XML 72 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues:        
Total revenues $ 683,832 $ 739,270 $ 1,412,914 $ 1,382,278
Cost of sales (excluding depreciation and amortization expense):        
Cost of sales (excluding depreciation and amortization expense) 436,991 483,296 897,061 892,818
Selling, general and administrative 83,874 95,712 170,560 188,290
Depreciation and amortization 94,325 111,956 190,133 197,478
Long-lived asset impairment 15,420 9,847 28,152 13,654
Restructuring and other charges 19,604 353 24,394 5,175
Interest expense 28,398 32,722 55,696 61,030
Equity in income of non-consolidated affiliates (5,062) (4,909) (10,068) (9,602)
Other (income) expense, net 1,005 (3,671) 8,846 (6,105)
Total costs and expenses 674,555 725,306 1,364,774 1,342,738
Income before income taxes 9,277 13,964 48,140 39,540
Provision for income taxes 1,742 10,870 18,233 20,279
Income from continuing operations 7,535 3,094 29,907 19,261
Income from discontinued operations, net of tax 254 17,769 18,967 36,496
Net income 7,789 20,863 48,874 55,757
Less: Net income attributable to the noncontrolling interest (9,178) (8,486) (18,121) (10,784)
Net income (loss) attributable to Exterran stockholders $ (1,389) $ 12,377 $ 30,753 $ 44,973
Basic income (loss) per common share:        
Income (loss) from continuing operations attributable to Exterran common stockholders (in dollars per share) $ (0.03) $ (0.08) $ 0.17 $ 0.13
Income from discontinued operations attributable to Exterran common stockholders (in dollars per share) 0.01 0.27 0.27 0.54
Net income (loss) attributable to Exterran common stockholders (in dollars per share) (0.02) 0.19 0.44 0.67
Diluted income (loss) per common share:        
Income (loss) from continuing operations attributable to Exterran common stockholders (in dollars per share) (0.03) (0.08) 0.17 0.12
Income from discontinued operations attributable to Exterran common stockholders (in dollars per share) 0.01 0.27 0.27 0.52
Net income (loss) attributable to Exterran common stockholders (in dollars per share) $ (0.02) $ 0.19 $ 0.44 $ 0.64
Weighted average common shares outstanding used in income (loss) per common share:        
Basic (in shares) 68,514 65,890 68,381 65,575
Diluted (in shares) 68,514 65,890 68,667 68,772
Dividends declared and paid per common share (in dollars per share) $ 0.15 $ 0.15 $ 0.30 $ 0.30
North America contract operations        
Revenues:        
Total revenues $ 198,259 $ 181,940 $ 400,520 $ 338,463
Cost of sales (excluding depreciation and amortization expense):        
Cost of sales (excluding depreciation and amortization expense) 81,221 77,514 163,900 148,595
International contract operations        
Revenues:        
Total revenues 115,250 134,392 235,941 245,432
Cost of sales (excluding depreciation and amortization expense):        
Cost of sales (excluding depreciation and amortization expense) 44,745 46,502 89,084 87,534
Aftermarket services        
Revenues:        
Total revenues 90,834 100,359 177,690 188,407
Cost of sales (excluding depreciation and amortization expense):        
Cost of sales (excluding depreciation and amortization expense) 70,171 79,297 136,105 147,118
Fabrication        
Revenues:        
Total revenues 279,489 322,579 598,763 609,976
Cost of sales (excluding depreciation and amortization expense):        
Cost of sales (excluding depreciation and amortization expense) $ 240,854 $ 279,983 $ 507,972 $ 509,571