2013 Q4 Form 10-Q Financial Statement

#000117992913000005 Filed on October 30, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q3
Revenue $1.706B $1.687B $1.540B
YoY Change 8.09% 9.54% 30.88%
Cost Of Revenue $1.457B $1.423B $1.357B
YoY Change 10.45% 4.89% 36.56%
Gross Profit $249.0M $263.8M $183.2M
YoY Change -3.9% 44.0% 0.11%
Gross Profit Margin 14.6% 15.64% 11.89%
Selling, General & Admin $231.4M $220.0M $164.9M
YoY Change 21.09% 33.41% 21.25%
% of Gross Profit 92.93% 83.4% 90.01%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $25.90M $24.13M $20.28M
YoY Change 26.34% 18.98% 13.85%
% of Gross Profit 10.4% 9.15% 11.07%
Operating Expenses $251.7M $238.9M $180.8M
YoY Change 21.42% 32.13% 20.94%
Operating Profit -$2.700M $24.93M $2.368M
YoY Change -104.99% 952.62% -92.95%
Interest Expense -$13.80M $13.53M $4.315M
YoY Change 220.93% 213.6% -1.48%
% of Operating Profit 54.29% 182.22%
Other Income/Expense, Net $0.00 -$13.51M -$4.499M
YoY Change -100.0% 200.24%
Pretax Income -$16.50M $11.42M -$2.131M
YoY Change -132.9% -635.8% -107.3%
Income Tax -$7.500M $3.865M -$1.966M
% Of Pretax Income 33.85%
Net Earnings -$9.126M $7.569M $3.364M
YoY Change -135.59% 125.0% -82.25%
Net Earnings / Revenue -0.54% 0.45% 0.22%
Basic Earnings Per Share -$0.20 $0.17 $0.07
Diluted Earnings Per Share -$0.20 $0.16 $0.07
COMMON SHARES
Basic Shares Outstanding 45.76M shares 45.70M shares 46.55M shares
Diluted Shares Outstanding 47.06M shares 46.88M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.639B $1.592B $1.072B
YoY Change 43.94% 48.42% 32.0%
Cash & Equivalents $936.0M $856.6M $715.5M
Short-Term Investments $703.1M $735.2M $356.9M
Other Short-Term Assets $42.48M $50.06M $30.00M
YoY Change 49.67% 66.86% -17.58%
Inventory
Prepaid Expenses
Receivables $298.9M $294.0M $156.9M
Other Receivables $32.80M $0.00 $33.50M
Total Short-Term Assets $2.040B $1.966B $1.314B
YoY Change 51.18% 49.6% 27.04%
LONG-TERM ASSETS
Property, Plant & Equipment $292.1M $267.3M $211.0M
YoY Change 31.9% 26.69% 65.21%
Goodwill $230.7M $230.8M $151.1M
YoY Change 52.72% 52.75%
Intangibles
YoY Change
Long-Term Investments $10.90M $11.70M $13.50M
YoY Change -18.66% -13.33% -25.41%
Other Assets $46.46M $35.74M $20.10M
YoY Change 136.8% 77.81% -82.87%
Total Long-Term Assets $948.3M $958.9M $592.7M
YoY Change 61.92% 61.77% 1.54%
TOTAL ASSETS
Total Short-Term Assets $2.040B $1.966B $1.314B
Total Long-Term Assets $948.3M $958.9M $592.7M
Total Assets $2.988B $2.925B $1.907B
YoY Change 54.43% 53.38% 17.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $320.0M $282.7M $151.0M
YoY Change 73.91% 87.22% 6.56%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $182.0M $109.0K $1.143M
YoY Change 15658.27% -90.46%
Total Short-Term Liabilities $1.294B $1.045B $831.9M
YoY Change 56.27% 25.66% 37.65%
LONG-TERM LIABILITIES
Long-Term Debt $602.9M $770.1M $260.6M
YoY Change 130.3% 195.57% 55.0%
Other Long-Term Liabilities $26.35M $25.15M $22.10M
YoY Change 12.23% 13.8% -46.1%
Total Long-Term Liabilities $26.35M $25.15M $282.7M
YoY Change -90.76% -91.1% 35.18%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.294B $1.045B $831.9M
Total Long-Term Liabilities $26.35M $25.15M $282.7M
Total Liabilities $2.110B $2.032B $1.152B
YoY Change 83.08% 76.4% 37.72%
SHAREHOLDERS EQUITY
Retained Earnings $553.1M $562.3M $474.6M
YoY Change 10.58% 18.48%
Common Stock $340.8M $332.0M $280.7M
YoY Change 19.38% 18.25% 7.9%
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00 $0.00
YoY Change -100.0%
Treasury Stock Shares 0.000 shares
Shareholders Equity $892.9M $892.8M $755.0M
YoY Change
Total Liabilities & Shareholders Equity $3.003B $2.925B $1.907B
YoY Change 55.2% 53.38% 17.84%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income -$9.126M $7.569M $3.364M
YoY Change -135.59% 125.0% -82.25%
Depreciation, Depletion And Amortization $25.90M $24.13M $20.28M
YoY Change 26.34% 18.98% 13.85%
Cash From Operating Activities $78.40M $223.4M $28.00M
YoY Change -6.44% 697.86% -30.52%
INVESTING ACTIVITIES
Capital Expenditures -$33.60M -$29.20M -$19.20M
YoY Change 31.25% 52.08% 28.0%
Acquisitions
YoY Change
Other Investing Activities $31.70M -$80.40M -$10.20M
YoY Change 39.04% 688.24% -191.07%
Cash From Investing Activities -$1.900M -$109.6M -$29.50M
YoY Change -32.14% 271.53% 656.41%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $50.00M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.900M 0.000 -10.20M
YoY Change -514.29% -100.0% 25.93%
NET CHANGE
Cash From Operating Activities 78.40M 223.4M 28.00M
Cash From Investing Activities -1.900M -109.6M -29.50M
Cash From Financing Activities 2.900M 0.000 -10.20M
Net Change In Cash 79.40M 113.8M -11.70M
YoY Change -1.12% -1072.65% -141.34%
FREE CASH FLOW
Cash From Operating Activities $78.40M $223.4M $28.00M
Capital Expenditures -$33.60M -$29.20M -$19.20M
Free Cash Flow $112.0M $252.6M $47.20M
YoY Change 2.38% 435.17% -14.65%

Facts In Submission

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us-gaap Health Care Organization Premium Revenue
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4066737000 USD
CY2013Q3 us-gaap Health Care Organization Premium Revenue
HealthCareOrganizationPremiumRevenue
1584656000 USD
CY2012Q3 us-gaap Health Care Organization Premium Revenue
HealthCareOrganizationPremiumRevenue
1448600000 USD
CY2013Q3 us-gaap Held To Maturity Securities
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65225000 USD
CY2013Q3 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
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5596000 USD
CY2013Q3 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
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5592000 USD
CY2013Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
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59636000 USD
CY2013Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
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59633000 USD
CY2013Q3 us-gaap Held To Maturity Securities Fair Value
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65232000 USD
CY2012Q3 us-gaap Income Loss From Continuing Operations
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us-gaap Income Loss From Continuing Operations
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53871000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations
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7553000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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11418000 USD
CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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-2131000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
97662000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-24441000 USD
us-gaap Income Loss From Continuing Operations Per Basic Share
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1.18
us-gaap Income Loss From Continuing Operations Per Basic Share
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-0.29
CY2012Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2013Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.17
us-gaap Income Loss From Continuing Operations Per Diluted Share
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1.15
CY2012Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.01
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.29
CY2013Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.16
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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3529000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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-2525000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
8184000 USD
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
16000 USD
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
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CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.08
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
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CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.18
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.08
us-gaap Interest Expense Debt
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us-gaap Interest And Dividend Income Operating
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4884000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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-0.05
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us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3865000 USD
us-gaap Income Taxes Paid
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72156000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
1074000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-9030000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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20991000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
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-1012000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-21878000 USD
us-gaap Increase Decrease In Deferred Income Taxes
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38442000 USD
us-gaap Increase Decrease In Deferred Income Taxes
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-523000 USD
us-gaap Increase Decrease In Deferred Revenue
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92354000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-17410000 USD
us-gaap Increase Decrease In Health Care Insurance Liabilities
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133987000 USD
us-gaap Increase Decrease In Health Care Insurance Liabilities
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138176000 USD
us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
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7574000 USD
us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
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4775000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
10574000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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27552000 USD
us-gaap Increase Decrease In Receivables
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144285000 USD
us-gaap Increase Decrease In Receivables
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-10989000 USD
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21124000 USD
us-gaap Increase Decrease Of Restricted Investments
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3034000 USD
CY2012Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
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0 shares
CY2013Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
910000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
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0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
527000 shares
CY2013Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
453000 shares
CY2012Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
334000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
532000 shares
us-gaap Interest And Dividend Income Operating
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CY2012Q3 us-gaap Interest And Dividend Income Operating
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1155000 USD
CY2013Q3 us-gaap Interest And Dividend Income Operating
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1740000 USD
us-gaap Interest Expense
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CY2013Q3 us-gaap Interest Expense
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CY2012Q3 us-gaap Interest Expense
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4315000 USD
us-gaap Interest Expense
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12421000 USD
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9359000 USD
us-gaap Interest Expense Debt
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24874000 USD
