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Document and Entity Information - shares | 3 Months Ended | |
---|---|---|
Dec. 31, 2021 | Feb. 04, 2022 | |
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 | 2022 | |
Trading Symbol | UHAL | |
Document Type | 10-Q | |
Document Fiscal Period Focus | Q3 | |
Document Period End Date | Dec. 31, 2021 | |
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:
https://last10k.com/sec-filings/report/4457/000000445722000011/uhal-20211231.htm
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 2022 10-K Annual Report includes:
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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.
Operating expenses for Moving and Storage increased $357.3 million largely from personnel, fleet repair and maintenance, property taxes, payment processing and freight costs associated with U-Box.
Operating expenses for Moving and Storage increased $357.3 million largely from personnel, fleet repair and maintenance, property taxes, payment processing and freight costs associated with U-Box.
The various sections of this MD&A contain a number of forward-looking statements, as discussed under the caption, Cautionary Statements Regarding Forward-Looking Statements, all of which are based on our current expectations and could be affected by the uncertainties and risks described throughout this filing or in our most recent Annual Report on Form 10-K for the fiscal year ended March 31, 2021.
Life benefits increased $0.9 million primarily due to increased mortality on the final expense product partially attributable to COVID-19, offset by decreased benefits on single premium life product.
The decrease resulted from net...Read more
Total costs and expenses increased...Read more
Total costs and expenses increased...Read more
Total costs and expenses increased...Read more
If we intend to sell...Read more
49 Total costs and expenses...Read more
Cash from the sales of...Read more
Operating expenses for Moving and...Read more
Operating expenses for Moving and...Read more
For our insurance subsidiaries, net...Read more
This was partially offset by...Read more
The increase in the Annuity...Read more
Net cash provided by operating...Read more
Net cash used in investing...Read more
Net cash provided by financing...Read more
Life premiums decreased $0.7 million...Read more
This was offset by an...Read more
Interest credited to policyholders increased...Read more
This was partially offset by...Read more
Other revenue increased $123.8 million...Read more
Other revenue increased $123.3 million...Read more
Other revenue increased $30.6 million...Read more
Other revenue increased $30.4 million...Read more
Life benefits decreased $0.5 million...Read more
Investment income from fixed maturities...Read more
Sales of self-moving and self-storage...Read more
Sales of self-moving and self-storage...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
Fiscal 2022 Outlook We will...Read more
Reinvestment in the rental fleet...Read more
Premiums on the remaining lines...Read more
Premiums on the remaining lines...Read more
Moving and Storage Nine Months...Read more
AMERCO and Consolidated Entities Nine...Read more
48 Moving and Storage Quarter...Read more
The premium increase corresponded with...Read more
46 Results of Operations AMERCO...Read more
Self-storage revenues increased $103.1 million...Read more
Self-storage revenues increased $103.1 million...Read more
Self-storage revenues increased $36.4 million...Read more
Self-storage revenues increased $36.4 million...Read more
Property and casualty insurance premiums...Read more
Property and casualty insurance premiums...Read more
Cost of goods sold associated...Read more
Cost of goods sold associated...Read more
Transactions for both our In-Town...Read more
Transactions for both our In-Town...Read more
Transactions for both our In-Town...Read more
Transactions for both our In-Town...Read more
This quarter's 21% improvement is...Read more
This quarter's 21% improvement is...Read more
Life Insurance is pursuing its...Read more
Life insurance premiums decreased $7.3...Read more
Life insurance premiums decreased $3.0...Read more
The premium increase corresponded with...Read more
The premium increase corresponded with...Read more
The premium increase corresponded with...Read more
The increase is primarily due...Read more
58 Liquidity and Capital Resources...Read more
Interest expense for the first...Read more
Gains on the disposal or...Read more
Gains on the disposal or...Read more
A net gain of $1.4...Read more
We believe that our basic...Read more
General We begin Management's Discussion...Read more
55 Liquidity and Capital Resources...Read more
Increases from our larger invested...Read more
Our primary focus is to...Read more
Net investment and interest income...Read more
Capital and operating budgets allow...Read more
Net operating expenses were $12.2...Read more
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
Over the last twelve months...Read more
Over the last twelve months...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: 0000004457-22-000011
Submitted to the SEC: Wed Feb 09 2022 4:09:57 PM EST
Accepted by the SEC: Wed Feb 09 2022
Period: Friday, December 31, 2021
Industry: Auto Rental And Leasing No Drivers