7Baggers
Quarterly
Annual
    Unit: USD2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2020-12-31 2020-09-30 2020-03-31 2019-09-30 2019-06-30 2018-09-30 2018-06-30 2018-03-31 2017-12-31 
      
    		                        
      revenue:
    		                        
      premium
    		815,482,351,643,000 829,863,369,791,000 6,095,962,761,654,250 818,638,353,955,000 815,482,351,643,000 804,265,341,019,000 585,607,495,729,000 788,099,331,236,000 756,892,320,307,000 749,128,315,684,000 728,924,299,143,000 759,924,319,189,000 754,602,317,000,000 5,413,034,722,255,250 728,924,299,143,000 4,986,184,627,193,500 6,740,212,877,951,000 280,205,000   6,055,472,552,012,861,000,000 6,025,342,514,405,855,000,000 5,983,032,517,985,851,000,000  
      net investment income
    		                  228,905,000 227,425,000 221,627,221,627,000 218,568,218,568,000 218,084,218,084,000  
      segment revenue
    		8,154,823,516,432,857,000,000,000,000 8,298,633,697,912,806,000,000,000,000                       
      realized gains
    		-12,589,000 85,000 2,392,000 -2,192,000 -12,589,000 -11,799,000             11,943,000 5,154,000     
      other income
    		74,000 69,000                 438,000 398,000 416,000 441,000 323,000  
      total consolidated revenue
    		1,440,246,000 1,480,422,000                       
      expenses:
    		                        
      policy obligations
    		5,187,922,054,235,536,000,000,000 5,097,562,339,295,394,000,000,000       49,236,419,007,579,220,000,000 49,542,918,901,886,420,000,000 5,161,961,879,067,303,000  5,493,431,968,557,050,000            
      required interest on reserves
    		                        
      amortization of acquisition costs
    		8,791,513,611,000 9,063,314,519,000 65,938,351,935,294,000 9,007,013,852,388,000 8,791,513,611,389,000 8,576,813,311,399,000 60,821,344,020,316,500 8,252,312,816,418,000 7,368,112,052,452,000 7,192,912,114,453,000 12,231,128,799,483,000 12,253,232,221,452,000 12,607,931,852,453,000 91,505,712,845,361,740 12,231,128,799,483,000 86,606,707,262,877,250 11,431,626,026,501,000 29,025,504,000   10,379,225,162,538,130,000,000 10,459,923,892,586,129,000,000 10,377,725,257,586,129,000,000  
      commissions
    		3,969,841,661,000 4,556,742,887,000                       
      premium taxes
    		172,005,274,000 180,117,493,000                       
      non-deferred acquisition costs
    		3,336,912,596,000 3,716,814,528,000                       
      segment profit or
    		32,032,310,048,842,790,000,000,000 3,372,648,472,135,870,600,000,000                       
      insurance administrative expenses:
    		                        
