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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenue:      
Life premium $ 2,189,333 $ 2,073,065 $ 1,966,300
Health premium 947,663 925,520 869,440
Other premium 38 135 400
Total premium 3,137,034 2,998,720 2,836,140
Net investment income 806,903 773,951 758,286
Realized investment gains (losses) (10,683) (8,791) 23,548
Other income 1,375 2,185 2,121
Total revenue 3,934,629 3,766,065 3,620,095
Benefits and expenses:      
Life policyholder benefits 1,479,272 1,374,608 1,301,562
Health policyholder benefits 612,725 602,610 559,817
Other policyholder benefits 36,751 38,994 42,005
Total policyholder benefits 2,128,748 2,016,212 1,903,384
Amortization of deferred acquisition costs 469,063 445,625 415,914
Commissions, premium taxes, and non-deferred acquisition expenses 249,174 237,541 222,463
Other operating expense 232,064 223,858 217,531
Interest expense 83,345 76,642 76,126
Total benefits and expenses 3,162,394 2,999,878 2,835,418
Income before income taxes 772,235 766,187 784,677
Income taxes [1] (232,645) (249,894) (256,603)
Income from continuing operations 539,590 516,293 528,074
Discontinued operations:      
Income from discontinued operations, net of tax 10,189 10,807 14,865
Net income $ 549,779 $ 527,100 $ 542,939
Basic net income per common share:      
Continuing operations (in dollars per share) $ 4.50 $ 4.13 $ 4.04
Discontinued operations (in dollars per share) 0.08 0.08 0.11
Total basic net income per common share (in dollar per share) 4.58 4.21 4.15
Diluted net income per common share:      
Continuing operations (in dollars per share) [1] 4.41 4.07 3.98
Discontinued operations (in dollars per share) [1] 0.08 0.09 0.11
Total diluted net income per common share (in dollars per share) [1] $ 4.49 $ 4.16 $ 4.09
[1] Certain current year amounts were prospectively adjusted to give effect to the adoption of ASU 2016-09 related to excess tax benefits from stock compensation as described in Note 1—Significant Accounting Policies under "Accounting Pronouncements Adopted in the Current Year."