Equifax 2015 Annual Report Download - page 39

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– 38 –
CONSOLIDATED STATEMENTS OF INCOME FOR EACH OF THE THREE YEARS IN THE PERIOD
ENDED DECEMBER 31, 2015
CONSOLIDATED STATEMENTS OF INCOME
Twelve Months Ended
December 31,
2015 2014 2013
(Inmillions,exceptpershareamounts)
Operating revenue $2,663.6 $ 2,436.4 $ 2,303.9
Operating expenses:
Cost of services (exclusive of depreciation and amortization below) 887.4 844.7 787.3
Selling, general and administrative expenses 884.3 751.7 715.8
Depreciation and amortization 198.0 201.8 189.6
Total operating expenses 1,969.7 1,798.2 1,692.7
Operating income 693.9 638.2 611.2
Interest expense (63.8)(68.6) (70.2)
Other income (expense), net 6.5 4.6 (10.6)
Consolidated income from continuing operations before income taxes 636.6 574.2 530.4
Provision for income taxes (201.8)(200.2) (188.9)
Consolidated income from continuing operations 434.8 374.0 341.5
Income from discontinued operations, net of tax —— 18.4
Consolidated net income 434.8 374.0 359.9
Less: Net income attributable to noncontrolling interests (5.7)(6.6) (8.1)
Net income attributable to Equifax $429.1 $ 367.4 $ 351.8
Amounts attributable to Equifax:
Net income from continuing operations attributable to Equifax $429.1 $ 367.4 $ 333.4
Discontinued operations, net of tax —— 18.4
Net income attributable to Equifax $429.1 $ 367.4 $ 351.8
Basic earnings per share:
Income from continuing operations attributable to Equifax $3.61 $ 3.03 $ 2.75
Discontinued operations —— 0.15
Net income attributable to Equifax $3.61 $ 3.03 $ 2.90
Weighted-average shares used in computing basic earnings per share 118.7 121.2 121.2
Diluted earnings per share:
Income from continuing operations attributable to Equifax $3.55 $ 2.97 $ 2.69
Discontinued operations —— 0.15
Net income attributable to Equifax $3.55 $ 2.97 $ 2.84
Weighted-average shares used in computing diluted earnings per share 120.9 123.5 123.7
Dividends per share $1.16 $ 1.00 $ 0.88
See Notes to Consolidated Financial Statements.
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