2013 Q1 Form 10-Q Financial Statement

#000144530513001088 Filed on May 03, 2013

View on sec.gov

Income Statement

Concept 2013 Q1 2012 Q4 2012 Q1
Revenue $1.590B $1.578B $1.374B
YoY Change 15.78% 20.79% 22.67%
Cost Of Revenue $1.328B $1.319B $1.108B
YoY Change 19.79% 22.46% 17.32%
Gross Profit $262.7M $259.1M $208.6M
YoY Change 25.93% 12.9% 19.2%
Gross Profit Margin 16.52% 16.42% 15.19%
Selling, General & Admin $178.3M $191.1M $157.4M
YoY Change 13.28% 13.14% 20.15%
% of Gross Profit 67.87% 73.76% 75.46%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $21.80M $20.50M $18.34M
YoY Change 18.87% -6.82% 1.32%
% of Gross Profit 8.3% 7.91% 8.79%
Operating Expenses $194.8M $207.3M $172.2M
YoY Change 13.12% 14.53% 19.92%
Operating Profit $67.87M $54.13M $33.42M
YoY Change 103.09% -436.17% 6.77%
Interest Expense $13.04M -$4.300M $4.298M
YoY Change 203.33% 10.26% -219.39%
% of Operating Profit 19.21% -7.94% 12.86%
Other Income/Expense, Net -$12.91M $300.0K -$4.298M
YoY Change 200.28%
Pretax Income $54.97M $50.15M $29.12M
YoY Change 88.75% -351.28% 5.14%
Income Tax $24.45M $21.60M $11.03M
% Of Pretax Income 44.47% 43.07% 37.89%
Net Earnings $29.92M $25.64M $18.09M
YoY Change 65.38% -177.8% 4.03%
Net Earnings / Revenue 1.88% 1.63% 1.32%
Basic Earnings Per Share $0.65 $0.55 $0.39
Diluted Earnings Per Share $0.64 $0.54 $0.39
COMMON SHARES
Basic Shares Outstanding 45.98M shares 46.58M shares 46.00M shares
Diluted Shares Outstanding 46.44M shares 46.89M shares

Balance Sheet

Concept 2013 Q1 2012 Q4 2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.512B $1.139B $875.7M
YoY Change 72.6% 37.07% 9.28%
Cash & Equivalents $1.170B $796.0M $517.7M
Short-Term Investments $341.9M $342.8M $358.0M
Other Short-Term Assets $39.58M $28.39M $38.70M
YoY Change 2.27% 46.06% -12.05%
Inventory
Prepaid Expenses
Receivables $150.3M $149.7M $222.3M
Other Receivables $0.00 $0.00 $15.30M
Total Short-Term Assets $1.727B $1.349B $1.152B
YoY Change 49.92% 28.72% 13.42%
LONG-TERM ASSETS
Property, Plant & Equipment $237.7M $221.4M $198.6M
YoY Change 19.71% 15.98% 84.23%
Goodwill $151.1M $151.1M
YoY Change -1.86%
Intangibles
YoY Change
Long-Term Investments $13.60M $13.40M $16.10M
YoY Change -15.53% 243.59% -20.3%
Other Assets $29.45M $19.62M $126.1M
YoY Change -76.65% 14.75% 20.32%
Total Long-Term Assets $761.1M $585.7M $588.0M
YoY Change 29.43% -3.04% 3.61%
TOTAL ASSETS
Total Short-Term Assets $1.727B $1.349B $1.152B
Total Long-Term Assets $761.1M $585.7M $588.0M
Total Assets $2.488B $1.935B $1.740B
YoY Change 42.99% 17.11% 9.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $160.0M $184.0M $124.6M
YoY Change 28.41% 25.0% 9.59%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.167M $1.155M $1.100M
YoY Change 6.09% -3.51%
Total Short-Term Liabilities $803.0M $828.0M $677.1M
YoY Change 18.6% 37.59% 9.9%
LONG-TERM LIABILITIES
Long-Term Debt $642.0M $261.8M $228.2M
YoY Change 181.33% 20.68% 37.97%
Other Long-Term Liabilities $23.84M $23.48M $22.20M
YoY Change 7.38% 7.8% -49.2%
Total Long-Term Liabilities $665.8M $285.3M $250.4M
YoY Change 165.91% 19.5% 19.75%
TOTAL LIABILITIES
Total Short-Term Liabilities $803.0M $828.0M $677.1M
Total Long-Term Liabilities $665.8M $285.3M $250.4M
Total Liabilities $1.724B $1.153B $964.7M
YoY Change 78.7% 28.47% 14.49%
SHAREHOLDERS EQUITY
Retained Earnings $530.1M $500.2M
YoY Change 2.0%
Common Stock $234.2M $285.5M
YoY Change 7.33%
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00 $3.000M
YoY Change
Treasury Stock Shares 0.000 shares 111.0K shares
Shareholders Equity $764.2M $782.3M $775.3M
YoY Change
Total Liabilities & Shareholders Equity $2.488B $1.935B $1.740B
YoY Change 42.99% 17.11% 9.9%

Cashflow Statement

Concept 2013 Q1 2012 Q4 2012 Q1
OPERATING ACTIVITIES
Net Income $29.92M $25.64M $18.09M
YoY Change 65.38% -177.8% 4.03%
Depreciation, Depletion And Amortization $21.80M $20.50M $18.34M
YoY Change 18.87% -6.82% 1.32%
Cash From Operating Activities $20.10M $83.80M $50.58M
YoY Change -60.25% 19.37% -39.86%
INVESTING ACTIVITIES
Capital Expenditures -$11.20M -$25.60M -$13.50M
YoY Change -17.04% 74.15% -9.4%
Acquisitions $0.00
YoY Change
Other Investing Activities -$10.00M $22.80M -$29.20M
YoY Change -65.75% -122.89% -54.94%
Cash From Investing Activities -$21.20M -$2.800M -$42.72M
YoY Change -50.37% -97.55% -46.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $50.00M $0.00
YoY Change
Debt Paid & Issued, Net $291.0K $301.0K
YoY Change -3.32%
Cash From Financing Activities $374.8M -700.0K $16.04M
YoY Change 2237.03% -101.39% 358.26%
NET CHANGE
Cash From Operating Activities $20.10M 83.80M $50.58M
Cash From Investing Activities -$21.20M -2.800M -$42.72M
