Equifax 2002 Annual Report Download - page 64

Download and view the complete annual report

Please find page 64 of the 2002 Equifax 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 72

  • 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

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
11.
QUARTERLY FINANCIAL DATA (UNAUDITED)
Quarterly financial data for 2002 and 2001 are as follows (in millions, except per share amounts):
2002 First Second Third Fourth
Operating revenue $259.0 $268.0 $289.7 $292.6
Operating income $79.3 $ 87.6 $ 89.7 $ 94.7
Income from continuing operations $42.0 $ 47.9 $ 49.7 $ 51.7
Net income $41.7 $ 47.5 $ 38.9 $ 49.9
Per Common Share (Basic):
Income from continuing operations $0.31 $ 0.35 $ 0.37 $ 0.38
Net income $0.31 $ 0.35 $ 0.29 $ 0.37
Per Common Share (Diluted):
Income from continuing operations $0.30 $ 0.34 $ 0.36 $ 0.38
Net income $0.30 $ 0.34 $ 0.28 $ 0.36
2001 First Second Third Fourth
Operating revenue before divested operations $272.5 $281.4 $274.0 $281.9
Divested operations 12.7 8.1 8.4 –
Operating revenue $285.2 $289.5 $282.4 $281.9
Operating income before divested operations,
goodwill, and restructuring and other charges $ 75.4 $ 85.3 $ 88.2 $ 93.6
Divested operations 1.3 (2.8) (1.4) –
Goodwill amortization (6.4) (6.3) (6.3) (6.4)
Restructuring and other charges – – – (60.4)
Operating income $ 70.3 $ 76.2 $ 80.5 $ 26.8
Income from continuing operations $ 34.1 $ 38.3 $ 35.8 $ 9.1
Net income $ 48.1 $ 29.5 $ 35.8 $ 9.1
Per Common Share (Basic):
Income from continuing operations $ 0.25 $ 0.28 $ 0.26 $ 0.07
Net income $ 0.35 $ 0.22 $ 0.26 $ 0.07
Per Common Share (Diluted):
Income from continuing operations $ 0.25 $ 0.28 $ 0.26 $ 0.07
Net income $ 0.35 $ 0.21 $ 0.26 $ 0.07
60
12.
SEGMENT INFORMATION
Our operations are primarily organized in five reportable segments,
with three segments based on the provision of our three core prod-
uct lines (Information Services, Marketing Services, and Consumer
Direct) within geographic regions (Equifax North America, Equifax
Europe, and Equifax Latin America), and two segments based on
other criteria (Other and Divested Operations). The accounting