Humana 2013 Annual Report Download - page 145

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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, 2013 and
2012 follows:
2013
First Second Third Fourth (1)
(in millions, except per share results)
Total revenues ............................................. $10,486 $10,321 $10,319 $10,187
Income (loss) before income taxes ............................. 730 654 586 (49)
Net income (loss) .......................................... 473 420 368 (30)
Basic earnings (loss) per common share ........................ 2.97 2.66 2.34 (0.19)
Diluted earnings (loss) per common share ....................... 2.95 2.63 2.31 (0.19)
2012
First Second Third Fourth
(in millions, except per share results)
Total revenues .............................................. $10,219 $9,699 $9,651 $9,557
Income before income taxes .................................... 390 564 675 282
Net income ................................................. 248 356 426 192
Basic earnings per common share ............................... 1.51 2.19 2.65 1.21
Diluted earnings per common share .............................. 1.49 2.16 2.62 1.19
(1) The sum of quarterly amounts does not equal full year results due to the anti-dilutive impact of a loss in the
fourth quarter. The fourth quarter includes an expense of $243 million ($154 million after tax, or $0.99 per
diluted common share) for reserve strengthening associated with our closed block of long-term care
insurance policies.
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