v3.5.0.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Project revenue:        
Energy sales $ 40.7 $ 43.4 $ 138.4 $ 144.9
Energy capacity revenue 44.0 45.9 113.2 117.4
Other 16.5 18.2 54.2 59.5
Total project revenue 101.2 107.5 305.8 321.8
Project expenses:        
Fuel 36.8 41.1 110.8 125.3
Operations and maintenance 28.2 24.8 79.4 81.6
Development       1.1
Depreciation and amortization 25.3 27.8 75.6 83.8
Total project expenses 90.3 93.7 265.8 291.8
Project other income (loss):        
Change in fair value of derivative instruments (Notes 8 and 9) 9.0 3.6 20.0 8.7
Equity in earnings of unconsolidated affiliates (Note 5) 9.6 8.9 27.9 28.3
Interest, net (2.4) (2.1) (6.9) (6.2)
Impairment (Note 3) (84.7)   (84.7)  
Other income, net 0.5   0.4 2.2
Total project other income (expense) (68.0) 10.4 (43.3) 33.0
Project (loss) income (57.1) 24.2 (3.3) 63.0
Administrative and other expenses (income):        
Administration 5.7 6.9 17.6 23.0
Interest, net 20.0 41.0 87.9 91.3
Foreign exchange (gain) loss (3.4) (21.7) 19.1 (49.1)
Other income, net (Note 7) (1.7)   (3.9) (3.1)
Total administrative and other expenses (income) 20.6 26.2 120.7 62.1
(Loss) income from continuing operations before income taxes (77.7) (2.0) (124.0) 0.9
Income tax (benefit) expense (Note 10) 2.6 1.4 (14.2) (0.3)
(Loss) income from continuing operations (80.3) (3.4) (109.8) 1.2
Net (loss) income from discontinued operations, net of tax (Note 4)   (0.5)   20.6
Net (loss) income (80.3) (3.9) (109.8) 21.8
Net loss attributable to noncontrolling interests       (11.0)
Net income attributable to preferred shares dividends of a subsidiary company 2.1 2.1 6.4 6.7
Net (loss) income attributable to Atlantic Power Corporation $ (82.4) $ (6.0) $ (116.2) $ 26.1
Basic and diluted (loss) income per share: (Note 12)        
Loss from continuing operations attributable to Atlantic Power Corporation $ (0.69) $ (0.05) $ (0.96) $ (0.05)
Income from discontinued operations, net of tax       0.26
Net (loss) income attributable to Atlantic Power Corporation $ (0.69) $ (0.05) $ (0.96) $ 0.21
Weighted average number of common shares outstanding: (Note 12)        
Basic (in shares) 119.3 122.1 120.9 121.8
Diluted (in shares) 119.3 122.2 120.9 121.9
Dividends per common share (in dollars per share)   $ 0.02   $ 0.07