Radian group inc (RDN)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
Revenues:
Direct

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

989,842

934,364

892,650

853,371

809,011

768,670

755,758

761,041

774,135

794,884

788,321

0

0

0

Assumed

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

77,010

76,188

-903

-90,181

-89,514

-100,274

-11,162

-8,404

-7,578

-3,713

-6,585

0

0

0

Ceded

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

61,743

74,740

85,442

100,870

88,167

66,220

37,349

37,151

54,551

72,042

89,855

0

0

0

Net premiums written

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,005,109

935,812

806,305

662,320

631,330

602,176

707,247

715,486

712,006

719,129

691,881

0

0

0

Increase in unearned premiums

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-251,156

-208,204

-103,920

67,200

86,882

118,191

48,778

161,742

189,504

196,893

133,852

0

0

0

Premiums Earned, Net

1,159,252

1,145,349

1,105,545

1,082,791

1,034,969

1,014,007

997,500

975,771

953,523

932,773

921,183

922,630

922,619

921,769

914,627

903,911

912,263

915,908

913,758

904,152

870,361

844,528

783,959

778,116

787,594

781,420

774,974

753,953

727,608

702,385

729,520

718,212

720,367

756,025

791,694

815,976

830,488

825,733

0

0

0

Services revenue (Note 3)

153,770

154,596

152,979

147,036

144,561

144,972

146,261

149,266

150,240

155,103

165,305

171,611

174,072

168,894

159,883

156,195

159,435

157,216

152,030

152,084

108,581

77,951

42,243

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net investment income

168,893

171,796

172,415

168,654

162,366

152,475

144,029

137,574

130,172

127,248

122,639

118,529

117,297

113,466

107,303

100,964

91,410

81,537

75,235

70,287

67,665

65,655

36,025

45,614

56,566

68,121

62,674

61,577

64,839

72,679

129,919

143,047

155,993

163,520

163,055

170,846

175,642

178,760

0

0

0

Net gains (losses) on investments and other financial instruments

7,779

51,719

35,757

18,268

-1,676

-42,476

-32,110

-25,150

-12,415

3,621

-33,813

-28,582

-3,386

30,751

56,122

52,279

50,200

35,693

67,078

56,916

53,800

79,989

98,397

97,559

-58,027

-106,500

-207,146

-115,355

41,318

114,282

217,403

214,384

232,201

202,177

93,787

106,405

119,431

139,944

0

0

0

Total other-than-temporary impairment (OTTI) losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,202

31

45

72

90

0

0

0

Losses recognized in other comprehensive income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

Change in fair value of derivative instruments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-77,168

89,896

311,746

628,395

372,691

476,466

-236,866

-558,712

0

0

0

Net (losses) gains on other financial instruments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

84,671

83,029

19,979

7,802

-48,025

33,317

100,226

193,329

109,101

33,381

-34,866

-211,681

0

0

0

Gain on sale of affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

0

0

-

Other income

2,713

3,495

3,708

4,003

4,825

4,028

3,765

3,351

2,947

2,886

2,854

2,810

3,652

3,572

950

1,945

2,234

2,899

5,320

4,771

4,767

4,562

5,598

5,750

6,245

6,890

6,751

6,765

5,926

5,595

5,714

5,790

5,591

5,599

7,090

7,637

4,369

8,696

0

0

0

Total revenues

1,492,407

1,526,955

1,470,404

1,420,752

1,345,045

1,273,006

1,259,445

1,240,812

1,224,467

1,221,631

1,178,168

1,186,998

1,214,254

1,238,452

1,238,885

1,215,294

1,215,542

1,193,253

1,213,421

1,188,210

1,105,174

1,072,685

1,040,139

1,012,636

965,698

749,906

790,796

807,007

764,757

902,743

963,900

1,211,163

1,524,922

1,947,843

1,537,387

1,610,666

892,941

417,465

0

0

0

Expenses:
Provision for losses

147,228

132,031

124,552

116,202

88,112

104,641

112,679

127,639

125,524

135,154

154,263

174,207

206,710

202,788

205,306

213,713

196,548

198,585

224,647

209,397

241,485

246,083

298,764

404,671

480,314

562,747

695,373

716,876

787,453

921,548

1,009,358

1,082,604

1,135,302

1,296,521

1,356,346

1,451,137

1,622,737

1,739,244

0

0

0

Change in premium deficiency reserve (PDR)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

