Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents of continuing operations $ 974,304 $ 745,933
Cash and cash equivalents of discontinued operations 63,769 98,019
Total cash and cash equivalents 1,038,073 843,952
Premium and related receivables 428,570 251,473
Short-term investments 102,126 138,101
Other current assets 217,661 93,322
Other current assets of discontinued operations 13,743 78,977
Total current assets 1,800,173 1,405,825
Long-term investments 791,900 554,770
Restricted deposits 46,946 34,286
Property, software and equipment, net 395,407 375,893
Goodwill 348,432 256,288
Intangible assets, net 48,780 20,268
Other long-term assets 59,357 64,278
Long term assets of discontinued operations 38,305 62,297
Total assets 3,529,300 2,773,905
Current liabilities:    
Medical claims liability 1,111,709 815,161
Accounts payable and accrued expenses 375,862 219,066
Unearned revenue 38,191 34,597
Current portion of long-term debt 3,065 3,373
Current liabilities of discontinued operations 30,294 157,116
Total current liabilities 1,559,121 1,229,313
Long-term debt 665,697 535,481
Other long-term liabilities 60,015 54,987
Long term liabilities of discontinued operations 1,028 357
Total liabilities 2,285,861 1,820,138
Commitments and contingencies      
Stockholders' equity:    
Common stock, $.001 par value; authorized 100,000,000 shares; 58,673,215 issued and 55,319,239 outstanding at December 31, 2013, and 55,339,160 issued and 52,329,248 outstanding at December 31, 2012 59 55
Additional paid-in capital 594,326 450,856
Accumulated other comprehensive income:    
Unrealized gain on investments, net of tax (2,620) 5,189
Retained earnings 731,919 566,820
Treasury stock, at cost (3,353,976 and 3,009,912 shares, respectively) (89,643) (69,864)
Total Centene stockholders’ equity 1,234,041 953,056
Noncontrolling interest 9,398 711
Total stockholders’ equity 1,243,439 953,767
Total liabilities and stockholders’ equity $ 3,529,300 $ 2,773,905