Cash From Financing Activities $374.8M -700.0K $16.04M
Net Change In Cash $373.7M 80.30M $23.90M
YoY Change 1464.03% 1154.69% 206.36%
FREE CASH FLOW
Cash From Operating Activities $20.10M $83.80M $50.58M
Capital Expenditures -$11.20M -$25.60M -$13.50M
Free Cash Flow $31.30M $109.4M $64.08M
YoY Change -51.14% 28.86% -35.28%

Facts In Submission

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CY2012Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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5640000 USD
CY2013Q1 us-gaap Increase Decrease In Receivables
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569000 USD
CY2012Q1 us-gaap Increase Decrease In Receivables
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54356000 USD
CY2012Q1 us-gaap Increase Decrease Of Restricted Investments
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493000 USD
CY2013Q1 us-gaap Increase Decrease Of Restricted Investments
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11016000 USD
CY2012Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
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32000 shares
CY2013Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
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0 shares
CY2012Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
857000 shares
CY2013Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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462000 shares
CY2013Q1 us-gaap Interest And Dividend Income Operating
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1529000 USD
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1717000 USD
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CY2012Q1 us-gaap Interest Expense
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3196000 USD
CY2013Q1 us-gaap Interest Expense Debt
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6250000 USD
CY2012Q1 us-gaap Interest Expense Debt Excluding Amortization
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1753000 USD
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2527000 USD
CY2013Q1 us-gaap Interest Paid
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CY2012Q1 us-gaap Interest Paid
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-1502000 USD
CY2012Q1 us-gaap Investment Income Net Amortization Of Discount And Premium
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-1850000 USD
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10300000 USD
CY2013Q1 us-gaap Liabilities
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CY2012Q4 us-gaap Liabilities
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1152508000 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
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1934822000 USD
CY2013Q1 us-gaap Liabilities And Stockholders Equity
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CY2012Q1 us-gaap Liabilities Assumed1
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23527000 USD
CY2013Q1 us-gaap Liabilities Assumed1
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0 USD
CY2013Q1 us-gaap Long Term Debt
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1155000 USD
CY2013Q1 us-gaap Long Term Debt Current
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1167000 USD
CY2013Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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591170000 USD
CY2013Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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863000 USD
CY2013Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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1372000 USD
CY2013Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1309000 USD
CY2013Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1259000 USD
CY2013Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
188206000 USD
CY2012Q4 us-gaap Long Term Debt Noncurrent
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261784000 USD
CY2013Q1 us-gaap Long Term Debt Noncurrent
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642005000 USD
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341946000 USD
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342845000 USD
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16039000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Financing Activities
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374837000 USD
CY2012Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2013Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2013Q1 us-gaap Net Cash Provided By Used In Operating Activities
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20104000 USD
