09-30 | ||
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RestructuringandOtherExitCosts
|
12038000 | USD | |
CY2018Q3 | us-gaap |
Interest Expense
InterestExpense
|
15535000 | USD |
CY2017Q3 | us-gaap |
Interest Expense
InterestExpense
|
15715000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
45906000 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
47832000 | USD | |
CY2018Q3 | us-gaap |
Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
|
0 | USD |
CY2017Q3 | us-gaap |
Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
|
-45766000 | USD |
us-gaap |
Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
|
0 | USD | |
us-gaap |
Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
|
-51469000 | USD | |
CY2018Q3 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD |
CY2017Q3 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD | |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
184374000 | USD | |
CY2018Q3 | rdn |
Amortizationand Impairmentof Other Intangible Assets
AmortizationandImpairmentofOtherIntangibleAssets
|
3472000 | USD |
CY2017Q3 | rdn |
Amortizationand Impairmentof Other Intangible Assets
AmortizationandImpairmentofOtherIntangibleAssets
|
2890000 | USD |
rdn |
Amortizationand Impairmentof Other Intangible Assets
AmortizationandImpairmentofOtherIntangibleAssets
|
8968000 | USD | |
rdn |
Amortizationand Impairmentof Other Intangible Assets
AmortizationandImpairmentofOtherIntangibleAssets
|
25042000 | USD | |
CY2018Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
145998000 | USD |
CY2017Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
209239000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
433832000 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
721709000 | USD | |
CY2018Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
184688000 | USD |
CY2017Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
102814000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
507701000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
182010000 | USD | |
CY2018Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
41891000 | USD |
CY2017Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
37672000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
41469000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
67738000 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
142797000 | USD |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
65142000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
466232000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
114272000 | USD | |
CY2018Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.67 | |
CY2017Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.30 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.17 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.53 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.52 | ||
CY2018Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
213309000 | shares |
CY2017Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
215279000 | shares |
CY2018Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.66 | |
CY2017Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.30 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.13 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
214499000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
215194000 | shares | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
217902000 | shares |
CY2017Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
219391000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
218783000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
220230000 | shares | |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
142797000 | USD |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
65142000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
466232000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
114272000 | USD | |
CY2018Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-5341000 | USD |
CY2017Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
6239000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-93788000 | USD | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
33845000 | USD | |
CY2018Q3 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
-4044000 | USD |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
111000 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
-8512000 | USD | |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
-2687000 | USD | |
CY2018Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-1297000 | USD |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
6128000 | USD |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-85276000 | USD | |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
36532000 | USD | |
CY2018Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
0 | USD |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
28000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
3000 | USD | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
136000 | USD | |
CY2018Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-1297000 | USD |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
6156000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-85273000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
36668000 | USD | |
CY2018Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
141500000 | USD |
CY2017Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
71298000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
380959000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
150940000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
491929000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
218425000 | USD | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
577034000 | USD | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
737054000 | USD | |
us-gaap |
Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
|
35182000 | USD | |
us-gaap |
Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
|
176448000 | USD | |
us-gaap |
Proceeds From Sale Of Securities Operating Activities
ProceedsFromSaleOfSecuritiesOperatingActivities
|
92702000 | USD | |
us-gaap |
Proceeds From Sale Of Securities Operating Activities
ProceedsFromSaleOfSecuritiesOperatingActivities
|
23423000 | USD | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
337857000 | USD | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
377219000 | USD | |
us-gaap |
Proceeds From Maturities Repayments And Calls Of Trading Securities Heldforinvestment
ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment
|
53437000 | USD | |
us-gaap |
Proceeds From Maturities Repayments And Calls Of Trading Securities Heldforinvestment
ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment
|
70161000 | USD | |
us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
