National Western Life Group, Inc. (NWLI) [Rocket]

In millions, except per share items	Jun-30-23	Dec-31-22	Sep-30-22	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21	Jun-30-21
	10-Q	8-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q
Revenues:
ONL & Affiliates			116.7	116.9	117.4	116.8	116.7	116.2
Annuities			283.3	286.6	330.4	390.4	395.9	420.4
International Life Insurance			86.4	93.5	112.0	131.4	131.1	134.2
Other			126.7	127.1	168.3	185.5	187.2	208.0
Total revenues		559.5	613.1	624.1	728.0	824.1	831.0	878.8
Revenue growth		-32.1%	-26.2%	-29.0%	-16.6%	18.6%	17.6%	29.8%
Loss and loss adjustment expenses			148.6	181.9	191.6	187.6	181.8	138.1
Other operating expenses		244.8	234.0	189.4	341.9	409.3	416.8	545.2
General and administrative						37.4
EBITDA			339.0	340.2	142.6	101.4	98.6	32.3
EBITDA margin			55.3%	54.5%	19.6%	12.3%	11.9%	3.7%
Depreciation			13.8	13.3	13.3	13.0	12.8	12.5
EBIT		460.4	325.2	327.0	129.3	88.4	85.8	19.8
EBIT margin		82.3%	53.0%	52.4%	17.8%	10.7%	10.3%	2.2%
Pre-tax income		209.3	230.5	252.8	194.5	227.3	232.4	195.5
Income taxes		42.4	47.2	51.4	39.8	46.6	45.4	37.5
Tax rate		20.2%	20.5%	20.3%	20.5%	20.5%	19.5%	19.2%
Net income		166.9	183.3	201.4	154.7	180.7	187.0	158.0
Net margin		29.8%	29.9%	32.3%	21.3%	21.9%	22.5%	18.0%

Basic EPS		$61.20	$50.41	$55.38	$42.56	$49.69	$51.43	$43.45
Diluted EPS		$61.20	$50.41	$55.38	$42.56	$49.69	$51.43	$43.45

Shares outstanding (basic)			3.6	3.6	3.6	3.6	3.6	3.6
Shares outstanding (diluted)			3.6	3.6	3.6	3.6	3.6	3.6

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.