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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 624,330 $ 546,811
Short-term investments 157,657 394,346
Premium receivables 312,183 106,510
Deferred income taxes 28,253 24,720
Provider and other receivables 40,943 34,767
Prepaid expenses and other 58,265 58,606
Total current assets 1,221,631 1,165,760
Long-term investments 1,059,800 1,118,127
Investments on deposit for licensure 182,604 128,063
Property, equipment and software, net 121,939 110,602
Other long-term assets 44,580 18,300
Goodwill 316,747 260,496
Total assets 2,947,301 2,801,348
Current liabilities:    
Claims payable 686,498 573,448
Unearned revenue 93,043 780
Accrued payroll and related liabilities 66,494 63,475
Contractual refunds payable 44,241 40,123
Accounts payable, accrued expenses and other 166,512 149,353
Current portion of long-term debt 0 256,995
Total current liabilities 1,056,788 1,084,174
Long-term debt 477,648 400,000
Deferred income taxes 23,101 19,447
Other long-term liabilities 11,663 13,208
Total liabilities 1,569,200 1,516,829
Stockholders' equity:    
Common stock, $0.01 par value. Authorized 100,000,000 shares; outstanding 47,413,878 and 46,878,474 at June 30, 2012 and December 31, 2011, respectively 598 573
Additional paid-in capital 797,816 637,605
Accumulated other comprehensive income 13,946 11,942
Retained earnings 1,124,734 1,059,624
Stockholders' equity before treasury stock 1,937,094 1,709,744
Less treasury stock at cost (13,398,367 and 11,201,634 shares at June 30, 2012 and December 31, 2011, respectively) (558,993) (425,225)
Total stockholders' equity 1,378,101 1,284,519
Total liabilities and stockholders' equity $ 2,947,301 $ 2,801,348