Unaudited Quarterly Financial Data

12 Months Ended

Dec. 31, 2011

Quarterly Financial Information Disclosure [Abstract]

Unaudited Quarterly Financial Data

Unaudited Quarterly Financial Data.

The following table sets forth certain unaudited quarterly financial data of CoreLogic for years ended 2011 and 2010. As of September 30, 2011, we closed our marketing services business (LeadClick) and concluded we would actively pursue the sale of our consumer services (Consumer Credit Monitoring Services), transportation services (comprised of our American Driving Records and CompuNet Credit Services business units) and our wholly-owned appraisal management services businesses; accordingly we reclassified the results of operations from these businesses to discontinued operations in the statements of operations. In 2010 we decided to sell our employer and litigation services businesses and likewise reclassified its results of operations to discontinued operations.

As discussed in Note 2, we have revised certain prior periods to correct errors. See (1) below for the impact of these corrections on our quarterly financial data.

	For the quarters ended
(in thousands, except per share amounts)	3/31/2011		6/30/2011			9/30/2011			12/31/2011
Operating revenue	$	316,282	$	328,421		$	348,446		$	345,398
Income from continuing operations	$	26,576	$	18,833		$	27,840		$	15,436
Equity in earnings of affiliates, net of tax	$	6,334	$	5,719		$	8,340		$	9,877
Net income/(loss) from continuing operations attributable to CoreLogic stockholders	$	21,605	$	40,041		$	(2,970	)	$	(6,161	)
Income/(loss) from discontinued operations attributable to CoreLogic stockholders, net of tax (1)	1,651		(8,556		)	(104,220		)	(15,999		)
Loss on sale of discontinued operations, net of tax	—		—			—			—
Net income/(loss) attributable to CoreLogic stockholders	$	23,256	$	31,485		$	(107,190	)	$	(22,160	)
Per share amounts
Basic:
Income/(loss) from continuing operations attributable to CoreLogic stockholders	$	0.19	$	0.37		$	(0.03	)	$	(0.06	)
Income/(loss) from discontinued operations attributable to CoreLogic stockholders, net of tax (1)	0.01		(0.08		)	(0.98		)	(0.15		)
Loss on sale of discontinued operations, net of tax	—		—			—			—
Net income/(loss) attributable to CoreLogic stockholders	$	0.20	$	0.29		$	(1.01	)	$	(0.21	)
Diluted:
Income/(loss) from continuing operations attributable to CoreLogic stockholders	$	0.19	$	0.37		$	(0.03	)	$	(0.06	)
Income/(loss) from discontinued operations attributable to CoreLogic stockholders, net of tax (1)	0.01		(0.08		)	(0.98		)	(0.15		)
Loss on sale of discontinued operations, net of tax	—		—			—			—
Net income/(loss) attributable to CoreLogic stockholders (1)	$	0.20	$	0.29		$	(1.01	)	$	(0.21	)
Weighted-average common shares outstanding:
Basic	115,545		108,018			106,414			106,508
Diluted	116,306		108,641			106,414			106,508

(1) Amounts for the quarter ended June 30, 2011, have been revised to reflect financial statement revisions net of tax of $1.8 million of income, which impacted earnings per share by $0.02 per share on both a basic and diluted basis in the second quarter of 2011.

	For the quarters ended
(in thousands, except per share amounts)	3/31/2010		6/30/2010			9/30/2010			12/31/2010
Operating revenue	$	308,756	$	326,007		$	330,146		$	315,367
Income from continuing operations	$	13,168	$	21,624		$	45,692		$	33,199
Equity in earnings of affiliates, net of tax	$	7,523	$	8,562		$	13,507		$	12,049
Net income/(loss) from continuing operations attributable to CoreLogic stockholders	$	7,630	$	(2,594	)	$	49,064		$	(7,879	)
Income/(loss) from discontinued operations attributable to CoreLogic stockholders, net of tax (1)	21,787		27,004			(142,479		)	10,152
Loss on sale of discontinued operations, net of tax	—		—			—			(18,985		)
Net income/(loss) attributable to CoreLogic stockholders	$	29,417	$	24,410		$	(93,415	)	$	(16,712	)
Per share amounts
Basic:
Income/(loss) from continuing operations attributable to CoreLogic stockholders	$	0.07	$	(0.02	)	$	0.42		$	(0.07	)
Income/(loss) from discontinued operations attributable to CoreLogic stockholders, net of tax (1)	0.21		0.25			(1.22		)	0.09
Loss on sale of discontinued operations, net of tax	—		—			—			(0.16		)
Net income attributable to CoreLogic stockholders	$	0.28	$	0.23		$	(0.80	)	$	(0.14	)
Diluted:
Income/(loss) from continuing operations attributable to CoreLogic stockholders	$	0.07	$	(0.02	)	$	0.42		$	(0.07	)
Income/(loss) from discontinued operations attributable to CoreLogic stockholders, net of tax (1)	0.21		0.25			(1.21		)	0.09
Loss on sale of discontinued operations, net of tax	—		—			—			(0.16		)
Net income attributable to CoreLogic stockholders (1)	$	0.28	$	0.23		$	(0.79	)	$	(0.14	)
Weighted-average common shares outstanding:
Basic	103,474		108,936			116,991			116,344
Diluted	104,752		108,936			117,829			116,344

(1) Amounts for the quarter ended June 30, 2010, have been revised to reflect financial statement revisions net of tax of $2.8 million of income, which impacted earnings per share by $0.02 per share on both a basic and diluted basis in the second quarter of 2010.