2020 Q1 Form 10-Q Financial Statement
#000089092620000030 Filed on May 06, 2020
Income Statement
Concept | 2020 Q1 | 2019 Q1 |
---|---|---|
Revenue | $329.1M | $363.6M |
YoY Change | -9.5% | 24.71% |
Cost Of Revenue | $22.14M | $24.16M |
YoY Change | -8.35% | 4.46% |
Gross Profit | $306.9M | $339.5M |
YoY Change | -9.58% | 26.45% |
Gross Profit Margin | 93.27% | 93.36% |
Selling, General & Admin | ||
YoY Change | ||
% of Gross Profit | ||
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $7.413M | $2.100M |
YoY Change | 253.0% | 10.53% |
% of Gross Profit | 2.42% | 0.62% |
Operating Expenses | $147.8M | $147.5M |
YoY Change | 0.2% | -1.11% |
Operating Profit | $159.2M | $192.0M |
YoY Change | -17.1% | 60.9% |
Interest Expense | $12.19M | $15.70M |
YoY Change | -22.32% | 4.09% |
% of Operating Profit | 7.66% | 8.18% |
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | $181.3M | $216.1M |
YoY Change | -16.12% | 51.74% |
Income Tax | $40.83M | $45.18M |
% Of Pretax Income | 22.52% | 20.9% |
Net Earnings | $140.5M | $171.0M |
YoY Change | -17.84% | 49.33% |
Net Earnings / Revenue | 42.68% | 47.01% |
Basic Earnings Per Share | $0.70 | $0.80 |
Diluted Earnings Per Share | $0.70 | $0.78 |
COMMON SHARES | ||
Basic Shares Outstanding | 200.2M shares | 213.5M shares |
Diluted Shares Outstanding | 201.8M shares | 218.3M shares |
Balance Sheet
Concept | 2020 Q1 | 2019 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | ||
YoY Change | ||
Cash & Equivalents | $54.11M | $118.7M |
Short-Term Investments | ||
Other Short-Term Assets | ||
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $123.4M | $89.20M |
YoY Change | 38.34% | 11.36% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $28.13M | $39.53M |
YoY Change | -28.85% | -54.74% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $5.609B | $5.476B |
YoY Change | 2.43% | 17.3% |
Other Assets | $7.800M | $76.80M |
YoY Change | -89.84% | -70.57% |
Total Long-Term Assets | $6.567B | $6.510B |
YoY Change | 0.87% | 9.78% |
TOTAL ASSETS | ||
Total Short-Term Assets | $123.4M | $89.20M |
Total Long-Term Assets | $6.567B | $6.510B |
Total Assets | $6.690B | $6.600B |
YoY Change | 1.38% | 9.81% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | ||
YoY Change | ||
Accrued Expenses | $57.10M | $70.90M |
YoY Change | -19.46% | |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $57.10M | $96.10M |
YoY Change | -40.58% | -28.01% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $1.061B | $1.140B |
YoY Change | -6.88% | 8.19% |
Other Long-Term Liabilities | $291.2M | $214.8M |
YoY Change | 35.57% | -15.33% |
Total Long-Term Liabilities | $1.353B | $1.355B |
YoY Change | -0.15% | 3.63% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $57.10M | $96.10M |
Total Long-Term Liabilities | $1.353B | $1.355B |
Total Liabilities | $2.826B | $2.889B |
YoY Change | -2.2% | -2.31% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $2.505B | $1.890B |
YoY Change | 32.53% | 53.7% |
Common Stock | $2.232B | $2.698B |
YoY Change | -17.28% | -1.84% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $902.0M | $895.3M |
YoY Change | 0.75% | 0.13% |
Treasury Stock Shares | 17.98M shares | 17.68M shares |
Shareholders Equity | $3.865B | $3.710B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $6.690B | $6.600B |
YoY Change | 1.38% | 9.81% |
Cashflow Statement
Concept | 2020 Q1 | 2019 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $140.5M | $171.0M |
YoY Change | -17.84% | 49.33% |
Depreciation, Depletion And Amortization | $7.413M | $2.100M |
YoY Change | 253.0% | 10.53% |
Cash From Operating Activities | $155.8M | $217.8M |
YoY Change | -28.46% | 83.86% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $4.950M | $6.659M |
YoY Change | -25.66% | 41.62% |
Acquisitions | $0.00 | |
YoY Change | -100.0% | |
Other Investing Activities | -$2.347M | -$178.7M |
YoY Change | -98.69% | 55.39% |
Cash From Investing Activities | $31.99M | -$185.3M |
YoY Change | -117.26% | 54.79% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $224.9M | $31.41M |
YoY Change | 615.86% | 236.31% |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -$222.1M | -$11.68M |
YoY Change | 1801.41% | -133.23% |
NET CHANGE | ||
Cash From Operating Activities | $155.8M | $217.8M |
Cash From Investing Activities | $31.99M | -$185.3M |
Cash From Financing Activities | -$222.1M | -$11.68M |
Net Change In Cash | -$34.35M | $20.75M |
YoY Change | -265.52% | -38.71% |
FREE CASH FLOW | ||
Cash From Operating Activities | $155.8M | $217.8M |
Capital Expenditures | $4.950M | $6.659M |
Free Cash Flow | $150.9M | $211.1M |
YoY Change | -28.55% | 85.61% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2019Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
170957000 | USD |
CY2019Q4 | us-gaap |
Securities Received As Collateral
SecuritiesReceivedAsCollateral
|
25561000 | USD |
CY2020Q1 | us-gaap |
Securities Received As Collateral
SecuritiesReceivedAsCollateral
|
14808000 | USD |
CY2019Q4 | us-gaap |
Trading Securities Debt Amortized Cost
TradingSecuritiesDebtAmortizedCost
|
297505000 | USD |