840

-2,068

-5,729

-7,092

-21,091

-10,521

-14,773

-14,621

0

0

0

Policy acquisition costs

26,834

25,314

25,016

24,248

24,041

25,265

24,651

24,538

24,665

24,277

23,985

24,550

23,820

23,480

22,732

19,493

21,063

22,424

24,036

25,396

25,179

24,446

11,329

15,047

18,307

28,485

17,512

22,481

23,280

34,131

64,574

63,096

66,678

52,763

50,717

50,322

52,732

53,469

0

0

0

Cost of services

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of services

-

108,324

105,985

102,795

-

98,124

96,534

97,920

99,350

104,599

115,062

117,269

118,999

114,174

106,355

101,857

98,012

93,715

88,505

87,452

63,932

44,679

23,896

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other operating expenses

296,434

306,129

302,501

296,242

296,380

280,818

269,551

263,621

262,187

267,321

263,738

261,662

256,085

244,896

238,298

241,261

245,819

242,405

271,313

257,456

250,476

251,209

0

0

0

-

0

0

0

-

179,173

173,984

179,745

175,810

186,082

183,894

173,105

191,942

0

0

0

Restructuring and other exit costs

-

-

113

4,577

-

6,053

11,170

18,744

17,819

17,268

12,038

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

52,807

56,310

59,734

61,777

62,107

61,490

60,835

61,015

61,903

62,761

65,101

69,169

75,536

81,132

84,859

86,296

88,251

91,102

94,306

97,075

94,922

90,464

86,011

81,592

78,664

74,618

67,454

60,404

53,565

51,832

53,446

55,020

58,518

61,394

60,423

55,831

47,997

41,777

0

0

0

Impairment of goodwill (Note 7)

-

0

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Repurchase of Debt Instrument

-

-

0

0

-

-

0

0

-

-51,469

-51,469

-23,100

-23,961

-75,075

-77,395

-60,009

-149,777

-94,207

-91,887

-91,876

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization and impairment of other acquired intangible assets

21,080

22,288

9,926

11,259

11,868

12,429

11,597

11,015

27,123

27,671

28,332

28,734

13,189

13,221

13,340

13,321

13,291

12,986

14,931

14,952

11,671

8,648

3,294

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total expenses

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

755,424

809,625

783,604

687,665

665,529

634,502

732,267

809,723

923,252

1,018,395

1,018,238

1,061,295

1,175,171

1,307,391

1,372,636

1,434,514

1,579,396

1,632,477

1,730,663

1,881,798

2,011,811

0

0

0

Equity in net (loss) income of affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-13

-13

-11

65

65

65

6,635

14,668

0

0

0

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

814,150

848,993

819,839

786,854

757,880

684,186

672,428

590,554

374,509

346,737

279,806

303,933

495,954

483,686

490,600

479,344

402,781

437,829

403,796

404,606

417,509

407,156

405,636

280,368

155,974

-173,346

-227,585

-211,217

-296,526

-272,428

-343,504

-161,486

90,397

368,512

-95,025

-119,932

-982,222

-1,579,678

0

0

0

Income tax provision

172,337

176,684

168,935

166,591

95,398

78,175

199,380

195,161

215,407

225,649

104,445

110,911

177,478

175,433

168,908

170,364

146,720

156,290

-681,241

-742,371

-787,812

-852,418

-67,415

-47,970

-35,655

-31,495

-44,292

-54,931

-54,153

-48,323

52,201

64,976

60,485

66,362

613,903

660,379

410,284

226,189

0

0

0

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

308,980

256,061

281,539

1,085,037

1,146,977

1,205,321

1,259,574

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,385

-444,306

-422,747

-356,306

-300,057

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

-

-

286,924

640,731

724,230

849,015

959,517

567,551

401,279

193,274

-196,985

-410,656

-383,649

-469,736

-451,468

-395,705

-226,462

29,912

302,150

-708,928

-780,311

-1,392,506

-1,805,867

0

0

0

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.36

0.34

0.23

0.48

4.73

0.69

0.57

0.84

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.03

0.00

-2.46

0.11

0.39

0.33

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic net income (loss) per share

0.70

0.77

0.85

0.80

0.80

0.65

0.67

0.98

0.53

0.03

0.30

-0.13

0.36

0.28

0.39

0.46

0.33

0.36

0.34

0.26

0.48

2.27

0.80

0.96

1.17

0.38

-0.07

-0.19

-1.30

-1.34

0.11

-0.90

-1.28

-0.93

1.39

1.04

0.78

-8.51

0.85

-4.31

-3.77

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.32

0.29

0.20

0.39

3.71

0.58

0.47

0.68

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.02

0.00

-1.94

0.09

0.31

0.26

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted net income (loss) per share

0.70

0.79

0.83

0.78

0.78

0.64

0.66

0.96

0.52

0.04

0.30

-0.13

0.34

0.27

0.37

0.44

0.29

0.32

0.29

0.22

0.39

1.77

0.67

0.78

0.94

0.38

-0.07

-0.19

-1.30

-1.34

0.11

-0.90

-1.28

-0.91

1.37

1.03

0.77

-8.50

0.84

-4.31

-3.77

Weighted-average number of common shares outstanding—basic

200,161

210,351

203,107

208,097

213,537

213,816

213,309

213,976

215,967

215,928

215,279

215,152

214,925

214,789

214,387

214,274

203,706

207,366

207,938

193,112

191,224

191,406

191,050

182,583

173,165

177,496

171,830

171,783

144,355

132,800

132,521

132,346

132,465

132,512

132,364

132,185

132,427

133,841

132,324

110,282

82,341

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

201,819

205,165

208,691

213,603

218,343

217,883

217,902

217,830

219,883

225,584

219,391

215,152

221,497

225,154

225,968

226,203

239,707

244,835

250,795

246,650

243,048

244,094

238,067

230,779

222,668

177,496

171,830

171,783

144,355

131,288

134,033

132,346

132,465

134,622

133,513

133,614

133,703

132,645

133,520

110,282

82,341

Dividends per share

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

-

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00