Health Net 2014 Annual Report Download - page 176
Download and view the complete annual report
Please find page 176 of the 2014 Health Net annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166 -
167 -
168 -
169 -
170 -
171 -
172 -
173 -
174 -
175 -
176 -
177 -
178 -
179 -
180 -
181 -
182 -
183 -
184 -
185 -
186 -
187
 |
 |
F-66
SUPPLEMENTAL SCHEDULE I
CONDENSED FINANCIAL INFORMATION OF REGISTRANT
(PARENT COMPANY ONLY)
HEALTH NET, INC.
CONDENSED STATEMENTS OF CASH FLOWS
(Amounts in thousands)
Year Ended December 31,
2014 2013 2012
NET CASH FLOWS PROVIDED BY OPERATING
ACTIVITIES............................................................................ $ 153,063 $ 111,385 $ 165,141
CASH FLOWS FROM INVESTING ACTIVITIES:
Sales on investments....................................................................... 81,263 6,060 —
Maturities of investments ............................................................... 1,512 877 —
Purchases of investments................................................................ (3,032)(6,841) —
Purchases of property and equipment............................................. (62,491)(53,632)(68,116)
Notes receivable due from subsidiaries.......................................... — — 7,000
Capital contributions returned to Parent......................................... — 2,300 1,500
Capital contributions to subsidiaries............................................... (188,000)(7,500)(17,560)
Sales (purchases) of restricted investments and other.................... — 161 876
Net cash used in investing activities............................................... (170,748)(58,575)(76,300)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net (decrease) increase in checks outstanding, net of deposits...... (46) 5 (44)
Excess tax benefit on share-based compensation........................... 1,701 287 3,222
Net borrowings from subsidiaries................................................... 70,714 39,487 (9,103)
Proceeds from exercise of stock options and employee stock
purchases.................................................................................... 27,727 10,762 16,941
Proceeds from issuance of notes and other financing
arrangements.............................................................................. — 345,000 110,000
Repayment of debt under financing arrangements......................... —(345,000)(122,500)
Repurchase of common stock......................................................... (152,549)(77,810)(69,496)
Net cash used in financing activities .............................................. (52,453)(27,269)(70,980)
Net (decrease) increase in cash and cash equivalents..................... (70,138) 25,541 17,861
Cash and cash equivalents, beginning of period............................. 131,350 105,809 87,948
Cash and cash equivalents, end of period....................................... $ 61,212 $ 131,350 $ 105,809
SUPPLEMENTAL CASH FLOWS DISCLOSURE:
Interest paid .................................................................................... $ 29,670 $ 30,789 $ 31,134
Income taxes paid ........................................................................... 83,499 80,119 5,001
See accompanying notes to condensed financial statements.