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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenue:      
Life premium $ 2,306,547 $ 2,189,333 $ 2,073,065
Health premium 976,373 947,663 925,520
Other premium 15 38 135
Total premium 3,282,935 3,137,034 2,998,720
Net investment income 847,885 806,903 773,951
Realized investment gains (losses) 23,611 (10,683) (8,791)
Other income 1,142 1,375 2,185
Total revenue 4,155,573 3,934,629 3,766,065
Benefits and expenses:      
Life policyholder benefits 1,558,261 1,479,272 1,374,608
Health policyholder benefits 633,778 612,725 602,610
Other policyholder benefits 35,836 36,751 38,994
Total policyholder benefits 2,227,875 2,128,748 2,016,212
Amortization of deferred acquisition costs 490,403 469,063 445,625
Commissions, premium taxes, and non-deferred acquisition expenses 264,860 249,174 237,541
Other operating expense 257,255 232,064 223,858
Interest expense 84,532 83,345 76,642
Total benefits and expenses 3,324,925 3,162,394 2,999,878
Income before income taxes 830,648 772,235 766,187
Income taxes 627,615 (232,645) (249,894)
Income from continuing operations 1,458,263 539,590 516,293
Discontinued operations:      
Income (loss) from discontinued operations, net of tax (3,769) 10,189 10,807
Net income $ 1,454,494 $ 549,779 $ 527,100
Basic net income per common share:      
Continuing operations (in dollars per share) $ 12.53 $ 4.50 $ 4.13
Discontinued operations (in dollars per share) (0.03) 0.08 0.08
Total basic net income per common share (in dollars per share) 12.50 4.58 4.21
Diluted net income per common share:      
Continuing operations (in dollars per share) 12.26 4.41 4.07
Discontinued operations (in dollars per share) (0.04) 0.08 0.09
Total diluted net income per common share (in dollars per share) $ 12.22 $ 4.49 $ 4.16