Selected Consolidated Financial Data
(in thousands, except per share and membership data)
December 31,
| 2001 | 2000 | 1999 | 1998 | 1997 | |
| Operations Statement Data
(1) Operating revenues Operating earnings (loss) Earnings (loss) before income taxes Net earnings (loss) Basic earnings (loss) per share Diluted earnings (loss) per share |
$ 3,147,245 91,108 134,682 84,407 1.30 $ 1.24 |
$ 2,604,910 62,515 102,068 61,340 1.03 $ 0.93 |
$ 2,162,372 47,855 76,000 43,435 0.74 $ 0.69 |
$ 2,110,383 (36,195) (17,510) (11,741) (0.22) $ (0.22) |
$ 1,228,351 5,739 20,344 11,903 0.36 $ 0.35 |
| Balance Sheet Data
(1) Cash and investments Total assets Medical claims liabilities Long-term liabilities Redeemable convertible preferred stock Stockholders’ equity |
$ 952,491 1,451,273 522,854 10,649 – $ 689,079 |
$ 752,450 1,239,036 444,887 6,443 – $ 600,430 |
$ 614,603 1,081,583 362,786 10,445 47,095 $ 480,385 |
$ 614,583 1,091,228 403,822 88,737 – $ 436,539 |
$ 240,091 487,182 118,022 109,268 – $ 117,818 |
|
Operating Data
(1) Medical loss ratio (2) Administrative expense ratio Risk membership, continuing operations Non-risk membership, continuing operations Basic weighted average shares outstanding Diluted weighted average shares outstanding |
86.0% 12.0% 1,522,198 318,528 64,990 67,875 |
85.8% 12.7% 1,436,618 276,416 59,521 65,757 |
86.1% 13.8% 1,202,304 237,635 59,025 64,159 |
86.9% 13.8% 1,139,761 217,523 52,477 52,477 |
86.1% 13.8% 765,823 148,910 33,210 33,912 |
(1) Operations Statement Data include the results of operations of acquisitions since the date of acquisition. Balance Sheet Data
reflect acquisitions as of December 31, of the year of acquisition. See Note B to the consolidated financial statements for detail
on our acquisitions and dispositions.
(2) Medical loss ratio excludes charges and recoveries recorded in 1998, 1999 and 2000. See Note M to the consolidated financial
statements for details on these charges.