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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ 185,677 $ 145,629 $ 170,126
Adjustments to reconcile net income to net cash provided by operating activities:      
Amortization and depreciation 22,533 29,786 38,589
Asset impairment charges 1,884 88,536 0
Share-based compensation expense 29,451 28,334 29,930
Deferred income taxes (10,894) (16,564) 8,645
Excess tax benefit on share-based compensation (4,855) (2,230) (620)
Net realized gain on investments (191) (2,710) (24,061)
Other changes 38,119 29,838 31,539
Changes in assets and liabilities, net of effects of acquisitions and dispositions:      
Premiums receivable and unearned premiums 46,315 (549,786) (83,822)
Other current assets, receivables and noncurrent assets (315,238) (444,288) 1,425
Amounts receivable/payable under government contracts (98,039) 39,754 20,896
Reserves for claims and other settlements (402,643) 911,960 (53,898)
Accounts payable and other liabilities 938,976 517,742 (42,910)
Net cash provided by operating activities 431,095 776,001 95,839
CASH FLOWS FROM INVESTING ACTIVITIES:      
Sales of investments 953,092 441,430 696,534
Maturities of investments 104,095 98,901 93,225
Purchases of investments (1,538,128) (665,200) (722,223)
Purchases of property and equipment (60,949) (62,010) (59,525)
Sales (purchases) of restricted investments and other (4,759) 2,027 (7,432)
Net cash (used in) provided by investing activities (546,649) (184,852) 579
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from exercise of stock options and employee stock purchases 18,972 27,727 10,762
Excess tax benefit on share-based compensation 4,855 2,230 620
Repurchases of common stock (112,977) (152,549) (77,810)
Borrowings under financing arrangements 360,000 0 345,000
Repayment of borrowings under financing arrangements (175,000) 0 (345,000)
Net decrease in checks outstanding, net of deposits 0 0 (23,842)
Customer funds administered 147,425 (32,579) 86,897
Net cash provided by (used in) financing activities 243,275 (155,171) (3,373)
Net increase in cash and cash equivalents 127,721 435,978 93,045
Cash and cash equivalents, beginning of year 869,133 433,155 340,110
Cash and cash equivalents, end of year 996,854 869,133 433,155
SUPPLEMENTAL CASH FLOWS DISCLOSURE:      
Interest paid 31,622 29,670 30,789
Income taxes paid $ 276,468 $ 83,499 $ 80,119