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Selected Quarterly Financial Data (Unaudited)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (Unaudited)
24. Selected Quarterly Financial Data (Unaudited)

In management’s opinion, the summarized quarterly financial data below (in thousands, except per share amounts) contains all appropriate adjustments, including those required as a result of the restatement described in Note 23, considered necessary to present fairly our consolidated financial position and results of operations for the respective periods.

 
March 31,
2015(1)
 
June 30,
2015(2)
 
September 30,
2015(3)
 
December 31,
2015(4)
 
As Restated
 
As Restated
 
As Restated
 
As Restated
 
(See below)
 
(See below)
 
(See below)
 
(See below)
Revenue from external customers
$
252,873

 
$
255,062

 
$
248,863

 
$
241,310

Gross profit(9)
70,797

 
67,643

 
52,949

 
(21,541
)
Net income (loss) attributable to Archrock stockholders
31,027

 
(24,176
)
 
(9,910
)
 
(129,490
)
Net income (loss) attributable to Archrock common stockholders per share:
 

 
 

 
 

 
 

Basic
$
0.45

 
$
(0.35
)
 
$
(0.15
)
 
$
(1.89
)
Diluted
0.45

 
(0.35
)
 
(0.15
)
 
(1.89
)

 
March 31,
2014(5)
 
June 30,
2014(6)
 
September 30,
2014(7)
 
December 31,
20148)
 
As Restated
 
As Restated
 
As Restated
 
As Restated
 
(See below)
 
(See below)
 
(See below)
 
(See below)
Revenue from external customers
$
209,738

 
$
239,153

 
$
247,453

 
$
262,809

Gross profit(9)
46,396

 
56,616

 
59,738

 
58,065

Net income (loss) attributable to Archrock stockholders
30,465

 
10,227

 
33,928

 
(13,675
)
Net income (loss) attributable to Archrock common stockholders per share:
 

 
 

 
 

 
 

Basic
$
0.46

 
$
0.15

 
$
0.50

 
$
(0.20
)
Diluted
0.46

 
0.15

 
0.47

 
(0.20
)

(1) 
In the first quarter of 2015, we recorded $33.8 million of income from discontinued operations, net of tax (see Note 2 (“Discontinued Operations”)) and $8.2 million of long-lived asset impairments (see Note 12 (“Long-Lived Asset Impairment”)).

(2) 
In the second quarter of 2015, we recorded a loss of $19.3 million from discontinued operations, net of tax (see Note 2 (“Discontinued Operations”)), $9.5 million of long-lived asset impairments (see Note 12 (“Long-Lived Asset Impairment”) and $1.2 million of restructuring charges (see Note 13 (“Restructuring Charges”)).

(3) 
In the third quarter of 2015 we recorded $10.1 million of income from discontinued operations, net of tax (see Note 2 (“Discontinued Operations”)), $19.9 million of long-lived asset impairments (see Note 12 (“Long-Lived Asset Impairment”)) and $0.3 million of restructuring charges (see Note 13 (“Restructuring Charges”)).

(4) 
In the fourth quarter of 2015, we recorded $9.1 million of income from discontinued operations, net of tax (see Note 2 (“Discontinued Operations”)), $3.7 million of goodwill impairment (see Note 6 (“Goodwill”)), $87.4 million of long-lived asset impairments (see Note 12 (“Long-Lived Asset Impairment”)) and $3.2 million of restructuring charges (see Note 13 (“Restructuring Charges”)).

(5) 
In the first quarter of 2014, we recorded $39.2 million of income from discontinued operations, net of tax (see Note 2 (“Discontinued Operations”)), $3.8 million of long-lived asset impairments (see Note 12 (“Long-Lived Asset Impairment”)) and $4.8 million of restructuring charges (see Note 13 “Restructuring Charges”)).

(6) 
In the second quarter of 2014 , we recorded $21.8 million of income from discontinued operations, net of tax (see Note 2 (“Discontinued Operations”)), $9.8 million of long-lived asset impairments (see Note 12 (“Long-Lived Asset Impairment”)) and $0.4 million of restructuring charges (see Note 13 “Restructuring Charges”)).

(7) 
In the third quarter of 2014, we recorded $32.5 million of income from discontinued operations, net of tax (see Note 2 (“Discontinued Operations”)), $11.3 million of long-lived asset impairments (see Note 12 (“Long-Lived Asset Impairment”)) and $0.2 million of restructuring charges (see Note 13 (“Restructuring Charges”)).

(8) 
In the fourth quarter of 2014, we recorded $12.3 million of income from discontinued operations, net of tax (see Note 2 (“Discontinued Operations”)) and $17.9 million of long-lived asset impairments (see Note 12 (“Long-Lived Asset Impairment”)).

(9) 
Gross profit is defined as revenue less cost of sales, direct depreciation and amortization expense and long-lived asset impairment charges.

Impact of Restatement Adjustments on Unaudited Quarterly Financial Statements

The following information reconciles our previously reported financial information with as restated financial information for each quarterly reporting period within the fiscal years of 2015 and 2014. See Note 23 for further description of the nature of the errors.

The effects of the restatement on our (i) condensed consolidated statement of operations, (ii) condensed consolidated statement of comprehensive income and (iii) condensed consolidated statement of equity for the three months ended March 31, 2015 are set forth in the following tables (in thousands, except per share data):


 
Three Months Ended March 31, 2015
 
As Previously Reported
 
Restatement Adjustments
 
Reclassification Adjustments(1)
 
As Restated and Reclassified
Revenues:
 
 
 
 
 
 
 
North America contract operations
$
202,261

 
$
—

 
$
—

 
$
202,261

International contract operations
120,691

 
—

 
(120,691
)
 
—

Aftermarket services
86,856

 
—

 
(36,244
)
 
50,612

Fabrication
319,274

 
—

 
(319,274
)
 
—

 
729,082

 
—

 
(476,209
)
 
252,873

Costs and expenses:
 
 
 
 
 
 
 
Cost of sales (excluding depreciation and amortization expense):
 
 
 
 
 
 
 
North America contract operations
82,679

 
—

 
—

 
82,679

International contract operations
44,339

 
—

 
(44,339
)
 
—

Aftermarket services
65,934

 
—

 
(25,157
)
 
40,777

Fabrication
267,118

 
—

 
(267,118
)
 
—

Selling, general and administrative
86,686

 
—

 
(54,118
)
 
32,568

Depreciation and amortization
95,808

 
—

 
(38,795
)
 
57,013

Long-lived asset impairment
12,732

 
—

 
(4,579
)
 
8,153

Restructuring and other charges
4,790

 
—

 
(4,790
)
 
—

Interest expense
27,298

 
—

 
(507
)
 
26,791

Equity in income of non-consolidated affiliates
(5,006
)
 
