Health Net 2015 Annual Report Download - page 223

HEALTH NET, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
F-62
2014
March 31 June 30 September 30 December 31
(Dollars in millions, except per share data)
Total revenues................................. $ 3,038.9 $ 3,421.4 $ 3,789.9 $ 3,758.4
Health plan services costs ............... 2,402.3 2,763.2 3,104.0 3,038.2
Government contracts costs ............ 132.0 133.2 124.4 147.1
Income from operations before
income taxes.................................... 62.0 (1) 98.8 (2) 22.7 (4) (5) 16.3 (6) (7)
Net income...................................... 28.8 (1) 120.9 (2) (3) (8.9)(4) (5) 4.9 (6) (7)
Basic earnings per share $ 0.36 $ 1.51 $ (0.11) $ 0.06
Diluted earnings (loss) per share (8) $ 0.36 $ 1.49 $ (0.11) $ 0.06
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(1) Includes $36.3 million amortization of deferred costs of health insurer's fee and $22.5 million in other ACA fees.
(2) Includes $37.8 million amortization of deferred costs of health insurer's fee and $22.5 million in other ACA fees.
(3) Includes tax benefit of $72.6 million, net of adjustments, as a result of a loss on the stock of one of our
subsidiaries.
(4) Includes $84.7 million pretax asset impairment related to our assets held for sale in connection with the Cognizant
Transaction and $21.1 million in pretax expenses primarily related to the Cognizant transaction.
(5) Includes $31.9 million amortization of deferred costs of health insurer's fee and $26.6 million in other ACA fees.
(6) Includes $3.8 million pretax asset impairment primarily related to our assets held for sale in connection with the
Cognizant Transaction and $68.3 million in pretax expenses primarily related to the Cognizant Transaction.
(7) Includes $35.4 million amortization of deferred costs of health insurer's fee and $25.8 million in other ACA fees.
(8) The sum of the quarterly amounts may not equal the year-to-date amounts due to rounding.