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Revenue from Contracts with Customers (Tables)
12 Months Ended
Dec. 31, 2018
Revenue From Contract With Customer [Abstract]  
Summary of Disaggregation of Revenues from Contracts

The disaggregation of our revenues from contracts with customers were as follows:

 

 

Year ended December 31,

 

 

 

2018

 

 

2017

 

 

2016

 

 

 

(In thousands)

 

Term Life Insurance segment revenues:

 

 

 

 

 

 

 

 

 

 

 

 

  Other, net

 

$

42,374

 

 

$

41,236

 

 

$

36,541

 

    Total segment revenues from contracts with customers

 

 

42,374

 

 

 

41,236

 

 

 

36,541

 

  Revenues from sources other than contracts with customers

 

 

1,080,826

 

 

 

950,988

 

 

 

829,841

 

      Total Term Life Insurance segment revenues

 

$

1,123,200

 

 

$

992,224

 

 

$

866,382

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment and Savings Products segment revenues:

 

 

 

 

 

 

 

 

 

 

 

 

  Commissions and fees

 

 

 

 

 

 

 

 

 

 

 

 

    Sales-based revenues

 

$

259,991

 

 

$

233,005

 

 

$

227,320

 

    Asset-based revenues

 

 

245,295

 

 

 

216,527

 

 

 

183,309

 

    Account-based revenues

 

 

81,802

 

 

 

55,030

 

 

 

50,861

 

  Other, net

 

 

9,631

 

 

 

9,555

 

 

 

8,836

 

      Total segment revenues from contracts with customers

 

 

596,719

 

 

 

514,117

 

 

 

470,326

 

  Revenues from sources other than contracts

    with customers (segregated funds)

 

 

58,357

 

 

 

58,630

 

 

 

54,295

 

        Total Investment and Savings Products segment revenues

 

$

655,076

 

 

$

572,747

 

 

$

524,621

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate and Other Distributed Products segment revenues:

 

 

 

 

 

 

 

 

 

 

 

 

  Commissions and fees (1)

 

$

32,162

 

 

$

28,125

 

 

$

25,901

 

  Other, net

 

 

4,982

 

 

 

5,300

 

 

 

5,199

 

    Total segment revenues from contracts with customers

 

 

37,144

 

 

 

33,425

 

 

 

31,100

 

  Revenues from sources other than contracts with customers

 

 

84,423

 

 

 

90,706

 

 

 

96,981

 

      Total Corporate and Other Distributed Products segment revenues

 

$

121,567

 

 

$

124,131

 

 

$

128,081

 

 

 

(1)

Commissions and fees for the year ended December 31, 2018 include $5.4 million, attributable to performance obligations satisfied in a previous reporting period and represent the collection of variable consideration in the transaction price that had been previously constrained.

Summary of Contract Asset Account

Activity in the contract asset account was as follows:

 

 

 

 

December 31, 2018

 

 

 

 

 

(In thousands)

 

Balance, beginning of period

 

 

 

$

48,533

 

Current period sales, net of collection of renewal commissions

 

 

 

 

1,586

 

Balance, at the end of period

 

 

 

$

50,119