—

 
5,006

 
—

Other (income) expense, net
7,841

 
—

 
(8,391
)
 
(550
)
 
690,219

 
—

 
(442,788
)
 
247,431

Income before income taxes
38,863

 
—

 
(33,421
)
 
5,442

Provision for (benefit from) income taxes
16,491

 
—

 
(17,231
)
 
(740
)
Income from continuing operations
22,372

 
—

 
(16,190
)
 
6,182

Income from discontinued operations, net of tax
18,713

 
(1,115
)
 
16,190

 
33,788

Net income
41,085

 
(1,115
)
 
—

 
39,970

Less: Net income attributable to the noncontrolling interest
(8,943
)
 
—

 
—

 
(8,943
)
Net income attributable to Archrock stockholders
$
32,142

 
$
(1,115
)
 
$
—

 
$
31,027

 
 
 
 
 
 
 
 
Basic income (loss) per common share:
 
 
 
 
 
 
 
Income (loss) from continuing operations attributable to Archrock common stockholders
$
0.19

 
$
—

 
$
(0.23
)
 
$
(0.04
)
Income from discontinued operations attributable to Archrock common stockholders
0.27

 
(0.02
)
 
0.24

 
0.49

Net income attributable to Archrock common stockholders
$
0.46

 
$
(0.02
)
 
$
0.01

 
$
0.45

 
 
 
 
 
 
 
 
Diluted income (loss) per common share:
 
 
 
 
 
 
 
Income (loss) from continuing operations attributable to Archrock common stockholders
$
0.19

 
$
—

 
$
(0.23
)
 
$
(0.04
)
Income from discontinued operations attributable to Archrock common stockholders
0.27

 
(0.02
)
 
0.24

 
0.49

Net income attributable to Archrock common stockholders
$
0.46

 
$
(0.02
)
 
$
0.01

 
$
0.45

 
 
 
 
 
 
 
 
Weighted average common shares outstanding used in income (loss) per common share:
 
 
 
 
 
 
 
Basic
68,252

 
—

 
—

 
68,252

Diluted
68,534

 
—

 
(282
)
 
68,252

 
 
 
 
 
 
 
 
Dividends declared and paid per common share
$
0.15

 
$
—

 
$
—

 
$
0.15


(1) 
As discussed in Note 2, in November 2015, we completed the Spin-off of our international contract operations, international aftermarket services and global fabrication businesses into a standalone public company operating as Exterran Corporation. The results of these businesses have been reclassified to discontinued operations in our financial statements for all periods presented.

 
Three Months Ended March 31, 2015
 
As Previously Reported
 
Restatement Adjustments
 
As Restated
Net income
$
41,085

 
$
(1,115
)
 
$
39,970

Other comprehensive loss, net of tax:
 
 
 
 
 
Derivative loss, net of reclassifications to earnings
(4,650
)
 
—

 
(4,650
)
Amortization of terminated interest rate swaps
635

 
—

 
635

Foreign currency translation adjustment
(10,362
)
 
2,617

 
(7,745
)
Total other comprehensive loss
(14,377
)
 
2,617

 
(11,760
)
Comprehensive income
26,708

 
1,502

 
28,210

Less: Comprehensive income attributable to the noncontrolling interest
(5,970
)
 
—

 
(5,970
)
Comprehensive income attributable to Archrock stockholders
$
20,738

 
$
1,502

 
$
22,240


 
March 31, 2015
 
As Previously Reported
 
Restatement Adjustments
 
As Restated
Accumulated Other Comprehensive Income
 
 
 
 
 
Balance at January 1, 2015
$
15,865

 
$
9,969

 
$
25,834

Foreign currency translation adjustment
(10,362
)
 
2,617

 
(7,745
)
Balance at March 31, 2015
4,461

 
12,586

 
17,047

 
 
 
 
 
 
Accumulated Deficit
 
 
 
 
 
Balance at January 1, 2015
$
(1,866,397
)
 
$
(97,208
)
 
$
(1,963,605
)
Net income
32,142

 
(1,115
)
 
31,027

Balance at March 31, 2015
(1,844,595
)
 
(98,323
)
 
(1,942,918
)
 
 
 
 
 
 
Total
 
 
 
 
 
Balance at January 1, 2015
$
1,953,045

 
$
(87,239
)
 
$
1,865,806

Net income
41,085

 
(1,115
)
 
39,970

Foreign currency translation adjustment
(10,362
)
 
2,617

 
(7,745
)
Balance at March 31, 2015
1,951,581

 
(85,737
)
 
1,865,844



The effects of the restatement on our (i) condensed consolidated statement of operations, (ii) condensed consolidated statement of comprehensive income and (iii) condensed consolidated statement of equity for the three and six months ended June 30, 2015 are set forth in the following tables (in thousands, except per share data):
 
Three Months Ended June 30, 2015
 
Six Months Ended June 30, 2015
 
As Previously Reported
 
Restatement Adjustments
 
Reclassification Adjustments(1)
 
As Restated and Reclassified
 
As Previously Reported
 
Restatement Adjustments
 
Reclassification Adjustments(1)
 
As Restated and Reclassified
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
North America contract operations
$
198,259

 
$
—

 
$
—

 
$
198,259

 
$
400,520

 
$
—

 
$
—

 
$
400,520

International contract operations
115,250

 
—

 
(115,250
)
 
—

 
235,941

 
—

 
(235,941
)
 
—

Aftermarket services
90,834

 
—

 
(34,031
)
 
56,803

 
177,690

 
—

 
(70,275
)
 
107,415

Fabrication
279,489

 
—

 
(279,489
)
 
—

 
598,763

 
—

 
(598,763
)
 
—

 
683,832

 
—

 
(428,770
)
 
255,062

 
1,412,914

 
—

 
(904,979
)
 
507,935

Costs and expenses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cost of sales (excluding depreciation and amortization expense):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
North America contract operations
81,221

 
—

 
—

 
81,221

 
163,900

 
—

 
—

 
163,900

International contract operations
44,745

 
—

 
(44,745
)
 
—

 
89,084

 
—

 
(89,084
)
 
—

Aftermarket services
70,171

 
—

 
(24,327
)
 
45,844

 
136,105

 
—

 
(49,484
)
 
86,621

Fabrication
240,854

 
—

 
(240,854
)
 
—

 
507,972

 
—

 
(507,972
)
 
—

Selling, general and administrative
83,874

 
—

 
(52,517
)
 
31,357

 
170,560

 
—

 
(106,635
)
 
63,925

Depreciation and amortization
94,325

 
—

 
(36,786
)
 
57,539

 
190,133

 
—

 
(75,581
)
 
114,552

Long-lived asset impairment
15,420

 
—

 
(5,910
)
 
9,510

 
28,152

 
—

 
(10,489
)
 
