XML 141 R110.htm IDEA: XBRL DOCUMENT v3.3.1.900
Schedule II Financial Information of Registrant Parent Company Balance Sheet (Details) - USD ($)
$ / shares in Units, $ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Assets        
Fixed-maturities available for sale—at fair value (amortized cost $1,893,356 and $528,660) $ 1,865,461 $ 536,890    
Equity securities available for sale—at fair value (cost $75,538 and $76,900) 75,430 143,368    
Trading securities—at fair value 1,279,137 1,633,584    
Other short-term investments 1,076,944 1,300,872    
Cash 46,898 30,465 $ 22,880 $ 29,408
Restricted cash 13,000 14,031    
Investment in subsidiaries, at equity in net assets 2,900,000      
Property and equipment, at cost (less accumulated depreciation of $51,567 and $50,648) [1] 46,802 27,248    
Other assets (Note H) 354,420 357,864    
Assets held for sale 0 1,736,444 [2]    
Total assets 5,642,100 6,842,336    
LIABILITIES AND STOCKHOLDERS’ EQUITY        
Long-term debt (Note 11) 1,219,454 1,192,299    
Other liabilities 269,016 326,743    
Liabilities held for sale 0 947,008    
Total liabilities 3,145,169 4,670,586    
Common stock: par value $.001 per share; 485,000,000 shares authorized at December 31, 2015 and 2014; 224,432,465 and 208,601,020 shares issued at December 31, 2015 and 2014, respectively; 206,871,768 and 191,053,530 shares outstanding at December 31, 2015 and 2014, respectively 224 209    
Treasury stock, at cost: 17,560,697 and 17,547,490 shares at December 31, 2015 and 2014, respectively (893,176) (892,961)    
Additional paid-in capital 2,716,618 2,531,513    
Retained earnings 691,742 406,814    
Accumulated other comprehensive (loss) income (“AOCI”) (Note 12) (18,477) 51,485    
Total common stockholders’ equity 2,496,931 2,097,060    
Balance Sheet Parentheticals [Abstract]        
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment $ 106,900 $ 100,200    
Common Stock, Par or Stated Value Per Share $ 0.001 $ 0.001    
Common Stock, Shares Authorized 485,000,000 485,000,000    
Common Stock, Shares, Issued 224,432,465 208,601,020    
Common Stock, Shares, Outstanding 206,871,768 191,053,530    
Treasury Stock, Shares 17,560,697 17,547,490    
Investments $ 4,298,686 $ 3,629,299    
Parent Company        
Condensed Financial Statements, Captions [Line Items]        
Notes Receivable, Related Parties 300,000 300,000    
Assets        
Fixed-maturities available for sale—at fair value (amortized cost $1,893,356 and $528,660) 41,176 0    
Equity securities available for sale—at fair value (cost $75,538 and $76,900) 25,510 0    
Trading securities—at fair value 5,482 5,447    
Other short-term investments 158,658 631,934    
Cash 3,301 1,951 $ 4,304 $ 2,978
Restricted cash 124 124    
Investment in subsidiaries, at equity in net assets 3,001,846 2,746,915    
Accounts and Notes Receivable, Net 631,636 305,856    
Other assets (Note H) 124,983 31,394    
Assets held for sale 0 18,027    
Total assets 3,992,716 3,741,648    
LIABILITIES AND STOCKHOLDERS’ EQUITY        
Long-term debt (Note 11) 1,219,454 1,192,299    
Federal income taxes—current and deferred 229,939 262,583    
Other liabilities 46,392 96,989    
Liabilities held for sale 0 18,027    
Total liabilities 1,495,785 1,569,898    
Equity component of currently redeemable convertible senior notes (Note 11) 0 74,690    
Common stock: par value $.001 per share; 485,000,000 shares authorized at December 31, 2015 and 2014; 224,432,465 and 208,601,020 shares issued at December 31, 2015 and 2014, respectively; 206,871,768 and 191,053,530 shares outstanding at December 31, 2015 and 2014, respectively 224 209    
Treasury stock, at cost: 17,560,697 and 17,547,490 shares at December 31, 2015 and 2014, respectively (893,176) (892,961)    
Additional paid-in capital 2,716,618 2,531,513    
Retained earnings 691,742 406,814    
Accumulated other comprehensive (loss) income (“AOCI”) (Note 12) (18,477) 51,485    
Total common stockholders’ equity 2,496,931 2,097,060    
Total liabilities and stockholders’ equity 3,992,716 3,741,648    
Balance Sheet Parentheticals [Abstract]        
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment $ 0 $ 50,648    
Common Stock, Par or Stated Value Per Share $ 0.001 $ 0.001    
Common Stock, Shares Authorized 485,000,000 485,000,000    
Common Stock, Shares, Issued 0 208,601,020    
Common Stock, Shares, Outstanding 0 191,053,530    
Treasury Stock, Shares 0 17,547,490    
Investments $ 230,826 $ 637,381    
[1] Property and equipment, at cost less accumulated depreciation of $106.9 million and $100.2 million at December 31, 2015 and 2014, respectively.
[2] Assets held for sale are not part of the Mortgage Insurance or Services segments.