Radian group inc (RDN)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenues:
Direct

-

-

-

-

-

-

-

892,650

755,758

788,321

790,052

Assumed

-

-

-

-

-

-

-

-903

-11,162

-6,585

-207,074

Ceded

-

-

-

-

-

-

-

85,442

37,349

89,855

139,130

Net premiums written

-

-

-

-

-

-

-

806,305

707,247

691,881

443,848

Increase in unearned premiums

-

-

-

-

-

-

-

-103,920

48,778

133,852

382,053

Premiums Earned, Net

1,145,349

1,014,007

932,773

921,769

915,908

844,528

781,420

702,385

756,025

825,733

825,901

Services revenue (Note 3)

154,596

144,972

155,103

168,894

157,216

77,951

0

0

-

-

-

Net investment income

171,796

152,475

127,248

113,466

81,537

65,655

68,121

72,679

163,520

178,760

214,190

Net gains (losses) on investments and other financial instruments

51,719

-42,476

3,621

30,751

35,693

79,989

-106,500

114,282

202,177

139,944

257,141

Total other-than-temporary impairment (OTTI) losses

-

-

-

-

-

-

-

-

1,202

90

9,269

Losses recognized in other comprehensive income (loss)

-

-

-

-

-

-

-

-

0

0

0

Change in fair value of derivative instruments

-

-

-

-

-

-

-

-

628,395

-558,712

99,958

Net (losses) gains on other financial instruments

-

-

-

-

-

-

-

7,802

193,329

-211,681

-88,569

Gain on sale of affiliate

-

-

-

-

-

-

-

-

0

34,815

0

Other income

3,495

4,028

2,886

3,572

2,899

4,562

6,890

5,595

5,599

8,696

14,026

Total revenues

1,526,955

1,273,006

1,221,631

1,238,452

1,193,253

1,072,685

749,906

902,743

1,947,843

417,465

1,313,378

Expenses:
Provision for losses

132,031

104,641

135,154

202,788

198,585

246,083

562,747

921,548

1,296,521

1,739,244

1,337,574

Change in premium deficiency reserve (PDR)

-

-

-

-

-

-

-

-

-7,092

-14,621

-61,504

Policy acquisition costs

25,314

25,265

24,277

23,480

22,424

24,446

28,485

34,131

52,763

53,469

63,034

Cost of services

108,324

98,124

104,599

114,174

93,715

44,679

0

0

-

-

-

Other operating expenses

306,129

280,818

267,321

244,896

242,405

251,209

-

-

175,810

191,942

203,770

Restructuring and other exit costs

0

6,053

17,268

0

0

-

-

-

-

-

-

Interest expense

56,310

61,490

62,761

81,132

91,102

90,464

74,618

51,832

61,394

41,777

46,010

Impairment of goodwill (Note 7)

4,828

0

184,374

0

0

-

-

-

-

-

-

Gain (Loss) on Repurchase of Debt Instrument

-22,738

0

-51,469

-75,075

-94,207

0

-

-

-

-

-

Loss on induced conversion and debt extinguishment

-

-

-

-

-

-

0

-

-

-

-

Amortization and impairment of other acquired intangible assets

22,288

12,429

27,671

13,221

12,986

8,648

0

0

-

-

-

Total expenses

-

-

-

-

-

-

257,402

167,660

-

-

-

Total expenses

677,962

588,820

874,894

754,766

755,424

665,529

923,252

1,175,171

1,579,396

2,011,811

1,588,884

Equity in net (loss) income of affiliates

-

-

-

-

-

-

-

-

65

14,668

33,226

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest

848,993

684,186

346,737

483,686

437,829

407,156

-173,346

-272,428

368,512

-1,579,678

-242,280

Income (Loss) from Equity Method Investments

-

-

-

-

-

-

-

-

-

-

33,226

Income tax provision

176,684

78,175

225,649

175,433

156,290

-852,418

-31,495

-48,323

66,362

226,189

-94,401

Net income

672,309

606,011

121,088

308,253

281,539

1,259,574

-141,851

-224,105

-

-

-

Income (loss) from discontinued operations, net of tax

-

-

-

-

5,385

-300,057

-55,134

-227,363

-

-

-

Net Income (Loss) Attributable to Parent

-

-

-

-

286,924

959,517

-196,985

-451,468

302,150

-1,805,867

-147,879

Earnings Per Share, Basic [Abstract]
Net income (loss) from continuing operations, per basic share

-

-

-

-

1.41

6.83

-0.85

-1.69

-

-

-

Net income (loss) from discontinued operations, per basic share

-

-

-

-

0.03

-1.63

-0.33

-1.72

-

-

-

Basic net income (loss) per share

3.22

2.83

0.56

1.46

1.44

5.20

-1.18

-3.41

2.28

-15.74

-1.80

Earnings Per Share, Diluted [Abstract]
Net income (loss) from continuing operations, per diluted share

-

-

-

-

1.20

5.44

-0.85

-1.69

-

-

-

Net income (loss) from discontinued operations and disposal of discontinued operations, net of tax, per diluted share

-

-

-

-

0.02

-1.28

-0.33

-1.72

-

-

-

Diluted net income (loss) per share

3.20

2.77

0.55

1.37

1.22

4.16

-1.18

-3.41

2.26

-15.74

-1.80

Weighted-average number of common shares outstanding—basic

208,773

214,267

215,321

211,789

199,910

184,551

166,366

132,533

132,372

114,697

81,937

Weighted-average number of common and common equivalent shares outstanding—diluted

210,340

218,553

220,406

229,258

246,332

233,902

166,366

132,533

133,863

114,697

81,937

Dividends per share

-

-

-

-

0.01

0.01

0.01

0.01

0.01

0.01

0.01

Net impairment losses recognized in earnings

-

-

-

-

0

-

-

-

-

-

-