Radian Group Inc. Schedule II—Financial Information of Registrant Statements of Operations Parent Company Only Year Ended December 31,  (In thousands) 2012 2011 2010 Revenues: Net investment income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 9,093 $ 15,890 $ 8,626 Net gains on investments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,816 24,603 61,120 Net gains on other financial instruments. . . . . . . . . . . . . . . . . . . . . . 9,180 1,085 2,496 Other income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 3 220 Total revenues. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27,092 41,581 72,462 Expenses: Other operating expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,690 — — Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17,756 16,132 1,911 Total expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,446 16,132 1,911 Income before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,646 25,449 70,551 Benefit for income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (40,187) (201,741) (209,235) Equity in net (loss) income of af filiates . . . . . . . . . . . . . . . . . . . . . . . . . . (498,301) 74,960 (2,085,653) Net (loss) income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ (451,468) $ 302,150 $ (1,805,867) See Supplemental Notes. F-3