Equifax 2011 Annual Report Download - page 28

Download and view the complete annual report

Please find page 28 of the 2011 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 80

  • 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

Equity Transactions
Net cash provided by (used in): Twelve Months Ended December 31, Change
(Dollars in millions) 2011 2010 2009 2011 vs. 2010 2010 vs. 2009
Treasury stock purchases $(142.3) $(167.5) $(23.8) $ 25.2 $(143.7)
Dividends paid to Equifax shareholders $ (78.1) $ (35.2) $(20.2) $(42.9) $ (15.0)
Dividends paid to noncontrolling interests $ (5.6) $ (5.1) $ (4.0) $ (0.5) $ (1.1)
Proceeds from exercise of stock options $ 23.7 $ 29.3 $ 10.2 $ (5.6) $ 19.1
Excess tax benefits from stock-based
compensation plans $ 1.2 $ 3.5 $ 1.3 $ (2.3) $ 2.2
Sources and uses of cash related to equity during the twelve months
ended December 31, 2011, 2010 and 2009 were as follows:
Under share repurchase programs authorized by our Board of
Directors, we purchased 4.2 million, 5.2 million, and 0.9 million
common shares on the open market during the twelve months
ended December 31, 2011, 2010 and 2009, respectively, for
$142.3 million, $167.5 million and $23.8 million, respectively, at an
average price per common share of $34.19, $32.28 and $26.41,
respectively. At December 31, 2011, the Company had
$112.1 million remaining for stock repurchases under the existing
Board authorization.
During the twelve months ended December 31, 2011, 2010 and
2009, we paid cash dividends to Equifax shareholders of
$78.1 million, $35.2 million and $20.2 million, respectively, at
$0.64 per share for 2011, $0.28 per share for 2010 and $0.16 per
share for 2008.
MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS continued
EQUIFAX 2011 ANNUAL REPORT
26