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Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues        
Health plan services premiums $ 2,578,874 $ 2,618,927 $ 5,210,943 $ 5,239,876
Government contracts 139,942 176,248 274,454 357,610
Net investment income 17,143 24,697 46,694 47,001
Administrative services fees and other income 2,472 8,662 3,377 14,446
Divested operations and services revenue 0 12,805 0 12,805
Total revenues 2,738,431 2,841,339 5,535,468 5,671,738
Expenses        
Health plan services (excluding depreciation and amortization) 2,191,918 2,358,455 4,460,654 4,702,114
Government contracts 127,400 153,406 252,875 315,716
General and administrative 291,437 228,756 536,672 466,032
Selling 57,769 58,390 116,330 119,951
Depreciation and amortization 9,514 7,385 18,953 14,815
Interest 8,365 8,246 16,653 16,874
Divested operations and services expenses 0 19,290 0 42,386
Total expenses 2,686,403 2,833,928 5,402,137 5,677,888
Income (loss) from continuing operations before income taxes 52,028 7,411 133,331 (6,150)
Income tax provision (benefit) 18,545 2,241 49,798 (3,186)
Income (loss) from continuing operations 33,483 5,170 83,533 (2,964)
Discontinued operations:        
Loss from discontinued operation, net of tax 0 0 0 (18,452)
Gain on sale of discontinued operation, net of tax 0 119,440 0 119,440
Income on discontinued operation, net of tax 0 119,440 0 100,988
Net income $ 33,483 $ 124,610 $ 83,533 $ 98,024
Net income per share—basic:        
Income (loss) from continuing operations $ 0.42 $ 0.06 $ 1.05 $ (0.04)
Income on discontinued operation, net of tax $ 0.00 $ 1.44 $ 0.00 $ 1.22
Net income per share—basic $ 0.42 $ 1.50 $ 1.05 $ 1.18
Net income per share—diluted:        
Income (loss) from continuing operations $ 0.42 $ 0.06 $ 1.04 $ (0.04)
Income on discontinued operation, net of tax $ 0.00 $ 1.42 $ 0.00 $ 1.20
Net income per share—diluted $ 0.42 $ 1.48 $ 1.04 $ 1.16
Weighted average shares outstanding:        
Basic 79,367 83,255 79,438 82,882
Diluted 80,085 84,037 80,287 84,160