MGIC Investment (MTG) Income Statement

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Direct
Assumed
Ceded
Net premiums written
Decrease in unearned premiums, net
Net premiums earned	237.38M
Investment income, net of expenses	27.52M
Realized investment gains, net	5.09M
Total other-than-temporary impairment losses	0
Portion of losses recognized in other comprehensive income, before taxes	0
Net impairment losses recognized in earnings	0
Other revenue	3.87M
Total revenues	273.85M
Losses incurred, net (note 12)	60.9M
Change in premium deficiency reserve (note 13)	0
Amortization of deferred policy acquisition costs	2.58M
Other underwriting and operating expenses, net	37.87M
Interest expense	13.54M
Total losses and expenses	190.1M
(Loss) income before tax	83.75M
Benefit from income taxes (note 11)	27.13M
Net (loss) income	56.62M
Basic (in dollars per share)	0.16
Diluted (in dollars per share)	0.14
Weighted average common shares outstanding - diluted (in shares, note 6)	406.05M

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