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Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Sales $ 240,531 $ 203,930 $ 682,839 $ 644,782
Cost of sales 170,129 134,307 493,562 435,507
Gross profit 70,402 69,623 189,277 209,275
Selling, general, and administrative expenses 56,714 45,430 159,346 143,862
Amortization expense 3,240 2,912 9,301 9,156
Asset impairments 0 1,217 0 1,217
Operating expenses 59,954 49,559 168,647 154,235
Operating income [1] 10,448 20,064 20,630 55,040
Other expenses:        
Interest expense, net 4,828 4,291 13,045 12,556
Financing costs amortization 321 321 963 963
Foreign currency loss 1,286 4 1,790 117
Other expenses, net 6,435 4,616 15,798 13,636
Income before income taxes 4,013 15,448 4,832 41,404
Income tax expense 1,907 1,764 2,346 12,829
Net income 2,106 13,684 2,486 28,575
Less: Income (loss) attributable to noncontrolling interests, net of taxes 596 (1,341) 1,105 (2,952)
Net income attributable to Chart Industries, Inc. $ 1,510 $ 15,025 $ 1,381 $ 31,527
Net income attributable to Chart Industries, Inc. per common share:        
Basic $ 0.05 $ 0.49 $ 0.04 $ 1.03
Diluted $ 0.05 $ 0.48 $ 0.04 $ 1.02
Weighted-average number of common shares outstanding:        
Basic 30,755 30,585 30,726 30,578
Diluted 31,311 31,064 31,288 30,940
Comprehensive income, net of taxes $ 10,331 $ 13,932 $ 25,070 $ 29,235
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of taxes 641 (1,364) 1,189 (3,069)
Comprehensive income attributable to Chart Industries, Inc., net of taxes $ 9,690 $ 15,296 $ 23,881 $ 32,304
[1] Includes restructuring costs of $2,749 and $305 for the three months ended September 30, 2017 and 2016, respectively, and $12,417 and $6,303 for the nine months ended September 30, 2017 and 2016 respectively.