Segment and Other Operating Information (Tables)

3 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

Summary of Segment Information, by Quarter

A summary of segment information for the quarters ended March 31, 2015 and March 31, 2014 is provided below.

Selected Segment Information:
	Domestic Life Insurance			International  Life Insurance		Annuities	All  Others	Totals
						(In thousands)
March 31, 2015
Condensed Consolidated Balance Sheet Items:
Deferred policy acquisition costs and sales inducements	$	65,368		249,736		630,240	—	945,344
Total segment assets	783,839			1,246,906		8,988,348	259,212	11,278,305
Future policy benefits	675,837			949,876		7,916,554	—	9,542,267
Other policyholder liabilities	13,661			17,777		121,951	—	153,389
Three Months Ended
March 31, 2015
Condensed Consolidated Income Statements:
Premiums and contract revenues	$	6,487		30,333		4,840	—	41,660
Net investment income	7,165			8,614		79,236	4,908	99,923
Other revenues	16			86		15	5,212	5,329
Total revenues	13,668			39,033		84,091	10,120	146,912
Life and other policy benefits	5,113			6,205		7,948	—	19,266
Amortization of deferred acquisition costs	3,181			(650	)	25,121	—	27,652
Universal life and annuity contract interest	4,939			7,130		36,970	—	49,039
Other operating expenses	3,715			5,922		6,178	4,695	20,510
Federal income taxes (benefit)	(1,051		)	6,545		2,523	1,738	9,755
Total expenses	15,897			25,152		78,740	6,433	126,222
Segment earnings (loss)	$	(2,229	)	13,881		5,351	3,687	20,690

Selected Segment Information:
	Domestic Life Insurance		International  Life Insurance	Annuities	All  Others	Totals
				(In thousands)
March 31, 2014
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

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,
	2015		2014
	(In thousands)
Premiums and Other Revenues:
Premiums and contract revenues	$	41,660	42,276
Net investment income	99,923		108,451
Other revenues	5,329		5,763
Realized gains (losses) on investments	978		1,513
Total condensed consolidated premiums and other revenues	$	147,890	158,003

Reconciliation of Segment Federal Income Taxes to Condensed Consolidated Financial Statements

	Three Months Ended March 31,
	2015		2014
	(In thousands)
Federal Income Taxes:
Total segment Federal income taxes	$	9,755	9,706
Taxes on realized gains (losses) on investments	342		530
Total condensed consolidated Federal income taxes	$	10,097	10,236

Reconciliation of Segment Net Earnings to Condensed Consolidated Financial Statements

	Three Months Ended March 31,
	2015		2014
	(In thousands)
Net Earnings:
Total segment earnings	$	20,690	18,843
Realized gains (losses) on investments, net of taxes	636		983
Total condensed consolidated net earnings	$	21,326	19,826

Reconciliation of Segment Assets to Condensed Consolidated Financial Statements

	March 31,
	2015		2014
	(In thousands)
Assets:
Total segment assets	$	11,278,305	10,714,485
Other unallocated assets	183,698		198,132
Total condensed consolidated assets	$	11,462,003	10,912,617