XML 15 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Income Statement [Abstract]    
Revenues $ 874,181 $ 663,319
Costs and Expenses:    
Cost of revenues (exclusive of depreciation shown below) 482,356 367,340
Depreciation - cost of revenues 22,641 14,648
Selling, general and administrative expenses (exclusive of depreciation and amortization shown below) 202,488 214,863
Depreciation – selling, general and administrative expenses 7,499 4,118
Amortization 18,274 8,797
Total Costs and Expenses 733,258 609,766
Income from Operations 140,923 53,553
Other Income (Expense):    
Interest income 21 35
Interest expense (24,062) (18,633)
Other expense, net (1,251) (598)
Total Other Expense (25,292) (19,196)
Income Before Income Taxes 115,631 34,357
Income tax expense 38,036 5,065
Net Income 77,595 29,292
Less: net income attributable to noncontrolling interests 809 352
Net Income Attributable to Stericycle, Inc. 76,786 28,940
Less: mandatory convertible preferred stock dividend 10,106 0
Net Income Attributable to Stericycle, Inc. Common Shareholders $ 66,680 $ 28,940
Earnings Per Common Share Attributable to Stericycle, Inc. Common Shareholders:    
Basic (in dollars per share) $ 0.79 $ 0.34
Diluted (in dollars per share) $ 0.78 $ 0.34
Weighted Average Number of Common Shares Outstanding:    
Basic (in shares) 84,705,000 85,037,823
Diluted (in shares) 85,845,501 86,357,006