Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.7.0.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]    
Operating revenues $ 54,527 $ 62,582
Costs and expenses:    
Operating 37,757 44,307
Administrative and general 10,381 9,227
Depreciation and amortization 11,554 12,766
Total costs and expenses 59,692 66,300
Gains on asset dispositions, net 109 2,913
Operating loss (5,056) (805)
Other income (expense):    
Interest income 250 301
Interest expense (3,589) (4,748)
Foreign currency gains, net 28 281
Other, net 12 (17)
Total other income (expense) (3,299) (4,183)
Income (loss) before income taxes and equity earnings (8,355) (4,988)
Income tax benefit (2,103) (1,014)
Income (loss) before equity earnings (6,252) (3,974)
Equity earnings, net of tax 465 24
Net income (loss) (5,787) (3,950)
Net loss attributable to noncontrolling interest in subsidiary 167 132
Net income (loss) attributable to Era Group Inc. $ (5,620) $ (3,818)
Income (loss) per common share:    
Loss per common share, basic and diluted (in dollars per share) $ (0.27) $ (0.19)
Weighted average common shares outstanding:    
Weighted average common shares outstanding, basic and diluted (in shares) 20,509,463 20,219,937