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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands, shares in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
OPERATING REVENUES:        
Total operating revenue $ 506,000 $ 454,000 $ 1,004,000 $ 922,000
OPERATING EXPENSES:        
Cost of operations 390,000 351,000 788,000 722,000
Other operating expense, net 3,000 2,000 (1,000) 4,000
General and administrative expense 33,000 27,000 66,000 57,000
Depreciation and amortization expense 55,000 56,000 112,000 114,000
Impairment charges 0 0 0 19,000
Total operating expense 481,000 436,000 965,000 916,000
Operating income 25,000 18,000 39,000 6,000
Other income (expense):        
Interest expense (32,000) (34,000) (63,000) (68,000)
Net gain on sale of business and investments 0 0 0 9,000
Other expense 0 (1,000) 0 (2,000)
Total expense (32,000) (35,000) (63,000) (61,000)
Loss before income tax (expense) benefit and equity in net income from unconsolidated investments (7,000) (17,000) (24,000) (55,000)
Income tax (expense) benefit (12,000) 4,000 6,000 9,000
Equity in net income from unconsolidated investments 0 0 1,000 1,000
Net loss $ (19,000) $ (13,000) $ (17,000) $ (45,000)
Weighted Average Common Shares Outstanding:        
Basic 133 132 133 132
Diluted 133 132 133 132
Earnings Per Share Attributable to Covanta Holding Corporation stockholders':        
Basic $ (0.14) $ (0.10) $ (0.13) $ (0.34)
Diluted (0.14) (0.10) (0.13) (0.34)
Cash Dividend Declared Per Share $ 0.08 $ 0.08 $ 0.16 $ 0.33
Waste revenue        
OPERATING REVENUES:        
Total operating revenue $ 364,000 $ 337,000 $ 707,000 $ 677,000
Energy revenue        
OPERATING REVENUES:        
Total operating revenue 86,000 78,000 190,000 171,000
Materials sales revenue        
OPERATING REVENUES:        
Total operating revenue 38,000 20,000 74,000 37,000
Services revenue        
OPERATING REVENUES:        
Total operating revenue $ 18,000 $ 19,000 $ 33,000 $ 37,000