v3.24.0.1
Pay vs Performance Disclosure
 12 Months Ended
Dec. 31, 2023
USD ($)
$ / shares
Dec. 31, 2022
USD ($)
$ / shares
Dec. 31, 2021
USD ($)
$ / shares
Dec. 31, 2020
USD ($)
$ / shares
Dec. 31, 2019
USD ($)
$ / shares
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
The following information is intended to show the relationship between the executive compensation actually paid by our Company and our financial performance.
Year
Summary Compensation Table Total for PEO-11
($)
Summary Compensation Table Total for PEO-21
($)
Compensation Actually Paid to PEO-12
($)
Compensation Actually Paid to PEO-22
($)
Average Summary Compensation Table Total for Non-PEO Named Executive Officers2,3
($)
Average Compensation Actually Paid to Non-PEO Named Executive Officers2,3
($)
Value of Initial Fixed $100 Investment
 Based On:
Net Income
(in 000s)
($)6
Operating EPS
($)6
Total Shareholder Return
 ($)4
Peer Group Total
Shareholder
Return
   ($)4,5
20237,206,0716,860,8965,959,0916,043,4092,860,8232,177,294170176970,75510.65
20228,905,4198,871,21719,165,33319,247,5383,081,2956,745,194167168894,3869.71
20218,353,7548,323,6666,084,8196,060,0502,906,8772,237,0941291521,031,1149.63
20209,158,9108,443,3642,393,7552,405,3153,315,8031,441,879130112731,7736.88
20198,342,2798,337,26323,790,02023,757,3423,119,6636,932,031142123760,7906.75
        
Named Executive Officers, Footnote Amounts shown are reported in the Summary Compensation Table (SCT) for the Principal Executive Officers (PEOs), Frank M. Svoboda (PEO-1) and J. Matthew Darden (PEO-2). Effective January 1, 2023, Messrs. Svoboda and Darden succeeded Gary L. Coleman and Larry M. Hutchinson as the Company's Co-CEOs and were designated as the PEOs for 2023. Messrs. Coleman and Hutchison were designated as PEO-1 and PEO-2 for the years 2019 through 2022. Amounts shown represent the total average reported in the Summary Compensation Table for the Non-PEO NEOs. The Company’s Non-PEO NEOs for 2023 were Thomas P. Kalmbach, R. Brian Mitchell, Robert E. Hensley, and Michael C. Majors. For 2021 and 2022, the Non-PEO NEOs were Messrs. Svoboda, Darden, Majors and Steven K. Greer. Finally, the Non-PEO NEOs for 2019 and 2020 were Messrs. Svoboda, Darden, Greer, and W. Michael Pressley.        
Peer Group Issuers, Footnote The Company’s peer group consists of the Standard & Poor’s (S&P) Life and Health Insurance Index and is set forth in Part II, Item 5 of the Form 10-K for the fiscal year ended December 31, 2023.6 As a result of the adoption of ASU 2018-12, Financial Services - Insurance (Topic 944): Targeted Improvements to the Accounting for Long-Duration Contracts, net income and operating EPS for 2021 and 2022 have been retrospectively adjusted as of January 1, 2021. The Company implemented the standard on January 1, 2023. Refer to the 2023 Form 10-K for additional information.        
Adjustment To PEO Compensation, Footnote Amounts shown represent compensation actually paid (CAP) and include adjustments for changes in the fair value of performance share awards, stock option awards and restricted stock unit awards, as well as adjustments for the aggregate change in the actuarial present value of accumulated benefits and actuarially-determined service costs for services rendered under all defined benefit and actuarial pension plans reported in the SCT for Messrs. Svoboda (PEO-1) and Darden (PEO-2) for 2023; for Messrs. Coleman (PEO-1) and Hutchinson (PEO-2) for 2019 to 2022; and for the average of the Non-PEO Named Executive Officers (NEOs): Thomas P. Kalmbach, R. Brian Mitchell, Robert E. Hensley, and Michael C. Majors for 2023; Messrs. Svoboda, Darden, Majors, and Steven K. Greer for 2021 and 2022; and Messrs. Svoboda, Darden, Greer, and W. Michael Pressley for 2019 and 2020. To calculate CAP, the following amounts were deducted or added to the SCT Total:
PEO-1
YearSCT TotalEquity Award-related Additions (Deductions) to CAPPension-related Additions (Deductions) to CAPCAP
Adjustment for the Fair Value of Equity Awards as of Year-End Adjustment for the Change in the Fair Value of the Prior Years' Awards, Unvested as of Year-EndAdjustment for the Change in the Fair Value of the Prior Years' Awards that Vested during the YearAdjustment for the Aggregate Change in the Present Value of the Accumulated Benefit under the Pension PlansAdjustment for the Service Cost
20237,206,071504(487,847)(216,287)(733,218)189,8685,959,091
20228,905,4193,119,5606,499,470692,092—(51,208)19,165,333
20218,353,754(321,200)(1,700,782)(309,130)—62,1776,084,819
20209,158,910(154,340)(4,084,180)(654,480)(1,939,280)67,1252,393,755
20198,342,2793,086,15011,905,3451,110,430(717,872)63,68823,790,020
PEO-2
YearSCT TotalEquity Award-related Additions (Deductions) to CAPPension-related Additions (Deductions) to CAPCAP
Adjustment for the Fair Value of Equity Awards as of Year-EndAdjustment for the Change in the Fair Value of the Prior Years' Awards, Unvested as of Year-EndAdjustment for the Change in the Fair Value of the Prior Years' Awards that Vested during the YearAdjustment for the Aggregate Change in the Present Value of the Accumulated Benefit under the Pension PlansAdjustment for the Service Cost
20236,860,896504(433,019)(153,923)(399,676)168,6276,043,409
20228,871,2173,119,5606,499,470692,092—65,19919,247,538
20218,323,666(321,200)(1,700,782)(309,130)—67,4966,060,050
20208,443,364(154,340)(4,084,180)(654,480)(1,210,731)65,6822,405,315
20198,337,2633,086,15011,905,3451,110,430(745,486)63,64023,757,342
        
Non-PEO NEO Average Total Compensation Amount $ 2,860,823 $ 3,081,295 $ 2,906,877 $ 3,315,803 $ 3,119,663
Non-PEO NEO Average Compensation Actually Paid Amount $ 2,177,294 6,745,194 2,237,094 1,441,879 6,932,031
Adjustment to Non-PEO NEO Compensation Footnote Amounts shown represent compensation actually paid (CAP) and include adjustments for changes in the fair value of performance share awards, stock option awards and restricted stock unit awards, as well as adjustments for the aggregate change in the actuarial present value of accumulated benefits and actuarially-determined service costs for services rendered under all defined benefit and actuarial pension plans reported in the SCT for Messrs. Svoboda (PEO-1) and Darden (PEO-2) for 2023; for Messrs. Coleman (PEO-1) and Hutchinson (PEO-2) for 2019 to 2022; and for the average of the Non-PEO Named Executive Officers (NEOs): Thomas P. Kalmbach, R. Brian Mitchell, Robert E. Hensley, and Michael C. Majors for 2023; Messrs. Svoboda, Darden, Majors, and Steven K. Greer for 2021 and 2022; and Messrs. Svoboda, Darden, Greer, and W. Michael Pressley for 2019 and 2020. To calculate CAP, the following amounts were deducted or added to the SCT Total:
Average Non-PEO NEOs
YearSCT TotalEquity Award-related Additions (Deductions) to CAPPension-related Additions (Deductions) to CAPCAP
Adjustment for the Fair Value of Equity Awards as of Year-EndAdjustment for the Change in the Fair Value of the Prior Years' Awards, Unvested as of Year-EndAdjustment for the Change in the Fair Value of the Prior Years' Awards that Vested during the YearAdjustment for the Aggregate Change in the Present Value of the Accumulated Benefit under the Pension PlansAdjustment for the Service Cost
20232,860,823889(241,319)(90,722)(445,400)93,0232,177,294
20223,081,2951,102,0602,083,150242,997—235,6926,745,194
20212,906,877(98,330)(420,168)(103,374)(289,742)241,8312,237,094
20203,315,803(45,053)(1,106,602)(192,601)(737,316)207,6481,441,879
20193,119,663949,8642,946,444448,501(693,092)160,6516,932,031
        
Compensation Actually Paid vs. Total Shareholder Return
2116
        
Compensation Actually Paid vs. Net Income
4427
        
Compensation Actually Paid vs. Company Selected Measure
2118
4429
        
Tabular List, Table
Book Value Per Share, excluding AOCI*
Total Premium
Net Operating Income ROE
*For purposes of determining the total performance shares awarded for a given year, the figure is adjusted to include accumulated dividends per share paid over the performance period.
        
