Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.0.6
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 573,698 $ 434,166
Premium and related receivables, net of allowance for uncollectible accounts of $639 and $17, respectively 157,450 136,243
Short-term investments, at fair value (amortized cost $129,232 and $21,141, respectively) 130,499 21,346
Other current assets 78,363 65,066
Total current assets 940,010 656,821
Long-term investments, at fair value (amortized cost $497,805 and $585,862, respectively) 506,140 595,879
Restricted deposits, at fair value (amortized cost $26,751 and $22,755, respectively) 26,818 22,758
Property, software and equipment, net of accumulated depreciation of $177,294 and $138,629, respectively 349,622 326,341
Goodwill 281,981 278,051
Intangible assets, net 27,430 29,109
Other long-term assets 58,335 34,923
Total assets 2,190,336 1,943,882
Current liabilities:    
Medical claims liability 607,985 456,765
Accounts payable and accrued expenses 216,504 188,320
Unearned revenue 9,890 117,344
Current portion of long-term debt 3,234 2,817
Total current liabilities 837,613 765,246
Long-term debt 348,344 327,824
Other long-term liabilities 67,960 53,757
Total liabilities 1,253,917 1,146,827
Commitments and contingencies      
Stockholders' equity:    
Common stock, $.001 par value; authorized 100,000,000 shares; 53,586,726 issued and 50,864,618 outstanding at December 31, 2011, and 52,172,037 issued and 49,616,824 outstanding at December 31, 2010 54 52
Additional paid-in capital 421,981 384,206
Accumulated other comprehensive income:    
Unrealized gain on investments, net of tax 5,761 6,424
Retained earnings 564,961 453,743
Treasury stock, at cost (2,722,108 and 2,555,213 shares, respectively) (57,123) (50,486)
Total Centene stockholders' equity 935,634 793,939
Noncontrolling interest 785 3,116
Total stockholders' equity 936,419 797,055
Total liabilities and stockholders' equity $ 2,190,336 $ 1,943,882