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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 116,052 $ 11,917
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Amortization and depreciation 22,722 24,066
Adjustment to loss on sale of business 0 (40,822)
Gain on sale of discontinued operation (116,990) 0
Share-based compensation expense 23,413 21,345
Deferred income taxes 24,883 (14,400)
Excess tax benefit on share-based compensation (6,059) (1,279)
Net realized (gain) loss on investments (29,661) (32,320)
Other changes 6,832 11,679
Changes in assets and liabilities, net of effects of acquisitions and dispositions:    
Premiums receivable and unearned premiums (173,387) 305,568
Other current assets, receivables and noncurrent assets (78,203) (70,468)
Amounts receivable/payable under government contracts 3,218 26,453
Reserves for claims and other settlements 158,581 (68,987)
Accounts payable and other liabilities 47,765 50,445
Net cash provided by (used in) operating activities (834) 223,197
CASH FLOWS FROM INVESTING ACTIVITIES:    
Sales of investments 1,132,836 1,632,037
Maturities of investments 97,815 148,196
Purchases of investments (1,283,227) (1,742,649)
Purchases of property and equipment (55,030) (32,136)
Net cash received from sale of business 248,238 0
Purchase price adjustment on sale of Northeast Health Plans 0 82,101
Sales (purchases) of restricted investments and other 6,024 (9,647)
Net cash provided by investing activities 146,656 77,902
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercise of stock options and employee stock purchases 16,589 12,309
Excess tax benefit on share-based compensation 6,059 1,279
Repurchases of common stock (69,330) (313,440)
Borrowings under financing arrangements 110,000 697,500
Repayment of borrowings under financing arrangements (122,500) (552,500)
Net increase in checks outstanding, net of deposits 34 (40,817)
Customer funds administered (4,348) (79,232)
Net cash (used in) provided by financing activities (63,496) (274,901)
Net increase (decrease) in cash and cash equivalents 82,326 26,198
Cash and cash equivalents, beginning of period 230,253 350,138
Cash and cash equivalents, end of period 312,579 376,336
SUPPLEMENTAL CASH FLOWS DISCLOSURE:    
Interest paid 16,990 16,783
Income taxes paid $ 5,058 $ 28,209