Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Income

v3.19.3
Condensed Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Operating Revenues $ 200,658 $ 220,257 $ 607,205 $ 621,912
Costs and Expenses:        
Operating 147,386 147,529 437,368 441,474
Administrative and general 24,923 26,083 78,383 76,189
Depreciation and amortization 16,975 18,616 51,120 57,069
Total costs and expenses 189,284 192,228 566,871 574,732
Gains on Asset Dispositions, Net 1,145 6,018 2,259 13,569
Operating Income 12,519 34,047 42,593 60,749
Other Income (Expense):        
Interest income 2,198 2,450 5,983 6,485
Interest expense (4,816) (8,335) (14,832) (25,502)
Debt extinguishment losses (777) (160) (2,073) (5,609)
Marketable security gains (losses), net 144 1,713 16,496 (1,303)
Foreign currency gains (losses), net (1,877) (328) (1,663) 16
Other, net 505 357 (114) 54,951
Total Other Nonoperating Expense (4,623) (4,303) 3,797 29,038
Income Before Income Tax Expense and Equity in Earnings (Losses) of 50% or Less Owned Companies 7,896 29,744 46,390 89,787
Income Tax Expense 1,417 3,362 7,012 12,934
Income Before Equity in Earnings (Losses) of 50% or Less Owned Companies 6,479 26,382 39,378 76,853
Equity in Earnings (Losses) of 50% or Less Owned Companies, Net of Tax (618) 821 (3,448) 1,915
Net Income 5,861 27,203 35,930 78,768
Net Income (Loss) Attributable to Noncontrolling Interests in Subsidiaries (544) 10,136 7,239 15,934
Net Income Attributable to SEACOR Holdings Inc. $ 6,405 $ 17,067 $ 28,691 $ 62,834
Basic Earnings Per Common Share of SEACOR Holdings Inc. (in dollars per share) $ 0.33 $ 0.94 $ 1.54 $ 3.48
Diluted Earnings Per Common Share of SEACOR Holdings Inc. (in dollars per share) $ 0.32 $ 0.88 $ 1.48 $ 3.21
Weighted Average Common Shares Outstanding:        
Basic (in shares) 19,322,423 18,108,388 18,618,613 18,052,274
Diluted (in shares) 20,738,919 21,192,554 19,984,302 22,508,622