XML 17 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Net Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Revenues $ 1,206,478 $ 1,084,922 $ 3,473,313 $ 2,327,241
Operating expenses:        
Cost of operations 695,122 636,310 2,024,402 1,339,764
Selling, general and administrative 128,200 129,576 383,600 349,995
Depreciation 136,941 125,744 395,008 270,988
Amortization of intangibles 26,613 26,944 76,886 48,719
Impairments and other operating items 832 7,682 141,333 4,634
Operating income 218,770 158,666 452,084 313,141
Interest expense (32,471) (27,621) (92,763) (65,291)
Interest income 1,656 171 3,131 447
Other income (expense), net 1,709 500 3,561 (268)
Foreign currency transaction gain (loss) (1,864) (350) (3,502) 339
Income before income tax provision 187,800 131,366 362,511 248,368
Income tax provision (64,390) (42,485) (100,220) (86,750)
Net income 123,410 88,881 262,291 161,618
Less: Net income attributable to noncontrolling interests (183) (264) (559) (670)
Net income attributable to Waste Connections $ 123,227 $ 88,617 $ 261,732 $ 160,948
Earnings per common share attributable to Waste Connections' common stockholders:        
Basic $ 0.47 $ 0.34 $ 0.99 $ 0.73
Diluted $ 0.47 $ 0.34 $ 0.99 $ 0.73
Shares used in the per share calculations:        
Basic 263,443,064 263,005,450 263,298,839 219,321,828
Diluted 264,299,472 263,650,138 264,109,383 220,064,670
Cash dividends per common share $ 0.120 $ 0.097 $ 0.360 $ 0.290