XML 15 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements of Income and Comprehensive (Loss) Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Sales $ 203,930 $ 264,047 $ 644,782 $ 779,404
Cost of sales 134,307 195,758 435,507 563,712
Gross profit 69,623 68,289 209,275 215,692
Selling, general and administrative expenses 45,430 48,108 143,862 146,898
Amortization 2,912 4,572 9,156 13,099
Asset impairment 1,217 0 1,217 0
Operating expenses 49,559 52,680 154,235 159,997
Operating income 20,064 15,609 55,040 55,695
Other expenses:        
Interest expense, net 4,291 4,073 12,556 11,994
Financing costs amortization 321 322 963 969
Foreign currency loss 4 848 117 771
Other expenses, net 4,616 5,243 13,636 13,734
Income before income taxes 15,448 10,366 41,404 41,961
Income tax expense 1,764 6,095 12,829 15,333
Net income 13,684 4,271 28,575 26,628
Noncontrolling interests, net of taxes (1,341) (489) (2,952) (535)
Net income attributable to Chart Industries, Inc. $ 15,025 $ 4,760 $ 31,527 $ 27,163
Net income attributable to Chart Industries, Inc. per common share:        
Basic $ 0.49 $ 0.16 $ 1.03 $ 0.89
Diluted $ 0.48 $ 0.15 $ 1.02 $ 0.88
Weighted-average number of common shares outstanding:        
Basic 30,585 30,498 30,578 30,487
Diluted 31,064 30,745 30,940 30,693
Comprehensive income (loss), net of taxes $ 13,932 $ (1,964) $ 29,235 $ 15,243
Less: Comprehensive loss attributable to noncontrolling interests, net of taxes (1,364) (762) (3,069) (803)
Comprehensive income (loss) attributable to Chart Industries, Inc., net of taxes $ 15,296 $ (1,202) $ 32,304 $ 16,046