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Financial Guaranty Insurance Contracts (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Dec. 31, 2011
Effect of Retrospective Application of New Deferred Acquisition Cost Guidance      
Deferred acquisition costs $ 129,015   $ 132,418
Retained earnings 1,208,380   1,707,922
Amortization of deferred acquisition costs 5,413 3,662 0
Other operating expenses 61,280 62,883  
Total expenses 338,213 65,725 0
Income (loss) before provision for income taxes (695,619) 213,188  
Total provision (benefit) for income taxes (212,595) 73,932  
Net income (loss) (483,024) 139,256 0
Earnings per share:      
Basic (in dollars per share) $ (2.65) $ 0.76 $ 0.00
Diluted (in dollars per share) $ (2.65) $ 0.74 $ 0.00
As Reported
     
Effect of Retrospective Application of New Deferred Acquisition Cost Guidance      
Amortization of deferred acquisition costs   7,400  
Other operating expenses   56,800  
Total expenses   63,500  
Income (loss) before provision for income taxes   215,500  
Total provision (benefit) for income taxes   74,900  
Net income (loss)   140,600  
Earnings per share:      
Basic (in dollars per share)   $ 0.76  
Diluted (in dollars per share)   $ 0.74  
Retrospective Application of New Deferred Acquisition Cost Guidance | Retroactive Application Adjustment
     
Effect of Retrospective Application of New Deferred Acquisition Cost Guidance      
Deferred acquisition costs     (94,400)
Retained earnings     (64,000)
Amortization of deferred acquisition costs   (3,700)  
Other operating expenses   6,000  
Total expenses   2,300  
Income (loss) before provision for income taxes   (2,300)  
Total provision (benefit) for income taxes   (1,000)  
Net income (loss)   $ (1,300)  
Earnings per share:      
Diluted (in dollars per share)   $ (0.0001)