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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues    
Insurance premiums and contract charges earned $ 185,450 $ 179,739
Net investment income 84,659 83,313
Net realized investment gains (losses) (154) 6,068
Other income 1,348 999
Total revenues 271,303 270,119
Benefits, losses and expenses    
Benefits, claims and settlement expenses 119,513 114,019
Interest credited 46,690 44,537
Policy acquisition expenses amortized 24,052 23,684
Operating expenses 42,796 35,928
Interest expense 2,935 3,552
Total benefits, losses and expenses 235,986 221,720
Income before income taxes 35,317 48,399
Income tax expense 10,164 14,124
Net income $ 25,153 $ 34,275
Net income per share    
Basic $ 0.61 $ 0.82
Diluted $ 0.61 $ 0.81
Weighted average number of shares and equivalent shares (in thousands)    
Basic 41,297 41,950
Diluted 41,492 42,300
Net realized investment gains (losses)    
Total other-than-temporary impairment losses on securities $ (3,673) $ (2,289)
Portion of losses recognized in other comprehensive income 0 0
Net other-than-temporary impairment losses on securities recognized in earnings (3,673) (2,289)
Realized gains, net 3,519 8,357
Total $ (154) $ 6,068