CVS 2011 Annual Report Download - page 78

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Notes to Consolidated Financial Statements
CVS CAREMARK 76 2011 ANNUAL REPORT
16 QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
in millions, except per share amounts First Quarter
(1) Second Quarter
(1) Third Quarter Fourth Quarter Year
2011:
Net revenues $ 25,695 $ 26,414 $ 26,674 $ 28,317 $ 107,100
Gross profit 4,742 5,086 5,178 5,555 20,561
Operating profit 1,305 1,484 1,584 1,957 6,330
Income from continuing operations 709 813 867 1,099 3,488
Income (loss) from discontinued operations,
net of tax 3 2 — (36) (31)
Net income 712 815 867 1,063 3,457
Net loss attributable to noncontrolling interest 1 1 1 1 4
Net income attributable to CVS Caremark $ 713 $ 816 $ 868 $ 1,064 $ 3,461
Basic earnings per common share:
Income from continuing operations
attributable to CVS Caremark $ 0.52 $ 0.60 $ 0.65 $ 0.84 $ 2.61
Loss from discontinued operations
attributable to CVS Caremark $ — $ — $ — $ (0.03) $ (0.02)
Net income attributable to CVS Caremark $ 0.52 $ 0.60 $ 0.65 $ 0.82 $ 2.59
Diluted Earnings per common share:
Income from continuing operations
attributable to CVS Caremark $ 0.52 $ 0.60 $ 0.65 $ 0.84 $ 2.59
Loss from discontinued operations
attributable to CVS Caremark $ — $ — $ — $ (0.03) $ (0.02)
Net income attributable to CVS Caremark $ 0.52 $ 0.60 $ 0.65 $ 0.81 $ 2.57
Dividends per common share $ 0.125 $ 0.125 $ 0.125 $ 0.125 $ 0.500
Stock price: (New York Stock Exchange)
High $ 35.95 $ 39.50 $ 38.82 $ 41.35 $ 41.35
Low $ 32.08 $ 34.21 $ 31.30 $ 32.28 $ 31.30
(1) The results of operations previously filed have been revised to reflect the results of TheraCom as discontinued operations. See Note 3.
127087_Financial.indd 76 3/9/12 9:42 PM