Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Operations

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Condensed Consolidated Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Operating revenues $ 57,878 $ 63,351 $ 112,405 $ 125,933
Costs and expenses:        
Operating 41,335 47,396 79,092 91,703
Administrative and general 9,902 8,140 20,283 17,367
Depreciation and amortization 11,978 12,691 23,532 25,457
Total costs and expenses 63,215 68,227 122,907 134,527
Gains on asset dispositions, net 5,061 1,367 5,170 4,280
Operating loss (276) (3,509) (5,332) (4,314)
Other income (expense):        
Interest income 185 403 435 704
Interest expense (3,934) (4,130) (7,523) (8,878)
Foreign currency gains (losses), net (136) 329 (108) 610
Gain on debt extinguishment 0 518 0 518
Other, net (8) 46 4 29
Total other income (expense) (3,893) (2,834) (7,192) (7,017)
Income (loss) before income taxes and equity earnings (4,169) (6,343) (12,524) (11,331)
Income tax benefit (726) (1,232) (2,829) (2,246)
Income (loss) before equity earnings (3,443) (5,111) (9,695) (9,085)
Equity earnings, net of tax 371 601 836 625
Net income (loss) (3,072) (4,510) (8,859) (8,460)
Net loss attributable to noncontrolling interest in subsidiary 285 6,448 452 6,580
Net income (loss) attributable to Era Group Inc. $ (2,787) $ 1,938 $ (8,407) $ (1,880)
Income (loss) per common share:        
Basic (in dollars per share) $ (0.13) $ 0.09 $ (0.41) $ (0.09)
Diluted (in dollars per share) $ (0.13) $ 0.09 $ (0.41) $ (0.09)
Weighted average common shares outstanding:        
Basic (in shares) 20,789,537 20,361,533 20,650,274 20,290,735
Diluted (in shares) 20,789,537 20,364,382 20,650,274 20,290,735