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QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

NOTE 20 – QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

The following table summarizes our unaudited consolidated quarterly results of operations as reported for 2018 and 2017:

In millions, except per share data

 

 

First Quarter 2018

 

 

Second Quarter 2018

 

 

Third Quarter 2018

 

 

Fourth Quarter 2018

 

 

Year 2018

 

Revenues

$

895.0

 

 

$

883.3

 

 

$

854.9

 

 

$

852.7

 

 

$

3,485.9

 

Gross profit

 

358.5

 

 

 

353.3

 

 

 

335.5

 

 

 

328.7

 

 

 

1,376.0

 

Goodwill impairment

 

-

 

 

 

-

 

 

 

-

 

 

 

358.7

 

 

 

358.7

 

Net (loss) income attributable to Stericycle, Inc.

 

22.5

 

 

 

27.7

 

 

 

23.5

 

 

 

(318.4

)

 

 

(244.7

)

Preferred stock dividend

 

(8.8

)

 

 

(8.3

)

 

 

(8.4

)

 

 

-

 

 

 

(25.5

)

Net (loss) income attributable to Stericycle, Inc. common shareholders

 

21.0

 

 

 

26.6

 

 

 

17.5

 

 

 

(318.4

)

 

 

(253.3

)

* Basic earnings (loss) per common share

$

0.25

 

 

$

0.31

 

 

$

0.20

 

 

$

(3.51

)

 

$

(2.91

)

* Diluted earnings (loss) per common share

$

0.25

 

 

$

0.31

 

 

$

0.20

 

 

$

(3.51

)

 

$

(2.91

)

 

In millions, except per share data

 

 

First Quarter 2017

 

 

Second Quarter 2017

 

 

Third Quarter 2017

 

 

Fourth Quarter 2017

 

 

Year 2017

 

Revenues

$

892.4

 

 

$

917.7

 

 

$

882.8

 

 

$

887.8

 

 

$

3,580.7

 

Gross profit

 

368.7

 

 

 

381.8

 

 

 

368.0

 

 

 

344.0

 

 

 

1,462.5

 

Goodwill impairment

 

-

 

 

 

-

 

 

 

-

 

 

 

65.0

 

 

 

65.0

 

Net income (loss) attributable to Stericycle, Inc.

 

58.2

 

 

 

(144.0

)

 

 

39.0

 

 

 

89.2

 

 

 

42.4

 

Preferred stock dividend

 

(9.4

)

 

 

(9.2

)

 

 

(8.9

)

 

 

(8.8

)

 

 

(36.3

)

Net income (loss) attributable to Stericycle, Inc. common shareholders

 

53.4

 

 

 

(148.8

)

 

 

35.5

 

 

 

83.3

 

 

 

23.4

 

* Basic earnings (loss) per common share

$

0.63

 

 

$

(1.74

)

 

$

0.42

 

 

$

0.98

 

 

$

0.27

 

* Diluted earnings (loss) per common share

$

0.62

 

 

$

(1.74

)

 

$

0.41

 

 

$

0.97

 

 

$

0.27

 

 

*

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