Annual report pursuant to Section 13 and 15(d)

QUARTERLY FINANCIAL DATA (UNAUDITED)

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QUARTERLY FINANCIAL DATA (UNAUDITED)
 12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY FINANCIAL DATA (UNAUDITED)
QUARTERLY FINANCIAL DATA (UNAUDITED)
 
Quarterly financial data for 2018 and 2017 was as follows:
 
 
Three Months Ended
2018
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
 
(In millions, except per share data)
Operating revenue
 
$
865.7

 
$
876.9

 
$
834.2

 
$
835.3

Operating income
 
$
144.2

 
$
193.6

 
$
64.1

 
$
46.1

Consolidated net income
 
$
93.8

 
$
146.1

 
$
39.6

 
$
26.7

Net income attributable to Equifax
 
$
90.9

 
$
144.8

 
$
38.4

 
$
25.6

Basic earnings per share*
 
 

 
 

 
 

 
 

Net income attributable to Equifax
 
$
0.76

 
$
1.20

 
$
0.32

 
$
0.21

Diluted earnings per share*
 
 

 
 

 
 

 
 

Net income attributable to Equifax
 
$
0.75

 
$
1.19

 
$
0.32

 
$
0.21

 
 
 
Three Months Ended
2017
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
 
(In millions, except per share data)
Operating revenue
 
$
832.2

 
$
856.7

 
$
834.8

 
$
838.5

Operating income
 
$
218.6

 
$
265.9

 
$
154.7

 
$
192.6

Consolidated net income
 
$
155.4

 
$
167.6

 
$
100.5

 
$
174.4

Net income attributable to Equifax
 
$
153.3

 
$
165.4

 
$
96.3

 
$
172.3

Basic earnings per share*
 
 

 
 

 
 

 
 

Net income attributable to Equifax
 
$
1.28

 
$
1.37

 
$
0.80

 
$
1.44

Diluted earnings per share*
 
 

 
 

 
 

 
 

Net income attributable to Equifax
 
$
1.26

 
$
1.36

 
$
0.79

 
$
1.42


* 
The sum of the quarterly EPS does not equal the annual EPS due to changes in the weighted-average shares between periods. Other amounts may not equal the annual total due to rounding between periods.
 
The comparability of our quarterly financial results during 2018 and 2017 was impacted by certain events, as follows:

•
For the year ended December 31, 2018, we recorded $326.2 million in pre-tax expenses related to the 2017 cybersecurity incident. In addition, we recorded a charge for the realignment of resources and other costs of $46.1 million in the fourth quarter of 2018.

•
For the year ended December 31, 2017, we recorded $114.0 million in pretax expenses related to the 2017 cybersecurity incident. In addition, as a result of the Tax Act the company recorded preliminary adjustments totaling a net tax benefit of $48.3 million in the fourth quarter of 2017.