Globe life inc. (TMK)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09Sep'08Jun'08
Revenue:
Premium

3,633

3,595

3,545

3,506

3,462

3,421

3,391

3,349

3,312

3,282

3,244

3,208

3,177

3,137

3,105

3,069

3,036

2,998

2,674

2,711

2,759

2,836

2,852

2,817

2,783

2,749

3,034

2,983

2,922

2,856

2,777

2,728

2,694

2,656

2,656

2,663

2,660

2,651

2,636

2,660

0

0

0

0

0

Net investment income

912

910

907

899

891

882

871

863

857

847

840

829

818

806

795

786

779

773

770

766

761

758

770

757

745

734

706

699

696

693

693

697

695

693

684

683

680

676

669

664

0

0

0

0

0

Realized gains (losses)

-6

20

1

-9

-2

-1

32

43

31

23

-12

-21

-16

-10

-8

-7

-8

-8

15

9

7

23

17

23

28

10

35

38

37

43

21

27

53

25

51

46

10

42

16

17

0

0

0

0

0

Other-than-temporary impairments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

8

8

8

5

0

0

0

-

-

-

-

4

65

100

0

0

0

0

0

Portion of impairment loss recognized in other comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

Other income

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

2

2

2

2

2

1

1

1

1

2

1

1

1

1

1

2

2

2

2

2

2

2

1

0

0

0

0

0

Total revenue

4,541

4,527

4,455

4,398

4,352

4,303

4,295

4,258

4,202

4,155

4,074

4,017

3,980

3,934

3,893

3,850

3,809

3,766

3,462

3,489

3,530

3,620

3,642

3,600

3,560

3,494

3,770

3,714

3,649

3,589

3,494

3,454

3,446

3,377

3,391

3,392

3,351

3,367

3,282

3,263

0

0

0

0

0

Benefits and expenses:
Life policyholder benefits

1,650

1,638

1,622

1,612

1,600

1,591

1,586

1,576

1,567

1,558

1,545

1,529

1,507

1,479

1,447

1,419

1,397

1,374

1,358

1,344

1,321

1,301

1,278

1,256

1,242

1,227

1,214

1,204

1,186

1,172

1,161

1,146

1,131

1,118

1,109

1,098

1,091

1,082

1,068

1,075

0

0

0

0

0

Health policyholder benefits

696

687

676

668

658

649

647

640

636

633

623

621

617

612

613

609

607

602

335

382

452

559

601

604

587

567

814

786

764

739

706

682

667

631

641

648

654

669

669

694

0

0

0

0

0

Other policyholder benefits

31

31

32

32

33

34

34

35

35

35

36

36

36

36

37

37

38

38

39

40

41

42

42

42

43

43

43

43

43

44

43

43

42

42

42

42

41

41

40

38

0

0

0

0

0

Total policyholder benefits

2,377

2,357

2,331

2,314

2,293

2,275

2,268

2,251

2,239

2,227

2,205

2,186

2,161

2,128

2,097

2,066

2,043

2,016

1,733

1,767

1,814

1,903

1,922

1,903

1,873

1,838

2,072

2,034

1,995

1,955

1,912

1,871

1,841

1,793

1,794

1,788

1,788

1,793

1,777

1,808

0

0

0

0

0

Amortization of deferred acquisition costs

559

551

540

531

522

516

508

501

494

490

486

481

476

469

464

459

453

445

436

429

421

415

411

405

403

400

400

396

390

385

377

373

368

364

317

332

345

362

420

420

0

0

0

0

0

Commissions, premium taxes, and non-deferred acquisition costs

303

298

291

286

282

278

275

273

269

264

261

254

252

249

246

245

242

237

213

217

220

222

225

216

208

207

222

215

211

203

199

206

211

216

0

0

0

-

-

-

-

-

-

-

-

Commissions and premium taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

Other operating expense

310

304

296

295

285

279

278

267

261

257

246

241

236

232

229

228

225

223

215

215

215

217

219

217

216

211

214

209

202

198

203

200

199

201

187

185

183

176

172

174

0

0

0

0

0

Interest expense

83

84

87

88

89

90

88

86

85

84

83

82

84

83

82

80

76

76

76

76

76

76

76

76

78

80

82

82

81

80

78

78

78

77

77

76

76

75

76

73

0

0

0

0

0

Total benefits and expenses

3,635

3,596

3,547

3,517

3,473

3,440

3,419

3,381

3,350

3,324

3,283

3,246

3,212

3,162

3,120

3,080

3,042

2,999

2,676

2,705

2,748

2,835

2,855

2,820

2,780

2,738

2,992

2,939

2,880

2,823

2,771

2,730

2,699

2,653

2,656

2,640

2,627

2,617

2,575

2,604

0

0

0

0

0

Income before income taxes

906

931

907

880

878

863

876

876

851

830

790

771

768

772

772

769

767

766

786

784

781

784

787

780

779

755

777

775

768

765

722

723

746

723

734

752

724

750

706

658

0

0

0

0

0

Income tax benefit (expense)

