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AMERCO, a Nevada corporation (“AMERCO”), has a second fiscal quarter that ends on the 30th of September for each year that is referenced. Our insurance company subsidiaries have a second quarter that ends on the 30th of June for each year that is referenced. They have been consolidated on that basis. Our insurance companies’ financial reporting processes conform to calendar year reporting as required by state insurance departments. Management believes that consolidating their calendar year into our fiscal year financial statements does not materially affect the presentation of financial position or results of operations. We disclose material events, if any, occurring during the intervening period. Consequently, all references to our insurance subsidiaries’ years 2019 and 2018 correspond to fiscal 2020 and 2019 for AMERCO.Accounts denominated in non-U.S. currencies have been translated into U.S. dollars. Certain amounts reported in previous years have been reclassified to conform to the current presentation. The condensed consolidated balance sheet as of September 30, 2019 and the related condensed consolidated statements of operations, comprehensive income (loss), stockholders’ equity for the second quarter and first six months of fiscal 2020 and 2019 and cash flows for the six months of fiscal 2020 and 2019 are unaudited.In our opinion, all adjustments necessary for the fair presentation of such condensed consolidated financial statements have been included. Such adjustments consist only of normal recurring items. Interim results are not necessarily indicative of results for a full year. The information in this Quarterly Report on Form 10-Q (“Quarterly Report”) should be read in conjunction with Management’s Discussion and Analysis of Financial Condition and Results of Operations and financial statements and notes thereto included in our Annual Report on Form 10-K for the fiscal year ended March 31, 2019.Intercompany accounts and transactions have been eliminated.Description of Legal EntitiesAMERCO is the holding company for:U-Haul International, Inc. (“U-Haul”);Amerco Real Estate Company (“Real Estate”);Repwest Insurance Company (“Repwest”); andOxford Life Insurance Company (“Oxford”).Unless the context otherwise requires, the terms “Company,” “we,” “us” or “our” refer to AMERCO and all of its legal subsidiaries.Description of Operating SegmentsAMERCO has three (3) reportable segments. They are Moving and Storage, Property and Casualty Insurance and Life Insurance.The Moving and Storage operating segment (“Moving and Storage”) includes AMERCO, U-Haul and Real Estate and the wholly owned subsidiaries of U-Haul and Real Estate. Operations consist of the rental of trucks and trailers, sales of moving supplies, sales of towing accessories, sales of propane, and the rental of fixed and portable moving and storage units to the “do-it-yourself” mover and management of self-storage properties owned by others. Operations are conducted under the registered trade name U-Haul® throughout the United States and Canada.8The Property and Casualty Insurance operating segment (“Property and Casualty Insurance”) includes Repwest and its wholly owned subsidiaries and ARCOA Risk Retention Group (“ARCOA”). Property and Casualty Insurance provides loss adjusting and claims handling for U-Haul® through regional offices in the United States and Canada. Property and Casualty Insurance also underwrites components of the Safemove®, Safetow®, Safemove Plus®, Safestor® and Safestor Mobile® protection packages to U-Haul customers. The business plan for Property and Casualty Insurance includes offering property and casualty insurance products in other U-Haul-related programs. ARCOA is a group captive insurer owned by us and our wholly owned subsidiaries whose purpose is to provide insurance products related to our moving and storage business.The Life Insurance operating segment (“Life Insurance”) includes Oxford and its wholly owned subsidiaries. Life Insurance provides life and health insurance products primarily to the senior market through the direct writing and reinsuring of life insurance, Medicare supplement and annuity policies.

Our earnings per share is calculated by dividing our earnings available to common stockholders by the weighted average common shares outstanding, basic and diluted.The weighted average common shares outstanding exclude post-1992 shares of the employee stock ownership plan that have not been committed to be released. The unreleased shares, net of shares committed to be released, were 16,128 as of September 30, 2018. As of September 30, 2019, all of these shares have been released.

16128

Expected maturities may differ from contractual maturities as borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.We deposit bonds with insurance regulatory authorities to meet statutory requirements. The adjusted cost of bonds on deposit with insurance regulatory authorities was $29.4 million and $30.8 million as of September 30, 2019 and March 31, 2019, respectively.Available-for-Sale InvestmentsAvailable-for-sale investments as of September 30, 2019 were as follows:<table cellpadding="0" cellspacing="0" style="width:522.75pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:63.75pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AmortizedCost</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">GrossUnrealizedGains</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:52.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">GrossUnrealizedLosses More than 12 Months</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">GrossUnrealizedLosses Less than 12 Months</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">EstimatedMarketValue</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="9" style="width:306.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="9" style="width:306.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U.S. treasury securities and government obligations</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">133,938</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,673</td><td style="width:7.5pt; vertical-align:bottom">$ </td><td style="width:52.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(148)</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:10.5pt; vertical-align:bottom">$ </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">141,463</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U.S. government agency mortgage-backed securities</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">40,588</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">694</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:52.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">41,280</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Obligations of states and political subdivisions</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">296,325</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">20,642</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:52.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(155)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">316,812</td></tr><tr style="height:12.6pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Corporate securities</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,654,981</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">77,467</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:52.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,329)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(176)</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,729,943</td></tr><tr style="height:12.6pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Mortgage-backed securities</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">150,143</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,529</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:52.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(49)</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">155,622</td></tr><tr style="height:12.6pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Redeemable preferred stocks</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,493</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">74</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:52.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,567</td></tr><tr style="height:12.6pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:47.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,277,468</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:50.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">112,079</td><td style="width:7.5pt; vertical-align:bottom">$ </td><td style="width:52.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,635)</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:50.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(225)</td><td style="width:10.5pt; vertical-align:bottom">$ </td><td style="width:48pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,386,687</td></tr></table> 9Available-for-sale investments at March 31, 2019 were as follows:<table cellpadding="0" cellspacing="0" style="width:522.75pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:56.25pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AmortizedCost</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">GrossUnrealizedGains</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:52.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">GrossUnrealizedLosses More than 12 Months</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">GrossUnrealizedLosses Less than 12 Months</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">EstimatedMarketValue</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="9" style="width:306.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="9" style="width:306.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U.S. treasury securities and government obligations</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">136,010</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,409</td><td style="width:7.5pt; vertical-align:bottom">$ </td><td style="width:52.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,104)</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(447)</td><td style="width:10.5pt; vertical-align:bottom">$ </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">135,868</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U.S. government agency mortgage-backed securities</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">31,101</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">433</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:52.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(146)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(19)</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">31,369</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Obligations of states and political subdivisions</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">298,955</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,079</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:52.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(233)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(905)</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">305,896</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Corporate securities</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,613,199</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">14,777</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:52.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(14,257)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(24,986)</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,588,733</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Mortgage-backed securities</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">148,203</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">880</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:52.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(285)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(903)</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">147,895</td></tr><tr style="height:12.6pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Redeemable preferred stocks</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,493</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">20</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:52.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(45)</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,468</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:47.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,228,961</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:50.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">26,598</td><td style="width:7.5pt; vertical-align:bottom">$ </td><td style="width:52.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(17,025)</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:50.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(27,305)</td><td style="width:10.5pt; vertical-align:bottom">$ </td><td style="width:48pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,211,229</td></tr></table> The available-for-sale tables include gross unrealized losses that are not deemed to be other-than-temporarily impaired, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position.We sold available-for-sale securities with a fair value of $124.8 million during the first six months of fiscal 2020. The gross realized gains on these sales totaled $3.6 million. The gross realized losses on these sales totaled $0.2 million.The unrealized losses of more than twelve months in the available-for-sale tables are considered temporary declines. We track each investment with an unrealized loss and evaluate them on an individual basis for other-than-temporary impairments, including obtaining corroborating opinions from third party sources, performing trend analysis and reviewing management’s future plans. Certain of these investments may have declines determined by management to be other-than-temporary and we recognize these write-downs, if any, through earnings. There were no write-downs in the second quarter or first six months of fiscal 2020 or 2019.The investment portfolio primarily consists of corporate securities and obligations of states and political subdivisions. We believe we monitor our investments as appropriate. Our methodology of assessing other-than-temporary impairments is based on security-specific analysis as of the balance sheet date and considers various factors including the length of time to maturity, the extent to which the fair value has been less than the cost, the financial condition and the near-term prospects of the issuer, and whether the debtor is current on its contractually obligated interest and principal payments. Nothing has come to management’s attention that would lead to the belief that any issuer would not have the ability to meet the remaining contractual obligations of the security, including payment at maturity. We have the ability and intent not to sell our fixed maturity and common stock investments for a period of time sufficient to allow us to recover our costs.The portion of other-than-temporary impairment related to a credit loss is recognized in earnings. The significant inputs utilized in the evaluation of mortgage-backed securities credit losses include ratings, delinquency rates, and prepayment activity. The significant inputs utilized in the evaluation of asset backed securities credit losses include the time frame for principal recovery and the subordination and value of the underlying collateral. There were no credit losses recognized in earnings for which a portion of an other-than-temporary impairment was recognized in accumulated other comprehensive income (loss) (“AOCI”) for the first six months of fiscal 2020 and fiscal 2019, respectively.10The adjusted cost and estimated market value of available-for-sale investments by contractual maturity were as follows:<table cellpadding="0" cellspacing="0" style="width:489.75pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:115.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">September 30, 2019</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:115.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">March 31, 2019</td></tr><tr style="height:38.25pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AmortizedCost</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">EstimatedMarketValue</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AmortizedCost</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">EstimatedMarketValue</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:115.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:115.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="7" style="width:247.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Due in one year or less</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">83,028</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">83,337</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">71,987</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">71,954</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Due after one year through five years</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">521,038</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">536,225</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">541,195</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">540,658</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Due after five years through ten years</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">694,348</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">729,026</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">621,031</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">614,485</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Due after ten years</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">827,418</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">880,910</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">845,052</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">834,769</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,125,832</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,229,498</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,079,265</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,061,866</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Mortgage-backed securities</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">150,143</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">155,622</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">148,203</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">147,895</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Redeemable preferred stocks</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,493</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,567</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,493</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,468</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:50.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,277,468</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:48.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,386,687</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:50.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,228,961</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:48.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,211,229</td></tr></table> As of September 30, 2019 and March 31, 2019, our common stock and non-redeemable preferred stock that are included in Investments, fixed maturities and marketable equities on our balance sheet are stated in the table below. The changes in the fair value of these equity investments are recognized through Net investment and interest income.Equity investments of common stock and non-redeemable preferred stock were as follows:<table cellpadding="0" cellspacing="0" style="width:473.25pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:106.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">September 30, 2019</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:109.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">March 31, 2019</td></tr><tr style="height:36pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AmortizedCost</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">EstimatedMarketValue</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AmortizedCost</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:45.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">EstimatedMarketValue</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:106.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="7" style="width:231.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Common stocks</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,123</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">19,207</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,123</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,379</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Non-redeemable preferred stocks</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,451</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,456</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,451</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,789</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,574</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:44.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">26,663</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:48pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,574</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:45.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">24,168</td></tr></table>

29400000

30800000

<table cellpadding="0" cellspacing="0" style="width:522.75pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:63.75pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AmortizedCost</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">GrossUnrealizedGains</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:52.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">GrossUnrealizedLosses More than 12 Months</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">GrossUnrealizedLosses Less than 12 Months</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">EstimatedMarketValue</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="9" style="width:306.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="9" style="width:306.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U.S. treasury securities and government obligations</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">133,938</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,673</td><td style="width:7.5pt; vertical-align:bottom">$ </td><td style="width:52.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(148)</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:10.5pt; vertical-align:bottom">$ </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">141,463</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U.S. government agency mortgage-backed securities</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">40,588</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">694</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:52.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">41,280</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Obligations of states and political subdivisions</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">296,325</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">20,642</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:52.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(155)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">316,812</td></tr><tr style="height:12.6pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Corporate securities</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,654,981</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">77,467</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:52.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,329)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(176)</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,729,943</td></tr><tr style="height:12.6pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Mortgage-backed securities</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">150,143</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,529</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:52.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(49)</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">155,622</td></tr><tr style="height:12.6pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Redeemable preferred stocks</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,493</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">74</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:52.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,567</td></tr><tr style="height:12.6pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:47.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,277,468</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:50.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">112,079</td><td style="width:7.5pt; vertical-align:bottom">$ </td><td style="width:52.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,635)</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:50.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(225)</td><td style="width:10.5pt; vertical-align:bottom">$ </td><td style="width:48pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,386,687</td></tr></table>

133938000

7673000 148000 -0

141463000

40588000

694000 2000 -0

41280000

296325000

20642000 155000 -0

316812000

1654981000

77467000 2329000 176000

1729943000

150143000

5529000 1000 49000

155622000

1493000

74000 -0 -0

1567000

2277468000

112079000 2635000 225000

2386687000

<table cellpadding="0" cellspacing="0" style="width:522.75pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:56.25pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AmortizedCost</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">GrossUnrealizedGains</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:52.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">GrossUnrealizedLosses More than 12 Months</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">GrossUnrealizedLosses Less than 12 Months</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">EstimatedMarketValue</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="9" style="width:306.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="9" style="width:306.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U.S. treasury securities and government obligations</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">136,010</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,409</td><td style="width:7.5pt; vertical-align:bottom">$ </td><td style="width:52.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,104)</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(447)</td><td style="width:10.5pt; vertical-align:bottom">$ </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">135,868</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U.S. government agency mortgage-backed securities</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">31,101</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">433</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:52.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(146)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(19)</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">31,369</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Obligations of states and political subdivisions</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">298,955</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,079</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:52.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(233)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(905)</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">305,896</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Corporate securities</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,613,199</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">14,777</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:52.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(14,257)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(24,986)</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,588,733</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Mortgage-backed securities</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">148,203</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">880</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:52.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(285)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(903)</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">147,895</td></tr><tr style="height:12.6pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Redeemable preferred stocks</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,493</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">20</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:52.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(45)</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,468</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:195.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:47.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,228,961</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:50.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">26,598</td><td style="width:7.5pt; vertical-align:bottom">$ </td><td style="width:52.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(17,025)</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:50.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(27,305)</td><td style="width:10.5pt; vertical-align:bottom">$ </td><td style="width:48pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,211,229</td></tr></table>

136010000

2409000 2104000 447000

135868000

31101000

433000 146000 19000

31369000

298955000

8079000 233000 905000

305896000

1613199000

14777000 14257000 24986000

1588733000

148203000

880000 285000 903000

147895000

1493000

20000 -0 45000

1468000

2228961000

26598000 17025000 27305000

2211229000

124800000

3600000

200000

<table cellpadding="0" cellspacing="0" style="width:489.75pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:115.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">September 30, 2019</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:115.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">March 31, 2019</td></tr><tr style="height:38.25pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AmortizedCost</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">EstimatedMarketValue</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AmortizedCost</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">EstimatedMarketValue</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:115.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:115.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="7" style="width:247.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Due in one year or less</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">83,028</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">83,337</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">71,987</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">71,954</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Due after one year through five years</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">521,038</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">536,225</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">541,195</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">540,658</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Due after five years through ten years</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">694,348</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">729,026</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">621,031</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">614,485</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Due after ten years</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">827,418</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">880,910</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">845,052</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">834,769</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,125,832</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,229,498</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,079,265</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,061,866</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Mortgage-backed securities</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">150,143</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">155,622</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">148,203</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">147,895</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Redeemable preferred stocks</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,493</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,567</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,493</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,468</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:50.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,277,468</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:48.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,386,687</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:50.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,228,961</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:48.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,211,229</td></tr></table>

83028000

83337000

71987000

71954000

521038000

536225000

541195000

540658000

694348000

729026000

621031000

614485000

827418000

880910000

845052000

834769000

2125832000

2229498000

2079265000

2061866000

150143000

155622000

148203000

147895000

1493000

1567000

1493000

1468000

2277468000

2386687000

2228961000

2211229000

<table cellpadding="0" cellspacing="0" style="width:473.25pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:106.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">September 30, 2019</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:109.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">March 31, 2019</td></tr><tr style="height:36pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AmortizedCost</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">EstimatedMarketValue</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AmortizedCost</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:45.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">EstimatedMarketValue</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:106.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="7" style="width:231.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Common stocks</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,123</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">19,207</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,123</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,379</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Non-redeemable preferred stocks</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,451</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,456</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,451</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,789</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:219.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,574</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:44.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">26,663</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:48pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,574</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:45.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">24,168</td></tr></table>

