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GEOGRAPHIC INFORMATION
3 Months Ended
Mar. 31, 2012
GEOGRAPHIC INFORMATION

NOTE 12 – GEOGRAPHIC INFORMATION

Management has determined that we have two reportable segments, United States (which includes Puerto Rico) and International. Revenues are attributed to countries based on the location of customers. Intercompany revenues recorded by the United States for work performed in Canada are eliminated prior to reporting United States revenues. The same accounting principles and critical accounting policies are used in the preparation of the financial statements for both reporting segments.

Detailed information for our United States reporting segment is as follows:

 

    
     Three Months Ended March 31,  

In thousands

   2012      2011  

Regulated waste management services

   $ 293,425       $ 254,807   

Regulated returns and recall management services

     35,764         35,805   
  

 

 

    

 

 

 

Total revenue

     329,189         290,612   

Net interest expense

     10,334         9,685   

Income before income taxes

     87,057         72,301   

Income taxes

     34,447         29,150   
  

 

 

    

 

 

 

Net income attributable to Stericycle, Inc.

   $ 52,610       $ 43,151   
  

 

 

    

 

 

 

Depreciation and amortization

   $ 10,556       $ 9,449   

 

Detailed information for our International reporting segment is as follows:

 

     Three Months Ended March 31,  

In thousands

   2012      2011  

Regulated waste management services revenue

   $ 130,888      $  107,514  

Net interest expense

     2,340        1,503  

Income before income taxes

     15,973        18,661  

Income taxes

     3,268        5,226  

Net income

     12,705         13,435   

Less: net income attributable to noncontrolling interests

     458         912   
  

 

 

    

 

 

 

Net income attributable to Stericycle, Inc.

   $ 12,247      $ 12,523  
  

 

 

    

 

 

 

Depreciation and amortization

   $ 7,162      $ 5,654