      salaries
    		30,855,000 33,688,000                       
      other employee costs
    		8,063,000 10,301,000                       
      information technology costs
    		20,561,000 20,936,000                       
      legal costs
    		6,889,000 6,249,000                       
      other administrative costs
    		15,828,000 16,375,000                       
      parent expense
    		3,130,000 3,050,000                   266,715,784,245,000 28,472,847,000 22,922,292,000  
      stock-based compensation expense
    		10,090,000 12,019,000                   1,041,210,412,000 1,049,710,497,000 90,609,060,000  
      interest expense
    		31,404,000 34,992,000                 21,094,000 21,432,000 2,243,322,433,000 2,241,122,411,000 2,162,221,622,000  
      legal proceedings
    		2,435,000 6,128,000                -3,275,000       
      non-operating expenses
    		1,257,000  -651,000 -637,000 -1,257,000 -710,000 -284,250 -1,137,000 -4,617,000 -112,000 -2,397,000 -4,617,000 -112,000 -1,272,250 -2,397,000 -818,750 -1,033,000        
      annuity
    		-1,748,000 -1,810,000                       
      total expenses
    		1,117,923,000 1,164,341,000 355,467,191,349,000 431,455,266,992,000 495,159,251,155,000 495,254,247,249,000 363,734,425,616,250 488,011,234,536,000 457,767,228,396,000 459,534,227,814,000 566,930,222,165,000 562,374,239,466,000 604,148,237,907,000 421,954,666,320,750 566,930,222,165,000 370,817,162,578,000 503,318,214,935,000 216,740,000   436,951,194,948,000 441,357,191,902,000 443,482,193,750,000  
      income before income taxes per condensed consolidated statements of operations
    		322,323,000  253,551,000 376,958,000 322,323,000 314,923,000 214,388,750 318,815,000 276,449,000 294,176,000 230,795,000 216,996,000 201,615,000 -599,250 230,795,000 -258,250 231,538,000 202,921,000     212,842,000  
      income before income taxes per condensed consolidated statement of operations
    		 316,081,000                   220,330,000 226,864,000   
      total revenue
    		  -24,383,845,268,548,000 818,638,353,955,000 815,482,351,643,000 804,265,341,019,000 -2,342,424,535,383,000 788,099,331,236,000 756,892,320,307,000 749,128,315,684,000 728,924,299,143,000 759,924,319,189,000 754,602,317,000,000 -216,521,388,890,217,130,000,000,000 728,924,299,143,000 -199,447,385,087,746,900,000,000,000 6,740,212,877,951,232,000,000,000 280,205,000 1,141,279,000 1,130,461,000 6,055,472,552,012,222,000,000,000 6,025,342,514,405,218,000,000,000 5,983,032,517,985,219,000,000,000  
      yoy
    		  940.97% 3.88% 7.74% 7.36% -421.35% 3.71% 0.30% -100.00% 0.00% -100.00% -100.00% -77272492957019717632.00% 63868971.38% -17643013344798883840.00% 11.31% -100.00% -100.00%      
      qoq
    		  -3078.59% 0.39% 1.39% -134.33% -397.22% 4.12% 1.04% 2.77% -4.08% 0.71% -100.00% -29704235288288.70% -100.00% -3059.07% 2405457746275487744.00% -75.45% 0.96% -100.00% 0.50% 0.71%   
      policy benefits
    		  3,732,914,074,190,445,000,000,000 45,450,222,192,657,170,000,000 51,879,220,542,359,440,000,000 51,987,120,232,761,270,000,000 384,079,395,169,053,800,000,000 51,567,619,379,068,540,000,000    5,110,341,972,187,074,000  38,307,464,114,730,470,000 5,161,961,879,067,303,000 33,518,663,661,105,644,000 4,592,311,842,377,508,000 1,787,117,588,000   3,967,011,625,748,581,500,000,000 3,993,341,604,618,582,500,000,000 4,005,811,606,198,689,700,000,000  
      commissions, premium taxes, and non-deferred acquisition costs
    		  -27,034,717,123,859,000 90,758,589,314,000 90,267,595,314,000 89,322,587,844,000 -25,113,615,819,246,000 84,011,546,624,000 74,478,517,296,000 73,548,519,529,000 58,652,241,166,000 63,887,297,035,000 62,203,286,028,000 -1,741,306,728,710,000 58,652,241,166,000 -1,593,696,725,577,000 52,856,217,535,000 249,956,000 74,139,000 73,698,000 47,609,220,415,000 47,250,221,966,000 47,394,222,658,000  
      insurance administrative expense
    		                    55,812,359,059,402,000 5,527,655,276,000 5,547,255,472,000  
      subtotal
    		  2,541,293,203,053,846,000,000,000 38,718,386,963,172,135,000,000 320,323,100,488,174,800,000,000 30,901,193,770,191,544,000,000 221,873,070,112,913,680,000,000 30,008,896,700,207,736,000,000 29,912,591,911,298,127,000,000 28,959,487,870,226,326,000,000 16,199,476,978,217,860,000,000 19,755,079,723,209,057,000,000 15,045,479,093,210,860,000,000 1,193,488,059,049,135,400,000,000 16,199,476,978,217,860,000,000 1,278,013,001,414,197,000,000,000 17,070,372,860,225,360,000,000 63,465,227,062,737,000   16,859,660,253,256,462,000,000 16,117,759,538,256,660,000,000 15,482,158,048,258,663,000,000  
      non-operating items
    		                    5,168,000    
      measure of segment profitability
    		  2,541,293,203,053,846,000,000,000 38,718,386,963,172,135,000,000 320,323,100,488,174,800,000,000 30,901,193,770,191,544,000,000 221,873,070,112,913,680,000,000 30,008,896,700,207,736,000,000 29,912,591,911,298,127,000,000 28,959,487,870,226,326,000,000 16,199,476,978,217,860,000,000 19,755,079,723,209,057,000,000 15,045,479,093,210,860,000,000 1,193,488,059,049,135,400,000,000 16,199,476,978,217,860,000,000 1,278,013,001,414,197,000,000,000 17,070,372,860,225,360,000,000 63,465,227,062,737,000   16,859,660,253,256,462,000,000 16,117,759,538,256,660,000,000 15,482,158,048,258,663,000,000  
      legal costs and proceedings
    		  -1,441,000 -3,329,000 -2,435,000                    
      realized gain—investments
    		      -19,740,750 -2,193,000 -30,446,000 -7,244,000 19,789,000 -30,446,000 -7,244,000 14,150,000 19,789,000 -7,188,000 2,135,000 -26,097,000       
      required interest on dac
    		          55,066,720,364,000 56,643,756,249,000 56,232,746,353,000 4,077,080,310,550,000 55,066,720,364,000 3,923,354,947,563,250 52,709,668,981,000 651,988,000   489,076,136,145,000 482,756,079,150,000 479,446,013,153,000  
      realized loss—redemption of debt
    		          -9,314,000   -2,328,500 -9,314,000 -158,500 -634,000        
      distribution channel
    		                        
