Stockholders' Equity and Noncontrolling Interests (Tables)

6 Months Ended

Jun. 30, 2019

Equity [Abstract]

Common Stock, Amounts Outstanding

The amounts outstanding at the dates indicated are shown below:

	June 30, 2019		December 31, 2018
Common stock
Shares issued	30,832,449		30,832,449
Treasury shares	(3,945,249	)	(3,947,000	)
Outstanding shares	26,887,200		26,885,449
Restricted shares	(10,000	)	(10,000	)
Unrestricted outstanding shares	26,877,200		26,875,449

Stock-Based Compensation Information

SAR, RS and RSU information for the periods indicated are shown below:

	SAR				RS Shares			RS Units
	Shares		Weighted-Average Grant Date Fair Value		Shares	Weighted-Average Grant Date Fair Value		Units		Weighted-Average Grant Date Fair Value
Outstanding at December 31, 2018	335		$	84.41	10,000	$	80.05	18,316		$	111.12
Granted	—		—		—	—		8,250		113.19
Exercised	—		—		—	—		(18,316	)	111.12
Forfeited	—		—		—	—		—		—
Expired	(269	)	77.90		—	—		—		—
Outstanding at June 30, 2019	66		$	110.83	10,000	$	80.05	8,250		$	113.19

	SAR			RS Shares		RS Units
Weighted-average contractual remaining life (in years)	0.84			3.67		0.84
Exercisable shares	66			N/A		N/A
Weighted-average exercise price	$	110.83		$	80.05	$	111.12
Weighted-average exercise price exercisable shares	110.83			N/A		N/A
Compensation expense (credit)
Three months ended June 30, 2019	$	(12,000	)	$	20,000	$	578,000
Three months ended June 30, 2018	(5,000		)	83,000		760,000
Six months ended June 30, 2019	$	(15,000	)	$	40,000	$	941,000
Six months ended June 30, 2018	(34,000		)	284,000		549,000
Fair value of liability award
June 30, 2019	$	1,000		N/A		$	961,000
December 31, 2018	33,000			N/A		2,426,000

Summary of Basic and Diluted Earnings Per Share

	Three months ended June 30,				Six months ended June 30,
	2019		2018		2019		2018
Weighted average shares outstanding	26,881,700		26,883,276		26,883,699		26,886,196
Incremental shares from RS awards and RSUs	7,264		26,981		6,237		46,927
Total shares for diluted calculations	26,888,964		26,910,257		26,889,936		26,933,123
Net income attributable to American National (in thousands)	$	98,840	$	84,139	$	357,057	$	102,916
Basic earnings per share	$	3.68	$	3.13	$	13.28	$	3.83
Diluted earnings per share	$	3.67	$	3.12	$	13.28	$	3.82

Statutory Capital and Surplus and Net Income of Insurance Entities in Accordance with Statutory Accounting Practices

The statutory capital and surplus and net income of our life and property and casualty insurance entities in accordance with statutory accounting practices are shown below (in thousands):

	June 30, 2019		December 31, 2018
Statutory capital and surplus
Life insurance entities	$	2,146,806	$	1,989,586
Property and casualty insurance entities	1,268,057		1,183,913

	Three months ended June 30,					Six months ended June 30,
	2019		2018			2019		2018
Statutory net income (loss)
Life insurance entities	$	12,782	$	12,850		$	5,698	$	16,113
Property and casualty insurance entities	12,344		(3,828		)	50,464		9,230