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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.