XML 40 R30.htm IDEA: XBRL DOCUMENT v3.4.0.3
Segment Information (Tables)
3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Summary of financial information related to segments
The following tables summarize segment financial information:
 
 
 
Three Months Ended March 31, 2016
 
 
Individual
 
Empower
 
 
 
 
 
 
Markets
 
Retirement
 
Other
 
Total
Revenue:
 
 

 
 

 
 

 
 

Premium income
 
$
133,286

 
$
346

 
$
21,295

 
$
154,927

Fee income
 
22,724

 
200,923

 
1,420

 
225,067

Other revenue
 

 
3,149

 

 
3,149

Net investment income
 
207,693

 
110,534

 
13,558

 
331,785

Realized investment gains (losses), net
 
11,806

 
19,471

 
(7
)
 
31,270

Total revenues
 
375,509

 
334,423

 
36,266

 
746,198

Benefits and expenses:
 
 

 
 

 
 

 
 

Policyholder benefits
 
267,497

 
49,917

 
19,329

 
336,743

Operating expenses
 
37,223

 
231,640

 
17,928

 
286,791

Total benefits and expenses
 
304,720

 
281,557

 
37,257

 
623,534

Income (loss) before income taxes
 
70,789

 
52,866

 
(991
)
 
122,664

Income tax expense (benefit)
 
23,834

 
651

 
(447
)
 
24,038

Net income (loss)
 
$
46,955

 
$
52,215

 
$
(544
)
 
$
98,626

 
 
 
Three Months Ended March 31, 2015
 
 
Individual
 
Empower
 
 
 
 
 
 
Markets
 
Retirement
 
Other
 
Total
Revenue:
 
 

 
 

 
 

 
 

Premium income
 
$
124,962

 
$

 
$
20,741

 
$
145,703

Fee income
 
21,502

 
202,821

 
954

 
225,277

Other revenue
 

 
1,820

 

 
1,820

Net investment income
 
217,653

 
127,730

 
13,473

 
358,856

Realized investment gains (losses), net
 
8,400

 
9,800

 

 
18,200

Total revenues
 
372,517

 
342,171

 
35,168

 
749,856

Benefits and expenses:
 
 

 
 

 
 

 
 

Policyholder benefits
 
256,323

 
49,045

 
22,303

 
327,671

Operating expenses
 
35,941

 
221,030

 
14,706

 
271,677

Total benefits and expenses
 
292,264

 
270,075

 
37,009

 
599,348

Income (loss) before income taxes
 
80,253

 
72,096

 
(1,841
)
 
150,508

Income tax expense (benefit)
 
28,222

 
24,380

 
(706
)
 
51,896

Net income (loss)
 
$
52,031

 
$
47,716

 
$
(1,135
)
 
$
98,612