Western Union 2010 Annual Report Download - page 127

Download and view the complete annual report

Please find page 127 of the 2010 Western Union 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 144

  • 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
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144

2009 by Quarter: Q1 Q2 Q3 Q4
Year Ended
December 31,
2009
Revenues............................................... $ 1,201.2 $ 1,254.3 $ 1,314.1 $ 1,314.0 $ 5,083.6
Expenses (b).......................................... 860.3 912.6 1,032.6 995.4 3,800.9
Other expense, net ................................. 35.7 46.0 35.0 34.5 151.2
Income before income taxes ................... 305.2 295.7 246.5 284.1 1,131.5
Provision for income taxes ..................... 81.3 75.5 65.5 60.4 282.7
Net income ........................................... $ 223.9 $ 220.2 $ 181.0 $ 223.7 $ 848.8
Earnings per share: ................................
Basic ............................................. $ 0.32 $ 0.31 $ 0.26 $ 0.32 $ 1.21
Diluted .......................................... $ 0.32 $ 0.31 $ 0.26 $ 0.32 $ 1.21
Weighted-average shares outstanding:
Basic ............................................. 707.1 700.6 698.4 689.8 698.9
Diluted .......................................... 708.0 702.7 701.6 693.2 701.0
(b) Includes $71.0 million in the third quarter for an agreement and settlement with the State of Arizona and other
states. See Note 6 for more information.
125