
Covance Not Cooling...


| Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
| Sales | 2.63B | 3.02B | 2.76B | 2.54B |
| Cost of Sales | 1.92B | 2.30B | 2.10B | 1.95B |
| Gross Operating Profit | 710.00M | 729.00M | 657.00M | 594.00M |
| Selling, General, and Administrative Expenses | 299.00M | 339.00M | 316.00M | 306.00M |
| Research & Development | 44.00M | 43.00M | 42.00M | 38.00M |
| Operating Income before D & A (EBITDA) | 367.00M | 347.00M | 299.00M | 250.00M |
| Depreciation & Amortization | 139.00M | 140.00M | 175.00M | 173.00M |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Income - Net | 15.00M | 8.00M | -426.00M | -187.00M |
| Special Income / Charges | -5.00M | -4.00M | -57.00M | -104.00M |
| Total Income Before Interest Expenses (EBIT) | 226.00M | 208.00M | -359.00M | -214.00M |
| Interest Expense | 64.00M | 63.00M | 191.00M | 70.00M |
| Pre-Tax Income | 162.00M | 145.00M | -550.00M | -284.00M |
| Income Taxes | 28.00M | 25.00M | 22.00M | 5.00M |
| Minority Interest | -1.00M | 1.00M | 1.00M | 1.00M |
| Net Income From Continuing Operations | 134.00M | 120.00M | -572.00M | -289.00M |
| Net Income From Discontinued Operations | -34.00M | 0.00 | -13.00M | -3.00M |
| Net Income From Total Operations | 100.00M | 120.00M | -585.00M | -292.00M |
| 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 | 101.00M | 119.00M | -586.00M | -293.00M |
| Normalized Income (Net Income From Continuing Operations, Ex. Special Income / Charge) |
151.00M | 127.00M | -515.00M | -185.00M |
| Preferred Dividends | ||||
|---|---|---|---|---|
| Net Income Available To Common | 134.00M | 120.00M | -572.00M | -289.00M |
| Basic EPS from Continuing Ops. | 1.35 | 1.19 | -2.58 | -79.00 |
| Basic EPS from Discontinued Ops. | -0.33 | 0.00 | -0.05 | -0.66 |
| Basic EPS from Total Operations | 1.02 | 1.19 | -2.63 | -79.66 |
| 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 | 1.02 | 1.19 | -2.63 | -79.66 |
| Basic Normalized Net Income/Share | 1.52 | 1.26 | -2.32 | -50.57 |
| EPS fr Continuing Ops. | 1.35 | 1.19 | -2.58 | -79.00 |
| EPS fr Discontinued Ops | -0.33 | 0.00 | -0.05 | -0.66 |
| EPS fr Total Ops. | 1.02 | 1.19 | -2.63 | -79.66 |
| 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 | 1.02 | 1.19 | -2.63 | -79.66 |
| Diluted Normalized Net Inc/Shr (Net Income From Continuing Operations, Ex. Special Income / Charge) |
1.52 | 1.26 | -2.32 | -50.57 |
| Dividends Paid per Share | 0.00 | 0.00 | 0.00 | 0.00 |