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Condensed Financial Information of Registrant
12 Months Ended
Dec. 31, 2012
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Condensed Financial Information of Registrant
VCA Antech, Inc. and Subsidiaries
Schedule I — Condensed Financial Information of Registrant
VCA Antech, Inc. (Parent Company)
Condensed Balance Sheets
(In thousands)
 
 
December 31,
 
 
2012
 
2011
Assets:
 
 
 
 
Investment in subsidiaries
 
$
1,078,606

 
$
1,031,626

Intercompany receivable
 
104,897

 
76,252

Total assets
 
$
1,183,503

 
$
1,107,878

Stockholders’ equity:
 
 
 
 
Common stock
 
$
88

 
$
87

Additional paid-in capital
 
390,359

 
361,715

Retained earnings
 
791,209

 
745,658

Accumulated other comprehensive income
 
1,847

 
418

Total stockholders’ equity
 
$
1,183,503

 
$
1,107,878




































The accompanying notes are an integral part of these condensed financial statements.
See accompanying Report of Independent Registered Public Accounting Firm.
VCA Antech, Inc. and Subsidiaries
Schedule I — Condensed Financial Information of Registrant — (Continued)
 
VCA Antech, Inc. (Parent Company)
Condensed Statements of Income
(In thousands)
 
 
For the Years Ended December 31,
 
 
2012
 
2011
 
2010
Revenue
 
$

 
$

 
$

Direct costs
 

 

 

Gross profit
 

 

 

Selling, general and administrative expense
 

 

 

Loss on sale of assets
 

 

 

Operating income
 

 

 

Interest income, net
 

 

 

Equity interest in income of subsidiaries
 
45,551

 
95,405

 
110,243

Income before provision for income taxes
 
45,551

 
95,405

 
110,243

Provision for income taxes
 

 

 

Net income
 
45,551

 
95,405

 
110,243

Net income attributable to noncontrolling interests
 

 

 

Net income attributable to VCA Antech, Inc
 
$
45,551

 
$
95,405

 
$
110,243


































The accompanying notes are an integral part of these condensed financial statements.
See accompanying Report of Independent Registered Public Accounting Firm.
VCA Antech, Inc. and Subsidiaries
Schedule I — Condensed Financial Information of Registrant — (Continued)
 
VCA Antech, Inc. (Parent Company)
Condensed Statements of Cash Flows
(In thousands)
 
 
For the Years Ended December 31,
 
 
2012
 
2011
 
2010
Cash flows from operating activities:
 
 
 
 
 
 
Net income
 
$
45,551

 
$
95,405

 
$
110,243

Adjustments to reconcile net income to net cash used in operating activities:
 
 
 
 
 
 
Equity interest in earnings of subsidiaries
 
(45,551
)
 
(95,405
)
 
(110,243
)
Increase in intercompany receivable
 

 
(3,999
)
 
(5,510
)
Net cash used in operating activities
 

 
(3,999
)
 
(5,510
)
Cash flows provided by investing activities:
 
 
 
 
 
 
Other
 
(9,533
)
 

 

Net cash provided by investing activities
 
(9,533
)
 

 

Cash flows provided by financing activities:
 
 
 
 
 
 
Proceeds from issuance of common stock under stock option plans
 
9,533

 
3,999

 
5,510

Net cash provided by financing activities
 
9,533

 
3,999

 
5,510

Increase (decrease) in cash and cash equivalents
 

 

 

Cash and cash equivalents at beginning of year
 

 

 

Cash and cash equivalents at end of year
 
$

 
$

 
$






























The accompanying notes are an integral part of these condensed financial statements.
See accompanying Report of Independent Registered Public Accounting Firm.
VCA Antech, Inc. and Subsidiaries
Schedule I — Condensed Financial Information of Registrant — (Continued)
 
VCA Antech, Inc. (Parent Company)
Notes to Condensed Financial Statements