XML 17 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements Of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Operating Revenues $ 315,563 $ 309,225 $ 582,627 $ 607,074
Costs and Expenses [Abstract]        
Operating 240,113 244,545 441,026 452,964
Administrative and general 34,718 36,301 70,363 71,292
Depreciation and amortization 33,783 33,220 67,331 62,922
Total costs and expenses 308,614 314,066 578,720 587,178
Gain (Loss) on Sale of Assets and Asset Impairment Charges 12,305 3,342 14,320 7,119
Operating Income (Loss) 19,254 (1,499) 18,227 27,015
Other Income (Expense):        
Interest income 3,218 7,392 6,385 10,035
Interest expense (7,922) (10,012) (20,762) (19,999)
Debt extinguishment losses, net 0 0 0 (160)
Marketable security gains, net 6,557 11,596 10,552 14,954
Derivative losses, net (825) 2,554 (2,932) (404)
Foreign currency gains, net (916) (1,024) (4,927) 637
Other, net 195 443 198 359
Total Other Nonoperating Income (Expense) 307 10,949 (11,486) 5,422
Income from Continuing Operations Before Income Tax Expense and Equity in Earnings of 50% or Less Owned Companies 19,561 9,450 6,741 32,437
Income Tax Expense (Benefit) 7,975 3,250 5,322 12,710
Income from Continuing Operations Before Equity in Earnings of 50% or Less Owned Companies 11,586 6,200 1,419 19,727
Equity in Earnings (Losses) of 50% or Less Owned Companies, Net of Tax (7,710) (295) (6,841) (7,956)
Income from Continuing Operations 19,296 6,495 8,260 27,683
Income (Loss) from Discontinued Operations, Net of Tax 0 4,804 (211) 19,989
Net Income 19,296 11,299 8,049 47,672
Net Income (Loss) Attributable to Noncontrolling Interest 25 50 (348) (65)
Net Income attributable to SEACOR Holdings Inc. 19,271 11,249 8,397 47,737
Net Income (Loss) attributable to SEACOR Holdings Inc.:        
Continuing operations 19,271 6,445 8,508 27,748
Discontinued operations, net of tax 0 4,804 (111) 19,989
Net Income attributable to SEACOR Holdings Inc. $ 19,271 $ 11,249 $ 8,397 $ 47,737
Basic Earnings Per Common Share of SEACOR Holdings Inc.        
Continuing operations $ 0.97 $ 0.31 $ 0.43 $ 1.35
Discontinued operations $ 0.00 $ 0.24 $ (0.01) $ 0.97
Earnings Per Share, Basic $ 0.97 $ 0.55 $ 0.42 $ 2.32
Diluted Earnings Per Common Share of SEACOR Holdings Inc.        
Continuing operations $ 0.91 $ 0.31 $ 0.42 $ 1.33
Discontinued operations $ 0.00 $ 0.23 $ 0.00 $ 0.96
Earnings Per Share, Diluted $ 0.91 $ 0.54 $ 0.42 $ 2.29
Weighted Average Common Shares Outstanding:        
Basic 19,825,229 20,584,567 19,782,318 20,552,114
Weighted Average Number of Shares Outstanding, Diluted 24,392,312 20,871,380 20,114,904 20,883,570