Groowe Groowe BETA / Newsroom
⏱ News is delayed by 15 minutes. Sign in for real-time access. Sign in

Form 8-K

sec.gov

8-K — MERCURY GENERAL CORP

Accession: 0001193125-26-332781

Filed: 2026-08-04

Period: 2026-08-04

CIK: 0000064996

SIC: 6331 (FIRE, MARINE & CASUALTY INSURANCE)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — d61051d8k.htm (Primary)

EX-99.1 (d61051dex991.htm)

GRAPHIC (g61051g61e00.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: d61051d8k.htm · Sequence: 1

8-K

CHX 0000064996 false 0000064996 2026-08-04 2026-08-04 0000064996 exch:XNYS 2026-08-04 2026-08-04 0000064996 exch:XCHI 2026-08-04 2026-08-04

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 4, 2026

Commission File No. 001-12257

MERCURY GENERAL CORPORATION

(Exact Name of Registrant as Specified in Charter)

California

95-2211612

(State or other jurisdiction of

incorporation or organization)

(I.R.S. Employer

Identification No.)

4484 Wilshire Boulevard

Los Angeles, California

90010

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code: (323) 937-1060

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14.a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class

Trading

Symbol(s)

Name of Each Exchange

on Which Registered

Common Stock

MCY

New York Stock Exchange

Common Stock

MCY

New York Stock Exchange Texas

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02.

Results of Operations and Financial Condition

The following information is furnished pursuant to Item 2.02, “Results of Operations and Financial Condition,” and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Such information, including Exhibit 99.1, shall not be incorporated by reference into any filing of Mercury General Corporation (the “Company”), whether made before or after the date hereof, regardless of any general incorporation language in such filing.

On August 4, 2026, the Company issued a press release announcing its financial results for the second quarter ended June 30, 2026. A copy of the press release is attached hereto as Exhibit 99.1.

Item 9.01.

Financial Statements and Exhibits

(d) Exhibits.

99.1

Press Release, dated August 4, 2026, issued by Mercury General Corporation, furnished pursuant to Item 2.02 of Form 8-K.

104.

Cover page Interactive Data File (formatted as inline XBRL)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

MERCURY GENERAL CORPORATION

Date: August 4, 2026

By:

/s/ Theodore R. Stalick

Name:

Theodore R. Stalick

Its:

Senior Vice President and Chief Financial Officer

EX-99.1

EX-99.1

Filename: d61051dex991.htm · Sequence: 2

EX-99.1

Exhibit 99.1

4484 Wilshire Boulevard

Los Angeles, California 90010

(323)

937-1060

Fax (323) 857-7125

Press Release

FOR MORE INFORMATION, CONTACT:

Theodore Stalick, SVP/CFO

(323)

937-1060

www.mercuryinsurance.com

For Release: August 4, 2026

Mercury

General Corporation Announces Second

Quarter Results and Declares Quarterly Dividend

Los Angeles, California…Mercury General Corporation (NYSE: MCY) reported today for the second quarter of 2026:

Consolidated Highlights

Three Months Ended June 30,

Change

Six Months Ended June 30,

Change

2026

2025

$

%

2026

2025

$

%

(000’s except per-share amounts and ratios)

Net premiums earned (2)

$

1,497,767

$

1,366,738

$

131,029

9.6

$

2,950,180

$

2,649,808

$

300,372

11.3

Net premiums written (1) (2)

$

1,559,045

$

1,480,807

$

78,238

5.3

$

3,109,163

$

2,795,188

$

313,975

11.2

Direct premiums written (1)

$

1,623,583

$

1,484,985

$

138,598

9.3

$

3,196,324

$

2,930,428

$

265,896

9.1

Net realized investment gains, net of tax

(3)

$

68,344

$

18,549

$

49,795

268.5

$

64,756

$

36,973

$

27,783

75.1

Net income

$

263,502

$

166,472

$

97,030

58.3

$

453,922

$

58,145

$

395,777

680.7

Net income per diluted share

$

4.76

$

3.01

$

1.75

58.1

$

8.20

$

1.05

$

7.15

681.0

Operating income (1)

