QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2012

QUARTERLY FINANCIAL DATA (UNAUDITED)

NOTE 22 QUARTERLY FINANCIAL DATA (UNAUDITED)

	Three Months Ended
(amounts in millions, except EPS)	March 31		June 30		September 30		December 31
2012
Revenue	$	646.8	$	640.8	$	688.5	$	754.2
Operating Income	$	269.0	$	278.5	$	269.7	$	260.2
Net income attributable to Moody’s	$	173.5	$	172.5	$	183.9	$	160.1
EPS:
Basic	$	0.78	$	0.77	$	0.83	$	0.72
Diluted	$	0.76	$	0.76	$	0.81	$	0.70
2011
Revenue	$	577.1	$	605.2	$	531.3	$	567.1
Operating income	$	250.1	$	270.1	$	196.1	$	172.1
Net income attributable to Moody’s	$	155.5	$	189.0	$	130.7	$	96.2
EPS:
Basic	$	0.68	$	0.83	$	0.58	$	0.43
Diluted	$	0.67	$	0.82	$	0.57	$	0.43

Basic and diluted EPS are computed for each of the periods presented. The number of weighted average shares outstanding changes as common shares are issued pursuant to employee stock plans and for other purposes or as shares are repurchased. Therefore, the sum of basic and diluted EPS for each of the four quarters may not equal the full year basic and diluted EPS.

There was a $12.2 million non-tax deductible goodwill impairment charge in the fourth quarter of 2012 relating to the Company’s FTSC reporting unit. Additionally, the quarterly financial data includes a $12.8 million and $7.0 million benefit to net income related to the resolution of Legacy Tax Matters for the three months ended September 30, 2012 and June 30, 2011, respectively. Also, there was a tax benefit of approximately $14 million during the three months ended June 30, 2011 resulting from a foreign tax ruling and a tax benefit of approximately $7 million in the three months ended September 30, 2011 resulting from the settlement of state tax audits.