Magellan health, inc. (MGLN)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Net revenue:
Net revenue

7,214

7,159

7,201

7,225

7,248

7,314

7,163

6,729

6,338

5,838

5,407

5,280

5,025

4,836

4,842

4,740

4,733

4,597

4,311

4,044

3,774

3,760

3,785

3,736

3,691

3,546

3,368

3,293

3,255

3,207

3,098

2,986

2,879

2,799

2,827

2,890

2,933

2,969

2,887

2,773

0

0

0

Costs and expenses:
Cost of care

3,950

3,940

3,916

3,841

3,775

3,762

3,581

3,212

2,860

2,413

2,106

2,017

1,907

1,882

1,998

2,114

2,210

2,274

2,193

2,091

2,005

2,088

2,188

2,257

2,313

2,232

2,155

2,107

2,091

2,071

2,004

1,936

1,856

1,784

1,814

1,833

1,865

1,907

1,851

1,827

0

0

0

Cost of goods sold

1,895

1,898

2,027

2,115

2,213

2,283

2,252

2,225

2,228

2,211

2,105

2,071

1,945

1,818

1,743

1,594

1,519

1,321

1,152

994

825

732

694

589

487

455

364

348

340

328

310

286

256

232

220

217

218

218

216

210

0

0

0

Direct service costs and other operating expenses (1)(2)

1,106

1,090

1,082

1,081

1,074

1,071

1,055

1,017

989

941

921

922

905

876

841

833

810

822

819

775

763

723

699

679

644

619

585

564

560

557

548

543

534

529

540

552

559

566

541

502

0

0

0

Depreciation and amortization

129

131

133

132

132

132

130

125

119

115

111

110

108

106

105

104

104

102

99

96

94

91

87

81

76

71

66

63

61

60

60

60

59

58

56

55

55

54

53

50

0

0

0

Interest expense

36

36

36

36

36

35

35

33

30

25

20

15

12

10

8

7

6

6

6

7

8

7

6

4

3

3

2

2

2

2

2

2

2

2

1

1

2

2

2

2

0

0

0

Interest and other income

17

19

19

18

16

14

12

9

7

5

4

3

3

2

2

2

2

2

2

1

1

1

1

1

1

1

1

1

1

2

2

2

2

2

3

3

3

3

3

4

0

0

0

Total costs and expenses

7,099

7,078

7,177

7,190

7,215

7,270

7,042

6,604

6,220

5,703

5,260

5,134

4,876

4,691

4,694

4,651

4,648

4,526

4,269

3,965

3,695

3,642

3,674

3,610

3,523

3,381

3,173

3,085

3,055

3,018

2,924

2,826

2,707

2,604

2,630

2,657

2,697

2,746

2,661

2,588

0

0

0

Income before income taxes

114

80

23

35

32

43

121

125

117

135

147

146

149

145

147

88

85

71

41

78

79

117

111

125

168

165

195

208

200

188

173

160

172

194

196

233

236

222

226

184

0

0

0

Provision for income taxes

40

24

16

22

19

19

14

12

13

25

55

62

69

69

82

56

50

42

18

21

22

43

38

31

46

39

51

45

42

37

29

51

56

65

63

87

88

83

89

73

0

0

0

Net income

-

-

-

-

-

24

106

112

104

110

91

83

79

75

64

31

34

28

23

57

57

74

72

94

121

125

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Less: net income (loss) attributable to non-controlling interest

-

-

-

-

-

-

-

-

-

-0

0

-0

-2

-2

-5

-4

-2

-2

-2

-3

-3

-5

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

73

55

0

0

0

-

-

-

-

110

90

83

82

77

69

36

37

31

25

60

60

79

0

0

0

-

-

-

-

151

143

108

116

129

132

146

147

138

0

0

0

-

-

Net income per common share:
Weighted average number of common shares outstanding-basic (See Note 6) (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33

33

33

34

35

34

Weighted average number of common shares outstanding-diluted (See Note 6) (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

34

34

33

35

35

34

Basic (in dollars per share)

0.74

0.84

0.87

0.56

0.02

-1.16

1.11

0.55

0.47

2.28

1.39

0.24

0.77

1.56

1.11

0.17

0.56

1.16

-0.31

0.18

0.29

0.84

1.02

0.18

0.94

0.68

1.75

1.17

1.03

1.35

2.41

0.99

0.76

1.07

1.05

1.09

1.04

0.97

1.34

1.06

0.74

0.88

0.53

Diluted (in dollars per share)

0.73

0.83

0.86

0.56

0.02

-1.16

1.09

0.53

0.45

2.17

1.32

0.23

0.74

1.50

1.06

0.16

0.54

1.12

-0.31

0.17

0.28

0.82

1.00

0.18

0.92

0.67

1.70

1.15

1.01

1.32

2.36

0.97

0.75

1.05

1.03

1.07

1.02

0.95

1.31

1.05

0.73

0.88

0.53

Unrealized gains (losses) on available-for-sale securities (3)

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive income

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Other comprehensive loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Managed care and other
Net revenue

5,152

5,103

5,018

4,950

4,882

4,878

4,764

4,363

3,969

3,479

3,160

3,077

2,955

2,902

2,991

3,049

3,125

3,197

3,087

2,981

2,887

2,968

3,038

3,105

3,170

3,063

2,982

2,923

2,893

2,857

2,766

2,680

2,605

2,551

0

0

0

-

-

-

-

-

-

PBM
Net revenue

2,061

2,056

2,182

2,275

2,365

2,435

2,399

2,366

2,368

2,359

2,247

2,202

2,069

1,933

1,850

1,691

1,607

1,399

1,223

1,062

887

791

747

630

520

483

386

369

362

350

331

306

274

247

0

0

0

-

-

-

-

-

-