CY2012Q3 us-gaap Interest Expense Debt
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3252000 USD
CY2012Q3 us-gaap Interest Expense Debt Excluding Amortization
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1753000 USD
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
5259000 USD
CY2013Q3 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
3300000 USD
us-gaap Interest Expense Debt Excluding Amortization
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9127000 USD
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us-gaap Interest Paid
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us-gaap Investment Income Net Amortization Of Discount And Premium
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us-gaap Investment Income Net Amortization Of Discount And Premium
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CY2012Q4 us-gaap Letters Of Credit Outstanding Amount
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CY2013Q3 us-gaap Liabilities
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2032218000 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
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1934822000 USD
CY2013Q3 us-gaap Liabilities And Stockholders Equity
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us-gaap Liabilities Assumed1
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59947000 USD
us-gaap Liabilities Assumed1
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CY2013Q3 us-gaap Liabilities Current
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CY2013Q3 us-gaap Liability For Claims And Claims Adjustment Expense
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40000000 USD
CY2013Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
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170000000 USD
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
24926000 USD
CY2012Q3 us-gaap Operating Income Loss
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2368000 USD
us-gaap Operating Income Loss
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us-gaap Operating Income Loss
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139245000 USD
CY2012Q3 us-gaap Operating Leases Income Statement Lease Revenue
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us-gaap Number Of Reportable Segments
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CY2013Q3 us-gaap Number Of Reportable Segments
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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264024000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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111744000 USD
CY2012Q3 us-gaap Net Income Loss
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3364000 USD
us-gaap Net Income Loss
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CY2013Q3 us-gaap Net Income Loss
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7569000 USD
us-gaap Net Income Loss
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CY2013Q3 us-gaap Long Term Debt
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CY2012Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1155000 USD
CY2013Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
550000000 USD
CY2013Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
187000000 USD
CY2013Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 USD
CY2013Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 USD
CY2013Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2013Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
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CY2013Q3 us-gaap Marketable Securities Current
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CY2012Q4 us-gaap Marketable Securities Current
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342845000 USD
CY2013Q3 us-gaap Minimum Lease Payments Sale Leaseback Transactions
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CY2013Q3 us-gaap Minimum Lease Payments Sale Leaseback Transactions Remainder Of Fiscal Year
MinimumLeasePaymentsSaleLeasebackTransactionsRemainderOfFiscalYear
3300000 USD
CY2013Q3 us-gaap Minimum Lease Payments Sale Leaseback Transactions Thereafter
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385813000 USD
CY2013Q3 us-gaap Minimum Lease Payments Sale Leaseback Transactions Within Five Years
MinimumLeasePaymentsSaleLeasebackTransactionsWithinFiveYears
20137000 USD
CY2013Q3 us-gaap Minimum Lease Payments Sale Leaseback Transactions Within Four Years
MinimumLeasePaymentsSaleLeasebackTransactionsWithinFourYears
19496000 USD
CY2013Q3 us-gaap Minimum Lease Payments Sale Leaseback Transactions Within One Year
MinimumLeasePaymentsSaleLeasebackTransactionsWithinOneYear
14395000 USD
CY2013Q3 us-gaap Minimum Lease Payments Sale Leaseback Transactions Within Three Years
MinimumLeasePaymentsSaleLeasebackTransactionsWithinThreeYears
18877000 USD
CY2013Q3 us-gaap Minimum Lease Payments Sale Leaseback Transactions Within Two Years
MinimumLeasePaymentsSaleLeasebackTransactionsWithinTwoYears
18277000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Operating Leases Income Statement Lease Revenue
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CY2013Q3 us-gaap Other Assets Noncurrent
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2012Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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455000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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1075000 USD
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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1734000 USD
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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2087000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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659000 USD
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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793000 USD
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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CY2013Q3 us-gaap Other Liabilities Noncurrent
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CY2012Q3 us-gaap Other Nonoperating Expense
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us-gaap Other Nonoperating Income Expense
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CY2013Q3 us-gaap Other Nonoperating Income Expense
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us-gaap Payments For Derivative Instrument Financing Activities
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us-gaap Payments For Derivative Instrument Financing Activities
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us-gaap Payments For Repurchase Of Common Stock
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50000000 USD
us-gaap Payments For Repurchase Of Common Stock
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CY2013Q3 us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
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us-gaap Payments To Acquire Machinery And Equipment
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52548000 USD
us-gaap Payments To Acquire Machinery And Equipment
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us-gaap Payments To Acquire Marketable Securities
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us-gaap Payments To Acquire Marketable Securities
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us-gaap Payments To Acquire Projects
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us-gaap Payments To Acquire Projects
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us-gaap Policyholder Benefits And Claims Incurred Health Care
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CY2013Q3 us-gaap Policyholder Benefits And Claims Incurred Health Care
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CY2012Q3 us-gaap Policyholder Benefits And Claims Incurred Health Care
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us-gaap Policyholder Benefits And Claims Incurred Health Care
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CY2013Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
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CY2013Q3 us-gaap Preferred Stock Shares Authorized
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CY2012Q4 us-gaap Preferred Stock Shares Authorized
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CY2013Q3 us-gaap Preferred Stock Shares Issued
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0 shares
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0 shares
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CY2013Q3 us-gaap Preferred Stock Value
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us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
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us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
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9162000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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5571000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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5156000 USD
us-gaap Proceeds From Issuance Of Warrants
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75074000 USD
us-gaap Proceeds From Issuance Of Warrants
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0 USD
us-gaap Proceeds From Long Term Lines Of Credit
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60000000 USD
us-gaap Proceeds From Long Term Lines Of Credit
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0 USD
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us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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213665000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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227800000 USD
CY2012Q4 us-gaap Property Plant And Equipment Net
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CY2013Q3 us-gaap Property Plant And Equipment Net
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us-gaap Realized Investment Gains Losses
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12000 USD
CY2013Q3 us-gaap Realized Investment Gains Losses
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27000 USD
us-gaap Realized Investment Gains Losses
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169000 USD
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40000000 USD
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47471000 USD
us-gaap Repayments Of Long Term Debt
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846000 USD
us-gaap Repayments Of Long Term Lines Of Credit
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40000000 USD
us-gaap Repayments Of Long Term Lines Of Credit
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20000000 USD
CY2013Q3 us-gaap Restricted Cash And Investments Current
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CY2012Q4 us-gaap Restricted Cash And Investments Current
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46900000 USD
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CY2013Q3 us-gaap Revenues
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CY2012Q3 us-gaap Revenues
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24300000 USD
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300000 shares
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CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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4495000 USD
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P3Y7M
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45683000 shares
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8600000 USD
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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56000 USD
