Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands |
3 Months Ended |
6 Months Ended |
Jun. 30, 2023 |
Jun. 30, 2022 |
Jun. 30, 2023 |
Jun. 30, 2022 |
| Income Statement [Abstract] |
|
|
|
|
| Revenue |
$ 81,898
|
$ 69,185
|
$ 147,310
|
$ 128,339
|
| Time charter, voyage and logistics business expenses |
(23,896)
|
(18,705)
|
(39,768)
|
(33,146)
|
| Direct vessel expenses |
(22,039)
|
(18,605)
|
(39,825)
|
(35,530)
|
| General and administrative expenses |
(6,983)
|
(4,782)
|
(12,363)
|
(8,829)
|
| Depreciation and amortization |
(7,916)
|
(8,127)
|
(15,657)
|
(16,073)
|
| Interest expense and finance cost, net |
(16,293)
|
(16,060)
|
(32,807)
|
(31,842)
|
| Impairment loss/loss on sale of vessel |
(1,651)
|
0
|
(1,651)
|
0
|
| Other (expense)/income, net |
(169)
|
2,647
|
(3,237)
|
1,204
|
| Non-operating other finance cost |
0
|
0
|
0
|
(24,000)
|
| Income/(loss) before equity in net earnings of affiliate companies |
2,951
|
5,553
|
2,002
|
(19,877)
|
| Equity in net earnings of affiliate companies |
15,210
|
13,160
|
31,297
|
22,958
|
| Income before taxes |
18,161
|
18,713
|
33,299
|
3,081
|
| Income tax expense |
(1,143)
|
(368)
|
(1,408)
|
(301)
|
| Net income from continuing operations |
17,018
|
18,345
|
31,891
|
2,780
|
| Net income from discontinued operations |
0
|
28,933
|
0
|
39,370
|
| Net income |
17,018
|
47,278
|
31,891
|
42,150
|
| Less: Net income attributable to the noncontrolling interest |
(1,538)
|
(2,318)
|
(1,946)
|
(2,190)
|
| Net income attributable to Navios Holdings common stockholders |
15,480
|
44,960
|
29,945
|
39,960
|
| Net income attributable to Navios Holdings from continuing and discontinued operations: |
|
|
|
|
| Income attributable to Navios Holdings, diluted from continuing operations |
15,480
|
16,027
|
29,945
|
590
|
| Income attributable to Navios Holdings, basic from continuing operations |
15,480
|
16,027
|
29,945
|
590
|
| Income attributable to Navios Holdings, basic from discontinued operations |
0
|
28,933
|
0
|
39,370
|
| Income attributable to Navios Holdings, diluted from continuing operations |
0
|
28,933
|
0
|
39,370
|
| Income attributable to Navios Holdings common stockholders, diluted |
6,207
|
31,225
|
12,018
|
28,115
|
| Income attributable to Navios Holdings common stockholders, basic |
$ 6,207
|
$ 31,225
|
$ 12,018
|
$ 28,115
|
| Basic earnings/(loss) per share attributable to Navios Holdings common stockholders from continuing operations |
$ 0.27
|
$ 0.47
|
$ 0.53
|
$ (0.07)
|
| Basic earnings per share attributable to Navios Holdings common stockholders from discontinued operations |
0
|
0.91
|
0
|
1.31
|
| Basic earnings per share attributable to Navios Holdings common stockholders |
$ 0.27
|
$ 1.38
|
$ 0.53
|
$ 1.24
|
| Weighted average number of shares, basic |
22,744,450
|
22,654,825
|
22,744,450
|
22,643,215
|
| Diluted earnings/(loss) per share attributable to Navios Holdings common stockholders from continuing operations |
$ 0.27
|
$ 0.46
|
$ 0.53
|
$ (0.07)
|
| Diluted earnings per share attributable to Navios Holdings common stockholders from discontinued operations |
0
|
0.91
|
0
|
1.30
|
| Diluted earnings per share attributable to Navios Holdings common stockholders |
$ 0.27
|
$ 1.37
|
$ 0.53
|
$ 1.23
|
| Weighted average number of shares, diluted |
22,850,450
|
22,848,328
|
22,850,450
|
22,845,014
|