XML 22 R5.htm IDEA: XBRL DOCUMENT v3.19.2
Unaudited Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Revenue $ 2,605,300 $ 2,517,800 $ 5,075,900 $ 4,945,200
Expenses:        
Cost of operations 1,617,000 1,577,200 3,123,100 3,047,000
Depreciation, amortization and depletion 264,200 255,500 515,800 518,600
Accretion 20,500 20,200 40,900 40,600
Selling, general and administrative 264,500 252,900 530,900 514,000
Loss (gain) on disposition of assets and asset impairments, net 200 0 500 (700)
Restructuring charges 1,500 3,800 4,500 13,300
Operating income 437,400 408,200 860,200 812,400
Interest expense (98,500) (96,500) (198,900) (191,300)
Loss from unconsolidated equity method investment (11,500) (100) (23,100) (100)
Loss on extinguishment of debt 0 (300) 0 (300)
Interest income 1,400 200 3,300 400
Other (expense) income, net (200) 1,100 (100) 2,200
Income before income taxes 328,600 312,600 641,400 623,300
Provision for income taxes 77,700 76,900 155,600 149,700
Net income 250,900 235,700 485,800 473,600
Net loss (income) attributable to non-controlling interests in consolidated subsidiary 600 (800) (100) (1,000)
Net income attributable to Republic Services, Inc. $ 251,500 $ 234,900 $ 485,700 $ 472,600
Basic earnings per share attributable to Republic Services, Inc. stockholders:        
Basic earnings per share (in dollars per share) $ 0.78 $ 0.72 $ 1.51 $ 1.44
Weighted average common shares outstanding (in shares) 321,718 327,365 322,000 329,003
Diluted earnings per share attributable to Republic Services, Inc. stockholders:        
Diluted earnings per share (in dollars per share) $ 0.78 $ 0.71 $ 1.50 $ 1.43
Weighted average common and common equivalent shares outstanding (in shares) 322,765 328,830 323,109 330,513
Cash dividends per common share (in dollars per share) $ 0.375 $ 0.345 $ 0.750 $ 0.690