CORELOGIC, INC. | |||||||||||||||||
RECONCILIATION OF ADJUSTED DILUTED EPS | |||||||||||||||||
| |||||||||||||||||
|
For the three months ended September 30, 2013 | ||||||||||||||||
(in thousands, except per share amounts) |
Data & Analytics |
Mortgage
|
AMPS |
Corporate |
Elim |
CoreLogic | |||||||||||
Income from continuing operations before equity in earnings of affiliates and income taxes |
$ |
35,638 |
|
$ |
46,448 |
|
$ |
13,877 |
|
$ |
(27,832) |
|
$ |
|
|
$ |
68,131 |
Pretax equity in earnings |
456 |
|
8,786 |
|
|
|
15 |
|
|
|
9,257 | ||||||
Stock-based compensation |
(356) |
|
2,009 |
|
107 |
|
2,118 |
|
|
|
3,878 | ||||||
Non-operating investment (gains)/losses |
(6,637) |
|
|
|
|
|
|
|
|
|
(6,637) | ||||||
Efficiency investments |
|
|
|
|
|
|
1,078 |
|
|
|
1,078 | ||||||
Transaction costs |
|
|
|
|
|
|
1,467 |
|
|
|
1,467 | ||||||
Accelerated depreciation on TTI |
|
|
|
|
|
|
2 |
|
|
|
2 | ||||||
Adjusted pretax income from continuing operations |
$ |
29,101 |
|
$ |
57,243 |
|
$ |
13,984 |
|
$ |
(23,152) |
|
$ |
|
|
$ |
77,176 |
Tax provision (40% rate) |
|
|
|
|
|
30,870 | |||||||||||
Less: Net income attributable to noncontrolling interests |
|
|
|
|
|
45 | |||||||||||
Adjusted net income attributable to CoreLogic |
|
|
|
|
|
$ |
46,261 | ||||||||||
Weighted average diluted common shares outstanding |
|
|
|
|
|
96,793 | |||||||||||
Adjusted diluted EPS |
|
|
|
|
|
$ |
0.48 | ||||||||||
|
|
|
|
|
|
| |||||||||||
|
|
|
|
|
|
| |||||||||||
|
|
|
|
|
|
| |||||||||||
|
For the three months ended September 30, 2012 | ||||||||||||||||
(in thousands, except per share amounts) |
Data & Analytics |
Mortgage
|
AMPS |
Corporate |
Elim |
CoreLogic | |||||||||||
Income from continuing operations before equity in earnings of affiliates and income taxes |
$ |
30,798 |
|
$ |
49,885 |
|
$ |
16,792 |
|
$ |
(53,072) |
|
$ |
|
|
$ |
44,403 |
Pretax equity in earnings |
489 |
|
12,851 |
|
|
|
24 |
|
|
|
13,364 | ||||||
Stock-based compensation |
1,349 |
|
1,702 |
|
54 |
|
4,075 |
|
|
|
7,180 | ||||||
Non-operating investment (gains)/losses |
(2,161) |
|
|
|
|
|
7,512 |
|
|
|
5,351 | ||||||
Efficiency investments |
|
|
|
|
|
|
2,608 |
|
|
|
2,608 | ||||||
Accelerated Depreciation on TTI |
|
|
|
|
|
|
4,374 |
|
|
|
4,374 | ||||||
Adjusted pretax income from continuing operations |
$ |
30,475 |
|
$ |
64,438 |
|
$ |
16,846 |
|
$ |
(34,479) |
|
$ |
|
|
$ |
77,280 |
Tax provision (40% rate) |
|
|
|
|
|
30,912 | |||||||||||
Less: Net income attributable to noncontrolling interests |
|
|
|
|
|
(50) | |||||||||||
Adjusted net income attributable to CoreLogic |
|
|
|
|
|
$ |
46,418 | ||||||||||
Weighted average diluted common shares outstanding |
|
|
|
|
|
103,113 | |||||||||||
Adjusted diluted EPS |
|
|
|
|
|
$ |
0.45 |