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Condensed Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Premiums and other revenues:        
Universal life and annuity contract charges $ 32,692 $ 34,060 $ 65,343 $ 68,949
Traditional life premiums 21,647 22,112 43,980 44,696
Net investment income 55,474 156,544 125,198 322,619
Other revenues 5,578 6,034 11,375 11,448
Net realized investment gains:        
Other net investment gains 1,766 3,415 5,560 4,831
Total net realized investment gains 1,766 3,415 5,560 4,831
Total revenues 117,157 222,165 251,456 452,543
Benefits and expenses:        
Life and other policy benefits 35,177 35,904 77,076 73,793
Amortization of deferred transaction costs 27,756 25,123 56,772 55,112
Universal life and annuity contract interest (13,801) 69,973 (28,606) 122,818
Other operating expenses 30,321 28,468 62,903 59,803
Total benefits and expenses 79,453 159,468 168,145 311,526
Earnings before Federal income taxes 37,704 62,697 83,311 141,017
Federal income taxes 6,939 12,798 16,362 28,989
Net earnings 30,765 49,899 66,949 112,028
Class A        
Benefits and expenses:        
Net earnings $ 29,895 $ 48,488 $ 65,056 $ 108,860
Basic earnings per share:        
Basic earnings per share (in dollars per share) $ 8.70 $ 14.11 $ 18.93 $ 31.68
Diluted earnings per share:        
Diluted earnings per share (in dollars per share) $ 8.70 $ 14.11 $ 18.93 $ 31.68
Class B        
Benefits and expenses:        
Net earnings $ 870 $ 1,411 $ 1,893 $ 3,168
Basic earnings per share:        
Basic earnings per share (in dollars per share) $ 4.35 $ 7.06 $ 9.47 $ 15.84
Diluted earnings per share:        
Diluted earnings per share (in dollars per share) $ 4.35 $ 7.06 $ 9.47 $ 15.84