17,663

Restructuring and other charges
19,604

 
—

 
(18,411
)
 
1,193

 
24,394

 
—

 
(23,201
)
 
1,193

Interest expense
28,398

 
—

 
(319
)
 
28,079

 
55,696

 
—

 
(826
)
 
54,870

Equity in income of non-consolidated affiliates
(5,062
)
 
—

 
5,062

 
—

 
(10,068
)
 
—

 
10,068

 
—

Other income, net
1,005

 
—

 
(3,487
)
 
(2,482
)
 
8,846

 
—

 
(11,878
)
 
(3,032
)
 
674,555

 
—

 
(422,294
)
 
252,261

 
1,364,774

 
—

 
(865,082
)
 
499,692

Income before income taxes
9,277

 
—

 
(6,476
)
 
2,801

 
48,140

 
—

 
(39,897
)
 
8,243

Provision for (benefit) from income taxes
1,742

 
—

 
(3,271
)
 
(1,529
)
 
18,233

 
—

 
(20,502
)
 
(2,269
)
Income from continuing operations
7,535

 
—

 
(3,205
)
 
4,330

 
29,907

 
—

 
(19,395
)
 
10,512

Income (loss) from discontinued operations, net of tax
254

 
(22,787
)
 
3,205

 
(19,328
)
 
18,967

 
(23,902
)
 
19,395

 
14,460

Net income (loss)
7,789

 
(22,787
)
 
—

 
(14,998
)
 
48,874

 
(23,902
)
 
—

 
24,972

Less: Net income attributable to the noncontrolling interest
(9,178
)
 
—

 
—

 
(9,178
)
 
(18,121
)
 
—

 
—

 
(18,121
)
Net income (loss) attributable to Archrock stockholders
$
(1,389
)
 
$
(22,787
)
 
$
—

 
$
(24,176
)
 
$
30,753

 
$
(23,902
)
 
$
—

 
$
6,851

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic income (loss) per common share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) from continuing operations attributable to Archrock common stockholders
$
(0.03
)
 
$
—

 
$
(0.04
)
 
$
(0.07
)
 
$
0.17

 
$
—

 
$
(0.28
)
 
$
(0.11
)
Income (loss) from discontinued operations attributable to Archrock common stockholders
0.01

 
(0.33
)
 
0.04

 
(0.28
)
 
0.27

 
(0.35
)
 
0.29

 
0.21

Net income (loss) attributable to Archrock common stockholders
$
(0.02
)
 
$
(0.33
)
 
$
—

 
$
(0.35
)
 
$
0.44

 
$
(0.35
)
 
$
0.01

 
$
0.10

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted income (loss) per common share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) from continuing operations attributable to Archrock common stockholders
$
(0.03
)
 
$
—

 
$
(0.04
)
 
$
(0.07
)
 
$
0.17

 
$
—

 
$
(0.28
)
 
$
(0.11
)
Income (loss) from discontinued operations attributable to Archrock common stockholders
0.01

 
(0.33
)
 
0.04

 
(0.28
)
 
0.27

 
(0.35
)
 
0.29

 
0.21

Net income (loss) attributable to Archrock common stockholders
$
(0.02
)
 
$
(0.33
)
 
$
—

 
$
(0.35
)
 
$
0.44

 
$
(0.35
)
 
$
0.01

 
$
0.10

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding used in income (loss) per common share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
68,514

 
—

 
—

 
68,514

 
68,381

 
—

 
—

 
68,381

Diluted
68,514

 
—

 
—

 
68,514

 
68,667

 
—

 
(286
)
 
68,381

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Dividends declared and paid per common share
$
0.15

 
$
—

 
$
—

 
$
0.15

 
$
0.30

 
$
—

 
$
—

 
$
0.30


(1) 
As discussed in Note 2, in November 2015, we completed the Spin-off of our international contract operations, international aftermarket services and global fabrication businesses into a standalone public company operating as Exterran Corporation. The results of these businesses have been reclassified to discontinued operations in our financial statements for all periods presented.

 
Three Months Ended June 30, 2015
 
Six Months Ended June 30, 2015
 
As Previously Reported
 
Restatement Adjustments
 
As Restated
 
As Previously Reported
 
Restatement Adjustments
 
As Restated
Net income (loss)
$
7,789

 
$
(22,787
)
 
$
(14,998
)
 
$
48,874

 
$
(23,902
)
 
$
24,972

Other comprehensive income (loss), net of tax:
 
 
 
 
 
 
 
 
 
 
 
Derivative gain (loss), net of reclassifications to earnings
1,422

 
—

 
1,422

 
(3,228
)
 
—

 
(3,228
)
Adjustments from changes in ownership of Partnership
(223
)
 
—

 
(223
)
 
(223
)
 
—

 
(223
)
Amortization of terminated interest rate swaps
590

 
—

 
590

 
1,225

 
—

 
1,225

Foreign currency translation adjustment
3,659

 
(334
)
 
3,325

 
(6,703
)
 
2,283

 
(4,420
)
Total other comprehensive income (loss)
5,448

 
(334
)
 
5,114

 
(8,929
)
 
2,283

 
(6,646
)
Comprehensive income (loss)
13,237

 
(23,121
)
 
(9,884
)
 
39,945

 
(21,619
)
 
18,326

Less: Comprehensive income attributable to the noncontrolling interest
(10,838
)
 
—

 
(10,838
)
 
(16,808
)
 
—

 
(16,808
)
Comprehensive income (loss) attributable to Archrock stockholders
$
2,399

 
$
(23,121
)
 
$
(20,722
)
 
$
23,137

 
$
(21,619
)
 
$
1,518


 
June 30, 2015
 
As Previously Reported
 
Restatement Adjustments
 
As Restated
Accumulated Other Comprehensive Income
 
 
 
 
 
Balance at January 1, 2015
$
15,865

 
$
9,969

 
$
25,834

Foreign currency translation adjustment
(6,703
)
 
2,283

 
(4,420
)
Balance at June 30, 2015
8,249

 
12,252

 
20,501

 
 
 
 
 
 
Accumulated Deficit
 
 
 
 
 
Balance at January 1, 2015
$
(1,866,397
)
 
$
(97,208
)
 
$
(1,963,605
)
Net income
30,753

 
(23,902
)
 
6,851

Balance at June 30, 2015
(1,856,387
)
 
(121,110
)
 
(1,977,497
)
 
 
 
 
 
 
Total
 
 
 
 
 
Balance at January 1, 2015
$
1,953,045

 
$
(87,239
)
 
$
1,865,806

Net income
48,874

 
(23,902
)
 
24,972

Foreign currency translation adjustment
(6,703
)
 
2,283

 
(4,420
)
Balance at June 30, 2015
1,931,522

 
(108,858
)
 
