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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Net income (loss) $ 18,590 $ 93,903 $ (11,420) $ 234,865
Other comprehensive income (loss):        
Change in net unrealized investment gains/losses (1) [1] 677,320 (260,555) 1,394,233 (832,588)
Noncredit component of OTTI losses (1) [1] 103 775 103 775
Reclassification of unrealized investment gains/losses to net income (loss) (1) [1] 1,422 (18,162) 1,128 (18,501)
Other comprehensive income (loss) before income tax 678,845 (277,942) 1,395,464 (850,314)
Income tax effect related to other comprehensive income (loss) (142,558) 58,366 (293,048) 178,567
Other comprehensive income (loss) 536,287 (219,576) 1,102,416 (671,747)
Comprehensive income (loss) $ 554,877 $ (125,673) $ 1,090,996 $ (436,882)
[1]
Net of related adjustments to amortization of deferred sales inducements and deferred policy acquisition costs.