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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenue:      
Premium $ 3,595,134 $ 3,421,906 $ 3,282,935
Net investment income 910,459 882,512 847,885
Realized gains (losses) 20,621 (1,804) 23,611
Other income 1,318 1,137 1,142
Total revenue 4,527,532 4,303,751 4,155,573
Benefits and expenses:      
Life policyholder benefits 1,638,053 1,591,790 1,558,261
Health policyholder benefits 687,764 649,188 633,778
Other policyholder benefits 31,532 34,264 35,836
Total policyholder benefits 2,357,349 2,275,242 2,227,875
Amortization of deferred policy acquisition costs 551,726 516,690 490,403
Commissions, premium taxes, and non-deferred acquisition costs 298,047 278,487 264,860
Other operating expense 304,825 279,585 257,255
Interest expense 84,306 90,076 84,532
Total expenses 3,596,253 3,440,080 3,324,925
Income before income taxes 931,279 863,671 830,648
Income tax benefit (expense) (170,397) (162,161) 627,615
Income from continuing operations 760,882 701,510 1,458,263
Loss (income) from discontinued operations, net of income taxes (92) (44) (3,769)
Net income $ 760,790 $ 701,466 $ 1,454,494
Basic net income (loss) per common share:      
Continuing operations (in dollars per share) $ 6.97 $ 6.22 $ 12.53
Discontinued operations (in dollars per share) 0 0 (0.03)
Total basic net income per common share (in dollars per share) 6.97 6.22 12.50
Diluted net income (loss) per common share:      
Continuing operations (in dollars per share) 6.83 6.09 12.26
Discontinued operations (in dollars per share) 0 0 (0.04)
Total diluted net income per common share (in dollars per share) $ 6.83 $ 6.09 $ 12.22
Life premium      
Revenue:      
Premium $ 2,517,784 $ 2,406,555 $ 2,306,547
Health premium      
Revenue:      
Premium 1,077,346 1,015,339 976,373
Other premium      
Revenue:      
Premium $ 4 $ 12 $ 15