SIGNIFICANT ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2013

SIGNIFICANT ACQUISITIONS

Summary of fair values of the net assets acquired

	Fair Value As of October 1, 2013
	(Dollars In Thousands)
Assets
Fixed maturities, at fair value	$	6,550,691
Equity securities, at fair value		108,413
Mortgage loans		823,340
Policy loans		967,534
Short-term investments		130,963
Total investments		8,580,941
Cash		213,861
Accrued investment income		114,656
Accounts and premiums receivable, net of allowance for uncollectible amounts		29,031
Reinsurance receivables		422,692
Value of business acquired		219,751
Other assets		30,139
Income tax receivable		21,196
Deferred income taxes		168,916
Separate account assets		195,452
Total assets	$	9,996,635
Liabilities
Future policy and benefit claims	$	7,654,969
Unearned premiums		3,066
Total policy liabilities and accruals		7,658,035
Annuity account balances		752,163
Other policyholders' funds		636,034
Other liabilities		66,936
Non-recourse funding obligation		2,548
Separate account liabilities		195,344
Total liabilities		9,311,060
Net assets acquired	$	685,575

Schedule of (unaudited) pro forma condensed consolidated results of operations

	Unaudited For The Year Ended December 31,
	2013			2012
	(Dollars In Thousands)
Revenue	$	4,599,718	(1)	$	4,497,881
Net income	$	427,645	(2)	$	359,120
EPS—basic	$	5.39		$	4.43
EPS—diluted	$	5.28		$	4.34

⁽¹⁾

Includes $203.8 million of revenue recognized in the Company's net income for the year ended December 31, 2013.

⁽²⁾

Includes $27.9 million of pre-tax net income recognized by the Company for the year ended December 31, 2013.