CY2020Q1 | us-gaap |
Trading Securities Debt Amortized Cost
TradingSecuritiesDebtAmortizedCost
|
270551000 | USD |
CY2019Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
17959000 | shares |
CY2020Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
17977000 | shares |
CY2020Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2020Q1 | dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | |
CY2020Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2020-03-31 | |
CY2020Q1 | dei |
Document Transition Report
DocumentTransitionReport
|
false | |
CY2020Q1 | dei |
Entity File Number
EntityFileNumber
|
1-11356 | |
CY2020Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
Radian Group Inc | |
CY2020Q1 | dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
23-2691170 | |
CY2020Q1 | dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
1500 Market Street | |
CY2020Q1 | dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Philadelphia | |
CY2020Q1 | dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
PA | |
CY2020Q1 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
19102 | |
CY2020Q1 | dei |
City Area Code
CityAreaCode
|
215 | |
CY2020Q1 | dei |
Local Phone Number
LocalPhoneNumber
|
231-1000 | |
CY2020Q1 | dei |
Security12b Title
Security12bTitle
|
Common Stock, $0.001 par value per share | |
CY2020Q1 | dei |
Trading Symbol
TradingSymbol
|
RDN | |
CY2020Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2020Q1 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
CY2020Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
7817000 | USD |
CY2020Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
CY2020Q1 | dei |
Entity Small Business
EntitySmallBusiness
|
false | |
CY2020Q1 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
CY2020Q1 | dei |
Entity Shell Company
EntityShellCompany
|
false | |
CY2020Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
190387016 | shares |
CY2020Q1 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
4603613000 | USD |
CY2019Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
4688911000 | USD |
CY2020Q1 | us-gaap |
Investments
Investments
|
5608627000 | USD |
CY2019Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
3545000 | USD |
CY2020Q1 | us-gaap |
Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
|
123381000 | USD |
CY2019Q4 | us-gaap |
Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
|
93630000 | USD |
CY2020Q1 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
27208000 | USD |
CY2019Q4 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
28187000 | USD |
CY2020Q1 | us-gaap |
Prepaid Reinsurance Premiums
PrepaidReinsurancePremiums
|
356104000 | USD |
CY2019Q4 | us-gaap |
Prepaid Reinsurance Premiums
PrepaidReinsurancePremiums
|
363856000 | USD |
CY2020Q1 | us-gaap |
Other Assets
OtherAssets
|
513187000 | USD |
CY2019Q4 | us-gaap |
Other Assets
OtherAssets
|
567619000 | USD |
CY2020Q1 | us-gaap |
Assets
Assets
|
6690432000 | USD |
CY2019Q4 | us-gaap |
Assets
Assets
|
6808313000 | USD |
CY2020Q1 | us-gaap |
Unearned Premiums
UnearnedPremiums
|
605045000 | USD |
CY2019Q4 | us-gaap |
Unearned Premiums
UnearnedPremiums
|
626822000 | USD |
CY2020Q1 | us-gaap |
Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
|
418202000 | USD |
CY2020Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2020Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2020Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2020Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2020 | |
CY2020Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000890926 | |
CY2020Q1 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | |
CY2020Q1 | dei |
Security Exchange Name
SecurityExchangeName
|
NYSE | |
CY2019Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
68436000 | USD |
CY2020Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
67008000 | USD |
CY2019Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
4549534000 | USD |
CY2020Q1 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
4564616000 | USD |
CY2019Q4 | us-gaap |
Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
|
73498000 | USD |
CY2020Q1 | us-gaap |
Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
|
74601000 | USD |
CY2019Q4 | us-gaap |
Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
|
404765000 | USD |
CY2019Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.80 | |
CY2020Q1 | us-gaap |
Senior Notes
SeniorNotes
|
887584000 | USD |
CY2019Q4 | us-gaap |
Senior Notes
SeniorNotes
|
887110000 | USD |
CY2020Q1 | us-gaap |
Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
|
173760000 | USD |
CY2019Q4 | us-gaap |
Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
|
134875000 | USD |
CY2020Q1 | us-gaap |
Funds Held Under Reinsurance Agreements Liability
FundsHeldUnderReinsuranceAgreementsLiability
|
302551000 | USD |
CY2020Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.70 | |
CY2019Q4 | us-gaap |
Funds Held Under Reinsurance Agreements Liability
FundsHeldUnderReinsuranceAgreementsLiability
|
291829000 | USD |
CY2020Q1 | us-gaap |
Other Liabilities
OtherLiabilities
|
438782000 | USD |