10123000

19207000

10123000

17379000

7451000

7456000

7451000

6789000

17574000

26663000

17574000

24168000

Long Term DebtLong term debt was as follows:<table cellpadding="0" cellspacing="0" style="width:492pt; border-collapse:collapse"><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:12pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">September 30,</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">March 31,</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="4" style="width:72.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2020 Rates (a)</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:54.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Maturities</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="4" style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="4" style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:130.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Real estate loan (amortizing term)</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:12pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.55</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2023</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">97,913</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">102,913</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Senior mortgages</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.36</td><td style="width:12pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6.62</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2021</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2038</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,876,499</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,741,652</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Real estate loans (revolving credit)</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.03</td><td style="width:12pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.61</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2022</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2024</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">435,000</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">429,400</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fleet loans (amortizing term)</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1.95</td><td style="width:12pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4.66</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2020</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2027</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">262,984</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">263,209</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fleet loans (revolving credit)</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.25</td><td style="width:12pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.27</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2022</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2024</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">570,000</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">530,000</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Finance/capital leases (rental equipment)</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1.92</td><td style="width:12pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5.04</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2026</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">861,751</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,042,652</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Finance liability (rental equipment)</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2.97</td><td style="width:12pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4.22</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2024</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2026</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">339,387</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other obligations</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2.75</td><td style="width:12pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8.00</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2048</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">83,503</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">82,417</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td colspan="2" style="width:207.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Notes, loans and finance/capital leases payable</td><td style="width:12pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,527,037</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,192,243</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Less: Debt issuance costs</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:12pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(29,125)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(28,920)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td colspan="6" style="width:273pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total notes, loans and finance/capital leases payable, net</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:62.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,497,912</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:54pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,163,323</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:12pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td colspan="10" style="width:341.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Interest rates as of September 30, 2019, including the effect of applicable hedging instruments.</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr></table>Real Estate Backed LoansReal Estate LoanReal Estate and certain of its subsidiaries and U-Haul Company of Florida are borrowers under a real estate loan (the “Real Estate Loan”). The Real Estate Loan requires monthly principal and interest payments, with the unpaid loan balance and accrued and unpaid interest due at maturity. The Real Estate Loan is secured by various properties owned by the borrowers. The interest rate, per the provisions of the amended loan agreement, is the applicable London Inter-Bank Offer Rate (“LIBOR”) plus the applicable margin. As of September 30, 2019, the applicable LIBOR was 2.05% and the applicable margin was 1.50%, the sum of which was 3.55%. The default provisions of the Real Estate Loan include non-payment of principal or interest and other standard reporting and change-in-control covenants. There are limited restrictions regarding our use of the funds.Senior MortgagesVarious subsidiaries of Real Estate and U-Haul are borrowers under certain senior mortgages. The senior mortgages require monthly principal and interest payments. The senior mortgages are secured by certain properties owned by the borrowers. The fixed interest rates, per the provisions of the senior mortgages, range between 3.36% and 6.62%. Certain senior mortgages have an anticipated repayment date and a maturity date. If these senior mortgages are not repaid by the anticipated repayment date, the interest rate on these mortgages would increase from the current fixed rate. We are using the anticipated repayment date for our maturity schedule. Real Estate and U-Haul have provided limited guarantees of the senior mortgages. The default provisions of the senior mortgages include non-payment of principal or interest and other standard reporting and change-in-control covenants. There are limited restrictions regarding our use of the funds.12Real Estate Loans (Revolving Credit)Various subsidiaries of Real Estate are borrowers under asset-backed real estate loans with an aggregate borrowing capacity of $335.0 million. As of September 30, 2019, the outstanding balance of these loans in the aggregate was $335.0 million. These loans are secured by certain properties owned by the borrowers. The loan agreements provide for term loans, subject to the terms of the loan agreements. The final maturity of the loans is between June 2022 and February 2024. The loans require monthly interest payments with the unpaid loan balance and accrued and unpaid interest due at maturity. The interest rate, per the provision of the loan agreements, is the applicable LIBOR plus the applicable margin. As of September 30, 2019, the applicable LIBOR was 2.11% and the margin was between 1.25% and 1.50%, the sum of which was between 3.36% and 3.61%. Certain loans have interest rate swaps fixing the rate between 3.03% and 3.14% based on current margins. AMERCO is the guarantor of these loans. The default provisions of the loan include non-payment of principal or interest and other standard reporting and change-in-control covenants.AMERCO is a borrower under a real estate loan. The current maximum credit commitment is $150.0 million, which can be increased to $300.0 million by bringing in other lenders. As of September 30, 2019, the outstanding balance was $100.0 million. This loan agreement provides for revolving loans, subject to the terms of the loan agreement. The final maturity of this loan is September 2022. This loan requires monthly interest payments with the unpaid loan balance and accrued and unpaid interest due at maturity. As of September 30, 2019, the applicable LIBOR was 2.11% and the margin was 1.38%, the sum of which was 3.49%. The default provisions of the loan include non-payment of principal or interest and other standard reporting and change-in-control covenants. There is a 0.30% fee charged for unused capacity.Fleet LoansRental Truck Amortizing LoansThe amortizing loans require monthly principal and interest payments, with the unpaid loan balance and accrued and unpaid interest due at maturity. These loans were used to purchase new trucks. The interest rates, per the provision of the loan agreements, are carried at fixed rates ranging between 1.95% and 4.66%. Additionally, one of these loans is carried at a variable rate with the applicable LIBOR plus the applicable margins. As of September 30, 2019, the applicable LIBOR was 2.03% and applicable margin was 1.75% with a sum of 3.78%. The interest rate is hedged with an interest rate swap fixing the rate at 2.82% based on current margins. AMERCO, and in some cases U-Haul, is guarantor of these loans. The default provisions of these loans include non-payment of principal or interest and other standard reporting and change-in-control covenants.Rental Truck RevolversVarious subsidiaries of U-Haul entered into three revolving fleet loans with an aggregate borrowing capacity of $580.0 million. The interest rates, per the provision of the loan agreements, are the applicable LIBOR plus the applicable margin. As of September 30, 2019, the applicable LIBOR was between 2.10% and 2.12%, and the margin was 1.15%, the sum of which was between 3.25% and 3.27%. Only interest is paid on the loans until the last nine months of the respective loan terms when principal becomes due monthly. Finance/Capital LeasesThe Finance/Capital Lease balance represents our sale-leaseback transactions of rental equipment that were entered into and classified as capital leases prior to the adoption of ASC 842 on April 1, 2019. The historical capital lease balance was reclassified to ROU assets-finance, net and have an outstanding balance of $861.8 million as of September 30, 2019. The agreements are generally 7 year terms with interest rates ranging from 1.92% to 5.04%. All of our finance leases are collateralized by our rental fleet. There were no new financing leases, as assessed under the new leasing guidance, entered into during the six months ended September 30, 2019.13Finance LiabilityFinance Liabilities represent our rental equipment financing transactions that have historically been accounted for as capital leases prior to the adoption of ASC 842 on April 1, 2019, which substantially changed the accounting for sale-leasebacks going forward. In accordance with the new leasing guidance, we assess if sale-leaseback transactions qualify as a sale at initiation by determining if a transfer of ownership occurs. We have determined that our equipment sale-leasebacks do not qualify as a sale, as the buyer-lessors do not obtain control of the assets in our ongoing sale-leaseback arrangements. As a result, we expect future sale-leasebacks to be accounted for as a financial liability and the leased assets will be capitalized at cost. As of September 30, 2019, we have failed sale-leasebacks transactions totaling $339.4 million. Our finance liabilities have an average term of 7 years and interest rates ranging from 2.97% to 4.22%. These finance liabilities are collateralized by our rental fleet. Other ObligationsIn February 2011, AMERCO and U.S. Bank, NA (the “Trustee”) entered into the U-Haul Investors Club® Indenture. AMERCO and the Trustee entered into this indenture to provide for the issuance of notes by us directly to investors over our proprietary website, uhaulinvestorsclub.com (“U-Notes®”). The U-Notes® are secured by various types of collateral, including, but not limited to, rental equipment and real estate. U-Notes® are issued in smaller series that vary as to principal amount, interest rate and maturity. U-Notes® are obligations of the Company and secured by the associated collateral; they are not guaranteed by any of the Company’s affiliates or subsidiaries.As of September 30, 2019, the aggregate outstanding principal balance of the U-Notes® issued was $86.5 million, of which $3.0 million is held by our insurance subsidiaries and eliminated in consolidation. Interest rates range between 2.75% and 8.00% and maturity dates range between 2019 and 2048.Oxford is a member of the Federal Home Loan Bank (“FHLB”) and, as such, the FHLB has made deposits with Oxford. As of June 30, 2019, the deposits had an aggregate balance of $60.0 million, for which Oxford pays fixed interest rates between 1.67% and 2.95% with maturities between September 29, 2019 and March 29, 2021. As of March 31, 2019, available-for-sale investments held with the FHLB totaled $131.1 million, of which $68.8 million were pledged as collateral to secure the outstanding deposits. The balances of these deposits are included within Liabilities from investment contracts on the condensed consolidated balance sheets.Annual Maturities of Notes, Loans and Finance/Capital Leases PayableThe annual maturities of our notes, loans and finance/capital leases payable, as of September 30, 2019 for the next five years and thereafter are as follows:<table cellpadding="0" cellspacing="0" style="width:484.5pt; border-collapse:collapse"><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:156pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="11" style="width:308.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Year Ended September 30,</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:156pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:39.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2020</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:39.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2021</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:39.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2022</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:34.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2023</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:39.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2024</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:43.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Thereafter</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:156pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="11" style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:156pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="11" style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:25.5pt; -aw-height-rule:exactly"><td style="width:156pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Notes, loans and finance/capital leases payable, secured</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:39.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">491,098</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:39.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">401,307</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:39.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">907,853</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:34.5pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">525,138</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:39.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">770,782</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:43.5pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,430,859</td></tr></table>Interest on BorrowingsInterest ExpenseComponents of interest expense include the following:<table cellpadding="0" cellspacing="0" style="width:493.5pt; border-collapse:collapse"><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:165pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Quarter Ended September 30,</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:72.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2018</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:165pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:165pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest expense</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">44,743</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">36,220</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Capitalized interest</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(6,669)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,227)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of transaction costs </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,047</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">881</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest expense resulting from cash flow hedges</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">156</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total interest expense</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:72.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">39,122</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">35,030</td></tr></table> <table cellpadding="0" cellspacing="0" style="width:488.25pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:159.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Six Months Ended September 30,</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:72.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:72.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2018</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:159.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:159.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest expense</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">88,074</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">70,416</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Capitalized interest</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(12,168)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,646)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of transaction costs </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,100</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,842</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest expense resulting from cash flow hedges</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">672</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total interest expense</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:72.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">78,010</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:72.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">70,284</td></tr></table> Interest paid in cash, including payments related to derivative contracts, amounted to $45.4 million and $36.6 million for the second quarter of fiscal 2020 and 2019, respectively, and $85.9 million and $71.1 million for the first six months of fiscal 2020 and 2019, respectively. Interest RatesInterest rates and Company borrowings were as follows:<table cellpadding="0" cellspacing="0" style="width:471.75pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:171pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revolving Credit Activity</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:171pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Quarter Ended September 30,</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:79.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2018</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:171pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:177pt; vertical-align:bottom">(In thousands, except interest rates)</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Weighted average interest rate during the quarter</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.50</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:79.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.06</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest rate at the end of the quarter</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.36</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:79.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2.81</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Maximum amount outstanding during the quarter</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,015,000</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:79.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">705,000</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Average amount outstanding during the quarter</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,004,348</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:79.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">585,924</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Facility fees</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">45</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:79.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">128</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr></table> <table cellpadding="0" cellspacing="0" style="width:471.75pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:171pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revolving Credit Activity</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:171pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Six Months Ended September 30,</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:79.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2018</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:171pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:177pt; vertical-align:bottom">(In thousands, except interest rates)</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Weighted average interest rate during the period</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.61</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:79.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.08</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest rate at the end of the period</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.36</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:79.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2.81</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Maximum amount outstanding during the period</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,015,000</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:79.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">705,000</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Average amount outstanding during the period</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">985,954</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:79.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">542,186</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Facility fees</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">107</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:79.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">272</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr></table>

<table cellpadding="0" cellspacing="0" style="width:492pt; border-collapse:collapse"><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:12pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">September 30,</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">March 31,</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="4" style="width:72.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2020 Rates (a)</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:54.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Maturities</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="4" style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="4" style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:130.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Real estate loan (amortizing term)</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:12pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.55</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2023</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">97,913</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">102,913</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Senior mortgages</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.36</td><td style="width:12pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6.62</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2021</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2038</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,876,499</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,741,652</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Real estate loans (revolving credit)</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.03</td><td style="width:12pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.61</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2022</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2024</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">435,000</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">429,400</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fleet loans (amortizing term)</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1.95</td><td style="width:12pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4.66</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2020</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2027</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">262,984</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">263,209</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fleet loans (revolving credit)</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.25</td><td style="width:12pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.27</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2022</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2024</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">570,000</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">530,000</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Finance/capital leases (rental equipment)</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1.92</td><td style="width:12pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5.04</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2026</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">861,751</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,042,652</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Finance liability (rental equipment)</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2.97</td><td style="width:12pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4.22</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2024</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2026</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">339,387</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other obligations</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2.75</td><td style="width:12pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8.00</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2048</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">83,503</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">82,417</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td colspan="2" style="width:207.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Notes, loans and finance/capital leases payable</td><td style="width:12pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,527,037</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,192,243</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Less: Debt issuance costs</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:12pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(29,125)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(28,920)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td colspan="6" style="width:273pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total notes, loans and finance/capital leases payable, net</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:62.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,497,912</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:54pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,163,323</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:181.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:12pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td colspan="10" style="width:341.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Interest rates as of September 30, 2019, including the effect of applicable hedging instruments.</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr></table>

0.0355

2023

97913000

102913000

0.0336

0.0662

2021 2038

1876499000

1741652000

0.0303

0.0361

2022 2024

435000000

429400000

0.0195

0.0466

2020 2027

262984000

263209000

0.0325

0.0327

2022 2024

570000000

530000000

0.0192

0.0504

2019 2026

861751000

1042652000

0.0297

0.0422

2024 2026

339387000

0.0275

0.0800

2019 2048

83503000

82417000

4192243000

29125000

28920000

4497912000

4163323000

0.0205

0.0150

0.0355

0.0336

0.0662

335000000.0

2022 2024

0.0211

0.0125

0.0150

0.0336

0.0361

0.0303

0.0314

150000000.0

300000000.0

100000000.0

0.0211

0.0138

0.0349

0.0203

0.0175

0.0378

0.0282

580000000.0

0.0210

0.0212

0.0115

0.0325

0.0327

861800000

7 year terms

0.0192

0.0504

339400000

7 years

0.0297

0.0422

86500000

3000000.0

0.0275

0.0800

2019 2048

60000000.0

0.0167

0.0295

131100000

68800000

<table cellpadding="0" cellspacing="0" style="width:484.5pt; border-collapse:collapse"><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:156pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="11" style="width:308.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Year Ended September 30,</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:156pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:39.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2020</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:39.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2021</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:39.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2022</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:34.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2023</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:39.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2024</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:43.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Thereafter</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:156pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="11" style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:156pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="11" style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:25.5pt; -aw-height-rule:exactly"><td style="width:156pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Notes, loans and finance/capital leases payable, secured</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:39.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">491,098</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:39.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">401,307</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:39.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">907,853</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:34.5pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">525,138</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:39.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">770,782</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:43.5pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,430,859</td></tr></table>

491098000

401307000

907853000

525138000

770782000

1430859000

<table cellpadding="0" cellspacing="0" style="width:493.5pt; border-collapse:collapse"><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:165pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Quarter Ended September 30,</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:72.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2018</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:165pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:165pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest expense</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">44,743</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">36,220</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Capitalized interest</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(6,669)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,227)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of transaction costs </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,047</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">881</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest expense resulting from cash flow hedges</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">156</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total interest expense</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:72.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">39,122</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">35,030</td></tr></table>

44743000

36220000

6669000

2227000

1047000

881000

1000

156000

<table cellpadding="0" cellspacing="0" style="width:488.25pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:159.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Six Months Ended September 30,</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:72.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:72.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2018</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:159.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:159.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest expense</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">88,074</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">70,416</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Capitalized interest</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(12,168)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,646)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of transaction costs </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,100</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,842</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest expense resulting from cash flow hedges</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:72.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">672</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:308.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total interest expense</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:72.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">78,010</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:72.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">70,284</td></tr></table>

88074000

70416000

12168000

2646000

2100000

1842000

4000

672000

45400000

36600000

85900000

71100000

<table cellpadding="0" cellspacing="0" style="width:471.75pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:171pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revolving Credit Activity</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:171pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Quarter Ended September 30,</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:79.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2018</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:171pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:177pt; vertical-align:bottom">(In thousands, except interest rates)</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Weighted average interest rate during the quarter</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.50</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:79.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.06</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest rate at the end of the quarter</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.36</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:79.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2.81</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Maximum amount outstanding during the quarter</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,015,000</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:79.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">705,000</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Average amount outstanding during the quarter</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,004,348</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:79.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">585,924</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Facility fees</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">45</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:79.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">128</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr></table>

0.0350

0.0306

0.0336

0.0281

1015000000

705000000

1004348000

585924000

45000

128000

<table cellpadding="0" cellspacing="0" style="width:471.75pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:171pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revolving Credit Activity</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:171pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Six Months Ended September 30,</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:79.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2018</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:171pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:177pt; vertical-align:bottom">(In thousands, except interest rates)</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Weighted average interest rate during the period</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.61</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:79.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.08</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest rate at the end of the period</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.36</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:79.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2.81</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Maximum amount outstanding during the period</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,015,000</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:79.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">705,000</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Average amount outstanding during the period</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">985,954</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:79.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">542,186</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Facility fees</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">107</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:79.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">272</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr></table>

0.0361

0.0308

0.0336

0.0281

1015000000

705000000

985954000

542186000

107000

272000

We manage exposure to changes in market interest rates. Our use of derivative instruments is limited to highly effective interest rate swaps to hedge the risk of changes in cash flows (future interest payments) attributable to changes in LIBOR swap rates with the designated benchmark interest rate being hedged on certain of our LIBOR indexed variable rate debt and a variable rate operating lease. The interest rate swaps effectively fix our interest payments on certain LIBOR indexed variable rate debt. We monitor our positions and the credit ratings of our counterparties and do not currently anticipate non-performance by the counterparties. Interest rate swap agreements are not entered into for trading purposes. The following is a summary of our interest rate swap agreements as of September 30, 2019:15The derivative fair values reflected in prepaid expense and accounts payable and accrued expenses in the balance sheet were as follows:<table cellpadding="0" cellspacing="0" style="width:486pt; border-collapse:collapse"><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:203.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Derivatives Fair Values as of</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:94.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">September 30, 2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:94.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">March 31, 2019</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:203.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:203.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest rate contracts designated as hedging instruments:</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:94.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:94.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Assets</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:94.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">24</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:94.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">139</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Liabilities</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:94.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,348</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:94.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Notional amount</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:94.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">249,063</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:94.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">22,792</td></tr></table> <table cellpadding="0" cellspacing="0" style="width:500.25pt; border-collapse:collapse"><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:251.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" rowspan="2" style="width:228pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">The Effect of Interest Rate Contracts on the Statements of Operations for the Quarters Ended</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:251.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:251.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:106.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">September 30, 2019</td><td style="width:3pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:106.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">September 30, 2018</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:251.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:228pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:251.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:228pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:251.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Gain) loss recognized in AOCI on interest rate contracts </td><td style="width:3pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:106.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,206</td><td style="width:3pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:106.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(286)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:251.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Loss reclassified from AOCI into income</td><td style="width:3pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:106.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">366</td><td style="width:3pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:106.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">191</td></tr></table> Gains or losses recognized in income on derivatives are recorded as interest expense in the statements of operations. During the first six months of fiscal 2020, we recognized a decrease in the fair value of our cash flow hedges of $1.9 million, net of taxes. During the first six months of fiscal 2020 we reclassified $0.4 million from AOCI to interest expense. As of September 30, 2019, we expect to reclassify $0.8 million of net gains on interest rate contracts from AOCI to earnings as interest expense over the next twelve months.

<table cellpadding="0" cellspacing="0" style="width:486pt; border-collapse:collapse"><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:203.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Derivatives Fair Values as of</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:94.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">September 30, 2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:94.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">March 31, 2019</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:203.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:203.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest rate contracts designated as hedging instruments:</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:94.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:94.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Assets</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:94.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">24</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:94.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">139</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Liabilities</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:94.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,348</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:94.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:262.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Notional amount</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:94.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">249,063</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:94.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">22,792</td></tr></table>

24000

139000

249063000

22792000

<table cellpadding="0" cellspacing="0" style="width:500.25pt; border-collapse:collapse"><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:251.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" rowspan="2" style="width:228pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">The Effect of Interest Rate Contracts on the Statements of Operations for the Quarters Ended</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:251.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:251.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:106.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">September 30, 2019</td><td style="width:3pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:106.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">September 30, 2018</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:251.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:228pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:251.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:228pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:251.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Gain) loss recognized in AOCI on interest rate contracts </td><td style="width:3pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:106.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,206</td><td style="width:3pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:106.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(286)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:251.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Loss reclassified from AOCI into income</td><td style="width:3pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:106.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">366</td><td style="width:3pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:106.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">191</td></tr></table>

1206000

-286000

800000

A summary of accumulated other comprehensive income (loss) components, net of tax, were as follows: <table cellpadding="0" cellspacing="0" style="width:513pt; border-collapse:collapse"><tr style="height:45pt; -aw-height-rule:exactly"><td style="width:147.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Foreign Currency Translation</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Unrealized Net Gain on Investments</td><td style="padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fair Market Value of Cash Flow Hedges</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Postretirement Benefit Obligation Net Loss</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:69pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Accumulated Other Comprehensive Income (Loss)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="9" style="width:343.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="9" style="width:343.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Balance at March 31, 2019</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:48pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(56,612)</td><td style="width:7.5pt; vertical-align:bottom">$ </td><td style="width:51pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(7,259)</td><td style="width:6pt; vertical-align:bottom">$ </td><td style="width:60pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">107</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:62.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,934)</td><td style="width:7.5pt; vertical-align:bottom">$ </td><td style="width:69pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(66,698)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Foreign currency translation </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,611</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:6pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:69pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,611</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Unrealized net gain on investments </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">82,093</td><td style="width:6pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:69pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">82,093</td></tr><tr style="height:21pt; -aw-height-rule:exactly"><td style="width:147.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Change in fair value of cash flow hedges</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:6pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,534)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:69pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,534)</td></tr><tr style="height:21pt; -aw-height-rule:exactly"><td style="width:147.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amounts reclassified into earnings on hedging activities</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(321)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:69pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(321)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other comprehensive income (loss)</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,611</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">82,093</td><td style="width:6pt; vertical-align:bottom"> </td><td style="width:60pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,855)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:62.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:69pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">83,849</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:147.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Balance at September 30, 2019</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:48pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(53,001)</td><td style="width:7.5pt; vertical-align:bottom">$ </td><td style="width:51pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">74,834</td><td style="width:6pt; vertical-align:bottom">$ </td><td style="width:60pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,748)</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:62.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,934)</td><td style="width:7.5pt; vertical-align:bottom">$ </td><td style="width:69pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,151</td></tr></table>

<table cellpadding="0" cellspacing="0" style="width:513pt; border-collapse:collapse"><tr style="height:45pt; -aw-height-rule:exactly"><td style="width:147.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Foreign Currency Translation</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Unrealized Net Gain on Investments</td><td style="padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fair Market Value of Cash Flow Hedges</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:62.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Postretirement Benefit Obligation Net Loss</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:69pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Accumulated Other Comprehensive Income (Loss)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="9" style="width:343.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="9" style="width:343.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Balance at March 31, 2019</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:48pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(56,612)</td><td style="width:7.5pt; vertical-align:bottom">$ </td><td style="width:51pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(7,259)</td><td style="width:6pt; vertical-align:bottom">$ </td><td style="width:60pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">107</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:62.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,934)</td><td style="width:7.5pt; vertical-align:bottom">$ </td><td style="width:69pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(66,698)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Foreign currency translation </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,611</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:6pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:69pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,611</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Unrealized net gain on investments </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">82,093</td><td style="width:6pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:69pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">82,093</td></tr><tr style="height:21pt; -aw-height-rule:exactly"><td style="width:147.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Change in fair value of cash flow hedges</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:6pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,534)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:69pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,534)</td></tr><tr style="height:21pt; -aw-height-rule:exactly"><td style="width:147.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amounts reclassified into earnings on hedging activities</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(321)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:62.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:69pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(321)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other comprehensive income (loss)</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,611</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">82,093</td><td style="width:6pt; vertical-align:bottom"> </td><td style="width:60pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,855)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:62.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:69pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">83,849</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:147.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Balance at September 30, 2019</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:48pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(53,001)</td><td style="width:7.5pt; vertical-align:bottom">$ </td><td style="width:51pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">74,834</td><td style="width:6pt; vertical-align:bottom">$ </td><td style="width:60pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,748)</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:62.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,934)</td><td style="width:7.5pt; vertical-align:bottom">$ </td><td style="width:69pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,151</td></tr></table>

-56612000

-7259000

107000

-2934000

-66698000

3611000

82093000

-1534000

-321000

3611000

82093000

-1855000

83849000

-53001000

74834000

-1748000

-2934000

17151000

The dividends declared or paid during the first six months of fiscal 2020 were as follows:<table cellpadding="0" cellspacing="0" style="width:492.75pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td colspan="7" style="width:486.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Common Stock Dividends</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:92.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Declared Date</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:88.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Per Share Amount</td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:95.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Record Date</td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:98.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Dividend Date</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:92.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:88.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:95.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:98.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:92.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">March 6, 2019</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:88.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0.50</td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:95.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">March 21, 2019</td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:98.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">April 4, 2019</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:92.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">August 22, 2019</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:88.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0.50</td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:95.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">September 9, 2019</td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:98.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">September 23, 2019</td></tr></table> On June 8, 2016, our stockholders’ approved the 2016 AMERCO Stock Option Plan (Shelf Stock Option Plan). As of September 30, 2019, no awards had been issued under this plan.

