XML 68 R56.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidating financial information by industry segment (Statements of Operations) (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Self-moving equipment rentals $ 711,710 $ 698,219 $ 1,358,046 $ 1,327,505
Self-storage revenues 72,163 62,060 139,885 119,251
Self-moving and self-storage products and service sales 70,330 70,703 147,633 147,961
Property management fees 6,712 6,320 13,316 12,431
Life insurance premiums 40,893 40,515 81,785 80,781
Property and casualty insurance premiums 14,009 13,372 25,264 23,928
Net investment and interest income 25,816 22,151 53,365 44,123
Other revenue 57,278 49,563 103,026 91,728
Total revenues 998,911 962,903 1,922,320 1,847,708
Costs and expenses:        
Operating expenses 398,213 406,282 783,295 769,451
Commission expenses 80,462 80,799 154,278 153,857
Cost of sales 40,952 39,881 84,314 81,136
Benefits and losses 46,836 43,428 93,839 86,819
Amortization of deferred policy acquisition costs 5,989 5,643 13,931 10,421
Lease expense 9,349 12,724 20,397 29,788
Depreciation, net of (gains) losses on disposals 109,904 63,078 205,285 114,060
Total costs and expenses 691,705 651,835 1,355,339 1,245,532
Earnings (loss) from operations before equity in earnings of subsidiaries 307,206 311,068 566,981 602,176
Equity in earnings of subsidiaries      
Earnings from operations 307,206 311,068 566,981 602,176
Interest expense (28,215) (23,973) (54,859) (46,073)
Pretax earnings 278,991 287,095 512,122 556,103
Income tax expense (102,516) (103,716) (188,474) (201,439)
Earnings available to common shareholders 176,475 183,379 323,648 354,664
Operating Segments [Member] | Moving and Storage Consolidations [Member]        
Revenues:        
Self-moving equipment rentals 712,739 699,184 1,359,855 1,329,223
Self-storage revenues 72,163 62,060 139,885 119,251
Self-moving and self-storage products and service sales 70,330 70,703 147,633 147,961
Property management fees 6,712 6,320 13,316 12,431
Life insurance premiums
Property and casualty insurance premiums
Net investment and interest income 2,353 1,845 4,465 4,662
Other revenue 56,103 48,182 101,077 89,606
Total revenues 920,400 888,294 1,766,231 1,703,134
Costs and expenses:        
Operating expenses 386,527 394,660 760,199 746,515
Commission expenses 80,462 80,799 154,278 153,857
Cost of sales 40,952 39,881 84,314 81,136
Benefits and losses
Amortization of deferred policy acquisition costs
Lease expense 9,395 12,770 20,490 29,881
Depreciation, net of (gains) losses on disposals 109,904 63,078 205,285 114,060
Total costs and expenses 627,240 591,188 1,224,566 1,125,449
Earnings (loss) from operations before equity in earnings of subsidiaries 293,160 297,106 541,665 577,685
Equity in earnings of subsidiaries 9,305 9,179 16,879 16,129
Earnings from operations 302,465 306,285 558,544 593,814
Interest expense (28,361) (24,133) (55,154) (46,393)
Pretax earnings 274,104 282,152 503,390 547,421
Income tax expense (97,629) (98,773) (179,742) (192,757)
Earnings available to common shareholders 176,475 183,379 323,648 354,664
Operating Segments [Member] | Property and Casualty Insurance [Member]        
Revenues:        
Self-moving equipment rentals [1] [2] [3] [4]
Self-storage revenues [1] [2] [3] [4]
Self-moving and self-storage products and service sales [1] [2] [3] [4]
Property management fees [1] [2] [3] [4]
Life insurance premiums [1] [2] [3] [4]
Property and casualty insurance premiums 14,009 [1] 13,372 [2] 25,264 [3] 23,928 [4]
Net investment and interest income 3,878 [1] 3,253 [2] 9,508 [3] 7,587 [4]
Other revenue [1] [2] [3] [4]
Total revenues 17,887 [1] 16,625 [2] 34,772 [3] 31,515 [4]
Costs and expenses:        
Operating expenses 7,220 [1] 7,089 [2] 13,505 [3] 13,428 [4]
Commission expenses [1] [2] [3] [4]
Cost of sales [1] [2] [3] [4]
Benefits and losses 3,573 [1] 3,471 [2] 6,670 [3] 5,544 [4]
