Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Operations

v3.19.2
Condensed Consolidated Statements Of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Total revenues $ 55,480 $ 57,728 $ 106,773 $ 115,050
Costs and expenses:        
Operating 38,820 40,332 75,516 77,992
Administrative and general 8,895 14,806 17,770 26,877
Depreciation and amortization 9,520 10,116 18,970 20,470
Total costs and expenses 57,235 65,254 112,256 125,339
Gains (losses) on asset dispositions, net (68) (1,997) (192) 2,417
Operating loss (1,823) (9,523) (5,675) (7,872)
Other income (expense):        
Interest income 934 346 1,686 492
Interest expense (3,432) (3,521) (6,893) (8,097)
Loss on sale of investments (569) 0 (569) 0
Foreign currency gains (losses), net 270 (1,075) 144 (1,001)
Gains (losses) on debt extinguishment (13) 0 (13) 175
Other, net (9) 14 (20) 6
Total other income (expense) (2,819) (4,236) (5,665) (8,425)
Loss before income taxes and equity earnings (4,642) (13,759) (11,340) (16,297)
Income tax expense (benefit) 1,394 (2,574) (194) (3,312)
Income (loss) before equity earnings (6,036) (11,185) (11,146) (12,985)
Equity earnings, net of tax 10,910 669 9,935 1,112
Net income (loss) 4,874 (10,516) (1,211) (11,873)
Net loss attributable to noncontrolling interest in subsidiary 66 137 208 300
Net income (loss) attributable to Era Group Inc. $ 4,940 $ (10,379) $ (1,003) $ (11,573)
Income (loss) per common share, basic and diluted (in dollars per shares) $ 0.22 $ (0.49) $ (0.05) $ (0.55)
Weighted average common shares outstanding, basic and diluted (in shares) 21,448,115 21,199,280 21,386,058 21,199,688
Weighted Average Number of Shares Outstanding, Basic 21,448,115 21,199,280 21,386,058 21,199,688
Operating revenues        
Revenues:        
Total revenues $ 51,193 $ 54,472 $ 99,022 $ 109,221
Dry-leasing revenues        
Revenues:        
Total revenues $ 4,287 $ 3,256 $ 7,751 $ 5,829