Consolidated Statement of Operations by Segment (Table Text Block)

6 Months Ended

Sep. 30, 2013

Table Text Block Supplement [Abstract]

Consolidated Statement of Operations by Industry Segment

Consolidating statement of operations by industry segment for the quarter ended September 30, 2013 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	$	-	$	599,657	$	-	$	-		$	599,657	$	-	$	-	$	(726	)(c)	$	598,931
Self-storage revenues		-		45,266		306		-			45,572		-		-		-			45,572
Self-moving and self-storage products and service sales		-		65,379		-		-			65,379		-		-		-			65,379
Property management fees		-		5,292		-		-			5,292		-		-		-			5,292
Life insurance premiums		-		-		-		-			-		-		39,448		-			39,448
Property and casualty insurance premiums		-		-		-		-			-		10,867		-		-			10,867
Net investment and interest income		1,277		2,025		72		-			3,374		2,463		14,255		(132	)(b)		19,960
Other revenue		-		54,630		25,425		(27,130	)(b)		52,925		-		970		(2,853	)(b)		51,042
Total revenues		1,277		772,249		25,803		(27,130	)		772,199		13,330		54,673		(3,711	)		836,491
Costs and expenses:
Operating expenses		2,064		366,287		2,888		(27,130	)(b)		344,109		4,419		5,582		(3,570	)(b,c)		350,540
Commission expenses		-		78,378		-		-			78,378		-		-		-			78,378
Cost of sales		-		34,532		-		-			34,532		-		-		-			34,532
Benefits and losses		-		-		-		-			-		2,500		35,492		-			37,992
Amortization of deferred policy acquisition costs		-		-		-		-			-		-		6,057		-			6,057
Lease expense		23		25,837		3		-			25,863		-		-		(45	)(b)		25,818
Depreciation, net of (gains) losses on disposals		2		58,735		4,471		-			63,208		-		-		-			63,208
Total costs and expenses		2,089		563,769		7,362		(27,130	)		546,090		6,919		47,131		(3,615	)		596,525
Earnings (loss) from operations before equity in earnings of subsidiaries		(812	)	208,480		18,441		-			226,109		6,411		7,542		(96	)		239,966
Equity in earnings of subsidiaries		125,151		-		-		(116,076	)(d)		9,075		-		-		(9,075	)(d)		-
Earnings from operations		124,339		208,480		18,441		(116,076	)		235,184		6,411		7,542		(9,171	)		239,966
Interest income (expense)		21,177		(27,027	)	(17,364	)	-			(23,214	)	-		-		96	(b)		(23,118	)
Pretax earnings		145,516		181,453		1,077		(116,076	)		211,970		6,411		7,542		(9,075	)		216,848
Income tax expense		(7,525	)	(66,042	)	(412	)	-			(73,979	)	(2,243	)	(2,635	)	-			(78,857	)
Earnings available to common shareholders	$	137,991	$	115,411	$	665	$	(116,076	)	$	137,991	$	4,168	$	4,907	$	(9,075	)	$	137,991
(a) Balances for the quarter ended June 30, 2013
(b) Eliminate intercompany lease / interest income
(c) Eliminate intercompany premiums
(d) Eliminate equity in earnings of subsidiaries

