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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Product $ 210,126 $ 288,736 $ 447,022 $ 508,867
Service 62,200 66,604 126,273 128,481
Other 15,051 21,886 28,933 38,188
Total revenues 287,377 377,226 602,228 675,536
Expenses:        
Costs of products sold, exclusive of depreciation and amortization shown below 176,842 244,158 373,789 436,230
Operating 54,707 60,800 104,899 113,890
General and administrative 20,775 22,917 41,835 55,227
Depreciation and amortization 25,048 24,674 49,095 48,408
Loss on disposal or impairment, net (1,685) (1,372) (14,992) (2,430)
Total expenses 279,057 353,921 584,610 656,185
Earnings from equity method investments 17,078 23,903 40,149 44,462
Gain (loss) on issuance of common units by equity method investee 0 5,897 (41) 5,897
Operating income 25,398 53,105 57,726 69,710
Other expenses (income), net:        
Interest expense 18,875 16,822 37,810 31,413
Foreign currency transaction loss (gain) 1,543 (295) 3,012 (814)
Loss (gain) on sale or impairment of equity method investment (9,120) (6,623) 30,644 (14,517)
Other income, net (491) (95) (678) (186)
Total other expenses, net 10,807 9,809 70,788 15,896
Income (loss) from continuing operations before income taxes 14,591 43,296 (13,062) 53,814
Income tax expense (benefit) 4,658 14,861 (16,749) 19,603
Income from continuing operations 9,933 28,435 3,687 34,211
Loss from discontinued operations, net of income taxes (2) (2) (4) (2)
Net income 9,931 28,433 3,683 34,209
Less: net income attributable to noncontrolling interests 1,922 5,136 10,942 9,446
Net income (loss) attributable to SemGroup 8,009 23,297 (7,259) 24,763
Other comprehensive income (loss), net of income taxes 6,591 5,520 2,482 (3,540)
Comprehensive income 16,522 33,953 6,165 30,669
Less: comprehensive income attributable to noncontrolling interests 1,922 5,136 10,942 9,446
Comprehensive income (loss) attributable to SemGroup $ 14,600 $ 28,817 $ (4,777) $ 21,223
Net income (loss) attributable to SemGroup per common share (Note 12):        
Basic $ 0.18 $ 0.53 $ (0.16) $ 0.57
Diluted $ 0.18 $ 0.53 $ (0.16) $ 0.56