XML 20 R9.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Segment and Geographical Information (Notes) | 9 Months Ended
--- | ---
Sep. 30, 2016
Segment Reporting [Abstract] |
Segment and Geographical Information | (2) Segment and Geographical Information Segments. We have two primary operating segments — Term Life Insurance and Investment and Savings Products. We also have a Corporate and Other Distributed Products segment. Results of operations by segment were as follows:
|  | Three months ended September 30, |  |  | Nine months ended September 30, |
|  | 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |
|  | (In thousands) |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Term life insurance segment |  | $ | 222,598 |  |  | $ | 197,205 |  |  | $ | 639,253 |  |  | $ | 563,795 |
Investment and savings products segment |  |  | 130,080 |  |  |  | 128,596 |  |  |  | 387,604 |  |  |  | 392,561 |
Corporate and other distributed products segment |  |  | 30,948 |  |  |  | 29,908 |  |  |  | 98,364 |  |  |  | 94,396 |
Total revenues |  | $ | 383,626 |  |  | $ | 355,709 |  |  | $ | 1,125,221 |  |  | $ | 1,050,752 |
Income (loss) before income taxes: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Term life insurance segment |  | $ | 58,137 |  |  | $ | 46,519 |  |  | $ | 162,234 |  |  | $ | 127,284 |
Investment and savings products segment |  |  | 35,760 |  |  |  | 34,811 |  |  |  | 103,514 |  |  |  | 107,600 |
Corporate and other distributed products segment |  |  | (5,460 | ) |  |  | (6,377 | ) |  |  | (15,217 | ) |  |  | (16,296 | )
Total income before income taxes |  | $ | 88,437 |  |  | $ | 74,953 |  |  | $ | 250,531 |  |  | $ | 218,588 |
Total assets by segment were as follows:
|  | September 30, 2016 |  |  | December 31, 2015 |
|  | (In thousands) |
Assets: |  |  |  |  |  |  |  |
Term life insurance segment |  | $ | 5,878,013 |  |  | $ | 5,638,682 |
Investment and savings products segment(1) |  |  | 2,462,111 |  |  |  | 2,157,548 |
Corporate and other distributed products segment |  |  | 3,028,559 |  |  |  | 2,814,553 |
Total assets |  | $ | 11,368,683 |  |  | $ | 10,610,783 |
(1) The Investment and Savings Products segment includes assets held in separate accounts. Excluding separate accounts, the Investment and Savings Products segment assets were approximately $114.4 million and $93.8 million as of September 30, 2016 and December 31, 2015, respectively. See “Management's Discussion and Analysis of Financial Condition and Results of Operations” included elsewhere in this report for more information regarding the results of our operating segments. Geographical Information. Results of operations by country and long-lived assets, primarily tangible assets reported in Other assets in our unaudited condensed consolidated balance sheets, were as follows:
|  | Three months ended September 30, |  |  | Nine months ended September 30, |
|  | 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |
|  | (In thousands) |
Revenues by country: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 323,560 |  |  | $ | 298,671 |  |  | $ | 947,618 |  |  | $ | 876,363 |
Canada |  |  | 60,066 |  |  |  | 57,038 |  |  |  | 177,603 |  |  |  | 174,389 |
Total revenues |  | $ | 383,626 |  |  | $ | 355,709 |  |  | $ | 1,125,221 |  |  | $ | 1,050,752 |
Income before income taxes by country: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 71,525 |  |  | $ | 61,116 |  |  | $ | 200,137 |  |  | $ | 170,172 |
Canada |  |  | 16,912 |  |  |  | 13,837 |  |  |  | 50,394 |  |  |  | 48,416 |
Total income before income taxes |  | $ | 88,437 |  |  | $ | 74,953 |  |  | $ | 250,531 |  |  | $ | 218,588 |
|  | September 30, 2016 |  |  | December 31, 2015 |
|  | (In thousands) |
Long-lived assets by country: |  |  |  |  |  |  |  |
United States |  | $ | 27,997 |  |  | $ | 28,621 |
Canada |  |  | 865 |  |  |  | 787 |
Total long-lived assets |  | $ | 28,862 |  |  | $ | 29,408 |

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration