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EARNINGS PER COMMON SHARE (Tables)
12 Months Ended
Dec. 31, 2011
Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

 

In thousands, except share and per share data

 
    Years Ended December 31,  
    2011      2010      2009  

Numerator:

       

Numerator for basic earnings per share net income attributable to Stericycle, Inc.

  $ 234,751       $ 207,879       $ 175,691   
 

 

 

    

 

 

    

 

 

 

Denominator:

       

Denominator for basic earnings per share-weighted average shares

    85,467,421         85,057,775         84,769,912   

Effect of diluted securities:

       

Employee stock options

    1,900,291         1,904,876         1,974,091   
 

 

 

    

 

 

    

 

 

 

Denominator for diluted earnings per share-adjusted weighted average shares and after assumed exercises

    87,367,712         86,962,651         86,744,003   
 

 

 

    

 

 

    

 

 

 

Earnings per share—Basic

  $ 2.75       $ 2.44       $ 2.07   
 

 

 

    

 

 

    

 

 

 

Earnings per share—Diluted

  $ 2.69       $ 2.39       $ 2.03