Consolidated Statement of Operations by Segment (Table Text Block)

9 Months Ended

Dec. 31, 2013

Table Text Block Supplement [Abstract]

Consolidated Statement of Operations by Industry Segment

Consolidating statement of operations by industry segment for the quarter ended December 31, 2013 are as follows:
		Moving & Storage											AMERCO Legal Group
		AMERCO		U-Haul		Real Estate		Eliminations			Moving & Storage Consolidated		Property & Casualty Insurance (a)		Life Insurance (a)		Eliminations			AMERCO Consolidated
		(Unaudited)
		(In thousands)
Revenues:
Self-moving equipment rentals	$	-	$	437,117	$	-	$	-		$	437,117	$	-	$	-	$	(910	)(c)	$	436,207
Self-storage revenues		-		45,818		302		-			46,120		-		-		-			46,120
Self-moving and self-storage products and service sales		-		47,045		-		-			47,045		-		-		-			47,045
Property management fees		-		7,133		-		-			7,133		-		-		-			7,133
Life insurance premiums		-		-		-		-			-		-		39,198		-			39,198
Property and casualty insurance premiums		-		-		-		-			-		12,219		-		-			12,219
Net investment and interest income		2,516		1,988		661		-			5,165		3,009		12,895		(182	)(b)		20,887
Other revenue		260		37,021		26,091		(27,790	)(b)		35,582		-		1,059		(4,104	)(b)		32,537
Total revenues		2,776		576,122		27,054		(27,790	)		578,162		15,228		53,152		(5,196	)		641,346
Costs and expenses:
Operating expenses		1,782		329,595		3,297		(27,790	)(b)		306,884		5,223		6,125		(5,005	)(b,c)		313,227
Commission expenses		-		55,573		-		-			55,573		-		-		-			55,573
Cost of sales		-		28,229		-		-			28,229		-		-		-			28,229
Benefits and losses		-		-		-		-			-		4,289		34,341		-			38,630
Amortization of deferred policy acquisition costs		-		-		-		-			-		-		4,457		-			4,457
Lease expense		23		24,482		9		-			24,514		-		-		(46	)(b)		24,468
Depreciation, net of (gains) losses on disposals		1		66,340		4,448		-			70,789		-		-		-			70,789
Total costs and expenses		1,806		504,219		7,754		(27,790	)		485,989		9,512		44,923		(5,051	)		535,373
Earnings from operations before equity in earnings of subsidiaries		970		71,903		19,300		-			92,173		5,716		8,229		(145	)		105,973
Equity in earnings of subsidiaries		38,578		-		-		(29,297	)(d)		9,281		-		-		(9,281	)(d)		-
Earnings from operations		39,548		71,903		19,300		(29,297	)		101,454		5,716		8,229		(9,426	)		105,973
Interest income (expense)		20,687		(26,371	)	(18,068	)	-			(23,752	)	-		-		145	(b)		(23,607	)
Pretax earnings		60,235		45,532		1,232		(29,297	)		77,702		5,716		8,229		(9,281	)		82,366
Income tax expense		(8,014	)	(16,995	)	(472	)	-			(25,481	)	(2,000	)	(2,664	)	-			(30,145	)
Earnings available to common shareholders	$	52,221	$	28,537	$	760	$	(29,297	)	$	52,221	$	3,716	$	5,565	$	(9,281	)	$	52,221
(a) Balances for the quarter ended September 30, 2013
(b) Eliminate intercompany lease / interest income
(c) Eliminate intercompany premiums
(d) Eliminate equity in earnings of subsidiaries

