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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Revenue $ 510,947 $ 454,143 $ 1,494,392 $ 1,328,715
Cost of goods sold 382,228 318,887 1,075,051 967,744
Gross profit 128,719 135,256 419,341 360,971
Operating expenses:        
Research and development 10,325 9,693 30,429 30,383
Selling, general, and administrative 42,579 42,769 124,436 135,845
Depreciation and amortization 34,307 31,977 102,040 93,913
Operating income 41,508 50,817 162,436 100,830
Disposition and exit of business activities 0 0 0 40,001
Loss on extinguishment of debt (15,632) 0 (35,370) (13,423)
Earnings of unconsolidated joint venture 125 94 370 274
Interest expense, net (33,017) (33,870) (101,766) (101,450)
Income (loss) before income taxes (7,016) 17,041 25,670 26,232
Income tax benefit (expense) 2,165 (2,198) (2,907) 83,024
Consolidated net income (loss) (4,851) 14,843 22,763 109,256
Net loss attributable to noncontrolling interest 818 717 5,178 1,792
Net income (loss) attributable to Kraton $ (4,033) $ 15,560 $ 27,941 $ 111,048
Earnings (loss) per common share:        
Basic (in dollars per share) $ (0.13) $ 0.50 $ 0.90 $ 3.60
Diluted (in dollars per share) $ (0.13) $ 0.49 $ 0.88 $ 3.56
Weighted average common shares outstanding:        
Basic (in shares) 30,625 30,221 30,548 30,137
Diluted (in share) 30,625 30,783 31,006 30,557