XML 62 R53.htm IDEA: XBRL DOCUMENT  v2.3.0.11
SUMMARIZED FINANCIAL INFORMATION (Condensed Consolidating Statement of Operations) (Details) (USD $)
In Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Net revenues $ 1,903,201 $ 1,874,727 $ 3,724,778 $ 3,680,230
Cost of services 1,104,394 1,078,971 2,201,392 2,145,344
Selling, general and administrative 462,789 419,412 910,647 850,145
Amortization of intangible assets 18,592 9,270 28,441 18,629
Royalty (income) expense        
Other operating expense, net 572 1,180 236,484 1,656
Total operating costs and expenses 1,586,347 1,508,833 3,376,964 3,015,774
Operating income (loss) 316,854 365,894 347,814 664,456
Non-operating expenses, net (39,058) (36,101) (67,080) (58,080)
Income (loss) from continuing operations before taxes 277,796 329,793 280,734 606,376
Income tax expense 105,762 125,651 154,988 231,029
Income from continuing operations 172,034 204,142 125,746 375,347
Loss from discontinued operations, net of taxes (507) (266) (881) (318)
Equity earnings from subsidiaries        
Net income 171,527 203,876 124,865 375,029
Less: Net income attributable to noncontrolling interests 8,384 9,261 15,583 17,966
Net income attributable to Quest Diagnostics 163,143 194,615 109,282 357,063
Parent [Member]
       
Net revenues 203,321 218,419 401,810 429,640
Cost of services 121,342 129,236 244,933 251,823
Selling, general and administrative 35,526 21,273 73,962 44,351
Amortization of intangible assets 543 18 706 35
Royalty (income) expense (104,418) (105,316) (206,774) (206,808)
Other operating expense, net 28 (1,346) 236,306 (321)
Total operating costs and expenses 53,021 43,865 349,133 89,080
Operating income (loss) 150,300 174,554 52,677 340,560
Non-operating expenses, net (45,706) (39,974) (84,126) (70,533)
Income (loss) from continuing operations before taxes 104,594 134,580 (31,449) 270,027
Income tax expense 40,382 52,577 36,768 104,062
Income from continuing operations 64,212 82,003 (68,217) 165,965
Loss from discontinued operations, net of taxes        
Equity earnings from subsidiaries 98,931 112,612 177,499 191,098
Net income 163,143 194,615 109,282 357,063
Less: Net income attributable to noncontrolling interests        
Net income attributable to Quest Diagnostics 163,143 194,615 109,282 357,063
Subsidiary Guarantors [Member]
       
Net revenues 1,577,305 1,540,722 3,080,649 3,023,312
Cost of services 909,681 886,783 1,817,071 1,766,570
Selling, general and administrative 342,577 312,465 654,306 626,583
Amortization of intangible assets 16,048 7,601 24,197 15,232
Royalty (income) expense 104,418 105,316 206,774 206,808
Other operating expense, net 585 233 371 466
Total operating costs and expenses 1,373,309 1,312,398 2,702,719 2,615,659
Operating income (loss) 203,996 228,324 377,930 407,653
Non-operating expenses, net (53,301) (54,940) (110,455) (121,385)
Income (loss) from continuing operations before taxes 150,695 173,384 267,475 286,268
Income tax expense 59,578 67,331 105,743 113,078
Income from continuing operations 91,117 106,053 161,732 173,190
Loss from discontinued operations, net of taxes (507) (266) (881) (318)
Equity earnings from subsidiaries        
Net income 90,610 105,787 160,851 172,872
Less: Net income attributable to noncontrolling interests        
Net income attributable to Quest Diagnostics 90,610 105,787 160,851 172,872
Non-Guarantor Subsidiaries [Member]
       
Net revenues 189,592 181,373 380,879 373,709
Cost of services 73,371 62,952 139,388 126,951
Selling, general and administrative 92,150 93,236 197,203 194,104
Amortization of intangible assets 2,001 1,651 3,538 3,362
Royalty (income) expense        
Other operating expense, net (41) 2,293 (193) 1,511
Total operating costs and expenses 167,481 160,132 339,936 325,928
Operating income (loss) 22,111 21,241 40,943 47,781
Non-operating expenses, net 396 588 3,765 2,300
Income (loss) from continuing operations before taxes 22,507 21,829 44,708 50,081
Income tax expense 5,802 5,743 12,477 13,889
Income from continuing operations 16,705 16,086 32,231 36,192
Loss from discontinued operations, net of taxes        
Equity earnings from subsidiaries        
Net income 16,705 16,086 32,231 36,192
Less: Net income attributable to noncontrolling interests 8,384 9,261 15,583 17,966
Net income attributable to Quest Diagnostics 8,321 6,825 16,648 18,226
Eliminations [Member]
       
Net revenues (67,017) (65,787) (138,560) (146,431)
Cost of services        
Selling, general and administrative (7,464) (7,562) (14,824) (14,893)
Amortization of intangible assets        
Royalty (income) expense        
Other operating expense, net        
Total operating costs and expenses (7,464) (7,562) (14,824) (14,893)
Operating income (loss) (59,553) (58,225) (123,736) (131,538)
Non-operating expenses, net 59,553 58,225 123,736 131,538
Income (loss) from continuing operations before taxes        
Income tax expense        
Income from continuing operations        
Loss from discontinued operations, net of taxes        
Equity earnings from subsidiaries (98,931) (112,612) (177,499) (191,098)
Net income (98,931) (112,612) (177,499) (191,098)
Less: Net income attributable to noncontrolling interests        
Net income attributable to Quest Diagnostics $ (98,931) $ (112,612) $ (177,499) $ (191,098)