The tables below compare targeted metrics with actual outcomes for each performance measure in the 2014 NEO
The annual bonus for our NEOs has paid out at 50% of target or less two out of the last three years and at 125% of target the other
year, which reflects that our performance targets are rigorous but achievable.
That the 2014 annual bonus for our NEOs paid out at only 50% of target is not
related to the underlying strength of our core business. We reported 2014 diluted EPS as determined in accordance with United States generally accepted accounting principles (U.S. GAAP) of $1.53 per share and adjusted diluted EPS, which
is not a measure determined in accordance with U.S. GAAP, of $1.96 per share. We believe that presenting adjusted diluted EPS will help you understand that our core business performed quite well for 2014 separate from those uncontrollable items that
had a disproportionate impact on our U.S. GAAP financial results.
The single largest component of the adjustment to diluted EPS was a $0.38 per share charge for
remediation and other matters at our closed landfill in Bridgeton, Missouri. During 2014, we updated our cost and timeline estimates to build and operate a leachate management facility and related infrastructure, manage the remediation area and
incur other costs related to the site. Accordingly, we recorded Bridgeton-related charges in 2014 of $227.1 million, which costs are expected to be spent over the next 35 years. For a reconciliation of our 2014 adjusted diluted EPS to U.S. GAAP
diluted EPS and additional information on why we use and how
Services, Inc. 2015 Proxy Statement 37