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Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Mortgage fee income $ 24,809,241 $ 21,831,670
Insurance premiums and other considerations 29,779,525 29,852,093
Net investment income 19,202,624 19,946,568
Net mortuary and cemetery sales 7,300,221 6,948,491
Gains on investments and other assets 586,021 1,669,426
Other 1,062,091 939,950
Total revenues 82,739,723 81,188,198
Benefits and expenses:    
Death benefits 16,045,465 15,713,753
Surrenders and other policy benefits 1,201,555 1,215,793
Increase in future policy benefits 8,988,057 9,345,887
Amortization of deferred policy and pre-need acquisition costs and value of business acquired 4,696,535 4,743,913
Selling, general and administrative expenses:    
Commissions 10,438,381 7,981,217
Personnel 22,182,408 19,855,135
Advertising 823,945 687,655
Rent and rent related 988,611 1,401,477
Depreciation on property and equipment 615,135 587,449
Costs related to funding mortgage loans 1,415,252 1,449,095
Other 7,400,687 6,285,910
Interest expense 1,119,528 1,027,474
Cost of goods and services sold-mortuaries and cemeteries 1,253,270 1,274,129
Total benefits and expenses 77,168,829 71,568,887
Earnings before income taxes 5,570,894 9,619,311
Income tax expense (1,232,602) (2,144,789)
Net earnings $ 4,338,292 $ 7,474,522
Net earnings per Class A Equivalent common share [1] $ 0.18 $ 0.32
Net earnings per Class A Equivalent common share-assuming dilution [1] $ 0.18 $ 0.31
Weighted-average Class A equivalent common shares outstanding [1] 23,521,451 23,325,136
Weighted-average Class A equivalent common shares outstanding-assuming dilution [1] 24,466,443 24,087,806
[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.