Torchmark Corp. (TMK) Income Statement

Income Statement for Torchmark Corp.  (TMK) 
$ 47.20   0.53 (+1.14%) Volume: 1.04 m 4:02 PM EST Feb 10, 2012
After Hours:  $ 47.0379   -0.1621 (-0.34%) Volume: 21.08 k 5:57 PM EST Feb 10, 2012
Statement: View:
Income [+] in Thousands of Dollars
12/2010 12/2009 12/2008 12/2007 12/2006
Loans - - - - -
Investment Securities - - - - -
Lease Financing Income - - - - -
Other Interest Income - - - - -
Federal Funds Sold/Purchased - - - - -
Interest Bearing Deposits - - - - -
Loans Held for Resale - - - - -
Trading Account Securities - - - - -
Time Deposits Placed - - - - -
Other Money Market Investments - - - - -
Total Money Market Investments - - - - -
Total Interest Income - - - - -
Deposits - - - - -
Short-Term Debt - - - - -
Long-Term Debt - - - - -
Federal Funds Sold/Purchased - - - - -
Capitalized Lease Obligations - - - - -
Other Interest Expense 75,529 69,932 63,229 67,564 73,136
Total Interest Income - - - - -
Total Interest Expense (75,529) (69,932) (63,229) (67,564) (73,136)
Net Interest Income (75,529) (69,932) (63,229) (67,564) (73,136)
Loan Loss Provision - - - - -
Net Interest Income After Loan Loss Provision (75,529) (69,932) (63,229) (67,564) (73,136)
Trust Fees by Commissions - - - - -
Service Charge on Deposit Accounts - - - - -
Other Service Charges - - - - -
Security Transactions - - (107,504) 2,734 -
Premiums Earned 2,651,758 2,610,105 2,758,256 2,827,231 2,784,713
Net Realized Capital Gains 42,190 13,879 - - (10,767)
Investment Banking Profit 676,364 632,540 671,495 648,826 628,746
Other Non-Interest Income (2,680) (141,451) 4,671 7,906 18,486
Non-Interest Income 3,367,632 3,115,073 3,326,918 3,486,697 3,421,178
Salaries and Employee Benefits - - - - -
Net Occupancy Expense - - - - -
Promotion and Advertising 125,330 128,620 - - -
Property/Liability Insurance Claims - - 1,872,915 1,902,428 1,863,531
Policy Acquisition Costs - - 145,981 155,483 163,683
Amortization of Deferred Policy Acquisition Costs (418,890) (415,986) 398,324 391,011 377,490
Current and Future Benefits Expense 1,793,044 1,753,329 - - -
Other Non-Interest Expense 1,014,052 1,002,102 185,212 173,406 169,768
Income, Acquired in Process R&D - - - - -
Income, Restructuring and M&A - - - - -
Other Special Charges - - - - -
Non-Interest Expense (2,513,536) (2,468,065) (2,602,432) (2,622,328) (2,574,472)
Special Income/Charges - - - - -
Net Income Before Taxes 778,567 577,076 661,257 796,805 773,570
Premium Tax (Credit) - - - - -
Minority Interest - - - - -
Income Taxes (256,274) (191,024) (208,998) (269,270) (254,939)
Net Income from Continuing Operations 522,293 386,052 452,259 527,535 518,631
Net Income from Discontinued Operations (5,229) 18,901 - - -
Net Income from Total Operations 517,064 404,953 452,259 527,535 518,631
Extraordinary Income/Loss - - - - -
Income from Cum. Effect of Acct Change - - - - -
Income from Tax Loss Carryforward - - - - -
Other Gains - - - - -
Total Net Income 517,064 404,953 452,259 527,535 518,631
Normalized Income 522,293 386,052 452,259 527,535 518,631
Net Income Available for Common 522,293 386,052 452,259 527,535 518,631
Results [+] in Dollars (Preferred Dividends in Thousands)
12/2010 12/2009 12/2008 12/2007 12/2006
Dividends Paid Per Share 0.41 0.28 0.37 0.35 0.32
Preferred Dividends - - - - -
Basic EPS from Continuing Operations 4.28 3.10 3.43 3.73 3.47
Basic EPS from Discontinued Operations -0.04 0.15 0.00 0.00 0.00
Basic EPS from Total Operations 4.24 3.25 3.43 3.73 3.47
Basic EPS from Extraordinary Inc 0.00 0.00 0.00 0.00 0.00
Basic EPS from Cum. Effect of Acct Chg 0.00 0.00 0.00 0.00 0.00
Basic EPS from Tax Loss Carryforward - - - - -
Basic EPS from Other Gains(Loss) 0.00 0.00 0.00 0.00 0.00
Basic EPS, Total 4.24 3.25 3.43 3.73 3.47
Basic Normalized Net Income/Share 4.28 3.10 3.43 3.73 3.47
Diluted EPS from Continuing Operations 4.24 3.10 3.43 3.67 3.42
Diluted EPS from Discontinued Operations -0.04 0.15 0.00 0.00 0.00
Diluted EPS from Total Operations 4.20 3.25 3.43 3.67 3.42
Diluted EPS from Extraordinary Inc 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Cum. Effect of Acct Chg 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Tax Loss Carryforward 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Other Gains(Loss) 0.00 0.00 0.00 0.00 0.00
Diluted EPS, Total 4.20 3.25 3.43 3.67 3.42
Diluted Normalized Net Income/Share 4.24 3.10 3.43 3.67 3.42
Revenues Year-to-Date 3,367,632 3,115,073 3,326,918 3,486,697 3,421,178
Income Year-to-Date from Total Operations 517,064 404,953 452,259 527,535 518,631
EPS Year-to-Date from Total Operations 4.20 3.25 3.43 3.67 3.42
Dividends Paid Per Share, Year-to-Date 0.41 0.28 0.37 0.35 0.32