Centene Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Property, Software And Equipment

Property, Software And Equipment

12 Months Ended

Dec. 31, 2012

Property, Software and Equipment [Abstract]

Property, software and equipment consist of the following as of December 31:



	2012			2011
Computer software	$	164,797		$	158,672
Building	193,187			186,194
Land	70,276			47,614
Computer hardware	57,851			51,805
Furniture and office equipment	44,327			37,865
Leasehold improvements	50,671			44,766
	581,109			526,916
Less accumulated depreciation	(203,383		)	(177,294		)
Property, software and equipment, net	$	377,726		$	349,622

As of December 31, 2012 and 2011, the Company had assets acquired under capital leases included above of $6,133 and $6,316, net of accumulated amortization of $1,595 and $1,285, respectively. Amortization on assets under capital leases charged to expense is included in depreciation expense. Depreciation expense for the years ended December 31, 2012, 2011 and 2010 was $50,112, $42,249 and $37,131, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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