v2.4.0.6

Selected Quarterly Financial Data (unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2011
Selected Quarterly Financial Data (unaudited) [Abstract] |
Results of operations | The following tables summarize our unaudited consolidated quarterly results of operations as reported for 2011 and 2010:
|  | First Quarter |  |  | Second Quarter |  |  | Third Quarter |  |  | Fourth Quarter |
2011: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue |  | $ | 1,964.9 |  |  | $ | 2,086.6 |  |  | $ | 2,116.2 |  |  | $ | 2,025.2 |
Operating income |  |  | 376.2 |  |  |  | 401.2 |  |  |  | 408.5 |  |  |  | 366.7 |
Net income |  |  | 158.1 |  |  |  | 46.2 |  |  |  | 193.6 |  |  |  | 191.0 |
Net income attributable to Republic Services, Inc. |  |  | 158.2 |  |  |  | 46.5 |  |  |  | 193.5 |  |  |  | 191.0 |
Diluted earnings per common share |  |  | 0.41 |  |  |  | 0.12 |  |  |  | 0.52 |  |  |  | 0.51 |
2010: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue |  | $ | 1,957.7 |  |  | $ | 2,066.4 |  |  | $ | 2,061.7 |  |  | $ | 2,020.8 |
Operating income |  |  | 381.3 |  |  |  | 400.8 |  |  |  | 367.6 |  |  |  | 389.4 |
Net income |  |  | 65.2 |  |  |  | 159.9 |  |  |  | 134.5 |  |  |  | 147.9 |
Net income attributable to Republic Services, Inc. |  |  | 65.0 |  |  |  | 159.7 |  |  |  | 134.2 |  |  |  | 147.6 |
Diluted earnings per common share |  |  | 0.17 |  |  |  | 0.42 |  |  |  | 0.35 |  |  |  | 0.38 |
Gains, charges (recoveries) and expenses that impacted operating income | During 2011 and 2010, we recorded a number of gains, charges (recoveries) and expenses that impacted our net income during each of the quarters as follows:
|  | First Quarter |  |  | Second Quarter |  |  | Third Quarter |  |  | Fourth Quarter |  |  | Total |
2011: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loss on extinguishment of debt |  | $ | 1.8 |  |  | $ | 199.5 |  |  | $ | 6.0 |  |  | $ | 3.5 |  |  | $ | 210.8 |
(Gain) loss on disposition of assets and impairments, net |  |  | (0.4 | ) |  |  | 19.4 |  |  |  | 5.8 |  |  |  | 3.3 |  |  |  | 28.1 |
|  | First Quarter |  |  | Second Quarter |  |  | Third Quarter |  |  | Fourth Quarter |  |  | Total |
2010: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loss on extinguishment of debt |  | $ | 132.3 |  |  | $ | - |  |  | $ | 19.4 |  |  | $ | 9.1 |  |  | $ | 160.8 |
Costs to achieve synergies |  |  | 9.1 |  |  |  | 8.5 |  |  |  | 7.4 |  |  |  | 8.3 |  |  |  | 33.3 |
Restructuring charges |  |  | 5.6 |  |  |  | 1.4 |  |  |  | 2.6 |  |  |  | 1.8 |  |  |  | 11.4 |
Loss (gain) on disposition of assets and impairments, net |  |  | 0.5 |  |  |  | 1.1 |  |  |  | 25.5 |  |  |  | (8.0 | ) |  |  | 19.1 |

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