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Condensed Consolidated Statements of Earnings (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Premiums and other revenues:        
Universal life and annuity contract charges $ 36,924 $ 34,550 $ 109,776 $ 97,014
Traditional life premiums 4,124 4,685 13,111 13,314
Net investment income 139,074 44,538 366,813 275,777
Other revenues 5,923 5,643 17,444 20,247
Net realized investment gains (losses):        
Total other-than-temporary impairment (“OTTI”) gains (losses) 1,250 (1,741) 788 (1,741)
Portion of OTTI (gains) losses recognized in other comprehensive income (1,761) 1,719 (1,918) 1,719
Net OTTI losses recognized in earnings (511) (22) (1,130) (22)
Other net investment gains (losses) 5,451 2,960 9,242 6,542
Total net realized investment gains (losses) 4,940 2,938 8,112 6,520
Total revenues 190,985 92,354 515,256 412,872
Benefits and expenses:        
Life and other policy benefits 12,323 12,363 39,858 34,177
Amortization of deferred policy acquisition costs 28,403 29,909 91,463 96,246
Universal life and annuity contract interest 89,386 1,873 216,933 147,254
Other operating expenses 22,143 18,948 64,613 58,727
Total benefits and expenses 152,255 63,093 412,867 336,404
Earnings before Federal income taxes 38,730 29,261 102,389 76,468
Federal income taxes 14,408 9,996 35,080 25,203
Net earnings 24,322 19,265 67,309 51,265
Common Class A [Member]
       
Benefits and expenses:        
Net earnings 23,634 18,720 65,405 49,815
Basic earnings per share:        
Earnings Per Share, Basic (in dollars per share) $ 6.88 $ 5.45 $ 19.04 $ 14.51
Diluted earnings per share:        
Earnings Per Share, Diluted (in dollars per share) $ 6.88 $ 5.45 $ 19.04 $ 14.49
Common Class B [Member]
       
Benefits and expenses:        
Net earnings $ 688 $ 545 $ 1,904 $ 1,450
Basic earnings per share:        
Earnings Per Share, Basic (in dollars per share) $ 3.44 $ 2.73 $ 9.52 $ 7.25
Diluted earnings per share:        
Earnings Per Share, Diluted (in dollars per share) $ 3.44 $ 2.73 $ 9.52 $ 7.25