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Condensed Financial Information of Registrant
12 Months Ended
Dec. 31, 2012
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Condensed Financial Information of Registrant
VCA Antech, Inc. and Subsidiaries
Schedule I — Condensed Financial Information of Registrant
VCA Antech, Inc. (Parent Company)
Condensed Balance Sheets
(In thousands)
 
 
December 31,
 
 
2012
 
2011
Assets:
 
 
 
 
Investment in subsidiaries
 
$
1,078,606

 
$
1,031,626

Intercompany receivable
 
104,897

 
76,252

Total assets
 
$
1,183,503

 
$
1,107,878

Stockholders’ equity:
 
 
 
 
Common stock
 
$
88

 
$
87

Additional paid-in capital
 
390,359

 
361,715

Retained earnings
 
791,209

 
745,658

Accumulated other comprehensive income
 
1,847

 
418

Total stockholders’ equity
 
$
1,183,503

 
$
1,107,878




































The accompanying notes are an integral part of these condensed financial statements.
See accompanying Report of Independent Registered Public Accounting Firm.
VCA Antech, Inc. and Subsidiaries
Schedule I — Condensed Financial Information of Registrant — (Continued)
 
VCA Antech, Inc. (Parent Company)
Condensed Statements of Income
(In thousands)
 
 
For the Years Ended December 31,
 
 
2012
 
2011
 
2010
Revenue
 
$
—

 
$
—

 
$
—

Direct costs
 
—

 
—

 
—

Gross profit
 
—

 
—

 
—

Selling, general and administrative expense
 
—

 
—

 
—

Loss on sale of assets
 
—

 
—

 
—

Operating income
 
—

 
—

 
—

Interest income, net
 
—

 
—

 
—

Equity interest in income of subsidiaries
 
45,551

 
95,405

 
110,243

Income before provision for income taxes
 
45,551

 
95,405

 
110,243

Provision for income taxes
 
—

 
—

 
—

Net income
 
45,551

 
95,405

 
110,243

Net income attributable to noncontrolling interests
 
—

 
—

 
—

Net income attributable to VCA Antech, Inc
 
$
45,551

 
$
95,405

 
$
110,243


































The accompanying notes are an integral part of these condensed financial statements.
See accompanying Report of Independent Registered Public Accounting Firm.
VCA Antech, Inc. and Subsidiaries
Schedule I — Condensed Financial Information of Registrant — (Continued)
 
VCA Antech, Inc. (Parent Company)
Condensed Statements of Cash Flows
(In thousands)
 
 
For the Years Ended December 31,
 
 
2012
 
2011
 
2010
Cash flows from operating activities:
 
 
 
 
 
 
Net income
 
$
45,551

 
$
95,405

 
$
110,243

Adjustments to reconcile net income to net cash used in operating activities:
 
 
 
 
 
 
Equity interest in earnings of subsidiaries
 
(45,551
)
 
(95,405
)
 
(110,243
)
Increase in intercompany receivable
 
—

 
(3,999
)
 
(5,510
)
Net cash used in operating activities
 
—

 
(3,999
)
 
(5,510
)
Cash flows provided by investing activities:
 
 
 
 
 
 
Other
 
(9,533
)
 
—

 
—

Net cash provided by investing activities
 
(9,533
)
 
—

 
—

Cash flows provided by financing activities:
 
 
 
 
 
 
Proceeds from issuance of common stock under stock option plans
 
9,533

 
3,999

 
5,510

Net cash provided by financing activities
 
9,533

 
3,999

 
5,510

Increase (decrease) in cash and cash equivalents
 
—

 
—

 
—

Cash and cash equivalents at beginning of year
 
—

 
—

 
—

Cash and cash equivalents at end of year
 
$
—

 
$
—

 
$
—






























The accompanying notes are an integral part of these condensed financial statements.
See accompanying Report of Independent Registered Public Accounting Firm.
VCA Antech, Inc. and Subsidiaries
Schedule I — Condensed Financial Information of Registrant — (Continued)
 
VCA Antech, Inc. (Parent Company)
Notes to Condensed Financial Statements