CY2019Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
414189000 | USD |
CY2020Q1 | us-gaap |
Liabilities
Liabilities
|
2825924000 | USD |
CY2019Q4 | us-gaap |
Liabilities
Liabilities
|
2759590000 | USD |
CY2020Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2019Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2020Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
208000 | USD |
CY2019Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.0025 | |
CY2019Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.0025 | |
CY2019Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.0025 | |
CY2019Q4 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.0025 | |
CY2020Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.1250 | |
CY2019Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2020Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2019Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
485000000 | shares |
CY2020Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
485000000 | shares |
CY2019Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
219000 | USD |
CY2019Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
219123000 | shares |
CY2020Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
208364000 | shares |
CY2019Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.78 | |
CY2019Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
201164000 | shares |
CY2020Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
190387000 | shares |
CY2020Q1 | us-gaap |
Trading Securities Debt
TradingSecuritiesDebt
|
287270000 | USD |
CY2019Q4 | us-gaap |
Trading Securities Debt
TradingSecuritiesDebt
|
317150000 | USD |
CY2020Q1 | us-gaap |
Equity Securities Fv Ni
EquitySecuritiesFvNi
|
74853000 | USD |
CY2019Q4 | us-gaap |
Equity Securities Fv Ni
EquitySecuritiesFvNi
|
130221000 | USD |
CY2020Q1 | us-gaap |
Other Short Term Investments
OtherShortTermInvestments
|
638760000 | USD |
CY2019Q4 | us-gaap |
Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
|
125311000 | USD |
CY2020Q1 | us-gaap |
Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
|
86456000 | USD |
CY2019Q4 | us-gaap |
Other Short Term Investments
OtherShortTermInvestments
|
518393000 | USD |
CY2020Q1 | us-gaap |
Other Investments
OtherInvestments
|
4131000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
140461000 | USD |
CY2019Q4 | us-gaap |
Other Investments
OtherInvestments
|
4072000 | USD |
CY2020Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
902024000 | USD |
CY2019Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
901657000 | USD |
CY2019Q4 | us-gaap |
Investments
Investments
|
5658747000 | USD |
CY2020Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
54108000 | USD |
CY2019Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
92729000 | USD |
CY2020Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
2231670000 | USD |
CY2019Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
2449884000 | USD |
CY2020Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
2504853000 | USD |
CY2019Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
2389789000 | USD |
CY2020Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
29801000 | USD |
CY2019Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
110488000 | USD |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3864508000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4048723000 | USD |
CY2020Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
6690432000 | USD |
CY2019Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
6808313000 | USD |
CY2020Q1 | us-gaap |
Premiums Earned Net
PremiumsEarnedNet
|
277415000 | USD |
CY2019Q1 | us-gaap |
Premiums Earned Net
PremiumsEarnedNet
|
263512000 | USD |
CY2020Q1 | rdn |
Services Revenue Net
ServicesRevenueNet
|
31927000 | USD |
CY2019Q1 | rdn |
Services Revenue Net
ServicesRevenueNet
|
32753000 | USD |
CY2020Q1 | us-gaap |
Net Investment Income
NetInvestmentIncome
|
40944000 | USD |
CY2019Q1 | us-gaap |
Net Investment Income
NetInvestmentIncome
|
43847000 | USD |
CY2020Q1 | rdn |
Net Gains Losseson Investmentsand Other Financial Instruments
NetGainsLossesonInvestmentsandOtherFinancialInstruments
|
-22027000 | USD |
CY2019Q1 | rdn |
Net Gains Losseson Investmentsand Other Financial Instruments
NetGainsLossesonInvestmentsandOtherFinancialInstruments
|
21913000 | USD |
CY2020Q1 | us-gaap |
Other Income
OtherIncome
|
822000 | USD |
CY2019Q1 | us-gaap |
Other Income
OtherIncome
|
1604000 | USD |
CY2020Q1 | us-gaap |
Revenues
Revenues
|
329081000 | USD |
CY2019Q1 | us-gaap |
Revenues
Revenues
|
363629000 | USD |
CY2020Q1 | us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
35951000 | USD |
CY2019Q1 | us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
20754000 | USD |
CY2020Q1 | us-gaap |
Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
|
7413000 | USD |
CY2019Q1 | us-gaap |
Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
|
5893000 | USD |
CY2020Q1 | rdn |
Costof Services Real Estate
CostofServicesRealEstate
|
22141000 | USD |
CY2019Q1 | rdn |
Costof Services Real Estate
