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Unaudited Consolidated Statements of Income (Loss) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Revenues (note 3) $ 482,805,000 $ 462,397,000 $ 1,056,859,000 $ 949,270,000
Voyage expenses (66,896,000) (103,410,000) (188,460,000) (212,193,000)
Vessel operating expenses (147,796,000) (162,621,000) (301,089,000) (319,613,000)
Time-charter hire expenses (note 6) (17,714,000) (28,817,000) (44,770,000) (58,655,000)
Depreciation and amortization (62,936,000) (73,849,000) (135,853,000) (145,956,000)
General and administrative expenses (23,668,000) (20,868,000) (41,945,000) (43,840,000)
Write-down and gain (loss) on sale (note 7) (10,669,000) 0 (105,275,000) (3,328,000)
Gain on commencement of sales-type lease (note 3) 0 0 44,943,000 0
Restructuring charges (note 14) (4,622,000) (1,369,000) (7,010,000) (9,990,000)
Income from vessel operations 148,504,000 71,463,000 277,400,000 155,695,000
Interest expense (59,245,000) (70,205,000) (121,765,000) (143,876,000)
Interest income 2,314,000 2,233,000 5,117,000 4,922,000
Realized and unrealized losses on non-designated derivative instruments (note 16) (9,270,000) (10,964,000) (30,933,000) (16,387,000)
Equity income (loss) (note 4 and 13b) 35,343,000 (6,284,000) 37,656,000 (67,937,000)
Foreign exchange loss (notes 10 and 16) (8,922,000) (5,851,000) (2,276,000) (8,481,000)
Other Income (Loss) (399,000) (11,099,000) (1,080,000) (11,071,000)
Income (loss) before income taxes 108,325,000 (30,707,000) 164,119,000 (87,135,000)
Income tax recovery (expense) (note 17) 17,175,000 (3,404,000) 13,383,000 (8,440,000)
Net income (loss) 125,500,000 (34,111,000) 177,502,000 (95,575,000)
Net income attributable to non-controlling interests (103,777,000) (5,374,000) (205,584,000) (28,167,000)
Net income (loss) attributable to the shareholders of Teekay Corporation $ 21,723,000 $ (39,485,000) $ (28,082,000) $ (123,742,000)
Earnings Per Share, Basic $ 0.21 $ (0.39) $ (0.28) $ (1.23)
Earnings Per Share, Diluted $ 0.21 $ (0.39) $ (0.28) $ (1.23)
Weighted average number of common shares outstanding (note 18)        
Weighted Average Number of Shares Outstanding, Basic 101,107,362 100,783,496 100,997,456 100,652,685
Weighted Average Number of Shares Outstanding, Diluted 101,196,383 100,783,496 100,997,456 100,652,685