$

195,158

$

147,923

$

47,235

31.9

$

389,166

$

21,172

$

367,994

1,738.1

Operating income per diluted

share

(1)

$

3.52

$

2.67

$

0.85

31.8

$

7.03

$

0.38

$

6.65

1,750.0

Catastrophe losses net of reinsurance

(4)

$

75,000

$

13,000

$

62,000

476.9

$

168,000

$

460,000

$

(292,000

)

(63.5

)

Combined ratio (5)

89.9

%

92.5

%

(2.6

) pts

89.6

%

105.4

%

(15.8

) pts

(1)

These measures are not based on U.S. generally accepted accounting principles (“GAAP”), are defined

in “Information Regarding GAAP and Non-GAAP Measures” and are reconciled to the most directly comparable GAAP measures in “Supplemental Schedules.”

(2)

Net premiums earned for the three months ended June 30, 2025 includes $51 million of ceded premiums

earned related to reinstatement premiums. The Company paid and recorded $101 million of reinstatement premiums in the first quarter of 2025 to reinstate the fully exhausted reinsurance coverage layers of its catastrophe reinsurance treaty

ending June 30, 2025 following the Palisades and Eaton wildfires in January 2025, $50 million of which was earned in the first quarter of 2025 and $51 million in the second quarter of 2025. Both net premiums earned and net premiums

written for the six months ended June 30, 2025 include $101 million of increased ceded premiums due to the reinstatement premiums noted above.

(3)

Net realized investment gains before tax was $87 million and $23 million for the three months ended

June 30, 2026 and 2025, respectively, and $82 million and $47 million for the six months ended June 30, 2026 and 2025, respectively. The changes in fair value of the Company’s investments are recorded as part of net

realized investment gains or losses in its consolidated statements of operations due to the adoption of the fair value option under GAAP.

(4)

The majority of 2026 catastrophe losses resulted from approximately $80 million of adverse reserve

development on the Palisades and Eaton wildfires, and approximately $72 million of losses from storms in Texas and Oklahoma. The majority of 2025 catastrophe losses resulted from the Palisades and Eaton wildfires in California and storms in

Texas and Oklahoma.

1

(5)

The Company experienced favorable development of approximately $35 million and unfavorable development of

approximately $4 million on prior accident years’ loss and loss adjustment expense reserves for the three months ended June 30, 2026 and 2025, respectively, and favorable development of approximately $44 million and

$47 million on prior accident years’ loss and loss adjustment expense reserves for the six months ended June 30, 2026 and 2025, respectively. The

year-to-date favorable development in 2026 was primarily attributable to lower than estimated losses and loss adjustment expenses in the automobile line of insurance

business, partially offset by adverse development on the homeowners line of insurance business. The year-to-date favorable development in 2025 was primarily attributable

to lower than estimated losses and loss adjustment expenses in the private passenger automobile and homeowners lines of insurance business.

Investment Results

Three Months Ended June 30,

Six Months Ended June 30,

2026

2025

2026

2025

(000’s except average annual yield)

Average invested assets at cost (1)

$

6,887,886

$

5,703,599

$

6,764,700

$

5,686,645

Net investment income (2) (3)

Before income taxes

$

89,763

$

78,759

$

175,399

$

160,238

After income taxes

$

76,622

$

66,021

$

149,482

$

133,872

Average annual yield on investments (2)

(3)

Before income taxes

4.5

%

4.7

%

4.5

%

4.7

%

After income taxes

3.9

%

3.9

%

3.9

%

4.0

%

(1)

Fixed maturities and short-term bonds at amortized cost; equities and other short-term investments at cost.

Average invested assets at cost are based on the monthly amortized cost of the invested assets excluding cash for each period.