Amortization of deferred policy acquisition costs [1] [2] [3] [4]
Lease expense [1] [2] [3] [4]
Depreciation, net of (gains) losses on disposals [1] [2] [3] [4]
Total costs and expenses 10,793 [1] 10,560 [2] 20,175 [3] 18,972 [4]
Earnings (loss) from operations before equity in earnings of subsidiaries 7,094 [1] 6,065 [2] 14,597 [3] 12,543 [4]
Equity in earnings of subsidiaries [1] [2] [3] [4]
Earnings from operations 7,094 [1] 6,065 [2] 14,597 [3] 12,543 [4]
Interest expense [1] [2] [3] [4]
Pretax earnings 7,094 [1] 6,065 [2] 14,597 [3] 12,543 [4]
Income tax expense (2,406) [1] (2,123) [2] (5,032) [3] (4,390) [4]
Earnings available to common shareholders 4,688 [1] 3,942 [2] 9,565 [5] 8,153 [6]
Operating Segments [Member] | Life Insurance [Member]        
Revenues:        
Self-moving equipment rentals [1] [2] [3] [4]
Self-storage revenues [1] [2] [3] [4]
Self-moving and self-storage products and service sales [1] [2] [3] [4]
Property management fees [1] [2] [3] [4]
Life insurance premiums 40,893 [1] 40,515 [2] 81,785 [3] 80,781 [4]
Property and casualty insurance premiums [1] [2] [3] [4]
Net investment and interest income 19,767 [1] 17,248 [2] 39,761 [3] 32,268 [4]
Other revenue 1,301 [1] 1,424 [2] 2,210 [3] 2,207 [4]
Total revenues 61,961 [1] 59,187 [2] 123,756 [3] 115,256 [4]
Costs and expenses:        
Operating expenses 5,611 [1] 5,530 [2] 11,642 [3] 11,292 [4]
Commission expenses [1] [2] [3] [4]
Cost of sales [1] [2] [3] [4]
Benefits and losses 43,263 [1] 39,957 [2] 87,169 [3] 81,275 [4]
Amortization of deferred policy acquisition costs 5,989 [1] 5,643 [2] 13,931 [3] 10,421 [4]
Lease expense [1] [2] [3] [4]
Depreciation, net of (gains) losses on disposals [1] [2] [3] [4]
Total costs and expenses 54,863 [1] 51,130 [2] 112,742 [3] 102,988 [4]
Earnings (loss) from operations before equity in earnings of subsidiaries 7,098 [1] 8,057 [2] 11,014 [3] 12,268 [4]
Equity in earnings of subsidiaries [1] [2] [3] [4]
Earnings from operations 7,098 [1] 8,057 [2] 11,014 [3] 12,268 [4]
Interest expense [1] [2] [3] [4]
Pretax earnings 7,098 [1] 8,057 [2] 11,014 [3] 12,268 [4]
Income tax expense (2,481) [1] (2,820) [2] (3,700) [3] (4,292) [4]
Earnings available to common shareholders 4,617 [1] 5,237 [2] 7,314 [5] 7,976 [6]
Consolidation, Eliminations [Member]        
Revenues:        
Self-moving equipment rentals [7] (1,029) (965) (1,809) (1,718)
Self-storage revenues
Self-moving and self-storage products and service sales
Property management fees
Life insurance premiums
Property and casualty insurance premiums
Net investment and interest income [8] (182) (195) (369) (394)
Other revenue [8] (126) (43) (261) (85)
Total revenues (1,337) (1,203) (2,439) (2,197)
Costs and expenses:        
Operating expenses [7],[8] (1,145) (997) (2,051) (1,784)
Commission expenses
Cost of sales
Benefits and losses
Amortization of deferred policy acquisition costs
Lease expense [8] (46) (46) (93) (93)
Depreciation, net of (gains) losses on disposals
Total costs and expenses (1,191) (1,043) (2,144) (1,877)
Earnings (loss) from operations before equity in earnings of subsidiaries (146) (160) (295) (320)
Equity in earnings of subsidiaries [9] (9,305) (9,179) (16,879) (16,129)
Earnings from operations (9,451) (9,339) (17,174) (16,449)
Interest expense [8] 146 160 295 320
Pretax earnings (9,305) (9,179) (16,879) (16,129)
Income tax expense
Earnings available to common shareholders $ (9,305) $ (9,179) $ (16,879) $ (16,129)
[1] Balances for the quarter ended June 30, 2016
[2] Balances for the quarter ended June 30, 2015
[3] Balances for the six months ended June 30, 2016
[4] Balances for the six months ended June 30, 2015
[5] Balance for the period ended June 30, 2016
[6] Balance for the period ended June 30, 2015
[7] Eliminate intercompany premiums
[8] Eliminate intercompany lease / interest income
[9] Eliminate equity in earnings of subsidiaries