Segment and Other Operating Information (Tables)

3 Months Ended

Mar. 31, 2014

Segment Reporting [Abstract]

Summary of Segment Information, by Quarter

A summary of segment information for the quarters ended March 31, 2014 and March 31, 2013 is provided below.

Selected Segment Information:
	Domestic Life Insurance		International  Life Insurance	Annuities	All  Others	Totals
				(In thousands)
March 31, 2014
Selected Condensed Consolidated Balance Sheet Items:
Deferred policy acquisition costs and sales inducements	$	53,815	239,432	644,532	—	937,779
Total segment assets	634,334		1,188,473	8,627,243	264,435	10,714,485
Future policy benefits	554,247		920,665	7,682,956	—	9,157,868
Other policyholder liabilities	11,867		15,587	116,284	—	143,738
Three Months Ended
March 31, 2014
Condensed Consolidated Income Statements:
Premiums and contract revenues	$	8,165	29,108	5,003	—	42,276
Net investment income	6,283		10,718	86,617	4,833	108,451
Other revenues	18		241	37	5,467	5,763
Total revenues	14,466		40,067	91,657	10,300	156,490
Life and other policy benefits	2,492		5,035	5,436	—	12,963
Amortization of deferred acquisition costs	2,400		6,745	19,434	—	28,579
Universal life and annuity contract interest	5,105		10,205	47,626	—	62,936
Other operating expenses	4,279		7,025	7,096	5,063	23,463
Federal income taxes (benefit)	65		3,759	4,102	1,780	9,706
Total expenses	14,341		32,769	83,694	6,843	137,647
Segment earnings (loss)	$	125	7,298	7,963	3,457	18,843

Selected Segment Information:
	Domestic Life Insurance		International  Life Insurance	Annuities	All  Others	Totals
				(In thousands)
March 31, 2013
Selected Condensed Consolidated Balance Sheet Items:
Deferred policy acquisition costs and sales inducements	$	41,026	227,263	595,713	—	864,002
Total segment assets	496,778		1,148,773	8,418,536	257,309	10,321,396
Future policy benefits	427,006		861,854	7,436,521	—	8,725,381
Other policyholder liabilities	12,547		10,139	132,796	—	155,482
Three Months Ended
March 31, 2013
Condensed Consolidated Income Statements:
Premiums and contract revenues	$	9,610	28,019	4,134	—	41,763
Net investment income	7,773		18,630	150,378	4,033	180,814
Other revenues	12		43	39	6,048	6,142
Total revenues	17,395		46,692	154,551	10,081	228,719
Life and other policy benefits	3,030		3,645	6,015	—	12,690
Amortization of deferred acquisition costs	2,035		5,787	22,982	—	30,804
Universal life and annuity contract interest	7,191		21,991	111,118	—	140,300
Other operating expenses	3,767		6,708	6,086	5,363	21,924
Federal income taxes (benefit)	470		2,930	2,857	1,615	7,872
Total expenses	16,493		41,061	149,058	6,978	213,590
Segment earnings (loss)	$	902	5,631	5,493	3,103	15,129

Reconciliation of Segment Premiums and Other Revenues to Condensed Consolidated Financial Statements

Reconciliations of segment information to the Company's condensed consolidated financial statements are provided below.

	Three Months Ended March 31,
	2014		2013
	(In thousands)
Premiums and Other Revenues:
Premiums and contract revenues	$	42,276	41,763
Net investment income	108,451		180,814
Other revenues	5,763		6,142
Realized gains (losses) on investments	1,513		2,313
Total condensed consolidated premiums and other revenues	$	158,003	231,032

Reconciliation of Segment Federal Income Taxes to Condensed Consolidated Financial Statements

	Three Months Ended March 31,
	2014		2013
	(In thousands)
Federal Income Taxes:
Total segment Federal income taxes	$	9,706	7,872
Taxes on realized gains (losses) on investments	530		810
Total condensed consolidated Federal income taxes	$	10,236	8,682

Reconciliation of Segment Net Earnings to Condensed Consolidated Financial Statements

	Three Months Ended March 31,
	2014		2013
	(In thousands)
Net Earnings:
Total segment earnings	$	18,843	15,129
Realized gains (losses) on investments, net of taxes	983		1,503
Total condensed consolidated net earnings	$	19,826	16,632

Reconciliation of Segment Assets to Condensed Consolidated Financial Statements

	March 31,
	2014		2013
	(In thousands)
Assets:
Total segment assets	$	10,714,485	10,321,396
Other unallocated assets	198,132		155,105
Total condensed consolidated assets	$	10,912,617	10,476,501