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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues      
Insurance premiums and contract charges earned $ 731,880 $ 715,760 $ 690,938
Net investment income 332,600 329,815 313,610
Net realized investment gains 12,713 10,917 22,245
Other income 3,255 4,193 4,474
Total revenues 1,080,448 1,060,685 1,031,267
Benefits, losses and expenses      
Benefits, claims and settlement expenses 496,364 468,426 448,317
Interest credited 182,842 176,139 169,893
Policy acquisition expenses amortized 98,919 93,817 84,643
Operating expenses 157,411 161,992 160,112
Interest expense 13,122 14,198 14,236
Debt retirement costs 2,338 0 0
Total benefits, losses and expenses 950,996 914,572 877,201
Income before income taxes 129,452 146,113 154,066
Income tax expense 35,970 41,870 43,173
Net income $ 93,482 $ 104,243 $ 110,893
Net income per share      
Basic $ 2.23 $ 2.5 $ 2.75
Diluted $ 2.20 $ 2.47 $ 2.66
Weighted average number of shares and equivalent shares      
Basic 41,914,864 41,646,281 40,376,562
Diluted 42,424,806 42,230,559 41,633,240
Net realized investment gains      
Total other-than-temporary impairment losses on securities $ (23,796) $ (6,385) $ (1,532)
Portion of losses recognized in other comprehensive income (loss) (4,300) 0 0
Net other-than-temporary impairment losses on securities recognized in earnings (19,496) (6,385) (1,532)
Realized gains, net 32,209 17,302 23,777
Total $ 12,713 $ 10,917 $ 22,245