CY2012Q1 us-gaap Net Cash Provided By Used In Operating Activities
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50575000 USD
CY2013Q1 us-gaap Net Income Loss
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29915000 USD
CY2012Q1 us-gaap Net Income Loss
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18089000 USD
CY2013Q1 us-gaap Number Of Reportable Segments
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2 Segment
CY2013Q1 us-gaap Operating Income Loss
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67091000 USD
CY2012Q1 us-gaap Operating Income Loss
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33420000 USD
CY2012Q1 us-gaap Operating Leases Income Statement Lease Revenue
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4259000 USD
CY2013Q1 us-gaap Operating Leases Income Statement Lease Revenue
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4694000 USD
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39577000 USD
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29449000 USD
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19621000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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260000 USD
CY2012Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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296000 USD
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100000 USD
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300000 USD
CY2012Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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296000 USD
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260000 USD
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CY2013Q1 us-gaap Other Income
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131000 USD
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23480000 USD
CY2013Q1 us-gaap Other Liabilities Noncurrent
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23839000 USD
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CY2013Q1 us-gaap Other Nonoperating Income Expense
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CY2013Q1 us-gaap Payments For Construction In Process
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16100000 USD
CY2012Q1 us-gaap Payments For Derivative Instrument Financing Activities
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0 USD
CY2013Q1 us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
149331000 USD
CY2013Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
50000000 USD
CY2012Q1 us-gaap Payments For Repurchase Of Common Stock
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0 USD
CY2012Q1 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
13505000 USD
CY2013Q1 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
11167000 USD
CY2013Q1 us-gaap Payments To Acquire Marketable Securities
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76012000 USD
CY2012Q1 us-gaap Payments To Acquire Marketable Securities
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88199000 USD
CY2012Q1 us-gaap Payments To Acquire Projects
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12993000 USD
CY2013Q1 us-gaap Payments To Acquire Projects
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CY2013Q1 us-gaap Policyholder Benefits And Claims Incurred Health Care
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1288754000 USD
CY2012Q1 us-gaap Policyholder Benefits And Claims Incurred Health Care
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1130988000 USD
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0.001
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0.001
CY2013Q1 us-gaap Preferred Stock Shares Authorized
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20000000 shares
CY2012Q4 us-gaap Preferred Stock Shares Authorized
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20000000 shares
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0 shares
CY2013Q1 us-gaap Preferred Stock Shares Issued
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0 shares
CY2012Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2013Q1 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2013Q1 us-gaap Preferred Stock Value
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0 USD
CY2012Q4 us-gaap Preferred Stock Value
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0 USD
CY2012Q1 us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
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9162000 USD
CY2012Q1 us-gaap Proceeds From Issuance Of Long Term Debt
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0 USD
