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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenue:      
Revenue $ 4,302,709 $ 4,099,887 $ 3,813,905
Net investment income 987,499 952,447 927,062
Realized gains (losses) (76,548) 59,319 (4,371)
Other income 1,246 1,216 1,325
Total revenue 5,214,906 5,112,869 4,737,921
Benefits and expenses:      
Life policyholder benefits 2,045,730 2,071,810 1,809,373
Health policyholder benefits 791,809 758,745 733,481
Other policyholder benefits 27,917 29,061 30,030
Total policyholder benefits 2,865,456 2,859,616 2,572,884
Amortization of deferred acquisition costs 624,407 603,838 575,770
Commissions, premium taxes, and non-deferred acquisition costs 374,383 331,510 304,841
Other operating expense 353,954 322,029 301,038
Interest expense 90,395 83,486 86,704
Total benefits and expenses 4,308,595 4,200,479 3,841,237
Income before income taxes 906,311 912,390 896,684
Income tax benefit (expense) (166,607) (167,431) (164,911)
Net income $ 739,704 $ 744,959 $ 731,773
Basic net income per common share (in dollars per share) $ 7.55 $ 7.30 $ 6.90
Diluted net income per common share (in dollars per share) $ 7.47 $ 7.22 $ 6.82
Life premium      
Revenue:      
Revenue $ 3,023,296 $ 2,898,210 $ 2,672,804
Health premium      
Revenue:      
Revenue 1,279,412 1,201,676 1,141,097
Other premium      
Revenue:      
Revenue $ 1 $ 1 $ 4