XML 75 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:        
Revenues $ 649,501 $ 723,832 $ 2,062,415 $ 2,106,110
Cost of sales (excluding depreciation and amortization expense):        
Costs of sales (excluding depreciation and amortization expense) 409,739 457,347 1,306,800 1,350,165
Selling, general and administrative 82,124 94,806 252,684 283,096
Depreciation and amortization 94,924 98,256 285,057 295,734
Long-lived asset impairment 23,708 12,385 51,860 26,039
Restructuring and other charges 11,998 219 36,392 5,394
Interest expense 28,577 25,737 84,273 86,767
Equity in income of non-consolidated affiliates (5,084) (4,951) (15,152) (14,553)
Other (income) expense, net 30,129 4,663 38,975 (1,442)
Total costs and expenses 676,115 688,462 2,040,889 2,031,200
Income (loss) before income taxes (26,614) 35,370 21,526 74,910
Provision for (benefit from) income taxes (3,605) 11,215 14,628 31,494
Income (loss) from continuing operations (23,009) 24,155 6,898 43,416
Income from discontinued operations, net of tax 18,776 18,003 37,743 54,499
Net income (loss) (4,233) 42,158 44,641 97,915
Less: Net income attributable to the noncontrolling interest (2,071) (8,108) (20,192) (18,892)
Net income (loss) attributable to Exterran stockholders $ (6,304) $ 34,050 $ 24,449 $ 79,023
Basic income (loss) per common share:        
Income (loss) from continuing operations attributable to Exterran common stockholders (in dollars per share) $ (0.37) $ 0.24 $ (0.20) $ 0.37
Income from discontinued operations attributable to Exterran common stockholders (in dollars per share) 0.28 0.27 0.55 0.81
Net income (loss) attributable to Exterran common stockholders (in dollars per share) (0.09) 0.51 0.35 1.18
Diluted income (loss) per common share:        
Income (loss) from continuing operations attributable to Exterran common stockholders (in dollars per share) (0.37) 0.23 (0.20) 0.35
Income from discontinued operations attributable to Exterran common stockholders (in dollars per share) 0.28 0.25 0.55 0.77
Net income (loss) attributable to Exterran common stockholders (in dollars per share) $ (0.09) $ 0.48 $ 0.35 $ 1.12
Weighted average common shares outstanding used in income (loss) per common share:        
Basic (in shares) 68,560 66,432 68,441 65,861
Diluted (in shares) 68,560 70,406 68,441 69,317
Dividends declared and paid per common share (in dollars per share) $ 0.15 $ 0.15 $ 0.45 $ 0.45
North America Contract Operations        
Revenues:        
Revenues $ 191,692 $ 191,000 $ 592,212 $ 529,463
Cost of sales (excluding depreciation and amortization expense):        
Costs of sales (excluding depreciation and amortization expense) 77,927 82,453 241,827 231,048
International Contract Operations        
Revenues:        
Revenues 114,104 124,355 350,045 369,787
Cost of sales (excluding depreciation and amortization expense):        
Costs of sales (excluding depreciation and amortization expense) 41,114 47,983 130,198 135,517
Aftermarket Services        
Revenues:        
Revenues 82,443 96,005 260,133 284,412
Cost of sales (excluding depreciation and amortization expense):        
Costs of sales (excluding depreciation and amortization expense) 63,773 75,510 199,878 222,628
Fabrication        
Revenues:        
Revenues 261,262 312,472 860,025 922,448
Cost of sales (excluding depreciation and amortization expense):        
Costs of sales (excluding depreciation and amortization expense) $ 226,925 $ 251,401 $ 734,897 $ 760,972