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Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenue:    
Premium revenue$ 1,138,230$ 1,005,115$ 3,348,438$ 2,947,020
Service revenue37,72832,271111,29053,325
Investment income7641,7603,8044,880
Total revenue1,176,7221,039,1463,463,5323,005,225
Expenses:    
Medical care costs959,158845,9372,822,0492,508,366
Cost of service revenue34,58427,605105,02041,859
General and administrative expenses99,61088,660290,967245,619
Premium tax expenses36,37435,037110,633104,578
Depreciation and amortization13,43011,95438,58733,234
Total expenses1,143,1561,009,1933,367,2562,933,656
Operating income33,56629,95396,27671,569
Interest expense4,3804,60011,66612,056
Income before income taxes29,18625,35384,61059,513
Provision for income taxes10,2369,18030,83222,171
Net income$ 18,950$ 16,173$ 53,778$ 37,342
Net income per share (1):    
Basic$ 0.41[1]$ 0.38[1]$ 1.18[1]$ 0.94[1]
Diluted$ 0.41[1]$ 0.38[1]$ 1.16[1]$ 0.93[1]
Weighted average shares outstanding (1):    
Basic45,834[1]42,177[1]45,693[1]39,767[1]
Diluted46,296[1]42,546[1]46,334[1]40,203[1]
[1] All applicable share and per-share amounts reflect the retroactive effects of the three-for-two common stock split in the form of a stock dividend that was effective May 20, 2011.