Equifax 2009 Annual Report Download - page 40

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CONSOLIDATED STATEMENTS OF INCOME
Twelve Months Ended
December 31,
(In millions, except per share amounts) 2009 2008 2007
Operating revenue $ 1,824.5 $ 1,935.7 $ 1,843.0
Operating expenses:
Cost of services (exclusive of depreciation and amortization below) 767.8 792.0 757.4
Selling, general and administrative expenses 490.3 511.1 471.7
Depreciation and amortization 158.8 155.4 127.7
Total operating expenses 1,416.9 1,458.5 1,356.8
Operating income 407.6 477.2 486.2
Interest expense (57.0) (71.3) (58.5)
Other income, net 6.0 6.2 3.0
Consolidated income before income taxes 356.6 412.1 430.7
Provision for income taxes (116.1) (133.1) (151.9)
Consolidated net income 240.5 279.0 278.8
Less: Net income attributable to noncontrolling interests (6.6) (6.2) (6.1)
Net income attributable to Equifax $ 233.9 $ 272.8 $ 272.7
Basic earnings per common share $ 1.85 $ 2.13 $ 2.07
Weighted-average shares used in computing basic earnings per share 126.3 128.1 132.0
Diluted earnings per common share $ 1.83 $ 2.09 $ 2.02
Weighted-average shares used in computing diluted earnings per share 127.9 130.4 135.1
Dividends per common share $ 0.16 $ 0.16 $ 0.16
See Notes to Consolidated Financial Statements.
38 EQUIFAX 2009 ANNUAL REPORT
11943 Equifax_Financials.indd 38 3/4/10 4:21 PM