XML 72 R60.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidating financial information by industry segment (Statements of Operations) (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Self-moving equipment rentals $ 781,713 $ 740,558 $ 1,498,315 $ 1,410,416
Self-storage revenues 91,493 80,472 177,705 157,190
Self-moving and self-storage products and service sales 72,913 73,268 152,154 152,179
Property management fees 7,192 6,831 14,608 13,593
Life insurance premiums 35,920 38,862 72,808 77,953
Property and casualty insurance premiums 16,283 15,026 29,064 26,841
Net investment and interest income 28,227 26,469 52,832 53,686
Other revenue 70,766 61,200 126,598 108,753
Total revenues 1,104,507 1,042,686 2,124,084 2,000,611
Costs and expenses:        
Operating expenses 529,350 492,250 1,025,904 908,942
Commission expenses 85,334 83,351 164,591 158,716
Cost of sales 46,402 42,866 96,283 90,461
Benefits and losses 45,773 47,109 94,327 94,829
Amortization of deferred policy acquisition costs 5,899 5,944 11,930 12,265
Lease expense 8,170 8,575 16,339 16,862
Depreciation, net of (gains) losses on disposals 132,625 133,144 259,052 259,479
Net (gains) losses on disposal of real estate 10 (166) 10 181
Total costs and expenses 853,563 813,073 1,668,436 1,541,735
Earnings (loss) from operations before equity in earnings of subsidiaries 250,944 229,613 455,648 458,876
Equity in earnings of subsidiaries      
Earnings from operations 250,944 229,613 455,648 458,876
Other components of net periodic benefit costs (254) (232) (507) (464)
Interest expense (35,030) (32,023) (70,284) (62,368)
Pretax earnings 215,660 197,358 384,857 396,044
Income tax expense (52,118) (72,719) (93,466) (145,198)
Earnings available to common stockholders 163,542 124,639 291,391 250,846
Operating Segments [Member] | Moving and Storage Consolidations [Member]        
Revenues:        
Self-moving equipment rentals 783,035 741,714 1,500,577 1,412,412
Self-storage revenues 91,493 80,472 177,705 157,190
Self-moving and self-storage products and service sales 72,913 73,268 152,154 152,179
Property management fees 7,192 6,831 14,608 13,593
Life insurance premiums
Property and casualty insurance premiums
Net investment and interest income 2,830 3,177 5,393 5,834
Other revenue 69,471 59,746 124,382 106,527
Total revenues 1,026,934 965,208 1,974,819 1,847,735
Costs and expenses:        
Operating expenses 518,383 480,223 1,002,003 884,034
Commission expenses 85,334 83,351 164,591 158,716
Cost of sales 46,402 42,866 96,283 90,461
Benefits and losses
Amortization of deferred policy acquisition costs
Lease expense 8,306 8,628 16,611 16,962
Depreciation, net of (gains) losses on disposals 132,625 133,144 259,052 259,479
Net (gains) losses on disposal of real estate 10 (166) 10 181
Total costs and expenses 791,060 748,046 1,538,550 1,409,833
Earnings (loss) from operations before equity in earnings of subsidiaries 235,874 217,162 436,269 437,902
Equity in earnings of subsidiaries 11,986 8,365 15,642 14,175
Earnings from operations 247,860 225,527 451,911 452,077
Other components of net periodic benefit costs (254) (232) (507) (464)
Interest expense (35,321) (32,377) (70,860) (63,071)
Pretax earnings 212,285 192,918 380,544 388,542
Income tax expense (48,743) (68,279) (89,153) (137,696)
Earnings available to common stockholders 163,542 124,639 291,391 250,846
Operating Segments [Member] | Property and Casualty Insurance [Member]        
Revenues:        
Self-moving equipment rentals [1] [2] [3] [4]
Self-storage revenues [1] [2] [3] [4]
Self-moving and self-storage products and service sales [1] [2] [3] [4]
Property management fees [1] [2] [3] [4]
Life insurance premiums [1] [2] [3] [4]
Property and casualty insurance premiums 16,972 [1] 15,498 [2] 30,320 [3] 27,313 [4]
Net investment and interest income 3,550 [1] 3,701 [2] 6,091 [3] 7,992 [4]
Other revenue [1] [2] [3] [4]
Total revenues 20,522 [1] 19,199 [2] 36,411 [3] 35,305 [4]
Costs and expenses:        
Operating expenses 7,915 [1] 8,240 [2] 16,615 [3] 16,472 [4]
Commission expenses [1] [2] [3] [4]
Cost of sales [1] [2] [3] [4]
Benefits and losses 4,748 [1] 4,872 [2] 9,224 [3] 7,310 [4]
