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SCHEDULE I-CONDENSED FINANCIAL INFORMATION OF REGISTRANT – CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Costs and expenses:                      
Direct service costs and other operating expenses $ 261,653 $ 227,372 $ 231,372 $ 221,486 $ 240,985 $ 229,094 $ 214,077 $ 192,456 $ 941,883 [1],[2],[3] $ 876,612 [1],[2],[3] $ 822,392 [1],[2],[3]
Interest expense 9,266 7,663 4,900 4,148 3,413 3,038 1,994 1,748 25,977 10,193 6,581
Interest and other income (2,086) (1,781) (1,071) (949) (702) (741) (692) (683) (5,887) (2,818) (2,165)
Total costs and expenses 1,644,029 1,374,431 1,408,551 1,276,348 1,201,139 1,248,192 1,150,418 1,091,618 5,703,359 4,691,367 4,526,284
Income (loss) before income taxes 50,386 44,975 10,588 29,275 62,246 43,940 13,927 25,404 135,224 145,517 71,116
Benefit for income taxes 4,123 (11,739) (5,661) (11,806) (26,469) (18,631) (12,615) (12,013) (25,083) (69,728) (42,409)
Net income attributable to Magellan $ 54,509 $ 32,451 $ 5,500 $ 17,747 $ 35,175 $ 25,509 $ 3,958 $ 13,237 110,207 77,879 31,413
Other comprehensive income:                      
Unrealized (loss) gain on available-for-sale securities [4]                 (205) 87 (119)
Comprehensive income                 110,002 77,966 31,294
Magellan Health, Inc.                      
Costs and expenses:                      
Direct service costs and other operating expenses                 38,157 41,336 26,613
Interest expense                 8,343    
Interest and other income                 (157)    
Total costs and expenses                 46,343 41,336 26,613
Income (loss) before income taxes                 (46,343) (41,336) (26,613)
Benefit for income taxes                 17,918 16,072 10,045
Net loss before equity in subsidiaries                 (28,425) (25,264) (16,568)
Equity in earnings from subsidiaries                 138,632 103,143 47,981
Net income attributable to Magellan                 110,207 77,879 31,413
Other comprehensive income:                      
Unrealized (loss) gain on available-for-sale securities                 (205) 87 (119)
Comprehensive income                 $ 110,002 $ 77,966 $ 31,294
[1] Includes changes in fair value of contingent consideration of $44,257, $(104) and $696 for the years ended December 31, 2015, 2016 and 2017, respectively.
[2] Includes impairment of intangible assets of $4,800 for the year ended December 31, 2016.
[3] Includes stock compensation expense of $50,384, $37,422 and $39,116 for the years ended December 31, 2015, 2016 and 2017, respectively.
[4] Net of income tax (benefit) expense of $(68), $51 and $(8) for the years ended December 31, 2015, 2016 and 2017, respectively.