(2)

Net investment income includes interest income earned on cash of approximately $11.9 million and

$12.5 million ($9.4 million and $9.9 million after tax) for the three months ended June 30, 2026 and 2025, respectively, and approximately $23.1 million and $25.6 million ($18.2 million and $20.2 million after

tax) for the six months ended June 30, 2026 and 2025, respectively. Average annual yield on investments does not include interest income earned on cash.

(3)

Higher net investment income before and after income taxes for the three and six months ended June 30,

2026 compared to the corresponding period in 2025 resulted largely from higher average invested assets. Average annual yield on investments before income taxes for the three months ended June 30, 2026 decreased from the corresponding period in

2025, primarily due to an increase in tax-exempt investments with lower pre-tax yields. Average annual yield on investments before income taxes for the six months ended

June 30, 2026 decreased from the corresponding period in 2025, primarily due to an increase in tax-exempt investments with lower pre-tax yields, combined with lower

yields on floating rate investments resulting from lower short-term market interest rates. Average annual yield on investments after income taxes for the six months ended June 30, 2026 decreased from the corresponding period in 2025, primarily

due to lower yields on floating rate investments resulting from lower short-term market interest rates.

The Board of Directors declared

a quarterly dividend of $0.3175 per share. The dividend will be paid on September 24, 2026 to shareholders of record on September 10, 2026.

2

Mercury General Corporation and its subsidiaries are a multiple line insurance organization

offering predominantly personal automobile and homeowners insurance through a network of independent producers and direct-to-consumer sales in many states. For more

information, visit the Company’s website at www.mercuryinsurance.com.

The Private Securities Litigation Reform Act of 1995 provides a

“safe harbor” for certain forward-looking statements. Certain statements contained in this report are forward-looking statements based on the Company’s current expectations and beliefs concerning future developments and their

potential effects on the Company. There can be no assurance that future developments affecting the Company will be those anticipated by the Company. Actual results may differ from those projected in the forward-looking statements. These

forward-looking statements involve significant risks and uncertainties (some of which are beyond the control of the Company) and are subject to change based upon various factors, including but not limited to the following risks and uncertainties:

changes in the demand for the Company’s insurance products, inflation and general economic conditions, including general market risks associated with the Company’s investment portfolio; the accuracy and adequacy of the Company’s

pricing methodologies; catastrophes in the markets served by the Company; uncertainties related to estimates, assumptions and projections generally; the possibility that actual loss experience may vary adversely from the actuarial estimates made to

determine the Company’s loss reserves in general, including subrogation recovery estimates; the Company’s ability to obtain and the timing of the approval of premium rate changes for insurance policies issued in the states where it

operates; legislation adverse to the automobile or homeowners insurance industry or business generally that may be enacted in the states where the Company operates; the Company’s success in managing its business in non-California states; the presence of competitors with greater financial resources and the impact of competitive pricing and marketing efforts; the Company’s ability to successfully allocate the resources

used in the states with reduced or exited operations to its operations in other states; changes in driving patterns and loss trends; acts of war and terrorist activities; effects of changing climate conditions; pandemics, epidemics, widespread

health emergencies, or outbreaks of infectious diseases; court decisions and trends in litigation and health care and auto repair costs; changes in global trade policies, including trade barriers or restrictions; and legal, cybersecurity, regulatory

and litigation risks. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as the result of new information, future events or otherwise. For a more detailed discussion of some of the foregoing

risks and uncertainties, see the Company’s Annual Report on Form 10-K filed with the United States Securities and Exchange Commission on February 17, 2026.