CostofServicesRealEstate
|
24157000 | USD |
CY2020Q1 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
69110000 | USD |
CY2019Q1 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
78805000 | USD |
CY2020Q1 | us-gaap |
Interest Expense
InterestExpense
|
12194000 | USD |
CY2019Q1 | us-gaap |
Interest Expense
InterestExpense
|
15697000 | USD |
CY2020Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
979000 | USD |
CY2019Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2187000 | USD |
CY2020Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
147788000 | USD |
CY2019Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
147493000 | USD |
CY2020Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
181293000 | USD |
CY2019Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
216136000 | USD |
CY2020Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
40832000 | USD |
CY2019Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
45179000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
140461000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
170957000 | USD |
CY2020Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.70 | |
CY2020Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
200161000 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
213537000 | shares |
CY2020Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
201819000 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
218343000 | shares |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
140461000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
170957000 | USD |
CY2020Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-72293000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
78023000 | USD |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
8394000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
-391000 | USD |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-80687000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
78414000 | USD |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-80687000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
78414000 | USD |
CY2020Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
59774000 | USD |
CY2019Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
249371000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
155800000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
217778000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
533019000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
435709000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
|
9936000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
|
70083000 | USD |
CY2020Q1 | rdn |
Proceedsfrom Saleof Equity Securities
ProceedsfromSaleofEquitySecurities
|
59339000 | USD |
CY2019Q1 | rdn |
Proceedsfrom Saleof Equity Securities
ProceedsfromSaleofEquitySecurities
|
33278000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
151559000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
79915000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Maturities Repayments And Calls Of Trading Securities Heldforinvestment
ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment
|
16427000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Maturities Repayments And Calls Of Trading Securities Heldforinvestment
ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment
|
23293000 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
619024000 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
275531000 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
60309000 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
19767000 | USD |
CY2020Q1 | us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
72220000 | USD |
CY2019Q1 | us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
526013000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
|
2347000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
|
349000 | USD |
CY2020Q1 | rdn |
Net Cash Received Transferred In Sale Of Subsidiaries
NetCashReceivedTransferredInSaleOfSubsidiaries
|
15869000 | USD |
CY2019Q1 | rdn |
Net Cash Received Transferred In Sale Of Subsidiaries
NetCashReceivedTransferredInSaleOfSubsidiaries
|
0 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
4950000 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
6659000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
31993000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-185343000 | USD |
CY2020Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
226305000 | USD |
CY2019Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
31774000 | USD |
CY2020Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
25138000 | USD |
CY2019Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
534000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1447000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
363000 | USD |
CY2020Q1 | rdn |
Lineof Credit Facility Paymentof Commitment Fees
LineofCreditFacilityPaymentofCommitmentFees
|
237000 | USD |
CY2020Q1 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
39000 | USD |
