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Quest Diagnostics Reports Second Quarter 2013 Financial Results
Date:7/18/2013

stics' common stockholders:Income from continuing operations

$

152.7$

175.2$

268.2$

331.3Income from discontinued operations, net of taxes

12.82.533.15.5Net income

$

165.5$

177.7$

301.3$

336.8Earnings per share attributable to Quest Diagnostics' common stockholders - basic:Income from continuing operations

$

0.99$

1.10$

1.72$

2.08Income from discontinued operations

0.080.020.210.04Net income

$

1.07$

1.12$

1.93$

2.12Earnings per share attributable to Quest Diagnostics' common stockholders - diluted:Income from continuing operations

$

0.99$

1.09$

1.71$

2.06Income from discontinued operations

0.080.020.210.04Net income

$

1.07$

1.11$

1.92$

2.10Weighted average common shares outstanding:Basic

152.7158.5155.4158.4Diluted

154.1159.8156.7159.7Operating income as a percentage of net revenues15.9

%17.7

%14.3

%16.7

% Quest Diagnostics Incorporated and SubsidiariesConsolidated Balance SheetsJune 30, 2013 and December 31, 2012 (in millions, except per share data)June 30, 2013December 31, 2012(unaudited)AssetsCurrent assets:Cash and cash equivalents

$

148.3$

295.6Accounts receivable, net

946.8867.0Inventories

89.493.1Deferred income taxes

158.8174.2Prepaid expenses and other current assets

126.491.0Current assets held for sale

—40.2Total current assets

1,469.71,561.1Property, plant and equipment, net751.8755.8Goodwill5,665.85,535.8Intangible assets, net929.4872.2Other assets219.4204.6Non-current assets held for sale—354.4Total assets$

9,036.1$

9,283.9Liabilities and Stockholders' EquityCurrent liabilities:Accoun
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SOURCE Quest Diagnostics Incorporated
Copyright©2012 PR Newswire.
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