Humana 2006 Annual Report Download - page 107

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Humana Inc.
QUARTERLY FINANCIAL INFORMATION
(Unaudited)
A summary of our quarterly unaudited results of operations for the years ended December 31, 2006 and
2005 follows:
2006
First Second(a) Third Fourth
(in thousands, except per share results)
Total revenues ................................... $4,704,365 $5,407,169 $5,649,784 $5,655,219
Income before income taxes ........................ 131,208 140,322 249,374 241,181
Net income ..................................... 83,715 89,489 159,198 155,021
Basic earnings per common share .................... 0.51 0.55 0.97 0.94
Diluted earnings per common share .................. 0.50 0.53 0.95 0.92
2005
First(b)(d) Second(d) Third(d) Fourth(c)(d)
(in thousands, except per share results)
Total revenues ................................... $3,387,225 $3,546,361 $3,821,461 $3,663,080
Income before income taxes ........................ 116,680 124,848 66,678 94,674
Net income ..................................... 106,735 81,412 46,807 61,776
Basic earnings per common share .................... 0.66 0.50 0.29 0.38
Diluted earnings per common share .................. 0.65 0.49 0.28 0.37
(a) Includes the operations of CHA Health since May 1, 2006, the date of its acquisition.
(b) Includes the operations of CarePlus since February 16, 2005, the date of its acquisition.
(c) Includes the operations of Corphealth since December 20, 2005, the date of its acquisition.
(d) We adopted Statement of Financial Accounting Standards No. 123 (revised 2004), Share-Based Payment,or
SFAS 123R, on January 1, 2006. We have adjusted prior period amounts to reflect the effect of expensing
stock awards under the modified retrospective application method of SFAS 123R.
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