Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Operations

v3.20.1
Condensed Consolidated Statements Of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Total revenues $ 57,056 $ 51,293
Costs and expenses:    
Operating 38,506 36,696
Administrative and general 12,745 8,875
Depreciation and amortization 9,507 9,450
Total costs and expenses 60,758 55,021
Loss on asset dispositions, net (34) (124)
Operating loss (3,736) (3,852)
Other income (expense):    
Interest income 749 752
Interest expense (3,439) (3,461)
Foreign currency losses, net (1,704) (126)
Other, net 10 (11)
Total other income (expense) (4,384) (2,846)
Loss before income taxes and equity earnings (8,120) (6,698)
Income tax benefit (831) (1,588)
Loss before equity earnings (7,289) (5,110)
Equity loss, net of tax 0 (975)
Net loss (7,289) (6,085)
Net loss attributable to noncontrolling interest in subsidiary 60 142
Net loss attributable to Era Group Inc. $ (7,229) $ (5,943)
Loss per common share, basic and diluted (in dollars per shares) $ (0.35) $ (0.28)
Weighted average common shares outstanding:    
Basic (in shares) 20,702,670 21,323,312
Diluted (in shares) 20,702,670 21,323,312
Operating revenues    
Revenues:    
Total revenues $ 53,980 $ 47,830
Dry-leasing revenues    
Revenues:    
Total revenues $ 3,076 $ 3,463