COVANCE INC: 10-Q filed 2011-11-04
What COVANCE INC reported in its quarterly report filed 2011-11-04 (fiscal Q3 2011): 34 published measures, 95 facts as tagged in accession 0001104659-11-060960.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2011-11-04
- Fiscal period
- fiscal Q3 2011
- Accession
- 0001104659-11-060960 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 2011-09-30 | 2,094,916,000 | USD | |
| At 2010-12-31 | 1,965,542,000 | USD | |
| At 2010-09-30 | 1,982,761,000 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-09-30 | 658,921,000 | USD | |
| At 2010-12-31 | 685,721,000 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-09-30 | 1,435,995,000 | USD | |
| At 2010-12-31 | 1,279,821,000 | 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 2011-09-30 | 399,695,000 | USD | |
| At 2010-12-31 | 377,223,000 | USD | |
| At 2010-09-30 | 389,024,000 | USD | |
| At 2009-12-31 | 289,469,000 | 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 |
|---|---|---|---|
| 2011-07-01 to 2011-09-30 | 40,669,000 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 111,049,000 | USD | 273 |
| 2010-07-01 to 2010-09-30 | -30,930,000 | USD | 92 |
| 2010-01-01 to 2010-09-30 | 39,876,000 | USD | 273 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-07-01 to 2011-09-30 | 578,876,000 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 1,654,061,000 | USD | 273 |
| 2010-07-01 to 2010-09-30 | 513,280,000 | USD | 92 |
| 2010-01-01 to 2010-09-30 | 1,519,018,000 | USD | 273 |
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 2011-09-30 | 1,484,754,000 | USD | |
| At 2010-12-31 | 1,373,705,000 | 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 |
|---|---|---|---|
| 2011-07-01 to 2011-09-30 | 59,695,336 | shares | 92 |
| 2011-01-01 to 2011-09-30 | 59,596,294 | shares | 273 |
| 2010-07-01 to 2010-09-30 | 63,739,910 | shares | 92 |
| 2010-01-01 to 2010-09-30 | 63,601,302 | shares | 273 |
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 |
|---|---|---|---|
| 2011-07-01 to 2011-09-30 | 60,926,604 | shares | 92 |
| 2011-01-01 to 2011-09-30 | 61,093,960 | shares | 273 |
| 2010-07-01 to 2010-09-30 | 63,739,910 | shares | 92 |
| 2010-01-01 to 2010-09-30 | 65,069,901 | shares | 273 |
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 |
|---|---|---|---|
| 2011-07-01 to 2011-09-30 | 0.68 | USD/shares | 92 |
| 2011-01-01 to 2011-09-30 | 1.86 | USD/shares | 273 |
| 2010-07-01 to 2010-09-30 | -0.49 | USD/shares | 92 |
| 2010-01-01 to 2010-09-30 | 0.63 | USD/shares | 273 |
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 |
|---|---|---|---|
| 2011-07-01 to 2011-09-30 | 0.67 | USD/shares | 92 |
| 2011-01-01 to 2011-09-30 | 1.82 | USD/shares | 273 |
| 2010-07-01 to 2010-09-30 | -0.49 | USD/shares | 92 |
| 2010-01-01 to 2010-09-30 | 0.61 | USD/shares | 273 |
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 |
|---|---|---|---|
| 2011-07-01 to 2011-09-30 | 9,781,000 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 28,402,000 | USD | 273 |
| 2010-07-01 to 2010-09-30 | -46,003,000 | USD | 92 |
| 2010-01-01 to 2010-09-30 | -22,534,000 | USD | 273 |
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 2011-09-30 | 856,778,000 | USD | |
| At 2010-12-31 | 843,983,000 | 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 |
|---|---|---|---|
| 2011-01-01 to 2011-09-30 | 29,305,000 | USD | 273 |
| 2010-01-01 to 2010-09-30 | 24,815,000 | USD | 273 |
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 |
|---|---|---|---|
| 2011-07-01 to 2011-09-30 | 51,023,000 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 141,678,000 | USD | 273 |
| 2010-07-01 to 2010-09-30 | -76,741,000 | USD | 92 |
| 2010-01-01 to 2010-09-30 | 18,633,000 | USD | 273 |
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 2011-09-30 | 1,058,734,000 | USD | |
| At 2010-12-31 | 945,811,000 | 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 |
|---|---|---|---|
| 2011-07-01 to 2011-09-30 | 895,000 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 2,997,000 | USD | 273 |
| 2010-07-01 to 2010-09-30 | 227,000 | USD | 92 |
| 2010-01-01 to 2010-09-30 | 675,000 | USD | 273 |
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 2011-09-30 | 562,654,000 | USD | |
| At 2010-12-31 | 499,174,000 | 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 2011-09-30 | 40,280,000 | USD | |
| At 2010-12-31 | 34,079,000 | 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 2011-09-30 | 127,779,000 | USD | |
| At 2010-12-31 | 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 2011-09-30 | 284,769,000 | USD | |
| At 2010-12-31 | 261,160,000 | 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 |
|---|---|---|---|
| 2011-01-01 to 2011-09-30 | 7,731,000 | USD | 273 |
| 2010-01-01 to 2010-09-30 | 5,601,000 | USD | 273 |
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 2011-09-30 | 82,085,000 | USD | |
| At 2010-12-31 | 82,924,000 | 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 2011-09-30 | 14,691,000 | USD | |
| At 2010-12-31 | 277,000 | 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 2011-09-30 | 51,625,000 | USD | |
| At 2010-12-31 | 48,095,000 | 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 2011-09-30 | 70,449,000 | USD | |
| At 2010-12-31 | 68,516,000 | USD |
Prepaid expenses and other current assets
Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-09-30 | 129,537,000 | USD | |
| At 2010-12-31 | 98,127,000 | USD |
Comprehensive income or loss
Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-07-01 to 2011-09-30 | 2,000,000 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 125,500,000 | USD | 273 |
| 2010-07-01 to 2010-09-30 | 9,700,000 | USD | 92 |
| 2010-01-01 to 2010-09-30 | 45,700,000 | USD | 273 |
Depreciation, depletion and amortization
Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-07-01 to 2011-09-30 | 27,592,000 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 79,291,000 | USD | 273 |
| 2010-07-01 to 2010-09-30 | 26,105,000 | USD | 92 |
| 2010-01-01 to 2010-09-30 | 77,105,000 | USD | 273 |
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 |
|---|---|---|---|
| 2011-07-01 to 2011-09-30 | -1,120,000 | USD | 92 |
| 2011-01-01 to 2011-09-30 | -2,532,000 | USD | 273 |
| 2010-07-01 to 2010-09-30 | -445,000 | USD | 92 |
| 2010-01-01 to 2010-09-30 | -2,217,000 | USD | 273 |
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 |
|---|---|---|---|
| 2011-01-01 to 2011-09-30 | -9,680,000 | USD | 273 |
| 2010-01-01 to 2010-09-30 | -53,185,000 | USD | 273 |
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 |
|---|---|---|---|
| 2011-01-01 to 2011-09-30 | 23,396,000 | USD | 273 |
| 2010-01-01 to 2010-09-30 | -3,442,000 | USD | 273 |
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 |
|---|---|---|---|
| 2011-01-01 to 2011-09-30 | -839,000 | USD | 273 |
| 2010-01-01 to 2010-09-30 | 1,388,000 | USD | 273 |
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 |
|---|---|---|---|
| 2011-01-01 to 2011-09-30 | 6,184,000 | USD | 273 |
| 2010-01-01 to 2010-09-30 | -1,439,000 | USD | 273 |
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
Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.
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