Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Income

v3.20.2
Condensed Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Operating Revenues $ 172,585 $ 197,023 $ 364,881 $ 406,547
Costs and Expenses:        
Operating 126,178 142,871 272,206 289,982
Administrative and general 23,204 26,714 52,225 53,460
Depreciation and amortization 17,585 17,009 35,314 34,145
Total costs and expenses 166,967 186,594 359,745 377,587
Gains on Asset Dispositions, Net 8,198 677 8,582 1,114
Operating Income 13,816 11,106 13,718 30,074
Other Income (Expense):        
Interest income 1,518 1,885 3,119 3,785
Interest expense (4,179) (4,903) (8,649) (10,016)
Debt extinguishment gains (losses), net 1,921 (503) 1,602 (1,296)
Marketable security gains (losses), net (1,414) 13,284 (1,518) 16,352
Foreign currency gains (losses), net 1,743 (191) (2,839) 214
Other, net 658 25 750 (619)
Total Other Nonoperating Expense 247 9,597 (7,535) 8,420
Income Before Income Tax Expense (Benefit) and Equity in Losses of 50% or Less Owned Companies 14,063 20,703 6,183 38,494
Income Tax Expense (Benefit) 3,206 3,390 (10,936) 5,595
Income Before Equity in Losses of 50% or Less Owned Companies 10,857 17,313 17,119 32,899
Equity in Losses of 50% or Less Owned Companies, Net of Tax (2,982) (312) (7,775) (2,830)
Net Income 7,875 17,001 9,344 30,069
Net Income (Loss) Attributable to Noncontrolling Interests in Subsidiaries (9) 2,448 (7) 7,783
Net Income Attributable to SEACOR Holdings Inc. $ 7,884 $ 14,553 $ 9,351 $ 22,286
Basic Earnings Per Common Share of SEACOR Holdings Inc. (in dollars per share) $ 0.39 $ 0.80 $ 0.47 $ 1.22
Diluted Earnings Per Common Share of SEACOR Holdings Inc. (in dollars per share) $ 0.39 $ 0.76 $ 0.47 $ 1.17
Weighted Average Common Shares Outstanding:        
Basic (in shares) 19,980,830 18,288,879 19,965,637 18,260,876
Diluted (in shares) 21,099,079 19,633,523 19,986,582 19,599,990
Gain (Loss) on Disposition of Property Plant Equipment     $ 7,900