Segment and Geographical Information (Tables)

12 Months Ended

Dec. 31, 2017

Segment Reporting [Abstract]

Summary of Assets and Profit or Loss by Segment

Notable information included in profit or loss by segment was as follows:

		Year ended December 31,
		2017			2016			2015
	(In thousands)
Revenues:
Term life insurance segment		$	992,224		$	866,382		$	763,958
Investment and savings products segment			572,747			524,621			521,336
Corporate and other distributed products segment			124,131			128,081			118,905
Total revenues		$	1,689,102		$	1,519,084		$	1,404,199
Net investment income:
Term life insurance segment		$	9,931		$	7,634		$	5,987
Investment and savings products segment			-			-			-
Corporate and other distributed products segment			69,086			71,391			70,522
Total net investment income		$	79,017		$	79,025		$	76,509
Amortization of DAC:
Term life insurance segment		$	201,751		$	172,812		$	147,980
Investment and savings products segment			6,168			6,148			7,952
Corporate and other distributed products segment			1,480			1,622			1,795
Total amortization of DAC		$	209,399		$	180,582		$	157,727
Non-cash share-based compensation expense:
Term life insurance segment		$	2,662		$	2,652		$	5,392
Investment and savings products segment			2,208			2,179			2,228
Corporate and other distributed products segment			10,397			8,611			7,328
Total non-cash share-based compensation expense		$	15,267		$	13,442		$	14,948
Income (loss) before income taxes:
Term life insurance segment		$	245,657		$	213,361		$	173,209
Investment and savings products segment			162,836			144,356			146,083
Corporate and other distributed products segment			(28,973	)		(20,122	)		(28,311	)
Total income before income taxes		$	379,520		$	337,595		$	290,981

Total Assets by Segment

Total assets by segment were as follows:

		December 31, 2017		December 31, 2016		December 31, 2015
	(In thousands)
Assets:
Term life insurance segment		$	6,205,837	$	5,945,502	$	5,638,682
Investment and savings products segment (1)			2,684,717		2,391,512		2,157,548
Corporate and other distributed products segment			3,570,149		3,101,929		2,814,553
Total assets		$	12,460,703	$	11,438,943	$	10,610,783

⁽¹⁾  The Investment and Savings Products segment includes assets held in separate accounts. Excluding separate accounts, the Investment and Savings Products segment assets were approximately $112.0 million, $103.7 million, and $93.8 million as of December 31, 2017, 2016, and 2015, respectively.

Long Lived Assets and Continuing Operations by Country

Geographical Information. Results of continuing operations by country and long-lived assets — primarily tangible assets reported in other assets in our consolidated balance sheets —were as follows:

		Year ended December 31,
		2017		2016		2015
	(In thousands)
Revenues by country:
United States		$	1,419,658	$	1,281,580	$	1,172,508
Canada			269,444		237,504		231,691
Total revenues		$	1,689,102	$	1,519,084	$	1,404,199
Income before income taxes by country:
United States		$	299,764	$	269,791	$	225,920
Canada			79,756		67,804		65,061
Total income before income taxes		$	379,520	$	337,595	$	290,981

		December 31, 2017		December 31, 2016		December 31, 2015
	(In thousands)
Long-lived assets by country:
United States		$	27,443	$	26,685	$	28,621
Canada			656		780		787
Total long-lived assets		$	28,099	$	27,465	$	29,408