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Quarterly Results (Unaudited) (Text Block) | 12 Months Ended
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Dec. 31, 2016
Quarterly Results (Unaudited) [Abstract] |
Quarterly Financial Information [Text Block] | Quarterly Results (Unaudited)
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |  | Total Year
| (in thousands, except per share data)
2016 |  |  |  |  |  |  |  |  |
Statement of operations data (unaudited): |  |  |  |  |  |  |  |  |
Revenues | $ | 497,590 |  |  | $ | 513,024 |  |  | $ | 506,859 |  |  | $ | 495,713 |  |  | $ | 2,013,186 |
Gross profit | 163,203 |  |  | 169,705 |  |  | 170,749 |  |  | 156,663 |  |  | 660,320 |
Net income (loss) attributable to Itron, Inc. | 10,089 |  |  | 19,917 |  |  | (9,885 | ) |  | 11,649 |  |  | 31,770 |
Earnings (loss) per common share - Basic(1) | $ | 0.27 |  |  | $ | 0.52 |  |  | $ | (0.26 | ) |  | $ | 0.30 |  |  | $ | 0.83 |
Earnings (loss) per common share - Diluted(1) | $ | 0.26 |  |  | $ | 0.52 |  |  | $ | (0.26 | ) |  | $ | 0.30 |  |  | $ | 0.82 |
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |  | Total Year
| (in thousands, except per share data)
2015 |  |  |  |  |  |  |  |  |
Statement of operations data (unaudited): |  |  |  |  |  |  |  |  |
Revenues | $ | 446,746 |  |  | $ | 470,811 |  |  | $ | 469,528 |  |  | $ | 496,448 |  |  | $ | 1,883,533 |
Gross profit | 138,422 |  |  | 118,554 |  |  | 147,290 |  |  | 152,419 |  |  | 556,685 |
Net income (loss) attributable to Itron, Inc. | 5,398 |  |  | (14,346 | ) |  | 12,640 |  |  | 8,986 |  |  | 12,678 |
Earnings (loss) per common share - Basic(1) | $ | 0.14 |  |  | $ | (0.37 | ) |  | $ | 0.33 |  |  | $ | 0.23 |  |  | $ | 0.33 |
Earnings (loss) per common share - Diluted(1) | $ | 0.14 |  |  | $ | (0.37 | ) |  | $ | 0.33 |  |  | $ | 0.23 |  |  | $ | 0.33 |
(1) | The sum of the quarterly EPS data presented in the table may not equal the annual results due to rounding and the impact of dilutive securities on the annual versus the quarterly EPS calculations.
During the third quarter of 2016, we announced the 2016 Projects to restructure various company activities in order to improve operational efficiencies, reduce expenses and improve competiveness. As a result, we recognized $40.0 million and $7.8 million in restructuring costs during the third and fourth quarters of 2016, respectively, related to the 2016 Projects. For the year ended December 31, 2015, management concluded earnings fell below the threshold at which incentive compensation was appropriate. As a result, $13.3 million of previously accrued compensation expense was reversed in the fourth quarter of 2015. During the second quarter of 2015, we concluded it was necessary to issue a product replacement notification to customers of our Water segment who had purchased certain communication modules manufactured between July 2013 and December 2014. We determined that a component of the modules was failing prematurely. As a result, we recognized a warranty charge of $23.6 million during the second quarter of 2015.

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- 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
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