Company: PRI
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029882
Chunk: 215

Company: Primerica, Inc.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1
Chunk 215
---
 (In thousands)

      Net income
       
      $
      470,518

      $
      576,601

      $
      472,068

      Other comprehensive income (loss) before income taxes:

      Unrealized investment gains (losses):

      Equity in unrealized holding gains (losses) on investment securities   held by subsidiaries

      6,866

      69,663

      (299,847
      )

      Change in unrealized holding gains (losses) on investment securities

      465

      1,600

      (5,201
      )

      Reclassification adjustment for realized investment (gains) losses   included in net income

      (85
      )

      (84
      )

      (872
      )

      Equity in effect of change in discount rate assumptions on the liability for    future policy benefit of subsidiaries

      263,919

      (169,502
      )

      1,368,596

      Foreign currency translation adjustments:

      Equity in unrealized foreign currency translation gains (losses) of subsidiaries

      (32,532
      )

      10,044

      (20,826
      )

      Total other comprehensive income (loss) before income taxes

      238,633

      (88,279
      )

      1,041,850

      Income tax expense (benefit) related to items of other comprehensive   income (loss)

      80

      319

      (1,275
      )

      Other comprehensive income (loss), net of income taxes

      238,553

      (88,598
      )

      1,043,125

      Total comprehensive income (loss)
       
      $
      709,071

      $
      488,003

      $
      1,515,193

      See the accompanying notes to condensed financial statements.See the report of independent registered public accounting firm. 

123

Schedule IICondensed Financial Information of RegistrantPRIMERICA, INC. (Parent Only)Condensed Statements of Cash Flows 

      Year ended December 31,

      2024

      2023

      2022

      (In thousands)

      Cash flows from operating activities:

      Net income
       
      $
      470,518

      $
      576,601

      $
      472,068

      Adjustments