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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details 2) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 5 Months Ended 6 Months Ended
Jan. 31, 2015
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2015
Jun. 30, 2016
Successor          
Reclassifications out of accumulated other comprehensive income (loss)          
Benefits and settlement expenses, net of reinsurance ceded   $ (713,697) $ (694,606) $ (1,180,905) $ (1,428,242)
Realized investment gains (losses): All other investments   88,783 (102,337) (137,393) 170,511
Net impairment losses recognized in earnings   (967) (5,734) (5,734) (3,584)
Income before income tax   168,661 96,910 189,737 340,503
Tax benefit (expense)   (56,541) (33,070) (63,036) (113,035)
Net income   112,120 63,840 126,701 227,468
Successor | Gains and losses on derivative instruments | Amount Reclassified from Accumulated Other Comprehensive Income (Loss)          
Reclassifications out of accumulated other comprehensive income (loss)          
Benefits and settlement expenses, net of reinsurance ceded     (41) (131)  
Income before income tax     (41) (131)  
Tax benefit (expense)     14 45  
Net income     (27) (86)  
Successor | Unrealized gains and losses on available-for-sale securities | Amount Reclassified from Accumulated Other Comprehensive Income (Loss)          
Reclassifications out of accumulated other comprehensive income (loss)          
Realized investment gains (losses): All other investments   16,932 3,360 3,733 22,487
Net impairment losses recognized in earnings   (967) (5,734) (5,734) (3,584)
Income before income tax   15,965 (2,374) (2,001) 18,903
Tax benefit (expense)   (5,588) 831 700 (6,616)
Net income   $ 10,377 $ (1,543) $ (1,301) $ 12,287
Predecessor          
Reclassifications out of accumulated other comprehensive income (loss)          
Benefits and settlement expenses, net of reinsurance ceded $ (267,287)        
Realized investment gains (losses): All other investments 81,153        
Net impairment losses recognized in earnings (481)        
Income before income tax 1,182        
Tax benefit (expense) 327        
Net income 1,509        
Predecessor | Gains and losses on derivative instruments | Amount Reclassified from Accumulated Other Comprehensive Income (Loss)          
Reclassifications out of accumulated other comprehensive income (loss)          
Benefits and settlement expenses, net of reinsurance ceded (36)        
Income before income tax (36)        
Tax benefit (expense) 13        
Net income (23)        
Predecessor | Unrealized gains and losses on available-for-sale securities | Amount Reclassified from Accumulated Other Comprehensive Income (Loss)          
Reclassifications out of accumulated other comprehensive income (loss)          
Realized investment gains (losses): All other investments 6,891        
Net impairment losses recognized in earnings (481)        
Income before income tax 6,410        
Tax benefit (expense) (2,244)        
Net income 4,166        
Predecessor | Minimum Pension Liability Adjustment          
Reclassifications out of accumulated other comprehensive income (loss)          
Total before tax (772)        
Tax (expense) or benefit 270        
Net of tax (502)        
Predecessor | Amortization of net actuarial gain/(loss) | Other Operating Expenses          
Reclassifications out of accumulated other comprehensive income (loss)          
Total before tax (808)        
Predecessor | Amortization of prior service credit/(cost) | Other Operating Expenses          
Reclassifications out of accumulated other comprehensive income (loss)          
Total before tax 31        
Predecessor | Amortization of transition asset/(obligation) | Other Operating Expenses          
Reclassifications out of accumulated other comprehensive income (loss)          
Total before tax $ 5