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Condensed Financial Information of AMERCO, Statement of Operations (Table Text Block)
 12 Months Ended
Mar. 31, 2013
Table Text Block [Abstract]  
Condensed Financial Information of AMERCO, Statement of Operations
CONDENSED FINANCIAL INFORMATION OF AMERCO
STATEMENTS OF OPERATIONS
 
 
 
Years Ended March 31,
 
 
2013
 
2012
 
2011
 
 
(In thousands, except share and per share data)
Revenues:
 
 
 
 
 
 
Net interest income from subsidiaries
$
5,329
$
6,085
$
5,160
Expenses:
 
 
 
 
 
 
Operating expenses
 
13,611
 
9,081
 
7,489
Other expenses
 
97
 
98
 
99
Total expenses
 
13,708
 
9,179
 
7,588
Equity in earnings of subsidiaries
 
212,164
 
149,160
 
132,570
Interest income
 
91,125
 
94,278
 
85,584
Pretax earnings
 
294,910
 
240,344
 
215,726
Income tax expense
 
(30,202
 ) 
(34,649
 ) 
(31,600
)
Net earnings
 
264,708
 
205,695
 
184,126
Less: Excess of redemption value over carrying value of preferred shares redeemed
 
-
 
(5,908
 ) 
-
Less: Preferred stock dividends
 
-
 
(3,241
 ) 
(12,963
)
Earnings available to common stockholders
$
264,708
$
196,546
$
171,163
Basic and diluted earnings per common share
$
13.56
$
10.09
$
8.81
Weighted average common shares outstanding: Basic and diluted
 
19,518,779
 
19,476,187
 
19,432,781
The accompanying notes are an integral part of these condensed consolidated financial statements.