CY2019Q1 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
38000 | USD |
CY2019Q1 | rdn |
Lineof Credit Facility Paymentof Commitment Fees
LineofCreditFacilityPaymentofCommitmentFees
|
234000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Securities Lending Payable
IncreaseDecreaseInSecuritiesLendingPayable
|
-2854000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Securities Lending Payable
IncreaseDecreaseInSecuritiesLendingPayable
|
21534000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Short Term Debt Maturing In More Than Three Months
ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths
|
59995000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Short Term Debt Maturing In More Than Three Months
ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths
|
6000000 | USD |
CY2020Q1 | us-gaap |
Repayments Of Short Term Debt Maturing In More Than Three Months
RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths
|
29011000 | USD |
CY2019Q1 | us-gaap |
Repayments Of Short Term Debt Maturing In More Than Three Months
RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths
|
7000000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-222142000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-11683000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-34349000 | USD |
CY2019Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
20752000 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
96274000 | USD |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
107002000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
61925000 | USD |
CY2019Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
127754000 | USD |
CY2020Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | segment |
CY2020Q1 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
Certain prior period amounts have been reclassified to conform to current period presentation. | |
CY2020Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<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;">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.</span></div> | |
CY2020Q1 | us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<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;">Accounting Standards Not Yet Adopted. </span><span style="font-family:inherit;font-size:10pt;">In August 2018, the FASB issued ASU 2018-12, Financial Services—Insurance. 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, 2021, including interim periods within those fiscal years. Early adoption is permitted. We are currently evaluating the impact on our financial statements and future disclosures as a result of this update.</span></div> | |
CY2020Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
140461000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
170957000 | USD |
CY2020Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
200161000 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
213537000 | shares |
CY2020Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1658000 | shares |
CY2019Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
4806000 | shares |
CY2020Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
201819000 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
218343000 | shares |
CY2020Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.70 | |
CY2019Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.80 | |
CY2020Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.70 | |
CY2019Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.78 | |
CY2020Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | segment |
CY2020Q1 | rdn |
Operating Income Loss Pre Tax Non Gaap
OperatingIncomeLossPreTaxNonGAAP
|
200800000 | USD |
CY2019Q1 | rdn |
Operating Income Loss Pre Tax Non Gaap
OperatingIncomeLossPreTaxNonGAAP
|
199706000 | USD |
CY2020Q1 | rdn |
Net Gains Losseson Investmentsand Other Financial Instruments
NetGainsLossesonInvestmentsandOtherFinancialInstruments
|
-22027000 | USD |
CY2019Q1 | rdn |
Net Gains Losseson Investmentsand Other Financial Instruments
NetGainsLossesonInvestmentsandOtherFinancialInstruments
|
21913000 | USD |
CY2020Q1 | rdn |
Increase Decreasein Goodwilland Intangible Assets
IncreaseDecreaseinGoodwillandIntangibleAssets
|
979000 | USD |
CY2019Q1 | rdn |
Increase Decreasein Goodwilland Intangible Assets
IncreaseDecreaseinGoodwillandIntangibleAssets
|
2187000 | USD |
CY2020Q1 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
300000 | USD |
CY2019Q1 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
5660000 | USD |
CY2020Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
181293000 | USD |
CY2019Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
216136000 | USD |
CY2020Q1 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
|
151561000 | USD |
CY2020Q1 | rdn |
Net Gains Losseson Investmentsand Other Financial Instruments
NetGainsLossesonInvestmentsandOtherFinancialInstruments
|
-22027000 | USD |
CY2019Q1 | rdn |
Net Gains Losseson Investmentsand Other Financial Instruments
NetGainsLossesonInvestmentsandOtherFinancialInstruments
|
21913000 | USD |
CY2020Q1 | us-gaap |
Revenues
Revenues
