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Business Segments (Tables)
 6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Segment Premium Income by Distribution Channel
Premium Income by Distribution Channel
Three Months Ended June 30, 2022
 LifeHealthAnnuityTotal
Distribution ChannelAmount% of
Total		Amount% of
Total		Amount% of
Total		Amount% of
Total
American Income$376,419 50 $29,392 9 $— — $405,811 38 
Direct to Consumer249,365 33 17,591 6 — — 266,956 25 
Liberty National81,451 11 46,655 15 — — 128,106 12 
United American2,014 — 134,793 42 — — 136,807 13 
Family Heritage1,370 — 90,758 28 — — 92,128 8 
Other49,305 6 — — — — 49,305 4 
$759,924 100 $319,189 100 $— — $1,079,113 100 
Premium Income by Distribution Channel

 Three Months Ended June 30, 2021
 LifeHealthAnnuityTotal
Distribution ChannelAmount
% of
Total
Amount
% of
Total
Amount
% of
Total
Amount
% of
Total
American Income$347,696 48 $28,789 10 $— — $376,485 37 
Direct to Consumer249,440 34 18,450 6 — — 267,890 26 
Liberty National77,853 11 47,118 16 — — 124,971 12 
United American2,261 — 116,217 39 — — 118,478 12 
Family Heritage1,226 — 85,012 29 — — 86,238 8 
Other49,694 7 — — — — 49,694 5 
$728,170 100 $295,586 100 $— — $1,023,756 100 
Six Months Ended June 30, 2022
 LifeHealthAnnuityTotal
Distribution ChannelAmount% of
Total		Amount% of
Total		Amount% of
Total		Amount% of
Total
American Income$746,406 49 $58,246 9 $— — $804,652 37 
Direct to Consumer500,491 33 36,347 6 — — 536,838 25 
Liberty National162,170 11 93,841 15 — — 256,011 12 
United American4,073 — 267,457 42 — — 271,530 13 
Family Heritage2,739 — 180,298 28 — — 183,037 8 
Other98,647 7 — — — — 98,647 5 
$1,514,526 100 $636,189 100 $— — $2,150,715 100 

 Six Months Ended June 30, 2021
 LifeHealthAnnuityTotal
Distribution ChannelAmount
% of
Total
Amount
% of
Total
Amount
% of
Total
Amount
% of
Total
American Income$682,591 48 $56,140 9 $— — $738,731 37 
Direct to Consumer493,468 34 37,810 6 — — 531,278 26 
Liberty National153,590 11 94,158 16 — — 247,748 12 
United American4,538 — 233,304 40 1 100 237,843 12 
Family Heritage2,344 — 168,347 29 — — 170,691 8 
Other99,758 7 — — — — 99,758 5 
$1,436,289 100 $589,759 100 $1 100 $2,026,049 100 
Reconciliation of Segment Operating Information to Consolidated Statement of Operations
The following tables set forth a reconciliation of Globe Life's revenues and operations by segment to its major income statement line items. See Note—1 Significant Accounting Policies for additional information concerning reconciling items of segment profits to pretax income.
Three Months Ended June 30, 2022
LifeHealthAnnuityInvestmentCorporate & OtherAdjustmentsConsolidated
Revenue:
Premium$759,924 $319,189 $— $— $— $— $1,079,113 
Net investment income— — — 243,642 — — 243,642 
Other income— — — — 299 — 299 
Total revenue759,924 319,189 — 243,642 299 — 1,323,054 
Expenses:
Policy benefits511,034 197,218 7,074 — — — 715,326 
Required interest on reserves(191,722)(27,238)(9,670)228,630 — — — 
Required interest on DAC56,643 7,562 49 (64,254)— — — 
Amortization of acquisition costs122,532 32,221 452 — — — 155,205 
Commissions, premium taxes, and non-deferred acquisition costs63,887 29,703 5 — — — 93,595 
Insurance administrative expense(1)
— — — — 73,700 4,985 (2)78,685 
Parent expense— — — — 2,893 (368)(2)2,525 
Stock-based compensation expense— — — — 8,448 — 8,448 
Interest expense— — — 21,828 — — 21,828 
Total expenses562,374 239,466 (2,090)186,204 85,041 4,617 1,075,612 
Subtotal197,550 79,723 2,090 57,438 (84,742)(4,617)247,442 
Non-operating items— — — — — 4,617 (2)4,617 
Measure of segment profitability (pretax)
$197,550 $79,723 $2,090 $57,438 $(84,742)$— 252,059 
Realized gain (loss)—investments(30,446)
Non-operating expenses(4,617)
Income before income taxes per Condensed Consolidated Statements of Operations
$216,996 
(1)Administrative expense is not allocated to insurance segments.
(2)Non-operating expenses.