Amortization of deferred policy acquisition costs [1] [2] [3] [4]
Lease expense [1] [2] [3] [4]
Depreciation, net of (gains) losses on disposals [1] [2] [3] [4]
Net (gains) losses on disposal of real estate [1] [2] [3] [4]
Total costs and expenses 12,663 [1] 13,112 [2] 25,839 [3] 23,782 [4]
Earnings (loss) from operations before equity in earnings of subsidiaries 7,859 [1] 6,087 [2] 10,572 [3] 11,523 [4]
Equity in earnings of subsidiaries [1] [2] [3] [4]
Earnings from operations 7,859 [1] 6,087 [2] 10,572 [3] 11,523 [4]
Other components of net periodic benefit costs [1] [2] [3] [4]
Interest expense [1] [2] [3] [4]
Pretax earnings 7,859 [1] 6,087 [2] 10,572 [3] 11,523 [4]
Income tax expense (1,628) [1] (2,091) [2] (2,173) [3] (3,953) [4]
Earnings available to common stockholders 6,231 [1] 3,996 [2] 8,399 [3] 7,570 [4]
Operating Segments [Member] | Life Insurance [Member]        
Revenues:        
Self-moving equipment rentals [1] [2] [3] [4]
Self-storage revenues [1] [2] [3] [4]
Self-moving and self-storage products and service sales [1] [2] [3] [4]
Property management fees [1] [2] [3] [4]
Life insurance premiums 35,920 [1] 38,862 [2] 72,808 [3] 77,953 [4]
Property and casualty insurance premiums [1] [2] [3] [4]
Net investment and interest income 22,270 [1] 19,989 [2] 42,187 [3] 40,644 [4]
Other revenue 1,422 [1] 1,579 [2] 2,480 [3] 2,489 [4]
Total revenues 59,612 [1] 60,430 [2] 117,475 [3] 121,086 [4]
Costs and expenses:        
Operating expenses 5,186 [1] 5,531 [2] 11,059 [3] 11,148 [4]
Commission expenses [1] [2] [3] [4]
Cost of sales [1] [2] [3] [4]
Benefits and losses 41,025 [1] 42,237 [2] 85,103 [3] 87,519 [4]
Amortization of deferred policy acquisition costs 5,899 [1] 5,944 [2] 11,930 [3] 12,265 [4]
Lease expense [1] [2] [3] [4]
Depreciation, net of (gains) losses on disposals [1] [2] [3] [4]
Net (gains) losses on disposal of real estate [1] [2] [3] [4]
Total costs and expenses 52,110 [1] 53,712 [2] 108,092 [3] 110,932 [4]
Earnings (loss) from operations before equity in earnings of subsidiaries 7,502 [1] 6,718 [2] 9,383 [3] 10,154 [4]
Equity in earnings of subsidiaries [1] [2] [3] [4]
Earnings from operations 7,502 [1] 6,718 [2] 9,383 [3] 10,154 [4]
Other components of net periodic benefit costs [1] [2] [3] [4]
Interest expense [1] [2] [3] [4]
Pretax earnings 7,502 [1] 6,718 [2] 9,383 [3] 10,154 [4]
Income tax expense (1,747) [1] (2,349) [2] (2,140) [3] (3,549) [4]
Earnings available to common stockholders 5,755 [1] 4,369 [2] 7,243 [3] 6,605 [4]
Consolidation, Eliminations [Member]        
Revenues:        
Self-moving equipment rentals [5] (1,322) (1,156) (2,262) (1,996)
Self-storage revenues
Self-moving and self-storage products and service sales
Property management fees
Life insurance premiums
Property and casualty insurance premiums [5] (689) (472) (1,256) (472)
Net investment and interest income [6] (423) (398) (839) (784)
Other revenue [6] (127) (125) (264) (263)
Total revenues (2,561) (2,151) (4,621) (3,515)
Costs and expenses:        
Operating expenses [5],[6] (2,134) (1,744) (3,773) (2,712)
Commission expenses
Cost of sales
Benefits and losses
Amortization of deferred policy acquisition costs
Lease expense [6] (136) (53) (272) (100)
Depreciation, net of (gains) losses on disposals
Net (gains) losses on disposal of real estate
Total costs and expenses (2,270) (1,797) (4,045) (2,812)
Earnings (loss) from operations before equity in earnings of subsidiaries (291) (354) (576) (703)
Equity in earnings of subsidiaries [7] (11,986) (8,365) (15,642) (14,175)
Earnings from operations (12,277) (8,719) (16,218) (14,878)
Other components of net periodic benefit costs
Interest expense [6] 291 354 576 703
Pretax earnings (11,986) (8,365) (15,642) (14,175)
Income tax expense
Earnings available to common stockholders $ (11,986) $ (8,365) $ (15,642) $ (14,175)
[1] Balances for the quarter ended June 30, 2018
[2] Balances for the quarter ended June 30, 2017
[3] Balances for the six months ended June 30, 2018
[4] Balances for the six months ended June 30, 2017
[5] Eliminate intercompany premiums
[6] Eliminate intercompany lease / interest income
[7] Eliminate equity in earnings of subsidiaries