Consolidating statement of operations by industry segment for the quarter ended December 31, 2012 are as follows:
		Moving & Storage											AMERCO Legal Group
		AMERCO		U-Haul		Real Estate		Eliminations			Moving & Storage Consolidated		Property & Casualty Insurance (a)		Life Insurance (a)		Eliminations			AMERCO Consolidated
		(Unaudited)
		(In thousands)
Revenues:
Self-moving equipment rentals	$	-	$	395,401	$	-	$	-		$	395,401	$	-	$	-	$	(456	)(c)	$	394,945
Self-storage revenues		-		38,813		298		-			39,111		-		-		-			39,111
Self-moving and self-storage products and service sales		-		44,491		-		-			44,491		-		-		-			44,491
Property management fees		-		6,085		-		-			6,085		-		-		-			6,085
Life insurance premiums		-		-		-		-			-		-		43,248		-			43,248
Property and casualty insurance premiums		-		-		-		-			-		9,816		-		-			9,816
Net investment and interest income		1,338		2,260		4,405		-			8,003		2,049		12,666		(115	)(b)		22,603
Other revenue		-		23,255		22,605		(24,145	)(b)		21,715		-		852		(379	)(b)		22,188
Total revenues		1,338		510,305		27,308		(24,145	)		514,806		11,865		56,766		(950	)		582,487
Costs and expenses:
Operating expenses		2,684		295,759		3,424		(24,145	)(b)		277,722		6,937		6,452		(826	)(b,c)		290,285
Commission expenses		-		51,130		-		-			51,130		-		-		-			51,130
Cost of sales		-		23,153		-		-			23,153		-		-		-			23,153
Benefits and losses		-		-		-		-			-		2,866		39,742		-			42,608
Amortization of deferred policy acquisition costs		-		-		-		-			-		-		3,391		-			3,391
Lease expense		24		27,594		3		-			27,621		-		-		(46	)(b)		27,575
Depreciation, net of (gains) losses on disposals		1		60,129		2,269		-			62,399		-		-		-			62,399
Total costs and expenses		2,709		457,765		5,696		(24,145	)		442,025		9,803		49,585		(872	)		500,541
Earnings (loss) from operations before equity in earnings of subsidiaries		(1,371	)	52,540		21,612		-			72,781		2,062		7,181		(78	)		81,946
Equity in earnings of subsidiaries		24,435		-		-		(18,790	)(d)		5,645		-		-		(5,645	)(d)		-
Earnings from operations		23,064		52,540		21,612		(18,790	)		78,426		2,062		7,181		(5,723	)		81,946
Interest income (expense)		21,387		(28,837	)	(14,704	)	-			(22,154	)	-		-		78	(b)		(22,076	)
Pretax earnings		44,451		23,703		6,908		(18,790	)		56,272		2,062		7,181		(5,645	)		59,870
Income tax expense		(7,605	)	(9,174	)	(2,647	)	-			(19,426	)	(722	)	(2,876	)	-			(23,024	)
Earnings available to common shareholders	$	36,846	$	14,529	$	4,261	$	(18,790	)	$	36,846	$	1,340	$	4,305	$	(5,645	)	$	36,846
(a) Balances for the quarter ended September 30, 2012
(b) Eliminate intercompany lease / interest income
(c) Eliminate intercompany premiums
(d) Eliminate equity in earnings of subsidiaries

Consolidating statements of operations by industry for the nine months ended December 31, 2013 are as follows:
		Moving & Storage											AMERCO Legal Group
		AMERCO		U-Haul		Real Estate		Eliminations			Moving & Storage Consolidated		Property & Casualty Insurance (a)		Life Insurance (a)		Eliminations			AMERCO Consolidated
		(Unaudited)
		(In thousands)
Revenues:
Self-moving equipment rentals	$	-	$	1,558,857	$	-	$	-		$	1,558,857	$	-	$	-	$	(2,070	)(c)	$	1,556,787
Self-storage revenues		-		132,906		885		-			133,791		-		-		-			133,791
Self-moving and self-storage products and service sales		-		183,115		-		-			183,115		-		-		-			183,115
Property management fees		-		17,586		-		-			17,586		-		-		-			17,586
Life insurance premiums		-		-		-		-			-		-		119,708		-			119,708
Property and casualty insurance premiums		-		-		-		-			-		31,052		-		-			31,052
Net investment and interest income		5,031		6,183		734		-			11,948		7,949		40,372		(433	)(b)		59,836
Other revenue		260		134,181		76,085		(81,059	)(b)		129,467		-		2,524		(9,198	)(b)		122,793
Total revenues		5,291		2,032,828		77,704		(81,059	)		2,034,764		39,001		162,604		(11,701	)		2,224,668
Costs and expenses:
Operating expenses		6,067		1,018,889		8,807		(81,059	)(b)		952,704		13,738		18,067		(11,241	)(b,c)		973,268
Commission expenses		-		202,578		-		-			202,578		-		-		-			202,578
Cost of sales		-		98,331		-		-			98,331		-		-		-			98,331
Benefits and losses		-		-		-		-			-		8,746		110,509		-			119,255
Amortization of deferred policy acquisition costs		-		-		-		-			-		-		14,197		-			14,197
Lease expense		69		77,317		44		-			77,430		-		-		(137	)(b)		77,293
Depreciation, net of (gains) losses on disposals		4		179,241		12,186		-			191,431		-		-		-			191,431
Total costs and expenses		6,140		1,576,356		21,037		(81,059	)		1,522,474		22,484		142,773		(11,378	)		1,676,353
Earnings (loss) from operations before equity in earnings of subsidiaries		(849	)	456,472		56,667		-			512,290		16,517		19,831		(323	)		548,315
Equity in earnings of subsidiaries		263,524		-		-		(239,660	)(d)		23,864		-		-		(23,864	)(d)		-
Earnings from operations		262,675		456,472		56,667		(239,660	)		536,154		16,517		19,831		(24,187	)		548,315
Interest income (expense)		63,796		(83,442	)	(50,730	)	-			(70,376	)	-		-		323	(b)		(70,053	)
Pretax earnings		326,471		373,030		5,937		(239,660	)		465,778		16,517		19,831		(23,864	)		478,262
Income tax expense		(23,291	)	(137,033	)	(2,274	)	-			(162,598	)	(5,780	)	(6,704	)	-			(175,082	)
Earnings available to common shareholders	$	303,180	$	235,997	$	3,663	$	(239,660	)	$	303,180	$	10,737	$	13,127	$	(23,864	)	$	303,180
(a) Balances for the nine months ended September 30, 2013
(b) Eliminate intercompany lease / interest income
(c) Eliminate intercompany premiums
(d) Eliminate equity in earnings of subsidiaries

