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CONSOLIDATED CONDENSED STATEMENTS OF SHAREOWNERS' EQUITY (USD $)
In Thousands
Total
Total Protective Life Corporation's shareowners' equity
Common Stock
Additional Paid-In-Capital
Treasury Stock
Retained Earnings
Net Unrealized Gains / (Losses) on Investments
Accumulated Gain / (Loss) Derivatives
Minimum Pension Liability Adjustments
Non controlling Interest
Comprehensive Income
Balance at Dec. 31, 2010 $ 3,330,103 $ 3,331,087 $ 44,388 $ 586,592 $ (26,072) $ 2,432,925 $ 352,621 $ (11,802) $ (47,565) $ (984)  
Increase (decrease) in shareowners' equity                      
Net income for the period 67,466 67,517       67,517       (51) 67,466
Change in net unrealized gains/losses on investments (net of income tax - Q2 2011 - $85,553; Q1 2011 - $17,907) 33,263 33,263         33,263       33,263
Reclassification adjustment for investment amounts included in net income (net of income tax: Q2 2011 - $(7,271); Q1 2011 - $(3,054)) (5,678) (5,678)         (5,678)       (5,678)
Change in net unrealized gains/losses relating to other-than-temporary impaired investments for which a portion has been recognized in earnings (net of income tax: Q2 2011 - $(5,444); Q1 2011 - $(3,608)) (6,700) (6,700)         (6,700)       (6,700)
Change in accumulated gain (loss) derivatives (net of income tax: Q2 2011 - $(1,777); Q1 2011 - $3,621) 6,724 6,724           6,724     6,724
Reclassification adjustment for derivative amounts included in net income (net of income tax: Q2 2011 - $238; Q1 2011 - $(361)) (671) (671)           (671)     (671)
Change in postretirement benefits liability adjustment (net of income tax: Q2 2011 - ($451); Q1 2011 - ($451)) (838) (838)             (838)   (838)
Comprehensive income for the period 93,566 93,617               (51) 93,566
Cash dividends (Q2 2011 - $0.16 per share; Q1 2011 - $0.14 per share) (11,995) (11,995)       (11,995)          
Stock-based compensation 4,500 4,500   4,191 309            
Balance at Mar. 31, 2011 3,416,174 3,417,209 44,388 590,783 (25,763) 2,488,447 373,506 (5,749) (48,403) (1,035)  
Increase (decrease) in shareowners' equity                      
Net income for the period 93,364 93,068       93,068       296 93,364
Change in net unrealized gains/losses on investments (net of income tax - Q2 2011 - $85,553; Q1 2011 - $17,907) 158,888 158,888         158,888       158,888
Reclassification adjustment for investment amounts included in net income (net of income tax: Q2 2011 - $(7,271); Q1 2011 - $(3,054)) (13,508) (13,508)         (13,508)       (13,508)
Change in net unrealized gains/losses relating to other-than-temporary impaired investments for which a portion has been recognized in earnings (net of income tax: Q2 2011 - $(5,444); Q1 2011 - $(3,608)) (10,111) (10,111)         (10,111)       (10,111)
Change in accumulated gain (loss) derivatives (net of income tax: Q2 2011 - $(1,777); Q1 2011 - $3,621) (3,299) (3,299)           (3,299)     (3,299)
Reclassification adjustment for derivative amounts included in net income (net of income tax: Q2 2011 - $238; Q1 2011 - $(361)) 443 443           443     443
Change in postretirement benefits liability adjustment (net of income tax: Q2 2011 - ($451); Q1 2011 - ($451)) (838) (838)             (838)   (838)
Comprehensive income for the period 224,939 224,643               296 224,939
Cash dividends (Q2 2011 - $0.16 per share; Q1 2011 - $0.14 per share) (13,719) (13,719)       (13,719)          
Repurchase of common stock (24,893) (24,893)     (24,893)            
Stock-based compensation 1,998 1,998   1,668 330            
Balance at Jun. 30, 2011 $ 3,604,499 $ 3,605,238 $ 44,388 $ 592,451 $ (50,326) $ 2,567,796 $ 508,775 $ (8,605) $ (49,241) $ (739)