1,822,664



The effects of the restatement on our (i) condensed consolidated statement of operations, (ii) condensed consolidated statement of comprehensive income and (iii) condensed consolidated statement of equity for the three and nine months ended September 30, 2015 are set forth in the following tables (in thousands, except per share data):

 
Three Months Ended September 30, 2015
 
Nine Months Ended September 30, 2015
 
As Previously Reported
 
Restatement Adjustments
 
Reclassification Adjustments(1)
 
As Restated and Reclassified
 
As Previously Reported
 
Restatement Adjustments
 
Reclassification Adjustments(1)
 
As Restated and Reclassified
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
North America contract operations
$
191,692

 
$
—

 
$
—

 
$
191,692

 
$
592,212

 
$
—

 
$
—

 
$
592,212

International contract operations
114,104

 
—

 
(114,104
)
 
—

 
350,045

 
—

 
(350,045
)
 
—

Aftermarket services
82,443

 
—

 
(25,272
)
 
57,171

 
260,133

 
—

 
(95,547
)
 
164,586

Fabrication
261,262

 
—

 
(261,262
)
 
—

 
860,025

 
—

 
(860,025
)
 
—

 
649,501

 
—

 
(400,638
)
 
248,863

 
2,062,415

 
—

 
(1,305,617
)
 
756,798

Costs and expenses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cost of sales (excluding depreciation and amortization expense):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
North America contract operations
77,927

 
—

 
—

 
77,927

 
241,827

 
—

 
—

 
241,827

International contract operations
41,114

 
—

 
(41,114
)
 
—

 
130,198

 
—

 
(130,198
)
 
—

Aftermarket services
63,773

 
—

 
(18,336
)
 
45,437

 
199,878

 
—

 
(67,820
)
 
132,058

Fabrication
226,925

 
—

 
(226,925
)
 
—

 
734,897

 
—

 
(734,897
)
 
—

Selling, general and administrative
82,124

 
—

 
(49,503
)
 
32,621

 
252,684

 
—

 
(156,138
)
 
96,546

Depreciation and amortization
94,924

 
—

 
(36,837
)
 
58,087

 
285,057

 
—

 
(112,418
)
 
172,639

Long-lived asset impairment
23,708

 
—

 
(3,775
)
 
19,933

 
51,860

 
—

 
(14,264
)
 
37,596

Restructuring and other charges
11,998

 
—

 
(11,709
)
 
289

 
36,392

 
—

 
(34,910
)
 
1,482

Interest expense
28,577

 
—

 
(581
)
 
27,996

 
84,273

 
—

 
(1,407
)
 
82,866

Equity in income of non-consolidated affiliates
(5,084
)
 
—

 
5,084

 
—

 
(15,152
)
 
—

 
15,152

 
—

Other (income) loss, net
30,129

 
—

 
(27,974
)
 
2,155

 
38,975

 
—

 
(39,852
)
 
(877
)
 
676,115

 
—

 
(411,670
)
 
264,445

 
2,040,889

 
—

 
(1,276,752
)
 
764,137

Income (loss) before income taxes
(26,614
)
 
—

 
11,032

 
(15,582
)
 
21,526

 
—

 
(28,865
)
 
(7,339
)
Provision for (benefit from) income taxes
(3,605
)
 
—

 
5,972

 
2,367

 
14,628

 
—

 
(14,530
)
 
98

Income (loss) from continuing operations
(23,009
)
 
—

 
5,060

 
(17,949
)
 
6,898

 
—

 
(14,335
)
 
(7,437
)
Income from discontinued operations, net of tax
18,776

 
(3,606
)
 
(5,060
)
 
10,110

 
37,743

 
(27,508
)
 
14,335

 
24,570

Net income (loss)
(4,233
)
 
(3,606
)
 
—

 
(7,839
)
 
44,641

 
(27,508
)
 
—

 
17,133

Less: Net income attributable to the noncontrolling interest
(2,071
)
 
—

 
—

 
(2,071
)
 
(20,192
)
 
—

 
—

 
(20,192
)
Net income (loss) attributable to Archrock stockholders
$
(6,304
)
 
$
(3,606
)
 
$
—

 
$
(9,910
)
 
$
24,449

 
$
(27,508
)
 
$
—

 
$
(3,059
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic income (loss) per common share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loss from continuing operations attributable to Archrock common stockholders
$
(0.37
)
 
$
—

 
$
0.08

 
$
(0.29
)
 
$
(0.20
)
 
$
—

 
$
(0.21
)
 
$
(0.41
)
Income from discontinued operations attributable to Archrock common stockholders
0.28

 
(0.06
)
 
(0.08
)
 
0.14

 
0.55

 
(0.40
)
 
0.21

 
0.36

Net income (loss) attributable to Archrock common stockholders
$
(0.09
)
 
$
(0.06
)
 
$
—

 
$
(0.15
)
 
$
0.35

 
$
(0.40
)
 
$
—

 
$
(0.05
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted income (loss) per common share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) from continuing operations attributable to Archrock common stockholders
$
(0.37
)
 
$
—

 
$
0.08

 
$
(0.29
)
 
$
(0.20
)
 
$
—

 
$
(0.21
)
 
$
(0.41
)
Income from discontinued operations attributable to Archrock common stockholders
0.28

 
(0.06
)
 
(0.08
)
 
0.14

 
0.55

 
(0.40
)
 
0.21

 
0.36

Net income (loss) attributable to Archrock common stockholders
$
(0.09
)
 
$
(0.06
)
 
$
—

 
$
(0.15
)
 
$
0.35

 
$
(0.40
)
 
$
—

 
$
(0.05
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding used in income (loss) per common share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
68,560

 
—

 
—

 
68,560

 
68,441

 
—

 
—

 
68,441

Diluted
68,560

 
—

 
—

 
68,560

 
68,441

 
—

 
—

 
68,441

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Dividends declared and paid per common share
$
0.15

 
$
—

 
$
—

 
$
0.15

 
$
0.45

 
$
—

 
$
—

 
$
0.45


(1) 
As discussed in Note 2, in November 2015, we completed the Spin-off of our international contract operations, international aftermarket services and global fabrication businesses into a standalone public company operating as Exterran Corporation. The results of these businesses have been reclassified to discontinued operations in our financial statements for all periods presented.

