01—Abstract
Summary
Summary of the 10-K/A filed May 5, 2008. Cited figures are marked; the original filing is the authoritative source.
This 10-K/A filing from Republic Services, Inc. (RSG) for the period ending December 30, 2007, primarily serves as an amendment and includes information related to equity compensation plans.
While not a full annual report, the provided excerpt focuses on the details of these plans as of December 31, 2007. Key information pertains to the number of securities outstanding under equity compensation plans, both approved and not approved by security holders, along with the weighted-average exercise price and remaining availability for future issuance.
The filing also confirms the authorized signatories for the report, including the Chief Financial Officer, and lists attached certifications by the CEO and CFO, as well as Section 1350 certifications. Investors should note that this amendment does not provide a comprehensive overview of the company's financial performance or strategic initiatives for the year.
02—Key points
Key Highlights
- The filing details equity compensation plans as of December 31, 2007, with 8.1 million securities outstanding under approved plans.
- The weighted-average exercise price for securities under approved equity compensation plans was $18.87.
- There were 13.9 million securities remaining available for future issuance under approved equity compensation plans.
- No equity compensation plans not approved by security holders were active as of the filing date.
- The filing includes certifications from the CEO and CFO regarding the accuracy of the report, as required by SEC rules.
- The report is signed by Tod C. Holmes, Senior Vice President and Chief Financial Officer, indicating his authorization.
- Various exhibits related to CEO and CFO certifications and Section 1350 certifications are listed as filed.
03—One dollar
Follow one dollar
Of each $1.00 of revenue in FY2007, Republic Services, Inc. kept $0.09.
- Revenue$3.18B100.0%
- Cost of revenue−$2.00B63.1%
- Gross profit$1.17B36.9%
- Operating costs−$636.3M20.0%
- Operating income$536.0M16.9%
- Interest, other & tax−$245.8M7.7%
- Net income$290.2M9.1%
Where FY2007 revenue went
$3.18B- Cost of revenue: $2.00B, 63% of revenue
- Net income: $290.2M, 9.1% of revenue
- SG&A: $313.7M, 9.9% of revenue
- Other operating costs: $322.6M, 10% of revenue
- Interest, other & tax: $245.8M, 7.7% of revenue
Kept 9.1% as net incomeNet income $290.2M · 9.1%
Full revenue history →04—Financials
Financial Highlights
Figures from 10-K/AFY2007filed May 5, 2008Financial Statements
| Revenue | $3.18B |
| Cost of Revenue | $2.00B |
| Gross Profit | $1.17B |
| SG&A Expenses | $313.70M |
| Operating Income | $536.00M |
| Interest Expense | $94.80M |
| Net Income | $290.20M |
| EPS (Basic) | $1.53 |
| EPS (Diluted) | $1.51 |
| Shares Outstanding (Basic) | 190.10M |
| Shares Outstanding (Diluted) | 192.00M |
05—Questions
Frequently Asked Questions
What is the primary purpose of this 10-K/A filing?
This filing is an Amendment (10-K/A) to Republic Services, Inc.'s annual report. The provided excerpt primarily focuses on detailing the company's equity compensation plans as of December 31, 2007, and includes required certifications.
How many shares are available for future issuance under Republic Services' equity compensation plans?
As of December 31, 2007, there were 13.9 million securities remaining available for future issuance under equity compensation plans approved by security holders.
What is the average exercise price for outstanding stock options or warrants?
The weighted-average exercise price for securities outstanding under approved equity compensation plans was $18.87 as of December 31, 2007.
Does this filing provide a detailed financial performance overview for 2007?
No, this specific excerpt from the 10-K/A filing does not provide a detailed financial performance overview for the fiscal year 2007. Its focus is on equity compensation plans and related certifications.
06—Continue