XML 15 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
CONSOLIDATED STATEMENTS OF INCOME        
Net revenues $ 592,298 $ 542,782 $ 1,172,497 $ 1,073,623
Reimbursable out-of-pocket expenses 51,678 42,263 105,814 85,330
Total revenues 643,976 585,045 1,278,311 1,158,953
Costs and expenses:        
Cost of revenue (excluding depreciation and amortization) 419,115 408,198 830,459 784,658
Reimbursable out-of-pocket expenses 51,678 42,263 105,814 85,330
Selling, general and administrative (excluding depreciation and amortization) 90,177 90,601 179,396 171,630
Depreciation and amortization 31,496 29,953 62,881 57,183
Goodwill impairment charge 0 17,959 0 17,959
Total costs and expenses 592,466 588,974 1,178,550 1,116,760
Income (loss) from operations 51,510 (3,929) 99,761 42,193
Other (income) expense, net:        
Interest income (513) (526) (1,139) (1,038)
Interest expense 1,517 1,466 3,014 2,471
Foreign exchange transaction loss, net 694 792 1,029 1,020
Gain on sale of investments (707) 0 (16,400) 0
Impairment of equity investment 0 7,373 0 7,373
Loss on sale of business 0 169 0 169
Other (income) expense, net 991 9,274 (13,496) 9,995
Income (loss) before taxes and equity investee earnings 50,519 (13,203) 113,257 32,198
Tax expense (benefit) 9,525 (607) 24,097 9,200
Equity investee (loss) earnings 0 (81) 0 17
Net income (loss) $ 40,994 $ (12,677) $ 89,160 $ 23,015
Basic earnings (loss) per share $ 0.75 $ (0.23) $ 1.64 $ 0.41
Weighted average shares outstanding - basic 54,662,093 54,184,966 54,434,563 55,965,410
Diluted earnings (loss) per share $ 0.72 $ (0.23) $ 1.58 $ 0.40
Weighted average shares outstanding - diluted 56,880,115 54,184,966 56,598,936 57,456,154