| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 |
|---|---|---|---|---|---|---|
Premiums and other revenues: | ||||||
Universal life and annuity contract charges | ||||||
149,721 | 155,205 | 159,968 | 163,447 | 155,608 | 150,596 | 148,388 |
Traditional life premiums | ||||||
90,248 | 18,291 | 18,962 | 19,276 | 19,699 | 19,519 | 19,078 |
Net investment income (loss) | ||||||
555,492 | 349,077 | 659,685 | 467,674 | 379,114 | 505,430 | 660,432 |
Other revenues | ||||||
17,486 | 20,603 | 21,070 | 18,901 | 28,166 | 21,630 | 23,716 |
Net realized investment gains (losses): | ||||||
Total other-than-temporary impairment (“OTTI”) gains (losses) | ||||||
7,847 | 0 | 112 | 0 | -2,801 | 18 | -846 |
Portion of OTTI (gains) losses recognized in other comprehensive income | ||||||
9 | 12 | 599 | 110 | 3,053 | 132 | 1,151 |
Other-than-temporary Impairment Loss, Debt Securities, Portion Recognized in Earnings | ||||||
7,838 | -12 | -487 | -110 | 252 | 150 | 305 |
Other net investment gains (losses) | ||||||
14,088 | 8,423 | 14,875 | 13,070 | 7,461 | 11,755 | 8,958 |
Total net realized investment gains (losses) | ||||||
6,241 | 8,423 | 14,763 | 13,070 | 7,209 | 11,605 | 8,653 |
Total revenues | ||||||
819,188 | 551,599 | 874,448 | 682,368 | 589,796 | 708,780 | 860,267 |
Benefits and expenses: | ||||||
Life and other policy benefits | ||||||
137,342 | 65,297 | 71,485 | 65,529 | 67,452 | 54,295 | 60,050 |
Amortization of deferred policy acquisition costs and value of business acquired | ||||||
116,802 | 114,771 | 114,387 | 121,139 | 120,333 | 115,154 | 108,233 |
Universal life and annuity contract interest | ||||||
295,330 | 136,055 | 437,019 | 248,390 | 176,901 | 298,259 | 454,594 |
Other operating expenses | ||||||
104,558 | 93,969 | 107,002 | 94,448 | 78,442 | 83,551 | 95,693 |
Total benefits and expenses | ||||||
654,032 | 410,092 | 729,893 | 529,506 | 443,128 | 551,259 | 718,570 |
Earnings (loss) before Federal income taxes | ||||||
165,156 | 141,507 | 144,555 | 152,862 | 146,668 | 157,521 | 141,697 |
Federal income taxes | ||||||
33,540 | 24,749 | 34,134 | 51,970 | 48,272 | 51,933 | 45,450 |
Net earnings (loss) | ||||||
131,616 | 116,758 | 110,421 | 100,892 | 98,396 | 105,588 | 96,247 |
Basic earnings (loss) per share: | ||||||
Diluted earnings (loss) per share: | ||||||
Class A | ||||||
Net earnings (loss) | ||||||
127,894 | 113,456 | 107,298 | 98,039 | - | - | - |
Earnings (loss) per share, basic (in dollars per share) | ||||||
37.22 | 33.02 | 31.23 | 28.53 | - | - | - |
Earnings (loss) per share, diluted (in dollars per share) | ||||||
37.22 | 33.02 | 31.23 | 28.53 | - | - | - |
Class B | ||||||
Net earnings (loss) | ||||||
3,722 | 3,302 | 3,123 | 2,853 | - | - | - |
Earnings (loss) per share, basic (in dollars per share) | ||||||
18.61 | 16.51 | 15.61 | 14.27 | - | - | - |
Earnings (loss) per share, diluted (in dollars per share) | ||||||
18.61 | 16.51 | 15.61 | 14.27 | - | - | - |