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Note 4 - Segment Reporting Level 3 (Tables) | 12 Months Ended
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Dec. 31, 2019
Segment Reporting [Abstract] |
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block] | The reconciliation of adjusted pretax operating income (loss) for our reportable segments to consolidated pretax income is as follows:
| December 31,
(In thousands) | 2019 |  | 2018 |  | 2017
Adjusted pretax operating income (loss): |  |  |  |  |
Mortgage insurance | $ | 868,898 |  |  | $ | 772,614 |  |  | $ | 651,015 |
Services (1) | (14,263 | ) |  | (27,119 | ) |  | (33,840 | )
Net gains (losses) on investments and other financial instruments | 51,719 |  |  | (42,476 | ) |  | 3,621 |
Loss on extinguishment of debt | (22,738 | ) |  | — |  |  | (51,469 | )
Impairment of goodwill | (4,828 | ) |  | — |  |  | (184,374 | )
Amortization and impairment of other acquired intangible assets | (22,288 | ) |  | (12,429 | ) |  | (27,671 | )
Impairment of other long-lived assets and other non-operating items | (7,507 | ) |  | (6,404 | ) |  | (10,545 | )
Consolidated pretax income | $ | 848,993 |  |  | $ | 684,186 |  |  | $ | 346,737 |
______________________ (1) Includes inter-segment revenues as reflected in the tables below.
Reconciliation of Revenue from Segments to Consolidated [Table Text Block] | The following tables reconcile reportable segment revenues to consolidated revenues and summarize interest expense, depreciation expense, allocation of corporate operating expenses and adjusted pretax operating income for our reportable segments as follows:
| December 31, 2019
(In thousands) | Mortgage Insurance |  | Services |  | Reportable Segment Total |  | Inter-segment |  | Adjustments |  | Consolidated Total
Premiums earned | $ | 1,134,214 |  |  | $ | 11,135 |  |  | $ | 1,145,349 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,145,349 |
Services revenue | — |  |  | 158,629 |  |  | 158,629 |  |  | (4,033 | ) |  | — |  |  | 154,596 |
Net investment income | 171,116 |  |  | 680 |  |  | 171,796 |  |  | — |  |  | — |  |  | 171,796 |
Other income | 3,495 |  |  | — |  |  | 3,495 |  |  | — |  |  | — |  |  | 3,495 |
Add: Net gains (losses) on investments and other financial instruments | — |  |  | — |  |  | — |  |  | — |  |  | 51,719 |  |  | 51,719 |
Total revenues | $ | 1,308,825 |  |  | $ | 170,444 |  |  | $ | 1,479,269 |  |  | $ | (4,033 | ) |  | $ | 51,719 |  |  | $ | 1,526,955 |
Other segment information: |  |  |  |  |  |  |  |  |  |  |  |
Interest expense | $ | 56,310 |  |  | $ | — |  |  | $ | 56,310 |  |  |  |  |  |  |  |
Depreciation | 15,317 |  |  | 3,684 |  |  | 19,001 |  |  |  |  |  |  |  |
Allocation of corporate operating expenses (1) | 104,078 |  |  | 16,943 |  |  | 121,021 |  |  |  |  |  |  |  |
______________________
(1) | Includes additional depreciation expense of $1.6 million, $0.2 million and $1.8 million allocated to Mortgage Insurance, Services and Reportable Segment Total, respectively.
