Annual report pursuant to Section 13 and 15(d)

Quarterly Selected Financial Information

v2.4.0.8
Quarterly Selected Financial Information
12 Months Ended
Dec. 31, 2013
Quarterly Selected Financial Information [Abstract]  
Quarterly Selected Financial Information
Quarterly Selected Financial Information
(In thousands, except share data and membership data)
(Unaudited)
 
For the Quarter Ended
 
March 31,
2013
 
June 30,
2013
 
September 30,
2013
 
December 31,
2013
Total revenues
$
2,525,482

 
$
2,610,538

 
$
2,795,569

 
$
2,931,740

Amounts attributable to Centene Corporation common shareholders:
Earnings from continuing operations, net of income tax expense
$
22,639

 
$
40,289

 
$
50,325

 
$
47,965

Discontinued operations, net of income tax expense (benefit)
363

 
(805
)
 
(952
)
 
5,275

Net earnings
$
23,002

 
$
39,484

 
$
49,373

 
$
53,240

 
 
 
 
 
 
 
 
Net earnings (loss) per common share attributable to Centene Corporation:
Basic:
 
 
 
 
 
 
 
Continuing operations
$
0.43

 
$
0.74

 
$
0.92

 
$
0.87

Discontinued operations
0.01

 
(0.02
)
 
(0.02
)
 
0.10

Basic earnings per common share
$
0.44

 
$
0.72

 
$
0.90

 
$
0.97

 
 
 
 
 
 
 
 
Diluted:
 
 
 
 
 
 
 
Continuing operations
$
0.41

 
$
0.71

 
$
0.88

 
$
0.84

Discontinued operations
0.01

 
0.01

 
(0.01
)
 
0.09

Diluted earnings per common share
$
0.42

 
$
0.72

 
$
0.87

 
$
0.93

 
 
 
 
 
 
 
 
Health Benefits Ratio
90.2
%
 
88.4
%
 
87.8
%
 
88.1
%
General & Administrative Expense Ratio
8.4
%
 
8.9
%
 
9.1
%
 
8.9
%
 
 
 
 
 
 
 
 
Period end at-risk membership
2,553,400

 
2,563,400

 
2,612,500

 
2,723,200


 
For the Quarter Ended
 
March 31,
2012
 
June 30,
2012
 
September 30,
2012
 
December 31,
2012
Total revenues
$
1,562,809

 
$
1,967,362

 
$
2,308,075

 
$
2,272,050

Amounts attributable to Centene Corporation common shareholders:
Earnings (loss) from continuing operations, net of income tax expense (benefit)
$
27,072

 
$
(16,656
)
 
$
59,438

 
$
18,679

Discontinued operations, net of income tax benefit
(3,094
)
 
(18,343
)
 
(55,619
)
 
(9,618
)
Net earnings (loss)
$
23,978

 
$
(34,999
)
 
$
3,819

 
$
9,061

 
 
 
 
 
 
 
 
Net earnings (loss) per common share attributable to Centene Corporation:
Basic:
 
 
 
 
 
 
 
Continuing operations
$
0.53

 
$
(0.32
)
 
$
1.15

 
$
0.36

Discontinued operations
(0.06
)
 
(0.36
)
 
(1.08
)
 
(0.19
)
Basic earnings per common share
$
0.47

 
$
(0.68
)
 
$
0.07

 
$
0.17

 
 
 
 
 
 
 
 
Diluted:
 
 
 
 
 
 
 
Continuing operations
$
0.51

 
$
(0.32
)
 
$
1.10

 
$
0.35

Discontinued operations
(0.06
)
 
(0.36
)
 
(1.03
)
 
(0.18
)
Diluted earnings per common share
$
0.45

 
$
(0.68
)
 
$
0.07

 
$
0.17

 
 
 
 
 
 
 
 
Health Benefits Ratio
87.1
%
 
91.2
%
 
88.7
%
 
90.7
%
General & Administrative Expense Ratio
10.4
%
 
8.5
%
 
8.4
%
 
8.4
%
 
 
 
 
 
 
 
 
Period end at-risk membership
2,003,800

 
2,254,000

 
2,357,600

 
2,424,500