Total Shareholder Return Amount $ 170 167 129 130 142
Peer Group Total Shareholder Return Amount 176 168 152 112 123
Net Income (Loss) $ 970,755 $ 894,386 $ 1,031,114 $ 731,773 $ 760,790
Company Selected Measure Amount | $ / shares 10.65 9.71 9.63 6.88 6.75
Additional 402(v) Disclosure Calculated based on $100 invested as of market close on December 31, 2018, including the reinvestment of dividends, for each fiscal year.        
Measure:: 1          
Pay vs Performance Disclosure          
Name Book Value Per Share, excluding AOCI*        
Measure:: 2          
Pay vs Performance Disclosure          
Name Total Premium        
Measure:: 3          
Pay vs Performance Disclosure          
Name Net Operating Income ROE        
Svoboda [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 7,206,071        
PEO Actually Paid Compensation Amount $ 5,959,091        
PEO Name Frank M. Svoboda        
Darden [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 6,860,896        
PEO Actually Paid Compensation Amount $ 6,043,409        
PEO Name J. Matthew Darden        
Coleman [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount   $ 8,905,419 $ 8,353,754 $ 9,158,910 $ 8,342,279
PEO Actually Paid Compensation Amount   $ 19,165,333 $ 6,084,819 $ 2,393,755 $ 23,790,020
PEO Name   Gary L. Coleman Gary L. Coleman Gary L. Coleman Gary L. Coleman
Hutchinson [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount   $ 8,871,217 $ 8,323,666 $ 8,443,364 $ 8,337,263
PEO Actually Paid Compensation Amount   $ 19,247,538 $ 6,060,050 $ 2,405,315 $ 23,757,342
PEO Name   Larry M. Hutchinson Larry M. Hutchinson Larry M. Hutchinson Larry M. Hutchinson
PEO | Svoboda [Member] | Equity Awards as of Year End [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 504        
PEO | Svoboda [Member] | Adjustment, Equity Awards Granted in Prior Years, Unvested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (487,847)        
PEO | Svoboda [Member] | Equity Awards Granted in Prior Years, Vested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (216,287)        
PEO | Svoboda [Member] | Adjustment, Present Value of the Accumulated Benefit under the Pension Plans [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (733,218)        
PEO | Svoboda [Member] | Adjustment, Service Cost [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 189,868        
PEO | Darden [Member] | Equity Awards as of Year End [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 504        
PEO | Darden [Member] | Adjustment, Equity Awards Granted in Prior Years, Unvested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (433,019)        
PEO | Darden [Member] | Equity Awards Granted in Prior Years, Vested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (153,923)        
PEO | Darden [Member] | Adjustment, Present Value of the Accumulated Benefit under the Pension Plans [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (399,676)        
PEO | Darden [Member] | Adjustment, Service Cost [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 168,627        
PEO | Coleman [Member] | Equity Awards as of Year End [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   $ 3,119,560 $ (321,200) $ (154,340) $ 3,086,150
PEO | Coleman [Member] | Adjustment, Equity Awards Granted in Prior Years, Unvested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   6,499,470 (1,700,782) (4,084,180) 11,905,345
PEO | Coleman [Member] | Equity Awards Granted in Prior Years, Vested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   692,092 (309,130) (654,480) 1,110,430
PEO | Coleman [Member] | Adjustment, Present Value of the Accumulated Benefit under the Pension Plans [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   0 0 (1,939,280) (717,872)
PEO | Coleman [Member] | Adjustment, Service Cost [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   (51,208) 62,177 67,125 63,688
PEO | Hutchinson [Member] | Equity Awards as of Year End [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   3,119,560 (321,200) (154,340) 3,086,150
PEO | Hutchinson [Member] | Adjustment, Equity Awards Granted in Prior Years, Unvested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   6,499,470 (1,700,782) (4,084,180) 11,905,345
PEO | Hutchinson [Member] | Equity Awards Granted in Prior Years, Vested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   692,092 (309,130) (654,480) 1,110,430
PEO | Hutchinson [Member] | Adjustment, Present Value of the Accumulated Benefit under the Pension Plans [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   0 0 (1,210,731) (745,486)
PEO | Hutchinson [Member] | Adjustment, Service Cost [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   65,199 67,496 65,682 63,640
Non-PEO NEO | Equity Awards as of Year End [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 889 1,102,060 (98,330) (45,053) 949,864
Non-PEO NEO | Adjustment, Equity Awards Granted in Prior Years, Unvested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (241,319) 2,083,150 (420,168) (1,106,602) 2,946,444
Non-PEO NEO | Equity Awards Granted in Prior Years, Vested [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (90,722) 242,997 (103,374) (192,601) 448,501
Non-PEO NEO | Adjustment, Present Value of the Accumulated Benefit under the Pension Plans [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (445,400) 0 (289,742) (737,316) (693,092)
Non-PEO NEO | Adjustment, Service Cost [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 93,023 $ 235,692 $ 241,831 $ 207,648 $ 160,651