Unaudited Quarterly Results of Operations |
The following table summarizes the Company’s unaudited
quarterly results of operations (in thousands, except per share
data):
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2014 |
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First Quarter |
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Second Quarter |
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Third Quarter |
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Fourth Quarter |
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Service revenues
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$ |
1,005,288 |
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$ |
1,035,476 |
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$ |
1,061,013 |
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$ |
1,064,045 |
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Income from operations
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|
141,316 |
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|
141,000 |
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|
149,142 |
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|
158,932 |
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Net income
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90,214 |
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|
85,110 |
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|
92,733 |
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|
88,444 |
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Net (income) loss attributable to noncontrolling interests
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(31 |
) |
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|
10 |
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(79 |
) |
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(18 |
) |
Net income attributable to Quintiles Transnational Holdings Inc
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$ |
90,183 |
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$ |
85,120 |
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$ |
92,654 |
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$ |
88,426 |
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Basic earnings per share (1)
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$ |
0.69 |
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$ |
0.66 |
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$ |
0.73 |
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$ |
0.70 |
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Diluted earnings per share (1)
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$ |
0.68 |
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$ |
0.64 |
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$ |
0.71 |
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$ |
0.69 |
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2013 |
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First Quarter |
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Second Quarter |
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Third Quarter |
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Fourth Quarter |
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Service revenues
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$ |
927,435 |
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$ |
944,238 |
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$ |
932,727 |
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$ |
1,003,940 |
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Income from operations
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|
115,165 |
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|
94,897 |
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|
125,259 |
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|
127,012 |
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Net income
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48,156 |
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|
38,353 |
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|
66,584 |
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|
72,934 |
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Net loss attributable to noncontrolling interests
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|
153 |
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|
164 |
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|
185 |
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|
62 |
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Net income attributable to Quintiles Transnational Holdings Inc
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$ |
48,309 |
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$ |
38,517 |
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$ |
66,769 |
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$ |
72,996 |
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Basic earnings per share (1)
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$ |
0.42 |
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$ |
0.31 |
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$ |
0.52 |
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$ |
0.57 |
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Diluted earnings per share (1)
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$ |
0.41 |
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$ |
0.30 |
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$ |
0.50 |
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$ |
0.55 |
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(1) |
The sum of the quarterly per share
amounts may not equal per share amounts reported for year-to-date
periods. This is due to changes in the number of weighted average
shares outstanding and the effects of rounding for each
period. |
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