LH Income Statement

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Income Statement [Abstract]
Net sales 1.44B
Cost of sales 868.7M
Gross profit 572.2M
Selling, general and administrative expenses 283.2M
Amortization of intangibles and other assets 19.5M
Restructuring and other special charges 7.5M
Operating income 262M
Other income (expenses):
Interest expense -24.5M
Equity method income, net 4.3M
Investment income 200K
Other, net -600K
Earnings before income taxes 241.4M
Provision for income taxes 93.8M
Net earnings 147.6M
Less: Net earnings attributable to the noncontrolling interest -400K
Net earnings attributable to Laboratory Corporation of America Holdings 147.2M
Basic earnings per common share 1.58
Diluted earnings per common share 1.56

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