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 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues:        
Premium $ 3,331,058 $ 2,413,312 $ 6,401,945 $ 4,801,951
Service 410,029 105,599 691,203 138,793
Premium and service revenues 3,741,087 2,518,911 7,093,148 4,940,744
Premium tax and health insurer fee 282,613 91,628 390,440 195,277
Total revenues 4,023,700 2,610,539 7,483,588 5,136,021
Expenses:        
Medical costs 2,960,101 2,134,283 5,702,554 4,288,829
Cost of services 365,888 93,300 608,172 118,365
General and administrative expenses 321,042 223,459 616,554 426,755
Premium tax expense 252,669 90,760 330,947 193,735
Health insurer fee expense 31,328 0 62,655 0
Total operating expenses 3,931,028 2,541,802 7,320,882 5,027,684
Earnings from operations 92,672 68,737 162,706 108,337
Other income (expense):        
Investment and other income 7,252 4,078 11,976 8,342
Interest expense (8,604) (7,033) (15,627) (13,658)
Earnings from continuing operations, before income tax expense 91,320 65,782 159,055 103,021
Income tax expense 44,874 25,966 79,429 40,657
Earnings from continuing operations, net of income tax expense 46,446 39,816 79,626 62,364
Discontinued operations, net of income tax expense (benefit) 1,680 (805) 847 (442)
Net earnings 48,126 39,011 80,473 61,922
Noncontrolling interest (737) (473) (1,373) (564)
Net earnings attributable to Centene Corporation 48,863 39,484 81,846 62,486
Earnings from continuing operations, net of income tax expense, attributable to Centene Corporation $ 47,183 $ 40,289 $ 80,999 $ 62,928
Basic [Abstract]        
Continuing operations $ 0.82 $ 0.74 $ 1.41 $ 1.18
Discontinued operations $ 0.03 $ (0.02) $ 0.01 $ (0.01)
Basic earnings per common share $ 0.85 $ 0.72 $ 1.42 $ 1.17
Diluted [Abstract]        
Continuing operations $ 0.79 $ 0.71 $ 1.36 $ 1.14
Discontinued operations $ 0.03 $ (0.01) $ 0.01 $ (0.01)
Diluted earnings per common share $ 0.82 $ 0.70 $ 1.37 $ 1.13
Weighted Average Number of Common Shares Outstanding        
Basic 57,758,683 54,529,036 57,622,039 53,449,077
Diluted 59,717,258 56,601,660 59,547,420 55,448,396