Consolidating statement of operations by industry segment for the quarter ended September 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	$	-	$	538,767	$	-	$	-		$	538,767	$	-	$	-	$	(406	)(c)	$	538,361
Self-storage revenues		-		37,698		280		-			37,978		-		-		-			37,978
Self-moving and self-storage products and service sales		-		61,730		-		-			61,730		-		-		-			61,730
Property management fees		-		4,902		-		-			4,902		-		-		-			4,902
Life insurance premiums		-		-		-		-			-		-		47,667		-			47,667
Property and casualty insurance premiums		-		-		-		-			-		8,947		-		-			8,947
Net investment and interest income		1,339		2,317		244		-			3,900		2,266		9,799		(112	)(b)		15,853
Other revenue		-		29,889		21,616		(23,213	)(b)		28,292		-		758		(371	)(b)		28,679
Total revenues		1,339		675,303		22,140		(23,213	)		675,569		11,213		58,224		(889	)		744,117
Costs and expenses:
Operating expenses		5,285		315,267		2,336		(23,213	)(b)		299,675		4,482		6,831		(774	)(b,c)		310,214
Commission expenses		-		68,564		-		-			68,564		-		-		-			68,564
Cost of sales		-		30,912		-		-			30,912		-		-		-			30,912
Benefits and losses		-		-		-		-			-		4,389		44,083		-			48,472
Amortization of deferred policy acquisition costs		-		-		-		-			-		-		3,088		-			3,088
Lease expense		22		29,609		6		-			29,637		-		-		(46	)(b)		29,591
Depreciation, net of (gains) losses on disposals		2		55,560		3,392		-			58,954		-		-		-			58,954
Total costs and expenses		5,309		499,912		5,734		(23,213	)		487,742		8,871		54,002		(820	)		549,795
Earnings (loss) from operations before equity in earnings of subsidiaries		(3,970	)	175,391		16,406		-			187,827		2,342		4,222		(69	)		194,322
Equity in earnings of subsidiaries		97,509		-		-		(92,824	)(d)		4,685		-		-		(4,685	)(d)		-
Earnings from operations		93,539		175,391		16,406		(92,824	)		192,512		2,342		4,222		(4,754	)		194,322
Interest income (expense)		23,181		(30,965	)	(14,398	)	-			(22,182	)	-		-		69	(b)		(22,113	)
Pretax earnings		116,720		144,426		2,008		(92,824	)		170,330		2,342		4,222		(4,685	)		172,209
Income tax expense		(7,300	)	(52,844	)	(766	)	-			(60,910	)	(819	)	(1,060	)	-			(62,789	)
Earnings available to common shareholders	$	109,420	$	91,582	$	1,242	$	(92,824	)	$	109,420	$	1,523	$	3,162	$	(4,685	)	$	109,420
(a) Balances for the quarter ended June 30, 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 six months ended September 30, 2013 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	$	-	$	1,121,740	$	-	$	-		$	1,121,740	$	-	$	-	$	(1,160	)(c)	$	1,120,580
Self-storage revenues		-		87,088		583		-			87,671		-		-		-			87,671
Self-moving and self-storage products and service sales		-		136,070		-		-			136,070		-		-		-			136,070
Property management fees		-		10,453		-		-			10,453		-		-		-			10,453
Life insurance premiums		-		-		-		-			-		-		80,510		-			80,510
Property and casualty insurance premiums		-		-		-		-			-		18,833		-		-			18,833
Net investment and interest income		2,515		4,195		73		-			6,783		4,940		27,477		(251	)(b)		38,949
Other revenue		-		97,160		49,994		(53,269	)(b)		93,885		-		1,465		(5,094	)(b)		90,256
Total revenues		2,515		1,456,706		50,650		(53,269	)		1,456,602		23,773		109,452		(6,505	)		1,583,322
Costs and expenses:
Operating expenses		4,285		689,294		5,510		(53,269	)(b)		645,820		8,515		11,942		(6,236	)(b,c)		660,041
Commission expenses		-		147,005		-		-			147,005		-		-		-			147,005
Cost of sales		-		70,102		-		-			70,102		-		-		-			70,102
Benefits and losses		-		-		-		-			-		4,457		76,168		-			80,625
Amortization of deferred policy acquisition costs		-		-		-		-			-		-		9,740		-			9,740