 
Three Months Ended September 30, 2015
 
Nine Months Ended September 30, 2015
 
As Previously Reported
 
Restatement Adjustments
 
As Restated
 
As Previously Reported
 
Restatement Adjustments
 
As Restated
Net income (loss)
$
(4,233
)
 
$
(3,606
)
 
$
(7,839
)
 
$
44,641

 
$
(27,508
)
 
$
17,133

Other comprehensive income (loss), net of tax:
 
 
 
 
 
 
 
 
 
 
 
Derivative loss, net of reclassifications to earnings
(4,076
)
 
—

 
(4,076
)
 
(7,304
)
 
—

 
(7,304
)
Adjustments from changes in ownership of Partnership
—

 
—

 
—

 
(223
)
 
—

 
(223
)
Amortization of terminated interest rate swaps
543

 
—

 
543

 
1,768

 
—

 
1,768

Foreign currency translation adjustment
4,949

 
3,689

 
8,638

 
(1,754
)
 
5,972

 
4,218

Total other comprehensive income (loss)
1,416

 
3,689

 
5,105

 
(7,513
)
 
5,972

 
(1,541
)
Comprehensive income (loss)
(2,817
)
 
83

 
(2,734
)
 
37,128

 
(21,536
)
 
15,592

Less: Comprehensive (income) loss attributable to the noncontrolling interest
424

 
—

 
424

 
(16,384
)
 
—

 
(16,384
)
Comprehensive income (loss) attributable to Archrock stockholders
$
(2,393
)
 
$
83

 
$
(2,310
)
 
$
20,744

 
$
(21,536
)
 
$
(792
)

 
September 30, 2015
 
As Previously Reported
 
Restatement Adjustments
 
As Restated
Accumulated Other Comprehensive Income
 
 
 
 
 
Balance at January 1, 2015
$
15,865

 
$
9,969

 
$
25,834

Foreign currency translation adjustment
(1,754
)
 
5,972

 
4,218

Balance at September 30, 2015
12,160

 
15,941

 
28,101

 
 
 
 
 
 
Accumulated Deficit
 
 
 
 
 
Balance at January 1, 2015
$
(1,866,397
)
 
$
(97,208
)
 
$
(1,963,605
)
Net income (loss)
24,449

 
(27,508
)
 
(3,059
)
Balance at September 30, 2015
(1,873,115
)
 
(124,716
)
 
(1,997,831
)
 
 
 
 
 
 
Total
 
 
 
 
 
Balance at January 1, 2015
$
1,953,045

 
$
(87,239
)
 
$
1,865,806

Net income
44,641

 
(27,508
)
 
17,133

Foreign currency translation adjustment
(1,754
)
 
5,972

 
4,218

Balance at September 30, 2015
1,901,047

 
(108,775
)
 
1,792,272


The effects of the restatement on our statements of operations for the three months ended December 31, 2015 are set forth in the following tables (in thousands, except per share data):

 
Three Months Ended December 31, 2015
 
As Previously Reported
 
Adjustment
 
As Restated
Net loss attributable to Archrock stockholders
$
(130,267
)
 
$
777

 
$
(129,490
)
Net loss attributable to Archrock stockholders per share:
 
 
 
 
 
Basic
$
(1.91
)
 
$
0.02

 
$
(1.89
)
Diluted
(1.91
)
 
0.02

 
(1.89
)


The effects of the restatement on our (i) condensed consolidated statement of operations, (ii) condensed consolidated statement of comprehensive income and (iii) condensed consolidated statement of equity for the three months ended March 31, 2014 are set forth in the following tables (in thousands, except per share data):


 
Three Months Ended March 31, 2014
 
As Previously Reported
 
Restatement Adjustments
 
Reclassification Adjustments(1)
 
As Restated and Reclassified
Revenues:
 
 
 
 
 
 
 
North America contract operations
$
156,523

 
$
—

 
$
—

 
$
156,523

International contract operations
111,040

 
—

 
(111,040
)
 
—

Aftermarket services
88,048

 
—

 
(34,833
)
 
53,215

Fabrication
287,397

 
—

 
(287,397
)
 
—

 
643,008

 
—

 
(433,270
)
 
209,738

Costs and expenses:
 
 
 
 
 
 
 
Cost of sales (excluding depreciation and amortization expense):
 
 
 
 
 
 
 
North America contract operations
71,081

 
—

 
—

 
71,081

International contract operations
41,032

 
—

 
(41,032
)
 
—

Aftermarket services
67,821

 
—

 
(25,015
)
 
42,806

Fabrication
229,588

 
—

 
(229,588
)
 
—

Selling, general and administrative
92,578

 
—

 
(58,839
)
 
33,739

Depreciation and amortization
85,522

 
—

 
(36,166
)
 
49,356

Long-lived asset impairment
3,807

 
—

 
—

 
3,807

Restructuring and other charges
4,822

 
—

 
—

 
4,822

Interest expense
28,308

 
—

 
(484
)
 
27,824

Equity in income of non-consolidated affiliates
(4,693
)
 
—

 
4,693

 
—

Other income, net
(2,434
)
 
—

 
2,198

 
(236
)
 
617,432

 
—

 
(384,233
)
 
233,199

Income (loss) before income taxes
25,576

 
—

 
(49,037
)
 
(23,461
)
Provision for (benefit from) income taxes
9,409

 
—

 
(26,412
)
 
(17,003
)
Income (loss) from continuing operations
16,167

 
—

 
(22,625
)
 
(6,458
)
Income from discontinued operations, net of tax
18,727

 
(2,131
)
 
22,625

 
39,221

Net income
34,894

 
(2,131
)
 
—

 
32,763

Less: Net income attributable to the noncontrolling interest
(2,298
)
 
—

 
—

 
(2,298
)
Net income attributable to Archrock stockholders
$
32,596

 
$
(2,131
)
 
$
—

 
$
30,465

 
 
 
 
 
 
 
 
Basic income (loss) per common share:
 
 
 
 
 
 
 
Income (loss) from continuing operations attributable to Archrock common stockholders
$
0.21

 
$
—

 
$
(0.35
)
 
$
(0.14
)
Income from discontinued operations attributable to Archrock common stockholders
0.28

 
(0.04
)
 
0.36

 
0.60

Net income attributable to Archrock common stockholders
$
0.49

 
$
(0.04
)
 
$
0.01

 
$
0.46

 
 
 
 
 
 
 
 
Diluted income (loss) per common share:
 
 
 
 
 
 
 
Income (loss) from continuing operations attributable to Archrock common stockholders
$
0.20

 
$
—

 
$
(0.34
)
 
$
(0.14
)
Income from discontinued operations attributable to Archrock common stockholders
0.27

 
(0.04
)
 
0.37

 
0.60

Net income attributable to Archrock common stockholders
$
0.47

 
$
(0.04
)
 
$
0.03

 
$
0.46

 
 
 
 
 
 
 
 
Weighted average common shares outstanding used in income (loss) per common share:
 
 
 
 
 
 
 
Basic
65,390

 
—

 
—

 
65,390

Diluted
67,792

 
—

 
(2,402
)
 
65,390

 
 
 
 
 
 
 
 
Dividends declared and paid per common share
$
0.15

 
$
—

 
$
—

 
$
0.15


(1) 
As discussed in Note 2, in November 2015, we completed the Spin-off of our international contract operations, international aftermarket services and global fabrication businesses into a standalone public company operating as Exterran Corporation. The results of these businesses have been reclassified to discontinued operations in our financial statements for all periods presented.


 
Three Months Ended March 31, 2014
 
As Previously Reported
 
Restatement Adjustments
 
As Restated
Net income
$
34,894

 
$
(2,131
)
 
$
32,763

Other comprehensive loss, net of tax:
 
 
 
 
 
Derivative loss, net of reclassifications to earnings
(570
)
 
—

 
(570
)
Amortization of terminated interest rate swaps
780

 
—

 
780

Foreign currency translation adjustment
1,134

 
(358
)
 
776

Total other comprehensive loss
1,344

 
(358
)
 
986

Comprehensive income
36,238

 
(2,489
)
 
33,749

Less: Comprehensive income attributable to the noncontrolling interest
(2,324
)
 
—

 
(2,324
)
Comprehensive income attributable to Archrock stockholders
$
33,914

 
$
(2,489
)
 
$
31,425



 
March 31, 2014
 
As Previously Reported
 
RestatementAdjustments
 
As Restated
Accumulated Other Comprehensive Income
 
 
 
 
 
Balance at January 1, 2014
$
30,078

 
$
7,468

 
$
37,546

Foreign currency translation adjustment
1,134

 
(358
)
 
776

Balance at March 31, 2014
31,396

 
7,110

 
38,506

 
 
 
 
 
 
Accumulated Deficit
 
 
 
 
 
Balance at January 1, 2014
$
(1,924,244
)
 
$
(59,987
)
 
$
(1,984,231
)
Net income
32,596

 
(2,131
)
 
30,465

Balance at March 31, 2014
(1,901,637
)
 
(62,118
)
 
(1,963,755
)
 
 
 
 
 
 
Total
 
 
 
 
 
Balance at January 1, 2014
$
1,813,428

 
$
(52,519
)
 
$
1,760,909

Net income
34,894

 
(2,131
)
 
32,763

Foreign currency translation adjustment
1,134

 
(358
)
 
776

Balance at March 31, 2014
1,841,048

 
(55,008
)
 
1,786,040



The effects of the restatement on our (i) condensed consolidated statement of operations, (ii) condensed consolidated statement of comprehensive income and (iii) condensed consolidated statement of equity for the three and six months ended June 30, 2014 are set forth in the following tables (in thousands, except per share data):
 
Three Months Ended June 30, 2014
 
Six Months Ended June 30, 2014
 
As Previously Reported
 
Restatement Adjustments
 
Reclassification Adjustments(1)
 
As Restated and Reclassified
 
As Previously Reported
 
Restatement Adjustments
 
Reclassification Adjustments(1)
 
As Restated and Reclassified
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
North America contract operations
$
181,940

 
$
—

 
$
—

 
$
181,940

 
$
338,463

 
$
—

 
$
—

 
$
338,463

International contract operations
134,392

 
—

 
(134,392
)
 
—

 
245,432

 
—

 
(245,432
)
 
—

Aftermarket services
100,359

 
—

 
(43,146
)
 
57,213

 
188,407

 
—

 
(77,979
)
 
110,428

Fabrication
322,579

 
—

 
(322,579
)
 
—

 
609,976

 
—

 
(609,976
)
 
—

 
739,270

 
—

 
(500,117
)
 
239,153

 
1,382,278

 
—

 
(933,387
)
 
448,891

Costs and expenses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cost of sales (excluding depreciation and amortization expense):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
North America contract operations
77,514

 
—

 
—

 
77,514

 
148,595

 
—

 
—

 
148,595

International contract operations
46,502

 
—

 
(46,502
)
 
—

 
87,534

 
—

 
(87,534
)
 
—

Aftermarket services
79,297

 
—

 
(32,182
)
 
47,115

 
147,118

 
—

 
(57,197
)
 
89,921

Fabrication
279,983

 
—

 
(279,983
)
 
—

 
509,571

 
—

 
(509,571
)
 
—

Selling, general and administrative
95,712

 
—

 
(64,426
)
 
31,286

 
188,290

 
—

 
(123,265
)
 
65,025

Depreciation and amortization
111,956

 
—

 
(58,991
)
 
52,965

 
197,478

 
—

 
(95,157
)
 
102,321

Long-lived asset impairment
9,847

 
—

 
—

 
9,847

 
13,654

 
—

 
—

 
13,654

Restructuring and other charges
353

 
—

 
—

 
353

 
5,175

 
—

 
—

 
5,175

Interest expense
32,722

 
—

 
(364
)
 
32,358

 
61,030

 
—

 
(848
)
 
60,182

Equity in income of non-consolidated affiliates
(4,909
)
 
—

 
4,909

 
—

 
(9,602
)
 
—

 
9,602

 
—

Other (income) expense, net
(3,671
)
 
—

 
2,768

 
(903
)
 
(6,105
)
 
—

 
4,966

 
(1,139
)
 
725,306

 
—

 
(474,771
)
 
250,535

 
1,342,738

 
—

 
(859,004
)
 
483,734

Income (loss) before income taxes
13,964

 
—

 
(25,346
)
 
(11,382
)
 
39,540

 
—

 
(74,383
)
 
(34,843
)
Provision for (benefit from) income taxes
10,870

 
—

 
(19,159
)
 
(8,289
)
 
20,279

 
—

 
(45,571
)
 
(25,292
)
Income (loss) from continuing operations
3,094

 
—

 
(6,187
)
 
(3,093
)
 
19,261

 
—

 
(28,812
)
 
(9,551
)
Income from discontinued operations, net of tax
17,769

 
(2,150
)
 
6,187

 
21,806

 
36,496

 
(4,281
)
 
28,812

 
61,027

Net income
20,863

 
(2,150
)
 
—

 
18,713

 
55,757

 
(4,281
)
 
—

 
51,476

Less: Net income attributable to the noncontrolling interest
(8,486
)
 
—

 
—

 
(8,486
)
 
(10,784
)
 
—

 
—

 
(10,784
)
Net income attributable to Archrock stockholders
$
12,377

 
$
(2,150
)
 
$
—

 
$
10,227

 
$
44,973

 
$
(4,281
)
 
$
—

 
$
40,692

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic income (loss) per common share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) from continuing operations attributable to Archrock common stockholders
$
(0.08
)
 
$
—

 
$
(0.10
)
 
$
(0.18
)
 
$
0.13

 
$
—

 
$
(0.44
)
 
$
(0.31
)
Income from discontinued operations attributable to Archrock common stockholders
0.27

 
(0.04
)
 
0.10

 
0.33

 
0.54

 
(0.07
)
 
0.44

 
0.91

Net income attributable to Archrock common stockholders
$
0.19

 
$
(0.04
)
 
