XML 16 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Self-moving equipment rentals $ 931,030 $ 804,325 $ 1,585,315 $ 1,552,921
Self-storage revenues 115,273 104,965 224,228 203,239
Self moving and self-storage products and service sales 98,628 73,121 189,978 153,147
Property management fees 7,840 7,233 15,187 14,389
Life insurance premiums 31,057 32,355 61,965 65,065
Property and casualty insurance premiums 15,869 18,365 29,603 31,789
Net investment and Interest income 33,333 33,098 50,315 68,847
Other revenue 91,878 76,752 155,554 140,066
Total revenues 1,324,908 1,150,214 2,312,145 2,229,463
Costs and expenses:        
Operating expenses 574,083 565,413 1,066,745 1,099,885
Commission expenses 99,365 86,099 168,540 166,998
Cost of sales 60,933 43,930 113,764 92,859
Benefits and losses 45,452 45,825 85,029 94,831
Amortization of deferred policy acquisition costs 5,552 6,515 12,440 12,579
Lease expense 6,870 6,356 13,473 13,392
Depreciation, net of (gains) losses on disposals 137,438 151,553 303,109 292,153
Net (gains) losses on disposal of real estate 3,425 (217) 3,169 (1,839)
Total costs and expenses 933,118 905,474 1,766,269 1,770,858
Earnings from operations 391,790 244,740 545,876 458,605
Other components of net periodic benefit costs (246) (264) (493) (527)
Interest expense (40,525) (39,122) (80,046) (78,010)
Pretax earnings 351,019 205,354 465,337 380,068
Income tax expense (84,654) (49,028) (111,246) (91,320)
Earnings available to common stockholders $ 266,365 $ 156,326 $ 354,091 $ 288,748
Basic and diluted earnings per common share $ 13.58 $ 7.97 $ 18.06 $ 14.73
Weighted average common shares outstanding: basic and diluted 19,607,788 19,602,566 19,607,788 19,600,211