165

170

169

165

165

162

-687

-662

-643

-627

234

226

225

232

238

243

248

249

257

256

255

256

269

263

259

248

240

240

238

236

221

222

230

226

228

239

234

246

234

211

0

0

0

0

0

Income from continuing operations

741

760

738

715

713

701

1,564

1,538

1,494

1,458

555

544

543

539

533

525

519

516

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

497

505

512

489

504

471

0

0

0

-

-

-

Loss (income) from discontinued operations, net of income taxes

-0

-0

-0

-0

0

-0

-0

-0

-0

-3

6

16

16

10

13

14

10

10

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5

-8

0

0

0

-

-

-

Income from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29

22

0

0

0

-

-

-

Discontinued operations-loss on disposal, net of tax benefit of $467 in 2011

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0

-4

-35

-35

-35

-31

0

0

0

-

-

-

Net income

740

760

738

715

713

701

1,564

1,538

1,494

1,454

562

561

559

549

547

540

529

527

540

527

531

542

539

538

541

528

536

535

530

529

501

501

515

497

510

494

477

498

463

462

0

0

0

0

0

Basic net income (loss) per common share:
Continuing operations (in dollars per share)

1.54

1.73

1.85

1.70

1.68

1.48

1.59

1.63

1.52

8.85

1.32

1.20

1.16

1.05

1.19

1.16

1.10

0.97

1.08

1.05

1.03

-

-

-

-

-

-

-

-

-

-

-

-

1.19

1.25

1.29

0.87

0.63

1.14

0.97

1.39

1.19

-

-

-

Discontinued operations (in dollars per share)

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

-0.03

0.09

0.08

-0.01

-0.08

0.10

0.09

-0.04

-0.07

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

-0.01

0.02

-0.19

0.05

0.08

0.03

-

-

-

Total basic net income per common share (in dollars per share)

1.54

1.73

1.85

1.70

1.68

1.48

1.59

1.63

1.52

8.85

1.32

1.20

1.13

1.14

1.27

1.15

1.02

1.07

1.17

1.01

0.96

1.13

1.02

1.00

1.00

0.62

0.97

0.97

1.28

-0.24

1.37

1.33

1.19

1.19

1.25

1.29

0.86

0.65

0.95

1.02

1.47

1.22

1.38

0.73

1.49

Diluted net income (loss) per common share:
Continuing operations (in dollars per share)

1.52

1.69

1.82

1.67

1.65

1.45

1.55

1.59

1.49

8.65

1.29

1.18

1.14

1.04

1.16

1.13

1.08

0.95

1.06

1.04

1.02

-

-

-

-

-

-

-

-

-

-

-

-

1.16

1.25

1.27

0.85

0.60

1.13

0.97

1.39

1.19

-

-

-

Discontinued operations (in dollars per share)

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

-0.01

0.00

0.00

-0.03

0.06

0.09

0.00

-0.07

0.11

0.09

-0.04

-0.07

-

-

-

-

-

-

-

-

-

-

-

-

0.01

0.00

0.00

-0.01

0.03

-0.19

0.05

0.07

0.03

-

-

-

Total diluted net income per common share (in dollars per share)

1.52

1.69

1.82

1.67

1.65

1.45

1.55

1.59

1.49

8.64

1.29

1.18

1.11

1.10

1.25

1.13

1.01

1.06

1.15

1.00

0.95

1.13

1.00

0.98

0.98

0.61

0.95

0.96

1.27

-0.25

1.36

1.32

1.17

1.17

1.25

1.27

0.84

0.63

0.94

1.02

1.46

1.22

1.38

0.72

1.47

Dividends declared per common share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

0.15

0.15

0.15

-

0.14

0.14

0.14

-

0.14

0.14

0.14

-

0.13

0.13

0.13

-

0.11

0.11

0.17

-

0.15

0.15

0.15

0.12

0.12

0.11

0.11

0.05

0.11

0.10

0.15

0.14

0.14

0.14

0.14

Life premium
Premium

2,543

2,517

2,486

2,461

2,432

2,406

2,387

2,357

2,329

2,306

2,276

2,246

2,221

2,189

2,159

2,132

2,103

2,073

2,045

2,018

1,990

1,966

1,941

1,920

1,903

1,885

1,868

1,851

1,827

1,808

1,788

1,764

1,747

1,726

1,709

1,696

1,680

1,663

1,645

1,643

0

0

0

0

0

Health premium
Premium

1,090

1,077

1,059

1,045

1,030

1,015

1,004

992

983

976

968

962

956

947

945

937

932

925

628

692

768

869

910

897

879

863

1,164

1,130

1,094

1,047

988

962

946

929

946

966

979

987

990

1,014

0

0

0

0

0

Other premium
Premium

-

-

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

2

0

0

0

0

0