Equifax 2011 Annual Report Download - page 40

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Twelve Months Ended
December 31,
(In millions, except per share amounts) 2011 2010 2009
Operating revenue $1,959.8 $1,859.5 $1,716.0
Operating expenses:
Cost of services (exclusive of depreciation and amortization below) 768.5 759.9 718.8
Selling, general and administrative expenses 554.8 507.4 470.2
Depreciation and amortization 165.5 162.2 145.2
Total operating expenses 1,488.8 1,429.5 1,334.2
Operating income 471.0 430.0 381.8
Interest expense (55.1) (56.1) (57.0)
Other income (expense), net (7.7) 1.3 6.2
Consolidated income from continuing operations before income taxes 408.2 375.2 331.0
Provision for income taxes (168.0) (131.9) (106.6)
Consolidated income from continuing operations 240.2 243.3 224.4
Income from discontinued operations, net of tax 1.5 31.5 16.1
Consolidated net income 241.7 274.8 240.5
Less: Net income attributable to noncontrolling interests (8.8) (8.1) (6.6)
Net income attributable to Equifax $ 232.9 $ 266.7 $ 233.9
Amounts attributable to Equifax:
Net income from continuing operations attributable to Equifax $ 231.4 $ 235.2 $ 217.8
Discontinued operations, net of tax 1.5 31.5 16.1
Net income attributable to Equifax $ 232.9 $ 266.7 $ 233.9
Basic earnings per common share:
Income from continuing operations attributable to Equifax $ 1.90 $ 1.89 $ 1.72
Discontinued operations 0.01 0.25 0.13
Net income attributable to Equifax $ 1.91 $ 2.14 $ 1.85
Weighted-average shares used in computing basic earnings per share 121.9 124.8 126.3
Diluted earnings per common share:
Income from continuing operations attributable to Equifax $ 1.87 $ 1.86 $ 1.70
Discontinued operations 0.01 0.25 0.13
Net income attributable to Equifax $ 1.88 $ 2.11 $ 1.83
Weighted-average shares used in computing diluted earnings per share 123.7 126.5 127.9
Dividends per common share $ 0.64 $ 0.28 $ 0.16
See Notes to Consolidated Financial Statements.
CONSOLIDATED STATEMENTS OF INCOME
EQUIFAX 2011 ANNUAL REPORT
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