LabCorp 2014 Annual Report Download - page 122
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F-43
2014 2013 2012
Net revenues:
Clinical laboratory diagnostics $ 5,682.2 $ 5,465.2 $ 5,336.4
Other 329.4 343.1 335
Total net revenues $ 6,011.6 $ 5,808.3 $ 5,671.4
Operating earnings (loss):
Clinical laboratory diagnostics $ 1,461.9 $ 1,440.1 $ 1,435.4
Other 82.4 93.9 96.8
General corporate expenses (633.9)(543.1)(508.7)
Total operating income 910.4 990.9 1,023.5
Non-operating expenses, net (83.7)(75.3)(79.3)
Earnings before income taxes 826.7 915.6 944.2
Provision for income taxes 314.1 340.2 359.4
Net earnings 512.6 575.4 584.8
Less: Net income attributable to noncontrolling interests (1.4)(1.6)(1.7)
Net income attributable to Laboratory Corporation of America Holdings $ 511.2 $ 573.8 $ 583.1
2014 2013 2012
Depreciation and amortization:
Clinical laboratory diagnostics $ 180.3 $ 171.2 $ 169.1
Other 9.8 9.2 8.1
General corporate 44.2 42.1 40.3
Total depreciation and amortization $ 234.3 $ 222.5 $ 217.5
21. QUARTERLY DATA (UNAUDITED)
The following is a summary of unaudited quarterly data:
Year ended December 31, 2014
1st
Quarter 2nd
Quarter 3rd
Quarter 4th
Quarter Full
Year
Net sales $ 1,430.7 $ 1,516.4 $ 1,551.8 $ 1,512.7 $ 6,011.6
Gross profit 516.8 568.6 571.2 546.5 2,203.1
Net earnings attributable to Laboratory Corporation
of America Holdings 113.1 141.3 137.2 119.6 511.2
Basic earnings per common share 1.33 1.67 1.62 1.41 6.03
Diluted earnings per common share 1.31 1.64 1.59 1.37 5.91
LABORATORY CORPORATION OF AMERICA HOLDINGS AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Dollars and shares in millions, except per share data)