Centene Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Property, Software And Equipment

Property, Software And Equipment

12 Months Ended

Dec. 31, 2011

Property, Software And Equipment [Abstract]

Property, Software And Equipment

7. Property, Software and Equipment

Property, software and equipment consist of the following as of December 31:


	2011			2010
Computer software	$	158,672		$	141,918
Building		186,194			171,072
Land		47,614			44,282
Computer hardware		51,805			35,639
Furniture and office equipment		37,865			33,812
Leasehold improvements		44,766			38,247

		526,916			464,970
Less accumulated depreciation		(177,294	)		(138,629	)

Property, software and equipment, net	$	349,622		$	326,341

As of December 31, 2011 and 2010, the Company had assets acquired under capital leases of $6,316 and $6,339, net of accumulated amortization of $1,285 and $1,041, respectively. Amortization on assets under capital leases charged to expense is included in depreciation expense. Depreciation expense for the years ended December 31, 2011, 2010 and 2009 was $42,249, $37,131 and $33,103, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References + Details