Company: CLH
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000822818-25-000019
Chunk: 33

Company: CLEAN HARBORS INC
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 1
Chunk 33
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 weighted-average number of common shares outstanding. The computation of diluted EPS is based on the weighted-average number of common shares outstanding and potential dilutive common shares during the period as determined by using the treasury stock method.The following are computations of basic and diluted earnings per share (in thousands, except per share amounts):Three Months Ended March 31, 20252024Numerator for basic and diluted earnings per share:Net income$58,680 $69,832 Denominator:Weighted-average shares outstanding, basic53,759 53,930 Dilutive impact of equity awards234 283 Weighted-average shares outstanding, diluted53,993 54,213 Basic earnings per share:$1.09 $1.29 Diluted earnings per share:$1.09 $1.29 In the table above, potentially dilutive shares include the dilutive effect of unvested restricted stock awards and employee stock purchase plan (“ESPP”) rights (collectively referred to as “equity awards”). Potentially dilutive shares whose effect would have been antidilutive are excluded from the computation of diluted earnings per share. The Company included all outstanding performance awards, restricted stock awards and ESPP rights in the calculation of diluted earnings per share except as shown in the table below (in thousands): Three Months Ended March 31,20252024Antidilutive restricted stock awards60 3 Performance stock awards for which performance criteria was not attained at reporting date104 160 

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(13) ACCUMULATED OTHER COMPREHENSIVE LOSS

The changes in accumulated other comprehensive loss by component and related tax impacts for the three months ended March 31, 2025 were as follows (in thousands):Foreign Currency TranslationAdjustmentsUnrealized Gain on Available-For-Sale SecuritiesUnrealized Gain on Fair Value of Interest Rate HedgesUnrealized Loss on PensionTotalBalance at January 1, 2025$(236,702)$33 $23,652 $(618)$(213,635)Other comprehensive income (loss) before reclassifications688 88 (4,254)(1)(3,479)Amounts reclassified out of accumulated other comprehensive loss— — (3,539)— (3,539)Tax (provision) benefit— (18)2,104 — 2,086 Other comprehensive income (loss)688 70 (5,689)(1)(4,