| December 31, 2018
(In thousands) | Mortgage Insurance |  | Services |  | Reportable Segment Total |  | Inter-segment |  | Adjustments |  | Consolidated Total
Premiums earned | $ | 1,006,721 |  |  | $ | 7,286 |  |  | $ | 1,014,007 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,014,007 |
Services revenue | — |  |  | 148,217 |  |  | 148,217 |  |  | (3,245 | ) |  | — |  |  | 144,972 |
Net investment income | 152,102 |  |  | 373 |  |  | 152,475 |  |  | — |  |  | — |  |  | 152,475 |
Other income | 2,794 |  |  | 1,234 |  |  | 4,028 |  |  | — |  |  | — |  |  | 4,028 |
Add: Net gains (losses) on investments and other financial instruments | — |  |  | — |  |  | — |  |  | — |  |  | (42,476 | ) |  | (42,476 | )
Total revenues | $ | 1,161,617 |  |  | $ | 157,110 |  |  | $ | 1,318,727 |  |  | $ | (3,245 | ) |  | $ | (42,476 | ) |  | $ | 1,273,006 |
Other segment information: |  |  |  |  |  |  |  |  |  |  |
Interest expense | $ | 43,685 |  |  | $ | 17,805 |  |  | $ | 61,490 |  |  |  |  |  |  |
Depreciation | 15,229 |  |  | 3,563 |  |  | 18,792 |  |  |  |  |  |  |
Allocation of corporate operating expenses (1) | 80,134 |  |  | 11,974 |  |  | 92,108 |  |  |  |  |  |  |
______________________
(1) | Includes additional depreciation expense of $0.5 million, $0.1 million and $0.6 million allocated to Mortgage Insurance, Services and Reportable Segment Total, respectively.
| December 31, 2017
(In thousands) | Mortgage Insurance |  | Services |  | Reportable Segment Total |  | Inter-segment |  | Adjustments |  | Consolidated Total
Premiums earned | $ | 932,773 |  |  | $ | — |  |  | $ | 932,773 |  |  | $ | — |  |  | $ | — |  |  | $ | 932,773 |
Services revenue | — |  |  | 161,833 |  |  | 161,833 |  |  | (6,730 | ) |  | — |  |  | 155,103 |
Net investment income | 127,248 |  |  | — |  |  | 127,248 |  |  | — |  |  | — |  |  | 127,248 |
Other income | 2,886 |  |  | — |  |  | 2,886 |  |  | — |  |  | — |  |  | 2,886 |
Add: Net gains (losses) on investments and other financial instruments | — |  |  | — |  |  | — |  |  | — |  |  | 3,621 |  |  | 3,621 |
Total revenues | $ | 1,062,907 |  |  | $ | 161,833 |  |  | $ | 1,224,740 |  |  | $ | (6,730 | ) |  | $ | 3,621 |  |  | $ | 1,221,631 |
Other segment information: |  |  |  |  |  |  |  |  |  |  |
Interest expense | $ | 45,016 |  |  | $ | 17,745 |  |  | $ | 62,761 |  |  |  |  |  |  |
Depreciation | 13,315 |  |  | 3,758 |  |  | 17,073 |  |  |  |  |  |  |
Allocation of corporate operating expenses (1) | 55,441 |  |  | 14,319 |  |  | 69,760 |  |  |  |  |  |  |
______________________
(1) | Includes additional depreciation expense of $0.2 million, $0.1 million and $0.3 million allocated to Mortgage Insurance, Services and Reportable Segment Total, respectively.
Services Revenue [Table Text Block] | The table below represents the disaggregation of services revenues by revenue type:
| Year Ended December 31,
(In thousands) | 2019 |  | 2018 |  | 2017
Services revenue |  |  |  |  |
Mortgage Services (1) | $ | 74,007 |  |  | $ | 76,050 |  |  | $ | 77,121 |
Real Estate Services | 64,945 |  |  | 60,059 |  |  | 54,649 |
Title Services | 15,644 |  |  | 8,863 |  |  | 23,333 |
Total services revenue | $ | 154,596 |  |  | $ | 144,972 |  |  | $ | 155,103 |
______________________ (1) Includes $48.4 million, $50.8 million and $46.1 million for the years ended December 31, 2019, 2018 and 2017, respectively, related to Clayton, which was sold in January 2020.
Balances Related to Services Contracts [Table Text Block] | The following represents balances related to service revenue contracts as of the dates indicated:
(In thousands) | December 31, 2019 (1) |  | December 31, 2018
Accounts receivable | $ | 10,773 |  |  | $ | 15,461 |
Unbilled receivables | 13,772 |  |  | 19,917 |
Deferred revenues | 1,784 |  |  | 3,204 |
______________________ (1) Excludes $10.5 million and $3.9 million of accounts receivable and unbilled receivables, respectively, that are related to Clayton and classified as held-for-sale

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