XML 61 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues:        
Total revenues $ 739,270 $ 835,906 $ 1,382,278 $ 1,645,802
Cost of sales (excluding depreciation and amortization expense):        
Cost of sales (excluding depreciation and amortization expense) 483,296 580,037 892,818 1,165,191
Selling, general and administrative 95,712 91,005 188,290 175,879
Depreciation and amortization 111,956 80,751 197,478 163,397
Long-lived asset impairment 9,847 16,574 13,654 20,137
Restructuring charges 353   5,175  
Interest expense 32,722 30,250 61,030 58,124
Equity in income of non-consolidated affiliates (4,909) (4,722) (9,602) (9,387)
Other (income) expense, net (3,671) (7,223) (6,105) (17,031)
Total costs and expenses 725,306 786,672 1,342,738 1,556,310
Income before income taxes 13,964 49,234 39,540 89,492
Provision for income taxes 10,870 23,624 20,279 38,607
Income from continuing operations 3,094 25,610 19,261 50,885
Income (loss) from discontinued operations, net of tax 17,769 (1,106) 36,496 32,410
Net income 20,863 24,504 55,757 83,295
Less: Net income attributable to the noncontrolling interest (8,486) (15,169) (10,784) (23,755)
Net income attributable to Exterran stockholders 12,377 9,335 44,973 59,540
Basic income (loss) per common share:        
Income (loss) from continuing operations attributable to Exterran common stockholders (in dollars per share) $ (0.08) $ 0.16 $ 0.13 $ 0.41
Income (loss) from discontinued operations attributable to Exterran common stockholders (in dollars per share) $ 0.27 $ (0.02) $ 0.54 $ 0.50
Net Income attributable to Exterran common stockholders (in dollars per share) $ 0.19 $ 0.14 $ 0.67 $ 0.91
Diluted income (loss) per common share:        
Income (loss) from continuing operations attributable to Exterran common stockholders (in dollars per share) $ (0.08) $ 0.16 $ 0.12 $ 0.41
Income (loss) from discontinued operations attributable to Exterran common stockholders (in dollars per share) $ 0.27 $ (0.02) $ 0.52 $ 0.49
Net income attributable to Exterran common stockholders (in dollars per share) $ 0.19 $ 0.14 $ 0.64 $ 0.90
Weighted average common shares outstanding used in income (loss) per common share:        
Basic (in shares) 65,890 64,484 65,575 64,281
Diluted (in shares) 65,890 65,016 68,772 64,806
Dividends declared and paid per common share (in dollars per share) $ 0.15   $ 0.30  
North America contract operations
        
Revenues:        
Total revenues 181,940 162,207 338,463 320,157
Cost of sales (excluding depreciation and amortization expense):        
Cost of sales (excluding depreciation and amortization expense) 77,514 70,513 148,595 141,623
International contract operations
        
Revenues:        
Total revenues 134,392 117,872 245,432 227,430
Cost of sales (excluding depreciation and amortization expense):        
Cost of sales (excluding depreciation and amortization expense) 46,502 50,015 87,534 96,214
Aftermarket services
        
Revenues:        
Total revenues 100,359 99,368 188,407 182,980
Cost of sales (excluding depreciation and amortization expense):        
Cost of sales (excluding depreciation and amortization expense) 79,297 77,936 147,118 143,382
Fabrication
        
Revenues:        
Total revenues 322,579 456,459 609,976 915,235
Cost of sales (excluding depreciation and amortization expense):        
Cost of sales (excluding depreciation and amortization expense) $ 279,983 $ 381,573 $ 509,571 $ 783,972