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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues [1] $ 1,213,935 $ 1,333,568 $ 1,359,019
Cost of revenues 967,700 1,066,642 1,074,207
Gross profit [1] 246,235 266,926 284,812
Operating expenses 199,430 219,823 226,173
Goodwill impairment 0 1,389 [2] 45,390
Definite-lived intangible asset impairment 0 2,169 41,032
Impairment of assets held for sale 23,427 0 0
Acquisition and divestiture expenses 3,375 7,004 2,923
Restructuring and related charges 9,030 6,894 12,814
Operating income (loss) [1] 10,973 29,647 (43,520)
Other income (expense):      
Interest expense (14,002) (17,327) (16,001)
Interest income 1,038 516 145
Other [3] (10,893) (9,881) (2,201)
Total other expense (23,857) (26,692) (18,057)
Income (loss) before taxes on income (12,884) 2,955 (61,577)
Taxes (benefit) on income (loss) 6,564 (132) 5,005
Net income (loss) (19,448) 3,087 (66,582)
Non-controlling interests income (1,444) (159) (2,819)
Net income (loss) attributable to Aegion Corporation $ (20,892) $ 2,928 $ (69,401)
Earnings (loss) per share attributable to Aegion Corporation:      
Basic (in dollars per share) $ (0.67) $ 0.09 $ (2.09)
Diluted (in dollars per share) $ (0.67) $ 0.09 $ (2.09)
[1] Attributed to the country of origin.
[2] During 2018, the Company recorded goodwill of $2.7 million and $1.3 million related to the acquisitions of Hebna and P2S, respectively (see Note 1).
[3] Other expense for 2019 includes $10.2 million of restructuring charges (see Note 4). Other expense for 2018 includes charges of $7.0 million related to the loss on the sale of Bayou (see Note 1) and $4.0 million of restructuring charges (see Note 4).