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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 546,811 $ 763,946
Short-term investments 394,346 230,007
Premium receivables 106,510 83,203
Deferred income taxes 24,720 28,063
Provider and other receivables 34,767 32,861
Prepaid expenses 37,851 13,538
Other current assets 20,755 7,083
Total current assets 1,165,760 1,158,701
Long-term investments 1,118,127 639,165
Investments on deposit for licensure 128,063 114,839
Property, equipment and software, net 110,602 96,967
Other long-term assets 18,300 13,220
Goodwill 260,496 260,496
Total assets 2,801,348 2,283,388
Current liabilities:    
Claims payable 573,448 510,675
Unearned revenue 780 103,067
Accrued payroll and related liabilities 63,475 71,253
Contractual refunds payable 40,123 44,563
Accounts payable, accrued expenses and other 149,353 121,283
Current portion of long-term debt 256,995 0
Total current liabilities 1,084,174 850,841
Long-term debt 400,000 245,750
Deferred income taxes 19,447 7,393
Other long-term liabilities 13,208 13,767
Total liabilities 1,516,829 1,117,751
Commitments and contingencies (Note 10)      
Stockholders' equity:    
Common stock, $0.01 par value. Authorized 100,000,000 shares; outstanding 46,878,474 and 48,167,229 at December 31, 2011 and 2010, respectively 573 554
Additional paid-in capital 637,605 543,611
Accumulated other comprehensive income 11,942 627
Retained earnings 1,059,624 864,003
Stockholders' equity before treasury stock 1,709,744 1,408,795
Less treasury stock at cost (11,201,634 and 7,759,234 shares at December 31, 2011 and 2010, respectively) (425,225) (243,158)
Total stockholders' equity 1,284,519 1,165,637
Total liabilities and stockholders' equity $ 2,801,348 $ 2,283,388