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Condensed, Consolidated Income Statements (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenue $ 438,372 $ 376,105 $ 847,837 $ 731,228
Direct costs 337,765 279,273 653,851 554,618
Gross profit 100,607 96,832 193,986 176,610
Selling, general and administrative expense 38,997 26,663 78,048 52,846
Net (gain) loss on sale of assets 112 60 635 149
Operating income 61,498 70,109 115,303 123,615
Interest expense, net 4,364 4,575 8,451 8,594
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain 0 0 (5,719) 0
Other expense (income) (148) (67) (355) (9)
Income before provision for income taxes 57,282 65,601 112,926 115,030
Provision for income taxes 21,504 25,536 40,827 44,469
Net income 35,778 40,065 72,099 70,561
Net income attributable to noncontrolling interests 1,458 453 2,534 2,110
Net income attributable to VCA Antech, Inc. $ 34,320 $ 39,612 $ 69,565 $ 68,451
Basic earnings per share $ 0.39 $ 0.46 $ 0.80 $ 0.79
Diluted earnings per share $ 0.39 $ 0.45 $ 0.79 $ 0.78
Weighted-average shares outstanding for basic earnings per share 87,589 86,535 87,443 86,445
Weighted-average shares outstanding for diluted earnings per share 88,723 87,304 88,555 87,303