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Document and Entity Information - shares | 3 Months Ended | |
---|---|---|
Sep. 30, 2020 | Nov. 02, 2020 | |
Document and Entity Information [Abstract] | ||
Entity Registrant Name | AMERCO | |
Entity Central Index Key | 0000004457 | |
Entity Current Reporting Status | Yes | |
Entity Small Business | false | |
Current Fiscal Year End Date | --03-31 | |
Entity Filer Category | Large Accelerated Filer | |
Entity Emerging Growth Company | false | |
Document Fiscal Year Focus | 2021 | |
Trading Symbol | UHAL | |
Document Type | 10-Q | |
Document Fiscal Period Focus | Q2 | |
Document Period End Date | Sep. 30, 2020 | |
Amendment Flag | false | |
Entity Common Stock, Shares Outstanding | 19,607,788 | |
Entity Shell Company | false | |
Entity Interactive Data Current | Yes | |
Entity File Number | 001-11255 | |
Entity Tax Identification Number | 88-0106815 | |
Entity address, address line one | 5555 Kietzke Lane | |
Entity address, address line two | Suite 100 | |
Entity address, City or Town | Reno | |
Entity address, State or Province | NV | |
Entity address, postal zip code | 89511 | |
City Area Code | 775 | |
Local Phone Number | 688-6300 | |
Entity Incorporation, State or Country Code | NV | |
Title of 12(b) Security | Common Stock | |
Security Exchange Name | NASDAQ | |
Document Quarterly Report | true | |
Document Transition Report | false |
Please wait while we load the requested 10-Q report or click the link below:
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Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Amerco.
Amerco's Definitive Proxy Statement (Form DEF 14A) filed after their 2020 10-K Annual Report includes:
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Operating expenses for Moving and Storage increased $10.1 million largely from liability costs, property taxes and shipping costs associated with U-Box.
Operating expenses for Moving and Storage increased $10.1 million largely from liability costs, property taxes and shipping costs associated with U-Box.
Even if we execute our plans, we could see declines in revenues primarily due to unforeseen events including adverse economic conditions or heightened competition that is beyond our control.
53 Total costs and expenses decreased $4.6 million during the first six months of fiscal 2021, compared with the first six months of fiscal 2020.
Cash and liquidity improved during the second quarter from increased operating cash flows and proceeds from commercial auto auctions.
Depreciation expense associated with our...Read more
Depreciation expense associated with our...Read more
Depreciation expense associated with our...Read more
Depreciation expense associated with our...Read more
We experienced increases in liability...Read more
We experienced increases in liability...Read more
The various sections of this...Read more
The increase was due to...Read more
The decrease was due to...Read more
The decrease was due to...Read more
Total costs and expenses increased...Read more
Total costs and expenses increased...Read more
If we intend to sell...Read more
50 Total costs and expenses...Read more
During the first quarter of...Read more
Cash from the sales of...Read more
Changes in the market value...Read more
Net cash provided by operating...Read more
A $5.0 million realized loss...Read more
Net operating expenses were $8.2...Read more
This was partially offset by...Read more
Interest credited to policyholders increased...Read more
The main driver of the...Read more
Other revenue increased $15.6 million...Read more
Other revenue increased $15.5 million...Read more
Other revenue increased $16.2 million...Read more
48 Other revenue increased $15.1...Read more
Net investment and interest income...Read more
Sales of self-moving and self-storage...Read more
Sales of self-moving and self-storage...Read more
Sales of self-moving and self-storage...Read more
Sales of self-moving and self-storage...Read more
In the future, we will...Read more
The increase was primarily due...Read more
The increase was primarily due...Read more
Operating expenses for Moving and...Read more
Operating expenses for Moving and...Read more
The premium decrease corresponded with...Read more
The premium decrease corresponded with...Read more
The increase in operating cash...Read more
Moving and Storage Six Months...Read more
49 Moving and Storage Quarter...Read more
AMERCO and Consolidated Entities Six...Read more
Life benefits increased $1.6 million...Read more
The decrease is primarily due...Read more
47 Results of Operations AMERCO...Read more
Self-storage revenues increased $10.3 million...Read more
Self-storage revenues increased $10.3 million...Read more
52 Self-storage revenues increased $21.0...Read more
54 Self-storage revenues increased $21.0...Read more
This was partially offset by...Read more
The premium decrease corresponded with...Read more
The premium decrease corresponded with...Read more
This was due to increased...Read more
This was due to increased...Read more
This was due to increased...Read more
This was due to increased...Read more
Life Insurance is pursuing its...Read more
This was partially offset by...Read more
This was partially offset by...Read more
Liquidity and Capital Resources -...Read more
For July, August and September...Read more
For July, August and September...Read more
Losses on the disposal of...Read more
Losses on the disposal of...Read more
Net gains from the disposal...Read more
Net gains from the disposal...Read more
We believe that our basic...Read more
General We begin Management's Discussion...Read more
56 Liquidity and Capital Resources...Read more
Our primary focus is to...Read more
Net investment and interest income...Read more
Capital and operating budgets allow...Read more
The growth in revenues and...Read more
The growth in revenues and...Read more
The growth in revenues and...Read more
The growth in revenues and...Read more
As government-imposed restrictions on public...Read more
As government-imposed restrictions on public...Read more
Over the last twelve months,...Read more
Over the last twelve months,...Read more
Over the last twelve months...Read more
Over the last twelve months...Read more
The Company expects to fund...Read more
Financial Statements, Disclosures and Schedules
Inside this 10-Q Quarterly Report
Material Contracts, Statements, Certifications & more
Amerco provided additional information to their SEC Filing as exhibits
Ticker: UHAL
CIK: 4457
Form Type: 10-Q Quarterly Report
Accession Number: 0000004457-20-000091
Submitted to the SEC: Wed Nov 04 2020 4:29:35 PM EST
Accepted by the SEC: Wed Nov 04 2020
Period: Wednesday, September 30, 2020
Industry: Auto Rental And Leasing No Drivers