RADIAN GROUP INC
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 23, 2024
RDN$36.53+1.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Changes in Common Stockholders’ Equity
Table of ContentsGlossary
Consolidated Statements of Changes in Common Stockholders’ Equity
| Years Ended December 31, | |||
|---|---|---|---|
| (In thousands) | 2023 | 2022 | 2021 |
| Common stock | |||
| Balance, beginning of period | $176 | $194 | $210 |
| Issuance of common stock under incentive and benefit plans | 2 | 2 | 2 |
| Shares repurchased under share repurchase programs (Note 14) | (5) | (20) | (18) |
| Balance, end of period | 173 | 176 | 194 |
| Treasury stock | |||
| Balance, beginning of period | (930,643) | (920,798) | (910,115) |
| Repurchases of common stock under incentive plans | (15,227) | (9,845) | (10,683) |
| Balance, end of period | (945,870) | (930,643) | (920,798) |
| Additional paid-in capital | |||
| Balance, beginning of period | 1,519,641 | 1,878,372 | 2,245,897 |
| Issuance of common stock under incentive and benefit plans | 4,173 | 3,386 | 3,114 |
| Share-based compensation | 41,129 | 38,058 | 28,443 |
| Shares repurchased under share repurchase program (Note 14) | (134,349) | (400,175) | (399,082) |
| Balance, end of period | 1,430,594 | 1,519,641 | 1,878,372 |
| Retained earnings | |||
| Balance, beginning of period | 3,786,952 | 3,180,935 | 2,684,636 |
| Net income | 603,119 | 742,934 | 600,671 |
| Dividends and dividend equivalents declared | (146,312) | (136,917) | (104,372) |
| Balance, end of period | 4,243,759 | 3,786,952 | 3,180,935 |
| Accumulated other comprehensive income (loss) | |||
| Balance, beginning of period | (456,799) | 120,093 | 263,725 |
| Net unrealized gains (losses) on investments, net of tax | 125,769 | (576,976) | (143,632) |
| Other adjustments to other comprehensive income (loss) | 179 | 84 | — |
| Balance, end of period | (330,851) | (456,799) | 120,093 |
| Total stockholders’ equity | $4,397,805 | $3,919,327 | $4,258,796 |
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