XML 68 R56.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidating financial information by industry segment (Statements of Operations) (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Revenues:        
Self-moving equipment rentals $ 541,473 $ 517,403 $ 1,899,519 $ 1,844,908
Self-storage revenues 72,309 63,164 212,194 182,415
Self-moving and self-storage products and service sales 51,562 50,038 199,195 197,999
Property management fees 9,734 8,170 23,050 20,601
Life insurance premiums 41,279 40,657 123,064 121,438
Property and casualty insurance premiums 14,938 14,105 40,202 38,033
Net investment and interest income 23,054 19,026 76,419 63,149
Other revenue 36,327 32,188 139,353 123,916
Total revenues 790,676 744,751 2,712,996 2,592,459
Costs and expenses:        
Operating expenses 389,352 356,156 1,172,647 1,125,607
Commission expenses 61,052 58,347 215,330 212,204
Cost of sales 32,537 29,460 116,851 110,596
Benefits and losses 45,403 41,574 139,242 128,393
Amortization of deferred policy acquisition costs 5,200 5,138 19,131 15,559
Lease expense 8,807 10,461 29,204 40,249
Depreciation, net of (gains) losses on disposals 116,123 85,713 321,408 199,773
Total costs and expenses 658,474 586,849 2,013,813 1,832,381
Earnings (loss) from operations before equity in earnings of subsidiaries 132,202 157,902 699,183 760,078
Equity in earnings of subsidiaries    
Earnings from operations 132,202 157,902 699,183 760,078
Interest expense (29,003) (25,407) (83,862) (71,480)
Amortization on early extinguishment of debt (499) (499)
Pretax earnings 102,700 132,495 614,822 688,598
Income tax expense (37,472) (50,726) (225,946) (252,165)
Earnings available to common shareholders 65,228 81,769 388,876 436,433
Operating Segments [Member] | Moving and Storage Consolidations [Member]        
Revenues:        
Self-moving equipment rentals 542,545 518,438 1,902,400 1,847,661
Self-storage revenues 72,309 63,164 212,194 182,415
Self-moving and self-storage products and service sales 51,562 50,038 199,195 197,999
Property management fees 9,734 8,170 23,050 20,601
Life insurance premiums
Property and casualty insurance premiums
Net investment and interest income 2,570 1,976 7,035 6,638
Other revenue 35,264 30,966 136,341 120,572
Total revenues 713,984 672,752 2,480,215 2,375,886
Costs and expenses:        
Operating expenses 377,165 344,654 1,137,364 1,091,169
Commission expenses 61,052 58,347 215,330 212,204
Cost of sales 32,537 29,460 116,851 110,596
Benefits and losses
Amortization of deferred policy acquisition costs
Lease expense 8,854 10,508 29,344 40,389
Depreciation, net of (gains) losses on disposals 116,123 85,713 321,408 199,773
Total costs and expenses 595,731 528,682 1,820,297 1,654,131
Earnings (loss) from operations before equity in earnings of subsidiaries 118,253 144,070 659,918 721,755
Equity in earnings of subsidiaries 9,046 9,090 25,925 25,219
Earnings from operations 127,299 153,160 685,843 746,974
Interest expense (29,145) (25,564) (84,299) (71,957)
Amortization on early extinguishment of debt (499)   (499)  
Pretax earnings 97,655 127,596 601,045 675,017
Income tax expense (32,427) (45,827) (212,169) (238,584)
Earnings available to common shareholders 65,228 81,769 388,876 436,433
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 14,938 [1] 14,105 [2] 40,202 [3] 38,033 [4]
Net investment and interest income 3,443 [1] 3,252 [2] 12,951 [3] 10,839 [4]
Other revenue [1] [2] [3] [4]
Total revenues 18,381 [1] 17,357 [2] 53,153 [3] 48,872 [4]
Costs and expenses:        
Operating expenses 7,688 [1] 7,048 [2] 21,193 [3] 20,476 [4]
Commission expenses [1] [2] [3] [4]
