
Covance Not Cooling...


| Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
| Sales | 1.78B | 2.06B | 1.95B | 1.20B |
| Cost of Sales | 504.66M | 578.40M | 539.41M | 367.56M |
| Gross Operating Profit | 1.28B | 1.49B | 1.42B | 827.85M |
| Selling, General, and Administrative Expenses | 289.85M | 279.22M | 254.50M | 234.07M |
| Research & Development | 360.42M | 325.73M | 264.65M | 260.21M |
| Operating Income before D & A (EBITDA) | 628.10M | 881.12M | 895.88M | 333.57M |
| Depreciation & Amortization | 36.86M | 31.93M | 27.54M | 29.02M |
| Interest Income | 8.39M | 3.53M | 3.33M | 6.08M |
| Other Income - Net | 268.00K | 0.00 | 0.00 | 0.00 |
| Special Income / Charges | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Income Before Interest Expenses (EBIT) | 599.89M | 852.72M | 871.67M | 310.63M |
| Interest Expense | 7.98M | 3.73M | 3.84M | 5.09M |
| Pre-Tax Income | 591.92M | 848.99M | 867.83M | 305.54M |
| Income Taxes | 35.11M | 78.28M | 84.94M | 54.48M |
| Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing Operations | 556.81M | 0.00 | 0.00 | 0.00 |
| Net Income From Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Total Operations | 556.81M | 0.00 | 0.00 | 0.00 |
| Extraordinary Income/Losses | 0.00 | 0.00 | 0.00 | 0.00 |
| Income From Cum. Effect of Acct. Change | 0.00 | 0.00 | 0.00 | 0.00 |
| Income From Tax Loss Carryforward | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Gains / Losses | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Net Income | 556.81M | 770.71M | 782.88M | 251.06M |
| Normalized Income (Net Income From Continuing Operations, Ex. Special Income / Charge) |
556.81M | 0.00 | 0.00 | 0.00 |
| Preferred Dividends | ||||
|---|---|---|---|---|
| Net Income Available To Common | 556.81M | 0.00 | 0.00 | 0.00 |
| Basic EPS from Continuing Ops. | 1.74 | 2.39 | 2.55 | 0.85 |
| Basic EPS from Discontinued Ops. | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Total Operations | 1.74 | 2.39 | 2.55 | 0.85 |
| Basic EPS from Extraordinary Inc. | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Cum Effect of Accounting Change | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Tax Loss Carryf'd. | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Other Gains (Losses) | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS, Total | 1.74 | 2.39 | 2.55 | 0.85 |
| Basic Normalized Net Income/Share | 1.74 | n.a. | n.a. | n.a. |
| EPS fr Continuing Ops. | 1.72 | 2.35 | 2.49 | 0.84 |
| EPS fr Discontinued Ops | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Total Ops. | 1.72 | 2.35 | 2.49 | 0.84 |
| EPS fr Extraord. Inc. | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Cum Effect of Accounting Change | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Tax Loss Carfd. | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Other Gains (L) | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS, Total | 1.72 | 2.35 | 2.49 | 0.84 |
| Diluted Normalized Net Inc/Shr (Net Income From Continuing Operations, Ex. Special Income / Charge) |
1.72 | n.a. | n.a. | n.a. |
| Dividends Paid per Share | 0.36 | 0.28 | 0.22 | 0.20 |