XML 38 R26.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Restricted Securities Available For Sale (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2017
Investments, Debt and Equity Securities [Abstract] |
Schedule of Restricted Securities Available for Sale | Restricted securities available for sale consist of the following:
(In millions) | As of March 31, 2017
| Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Estimated Fair Value
U.S. Government and agency securities | $ | 18.9 |  |  | $ | — |  |  | $ | (0.1 | ) |  | $ | 18.8 |
Corporate bonds | 18.8 |  |  | 0.1 |  |  | (0.1 | ) |  | 18.8 |
Asset-backed securities | 6.2 |  |  | — |  |  | — |  |  | 6.2 |
Mortgage-backed securities | 2.9 |  |  | — |  |  | — |  |  | 2.9 |
Total restricted securities available for sale | $ | 46.8 |  |  | $ | 0.1 |  |  | $ | (0.2 | ) |  | $ | 46.7 |
(In millions) | As of December 31, 2016
| Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Estimated Fair Value
U.S. Government and agency securities | $ | 20.4 |  |  | $ | — |  |  | $ | (0.1 | ) |  | $ | 20.3 |
Corporate bonds | 16.9 |  |  | 0.1 |  |  | (0.2 | ) |  | 16.8 |
Asset-backed securities | 5.0 |  |  | — |  |  | — |  |  | 5.0 |
Mortgage-backed securities | 3.2 |  |  | — |  |  | — |  |  | 3.2 |
Total restricted securities available for sale | $ | 45.5 |  |  | $ | 0.1 |  |  | $ | (0.3 | ) |  | $ | 45.3 |
Schedule of Restricted Securities Available for Sale by Aging Category | The fair value and gross unrealized losses for restricted securities available for sale, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are as follows:
(In millions) | Securities Available for Sale with Gross Unrealized Losses as of March 31, 2017
| Less than 12 Months |  | 12 Months or More |  |  |  |
| Estimated Fair Value |  | Gross Unrealized Losses |  | Estimated Fair Value |  | Gross Unrealized Losses |  | Total Estimated Fair Value |  | Total Gross Unrealized Losses
U.S. Government and agency securities | $ | 14.4 |  |  | $ | (0.1 | ) |  | $ | — |  |  | $ | — |  |  | $ | 14.4 |  |  | $ | (0.1 | )
Corporate bonds | 7.9 |  |  | (0.1 | ) |  | — |  |  | — |  |  | 7.9 |  |  | (0.1 | )
Asset-backed securities | 4.3 |  |  | — |  |  | — |  |  | — |  |  | 4.3 |  |  | — |
Mortgage-backed securities | 2.9 |  |  | — |  |  | — |  |  | — |  |  | 2.9 |  |  | — |
Total restricted securities available for sale | $ | 29.5 |  |  | $ | (0.2 | ) |  | $ | — |  |  | $ | — |  |  | $ | 29.5 |  |  | $ | (0.2 | )
(In millions) | Securities Available for Sale with Gross Unrealized Losses as of December 31, 2016
| Less than 12 Months |  | 12 Months or More |  |  |  |
| Estimated Fair Value |  | Gross Unrealized Losses |  | Estimated Fair Value |  | Gross Unrealized Losses |  | Total Estimated Fair Value |  | Total Gross Unrealized Losses
U.S. Government and agency securities | $ | 16.4 |  |  | $ | (0.1 | ) |  | $ | — |  |  | $ | — |  |  | $ | 16.4 |  |  | $ | (0.1 | )
Corporate bonds | 11.8 |  |  | (0.2 | ) |  | — |  |  | — |  |  | 11.8 |  |  | (0.2 | )
Asset-backed securities | 2.8 |  |  | — |  |  | — |  |  | — |  |  | 2.8 |  |  | — |
Mortgage-backed securities | 2.4 |  |  | — |  |  | — |  |  | — |  |  | 2.4 |  |  | — |
Total restricted securities available for sale | $ | 33.4 |  |  | $ | (0.3 | ) |  | $ | — |  |  | $ | — |  |  | $ | 33.4 |  |  | $ | (0.3 | )
Schedule of Cost and Estimated Fair Values of Debt Securities by Contractual Maturity | The cost and estimated fair values of debt securities by contractual maturity were as follows (securities with multiple maturity dates are classified in the period of final maturity). Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.
(In millions) |  | As of
|  | March 31, 2017 |  | December 31, 2016
Contractual Maturity |  | Cost |  | Estimated Fair Value |  | Cost |  | Estimated Fair Value
Within one year |  | $ | 0.4 |  |  | $ | 0.4 |  |  | $ | 1.6 |  |  | $ | 1.6 |
Over one year to five years |  | 40.5 |  |  | 40.4 |  |  | 39.3 |  |  | 39.1 |
Over five years to ten years |  | 3.2 |  |  | 3.2 |  |  | 2.2 |  |  | 2.2 |
Over ten years |  | 2.7 |  |  | 2.7 |  |  | 2.4 |  |  | 2.4 |
Total restricted securities available for sale |  | $ | 46.8 |  |  | $ | 46.7 |  |  | $ | 45.5 |  |  | $ | 45.3 |

X
- Definition Tabular disclosure of fair value of investments in debt and equity securities in an unrealized loss position categorized neither as held-to-maturity nor trading securities. + References No definition available. + Details
Name: | us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration