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Condensed Consolidated Statements of Earnings (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Premiums and other revenues:        
Universal life and annuity contract charges $ 32,632 $ 31,439 $ 62,464 $ 63,535
Traditional life and annuity contract premiums 4,607 4,898 8,629 8,514
Net investment income 97,724 52,285 231,239 155,135
Other revenues 4,698 8,168 14,604 14,319
Net realized investment gains (losses):        
Total other-than-temporary impairment (“OTTI”) losses 0 (86) 0 (334)
Portion of OTTI losses recognized in other comprehensive income 0 0 0 26
Net OTTI losses recognized in earnings 0 (86) 0 (308)
Other net investment gains (losses) 490 137 3,582 (70)
Total net realized investment gains (losses) 490 51 3,582 (378)
Total revenues 140,151 96,841 320,518 241,125
Benefits and expenses:        
Life and other policy benefits 9,598 13,519 21,814 26,806
Amortization of deferred policy acquisition costs 38,848 18,237 66,337 42,006
Universal life and annuity contract interest 53,232 17,931 145,381 80,631
Other operating expenses 19,060 17,087 39,778 34,404
Total benefits and expenses 120,738 66,774 273,310 183,847
Earnings before Federal income taxes 19,413 30,067 47,208 57,278
Federal income taxes 5,623 9,255 15,207 18,058
Net earnings $ 13,790 $ 20,812 $ 32,001 $ 39,220
Common Class A [Member]
       
Basic Earnings Per Share:        
Earnings Per Share, Basic $ 3.90 $ 5.90 $ 9.06 $ 11.12
Diluted Earnings Per Share:        
Earnings Per Share, Diluted $ 3.90 $ 5.88 $ 9.04 $ 11.08
Common Class B [Member]
       
Basic Earnings Per Share:        
Earnings Per Share, Basic $ 1.95 $ 2.95 $ 4.53 $ 5.56
Diluted Earnings Per Share:        
Earnings Per Share, Diluted $ 1.95 $ 2.95 $ 4.53 $ 5.56