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SELECTED QUARTERLY FINANCIAL DATA (Tables)
12 Months Ended
Dec. 31, 2011
Summary of Unaudited Consolidated Quarterly Results of Operations

The following table summarizes our unaudited consolidated quarterly results of operations as reported for 2011 and 2010:

 

In thousands, except per share data

                              
     First
Quarter
2011
    Second
Quarter
2011
    Third
Quarter
2011
    Fourth
Quarter
2011
    Year
2011
 

Revenues

   $ 398,126      $ 410,441      $ 420,924      $ 446,557      $ 1,676,048   

Gross profit

     182,430        186,741        190,055        201,518        760,744   

Restructuring costs and plant closure expense

     (258     (195     (633     (3,989     (5,075

Litigation settlement

     0        0        (460     (725     (1,185

(Loss)/ gain on sale of business

     0        0        (323     304        (19

Acquisition expenses

     (5,938     (5,261     (3,195     (2,310     (16,704

Change in fair value of contingent consideration

     2,140        0        0        5,081        7,221   

Integration expenses

     (766     (1,287     (1,813     (480     (4,346

Net income attributable to Stericycle, Inc.

     55,674        55,542        59,247        64,288        234,751   

* Basic earnings per common share

   $ 0.65      $ 0.65      $ 0.69      $ 0.76      $ 2.75   

* Diluted earnings per common share

   $ 0.64      $ 0.63      $ 0.68      $ 0.74      $ 2.69   

 

In thousands, except per share data

                              
     First
Quarter
2010
    Second
Quarter
2010
    Third
Quarter
2010
    Fourth
Quarter
2010
    Year
2010
 

Revenues

   $ 335,177      $ 347,734      $ 362,988      $ 393,489      $ 1,439,388   

Gross profit

     155,317        161,537        168,098        182,475        667,427   

Restructuring costs and plant closure expense

     (667     (1,563     (216     (5,925     (8,371

Litigation settlement

     0        (937     0        40        (897

Gain on sale of assets

     0        2,955        0        0        2,955   

Acquisition expenses

     (800     (556     (1,891     (6,272     (9,519

Integration expenses

     (1,149     (1,314     (790     (859     (4,112

Net income attributable to Stericycle, Inc.

     48,119        53,094        56,686        49,980        207,879   

* Basic earnings per common share

   $ 0.57      $ 0.63      $ 0.66      $ 0.59      $ 2.44   

* Diluted earnings per common share

   $ 0.56      $ 0.61      $ 0.65      $ 0.57      $ 2.39   

 

* EPS calculated on a quarterly basis, and, as such, the amounts may not total the calculated full-year EPS.