$
—

 
$
0.15

 
$
0.67

 
$
(0.07
)
 
$
—

 
$
0.60

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted income (loss) per common share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) from continuing operations attributable to Archrock common stockholders
$
(0.08
)
 
$
—

 
$
(0.10
)
 
$
(0.18
)
 
$
0.12

 
$
—

 
$
(0.43
)
 
$
(0.31
)
Income from discontinued operations attributable to Archrock common stockholders
0.27

 
(0.04
)
 
0.10

 
0.33

 
0.52

 
(0.07
)
 
0.46

 
0.91

Net income attributable to Archrock common stockholders
$
0.19

 
$
(0.04
)
 
$
—

 
$
0.15

 
$
0.64

 
$
(0.07
)
 
$
0.03

 
$
0.60

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding used in income (loss) per common share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
65,890

 
—

 
—

 
65,890

 
65,575

 
—

 
—

 
65,575

Diluted
65,890

 
—

 
—

 
65,890

 
68,772

 
—

 
(3,197
)
 
65,575

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Dividends declared and paid per common share
$
0.15

 
$
—

 
$
—

 
$
0.15

 
$
0.30

 
$
—

 
$
—

 
$
0.30


(1) 
As discussed in Note 2, in November 2015, we completed the Spin-off of our international contract operations, international aftermarket services and global fabrication businesses into a standalone public company operating as Exterran Corporation. The results of these businesses have been reclassified to discontinued operations in our financial statements for all periods presented.


 
Three Months Ended June 30, 2014
 
Six Months Ended June 30, 2014
 
As Previously Reported
 
Restatement Adjustments
 
As Restated
 
As Previously Reported
 
Restatement Adjustments
 
As Restated
Net income
$
20,863

 
$
(2,150
)
 
$
18,713

 
$
55,757

 
$
(4,281
)
 
$
51,476

Other comprehensive loss, net of tax:
 
 
 
 
 
 
 
 
 
 
 
Derivative loss, net of reclassifications to earnings
(1,650
)
 
—

 
(1,650
)
 
(2,220
)
 
—

 
(2,220
)
Adjustments from changes in ownership of Partnership
65

 
—

 
65

 
65

 
—

 
65

Amortization of terminated interest rate swaps
749

 
—

 
749

 
1,529

 
—

 
1,529

Foreign currency translation adjustment
(1,403
)
 
(803
)
 
(2,206
)
 
(269
)
 
(1,161
)
 
(1,430
)
Total other comprehensive income loss
(2,239
)
 
(803
)
 
(3,042
)
 
(895
)
 
(1,161
)
 
(2,056
)
Comprehensive income
18,624

 
(2,953
)
 
15,671

 
54,862

 
(5,442
)
 
49,420

Less: Comprehensive income attributable to the noncontrolling interest
(7,650
)
 
—

 
(7,650
)
 
(9,974
)
 
—

 
(9,974
)
Comprehensive income attributable to Archrock stockholders
$
10,974

 
$
(2,953
)
 
$
8,021

 
$
44,888

 
$
(5,442
)
 
$
39,446


 
June 30, 2014
 
As Previously Reported
 
Adjustments
 
As Restated
Accumulated Other Comprehensive Income
 
 
 
 
 
Balance at January 1, 2014
$
30,078

 
$
7,468

 
$
37,546

Foreign currency translation adjustment
(269
)
 
(1,161
)
 
(1,430
)
Balance at June 30, 2014
29,993

 
6,307

 
36,300

 
 
 
 
 
 
Accumulated Deficit
 
 
 
 
 
Balance at January 1, 2014
$
(1,924,244
)
 
$
(59,987
)
 
$
(1,984,231
)
Net income
44,973

 
(4,281
)
 
40,692

Balance at June 30, 2014
(1,899,261
)
 
(64,268
)
 
(1,963,529
)
 
 
 
 
 
 
Total
 
 
 
 
 
Balance at January 1, 2014
$
1,813,428

 
$
(52,519
)
 
$
1,760,909

Net income
55,757

 
(4,281
)
 
51,476

Foreign currency translation adjustment
(269
)
 
(1,161
)
 
(1,430
)
Balance at June 30, 2014
1,948,071

 
(57,961
)
 
1,890,110



The effects of the restatement on our (i) condensed consolidated statement of operations, (ii) condensed consolidated statement of comprehensive income and (iii) condensed consolidated statement of equity for the three and nine months ended September 30, 2014 are set forth in the following tables (in thousands, except per share data):

 
Three Months Ended September 30, 2014
 
Nine Months Ended September 30, 2014
 
As Previously Reported
 
Restatement Adjustments
 
Reclassification Adjustments(1)
 
As Restated and Reclassified
 
As Previously Reported
 
Restatement Adjustments
 
Reclassification Adjustments(1)
 
As Restated and Reclassified
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
North America contract operations
$
191,000

 
$
—

 
$
—

 
$
191,000

 
$
529,463

 
$
—

 
$
—

 
$
529,463

International contract operations
124,355

 
—

 
(124,355
)
 
—

 
369,787

 
—

 
(369,787
)
 
—

Aftermarket services
96,005

 
—

 
(39,552
)
 
56,453

 
284,412

 
—

 
(117,531
)
 
166,881

Fabrication
312,472

 
—

 
(312,472
)
 
—

 
922,448

 
—

 
(922,448
)
 
—

 
723,832

 
—

 
(476,379
)
 
247,453

 
2,106,110

 
—

 
(1,409,766
)
 
696,344

Costs and expenses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cost of sales (excluding depreciation and amortization expense):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
North America contract operations
82,453

 
—

 
—

 
82,453

 
231,048

 
—

 
—

 
231,048

International contract operations
47,983

 
—

 
(47,983
)
 
—

 
135,517

 
—

 
(135,517
)
 
—

Aftermarket services
75,510

 
—

 
(30,161
)
 
45,349

 
222,628

 
—

 
(87,358
)
 
135,270

Fabrication
251,401

 
—

 
(251,401
)
 
—

 
760,972

 
—

 
(760,972
)
 
—

Selling, general and administrative
94,806

 
—

 
(62,123
)
 
32,683

 
283,096

 
—

 
(185,388
)
 
97,708

Depreciation and amortization
98,256

 
—

 
(44,155
)
 
54,101

 
295,734

 
—

 
(139,312
)
 
156,422

Long-lived asset impairment
12,385

 
—

 
(1,044
)
 
11,341

 
26,039

 
—

 
(1,044
)
 
24,995

Restructuring and other charges
219

 
—

 
—

 
219

 
5,394

 
—

 
—

 
5,394

Interest expense
25,737

 
—

 
(182
)
 
25,555

 
86,767

 
—

 
(1,030
)
 
85,737

Equity in income of non-consolidated affiliates
(4,951
)
 
—

 
4,951

 
—

 
(14,553
)
 
—

 
14,553

 
—

Other (income) loss, net
4,663

 
—

 
(6,414
)
 
(1,751
)
 
(1,442
)
 
—

 
(1,448
)
 
(2,890
)
 
688,462

 
—

 
(438,512
)
 
249,950

 
2,031,200

 
—

 
(1,297,516
)
 
733,684

Income (loss) before income taxes
35,370

 
—

 
(37,867
)
 
(2,497
)
 
74,910

 
—

 
(112,250
)
 
(37,340
)
Provision for (benefit from) income taxes
11,215

 
—

 
(23,289
)
 
(12,074
)
 
31,494

 
—

 
(68,860
)
 
(37,366
)
Income from continuing operations
24,155

 
—

 
(14,578
)
 
9,577

 
43,416

 
—

 
(43,390
)
 
26

Income from discontinued operations, net of tax
18,003

 
(122
)
 
14,578

 
32,459

 
54,499

 
(4,403
)
 
43,390

 
93,486

Net income
42,158

 
(122
)
 
—

 
42,036

 
97,915

 
(4,403
)
 
—

 
93,512

Less: Net income attributable to the noncontrolling interest
(8,108
)
 
—

 
—

 
(8,108
)
 
(18,892
)
 
—

 
—

 
(18,892
)
Net income attributable to Archrock stockholders
$
34,050

 
$
(122
)
 
$
—

 
$
33,928

 
$
79,023

 
$
(4,403
)
 
$
—

 
$
74,620

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic income (loss) per common share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations attributable to Archrock common stockholders
$
0.24

 
$
—

 
$
(0.22
)
 
$
0.02

 
$
0.37

 
$
—

 
$
(0.66
)
 
$
(0.29
)
Income from discontinued operations attributable to Archrock common stockholders
0.27

 
—

 
0.21

 
0.48

 
0.81

 
(0.06
)
 
0.67

 
1.42

Net income attributable to Archrock common stockholders
$
0.51

 
$
—

 
$
(0.01
)
 
$
0.50

 
$
1.18

 
$
(0.06
)
 
$
0.01

 
$
1.13

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted income (loss) per common share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations attributable to Archrock common stockholders
$
0.23

 
$
—

 
$
(0.21
)
 
$
0.02

 
$
0.35

 
$
—

 
$
(0.64
)
 
$
(0.29
)
Income from discontinued operations attributable to Archrock common stockholders
0.25

 
(0.01
)
 
0.21

 
0.45

 
0.77

 
(0.06
)
 
0.71

 
1.42

Net income attributable to Archrock common stockholders
$
0.48

 
$
(0.01
)
 
$
—

 
$
0.47

 
$
1.12

 
$
(0.06
)
 
$
0.07

 
$
1.13

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding used in income (loss) per common share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
66,432

 
—

 
—

 
66,432

 
65,861

 
—

 
—

 
65,861

Diluted
70,406

 
—

 
—

 
70,406

 
69,317

 
—

 
(3,456
)
 
65,861

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Dividends declared and paid per common share
$
0.15

 
$
—

 
$
—

 
$
0.15

 
$
0.45

 
$
—

 
$
—

 
$
0.45


(1) 
As discussed in Note 2, in November 2015, we completed the Spin-off of our international contract operations, international aftermarket services and global fabrication businesses into a standalone public company operating as Exterran Corporation. The results of these businesses have been reclassified to discontinued operations in our financial statements for all periods presented.

 
Three Months Ended September 30, 2014
 
Nine Months Ended September 30, 2014
 
As Previously Reported
 
Restatement Adjustments
 
As Restated
 
As Previously Reported
 
Restatement Adjustments
 
As Restated
Net income
$
42,158

 
$
(122
)
 
$
42,036

 
$
97,915

 
$
(4,403
)
 
$
93,512

Other comprehensive loss, net of tax:
 
 
 
 
 
 
 
 
 
 
 
Derivative gain (loss), net of reclassifications to earnings
1,201

 
—

 
1,201

 
(1,019
)
 
—

 
(1,019
)
Adjustments from changes in ownership of Partnership
—

 
—

 
—

 
65

 
—

 
65

Amortization of terminated interest rate swaps
726

 
—

 
726

 
2,255

 
—

 
2,255

Foreign currency translation adjustment
(6,250
)
 
1,681

 
(4,569
)
 
(6,519
)
 
520

 
(5,999
)
Total other comprehensive loss
(4,323
)
 
1,681

 
(2,642
)
 
(5,218
)
 
520

 
(4,698
)
Comprehensive income
37,835

 
1,559

 
39,394

 
92,697

 
(3,883
)
 
88,814

Less: Comprehensive income attributable to the noncontrolling interest
(9,415
)
 
—

 
(9,415
)
 
(19,389
)
 
—

 
(19,389
)
Comprehensive income attributable to Archrock stockholders
$
28,420

 
$
1,559

 
$
29,979

 
$
73,308

 
$
(3,883
)
 
$
69,425


 
September 30, 2014
 
As Previously Reported
 
Restatement Adjustments
 
As Restated
Accumulated Other Comprehensive Income
 
 
 
 
 
Balance at January 1, 2014
$
30,078

 
$
7,468

 
$
37,546

Foreign currency translation adjustment
(6,519
)
 
520

 
(5,999
)
Balance at September 30, 2014
24,363

 
7,988

 
32,351

 
 
 
 
 
 
Accumulated Deficit
 
 
 
 
 
Balance at January 1, 2014
$
(1,924,244
)
 
$
(59,987
)
 
$
(1,984,231
)
Net income
79,023

 
(4,403
)
 
74,620

Balance at September 30, 2014
(1,875,268
)
 
(64,390
)
 
(1,939,658
)
 
 
 
 
 
 
Total
 
 
 
 
 
Balance at January 1, 2014
$
1,813,428

 
$
(52,519
)
 
$
1,760,909

Net income
97,915

 
(4,403
)
 
93,512

Foreign currency translation adjustment
(6,519
)
 
520

 
(5,999
)
Balance at September 30, 2014
1,961,726

 
(56,402
)
 
1,905,324



The effects of the restatement on our summarized quarterly financial data for the three months ended December 31, 2014 are set forth in the following tables (in thousands, except per share data):

 
Three Months Ended December 31, 2014
 
As Previously Reported
 
Restatement Adjustments
 
As Restated
Net income (loss) attributable to Archrock stockholders
$
19,143

 
$
(32,818
)
 
$
(13,675
)
Net income (loss) attributable to Archrock stockholders per share:
 
 
 
 
 
Basic
$
0.28

 
$
(0.48
)
 
$
(0.20
)
Diluted
0.28

 
(0.48
)
 
(0.20
)