| Calculation Of Basic And Diluted Net Earnings Per Common Share |
The following table sets forth the calculation of basic and diluted net earnings per common share for the years ended December 31:
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2012 |
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2011 |
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2010 |
Earnings attributable to Centene Corporation: |
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Earnings from continuing operations, net of tax |
$ |
1,859 |
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$ |
111,218 |
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$ |
90,947 |
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Discontinued operations, net of tax |
— |
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— |
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3,889 |
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Net earnings |
$ |
1,859 |
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$ |
111,218 |
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$ |
94,836 |
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Shares used in computing per share amounts: |
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Weighted average number of common shares outstanding |
51,509,366 |
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50,198,954 |
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48,754,947 |
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Common stock equivalents (as determined by applying the treasury stock method) |
2,205,009 |
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2,275,284 |
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1,692,941 |
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Weighted average number of common shares and potential dilutive common shares outstanding |
53,714,375 |
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52,474,238 |
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50,447,888 |
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Net earnings per common share attributable to Centene Corporation: |
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Basic: |
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Continuing operations |
$ |
0.04 |
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$ |
2.22 |
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$ |
1.87 |
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Discontinued operations |
— |
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— |
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0.08 |
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Basic earnings per common share |
$ |
0.04 |
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$ |
2.22 |
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$ |
1.95 |
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Diluted: |
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Continuing operations |
$ |
0.03 |
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$ |
2.12 |
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$ |
1.80 |
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Discontinued operations |
— |
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— |
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0.08 |
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Diluted earnings per common share |
$ |
0.03 |
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$ |
2.12 |
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$ |
1.88 |
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