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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