text: **REPUBLIC SERVICES, INC. AND SUBSIDIARIES**
  
  **NOTES TO CONSOLIDATED FINANCIAL STATEMENTS**
  **(All tables in millions, except per share data) Ì (Continued)**
  
  **9. EARNINGS PER SHARE**
  
  Basic earnings per share is computed by dividing net income by the weighted average number of common 
  shares (including deferred stock units) outstanding during the period. Diluted earnings per share is based on 
  the combined weighted average number of common shares and common share equivalents outstanding which 
  include, where appropriate, the assumed exercise of employee stock options and unvested restricted stock 
  awards. In computing diluted earnings per share, the Company utilizes the treasury stock method. 