1307335000 | USD | |
us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
1491083000 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
59625000 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
195297000 | USD | |
us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
216778000 | USD | |
us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
-251509000 | USD | |
us-gaap |
Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
|
2111000 | USD | |
us-gaap |
Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
|
596000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
20323000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
25173000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
662000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
86000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-506400000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-75229000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
1606000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
1614000 | USD | |
us-gaap |
Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
|
0 | USD | |
us-gaap |
Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
|
443250000 | USD | |
us-gaap |
Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
|
0 | USD | |
us-gaap |
Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
|
-591918000 | USD | |
us-gaap |
Proceeds From Hedge Financing Activities
ProceedsFromHedgeFinancingActivities
|
0 | USD | |
us-gaap |
Proceeds From Hedge Financing Activities
ProceedsFromHedgeFinancingActivities
|
4109000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1128000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
3283000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
50053000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
6000 | USD | |
rdn |
Lineof Credit Facility Paymentof Commitment Fees
LineofCreditFacilityPaymentofCommitmentFees
|
643000 | USD | |
rdn |
Lineof Credit Facility Paymentof Commitment Fees
LineofCreditFacilityPaymentofCommitmentFees
|
0 | USD | |
us-gaap |
Increase Decrease In Securities Lending Payable
IncreaseDecreaseInSecuritiesLendingPayable
|
41414000 | USD | |
us-gaap |
Increase Decrease In Securities Lending Payable
IncreaseDecreaseInSecuritiesLendingPayable
|
36782000 | USD | |
us-gaap |
Proceeds From Short Term Debt Maturing In More Than Three Months
ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths
|
45458000 | USD | |
us-gaap |
Proceeds From Short Term Debt Maturing In More Than Three Months
ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths
|
0 | USD | |
us-gaap |
Repayments Of Short Term Debt Maturing In More Than Three Months
RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths
|
3000000 | USD | |
us-gaap |
Repayments Of Short Term Debt Maturing In More Than Three Months
RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths
|
0 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
133000 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
207000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
32565000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-106321000 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
0 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
116000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
18094000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
36991000 | USD | |
CY2017Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
96244000 | USD |
CY2016Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
61814000 | USD |
CY2018Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
114338000 | USD |
CY2017Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
98805000 | USD |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | segment | |
CY2018Q3 | us-gaap |
Capitalized Computer Software Impairments1
CapitalizedComputerSoftwareImpairments1
|
3600000 | USD |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
Certain prior period amounts have been reclassified to conform to current period presentation. | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of our contingent assets and liabilities at the dates of the financial statements, as well as the reported amounts of revenues and expenses during the reporting periods. While the amounts included in our condensed consolidated financial statements include our best estimates and assumptions, actual results may vary materially. | ||
us-gaap |
Revenue Recognition Sales Of Services
RevenueRecognitionSalesOfServices
|
Our Services segment revenues are recognized over time and measured each period based on the progress to date as services are performed and made available to customers. Our contracts with customers, including payment terms, are generally short-term in nature; therefore, any impact related to timing is immaterial. Revenue recognized related to services made available to customers and billed is reflected in accounts receivables. Revenue recognized related to services performed and not yet billed is recorded in unbilled receivables and reflected in other assets. We have <span style="font-family:inherit;font-size:10pt;"><span>no</span></span><span style="font-family:inherit;font-size:10pt;"> material bad-debt expense. The following represents balances related to Services contracts as of the dates indicated: </span><div style="line-height:120%;padding-top:6px;text-align:center;text-indent:30px;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:84.01559454191033%;border-collapse:collapse;text-align:left;"><tr><td colspan="8"/></tr><tr><td style="width:65%;"/><td style="width:1%;"/><td style="width:15%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:15%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;text-decoration:underline;">(In thousands)</span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#dbe5f1;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;">September 30, 2018</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></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;"><div style="text-align:center;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;">December 31, 2017</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Accounts Receivable - Services Contracts</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#dbe5f1;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#dbe5f1;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>12,544</span></span></div></td><td style="vertical-align:bottom;background-color:#dbe5f1;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>17,391</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Unbilled Receivables - Services Contracts</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#dbe5f1;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>19,580</span></span></div></td><td style="vertical-align:bottom;background-color:#dbe5f1;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>22,257</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Deferred Revenues - Services Contracts </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#dbe5f1;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>4,131</span></span></div></td><td style="vertical-align:bottom;background-color:#dbe5f1;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>3,235</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-top:6px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Revenue expected to be recognized in any future period related to remaining performance obligations, such as contracts where revenue is recognized as invoiced and contracts with variable consideration related to undelivered performance obligations, is not material.