XML 56 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues:        
Total revenues $ 630,735 $ 644,068 $ 1,245,976 $ 1,250,996
Cost of sales (excluding depreciation and amortization expense):        
Selling, general and administrative 94,134 90,450 188,973 179,875
Depreciation and amortization 88,909 90,412 174,020 178,611
Long-lived asset impairment 128,543 2,063 132,665 2,063
Restructuring charges 1,266   4,313  
Interest expense 36,968 34,586 74,959 71,756
Equity in income of non-consolidated affiliates (4,728)   (42,067)  
Other (income) expense, net 8,752 (2,853) 2,657 (2,930)
Total Costs and Expenses 790,244 685,329 1,397,379 1,323,253
Loss before income taxes (159,509) (41,261) (151,403) (72,257)
Benefit from income taxes (35,502) (14,113) (35,845) (17,580)
Loss from continuing operations (124,007) (27,148) (115,558) (54,677)
Loss from discontinued operations, net of tax (42,891) (3,076) (44,053) (6,011)
Net loss (166,898) (30,224) (159,611) (60,688)
Less: Net loss attributable to the noncontrolling interest 14,290 2,198 12,498 2,632
Net loss attributable to Exterran stockholders (152,608) (28,026) (147,113) (58,056)
Basic loss per common share:        
Loss from continuing operations attributable to Exterran stockholders (in dollars per share) $ (1.73) $ (0.40) $ (1.63) $ (0.83)
Loss from discontinued operations attributable to Exterran stockholders (in dollars per share) $ (0.67) $ (0.05) $ (0.69) $ (0.10)
Net loss attributable to Exterran stockholders (in dollars per share) $ (2.40) $ (0.45) $ (2.32) $ (0.93)
Diluted loss per common share:        
Loss from continuing operations attributable to Exterran stockholders (in dollars per share) $ (1.73) $ (0.40) $ (1.63) $ (0.83)
Loss from discontinued operations attributable to Exterran stockholders (in dollars per share) $ (0.67) $ (0.05) $ (0.69) $ (0.10)
Net loss attributable to Exterran stockholders (in dollars per share) $ (2.40) $ (0.45) $ (2.32) $ (0.93)
Weighted average common and equivalent shares outstanding:        
Basic (in shares) 63,478 62,669 63,321 62,529
Diluted (in shares) 63,478 62,669 63,321 62,529
North America contract operations
       
Revenues:        
Total revenues 148,564 146,581 299,152 293,434
Cost of sales (excluding depreciation and amortization expense):        
Cost of sales (excluding depreciation and amortization expense) 70,423 73,906 144,659 152,194
International contract operations
       
Revenues:        
Total revenues 112,628 110,944 225,414 216,625
Cost of sales (excluding depreciation and amortization expense):        
Cost of sales (excluding depreciation and amortization expense) 47,092 49,766 90,981 90,732
Aftermarket services
       
Revenues:        
Total revenues 101,902 84,812 191,547 159,160
Cost of sales (excluding depreciation and amortization expense):        
Cost of sales (excluding depreciation and amortization expense) 77,528 77,647 149,259 142,309
Fabrication
       
Revenues:        
Total revenues 267,641 301,731 529,863 581,777
Cost of sales (excluding depreciation and amortization expense):        
Cost of sales (excluding depreciation and amortization expense) $ 241,357 $ 269,352 $ 476,960 $ 508,643