CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands |
3 Months Ended | 12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 |
Sep. 30, 2015 |
Jun. 30, 2015 |
Mar. 31, 2015 |
Dec. 31, 2014 |
Sep. 30, 2014 |
Jun. 30, 2014 |
Mar. 31, 2014 |
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
|
| Income Statement [Abstract] | |||||||||||
| Operating revenues | $ 73,943 | $ 69,741 | $ 70,738 | $ 67,415 | $ 74,689 | $ 90,510 | $ 86,580 | $ 79,443 | $ 281,837 | $ 331,222 | $ 298,959 |
| Costs and expenses: | |||||||||||
| Operating | (171,481) | (204,373) | (186,612) | ||||||||
| Administrative and general | 42,812 | 43,987 | 38,924 | ||||||||
| Depreciation and amortization | (47,337) | (46,312) | (45,561) | ||||||||
| Total costs and expenses | 261,630 | 294,672 | 271,097 | ||||||||
| Gains on asset dispositions | 5,953 | 6,101 | 18,301 | ||||||||
| Goodwill impairment | (1,866) | 0 | 0 | ||||||||
| Operating income | 4,783 | 5,123 | 8,535 | 5,853 | 7,445 | 11,583 | 13,550 | 10,073 | 24,294 | 42,651 | 46,163 |
| Other income (expense): | |||||||||||
| Interest income | 1,191 | 540 | 591 | ||||||||
| Interest expense | (13,526) | (14,778) | (18,050) | ||||||||
| SEACOR management fees | 0 | 0 | (168) | ||||||||
| Derivative losses, net | (18) | (944) | (104) | ||||||||
| Foreign currency gains (losses), net | (2,590) | (2,377) | 698 | ||||||||
| Gain on debt extinguishment | 1,617 | 0 | 0 | ||||||||
| Gain on sale of FBO | 12,946 | 0 | 0 | ||||||||
| Note receivable impairment | 0 | (2,457) | 0 | ||||||||
| Other, net | 45 | (4) | 19 | ||||||||
| Total other income (expense) | (335) | (20,020) | (17,014) | ||||||||
| Income before income tax expense and equity earnings (losses) | 23,959 | 22,631 | 29,149 | ||||||||
| Income tax expense (benefit): | |||||||||||
| Current | (83) | 1,235 | 4,591 | ||||||||
| Deferred | 14,200 | 7,050 | 7,136 | ||||||||
| Total income tax expense (benefit) | 14,117 | 8,285 | 11,727 | ||||||||
| Income before equity earnings (losses) | 9,842 | 14,346 | 17,422 | ||||||||
| Equity earnings (losses), net of tax | (1,943) | 2,675 | 882 | ||||||||
| Net income | (3,620) | 653 | 11,105 | (239) | 3,140 | 4,311 | 5,196 | 4,374 | 7,899 | 17,021 | 18,304 |
| Net loss attributable to noncontrolling interest in subsidiaries | 806 | 96 | 401 | ||||||||
| Net income attributable to Era Group Inc. | 8,705 | 17,117 | 18,705 | ||||||||
| Accretion of redemption value on Series A Preferred Stock | 0 | 0 | 721 | ||||||||
| Net income attributable to common shares | $ (3,447) | $ 861 | $ 11,333 | $ (42) | $ 3,185 | $ 4,266 | $ 5,221 | $ 4,445 | $ 8,705 | $ 17,117 | $ 17,984 |
| Earnings per common share: | |||||||||||
| Earnings Per Share, Basic (in usd per share) | $ (0.17) | $ 0.04 | $ 0.55 | $ 0.00 | $ 0.16 | $ 0.21 | $ 0.26 | $ 0.22 | $ 0.42 | $ 0.84 | $ 0.88 |
| Earnings Per Share, Diluted (in usd per share) | $ (0.17) | $ 0.04 | $ 0.55 | $ 0.00 | $ 0.16 | $ 0.21 | $ 0.26 | $ 0.22 | $ 0.42 | $ 0.84 | $ 0.88 |
| Weighted average common shares outstanding: | |||||||||||
| Weighted average number of common shares outstanding—basic (in shares) | 20,228,370 | 20,073,378 | 20,299,854 | ||||||||
| Weighted average number of common shares outstanding—diluted (in shares) | 20,270,756 | 20,139,581 | 20,344,782 | ||||||||
| X | ||||||||||
- Definition Income before equity in earnings of 50% or less owned companies. No definition available.
|
| X | ||||||||||
- Definition Income (Loss) from Equity Method Investments, Including Gain (Loss) on Sale No definition available.
|
| X | ||||||||||
- Definition Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Total costs of sales and operating expenses for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Costs of sales and operating expenses for the period incurred from transactions with related parties. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of current income tax expense (benefit) pertaining to taxable income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount before tax of foreign currency transaction realized and unrealized gain (loss) recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Aggregate net gain (loss) on all derivative instruments recognized in earnings during the period, before tax effects. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of gain (loss) on sale or disposal of property, plant and equipment assets, excluding oil and gas property and timber property. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Gain (loss) from sale or disposal of an organization or integrated set of activities (for example, but not limited to, a partnership or corporation) engaged in providing a product or service in a commercial, industrial, or professional environment. No definition available.
|
| X | ||||||||||
- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of loss from the write-down of an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Excludes Selling, General and Administrative Expense. No definition available.
|
| X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
|
| X | ||||||||||
- Definition The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of accretion of the preferred stock redemption discount during the period. No definition available.
|
| X | ||||||||||
- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References No definition available.
|