</span></div><div style="line-height:120%;padding-top:6px;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Fee-for-Service Contracts</span></div><div style="line-height:120%;padding-top:6px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Generally, our contracts with our clients do not include minimum volume commitments and can be terminated at any time by our clients. Although some of our contracts and assignments are recurring in nature, and include repetitive monthly assignments, a significant portion of our engagements are transactional in nature and may be performed in connection with securitizations, loan sales, loan purchases or other transactions. Due to the transactional nature of our business, our Services segment revenues may fluctuate from period to period as transactions are commenced or completed. We do not recognize revenue or expense related to amounts advanced by us and subsequently reimbursed by clients for maintenance or repairs because we do not take control of the service prior to the client taking control. We record an expense if an advance is made that is not in accordance with a client contract and the client is not obligated to reimburse us.</span></div><div style="line-height:120%;padding-top:6px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Due to the nature of the services provided, our Services arrangements with customers may include any of the following three basic types of contracts:</span></div><div style="line-height:120%;padding-top:6px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Fixed-Price Contracts. </span><span style="font-family:inherit;font-size:10pt;">We use fixed-price contracts in our real estate valuation and component services, our loan review, underwriting and due diligence services as well as our title and closing services. We also use fixed-price contracts in our surveillance business for our servicer oversight services and RMBS surveillance services, and in our asset management business activities. Under fixed-price contracts we agree to perform the specified services and deliverables for a pre-determined per-unit or per-file price or day rate. Each service qualifies as a separate performance obligation and revenue is recognized as the service performed is made available to the client.</span></div><div style="line-height:120%;padding-top:6px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Time-and-Expense Contracts.</span><span style="font-family:inherit;font-size:10pt;"> The Services segment also derives a portion of its revenue from professional service activities under time-and-expense contracts. In these types of contracts, we are paid a fixed hourly rate, and we are reimbursed for billable out-of-pocket expenses as work is performed. These contracts are used in our loan review, underwriting and due diligence services. Services revenue consisting of billed time fees and pass-through expenses is recorded over time and based on the progress to date as services are performed and made available to customers. Services revenue may also include expenses billed to clients, which includes travel and other out-of-pocket expenses, and other reimbursable expenses.</span></div><div style="line-height:120%;padding-top:6px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Percentage-of-Sale Contracts. </span><span style="font-family:inherit;font-size:10pt;">Under percentage-of-sale contracts, we are paid a contractual percentage of the sale proceeds upon the sale of each property. These contracts are only used for a portion of our REO management services and our real estate brokerage services. In addition, through the use of our proprietary technology, property leads are sent to select clients. Revenue attributable to services provided under a percentage-of-sale contract is recognized over time and measured based on the progress to date and typically coincides with the client’s successful closing on the property. The revenue recognized for these transactions is based on a percentage of the sale.</span></div>In certain instances, fees are received at the time that an asset is assigned to Radian for management. These fees are recorded as deferred revenue and are recognized over time based on progress to date and the availability to customers. | ||
CY2018Q3 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
19580000 | USD |
us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
Accounting Standards Not Yet Adopted. <span style="font-family:inherit;font-size:10pt;">In February 2016, the FASB issued an update that replaces the existing accounting and disclosure requirements for leases of property, plant and equipment. The update requires lessees to recognize, as of the lease commencement date, assets and liabilities for all leases with lease terms of more than 12 months, which is a change from the current GAAP requirement to recognize only capital leases on the balance sheet. Pursuant to the new standard, the liability initially recognized for the lease obligation is equal to the present value of the lease payments not yet made, discounted over the lease term at the implicit interest rate of the lease, if available, or otherwise at the lessee’s incremental borrowing rate. The lessee is also required to recognize an asset for its right to use the underlying asset for the lease term, based on the liability subject to certain adjustments, such as for initial direct costs. Leases are required to be classified as either operating or finance, with expense on operating leases recorded as a single lease cost on a straight-line basis. For finance leases, interest expense on the lease liability is required to be recognized separately from the straight-line amortization of the right-of-use asset. Quantitative disclosures are required for certain items, including the cost of leases, the weighted-average remaining lease term, the weighted-average discount rate and a maturity analysis of lease liabilities. Additional qualitative disclosures are also required regarding the nature of the leases, such as basis, terms and conditions of: (i) variable interest payments; (ii) extension and termination options; and (iii) residual value guarantees. This update, and the clarifying update issued in July 2018, is effective for public companies for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. The new standard must be adopted by applying the new guidance as of the beginning of the earliest comparative period presented, using a modified retrospective transition approach with certain optional practical expedients. We are currently in the process of identifying our current leases that are subject to the scope of this standard and evaluating the impact on our financial statements and future disclosures as a result of this update. We expect to recognize right-of-use assets and related obligations upon adoption of this update. In July 2018 the FASB issued a further update containing certain targeted improvements to the accounting and disclosure requirements for leases, including an additional (and optional) transition method to recognize the cumulative-effect adjustment as of the beginning of the period of adoption, rather than recognizing the cumulative-effect adjustment as of the beginning of the earliest comparative period presented. We expect to elect the optional transition method to recognize the cumulative-effect adjustment as of the beginning of the period of adoption. In addition, we expect to elect the practical expedients for transitioning existing leases to the new standard as of the effective</span><div style="line-height:120%;padding-top:6px;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> date. As a result of applying the practical expedients: (i) we are not required to reassess expired or existing contracts to determine if they contain additional leases; (ii) we are not required to reassess the lease classification for expired and existing leases; and (iii) we are not required to reassess initial direct costs for existing leases. We are currently evaluating the impact of adoption of these updates on our financial statements and future disclosures. See Note 13 of Notes to Consolidated Financial Statements in our 2017 Form 10-K for additional information about our leases.</span></div><div style="line-height:120%;padding-top:6px;text-align:left;text-indent:29px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In June 2016, the FASB issued an update to the accounting standard regarding the measurement of credit losses on financial instruments. This update requires that financial assets measured at their amortized cost basis be presented at the net amount expected to be collected. Credit losses relating to available-for-sale debt securities are to be recorded through an allowance for credit losses, rather than a write-down of the asset, with the amount of the allowance limited to the amount by which fair value is less than amortized cost. This update is effective for public companies for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Early adoption is permitted for the fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. This update is not applicable to credit losses associated with our mortgage insurance policies. We are currently evaluating the impact on our financial statements and future disclosures as a result of this update. </span></div><div style="line-height:120%;padding-top:6px;text-align:left;text-indent:29px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In March 2017, the FASB issued an update to the accounting standard regarding receivables. The new standard requires certain premiums on purchased callable debt securities to be amortized to the earliest call date. The amortization period for callable debt securities purchased at a discount will not be impacted. The provisions of this update are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. We do not expect the adoption of this update to have a material effect on our financial statements and disclosures.</span></div><div style="line-height:120%;padding-top:6px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In August 2018, the FASB issued an update to the accounting standard regarding the accounting for long-duration insurance contracts. The new standard: (i) requires that assumptions used to measure the liability for future policy benefits be reviewed at least annually; (ii) defines and simplifies the measurement of market risk benefits; (iii) simplifies the amortization of deferred acquisition costs; and (iv) enhances the required disclosures about long-duration contracts. This update is effective for fiscal years beginning after December 15, 2020, including interim periods within those fiscal years. Early adoption is permitted. We are currently evaluating the potential impact of the adoption of this update.</span></div><div style="line-height:120%;padding-top:6px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In August 2018, the FASB issued an update to the accounting standard regarding the disclosure requirements for fair value measurement. The amendments in this update remove certain disclosure requirements regarding transfers between assets as well as the valuation process for Level III assets. This update is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. An entity is permitted to early adopt any removed or modified disclosures and delay adoption of the additional disclosures until their required effective date. We are currently evaluating the impact on our financial statements and future disclosures as a result of this update. </span></div>In August 2018, the FASB issued an update to the accounting standard regarding the capitalization of implementation costs for activities performed in a cloud computing arrangement that is a service contract. The new standard aligns the accounting for implementation costs of hosting arrangements that are service contracts with the accounting for capitalizing internal-use software. This update is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. We are currently evaluating the potential impact of the adoption of this update and do not expect it to have a material effect on our financial statements and disclosures. | ||
CY2018Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
142797000 | USD |
CY2017Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
65142000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
466232000 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
114272000 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
142797000 | USD |
CY2017Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
65142000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
466232000 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
114057000 | USD | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
213309000 | shares |
CY2017Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
