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Unaudited Consolidated Statements of Income - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Revenues (note 3) $ 320,353,000 $ 396,517,000 $ 1,004,914,000 $ 1,453,376,000
Voyage expenses (85,556,000) (61,736,000) (239,909,000) (250,196,000)
Vessel operating expenses (122,357,000) (153,764,000) (381,361,000) (454,853,000)
Time-charter hire expenses (note 5) 8,535,000 18,796,000 27,661,000 63,566,000
Depreciation and amortization 58,839,000 64,352,000 176,669,000 200,205,000
General and administrative expenses (25,384,000) (18,073,000) (70,671,000) (60,018,000)
(Write-down) and gain (loss) on sale of assets (note 13) (697,000) (66,273,000) (88,098,000) (171,548,000)
Asset retirement obligation extinguishment gain (note 7) 0 0 32,950,000 0
Gain on commencement of sales-type lease (note 3) 0 0 0 44,943,000
Restructuring charges (note 15) 0 2,139,000 303,000 9,149,000
Income from vessel operations 18,985,000 11,384,000 53,192,000 288,784,000
Interest expense (47,268,000) (53,175,000) (144,901,000) (174,940,000)
Interest income 1,355,000 1,754,000 4,736,000 6,871,000
Realized and unrealized (losses) gains on non-designated derivative instruments (note 10) (181,000) (1,471,000) 3,751,000 (32,404,000)
Equity income (note 14 and 6b) 38,365,000 24,392,000 103,633,000 62,048,000
Foreign exchange gain (loss) (notes 9 and 10) 534,000 (5,943,000) 2,844,000 (8,219,000)
Other loss (note 7) (800,000) (14,627,000) (9,954,000) (15,707,000)
Income (loss) before income taxes 10,990,000 (37,686,000) 13,301,000 126,433,000
Income tax (expense) recovery (note 12) 1,410,000 3,702,000 (179,000) (9,681,000)
Net income (loss) 9,580,000 (41,388,000) 13,480,000 136,114,000
Net (income) loss attributable to non-controlling interests (12,493,000) 5,981,000 11,714,000 (199,603,000)
Net Income (Loss) Attributable to Parent, Total $ (2,913,000) $ (35,407,000) $ 25,194,000 $ (63,489,000)
•  Basic income (loss) attributable to shareholders of Teekay Corporation $ (0.03) $ (0.35) $ 0.25 $ (0.63)
•  Diluted income (loss) attributable to shareholders of Teekay Corporation $ (0.03) $ (0.35) $ 0.25 $ (0.63)
Weighted average number of common shares outstanding (note 18)        
Weighted Average Number of Shares Outstanding, Basic 102,307,273 101,107,371 102,090,921 101,034,362
Weighted Average Number of Shares Outstanding, Diluted 102,307,273 101,107,371 102,648,974 101,034,362