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Condensed Consolidated Statements of Earnings (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Premiums and other revenues:        
Universal life and annuity contract charges $ 38,217 $ 40,363 $ 76,222 $ 78,262
Traditional life premiums 5,169 5,218 9,440 9,082
Net investment income 155,179 129,687 263,630 310,501
Other revenues 5,211 5,990 10,974 12,132
Net realized investment gains (losses):        
Total other-than-temporary impairment (“OTTI”) gains (losses) 0 (72) (32) 310
Portion of OTTI (gains) losses recognized in other comprehensive income 0 (106) (3) (549)
Net OTTI losses recognized in earnings 0 (178) (35) (239)
Other net investment gains (losses) 3,065 1,779 4,613 4,153
Total net realized investment gains (losses) 3,065 1,601 4,578 3,914
Total condensed consolidated premiums and other revenues 206,841 182,859 364,844 413,891
Benefits and expenses:        
Life and other policy benefits 14,796 18,450 27,759 31,140
Amortization of deferred policy acquisition costs 27,258 28,852 55,837 59,656
Universal life and annuity contract interest 102,429 71,438 165,365 211,738
Other operating expenses 19,500 24,843 42,963 46,767
Total benefits and expenses 163,983 143,583 291,924 349,301
Earnings before Federal income taxes 42,858 39,276 72,920 64,590
Federal income taxes 13,675 12,285 23,911 20,967
Net earnings 29,183 26,991 49,009 43,623
Common Class A [Member]
       
Benefits and expenses:        
Net earnings 28,358 26,227 47,623 42,389
Basic earnings per share:        
Earnings Per Share, Basic (in dollars per share) $ 8.26 $ 7.64 $ 13.86 $ 12.34
Diluted earnings per share:        
Earnings Per Share, Diluted (in dollars per share) $ 8.25 $ 7.62 $ 13.86 $ 12.32
Common Class B [Member]
       
Benefits and expenses:        
Net earnings $ 825 $ 764 $ 1,386 $ 1,234
Basic earnings per share:        
Earnings Per Share, Basic (in dollars per share) $ 4.13 $ 3.82 $ 6.93 $ 6.17
Diluted earnings per share:        
Earnings Per Share, Diluted (in dollars per share) $ 4.13 $ 3.82 $ 6.93 $ 6.17