XML 58 R7.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Net Cash Provided by (Used in) Operating Activities [Abstract]    
Net cash provided by (used in) operating activities, continuing operations $ 80us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $ (121,846)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Net cash used in operating activities, discontinued operations (12,168)us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations (15,164)us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
Net cash used in operating activities (12,088)us-gaap_NetCashProvidedByUsedInOperatingActivities (137,010)us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:    
Proceeds from sales of fixed-maturity investments available for sale 3,621us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities 1,742us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
Proceeds from sales of trading securities 69,915us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment 383,967us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
Proceeds from redemptions of fixed-maturity investments available for sale 5,502us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities 0us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
Proceeds from redemptions of fixed-maturity investments held to maturity 0us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities 300us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
Purchases of fixed-maturity investments available for sale (152,290)us-gaap_PaymentsToAcquireAvailableForSaleSecurities (71,173)us-gaap_PaymentsToAcquireAvailableForSaleSecurities
Sales (purchases) and redemptions of short-term investments, net 106,728us-gaap_PaymentsForProceedsFromShortTermInvestments (182,936)us-gaap_PaymentsForProceedsFromShortTermInvestments
Sales of other assets, net 632us-gaap_ProceedsFromSaleOfOtherProductiveAssets 640us-gaap_ProceedsFromSaleOfOtherProductiveAssets
Purchases of property and equipment, net (2,470)us-gaap_PaymentsForProceedsFromProductiveAssets (2,769)us-gaap_PaymentsForProceedsFromProductiveAssets
Acquisitions, net of cash acquired (6,449)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired 0us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Net cash provided by investing activities, continuing operations 25,189us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations 129,771us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Net cash provided by investing activities, discontinued operations 9,514us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations 4,681us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
Net cash provided by investing activities 34,703us-gaap_NetCashProvidedByUsedInInvestingActivities 134,452us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:    
Dividends paid (478)us-gaap_PaymentsOfDividendsCommonStock (433)us-gaap_PaymentsOfDividendsCommonStock
Excess tax benefits from stock-based awards 1,408us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 89us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Net cash provided by (used in) financing activities, continuing operations 930us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (344)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net cash provided by (used in) financing activities, discontinued operations 0us-gaap_CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations 0us-gaap_CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
Net cash provided by (used in) financing activities 930us-gaap_NetCashProvidedByUsedInFinancingActivities (344)us-gaap_NetCashProvidedByUsedInFinancingActivities
Effect of exchange rate changes on cash (46)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 7us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Increase (decrease) in cash 23,499rdn_CashandCashEquivalentsPeriodIncreaseDecreaseIncludingDiscontinuedOperations (2,895)rdn_CashandCashEquivalentsPeriodIncreaseDecreaseIncludingDiscontinuedOperations
Cash, beginning of period 30,465us-gaap_CashAndCashEquivalentsAtCarryingValue 22,880us-gaap_CashAndCashEquivalentsAtCarryingValue
Change in cash of business held for sale 3,240us-gaap_NetCashProvidedByUsedInDiscontinuedOperations (387)us-gaap_NetCashProvidedByUsedInDiscontinuedOperations
Cash, end of period 57,204us-gaap_CashAndCashEquivalentsAtCarryingValue 19,598us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosures of cash flow information:    
Income taxes (received) paid (41)us-gaap_IncomeTaxesPaidNet 1,592us-gaap_IncomeTaxesPaidNet
Interest paid $ 4,516us-gaap_InterestPaid $ 4,520us-gaap_InterestPaid