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BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 30, 2012
Summary of income (loss) attributable to Exterran stockholders

 

 

 

 

Three Months Ended
September 30,

 

Nine Months Ended
September 30,

 

 

 

2012

 

2011

 

2012

 

2011

 

Income (loss) from continuing operations attributable to Exterran stockholders

 

$

2,450

 

$

(212,738

)

$

(100,610

)

$

(264,783

)

Income (loss) from discontinued operations, net of tax

 

110,916

 

(3,236

)

66,863

 

(9,247

)

Net income (loss) attributable to Exterran stockholders

 

$

113,366

 

$

(215,974

)

$

(33,747

)

$

(274,030

)

Schedule of the potential shares of common stock included in computing diluted income (loss) attributable to Exterran stockholders per common share

 

 

 

 

Three Months Ended
September 30,

 

Nine Months Ended
September 30,

 

 

 

2012

 

2011

 

2012

 

2011

 

Weighted average common shares outstanding — used in basic income (loss) per common share

 

64,847

 

62,728

 

63,384

 

62,583

 

Net dilutive potential common shares issuable:

 

 

 

 

 

 

 

 

 

On exercise of options and vesting of restricted stock and restricted stock units

 

239

 

**

 

**

 

**

 

On settlement of employee stock purchase plan shares

 

8

 

**

 

**

 

**

 

On exercise of warrants

 

**

 

**

 

**

 

**

 

On conversion of 4.25% convertible senior notes due 2014

 

**

 

**

 

**

 

**

 

On conversion of 4.75% convertible senior notes due 2014

 

**

 

**

 

**

 

**

 

Weighted average common shares outstanding — used in diluted income (loss) per common share

 

65,094

 

62,728

 

63,384

 

62,583

 

 

**           Excluded from diluted income (loss) per common share as their inclusion would have been anti-dilutive.

Anti-dilutive effect of the calculation of net dilutive potential shares of common stock issuable

 

 

 

 

Three Months Ended
September 30,

 

Nine Months Ended
September 30,

 

 

 

2012

 

2011

 

2012

 

2011

 

Net dilutive potential common shares issuable:

 

 

 

 

 

 

 

 

 

On exercise of options where exercise price is greater than average market value for the period

 

1,345

 

3,209

 

2,042

 

2,287

 

On exercise of options and vesting of restricted stock and restricted stock units

 

 

546

 

1,426

 

605

 

On settlement of employee stock purchase plan shares

 

 

35

 

11

 

20

 

On exercise of warrants

 

12,426

 

12,426

 

12,426

 

12,426

 

On conversion of 4.25% convertible senior notes due 2014

 

15,334

 

15,334

 

15,334

 

15,334

 

On conversion of 4.75% convertible senior notes due 2014

 

3,114

 

3,115

 

3,114

 

3,115

 

Net dilutive potential common shares issuable

 

32,219

 

34,665

 

34,353

 

33,787

 

Summary of fair value and carrying value of debt

 

 

 

 

September 30, 2012

 

December 31, 2011

 

 

 

Carrying
Amount

 

Fair Value

 

Carrying
Amount

 

Fair Value

 

Fixed rate debt

 

$

809,138

 

$

854,000

 

$

794,039

 

$

792,000

 

Floating rate debt

 

896,500

 

893,000

 

979,000

 

989,000

 

Total debt

 

$

1,705,638

 

$

1,747,000

 

$

1,773,039

 

$

1,781,000

 

Correction of Misclassification in the Statement of Cash Flows
 
Schedule of correction of misclassifications

 

 

 

 

Nine Months Ended September 30, 2011

 

 

 

Investing

 

Financing

 

Net Cash Provided By (Used In)

 

Activities

 

Activities

 

As previously reported

 

$

150,823

 

$

(237,806

)

Increase (decrease)

 

(289,908

)

289,908

 

As corrected

 

$

(139,085

)

$

52,102