Era Group Inc. ERA Income Statement

Era group inc. (ERA)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12
Revenues:
Total revenues
57,056	60,377	58,909	55,480	51,293	52,016	54,610	57,728	57,322	57,531	61,385	57,878	54,527	56,289	65,006	63,351	62,582	73,943	69,741	70,738	67,415	74,689	90,510	86,580	79,443	75,998	80,997	74,237	67,727	70,895	77,989	62,985	61,052
Costs and expenses:
Operating
38,506	39,508	39,522	38,820	36,696	37,018	36,513	40,332	37,660	44,367	43,987	41,335	37,757	37,789	40,371	47,396	44,307	45,085	43,007	39,784	43,605	45,772	54,282	54,679	49,640	45,213	51,338	46,945	43,116	42,282	46,235	39,002	39,676
Administrative and general
12,745	11,366	9,142	8,895	8,875	9,412	8,837	14,806	12,071	10,881	10,928	9,902	10,381	9,335	9,504	8,140	9,227	11,052	11,238	10,779	9,743	9,647	12,941	10,065	11,334	10,562	9,683	9,545	9,134	7,575	10,338	7,195	9,677
Depreciation and amortization
9,507	9,337	9,312	9,520	9,450	9,530	9,541	10,116	10,354	10,101	12,103	11,978	11,554	11,339	12,519	12,691	12,766	12,151	12,186	11,398	11,602	11,854	11,746	11,425	11,287	11,129	11,340	11,431	11,661	11,471	10,937	10,464	9,630
Total costs and expenses
60,758	60,211	57,976	57,235	55,021	55,960	54,891	65,254	60,085	65,349	67,018	63,215	59,692	58,463	62,394	68,227	66,300	68,288	66,431	61,961	64,950	67,273	78,969	76,169	72,261	66,904	72,361	67,921	63,911	61,328	67,510	56,661	58,983
Loss on asset dispositions, net
-34	3,095	754	-68	-124	-694	-148	-1,997	4,414	-541	-122	5,061	109	753	-246	1,367	2,913	994	1,813	-242	3,388	29	42	3,139	2,891	464	2,560	4,476	10,801	157	613	1,077	1,765
Litigation settlement proceeds
-	-	0	-	-	-	42,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Litigation settlement proceeds
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on impairment
-	-	-	-	-	-	-	-	-	-	117,018	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating loss
-3,736	710	1,687	-1,823	-3,852	-5,629	41,571	-9,523	1,651	-8,359	-122,773	-276	-5,056	-1,421	2,366	-3,509	-805	4,783	5,123	8,535	5,853	7,445	11,583	13,550	10,073	9,558	11,196	10,792	14,617	9,724	11,092	7,401	3,834
Other income (expense):
Interest income
749	845	956	934	752	818	732	346	146	119	206	185	250	-429	466	403	301	391	232	317	251	122	130	143	145	139	155	150	147	145	184	249	332
Interest expense
3,439	3,517	3,464	3,432	3,461	3,485	3,549	3,521	4,576	5,143	4,097	3,934	3,589	4,444	4,003	4,130	4,748	3,979	3,121	2,881	3,545	3,556	3,629	3,840	3,753	4,311	4,394	4,613	4,732	3,757	2,543	2,380	1,968
Loss on sale of investments
-	-	0	-569	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SEACOR management fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	168	500	500	500	500
Loss on sale of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4	8	-10	-12	800	-1,703	-11	-30	-26	-96	21	-3	2	-188	-180	-124
Foreign currency losses, net
-1,704	102	-718	270	-126	77	-94	-1,075	74	-130	12	-136	28	-570	-33	329	281	-319	146	543	-2,960	-1,856	-485	21	-57	233	409	315	-259	87	-272	-12	917
Gain (Loss) on Extinguishment of Debt
-	-	0	-13	-	0	0	0	175	0	0	0	0	-	0	518	-	1,369	-16	0	264	0	0	0	0	-	-	-	-	-	-	-	-
Gain on sale of FBO
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	12,946	-	-	0	0	-	-	-	-	-	-	-	-	-
Note receivable impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	2,457	-	-	0	0	-	-	-	-	-
Other, net
10	-3	-5	-9	-11	33	15	14	-8	17	-33	-8	12	6	34	46	-17	54	0	-9	0	-	-3	13	-	0	7	9	3	0	0	0	30
Total other income (expense)
