MOLINA HEALTHCARE, INC. MOH Income Statement

Molina healthcare, inc. (MOH)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenue:
Premium revenue
4,304	4,123	4,084	4,049	3,952	4,438	4,337	4,514	4,323	4,689	4,777	4,740	4,648	4,230	4,191	4,029	3,995	3,609	3,377	3,304	2,971	2,598	2,316	2,167	1,940	1,595	1,584	1,501	1,497	1,337	1,448	1,432	1,325	863	1,138	1,128	1,081	1,005	976
Premium tax revenue
150	122	119	110	138	97	110	106	104	107	106	114	111	123	127	109	109	108	99	95	95	90	81	70	51	44	43	46	37	-	-	-	-	-	-	-	-	-	-
Health insurer fees reimbursed
66	0	0	0	0	81	83	104	61	0	0	0	0	41	85	76	90	41	81	74	48	52	29	19	18	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Service revenue
-	-	0	0	-	16	130	127	134	131	130	129	131	131	133	135	140	107	47	47	52	53	52	50	53	54	51	49	49	55	48	41	42	49	37	36	36	32	21
Investment income and other revenue
29	29	40	34	29	32	37	32	24	22	18	16	14	9	10	10	9	11	5	4	3	14	2	1	1	2	1	1	1	1	1	1	1	1	0	1	1	1	1
Other revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	1	2	-	2	2	3	9	5	5	4	-	37	-	-	-	-	-	-	-	-
Rental and other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	3	4	-	-	-	-	-	-
Revenues
4,549	4,274	4,243	4,193	4,119	4,664	4,697	4,883	4,646	4,949	5,031	4,999	4,904	4,534	4,546	4,359	4,343	3,871	3,611	3,525	3,171	2,801	2,484	2,312	2,069	1,705	1,687	1,605	1,590	1,521	1,540	1,479	1,373	1,076	1,176	1,167	1,119	1,039	999
Operating expenses:
Medical care costs
3,716	-	-	-	3,371	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative expenses
317	343	323	328	302	335	311	335	352	367	383	405	439	359	343	351	340	316	287	287	256	204	178	193	188	187	176	161	141	144	127	125	121	102	99	96	94	88	78
Premium tax expenses
150	122	119	110	138	97	110	106	104	107	106	114	111	123	127	109	109	108	99	95	95	90	81	70	51	44	43	46	37	40	37	38	42	43	36	37	36	35	34
Health insurer fees
68	0	0	0	0	87	87	99	75	0	0	0	0	54	55	50	58	40	36	40	41	22	22	21	22	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
20	21	21	22	25	23	25	25	26	28	33	37	39	37	36	34	32	28	26	25	25	25	24	22	20	20	18	17	16	16	15	16	15	9	13	12	12	11	11
Other
4	-	-	-	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring costs
-	-	0	2	-	8	5	8	25	73	118	43	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill and Intangible Asset Impairment
-	-	-	-	-	-	-	-	-	-	129	72	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs and Expenses
4,275	4,032	3,986	3,928	3,839	4,340	4,439	4,541	4,424	5,218	5,112	5,286	4,822	4,540	4,428	4,254	4,254	3,795	3,498	3,409	3,089	2,704	2,444	2,279	2,044	1,707	1,662	1,559	1,522	1,466	1,537	1,528	1,340	1,037	1,143	1,135	1,088	1,009	978
Gain (Loss) on Disposition of Business
-	-	0	-	-	-	37	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income
274	242	257	265	280	272	295	342	222	-269	-81	-287	82	-6	118	105	89	76	113	116	82	96	39	32	24	-2	24	46	67	54	2	-49	33	39	33	31	31	29	21
Other expenses, net:
Interest expense
