XML 47 R26.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Quarterly Data (unaudited) | 12 Months Ended
--- | ---
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Information | Quarterly Data (Unaudited) Selected quarterly data for the years ended December 31, 2015 and 2014 are as follows:
| Year Ended December 31, 2015
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |  | Total
Sales | $ | 245,105 |  |  | $ | 270,252 |  |  | $ | 264,047 |  |  | $ | 260,756 |  |  | $ | 1,040,160 |
Gross profit | 72,523 |  |  | 74,880 |  |  | 68,289 |  |  | 72,772 |  |  | 288,464 |
Operating income (loss) (1) | 14,957 |  |  | 25,129 |  |  | 15,609 |  |  | (238,918 | ) |  | (183,223 | )
Net income (loss) | 5,275 |  |  | 17,082 |  |  | 4,271 |  |  | (231,144 | ) |  | (204,516 | )
Net income (loss) attributable to Chart Industries, Inc. | 5,246 |  |  | 17,157 |  |  | 4,760 |  |  | (230,123 | ) |  | (202,960 | )
Net income (loss) attributable to Chart Industries, Inc. per share—basic (2) | $ | 0.17 |  |  | $ | 0.56 |  |  | $ | 0.16 |  |  | $ | (7.54 | ) |  | $ | (6.66 | )
Net income (loss) attributable to Chart Industries, Inc. per share—diluted (2) (3) | $ | 0.17 |  |  | $ | 0.56 |  |  | $ | 0.15 |  |  | $ | (7.54 | ) |  | $ | (6.66 | )
_______________
(1) | Includes impairment of goodwill and intangible assets totaling $253,560 as described in Note 3, Asset Impairments, to the consolidated financial statements.
(2) | Basic and diluted (loss) earnings per share are computed independently for each of the quarters presented. As such, the sum of quarterly basic and diluted (loss) earnings per share may not equal reported annual basic and diluted (loss) earnings per share.
(3) | Zero incremental shares from share-based awards are included in the computation of diluted net loss per share for periods in which a net loss occurs, because to do so would be anti-dilutive.
| Year Ended December 31, 2014
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |  | Total
Sales | $ | 266,240 |  |  | $ | 306,810 |  |  | $ | 293,841 |  |  | $ | 326,061 |  |  | $ | 1,192,952 |
Gross profit | 77,546 |  |  | 92,181 |  |  | 91,233 |  |  | 96,894 |  |  | 357,854 |
Operating income (1) | 22,146 |  |  | 34,044 |  |  | 40,355 |  |  | 41,612 |  |  | 138,157 |
Net income | 12,339 |  |  | 20,371 |  |  | 23,152 |  |  | 27,210 |  |  | 83,072 |
Net income attributable to Chart Industries, Inc. | 11,997 |  |  | 20,069 |  |  | 22,851 |  |  | 26,947 |  |  | 81,864 |
Net income attributable to Chart Industries, Inc. per share—basic (2) | $ | 0.40 |  |  | $ | 0.66 |  |  | $ | 0.75 |  |  | $ | 0.89 |  |  | $ | 2.69 |
Net income attributable to Chart Industries, Inc. per share—diluted (2) | $ | 0.38 |  |  | $ | 0.65 |  |  | $ | 0.74 |  |  | $ | 0.88 |  |  | $ | 2.67 |
_______________
(1) | Includes recovery of $5,003 increasing operating income during the fourth quarter of 2014 from an escrow settlement for breaches of representations and warranties relating to warranty costs (which are in excess of the settlement amount) for certain product lines acquired from AirSep in 2012. We continue to pursue recovery for breaches of representations and warranties related to warranty costs for certain product lines acquired from AirSep in 2012 under our representation and warranty insurance coverage that exists from the acquisition.
(2) | Basic and diluted (loss) earnings per share are computed independently for each of the quarters presented. As such, the sum of quarterly basic and diluted (loss) earnings per share may not equal reported annual basic and diluted (loss) earnings per share.

X
- References No definition available. + Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e765-108305 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=51825399&loc=d3e1280-108306 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e725-108305 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
Name: | us-gaap_QuarterlyFinancialInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration