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Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Sales $ 238,213 $ 247,095 $ 442,308 $ 440,852
Cost of sales 174,998 160,144 323,433 301,200
Gross profit 63,215 86,951 118,875 139,652
Selling, general, and administrative expenses 50,205 48,896 102,632 98,432
Amortization expense 3,075 3,116 6,061 6,244
Operating expenses 53,280 52,012 108,693 104,676
Operating income 9,935 34,939 10,182 34,976
Other expenses:        
Interest expense, net 3,839 4,171 8,217 8,265
Financing costs amortization 321 321 642 642
Foreign currency loss (gain) 240 (93) 504 113
Other expenses, net 4,400 4,399 9,363 9,020
Income before income taxes 5,535 30,540 819 25,956
Income tax expense 2,203 10,977 439 11,065
Net income 3,332 19,563 380 14,891
Noncontrolling interests, net of taxes 549 (1,590) 509 (1,611)
Net income (loss) attributable to Chart Industries, Inc. $ 2,783 $ 21,153 $ (129) $ 16,502
Net income (loss) attributable to Chart Industries, Inc. per common share:        
Basic $ 0.09 $ 0.69 $ 0.00 $ 0.54
Diluted $ 0.09 $ 0.68 $ 0.00 [1] $ 0.53
Weighted-average number of common shares outstanding:        
Basic 30,727 30,582 30,711 30,575
Diluted 31,280 30,939 30,711 30,904
Comprehensive income, net of taxes $ 15,006 $ 13,471 $ 14,739 $ 15,315
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of taxes 579 (1,708) 548 (1,705)
Comprehensive income attributable to Chart Industries, Inc., net of taxes $ 14,427 $ 15,179 $ 14,191 $ 17,020
[1] Zero incremental shares from share-based awards are included in the computation of diluted net loss per share for periods in which a net loss occurs because to do so would be anti-dilutive.