XML 110 R8.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Share Capital
Treasury Shares
Additional Paid-in Capital
Contributed Surplus
Accumulated Other Comprehensive Loss
 [1]
Retained Earnings (Losses)
Non-controlling Interests
Balance at beginning of the period at Dec. 31, 2016 $ 1,909,826 $ 101,081 $ (20,483) $ 1,488,556 $ 200,000 $ (9,542) $ 103,650 $ 46,564
Increase (Decrease) in Stockholders' Equity                
Net (loss)/income (145,279)           (179,703) 34,424
Dividends (19,689)           (19,689)  
Exercise of share options (1,166) 38   (1,204)        
Employee stock compensation 11,098     11,098        
Forfeiture of employee stock compensation (120)     (120)        
Issuance of convertible bonds 39,861     39,861        
Other comprehensive income 1,773         1,773    
Balance at end of the period at Dec. 31, 2017 1,796,304 101,119 (20,483) 1,538,191 200,000 (7,769) (95,742) 80,988
Increase (Decrease) in Stockholders' Equity                
Net (loss)/income (168,214)           (231,428) 63,214
Dividends (57,958)           (37,076) (20,882)
Exercise of share options 2,686 184   2,502        
Employee stock compensation 13,992     14,125     (133)  
Forfeiture of employee stock compensation (2,090)     (2,090)        
Effect of consolidating Hilli Lessor VIE 28,703             28,703
Issuance of convertible bonds 177,977     304,468       (126,491)
Conversion of debt to equity 55,134             55,134
Other comprehensive income (20,743)         (20,743)    
Balance at end of the period at Dec. 31, 2018 1,825,791 101,303 (20,483) 1,857,196 200,000 (28,512) (364,379) 80,666
Increase (Decrease) in Stockholders' Equity                
Net (loss)/income (122,375)           (211,956) 89,581
Dividends (51,749)           (28,810) (22,939)
Employee stock compensation 9,371     9,371        
Forfeiture of employee stock compensation (489)     (489)        
Effect of consolidating Hilli Lessor VIE 115,246     9,989       105,257
Other comprehensive income (6,354)         (6,354)    
Treasury shares (18,615)   (18,615)          
Balance at end of the period at Dec. 31, 2019 $ 1,750,826 $ 101,303 $ (39,098) $ 1,876,067 $ 200,000 $ (34,866) $ (605,145) $ 252,565
[1] As at December 31, 2019, 2018 and 2017, our accumulated other comprehensive (loss)/income consisted of $3.1 million (loss), $3.6 million (gain) and $0.2 million (gain) of pension and post retirement benefit plan adjustments and $3.3 million (loss), $24.3 million (loss) and $1.6 million (gain) of our share of affiliates comprehensive (loss)/income, respectively.