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Earnings per share for the years ended December 31, 2011, 2010 and 2009
are calculated as follows (in thousands, except per share amounts):
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2011 |
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2010 |
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2009 |
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Basic earnings per share:
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Net income attributable to Republic Services, Inc.
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$ |
589,200 |
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$ |
506,500 |
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$ |
495,000 |
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Weighted average common shares outstanding
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375,961 |
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382,985 |
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|
379,749 |
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Basic earnings per share
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$ |
1.57 |
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$ |
1.32 |
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$ |
1.30 |
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Diluted earnings per share:
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Net income attributable to Republic Services, Inc.
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$ |
589,200 |
|
|
$ |
506,500 |
|
|
$ |
495,000 |
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|
|
|
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Weighted average common shares outstanding
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|
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375,961 |
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|
|
382,985 |
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|
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379,749 |
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Effect of dilutive securities:
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Options to purchase common stock
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1,495 |
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|
1,895 |
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|
1,172 |
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Unvested restricted stock awards
|
|
|
149 |
|
|
|
231 |
|
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|
40 |
|
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Weighted average common and common equivalent shares outstanding
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377,605 |
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|
385,111 |
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|
380,961 |
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Diluted earnings per share
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$ |
1.56 |
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$ |
1.32 |
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$ |
1.30 |
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Antidilutive securities not included in the diluted earnings per share calculations:
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Options to purchase common stock
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4,546 |
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2,825 |
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|
9,836 |
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