GLOBE LIFE INC
For the period ended Dec 31, 2023. Filed Feb 28, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 28, 2024
GL$161.83+3.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Shareholders' Equity
| Preferred Stock | Common Stock | Additional Paid-In Capital | Accumulated Other Comprehensive Income (Loss) | Retained Earnings | Treasury Stock | Total Shareholders' Equity | |
|---|---|---|---|---|---|---|---|
| Balance at December 31, 2020 | $— | $113,218 | $527,435 | $3,029,244 | $5,874,109 | $(772,914) | $8,771,092 |
| Adoption of ASU 2018-12 | — | — | — | (7,825,049) | (12,522) | — | (7,837,571) |
| Balance at January 1, 2021 | — | 113,218 | 527,435 | (4,795,805) | 5,861,587 | (772,914) | 933,521 |
| Comprehensive income (loss) | — | — | — | 560,757 | 1,031,114 | — | 1,591,871 |
| Common dividends declared ($0.79 per share) | — | — | — | — | (80,247) | — | (80,247) |
| Acquisition of treasury stock | — | — | — | — | — | (541,435) | (541,435) |
| Stock-based compensation | — | — | 12,103 | — | — | 18,169 | 30,272 |
| Exercise of stock options | — | — | — | — | (29,398) | 99,224 | 69,826 |
| Retirement of treasury stock | — | (4,000) | (18,974) | — | (327,323) | 350,297 | — |
| Balance at December 31, 2021 | — | 109,218 | 520,564 | (4,235,048) | 6,455,733 | (846,659) | 2,003,808 |
| Balance at January 1, 2022 | — | 109,218 | 520,564 | (4,235,048) | 6,455,733 | (846,659) | 2,003,808 |
| Comprehensive income (loss) | — | — | — | 1,444,735 | 894,386 | — | 2,339,121 |
| Common dividends declared ($0.83 per share) | — | — | — | — | (80,956) | — | (80,956) |
| Acquisition of treasury stock | — | — | — | — | — | (454,638) | (454,638) |
| Stock-based compensation | — | — | 29,119 | — | (345) | 6,876 | 35,650 |
| Exercise of stock options | — | — | — | — | (29,838) | 136,430 | 106,592 |
| Retirement of treasury stock | — | (4,000) | (20,022) | — | (344,445) | 368,467 | — |
| Balance at December 31, 2022 | — | 105,218 | 529,661 | (2,790,313) | 6,894,535 | (789,524) | 3,949,577 |
| Balance at January 1, 2023 | — | 105,218 | 529,661 | (2,790,313) | 6,894,535 | (789,524) | 3,949,577 |
| Comprehensive income (loss) | — | — | — | 17,894 | 970,755 | — | 988,649 |
| Common dividends declared ($0.90 per share) | — | — | — | — | (85,139) | — | (85,139) |
| Acquisition of treasury stock | — | — | — | — | — | (511,100) | (511,100) |
| Stock-based compensation | — | — | 18,466 | — | — | 12,270 | 30,736 |
| Exercise of stock options | — | — | — | — | (19,395) | 133,475 | 114,080 |
| Retirement of treasury stock | — | (3,000) | (15,653) | — | (281,943) | 300,596 | — |
| Balance at December 31, 2023 | $— | $102,218 | $532,474 | $(2,772,419) | $7,478,813 | $(854,283) | $4,486,803 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.