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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2011
Selected Quarterly Financial Data (Unaudited) [Abstract]  
Unaudited quarterly results
                                                                 
    2011 Quarter Ended     2010 Quarter Ended  
    Dec. 31(1)     Sep. 30(2)     Jun. 30     Mar. 31     Dec. 31     Sep. 30(3)     Jun. 30(4)     Mar. 31  

Revenue

  $ 368,998     $ 385,135     $ 376,105     $ 355,123     $ 338,112     $ 358,703     $ 353,919     $ 330,734  

Gross profit

  $ 71,710     $ 90,137     $ 96,832     $ 79,778     $ 69,586     $ 85,299     $ 93,484     $ 82,795  

Operating income

  $ 14,197     $ 57,841     $ 70,109     $ 53,506     $ 40,124     $ 58,042     $ 52,453     $ 56,630  

Net income

  $ (2,060   $ 31,359     $ 40,065     $ 30,496     $ 22,122     $ 28,587     $ 30,517     $ 32,932  

Net income attributable to VCA Antech, Inc

  $ (3,215   $ 30,169     $ 39,612     $ 28,839     $ 21,473     $ 27,431     $ 29,404     $ 31,935  

Basic earnings per common share

  $ (0.04   $ 0.35     $ 0.46     $ 0.33     $ 0.25     $ 0.32     $ 0.34     $ 0.37  

Diluted earnings per common share

  $ (0.04   $ 0.35     $ 0.45     $ 0.33     $ 0.25     $ 0.32     $ 0.34     $ 0.37  

 

 

(1) Included in fourth quarter operating income is a $21.3 million non-cash goodwill impairment charge, or $0.25 per diluted share, related to our medical technology business.

 

(2) Included in third quarter net income is $2.8 million, or $0.02 per diluted share, related to costs incurred in conjunction with the refinance of our senior credit facility, see Note 6, Long-Term Obligations.

 

(3) Included in third quarter net income is $2.6 million, or $0.02 per diluted share, related to costs incurred in conjunction with the refinance of our senior credit facility, see Note 6, Long-Term Obligations. The third quarter net income also included tax expense of $3.5 million, or $0.04 per diluted share related to settlement of taxes on 2004 through 2007 taxable income.

 

(4) Included in second quarter operating income is $14.5 million in consulting and SERP expenses to be paid in accordance with consulting and SERP agreements entered into on June 30, 2010.