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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Premiums    
Other policy revenues $ 79,605 $ 74,248
Net investment income 115,284 292,346
Net realized investment gains 4,148 2,947
Change in investment credit loss (44,678) 0
Net gains (losses) on equity securities (332,575) 206,377
Other income 11,133 11,538
Total premiums and other revenues 369,685 1,123,693
Policyholder benefits    
Life 110,466 109,465
Annuity 34,802 58,761
Claims incurred    
Health 34,885 25,767
Property and casualty 229,709 238,144
Interest credited to policyholders’ account balances (4,323) 141,234
Commissions for acquiring and servicing policies 130,435 138,645
Other operating expenses 133,926 133,610
Change in deferred policy acquisition costs (1,672) (6,631)
Total benefits, losses and expenses 668,228 838,995
Income (loss) before federal income tax and other items (298,543) 284,698
Less: Provision (benefit) for federal income taxes    
Current 24,503 13,780
Deferred (86,171) 53,597
Total provision (benefit) for federal income taxes (61,668) 67,377
Income (loss) after federal income tax (236,875) 217,321
Equity in earnings of unconsolidated affiliates 15,707 40,460
Other components of net periodic pension benefit (costs), net of tax 571 (914)
Net income (loss) (220,597) 256,867
Less: Net loss attributable to noncontrolling interest, net of tax (153) (1,350)
Net income (loss) attributable to American National $ (220,444) $ 258,217
Earnings (loss) per share    
Basic (in usd per share) $ (8.20) $ 9.60
Diluted (in usd per share) (8.20) 9.60
Cash dividends to common stockholders (in usd per share) $ 0.82 $ 0.82
Weighted average common shares outstanding (in shares) 26,881,700 26,885,719
Weighted average common shares outstanding and dilutive potential common shares (in shares) 26,891,675 26,891,904
Life    
Premiums    
Revenue $ 89,516 $ 86,468
Annuity    
Premiums    
Revenue 15,509 39,907
Health    
Premiums    
Revenue 43,086 38,681
Property and casualty    
Premiums    
Revenue $ 388,657 $ 371,181