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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)
 12 Months Ended
Dec. 31, 2012
Summary of Unaudited Consolidated Quarterly Results of Operations

The following table summarizes our unaudited consolidated quarterly results of operations as reported for 2012 and 2011:

 

In thousands, except per share data

  
     First
Quarter
2012		     Second
Quarter
2012		     Third
Quarter
2012		     Fourth
Quarter
2012		     Year
2012		  

Revenues

    $ 460,077      $ 468,950      $ 480,484      $ 503,638      $ 1,913,149   

Gross profit

      205,307        209,488        215,554        226,956        857,305   

Restructuring costs and plant closure expense

      (86 )      (1,064 )      (2,250 )      (1,933 )      (5,333 ) 

Litigation settlement

      0        0        0        (6,050 )      (6,050 ) 

Loss on sale of business

      0        0        (4,867 )      0        (4,867 ) 

Acquisition expenses

      (1,539 )      (2,207 )      (2,467 )      (1,707 )      (7,920 ) 

Change in fair value of contingent consideration

      (1,204 )      602        11        (161 )      (752 ) 

Integration expenses

      (1,279 )      (1,044 )      (1,217 )      (1,356 )      (4,896 ) 

Net income attributable to Stericycle, Inc.

      64,857        67,593        65,477        70,069        267,996   

* Basic earnings per common share

    $ 0.76      $ 0.79      $ 0.76      $ 0.82      $ 3.14   

* Diluted earnings per common share

    $ 0.75      $ 0.78      $ 0.75      $ 0.80      $ 3.08   

 

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   

 

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