<table cellpadding="0" cellspacing="0" style="width:492.75pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td colspan="7" style="width:486.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Common Stock Dividends</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:92.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Declared Date</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:88.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Per Share Amount</td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:95.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Record Date</td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:98.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Dividend Date</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:92.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:88.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:95.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:98.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:92.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">March 6, 2019</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:88.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0.50</td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:95.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">March 21, 2019</td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:98.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">April 4, 2019</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:92.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">August 22, 2019</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:88.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0.50</td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:95.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">September 9, 2019</td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:98.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">September 23, 2019</td></tr></table>

2019-03-06

0.50

2019-03-21

2019-04-04

2019-08-22

0.50

2019-09-09

2019-09-23

LessorWe have determined that revenues derived by providing self-moving equipment rentals, self-storage rentals and certain other revenues, including U-Box rentals, are within the scope of the accounting guidance contained in Topic 842. Our self-moving equipment rental related revenues have been accounted for under the revenue accounting standard Topic 606, until the adoption of Topic 842. For the periods after April 1, 2019, we combined all lease and non-lease components of lease contracts for which the timing and pattern of transfer are the same and the lease component meets the classification of an operating lease, and account for them in accordance with Topic 842. The revenue streams accounted for in accordance with Topic 842 are recognized evenly over the period of rental. Please see Note 15, Revenue Recognition, of the Notes to Condensed Consolidated Financial Statements.LesseeWe determine if an arrangement is a lease at inception. Operating leases, which are comprised primarily of storage rental locations, are included in Right-of-Use (“ROU“) assets - operating and operating lease liability in our balance sheet dated September 30, 2019. Finance leases, which are comprised primarily of rental equipment leases, are included in ROU assets - financing, net, and notes, loans and finance/capital leases payable, net in our balance sheet dated September 30, 2019.ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the expected remaining lease term. As most of our leases do not provide an implicit rate, we use our incremental borrowing rate based on information available at commencement date in determining the present value of lease payments. Our lease terms may include options to extend or terminate the lease, which are included in the calculation of ROU assets when it is reasonably certain that we will exercise those options. Lease expense for lease payments is recognized on a straight-line basis over the lease term. We have lease agreements with lease and non-lease components, which are generally not accounted for separately. Additionally, for certain leases, we apply a portfolio approach to account for the operating lease ROU assets and liabilities as the leases are similar in nature and have nearly identical contract provisions. Adoption of this standard resulted in most of our operating lease commitments being recognized as operating lease liabilities and ROU assets, which increased total assets and total liabilities by approximately $105.4 million related to property operating leases. In addition, we reclassified a net amount $948.2 million related to vehicle financing leases from property, plant, and equipment, net to ROU assets financing, net.The standard also changed the manner by which we account for our equipment sale/leaseback transactions. Based on our assessment, the lease transactions are classified as financing leases, and therefore the transactions do not qualify as a sale. Pursuant to the guidance, new sale leaseback transactions that fail to qualify as a sale will be accounted for as a financial liability. Please see Note 4, Borrowings, of the Notes to Condendsed Consolidated Finanical Statements for additional information.17The following table shows the components of our right-of-use assets:<table cellpadding="0" cellspacing="0" style="width:492.75pt; border-collapse:collapse"><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="5" style="width:231.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">As of September 30, 2019</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Finance</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Operating</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="5" style="width:231.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="5" style="width:231.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Buildings and improvements</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">114,696</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">114,696</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Furniture and equipment</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">27,414</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">27,414</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Rental trailers and other rental equipment</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">125,747</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">125,747</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Rental trucks</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,759,118</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,759,118</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Right-of-use assets, gross</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,912,279</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">114,696</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,026,975</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Less: Accumulated depreciation</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(726,650)</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(9,398)</td><td style="width:6pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(736,048)</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Right-of-use assets, net</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:65.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,185,629</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:65.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">105,298</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:65.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,290,927</td></tr></table> <table cellpadding="0" cellspacing="0" style="width:421.5pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Finance</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Operating</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:148.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Weighted average remaining lease term (years)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:middle">5 Years</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:middle">15 Years</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Weighted average discount rate</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.41</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4.60</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td></tr></table> For the first six months ended September 30, 2019, cash paid for leases included in our operating and financing cash flow activities were $13.0 million and $180.9 million, respectively.The components of lease costs were as follows:<table cellpadding="0" cellspacing="0" style="width:466.5pt; border-collapse:collapse"><tr style="height:25.5pt; -aw-height-rule:exactly"><td style="width:347.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:96.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Six Months Ended</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:347.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:96.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">September 30, 2019</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:347.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:96.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:347.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:96.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:347.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:96.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:347.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Operating lease costs</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:96.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">13,664</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:347.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:102.75pt; vertical-align:bottom"> </td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:347.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Finance lease cost:</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:102.75pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:347.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of right-of-use assets</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:96.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">98,200</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:347.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest on lease liabilities</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:96.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">16,740</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:347.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total finance lease cost</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:96.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">114,940</td></tr></table> 18Maturities of lease liabilities were as follows:<table cellpadding="0" cellspacing="0" style="width:465.75pt; border-collapse:collapse"><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Finance leases</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Operating leases</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:192.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Year ending September 30,</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:192.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2020</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">246,596</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">21,776</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2021</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">184,010</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">19,336</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2022</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">143,983</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">18,298</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2023</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">122,112</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,607</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2024</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">83,369</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">13,545</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Thereafter</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">81,681</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">70,411</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total lease payments</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">861,751</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">160,973</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Less: imputed interest</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(56,141)</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Present value of lease liabilities</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:87pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">861,751</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:87pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">104,832</td></tr></table>

105400000

948200000

<table cellpadding="0" cellspacing="0" style="width:492.75pt; border-collapse:collapse"><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="5" style="width:231.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">As of September 30, 2019</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Finance</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Operating</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="5" style="width:231.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="5" style="width:231.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Buildings and improvements</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">114,696</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">114,696</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Furniture and equipment</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">27,414</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">27,414</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Rental trailers and other rental equipment</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">125,747</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">125,747</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Rental trucks</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,759,118</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,759,118</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Right-of-use assets, gross</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,912,279</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">114,696</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,026,975</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Less: Accumulated depreciation</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(726,650)</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(9,398)</td><td style="width:6pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(736,048)</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Right-of-use assets, net</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:65.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,185,629</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:65.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">105,298</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:65.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,290,927</td></tr></table> 0 114696000 114696000 27414000 0 27414000 125747000 0 125747000 1759118000 0 1759118000 1912279000 114696000 2026975000

726650000

9398000

736048000

1185629000 105298000 1290927000 <table cellpadding="0" cellspacing="0" style="width:421.5pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Finance</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Operating</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:148.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Weighted average remaining lease term (years)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:middle">5 Years</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:middle">15 Years</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:240.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Weighted average discount rate</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3.41</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4.60</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">%</td></tr></table> 5 Years 15 Years

0.0341

0.0460

13000000.0

180900000

<table cellpadding="0" cellspacing="0" style="width:466.5pt; border-collapse:collapse"><tr style="height:25.5pt; -aw-height-rule:exactly"><td style="width:347.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:96.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Six Months Ended</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:347.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:96.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">September 30, 2019</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:347.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:96.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:347.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:96.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:347.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:96.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:347.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Operating lease costs</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:96.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">13,664</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:347.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:102.75pt; vertical-align:bottom"> </td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:347.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Finance lease cost:</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:102.75pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:347.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of right-of-use assets</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:96.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">98,200</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:347.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest on lease liabilities</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:96.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">16,740</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:347.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total finance lease cost</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:96.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">114,940</td></tr></table>

13664000

98200000

16740000

114940000 <table cellpadding="0" cellspacing="0" style="width:465.75pt; border-collapse:collapse"><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Finance leases</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Operating leases</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:192.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Year ending September 30,</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:192.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2020</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">246,596</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">21,776</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2021</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">184,010</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">19,336</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2022</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">143,983</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">18,298</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2023</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">122,112</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,607</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2024</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">83,369</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">13,545</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Thereafter</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">81,681</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">70,411</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total lease payments</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">861,751</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">160,973</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Less: imputed interest</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:87pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(56,141)</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:248.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Present value of lease liabilities</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:87pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">861,751</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:87pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">104,832</td></tr></table>

246596000

21776000

184010000

19336000

143983000

18298000

122112000

17607000

83369000

13545000

81681000

70411000

861751000

160973000

-0

56141000

861751000

104832000

EnvironmentalCompliance with environmental requirements of federal, state and local governments may significantly affect Real Estate’s business operations. Among other things, these requirements regulate the discharge of materials into the air, land and water and govern the use and disposal of hazardous substances. Real Estate is aware of issues regarding hazardous substances on some of its properties. Real Estate regularly makes capital and operating expenditures to stay in compliance with environmental laws and has put in place a remedial plan at each site where it believes such a plan is necessary. Since 1988, Real Estate has managed a testing and removal program for underground storage tanks.Based upon the information currently available to Real Estate, compliance with the environmental laws and its share of the costs of investigation and cleanup of known hazardous waste sites are not expected to result in a material adverse effect on AMERCO’s financial position or results of operations.OtherWe are named as a defendant in various other litigation and claims arising out of the normal course of business. In management’s opinion, none of these other matters will have a material effect on our financial position and results of operations.

As set forth in the Company’s Audit Committee Charter and consistent with NASDAQ Listing Rules, our Audit Committee (the “Audit Committee”) reviews and maintains oversight over related party transactions, which are required to be disclosed under the Securities and Exchange Commission (“SEC”) rules and regulations and in accordance with generally accepted accounting principles (“GAAP”). Accordingly, all such related party transactions are submitted to the Audit Committee for ongoing review and oversight. Our internal processes are designed to ensure that our legal and finance departments identify and monitor potential related party transactions that may require disclosure and Audit Committee oversight.AMERCO has engaged in related party transactions and has continuing related party interests with certain major stockholders, directors and officers of the consolidated group as disclosed below. Management believes that the transactions described below and in the related notes were completed on terms substantially equivalent to those that would prevail in arm’s-length transactions.19SAC Holding Corporation and SAC Holding II Corporation (collectively “SAC Holdings”) were established in order to acquire and develop self-storage properties. These properties are being managed by us pursuant to management agreements. In the past, we sold real estate and various self-storage properties to SAC Holdings, and such sales provided significant cash flows to us. SAC Holdings, Four SAC Self-Storage Corporation (“4 SAC”), Five SAC Self-Storage Corporation, Galaxy Investments, L.P. and 2015 SAC self-storage are substantially controlled by Blackwater Investments, Inc. (“Blackwater”). Blackwater is wholly owned by Willow Grove Holdings LP (“WGHLP”), which is owned by Mark V. Shoen (a significant stockholder), and various trusts associated with Edward J. Shoen (our Chairman of the Board, President and a significant stockholder) and Mark V. Shoen.Related Party Revenue<table cellpadding="0" cellspacing="0" style="width:474.75pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:168.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Quarter Ended September 30,</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:76.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2018</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:168.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:168.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U-Haul management fee revenue from Blackwater</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,318</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:76.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,278</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U-Haul management fee revenue from Mercury</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">915</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:76.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">914</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,233</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:76.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,192</td></tr></table> <table cellpadding="0" cellspacing="0" style="width:474.75pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:168.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Six Months Ended September 30,</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:76.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2018</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:168.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:168.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U-Haul management fee revenue from Blackwater</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,567</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:76.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,478</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U-Haul management fee revenue from Mercury</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,822</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:76.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,130</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">14,389</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:76.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">14,608</td></tr></table>We currently manage the self-storage properties owned or leased by Blackwater and Mercury Partners, L.P. (“Mercury”), pursuant to a standard form of management agreement, under which we receive a management fee of between 4% and 10% of the gross receipts plus reimbursement for certain expenses. We received management fees, exclusive of reimbursed expenses, of $16.3 million and $17.4 million from the above-mentioned entities during the first six months of fiscal 2020 and 2019, respectively. This management fee is consistent with the fee received for other properties we previously managed for third parties. Mark V. Shoen controls the general partner of Mercury. The limited partner interests of Mercury are owned indirectly by James P. Shoen and various trusts benefitting Edward J. Shoen and James P. Shoen or their descendants. Mercury holds the option to purchase a portfolio of properties currently leased by Mercury and a U-Haul subsidiary, which option is exercisable in 2024.Related Party Costs and Expenses<table cellpadding="0" cellspacing="0" style="width:474.75pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:168.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Quarter Ended September 30,</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:76.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2018</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:168.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:168.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U-Haul lease expenses to Blackwater</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">658</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:76.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">670</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U-Haul commission expenses to Blackwater</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">18,617</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:76.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">18,348</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">19,275</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:76.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">19,018</td></tr></table> <table cellpadding="0" cellspacing="0" style="width:474.75pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:168.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Six Months Ended September 30,</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:76.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2018</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:168.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:168.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U-Haul lease expenses to Blackwater</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,316</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:76.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,340</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U-Haul commission expenses to Blackwater</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">35,819</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:76.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">34,833</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">37,135</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:76.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">36,173</td></tr></table>We lease space for marketing company offices, vehicle repair shops and hitch installation centers from subsidiaries of Blackwater. The terms of the leases are similar to the terms of leases for other properties owned by unrelated parties that are leased to us. As of September 30, 2019, subsidiaries of Blackwater acted as independent dealers. The financial and other terms of the dealership contracts are substantially identical to the terms of those with our other independent dealers whereby commissions are paid by us based upon equipment rental revenues. These agreements with subsidiaries of Blackwater, excluding Dealer Agreements, provided revenues of $12.6 million, expenses of $1.3 million and cash flows of $11.3 million during the first six months of fiscal 2020. Revenues and commission expenses related to the Dealer Agreements were $169.6 million and $35.8 million, respectively, during the first six months of fiscal 2020.Management determined that we do not have a variable interest pursuant to the variable interest entity (“VIE”) model under Accounting Standards Codification (“ASC”) 810 – Consolidation (“ASC 810”) in the holding entities of Blackwater based upon management agreements which are with the individual operating entities; therefore, we are precluded from consolidating these entities.Related Party Assets<table cellpadding="0" cellspacing="0" style="width:450.75pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:267.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">September 30,</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">March 31,</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:267.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:267.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:267.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:162.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:267.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U-Haul receivable from Blackwater</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">27,828</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">25,158</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:267.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U-Haul receivable from Mercury</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,673</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,234</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:267.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other (a)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(20,599)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,503)</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:267.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,902</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">30,889</td></tr></table>(a) Timing differences for intercompany balances with insurance subsidiaries resulting from the three-month difference in reporting periods. Our credit balance as of September 30, 2019, was due to a timing difference for a dividend paid by Repwest to AMERCO of $21.6 million.

<table cellpadding="0" cellspacing="0" style="width:474.75pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:168.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Quarter Ended September 30,</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:76.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2018</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:168.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:168.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U-Haul management fee revenue from Blackwater</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,318</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:76.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,278</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U-Haul management fee revenue from Mercury</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">915</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:76.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">914</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,233</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:76.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,192</td></tr></table>

6318000

6278000

915000

914000

7192000

<table cellpadding="0" cellspacing="0" style="width:474.75pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:168.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Six Months Ended September 30,</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:76.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2018</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:168.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:168.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U-Haul management fee revenue from Blackwater</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,567</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:76.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,478</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U-Haul management fee revenue from Mercury</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,822</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:76.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,130</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">14,389</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:76.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">14,608</td></tr></table>

12567000

12478000

1822000

2130000

0.04

0.10

16300000

17400000

<table cellpadding="0" cellspacing="0" style="width:474.75pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:168.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Quarter Ended September 30,</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:76.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2018</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:168.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:168.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U-Haul lease expenses to Blackwater</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">658</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:76.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">670</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U-Haul commission expenses to Blackwater</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">18,617</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:76.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">18,348</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">19,275</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:76.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">19,018</td></tr></table>

658000

670000

18617000

18348000

<table cellpadding="0" cellspacing="0" style="width:474.75pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:168.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Six Months Ended September 30,</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:76.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2018</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:168.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:168.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U-Haul lease expenses to Blackwater</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,316</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:76.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,340</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U-Haul commission expenses to Blackwater</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">35,819</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:76.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">34,833</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">37,135</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:76.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">36,173</td></tr></table>

1316000

1340000

35819000

34833000

12600000

1300000

11300000 169600000

35800000

<table cellpadding="0" cellspacing="0" style="width:450.75pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:267.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">September 30,</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">March 31,</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:267.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:267.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:267.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:162.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:267.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U-Haul receivable from Blackwater</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">27,828</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">25,158</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:267.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">U-Haul receivable from Mercury</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,673</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,234</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:267.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other (a)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(20,599)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,503)</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:267.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,902</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">30,889</td></tr></table>(a) Timing differences for intercompany balances with insurance subsidiaries resulting from the three-month difference in reporting periods. Our credit balance as of September 30, 2019, was due to a timing difference for a dividend paid by Repwest to AMERCO of $21.6 million.

