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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:        
Product $ 313,351 $ 495,436 $ 822,218 $ 1,325,452
Service 64,091 65,219 192,572 167,176
Other 19,623 33,580 57,811 82,714
Total revenues 397,065 594,235 1,072,601 1,575,342
Expenses:        
Costs of products sold, exclusive of depreciation and amortization shown below 274,639 458,063 710,869 1,211,703
Operating 53,267 69,377 167,157 179,579
General and administrative 23,045 23,296 78,272 63,882
Depreciation and amortization 26,022 25,200 74,430 70,899
Loss (gain) on disposal or impairment of long-lived assets, net (951) 1,376 1,479 20,633
Total expenses 376,022 577,312 1,032,207 1,546,696
Earnings from equity method investments 16,237 14,223 60,699 48,372
Gain on issuance of common units by equity method investee 136 18,772 6,033 26,899
Operating income 37,416 49,918 107,126 103,917
Other expenses (income), net:        
Interest expense 19,170 14,807 50,583 34,394
Foreign currency transaction loss (gain) (385) 128 (1,199) (388)
Other income, net (956) (21,303) (15,659) (3,388)
Total other expense (income), net 17,829 (6,368) 33,725 30,618
Income from continuing operations before income taxes 19,587 56,286 73,401 73,299
Income tax expense 10,006 24,090 29,609 33,944
Income from continuing operations 9,581 32,196 43,792 39,355
Loss from discontinued operations, net of income taxes (1) 0 (3) (5)
Net income 9,580 32,196 43,789 39,350
Less: net income attributable to noncontrolling interests 4,707 6,934 14,153 18,184
Net income attributable to SemGroup 4,873 25,262 29,636 21,166
Other comprehensive loss, net of income taxes (20,210) (10,331) (23,750) (6,618)
Comprehensive income (loss) (10,630) 21,865 20,039 32,732
Less: comprehensive income attributable to noncontrolling interests 4,707 6,934 14,153 18,184
Comprehensive income (loss) attributable to SemGroup $ (15,337) $ 14,931 $ 5,886 $ 14,548
Net income attributable to SemGroup per common share (Note 11):        
Basic $ 0.11 $ 0.59 $ 0.68 $ 0.50
Diluted $ 0.11 $ 0.59 $ 0.67 $ 0.49