XML 14 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data
3 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Revenues    
Self-moving equipment rentals $ 446,548 $ 419,463
Self-storage revenues 31,828 28,227
Self-moving and self-storage products and service sales 64,378 63,290
Property management fees 4,735 4,536
Life insurance premiums 50,999 37,803
Property and casualty insurance premiums 6,898 6,179
Net investment and interest income 17,263 13,355
Other revenue 20,316 13,094
Total revenues 642,965 585,947
Costs and expenses:    
Operating expenses 271,975 253,134
Commission expenses 56,952 52,169
Cost of sales 32,778 31,665
Benefits and losses 49,930 35,422
Amortization of deferred policy acquisition costs 4,375 2,193
Lease expense 34,234 38,666
Depreciation, net of (gains) on disposals (($9,710) and ($8,388),respectively) 44,358 44,589
Total costs and expenses 494,602 457,838
Earnings from operations 148,363 128,109
Interest expense (22,633) (21,464)
Pretax earnings 125,730 106,645
Income tax expense (47,507) (40,143)
Net earnings 78,223 66,502
Less: Excess of redemption value over carrying value of preferred shares redeemed (5,908) (31)
Less: Preferred stock dividends (3,077) (3,156)
Earnings available to common shareholders $ 69,238 $ 63,315
Basic and diluted earnings per common share $ 3.56 $ 3.26
Weighted average common shares outstanding: Basic and diluted 19,460,126 19,414,815