27828000

25158000

5673000

7234000

-20599000

-1503000

12902000

30889000

11. Financial Information by Consolidating Industry Segment:Consolidating balance sheets by industry segment as of September 30, 2019 are as follows:<table cellpadding="0" cellspacing="0" style="width:619.5pt; border-collapse:collapse"><tr style="height:40.5pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Moving & StorageConsolidated </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property & Casualty Insurance (a) </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life Insurance (a)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Eliminations</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AMERCOConsolidated</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:366.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:366.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Assets:</td><td colspan="11" style="width:381pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cash and cash equivalents</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">498,984</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,576</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">14,671</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">525,231</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Reinsurance recoverables and trade receivables, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">91,985</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">96,690</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">33,806</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">222,481</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Inventories and parts, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">102,357</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">102,357</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Prepaid expenses</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">194,250</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">194,250</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Investments, fixed maturities and marketable equities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">294,681</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,118,669</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,413,350</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Investments, other</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">20,988</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">82,395</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">217,609</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">320,992</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Deferred policy acquisition costs, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">111,708</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">111,708</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other assets</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">68,416</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">880</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,136</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">72,432</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Right of use assets - financing, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,185,629</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,185,629</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Right of use assets - operating</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">105,298</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">105,298</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Related party assets</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">38,671</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,998</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">18,554</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(53,321)</td><td style="width:14.25pt; vertical-align:bottom">(c)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,902</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,306,578</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">495,220</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,518,153</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(53,321)</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,266,630</td></tr><tr style="height:6.75pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Investment in subsidiaries</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">619,513</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(619,513)</td><td style="width:14.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:5.25pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property, plant and equipment, at cost:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Land</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,016,918</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,016,918</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Buildings and improvements</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,371,637</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,371,637</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Furniture and equipment</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">716,287</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">716,287</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Rental trailers and other rental equipment</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">495,264</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">495,264</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Rental trucks</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,560,034</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,560,034</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,160,140</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,160,140</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Less: Accumulated depreciation</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,570,568)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,570,568)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total property, plant and equipment, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,589,572</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,589,572</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total assets</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:65.25pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,515,663</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:65.25pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">495,220</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,518,153</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:51.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(672,834)</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:54.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,856,202</td></tr><tr style="height:5.25pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:71.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:71.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Balances as of June 30, 2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(b) Eliminate investment in subsidiaries </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(c) Eliminate intercompany receivables and payables</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr></table> 22 Consolidating balance sheets by industry segment as of September 30, 2019 are as follows:<table cellpadding="0" cellspacing="0" style="width:645pt; border-collapse:collapse"><tr style="height:36pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Moving & StorageConsolidated </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property & Casualty Insurance (a) </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life Insurance (a)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Eliminations</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AMERCOConsolidated</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:354pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:354pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Liabilities:</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:63.75pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:63.75pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Accounts payable and accrued expenses</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">538,687</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,865</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,708</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">546,260</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Notes, loans and finance/capital leases payable, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,497,912</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,497,912</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Operating lease liability</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">104,832</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">104,832</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Policy benefits and losses, claims and loss expenses payable</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">425,448</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">223,744</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">372,942</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,022,134</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Liabilities from investment contracts</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,720,995</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,720,995</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other policyholders' funds and liabilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,641</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,270</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,911</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Deferred income</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">35,926</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">35,926</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Deferred income taxes, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">828,584</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,068</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">21,512</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">859,164</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Related party liabilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">25,851</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,216</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,299</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-31,366</td><td style="width:14.25pt; vertical-align:bottom">(c)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total liabilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,457,240</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">245,534</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,126,726</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-31,366</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,798,134</td></tr><tr style="height:6.75pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Stockholders' equity:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Series preferred stock:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Series A preferred stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Series B preferred stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Series A common stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Common stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,497</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,301</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,500</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-5,801</td><td style="width:14.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,497</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Additional paid-in capital</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">453,971</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">91,120</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">26,271</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-117,601</td><td style="width:14.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">453,761</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Accumulated other comprehensive income (loss)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,506</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,615</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">65,575</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-75,545</td><td style="width:14.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,151</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Retained earnings</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,255,696</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">145,650</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">297,081</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-442,521</td><td style="width:14.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,255,906</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cost of common stock in treasury, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-525,653</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-525,653</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cost of preferred stock in treasury, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-151,997</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-151,997</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Unearned employee stock ownership plan stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-1,597</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-1,597</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total stockholders' equity</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,058,423</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">249,686</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">391,427</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-641,468</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,058,068</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total liabilities and stockholders' equity</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:57.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,515,663</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:57.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">495,220</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:56.25pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,518,153</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:54.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-672,834</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:56.25pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,856,202</td></tr><tr style="height:6pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Balances as of June 30, 2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(b) Eliminate investment in subsidiaries </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(c) Eliminate intercompany receivables and payables</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr></table> 23 Consolidating balance sheets by industry segment as of March 31, 2019 are as follows:<table cellpadding="0" cellspacing="0" style="width:618.75pt; border-collapse:collapse"><tr style="height:40.5pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:63pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Moving & StorageConsolidated </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property & Casualty Insurance (a) </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life Insurance (a)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Eliminations</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AMERCOConsolidated</td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:366pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Assets:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td colspan="10" style="width:366pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cash and cash equivalents</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">643,918</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,757</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">24,026</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">673,701</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Reinsurance recoverables and trade receivables, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">90,832</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">102,120</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">31,833</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">224,785</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Inventories and parts, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">103,504</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">103,504</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Prepaid expenses</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">174,100</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">174,100</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Investments, fixed maturities and marketable equities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">279,641</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,955,756</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,235,397</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Investments, other</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">23,013</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">74,679</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">203,044</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">300,736</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Deferred policy acquisition costs, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">136,276</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">136,276</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other assets</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">72,768</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,456</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,130</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">78,354</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Related party assets</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">35,997</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,639</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">16,466</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(28,213)</td><td style="width:14.25pt; vertical-align:bottom">(c)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">30,889</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,144,132</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">471,292</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,370,531</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(28,213)</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,957,742</td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Investment in subsidiaries</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">534,157</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(534,157)</td><td style="width:14.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:7.5pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property, plant and equipment, at cost:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Land</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">976,454</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">976,454</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Buildings and improvements</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,003,726</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,003,726</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Furniture and equipment</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">689,780</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">689,780</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Rental trailers and other rental equipment</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">590,039</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">590,039</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Rental trucks</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,762,028</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,762,028</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,022,027</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,022,027</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Less: Accumulated depreciation</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(3,088,056)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(3,088,056)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total property, plant and equipment, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,933,971</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,933,971</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total assets</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:63pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,612,260</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:57.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">471,292</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:57.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,370,531</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:57pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(562,370)</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:59.25pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,891,713</td></tr><tr style="height:3.75pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:69pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Balances as of December 31, 2018</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(b) Eliminate investment in subsidiaries </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(c) Eliminate intercompany receivables and payables</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr></table> 24 Consolidating balance sheets by industry segment as of March 31, 2019 are as follows:<table cellpadding="0" cellspacing="0" style="width:665.25pt; border-collapse:collapse"><tr style="height:36pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Moving & StorageConsolidated </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property & Casualty Insurance (a) </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life Insurance (a)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Eliminations</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:66.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AMERCOConsolidated</td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:374.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Liabilities:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Accounts payable and accrued expenses</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">548,099</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,844</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,930</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">556,873</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Notes, loans and leases payable, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,163,323</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,163,323</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Policy benefits and losses, claims and loss expenses payable</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">407,934</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">229,958</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">373,291</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,011,183</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Liabilities from investment contracts</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,666,742</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,666,742</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other policyholders' funds and liabilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,259</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,788</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">15,047</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Deferred income</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">35,186</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">35,186</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Deferred income taxes, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">741,644</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,961</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,365</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">750,970</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Related party liabilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">25,446</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,836</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">692</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(29,974)</td><td style="width:12.75pt; vertical-align:bottom">(c)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total liabilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,921,632</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">248,858</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,058,808</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(29,974)</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,199,324</td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Stockholders' equity:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Series preferred stock:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Series A preferred stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">–</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Series B preferred stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">–</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Series A common stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">–</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Common stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,497</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,301</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,500</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(5,801)</td><td style="width:12.75pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,497</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Additional paid-in capital</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">453,536</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">91,120</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">26,271</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(117,601)</td><td style="width:12.75pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">453,326</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Accumulated other comprehensive income (loss)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(68,459)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(3,721)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(5,300)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,782</td><td style="width:12.75pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(66,698)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Retained earnings</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,976,752</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">131,734</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">288,252</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(419,776)</td><td style="width:12.75pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,976,962</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cost of common stock in treasury, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(525,653)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(525,653)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cost of preferred stock in treasury, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(151,997)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(151,997)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Unearned employee stock ownership plan stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(4,048)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(4,048)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total stockholders' equity</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,690,628</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">222,434</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">311,723</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(532,396)</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,692,389</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total liabilities and stockholders' equity</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,612,260</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">471,292</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:60pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,370,531</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:60.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(562,370)</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:66.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,891,713</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Balances as of December 31, 2018</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(b) Eliminate investment in subsidiaries </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(c) Eliminate intercompany receivables and payables</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr></table> 25 Consolidating statement of operations by industry segment for the quarter ended September 30, 2019 are as follows:<table cellpadding="0" cellspacing="0" style="width:675.75pt; border-collapse:collapse"><tr style="height:23.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Moving & StorageConsolidated </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property & Casualty Insurance (a) </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life Insurance (a)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Eliminations</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AMERCOConsolidated</td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:376.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:376.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues:</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-moving equipment rentals</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">805,659</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,334)</td><td style="width:26.25pt; vertical-align:bottom">(c)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">804,325</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-storage revenues</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">104,965</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">104,965</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-moving and self-storage products and service sales</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">73,121</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">73,121</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property management fees</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,233</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,233</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life insurance premiums</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">32,355</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">32,355</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property and casualty insurance premiums</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">19,216</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(851)</td><td style="width:26.25pt; vertical-align:bottom">(c)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">18,365</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net investment and interest income</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,031</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,312</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">26,165</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(410)</td><td style="width:26.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">33,098</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other revenue</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">75,543</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,339</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(130)</td><td style="width:26.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">76,752</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total revenues</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,069,552</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">23,528</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">59,859</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,725)</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,150,214</td></tr><tr style="height:3pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Costs and expenses:</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Operating expenses</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">552,708</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,395</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,619</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,309)</td><td style="width:26.25pt; vertical-align:bottom">(b,c)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">565,413</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Commission expenses</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">86,099</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">86,099</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cost of sales</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">43,930</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">43,930</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Benefits and losses</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,041</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">40,784</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">45,825</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of deferred policy acquisition costs</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,515</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,515</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Lease expense</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,492</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(136)</td><td style="width:26.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,356</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Depreciation, net of (gains) losses on disposal</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">151,553</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">151,553</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net gains on disposal of real estate</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(217)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(217)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total costs and expenses</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">840,565</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">14,436</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">52,918</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,445)</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">905,474</td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings from operations before equity in earnings of subsidiaries</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">228,987</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,092</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,941</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(280)</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">244,740</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Equity in earnings of subsidiaries</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,914</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(12,914)</td><td style="width:26.25pt; vertical-align:bottom">(d)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings from operations</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">241,901</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,092</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,941</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(13,194)</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">244,740</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other components of net periodic benefit costs</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(264)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(264)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest expense</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(39,402)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">280</td><td style="width:26.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(39,122)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Pretax earnings</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">202,235</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,092</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,941</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(12,914)</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">205,354</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Income tax expense</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(45,909)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,864)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,255)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(49,028)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings available to common stockholders</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:67.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">156,326</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,228</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:51.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,686</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:44.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(12,914)</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:55.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">156,326</td></tr><tr style="height:6pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Balances for the quarter ended June 30, 2019</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(b) Eliminate intercompany lease / interest income</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(c) Eliminate intercompany premiums</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(d) Eliminate equity in earnings of subsidiaries </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr></table> Consolidating statements of operations by industry for the quarter ended September 30, 2018 are as follows:<table cellpadding="0" cellspacing="0" style="width:676.5pt; border-collapse:collapse"><tr style="height:22.5pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Moving & StorageConsolidated </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property & Casualty Insurance (a) </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life Insurance (a)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Eliminations</td><td style="width:23.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AMERCOConsolidated</td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:384pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:384pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues:</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:23.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-moving equipment rentals</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">783,035</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,322)</td><td style="width:29.25pt; vertical-align:bottom">(c)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">781,713</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-storage revenues</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">91,493</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">91,493</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-moving and self-storage products and service sales</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">72,913</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">72,913</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property management fees</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,192</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,192</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life insurance premiums</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">35,920</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">35,920</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property and casualty insurance premiums</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">16,972</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(689)</td><td style="width:29.25pt; vertical-align:bottom">(c)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">16,283</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net investment and interest income</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,830</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,550</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">22,270</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(423)</td><td style="width:29.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">28,227</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other revenue</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">69,471</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,422</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(127)</td><td style="width:29.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">70,766</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total revenues</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,026,934</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">20,522</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">59,612</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,561)</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,104,507</td></tr><tr style="height:3pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Costs and expenses:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Operating expenses</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">518,383</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,915</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,186</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,134)</td><td style="width:29.25pt; vertical-align:bottom">(b,c)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">529,350</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Commission expenses</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">85,334</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">85,334</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cost of sales</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">46,402</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">46,402</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Benefits and losses</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,748</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">41,025</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">45,773</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of deferred policy acquisition costs</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,899</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,899</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Lease expense</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,306</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(136)</td><td style="width:29.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,170</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Depreciation, net of (gains) losses on disposal</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">132,625</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">132,625</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net losses on disposal of real estate</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total costs and expenses</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">791,060</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,663</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">52,110</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,270)</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">853,563</td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:22.5pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings from operations before equity in earnings of subsidiaries</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">235,874</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,859</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,502</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(291)</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">250,944</td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Equity in earnings of subsidiaries</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,986</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(11,986)</td><td style="width:29.25pt; vertical-align:bottom">(d)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings from operations</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">247,860</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,859</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,502</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(12,277)</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">250,944</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other components of net periodic benefit costs</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(254)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(254)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest expense</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(35,321)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">291</td><td style="width:29.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(35,030)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Pretax earnings</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">212,285</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,859</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,502</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(11,986)</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">215,660</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Income tax expense</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(48,743)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,628)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,747)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(52,118)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings available to common stockholders</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:67.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">163,542</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,231</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:50.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,755</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:47.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(11,986)</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">163,542</td></tr><tr style="height:6.75pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:73.5pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:80.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:53.25pt; vertical-align:bottom"> </td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Balances for the quarter ended June 30, 2018</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:23.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(b) Eliminate intercompany lease / interest income</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:23.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(c) Eliminate intercompany premiums</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:23.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(d) Eliminate equity in earnings of subsidiaries</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:23.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr></table> Consolidating statements of operations by industry for the six months ended September 30, 2019 are as follows:<table cellpadding="0" cellspacing="0" style="width:673.5pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:21.75pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Moving & StorageConsolidated </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property & Casualty Insurance (a) </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life Insurance (a)</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Eliminations</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AMERCOConsolidated</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:374.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:374.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues:</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-moving equipment rentals</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,554,795</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,874)</td><td style="width:26.25pt; vertical-align:bottom">(c)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,552,921</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-storage revenues</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">203,239</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">203,239</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-moving and self-storage products and service sales</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">153,147</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">153,147</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property management fees</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">14,389</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">14,389</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life insurance premiums</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">65,065</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">65,065</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property and casualty insurance premiums</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">33,330</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,541)</td><td style="width:26.25pt; vertical-align:bottom">(c)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">31,789</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net investment and interest income</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,298</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,503</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">52,866</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(820)</td><td style="width:26.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">68,847</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other revenue</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">138,082</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,249</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(265)</td><td style="width:26.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">140,066</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total revenues</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,069,950</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">43,833</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">120,180</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(4,500)</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,229,463</td></tr><tr style="height:3pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Costs and expenses:</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Operating expenses</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,075,232</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,476</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,847</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(3,670)</td><td style="width:26.25pt; vertical-align:bottom">(b,c)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,099,885</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Commission expenses</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">166,998</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">166,998</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cost of sales</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">92,859</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">92,859</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Benefits and losses</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,799</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">86,032</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">94,831</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of deferred policy acquisition costs</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,579</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,579</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Lease expense</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">13,664</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(272)</td><td style="width:26.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">13,392</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Depreciation, net of (gains) losses on disposal</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">292,153</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">292,153</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net gains on disposal of real estate</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,839)</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,839)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total costs and expenses</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,639,067</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">26,275</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">109,458</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(3,942)</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,770,858</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings from operations before equity in earnings of subsidiaries</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">430,883</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,558</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,722</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(558)</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">458,605</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Equity in earnings of subsidiaries</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">22,745</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(22,745)</td><td style="width:26.25pt; vertical-align:bottom">(d)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings from operations</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">453,628</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,558</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,722</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(23,303)</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">458,605</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other components of net periodic benefit costs</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(527)</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(527)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest expense</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(78,568)</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">558</td><td style="width:26.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(78,010)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Pretax earnings</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">374,533</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,558</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,722</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(22,745)</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">380,068</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Income tax expense</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(85,785)</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(3,642)</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,893)</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(91,320)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings available to common stockholders</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:67.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">288,748</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">13,916</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:51.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,829</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:44.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(22,745)</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:55.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">288,748</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Balances for the six months ended June 30, 2019</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(b) Eliminate intercompany lease / interest income</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(c) Eliminate intercompany premiums</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(d) Eliminate equity in earnings of subsidiaries </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr></table> Consolidating statements of operations by industry for the six months ended September 30, 2018 are as follows:<table cellpadding="0" cellspacing="0" style="width:660pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:22.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Moving & StorageConsolidated </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property & Casualty Insurance (a) </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life Insurance (a)</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Eliminations</td><td style="width:22.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AMERCOConsolidated</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:387.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:387.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues:</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:22.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-moving equipment rentals</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,500,577</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,262)</td><td style="width:28.5pt; vertical-align:bottom">(c)</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,498,315</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-storage revenues</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">177,705</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">177,705</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-moving and self-storage products and service sales</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">152,154</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">152,154</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property management fees</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">14,608</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">14,608</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life insurance premiums</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">72,808</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">72,808</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property and casualty insurance premiums</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">30,320</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,256)</td><td style="width:28.5pt; vertical-align:bottom">(c)</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">29,064</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net investment and interest income</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,393</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,091</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">42,187</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(839)</td><td style="width:28.5pt; vertical-align:bottom">(b)</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">52,832</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other revenue</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">124,382</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,480</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(264)</td><td style="width:28.5pt; vertical-align:bottom">(b)</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">126,598</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total revenues</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,974,819</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">36,411</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">117,475</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(4,621)</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,124,084</td></tr><tr style="height:2.25pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Costs and expenses:</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Operating expenses</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,002,003</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">16,615</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,059</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(3,773)</td><td style="width:28.5pt; vertical-align:bottom">(b,c)</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,025,904</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Commission expenses</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">164,591</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">164,591</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cost of sales</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">96,283</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">96,283</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Benefits and losses</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,224</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">85,103</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">94,327</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of deferred policy acquisition costs</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,930</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,930</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Lease expense</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">16,611</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(272)</td><td style="width:28.5pt; vertical-align:bottom">(b)</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">16,339</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Depreciation, net of (gains) losses on disposal</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">259,052</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">259,052</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net losses on disposal of real estate</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total costs and expenses</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,538,550</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">25,839</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">108,092</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(4,045)</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,668,436</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings from operations before equity in earnings of subsidiaries</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">436,269</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,572</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,383</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(576)</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">455,648</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Equity in earnings of subsidiaries</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">15,642</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(15,642)</td><td style="width:28.5pt; vertical-align:bottom">(d)</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings from operations</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">451,911</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,572</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,383</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(16,218)</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">455,648</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other components of net periodic benefit costs</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(507)</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(507)</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest expense</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(70,860)</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">576</td><td style="width:28.5pt; vertical-align:bottom">(b)</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(70,284)</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Pretax earnings</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">380,544</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,572</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,383</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(15,642)</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">384,857</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Income tax expense</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(89,153)</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,173)</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,140)</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(93,466)</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings available to common stockholders</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:67.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">291,391</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,399</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:48.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,243</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:47.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(15,642)</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">291,391</td></tr><tr style="height:6pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:73.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:80.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:54.75pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:53.25pt; vertical-align:bottom"> </td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:64.5pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Balances for the six months ended June 30, 2018</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:22.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(b) Eliminate intercompany lease / interest income</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:22.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(c) Eliminate intercompany premiums</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:22.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(d) Eliminate equity in earnings of subsidiaries</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:22.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr></table> Consolidating cash flow statements by industry segment for the six months ended September 30, 2019 are as follows:<table cellpadding="0" cellspacing="0" style="width:629.25pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:18pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Moving & Storage Consolidated</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property & Casualty Insurance (a)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life Insurance (a)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Elimination</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AMERCO Consolidated</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:323.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cash flows from operating activities:</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:323.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net earnings</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">288,748</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">13,916</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,829</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(22,745)</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom">$ </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">288,748</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings from consolidated entities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(22,745)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">22,745</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Adjustments to reconcile net earnings to the cash provided by operations:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Depreciation</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">326,830</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">326,830</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of deferred policy acquisition costs</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,579</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,579</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of premiums and accretion of discounts related to investments, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">754</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,727</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,481</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of debt issuance costs</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,100</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,100</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest credited to policyholders</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">26,584</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">26,584</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Change in allowance for losses on trade receivables</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(113)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(113)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Change in allowance for inventories and parts reserve</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">537</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">537</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net gains on disposal of personal property</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(34,677)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(34,677)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net gains on disposal of real estate</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,839)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,839)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net gains on sales of investments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(127)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(7,468)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(7,595)</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net gains on equity investments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,553)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,553)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Deferred income taxes</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">87,544</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,438)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,398)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">83,708</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net change in other operating assets and liabilities:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Reinsurance recoverables and trade receivables</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(987)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,430</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,972)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,471</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Inventories and parts</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">613</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">613</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Prepaid expenses</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(21,908)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(21,908)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Capitalization of deferred policy acquisition costs</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(10,370)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(10,370)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other assets</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,205)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,736</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(6)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">525</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Related party assets</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,628)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,391)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(5,019)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Accounts payable and accrued expenses</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">59,091</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,485</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">60,587</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Policy benefits and losses, claims and loss expenses payable</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,272</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(6,214)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(349)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,709</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other policyholders' funds and liabilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">381</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(4,517)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(4,136)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Deferred income</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,077</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,077</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Related party liabilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">406</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">412</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">607</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,425</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net cash provided by operating activities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">699,116</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,917</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">28,731</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">737,764</td></tr><tr style="height:4.5pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cash flows from investing activities:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Escrow deposits</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,573</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,573</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Purchases of:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property, plant and equipment</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,589,371)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,589,371)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Short term investments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(20,275)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(105)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(20,380)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fixed maturities investments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(6,531)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(172,095)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(178,626)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Equity Securities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(83)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(83)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Real estate</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(328)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(40)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(368)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Mortgage loans</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(6,250)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(13,410)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(19,660)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Proceeds from sales and paydowns of:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property, plant and equipment</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">401,451</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">401,451</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Short term investments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,282</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,282</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fixed maturities investments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,308</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">117,375</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">127,683</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Real estate</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">311</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">311</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Mortgage loans</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,696</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,603</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,299</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net cash used by investing activities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,182,036)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(4,098)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(65,755)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,251,889)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:323.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(page 1 of 2)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Balance for the period ended June 30, 2019</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:69.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:69pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; vertical-align:bottom"> 30</td></tr></table> Consolidating cash flow statements by industry segment for the six months ended September 30, 2019 are as follows:<table cellpadding="0" cellspacing="0" style="width:629.25pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:18pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Moving & Storage Consolidated</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property & Casualty Insurance (a)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life Insurance (a)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Elimination</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AMERCO Consolidated</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:323.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cash flows from financing activities:</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:323.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Borrowings from credit facilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">656,245</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,500</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">658,745</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Principal repayments on credit facilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(141,134)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,500)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(143,634)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Payments of debt issuance costs</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,301)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,301)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Finance/capital lease payments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(180,902)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(180,902)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Employee stock ownership plan stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(206)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(206)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Common stock dividend paid</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(19,600)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(19,600)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net contribution from (to) related party</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">21,600</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">21,600</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Investment contract deposits</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">105,846</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">105,846</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Investment contract withdrawals</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(78,177)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(78,177)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net cash provided by financing activities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">333,702</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">27,669</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">361,371</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Effects of exchange rate on cash</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,284</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,284</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Increase (decrease) in cash and cash equivalents</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(144,934)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,819</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(9,355)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(148,470)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cash and cash equivalents at beginning of period</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">643,918</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,757</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">24,026</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">673,701</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cash and cash equivalents at end of period</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:63.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">498,984</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:63pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,576</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:44.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">14,671</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:38.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom">$ </td><td style="width:41.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">525,231</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:323.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(page 2 of 2)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Balance for the period ended June 30, 2019</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:69.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:69pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; vertical-align:bottom"> </td></tr></table> 31 Consolidating cash flow statements by industry segment for the six months ended September 30, 2018 are as follows:<table cellpadding="0" cellspacing="0" style="width:632.25pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:19.5pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Moving & Storage Consolidated</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property & Casualty Insurance (a)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life Insurance (a)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Elimination</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AMERCO Consolidated</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:326.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cash flows from operating activities:</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:326.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net earnings</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">291,391</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,399</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,243</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(15,642)</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">291,391</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings from consolidated entities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(15,642)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">15,642</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Adjustments to reconcile net earnings to cash provided by operations:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Depreciation</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">287,383</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">287,383</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of deferred policy acquisition costs</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,930</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,930</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of premiums and accretion of discounts related to investments, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">619</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,838</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,457</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of debt issuance costs</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,013</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,013</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest credited to policyholders</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,726</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,726</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Change in allowance for losses on trade receivables</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">313</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(4)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">309</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Change in allowance for inventories and parts reserve</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,148</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,148</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net gains on disposal of personal property</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(28,331)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(28,331)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net losses on disposal of real estate</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net (gains) losses on sales of investments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(66)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">121</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">55</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net losses on equity investments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,344</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,344</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Deferred income taxes</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">89,160</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(116)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(559)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">88,485</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net change in other operating assets and liabilities:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Reinsurance recoverables and trade receivables</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(14,166)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,151</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,438)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(14,453)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Inventories and parts</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(4,347)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(4,347)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Prepaid expenses</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(17,709)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(17,709)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Capitalization of deferred policy acquisition costs</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(12,926)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(12,926)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other assets</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">58,539</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">80</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(480)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">58,139</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Related party assets</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,798</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,617)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,181</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Accounts payable and accrued expenses</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">49,346</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,106</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,292</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">57,744</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Policy benefits and losses, claims and loss expenses payable</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(54,882)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,166</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,942</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(49,774)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other policyholders' funds and liabilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">14</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,288</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,302</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Deferred income</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(124)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(124)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Related party liabilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,207)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(453)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(616)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(3,276)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net cash provided by operating activities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">649,693</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,627</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">41,357</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">702,677</td></tr><tr style="height:5.25pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cash flows from investing activities:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Escrow deposits</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,362</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,362</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Purchases of:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property, plant and equipment</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,114,544)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,114,544)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Short term investments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(22,092)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(243)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(22,335)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fixed maturities investments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(17,588)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(222,384)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(239,972)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Equity securities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(957)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(957)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Preferred stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(81)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(81)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Real estate</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(144)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(74)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(218)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Mortgage loans</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(4,612)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(19,520)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(24,132)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Proceeds from sales and paydowns of:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property, plant and equipment</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">429,910</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">429,910</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Short term investments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">24,568</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">24,568</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fixed maturities investments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,302</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">57,349</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">64,651</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Real estate</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,125</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,125</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Mortgage loans</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">422</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,490</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,912</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net cash used by investing activities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(683,272)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(11,019)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(173,420)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:2.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:45.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(867,711)</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:326.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(page 1 of 2)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Balance for the period ended June 30, 2018</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:70.5pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:52.5pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:42pt; vertical-align:bottom"> </td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; vertical-align:bottom"> 32</td></tr></table> Consolidating cash flow statements by industry segment for the six months ended September 30, 2018 are as follows: <table cellpadding="0" cellspacing="0" style="width:632.25pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:27pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Moving & Storage Consolidated</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property & Casualty Insurance (a)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life Insurance (a)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Elimination</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AMERCO Consolidated</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:326.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cash flows from financing activities:</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:326.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Borrowings from credit facilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">313,299</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">313,299</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Principal repayments on credit facilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(182,955)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(182,955)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Payment of debt issuance costs</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,420)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,420)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Capital lease payments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(147,913)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(147,913)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Employee stock ownership plan stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(137)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(137)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Common stock dividend paid</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(29,385)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(29,385)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Investment contract deposits</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">179,608</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">179,608</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Investment contract withdrawals</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(71,228)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(71,228)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net cash provided (used) by financing activities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(48,511)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">108,380</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">59,869</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Effects of exchange rate on cash</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,783)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,783)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Decrease in cash and cash equivalents</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(83,873)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">608</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(23,683)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(106,948)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cash and cash equivalents at beginning of period</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">702,036</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,639</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">50,713</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">759,388</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cash and cash equivalents at end of period</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:60.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">618,163</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:64.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,247</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">27,030</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:36pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:45.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">652,440</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:326.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(page 2 of 2)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Balance for the period ended June 30, 2018</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:70.5pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:52.5pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:42pt; vertical-align:bottom"> </td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; vertical-align:bottom"> </td></tr></table>

