NATIONAL WESTERN LIFE GROUP, INC. NWLI Income Statement

National western life group, inc. (NWLI)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Sep'14
Premiums and other revenues:
Universal life and annuity contract charges
147,074	149,721	151,156	151,603	154,638	155,205	154,391	156,372	157,124	159,968	161,985	162,050	162,801	163,447	164,566	163,408	160,305	155,608	151,435	0	0	0
Traditional life premiums
96,187	90,248	70,501	50,611	31,729	18,291	18,605	19,681	18,886	18,962	19,194	18,540	19,324	19,276	19,071	19,280	19,525	19,699	18,855	0	0	0
Net investment income (loss)
390,683	555,492	379,188	446,285	439,663	349,077	551,740	527,878	548,688	659,685	597,987	573,277	543,916	467,674	456,455	385,683	374,691	379,114	369,357	0	0	0
Other revenues
14,726	17,486	18,860	20,698	22,019	20,603	22,751	22,312	21,562	21,070	18,565	18,369	18,528	18,901	26,626	27,217	27,715	28,166	20,967	0	0	0
Net realized investment gains (losses):
Total other-than-temporary impairment (“OTTI”) gains (losses)
7,848	7,847	7,849	5,903	0	0	172	149	129	112	11	10	6	0	-2,439	-2,696	-2,667	-2,801	-442	0	0	0
Portion of OTTI (gains) losses recognized in other comprehensive income
10	9	14	13	12	12	659	636	616	599	-39	14	64	110	2,584	2,841	2,919	3,053	549	0	0	0
Other-than-temporary Impairment Loss, Debt Securities, Portion Recognized in Earnings
7,838	7,838	7,835	5,890	-12	-12	-487	-487	-487	-487	-110	-110	-110	-110	145	145	252	252	107	0	0	0
Other net investment gains (losses)
12,944	14,088	14,390	15,222	12,441	8,423	9,551	9,350	12,901	14,875	13,387	16,739	13,274	13,070	11,894	7,281	8,864	7,461	8,325	0	0	0
Total net realized investment gains (losses)
5,097	6,241	6,543	9,320	12,441	8,423	9,439	9,238	12,789	14,763	13,387	16,739	13,274	13,070	11,749	7,136	8,612	7,209	8,218	0	0	0
Total revenues
653,767	819,188	626,248	678,517	660,490	551,599	756,926	735,481	759,049	874,448	811,118	788,975	757,843	682,368	678,467	602,724	590,848	589,796	568,832	0	0	0
Benefits and expenses:
Life and other policy benefits
142,787	137,342	122,455	88,281	72,085	65,297	57,465	72,736	73,129	71,485	75,584	71,999	69,685	65,529	66,456	63,207	63,787	67,452	62,730	0	0	0
Amortization of deferred policy acquisition costs and value of business acquired
114,675	116,802	111,271	115,048	114,706	114,771	118,468	110,415	112,404	114,387	118,550	124,223	120,131	121,139	121,134	128,797	127,901	120,333	111,247	0	0	0
Universal life and annuity contract interest
186,388	295,330	153,238	217,938	218,789	136,055	320,474	304,128	325,308	437,019	368,660	328,637	309,266	248,390	241,764	190,247	176,879	176,901	173,940	0	0	0
Other operating expenses
98,331	104,558	98,700	96,924	96,385	93,969	105,436	103,995	105,543	107,002	102,174	103,173	96,233	94,448	86,953	81,840	81,239	78,442	78,245	0	0	0
Total benefits and expenses
542,181	654,032	485,664	518,191	501,965	410,092	601,843	591,274	616,384	729,893	664,968	628,032	595,315	529,506	516,307	464,091	449,806	443,128	426,162	0	0	0
Earnings (loss) before Federal income taxes
111,586	165,156	140,584	160,326	158,525	141,507	155,083	144,207	142,665	144,555	146,150	160,943	162,528	152,862	162,160	138,633	141,042	146,668	142,670	0	0	0
Federal income taxes
22,230	33,540	24,925	29,015	28,444	24,749	20,514	23,466	28,907	34,134	51,705	54,575	55,357	51,970	52,888	46,876	46,713	48,272	47,799	0	0	0
Net earnings (loss)
89,356	131,616	115,659	131,311	130,081	116,758	134,569	120,741	113,758	110,421	94,445	106,368	107,171	100,892	109,272	91,757	94,329	98,396	94,871	0	0	0
Basic earnings (loss) per share:
Diluted earnings (loss) per share:
Class A
Net earnings (loss)
86,829	127,894	112,388	127,597	126,402	113,456	130,764	117,327	110,541	107,298	0	0	0	-	-	-	-	-	-	-	-	-
Earnings (loss) per share, basic (in dollars per share)
-0.58	10.67	5.65	9.53	11.37	6.16	10.08	9.18	7.60	11.19	6.17	7.21	6.66	-	-	-	-	-	-	-	-	-
Earnings (loss) per share, diluted (in dollars per share)
-0.58	10.67	5.65	9.53	11.37	6.16	10.08	9.18	7.60	11.20	6.17	7.21	6.65	-	-	-	-	-	-	-	-	-
Class B
Net earnings (loss)
2,527	3,722	3,271	3,714	3,679	3,302	3,805	3,414	3,217	3,123	0	0	0	-	-	-	-	-	-	-	-	-
Earnings (loss) per share, basic (in dollars per share)
-0.29	5.34	2.83	4.76	5.68	3.08	5.04	4.59	3.80	5.60	3.08	3.60	3.33	-	-	-	-	-	-	-	-	-
Earnings (loss) per share, diluted (in dollars per share)
-0.29	5.34	2.83	4.76	5.68	3.08	5.04	4.59	3.80	5.60	3.08	3.60	3.33	-	-	-	-	-	-	-	-	-