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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Project revenue:        
Project revenue $ 62.3 $ 71.3 $ 135.0 $ 144.3
Project expenses:        
Fuel 14.1 15.8 33.8 35.8
Operations and maintenance 22.2 18.6 42.7 35.1
Depreciation and amortization 15.2 16.1 30.8 32.3
Total project expenses 51.5 50.5 107.3 103.2
Project other income (loss):        
Change in fair value of derivative instruments (Notes 6 and 7) 3.1 (7.0) (2.5) (9.4)
Equity in earnings of unconsolidated affiliates (Note 4) 6.1 9.4 19.8 22.3
Interest, net (0.3) (0.2) (0.6) (0.6)
Other income (expense), net   (1.3) 0.0 (1.2)
Total project other income (loss) 8.9 0.9 16.7 11.1
Project income 19.7 21.7 44.4 52.2
Administrative and other expenses:        
Administration 4.5 5.0 11.2 11.8
Interest expense, net 10.2 11.0 21.0 22.1
Foreign exchange loss (gain) 9.3 4.9 (11.3) 9.9
Other (income) expense, net (Note 6) (1.5) (3.7) 1.1 0.9
Total administrative and other expenses 22.5 17.2 22.0 44.7
(Loss) income from operations before income taxes (2.8) 4.5 22.4 7.5
Income tax expense (Note 8) 1.2 1.6 2.7 2.2
Net (loss) income (4.0) 2.9 19.7 5.3
Net income (loss) attributable to preferred shares of a subsidiary company (Note 11) 1.7 1.7 (4.1) (4.8)
Net (loss) income attributable to Atlantic Power Corporation $ (5.7) $ 1.2 $ 23.8 $ 10.1
Net (loss) earnings per share attributable to Atlantic Power Corporation shareholders: (Note 10)        
Basic (in dollars per share) $ (0.06) $ 0.01 $ 0.23 $ 0.09
Diluted (in dollars per share) $ (0.06) $ 0.01 $ 0.20 $ 0.09
Weighted average number of common shares outstanding: (Note 10)        
Basic (in shares) 97.6 109.7 102.4 109.3
Diluted (in shares) 97.6 110.2 130.3 138.0
Energy sales        
Project revenue:        
Project revenue $ 31.1 $ 36.5 $ 71.7 $ 73.5
Energy capacity revenue        
Project revenue:        
Project revenue 27.1 31.6 55.1 61.8
Miscellaneous revenue        
Project revenue:        
Project revenue $ 4.1 $ 3.2 $ 8.2 $ 9.0