Express Scripts 2013 Annual Report Download - page 100

Download and view the complete annual report

Please find page 100 of the 2013 Express Scripts annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 124

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124

Express Scripts 2013 Annual Report 100
14. Quarterly financial data (unaudited)
The following is a presentation of our unaudited quarterly financial data:
Quarters
(in millions, except per share data) First Second Third Fourth
Fiscal 2013(1)
Total revenues(2) $ 26,019.9 $ 26,381.9 $ 25,915.6 $ 25,781.4
Cost of revenues(2) 24,057.8 24,266.8 23,921.4 23,720.4
Gross profit 1,962.1 2,115.1 1,994.2 2,061.0
Selling, general and administrative 1,119.0 1,110.8 1,118.7 1,232.2
Operating income 843.1 1,004.3 875.5 828.8
Net income from continuing operations 380.0 574.4 453.6 518.3
Net loss from discontinued operations, net of tax (1.9)(23.9)(15.5)(12.3)
Net income $ 378.1 $ 550.5 $ 438.1 $ 506.0
Less: Net income attributable to non-controlling interest 5.1 7.5 11.4 4.1
Net income attributable to Express Scripts 373.0 543.0 426.7 501.9
Basic earnings (loss) per share
Continuing operations attributable to Express Scripts $ 0.46 $ 0.70 $ 0.55 $ 0.65
Discontinued operations attributable to Express Scripts —(0.03)(0.02)(0.02)
Net earnings attributable to Express Scripts 0.46 0.67 0.53 0.63
Diluted earnings (loss) per share attributable to Express
Scripts
Continuing operations attributable to Express Scripts $ 0.45 $ 0.68 $ 0.54 $ 0.64
Discontinued operations attributable to Express Scripts —(0.03)(0.02)(0.02)
Net earnings attributable to Express Scripts 0.45 0.66 0.52 0.63
Amounts attributable to Express Scripts shareholders:
Income from continuing operations, net of tax $ 374.9 $ 566.9 $ 442.2 $ 514.2
Discontinued operations, net of tax (1.9)(23.9)(15.5)(12.3)
Net income attributable to Express Scripts shareholders $ 373.0 $ 543.0 $ 426.7 $ 501.9