Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements Of Operations

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Consolidated Statements Of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues:        
Premium $ 2,621,651 $ 2,184,061 $ 7,659,418 $ 5,853,469
Service 112,497 28,403 251,290 84,062
Premium and service revenues 2,734,148 2,212,464 7,910,708 5,937,531
Premium tax 69,504 235,657 264,781 333,484
Total revenues 2,803,652 2,448,121 8,175,489 6,271,015
Expenses:        
Medical costs 2,298,881 2,036,999 6,810,892 5,370,080
Cost of services 100,479 21,744 218,844 66,897
General and administrative expenses 253,608 181,073 694,204 512,322
Premium tax expense 68,453 235,946 262,188 333,872
Impairment loss 0 0 0 28,033
Total operating expenses 2,721,421 2,475,762 7,986,128 6,311,204
Earnings (loss) from operations 82,231 (27,641) 189,361 (40,189)
Other income (expense):        
Investment and other income 4,946 23,244 13,703 32,580
Interest expense (6,603) (4,855) (20,261) (14,393)
Earnings (loss) before income tax expense (benefit) 80,574 (9,252) 182,803 (22,002)
Income tax expense (benefit) 31,660 (9,547) 71,967 (6,068)
Net earnings (loss) 48,914 295 110,836 (15,934)
Noncontrolling interest (459) (3,524) (1,023) (8,732)
Net earnings (loss) attributable to Centene Corporation $ 49,373 $ 3,819 $ 111,859 $ (7,202)
Basic earnings (loss) per common share (in dollars per share) $ 0.90 $ 0.07 $ 2.08 $ (0.14)
Diluted earnings (loss) per common share (in dollars per share) $ 0.87 $ 0.07 $ 2.00 $ (0.14)
Weighted Average Number of Common Shares Outstanding        
Basic (in shares) 54,679,660 51,584,860 53,863,779 51,393,345
Diluted (in shares) 56,933,056 53,806,197 55,956,421 51,393,345