Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Operations

v3.8.0.1
Condensed Consolidated Statements Of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues:    
Operating revenues $ 54,750 $ 51,134
Leasing revenues 2,572 3,393
Total revenues 57,322 54,527
Costs and expenses:    
Operating 37,660 37,757
Administrative and general 12,071 10,381
Depreciation and amortization 10,354 11,554
Total costs and expenses 60,085 59,692
Gains on asset dispositions, net 4,414 109
Operating income (loss) 1,651 (5,056)
Other income (expense):    
Interest income 146 250
Interest expense (4,576) (3,589)
Foreign currency gains, net 74 28
Gain on debt extinguishment 175 0
Other, net (8) 12
Total other income (expense) (4,189) (3,299)
Loss before income taxes and equity earnings (2,538) (8,355)
Income tax expense (benefit) (738) (2,103)
Loss before equity earnings (1,800) (6,252)
Equity earnings, net of tax 443 465
Net loss (1,357) (5,787)
Net loss attributable to noncontrolling interest in subsidiary 163 167
Net income (loss) attributable to Era Group Inc. $ (1,194) $ (5,620)
Loss per common share, basic and diluted (in dollars per share) $ (0.06) $ (0.27)
Weighted average common shares outstanding, basic and diluted (in shares) 21,003,777 20,509,463