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Consolidated Statements of Income (Loss) (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Income Statement [Abstract]      
Revenues $ 1,993,920us-gaap_Revenues $ 1,830,085us-gaap_Revenues $ 1,980,771us-gaap_Revenues
Voyage expenses (127,847)us-gaap_OtherCostOfServices (112,218)us-gaap_OtherCostOfServices (138,283)us-gaap_OtherCostOfServices
Vessel operating expenses (809,319)us-gaap_OtherCostAndExpenseOperating (806,152)us-gaap_OtherCostAndExpenseOperating (813,326)us-gaap_OtherCostAndExpenseOperating
Time-charter hire expense (67,219)us-gaap_LeaseAndRentalExpense (103,646)us-gaap_LeaseAndRentalExpense (130,739)us-gaap_LeaseAndRentalExpense
Depreciation and amortization (422,904)us-gaap_DepreciationAndAmortization (431,086)us-gaap_DepreciationAndAmortization (455,898)us-gaap_DepreciationAndAmortization
General and administrative (140,917)us-gaap_GeneralAndAdministrativeExpense (140,958)us-gaap_GeneralAndAdministrativeExpense (144,296)us-gaap_GeneralAndAdministrativeExpense
Asset impairments (note 18b) (4,759)us-gaap_AssetImpairmentCharges (167,605)us-gaap_AssetImpairmentCharges (432,196)us-gaap_AssetImpairmentCharges
Loan loss recoveries (provisions) (note 18b) 2,521us-gaap_ProvisionForLoanAndLeaseLosses (748)us-gaap_ProvisionForLoanAndLeaseLosses (1,886)us-gaap_ProvisionForLoanAndLeaseLosses
Net gain (loss) on sale of vessels, equipment and other assets (note 18a) 13,509us-gaap_GainLossOnDispositionOfAssets 1,995us-gaap_GainLossOnDispositionOfAssets (6,975)us-gaap_GainLossOnDispositionOfAssets
Restructuring charges (note 20) (9,826)us-gaap_RestructuringCharges (6,921)us-gaap_RestructuringCharges (7,565)us-gaap_RestructuringCharges
Income (loss) from vessel operations 427,159us-gaap_OperatingIncomeLoss 62,746us-gaap_OperatingIncomeLoss (150,393)us-gaap_OperatingIncomeLoss
Interest expense (208,529)us-gaap_InterestExpense (181,396)us-gaap_InterestExpense (167,615)us-gaap_InterestExpense
Interest income 6,827us-gaap_InterestIncomeOther 9,708us-gaap_InterestIncomeOther 6,159us-gaap_InterestIncomeOther
Realized and unrealized (loss) gain on non-designated derivative instruments (note 15) (231,675)us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet 18,414us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet (80,352)us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
Equity income (note 23) 128,114us-gaap_IncomeLossFromEquityMethodInvestments 136,538us-gaap_IncomeLossFromEquityMethodInvestments 79,211us-gaap_IncomeLossFromEquityMethodInvestments
Foreign exchange gain (loss) (notes 8 and 15) 13,431us-gaap_ForeignCurrencyTransactionGainLossBeforeTax (13,304)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax (12,898)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax
Other (loss) income (note 14) (1,152)us-gaap_NonoperatingIncomeExpense 5,646us-gaap_NonoperatingIncomeExpense 366us-gaap_NonoperatingIncomeExpense
Net income (loss) before income taxes 134,175us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 38,352us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (325,522)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax (expense) recovery (note 21) (10,173)us-gaap_IncomeTaxExpenseBenefit (2,872)us-gaap_IncomeTaxExpenseBenefit 14,406us-gaap_IncomeTaxExpenseBenefit
Net income (loss) 124,002us-gaap_ProfitLoss 35,480us-gaap_ProfitLoss (311,116)us-gaap_ProfitLoss
Less: Net (income) loss attributable to non-controlling interests (178,759)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (150,218)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 150,936us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net loss attributable to shareholders of Teekay Corporation $ (54,757)us-gaap_NetIncomeLoss $ (114,738)us-gaap_NetIncomeLoss $ (160,180)us-gaap_NetIncomeLoss
Per common share of Teekay Corporation (note 19)      
Basic loss attributable to shareholders of Teekay Corporation $ (0.76)us-gaap_EarningsPerShareBasic $ (1.63)us-gaap_EarningsPerShareBasic $ (2.31)us-gaap_EarningsPerShareBasic
Diluted loss attributable to shareholders of Teekay Corporation $ (0.76)us-gaap_EarningsPerShareDiluted $ (1.63)us-gaap_EarningsPerShareDiluted $ (2.31)us-gaap_EarningsPerShareDiluted
Cash dividends declared $ 1.2650us-gaap_CommonStockDividendsPerShareDeclared $ 1.2650us-gaap_CommonStockDividendsPerShareDeclared $ 1.2650us-gaap_CommonStockDividendsPerShareDeclared
Weighted average number of common shares outstanding (note 19)      
Basic 72,066,008us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 70,457,968us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 69,263,369us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted 72,066,008us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 70,457,968us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 69,263,369us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding