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RESTATEMENT (Tables)
3 Months Ended
Mar. 31, 2016
Accounting Changes And Error Corrections [Abstract]  
Schedule of Restatement of Financial Statements

The following are previously reported and restated balances of affected line items in the Condensed Consolidated Statement of Income and Condensed Consolidated Statement of Comprehensive Income, and the Condensed Consolidated Statement of Cash Flows for the three months ended March 31, 2015 (Unaudited).

 

Condensed Consolidated Statement of Income

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 2015

 

 

As Reported

 

Adjustment

 

Restated

 

Selling, general and administrative expenses (exclusive of

depreciation and amortization)

$

141,363

 

$

73,500

 

$

214,863

 

Total costs and expenses

 

536,266

 

 

73,500

 

 

609,766

 

Income from operations

 

127,053

 

 

(73,500

)

 

53,553

 

Income before income taxes

 

107,857

 

 

(73,500

)

 

34,357

 

Income tax expense

 

32,047

 

 

(26,982

)

 

5,065

 

Net income

 

75,810

 

 

(46,518

)

 

29,292

 

Net income attributable to Stericycle, Inc.

 

75,458

 

 

(46,518

)

 

28,940

 

EPS – basic

 

0.89

 

 

(0.55

)

 

0.34

 

EPS – diluted

 

0.87

 

 

(0.53

)

 

0.34

 

 

 

 

 

 

 

 

 

 

 

Condensed Consolidated Statement of Comprehensive Income

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 2015

 

 

As Reported

 

Adjustment

 

Restated

 

Net income

$

75,810

 

$

(46,518

)

$

29,292

 

Comprehensive income/ (loss)

 

6,975

 

 

(46,518

)

 

(39,543

)

Comprehensive income/ (loss)attributable to Stericycle, Inc.

 

7,443

 

 

(46,518

)

 

(39,075

)

 

 

 

 

 

 

 

 

 

 

Condensed Consolidated Statement of Cash Flows

Three Months Ended March 31, 2015

 

 

As Reported

 

Adjustment

 

Restated

 

Net income

$

75,810

 

$

(46,518

)

$

29,292

 

Deferred income taxes

 

(2,957

)

 

(26,982

)

 

(29,939

)

Accrued liabilities

 

35,924

 

 

73,500

 

 

109,424