ERIE INDEMNITY CO
For the period ended Sep 30, 2024. Filed Oct 31, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 31, 2024
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Statements of Comprehensive Income
STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED)
(in thousands)
| Three months endedSeptember 30, | Nine months endedSeptember 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Net income | $159,830 | $131,040 | $448,285 | $335,133 |
| Other comprehensive income (loss), net of tax | ||||
| Change in unrealized holding gains (losses) on available-for-sale securities | 20,227 | (5,902) | 21,014 | 2,846 |
| Pension and other postretirement plans | (1,538) | (2,742) | (6,048) | (8,226) |
| Total other comprehensive income (loss), net of tax | 18,689 | (8,644) | 14,966 | (5,380) |
| Comprehensive income | $178,519 | $122,396 | $463,251 | $329,753 |
See accompanying notes to Financial Statements. See Note 11, "Accumulated Other Comprehensive Income (Loss)", for amounts reclassified out of accumulated other comprehensive income (loss) into the Statements of Operations.
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