Wellcare health plans, inc. (WCG)
Income statement / Yearly
Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Revenues:
Premium

20,146

16,960

14,220

13,874

12,915

9,509

7,400

6,098

5,430

6,867

6,483

Products and services

154

0

0

-

-

-

-

-

-

-

-

Investment And Other Income

113

46

16

15

44

18

8

8

10

10

38

Total revenues

20,414

17,007

14,237

13,890

12,959

9,527

7,409

6,106

5,440

6,878

6,521

Expenses:
Policyholder Benefits and Claims Incurred, Net, Health

17,128

14,744

12,089

11,978

11,455

8,258

6,303

4,948

4,594

5,862

5,530

Cost of Goods and Services Sold

148

0

0

-

-

-

-

-

-

-

-

Selling, general and administrative

1,701

1,484

1,133

1,132

1,018

856

690

642

837

805

844

ACA Industry Fee Expense

344

0

228

227

137

0

0

-

-

-

-

Medicaid premium taxes

126

119

110

94

76

75

82

76

56

91

88

Depreciation, Depletion and Amortization, Nonproduction

179

120

87

72

59

44

31

26

23

23

21

Interest

87

68

59

54

39

11

4

6

0

3

11

Impairment and other charges

-

-

-

-

24

0

0

-

-

-

-

Gain on divestiture of business

-

-

-

6

0

0

-

-

-

-

-

Total expenses

19,715

16,538

13,707

13,554

12,811

9,246

7,112

5,699

5,513

6,785

6,575

Goodwill impairment

-

-

-

-

-

-

-

-

-

-

78

Income from operations

698

469

529

336

148

281

296

407

-72

93

-53

Bargain purchase gain

-

-

-

-

29

0

0

-

-

-

-

Loss on extinguishment of debt

0

-26

0

0

-

-2

0

10

0

0

-

Income before income taxes and equity in losses of unconsolidated subsidiaries

698

442

529

336

-

-

-

-

-

-

-

Equity in earnings (losses) of unconsolidated subsidiaries

-5

18

0

0

-

-

-

-

-

-

-

Income before income taxes

692

461

529

336

177

278

296

418

-72

93

-

Income tax expense

253

87

287

217

114

103

111

154

-19

53

-16

Net Income (Loss) Attributable to Parent

439

373

242

118

63

175

184

264

-53

39

-36

Other comprehensive income (loss):
Change in net unrealized gains and losses on available-for-sale securities, before tax

-9

-2

1

-1

0

-0

1

1

1

-

-

Income tax expense (benefit) related to other comprehensive income

-2

-0

0

-0

-0

-0

0

0

0

-

-

Other comprehensive income (loss), net of tax

-6

-1

1

-1

0

-0

0

0

0

-

-

Comprehensive income

433

372

243

117

64

174

185

264

-52

-

-

Earnings Per Share [Abstract]
Basic (in USD per share)

9.40

8.40

5.47

2.69

1.45

4.03

4.29

6.17

-1.26

0.95

-0.89

Diluted (in USD per share)

9.29

8.31

5.43

2.67

1.44

3.98

4.22

6.10

-1.26

0.95

-0.89

Weighted average common shares outstanding:
Weighted Average Number of Shares Outstanding, Basic

46

44

44

44

43

43

43

42

42

-

-

Weighted Average Number of Shares Outstanding, Diluted

47

44

44

44

44

44

43

43

42

-

-