3

MERCURY GENERAL CORPORATION AND SUBSIDIARIES

SUMMARY OF OPERATING RESULTS

(000’s except per-share amounts and ratios)

(unaudited)

Three Months Ended June 30,

Six Months Ended June 30,

2026

2025

2026

2025

Revenues:

Net premiums earned

$

1,497,767

$

1,366,738

$

2,950,180

$

2,649,808

Net investment income

89,763

78,759

175,399

160,238

Net realized investment gains

86,512

23,480

81,970

46,801

Other

7,723

8,908

14,026

14,916

Total revenues

1,681,765

1,477,885

3,221,575

2,871,763

Expenses:

Losses and loss adjustment expenses

973,280

940,037

1,906,231

2,160,850

Policy acquisition costs

250,328

227,880

490,830

456,601

Other operating expenses

122,918

96,025

246,805

175,478

Interest

7,909

7,195

14,726

14,383

Total expenses

1,354,435

1,271,137

2,658,592

2,807,312

Income before income taxes

327,330

206,748

562,983

64,451

Income tax expense

63,828

40,276

109,061

6,306

Net income

$

263,502

$

166,472

$

453,922

$

58,145

Basic average shares outstanding

55,389

55,389

55,389

55,389

Diluted average shares outstanding

55,389

55,389

55,389

55,389

Basic Per Share Data

Net income

$

4.76

$

3.01

$

8.20

$

1.05

Net realized investment gains, net of tax

$

1.23

$

0.33

$

1.17

$

0.67

Diluted Per Share Data

Net income

$

4.76

$

3.01

$

8.20

$

1.05

Net realized investment gains, net of tax

$

1.23

$

0.33

$

1.17

$

0.67

Operating Ratios-GAAP Basis

Loss ratio

65.0

%

68.8

%

64.6

%

81.5

%

Expense ratio

24.9

%

23.7

%

25.0

%

23.9

%

Combined ratio

89.9

%

92.5

%

89.6

%

105.4

%

4

MERCURY GENERAL CORPORATION AND SUBSIDIARIES

CONDENSED BALANCE SHEETS AND OTHER INFORMATION

(000’s except per-share amounts and ratios)

June 30, 2026

December 31, 2025

(unaudited)

ASSETS

Investments, at fair value:

Fixed maturity securities (amortized cost $5,802,102; $5,449,726)

$

5,788,544

$

5,430,251

Equity securities (cost $860,929; $728,460)

974,212

812,787

Short-term investments (cost $368,338; $336,978)

368,357

336,992

Total investments

7,131,113

6,580,030

Cash

1,700,830

1,315,574

Receivables:

Premiums

828,516

751,554

Allowance for credit losses on premiums receivable

(5,800

)

(6,000

)

Premiums receivable, net of allowance for credit losses

822,716

745,554

Accrued investment income

74,730

73,004

Other

78,067

86,508

Total receivables

975,513

905,066

Reinsurance recoverables (net of allowance for credit losses $1; $39)

44,249

109,672

Deferred policy acquisition costs

378,014

359,724

Fixed assets, net

151,109

146,880

Operating lease

right-of-use assets

18,977

12,125

Deferred income taxes

23,861

30,637

Goodwill

42,796

42,796

Other intangible assets, net

6,399

6,827

Other assets

69,504

51,338

Total assets

$

10,542,365

$

9,560,669

LIABILITIES AND SHAREHOLDERS’ EQUITY

Loss and loss adjustment expense reserves

$

3,674,700

$

3,633,338

Unearned premiums

2,414,836

2,255,935

Notes payable

943,752

574,527

Accounts payable and accrued expenses

422,764

448,703

Operating lease liabilities

18,376

12,328

Current income taxes

2,947

30,770

Other liabilities

228,965

187,793

Shareholders’ equity

2,836,025

2,417,275

Total liabilities and shareholders’ equity

$

10,542,365

$

9,560,669

OTHER INFORMATION

Common stock shares outstanding

55,389

55,389

Book value per share

$

51.20

$

43.64

Statutory surplus (a)

$

2.77 billion

$

2.39 billion

Net premiums written to surplus ratio

(a)

2.18

2.39

Debt to total capital ratio (b)

25.1

%

19.2

%

Portfolio duration (including all short-term instruments) (a) (c)

4.1 years

4.4 years

Policies-in-force

(company-wide “PIF”) (a)

Personal Auto PIF

1,070

1,044

Homeowners PIF

938

883

Commercial Auto PIF

34

34

All Other PIF (d)

318

304

Total PIF

2,360

2,265

(a)

Unaudited.

