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Consolidated Statements Of Operations And Comprehensive Income (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
REVENUES    
Premiums $ 11,183 $ 14,096
Policy charges and fee income 325,812 273,545
Net investment income 101,857 111,284
Asset administration fees 62,837 41,928
Other income 14,859 11,179
Realized investment gains (losses), net:    
Other-than-temporary impairments on fixed maturity securities (5,915) (21,075)
Other-than-temporary impairments on fixed maturity securities transferred to other comprehensive income 5,349 18,640
Other realized investment gains (losses), net (17,908) 29,159
Total realized investment gains (losses), net (18,474) 26,724
TOTAL REVENUES 498,074 478,756
BENEFITS AND EXPENSES    
Policyholders' benefits 16,878 57,523
Interest credited to policyholders' account balances (49,478) 72,669
Amortization of deferred policy acquisition costs (312,669) 77,277
General, administrative and other expenses 204,532 175,586
TOTAL BENEFITS AND EXPENSES (140,737) 383,055
INCOME FROM OPERATIONS BEFORE INCOME TAXES 638,811 95,701
Income tax expense 177,507 19,660
NET INCOME 461,304 76,041
Other comprehensive income (loss), before tax:    
Foreign currency translation adjustments 218 437
Unrealized investment gains (losses) for the period (4,881) (14,312)
Reclassification adjustment for (gains) losses included in net income (88) 5,401
Net unrealized investment gains (losses) (4,969) (8,910)
Other comprehensive income (loss), before tax: (4,751) (8,473)
Less: Income tax expense (benefit) related to items of other comprehensive income (1,487) (2,966)
Other comprehensive income (loss), net of tax: (3,264) (5,507)
Total comprehensive income $ 458,040 $ 70,534