Health Net 2013 Annual Report Download - page 108
Download and view the complete annual report
Please find page 108 of the 2013 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
 |
 |
F-4
HEALTH NET, INC.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(Amounts in thousands)
Year Ended December 31,
2013 2012 2011
Net income ..................................................................................... $ 170,126 $ 122,063 $ 72,120
Other comprehensive income before tax:
Unrealized (losses) gains on investments available-for-sale:
Unrealized holding (losses) gains arising during the
period ............................................................................... (78,217) 65,462 54,607
Less: Reclassification adjustments for gains included in
earnings............................................................................ (23,975)(36,680)(33,029)
Unrealized (losses) gains on investments available-for-sale,
net............................................................................................ (102,192) 28,782 21,578
Defined benefit pension plans:
Prior service cost arising during the period......................... 607 — (1,304)
Net gain (loss) arising during the period............................ 7,294 (646)(12,904)
Less: Amortization of prior service cost and net loss
included in net periodic pension cost............................... 2,572 4,152 628
Defined benefit pension plans, net............................................. 10,473 3,506 (13,580)
Other comprehensive (loss) income, before tax............................. (91,719) 32,288 7,998
Income tax (benefit) expense related to components of other
comprehensive income ............................................................... (31,868) 21,936 (8,147)
Other comprehensive (loss) income, net of tax.............................. (59,851) 10,352 16,145
Comprehensive income.................................................................. $ 110,275 $ 132,415 $ 88,265
See accompanying notes to consolidated financial statements.