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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Net revenue:        
Net revenue $ 1,810,923 $ 1,419,139 $ 3,616,000 $ 2,724,762
Costs and expenses:        
Cost of care 935,814 583,264 1,864,475 1,065,318
Cost of goods sold 558,419 562,355 1,118,084 1,104,988
Direct service costs and other operating expenses 259,152 231,372 528,229 452,858
Depreciation and amortization 33,848 27,731 64,255 54,707
Interest expense 8,678 4,900 17,044 9,048
Interest and other income (3,363) (1,071) (5,839) (2,020)
Total costs and expenses 1,792,548 1,408,551 3,586,248 2,684,899
Income before income taxes 18,375 10,588 29,752 39,863
Provision for income taxes 4,824 5,661 4,749 17,467
Net income 13,551 4,927 25,003 22,396
Less: net loss attributable to non-controlling interest   (573)   (851)
Net income attributable to Magellan $ 13,551 $ 5,500 $ 25,003 $ 23,247
Net income attributable to Magellan per common share:        
Basic (in dollars per share) $ 0.55 $ 0.24 $ 1.02 $ 1.01
Diluted (in dollars per share) $ 0.53 $ 0.23 $ 0.98 $ 0.97
Managed care and other        
Net revenue:        
Net revenue $ 1,215,340 $ 821,699 $ 2,435,103 $ 1,551,039
PBM        
Net revenue:        
Net revenue $ 595,583 $ 597,440 $ 1,180,897 $ 1,173,723