|
329081000 | USD |
CY2019Q1 | us-gaap |
Revenues
Revenues
|
363629000 | USD |
CY2020Q1 | rdn |
Services Revenue Net
ServicesRevenueNet
|
31927000 | USD |
CY2019Q1 | rdn |
Services Revenue Net
ServicesRevenueNet
|
32753000 | USD |
CY2020Q1 | us-gaap |
Available For Sale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Less Than One Year
AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear
|
395 | security |
CY2020Q1 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
|
1492967000 | USD |
CY2020Q1 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
|
90490000 | USD |
CY2020Q1 | us-gaap |
Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Greater Than Or Equal To One Year
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear
|
38 | security |
CY2020Q1 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
14041000 | USD |
CY2020Q1 | us-gaap |
Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions1
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1
|
433 | security |
CY2020Q1 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
|
1644528000 | USD |
CY2020Q1 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
|
104531000 | USD |
CY2019Q4 | us-gaap |
Available For Sale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Less Than One Year
AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear
|
154 | security |
CY2019Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
|
660883000 | USD |
CY2019Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
|
4183000 | USD |
CY2019Q4 | us-gaap |
Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Greater Than Or Equal To One Year
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear
|
70 | security |
CY2019Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
|
254728000 | USD |
CY2019Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
4145000 | USD |
CY2019Q4 | us-gaap |
Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions1
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1
|
224 | security |
CY2019Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
|
915611000 | USD |
CY2019Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
|
8328000 | USD |
CY2020Q1 | rdn |
Realized Gains Losseson Investments Net
RealizedGainsLossesonInvestmentsNet
|
11639000 | USD |
CY2019Q1 | rdn |
Realized Gains Losseson Investments Net
RealizedGainsLossesonInvestmentsNet
|
-1687000 | USD |
CY2020Q1 | us-gaap |
Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
|
-26845000 | USD |
CY2019Q1 | us-gaap |
Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
|
19469000 | USD |
CY2020Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-15828000 | USD |
CY2019Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
17782000 | USD |
CY2020Q1 | rdn |
Changein Unrealized Holding Gain Loss
ChangeinUnrealizedHoldingGainLoss
|
-25250000 | USD |
CY2019Q1 | rdn |
Changein Unrealized Holding Gain Loss
ChangeinUnrealizedHoldingGainLoss
|
16506000 | USD |
CY2020Q1 | us-gaap |
Direct Premiums Written
DirectPremiumsWritten
|
279482000 | USD |
CY2019Q1 | us-gaap |
Direct Premiums Written
DirectPremiumsWritten
|
261031000 | USD |
CY2020Q1 | us-gaap |
Assumed Premiums Written
AssumedPremiumsWritten
|
3451000 | USD |
CY2019Q1 | us-gaap |
Assumed Premiums Written
AssumedPremiumsWritten
|
2445000 | USD |
CY2020Q1 | us-gaap |
Ceded Premiums Written
CededPremiumsWritten
|
19543000 | USD |
CY2019Q1 | us-gaap |
Ceded Premiums Written
CededPremiumsWritten
|
10156000 | USD |
CY2020Q1 | us-gaap |
Premiums Written Net
PremiumsWrittenNet
|
263390000 | USD |
CY2019Q1 | us-gaap |
Premiums Written Net
PremiumsWrittenNet
|
253320000 | USD |
CY2020Q1 | us-gaap |
Direct Premiums Earned
DirectPremiumsEarned
|
301254000 | USD |
CY2019Q1 | us-gaap |
Direct Premiums Earned
DirectPremiumsEarned
|
280223000 | USD |
CY2020Q1 | us-gaap |
Assumed Premiums Earned
AssumedPremiumsEarned
|
3456000 | USD |
CY2019Q1 | us-gaap |
Assumed Premiums Earned
AssumedPremiumsEarned
|
2450000 | USD |
CY2020Q1 | us-gaap |
Ceded Premiums Earned
CededPremiumsEarned
|
27295000 | USD |
CY2019Q1 | us-gaap |
Ceded Premiums Earned
CededPremiumsEarned
|
19161000 | USD |
CY2020Q1 | us-gaap |
Premiums Earned Net
PremiumsEarnedNet
|
277415000 | USD |
CY2019Q1 | us-gaap |
Premiums Earned Net
PremiumsEarnedNet
|
263512000 | USD |
CY2020Q1 | rdn |
Ceding Commissions Earned
CedingCommissionsEarned
|
9966000 | USD |
CY2019Q1 | rdn |
Ceding Commissions Earned
CedingCommissionsEarned
|
8685000 | USD |
CY2020Q1 | us-gaap |
Reinsurance Effect On Claims And Benefits Incurred Amount Ceded
ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountCeded
|
1962000 | USD |
CY2019Q1 | us-gaap |
Reinsurance Effect On Claims And Benefits Incurred Amount Ceded
ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountCeded
|
1687000 | USD |
CY2020Q1 | rdn |
Unearned Ceding Commissions
UnearnedCedingCommissions
|
71600000 | USD |
CY2019Q1 | rdn |
Unearned Ceding Commissions
UnearnedCedingCommissions
|
88100000 | USD |
CY2020Q1 | rdn |
Funds Held Under Reinsurance Agreements Off Balance Sheet Asset
FundsHeldUnderReinsuranceAgreementsOffBalanceSheetAsset
