Covance Reports Second Quarter Revenue of $475M and EPS of $0.49; Updates Full-Year Financial Targets(9)
添加时间:2010-08-02 原文发表:2010-08-02 人气:58
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of business:
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Income before taxes and equity investee
earnings $93,602 $115,068
Taxes on income $23,469 $32,171
Net income $70,806 $82,859
Basic earnings per share $1.11 $1.30
Diluted earnings per share $1.09 $1.29
COVANCE INC.
CONSOLIDATED BALANCE SHEETS
JUNE 30, 2010 and DECEMBER 31, 2009
(Dollars in thousands)
June 30 December 31
2010 2009
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(UNAUDITED)
ASSETS
Current Assets:
Cash & cash equivalents $290,845 $289,469
Accounts receivable, net 281,106 285,119
Unbilled services 114,109 97,279
Inventory 77,624 80,926
Deferred income taxes 34,706 31,512