EARNINGS PER COMMON SHARE (Tables)

3 Months Ended

Mar. 31, 2016

Earnings Per Share [Abstract]

Earnings Per Common Share

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

In thousands, except share and per share data
	Three Months Ended March 31,
	2016		2015 (Restated)
Numerator:
Net income attributable to Stericycle, Inc.	$	76,786	$	28,940
Less: mandatory convertible preferred stock dividend		10,106		—
Numerator for basic earnings per share attributable to Stericycle, Inc. common shareholders	$	66,680	$	28,940
Denominator:
Denominator for basic earnings per share-weighted average shares		84,705,000		85,037,823
Effect of diluted securities:
Employee stock based awards		1,140,501		1,319,183
Mandatory convertible preferred stock (1)		—		—
Denominator for diluted earnings per share-adjusted weighted average shares and after assumed exercises		85,845,501		86,357,006
Earnings per share – Basic	$	0.79	$	0.34
Earnings per share – Diluted	$	0.78	$	0.34

(1) In 2016, the weighted average common shares issuable upon the assumed conversion of the mandatory convertible preferred stock totaling 5,651,376 shares were excluded from the computation of diluted earnings per share as such conversion would have been antidilutive.