Consolidating balance sheets by industry segment as of September 30, 2019 are as follows:<table cellpadding="0" cellspacing="0" style="width:619.5pt; border-collapse:collapse"><tr style="height:40.5pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Moving & StorageConsolidated </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property & Casualty Insurance (a) </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life Insurance (a)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Eliminations</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AMERCOConsolidated</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:366.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:366.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Assets:</td><td colspan="11" style="width:381pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cash and cash equivalents</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">498,984</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,576</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">14,671</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">525,231</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Reinsurance recoverables and trade receivables, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">91,985</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">96,690</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">33,806</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">222,481</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Inventories and parts, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">102,357</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">102,357</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Prepaid expenses</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">194,250</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">194,250</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Investments, fixed maturities and marketable equities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">294,681</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,118,669</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,413,350</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Investments, other</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">20,988</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">82,395</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">217,609</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">320,992</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Deferred policy acquisition costs, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">111,708</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">111,708</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other assets</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">68,416</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">880</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,136</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">72,432</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Right of use assets - financing, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,185,629</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,185,629</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Right of use assets - operating</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">105,298</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">105,298</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Related party assets</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">38,671</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,998</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">18,554</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(53,321)</td><td style="width:14.25pt; vertical-align:bottom">(c)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,902</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,306,578</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">495,220</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,518,153</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(53,321)</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,266,630</td></tr><tr style="height:6.75pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Investment in subsidiaries</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">619,513</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(619,513)</td><td style="width:14.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:5.25pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property, plant and equipment, at cost:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Land</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,016,918</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,016,918</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Buildings and improvements</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,371,637</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,371,637</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Furniture and equipment</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">716,287</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">716,287</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Rental trailers and other rental equipment</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">495,264</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">495,264</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Rental trucks</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,560,034</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,560,034</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,160,140</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,160,140</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Less: Accumulated depreciation</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,570,568)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,570,568)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total property, plant and equipment, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,589,572</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,589,572</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total assets</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:65.25pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,515,663</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:65.25pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">495,220</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,518,153</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:51.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(672,834)</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:54.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,856,202</td></tr><tr style="height:5.25pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:71.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:71.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Balances as of June 30, 2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(b) Eliminate investment in subsidiaries </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(c) Eliminate intercompany receivables and payables</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr></table> 22 Consolidating balance sheets by industry segment as of September 30, 2019 are as follows:<table cellpadding="0" cellspacing="0" style="width:645pt; border-collapse:collapse"><tr style="height:36pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Moving & StorageConsolidated </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property & Casualty Insurance (a) </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life Insurance (a)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Eliminations</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AMERCOConsolidated</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:354pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:354pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Liabilities:</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:63.75pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:63.75pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Accounts payable and accrued expenses</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">538,687</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,865</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,708</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">546,260</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Notes, loans and finance/capital leases payable, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,497,912</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,497,912</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Operating lease liability</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">104,832</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">104,832</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Policy benefits and losses, claims and loss expenses payable</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">425,448</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">223,744</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">372,942</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,022,134</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Liabilities from investment contracts</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,720,995</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,720,995</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other policyholders' funds and liabilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,641</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,270</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,911</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Deferred income</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">35,926</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">35,926</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Deferred income taxes, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">828,584</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,068</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">21,512</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">859,164</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Related party liabilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">25,851</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,216</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,299</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-31,366</td><td style="width:14.25pt; vertical-align:bottom">(c)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total liabilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,457,240</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">245,534</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,126,726</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-31,366</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,798,134</td></tr><tr style="height:6.75pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Stockholders' equity:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Series preferred stock:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Series A preferred stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Series B preferred stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Series A common stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Common stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,497</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,301</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,500</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-5,801</td><td style="width:14.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,497</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Additional paid-in capital</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">453,971</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">91,120</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">26,271</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-117,601</td><td style="width:14.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">453,761</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Accumulated other comprehensive income (loss)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,506</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,615</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">65,575</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-75,545</td><td style="width:14.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,151</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Retained earnings</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,255,696</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">145,650</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">297,081</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-442,521</td><td style="width:14.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,255,906</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cost of common stock in treasury, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-525,653</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-525,653</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cost of preferred stock in treasury, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-151,997</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-151,997</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Unearned employee stock ownership plan stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-1,597</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-1,597</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total stockholders' equity</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,058,423</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">249,686</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">391,427</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:54.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-641,468</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,058,068</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total liabilities and stockholders' equity</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:57.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,515,663</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:57.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">495,220</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:56.25pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,518,153</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:54.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">-672,834</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:56.25pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,856,202</td></tr><tr style="height:6pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Balances as of June 30, 2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(b) Eliminate investment in subsidiaries </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(c) Eliminate intercompany receivables and payables</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:54.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:56.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr></table>

498984000

11576000

14671000

525231000

91985000 96690000 33806000 0 222481000

102357000

194250000

294681000

2118669000

2413350000

20988000

82395000

217609000

320992000

111708000

68416000

880000

3136000

72432000

1185629000

105298000

38671000

8998000

18554000

-53321000

12902000

2306578000 495220000 2518153000 -53321000 5266630000

619513000

-619513000

1016918000

4371637000

716287000

495264000

3560034000

10160140000

2570568000

-0

2570568000

7589572000

10515663000

495220000

2518153000

-672834000

12856202000

538687000

2865000

4708000

546260000

4497912000

104832000

425448000

223744000

372942000

1022134000

1720995000

5641000

5270000

10911000

35926000

828584000

9068000

21512000

859164000

25851000

4216000

1299000

-31366000

6457240000

245534000

2126726000

-31366000

8798134000

10497000

3301000

2500000

-5801000

10497000

453971000

91120000

26271000

-117601000

453761000

17506000

9615000

65575000

-75545000

17151000

4255696000

145650000

297081000

-442521000

4255906000

525653000

-0

151997000

-0

1597000

-0

4058423000

249686000

391427000

-641468000

4058068000

10515663000

495220000

2518153000

-672834000

12856202000

<table cellpadding="0" cellspacing="0" style="width:618.75pt; border-collapse:collapse"><tr style="height:40.5pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:63pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Moving & StorageConsolidated </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property & Casualty Insurance (a) </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life Insurance (a)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Eliminations</td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AMERCOConsolidated</td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:366pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Assets:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td colspan="10" style="width:366pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cash and cash equivalents</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">643,918</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,757</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">24,026</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">673,701</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Reinsurance recoverables and trade receivables, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">90,832</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">102,120</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">31,833</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">224,785</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Inventories and parts, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">103,504</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">103,504</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Prepaid expenses</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">174,100</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">174,100</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Investments, fixed maturities and marketable equities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">279,641</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,955,756</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,235,397</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Investments, other</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">23,013</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">74,679</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">203,044</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">300,736</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Deferred policy acquisition costs, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">136,276</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">136,276</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other assets</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">72,768</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,456</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,130</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">78,354</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Related party assets</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">35,997</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,639</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">16,466</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(28,213)</td><td style="width:14.25pt; vertical-align:bottom">(c)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">30,889</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,144,132</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">471,292</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,370,531</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(28,213)</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,957,742</td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Investment in subsidiaries</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">534,157</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(534,157)</td><td style="width:14.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:7.5pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property, plant and equipment, at cost:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Land</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">976,454</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">976,454</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Buildings and improvements</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,003,726</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,003,726</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Furniture and equipment</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">689,780</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">689,780</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Rental trailers and other rental equipment</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">590,039</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">590,039</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Rental trucks</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,762,028</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,762,028</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,022,027</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,022,027</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Less: Accumulated depreciation</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(3,088,056)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(3,088,056)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total property, plant and equipment, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,933,971</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:57pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,933,971</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total assets</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:63pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,612,260</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:57.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">471,292</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:57.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,370,531</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:57pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(562,370)</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:59.25pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,891,713</td></tr><tr style="height:3.75pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:69pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Balances as of December 31, 2018</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(b) Eliminate investment in subsidiaries </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:232.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(c) Eliminate intercompany receivables and payables</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr></table> 24 Consolidating balance sheets by industry segment as of March 31, 2019 are as follows:<table cellpadding="0" cellspacing="0" style="width:665.25pt; border-collapse:collapse"><tr style="height:36pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Moving & StorageConsolidated </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property & Casualty Insurance (a) </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life Insurance (a)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Eliminations</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:66.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AMERCOConsolidated</td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:374.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Liabilities:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Accounts payable and accrued expenses</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">548,099</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,844</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,930</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">556,873</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Notes, loans and leases payable, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,163,323</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,163,323</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Policy benefits and losses, claims and loss expenses payable</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">407,934</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">229,958</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">373,291</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,011,183</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Liabilities from investment contracts</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,666,742</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,666,742</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other policyholders' funds and liabilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,259</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,788</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">15,047</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Deferred income</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">35,186</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">35,186</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Deferred income taxes, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">741,644</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,961</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,365</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">750,970</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Related party liabilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">25,446</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,836</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">692</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(29,974)</td><td style="width:12.75pt; vertical-align:bottom">(c)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total liabilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,921,632</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">248,858</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,058,808</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(29,974)</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,199,324</td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Stockholders' equity:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Series preferred stock:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Series A preferred stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">–</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Series B preferred stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">–</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Series A common stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">–</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Common stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,497</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,301</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,500</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(5,801)</td><td style="width:12.75pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,497</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Additional paid-in capital</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">453,536</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">91,120</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">26,271</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(117,601)</td><td style="width:12.75pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">453,326</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Accumulated other comprehensive income (loss)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(68,459)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(3,721)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(5,300)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,782</td><td style="width:12.75pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(66,698)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Retained earnings</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,976,752</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">131,734</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">288,252</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(419,776)</td><td style="width:12.75pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,976,962</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cost of common stock in treasury, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(525,653)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(525,653)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cost of preferred stock in treasury, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(151,997)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(151,997)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Unearned employee stock ownership plan stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(4,048)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(4,048)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total stockholders' equity</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,690,628</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">222,434</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">311,723</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(532,396)</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,692,389</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total liabilities and stockholders' equity</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,612,260</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">471,292</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:60pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,370,531</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:60.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(562,370)</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:66.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,891,713</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Balances as of December 31, 2018</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(b) Eliminate investment in subsidiaries </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:270.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(c) Eliminate intercompany receivables and payables</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:66.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr></table>

643918000

5757000

24026000

673701000

90832000 102120000 31833000 0 224785000

103504000

174100000

279641000

1955756000

2235397000

23013000

74679000

203044000

300736000

136276000

72768000

2456000

3130000

35997000

6639000

16466000

-28213000

30889000

1144132000 471292000 2370531000 -28213000 3957742000

534157000

-534157000

976454000

4003726000

689780000

590039000

4762028000

11022027000

3088056000

-0

3088056000

7933971000

9612260000

471292000

2370531000

-562370000

11891713000

548099000

2844000

5930000

556873000

4163323000

407934000

229958000

373291000

1011183000

1666742000

5259000

9788000

15047000

35186000

741644000

6961000

2365000

750970000

25446000

3836000

692000

-29974000

5921632000

248858000

2058808000

-29974000

8199324000

10497000

3301000

2500000

-5801000

10497000

453536000

91120000

26271000

-117601000

453326000

-68459000

-3721000

-5300000

10782000

-66698000

3976752000

131734000

288252000

-419776000

3976962000

525653000

-0

525653000

151997000

-0

151997000

4048000

-0

4048000

3690628000

222434000

311723000

-532396000

3692389000

9612260000

471292000

2370531000

-562370000

11891713000

<table cellpadding="0" cellspacing="0" style="width:675.75pt; border-collapse:collapse"><tr style="height:23.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Moving & StorageConsolidated </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property & Casualty Insurance (a) </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life Insurance (a)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Eliminations</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AMERCOConsolidated</td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:376.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:376.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues:</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-moving equipment rentals</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">805,659</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,334)</td><td style="width:26.25pt; vertical-align:bottom">(c)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">804,325</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-storage revenues</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">104,965</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">104,965</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-moving and self-storage products and service sales</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">73,121</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">73,121</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property management fees</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,233</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,233</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life insurance premiums</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">32,355</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">32,355</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property and casualty insurance premiums</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">19,216</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(851)</td><td style="width:26.25pt; vertical-align:bottom">(c)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">18,365</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net investment and interest income</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,031</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,312</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">26,165</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(410)</td><td style="width:26.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">33,098</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other revenue</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">75,543</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,339</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(130)</td><td style="width:26.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">76,752</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total revenues</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,069,552</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">23,528</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">59,859</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,725)</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,150,214</td></tr><tr style="height:3pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Costs and expenses:</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Operating expenses</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">552,708</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,395</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,619</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,309)</td><td style="width:26.25pt; vertical-align:bottom">(b,c)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">565,413</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Commission expenses</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">86,099</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">86,099</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cost of sales</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">43,930</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">43,930</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Benefits and losses</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,041</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">40,784</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">45,825</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of deferred policy acquisition costs</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,515</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,515</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Lease expense</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,492</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(136)</td><td style="width:26.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,356</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Depreciation, net of (gains) losses on disposal</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">151,553</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">151,553</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net gains on disposal of real estate</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(217)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(217)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total costs and expenses</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">840,565</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">14,436</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">52,918</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,445)</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">905,474</td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings from operations before equity in earnings of subsidiaries</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">228,987</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,092</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,941</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(280)</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">244,740</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Equity in earnings of subsidiaries</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,914</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(12,914)</td><td style="width:26.25pt; vertical-align:bottom">(d)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings from operations</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">241,901</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,092</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,941</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(13,194)</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">244,740</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other components of net periodic benefit costs</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(264)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(264)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest expense</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(39,402)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">280</td><td style="width:26.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(39,122)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Pretax earnings</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">202,235</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,092</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,941</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(12,914)</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">205,354</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Income tax expense</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(45,909)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,864)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,255)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(49,028)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings available to common stockholders</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:67.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">156,326</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,228</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:51.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,686</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:44.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(12,914)</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:55.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">156,326</td></tr><tr style="height:6pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Balances for the quarter ended June 30, 2019</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(b) Eliminate intercompany lease / interest income</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(c) Eliminate intercompany premiums</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(d) Eliminate equity in earnings of subsidiaries </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr></table>

