
Covance Not Cooling...


| Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
| Sales | 2.36B | 2.34B | 2.09B | 1.48B |
| Cost of Sales | 1.09B | 1.05B | 987.00M | 781.00M |
| Gross Operating Profit | 1.28B | 1.28B | 1.11B | 703.00M |
| Selling, General, and Administrative Expenses | 199.00M | 220.00M | 196.00M | 169.00M |
| Research & Development | 335.00M | 317.00M | 280.00M | 245.00M |
| Operating Income before D & A (EBITDA) | 742.00M | 746.00M | 630.00M | 289.00M |
| Depreciation & Amortization | 155.00M | 158.00M | 161.00M | 164.00M |
| Interest Income | 0.00 | 1.00M | 0.00 | 0.00 |
| Other Income - Net | 4.00M | -20.00M | -26.00M | -61.00M |
| Special Income / Charges | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Income Before Interest Expenses (EBIT) | 586.00M | 565.00M | 440.00M | 41.00M |
| Interest Expense | 1.00M | 4.00M | 34.00M | 77.00M |
| Pre-Tax Income | 585.00M | 561.00M | 406.00M | -36.00M |
| Income Taxes | 22.00M | 9.00M | -9.00M | 8.00M |
| Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing Operations | 563.00M | 552.00M | 415.00M | -44.00M |
| Net Income From Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Total Operations | 563.00M | 552.00M | 415.00M | -44.00M |
| 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 | 563.00M | 552.00M | 415.00M | -44.00M |
| Normalized Income (Net Income From Continuing Operations, Ex. Special Income / Charge) |
568.00M | 556.00M | 418.00M | -21.00M |
| Preferred Dividends | ||||
|---|---|---|---|---|
| Net Income Available To Common | 563.00M | 552.00M | 415.00M | -44.00M |
| Basic EPS from Continuing Ops. | 2.30 | 2.25 | 1.74 | -0.20 |
| Basic EPS from Discontinued Ops. | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Total Operations | 2.30 | 2.25 | 1.74 | -0.20 |
| 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 | 2.30 | 2.25 | 1.74 | -0.20 |
| Basic Normalized Net Income/Share | 2.32 | 2.27 | 1.75 | -0.10 |
| EPS fr Continuing Ops. | 2.25 | 2.19 | 1.69 | -0.20 |
| EPS fr Discontinued Ops | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Total Ops. | 2.25 | 2.19 | 1.69 | -0.20 |
| 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 | 2.25 | 2.19 | 1.69 | -0.20 |
| Diluted Normalized Net Inc/Shr (Net Income From Continuing Operations, Ex. Special Income / Charge) |
2.27 | 2.21 | 1.70 | -0.10 |
| Dividends Paid per Share | 0.56 | 0.35 | 0.00 | 0.00 |