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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Net revenue:        
Net revenue $ 1,853,506 $ 1,419,406 $ 5,469,506 $ 4,144,168
Costs and expenses:        
Cost of care 938,031 569,306 2,802,506 1,634,624
Cost of goods sold 571,145 543,682 1,689,229 1,648,670
Direct service costs and other operating expenses 265,471 227,372 793,700 680,230
Depreciation and amortization 33,047 28,189 97,302 82,896
Interest expense 8,990 7,663 26,034 16,711
Interest and other income (4,139) (1,781) (9,978) (3,801)
Total costs and expenses 1,812,545 1,374,431 5,398,793 4,059,330
Income before income taxes 40,961 44,975 70,713 84,838
Provision for income taxes 13,816 11,739 18,565 29,206
Net income 27,145 33,236 52,148 55,632
Less: net income (loss) attributable to non-controlling interest 0 785 0 (66)
Net income attributable to Magellan $ 27,145 $ 32,451 $ 52,148 $ 55,698
Net income attributable to Magellan per common share:        
Basic (in dollars per share) $ 1.11 $ 1.39 $ 2.13 $ 2.41
Diluted (in dollars per share) $ 1.09 $ 1.32 $ 2.06 $ 2.30
Managed care and other        
Net revenue:        
Net revenue $ 1,235,787 $ 834,358 $ 3,670,890 $ 2,385,397
PBM        
Net revenue:        
Net revenue $ 617,719 $ 585,048 $ 1,798,616 $ 1,758,771