|
221800000 | USD |
CY2019Q4 | rdn |
Funds Held Under Reinsurance Agreements Off Balance Sheet Asset
FundsHeldUnderReinsuranceAgreementsOffBalanceSheetAsset
|
203200000 | USD |
CY2020Q1 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
134800000 | USD |
CY2019Q4 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
134800000 | USD |
CY2020Q1 | us-gaap |
Life Insurance Corporate Or Bank Owned Amount
LifeInsuranceCorporateOrBankOwnedAmount
|
104141000 | USD |
CY2019Q4 | us-gaap |
Life Insurance Corporate Or Bank Owned Amount
LifeInsuranceCorporateOrBankOwnedAmount
|
105721000 | USD |
CY2020Q1 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
59790000 | USD |
CY2019Q4 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
58356000 | USD |
CY2020Q1 | us-gaap |
Securities Loaned Asset
SecuritiesLoanedAsset
|
47520000 | USD |
CY2019Q4 | us-gaap |
Securities Loaned Asset
SecuritiesLoanedAsset
|
66442000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
35837000 | USD |
CY2019Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
37866000 | USD |
CY2020Q1 | us-gaap |
Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
|
32559000 | USD |
CY2019Q4 | us-gaap |
Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
|
32333000 | USD |
CY2020Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
28125000 | USD |
CY2019Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
29523000 | USD |
CY2020Q1 | us-gaap |
Deferred Policy Acquisition Costs
DeferredPolicyAcquisitionCosts
|
20855000 | USD |
CY2019Q4 | us-gaap |
Deferred Policy Acquisition Costs
DeferredPolicyAcquisitionCosts
|
20759000 | USD |
CY2020Q1 | us-gaap |
Reinsurance Recoverables On Paid And Unpaid Losses
ReinsuranceRecoverablesOnPaidAndUnpaidLosses
|
17722000 | USD |
CY2019Q4 | us-gaap |
Reinsurance Recoverables On Paid And Unpaid Losses
ReinsuranceRecoverablesOnPaidAndUnpaidLosses
|
16976000 | USD |
CY2020Q1 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
5130000 | USD |
CY2019Q4 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
13772000 | USD |
CY2020Q1 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group Other
AssetsHeldForSaleNotPartOfDisposalGroupOther
|
0 | USD |
CY2019Q4 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group Other
AssetsHeldForSaleNotPartOfDisposalGroupOther
|
24908000 | USD |
CY2020Q1 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
26708000 | USD |
CY2019Q4 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
26163000 | USD |
CY2020Q1 | us-gaap |
Other Assets
OtherAssets
|
513187000 | USD |
CY2019Q4 | us-gaap |
Other Assets
OtherAssets
|
567619000 | USD |
CY2020Q1 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
90500000 | USD |
CY2019Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
71100000 | USD |
CY2020Q1 | us-gaap |
Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
|
418202000 | USD |
CY2019Q4 | us-gaap |
Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
|
404765000 | USD |
CY2020Q1 | us-gaap |
Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
|
<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;">The following table presents information relating to our mortgage insurance reserve for losses, including our IBNR reserve and LAE, but excluding our second-lien mortgage loan premium deficiency reserve, for the periods indicated:</span></div><div style="line-height:120%;padding-top:6px;text-align:left;padding-left:0px;text-indent:0px;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;width:76.0233918128655%;border-collapse:collapse;text-align:left;"><tr><td colspan="8"/></tr><tr><td style="width:71%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><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="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;">Three Months Ended<br/>March 31,</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;background-color:#bec7cc;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;">2020</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;">2019</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:#bec7cc;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:#bec7cc;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>401,273</span></span></div></td><td style="vertical-align:bottom;background-color:#bec7cc;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>397,891</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: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:#bec7cc;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>14,594</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#bec7cc;"><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>11,009</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></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:#bec7cc;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>386,679</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#bec7cc;"><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>386,882</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></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:#bec7cc;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></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:#bec7cc;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>41,242</span></span></div></td><td