XML 57 R39.htm IDEA: XBRL DOCUMENT v3.5.0.2
Note 3 - Segment Reporting Schedule of Segment Reporting Information by Segment (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
USD ($)
Sep. 30, 2015
USD ($)
Sep. 30, 2016
USD ($)
segment
Sep. 30, 2015
USD ($)
Dec. 31, 2015
USD ($)
Segment Reporting Information [Line Items]          
Number of Operating Segments | segment     2    
Net premiums earned-insurance $ 238,149 $ 227,433 $ 688,184 $ 689,465  
Services revenue 43,096 42,189 112,990 116,322  
Net investment income 28,430 22,091 84,470 58,704  
Other income 3,497 1,711 8,835 4,785  
Provision for losses 55,785 64,192 148,501 141,780  
Policy acquisition costs 6,119 2,880 17,901 17,593  
Direct cost of services 26,704 24,949 73,311 67,722  
Other operating expenses before corporate allocations 64,862 65,082 189,531 186,587  
Net gains (losses) on investments and other financial instruments 7,711 3,868 69,524 49,095  
Total assets 6,049,827   6,049,827   $ 5,642,100
Mortgage Insurance Segment          
Segment Reporting Information [Line Items]          
Net premiums written—insurance [1] 240,999 242,168 499,662 735,158  
Decrease (increase) in unearned premiums (2,850) (14,735) 188,522 (45,693)  
Net premiums earned-insurance 238,149 227,433 688,184 689,465  
Net investment income 28,430 22,091 84,470 58,704  
Other income 3,511 1,711 8,850 4,785  
Total [2] 270,090 251,235 781,504 752,954  
Provision for losses 56,151 64,128 149,500 141,616  
Policy acquisition costs 6,119 2,880 17,901 17,593  
Other operating expenses before corporate allocations 38,081 36,632 108,036 112,535  
Total [3] 100,351 103,640 275,437 271,744  
Adjusted pretax operating income (loss) before corporate allocations 169,739 147,595 506,067 481,210  
Allocation of corporate operating expenses 11,911 14,893 35,526 37,167  
Allocation of interest expense 15,360 16,797 50,596 56,820  
Adjusted pretax operating income (loss) [4] 142,468 115,905 419,945 387,223  
Net gains (losses) on investments and other financial instruments 7,700 3,900 69,500 49,100  
Inter-segment expenses 718 925 2,023 2,919  
Total assets 5,686,726   5,686,726   5,281,597
Mortgage and Real Estate Services Segment [Member]          
Segment Reporting Information [Line Items]          
Services revenue [5] 43,800 43,114 114,998 119,241  
Direct cost of services 26,911 25,870 74,188 70,624  
Other operating expenses before corporate allocations 12,740 11,533 39,160 31,912  
Total 39,651 37,403 113,348 102,536  
Adjusted pretax operating income (loss) before corporate allocations 4,149 5,711 1,650 16,705  
Allocation of corporate operating expenses 2,265 1,567 6,795 3,855  
Allocation of interest expense 4,423 4,423 13,267 13,286  
Adjusted pretax operating income (loss) [4] (2,539) (279) (18,412) (436)  
Inter-segment revenues 718 $ 925 2,023 $ 2,919  
Total assets $ 363,101   $ 363,101   $ 360,503
[1] Net of ceded premiums written under the QSR Transactions and the Single Premium QSR Transaction. See Note 7 for additional information.
[2] Excludes net gains on investments and other financial instruments of $7.7 million and $69.5 million, respectively, for the three and nine months ended September 30, 2016, and $3.9 million and $49.1 million, respectively, for the three and nine months ended September 30, 2015, not included in adjusted pretax operating income.
[3] Includes inter-segment expenses as follows: Three Months EndedSeptember 30, Nine Months EndedSeptember 30,(In thousands)2016 2015 2016 2015Inter-segment expenses$718 $925 $2,023 $2,919
[4] Includes inter-segment expenses and revenues as listed in the notes to the preceding tables.
[5] Includes inter-segment revenues as follows: Three Months EndedSeptember 30, Nine Months EndedSeptember 30,(In thousands)2016 2015 2016 2015Inter-segment revenues$718 $925 $2,023 $2,919