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CVS Caremark Corporation (CVS)
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CVS » Topics » Consolidated Condensed Statements of Operations

This excerpt taken from the CVS 10-Q filed May 1, 2008.

Consolidated Condensed Statements of Operations

(Unaudited)

 

     13 Weeks Ended

In millions, except per share amounts

    March 29,
2008		    March 31,
2007

Net revenues

    $ 21,326.0    $ 13,188.6

Cost of revenues

      17,033.0      9,885.4
             

Gross profit

      4,293.0      3,303.2

Total operating expenses

      2,922.9      2,566.7
             

Operating profit

      1,370.1      736.5

Interest expense, net

      130.9      63.9
             

Earnings before income tax provision

      1,239.2      672.6

Income tax provision

      490.7      263.7
             

Net earnings

      748.5      408.9

Preference dividends, net of income tax benefit

      3.5      3.5
             

Net earnings available to common shareholders

    $ 745.0    $ 405.4
             

Basic earnings per common share:

      

Net earnings

    $ 0.52    $ 0.45
             

Weighted average basic common shares outstanding

      1,429.8      906.1
             

Diluted earnings per common share:

      

Net earnings

    $ 0.51    $ 0.43
             

Weighted average diluted common shares outstanding

      1,467.7      939.8
             

Dividends declared per common share

    $ 0.06000    $ 0.04875
             

See accompanying notes to consolidated condensed financial statements.

 

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Table of Contents
Part I    Item 1

 

CVS Caremark Corporation

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