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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues        
Insurance premiums and contract charges earned $ 173,761 $ 167,904 $ 514,480 $ 499,743
Net investment income 78,466 76,649 233,230 228,658
Net realized investment gains (losses) (1,407) 10,762 20,872 21,060
Other income 1,064 1,233 3,470 5,936
Total revenues 251,884 256,548 772,052 755,397
Benefits, losses and expenses        
Benefits, claims and settlement expenses 112,701 106,051 346,165 344,913
Interest credited 42,924 41,411 126,430 121,844
Policy acquisition expenses amortized 20,911 20,406 63,985 60,538
Operating expenses 41,407 37,955 119,239 114,382
Interest expense 3,553 3,556 10,656 10,666
Total benefits, losses and expenses 221,496 209,379 666,475 652,343
Income before income taxes 30,388 47,169 105,577 103,054
Income tax expense 6,789 14,903 28,971 31,014
Net income 23,599 32,266 76,606 72,040
Net income per share        
Basic $ 0.59 $ 0.82 $ 1.93 $ 1.82
Diluted $ 0.57 $ 0.78 $ 1.85 $ 1.74
Weighted average number of shares and equivalent shares (in thousands)        
Basic 40,001 39,381 39,767 39,572
Diluted 41,732 41,138 41,363 41,295
Net realized investment gains (losses)        
Total other-than-temporary impairment losses on securities (11) 0 (974) 0
Portion of losses recognized in other comprehensive income 0 0 0 0
Net other-than-temporary impairment losses on securities recognized in earnings (11) 0 (974) 0
Realized gains (losses), net (1,396) 10,762 21,846 21,060
Total $ (1,407) $ 10,762 $ 20,872 $ 21,060