Consolidated Statement of Operations by Segment (Table Text Block)

3 Months Ended

Jun. 30, 2012

Table Text Block Supplement [Abstract]

Consolidated statement of operations by industry segment

Consolidating statement of operations by industry segment for the quarter ended June 30, 2012 are as follows:

	Moving & Storage													AMERCO Legal Group
	AMERCO			U-Haul			Real Estate			Eliminations				Moving & Storage Consolidated			Property & Casualty Insurance (a)			Life Insurance (a)			Eliminations						AMERCO Consolidated
	(Unaudited)
	(In thousands)
Revenues:
Self-moving equipment rentals	$	-		$	467,315		$	-		$	-			$	467,315		$	-		$	-		$	(321	)	(c)			$	466,994
Self-storage revenues		-			34,452			284			-				34,736			-			-			-						34,736
Self-moving and self-storage products and service sales		-			67,178			-			-				67,178			-			-			-						67,178
Property management fees		-			4,860			-			-				4,860			-			-			-						4,860
Life insurance premiums		-			-			-			-				-			-			46,426			-						46,426
Property and casualty insurance premiums		-			-			-			-				-			7,243			-			-						7,243
Net investment and interest income		1,253			1,688			194			-				3,135			2,200			7,010			(88	)	(b)				12,257
Other revenue		81			27,167			21,085			(22,708	)	(b)		25,625			-			446			(349	)	(b)				25,722
Total revenues		1,334			602,660			21,563			(22,708	)			602,849			9,443			53,882			(758	)					665,416
Costs and expenses:
Operating expenses		3,462			290,311			2,540			(22,708	)	(b)		273,605			3,290			7,155			(657	)		(b,c	)		283,393
Commission expenses		-			61,107			-			-				61,107			-			-			-						61,107
Cost of sales		-			32,227			-			-				32,227			-			-			-						32,227
Benefits and losses		-			-			-			-				-			3,566			42,512			-						46,078
Amortization of deferred policy acquisition costs		-			-			-			-				-			-			2,811			-						2,811
Lease expense		24			32,797			5			-				32,826			-			-			(30	)	(b)				32,796
Depreciation, net of (gains) losses on disposals		1			52,320			3,804			-				56,125			-			-			-						56,125
Total costs and expenses		3,487			468,762			6,349			(22,708	)			455,890			6,856			52,478			(687	)					514,537
Earnings (loss) from operations before equity in earnings of  subsidiaries		(2,153	)		133,898			15,214			-				146,959			2,587			1,404			(71	)					150,879
Equity in earnings of subsidiaries		66,615			-			-			(64,033	)	(d)		2,582			-			-			(2,582	)	(d)				-
Earnings from operations		64,462			133,898			15,214			(64,033	)			149,541			2,587			1,404			(2,653	)					150,879
Interest income (expense)		24,660			(34,154	)		(14,068	)		-				(23,562	)		-			-			71		(b)				(23,491	)
Pretax earnings		89,122			99,744			1,146			(64,033	)			125,979			2,587			1,404			(2,582	)					127,388
Income tax expense		(8,553	)		(36,413	)		(444	)		-				(45,410	)		(906	)		(503	)		-						(46,819	)
Earnings available to common shareholders		80,569			63,331			702			(64,033	)			80,569			1,681			901			(2,582	)					80,569
(a) Balances for the quarter ended March 31, 2012
(b) Eliminate intercompany lease / interest income
(c) Eliminate intercompany premiums
(d) Eliminate equity in earnings of subsidiaries

Consolidating statements of operations by industry for the quarter ended June 30, 2011 are as follows:

	Moving & Storage													AMERCO Legal Group
	AMERCO			U-Haul			Real Estate			Eliminations				Moving & Storage Consolidated			Property & Casualty Insurance (a)			Life Insurance (a)			Eliminations						AMERCO Consolidated
	(Unaudited)
	(In thousands)
Revenues:
Self-moving equipment rentals	$	-		$	446,885		$	-		$	-			$	446,885		$	-		$	-		$	(337	)	(c)			$	446,548
Self-storage revenues		-			31,512			316			-				31,828			-			-			-						31,828
Self-moving and self-storage products and service sales		-			64,378			-			-				64,378			-			-			-						64,378
Property management fees		-			4,735			-			-				4,735			-			-			-						4,735
Life insurance premiums		-			-			-			-				-			-			50,999			-						50,999
Property and casualty insurance premiums		-			-			-			-				-			6,898			-			-						6,898
Net investment and interest income		1,719			5,160			150			-				7,029			2,234			8,538			(538	)		(b,e	)		17,263
Other revenue		-			21,531			19,747			(21,134	)	(b)		20,144			-			462			(290	)	(b)				20,316
Total revenues		1,719			574,201			20,213			(21,134	)			574,999			9,132			59,999			(1,165	)					642,965
Costs and expenses:
Operating expenses		2,728			277,728			2,379			(21,134	)	(b)		261,701			2,774			8,118			(618	)		(b,c	)		271,975
Commission expenses		-			56,952			-			-				56,952			-			-			-						56,952
Cost of sales		-			32,778			-			-				32,778			-			-			-						32,778
Benefits and losses		-			-			-			-				-			4,459			45,471			-						49,930
Amortization of deferred policy acquisition costs		-			-			-			-				-			-			4,375			-						4,375
Lease expense		22			34,511			7			-				34,540			-			-			(306	)	(b)				34,234
Depreciation, net of (gains) losses on disposals		1			41,401			2,956			-				44,358			-			-			-						44,358
Total costs and expenses		2,751			443,370			5,342			(21,134	)			430,329			7,233			57,964			(924	)					494,602
Earnings (loss) from operations before equity in earnings of  subsidiaries		(1,032	)		130,831			14,871			-				144,670			1,899			2,035			(241	)					148,363
Equity in earnings of subsidiaries		63,851			-			-			(61,250	)	(d)		2,601			-			-			(2,601	)	(d)				-
Earnings from operations		62,819			130,831			14,871			(61,250	)			147,271			1,899			2,035			(2,842	)					148,363
Interest income (expense)		24,467			(34,282	)		(12,902	)		-				(22,717	)		-			-			84		(b)				(22,633	)
Pretax earnings		87,286			96,549			1,969			(61,250	)			124,554			1,899			2,035			(2,758	)					125,730
Income tax expense		(8,906	)		(36,365	)		(903	)		-				(46,174	)		(665	)		(668	)		-						(47,507	)
Net earnings		78,380			60,184			1,066			(61,250	)			78,380			1,234			1,367			(2,758	)					78,223
Less: Excess of redemption value over carrying value of preferred shares redeemed		(5,908	)		-			-			-				(5,908	)		-			-			-						(5,908	)
Less: Preferred stock dividends		(3,241	)		-			-			-				(3,241	)		-			-			164		(e)				(3,077	)
Earnings available to common shareholders	$	69,231		$	60,184		$	1,066		$	(61,250	)		$	69,231		$	1,234		$	1,367		$	(2,594	)				$	69,238
(a) Balances for the quarter ended March 31, 2011
(b) Eliminate intercompany lease / interest income
(c) Eliminate intercompany premiums
(d) Eliminate equity in earnings of subsidiaries
(e) Eliminate preferred stock dividends paid to affiliates