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Note 3 - Segment Reporting (Tables) | 9 Months Ended
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Sep. 30, 2017
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment [Table Text Block] | Summarized operating results for our segments as of and for the periods indicated, are as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands) | 2017 |  | 2016 (1) |  | 2017 |  | 2016 (1)
Mortgage Insurance |  |  |  |  |  |  |
Net premiums written—insurance (2) | $ | 247,810 |  |  | $ | 240,999 |  |  | $ | 713,782 |  |  | $ | 499,662 |
(Increase) decrease in unearned premiums | (11,108 | ) |  | (2,850 | ) |  | (26,184 | ) |  | 188,522 |
Net premiums earned—insurance | 236,702 |  |  | 238,149 |  |  | 687,598 |  |  | 688,184 |
Net investment income | 32,540 |  |  | 28,430 |  |  | 93,643 |  |  | 84,470 |
Other income | 760 |  |  | 716 |  |  | 2,118 |  |  | 2,836 |
Total (3) | 270,002 |  |  | 267,295 |  |  | 783,359 |  |  | 775,490 |
Provision for losses | 35,980 |  |  | 56,151 |  |  | 100,926 |  |  | 149,500 |
Policy acquisition costs | 5,554 |  |  | 6,119 |  |  | 18,406 |  |  | 17,901 |
Other operating expenses before corporate allocations | 36,941 |  |  | 35,940 |  |  | 114,169 |  |  | 102,851 |
Total (4) | 78,475 |  |  | 98,210 |  |  | 233,501 |  |  | 270,252 |
Adjusted pretax operating income before corporate allocations | 191,527 |  |  | 169,085 |  |  | 549,858 |  |  | 505,238 |
Allocation of corporate operating expenses | 11,737 |  |  | 11,911 |  |  | 41,817 |  |  | 35,526 |
Allocation of interest expense | 11,282 |  |  | 15,360 |  |  | 34,539 |  |  | 50,596 |
Adjusted pretax operating income | $ | 168,508 |  |  | $ | 141,814 |  |  | $ | 473,502 |  |  | $ | 419,116 |
______________________
(1) | Reflects changes made during the fourth quarter of 2016 to align our segment reporting structure concurrent with 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, Services revenue, cost of services and other operating expenses have increased, with offsetting reductions in Mortgage Insurance other income and other operating expenses.
(2) | Net of ceded premiums written under the QSR Transactions and the Single Premium QSR Transaction. See Note 7 for additional information.
(3) | Excludes net gains on investments and other financial instruments of $2.5 million and $5.0 million, respectively, for the three and nine months ended September 30, 2017, and net gains on investments and other financial instruments of $7.7 million and $69.5 million, respectively, for the three and nine months ended September 30, 2016, not included in adjusted pretax operating income.
(4)Includes inter-segment expenses as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands) | 2017 |  | 2016 |  | 2017 |  | 2016
Inter-segment expenses | $ | 1,491 |  |  | $ | 2,156 |  |  | $ | 5,726 |  |  | $ | 5,702 |
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands) | 2017 |  | 2016 (1) |  | 2017 |  | 2016 (1)
Services |  |  |  |  |  |  |
Services revenue (2) | $ | 41,062 |  |  | $ | 48,033 |  |  | $ | 121,126 |  |  | $ | 124,691 |
Cost of services | 27,544 |  |  | 29,655 |  |  | 82,196 |  |  | 81,239 |
Other operating expenses before corporate allocations | 12,781 |  |  | 13,575 |  |  | 38,188 |  |  | 40,973 |
Restructuring and other exit costs (3) | 5,463 |  |  | — |  |  | 5,463 |  |  | — |
Total | 45,788 |  |  | 43,230 |  |  | 125,847 |  |  | 122,212 |
Adjusted pretax operating income (loss) before corporate allocations | (4,726 | ) |  | 4,803 |  |  | (4,721 | ) |  | 2,479 |
Allocation of corporate operating expenses | 3,730 |  |  | 2,265 |  |  | 10,852 |  |  | 6,795 |
Allocation of interest expense | 4,433 |  |  | 4,423 |  |  | 13,293 |  |  | 13,267 |
Adjusted pretax operating income (loss) | $ | (12,889 | ) |  | $ | (1,885 | ) |  | $ | (28,866 | ) |  | $ | (17,583 | )
______________________
(1) | Reflects changes made during the fourth quarter of 2016 to align our segment reporting structure concurrent with 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, Services revenue, cost of services and other operating expenses have increased, with offsetting reductions in Mortgage Insurance other income and other operating expenses.
(2) | Includes inter-segment revenues as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands) | 2017 |  | 2016 |  | 2017 |  | 2016
Inter-segment revenues | $ | 1,491 |  |  | $ | 2,156 |  |  | $ | 5,726 |  |  | $ | 5,702 |
(3) | Primarily includes employee severance and related benefit costs. Does not include impairment of long-lived assets, which is not considered a component of adjusted pretax operating income.
Selected balance sheet information for our segments, as of the periods indicated, is as follows:
| At September 30, 2017
(In thousands) | Mortgage Insurance |  | Services (1) |  | Total
Total assets | $ | 5,630,687 |  |  | $ | 213,586 |  |  | $ | 5,844,273 |
| At December 31, 2016
(In thousands) | Mortgage Insurance |  | Services |  | Total
Total assets | $ | 5,506,338 |  |  | $ | 356,836 |  |  | $ | 5,863,174 |
______________________
(1) | The decrease in total assets for the Services segment at September 30, 2017, as compared to December 31, 2016, is primarily due to the impairment of goodwill and other intangible assets. See Note 6 for further details.
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block] | The reconciliation of adjusted pretax operating income to consolidated pretax income (loss) is as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands) | 2017 |  | 2016 |  | 2017 |  | 2016
Adjusted pretax operating income (loss): |  |  |  |  |  |  |
Mortgage Insurance (1) | $ | 168,508 |  |  | $ | 141,814 |  |  | $ | 473,502 |  |  | $ | 419,116 |
Services (1) | (12,889 | ) |  | (1,885 | ) |  | (28,866 | ) |  | (17,583 | )
Total adjusted pretax operating income | 155,619 |  |  | 139,929 |  |  | 444,636 |  |  | 401,533 |
Net gains (losses) on investments and other financial instruments | 2,480 |  |  | 7,711 |  |  | 4,960 |  |  | 69,524 |
Loss on induced conversion and debt extinguishment | (45,766 | ) |  | (17,397 | ) |  | (51,469 | ) |  | (75,075 | )
Acquisition-related expenses (2) | (54 | ) |  | (10 | ) |  | (126 | ) |  | (161 | )
Impairment of goodwill | — |  |  | — |  |  | (184,374 | ) |  | — |
Amortization and impairment of other intangible assets | (2,890 | ) |  | (3,292 | ) |  | (25,042 | ) |  | (9,931 | )
Impairment of other long-lived assets (3) | (6,575 | ) |  | — |  |  | (6,575 | ) |  | — |
Consolidated pretax income | $ | 102,814 |  |  | $ | 126,941 |  |  | $ | 182,010 |  |  | $ | 385,890 |
______________________
(1) | Includes inter-segment expenses and revenues as listed in the notes to the preceding tables.
(2) | Acquisition-related expenses represent expenses incurred to effect the acquisition of a business, net of adjustments to accruals previously recorded for acquisition expenses.
(3) | Included within restructuring and other exit costs. See Note 1.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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