XML 17 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Operating revenues $ 405,542 $ 409,760 $ 1,229,683 $ 1,157,222
Cost of services (excluding depreciation and amortization shown below) 213,789 213,008 651,150 616,397
Selling, General and Administrative Expense 90,042 102,333 283,523 273,220
Depreciation and amortization 29,695 33,037 99,333 93,434
Total operating expenses 333,526 348,378 1,034,006 983,051
Income from continuing operations 72,016 61,382 195,677 174,171
Interest expense:        
Interest income 1,040 800 2,495 2,262
Interest expense 12,552 13,525 37,365 42,463
Total interest expense, net (11,512) (12,725) (34,870) (40,201)
Gain/(loss) on investments and other, net 7,627 (4,254) 10,825 (3,865)
Income from continuing operations before equity in earnings of affiliates and income taxes 68,131 44,403 171,632 130,105
Provision for income taxes 23,848 16,406 66,423 53,222
Income from continuing operations before equity in earnings of affiliates 44,283 27,997 105,209 76,883
Equity in earnings of affiliates, net of tax 5,716 8,166 23,848 29,381
Net income from continuing operations 49,999 36,163 129,057 106,264
Loss from discontinued operations, net of tax (1,240) (10,157) (3,205) (18,142)
Less: (Loss)/gain from sale of discontinued operations, net of tax (5,052) 12,264 (5,052) 9,277
Net income/(loss) 43,707 38,270 120,800 97,399
Less: Net income/(loss) attributable to noncontrolling interests 45 (50) 19 (209)
Net income attributable to CoreLogic 43,662 38,320 120,781 97,608
Amounts attributable to Corelogic stockholders:        
Net income/(loss) from continuing operations 49,954 36,213 129,038 106,473
Loss from discontinued operations, net of tax (1,240) (10,157) (3,205) (18,142)
Net income/(loss) attributable to CoreLogic $ 43,662 $ 38,320 $ 120,781 $ 97,608
Basic income/(loss) per share:        
Net income/(loss) from continuing operations $ 0.53 $ 0.36 $ 1.35 $ 1.02
Loss from discontinued operations, net of tax $ (0.01) $ (0.10) $ (0.03) $ (0.17)
Gain from sale of discontinued operations, net of tax $ (0.05) $ 0.12 $ (0.05) $ 0.09
Net income/(loss) attributable to Corelogic $ 0.47 $ 0.38 $ 1.27 $ 0.94
Diluted income/(loss) per share:        
Net income/(loss) from continuing operations $ 0.52 $ 0.35 $ 1.32 $ 1.01
Loss from discontinued operations, net of tax $ (0.01) $ (0.10) $ (0.03) $ (0.17)
Gain from sale of discontinued operations, net of tax $ (0.05) $ 0.12 $ (0.05) $ 0.09
Net income/(loss) attributable to Corelogic $ 0.46 $ 0.37 $ 1.24 $ 0.93
Weighted-average common shares outstanding:        
Basic 94,773 101,650 95,802 104,713
Diluted 96,793 103,113 97,672 105,686