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AMERIGROUP CORP (AGP)
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Income Statement |
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Annual | Quarterly | TTM |
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In millions, except per share items | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues | 6,318.4 | 5,806.3 | 5,188.1 | 4,437.7 | 3,908.8 | 2,835.1 | 2,329.9 | 1,823.7 |
Revenue growth | 8.8% | 11.9% | 16.9% | 13.5% | 37.9% | 21.7% | 27.8% | 12.4% |
Loss and loss adjustment expenses | 5,272.3 | 4,722.1 | 4,407.3 | 3,618.3 | | | | |
Other operating expenses | 715.7 | 631.0 | 563.1 | 801.2 | 3,709.9 | 2,661.4 | 2,242.6 | 1,681.8 |
EBITDA | 309.7 | 433.4 | 190.8 | 289.8 | 230.5 | 199.2 | 114.3 | 162.7 |
EBITDA margin | 4.9% | 7.5% | 3.7% | 6.5% | 5.9% | 7.0% | 4.9% | 8.9% |
Depreciation | 37.4 | 35.0 | 34.7 | 37.4 | 31.6 | 25.5 | 26.9 | 20.8 |
EBIT | 272.3 | 398.3 | 156.1 | 252.5 | 198.9 | 173.7 | 87.3 | 142.0 |
EBIT margin | 4.3% | 6.9% | 3.0% | 5.7% | 5.1% | 6.1% | 3.7% | 7.8% |
Interest income, net [+] | -3.6 | 6.8 | 12.8 | 71.4 | 73.3 | 39.3 | 18.3 | 10.3 |
Interest expense | 20.6 | 16.0 | 16.3 | 20.5 | 19.0 | 0.6 | 0.6 | 0.7 |
Interest income | 17.0 | 22.8 | 29.1 | 91.9 | 92.3 | 39.9 | 18.9 | 11.1 |
Pre-tax income | 309.8 | 437.2 | 201.4 | -2.3 | 179.9 | 173.1 | 86.7 | 141.2 |
Income taxes | 114.2 | 163.8 | 52.1 | 54.4 | 67.7 | 66.0 | 33.1 | 55.2 |
Tax rate | 36.9% | 37.5% | 25.9% | | 37.6% | 38.1% | 38.1% | 39.1% |
Net income | 195.6 | 273.4 | 149.3 | -56.6 | 112.2 | 107.1 | 53.7 | 86.0 |
Net margin | 3.1% | 4.7% | 2.9% | -1.3% | 2.9% | 3.8% | 2.3% | 4.7% |
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Basic EPS | $4.10 | $5.52 | $2.89 | ($1.07) | $2.13 | $2.07 | $1.05 | $1.73 |
Diluted EPS | $3.82 | $5.40 | $2.85 | ($1.07) | $2.13 | $2.07 | $1.05 | $1.73 |
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Shares outstanding (basic) | 47.7 | 49.5 | 51.6 | 52.8 | 52.6 | 51.9 | 51.2 | 49.7 |
Shares outstanding (diluted) | 51.2 | 50.6 | 52.3 | 52.8 | 52.6 | 51.9 | 51.2 | 49.7 |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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