Three Months Ended June 30, 2021
LifeHealthAnnuityInvestmentCorporate & OtherAdjustmentsConsolidated
Revenue:
Premium$728,170 $295,586 $— $— $— $— $1,023,756 
Net investment income— — — 238,308 — — 238,308 
Other income— — — — 388 — 388 
Total revenue728,170 295,586 — 238,308 388 — 1,262,452 
Expenses:
Policy obligations498,471 188,854 7,286 — — — 694,611 
Required interest on reserves(182,495)(25,434)(10,016)217,945 — — — 
Required interest on DAC54,222 7,077 66 (61,365)— — — 
Amortization of acquisition costs120,407 27,132 482 — — — 148,021 
Commissions, premium taxes, and non-deferred acquisition costs58,810 23,496 6 — — — 82,312 
Insurance administrative expense(1)
— — — — 67,503 261 (2)67,764 
Parent expense— — — — 2,757 — 2,757 
Stock-based compensation expense— — — — 8,634 — 8,634 
Interest expense— — — 21,769 — — 21,769 
Total expenses549,415 221,125 (2,176)178,349 78,894 261 1,025,868 
Subtotal178,755 74,461 2,176 59,959 (78,506)(261)236,584 
Non-operating items— — — — — 261 (2)261 
Measure of segment profitability (pretax)
$178,755 $74,461 $2,176 $59,959 $(78,506)$— 236,845 
Realized gain (loss)—investments8,659 
Legal proceedings(261)
Income before income taxes per Condensed Consolidated Statements of Operations
$245,243 
(1)Administrative expense is not allocated to insurance segments.
(2)Legal proceedings
.
The following tables set forth a reconciliation of Globe Life's revenues and operations by segment to its major income statement line items. See Note—1 Significant Accounting Policies for additional information concerning reconciling items of segment profits to pretax income.
Six Months Ended June 30, 2022
LifeHealthAnnuityInvestmentCorporate & OtherAdjustmentsConsolidated
Revenue:
Premium$1,514,526 $636,189 $— $— $— $— $2,150,715 
Net investment income— — — 487,476 — — 487,476 
Other income— — — — 463 — 463 
Total revenue1,514,526 636,189 — 487,476 463 — 2,638,654 
Expenses:
Policy obligations1,060,377 394,073 14,124 — — — 1,468,574 
Required interest on reserves(381,431)(54,103)(19,342)454,876 — — — 
Required interest on DAC112,875 15,025 102 (128,002)— — — 
Amortization of acquisition costs248,611 64,073 905 — — — 313,589 
Commissions, premium taxes, and non-deferred acquisition costs126,090 58,305 13 — — — 184,408 
Insurance administrative expense(1)
— — — — 146,265 5,097 (2)151,362 
Parent expense— — — — 5,533 (368)(2)5,165 
Stock-based compensation expense— — — — 17,483 — 17,483 
Interest expense— — — 41,772 — — 41,772 
Total expenses1,166,522 477,373 (4,198)368,646 169,281 4,729 2,182,353 
Subtotal348,004 158,816 4,198 118,830 (168,818)(4,729)456,301 
Non-operating items— — — — — 4,729 (2)4,729 
Measure of segment profitability (pretax)
$348,004 $158,816 $4,198 $118,830 $(168,818)$— 461,030 
Realized gain (loss)—investments(37,690)
Non-operating expenses(4,729)
Income before income taxes per Condensed Consolidated Statements of Operations
$418,611 
(1)Administrative expense is not allocated to insurance segments.
(2) Non-operating expenses.
Six Months Ended June 30, 2021
LifeHealthAnnuityInvestmentCorporate & OtherAdjustmentsConsolidated
Revenue:
Premium$1,436,289 $589,759 $1 $— $— $— $2,026,049 
Net investment income— — — 474,128 — — 474,128 
Other income— — — — 683 — 683 
Total revenue1,436,289 589,759 1 474,128 683 — 2,500,860 
Expenses:
Policy obligations1,016,102 376,683 14,545 — — — 1,407,330 
Required interest on reserves(362,420)(50,429)(20,021)432,870 — — — 
Required interest on DAC108,017 14,039 136 (122,192)— — — 
Amortization of acquisition costs243,711 56,339 964 — — — 301,014 
Commissions, premium taxes, and non-deferred acquisition costs115,478 46,486 14 — — — 161,978 
Insurance administrative expense(1)
— — — — 133,679 5,089 (2)138,768 
Parent expense— — — — 5,075 — 5,075 
Stock-based compensation expense— — — — 16,522 — 16,522 
Interest expense— — — 42,947 — — 42,947 
Total expenses1,120,888 443,118 (4,362)353,625 155,276 5,089 2,073,634 
Subtotal315,401 146,641 4,363 120,503 (154,593)(5,089)427,226 
Non-operating items— — — — — 5,089 (2)5,089 
Measure of segment profitability (pretax)
$315,401 $146,641 $4,363 $120,503 $(154,593)$— 432,315 
Realized gain (loss)—investments36,811 
Legal proceedings(5,089)
Income before income taxes per Condensed Consolidated Statements of Operations
$464,037 
(1)Administrative expense is not allocated to insurance segments.
(2)Legal proceedings.