(b)

Debt to Debt plus Shareholders’ Equity (Debt at face value). The Company redeemed its $375 million

senior notes on July 13, 2026 using the proceeds from its new $525 million senior notes issued on June 12, 2026. Had the $375 million senior notes been redeemed on June 30, 2026, the debt to total capital ratio at

June 30, 2026 would have been 16.9%.

(c)

Modified duration reflecting anticipated early calls.

(d)

All Other PIF represents the combined PIF of all the other smaller lines of insurance business, which in

aggregate accounted for only 6.1% of the total company-wide direct premiums written for the six months ended June 30, 2026.

5

SUPPLEMENTAL SCHEDULES

(000’s except per-share amounts and ratios)

(unaudited)

Three Months Ended June 30,

Six Months Ended June 30,

2026

2025

2026

2025

Reconciliations of Comparable GAAP Measures to Operating Measures (a)

Net premiums earned

$

1,497,767

$

1,366,738

$

2,950,180

$

2,649,808

Change in net unearned premiums

61,278

114,069

158,983

145,380

Net premiums written

$

1,559,045

$

1,480,807

$

3,109,163

$

2,795,188

Assumed premiums written

1,977

238

(37,988

)

(25,494

)

Ceded premiums written

62,561

3,940

125,149

160,734

Direct premiums written

$

1,623,583

$

1,484,985

$

3,196,324

$

2,930,428

Incurred losses and loss adjustment expenses

$

973,280

$

940,037

$

1,906,231

$

2,160,850

Change in net loss and loss adjustment expense reserves

(28,229

)

(41,322

)

(41,652

)

(326,434

)

Paid losses and loss adjustment expenses

$

945,051

$

898,715

$

1,864,579

$

1,834,416

Net income

$

263,502

$

166,472

$

453,922

$

58,145

Less: Net realized investment gains

86,512

23,480

81,970

46,801

Tax on net realized investment gains

(b)

18,168

4,931

17,214

9,828

Net realized investment gains, net of tax

68,344

18,549

64,756

36,973

Operating income

$

195,158

$

147,923

$

389,166

$

21,172

Per diluted share:

Net income

$

4.76

$

3.01

$

8.20

$

1.05

Less: Net realized investment gains, net of tax

1.23

0.33

1.17

0.67

Operating income (c)

$

3.52

$

2.67

$

7.03

$

0.38

Combined ratio

89.6

%

105.4

%

Effect of estimated prior periods’ loss development

1.5

%

1.8

%

Combined ratio-accident period basis

91.1

%

107.2

%

(a)

See “Information Regarding GAAP and Non-GAAP Measures.”

(b)

Based on federal statutory rate of 21%.

(c)

Operating income per diluted share for each of the three months ended June 30, 2026 and 2025 does not sum

due to rounding.

6

Information Regarding GAAP and Non-GAAP Measures

The Company has presented information within this document containing operating measures which in management’s opinion provide investors

with useful, industry specific information to help them evaluate, and perform meaningful comparisons of, the Company’s performance, but that may not be presented in accordance with GAAP. These measures are not intended to replace, and should

be read in conjunction with, the GAAP financial results.

Net income (loss) is the GAAP measure that is most directly comparable to

operating income (loss). Operating income (loss) is net income (loss) excluding realized investment gains and losses, net of tax. Operating income (loss) is used by management along with the other components of net income (loss) to assess the

Company’s performance. Management uses operating income (loss) as an important measure to evaluate the results of the Company’s insurance business. Management believes that operating income (loss) provides investors with a valuable

measure of the Company’s ongoing performance as it reveals trends in the Company’s insurance business that may be obscured by the effect of net realized investment gains and losses. Realized investment gains and losses may vary

significantly between periods and are generally driven by external economic developments such as capital market conditions. Accordingly, operating income (loss) highlights the results from ongoing operations and the underlying profitability of the

Company’s core insurance business. Operating income (loss), which is provided as supplemental information and should not be considered as a substitute for net income (loss), does not reflect the overall profitability of the Company’s

business. It should be read in conjunction with the GAAP financial results. See “Supplemental Schedules” above for a reconciliation of net income (loss) to operating income (loss).

