XML 59 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenues:    
Car rental $ 1,623,231 $ 1,478,938
Equipment rental 301,326 268,086
Other 36,368 32,979
Total revenues 1,960,925 1,780,003
Expenses:    
Direct operating 1,115,147 1,073,665
Depreciation of revenue earning equipment and lease charges 514,117 436,089
Selling, general and administrative 207,752 182,221
Interest expense 162,267 196,889
Interest income (1,092) (1,855)
Other (income) expense, net (457) 51,876
Total expenses 1,997,734 1,938,885
Loss before income taxes (36,809) (158,882)
(Provision) benefit for taxes on income (19,524) 29,940
Net loss (56,333) (128,942)
Less: Net income attributable to noncontrolling interest   (3,673)
Net loss attributable to Hertz Global Holdings, Inc. and Subsidiaries' common stockholders $ (56,333) $ (132,615)
Weighted average shares outstanding (in thousands):    
Basic (in shares) 418,076 414,065
Diluted (in shares) 418,076 414,065
Loss per share attributable to Hertz Global Holdings, Inc. and Subsidiaries' common stockholders:    
Basic (in dollars per share) $ (0.13) $ (0.32)
Diluted (in dollars per share) $ (0.13) $ (0.32)