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Condensed Financial Information of Amerco | 12 Months Ended
--- | ---
Mar. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Condensed Financial Information of Amerco | SCHEDULE I CONDENSED FINANCIAL INFORMATION OF AMERCO BALANCE SHEETS
|  | March 31,
|  | 2015 |  | 2014
|  | (In thousands)
ASSETS
Cash and cash equivalents | $ | 291,550 | $ | 321,544
Investment in subsidiaries |  | 813,735 |  | 493,612
Related party assets |  | 1,225,044 |  | 1,150,671
Other assets |  | 85,409 |  | 18,712
Total assets | $ | 2,415,738 | $ | 1,984,539
LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities: |  |  |  |
Other liabilities | $ | 524,988 | $ | 455,952
|  | 524,988 |  | 455,952
Stockholders' equity: |  |  |  |
Preferred stock |  | – |  | –
Common stock |  | 10,497 |  | 10,497
Additional paid-in capital |  | 449,878 |  | 444,420
Accumulated other comprehensive loss |  | (34,365) |  | (53,923)
Retained earnings: |  |  |  |
Beginning of period |  | 1,805,243 |  | 1,482,420
Net earnings |  | 356,741 |  | 342,391
Dividends |  | (19,594) |  | (19,568)
End of period |  | 2,142,390 |  | 1,805,243
Cost of common shares in treasury |  | (525,653) |  | (525,653)
Cost of preferred shares in treasury |  | (151,997) |  | (151,997)
Total stockholders' equity |  | 1,890,750 |  | 1,528,587
Total liabilities and stockholders' equity | $ | 2,415,738 | $ | 1,984,539
The accompanying notes are an integral part of these condensed consolidated financial statements. CONDENSED FINANCIAL INFORMATION OF AMERCO STATEMENTS OF OPERATIONS
|  | Years Ended March 31,
|  | 2015 |  | 2014 |  | 2013
|  | (In thousands, except share and per share data)
Revenues: |  |  |  |  |  |
Net interest income and other revenues | $ | 4,862 | $ | 6,465 | $ | 5,329
Expenses: |  |  |  |  |  |
Operating expenses |  | 7,055 |  | 6,636 |  | 13,611
Other expenses |  | 99 |  | 97 |  | 97
Total expenses |  | 7,154 |  | 6,733 |  | 13,708
Equity in earnings of subsidiaries |  | 300,566 |  | 287,803 |  | 212,164
Interest income |  | 75,241 |  | 86,916 |  | 91,125
Pretax earnings |  | 373,515 |  | 374,451 |  | 294,910
Income tax expense |  | (16,774) |  | (32,060) |  | (30,202)
Earnings available to common shareholders | $ | 356,741 | $ | 342,391 | $ | 264,708
Basic and diluted earnings per common share | $ | 18.21 | $ | 17.51 | $ | 13.56
Weighted average common shares outstanding: Basic and diluted |  | 19,586,633 |  | 19,558,758 |  | 19,518,779
The accompanying notes are an integral part of these condensed consolidated financial statements. CONDENSED FINANCIAL INFORMATION OF AMERCO STATEMENTS OF comprehensive income
|  | Years Ended March 31,
|  | 2015 |  | 2014 |  | 2013
|  | (In thousands, except share and per share data)
Net earnings | $ | 356,741 | $ | 342,391 | $ | 264,708
Other comprehensive income (loss) |  | 19,558 |  | (31,243) |  | 22,756
Total comprehensive income | $ | 376,299 | $ | 311,148 | $ | 287,464
STATEMENTS OF CASH FLOW
|  | Years Ended March 31,
|  | 2015 |  | 2014 |  | 2013
|  | (In thousands)
Cash flows from operating activities: |  |  |  |  |  |
Net earnings | $ | 356,741 | $ | 342,391 | $ | 264,708
Change in investments in subsidiaries |  | (300,566) |  | (287,803) |  | (212,164)
Adjustments to reconcile net earnings to cash provided by operations: |  |  |  |  |  |
Depreciation |  | 6 |  | 5 |  | 5
Net gain on sale of investments |  | – |  | (1,325) |  | (76)
Deferred income taxes |  | 66,628 |  | 34,605 |  | 9,206
Net change in other operating assets and liabilities: |  |  |  |  |  |
Prepaid expenses |  | (66,786) |  | 3,938 |  | (12,979)
Other assets |  | 84 |  | (41) |  | 365
Related party assets |  | (539) |  | – |  | –
Accounts payable and accrued expenses |  | 5,239 |  | 6,589 |  | 2,659
Net cash provided by operating activities |  | 60,807 |  | 98,359 |  | 51,724
Cash flows from investing activities: |  |  |  |  |  |
Purchases of property, plant and equipment |  | – |  | (2) |  | (2)
Proceeds of equity securities |  | – |  | 26,569 |  | 372
Net cash provided by investing activities |  | – |  | 26,567 |  | 370
Cash flows from financing activities: |  |  |  |  |  |
Proceeds from (repayments) of intercompany loans |  | (71,207) |  | (110,933) |  | 172,444
Common stock dividends paid |  | (19,594) |  | (19,568) |  | (97,421)
Contribution to related party |  | – |  | – |  | (1,500)
Net cash provided (used) by financing activities |  | (90,801) |  | (130,501) |  | 73,523
Increase (decrease) in cash and cash equivalents |  | (29,994) |  | (5,575) |  | 125,617
Cash and cash equivalents at beginning of period |  | 321,544 |  | 327,119 |  | 201,502
Cash and cash equivalents at end of period | $ | 291,550 | $ | 321,544 | $ | 327,119
Income taxes paid, net of income taxes refunds received, amounted to $195.1 million, $138.4 million and $144.7 million for fiscal 2015, 2014 and 2013, respectively. The accompanying notes are an integral part of these condensed consolidated financial stat ements.

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=51664549&loc=d3e5283-111683 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 05 -Paragraph c -Article 7 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 06 -Article 9 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph c -Article 5 + Details
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