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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue:    
Revenue $ 1,071,602 $ 1,002,293
Net investment income 243,834 235,820
Realized gains (losses) (7,244) 28,152
Other income 164 295
Total revenue 1,308,356 1,266,560
Benefits and expenses:    
Life policyholder benefits 549,343 517,631
Health policyholder benefits 196,855 187,829
Other policyholder benefits 7,050 7,259
Total policyholder benefits 753,248 712,719
Amortization of deferred acquisition costs 158,384 152,993
Commissions, premium taxes, and non-deferred acquisition costs 90,813 79,666
Other operating expense 84,352 81,210
Interest expense 19,944 21,178
Total benefits and expenses 1,106,741 1,047,766
Income before income taxes 201,615 218,794
Income tax benefit (expense) (37,254) (40,277)
Net income $ 164,361 $ 178,517
Basic net income per common share (in dollars per share) $ 1.66 $ 1.73
Diluted net income per common share (in dollars per share) $ 1.64 $ 1.70
Life premium    
Revenue:    
Revenue $ 754,602 $ 708,119
Health premium    
Revenue:    
Revenue 317,000 294,173
Other premium    
Revenue:    
Revenue $ 0 $ 1