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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Jun. 30, 2015
Jun. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues $ 496,448 $ 469,528 $ 470,811 $ 446,746 $ 510,521 $ 482,352 $ 482,314 $ 472,429 $ 917,557 $ 954,743 $ 1,387,085 $ 1,437,095 $ 1,883,533 $ 1,947,616 $ 1,938,025
Cost of revenues   322,238 352,257 308,324   337,053 321,627 319,606 660,581 641,233 982,819 978,286 1,326,848 1,333,566 1,323,257
Gross profit 152,419 147,290 118,554 138,422 155,241 145,299 160,687 152,823 256,976 313,510 404,266 458,809 556,685 614,050 614,768
Operating expenses                              
Sales and marketing   39,217 43,058 41,027   44,559 45,371 45,609 84,085 90,980 123,302 135,539 161,380 182,503 182,687
Product development   41,559 43,318 41,522   42,357 43,958 44,434 84,840 88,392 126,399 130,749 162,334 175,500 175,420
General and administrative   31,118 32,492 39,585   36,603 38,029 39,864 72,077 77,893 103,195 114,496 155,715 162,466 143,932
Amortization of Intangible Assets   7,869 7,888 7,973   10,917 11,109 11,070 15,861 22,179 23,730 33,096 31,673 43,619 42,019
Restructuring   587 (4,234) (5,181)   57 (8,657) 6,383 (9,415) (2,274) (8,828) (2,217) (7,263) 49,482 36,347
Goodwill impairment   0 0 0   0 0 0 0 0 0 0 0 0 174,226
Total operating expenses   120,350 122,522 124,926   134,493 129,810 147,360 247,448 277,170 367,798 411,663 503,839 613,570 754,631
Operating income (loss)   26,940 (3,968) 13,496   10,806 30,877 5,463 9,528 36,340 36,468 47,146 52,846 480 (139,863)
Other income (expense)                              
Interest income   180 212 48   163 53 97 260 150 440 313 761 494 1,152
Interest expense   (2,799) (3,855) (2,682)   (3,015) (2,912) (2,910) (6,537) (5,822) (9,336) (8,837) (12,289) (11,602) (10,686)
Other income (expense), net   (1,119) (1,905) 21   (1,567) (1,374) (2,503) (1,884) (3,877) (3,003) (5,444) (4,216) (7,637) (4,003)
Total other income (expense)   (3,738) (5,548) (2,613)   (4,419) (4,233) (5,316) (8,161) (9,549) (11,899) (13,968) (15,744) (18,745) (13,537)
Income (loss) before income taxes   23,202 (9,516) 10,883   6,387 26,644 147 1,367 26,791 24,569 33,178 37,102 (18,265) (153,400)
Income tax (provision) benefit   (9,932) (4,098) (5,030)   (2,557) (5,223) (1,061) (9,128) (6,284) (19,060) (8,841) (22,099) (4,035) 2,466
Net income (loss)   13,270 (13,614) 5,853   3,830 21,421 (914) (7,761) 20,507 5,509 24,337 15,003 (22,300) (150,934)
Net income attributable to noncontrolling interests   630 732 455   245 585 136 1,187 721 1,817 966 2,325 1,370 2,219
Net income (loss) attributable to Itron, Inc. $ 8,986 $ 12,640 $ (14,346) $ 5,398 $ (47,041) $ 3,585 $ 20,836 $ (1,050) $ (8,948) $ 19,786 $ 3,692 $ 23,371 $ 12,678 $ (23,670) $ (153,153)
Earnings (loss) per common share - Basic $ 0.23 $ 0.33 $ (0.37) $ 0.14 $ (1.21) $ 0.09 $ 0.53 $ (0.03) $ (0.23) $ 0.50 $ 0.10 $ 0.60 $ 0.33 $ (0.60) $ (3.90)
Earnings (loss) per common share - Diluted $ 0.23 $ 0.33 $ (0.37) $ 0.14 $ (1.21) $ 0.09 $ 0.53 $ (0.03) $ (0.23) $ 0.50 $ 0.10 $ 0.59 $ 0.33 $ (0.60) $ (3.90)
Weighted average common shares outstanding - Basic   38,114 38,434 38,442   39,213 39,356 39,235 38,438 39,296 38,329 39,268 38,224 39,184 39,281
Weighted average common shares outstanding - Diluted   38,358 38,434 38,758   39,493 39,544 39,235 38,438 39,528 38,591 39,516 38,506 39,184 39,281