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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Premiums      
Revenue $ 2,182,794 $ 2,228,193 $ 2,067,202
Other policy revenues 305,256 285,549 248,526
Net investment income 1,077,406 858,367 966,077
Net realized investment gains 37,719 18,174  
Net realized investment gains (losses)     104,595
Other-than-temporary impairments (6,968) (1,243) (13,386)
Net gains (losses) on equity securities 422,535 (107,188) 0
Other income 51,401 44,530 37,986
Total premiums and other revenues 4,070,143 3,326,382 3,411,000
Policyholder benefits      
Life 449,252 417,702 410,152
Annuity 218,576 290,611 270,970
Claims incurred      
Health 109,013 122,547 103,037
Property and casualty 1,042,153 1,049,112 934,044
Interest credited to policyholders’ account balances 511,999 315,684 415,190
Commissions for acquiring and servicing policies 532,634 564,054 545,405
Other operating expenses 524,888 497,011 485,340
Change in deferred policy acquisition costs (12,749) (71,497) (81,484)
Total benefits, losses and expenses 3,375,766 3,185,224 3,082,654
Income before federal income tax and other items 694,377 141,158 328,346
Less: Provision (benefit) for federal income taxes      
Current 87,032 24,044 49,101
Deferred 78,385 (22,599) (142,096)
Total provision (benefit) for federal income taxes 165,417 1,445 (92,995)
Income after federal income tax 528,960 139,713 421,341
Equity in earnings of unconsolidated affiliates 103,501 21,281 86,674
Other components of net periodic pension costs, net of tax (684) (572) (12,408)
Net income 631,777 160,422 495,607
Less: Net income attributable to noncontrolling interest, net of tax 11,414 1,427 1,956
Net income attributable to American National $ 620,363 $ 158,995 $ 493,651
Earnings per share      
Basic (in usd per share) $ 23.08 $ 5.91 $ 18.35
Diluted (in usd per share) 23.07 5.91 18.31
Cash dividends to common stockholders (in usd per share) $ 3.28 $ 3.28 $ 3.28
Weighted average common shares outstanding (in shares) 26,882,691 26,886,357 26,896,926
Weighted average common shares outstanding and dilutive potential common shares (in shares) 26,891,243 26,916,643 26,960,695
Life      
Premiums      
Revenue $ 359,419 $ 350,012 $ 328,570
Annuity      
Premiums      
Revenue 147,139 231,027 222,207
Health      
Premiums      
Revenue 165,035 180,414 156,436
Property & Casualty      
Premiums      
Revenue $ 1,511,201 $ 1,466,740 $ 1,359,989