Company: CLH
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000822818-25-000030
Chunk: 35

Company: CLEAN HARBORS INC
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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 dilutive common shares during the period as determined by using the treasury stock method.

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Table of Contents

The following are computations of basic and diluted earnings per share (in thousands, except per share amounts): Three Months Ended June 30,Six Months Ended June 30, 2025202420252024Numerator for basic and diluted earnings per share:Net income$126,905 $133,280 $185,585 $203,112 Denominator:Weighted-average shares outstanding, basic53,593 53,932 53,675 53,931 Dilutive impact of equity awards206 316 220 300 Weighted-average shares outstanding, diluted53,799 54,248 53,895 54,231 Basic earnings per share:$2.37 $2.47 $3.46 $3.77 Diluted earnings per share:$2.36 $2.46 $3.44 $3.75 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 June 30,Six Months Ended June 30,2025202420252024Antidilutive restricted stock awards1 15 55 26 Performance stock awards for which performance criteria was not attained at reporting date97 161 97 161 

(13) ACCUMULATED OTHER COMPREHENSIVE LOSS

The changes in accumulated other comprehensive loss by component and related tax impacts for the six months ended June 30, 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 reclassifications24,714 120 (6,132)(33)18,669 Amounts reclassified out of