Equifax 2013 Annual Report Download - page 34

63 EQUIFAX 2013 ANNUAL REPORT
Twelve Months Ended
December 31,
(in millions) 2013 2012 2011
Operating income:
U.S. Consumer Information Solutions $ 397.8 $ 345.2 $ 298.9
International 148.1 143.8 132.2
Workforce Solutions 142.6 106.6 89.5
North America Personal Solutions 58.6 50.4 41.3
North America Commercial Solutions 21.4 19.8 23.6
General Corporate Expense (157.3) (185.8) (116.9)
Total operating income $ 611.2 $ 480.0 $ 468.6
December 31,
(in millions) 2013 2012
Total assets:
U.S. Consumer Information Solutions $1,926.4 $2,010.5
International 728.1 701.7
Workforce Solutions 1,295.5 1,371.9
North America Personal Solutions 42.9 23.7
North America Commercial Solutions 62.9 64.2
General Corporate 484.1 348.1
Total assets $4,539.9 $4,520.1
Twelve Months Ended
December 31,
(in millions) 2013 2012 2011
Depreciation and amortization
expense:
U.S. Consumer Information Solutions $ 86.0 $ 40.6 $ 42.1
International 23.4 24.8 26.9
Workforce Solutions 51.7 66.2 63.7
North America Personal Solutions 7.5 7.0 6.0
North America Commercial Solutions 3.5 4.7 5.1
General Corporate 17.5 16.7 16.8
Total depreciation and amortization
expense $189.6 $160.0 $160.6
Twelve Months Ended
December 31,
(in millions) 2013 2012 2011
Capital expenditures:
U.S. Consumer Information Solutions $14.6 $16.1 $13.5
International 19.2 10.7 15.8
Workforce Solutions 14.6 12.8 23.4
North America Personal Solutions 6.9 6.1 5.4
North America Commercial Solutions 2.6 2.2 2.2
General Corporate 25.4 18.1 14.7
Total capital expenditures $83.3 $66.0 $75.0
Financial information by geographic area is as follows:
Twelve Months Ended December 31,
2013 2012 2011
(in millions) Amount % Amount % Amount %
Operating revenue (based on location of customer):
U.S. $1,766.0 77% $1,561.9 76% $1,374.3 72%
Canada 155.6 7% 153.9 7% 151.3 8%
U.K. 144.7 6% 133.5 6% 124.1 7%
Other 237.6 10% 223.7 11% 243.5 13%
Total operating revenue $2,303.9 100% $2,073.0 100% $1,893.2 100%
December 31,
2013 2012
(in millions) Amount % Amount %
Long-lived assets:
U.S. $3,332.8 86% $3,453.6 87%
U.K. 122.3 3% 122.3 3%
Canada 54.7 1% 63.9 1%
Other 381.7 10% 341.6 9%
Total long-lived assets $3,891.5 100% $3,981.4 100%
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued
64 EQUIFAX 2013 ANNUAL REPORT
15. QUARTERLY FINANCIAL DATA (UNAUDITED)
Quarterly financial data for 2013 and 2012 was as follows:
Three Months Ended
(In millions, except per share data) March 31, June 30, September 30, December 31,
2013
Operating revenue $566.5 $586.9 $572.0 $578.5
Operating income $149.0 $158.1 $150.0 $154.1
Consolidated income from continuing operations $ 84.2 $ 92.3 $ 86.1 $ 78.9
Discontinued operations, net of tax $ 19.0 $— $ (0.6) $ —
Consolidated net income $103.2 $ 92.3 $ 85.5 $ 78.9
Net income attributable to Equifax $101.1 $ 90.5 $ 83.5 $ 76.7
Basic earnings per common share*
Net income from continuing operations attributable to
Equifax $ 0.68 $ 0.75 $ 0.69 $ 0.63
Discontinued operations attributable to Equifax $ 0.16 $— $— $—
Net income attributable to Equifax $ 0.84 $ 0.75 $ 0.69 $ 0.63
Diluted earnings per common share*
Net income from continuing operations attributable to
Equifax $ 0.67 $ 0.73 $ 0.67 $ 0.62
Discontinued operations attributable to Equifax $ 0.15 $— $— $—
Net income attributable to Equifax $ 0.82 $ 0.73 $ 0.67 $ 0.62
Three Months Ended
(In millions, except per share data) March 31, June 30, September 30, December 31,
2012
Operating revenue $505.9 $513.3 $520.0 $533.8
Operating income $128.3 $129.0 $130.5 $ 92.2
Consolidated income from continuing operations $ 73.3 $ 76.5 $ 79.1 $ 46.4
Discontinued operations, net of tax $ 0.4 $ 2.3 $ 1.0 $ 1.8
Consolidated net income $ 73.7 $ 78.8 $ 80.1 $ 48.2
Net income attributable to Equifax $ 71.5 $ 76.4 $ 77.9 $ 46.3
Basic earnings per common share*
Net income from continuing operations attributable to
Equifax $ 0.59 $ 0.61 $ 0.64 $ 0.37
Discontinued operations attributable to Equifax $ 0.01 $ 0.02 $ 0.01 $ 0.02
Net income attributable to Equifax $ 0.60 $ 0.63 $ 0.65 $ 0.39
Diluted earnings per common share*
Net income from continuing operations attributable to
Equifax $ 0.58 $ 0.60 $ 0.63 $ 0.36
Discontinued operations attributable to Equifax $— $ 0.02 $ 0.01 $ 0.02
Net income attributable to Equifax $ 0.58 $ 0.62 $ 0.64 $ 0.38
* The sum of the quarterly EPS does not equal the annual EPS due to changes in the weighted-average shares between periods.