805659000

-1334000

804325000

104965000 0 0 0 104965000 73121000 0 0 0 73121000

7233000

32355000

19216000

-851000

18365000

3031000

4312000

26165000

-410000

33098000

75543000

1339000

-130000

76752000

1069552000

23528000

59859000

-2725000

1150214000

552708000

9395000

5619000

-2309000

565413000

86099000

43930000

5041000

40784000

45825000

6515000

6492000

-136000

6356000

151553000 0 0 0 151553000 -217000 0 0 0 -217000

840565000

14436000

52918000

-2445000

905474000

228987000

9092000

6941000

-280000

244740000

12914000

-12914000

241901000

9092000

6941000

-13194000

244740000

264000 -0 -0 -0

39402000

-0

-280000

202235000

9092000

6941000

-12914000

205354000

45909000

1864000

1255000

-0

156326000

7228000

5686000

-12914000

156326000

<table cellpadding="0" cellspacing="0" style="width:676.5pt; border-collapse:collapse"><tr style="height:22.5pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Moving & StorageConsolidated </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property & Casualty Insurance (a) </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life Insurance (a)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Eliminations</td><td style="width:23.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AMERCOConsolidated</td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:384pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:384pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues:</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:23.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-moving equipment rentals</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">783,035</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,322)</td><td style="width:29.25pt; vertical-align:bottom">(c)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">781,713</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-storage revenues</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">91,493</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">91,493</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-moving and self-storage products and service sales</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">72,913</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">72,913</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property management fees</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,192</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,192</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life insurance premiums</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">35,920</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">35,920</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property and casualty insurance premiums</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">16,972</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(689)</td><td style="width:29.25pt; vertical-align:bottom">(c)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">16,283</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net investment and interest income</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,830</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,550</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">22,270</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(423)</td><td style="width:29.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">28,227</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other revenue</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">69,471</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,422</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(127)</td><td style="width:29.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">70,766</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total revenues</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,026,934</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">20,522</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">59,612</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,561)</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,104,507</td></tr><tr style="height:3pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Costs and expenses:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Operating expenses</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">518,383</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,915</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,186</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,134)</td><td style="width:29.25pt; vertical-align:bottom">(b,c)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">529,350</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Commission expenses</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">85,334</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">85,334</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cost of sales</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">46,402</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">46,402</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Benefits and losses</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,748</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">41,025</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">45,773</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of deferred policy acquisition costs</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,899</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,899</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Lease expense</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,306</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(136)</td><td style="width:29.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,170</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Depreciation, net of (gains) losses on disposal</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">132,625</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">132,625</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net losses on disposal of real estate</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total costs and expenses</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">791,060</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,663</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">52,110</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,270)</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">853,563</td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:22.5pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings from operations before equity in earnings of subsidiaries</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">235,874</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,859</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,502</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(291)</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">250,944</td></tr><tr style="height:9.95pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Equity in earnings of subsidiaries</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,986</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(11,986)</td><td style="width:29.25pt; vertical-align:bottom">(d)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings from operations</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">247,860</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,859</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,502</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(12,277)</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">250,944</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other components of net periodic benefit costs</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(254)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(254)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest expense</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(35,321)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">291</td><td style="width:29.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(35,030)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Pretax earnings</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">212,285</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,859</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,502</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(11,986)</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">215,660</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Income tax expense</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(48,743)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,628)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,747)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(52,118)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings available to common stockholders</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:67.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">163,542</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,231</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:50.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,755</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:47.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(11,986)</td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">163,542</td></tr><tr style="height:6.75pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:73.5pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:80.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:56.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:53.25pt; vertical-align:bottom"> </td><td style="width:29.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Balances for the quarter ended June 30, 2018</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:23.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(b) Eliminate intercompany lease / interest income</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:23.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(c) Eliminate intercompany premiums</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:23.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:272.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(d) Eliminate equity in earnings of subsidiaries</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:50.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:23.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr></table>

783035000

-1322000

781713000

91493000 0 0 0 91493000 72913000 0 0 0 72913000

7192000

35920000

16972000

-689000

16283000

2830000

3550000

22270000

-423000

28227000

69471000

1422000

-127000

70766000

1026934000

20522000

59612000

-2561000

1104507000

518383000

7915000

5186000

-2134000

529350000

85334000

46402000

4748000

41025000

45773000

5899000

8306000

-136000

8170000

132625000 0 0 0 132625000 10000 0 0 0 10000

791060000

12663000

52110000

-2270000

853563000

235874000

7859000

7502000

-291000

250944000

11986000

-11986000

247860000

7859000

7502000

-12277000

250944000

254000 -0 -0 -0

35321000

-0

-291000

212285000

7859000

7502000

-11986000

215660000

48743000

1628000

1747000

-0

163542000

6231000

5755000

-11986000

163542000

<table cellpadding="0" cellspacing="0" style="width:673.5pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:21.75pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Moving & StorageConsolidated </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property & Casualty Insurance (a) </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life Insurance (a)</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Eliminations</td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AMERCOConsolidated</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:374.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:374.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues:</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-moving equipment rentals</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,554,795</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,874)</td><td style="width:26.25pt; vertical-align:bottom">(c)</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,552,921</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-storage revenues</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">203,239</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">203,239</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-moving and self-storage products and service sales</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">153,147</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">153,147</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property management fees</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">14,389</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">14,389</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life insurance premiums</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">65,065</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">65,065</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property and casualty insurance premiums</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">33,330</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,541)</td><td style="width:26.25pt; vertical-align:bottom">(c)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">31,789</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net investment and interest income</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,298</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,503</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">52,866</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(820)</td><td style="width:26.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">68,847</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other revenue</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">138,082</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,249</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(265)</td><td style="width:26.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">140,066</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total revenues</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,069,950</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">43,833</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">120,180</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(4,500)</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,229,463</td></tr><tr style="height:3pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Costs and expenses:</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Operating expenses</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,075,232</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,476</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,847</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(3,670)</td><td style="width:26.25pt; vertical-align:bottom">(b,c)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,099,885</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Commission expenses</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">166,998</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">166,998</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cost of sales</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">92,859</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">92,859</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Benefits and losses</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,799</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">86,032</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">94,831</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of deferred policy acquisition costs</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,579</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,579</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Lease expense</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">13,664</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(272)</td><td style="width:26.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">13,392</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Depreciation, net of (gains) losses on disposal</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">292,153</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">292,153</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net gains on disposal of real estate</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,839)</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,839)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total costs and expenses</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,639,067</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">26,275</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">109,458</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(3,942)</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,770,858</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings from operations before equity in earnings of subsidiaries</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">430,883</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,558</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,722</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(558)</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">458,605</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Equity in earnings of subsidiaries</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">22,745</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(22,745)</td><td style="width:26.25pt; vertical-align:bottom">(d)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings from operations</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">453,628</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,558</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,722</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(23,303)</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">458,605</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other components of net periodic benefit costs</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(527)</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(527)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest expense</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(78,568)</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">558</td><td style="width:26.25pt; vertical-align:bottom">(b)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(78,010)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Pretax earnings</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">374,533</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,558</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,722</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(22,745)</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">380,068</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Income tax expense</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(85,785)</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(3,642)</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:51.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,893)</td><td style="width:7.5pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(91,320)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings available to common stockholders</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:67.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">288,748</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">13,916</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:51.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,829</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:44.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(22,745)</td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:55.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">288,748</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:26.25pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Balances for the six months ended June 30, 2019</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(b) Eliminate intercompany lease / interest income</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(c) Eliminate intercompany premiums</td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:279.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(d) Eliminate equity in earnings of subsidiaries </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:51.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:20.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr></table>

1554795000

-1874000

1552921000

203239000 0 0 0 203239000 153147000 0 0 0 153147000

14389000

65065000

33330000

-1541000

31789000

6298000

10503000

52866000

-820000

68847000

138082000

2249000

-265000

140066000

2069950000

43833000

120180000

-4500000

2229463000

1075232000

17476000

10847000

-3670000

1099885000

166998000

92859000

8799000

86032000

94831000

12579000

13664000

-272000

13392000

292153000 0 0 0 292153000 -1839000 0 0 0 -1839000

1639067000

26275000

109458000

-3942000

1770858000

430883000

17558000

10722000

-558000

458605000

22745000

-22745000

453628000

17558000

10722000

-23303000

458605000

527000 -0 -0 -0

78568000

-0

-558000

374533000

17558000

10722000

-22745000

380068000

85785000

3642000

1893000

-0

288748000

13916000

8829000

-22745000

288748000

<table cellpadding="0" cellspacing="0" style="width:660pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:22.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Moving & StorageConsolidated </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property & Casualty Insurance (a) </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life Insurance (a)</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Eliminations</td><td style="width:22.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AMERCOConsolidated</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:387.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:387.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:11.25pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues:</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:22.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-moving equipment rentals</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,500,577</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,262)</td><td style="width:28.5pt; vertical-align:bottom">(c)</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,498,315</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-storage revenues</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">177,705</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">177,705</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-moving and self-storage products and service sales</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">152,154</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">152,154</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property management fees</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">14,608</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">14,608</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life insurance premiums</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">72,808</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">72,808</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property and casualty insurance premiums</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">30,320</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,256)</td><td style="width:28.5pt; vertical-align:bottom">(c)</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">29,064</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net investment and interest income</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,393</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,091</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">42,187</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(839)</td><td style="width:28.5pt; vertical-align:bottom">(b)</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">52,832</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other revenue</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">124,382</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,480</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(264)</td><td style="width:28.5pt; vertical-align:bottom">(b)</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">126,598</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total revenues</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,974,819</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">36,411</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">117,475</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(4,621)</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,124,084</td></tr><tr style="height:2.25pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Costs and expenses:</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Operating expenses</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,002,003</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">16,615</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,059</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(3,773)</td><td style="width:28.5pt; vertical-align:bottom">(b,c)</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,025,904</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Commission expenses</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">164,591</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">164,591</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cost of sales</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">96,283</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">96,283</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Benefits and losses</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,224</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">85,103</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">94,327</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of deferred policy acquisition costs</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,930</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,930</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Lease expense</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">16,611</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(272)</td><td style="width:28.5pt; vertical-align:bottom">(b)</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">16,339</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Depreciation, net of (gains) losses on disposal</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">259,052</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">259,052</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net losses on disposal of real estate</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total costs and expenses</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,538,550</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">25,839</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">108,092</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(4,045)</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,668,436</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings from operations before equity in earnings of subsidiaries</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">436,269</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,572</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,383</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(576)</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">455,648</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Equity in earnings of subsidiaries</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">15,642</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(15,642)</td><td style="width:28.5pt; vertical-align:bottom">(d)</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings from operations</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">451,911</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,572</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,383</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(16,218)</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">455,648</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other components of net periodic benefit costs</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(507)</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(507)</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest expense</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(70,860)</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">576</td><td style="width:28.5pt; vertical-align:bottom">(b)</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(70,284)</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Pretax earnings</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">380,544</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,572</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,383</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(15,642)</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">384,857</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Income tax expense</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:67.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(89,153)</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,173)</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:48.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,140)</td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(93,466)</td></tr><tr style="height:10.5pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings available to common stockholders</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:67.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">291,391</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,399</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:48.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,243</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:47.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(15,642)</td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">291,391</td></tr><tr style="height:6pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:73.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:80.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:54.75pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:53.25pt; vertical-align:bottom"> </td><td style="width:28.5pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:64.5pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Balances for the six months ended June 30, 2018</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:22.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(b) Eliminate intercompany lease / interest income</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:22.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(c) Eliminate intercompany premiums</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:22.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:250.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(d) Eliminate equity in earnings of subsidiaries</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:67.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:48.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:47.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:22.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr></table>

1500577000

-2262000

1498315000

177705000 0 0 0 177705000 152154000 0 0 0 152154000

14608000

72808000

30320000

-1256000

29064000

5393000

6091000

42187000

-839000

52832000

124382000

2480000

-264000

126598000

1974819000

36411000

117475000

-4621000

2124084000

1002003000

16615000

11059000

-3773000

1025904000

164591000

96283000

9224000

85103000

94327000

11930000

16611000

-272000

16339000

259052000 0 0 0 259052000 10000 0 0 0 10000

1538550000

25839000

108092000

-4045000

1668436000

436269000

10572000

9383000

-576000

455648000

15642000

-15642000

451911000

10572000

9383000

-16218000

455648000

507000 -0 -0 -0

70860000

-0

-576000

380544000

10572000

9383000

-15642000

384857000

89153000

2173000

2140000

-0

291391000

8399000

7243000

-15642000

291391000

<table cellpadding="0" cellspacing="0" style="width:629.25pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:18pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Moving & Storage Consolidated</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property & Casualty Insurance (a)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life Insurance (a)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Elimination</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AMERCO Consolidated</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:323.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cash flows from operating activities:</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:323.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net earnings</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">288,748</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">13,916</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,829</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(22,745)</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom">$ </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">288,748</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings from consolidated entities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(22,745)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">22,745</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Adjustments to reconcile net earnings to the cash provided by operations:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Depreciation</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">326,830</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">326,830</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of deferred policy acquisition costs</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,579</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,579</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of premiums and accretion of discounts related to investments, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">754</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,727</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,481</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of debt issuance costs</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,100</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,100</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest credited to policyholders</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">26,584</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">26,584</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Change in allowance for losses on trade receivables</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(113)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(113)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Change in allowance for inventories and parts reserve</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">537</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">537</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net gains on disposal of personal property</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(34,677)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(34,677)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net gains on disposal of real estate</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,839)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,839)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net gains on sales of investments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(127)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(7,468)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(7,595)</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net gains on equity investments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,553)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,553)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Deferred income taxes</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">87,544</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,438)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,398)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">83,708</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net change in other operating assets and liabilities:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Reinsurance recoverables and trade receivables</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(987)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,430</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,972)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,471</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Inventories and parts</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">613</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">613</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Prepaid expenses</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(21,908)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(21,908)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Capitalization of deferred policy acquisition costs</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(10,370)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(10,370)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other assets</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,205)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,736</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(6)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">525</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Related party assets</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,628)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,391)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(5,019)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Accounts payable and accrued expenses</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">59,091</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,485</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">60,587</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Policy benefits and losses, claims and loss expenses payable</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,272</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(6,214)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(349)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,709</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other policyholders' funds and liabilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">381</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(4,517)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(4,136)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Deferred income</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,077</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,077</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Related party liabilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">406</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">412</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">607</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,425</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net cash provided by operating activities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">699,116</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,917</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">28,731</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">737,764</td></tr><tr style="height:4.5pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cash flows from investing activities:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Escrow deposits</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,573</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,573</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Purchases of:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property, plant and equipment</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,589,371)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,589,371)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Short term investments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(20,275)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(105)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(20,380)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fixed maturities investments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(6,531)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(172,095)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(178,626)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Equity Securities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(83)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(83)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Real estate</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(328)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(40)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(368)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Mortgage loans</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(6,250)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(13,410)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(19,660)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Proceeds from sales and paydowns of:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property, plant and equipment</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">401,451</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">401,451</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Short term investments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,282</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,282</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fixed maturities investments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,308</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">117,375</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">127,683</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Real estate</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">311</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">311</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Mortgage loans</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,696</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,603</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,299</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net cash used by investing activities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,182,036)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(4,098)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(65,755)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,251,889)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:323.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(page 1 of 2)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Balance for the period ended June 30, 2019</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:69.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:69pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; vertical-align:bottom"> 30</td></tr></table> Consolidating cash flow statements by industry segment for the six months ended September 30, 2019 are as follows:<table cellpadding="0" cellspacing="0" style="width:629.25pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:18pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Moving & Storage Consolidated</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property & Casualty Insurance (a)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life Insurance (a)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Elimination</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AMERCO Consolidated</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:323.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cash flows from financing activities:</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:323.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Borrowings from credit facilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">656,245</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,500</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">658,745</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Principal repayments on credit facilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(141,134)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,500)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(143,634)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Payments of debt issuance costs</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,301)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,301)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Finance/capital lease payments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(180,902)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(180,902)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Employee stock ownership plan stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(206)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(206)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Common stock dividend paid</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(19,600)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(19,600)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net contribution from (to) related party</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">21,600</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">21,600</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Investment contract deposits</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">105,846</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">105,846</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Investment contract withdrawals</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(78,177)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(78,177)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net cash provided by financing activities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">333,702</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">27,669</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">361,371</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Effects of exchange rate on cash</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,284</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,284</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Increase (decrease) in cash and cash equivalents</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(144,934)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,819</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(9,355)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(148,470)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cash and cash equivalents at beginning of period</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">643,918</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:63pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,757</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">24,026</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:38.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:41.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">673,701</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cash and cash equivalents at end of period</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:63.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">498,984</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:63pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,576</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:44.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">14,671</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:38.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom">$ </td><td style="width:41.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">525,231</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:323.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(page 2 of 2)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Balance for the period ended June 30, 2019</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:69.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:69pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:50.25pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:44.25pt; vertical-align:bottom"> </td><td style="width:14.25pt; vertical-align:bottom"> </td><td style="width:9.75pt; vertical-align:bottom"> </td><td style="width:47.25pt; vertical-align:bottom"> </td></tr></table>

288748000

13916000

8829000

-22745000

288748000

22745000 -0 -0 -22745000 -0

326830000

12579000

754000

5727000

6481000

2100000

26584000

-113000

537000

34677000

-0

34677000

-1839000 0 0 0 -1839000

-0

127000

7468000

-0

7595000

-2553000

87544000

-1438000

-2398000

83708000

987000 -5430000 1972000 -0 -2471000

-613000

-0

-613000

21908000

-0

21908000

-0

10370000

-0

10370000

1205000

-1736000

6000

-0

-525000

2628000

2391000

-0

5019000

59091000

11000

1485000

60587000

17272000

-6214000

-349000

10709000

381000

-4517000

-4136000

2077000

406000

412000

607000

1425000

699116000

9917000

28731000

737764000

-5573000

-0

-5573000

1589371000

-0

1589371000

-0

20275000

105000

-0

20380000

-0

6531000

172095000

-0

178626000

-0

83000

-0

83000

-0

328000

40000

-0

368000

-0

6250000

13410000

-0

19660000

401451000

17282000

10308000

117375000

127683000

311000

1696000

2603000

4299000

-1182036000

-4098000

-65755000

-1251889000

656245000

2500000

658745000

141134000

-0

2500000

-0

143634000

2301000

-0

2301000

180902000

-0

180902000

206000 -0 -0 -0 206000

19600000

-0

19600000

21600000

105846000

-0

78177000

-0

78177000

333702000

27669000

361371000

4284000

-144934000

5819000

-9355000

-148470000

643918000

5757000

24026000

673701000

498984000

11576000

14671000

525231000

<table cellpadding="0" cellspacing="0" style="width:632.25pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:19.5pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Moving & Storage Consolidated</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property & Casualty Insurance (a)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life Insurance (a)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Elimination</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AMERCO Consolidated</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:326.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cash flows from operating activities:</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:326.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net earnings</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">291,391</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,399</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,243</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(15,642)</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">291,391</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Earnings from consolidated entities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(15,642)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">15,642</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Adjustments to reconcile net earnings to cash provided by operations:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Depreciation</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">287,383</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">287,383</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of deferred policy acquisition costs</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,930</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,930</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of premiums and accretion of discounts related to investments, net</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">619</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,838</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,457</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Amortization of debt issuance costs</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,013</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,013</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest credited to policyholders</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,726</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,726</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Change in allowance for losses on trade receivables</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">313</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(4)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">309</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Change in allowance for inventories and parts reserve</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,148</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,148</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net gains on disposal of personal property</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(28,331)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(28,331)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net losses on disposal of real estate</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net (gains) losses on sales of investments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(66)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">121</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">55</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net losses on equity investments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,344</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,344</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Deferred income taxes</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">89,160</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(116)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(559)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">88,485</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net change in other operating assets and liabilities:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Reinsurance recoverables and trade receivables</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(14,166)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,151</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,438)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(14,453)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Inventories and parts</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(4,347)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(4,347)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Prepaid expenses</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(17,709)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(17,709)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Capitalization of deferred policy acquisition costs</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(12,926)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(12,926)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other assets</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">58,539</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">80</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(480)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">58,139</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Related party assets</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,798</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,617)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,181</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Accounts payable and accrued expenses</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">49,346</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,106</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,292</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">57,744</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Policy benefits and losses, claims and loss expenses payable</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(54,882)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,166</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,942</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(49,774)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other policyholders' funds and liabilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">14</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,288</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,302</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Deferred income</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(124)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(124)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Related party liabilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(2,207)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(453)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(616)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(3,276)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net cash provided by operating activities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">649,693</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,627</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">41,357</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">702,677</td></tr><tr style="height:5.25pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cash flows from investing activities:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Escrow deposits</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,362</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,362</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Purchases of:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property, plant and equipment</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,114,544)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,114,544)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Short term investments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(22,092)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(243)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(22,335)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fixed maturities investments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(17,588)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(222,384)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(239,972)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Equity securities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(957)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(957)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Preferred stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(81)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(81)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Real estate</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(144)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(74)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(218)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Mortgage loans</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(4,612)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(19,520)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(24,132)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Proceeds from sales and paydowns of:</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property, plant and equipment</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">429,910</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">429,910</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Short term investments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">24,568</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">24,568</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fixed maturities investments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,302</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">57,349</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">64,651</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Real estate</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,125</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,125</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Mortgage loans</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">422</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,490</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,912</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net cash used by investing activities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(683,272)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(11,019)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(173,420)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:2.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:45.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(867,711)</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:326.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(page 1 of 2)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Balance for the period ended June 30, 2018</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:70.5pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:52.5pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:42pt; vertical-align:bottom"> </td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; vertical-align:bottom"> 32</td></tr></table> Consolidating cash flow statements by industry segment for the six months ended September 30, 2018 are as follows: <table cellpadding="0" cellspacing="0" style="width:632.25pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:27pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Moving & Storage Consolidated</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property & Casualty Insurance (a)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Life Insurance (a)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Elimination</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">AMERCO Consolidated</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:326.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cash flows from financing activities:</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:326.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Borrowings from credit facilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">313,299</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">313,299</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Principal repayments on credit facilities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(182,955)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(182,955)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Payment of debt issuance costs</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,420)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,420)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Capital lease payments</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(147,913)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(147,913)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Employee stock ownership plan stock</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(137)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(137)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Common stock dividend paid</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(29,385)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(29,385)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Investment contract deposits</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">179,608</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">179,608</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Investment contract withdrawals</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(71,228)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(71,228)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net cash provided (used) by financing activities</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(48,511)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">108,380</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">59,869</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Effects of exchange rate on cash</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,783)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(1,783)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Decrease in cash and cash equivalents</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(83,873)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">608</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(23,683)</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(106,948)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cash and cash equivalents at beginning of period</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:60.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">702,036</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:64.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,639</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">50,713</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:45.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">759,388</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Cash and cash equivalents at end of period</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:60.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">618,163</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:64.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,247</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">27,030</td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:36pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom">$ </td><td style="width:45.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">652,440</td></tr><tr style="height:9.75pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="10" style="width:326.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(page 2 of 2)</td></tr><tr style="height:9pt; -aw-height-rule:exactly"><td style="width:285.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(a) Balance for the period ended June 30, 2018</td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:66.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:70.5pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:52.5pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:42pt; vertical-align:bottom"> </td><td style="width:15.75pt; vertical-align:bottom"> </td><td style="width:8.25pt; vertical-align:bottom"> </td><td style="width:51.75pt; vertical-align:bottom"> </td></tr></table>

