XML 15 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Income Statement [Abstract]        
Revenues $ 534,579 $ 480,484 $ 1,574,908 $ 1,409,511
Costs and Expenses:        
Cost of revenues (exclusive of depreciation shown below) 280,645 253,526 826,703 746,540
Depreciation - cost of revenues 12,531 11,404 36,856 32,622
Selling, general and administrative expenses (exclusive of depreciation and amortization shown below) 96,689 92,966 282,580 259,246
Depreciation – selling, general and administrative expenses 2,610 2,480 8,373 6,892
Amortization 6,709 5,561 19,884 15,675
Total Costs and Expenses 399,184 365,937 1,174,396 1,060,975
Income from Operations 135,395 114,547 400,512 348,536
Other Income (Expense):        
Interest income 151 117 420 333
Interest expense (13,467) (13,048) (40,028) (38,597)
Other expense, net (1,341) (488) (2,899) (556)
Total Other Expense (14,657) (13,419) (42,507) (38,820)
Income Before Income Taxes 120,738 101,128 358,005 309,716
Income Tax Expense 39,906 35,382 123,508 110,283
Net Income 80,832 65,746 234,497 199,433
Less: Net Income Attributable to Noncontrolling Interests 285 269 1,289 1,506
Net Income Attributable to Stericycle, Inc. $ 80,547 $ 65,477 $ 233,208 $ 197,927
Earnings Per Common Share Attributable to Stericycle, Inc. Common Shareholders:        
Basic $ 0.94 $ 0.76 $ 2.71 $ 2.32
Diluted $ 0.92 $ 0.75 $ 2.67 $ 2.28
Weighted Average Number of Common Shares Outstanding:        
Basic 85,849,656 85,748,998 86,021,764 85,251,002
Diluted 87,401,565 87,305,779 87,497,276 86,911,229