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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, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Premiums and other revenues:        
Universal life and annuity contract charges $ 36,602 $ 33,523 $ 112,824 $ 111,785
Traditional life premiums 4,506 4,159 13,946 13,241
Net investment income 110,966 141,403 374,596 451,904
Other revenues 5,377 5,822 16,351 17,954
Net realized investment gains (losses):        
Total other-than-temporary impairment (“OTTI”) gains (losses) 0 214 (32) 524
Portion of OTTI (gains) losses recognized in other comprehensive income 0 (227) (3) (776)
Net OTTI losses recognized in earnings 0 (13) (35) (252)
Other net investment gains (losses) 2,169 3,298 6,782 7,451
Total net realized investment gains (losses) 2,169 3,285 6,747 7,199
Total condensed consolidated premiums and other revenues 159,620 188,192 524,464 602,083
Benefits and expenses:        
Life and other policy benefits 13,163 16,941 40,922 48,081
Amortization of deferred policy acquisition costs 23,467 24,244 79,304 83,900
Universal life and annuity contract interest 59,211 87,486 224,576 299,224
Other operating expenses 20,451 22,675 63,414 69,442
Total benefits and expenses 116,292 151,346 408,216 500,647
Earnings before Federal income taxes 43,328 36,846 116,248 101,436
Federal income taxes 14,862 12,064 38,773 33,031
Net earnings 28,466 24,782 77,475 68,405
Common Class A [Member]
       
Benefits and expenses:        
Net earnings 27,661 24,081 75,284 66,470
Basic earnings per share:        
Earnings Per Share, Basic (in dollars per share) $ 8.05 $ 7.01 $ 21.92 $ 19.35
Diluted earnings per share:        
Earnings Per Share, Diluted (in dollars per share) $ 8.05 $ 7.00 $ 21.91 $ 19.32
Common Class B [Member]
       
Benefits and expenses:        
Net earnings $ 805 $ 701 $ 2,191 $ 1,935
Basic earnings per share:        
Earnings Per Share, Basic (in dollars per share) $ 4.03 $ 3.51 $ 10.95 $ 9.68
Diluted earnings per share:        
Earnings Per Share, Diluted (in dollars per share) $ 4.03 $ 3.51 $ 10.95 $ 9.68