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Condensed Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Premiums and other revenues:    
Universal life and annuity contract charges $ 38,520 $ 41,364
Traditional life premiums 4,145 4,221
Net investment income 60,745 171,742
Other revenues 4,997 4,505
Net realized investment gains (losses):    
Total other-than-temporary impairment (“OTTI”) gains (losses) 3 20
Portion of OTTI (gains) losses recognized in other comprehensive income (3) (20)
Net OTTI losses recognized in earnings 0 0
Other net investment gains (losses) 611 2,585
Total net realized investment gains (losses) 611 2,585
Total revenues 109,018 224,417
Benefits and expenses:    
Life and other policy benefits 21,401 19,757
Amortization of deferred policy acquisition costs 32,229 34,212
Universal life and annuity contract interest (1,818) 109,893
Other operating expenses 23,633 25,092
Total benefits and expenses 75,445 188,954
Earnings before Federal income taxes 33,573 35,463
Federal income taxes 6,698 11,925
Net earnings 26,875 23,538
Class A    
Benefits and expenses:    
Net earnings $ 26,115 $ 22,872
Basic earnings per share:    
Earnings per share, basic (in dollars per share) $ 7.60 $ 6.66
Diluted earnings per share:    
Earnings per share, diluted (in dollars per share) $ 7.60 $ 6.65
Class B    
Benefits and expenses:    
Net earnings $ 760 $ 666
Basic earnings per share:    
Earnings per share, basic (in dollars per share) $ 3.80 $ 3.33
Diluted earnings per share:    
Earnings per share, diluted (in dollars per share) $ 3.80 $ 3.33