Equifax 2010 Annual Report Download - page 39

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Twelve Months Ended
December 31,
(In millions, except per share amounts) 2010 2009 2008
Operating revenue $1,859.5 $1,716.0 $1,813.6
Operating expenses:
Cost of services (exclusive of depreciation and amortization below) 759.9 718.8 741.8
Selling, general and administrative expenses 507.4 470.2 490.6
Depreciation and amortization 162.2 145.2 142.2
Total operating expenses 1,429.5 1,334.2 1,374.6
Operating income 430.0 381.8 439.0
Interest expense (56.1) (57.0) (71.3)
Other income, net 1.3 6.2 6.2
Consolidated income from continuing operations before income taxes 375.2 331.0 373.9
Provision for income taxes (131.9) (106.6) (119.0)
Consolidated income from continuing operations 243.3 224.4 254.9
Income from discontinued operations, net of tax 31.5 16.1 24.1
Consolidated net income 274.8 240.5 279.0
Less: Net income attributable to noncontrolling interests (8.1) (6.6) (6.2)
Net income attributable to Equifax $ 266.7 $ 233.9 $ 272.8
Amounts attributable to Equifax:
Net income from continuing operations attributable to Equifax $ 235.2 $ 217.8 $ 248.7
Discontinued operations, net of tax 31.5 16.1 24.1
Net income attributable to Equifax $ 266.7 $ 233.9 $ 272.8
Basic earnings per common share:
Income from continuing operations attributable to Equifax $ 1.89 $ 1.72 $ 1.94
Discontinued operations 0.25 0.13 0.19
Net income attributable to Equifax $ 2.14 $ 1.85 $ 2.13
Weighted-average shares used in computing basic earnings per share 124.8 126.3 128.1
Diluted earnings per common share:
Income from continuing operations attributable to Equifax $ 1.86 $ 1.70 $ 1.91
Discontinued operations 0.25 0.13 0.18
Net income attributable to Equifax $ 2.11 $ 1.83 $ 2.09
Weighted-average shares used in computing diluted earnings per share 126.5 127.9 130.4
Dividends per common share $ 0.28 $ 0.16 $ 0.16
See Notes to Consolidated Financial Statements.
CONSOLIDATED STATEMENTS OF INCOME
EQUIFAX 2010 ANNUAL REPORT 37
37