01—Abstract
Summary
Summary of the 10-Q filed April 30, 2010. Cited figures are marked; the original filing is the authoritative source.
Republic Services, Inc. (RSG) filed its quarterly report on Form 10-Q for the period ending March 31, 2010.
This filing provides investors with an overview of the company's financial performance and condition during the first quarter of 2010. Key financial statements, including consolidated balance sheets, income statements, statements of cash flows, and statements of stockholders' equity, are presented in an unaudited format. The report also includes Management's Discussion and Analysis (MD&A) of financial condition and results of operations, offering management's perspective on the company's performance and outlook.
Investors should pay close attention to the MD&A section, which typically details revenue trends, cost management, profitability drivers, and any significant events impacting the business. Additionally, the report covers other important information such as legal proceedings, risk factors, and controls and procedures, which are crucial for a comprehensive understanding of the company's operational and financial landscape. While specific financial figures are not detailed in the provided filing structure, this 10-Q serves as a primary source for evaluating RSG's quarterly performance and strategic positioning.
02—Key points
Key Highlights
- The 10-Q filing provides unaudited financial statements for the period ending March 31, 2010, including consolidated balance sheets, income statements, and cash flow statements.
- Management's Discussion and Analysis (MD&A) is included, offering insights into the company's financial condition and operational results for the quarter.
- Details on legal proceedings, risk factors, and internal controls and procedures are presented, providing a broader view of the company's operational environment.
- The report covers the three months ended March 31, 2010, and 2009, allowing for year-over-year comparison of performance.
- The filing structure indicates the presentation of notes to the consolidated financial statements, which are essential for a deeper understanding of accounting policies and financial data.
03—One dollar
Follow one dollar
Of each $1.00 of revenue in Q1 FY2010, Republic Services, Inc. kept $0.03.
- Revenue$1.96B100.0%
- Cost of revenue−$1.14B58.1%
- Gross profit$820.9M41.9%
- Operating costs−$439.6M22.5%
- Operating income$381.3M19.5%
- Interest, other & tax−$316.3M16.2%
- Net income$65.0M3.3%
04—Financials
Financial Highlights
Figures from 10-QQ1 FY2010filed April 30, 2010Financial Statements
Q1 FY2010 against Q1 FY2009
| Line item | Q1 FY2010Q1 FY2009 | Change |
|---|---|---|
| Revenue | $1.96B$2.06B | −5.0% |
| Cost of Revenue | $1.14B$1.21B | −5.9% |
| Gross Profit | $820.90M$851.80M | −3.6% |
| SG&A Expenses | $210.30M$217.50M | −3.3% |
| Operating Income | $381.30M$353.00M | +8.0% |
| Interest Expense | $134.50M$153.50M | −12.4% |
| Net Income | $65.00M$113.00M | −42.5% |
| EPS (Basic) | $0.17$0.30 | −43.3% |
| EPS (Diluted) | $0.17$0.30 | −43.3% |
| Shares Outstanding (Basic) | 381.40M378.90M | +0.7% |
| Shares Outstanding (Diluted) | 383.30M379.90M | +0.9% |
05—Questions
Frequently Asked Questions
What is the primary purpose of this 10-Q filing?
The primary purpose of this 10-Q filing is to provide investors with Republic Services, Inc.'s unaudited financial performance and condition for the first quarter of 2010, including detailed financial statements and management's analysis of the results and outlook.
Where can I find detailed financial results for the quarter?
Detailed financial results for the quarter can be found within the 'Financial Statements' section, which includes the Consolidated Balance Sheets, Statements of Income, and Statements of Cash Flows for the three months ended March 31, 2010, along with accompanying notes.
What information does Management's Discussion and Analysis (MD&A) typically provide?
The MD&A section typically provides management's perspective on the company's financial condition and results of operations. It often discusses revenue trends, cost drivers, profitability, liquidity, capital resources, and any significant trends or uncertainties that may affect future performance.
Are there any significant risks or legal issues mentioned in this filing?
The filing includes sections for 'Legal Proceedings' and 'Risk Factors,' which would detail any ongoing lawsuits, potential liabilities, and significant risks that could impact the company's business, financial condition, or results of operations.
06—Continue