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Verizon Communications Inc. (VZ)

-NYSE

44.56 Feb 5, 4:02PM EST

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Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
Period EndingDec 30, 2011Dec 30, 2010Dec 30, 2009
Total Revenue 110,875,000   106,565,000   107,808,000  
Cost of Revenue45,875,000  44,149,000  44,579,000  
Gross Profit 65,000,000   62,416,000   63,229,000  
Operating Expenses
Research Development -   -   -  
Selling General and Administrative35,624,000  31,366,000  30,717,000  
Non Recurring -   -   -  
Others16,496,000  16,405,000  16,534,000  
Total Operating Expenses -   -   -  
Operating Income or Loss 12,880,000   14,645,000   15,978,000  
Income from Continuing Operations
Total Other Income/Expenses Net(14,000)54,000  91,000  
Earnings Before Interest And Taxes13,310,000  15,207,000  16,622,000  
Interest Expense2,827,000  2,523,000  3,102,000  
Income Before Tax10,483,000  12,684,000  13,520,000  
Income Tax Expense285,000  2,467,000  1,919,000  
Minority Interest(7,794,000)(7,668,000)(6,707,000)
Net Income From Continuing Ops2,848,000  3,057,000  5,447,000  
Non-recurring Events
Discontinued Operations -   -   -  
Extraordinary Items -   -   -  
Effect Of Accounting Changes -   -   -  
Other Items -   -   -  
Net Income 2,404,000   2,549,000   4,894,000  
Preferred Stock And Other Adjustments -   -   -  
Net Income Applicable To Common Shares 2,404,000   2,549,000   4,894,000  

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