XML 47 R27.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Quarterly Data (unaudited) | 12 Months Ended
--- | ---
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Information | Quarterly Data (Unaudited) Selected quarterly data for the years ended December 31, 2016 and 2015 are as follows:
| Year Ended December 31, 2016
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |  | Total
Sales | $ | 193,757 |  |  | $ | 247,095 |  |  | $ | 203,930 |  |  | $ | 214,372 |  |  | $ | 859,154 |
Gross profit | 52,701 |  |  | 86,951 |  |  | 69,623 |  |  | 57,098 |  |  | 266,373 |
Operating income (1) | 37 |  |  | 34,939 |  |  | 20,064 |  |  | 2,332 |  |  | 57,372 |
Net (loss) income | (4,672 | ) |  | 19,563 |  |  | 13,684 |  |  | (3,878 | ) |  | 24,697 |
Net (loss) income attributable to Chart Industries, Inc. | (4,651 | ) |  | 21,153 |  |  | 15,025 |  |  | (3,290 | ) |  | 28,237 |
Net (loss) income attributable to Chart Industries, Inc. per share—basic (2) | $ | (0.15 | ) |  | $ | 0.69 |  |  | $ | 0.49 |  |  | $ | (0.11 | ) |  | $ | 0.92 |
Net income (loss) attributable to Chart Industries, Inc. per share—diluted (2) (3) | $ | (0.15 | ) |  | $ | 0.68 |  |  | $ | 0.48 |  |  | $ | (0.11 | ) |  | $ | 0.91 |
_______________
(1) | During the third quarter of 2016, the Company recovered for breaches of representations and warranties primarily related to warranty costs for certain product lines acquired in the 2012 acquisition of AirSep under the related representation and warranty insurance. For the year ended December 31, 2016, this reduced BioMedical segment’s cost of sales by $15,145 and Corporate SG&A expenses by $376, net of associated legal fees recorded in 2016. The 2016 operating income also includes impairment of goodwill and intangible assets totaling $1,217 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, 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 (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.

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 quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=68076893&loc=d3e1570-108306 Reference 2: 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=68064558&loc=d3e765-108305 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=68064558&loc=d3e725-108305 + Details
Name: | us-gaap_QuarterlyFinancialInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration