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Note 4 - Segment Reporting Schedule of Segment Reporting Information by Segment (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2016
USD ($)
Sep. 30, 2016
USD ($)
[2]
Jun. 30, 2016
USD ($)
[2]
Mar. 31, 2016
USD ($)
[2]
Dec. 31, 2015
USD ($)
Sep. 30, 2015
USD ($)
[2]
Jun. 30, 2015
USD ($)
[2]
Mar. 31, 2015
USD ($)
[2]
Dec. 31, 2016
USD ($)
segment
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Segment Reporting Information [Line Items]                      
Net gains (losses) on investments and other financial instruments [1]                 $ 30,751 $ 35,693 $ 80,102
Number of Reportable Segments | segment                 2    
Net premiums earned—insurance $ 233,585 [2] $ 238,149 $ 229,085 $ 220,950 $ 226,443 [2] $ 227,433 $ 237,437 $ 224,595 $ 921,769 915,908 [2] 844,528
Services revenue 49,905 [2] 45,877 40,263 32,849 38,338 [2],[3] 43,185 [3] 44,558 [3] 31,135 [3] 168,894 157,216 [2],[3] 77,951
Net investment income 28,996 [2] 28,430 28,839 27,201 22,833 [2] 22,091 19,285 17,328 113,466 81,537 [2] 65,655
Other Income                 3,572 2,899 4,562
Provision for losses 54,287 [2] 55,785 49,725 42,991 56,805 [2] 64,192 32,560 45,028 202,788 198,585 [2] 246,083
Policy acquisition costs 5,579 [2] 6,119 5,393 6,389 4,831 [2] 2,880 6,963 7,750 23,480 22,424 [2] 24,446
Cost of services 33,812 [2] 29,447 27,365 23,550 23,187 [2] 26,018 25,326 19,184 114,174 93,715 [2] 44,679
Other operating expenses 62,416 [2] 62,119 63,173 57,188 58,624 [2] 64,013 65,925 53,843 244,896 242,405 [2] 251,209
Total Operating Expenses Allocated to Subsidiaries From Parent Company                 56,446 53,738 59,434
Total Interest Expense Allocated to Subsidiaries From Parent Company                 52,092 35,300 33,098
Total assets 5,863,174       5,642,100       5,863,174 5,642,100  
Net gains (losses) on investments and other financial instruments (38,773) [2] $ 7,711 $ 30,527 $ 31,286 (13,402) [2] $ 3,868 $ 28,448 $ 16,779 30,751 35,693 [2] 79,989
Mortgage Insurance Segment                      
Segment Reporting Information [Line Items]                      
Net premiums written—insurance                 733,834 [4],[5] 968,505 [6],[7] 925,181 [8],[9]
(Increase) decrease in unearned premiums                 187,935 [5] (52,597) [7] (80,653) [9]
Net premiums earned—insurance                 921,769 [5] 915,908 [7] 844,528 [9]
Services revenue [5]                 0    
Net investment income                 113,466 [5] 81,537 [7] 65,655 [9]
Other Income                 3,572 [5] 2,899 [7] 4,063 [9]
Revenue Non GAAP Basis                 1,038,807 [5],[10],[11] 1,000,344 [7],[12],[13] 914,246 [9],[14],[15]
Provision for losses                 204,175 [5] 198,433 [7] 246,865 [9]
Change In Present Value of Estimated Credit Loss Payments [9]                     113
Policy acquisition costs                 23,480 [5] 22,424 [7] 24,446 [9]
Cost of services                 0 [5] 0 [7] 0
Other operating expenses                 140,624 [5] 148,619 [7] 158,228 [9]
Total Expenses Non-GAAP                 368,279 [5],[11] 369,476 [7],[13] 429,652 [9],[15]
Operating Income (Loss) Pretax Non GAAP Before Corporate Allocations                 670,528 [5] 630,868 [7] 484,594 [9]
Total Operating Expenses Allocated to Subsidiaries From Parent Company                 45,178 [5] 46,418 [7] 55,154 [9]
Total Interest Expense Allocated to Subsidiaries From Parent Company                 63,439 [5] 73,402 [7] 81,600 [9]
Operating Income (Loss) Pre-Tax Non-GAAP [16]                 561,911 [5] 511,048 [7] 347,840 [9]
Assets held for sale [9],[17]                     0
Total assets 5,506,338 [5]       5,290,422 [7]       5,506,338 [5] 5,290,422 [7] 4,779,917 [9]
New Insurance Written                 50,530,000 [5] 41,411,000 [7] 37,349,000 [9]
Revenue from Related Parties                 0 0 0
Costs and Expenses, Related Party                 8,355 5,924 1,723
Mortgage and Real Estate Services Segment [Member]                      
Segment Reporting Information [Line Items]                      
Net premiums written—insurance [4],[5]                 0    
(Increase) decrease in unearned premiums [5]                 0    
Net premiums earned—insurance [5]                 0    
Services revenue                 177,249 [5] 163,140 [7] 78,908 [9],[18]
Net investment income                 0 [5] 0 [7] 0 [9],[18]
Other Income                 0 [5] 0 [7] 1,265 [9],[18]
Revenue Non GAAP Basis                 177,249 [5],[10],[11] 163,140 [7],[12],[13] 80,173 [9],[14],[15],[18]
Provision for losses [5]                 0    
Policy acquisition costs [5]                 0    
Cost of services                 115,369 [5] 97,256 [7] 44,679 [9],[18]
Other operating expenses                 55,815 [5] 43,515 [7] 30,944 [9],[18]
Total Expenses Non-GAAP                 171,184 [5],[11] 140,771 [7],[13] 75,623 [9],[15],[18]
Operating Income (Loss) Pretax Non GAAP Before Corporate Allocations                 6,065 [5] 22,369 [7] 4,550 [9],[18]
Total Operating Expenses Allocated to Subsidiaries From Parent Company                 8,533 [5] 4,823 [7] 1,144 [9],[18]
Total Interest Expense Allocated to Subsidiaries From Parent Company                 17,693 [5] 17,700 [7] 8,864 [9],[18]
Operating Income (Loss) Pre-Tax Non-GAAP [16]                 (20,161) [5] (154) [7] (5,458) [9],[18]
Assets held for sale [9],[17],[18]                     0
Total assets 356,836 [5]       351,678 [7]       356,836 [5] 351,678 [7] 325,975 [9],[18]
Revenue from Related Parties                 8,355 5,924 1,723
Costs and Expenses, Related Party                 0 0 0
Mortgage Insurance and Mortgage and Real Estate Services Segments [Member]                      
Segment Reporting Information [Line Items]                      
Net premiums written—insurance                 733,834 [4],[5] 968,505 [6],[7] 925,181 [8],[9]
(Increase) decrease in unearned premiums                 187,935 [5] (52,597) [7] (80,653) [9]
Net premiums earned—insurance                 921,769 [5] 915,908 [7] 844,528 [9]
Services revenue                 177,249 [5] 163,140 [7] 78,908 [9]
Net investment income                 113,466 [5] 81,537 [7] 65,655 [9]
Other Income                 3,572 [5] 2,899 [7] 5,328 [9]
Revenue Non GAAP Basis                 1,216,056 [5],[10],[11] 1,163,484 [7],[12],[13] 994,419 [9],[14],[15]
Provision for losses                 204,175 [5] 198,433 [7] 246,865 [9]
Change In Present Value of Estimated Credit Loss Payments [9]                     113
Policy acquisition costs                 23,480 [5] 22,424 [7] 24,446 [9]
Cost of services                 115,369 [5] 97,256 [7] 44,679 [9]
Other operating expenses                 196,439 [5] 192,134 [7] 189,172 [9]
Total Expenses Non-GAAP                 539,463 [5],[11] 510,247 [7],[13] 505,275 [9],[15]
Operating Income (Loss) Pretax Non GAAP Before Corporate Allocations                 676,593 [5] 653,237 [7] 489,144 [9]
Total Operating Expenses Allocated to Subsidiaries From Parent Company                 53,711 [5] 51,241 [7] 56,298 [9]
Total Interest Expense Allocated to Subsidiaries From Parent Company                 81,132 [5] 91,102 [7] 90,464 [9]
Operating Income (Loss) Pre-Tax Non-GAAP                 541,750 [5] 510,894 [7] 342,382 [9]
Assets held for sale [9],[17]                     1,736,444
Total assets $ 5,863,174 [5]       $ 5,642,100 [7]       $ 5,863,174 [5] $ 5,642,100 [7] $ 6,842,336 [9]
[1] The change in expected economic loss or recovery associated with our previously owned VIEs is included in adjusted pretax operating income above, although it represents amounts that are not included in net income. Therefore, for purposes of this reconciliation, net gains (losses) on investments and other financial instruments has been adjusted by income of $0.1 million for the year ended December 31, 2014 to reverse this item.
[2] 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.
[3] Services revenue for the first quarter of 2015 includes $0.1 million that had previously been included in other income.
[4] Net of ceded premiums written under the QSR Transactions and the Single Premium QSR Transaction. See Note 8 for additional information.
[5] 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, cost of services and other operating expenses have increased, with offsetting reductions in Mortgage Insurance other income and other operating expenses.
[6] Net of ceded premiums written under the QSR Transactions. See Note 8 for additional information.
[7] 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, cost of services and other operating expenses have increased, with offsetting reductions in Mortgage Insurance other income and other operating expenses.
[8] Net of ceded premiums written under the QSR Transactions. See Note 8 for additional information.
[9] 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, cost of services and other operating expenses have increased, with offsetting reductions in Mortgage Insurance other income and other operating expenses.
[10] Excludes net gains on investments and other financial instruments of $30.8 million, not included in adjusted pretax operating income.
[11] Includes inter-segment revenues and expenses as follows: December 31, 2016(In thousands)Mortgage Insurance ServicesInter-segment revenues included in Services segment$— $8,355Inter-segment expenses included in Mortgage Insurance segment8,355 —
[12] Excludes net gains on investments and other financial instruments of $35.7 million, not included in adjusted pretax operating income.
[13] Includes inter-segment revenues and expenses as follows: December 31, 2015(In thousands)Mortgage Insurance ServicesInter-segment revenues included in Services segment$— $5,924Inter-segment expenses included in Mortgage Insurance segment5,924 —
[14] Excludes net gains on investments and other financial instruments of $80.1 million, not included in adjusted pretax operating income.
[15] Includes inter-segment revenues and expenses as follows: December 31, 2014(In thousands)Mortgage Insurance ServicesInter-segment revenues included in Services segment$— $1,723Inter-segment expenses included in Mortgage Insurance segment1,723 —
[16] Includes inter-segment expenses and revenues as listed in the notes to the preceding tables.
[17] Assets held for sale are not part of the Mortgage Insurance or Services segments.
[18] Includes the acquisition of Clayton, effective June 30, 2014.