-4,384	-2,573	-3,231	-2,819	-2,846	-2,557	-2,896	-4,236	-4,189	-5,137	-3,912	-3,893	-3,299	-5,437	-3,536	-2,834	-4,183	-2,488	-2,751	10,906	-6,002	-4,504	-5,690	-6,131	-3,695	-3,965	-3,919	-4,118	-5,012	-4,023	-3,319	-2,823	-1,313
Loss before income taxes and equity earnings
-8,120	-1,863	-1,544	-4,642	-6,698	-8,186	38,675	-13,759	-2,538	-13,496	-126,685	-4,169	-8,355	-6,858	-1,170	-6,343	-4,988	2,295	2,372	19,441	-149	2,941	5,893	7,419	6,378	5,593	7,277	6,674	9,605	5,701	7,773	4,578	2,521
Income tax expense (benefit)
Income tax benefit
-831	-1,043	500	1,400	-1,588	-1,686	7,900	-2,574	-700	-74,599	-45,237	-726	-2,103	-1,180	69	-1,232	-1,014	4,736	1,343	8,138	-100	155	2,868	2,759	2,503	3,036	2,715	2,398	3,578	2,086	2,792	1,686	734
Loss before equity earnings
-7,289	-811	-2,059	-6,036	-5,110	-6,577	30,814	-11,185	-1,800	61,103	-81,448	-3,443	-6,252	-5,678	-1,239	-5,111	-3,974	-2,396	1,029	11,303	-94	2,786	3,025	4,660	3,875	2,557	4,562	4,276	6,027	3,615	4,981	2,892	1,787
Equity loss, net of tax
0	0	0	10,910	-975	629	465	669	443	356	233	371	465	30	437	601	24	-1,224	-376	-198	-145	354	1,286	536	499	-880	526	674	562	-	219	757	-6,420
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-7,289	-811	-2,059	4,874	-6,085	-5,948	31,279	-10,516	-1,357	61,459	-81,215	-3,072	-5,787	-5,648	-802	-4,510	-3,950	-3,620	653	11,105	-239	3,140	4,311	5,196	4,374	1,677	5,088	4,950	6,589	3,531	5,200	3,649	-4,633
Net Income (Loss) Attributable to Noncontrolling Interest
-60	-131	-149	-66	-142	-154	-10	-137	-163	-235	233	-285	-167	-110	-242	-6,448	-132	-173	-208	-228	-197	-45	45	-25	-71	-75	-116	-105	-105	-40	0	0	0
Net loss attributable to Era Group Inc.
-7,229	-680	-1,910	4,940	-5,943	-5,794	31,289	-10,379	-1,194	61,694	-81,448	-2,787	-5,620	-5,538	-560	1,938	-3,818	-3,447	861	11,333	-42	3,185	4,266	5,221	4,445	1,752	5,204	5,055	6,694	3,571	5,200	3,649	-4,633
Accretion of redemption value on Series A Preferred Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	721	2,135	2,099	2,135	2,100
Net income attributable to common shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,752	5,204	5,055	5,973	1,436	3,101	1,514	-6,733
Earnings (loss) per common share
Loss per common share, basic and diluted (in dollars per shares)
-0.35	-	-0.09	0.22	-0.28	-	1.44	-0.49	-0.06	-	-	-0.13	-0.27	-	-0.03	-	-0.19	-	-	-	0.00	-	-	-	-	-	-	-	-	-	-	0.06	-0.27
Earnings Per Share, Basic
-	-	-	-	-	-	-	-	-	-	-3.91	-	-	-	-	0.09	-	-	0.04	0.55	-	0.15	0.21	0.26	0.22	0.09	0.26	0.25	0.28	-	0.13	-	-
Earnings Per Share, Diluted
-	-	-	-	-	-	-	-	-	-	-3.91	-	-	-	-	0.09	-	-	0.04	0.55	-	0.15	0.21	0.26	0.22	0.09	0.26	0.25	0.28	-	0.13	-	-
Weighted average common shares outstanding:
Weighted average common shares outstanding, basic and diluted (in shares)
-	-	-	21,448	-	-	-	21,199	21,003	-	-	20,789	20,509	-	20,384	-	20,219	-	-	-	20,195	-	-	-	-	-	-	-	-	-	-	24,500	24,500
Basic (in shares)
20,702	20,640	20,625	21,448	21,323	-	21,215	21,199	-	-	20,844	-	-	-	-	20,361	-	-	20,260	20,273	-	20,176	20,098	20,066	19,952	19,686	19,918	20,140	21,454	-	24,500	-	-
Diluted (in shares)
20,702	-	20,629	-	21,323	-	21,239	-	-	-	20,844	-	-	-	-	20,364	-	-	20,287	20,332	-	20,234	20,163	20,134	20,025	19,824	19,960	20,140	21,454	-	24,500	-	-
Operating revenues
Total revenues
53,980	56,353	54,659	51,193	47,830	49,078	51,894	54,472	54,750	-	-	-	51,134	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dry-leasing revenues
Total revenues
3,076	-	4,250	4,287	3,463	-	2,716	3,256	2,572	-	-	-	3,393	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-