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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues:        
Self-moving equipment rentals $ 538,361 $ 511,626 $ 1,005,355 $ 958,174
Self-storage revenues 37,978 34,008 72,714 65,836
Self-moving and self-storage products and service sales 61,730 59,768 128,908 124,146
Property management fees 4,902 4,826 9,762 9,561
Life insurance premiums 47,667 46,197 94,093 97,196
Property and casualty insurance premiums 8,947 8,749 16,190 15,647
Net investment and interest income 13,053 15,901 25,310 33,164
Other revenue 28,679 22,106 54,401 42,422
Total revenues 741,317 703,181 1,406,733 1,346,146
Costs and expenses:        
Operating expenses 310,214 294,340 593,607 566,315
Commission expenses 68,564 64,049 129,671 121,001
Cost of sales 30,912 32,446 63,139 65,224
Benefits and losses 45,672 44,462 91,750 94,392
Amortization of deferred policy acquisition costs 3,088 2,675 5,899 7,050
Lease expense 29,591 32,712 62,387 66,946
Depreciation net of (gains) losses on disposals 58,954 [1] 48,064 [1] 115,079 [1] 92,422 [1]
Total costs and expenses 546,995 518,748 1,061,532 1,013,350
Earnings from operations 194,322 184,433 345,201 332,796
Interest expense (22,113) (22,963) (45,604) (45,596)
Total pretax earnings (loss) 172,209 161,470 299,597 287,200
Income tax expense (62,789) (60,459) (109,608) (107,966)
Net earnings 109,420 101,011 189,989 179,234
Less: Excess of redemption value over carrying value of preferred shares redeemed 0 0 0 (5,908)
Less: Preferred stock dividends 0 164 0 (2,913)
Earnings available to common shareholders $ 109,420 $ 101,175 $ 189,989 $ 170,413
Basic and diluted earnings per common share $ 5.61 $ 5.20 $ 9.74 $ 8.75
Weighted average common shares outstanding: basic and diluted 19,512,550 19,470,948 19,507,456 19,465,530
[1] Depreciation, net of (gains) on disposals: Quarter Ending September 30, 2012 - (($5,532) and ($7,917), respectively). Six Months Ending September 30, 2012 - ((13,048) and ($17,627), respectively)