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These excerpts taken from the VTIV 10-K filed Feb 29, 2008. Net Income and
Earnings Per Share ("EPS"): inVentiv’s net income
decreased by approximately $4 million to $47 million during 2007 when compared
to the same period in 2006, and diluted earnings per share decreased to $1.47
per share in 2007 from $1.70 per share during the 2006. However,
excluding the impact of the increase in the uncollectible receivable reserve
during the second quarter of 2007 and the distinct tax benefits in 2007 and
2006, overall EPS and net income increased over the respective periods, driven
by increased wins and new acquisitions. Year
Ended December 31, 2006 Compared to Year Ended December 31,
2005
Net Income and Earnings Per Share ("EPS"): inVentiv’s net income decreased by approximately $4 million to $47 million during 2007 when compared to the same period in 2006, and diluted earnings per share decreased to $1.47 per share in 2007 from $1.70 per share during the 2006. However, excluding the impact of the increase in the uncollectible receivable reserve during the second quarter of 2007 and the distinct tax benefits in 2007 and 2006, overall EPS and net income increased over the respective periods, driven by increased wins and new acquisitions. Year Ended December 31, 2006 Compared to Year Ended December 31, 2005 | EXCERPTS ON THIS PAGE:
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