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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues:        
Sales Revenue, Goods, Net $ 368,006 $ 210,126 $ 741,367 $ 447,022
Sales Revenue, Services, Net 88,487 62,200 156,680 126,273
Other 16,596 15,051 31,142 28,933
Revenue, Net 473,089 287,377 929,189 602,228
Expenses:        
Costs of products sold, exclusive of depreciation and amortization shown below 340,107 176,842 689,105 373,789
Operating 73,346 54,707 125,429 104,899
General and administrative 26,752 20,775 48,396 41,835
Depreciation and amortization 25,602 25,055 50,201 49,106
Loss (gain) on disposal or impairment, net (234) 1,685 2,176 14,992
Total expenses 465,573 279,064 915,307 584,621
Earnings from equity method investments 17,753 17,078 34,844 40,149
Loss on issuance of common units by equity method investee 0 0 0 (41)
Operating income 25,269 25,391 48,726 57,715
Other expenses (income), net:        
Interest expense 13,477 18,011 27,344 35,588
Loss on early extinguishment of debt 8 0 19,930 0
Foreign currency transaction loss (gain) (1,011) 1,543 (1,011) 3,012
Loss (gain) on sale or impairment of equity method investment 0 (9,120) 0 30,644
Other income, net (441) (490) (591) (678)
Total other expenses, net 12,033 9,944 45,672 68,566
Income (loss) from continuing operations before income taxes 13,236 15,447 3,054 (10,851)
Income tax expense (benefit) 3,625 4,658 3,720 (16,749)
Income (loss) from continuing operations 9,611 10,789 (666) 5,898
Loss from discontinued operations, net of income taxes 0 (2) 0 (4)
Net income (loss) 9,611 10,787 (666) 5,894
Less: net income attributable to noncontrolling interests 0 1,922 0 10,942
Net income (loss) attributable to SemGroup 9,611 8,865 (666) (5,048)
Other comprehensive income, net of income tax 8,952 6,591 14,985 2,482
Comprehensive income 18,563 17,378 14,319 8,376
Less: comprehensive income attributable to noncontrolling interests 0 1,922 0 10,942
Comprehensive income (loss) attributable to SemGroup $ 18,563 $ 15,456 $ 14,319 $ (2,566)
Net income (loss) attributable to SemGroup per common share (Note 10):        
Basic $ 0.15 $ 0.20 $ (0.01) $ (0.11)
Diluted $ 0.15 $ 0.19 $ (0.01) $ (0.11)