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Note 20 - Quarterly Financial Data (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2016
[1]
Sep. 30, 2016
[1]
Jun. 30, 2016
[1]
Mar. 31, 2016
[1]
Dec. 31, 2015
[1]
Sep. 30, 2015
[1]
Jun. 30, 2015
[1]
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
[1]
Dec. 31, 2014
Net premiums earned—insurance $ 233,585 $ 238,149 $ 229,085 $ 220,950 $ 226,443 $ 227,433 $ 237,437 $ 224,595 [1] $ 921,769 $ 915,908 $ 844,528
Services revenue 49,905 45,877 40,263 32,849 38,338 [2] 43,185 [2] 44,558 [2] 31,135 [1],[2] 168,894 157,216 [2] 77,951
Net investment income 28,996 28,430 28,839 27,201 22,833 22,091 19,285 17,328 [1] 113,466 81,537 65,655
Net gains (losses) on investments and other financial instruments (38,773) 7,711 30,527 31,286 (13,402) 3,868 28,448 16,779 [1] 30,751 35,693 79,989
Provision for losses 54,287 55,785 49,725 42,991 56,805 64,192 32,560 45,028 [1] 202,788 198,585 246,083
Policy acquisition costs 5,579 6,119 5,393 6,389 4,831 2,880 6,963 7,750 [1] 23,480 22,424 24,446
Cost of services 33,812 29,447 27,365 23,550 23,187 26,018 25,326 19,184 [1] 114,174 93,715 44,679
Other operating expenses 62,416 62,119 63,173 57,188 58,624 64,013 65,925 53,843 [1] 244,896 242,405 251,209
Loss on induced conversion and debt extinguishment 0 (17,397) (2,108) (55,570) (2,320) (11) (91,876) 0 [1] (75,075) (94,207) 0
Amortization and impairment of intangible assets 3,290 3,292 3,311 3,328 3,409 3,273 3,281 3,023 [1] 13,221 12,986 8,648
Income (Loss) from Continuing Operations Attributable to Parent         74,528 70,091 45,193 91,727 [1] 308,253 281,539 1,259,574
Income (loss) from discontinued operations, net of tax         0 [3] 0 [3] 4,855 [3] 530 [1],[3] 0 5,385 [3] (300,057)
Net income $ 61,089 $ 82,803 $ 98,112 $ 66,249 $ 74,528 $ 70,091 $ 50,048 $ 92,257 [1] $ 308,253 $ 286,924 $ 959,517
Net (loss) income per share—diluted $ 0.27 [4] $ 0.37 [4] $ 0.44 [4] $ 0.29 [4] $ 0.32 [4] $ 0.29 [4] $ 0.22 [4] $ 0.39 [1],[4] $ 1.37 [1],[4] $ 1.22 [4] $ 4.16
Weighted-average number of common and common equivalent shares outstanding—diluted 224,776 225,968 226,203 239,707 247,981 250,795 246,650 243,048 [1] 229,258 [1] 246,332 233,902
Reclass of Line of Business [Member]                      
Services revenue               $ 100      
[1] For all periods presented, reflects changes to align our segment reporting structure with recent changes in personnel reporting lines and management oversight related to contract underwriting performed on behalf of third parties. Revenue and expenses for this business are now reflected in the Services segment. As a result, for all periods presented, Services revenue and cost of services have increased, with offsetting reductions in other operating expenses.
[2] Services revenue for the first quarter of 2015 includes $0.1 million that had previously been included in other income.
[3] Radian completed the sale of Radian Asset Assurance to Assured on April 1, 2015, pursuant to the Radian Asset Assurance Stock Purchase Agreement. Until the April 1, 2015 sale date, the operating results of Radian Asset Assurance were classified as discontinued operations for all periods presented in our consolidated statements of operations. See Note 18 for additional information.
[4] Diluted net income per share is computed independently for each period presented. Consequently, the sum of the quarters may not equal the total net income per share for the year. For all calculations, the determination of whether potential common shares are dilutive or anti-dilutive is based on net income from continuing operations.