      american income
    		                 28,176,745,240,999,000       
      direct to consumer
    		                 21,755,935,202,608,000       
      liberty national
    		                 70,717,114,815,618,000       
      united american
    		                 2,751,110,290,538,000       
      family heritage
    		                 931,000       
      other
    		                 505,648,000       
      life
    		                        
      life premium
    		                  630,824,000 631,201,000     
      health premium
    		                  269,166,000 266,282,000     
      other premium
    		                  3,000 1,000     
      total premium
    		                  899,993,000 897,484,000     
      benefits and expenses:
    		                        
      life policyholder benefits
    		                  406,963,000 410,961,000     
      health policyholder benefits
    		                  170,875,000 170,511,000     
      other policyholder benefits
    		                  7,854,000 7,890,000     
      total policyholder benefits
    		                  585,692,000 589,362,000     
      amortization of deferred acquisition costs
    		                  138,449,000 138,165,000     
      other operating expense
    		                  74,575,000 79,044,000     
      total benefits and expenses
    		                  893,949,000 901,701,000     
      income before income taxes
    		                  247,330,000 228,760,000     
      income tax benefit
    		                  -45,512,000 -42,151,000     
      income from continuing operations
    		                  201,818,000 186,609,000     
      income from discontinued operations, net of tax
    		                   -43,000     
      net income
    		                  201,818,000 186,566,000     
      yoy
    		                        
      qoq
    		                  8.18%      
      net income margin %
    		  0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 17.68% 16.50% 0% 0% 0%  
      basic net income per common share:
    		                        
      continuing operations
    		                  1,850 1,700     
      discontinued operations
    		                        
      total basic net income per common share
    		                  1,850 1,700     
      diluted net income per common share:
    		                        
      total diluted net income per common share
    		                  1,820 1,670     
      deduct applicable income taxes
    		                    -41,744,000 -39,991,000 -38,721,000  
      net operating income
    		                    182,722,000 175,060,000 172,170,000  
      add back income taxes applicable to segment profitability
    		                    41,744,000 39,991,000 38,721,000  
      add
    		                    1,032,000 11,813,000 1,951,000  
      add (deduct) administrative settlements
    		                    -3,590,000    
      add (deduct) non-operating costs
    		                    -1,578,000    
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.