Segment and Other Operating Information (Tables)

3 Months Ended

Mar. 31, 2016

A summary of segment information for the quarters ended March 31, 2016 and March 31, 2015 is provided below.



Selected Segment Information:
	Domestic Life Insurance		International Life Insurance	Annuities		All Others	Totals
				(In thousands)

March 31, 2016
Condensed Consolidated Balance Sheet Items:
Deferred policy acquisition costs and sales inducements	$	76,444	242,788	647,371		—	966,603
Total segment assets	892,147		1,253,574	9,103,314		284,012	11,533,047
Future policy benefits	766,900		936,857	7,999,235		—	9,702,992
Other policyholder liabilities	15,190		12,996	126,013		—	154,199

Three Months Ended
March 31, 2016
Condensed Consolidated Income Statements:
Premiums and contract revenues	$	7,659	32,788	5,736		—	46,183
Net investment income	6,133		6,847	77,639		4,881	95,500
Other revenues	24		36	60		4,758	4,878

Total revenues	13,816		39,671	83,435		9,639	146,561

Life and other policy benefits	3,621		5,168	6,812		—	15,601
Amortization of deferred acquisition costs	2,011		5,105	28,104		—	35,220
Universal life and annuity contract interest	3,843		5,683	39,491		—	49,017
Other operating expenses	3,575		5,526	9,590		4,616	23,307
Federal income taxes (benefit)	252		5,984	(185	)	1,653	7,704

Total expenses	13,302		27,466	83,812		6,269	130,849

Segment earnings (loss)	$	514	12,205	(377	)	3,370	15,712



Selected Segment Information:
	Domestic Life Insurance			International Life Insurance		Annuities	All Others	Totals
						(In thousands)

March 31, 2015
Condensed Consolidated Balance Sheet Items:
Deferred policy acquisition costs and sales inducements	$	65,368		249,736		630,240	—	945,344
Total segment assets	783,839			1,246,906		8,988,348	259,212	11,278,305
Future policy benefits	675,837			949,876		7,916,554	—	9,542,267
Other policyholder liabilities	13,661			17,777		121,951	—	153,389

Three Months Ended
March 31, 2015
Condensed Consolidated Income Statements:
Premiums and contract revenues	$	6,487		30,333		4,840	—	41,660
Net investment income	7,165			8,614		79,236	4,908	99,923
Other revenues	16			86		15	5,212	5,329

Total revenues	13,668			39,033		84,091	10,120	146,912

Life and other policy benefits	5,113			6,205		7,948	—	19,266
Amortization of deferred acquisition costs	3,181			(650	)	25,121	—	27,652
Universal life and annuity contract interest	4,939			7,130		36,970	—	49,039
Other operating expenses	3,715			5,922		6,178	4,695	20,510
Federal income taxes (benefit)	(1,051		)	6,545		2,523	1,738	9,755

Total expenses	15,897			25,152		78,740	6,433	126,222

Segment earnings (loss)	$	(2,229	)	13,881		5,351	3,687	20,690

Reconciliations of segment information to the Company's condensed consolidated financial statements are provided below.



	Three Months Ended March 31,
	2016		2015
	(In thousands)

Premiums and Other Revenues:
Premiums and contract revenues	$	46,183	41,660
Net investment income	95,500		99,923
Other revenues	4,878		5,329
Realized gains (losses) on investments	2,381		978

Total condensed consolidated premiums and other revenues	$	148,942	147,890



	Three Months Ended March 31,
	2016		2015
	(In thousands)

Federal Income Taxes:
Total segment Federal income taxes	$	7,704	9,755
Taxes on realized gains (losses) on investments	834		342

Total condensed consolidated Federal income taxes	$	8,538	10,097



	Three Months Ended March 31,
	2016		2015
	(In thousands)

Net Earnings:
Total segment earnings	$	15,712	20,690
Realized gains (losses) on investments, net of taxes	1,547		636

Total condensed consolidated net earnings	$	17,259	21,326



	March 31,
	2016		2015
	(In thousands)

Assets:
Total segment assets	$	11,533,047	11,278,305
Other unallocated assets	150,648		183,698

Total condensed consolidated assets	$	11,683,695	11,462,003