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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Sales $ 1,062.5 $ 897.9 $ 3,053.5 $ 2,337.5
Cost of sales 699.9 621.7 2,037.0 1,631.4
Gross profit 362.6 276.2 1,016.5 706.1
Selling, general and administrative expenses 135.7 122.8 413.4 356.4
Amortization expense 48.4 49.0 143.9 115.0
Operating expenses 184.1 171.8 557.3 471.4
Operating income 178.5 104.4 459.2 234.7
Acquisition related finance fees 0.0 0.0 0.0 26.1
Interest expense, net 80.6 90.5 248.7 202.7
Other expense (income) (2.6) 3.4 4.2 6.4
Income (loss) from continuing operations before income taxes and equity in loss of unconsolidated affiliates, net 100.5 10.5 206.3 (0.5)
Income tax expense (benefit) 26.6 0.1 50.9 (4.2)
Income from continuing operations before equity in (loss) earnings of unconsolidated affiliates, net 73.9 10.4 155.4 3.7
Equity in (loss) earnings of unconsolidated affiliates, net (0.8) 1.3 (2.4) 2.4
Net income from continuing operations 73.1 11.7 153.0 6.1
Loss from discontinued operations, net of tax (0.4) (6.0) (2.8) (2.6)
Net income 72.7 5.7 150.2 3.5
Less: Income attributable to noncontrolling interests of continuing operations, net of taxes 3.7 2.3 11.3 6.0
Net income (loss) attributable to Chart Industries, Inc. 69.0 3.4 138.9 (2.5)
Amounts attributable to Chart common shareholders        
Income from continuing operations 69.4 9.4 141.7 0.1
Less: Mandatory convertible preferred stock dividend requirement 6.8 6.8 20.4 20.5
Income (loss) from continuing operations attributable to Chart 62.6 2.6 121.3 (20.4)
Loss from discontinued operations, net of tax (0.4) (6.0) (2.8) (2.6)
Net income (loss) attributable to Chart common shareholders 62.2 (3.4) 118.5 (23.0)
Net income (loss) attributable to Chart common shareholders $ 62.2 $ (3.4) $ 118.5 $ (23.0)
Basic earnings per common share attributable to Chart Industries, Inc.        
Income (loss) from continuing operations (usd per share) $ 1.49 $ 0.06 $ 2.89 $ (0.49)
Loss from discontinued operations (usd per share) (0.01) (0.14) (0.07) (0.06)
Net income (loss) attributable to Chart Industries, Inc. — basic (usd per share) 1.48 (0.08) 2.82 (0.55)
Diluted earnings per common share attributable to Chart Industries, Inc.        
Income (loss) from continuing operations (usd per share) 1.34 0.05 2.59 (0.49)
Loss from discontinued operations (usd per share) (0.01) (0.12) (0.06) (0.06)
Net income (loss) attributable to Chart Industries, Inc. — diluted (usd per share) $ 1.33 $ (0.07) $ 2.53 $ (0.55)
Weighted-average number of common shares outstanding:        
Basic (shares) 42,050 41,980 42,040 41,960
Diluted (shares) 46,670 47,610 46,890 41,960
Other comprehensive (loss) income:        
Net income $ 72.7 $ 5.7 $ 150.2 $ 3.5
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustments, net 156.3 (48.0) 55.5 (46.4)
Pension liability adjustments, net of taxes 0.1 0.2 0.0 0.5
Other comprehensive income (loss), net of tax 156.4 (47.8) 55.5 (45.9)
Comprehensive income (loss), net of taxes 229.1 (42.1) 205.7 (42.4)
Less: Comprehensive income attributable to noncontrolling interests, net of taxes 4.2 2.4 11.7 5.5
Comprehensive income (loss) attributable to Chart Industries, Inc., net of taxes $ 224.9 $ (44.5) $ 194.0 $ (47.9)