XML 21 R4.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Sales $ 1,177.1 $ 1,215.5 $ 1,003.9
Cost of sales 845.0 918.0 744.8
Gross profit 332.1 297.5 259.1
Selling, general and administrative expenses 178.2 205.7 172.7
Amortization expense 45.7 39.8 21.9
Asset impairments 16.0 0.0 0.0
Operating expenses 239.9 245.5 194.6
Operating income 92.2 52.0 64.5
Interest expense, net 17.7 14.7 21.4
Gain on bargain purchase (5.0) 0.0 0.0
Unrealized (gain) loss on investment in equity securities (13.1) 0.1 0.0
Financing costs amortization 4.3 3.0 1.3
Foreign currency loss (gain) 0.9 (0.4) 0.1
Other expense 2.2 0.0 0.0
Income from continuing operations before income taxes 85.2 34.6 41.7
Income tax expense (benefit):      
Current 13.9 19.0 1.9
Deferred 1.0 (16.2) 5.3
Income tax expense (benefit), net 14.9 2.8 7.2
Net income from continuing operations 70.3 31.8 34.5
Income from discontinued operations, net of tax 239.2 15.0 55.5
Net income 309.5 46.8 90.0
Less: Income attributable to noncontrolling interests of continuing operations, net of taxes 1.4 0.4 2.0
Net income attributable to Chart Industries, Inc. 308.1 46.4 88.0
Net income attributable to Chart Industries, Inc.      
Income from continuing operations 68.9 31.4 32.5
Income from discontinued operations 239.2 15.0 55.5
Net income attributable to Chart Industries, Inc. $ 308.1 $ 46.4 $ 88.0
Basic earnings per common share attributable to Chart Industries, Inc.      
Income from continuing operations (usd per share) $ 1.95 $ 0.93 $ 1.05
Income from discontinued operations (usd per share) 6.76 0.44 1.78
Net income attributable to Chart Industries, Inc. (usd per share) 8.71 1.37 2.83
Diluted earnings per common share attributable to Chart Industries, Inc.      
Income from continuing operations (usd per share) 1.89 0.89 1.01
Income from discontinued operations (usd per share) 6.56 0.43 1.72
Net income attributable to Chart Industries, Inc. (usd per share) $ 8.45 $ 1.32 $ 2.73
Weighted-average number of common shares outstanding:      
Basic (shares) 35,380 33,910 31,050
Diluted (shares) 36,450 35,170 32,200