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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues:        
Product $ 402,986 $ 241,253 $ 830,016 $ 476,882
Service 53,450 31,678 101,957 59,335
Other 25,788 51,313 49,134 75,723
Total revenues 482,224 324,244 981,107 611,940
Expenses:        
Costs of products sold, exclusive of depreciation and amortization shown below 368,527 212,709 753,640 425,078
Operating 59,424 69,682 110,202 110,453
General and administrative 21,850 16,898 40,586 33,935
Depreciation and amortization 22,062 12,814 45,699 25,450
Loss (gain) on disposal of long-lived assets, net 19,315 (376) 19,257 (538)
Total expenses 491,178 311,727 969,384 594,378
Earnings from equity method investments 19,187 14,861 34,149 32,206
Gain on issuance of common units by equity method investee 0 0 8,127 0
Operating income 10,233 27,378 53,999 49,768
Other expenses (income), net:        
Interest expense 10,360 4,495 19,587 6,891
Foreign currency transaction loss (gain) 167 (349) (516) (516)
Other expense, net 18,962 6,467 17,915 32,100
Total other expenses, net 29,489 10,613 36,986 38,475
Income (loss) from continuing operations before income taxes (19,256) 16,765 17,013 11,293
Income tax expense (benefit) (6,672) 9,288 9,854 (44,718)
Income (loss) from continuing operations (12,584) 7,477 7,159 56,011
Income (loss) from discontinued operations, net of income taxes 0 35 (5) 67
Net income (loss) (12,584) 7,512 7,154 56,078
Less: net income attributable to noncontrolling interests 5,025 3,943 11,250 9,065
Net income (loss) attributable to SemGroup (17,609) 3,569 (4,096) 47,013
Other comprehensive income (loss), net of income taxes 6,685 (5,354) 3,713 (10,412)
Comprehensive income (loss) (5,899) 2,158 10,867 45,666
Less: comprehensive income attributable to noncontrolling interests 5,025 3,943 11,250 9,065
Comprehensive income (loss) attributable to SemGroup $ (10,924) $ (1,785) $ (383) $ 36,601
Net income (loss) per common share (Note 11):        
Basic $ (0.41) $ 0.08 $ (0.10) $ 1.12
Diluted $ (0.41) $ 0.08 $ (0.10) $ 1.11