Cardinal Health 2010 Annual Report Download - page 106
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(
in millions, except per common share amounts
)
F
i
r
s
t
Q
uarter
S
econd
Q
uarte
r
Th
i
r
d
Q
uarte
r
Fou
rt
h
Q
uarter
(
1
)
Fi
sca
l 2009
R
e
v
enue
...........................................
$
23,437.1 $24,117.8 $24,089.3 $24,347.3
G
ross mar
gi
n
........................................
901.2 915.1 986.9 944.
3
D
i
str
ib
ut
i
on, se
lli
n
g
,
g
enera
l
an
d
a
d
m
i
n
i
strat
i
ve expenses
....
590.3 578.5 573.0 591.
7
Earn
i
n
g
s
f
rom cont
i
nu
i
n
g
operat
i
on
s
.....................
172.2 169.0 215.1 202.
0
Earn
i
n
g
s
f
rom
di
scont
i
nue
d
operat
i
ons
...................
7
6.9 147.5 97.8 71.2
Net earn
i
n
g
s
........................................
249.1 316.5 312.9 273.2
Earn
i
n
g
s
f
rom cont
i
nu
i
n
g
operat
i
ons per Common S
h
are:
B
as
ic
.
.............................................
$
0.48 $ 0.48 $ 0.60 $ 0.5
6
D
il
ute
d
............................................
0
.4
80
.47
0
.
60 0
.
56
(1) Dur
i
n
g
t
h
e
f
ourt
h
quarter o
ffi
sca
l
2009, we recor
d
e
d
certa
i
n out o
f
per
i
o
di
tems w
hi
c
hi
ncrease
dg
ros
s
mar
g
in b
y$
5.2 million (of which
$
2.5 million pertained to the first three quarters of fiscal 2009 and
$
2.
7
m
illi
on perta
i
ne
d
to
fi
sca
l
2008),
i
ncrease
ddi
str
ib
ut
i
on, se
lli
n
g
,
g
enera
l
an
d
a
d
m
i
n
i
strat
i
ve expenses
by
$
13.6 million (of which
$
4.2 million pertained to the first three quarters of fiscal 2009,
$
4.8 millio
n
pertained to fiscal 2008 and
$
4.6 million pertained to periods prior to fiscal 2008), and decreased earnings
from continuing operations and net earnings by
$
4.5 million (of which
$
1.4 million pertained to fiscal 2008
and
$
3.1 million pertained to periods prior to fiscal 2008). The amounts were not material individually or i
n
t
h
e aggregate to t
h
e current or pr
i
or per
i
o
d
s.
2
0.
S
UB
S
EQUENT EVENT
S
On July 15, 2010, we completed the acquisition of Healthcare Solutions Holding, LLC for
$
517.0 million in
cash. The agreement also includes potential maximum contingent payments of
$
150.0 million over the next thre
e
years
.
S
ubsequent to fiscal 2010, we repurchased 7.5 million Common Shares having an aggregate cost of
$
25
0
m
illi
on. T
h
e average pr
i
ce pa
id
per common s
h
are
f
or a
ll
Common S
h
ares repurc
h
ase
dd
ur
i
ng Ju
l
yan
d
August
was
$
33.22.
80