Cost of sales [1] [2] [3] [4]
Benefits and losses 3,474 [1] 4,038 [2] 10,144 [3] 9,582 [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 11,162 [1] 11,086 [2] 31,337 [3] 30,058 [4]
Earnings (loss) from operations before equity in earnings of subsidiaries 7,219 [1] 6,271 [2] 21,816 [3] 18,814 [4]
Equity in earnings of subsidiaries [1] [2] [3] [4]
Earnings from operations 7,219 [1] 6,271 [2] 21,816 [3] 18,814 [4]
Interest expense [1] [2] [3] [4]
Amortization on early extinguishment of debt    
Pretax earnings 7,219 [1] 6,271 [2] 21,816 [3] 18,814 [4]
Income tax expense (2,488) [1] (2,195) [2] (7,520) [3] (6,585) [4]
Earnings available to common shareholders 4,731 [1] 4,076 [2] 14,296 [5] 12,229 [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 41,279 [1] 40,657 [2] 123,064 [3] 121,438 [4]
Property and casualty insurance premiums [1] [2] [3] [4]
Net investment and interest income 17,221 [1] 13,993 [2] 56,982 [3] 46,261 [4]
Other revenue 1,194 [1] 1,498 [2] 3,404 [3] 3,705 [4]
Total revenues 59,694 [1] 56,148 [2] 183,450 [3] 171,404 [4]
Costs and expenses:        
Operating expenses 5,693 [1] 5,756 [2] 17,335 [3] 17,048 [4]
Commission expenses [1] [2] [3] [4]
Cost of sales [1] [2] [3] [4]
Benefits and losses 41,929 [1] 37,536 [2] 129,098 [3] 118,811 [4]
Amortization of deferred policy acquisition costs 5,200 [1] 5,138 [2] 19,131 [3] 15,559 [4]
Lease expense [1] [2] [3] [4]
Depreciation, net of (gains) losses on disposals [1] [2] [3] [4]
Total costs and expenses 52,822 [1] 48,430 [2] 165,564 [3] 151,418 [4]
Earnings (loss) from operations before equity in earnings of subsidiaries 6,872 [1] 7,718 [2] 17,886 [3] 19,986 [4]
Equity in earnings of subsidiaries [1] [2] [3] [4]
Earnings from operations 6,872 [1] 7,718 [2] 17,886 [3] 19,986 [4]
Interest expense [1] [2] [3] [4]
Amortization on early extinguishment of debt    
Pretax earnings 6,872 [1] 7,718 [2] 17,886 [3] 19,986 [4]
Income tax expense (2,557) [1] (2,704) [2] (6,257) [3] (6,996) [4]
Earnings available to common shareholders 4,315 [1] 5,014 [2] 11,629 [5] 12,990 [6]
Consolidation, Eliminations [Member]        
Revenues:        
Self-moving equipment rentals [7] (1,072) (1,035) (2,881) (2,753)
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] (180) (195) (549) (589)
Other revenue [8] (131) (276) (392) (361)
Total revenues (1,383) (1,506) (3,822) (3,703)
Costs and expenses:        
Operating expenses [7],[8] (1,194) (1,302) (3,245) (3,086)
Commission expenses
Cost of sales
Benefits and losses
Amortization of deferred policy acquisition costs
Lease expense [8] (47) (47) (140) (140)
Depreciation, net of (gains) losses on disposals
Total costs and expenses (1,241) (1,349) (3,385) (3,226)
Earnings (loss) from operations before equity in earnings of subsidiaries (142) (157) (437) (477)
Equity in earnings of subsidiaries [9] (9,046) (9,090) (25,925) (25,219)
Earnings from operations (9,188) (9,247) (26,362) (25,696)
Interest expense [8] 142 157 437 477
Amortization on early extinguishment of debt    
Pretax earnings (9,046) (9,090) (25,925) (25,219)
Income tax expense
Earnings available to common shareholders $ (9,046) $ (9,090) $ (25,925) $ (25,219)
[1] Balances for the quarter ended September 30, 2016
[2] Balances for the quarter ended September 30, 2015
[3] Balances for the nine months ended September 30, 2016
[4] Balances for the nine months ended September 30, 2015
[5] Balance for the period ended September 30, 2016
[6] Balance for the period ended September 30, 2015
[7] Eliminate intercompany premiums
[8] Eliminate intercompany lease / interest income
[9] Eliminate equity in earnings of subsidiaries