291391000

8399000

7243000

-15642000

291391000

15642000 -0 -0 -15642000 -0

287383000

11930000

619000

5838000

6457000

2013000

17726000

313000

-4000

309000

1148000

28331000

-0

28331000

10000 0 0 0 10000

66000

-121000

-0

-55000

1344000

89160000

-116000

-559000

88485000

14166000 -1151000 1438000 -0 14453000

4347000

-0

4347000

17709000

-0

17709000

-0

12926000

-0

12926000

-58539000

-80000

480000

-0

-58139000

-7798000

1617000

-0

-6181000

49346000

1106000

7292000

57744000

-54882000

1166000

3942000

-49774000

14000

3288000

3302000

-124000

-2207000

-453000

-616000

-3276000

649693000

11627000

41357000

702677000

-1362000

-0

-1362000

1114544000

-0

1114544000

-0

22092000

243000

-0

22335000

-0

17588000

222384000

-0

239972000

-0

957000

-0

957000

-0

81000

-0

81000

-0

144000

74000

-0

218000

-0

4612000

19520000

-0

24132000

429910000

24568000

7302000

57349000

64651000

1125000

422000

12490000

12912000

-683272000

-11019000

-173420000

-867711000

313299000

182955000

-0

182955000

1420000

-0

1420000

147913000

-0

147913000

137000 -0 -0 -0 137000

29385000

-0

29385000

179608000

-0

71228000

-0

71228000

-48511000

108380000

59869000

-1783000

-83873000

608000

-23683000

-106948000

702036000

6639000

50713000

759388000

618163000

7247000

27030000

652440000

12. Industry Segment and Geographic Area Data<table cellpadding="0" cellspacing="0" style="width:499.5pt; border-collapse:collapse"><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">United States</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Canada</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Consolidated</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="5" style="width:205.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="5" style="width:205.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(All amounts are in thousands of U.S. $'s)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:top">Quarter Ended September 30, 2019</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:61.5pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:63.75pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total revenues</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,092,762</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">57,452</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,150,214</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Depreciation and amortization, net of (gains) losses on disposal</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">154,968</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,883</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">157,851</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest expense</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">38,261</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">861</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">39,122</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Pretax earnings</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">200,112</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,242</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">205,354</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Income tax expense </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">47,534</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,494</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">49,028</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Identifiable assets</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,441,917</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">414,285</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,856,202</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:top">Quarter Ended September 30, 2018</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total revenues</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,049,846</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">54,661</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,104,507</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Depreciation and amortization, net of (gains) losses on disposal</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">137,537</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">997</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">138,534</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest expense</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">34,324</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">706</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">35,030</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Pretax earnings</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">208,208</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,452</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">215,660</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Income tax expense </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">50,107</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,011</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">52,118</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Identifiable assets</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,963,411</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">360,434</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,323,845</td></tr></table> <table cellpadding="0" cellspacing="0" style="width:499.5pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">United States</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Canada</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Consolidated</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="5" style="width:205.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="5" style="width:205.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(All amounts are in thousands of U.S. $'s)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:top">Six Months Ended September 30, 2019</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:61.5pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:63.75pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total revenues</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,121,336</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">108,127</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,229,463</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Depreciation and amortization, net of (gains) losses on disposal</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">296,866</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,027</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">302,893</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest expense</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">76,481</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,529</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">78,010</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Pretax earnings</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">370,959</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,109</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">380,068</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Income tax expense </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">88,648</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,672</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">91,320</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Identifiable assets</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,441,917</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">414,285</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,856,202</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:top">Six Months Ended September 30, 2018</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total revenues</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,021,141</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">102,943</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,124,084</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Depreciation and amortization, net of (gains) losses on disposal</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">268,916</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,076</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">270,992</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest expense</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">68,873</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,411</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">70,284</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Pretax earnings</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">371,470</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">13,387</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">384,857</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Income tax expense </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">89,884</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,582</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">93,466</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Identifiable assets</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,963,411</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">360,434</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,323,845</td></tr></table>

<table cellpadding="0" cellspacing="0" style="width:499.5pt; border-collapse:collapse"><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">United States</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Canada</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Consolidated</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="5" style="width:205.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="5" style="width:205.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(All amounts are in thousands of U.S. $'s)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:top">Quarter Ended September 30, 2019</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:61.5pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:63.75pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total revenues</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,092,762</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">57,452</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,150,214</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Depreciation and amortization, net of (gains) losses on disposal</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">154,968</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,883</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">157,851</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest expense</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">38,261</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">861</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">39,122</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Pretax earnings</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">200,112</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,242</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">205,354</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Income tax expense </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">47,534</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,494</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">49,028</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Identifiable assets</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,441,917</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">414,285</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,856,202</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:top">Quarter Ended September 30, 2018</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total revenues</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,049,846</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">54,661</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,104,507</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Depreciation and amortization, net of (gains) losses on disposal</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">137,537</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">997</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">138,534</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest expense</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">34,324</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">706</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">35,030</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Pretax earnings</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">208,208</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,452</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">215,660</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Income tax expense </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">50,107</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,011</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">52,118</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Identifiable assets</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,963,411</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">360,434</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,323,845</td></tr></table>

1092762000

57452000

1150214000

154968000 2883000 157851000

38261000

861000

200112000

5242000

205354000

47534000

1494000

12441917000

414285000

12856202000

1049846000

54661000

1104507000

137537000 997000 138534000

34324000

706000

208208000

7452000

215660000

50107000

2011000

10963411000

360434000

11323845000

<table cellpadding="0" cellspacing="0" style="width:499.5pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">United States</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Canada</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Consolidated</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="5" style="width:205.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="5" style="width:205.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(All amounts are in thousands of U.S. $'s)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:top">Six Months Ended September 30, 2019</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:61.5pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:63.75pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total revenues</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,121,336</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">108,127</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,229,463</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Depreciation and amortization, net of (gains) losses on disposal</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">296,866</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">6,027</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">302,893</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest expense</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">76,481</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,529</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">78,010</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Pretax earnings</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">370,959</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,109</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">380,068</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Income tax expense </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">88,648</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,672</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">91,320</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Identifiable assets</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,441,917</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">414,285</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">12,856,202</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:top">Six Months Ended September 30, 2018</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total revenues</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,021,141</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">102,943</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,124,084</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Depreciation and amortization, net of (gains) losses on disposal</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">268,916</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,076</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">270,992</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest expense</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">68,873</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,411</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">70,284</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Pretax earnings</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">371,470</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">13,387</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">384,857</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Income tax expense </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">89,884</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,582</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">93,466</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:271.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Identifiable assets</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:59.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,963,411</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:55.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">360,434</td><td style="width:10.5pt; vertical-align:bottom"> </td><td style="width:57.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">11,323,845</td></tr></table>

2121336000

108127000

2229463000

296866000 6027000 302893000

76481000

1529000

370959000

9109000

380068000

88648000

2672000

12441917000

414285000

12856202000

2021141000

102943000

2124084000

268916000 2076000 270992000

68873000

1411000

371470000

13387000

384857000

89884000

3582000

10963411000

360434000

11323845000

The components of the net periodic benefit costs with respect to postretirement benefits were as follows:<table cellpadding="0" cellspacing="0" style="width:455.25pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:172.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Quarter Ended September 30,</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:75.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2018</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:172.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:172.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:75.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Service cost for benefits earned during the period</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">292</td><td style="width:12.75pt; vertical-align:bottom">$ </td><td style="width:75.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">277</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other components of net periodic benefit costs:</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:75.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest cost on accumulated postretirement benefit</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">241</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:75.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">236</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other components</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">23</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:75.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">18</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total other components of net periodic benefit costs</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">264</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:75.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">254</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net periodic postretirement benefit cost</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">556</td><td style="width:12.75pt; vertical-align:bottom">$ </td><td style="width:75.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">531</td></tr></table> <table cellpadding="0" cellspacing="0" style="width:455.25pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:172.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Six Months Ended September 30,</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:75.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2018</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:172.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:172.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:75.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Service cost for benefits earned during the period</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">584</td><td style="width:12.75pt; vertical-align:bottom">$ </td><td style="width:75.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">554</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other components of net periodic benefit costs:</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:75.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest cost on accumulated postretirement benefit</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">482</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:75.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">472</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other components</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">45</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:75.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">35</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total other components of net periodic benefit costs</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">527</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:75.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">507</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net periodic postretirement benefit cost</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,111</td><td style="width:12.75pt; vertical-align:bottom">$ </td><td style="width:75.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,061</td></tr></table>

<table cellpadding="0" cellspacing="0" style="width:455.25pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:172.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Quarter Ended September 30,</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:75.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2018</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:172.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:172.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:75.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Service cost for benefits earned during the period</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">292</td><td style="width:12.75pt; vertical-align:bottom">$ </td><td style="width:75.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">277</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other components of net periodic benefit costs:</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:75.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest cost on accumulated postretirement benefit</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">241</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:75.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">236</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other components</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">23</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:75.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">18</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total other components of net periodic benefit costs</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">264</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:75.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">254</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net periodic postretirement benefit cost</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">556</td><td style="width:12.75pt; vertical-align:bottom">$ </td><td style="width:75.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">531</td></tr></table>

292000

277000

241000

236000

23000

18000

556000

531000

<table cellpadding="0" cellspacing="0" style="width:455.25pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:172.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Six Months Ended September 30,</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:75.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2018</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:172.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:172.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:75.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Service cost for benefits earned during the period</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">584</td><td style="width:12.75pt; vertical-align:bottom">$ </td><td style="width:75.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">554</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other components of net periodic benefit costs:</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:75.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Interest cost on accumulated postretirement benefit</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">482</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:75.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">472</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other components</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">45</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:75.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">35</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total other components of net periodic benefit costs</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:78pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">527</td><td style="width:12.75pt; vertical-align:bottom"> </td><td style="width:75.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">507</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:258pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Net periodic postretirement benefit cost</td><td style="width:6.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:78pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,111</td><td style="width:12.75pt; vertical-align:bottom">$ </td><td style="width:75.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,061</td></tr></table>

584000

554000

482000

472000

45000

35000

1111000

1061000

Assets and liabilities are recorded at fair value on the consolidated balance sheets and are measured and classified based upon a three-tiered approach to valuation. Financial assets and liabilities are recorded at fair value and are classified and disclosed in one of the following three categories:Level 1 – Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities; Level 2 – Quoted prices for identical or similar financial instruments in markets that are not considered to be active, or similar financial instruments for which all significant inputs are observable, either directly or indirectly, or inputs other than quoted prices that are observable, or inputs that are derived principally from or corroborated by observable market data through correlation or other means; andLevel 3 – Prices or valuations that require inputs that are both significant to the fair value measurement and are unobservable. These reflect management’s assumptions about the assumptions a market participant would use in pricing the asset or liability.A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement.Fair values of cash equivalents approximate carrying value due to the short period of time to maturity. Fair values of short-term investments, investments available-for-sale, long-term investments, mortgage loans and notes on real estate, and interest rate swap contracts are based on quoted market prices, dealer quotes or discounted cash flows. Fair values of trade receivables approximate their recorded value.35Our financial instruments that are exposed to concentrations of credit risk consist primarily of temporary cash investments, trade receivables, reinsurance recoverables and notes receivable. Limited credit risk exists on trade receivables due to the diversity of our customer base and their dispersion across broad geographic markets. We place our temporary cash investments with financial institutions and limit the amount of credit exposure to any one financial institution.We have mortgage receivables, which potentially expose us to credit risk. The portfolio of notes is principally collateralized by self-storage facilities and commercial properties. We have not experienced any material losses related to the notes from individual or groups of notes in any particular industry or geographic area. The estimated fair values were determined using the discounted cash flow method and using interest rates currently offered for similar loans to borrowers with similar credit ratings.The carrying amount of long-term debt and short-term borrowings are estimated to approximate fair value as the actual interest rate is consistent with the rate estimated to be currently available for debt of similar term and remaining maturity.Other investments, including short-term investments, are substantially current or bear reasonable interest rates. As a result, the carrying values of these financial instruments approximate fair value.The carrying values and estimated fair values for the financial instruments stated above and their placement in the fair value hierarchy are as follows:<table cellpadding="0" cellspacing="0" style="width:486pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="9" style="width:318.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fair Value Hierarchy</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Carrying</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total Estimated</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">As of September 30, 2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Value</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Level 1</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Level 2</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Level 3</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fair Value</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="9" style="width:318.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Assets</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="9" style="width:318.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:24pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Reinsurance recoverables and trade receivables, net</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">222,481</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">222,481</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">222,481</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Mortgage loans, net</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">241,194</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">241,194</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">241,194</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other investments</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">79,798</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">79,798</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">79,798</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">543,473</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">543,473</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">543,473</td></tr><tr style="height:4.5pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Liabilities</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:26.25pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Notes, loans and finance/capital leases payable</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,497,912</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,497,912</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,497,912</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,497,912</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,497,912</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,497,912</td></tr></table> <table cellpadding="0" cellspacing="0" style="width:486pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="9" style="width:318.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fair Value Hierarchy</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Carrying</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total Estimated</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">As of March 31, 2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Value</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Level 1</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Level 2</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Level 3</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fair Value</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="9" style="width:318.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Assets</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:24pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Reinsurance recoverables and trade receivables, net</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">224,785</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">224,785</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">224,785</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Mortgage loans, net</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">225,829</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">225,829</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">225,829</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other investments</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">74,907</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">74,907</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">74,907</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">525,521</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">525,521</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">525,521</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Liabilities</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Notes, loans and leases payable</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,192,243</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,192,243</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,192,243</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,192,243</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,192,243</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,192,243</td></tr></table> The following tables represent the financial assets and liabilities on the condensed consolidated balance sheets as of September 30, 2019 and March 31, 2019 that are measured at fair value on a recurring basis and the level within the fair value hierarchy.36<table cellpadding="0" cellspacing="0" style="width:490.5pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">As of September 30, 2019</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Level 1</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Level 2</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Level 3</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="7" style="width:282pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Assets</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="7" style="width:282pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:21pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Short-term investments</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">382,502</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">382,252</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">250</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fixed maturities - available for sale</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,385,120</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,502</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,377,399</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">219</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Preferred stock</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,023</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,023</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Common stock</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">19,207</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">19,207</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Derivatives</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,198</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,174</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">24</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,801,050</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">423,158</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:57pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,377,673</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">219</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Liabilities</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Derivatives</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">–</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,348</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:57pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,348</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr></table> <table cellpadding="0" cellspacing="0" style="width:492pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">As of March 31, 2019</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Level 1</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Level 2</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Level 3</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="7" style="width:283.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Assets</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:21pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Short-term investments</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">463,847</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">463,599</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">248</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fixed maturities - available for sale</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,209,761</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,327</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,202,213</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">221</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Preferred stock</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,257</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,257</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Common stock</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,379</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,379</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Derivatives</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,607</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,468</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">139</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,700,851</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">498,030</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,202,600</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">221</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Liabilities</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Derivatives</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr></table> The fair value measurements for our assets using significant unobservable inputs (Level 3) were $0.2 million for both September 30, 2019 and March 31, 2019.

<table cellpadding="0" cellspacing="0" style="width:486pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="9" style="width:318.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fair Value Hierarchy</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Carrying</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total Estimated</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">As of September 30, 2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Value</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Level 1</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Level 2</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Level 3</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fair Value</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="9" style="width:318.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Assets</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="9" style="width:318.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:24pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Reinsurance recoverables and trade receivables, net</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">222,481</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">222,481</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">222,481</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Mortgage loans, net</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">241,194</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">241,194</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">241,194</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other investments</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">79,798</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">79,798</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">79,798</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">543,473</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">543,473</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">543,473</td></tr><tr style="height:4.5pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Liabilities</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:26.25pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Notes, loans and finance/capital leases payable</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,497,912</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,497,912</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,497,912</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,497,912</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,497,912</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,497,912</td></tr></table>

222481000 0 0 222481000 222481000

241194000

79798000

543473000 0 0 543473000 543473000

4497912000

4497912000 0 4497912000 0 4497912000

<table cellpadding="0" cellspacing="0" style="width:486pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="9" style="width:318.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fair Value Hierarchy</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Carrying</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total Estimated</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">As of March 31, 2019</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Value</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Level 1</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Level 2</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Level 3</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fair Value</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="9" style="width:318.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Assets</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:24pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Reinsurance recoverables and trade receivables, net</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">224,785</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">224,785</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">224,785</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Mortgage loans, net</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">225,829</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">225,829</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">225,829</td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Other investments</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">74,907</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">74,907</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">74,907</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">525,521</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">525,521</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">525,521</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Liabilities</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Notes, loans and leases payable</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,192,243</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,192,243</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:46.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:74.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,192,243</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:147pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,192,243</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,192,243</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:46.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:74.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">4,192,243</td></tr></table>

224785000 0 0 224785000 224785000

225829000

74907000

525521000 0 0 525521000 525521000

4192243000

4192243000 0 4192243000 0 4192243000

<table cellpadding="0" cellspacing="0" style="width:490.5pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">As of September 30, 2019</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Level 1</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Level 2</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Level 3</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="7" style="width:282pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Assets</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="7" style="width:282pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:21pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Short-term investments</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">382,502</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">382,252</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">250</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fixed maturities - available for sale</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,385,120</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,502</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,377,399</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">219</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Preferred stock</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,023</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">9,023</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Common stock</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">19,207</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">19,207</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Derivatives</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,198</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">5,174</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">24</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,801,050</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">423,158</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:57pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,377,673</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">219</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Liabilities</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Derivatives</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">–</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:57pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,348</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:57pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,348</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr></table>

382502000

382252000

250000

2385120000

7502000

2377399000

219000

9023000 9023000 0 0 19207000 19207000 0 0

5198000

5174000

24000

2801050000

423158000

2377673000

219000

2348000

<table cellpadding="0" cellspacing="0" style="width:492pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">As of March 31, 2019</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Level 1</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Level 2</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Level 3</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="7" style="width:283.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Assets</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:21pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Short-term investments</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">463,847</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">463,599</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">248</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Fixed maturities - available for sale</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,209,761</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,327</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,202,213</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">221</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Preferred stock</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,257</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">8,257</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Common stock</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,379</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">17,379</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Derivatives</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,607</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,468</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">139</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,700,851</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">498,030</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,202,600</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">221</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Liabilities</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Derivatives</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:58.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:186pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:4.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:58.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr></table>

