Equifax 2009 Annual Report Download - page 78

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued
Three Months Ended
(In millions, except per share data) March 31, June 30, September 30, December 31,
2008
Operating revenue $ 503.1 $ 501.9 $ 484.1 $ 446.6
Operating income $ 126.2 $ 127.7 $ 107.2 $ 116.1
Consolidated net income $ 67.4 $ 72.6 $ 73.8 $ 65.2
Net income attributable to Equifax $ 65.7 $ 70.8 $ 72.3 $ 64.0
Basic earnings per common share* $ 0.51 $ 0.55 $ 0.57 $ 0.51
Diluted earnings per common share* $ 0.50 $ 0.54 $ 0.56 $ 0.50
*The sum of the quarterly EPS does not equal the annual EPS due to changes in the weighted-average shares between periods.
The comparability of our quarterly financial results during 2009 and • During the fourth quarter of 2009, we recorded a $7.3 million
2008 was impacted by certain events, as follows: income tax benefit related to our ability to utilize foreign tax cred-
• During 2009, we made several acquisitions, including IXI Corpora- its beyond 2009. During the third quarter of 2008, we recorded
tion and Rapid Reporting Verification Company during the fourth an income tax benefit of $14.6 million related to uncertain tax
quarter of 2009. For additional information about our acquisitions, positions for which the statute of limitations expired. For additional
see Note 2 of the Notes to Consolidated Financial Statements. information about these benefits, see Note 6 of the Notes to the
• During the first and fourth quarters of 2009 and the third quarter Consolidated Financial Statements.
of 2008, we recorded restructuring charges. For additional infor-
mation about these charges, see Note 10 of the Notes to Con-
solidated Financial Statements.
76 EQUIFAX 2009 ANNUAL REPORT
11943 Equifax_Financials.indd 76 3/4/10 4:21 PM