Company: CLH
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000822818-25-000040
Chunk: 94

Company: CLEAN HARBORS INC
Filing Date: 2025-10-29
Form: 10-Q
Item: Part I, Item 8
Chunk 94
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s are reclassified from accumulated other comprehensive loss into interest expense on the unaudited consolidated statement of operations in the same period or periods during which the hedged transactions affect earnings. The Company’s debt transactions entered into on October 9, 2025 will not impact the cash flow hedge classification of the 2022 Swaps. 

(12) EARNINGS PER SHARE 

The computation of basic earnings per share (EPS) is based on the 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.

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The following are computations of basic and diluted earnings per share (in thousands, except per share amounts): Three Months Ended September 30,Nine Months Ended September 30, 2025202420252024Numerator for basic and diluted earnings per share:Net income$118,799 $115,213 $304,384 $318,325 Denominator:Weighted-average shares outstanding, basic53,518 53,951 53,659 53,936 Dilutive impact of equity awards195 278 212 293 Weighted-average shares outstanding, diluted53,713 54,229 53,871 54,229 Basic earnings per share:$2.22 $2.14 $5.67 $5.90 Diluted earnings per share:$2.21 $2.12 $5.65 $5.87 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 September 30,Nine Months Ended September 30,2025202420252024Antidilutive restricted stock awards2 5 9 6 Performance stock awards for which performance criteria was not attained at reporting date95 160 95 160 

(13) ACCUMULATED OTHER COMPREHENSIVE LOSS

The changes in accumulated other comprehensive loss by component and related tax impacts for the