Net premiums earned, the most directly comparable GAAP measure to net premiums written and direct premiums written, represents the

portion of premiums written that is recognized as revenue in the financial statements for the periods presented and earned on a pro-rata basis over the term of the policies. Net premiums written is a

statutory financial measure which represents the premiums charged on policies issued during a fiscal period net of any applicable reinsurance; direct premiums written is such a measure before any applicable reinsurance. Net premiums written

and direct premiums written are designed to determine production levels and are meant as supplemental information and not intended to replace net premiums earned. Such information should be read in conjunction with the GAAP financial results. See

“Supplemental Schedules” above for a reconciliation of net premiums earned to net premiums written and direct premiums written.

Incurred losses and loss adjustment expenses is the most directly comparable GAAP measure to paid losses and loss adjustment

expenses. Paid losses and loss adjustment expenses excludes the effects of changes in the loss reserve accounts. Paid losses and loss adjustment expenses is provided as supplemental information and is not intended to replace incurred losses

and loss adjustment expenses. It should be read in conjunction with the GAAP financial results. See “Supplemental Schedules” above for a reconciliation of incurred losses and loss adjustment expenses to paid losses and loss adjustment

expenses.

Combined ratio is the most directly comparable measure to combined ratio-accident period basis. Combined

ratio-accident period basis is computed as the difference between two GAAP operating ratios: the combined ratio and prior accident periods’ loss development ratio. Management believes that combined ratio-accident period basis is useful to

investors and it is used to reveal the trends in the Company’s results of operations that may be obscured by development on prior accident periods’ loss reserves. Combined ratio-accident period basis is meant as supplemental information

and is not intended to replace the GAAP combined ratio. It should be read in conjunction with the GAAP financial results. See “Supplemental Schedules” above for a reconciliation of GAAP combined ratio to combined ratio-accident period

basis.

7

GRAPHIC

GRAPHIC

Filename: g61051g61e00.jpg · Sequence: 7

Binary file (7750 bytes)

Download g61051g61e00.jpg

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 9

v3.26.1

Document and Entity Information

Aug. 04, 2026

Document Information [Line Items]

Document Type

8-K

Document Period End Date

Aug. 04, 2026

Entity File Number

001-12257

Entity Registrant Name

MERCURY GENERAL CORPORATION

Entity Incorporation State Country Code

CA

Entity Tax Identification Number

95-2211612

Entity Address Address Line 1

4484 Wilshire Boulevard

Entity Address City Or Town

Los Angeles

Entity Address State Or Province

CA

Entity Address Postal Zip Code

90010

City Area Code

323

Local Phone Number

937-1060

Written Communications

false

Soliciting Material

false

Pre Commencement Tender Offer

false

Pre Commencement Issuer Tender Offer

false

Entity Emerging Growth Company

false

Entity Central Index Key

0000064996

Amendment Flag

false

New York Stock Exchange [Member]

Document Information [Line Items]

Security 12b Title

Common Stock

Trading Symbol

MCY

Security Exchange Name

NYSE

New York Stock Exchange Texas [Member]

Document Information [Line Items]

Security 12b Title

Common Stock

Trading Symbol

MCY

Security Exchange Name

CHX

X

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:

dei_DocumentInformationLineItems

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

na

Period Type:

duration

X

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Details

Name:

dei_EntityListingsExchangeAxis=exch_XNYS

Namespace Prefix:

Data Type:

na

Balance Type:

Period Type:

X

- Details

Name:

dei_EntityListingsExchangeAxis=exch_XCHI

Namespace Prefix:

Data Type:

na

Balance Type:

Period Type: