(LOSS) EARNINGS PER COMMON SHARE (Tables)

3 Months Ended

Mar. 31, 2019

Computation of Basic and Diluted (Loss) Earnings Per Share

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

In millions, except per share data
	Three Months Ended March 31,
	2019			2018
Numerator:
Net (loss) income attributable to Stericycle, Inc.	$	(37.8	)	$	22.5
Mandatory convertible preferred stock dividend		-			(8.8	)
Gain on repurchases of preferred stock		-			7.3
Numerator for basic (loss) earnings per share attributable to Stericycle, Inc. common shareholders	$	(37.8	)	$	21.0
Denominator:
Denominator for basic (loss) earnings per share - weighted average shares		90.7			85.5
Effect of dilutive securities:
Stock-based compensation awards ⁽¹⁾		-			0.3
Mandatory convertible preferred stock ⁽²⁾		-			-
Denominator for diluted earnings (loss) per share - adjusted weighted average shares and after assumed exercises		90.7			85.8
(Loss) earnings per share – Basic	$	(0.42	)	$	0.25
(Loss) earnings per share – Diluted ⁽¹⁾	$	(0.42	)	$	0.25

⁽¹⁾

^{For the three months ended March 31, 2019, 67 incremental shares (in thousands) related to RSU’s were not included in the computation of diluted loss per share because of the net loss during this period.}

⁽²⁾

^{Weighted average common shares (in thousands), issuable upon the assumed conversion of the Series A, totaling 4,903, were excluded from the computation of diluted earnings per share for the three months ended March 31, 2018, as such conversion would have been anti-dilutive.}