21	20	22	22	23	24	26	32	33	33	32	27	26	25	26	25	25	21	15	15	15	14	14	13	13	13	13	11	13	4	4	3	4	3	4	3	3	4	4
Other expense, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	0	1	0	-	-	-	-	-	-
Other income, net
0	0	-2	14	3	8	-10	-5	-10	-14	0	0	75	0	0	0	0	-	-	-	-	-0	-0	0	0	-0	0	-3	0	-4	-4	-4	-4	-	-	-	-	-	-
Nonoperating Income (Expense)
-21	-20	-24	-8	-20	-16	-36	-37	-43	-47	-32	-27	49	-25	-26	-25	-25	-	-	15	-	-14	-15	-13	-13	-14	-13	-15	-12	-	-	-	-	-	-	-	-	-	-
Income before income tax expense
253	222	233	257	260	256	259	305	179	-316	-113	-314	131	-31	92	80	64	56	98	101	67	81	24	18	10	-16	11	31	54	50	-2	-54	29	35	29	27	27	25	17
Income tax expense
75	54	58	61	62	55	62	103	72	-54	-16	-84	54	16	50	47	40	26	52	62	39	48	8	10	5	-7	3	15	24	22	-1	-21	11	12	10	10	10	9	6
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	39	-	-	16	7	4	-8	7	15	30	-	-0	-33	-	-	-	-	-	-	-
Income from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-0	-0	0	8	-0	-	3	-4	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent
178	168	175	196	198	201	197	202	107	-262	-97	-230	77	-47	42	33	24	30	46	39	28	33	16	7	4	-9	7	24	29	25	3	-37	18	-32	18	17	17	16	10
Earnings Per Share [Abstract]
Basic net income (loss) per share:
Continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.72	0.34	0.17	0.11	-0.20	0.17	0.35	0.66	-	-0.01	-0.71	-	-	-	-	-	-	-
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-	-0.01	0.00	0.00	0.19	-0.01	-	0.08	-0.09	-	-	-	-	-	-	-
Basic (in dollars per share)
2.95	2.70	2.81	3.15	3.19	3.27	3.22	3.29	1.79	-4.65	-1.70	-4.10	1.38	-0.86	0.77	0.58	0.44	0.55	0.84	0.78	0.58	0.72	0.34	0.17	0.10	-0.20	0.17	0.54	0.65	0.55	0.07	-0.80	0.39	-0.72	0.41	0.38	0.38	0.38	0.27
Diluted net income (loss) per share:
Continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.71	0.33	0.16	0.10	-0.19	0.16	0.34	0.65	-	-0.01	-0.71	-	-	-	-	-	-	-
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-	-0.01	-0.01	0.00	0.19	-0.01	-	0.08	-0.09	-	-	-	-	-	-	-
Diluted (in dollars per share)
2.92	2.67	2.75	3.06	2.99	3.05	2.90	3.02	1.64	-4.64	-1.70	-4.10	1.37	-0.85	0.76	0.58	0.43	0.53	0.77	0.72	0.56	0.71	0.33	0.16	0.09	-0.20	0.16	0.53	0.64	0.55	0.07	-0.80	0.39	-0.72	0.41	0.38	0.38	0.38	0.27
Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Weighted Average Number of Shares Outstanding, Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	50	-	-	-	-	-	-	-	-	-	46	46	46	45	45	45	45	45	42	38
Weighted Average Number of Shares Outstanding, Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	54	-	-	-	-	-	-	-	-	-	47	46	46	46	46	46	46	46	42	38
Medical care costs
Cost of revenue
-	-	3,523	3,466	-	3,775	3,790	3,850	3,722	4,251	4,220	4,491	4,111	3,844	3,748	3,594	3,588	3,213	3,016	2,929	2,636	2,322	2,097	1,934	1,721	1,414	1,383	1,294	1,287	1,222	1,319	1,317	1,130	842	959	949	913	845	839
Cost of service revenue
Cost of revenue
-	-	0	0	-	15	111	118	120	123	123	124	122	123	119	116	127	90	34	33	36	39	40	37	40	41	40	39	39	43	37	30	30	38	34	39	31	27	14