215279000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
214499000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
215194000 | shares | |
CY2018Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
4593000 | shares |
CY2017Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
4096000 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
4284000 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
4027000 | shares | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
217902000 | shares |
CY2017Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
219391000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
218783000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
220230000 | shares | |
CY2018Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.67 | |
CY2017Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.30 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.17 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.53 | ||
CY2018Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.66 | |
CY2017Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.30 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.13 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.52 | ||
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | segment | |
CY2018Q3 | rdn |
Net Gains Losseson Investmentsand Other Financial Instruments
NetGainsLossesonInvestmentsandOtherFinancialInstruments
|
-4500000 | USD |
rdn |
Net Gains Losseson Investmentsand Other Financial Instruments
NetGainsLossesonInvestmentsandOtherFinancialInstruments
|
-30800000 | USD | |
CY2017Q3 | rdn |
Net Gains Losseson Investmentsand Other Financial Instruments
NetGainsLossesonInvestmentsandOtherFinancialInstruments
|
2500000 | USD |
rdn |
Net Gains Losseson Investmentsand Other Financial Instruments
NetGainsLossesonInvestmentsandOtherFinancialInstruments
|
5000000.0 | USD | |
CY2018Q3 | us-gaap |
Assets
Assets
|
6269484000 | USD |
CY2017Q4 | us-gaap |
Assets
Assets
|
5900881000 | USD |
CY2018Q3 | rdn |
Operating Income Loss Pre Tax Non Gaap
OperatingIncomeLossPreTaxNonGAAP
|
196699000 | USD |
CY2017Q3 | rdn |
Operating Income Loss Pre Tax Non Gaap
OperatingIncomeLossPreTaxNonGAAP
|
155619000 | USD |
rdn |
Operating Income Loss Pre Tax Non Gaap
OperatingIncomeLossPreTaxNonGAAP
|
551811000 | USD | |
rdn |
Operating Income Loss Pre Tax Non Gaap
OperatingIncomeLossPreTaxNonGAAP
|
444636000 | USD | |
CY2018Q3 | rdn |
Net Gains Losseson Investmentsand Other Financial Instruments
NetGainsLossesonInvestmentsandOtherFinancialInstruments
|
-4480000 | USD |
CY2017Q3 | rdn |
Net Gains Losseson Investmentsand Other Financial Instruments
NetGainsLossesonInvestmentsandOtherFinancialInstruments
|
2480000 | USD |
rdn |
Net Gains Losseson Investmentsand Other Financial Instruments
NetGainsLossesonInvestmentsandOtherFinancialInstruments
|
-30771000 | USD | |
rdn |
Net Gains Losseson Investmentsand Other Financial Instruments
NetGainsLossesonInvestmentsandOtherFinancialInstruments
|
4960000 | USD | |
CY2018Q3 | us-gaap |
Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
|
0 | USD |
CY2017Q3 | us-gaap |
Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
|
-45766000 | USD |
us-gaap |
Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
|
0 | USD | |
us-gaap |
Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
|
-51469000 | USD | |
CY2018Q3 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
2000 | USD |
CY2017Q3 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
54000 | USD |
us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
418000 | USD | |
us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
126000 | USD | |
CY2018Q3 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD |
CY2017Q3 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD | |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
184374000 | USD | |
CY2018Q3 | rdn |
Increase Decreasein Goodwilland Intangible Assets
IncreaseDecreaseinGoodwillandIntangibleAssets
|
3472000 | USD |
CY2017Q3 | rdn |
Increase Decreasein Goodwilland Intangible Assets
IncreaseDecreaseinGoodwillandIntangibleAssets
|
2890000 | USD |
rdn |
Increase Decreasein Goodwilland Intangible Assets
IncreaseDecreaseinGoodwillandIntangibleAssets
|
8968000 | USD | |
rdn |
Increase Decreasein Goodwilland Intangible Assets
IncreaseDecreaseinGoodwillandIntangibleAssets
|
25042000 | USD | |
CY2018Q3 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
4057000 | USD |
CY2017Q3 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
6575000 | USD |
us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
3953000 | USD | |
us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
6575000 | USD | |
CY2018Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
184688000 | USD |
CY2017Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
102814000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
507701000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
182010000 | USD | |
CY2018Q3 | us-gaap |
Securities Received As Collateral
SecuritiesReceivedAsCollateral
|
31800000 | USD |
CY2017Q4 | us-gaap |
Securities Received As Collateral
SecuritiesReceivedAsCollateral
|
19400000 | USD |
CY2017Q4 | rdn |
Availableforsale Securitiesincluding Loaned Securities Amortized Cost Basis
AvailableforsaleSecuritiesincludingLoanedSecuritiesAmortizedCostBasis
|
3617103000 | USD |
CY2017Q4 | rdn |
Availableforsale Securitiesincluding Loaned Securities
AvailableforsaleSecuritiesincludingLoanedSecurities
|
3649447000 | USD |
CY2017Q4 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
48778000 | USD |
CY2017Q4 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
16434000 | USD |
CY2018Q3 | us-gaap |
Available For Sale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Less Than One Year
AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear
|
636 | security |
CY2018Q3 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
|
2790951000 | USD |
CY2018Q3 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
|
64321000 | USD |
CY2018Q3 | us-gaap |
Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Greater Than Or Equal To One Year
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear
|
101 | security |
CY2018Q3 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
|
314131000 | USD |
CY2018Q3 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
18449000 | USD |
CY2018Q3 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
|
82770000 | USD |
CY2017Q4 | us-gaap |
Available For Sale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Less Than One Year
AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear
|
332 | security |
CY2017Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
|
1338867000 | USD |
CY2017Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
|
9827000 | USD |
CY2018Q3 | us-gaap |
Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions1
