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Stock Repurchases, Dividends and Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2020
Equity [Abstract]  
Stock repurchase activity
Stock repurchase activity during the three months ended March 31, 2020 and 2019 follows (in millions, except per share amounts):
Three Months Ended March 31,
20202019
Number of shares repurchased1.2  1.5  
Amount paid $98.8  $111.5  
Weighted average cost per share$85.06  $74.76  
Earnings per share
Earnings per share for the three months ended March 31, 2020 and 2019 are calculated as follows (in thousands, except per share amounts):
Three Months Ended March 31,
 20202019
Basic earnings per share:
Net income attributable to Republic Services, Inc.$246,300  $234,200  
Weighted average common shares outstanding319,577  322,282  
Basic earnings per share$0.77  $0.73  
Diluted earnings per share:
Net income attributable to Republic Services, Inc.$246,300  $234,200  
Weighted average common shares outstanding319,577  322,282  
Effect of dilutive securities:
Options to purchase common stock92  504  
Unvested RSU awards217  227  
Unvested PSU awards
345  437  
Weighted average common and common equivalent shares outstanding
320,231  323,450  
Diluted earnings per share$0.77  $0.72