XML 15 R4.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Revenues:    
Self-moving equipment rentals $ 999,206 $ 1,090,775
Self-storage revenues 198,961 173,177
Self moving and self-storage products and service sales 100,872 109,351
Property management fees 9,177 9,139
Life insurance premiums 23,131 25,781
Property and casualty insurance premiums 20,322 19,972
Investment income interest and dividend 64,592 33,573
Other revenue 124,047 136,072
Total revenues 1,540,308 1,597,840
Costs and expenses:    
Operating expenses 763,241 733,167
Commission expenses 106,927 118,493
Cost of sales 70,675 79,671
Benefits and losses 45,344 39,757
Amortization of deferred policy acquisition costs 8,045 7,672
Lease expense 7,583 7,475
Depreciation, net of (gains) losses on disposals 137,814 113,796
Net (gains) losses on disposal of real estate 1,021 2,307
Total costs and expenses 1,140,650 1,102,338
Earnings from operations 399,658 495,502
Other components of net periodic benefit costs (365) (304)
Interest expense (60,598) (49,799)
Pretax earnings 338,695 445,399
Income tax expense (81,857) (107,054)
Earnings available to common stockholders 256,838 338,345
Common Stock [Member]    
Costs and expenses:    
Earnings available to common stockholders $ 0 $ 0
Basic and diluted earnings per common share $ 1.27 $ 2.18
Weighted average common shares outstanding: basic and diluted 19,607,788 19,607,788
Nonvoting Common Stock [Member]    
Costs and expenses:    
Earnings available to common stockholders $ 0 $ 0
Basic and diluted earnings per common share $ 1.31 $ 1.68
Weighted average common shares outstanding: basic and diluted 176,470,092 176,470,092
Nonvoting Common Stock [Member] | Common Stock [Member]    
Costs and expenses:    
Weighted average common shares outstanding: basic and diluted 196,077,880 196,077,880