XML 105 R119.htm IDEA: XBRL DOCUMENT v2.4.0.6
SCHEDULE II - CONDENSED FINANCIAL INFORMATION OF REGISTRANT (Details 2) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues                      
Net investment income (loss) $ 476,045 $ 467,944 $ 456,222 $ 462,121 $ 464,719 $ 462,926 $ 448,785 $ 444,213 $ 1,862,332 $ 1,820,643 $ 1,683,676
Realized investment gains (losses) (36,878) (20,223) 3,717 (12,947) 1,077 30,585 14,437 (13,877) (66,331) 32,222 (25,393)
Other income 84,633 81,190 81,480 111,260 72,520 75,859 87,224 72,209 358,563 307,812 222,418
Total revenues 869,859 892,791 908,175 952,181 886,897 939,381 902,784 837,080 3,623,006 3,566,142 3,097,755
Expenses                      
Interest-subordinated debt                 36,500    
Interest-other                 29,400    
Total benefits and expenses 766,140 801,805 800,488 801,602 764,260 817,095 767,945 746,366 3,170,035 3,095,666 2,762,983
Income before income tax 103,719 90,986 107,687 150,579 122,637 122,286 134,839 90,714 452,971 470,476 334,772
Income tax (benefit) expense                      
Current                 76,186 9,774 (3,214)
Deferred                 74,333 145,065 113,117
Total income tax expense 36,923 30,506 31,532 51,558 36,603 39,429 46,920 31,887 150,519 154,839 109,903
Net income 66,796 60,480 76,155 99,021 86,034 82,857 87,919 58,827 302,452 315,637 224,869
PROTECTIVE LIFE CORPORATION
                     
Revenues                      
Dividends from subsidiaries                 257,573 224,179 5,576
Service fees from subsidiaries                 160,373 151,934 139,024
Net investment income (loss)                 63,817 62,644 52,380
Realized investment gains (losses)                 (10,596) (248) 6,400
Other income                     617
Total revenues                 471,167 438,509 203,997
Expenses                      
Operating and administrative                 99,138 82,759 75,725
Interest-subordinated debt                 37,598 37,604 37,604
Interest-other                 94,974 98,809 101,008
Total benefits and expenses                 231,710 219,172 214,337
Income before income tax                 239,457 219,337 (10,340)
Income tax (benefit) expense                      
Current                 8,883 9,722 (14,021)
Deferred                 (4,075) (10,665) 7,545
Total income tax expense                 4,808 (943) (6,476)
Income (loss) before minority interest                 234,649 220,280 (3,864)
Equity in undistributed income (loss) of subsidiaries                 67,803 95,357 228,733
Net income                 $ 302,452 [1] $ 315,637 [1] $ 224,869 [1]
[1] Includes noncontrolling interests related to the Company's subs