CY2013Q1 us-gaap Proceeds From Issuance Of Long Term Debt
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537973000 USD
CY2013Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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235000 USD
CY2012Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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2748000 USD
CY2012Q1 us-gaap Proceeds From Issuance Of Warrants
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0 USD
CY2013Q1 us-gaap Proceeds From Issuance Of Warrants
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75074000 USD
CY2012Q1 us-gaap Proceeds From Long Term Lines Of Credit
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10000000 USD
CY2013Q1 us-gaap Proceeds From Long Term Lines Of Credit
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0 USD
CY2013Q1 us-gaap Proceeds From Notes Payable
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149300000 USD
CY2013Q1 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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75647000 USD
CY2012Q1 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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CY2013Q1 us-gaap Property Plant And Equipment Net
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CY2012Q4 us-gaap Property Plant And Equipment Net
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CY2013Q1 us-gaap Realized Investment Gains Losses
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94000 USD
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64000 USD
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CY2013Q1 us-gaap Repayments Of Lines Of Credit
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40000000 USD
CY2013Q1 us-gaap Repayments Of Long Term Debt
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291000 USD
CY2012Q1 us-gaap Repayments Of Long Term Debt
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301000 USD
CY2012Q1 us-gaap Repayments Of Long Term Lines Of Credit
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CY2013Q1 us-gaap Repayments Of Long Term Lines Of Credit
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40000000 USD
CY2013Q1 us-gaap Restricted Cash And Investments Current
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CY2012Q4 us-gaap Restricted Cash And Investments Current
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CY2013Q1 us-gaap Restricted Investments Noncurrent
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CY2013Q1 us-gaap Revenues
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CY2012Q1 us-gaap Revenues
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300000 shares
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
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33.02
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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13.97
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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CY2013Q1 us-gaap Share Based Compensation
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CY2012Q1 us-gaap Share Based Compensation
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CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
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7750 shares
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
22.93
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
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601175 shares
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
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31.40
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CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
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CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
23.74
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
28.23
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CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
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22.16
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0
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CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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445760000 shares
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
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3398000 USD
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
445760000 shares
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3398000 USD
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SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y
CY2013Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y9M18D
CY2013Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P3Y9M18D
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CY2011Q4 us-gaap Shares Outstanding
SharesOutstanding
45815000 shares
CY2013Q1 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
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8600000 USD
CY2013Q1 us-gaap Statutory Accounting Practices Statutory Capital And Surplus Balance
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585500000 USD
CY2013Q1 us-gaap Statutory Accounting Practices Statutory Capital And Surplus Required
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341700000 USD
CY2013Q1 us-gaap Stock Issued During Period Shares Share Based Compensation
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279000 shares
CY2013Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
13001000 shares
CY2013Q1 us-gaap Stock Repurchase Program Authorized Amount
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75000000 USD
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4644000 USD
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8768000 USD
CY2013Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
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CY2013Q1 us-gaap Stockholders Equity
StockholdersEquity
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CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
782314000 USD
CY2013Q1 us-gaap Straight Line Rent Adjustments
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0.0375 USD
CY2013Q1 us-gaap Supplemental Deferred Purchase Price
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CY2012Q1 us-gaap Supplemental Deferred Purchase Price
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1747000 USD
CY2012Q1 us-gaap Technology Services Costs
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30494000 USD
CY2013Q1 us-gaap Technology Services Costs
TechnologyServicesCosts
39770000 USD
CY2012Q1 us-gaap Technology Services Revenue
TechnologyServicesRevenue
42205000 USD
CY2013Q1 us-gaap Technology Services Revenue
TechnologyServicesRevenue
49756000 USD
CY2013Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
0 shares
CY2012Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
111000 shares
CY2013Q1 us-gaap Treasury Stock Value
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0 USD
CY2012Q4 us-gaap Treasury Stock Value
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3000000 USD
CY2013Q1 us-gaap Unrecognized Tax Benefits
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10600000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits
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10600000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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56000 USD
CY2013Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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60000 USD
CY2013Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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7200000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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7200000 USD
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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46443000 shares
CY2012Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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46887000 shares
CY2012Q1 us-gaap Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
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0 shares
CY2013Q1 moh Current Year Components Of Incurred Medical Care Costs
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1347181000 USD
CY2012Q1 moh Current Year Components Of Incurred Medical Care Costs
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1167580000 USD
CY2013Q1 us-gaap Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
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867000 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Issued Basic
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86000 shares
CY2012Q1 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
183000 shares
CY2012Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45998000 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45981000 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
202500 shares
CY2012Q1 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
199700 shares
CY2012Q1 moh Amount Of Current Year Quality Incentive Premium Revenue Recognized
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8764000 USD
CY2013Q1 moh Amount Of Current Year Quality Incentive Premium Revenue Recognized
AmountOfCurrentYearQualityIncentivePremiumRevenueRecognized
14896000 USD
CY2013Q1 moh Amount Of Quality Incentive Premium Revenue Recognized From Prior Year
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6712000 USD
CY2012Q1 moh Amount Of Quality Incentive Premium Revenue Recognized From Prior Year
AmountOfQualityIncentivePremiumRevenueRecognizedFromPriorYear
994000 USD
CY2012Q4 moh Anticipated Medicare Risk Adjustment Premiums
AnticipatedMedicareRiskAdjustmentPremiums
300000 USD
CY2013Q1 moh Anticipated Medicare Risk Adjustment Premiums
AnticipatedMedicareRiskAdjustmentPremiums
200000 USD
CY2012Q4 moh Available For Sale Securities In Unrealized Loss Position Less Than Twelve Months Qualitative Disclosure Number Of Positions
AvailableForSaleSecuritiesInUnrealizedLossPositionLessThanTwelveMonthsQualitativeDisclosureNumberOfPositions
72 Security
CY2013Q1 moh Available For Sale Securities In Unrealized Loss Position Less Than Twelve Months Qualitative Disclosure Number Of Positions
AvailableForSaleSecuritiesInUnrealizedLossPositionLessThanTwelveMonthsQualitativeDisclosureNumberOfPositions
65 Security
CY2012Q4 moh Available For Sale Securities In Unrealized Loss Position Twelve Months Or More Qualitative Disclosure Number Of Positions
AvailableForSaleSecuritiesInUnrealizedLossPositionTwelveMonthsOrMoreQualitativeDisclosureNumberOfPositions
21 Security
CY2013Q1 moh Available For Sale Securities In Unrealized Loss Position Twelve Months Or More Qualitative Disclosure Number Of Positions
AvailableForSaleSecuritiesInUnrealizedLossPositionTwelveMonthsOrMoreQualitativeDisclosureNumberOfPositions
19 Security
CY2013Q1 moh Benefit From Prior Period Claims Development
BenefitFromPriorPeriodClaimsDevelopment
58400000 USD
CY2013Q1 moh Call Spread Cash Paid
CallSpreadCashPaid
74200000 USD
CY2013Q1 moh Class Of Warrant Or Right Trading Days Measurement Period
ClassOfWarrantOrRightTradingDaysMeasurementPeriod
P160D
CY2012Q1 moh Current Year Payments For Medical Care Costs
CurrentYearPaymentsForMedicalCareCosts
750994000 USD
CY2013Q1 moh Current Year Payments For Medical Care Costs
CurrentYearPaymentsForMedicalCareCosts
916426000 USD
CY2013Q1 moh Denominator For Basic Earnings Per Share
DenominatorForBasicEarningsPerShare
45981000 shares
CY2012Q1 moh Denominator For Basic Earnings Per Share
DenominatorForBasicEarningsPerShare
45998000 shares
CY2013Q1 moh Denominator For Diluted Earnings Per Share
DenominatorForDilutedEarningsPerShare
46443000 shares
CY2012Q1 moh Denominator For Diluted Earnings Per Share
DenominatorForDilutedEarningsPerShare
46887000 shares
CY2012Q4 moh Goodwill And Intangible Assets Net
GoodwillAndIntangibleAssetsNet
228799000 USD
CY2013Q1 moh Goodwill And Intangible Assets Net
GoodwillAndIntangibleAssetsNet
223952000 USD
CY2012Q4 moh Health Plans Segment Receivables
HealthPlansSegmentReceivables
127098000 USD
CY2013Q1 moh Health Plans Segment Receivables
HealthPlansSegmentReceivables
133742000 USD
CY2012Q1 moh Prior Year Components Of Incurred Medical Care Costs
PriorYearComponentsOfIncurredMedicalCareCosts
-36592000 USD
CY2012Q4 moh Liability For Claims And Claims Adjustment Expense Health
LiabilityForClaimsAndClaimsAdjustmentExpenseHealth
494530000 USD
CY2013Q1 moh Liability For Claims And Claims Adjustment Expense Health
LiabilityForClaimsAndClaimsAdjustmentExpenseHealth
491145000 USD
CY2012Q1 moh Liability For Claims And Claims Adjustment Expense Health
LiabilityForClaimsAndClaimsAdjustmentExpenseHealth
455833000 USD
CY2011Q4 moh Liability For Claims And Claims Adjustment Expense Health
LiabilityForClaimsAndClaimsAdjustmentExpenseHealth
402476000 USD
CY2012Q1 moh Maximum Available Quality Incentive Premium Current Year
MaximumAvailableQualityIncentivePremiumCurrentYear
9399000 USD
CY2013Q1 moh Maximum Available Quality Incentive Premium Current Year
MaximumAvailableQualityIncentivePremiumCurrentYear
20615000 USD
CY2013Q1 moh Maximum Contract Term
MaximumContractTerm
P4Y
CY2013Q1 moh Minimum Contract Term
MinimumContractTerm
P3Y
CY2013Q1 moh Minimum Ebitda Percentage For Vesting Of Awards
MinimumEbitdaPercentageForVestingOfAwards
0.025
CY2013Q1 moh Minimum Operating Revenue For Vesting Of Awards
MinimumOperatingRevenueForVestingOfAwards
12000000000 USD
CY2013Q1 moh Number Of Categories For Component Of Premium Revenue
NumberOfCategoriesForComponentOfPremiumRevenue
2
CY2013Q1 moh Number Of Members Eligible For Health Care Programs
NumberOfMembersEligibleForHealthCarePrograms
1800000 Customer
CY2013Q1 moh Number Of Operating Reportable Segments
NumberOfOperatingReportableSegments
2 Segment
CY2013Q1 moh Par Value Of Auction Rate Securities Sold
ParValueOfAuctionRateSecuritiesSold