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67000 USD
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6667000 USD
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us-gaap Technology Services Costs
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us-gaap Technology Services Costs
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us-gaap Technology Services Revenue
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us-gaap Technology Services Revenue
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0 shares
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CY2012Q3 us-gaap Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
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0 shares
CY2013Q3 us-gaap Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
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CY2012Q3 us-gaap Weighted Average Number Of Shares Issued Basic
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us-gaap Weighted Average Number Of Shares Issued Basic
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moh Amortizationof Debt Discount Premiumand Sale Leaseback Financing Obligation
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4414000 USD
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moh Amount Of Current Year Quality Incentive Premium Revenue Recognized
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52483000 USD
CY2013Q3 moh Amount Of Current Year Quality Incentive Premium Revenue Recognized
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17538000 USD
CY2012Q3 moh Amount Of Current Year Quality Incentive Premium Revenue Recognized
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moh Amount Of Quality Incentive Premium Revenue Recognized From Prior Year
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moh Amount Of Quality Incentive Premium Revenue Recognized From Prior Year
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CY2013Q3 moh Amount Of Quality Incentive Premium Revenue Recognized From Prior Year
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CY2012Q3 moh Amount Of Quality Incentive Premium Revenue Recognized From Prior Year
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246000 USD
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300000 USD
CY2013Q3 moh Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses Accumulated In Investments
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CY2012Q4 moh Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses Accumulated In Investments
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CY2013Q3 moh Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Accumulated In Investments
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CY2012Q4 moh Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Accumulated In Investments
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314000 USD
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809000 USD
CY2013Q3 moh Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
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503000 USD
CY2013Q3 moh Available For Sale Securities In Unrealized Loss Position Less Than Twelve Months Qualitative Disclosure Number Of Positions
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2778000 USD
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46767000 shares
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46301000 shares
CY2012Q3 moh Denominator For Diluted Earnings Per Share
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46880000 shares
CY2013Q3 moh Denominator For Diluted Earnings Per Share
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47062000 shares
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3900000 USD
moh Derivative Settlement Amount
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875000 USD
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900000 USD
moh Discontinued Operation Tax Expense Benefitfrom Stock Abandon
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9500000 USD
moh Divestiture Of Business Decrease In Carrying Value Of Assets
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30942000 USD
moh Divestiture Of Business Decrease In Carrying Value Of Assets
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0 USD
moh Divestiture Of Business Decrease In Carrying Value Of Liabilities
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0 USD
moh Divestiture Of Business Decrease In Carrying Value Of Liabilities
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23527000 USD
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228799000 USD
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100000000 USD
CY2012Q4 moh Health Plans Segment Receivables
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CY2013Q3 moh Health Plans Segment Receivables
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276548000 USD
CY2012Q4 moh Lease Financing Obligations Noncurrent
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CY2012Q4 moh Liability For Claims And Claims Adjustment Expense Health
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494530000 USD
CY2013Q1 moh Liability For Claims And Claims Adjustment Expense Health
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465487000 USD
CY2012 moh Policyholder Benefitsand Claims Incurred Net Health Continuingand Discontinued Operations
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5096760000 USD
moh Policyholder Benefitsand Claims Incurred Net Health Continuingand Discontinued Operations
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3967421000 USD
CY2013Q3 moh Payments For Medical Services Fees To Related Party
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8200000 USD
CY2012Q3 moh Payments For Medical Services Fees To Related Party
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7000000 USD
moh Payments For Medical Services Fees To Related Party
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24600000 USD
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PremiumTaxExpenses
37894000 USD
CY2013Q3 moh Premium Tax Expenses
PremiumTaxExpenses
43723000 USD
CY2013Q3 moh Liability For Claims And Claims Adjustment Expense Health
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632706000 USD
CY2011Q4 moh Liability For Claims And Claims Adjustment Expense Health
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402476000 USD
moh Maximum Available Quality Incentive Premium Current Year
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52869000 USD
moh Maximum Available Quality Incentive Premium Current Year
MaximumAvailableQualityIncentivePremiumCurrentYear
62050000 USD
CY2013Q3 moh Maximum Available Quality Incentive Premium Current Year
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20939000 USD
CY2012Q3 moh Maximum Available Quality Incentive Premium Current Year
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21488000 USD
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P4Y
CY2013Q3 moh Medical Claimsand Benefits Payable
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64100000 USD
CY2013Q3 moh Medical Claimsand Benefits Receivables
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69700000 USD
moh Medicare Revenue Risk Adjustment Maximum Periodfrom Yearof Service
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P2Y
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P3Y
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12400000 USD
moh Payments For Medical Care Costs
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3829245000 USD
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5004706000 USD
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1215876000 USD
moh Payments For Medical Services Fees To Related Party
PaymentsForMedicalServicesFeesToRelatedParty
20600000 USD
CY2012 moh Policy Holder Benefits Prior Percentage
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0.008
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0.007
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CY2013Q3 moh Policyholder Benefitsand Claims Incurred Net Health Continuingand Discontinued Operations
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1383095000 USD
moh Premium Tax Expenses
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120953000 USD
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-37700000 USD
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-39295000 USD
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-32575000 USD
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-54040000 USD
moh Prior Year Payments For Medical Care Costs
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418556000 USD
moh Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageGrantDateFairValue
24.04
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2 Plan
CY2013Q1 moh Stock Repurchase Program Average Price Per Share
StockRepurchaseProgramAveragePricePerShare
30.77
CY2012Q4 moh Unrecognized Tax Benefits State Refund Claims
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8400000 USD
CY2013Q3 moh Unrecognized Tax Benefits State Refund Claims
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10500000 USD
dei Amendment Flag
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dei Current Fiscal Year End Date
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dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
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dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Period End Date
DocumentPeriodEndDate
2013-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001179929
CY2013Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
45760400 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
MOLINA HEALTHCARE INC
dei Trading Symbol
TradingSymbol
moh
CY2013Q3 moh Prior Year Payments For Medical Care Costs
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364851000 USD
CY2012 moh Prior Year Payments For Medical Care Costs
PriorYearPaymentsForMedicalCareCosts
355343000 USD
moh Quality Incentive Premium Revenue Recognized
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60242000 USD
moh Quality Incentive Premium Revenue Recognized
QualityIncentivePremiumRevenueRecognized
40763000 USD
CY2012Q3 moh Quality Incentive Premium Revenue Recognized
QualityIncentivePremiumRevenueRecognized
12643000 USD
CY2013Q3 moh Quality Incentive Premium Revenue Recognized
QualityIncentivePremiumRevenueRecognized
17488000 USD
moh Retirement Of Treasury Stock
RetirementOfTreasuryStock
0 USD
moh Retirement Of Treasury Stock
RetirementOfTreasuryStock
53000000 USD
moh Sale Leaseback Transaction Termof Lease
SaleLeasebackTransactionTermofLease
P25Y
moh Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Granted In Period Pair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantedInPeriodPairValue
33300000 USD
moh Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Granted In Period Pair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantedInPeriodPairValue
23000000 USD
CY2012Q4 moh Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingIntrinsicValue
USD
CY2013Q3 moh Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableInPeriodWeightedAverageGrantDateFairValue
22.50
moh Share Based Compensation Arrangement By Share Based Payment Award Options Exercised In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageGrantDateFairValue
20.11
moh Share Based Compensation Arrangement By Share Based Payment Award Options Forfeited In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeitedInPeriodWeightedAverageGrantDateFairValue
17.63
moh Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriodIntrinsicValue
USD
moh Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodIntrinsicValue
USD
CY2012Q4 moh Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageFairValue
22.39
CY2013Q3 moh Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageFairValue
24.04

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