Covance Inc. · Princeton, NJ United States (NYSE: CVD)
Key Covance Inc. Financials
| Company Type | Public -(NYSE: CVD) Headquarters |
|---|---|
| Fiscal Year-End | December |
| 2011 Sales (mil.) | $2,236.4 |
| 2010 Employees | 10,528 |
Covance Inc. Stock Quote (NYSE: CVD)
| Latest 02/15/12 14:27:48 EST | Change ($) | Change (%) | High | Low |
|---|---|---|---|---|
| $47.55 |  -0.130 | -0.270 | $48.17 | $46.89 |
Quotes delayed 15 minutes for NASDAQ, 20 minues for NYSE and AMEX. Market Data provided by Interactive Data. Powered and Implemented by Interactive Data Managed Solutions. |
Covance Inc. Income Statement
| Dec 11 | Dec 10 | Dec 09 | |
| Revenue | 2,236.4 | 2,038.5 | 1,962.6 |
| Cost of Goods Sold | 1,607.6 | 1,348.5 | 1,277.1 |
| Gross Profit | 628.9 | 690.0 | 685.5 |
| Gross Profit Margin | 28.1% | 33.8% | 34.9% |
| SG&A Expense | 343.0 | 420.2 | 365.6 |
| Depreciation & Amortization | 105.2 | 103.0 | 91.3 |
| Operating Income | 180.6 | 47.5 | 228.6 |
| Operating Margin | 8.1% | 2.3% | 11.6% |
| Nonoperating Income | (13.4) | (3.6) | 9.4 |
| Nonoperating Expenses | (2.0) | (0.1) | (0.2) |
| Income Before Taxes | 165.3 | 43.8 | 237.8 |
| Income Taxes | 33.6 | (23.7) | 62.9 |
| Net Income After Taxes | 131.7 | 67.4 | 175.0 |
| Continuing Operations | 132.2 | 68.3 | 175.9 |
| Discontinued Operations | -- | -- | -- |
| Total Operations | 132.2 | 68.3 | 175.9 |
| Total Net Income | 132.2 | 68.3 | 175.9 |
| Net Profit Margin | 5.9% | 3.3% | 9% |
| Diluted EPS from Total Net Income | 2.16 | 1.06 | 2.73 |
| Dividends per Share | -- | -- | -- |
All amounts in millions of US Dollars except per share amounts.
Covance Inc. Balance Sheet
| Assets | Dec 11 | Dec 10 | Dec 09 |
| Current Assets | |||
| Cash | 389.1 | 377.2 | 289.5 |
| Net Receivables | 426.2 | 351.9 | 382.4 |
| Inventories | 74.7 | 82.9 | 80.9 |
| Other Current Assets | 196.9 | 133.8 | 124.9 |
| Total Current Assets | 1,086.9 | 945.8 | 877.7 |
| Net Fixed Assets | 849.6 | 844.0 | 922.0 |
| Other Noncurrent Assets | 171.5 | 175.7 | 175.3 |
| Total Assets | 2,108.0 | 1,965.5 | 1,974.9 |
| Liabilities | Dec 11 | Dec 10 | Dec 09 |
| Current Liabilities | |||
| Accounts Payable | 36.4 | 34.1 | 36.8 |
| Short-Term Debt | 30.0 | 45.0 | 0.0 |
| Other Current Liabilities | 470.6 | 420.1 | 365.9 |
| Total Current Liabilities | 537.0 | 499.2 | 402.7 |
| Long-Term Debt | 0.0 | 87.5 | -- |
| Other Noncurrent Liabilities | 113.2 | 99.0 | 161.2 |
| Total Liabilities | 650.2 | 685.7 | 563.9 |
| Shareholder's Equity | |||
| Preferred Stock Equity | -- | 0.0 | 0.0 |
| Common Stock Equity | 1,457.8 | 1,279.8 | 1,411.0 |
| Total Equity | 1,457.8 | 1,279.8 | 1,411.0 |
| Shares Outstanding (thou.) | 60,758.8 | 60,265.5 | 64,105.6 |
All amounts in millions of US Dollars except per share amounts.
Covance Inc. Cash Flow Statement
| Dec 11 | Dec 10 | Dec 09 | |
| Net Operating Cash Flow | 243 | 334 | 259 |
| Net Investing Cash Flow | (134.9) | (147.2) | (148.8) |
| Net Financing Cash Flow | (102.0) | (105.0) | (49.6) |
| Net Change in Cash | 11.9 | 87.8 | 68.1 |
| Depreciation & Amortization | 105.2 | 103.0 | 91.3 |
| Capital Expenditures | (134.6) | (126.3) | (131.1) |
| Cash Dividends Paid |
All amounts in millions of US Dollars except per share amounts.