463847000

463599000

248000

2209761000

7327000

2202213000

221000

8257000 8257000 0 0 17379000 17379000 0 0

1607000

1468000

139000

2700851000

498030000

2202600000

221000

Revenue Recognized in Accordance with Topic 606In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606), an updated standard on revenue recognition. The standard outlines a five-step model for entities to use in accounting for revenue arising from contracts with customers. The standard applies to all contracts with customers except for leases, insurance contracts, financial instruments, certain nonmonetary exchanges and certain guarantees. The standard also requires expanded disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments. ASU 2014-09 became effective for us on April 1, 2018 and was adopted on a modified retrospective basis. Due to insignificant changes in our revenue recognition pattern for applicable revenue streams as a result of the updated guidance, there was no cumulative effect recorded. Additionally, we elected to use the practical expedient for contracts that begin and end within the same reporting period in applying the updated guidance to our applicable revenue streams. We performed an impact assessment by analyzing certain existing material revenue transactions and arrangements that are representative of our business segments and their revenue streams. Additionally, we assessed any potential impacts on our internal controls and processes related to both the implementation and ongoing compliance of the new guidance. The adoption of the standard did not have a material effect on our Consolidated Balance Sheets, Consolidated Statements of Operations, or Consolidated Statements of Cash Flows.We enter into contracts that may include various combinations of products and services, which are generally capable of being distinct and accounted for as separate performance obligations. Revenue is recognized net of amounts collected from customers for taxes, such as sales tax, and remitted to the applicable taxing authorities. We account for a contract under Topic 606 when it has approval and commitment from both parties, the rights of the parties are identified, payment terms are identified, the contract has commercial substance and collectability of consideration is probable. For contracts scoped into this standard, revenue is recognized when (or as) the performance obligations are satisfied by means of transferring goods or services to the customer as applicable to each revenue stream as discussed below. There were no material contract assets or liabilities as of September 30, 2019 and March 31, 2019.Sales of self-moving and self-storage related products are recognized at the time that title passes and the customer accepts delivery. The performance obligations identified for this portfolio of contracts include moving and storage product sales, installation services and/or propane sales. Each of these performance obligations has an observable stand-alone selling price. We concluded that the performance obligations identified are satisfied at a point in time under Topic 606, which is consistent with the timing of our revenue recognition under legacy guidance. The basis for this conclusion is that the customer does not receive the product/propane or benefit from the installation services until the related performance obligation is satisfied. These products/services being provided have an alternative use as they are not customized and can be sold/provided to any customer. In addition, we only have the right to receive payment once the products have been transferred to the customer or the installation services have been completed. Although product sales have a right of return policy, our estimated obligation for future product returns is not material to the financial statements at this time. Property management fees are recognized over the period that agreed-upon services are provided. The performance obligation for this portfolio of contracts is property management services, which represents a series of distinct days of service, each of which is comprised of activities that may vary from day to day. However, those tasks are activities to fulfill the property management services and are not separate promises in the contract. We determined that each increment of the promised service is distinct in accordance with paragraph 606-10-25-19. This is because the customer can benefit from each increment of service on its own and each increment of service is separately identifiable because no day of service significantly modifies or customizes another and no day of service significantly affects either the entity’s ability to fulfill another day of service or the benefit to the customer of another day of service. As such, we concluded that the performance obligation is satisfied over time under Topic 606, which is consistent with the timing of our revenue recognition under legacy guidance for the Management Fee component of the compensation received in exchange for the service. Additionally, in certain contracts the Company has the ability to earn an incentive fee based on operational results. Historically, these fees38have been recognized once fully determinable. Under Topic 606, we measure and recognize the progress toward completion of the performance obligation on a quarterly basis using the most likely amount method to determine an accrual for the incentive fee portion of the compensation received in exchange for the property management service. The variable consideration recognized is subject to constraints due to a range of possible consideration amounts based on actual operational results. The amount accrued in the second quarter of fiscal 2020 did not have a material effect on our financial statements.Other revenue consists of numerous services or rentals, of which U-Box contracts and service fees from Moving Help are the main components. The performance obligations identified for U-Box contracts are fees for rental, storage and shipping of U-Box containers to a specified location, each of which are distinct. A contract may be partially within the scope of Topic 606 and partially within the scope of other topics. The rental and storage obligations in U-Box contracts meet the definition of a lease in Topic 842, while the shipping obligation represents a contract with a customer accounted for under Topic 606. Therefore, we allocate the total transaction price between the performance obligations of storage fees and rental fees and the shipping fees on a standalone selling price basis. U-Box shipping fees are collected once the shipment is in transit. Shipping fees in U-Box contracts are set at the initiation of the contract based on the shipping origin and destination, and the performance obligation is satisfied over time under Topic 606 which is consistent with the timing of our revenue recognition under legacy guidance. U-Box shipping contracts span over a relatively short period of time, and the majority of these contracts begin and end within the same fiscal year. Moving Help services fees are recognized in accordance with Topic 606. Moving Help services are generated as we provide a neutral venue for the connection between the service provider and the customer for agreed upon services. We do not control the specified services provided by the service provider before that service is transferred to the customer. Revenue Recognized in Accordance withTopic 842/840The Company’s self-moving rental revenues meet the definition of a lease pursuant to the guidance in ASU 2016-02, Leases (Topic 842) because those substitution rights do not provide an economic benefit to the Company that would exceed the cost of exercising the right. Therefore, upon adoption of ASU 2016-02 on April 1, 2019, self-rental contracts are being accounted for as leases. We do not expect this change to result in a change in the timing and pattern of recognition of the related revenues due to the short-term nature of the self-moving rental contracts. Please see Note 8, Leases, of the Notes to Condensed Consolidated Financial Statements.Self-moving rentals are recognized over the contract period that trucks and moving equipment are rented. We offer two types of self-moving rental contracts, one-way rentals and in-town rentals, which have varying payment terms. Customer payment is received at the initiation of the contract for one-way rentals which covers an allowable limit for equipment usage. An estimated fee in the form of a deposit is received at the initiation of the contract for in-town rentals, and final payment is received upon the return of the equipment based on actual fees incurred. The contract price is estimated at the initiation of the contract, as there is variable consideration associated with ratable fees incurred based on the number of days the equipment is rented and the number of miles driven. Variable consideration is estimated using the most likely amount method which is based on the intended use of the rental equipment by the customer at the initiation of the contract. Historically, the variability in estimated transaction pricing compared to actual is not significant due to the relatively short duration of rental contracts. Each performance obligation has an observable stand-alone selling price. The input method of passage of time is appropriate as there is a direct relationship between our inputs and the transfer of benefit to the customer over the life of the contract. Self-moving rental contracts span a relatively short period of time, and the majority of these contracts began and ended within the same fiscal year. Self-storage revenues are recognized as earned over the contract period based upon the number of paid storage contract days. Self-storage revenues are recognized in accordance with existing guidance in Topic 840 – Leases.We lease portions of our operating properties to tenants under agreements that are classified as operating leases. We recognize the total minimum lease payments provided for under the leases on a straight-line basis over the lease term. Generally, under the terms of our leases, the majority of our rental expenses, including common area maintenance, real estate taxes and insurance, are recovered from our customers. 39The following table summarizes the minimum lease payments due from our customers and operating property tenants on leases for the next five years and thereafter: <table cellpadding="0" cellspacing="0" style="width:465.75pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:141pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="11" style="width:304.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Year Ended September 30,</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:141pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2020</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2021</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2022</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2023</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2024</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:53.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Thereafter</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:141pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="11" style="width:304.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:141pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="11" style="width:304.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:141pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:53.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:141pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-moving equipment rentals</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,754</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:53.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:141pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property lease revenues</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">21,404</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">16,871</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">13,603</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,410</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,163</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:53.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">54,788</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:141pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:36pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">25,158</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:36pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">16,871</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:36pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">13,603</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:36pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,410</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:36pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,163</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:53.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">54,788</td></tr></table>The amounts above do not reflect future rental revenue from the renewal or replacement of existing leases.Revenue Recognized in Accordance with Other TopicsTraditional life and Medicare supplement insurance premiums are recognized as revenue over the premium-paying periods of the contracts when due from the policyholders. For products where premiums are due over a significantly shorter duration than the period over which benefits are provided, such as our single premium whole life product, premiums are recognized when received and excess profits are deferred and recognized in relation to the insurance in force. Life insurance premiums are recognized in accordance with existing guidance in Topic 944 – Financial Services – Insurance.Property and casualty insurance premiums are recognized as revenue over the policy periods. Interest and investment income are recognized as earned. Property and casualty premiums are recognized in accordance with existing guidance in Topic 944 – Financial Services – Insurance.Net investment and interest income has multiple components. Interest income from bonds and mortgage notes are recognized when earned. Dividends on common and preferred stocks are recognized on the ex-dividend dates. Realized gains and losses on the sale or exchange of investments are recognized at the trade date. Net investment and interest income is recognized in accordance with existing guidance in Topic 825 – Financial Instruments.In the following tables, revenue is disaggregated by timing of revenue recognition: <table cellpadding="0" cellspacing="0" style="width:428.25pt; border-collapse:collapse"><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:150pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Quarter Ended September 30,</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:7.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2018</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:150pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:150pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues recognized over time:</td><td style="width:12pt; vertical-align:bottom">$ </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">48,986</td><td style="width:13.5pt; vertical-align:bottom">$ </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">835,307</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues recognized at a point in time:</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">86,265</td><td style="width:7.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">84,719</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total revenues recognized under ASC 606</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">135,251</td><td style="width:7.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">920,026</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues recognized under ASC 842 or 840</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">929,790</td><td style="width:7.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">102,831</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues recognized under ASC 944</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">52,075</td><td style="width:7.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">53,423</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues recognized under ASC 320</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">33,098</td><td style="width:7.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">28,227</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total revenues</td><td style="width:12pt; vertical-align:bottom">$ </td><td style="width:65.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,150,214</td><td style="width:13.5pt; vertical-align:bottom">$ </td><td style="width:65.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,104,507</td></tr></table> <table cellpadding="0" cellspacing="0" style="width:426pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">40 </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:159pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Six Months Ended September 30,</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:69.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2018</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:159pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:159pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:69.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues recognized over time:</td><td style="width:12pt; vertical-align:bottom">$ </td><td style="width:69.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">88,065</td><td style="width:9.75pt; vertical-align:bottom">$ </td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,593,043</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues recognized at a point in time:</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:69.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">177,436</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">174,909</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total revenues recognized under ASC 606</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:69.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">265,501</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,767,952</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:69.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues recognized under ASC 842 or 840</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:69.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,794,994</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">198,688</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues recognized under ASC 944</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:69.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">100,121</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">104,612</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues recognized under ASC 320</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:69.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">68,847</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">52,832</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total revenues</td><td style="width:12pt; vertical-align:bottom">$ </td><td style="width:69.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,229,463</td><td style="width:9.75pt; vertical-align:bottom">$ </td><td style="width:73.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,124,084</td></tr></table>In the above tables, the revenues recognized over time include self-moving equipment rentals, property management fees, the shipping fees associated with U-Box rentals and a portion of other revenues for the second quarter and first six months ended September 30, 2018. Whereas revenues recognized at a point in time include self-moving and self-storage products and service sales and a portion of other revenues. Self-moving equipment rentals are now in revenues recognized under ASC 842/840 as of April 1, 2019.We recognized liabilities resulting from contracts with customers for self-moving equipment rentals, self-storage revenues, U-Box revenues and tenant revenue, in which the length of the contract goes beyond the reported period end, although rental periods of the equipment, storage and U-Box contract are generally short-term in nature. The timing of revenue recognition results in liabilities that are reflected in deferred income on the balance sheet.

<table cellpadding="0" cellspacing="0" style="width:465.75pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:141pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="11" style="width:304.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Year Ended September 30,</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:141pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2020</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2021</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2022</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2023</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2024</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:53.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Thereafter</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:141pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="11" style="width:304.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:141pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="11" style="width:304.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:141pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:53.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:141pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Self-moving equipment rentals</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">3,754</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:53.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">0</td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:141pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Property lease revenues</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">21,404</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">16,871</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">13,603</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,410</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:36pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,163</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:53.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">54,788</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:141pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:36pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">25,158</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:36pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">16,871</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:36pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">13,603</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:36pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">10,410</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:36pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">7,163</td><td style="width:2.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">$</td><td style="width:53.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">54,788</td></tr></table>

3754000

21404000

16871000

13603000

10410000

7163000

54788000

25158000

16871000

13603000

10410000

7163000

54788000

<table cellpadding="0" cellspacing="0" style="width:428.25pt; border-collapse:collapse"><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:150pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Quarter Ended September 30,</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:7.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2018</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:150pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:150pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues recognized over time:</td><td style="width:12pt; vertical-align:bottom">$ </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">48,986</td><td style="width:13.5pt; vertical-align:bottom">$ </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">835,307</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues recognized at a point in time:</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">86,265</td><td style="width:7.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">84,719</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total revenues recognized under ASC 606</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">135,251</td><td style="width:7.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">920,026</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:7.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues recognized under ASC 842 or 840</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">929,790</td><td style="width:7.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">102,831</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues recognized under ASC 944</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">52,075</td><td style="width:7.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">53,423</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues recognized under ASC 320</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">33,098</td><td style="width:7.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:65.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">28,227</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:254.25pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total revenues</td><td style="width:12pt; vertical-align:bottom">$ </td><td style="width:65.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,150,214</td><td style="width:13.5pt; vertical-align:bottom">$ </td><td style="width:65.25pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,104,507</td></tr></table>

48986000 835307000 86265000 84719000 135251000 920026000 929790000 102831000 52075000 53423000 33098000 28227000

1150214000

1104507000

<table cellpadding="0" cellspacing="0" style="width:426pt; margin-left:0.1pt; border-collapse:collapse"><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">40 </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:159pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Six Months Ended September 30,</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:69.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2019</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2018</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:159pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(Unaudited)</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td colspan="3" style="width:159pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">(In thousands)</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:69.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:12.75pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues recognized over time:</td><td style="width:12pt; vertical-align:bottom">$ </td><td style="width:69.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">88,065</td><td style="width:9.75pt; vertical-align:bottom">$ </td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,593,043</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues recognized at a point in time:</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:69.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">177,436</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">174,909</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total revenues recognized under ASC 606</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:69.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">265,501</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:solid; border-bottom-width:0.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,767,952</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:69.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues recognized under ASC 842 or 840</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:69.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">1,794,994</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">198,688</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues recognized under ASC 944</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:69.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">100,121</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">104,612</td></tr><tr style="height:15pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Revenues recognized under ASC 320</td><td style="width:6pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:69.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">68,847</td><td style="width:3.75pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom"> </td><td style="width:73.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">52,832</td></tr><tr style="height:13.5pt; -aw-height-rule:exactly"><td style="width:243pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">Total revenues</td><td style="width:12pt; vertical-align:bottom">$ </td><td style="width:69.75pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,229,463</td><td style="width:9.75pt; vertical-align:bottom">$ </td><td style="width:73.5pt; border-top-style:solid; border-top-width:0.75pt; border-bottom-style:double; border-bottom-width:1.5pt; padding-right:3pt; padding-left:3pt; vertical-align:bottom">2,124,084</td></tr></table>

88065000 1593043000 177436000 174909000 265501000 1767952000 1794994000 198688000 100121000 104612000 68847000 52832000

2229463000

2124084000

Adoption of New Accounting PronouncementsOn April 1, 2019, we adopted ASU 2016-02, “Leases (Topic 842)” along with related updates, which require a lessee to recognize all leases with terms greater than 12 months on their balance sheet as a liability for its lease obligation, measured at the present value of lease payments not yet paid, and a corresponding asset representing its right to use the underlying asset over the lease term. The new leasing standard does not significantly change a lessee’s recognition, measurement and presentation of expenses and cash flows. Additionally, Topic 842 aligns key aspects of lessor accounting with the new revenue recognition guidance in Topic 606 (see ASU 2014-09 on the previous page) and expands disclosure of key information about leasing arrangements in an attempt to help financial statement users better understand the amount, timing, and uncertainty of cash flows arising from leases. We have determined portions of the vehicle rental contracts that convey the right to control the use of identified assets are within the scope of the accounting guidance contained in the new leasing standard. As we disclosed in our discussion of ASU 2014-09, the Company’s rental related revenues are accounted for under the revenue accounting standard Topic 606. Topic 842 maintains the dual model for lease accounting, requiring leases to be classified as either operating or finance, with lease classification determined in a manner similar to existing lease guidance. The basic principle is that leases of all types convey the right to direct the use and obtain substantially all the economic benefits of an identified asset, meaning they create an asset and liability for lessees. Lessees classify leases as either finance leases (comparable to current capital leases) or operating leases (comparable to current operating leases). Costs for a finance lease are split between amortization and interest expense, with operating leases reporting a single lease expense.41 Topic 842 substantially changed the accounting for sale-leasebacks going forward, where we are to assess if the contract qualifies as a sale under ASC 606. We have determined that our equipment sale-leasebacks do not qualify as a sale, as the buyer-lessors do not obtain control of the assets in our ongoing sale-leaseback arrangements. As a result, we expect future sale-leasebacks to be accounted for as a financial liability and the leased assets will be capitalized at cost. As all existing sale-leasebacks have been accounted for as a sale, we did not reassess any existing sale-leaseback transactions. We adopted the new leasing standard using the Effective Date Approach, which allows entities to only apply the new lease standard in the year of adoption. We elected the available practical expedients for existing or expired contracts of lessees and lessors wherein the Company is not required to reassess whether such contracts contain leases, the lease classification or the initial direct costs. Additionally, we elected as accounting policies to not recognize right of use assets or lease liabilities for short-term leases (i.e. those with a term of 12 months or less) and to combine lease and non-lease components in the contract for both lessee and lessor arrangements. Adoption of this standard resulted in most of our operating lease commitments being recognized as operating lease liabilities and right-of-use assets. Please see Note 8, Leases, of the Notes to Consolidated Financial Statements.In March 2017, the FASB issued ASU 2017-08, Receivables – Nonrefundable Fees and Other Cost (Subtopic 310-20), Premium Amortization on Purchased Callable Debt Securities. These amendments shorten the amortization period for certain callable debt securities held at a premium. Specifically, the amendments require the premium to be amortized to the earliest call date. The amendments do not require an accounting change for securities held at a discount; the discount continues to be amortized to maturity. The guidance is effective for public business entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. Early adoption is permitted, including adoption in an interim period. If an entity early adopts in an interim period, any adjustments should be reflected as of the beginning of the fiscal year that includes the interim period. The amendments should be applied on a modified retrospective basis, with a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption. The adoption of the standard did not have a material impact on our consolidated financial statements.Recent Accounting PronouncementsIn June 2016, FASB issued ASU 2016-13, Financial Instruments – Credit Losses: Measurement of Credit Losses on Financial Instruments. This standard requires the measurement and recognition of expected credit losses held at amortized cost. This new standard requires the use of forward-looking information to estimate credit losses and requires credit losses for available for sale debt securities to be recorded through an allowance for credit losses rather than a reduction in the amortized cost basis. This update is effective for public companies for annual reporting periods beginning after December 15, 2019. We are currently evaluating the impact of this standard on our consolidated financial statements.In August 2018, the FASB adopted ASU 2018-12, Targeted Improvements to the Accounting for Long-Duration Contracts (“ASU 2018-12”). The amendments in this update require insurance companies to annually review and update the assumptions used for measuring the liability under long-duration contracts, such as life insurance, disability income, and annuities. The amendments are effective for fiscal years, and interim periods within those fiscal years, beginning after December 31, 2020. We are currently in the process of evaluating the impact of the adoption of this amendment on our financial statements; however, the adoption of ASU 2018-12 will impact the statements of operations because the effect of any update to the assumptions we used at the inception of the contracts will be recorded in net income.42In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820) - Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement (“ASU 2018-13”), which modifies the disclosures on fair value measurements by removing the requirement to disclose the amount and reasons for transfers between Level 1 and Level 2 of the fair value hierarchy and the policy for the timing of such transfers. ASU 2018-13 expands the disclosure requirements for Level 3 fair value measurements, primarily focused on changes in unrealized gains and losses included in other comprehensive income. ASU 2018-13 is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. We are currently evaluating the impact of this update on our disclosures in the Notes to Consolidated Financial Statements. In August 2018, the FASB issued ASU 2018-14, Compensation - Retirement Benefits - Defined Benefit Plans - General Subtopic 715-20 - Disclosure Framework - Changes to the Disclosure Requirements for Defined Benefit Plans (“ASU 2018-14”), which amends ASC 715 to add, remove, and clarify disclosure requirements related to defined benefit pension and other postretirement plans. ASU 2018-14 is effective for fiscal years ending after December 15, 2020. We are currently evaluating the impact of this standard on our consolidated financial statements.From time to time, new accounting pronouncements are issued by the FASB or the SEC that are adopted by us as of the specified effective date. Unless otherwise discussed, these ASUs entail technical corrections to existing guidance or affect guidance related to specialized industries or entities and therefore will have minimal, if any, impact on our financial position or results of operations upon adoption.