REPUBLIC SERVICES, INC. RSG Income Statement

Republic services, inc. (RSG)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Revenue
2,553,900	2,576,600	2,646,900	2,605,300	2,470,600	2,529,900	2,565,700	2,517,800	2,427,500	2,560,000	2,562,000	2,526,700	2,392,800	2,379,100	2,409,300	2,350,700	2,248,600	2,290,200	2,344,000	2,311,400	2,169,400	2,229,000	2,267,900	2,229,200	2,077,200	2,141,500	2,165,400	2,111,700	1,998,600	2,028,400	2,046,900	2,060,600	1,982,400	2,025,200	2,116,200	2,086,600	1,964,900	2,020,800	2,061,700	2,066,400	1,957,700	1,999,000	2,073,500	2,066,100	2,060,500	834,000	827,500
Expenses:
Cost of operations
1,550,100	1,543,900	1,631,400	1,617,000	1,506,100	1,525,600	1,577,400	1,577,200	1,469,800	1,593,000	1,580,100	1,557,400	1,484,100	1,465,200	1,476,700	1,440,700	1,381,400	1,403,700	1,390,200	1,420,400	1,304,300	1,540,400	1,401,100	1,376,900	1,324,700	1,284,000	1,317,600	1,410,000	1,223,100	1,283,500	1,280,500	1,238,500	1,203,200	1,207,600	1,260,000	1,237,800	1,159,700	1,184,800	1,224,900	1,218,300	1,136,800	1,201,100	1,207,500	1,226,900	1,208,700	499,500	577,500
Depreciation, amortization and depletion
268,600	257,500	267,300	264,200	251,500	252,400	262,400	255,500	263,100	267,300	260,800	258,300	249,900	245,400	252,400	250,100	243,200	244,200	247,100	245,900	233,400	227,900	235,600	230,300	213,100	226,400	224,400	217,000	209,600	216,400	203,500	214,900	213,700	214,200	215,000	208,600	205,800	205,300	211,600	213,800	203,000	211,000	218,300	218,600	221,800	77,300	76,200
Accretion
20,900	20,400	20,500	20,500	20,500	20,000	20,100	20,200	20,400	19,900	20,000	19,900	20,000	19,800	19,700	19,800	19,800	20,300	19,700	19,700	19,700	19,600	19,500	19,400	19,500	19,000	19,200	19,200	19,200	19,300	19,700	19,700	19,700	19,400	19,400	19,500	19,700	20,000	20,100	20,200	20,200	21,400	22,200	21,900	23,300	4,600	4,500
Selling, general and administrative
277,100	285,600	275,400	264,500	266,400	284,500	260,900	252,900	261,200	274,300	266,700	262,900	253,500	249,700	235,400	243,500	241,200	263,600	244,100	236,200	239,200	255,100	229,000	221,000	213,800	209,500	209,600	228,200	206,500	207,400	193,800	197,300	222,400	213,900	207,500	200,100	203,900	227,500	209,400	210,800	210,300	221,700	225,400	215,800	217,500	85,600	83,700
Withdrawal costs - multiemployer pension funds
4,300	-	-	-	0	-	-	-	-	100	0	0	1,100	0	0	0	5,600	4,500	0	0	0	-	300	1,500	-	0	41,600	53,900	62,200	1,200	31,300	3,200	100	-	0	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on business divestitures and impairments, net
3,900	-8,800	24,000	-200	-300	39,600	4,600	0	700	6,800	17,400	1,400	8,300	100	0	0	0	-	-	-	-	-	-	-	-	0	0	800	1,100	-700	-200	0	3,600	-3,300	-5,800	-19,400	400	8,000	-25,500	-1,100	-500	281,300	900	-150,100	4,900	0	0
Restructuring charges
3,800	1,200	8,500	1,500	3,000	3,900	9,200	3,800	9,500	5,400	3,700	4,100	4,400	7,100	7,200	14,500	11,900	0	0	0	0	-	0	1,800	-	0	700	3,000	4,900	11,100	0	0	0	-	-	-	-	1,800	2,600	1,400	5,600	7,300	12,300	12,300	31,300	0	0
Operating income
433,000	459,200	467,800	437,400	422,800	483,100	440,300	408,200	404,200	406,800	448,100	425,500	388,100	392,000	417,900	382,100	345,500	353,900	442,900	389,200	372,800	166,300	382,400	378,300	306,100	402,600	352,300	181,200	274,200	288,800	317,900	387,000	326,900	366,800	408,500	401,200	376,200	389,400	367,600	400,800	381,300	329,200	386,900	520,700	353,000	167,000	85,600
Interest expense
96,600	95,100	98,000	98,500	100,400	96,500	96,000	96,500	94,800	93,000	90,000	89,500	89,400	90,100	96,300	92,200	92,700	93,000	91,800	91,500	88,600	87,800	87,000	86,900	87,000	90,200	90,000	90,200	89,600	92,200	93,200	98,800	104,300	104,800	108,300	111,400	115,700	120,400	122,000	130,500	134,500	147,100	144,800	150,500	153,500	22,600	-21,100
Loss from unconsolidated equity method investments
-13,200	-108,100	-4,000	11,500	-11,600	-30,300	-5,600	100	0	-35,600	2,200	3,100	2,900	6,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of debt
-	-	0	0	-	-	0	-300	-	-	0	0	-	-	-196,200	-	-	-	0	-	-	-	0	-1,400	-	0	0	-300	-1,800	0	-2,300	-110,300	0	-3,500	-6,000	-199,500	-1,800	-9,100	-19,400	0	-132,300	-	-31,800	-	-	0	-
Interest income
