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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues      
Health plan services premiums $ 10,459,098 $ 9,878,687 $ 9,492,460
Government contracts 689,121 1,416,619 3,344,483
Net investment income 82,434 74,161 71,181
Administrative service fees and other income 17,968 11,523 21,126
Divested operations and services revenue 40,471 34,446 186,167
Total revenues 11,289,092 11,415,436 13,115,417
Expenses      
Health plan services (excluding depreciation and amortization) 9,316,313 8,539,754 8,219,832
Government contracts 605,074 1,237,884 3,168,160
General and administrative 939,940 1,052,458 877,606
Selling 245,925 237,562 238,030
Depreciation and amortization 31,146 31,152 33,400
Interest 33,220 32,131 34,880
Divested operations and services expenses 85,824 163,546 295,324
Adjustment to loss on sale of Northeast health plan subsidiaries 0 (40,815) (41,959)
Asset impairments 0 0 6,000
Early debt extinguishment charge 0 0 3,532
Total expenses 11,257,442 11,253,672 12,834,805
Income (loss) from operations before income taxes 31,650 161,764 280,612
Income tax provision 5,969 100,708 108,727
Income from continuing operations 25,681 61,056 171,885
(Loss) income from discontinued operation, net of tax (18,452) 11,064 32,358
Gain on sale of discontinued operation, net of tax 114,834 0 0
Income on discontinued operation, net of tax 96,382 11,064 32,358
Net income (loss) $ 122,063 $ 72,120 $ 204,243
Net income per share - basic:      
Income from continuing operations $ 0.31 $ 0.69 $ 1.75
Income on discontinued operation, net of tax $ 1.18 $ 0.12 $ 0.33
Net income per share - basic $ 1.49 $ 0.81 $ 2.08
Net income per share - diluted:      
Income from continuing operations $ 0.31 $ 0.68 $ 1.73
Income on discontinued operation, net of tax $ 1.16 $ 0.12 $ 0.33
Net income per share - diluted $ 1.47 $ 0.80 $ 2.06
Weighted average shares outstanding:      
Basic 82,158 88,524 98,232
Diluted 83,112 89,970 99,232