Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.4.0.3
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Income Statement [Abstract]    
Operating revenues $ 62,582 $ 67,415
Costs and expenses:    
Operating 44,307 43,605
Administrative and general 9,227 9,743
Depreciation and amortization 12,766 11,602
Total costs and expenses 66,300 64,950
Gains on asset dispositions, net 2,913 3,388
Operating income (loss) (805) 5,853
Other income (expense):    
Interest income 301 251
Interest expense (4,748) (3,545)
Derivative losses, net 0 (12)
Foreign currency gains (losses), net 281 (2,960)
Gain on debt extinguishment 0 264
Other, net (17) 0
Total other income (expense) (4,183) (6,002)
Income (loss) before income taxes and equity earnings (4,988) (149)
Income tax benefit (1,014) (55)
Income (loss) before equity earnings (3,974) (94)
Equity earnings (losses), net of tax 24 (145)
Net income (loss) (3,950) (239)
Net loss attributable to non-controlling interest in subsidiary 132 197
Net income (loss) attributable to Era Group Inc. $ (3,818) $ (42)
Loss per common share:    
Loss per common share, basic and diluted (in dollars per share) $ (0.19) $ 0.00
Weighted average common shares outstanding:    
Weighted average common shares outstanding, basic and diluted (in shares) 20,219,937 20,195,955