300	1,100	2,000	1,400	1,900	700	500	200	200	100	300	300	300	0	200	200	500	300	100	100	300	100	100	300	100	200	100	100	300	200	300	200	300	0	0	100	200	-	400	100	-	300	500	500	700	2,600	2,500
Other (loss) income, net
-900	4,800	1,700	-200	100	200	1,100	1,100	1,000	1,900	500	200	100	-1,100	1,300	1,600	-700	700	-400	900	0	400	-100	400	1,000	800	1,000	300	200	2,300	400	500	200	500	1,800	900	1,100	700	3,100	-100	1,700	400	1,300	1,300	200	-1,600	700
Income before income taxes
322,600	284,900	369,500	328,600	312,800	357,400	340,300	312,600	310,600	295,800	356,700	333,400	296,200	294,700	126,900	291,700	252,600	261,900	350,800	298,700	284,500	79,000	295,400	290,700	220,200	313,400	263,400	91,100	183,300	199,100	223,100	178,600	223,100	259,000	296,000	91,300	260,000	260,800	229,700	270,300	116,200	80,500	212,100	372,000	200,400	145,400	67,700
Provision for income taxes
75,800	-5,100	71,500	77,700	77,900	56,300	77,400	76,900	72,700	-368,700	133,400	130,000	108,400	105,100	41,200	110,700	95,700	89,500	135,600	108,400	112,000	28,500	109,600	111,700	87,600	76,700	92,300	34,700	58,400	72,100	70,300	29,100	80,300	68,000	102,400	45,100	101,900	112,900	95,200	110,400	51,000	44,600	91,100	145,800	87,000	56,700	27,000
Net income
246,800	290,000	298,000	250,900	234,900	301,100	262,900	235,700	237,900	664,500	223,300	203,400	187,800	189,600	85,700	181,000	156,900	172,400	215,200	190,300	172,500	50,500	185,800	179,000	132,600	236,700	171,100	56,400	124,900	127,000	152,800	149,500	142,800	191,000	193,600	46,200	158,100	147,900	134,500	159,900	65,200	35,900	121,000	226,200	113,400	88,700	40,700
Net income attributable to non-controlling interests in consolidated subsidiary
500	700	-300	-600	700	200	-500	800	200	0	100	500	0	100	100	200	200	200	200	0	100	200	0	0	100	100	-300	100	300	0	100	300	-100	0	100	-300	-100	300	300	200	200	300	500	300	400	0	0
Net income attributable to Republic Services, Inc.
246,300	289,286	298,300	251,500	234,200	300,898	263,400	234,900	237,700	664,474	223,200	202,900	187,800	189,488	85,600	180,800	156,700	172,206	215,000	190,300	172,400	50,300	185,800	179,000	132,500	236,600	171,400	56,300	124,600	127,000	152,700	149,200	142,900	191,000	193,500	46,500	158,200	147,600	134,200	159,700	65,000	35,600	120,500	225,900	113,000	88,700	40,700
Basic earnings per share attributable to Republic Services, Inc. stockholders:
Basic earnings per share (in dollars per share)
0.77	0.90	0.93	0.78	0.73	0.92	0.81	0.72	0.72	1.98	0.66	0.60	0.55	0.56	0.25	0.53	0.45	0.49	0.62	0.54	0.49	0.15	0.52	0.50	0.37	0.66	0.47	0.16	0.34	0.34	0.42	0.41	0.39	0.52	0.52	0.12	0.41	0.38	0.35	0.42	0.17	0.08	0.32	0.60	0.30	0.49	0.22
Weighted average common shares outstanding (in shares)
319,577	319,599	320,633	321,718	322,282	324,085	325,483	327,365	330,655	333,730	336,549	338,057	339,868	340,191	342,611	343,891	345,403	347,000	348,935	350,700	353,301	354,448	356,252	356,213	359,779	360,934	361,672	362,948	362,662	363,245	365,404	367,886	370,997	370,293	373,182	378,197	382,172	384,024	384,007	382,509	381,400	380,999	379,732	379,169	378,900	182,300	182,000
Diluted earnings per share attributable to Republic Services, Inc. stockholders:
Diluted earnings per share (in dollars per share)
0.77	0.90	0.93	0.78	0.72	0.92	0.81	0.71	0.72	1.96	0.66	0.60	0.55	0.56	0.25	0.52	0.45	0.49	0.61	0.54	0.49	0.14	0.52	0.50	0.37	0.66	0.47	0.15	0.34	0.35	0.42	0.40	0.38	0.51	0.52	0.12	0.41	0.38	0.35	0.42	0.17	0.09	0.32	0.59	0.30	0.48	0.22
Weighted average common and common equivalent shares outstanding (in shares)
320,231	320,035	321,710	322,765	323,450	325,550	326,944	328,830	332,208	335,602	338,474	339,972	341,876	341,635	343,980	345,220	346,725	348,436	350,281	352,025	354,810	356,138	357,740	357,582	360,968	362,207	363,002	364,387	364,092	364,288	366,431	368,871	372,490	371,579	374,695	380,166	383,980	386,356	386,078	384,710	383,300	383,034	381,134	379,932	379,900	184,100	183,900
Cash dividends per common share (in dollars per share)
0.40	0.40	0.40	0.37	0.37	0.37	0.37	0.34	0.34	0.34	0.34	0.32	0.32	0.32	0.32	0.30	0.30	0.30	0.30	0.28	0.28	0.28	0.28	0.26	0.26	0.26	0.26	0.23	0.23	0.23	0.23	0.22	0.22	0.22	0.22	0.20	0.20	0.20	0.20	0.19	0.19	0.19	0.19	0.19	0.19	0.19	0.17