14500000 USD
CY2012Q1 moh Payments For Medical Care Costs
PaymentsForMedicalCareCosts
1077631000 USD
CY2013Q1 moh Payments For Medical Care Costs
PaymentsForMedicalCareCosts
1292139000 USD
CY2012Q1 moh Payments For Medical Services Fees To Related Party
PaymentsForMedicalServicesFeesToRelatedParty
6600000 USD
CY2013Q1 moh Payments For Medical Services Fees To Related Party
PaymentsForMedicalServicesFeesToRelatedParty
7700000 USD
CY2012Q1 moh Policy Holder Benefits Prior Percentage
PolicyHolderBenefitsPriorPercentage
0.091
CY2013Q1 moh Policy Holder Benefits Prior Percentage
PolicyHolderBenefitsPriorPercentage
0.118
CY2012Q1 moh Policy Holder Medical Care Cost Prior Year Percentage
PolicyHolderMedicalCareCostPriorYearPercentage
0.032
CY2013Q1 moh Policy Holder Medical Care Cost Prior Year Percentage
PolicyHolderMedicalCareCostPriorYearPercentage
0.045
CY2013Q1 moh Policy Holder Premium Revenue Prior Year Percentage
PolicyHolderPremiumRevenuePriorYearPercentage
0.038
CY2012Q1 moh Policy Holder Premium Revenue Prior Year Percentage
PolicyHolderPremiumRevenuePriorYearPercentage
0.028
CY2013Q1 moh Premium Tax Expenses
PremiumTaxExpenses
37000000 USD
CY2012Q1 moh Premium Tax Expenses
PremiumTaxExpenses
42186000 USD
CY2013Q1 moh Prior Year Components Of Incurred Medical Care Costs
PriorYearComponentsOfIncurredMedicalCareCosts
-58427000 USD
CY2013Q1 moh Prior Year Payments For Medical Care Costs
PriorYearPaymentsForMedicalCareCosts
375713000 USD
CY2012Q1 moh Prior Year Payments For Medical Care Costs
PriorYearPaymentsForMedicalCareCosts
326637000 USD
CY2012Q1 moh Quality Incentive Premium Revenue Recognized
QualityIncentivePremiumRevenueRecognized
9758000 USD
CY2013Q1 moh Quality Incentive Premium Revenue Recognized
QualityIncentivePremiumRevenueRecognized
21608000 USD
CY2012Q1 moh Retirement Of Treasury Stock
RetirementOfTreasuryStock
0 USD
CY2013Q1 moh Retirement Of Treasury Stock
RetirementOfTreasuryStock
53000000 USD
CY2012Q4 moh Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingIntrinsicValue
USD
CY2013Q1 moh Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableInPeriodWeightedAverageGrantDateFairValue
22.23
CY2013Q1 moh Share Based Compensation Arrangement By Share Based Payment Award Options Exercised In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageGrantDateFairValue
17.97
CY2013Q1 moh Share Based Compensation Arrangement By Share Based Payment Award Options Forfeited In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeitedInPeriodWeightedAverageGrantDateFairValue
17.63
CY2013Q1 moh Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriodIntrinsicValue
USD
CY2013Q1 moh Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodIntrinsicValue
USD
CY2013Q1 moh Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageFairValue
23.60
CY2012Q4 moh Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageFairValue
22.39
CY2013Q1 moh Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageGrantDateFairValue
23.60
CY2013Q1 moh Stock Repurchase Program Average Price Per Share
StockRepurchaseProgramAveragePricePerShare
30.77
CY2013Q1 moh Unrecognized Tax Benefits State Refund Claims
UnrecognizedTaxBenefitsStateRefundClaims
8400000 USD
CY2012Q4 moh Unrecognized Tax Benefits State Refund Claims
UnrecognizedTaxBenefitsStateRefundClaims
8400000 USD
CY2013Q1 moh Unvested Share Based Compensation Recognition Period
UnvestedShareBasedCompensationRecognitionPeriod
P2Y9M18D
CY2013Q1 dei Amendment Flag
AmendmentFlag
false
CY2013Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2013Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2013Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013Q1 dei Document Period End Date
DocumentPeriodEndDate
2013-03-31
CY2013Q1 dei Document Type
DocumentType
10-Q
CY2013Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001179929
CY2013Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
45416300 shares
CY2013Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2013Q1 dei Entity Registrant Name
EntityRegistrantName
MOLINA HEALTHCARE INC
CY2013Q1 dei Trading Symbol
TradingSymbol
moh

Files In Submission

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0001445305-13-001088-index-headers.html Edgar Link pending
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0001445305-13-001088.txt Edgar Link pending
0001445305-13-001088-xbrl.zip Edgar Link pending
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Financial_Report.xls Edgar Link pending
moh-20130331.xml Edgar Link completed
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moh-20130331_cal.xml Edgar Link unprocessable
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