Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Operations

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Condensed Consolidated Statements Of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Total revenues $ 57,728 $ 57,878 $ 115,050 $ 112,405
Costs and expenses:        
Operating 40,332 41,335 77,992 79,092
Administrative and general 14,806 9,902 26,877 20,283
Depreciation and amortization 10,116 11,978 20,470 23,532
Total costs and expenses 65,254 63,215 125,339 122,907
Gains (losses) on asset dispositions, net (1,997) 5,061 2,417 5,170
Operating loss (9,523) (276) (7,872) (5,332)
Other income (expense):        
Interest income 346 185 492 435
Interest expense (3,521) (3,934) (8,097) (7,523)
Foreign currency losses, net (1,075) (136) (1,001) (108)
Gain on debt extinguishment 0 0 175 0
Other, net 14 (8) 6 4
Total other income (expense) (4,236) (3,893) (8,425) (7,192)
Loss before income taxes and equity earnings (13,759) (4,169) (16,297) (12,524)
Income tax expense (benefit) (2,574) (726) (3,312) (2,829)
Income (loss) before equity earnings (11,185) (3,443) (12,985) (9,695)
Equity earnings, net of tax 669 371 1,112 836
Net loss (10,516) (3,072) (11,873) (8,859)
Net loss attributable to noncontrolling interest in subsidiary 137 285 300 452
Net income (loss) attributable to Era Group Inc. $ (10,379) $ (2,787) $ (11,573) $ (8,407)
Loss per common share, basic and diluted (in dollars per share) $ (0.49) $ (0.13) $ (0.55) $ (0.41)
Weighted average common shares outstanding, basic and diluted (in shares) 21,199,280 20,789,537 21,199,688 20,650,274
Operating revenues        
Revenues:        
Total revenues $ 54,472 $ 51,189 $ 109,221 $ 102,324
Dry-leasing revenues        
Revenues:        
Total revenues $ 3,256 $ 6,689 $ 5,829 $ 10,081