COVANCE INC: 10-Q filed 2010-04-30
What COVANCE INC reported in its quarterly report filed 2010-04-30 (fiscal Q1 2010): 34 published measures, 70 facts as tagged in accession 0001104659-10-023774.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2010-04-30
- Fiscal period
- fiscal Q1 2010
- Accession
- 0001104659-10-023774 on SEC EDGAR
Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All COVANCE INC filings.
Reported measures
Total assets
Resources recognized on the balance sheet. Book assets are not the market value of the business.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-03-31 | 1,954,287,000 | USD | |
| At 2009-12-31 | 1,974,944,000 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-03-31 | 519,077,000 | USD | |
| At 2009-12-31 | 563,940,000 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-03-31 | 1,435,210,000 | USD | |
| At 2009-12-31 | 1,411,004,000 | USD |
Cash and cash equivalents
Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-03-31 | 268,410,000 | USD | |
| At 2009-12-31 | 289,469,000 | USD | |
| At 2009-03-31 | 190,182,000 | USD | |
| At 2008-12-31 | 221,334,000 | USD |
Net income or loss
Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-01-01 to 2010-03-31 | 39,141,000 | USD | 90 |
| 2009-01-01 to 2009-03-31 | 40,295,000 | USD | 90 |
Operating cash flow
Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-01-01 to 2010-03-31 | 20,400,000 | USD | 90 |
| 2009-01-01 to 2009-03-31 | 9,229,000 | USD | 90 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-01-01 to 2010-03-31 | 505,019,000 | USD | 90 |
| 2009-01-01 to 2009-03-31 | 468,457,000 | USD | 90 |
Financing cash flow
Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-01-01 to 2010-03-31 | 35,000 | USD | 90 |
| 2009-01-01 to 2009-03-31 | 25,494,000 | USD | 90 |
Investing cash flow
Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-01-01 to 2010-03-31 | -30,346,000 | USD | 90 |
| 2009-01-01 to 2009-03-31 | -58,910,000 | USD | 90 |
Retained earnings or deficit
Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-03-31 | 1,344,592,000 | USD | |
| At 2009-12-31 | 1,305,451,000 | USD |
Basic weighted-average shares
Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-01-01 to 2010-03-31 | 63,443,698 | shares | 90 |
| 2009-01-01 to 2009-03-31 | 63,586,418 | shares | 90 |
Diluted weighted-average shares
Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-01-01 to 2010-03-31 | 64,933,313 | shares | 90 |
| 2009-01-01 to 2009-03-31 | 63,941,413 | shares | 90 |
Basic earnings per share
Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-01-01 to 2010-03-31 | 0.62 | USD/shares | 90 |
| 2009-01-01 to 2009-03-31 | 0.63 | USD/shares | 90 |
Diluted earnings per share
Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-01-01 to 2010-03-31 | 0.6 | USD/shares | 90 |
| 2009-01-01 to 2009-03-31 | 0.63 | USD/shares | 90 |
Income tax expense or benefit
Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-01-01 to 2010-03-31 | 13,054,000 | USD | 90 |
| 2009-01-01 to 2009-03-31 | 16,349,000 | USD | 90 |
Net property, plant and equipment
Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-03-31 | 917,263,000 | USD | |
| At 2009-12-31 | 921,995,000 | USD |
Share-based compensation expense
Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-01-01 to 2010-03-31 | 7,501,000 | USD | 90 |
| 2009-01-01 to 2009-03-31 | 5,879,000 | USD | 90 |
Operating income or loss
Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-01-01 to 2010-03-31 | 52,864,000 | USD | 90 |
| 2009-01-01 to 2009-03-31 | 55,943,000 | USD | 90 |
Current assets
Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-03-31 | 860,844,000 | USD | |
| At 2009-12-31 | 877,672,000 | USD |
Interest expense
Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-01-01 to 2010-03-31 | 221,000 | USD | 90 |
| 2009-01-01 to 2009-03-31 | 365,000 | USD | 90 |
Current liabilities
Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-03-31 | 360,967,000 | USD | |
| At 2009-12-31 | 402,744,000 | USD |
Current accounts payable
Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-03-31 | 26,425,000 | USD | |
| At 2009-12-31 | 36,834,000 | USD |
Goodwill carrying amount
Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-03-31 | 127,653,000 | USD | |
| At 2009-12-31 | 127,653,000 | USD |
Net current accounts receivable
Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-03-31 | 265,826,000 | USD | |
| At 2009-12-31 | 285,119,000 | USD |
Common-stock repurchase payments
Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-01-01 to 2010-03-31 | 4,997,000 | USD | 90 |
| 2009-01-01 to 2009-03-31 | 2,103,000 | USD | 90 |
Net inventory
Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-03-31 | 77,822,000 | USD | |
| At 2009-12-31 | 80,926,000 | USD |
Accumulated other comprehensive income or loss
Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-03-31 | -28,076,000 | USD | |
| At 2009-12-31 | -5,281,000 | USD |
Other noncurrent assets
Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-03-31 | 48,527,000 | USD | |
| At 2009-12-31 | 47,624,000 | USD |
Other noncurrent liabilities
Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-03-31 | 60,851,000 | USD | |
| At 2009-12-31 | 62,251,000 | USD |
Nonoperating income or expense
Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-01-01 to 2010-03-31 | -1,088,000 | USD | 90 |
| 2009-01-01 to 2009-03-31 | 529,000 | USD | 90 |
Deferred income tax expense or benefit
The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-01-01 to 2010-03-31 | -3,233,000 | USD | 90 |
| 2009-01-01 to 2009-03-31 | -1,840,000 | USD | 90 |
Change in accounts receivable
The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-01-01 to 2010-03-31 | -19,293,000 | USD | 90 |
| 2009-01-01 to 2009-03-31 | 29,151,000 | USD | 90 |
Change in inventories
The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-01-01 to 2010-03-31 | -3,104,000 | USD | 90 |
| 2009-01-01 to 2009-03-31 | 6,401,000 | USD | 90 |
Change in accounts payable
The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-01-01 to 2010-03-31 | -10,409,000 | USD | 90 |
| 2009-01-01 to 2009-03-31 | 944,000 | USD | 90 |
Inspect the source
- Entity
- COVANCE INC / CIK 0001023131
- Captured
- SEC response SHA-256
2dfb7255e848cb2d83104f8a91f26da116825087bf177b4fb84de67fc46d832b
Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON
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import json
from urllib.request import urlopen
with urlopen("https://canlicapital.com/company-data/0001023131.json") as response:
record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
print(concept["tag"], next(iter(concept["observations"])))