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1
|
737 | security |
CY2018Q3 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
|
3105082000 | USD |
CY2017Q4 | us-gaap |
Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Greater Than Or Equal To One Year
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear
|
72 | security |
CY2017Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
|
262531000 | USD |
CY2017Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
6607000 | USD |
CY2017Q4 | us-gaap |
Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions1
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1
|
404 | security |
CY2017Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
|
1601398000 | USD |
CY2017Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
|
16434000 | USD |
us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
1700000 | USD | |
us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
|
0 | USD | |
us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
1000000.0 | USD | |
CY2018Q3 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
|
0 | USD |
CY2018Q3 | us-gaap |
Trading Securities
TradingSecurities
|
493956000 | USD |
CY2017Q4 | us-gaap |
Trading Securities
TradingSecurities
|
606434000 | USD |
us-gaap |
Repurchase Agreements Securities Lending Transactions And Repurchase To Maturity Transactions Accounted For As Secured Borrowings Description Of Potential Risks
RepurchaseAgreementsSecuritiesLendingTransactionsAndRepurchaseToMaturityTransactionsAccountedForAsSecuredBorrowingsDescriptionOfPotentialRisks
|
The Borrower generally may return the loaned securities to us at any time, which would require us to return the collateral within the standard settlement period for the loaned securities on the principal exchange or market in which the securities are traded. We manage this liquidity risk associated with cash collateral by maintaining the cash collateral in a short-term money-market fund with daily availability. The credit risk under these programs is reduced by the amounts of collateral received. On a daily basis, the value of the underlying securities that we have loaned to the Borrowers is compared to the value of cash and securities collateral we received from the Borrowers, and additional cash or securities are requested or returned, as applicable. In addition, we are indemnified against counterparty credit risk by the intermediary. | ||
CY2018Q3 | us-gaap |
Securities Loaned Amount Offset Against Collateral
SecuritiesLoanedAmountOffsetAgainstCollateral
|
0 | USD |
CY2018Q3 | us-gaap |
Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
|
11000 | USD |
CY2017Q3 | us-gaap |
Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
|
7000 | USD |
us-gaap |
Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
|
46000 | USD | |
us-gaap |
Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
|
25000 | USD | |
CY2018Q3 | rdn |
Realized Gains Losseson Investments Net
RealizedGainsLossesonInvestmentsNet
|
-4447000 | USD |
CY2017Q3 | rdn |
Realized Gains Losseson Investments Net
RealizedGainsLossesonInvestmentsNet
|
-32000 | USD |
rdn |
Realized Gains Losseson Investments Net
RealizedGainsLossesonInvestmentsNet
|
-8977000 | USD | |
rdn |
Realized Gains Losseson Investments Net
RealizedGainsLossesonInvestmentsNet
|
-9393000 | USD | |
CY2018Q3 | us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
900000 | USD |
CY2017Q3 | us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
0 | USD |
us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
1744000 | USD | |
us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
1000000 | USD | |
CY2018Q3 | us-gaap |
Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
|
1405000 | USD |
CY2017Q3 | us-gaap |
Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
|
2353000 | USD |
us-gaap |
Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
|
-17132000 | USD | |
us-gaap |
Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
|
14517000 | USD | |
CY2018Q3 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-3942000 | USD |
CY2017Q3 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
2321000 | USD |
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-27853000 | USD | |
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
4124000 | USD | |
CY2018Q3 | rdn |
Net Gains Losses On Other Financial Instruments
NetGainsLossesOnOtherFinancialInstruments
|
-538000 | USD |
CY2017Q3 | rdn |
Net Gains Losses On Other Financial Instruments
NetGainsLossesOnOtherFinancialInstruments
|
159000 | USD |
rdn |
Net Gains Losses On Other Financial Instruments
NetGainsLossesOnOtherFinancialInstruments
|
-2918000 | USD | |
rdn |
Net Gains Losses On Other Financial Instruments
NetGainsLossesOnOtherFinancialInstruments
|
836000 | USD | |
CY2018Q3 | rdn |
Net Gains Losseson Investmentsand Other Financial Instruments
NetGainsLossesonInvestmentsandOtherFinancialInstruments
|
-4480000 | USD |
CY2017Q3 | rdn |
Net Gains Losseson Investmentsand Other Financial Instruments
NetGainsLossesonInvestmentsandOtherFinancialInstruments
|
2480000 | USD |
rdn |
Net Gains Losseson Investmentsand Other Financial Instruments
NetGainsLossesonInvestmentsandOtherFinancialInstruments
|
-30771000 | USD | |
rdn |
Net Gains Losseson Investmentsand Other Financial Instruments
NetGainsLossesonInvestmentsandOtherFinancialInstruments
|
4960000 | USD | |
CY2018Q3 | rdn |
Changein Unrealized Holding Gain Loss
ChangeinUnrealizedHoldingGainLoss
|
349000 | USD |
CY2017Q3 | rdn |
Changein Unrealized Holding Gain Loss
ChangeinUnrealizedHoldingGainLoss
|
2694000 | USD |
rdn |
Changein Unrealized Holding Gain Loss
ChangeinUnrealizedHoldingGainLoss
|
-16268000 | USD | |
rdn |
Changein Unrealized Holding Gain Loss
ChangeinUnrealizedHoldingGainLoss
|
10011000 | USD | |
CY2018Q3 | us-gaap |
Deposit Assets
DepositAssets
|
88557000 | USD |
CY2018Q3 | us-gaap |
Federal Home Loan Bank Advances General Debt Obligations Disclosures Collateral Pledged1
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresCollateralPledged1
|
76600000 | USD |
CY2017Q4 | us-gaap |
Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
|
0 | USD |
CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
3461000 | USD |
CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
8146000 | USD |
CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
6827000 | USD |
CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
5413000 | USD |
CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
4881000 | USD |
CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
4430000 | USD |
CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
11627000 | USD |
CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
44785000 | USD |
us-gaap |
Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
|
P15Y | ||
CY2017Q4 | us-gaap |
Deposit Assets