Lease expense		46		52,835		35		-			52,916		-		-		(91	)(b)		52,825
Depreciation, net of (gains) losses on disposals		3		112,901		7,738		-			120,642		-		-		-			120,642
Total costs and expenses		4,334		1,072,137		13,283		(53,269	)		1,036,485		12,972		97,850		(6,327	)		1,140,980
Earnings (loss) from operations before equity in earnings of subsidiaries		(1,819	)	384,569		37,367		-			420,117		10,801		11,602		(178	)		442,342
Equity in earnings of subsidiaries		224,946		-		-		(210,363	)(d)		14,583		-		-		(14,583	)(d)		-
Earnings from operations		223,127		384,569		37,367		(210,363	)		434,700		10,801		11,602		(14,761	)		442,342
Interest income (expense)		43,109		(57,071	)	(32,662	)	-			(46,624	)	-		-		178	(b)		(46,446	)
Pretax earnings		266,236		327,498		4,705		(210,363	)		388,076		10,801		11,602		(14,583	)		395,896
Income tax expense		(15,277	)	(120,038	)	(1,802	)	-			(137,117	)	(3,780	)	(4,040	)	-			(144,937	)
Earnings available to common shareholders	$	250,959	$	207,460	$	2,903	$	(210,363	)	$	250,959	$	7,021	$	7,562	$	(14,583	)	$	250,959
(a) Balances for the six months ended June 30, 2013
(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 six months ended September 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	$	-	$	1,006,082	$	-	$	-		$	1,006,082	$	-	$	-	$	(727	)(c)	$	1,005,355
Self-storage revenues		-		72,150		564		-			72,714		-		-		-			72,714
Self-moving and self-storage products and service sales		-		128,908		-		-			128,908		-		-		-			128,908
Property management fees		-		9,762		-		-			9,762		-		-		-			9,762
Life insurance premiums		-		-		-		-			-		-		94,093		-			94,093
Property and casualty insurance premiums		-		-		-		-			-		16,190		-		-			16,190
Net investment and interest income		2,592		4,005		438		-			7,035		4,466		19,069		(200	)(b)		30,370
Other revenue		81		57,056		42,701		(45,921	)(b)		53,917		-		1,204		(720	)(b)		54,401
Total revenues		2,673		1,277,963		43,703		(45,921	)		1,278,418		20,656		114,366		(1,647	)		1,411,793
Costs and expenses:
Operating expenses		8,747		605,578		4,876		(45,921	)(b)		573,280		7,772		13,986		(1,431	)(b,c)		593,607
Commission expenses		-		129,671		-		-			129,671		-		-		-			129,671
Cost of sales		-		63,139		-		-			63,139		-		-		-			63,139
Benefits and losses		-		-		-		-			-		7,955		88,855		-			96,810
Amortization of deferred policy acquisition costs		-		-		-		-			-		-		5,899		-			5,899
Lease expense		46		62,406		11		-			62,463		-		-		(76	)(b)		62,387
Depreciation, net of (gains) losses on disposals		3		107,880		7,196		-			115,079		-		-		-			115,079
Total costs and expenses		8,796		968,674		12,083		(45,921	)		943,632		15,727		108,740		(1,507	)		1,066,592
Earnings (loss) from operations before equity in earnings of subsidiaries		(6,123	)	309,289		31,620		-			334,786		4,929		5,626		(140	)		345,201
Equity in earnings of subsidiaries		164,124		-		-		(156,857	)(d)		7,267		-		-		(7,267	)(d)		-
Earnings from operations		158,001		309,289		31,620		(156,857	)		342,053		4,929		5,626		(7,407	)		345,201
Interest income (expense)		47,841		(65,119	)	(28,466	)	-			(45,744	)	-		-		140	(b)		(45,604	)
Pretax earnings		205,842		244,170		3,154		(156,857	)		296,309		4,929		5,626		(7,267	)		299,597
Income tax expense		(15,853	)	(89,257	)	(1,210	)	-			(106,320	)	(1,725	)	(1,563	)	-			(109,608	)
Earnings available to common shareholders	$	189,989	$	154,913	$	1,944	$	(156,857	)	$	189,989	$	3,204	$	4,063	$	(7,267	)	$	189,989
(a) Balances for the six months ended June 30, 2012
(b) Eliminate intercompany lease / interest income
(c) Eliminate intercompany premiums
(d) Eliminate equity in earnings of subsidiaries