Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Operations

v3.19.1
Condensed Consolidated Statements Of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Total revenues $ 51,293 $ 57,322
Costs and expenses:    
Operating 36,696 37,660
Administrative and general 8,875 12,071
Depreciation and amortization 9,450 10,354
Total costs and expenses 55,021 60,085
Gains (losses) on asset dispositions, net (124) 4,414
Operating income (loss) (3,852) 1,651
Other income (expense):    
Interest income 752 146
Interest expense (3,461) (4,576)
Foreign currency gains (losses), net (126) 74
Gain on debt extinguishment 0 175
Other, net (11) (8)
Total other income (expense) (2,846) (4,189)
Loss before income taxes and equity earnings (6,698) (2,538)
Income tax benefit (1,588) (738)
Income (loss) before equity earnings (5,110) (1,800)
Equity earnings (losses), net of tax (975) 443
Net loss (6,085) (1,357)
Net loss attributable to noncontrolling interest in subsidiary 142 163
Net loss attributable to Era Group Inc. $ (5,943) $ (1,194)
Loss per common share, basic and diluted (in dollars per shares) $ (0.28) $ (0.06)
Weighted average common shares outstanding, basic and diluted (in shares) 21,323,312 21,003,777
Operating revenues    
Revenues:    
Total revenues $ 47,830 $ 54,750
Dry-leasing revenues    
Revenues:    
Total revenues $ 3,463 $ 2,572