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Consolidated Statements of Operations - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Total revenues $ 2,376,117,000 $ 2,018,197,000 $ 2,013,186,000
Total cost of revenues 1,645,798,000 1,341,446,000 1,350,654,000
Gross profit 730,319,000 676,751,000 662,532,000
Operating expenses      
Sales, general and administrative 423,210,000 325,264,000 319,571,000
Product development 207,905,000 169,407,000 167,766,000
Amortization of intangible assets 71,713,000 20,785,000 25,112,000
Restructuring 77,183,000 6,418,000 49,090,000
Total operating expenses 780,011,000 521,874,000 561,539,000
Operating income (loss) (49,692,000) 154,877,000 100,993,000
Other income (expense)      
Interest income 2,153,000 2,126,000 865,000
Interest expense (58,203,000) (13,845,000) (13,521,000)
Other income (expense), net (3,409,000) (8,583,000) (3,710,000)
Total other income (expense) (59,459,000) (20,302,000) (16,366,000)
Income (loss) before income taxes (109,151,000) 134,575,000 84,627,000
Income tax benefit (provision) 12,570,000 (74,326,000) (49,574,000)
Net income (loss) (96,581,000) 60,249,000 35,053,000
Net income attributable to noncontrolling interests 2,669,000 2,951,000 3,283,000
Net income (loss) attributable to Itron, Inc. $ (99,250,000) $ 57,298,000 $ 31,770,000
Earnings (loss) per common share - Basic (in dollars per share) $ (2.53) [1] $ 1.48 [1] $ 0.83
Earnings (loss) per common share - Diluted (in dollars per share) $ (2.53) [1] $ 1.45 [1] $ 0.82
Weighted average common shares outstanding - Basic (in shares) 39,244 38,655 38,207
Weighted average common shares outstanding - Diluted (in shares) 39,244 39,387 38,643
Product [Member]      
Total revenues $ 2,095,458,000 $ 1,813,925,000 $ 1,830,070,000
Total cost of revenues 1,476,498,000 1,204,127,000 1,236,977,000
Service [Member]      
Total revenues 280,659,000 204,272,000 183,116,000
Total cost of revenues $ 169,300,000 $ 137,319,000 $ 113,677,000
[1] The sum of the quarterly EPS data presented in the table may not equal the annual results due to rounding and the impact of dilutive securities on the annual versus the quarterly EPS calculations.