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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Revenues $ 503,082 $ 513,024 $ 980,674 $ 1,010,614
Cost of revenues 325,222 343,319 645,589 677,706
Gross profit 177,860 169,705 335,085 332,908
Operating expenses        
Sales and marketing 44,753 39,376 86,221 80,143
Product development 43,111 43,354 83,979 88,700
General and administrative 43,161 45,328 80,407 90,397
Amortization of intangible assets 4,970 7,796 9,519 14,006
Restructuring 5,043 (1,622) 8,095 615
Total operating expenses 141,038 134,232 268,221 273,861
Operating income 36,822 35,473 66,864 59,047
Other income (expense)        
Interest income 470 221 739 492
Interest expense (2,876) (2,735) (5,550) (5,653)
Other income (expense), net (2,849) (264) (5,425) (1,781)
Total other income (expense) (5,255) (2,778) (10,236) (6,942)
Income before income taxes 31,567 32,695 56,628 52,105
Income tax provision (16,560) (12,193) (25,607) (20,819)
Net income 15,007 20,502 31,021 31,286
Net income attributable to noncontrolling interests 910 585 1,079 1,280
Net income attributable to Itron, Inc. $ 14,097 $ 19,917 $ 29,942 $ 30,006
Earnings per common share - Basic $ 0.36 $ 0.52 $ 0.78 $ 0.79
Earnings per common share - Diluted $ 0.36 $ 0.52 $ 0.76 $ 0.78
Weighted average common shares outstanding - Basic 38,683 38,236 38,579 38,147
Weighted average common shares outstanding - Diluted 39,332 38,516 39,274 38,446