|
Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
|
3 Months Ended |
|
Mar. 31, 2014
|
Mar. 31, 2013
|
| Income Statement [Abstract] |
|
|
| Revenue |
$ 4,914,479 |
$ 3,219,716 |
| Cost of revenue |
4,599,817 |
2,971,344 |
| Gross profit |
314,662 |
248,372 |
| Expenses: |
|
|
| Selling, general and administrative |
130,519 |
100,495 |
| Depreciation of property and equipment |
12,368 |
6,970 |
| Amortization of intangible assets |
54,986 |
50,056 |
| Total operating expenses |
197,873 |
157,521 |
| Operating income |
116,789 |
90,851 |
| Interest and other expense, net |
11,336 |
11,039 |
| Income before income taxes |
105,453 |
79,812 |
| Income tax expense (benefit): |
|
|
| Current |
40,442 |
39,680 |
| Deferred |
(12,334) |
(16,652) |
| Total income tax expense (benefit) |
28,108 |
23,028 |
| Net income |
77,345 |
56,784 |
| Less: Net income attributable to non-controlling interest |
13,900 |
5,376 |
| Net income attributable to the Company |
$ 63,445 |
$ 51,408 |
| Earnings per share attributable to the Company: |
|
|
| Basic (in dollars per share) |
$ 0.31 |
$ 0.25 |
| Diluted (in dollars per share) |
$ 0.31 |
$ 0.25 |
| Weighted average number of shares used in computing earnings per share: |
|
|
| Basic (in shares) |
206,525,188 |
205,576,875 |
| Diluted (in shares) |
207,086,677 |
206,423,549 |