DepositAssets
|
88557000 | USD |
CY2018Q3 | us-gaap |
Life Insurance Corporate Or Bank Owned Amount
LifeInsuranceCorporateOrBankOwnedAmount
|
82800000 | USD |
CY2017Q4 | us-gaap |
Life Insurance Corporate Or Bank Owned Amount
LifeInsuranceCorporateOrBankOwnedAmount
|
85862000 | USD |
CY2018Q3 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
51191000 | USD |
CY2017Q4 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
48751000 | USD |
CY2018Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
38060000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
38291000 | USD |
CY2018Q3 | us-gaap |
Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
|
34430000 | USD |
CY2017Q4 | us-gaap |
Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
|
31389000 | USD |
CY2018Q3 | us-gaap |
Securities Loaned Asset
SecuritiesLoanedAsset
|
34364000 | USD |
CY2017Q4 | us-gaap |
Securities Loaned Asset
SecuritiesLoanedAsset
|
27964000 | USD |
CY2018Q3 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
19580000 | USD |
CY2017Q4 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
22257000 | USD |
CY2018Q3 | us-gaap |
Deferred Policy Acquisition Costs
DeferredPolicyAcquisitionCosts
|
16922000 | USD |
CY2017Q4 | us-gaap |
Deferred Policy Acquisition Costs
DeferredPolicyAcquisitionCosts
|
16987000 | USD |
CY2018Q3 | us-gaap |
Reinsurance Recoverables On Paid And Unpaid Losses
ReinsuranceRecoverablesOnPaidAndUnpaidLosses
|
13542000 | USD |
CY2017Q4 | us-gaap |
Reinsurance Recoverables On Paid And Unpaid Losses
ReinsuranceRecoverablesOnPaidAndUnpaidLosses
|
8492000 | USD |
CY2018Q3 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
35826000 | USD |
CY2017Q4 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
39299000 | USD |
CY2018Q3 | us-gaap |
Other Assets
OtherAssets
|
415272000 | USD |
CY2017Q4 | us-gaap |
Other Assets
OtherAssets
|
407849000 | USD |
CY2018Q3 | us-gaap |
Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
|
57200000 | USD |
CY2017Q4 | us-gaap |
Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
|
48400000 | USD |
CY2018Q3 | us-gaap |
Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
|
2900000 | USD |
CY2017Q3 | us-gaap |
Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
|
2700000 | USD |
us-gaap |
Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
|
8600000 | USD | |
us-gaap |
Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
|
7900000 | USD | |
CY2018Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
61000000.0 | USD |
CY2017Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
57600000 | USD |
CY2018Q3 | us-gaap |
Depreciation
Depreciation
|
2100000 | USD |
CY2017Q3 | us-gaap |
Depreciation
Depreciation
|
1900000 | USD |
us-gaap |
Depreciation
Depreciation
|
5900000 | USD | |
us-gaap |
Depreciation
Depreciation
|
4900000 | USD | |
CY2018Q3 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
|
7000000.0 | USD |
CY2017Q4 | rdn |
Unearned Ceding Commissions
UnearnedCedingCommissions
|
89907000 | USD |
CY2018Q3 | us-gaap |
Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
|
71430000 | USD |
CY2017Q4 | us-gaap |
Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
|
0 | USD |
CY2018Q3 | us-gaap |
Accrued Salaries Current And Noncurrent
AccruedSalariesCurrentAndNoncurrent
|
48712000 | USD |
CY2017Q4 | us-gaap |
Accrued Salaries Current And Noncurrent
AccruedSalariesCurrentAndNoncurrent
|
67687000 | USD |
CY2018Q3 | rdn |
Payableforsecurities
Payableforsecurities
|
43076000 | USD |
CY2018Q3 | us-gaap |
Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
|
412460000 | USD |
CY2017Q4 | us-gaap |
Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
|
507588000 | USD |
us-gaap |
Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
|
The following table presents information relating to our mortgage insurance reserve for losses, including our IBNR reserve and LAE but excluding our Second-lien premium deficiency reserve, for the periods indicated:<div style="line-height:120%;padding-top:6px;padding-left:0px;text-indent:96px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span><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;width:71.15009746588694%;border-collapse:collapse;text-align:left;"><tr><td colspan="9"/></tr><tr><td style="width:59%;"/><td style="width:1%;"/><td style="width:16%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:16%;"/><td style="width:1%;"/><td style="width:4%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;">Nine Months Ended<br/>September 30,</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;text-decoration:underline;">(In thousands)</span></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;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></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;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Balance at beginning of period</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#dbe5f1;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#dbe5f1;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>507,588</span></span></div></td><td style="vertical-align:bottom;background-color:#dbe5f1;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>760,269</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-left:12px;text-indent:-12px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Less: Reinsurance recoverables </span><span style="font-family:inherit;font-size:7pt;font-weight:bold;">(1)</span><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#dbe5f1;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>8,350</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#dbe5f1;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>6,851</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Balance at beginning of period, net of reinsurance recoverables</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#dbe5f1;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>499,238</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#dbe5f1;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>753,418</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Add: Losses and LAE incurred in respect of default notices reported and unreported in:</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#dbe5f1;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Current year </span><span style="font-family:inherit;font-size:7pt;font-weight:bold;">(2)</span><span style="font-family:inherit;font-size:10pt;font-weight:bold;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#dbe5f1;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>100,047</span></span></div></td><td style="vertical-align:bottom;background-color:#dbe5f1;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>145,798</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Prior years </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#dbe5f1;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>(24,075</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#dbe5f1;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>(45,331</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Total incurred</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#dbe5f1;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>75,972</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#dbe5f1;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></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;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>100,467</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Deduct: Paid claims and LAE related to:</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#dbe5f1;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Current year </span><span style="font-family:inherit;font-size:7pt;font-weight:bold;">(2)</span><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#dbe5f1;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>2,316</span></span></div></td><td style="vertical-align:bottom;background-color:#dbe5f1;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>3,639</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Prior years</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#dbe5f1;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>173,911</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#dbe5f1;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>301,228</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Total paid</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#dbe5f1;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>176,227</span></span></div></td><td style="vertical-align:bottom;background-color:#dbe5f1;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>304,867</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">(3)</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Balance at end of period, net of reinsurance recoverables</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#dbe5f1;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>398,983</span></span></div></td><td style="vertical-align:bottom;background-color:#dbe5f1;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>549,018</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-left:12px;text-indent:-12px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Add: Reinsurance recoverables </span><span style="font-family:inherit;font-size:7pt;font-weight:bold;">(1)</span><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#dbe5f1;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>9,997</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#dbe5f1;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>7,470</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Balance at end of period</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#dbe5f1;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#dbe5f1;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>408,980</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#dbe5f1;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>556,488</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">______________________</span><span style="font-family:inherit;font-size:10pt;"> </span></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:30px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><span style="font-family:inherit;font-size:10pt;">(1)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Related to ceded losses recoverable, if any, on captive reinsurance transactions, the QSR Program and the Single Premium QSR Program. See Note </span><span style="font-family:inherit;font-size:10pt;">7</span><span style="font-family:inherit;font-size:10pt;"> for additional information.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:30px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><span style="font-family:inherit;font-size:10pt;">(2)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:10pt;"><span 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.</span></div></td></tr></table><div style="line-height:120%;font-size:10pt;padding-left:0px;"><span style="font-family:inherit;font-size:10pt;">(3)</span></div><span style="font-family:inherit;font-size:10pt;">Includes the payment of </span><span style="font-family:inherit;font-size:10pt;"><span>$54.8 million</span></span> made in connection with the scheduled final settlement of the Freddie Mac Agreement in the third quarter of 2017. | ||
CY2018Q3 | rdn |
Numberof Natural Disasters
NumberofNaturalDisasters
|
2 | incident |
CY2018Q3 | us-gaap |
Senior Notes
SeniorNotes
|
1029511000 | USD |
CY2017Q4 | us-gaap |
Senior Notes
SeniorNotes
|
1027074000 | USD |
CY2018Q3 | rdn |
Unearned Ceding Commissions
UnearnedCedingCommissions
|
92987000 | USD |
CY2017Q4 | rdn |
Payableforsecurities
Payableforsecurities
|
1000000 | USD |
CY2018Q3 | rdn |
Securities Lending Payable
SecuritiesLendingPayable
|
31799000 | USD |
CY2017Q4 | rdn |
Securities Lending Payable
SecuritiesLendingPayable
|
19357000 | USD |
CY2018Q3 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
11278000 | USD |
CY2017Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
96740000 | USD |
CY2018Q3 | us-gaap |
Other Sundry Liabilities
OtherSundryLiabilities
|
80080000 | USD |
CY2017Q4 | us-gaap |
Other Sundry Liabilities
OtherSundryLiabilities
|
79154000 | USD |
CY2018Q3 | us-gaap |
Other Liabilities
OtherLiabilities
|
379362000 | USD |
CY2017Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
353845000 | USD |
CY2018Q3 | us-gaap |
Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
|
71400000 | USD |
CY2018Q3 | us-gaap |
Federal Home Loan Bank Advances Weighted Average Interest Rate
FederalHomeLoanBankAdvancesWeightedAverageInterestRate
|
0.0249 | |
us-gaap |
Federal Home Loan Bank Advances Maturity Period Fixed Rate
FederalHomeLoanBankAdvancesMaturityPeriodFixedRate
|
P90D | ||
CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
46900000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
11500000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
5000000.0 | USD |
CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
8000000.0 | USD |
us-gaap |
Federal Home Loan Bank Advances Maturity Period Fixed Rate
FederalHomeLoanBankAdvancesMaturityPeriodFixedRate
|
P90D | ||
CY2018Q3 | us-gaap |
Federal Home Loan Bank Advances General Debt Obligations Disclosures Collateral Pledged1
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresCollateralPledged1
|
76600000 | USD |
CY2018Q3 | rdn |
Number Of States That Have Statutory Or Regulatory Risk Based Capital Requirement
NumberOfStatesThatHaveStatutoryOrRegulatoryRiskBasedCapitalRequirement
|
16 | state |
CY2018Q3 | rdn |
Risk To Capital Ratio Regulatory Maximum
RiskToCapitalRatioRegulatoryMaximum
|
25 |