|
Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
|
Jun. 30, 2013
|
Jun. 30, 2012
|
Jun. 30, 2013
|
Jun. 30, 2012
|
|
| Revenue | $ 3,417,430 | $ 1,702,703 | $ 6,637,147 | $ 3,419,800 |
| Cost of revenue | 3,152,841 | 1,580,199 | 6,124,185 | 3,186,907 |
| Gross profit | 264,589 | 122,504 | 512,962 | 232,893 |
| Expenses: | ||||
| Selling, general and administrative | 99,888 | 64,659 | 200,386 | 121,374 |
| Depreciation of property and equipment | 7,938 | 2,479 | 14,908 | 4,835 |
| Amortization of intangible assets | 50,092 | 9,011 | 100,148 | 19,330 |
| Total operating expenses | 157,918 | 76,149 | 315,442 | 145,539 |
| Operating income | 106,671 | 46,355 | 197,520 | 87,354 |
| Interest and other expense, net | 10,907 | 1,980 | 21,946 | 3,219 |
| Income before income taxes | 95,764 | 44,375 | 175,574 | 84,135 |
| Income tax expense (benefit): | ||||
| Current | 33,741 | 17,533 | 73,422 | 31,188 |
| Deferred | (9,134) | (468) | (25,787) | (705) |
| Total income tax expense (benefit) | 24,607 | 17,065 | 47,635 | 30,483 |
| Net income | 71,157 | 27,310 | 127,939 | 53,652 |
| Less: Net income attributable to non-controlling interest | 7,736 | 0 | 13,113 | 0 |
| Net income attributable to the Company | $ 63,421 | $ 27,310 | $ 114,826 | $ 53,652 |
| Earnings per share attributable to the Company: | ||||
| Basic (in dollars per share) | $ 0.31 | $ 0.21 | $ 0.56 | $ 0.42 |
| Diluted (in dollars per share) | $ 0.31 | $ 0.20 | $ 0.56 | $ 0.41 |
| Weighted average number of shares used in computing earnings per share: | ||||
| Basic (in shares) | 205,975,724 | 132,441,738 | 205,782,438 | 128,749,560 |
| Diluted (in shares) | 206,624,432 | 133,769,482 | 206,535,143 | 130,130,788 |