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Income Statement As-Reported

As-reported financial charting
 2012 Y2013 Y2014 Y2015 Y2016 Q3 YTD
Source Document12/31/201412/31/201512/31/201512/31/20159/30/2016
(in thousands)     
Insurance premiums and contract charges earned 670,527690,938715,760731,880564,860
Net investment income 306,003313,610329,815332,600270,685
Net realized investment gains 27,29822,24510,91712,7136,911
Other income 6,9864,4744,1933,2553,581
Total revenues 1,010,8141,031,2671,060,6851,080,448846,037
Benefits, losses and expenses 
Benefits, claims and settlement expenses 448,250448,317468,426496,364403,631
Interest credited 163,565169,893176,139182,842142,924
Policy acquisition expenses amortized 79,51984,64393,81798,91973,113
Operating expenses 156,058160,112161,992157,411130,478
Interest expense 14,24914,23614,19813,1228,858
Debt retirement costs NA002,338NA
Total benefits, losses and expenses 861,641877,201914,572950,996759,004
Income before income taxes 149,173154,066146,113129,45287,033
Income tax expense 45,30743,17341,87035,97023,091
Net income 103,866110,893104,24393,48263,942
Net income per share 
Basic 2.632.752.52.231.55
Diluted 2.512.662.472.21.55
Weighted average number of shares and equivalent shares (in thousands) 
Basic 39,51440,37741,64641,91541,155
Diluted 41,38841,63342,23142,42541,386
Net realized investment gains (losses) 
Total other-than-temporary impairment losses on securities 0(1,532)(6,385)(23,796)(7,686)
Portion of losses recognized in other comprehensive income 000(4,300)(290)
Net other-than-temporary impairment losses on securities recognized in earnings 0(1,532)(6,385)(19,496)(7,396)
Realized gains, net 27,29823,77717,30232,20914,307
Total 27,29822,24510,91712,7136,911
Comprehensive income 
Net income 103,866110,893104,24393,48263,942
Other comprehensive income (loss), net of taxes 
Change in net unrealized gains and losses on fixed maturities and equity securities 114,178(248,410)163,564(122,387)162,124
Change in net funded status of pension obligations 9313,535(1,177)1,1590
Other comprehensive income (loss) 115,109(244,875)162,387(121,228)162,124
Total 218,975(133,982)266,630(27,746)226,066

Data shown on this page is extracted directly from the company’s documents. SNL makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, SNL, as always, stands by its commitment to the quality of the data.

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