style="vertical-align:bottom;background-color:#bec7cc;"><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>38,922</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: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:#bec7cc;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>(5,876</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#bec7cc;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>(18,173</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></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:#bec7cc;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>35,366</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#bec7cc;"><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>20,749</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></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:#bec7cc;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></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:#bec7cc;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>—</span></span></div></td><td style="vertical-align:bottom;background-color:#bec7cc;"><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>295</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: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:#bec7cc;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>23,391</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#bec7cc;"><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>34,294</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></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:#bec7cc;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>23,391</span></span></div></td><td style="vertical-align:bottom;background-color:#bec7cc;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>34,589</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: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:#bec7cc;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>398,654</span></span></div></td><td style="vertical-align:bottom;background-color:#bec7cc;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>373,042</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: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:#bec7cc;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>16,024</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#bec7cc;"><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>12,319</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></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:#bec7cc;"><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:#bec7cc;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>414,678</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#bec7cc;"><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>385,361</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></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 reinsurance transactions. 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><div style="line-height:120%;font-size:10pt;padding-left:0px;"><span style="font-family:inherit;font-size:10pt;">(2)</span></div><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> | |
CY2020Q1 | us-gaap |
Federal Home Loan Bank Advances Maturity Period Fixed Rate
FederalHomeLoanBankAdvancesMaturityPeriodFixedRate
|
P90D | |
CY2020Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
2244000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
2319000 | USD |
CY2020Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
11000 | USD |
CY2019Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
23000 | USD |
CY2020Q1 | us-gaap |
Lease Cost
LeaseCost
|
2255000 | USD |
CY2019Q1 | us-gaap |
Lease Cost
LeaseCost
|
2342000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
2574000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
2637000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
35837000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
57097000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P9Y9M18D | |
CY2020Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0681 | |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
7567000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
9299000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
9474000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
9593000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
9316000 | USD |
CY2020Q1 | rdn |
Lessee Operating Lease Liability Payments Due Year Fiveand Thereafter
LesseeOperatingLeaseLiabilityPaymentsDueYearFiveandThereafter
|
44350000 | USD |
CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
89599000 | USD |
CY2020Q1 | rdn |
Lessee Operating Lease Imputed Interest
LesseeOperatingLeaseImputedInterest
|
32502000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
57097000 | USD |
CY2020Q1 | rdn |
Common Stock Dividends Announced
CommonStockDividendsAnnounced
|
0.125 |