QUARTERLY FINANCIAL DATA
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data
QUARTERLY FINANCIAL DATA
(Unaudited)


Quarter Ended
 
March 31
 
June 30
 
September 30
 
December 31
 
(In thousands, except per share amounts)
2015
 
 
 
 
 
 
 
Revenues, net
$
66,162

 
$
69,319

 
$
101,133

 
$
60,906

Gross profit
1,374

 
7,732

 
33,044

 
5,125

Net income (loss) (1)
(75,083
)
 
(10,239
)
 
15,351

 
(16,661
)
Net income (loss) attributable to Erickson Incorporated (1)
(74,970
)
 
(10,121
)
 
15,074

 
(16,696
)
Earnings (loss) per share—basic and diluted (1)
$
(5.42
)
 
$
(0.73
)
 
$
1.09

 
$
(1.21
)
2014
 
 
 
 
 
 
 
Revenues, net
$
74,184

 
$
80,885

 
$
118,338

 
$
73,202

Gross profit (2)
7,526

 
13,384

 
47,496

 
12,488

Net income (loss) (3)
(7,525
)
 
(17,162
)
 
16,941

 
(2,485
)
Net income (loss) attributable to Erickson Incorporated (3)
(7,594
)
 
(17,109
)
 
16,862

 
(2,451
)
Earnings (loss) per share—basic and diluted (3)
$
(0.55
)
 
$
(1.24
)
 
$
1.22

 
$
(0.18
)


(1)
The quarter ended March 31 includes a goodwill impairment charge of $49.8 million and other asset impairment charge of $7.1 million, and the quarter ended December 31 includes an other asset impairment charge of $8.1 million.
(2)
In 2015, we reclassified certain sales commissions from sales and marketing expense to cost of revenues. To conform with the 2015 presentation, the amounts presented differ from the amounts previously reported in our Annual Report on Form 10-K for the year ended December 31, 2014.
(3) The quarter ended June 30 includes a goodwill impairment charge of $21.3 million.