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Note 3 - Segment Reporting (Tables) | 9 Months Ended
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Sep. 30, 2018
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment [Table Text Block] | Summarized operating results for our segments for the periods indicated, are as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands) | 2018 |  | 2017 |  | 2018 |  | 2017
Mortgage Insurance |  |  |  |  |  |  |
Net premiums written—insurance (1) | $ | 253,827 |  |  | $ | 247,810 |  |  | $ | 743,765 |  |  | $ | 713,782 |
(Increase) decrease in unearned premiums | 1,655 |  |  | (11,108 | ) |  | 3,235 |  |  | (26,184 | )
Net premiums earned—insurance | 255,482 |  |  | 236,702 |  |  | 747,000 |  |  | 687,598 |
Net investment income | 38,824 |  |  | 32,540 |  |  | 110,227 |  |  | 93,643 |
Other income | 725 |  |  | 760 |  |  | 2,153 |  |  | 2,118 |
Total (2) | 295,031 |  |  | 270,002 |  |  | 859,380 |  |  | 783,359 |
Provision for losses | 20,715 |  |  | 35,980 |  |  | 77,468 |  |  | 100,926 |
Policy acquisition costs | 5,667 |  |  | 5,554 |  |  | 18,780 |  |  | 18,406 |
Other operating expenses before corporate allocations | 33,152 |  |  | 36,941 |  |  | 98,302 |  |  | 114,169 |
Total (3) | 59,534 |  |  | 78,475 |  |  | 194,550 |  |  | 233,501 |
Adjusted pretax operating income before corporate allocations | 235,497 |  |  | 191,527 |  |  | 664,830 |  |  | 549,858 |
Allocation of corporate operating expenses | 19,794 |  |  | 11,737 |  |  | 58,507 |  |  | 41,817 |
Allocation of interest expense | 11,083 |  |  | 11,282 |  |  | 32,552 |  |  | 34,539 |
Adjusted pretax operating income | $ | 204,620 |  |  | $ | 168,508 |  |  | $ | 573,771 |  |  | $ | 473,502 |
______________________
(1) | Net of ceded premiums written under the QSR Program and the Single Premium QSR Program. See Note 7 for additional information.
(2) | Excludes net losses on investments and other financial instruments of $4.5 million and $30.8 million for the three and nine months ended September 30, 2018, and net gains on investments and other financial instruments of $2.5 million and $5.0 million for the three and nine months ended September 30, 2017, not included in adjusted pretax operating income.
(3)Includes inter-segment expenses as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands) | 2018 |  | 2017 |  | 2018 |  | 2017
Inter-segment expenses | $ | 766 |  |  | $ | 1,491 |  |  | $ | 2,653 |  |  | $ | 5,726 |
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands) | 2018 |  | 2017 |  | 2018 |  | 2017
Services |  |  |  |  |  |  |
Net premiums earned—insurance (1) | $ | 2,949 |  |  | $ | — |  |  | $ | 5,325 |  |  | $ | — |
Services revenue (2) | 37,332 |  |  | 41,062 |  |  | 109,211 |  |  | 121,126 |
Net investment income (1) | 171 |  |  | — |  |  | 197 |  |  | — |
Other income (1) | 449 |  |  | — |  |  | 844 |  |  | — |
Total (2) | 40,901 |  |  | 41,062 |  |  | 115,577 |  |  | 121,126 |
Provision for losses (1) | 242 |  |  | — |  |  | 295 |  |  | — |
Cost of services | 26,001 |  |  | 27,544 |  |  | 73,628 |  |  | 82,196 |
Other operating expenses before corporate allocations | 14,772 |  |  | 12,781 |  |  | 39,531 |  |  | 38,188 |
Restructuring and other exit costs (3) | 407 |  |  | 5,463 |  |  | 1,987 |  |  | 5,463 |
Total | 41,422 |  |  | 45,788 |  |  | 115,441 |  |  | 125,847 |
Adjusted pretax operating income (loss) before corporate allocations | (521 | ) |  | (4,726 | ) |  | 136 |  |  | (4,721 | )
Allocation of corporate operating expenses | 2,948 |  |  | 3,730 |  |  | 8,742 |  |  | 10,852 |
Allocation of interest expense | 4,452 |  |  | 4,433 |  |  | 13,354 |  |  | 13,293 |
Adjusted pretax operating income (loss) | $ | (7,921 | ) |  | $ | (12,889 | ) |  | $ | (21,960 | ) |  | $ | (28,866 | )
______________________
(1) | Results from inclusion of the operations of EnTitle Direct, a national title insurance and settlement services company, acquired in March 2018.
(2)Includes inter-segment revenues as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands) | 2018 |  | 2017 |  | 2018 |  | 2017
Inter-segment revenues | $ | 766 |  |  | $ | 1,491 |  |  | $ | 2,653 |  |  | $ | 5,726 |
(3) | Does not include impairment of long-lived assets and loss from the sale of a business line, which are not components of adjusted pretax operating income.
Selected balance sheet information for our segments, as of the periods indicated, is as follows:
| At September 30, 2018
(In thousands) | Mortgage Insurance |  | Services |  | Total
Total assets | $ | 6,095,101 |  |  | $ | 174,383 |  |  | $ | 6,269,484 |
| At December 31, 2017
(In thousands) | Mortgage Insurance |  | Services |  | Total
Total assets | $ | 5,733,918 |  |  | $ | 166,963 |  |  | $ | 5,900,881 |
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block] | The reconciliation of adjusted pretax operating income to consolidated pretax income is as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands) | 2018 |  | 2017 |  | 2018 |  | 2017
Adjusted pretax operating income (loss): |  |  |  |  |  |  |
Mortgage Insurance (1) | $ | 204,620 |  |  | $ | 168,508 |  |  | $ | 573,771 |  |  | $ | 473,502 |
Services (1) | (7,921 | ) |  | (12,889 | ) |  | (21,960 | ) |  | (28,866 | )
Total adjusted pretax operating income | 196,699 |  |  | 155,619 |  |  | 551,811 |  |  | 444,636 |
Net gains (losses) on investments and other financial instruments | (4,480 | ) |  | 2,480 |  |  | (30,771 | ) |  | 4,960 |
Loss on induced conversion and debt extinguishment | — |  |  | (45,766 | ) |  | — |  |  | (51,469 | )
Acquisition-related expenses (2) | (2 | ) |  | (54 | ) |  | (418 | ) |  | (126 | )
Impairment of goodwill | — |  |  | — |  |  | — |  |  | (184,374 | )
Amortization and impairment of other acquired intangible assets | (3,472 | ) |  | (2,890 | ) |  | (8,968 | ) |  | (25,042 | )
Impairment of other long-lived assets and loss from the sale of a business line (3) | (4,057 | ) |  | (6,575 | ) |  | (3,953 | ) |  | (6,575 | )
Consolidated pretax income | $ | 184,688 |  |  | $ | 102,814 |  |  | $ | 507,701 |  |  | $ | 182,010 |
______________________
(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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