Net (Loss) Income Per Share (Tables)

6 Months Ended

Jun. 30, 2016

Earnings Per Share [Abstract]

Schedule of Net Income (Loss) Per Share

	Three Months Ended June 30,			Six Months Ended June 30,
	2016		2015	2016		2015
	$		$	$		$
Net (loss) income attributable to shareholders of Teekay Corporation	(77,809	)	65,912	(126,592	)	56,148
The Company's portion of the Inducement Premium and Exchange Contribution charged to retained earnings by Teekay Offshore (note 10d)	(4,993	)	—	(4,993	)	—
Net (loss) income attributable to shareholders of Teekay Corporation - basic and diluted	(82,802	)	65,912	(131,585	)	56,148
Weighted average number of common shares	72,945,635		72,697,121	72,844,031		72,623,503
Dilutive effect of stock-based compensation	—		780,559	—		755,725
Common stock and common stock equivalents	72,945,635		73,477,680	72,844,031		73,379,228
(Loss) income per common share:
– Basic	(1.14	)	0.91	(1.81	)	0.77
– Diluted	(1.14	)	0.90	(1.81	)	0.77