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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenue:      
Revenue $ 4,099,887 $ 3,813,905 $ 3,595,134
Net investment income 952,447 927,062 910,459
Realized gains (losses) 59,319 (4,371) 20,621
Other income 1,216 1,325 1,318
Total revenue 5,112,869 4,737,921 4,527,532
Benefits and expenses:      
Life policyholder benefits 2,071,810 1,809,373 1,638,053
Health policyholder benefits 758,745 733,481 687,764
Other policyholder benefits 29,061 30,030 31,532
Total policyholder benefits 2,859,616 2,572,884 2,357,349
Amortization of deferred acquisition costs 603,838 575,770 551,726
Commissions, premium taxes, and non-deferred acquisition costs 331,510 304,841 298,047
Other operating expense 322,029 301,038 304,825
Interest expense 83,486 86,704 84,306
Total benefits and expenses 4,200,479 3,841,237 3,596,253
Income before income taxes 912,390 896,684 931,279
Income tax benefit (expense) (167,431) (164,911) (170,397)
Income from continuing operations 744,959 731,773 760,882
Income (loss) from discontinued operations, net of tax 0 0 (92)
Net income $ 744,959 $ 731,773 $ 760,790
Basic net income (loss) per common share:      
Continuing operations (in dollars per share) $ 7.30 $ 6.90 $ 6.97
Discontinued operations (in dollars per share) 0 0 0
Basic net income per common share (in dollars per share) 7.30 6.90 6.97
Diluted net income (loss) per common share:      
Continuing operations (in dollars per share) 7.22 6.82 6.83
Discontinued operations (in dollars per share) 0 0 0
Total diluted net income per common share (in dollars per share) $ 7.22 $ 6.82 $ 6.83
Life premium      
Revenue:      
Revenue $ 2,898,210 $ 2,672,804 $ 2,517,784
Health premium      
Revenue:      
Revenue 1,201,676 1,141,097 1,077,346
Other premium      
Revenue:      
Revenue $ 1 $ 4 $ 4