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Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Mortgage fee income $ 48,344,445 $ 72,998,612
Insurance premiums and other considerations 26,341,952 23,350,210
Net investment income 15,194,306 14,293,887
Net mortuary and cemetery sales 7,205,721 5,942,126
Gains on investments and other assets 171,975 1,960,113
Other 5,167,508 4,113,658
Total revenues 102,425,907 122,658,606
Benefits and expenses:    
Death benefits 16,884,706 18,312,006
Surrenders and other policy benefits 1,323,168 1,077,644
Increase in future policy benefits 6,771,101 4,254,658
Amortization of deferred policy and pre-need acquisition costs and value of business acquired 4,396,413 3,576,865
Selling, general and administrative expenses:    
Commissions 19,902,202 32,729,680
Personnel 26,874,764 24,371,505
Advertising 1,711,795 1,800,998
Rent and rent related 1,659,270 1,865,898
Depreciation on property and equipment 615,544 501,645
Costs related to funding mortgage loans 2,839,463 2,937,225
Other 12,091,636 11,949,864
Interest expense 1,727,315 1,825,599
Cost of goods and services sold-mortuaries and cemeteries 1,185,014 1,099,964
Total benefits and expenses 97,982,391 106,303,551
Earnings before income taxes 4,443,516 16,355,055
Income tax expense (1,214,798) (4,226,340)
Net earnings $ 3,228,718 $ 12,128,715
Net earnings per Class A Equivalent common share   [1] $ 0.16 $ 0.60
Net earnings per Class A Equivalent common share- assuming dilution [1] $ 0.15 $ 0.58
Weighted-average Class A equivalent common shares outstanding [1] 20,390,153 20,080,994
Weighted-average Class A equivalent common shares outstanding-assuming dilution [1] 21,232,520 21,009,245
[1] Net earnings per share amounts have been adjusted retroactively for the effect of annual stock dividends. The weighted-average shares outstanding includes the weighted-average Class A common shares and the weighted-average Class C common shares determined on an equivalent Class A common stock basis. Net earnings per common share represent net earnings per equivalent Class A common share.