Consolidating statements of operations by industry for the nine months ended December 31, 2012 are as follows:
		Moving & Storage											AMERCO Legal Group
		AMERCO		U-Haul		Real Estate		Eliminations			Moving & Storage Consolidated		Property & Casualty Insurance (a)		Life Insurance (a)		Eliminations			AMERCO Consolidated
		(Unaudited)
		(In thousands)
Revenues:
Self-moving equipment rentals	$	-	$	1,401,483	$	-	$	-		$	1,401,483	$	-	$	-	$	(1,183	)(c)	$	1,400,300
Self-storage revenues		-		110,963		862		-			111,825		-		-		-			111,825
Self-moving and self-storage products and service sales		-		173,399		-		-			173,399		-		-		-			173,399
Property management fees		-		15,847		-		-			15,847		-		-		-			15,847
Life insurance premiums		-		-		-		-			-		-		137,341		-			137,341
Property and casualty insurance premiums		-		-		-		-			-		26,006		-		-			26,006
Net investment and interest income		3,930		6,265		4,843		-			15,038		6,515		31,735		(315	)(b)		52,973
Other revenue		81		80,311		65,306		(70,066	)(b)		75,632		-		2,056		(1,099	)(b)		76,589
Total revenues		4,011		1,788,268		71,011		(70,066	)		1,793,224		32,521		171,132		(2,597	)		1,994,280
Costs and expenses:
Operating expenses		11,431		901,337		8,300		(70,066	)(b)		851,002		14,709		20,438		(2,257	)(b,c)		883,892
Commission expenses		-		180,801		-		-			180,801		-		-		-			180,801
Cost of sales		-		86,292		-		-			86,292		-		-		-			86,292
Benefits and losses		-		-		-		-			-		10,821		128,597		-			139,418
Amortization of deferred policy acquisition costs		-		-		-		-			-		-		9,290		-			9,290
Lease expense		70		90,000		14		-			90,084		-		-		(122	)(b)		89,962
Depreciation, net of (gains) losses on disposals		4		168,009		9,465		-			177,478		-		-		-			177,478
Total costs and expenses		11,505		1,426,439		17,779		(70,066	)		1,385,657		25,530		158,325		(2,379	)		1,567,133
Earnings (loss) from operations before equity in earnings of subsidiaries		(7,494	)	361,829		53,232		-			407,567		6,991		12,807		(218	)		427,147
Equity in earnings of subsidiaries		188,559		-		-		(175,647	)(d)		12,912		-		-		(12,912	)(d)		-
Earnings from operations		181,065		361,829		53,232		(175,647	)		420,479		6,991		12,807		(13,130	)		427,147
Interest income (expense)		69,228		(93,956	)	(43,170	)	-			(67,898	)	-		-		218	(b)		(67,680	)
Pretax earnings		250,293		267,873		10,062		(175,647	)		352,581		6,991		12,807		(12,912	)		359,467
Income tax expense		(23,458	)	(98,431	)	(3,857	)	-			(125,746	)	(2,447	)	(4,439	)	-			(132,632	)
Earnings available to common shareholders	$	226,835	$	169,442	$	6,205	$	(175,647	)	$	226,835	$	4,544	$	8,368	$	(12,912	)	$	226,835
(a) Balances for the nine months ended September 30, 2012
(b) Eliminate intercompany lease / interest income
(c) Eliminate intercompany premiums
(d) Eliminate equity in earnings of subsidiaries