Erickson (EACIQ) 10-Q 6 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 31, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Trading Symbol	EAC
Entity Registrant Name	ERICKSON INC.
Entity Central Index Key	1,490,165
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		13,833,174

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 1,766	$ 2,874	$ 5,097	$ 2,444	$ 3,210	$ 1,881
Restricted cash	359		567
Accounts receivable, net of allowances for doubtful accounts of $191 and $739 in 2015 and 2014, respectively	48,454		44,350
Inventory	8,667		0
Prepaid expenses and other current assets	8,433		8,780
Income tax receivable	609		677
Deferred tax assets	1,340		1,230
Total current assets	69,628		60,701
Aircraft support parts, net	136,727		137,593
Assets held for sale	8,436		0
Aircraft, net	112,611		128,221
Property, plant and equipment, net	116,804		120,635
Goodwill	164,756		215,241
Other intangible assets, net	18,749		20,053
Other non-current assets	21,851		23,077
Total assets	649,562		705,521
Current liabilities:
Accounts payable	19,487		19,844
Current portion of long-term debt	4,702		4,144
Accrued and other current liabilities	22,279		19,034
Income tax payable	28		315
Deferred tax liabilities	0		884
Total current liabilities	46,496		44,221
Long-term debt	13,986		12,751
Long-term revolving credit facilities	113,710		89,339
Long-term notes payable	355,000		355,000
Other long-term liabilities	16,876		13,181
Uncertain tax positions	6,668		6,313
Deferred tax liabilities	3,159		3,703
Total liabilities	555,895		524,508
Stockholders’ equity:
Common stock; $0.0001 par value; 110,000,000 shares authorized; 13,833,174 and 13,823,818 issued and outstanding at June 30, 2015 and December 31, 2014, respectively	1		1
Additional paid-in capital	181,083		181,018
Retained earnings (accumulated deficit)	(83,279)		1,812
Accumulated other comprehensive loss, net of tax	(4,544)		(2,544)
Total stockholders’ equity attributable to Erickson Incorporated	93,261		180,287
Noncontrolling interest	406		726
Total stockholders’ equity	93,667		181,013			$ 192,907
Total liabilities and stockholders’ equity	$ 649,562		$ 705,521

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Accounts receivable, allowances for doubtful accounts	$ 191	$ 739
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, authorized shares (in shares)	110,000,000	110,000,000
Common stock, issued shares (in shares)	13,833,174	13,823,818
Common stock, outstanding shares (in shares)	13,833,174	13,823,818

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Statement [Abstract]
Net revenues	$ 69,319	$ 80,885	$ 135,481	$ 155,069
Cost of revenues	61,587	67,501	126,375	134,159
Gross profit	7,732	13,384	9,106	20,910
Operating expenses:
General and administrative	5,661	6,994	12,599	13,791
Research and development	583	738	1,461	2,056
Selling and marketing	1,330	1,810	3,085	4,044
Impairment of goodwill	0	21,272	49,823	21,272
Other asset impairment	0	0	7,143	0
Total operating expenses	7,574	30,814	74,111	41,163
Operating income (loss)	158	(17,430)	(65,005)	(20,253)
Other income (expense):
Interest expense, net	(9,375)	(9,111)	(18,587)	(17,864)
Amortization of debt issuance costs	(630)	(593)	(1,254)	(1,214)
Unrealized foreign exchange gain (loss)	57	27	(379)	244
Realized foreign exchange gain (loss)	15	15	(53)	(42)
Gain on disposal of equipment	76	61	70	191
Other income (expense), net	151	(353)	(40)	(541)
Total other income (expense)	(9,706)	(9,954)	(20,243)	(19,226)
Net loss before income taxes and noncontrolling interest	(9,548)	(27,384)	(85,248)	(39,479)
Income tax expense (benefit)	691	(10,222)	74	(14,792)
Net loss	(10,239)	(17,162)	(85,322)	(24,687)
Less: Net (income) loss related to noncontrolling interest	118	53	231	(16)
Net loss attributable to Erickson Incorporated and common stockholders	(10,121)	(17,109)	(85,091)	(24,703)
Net loss	(10,239)	(17,162)	(85,322)	(24,687)
Other comprehensive income (loss):
Foreign currency translation adjustment	502	476	(2,089)	806
Comprehensive loss	(9,737)	(16,686)	(87,411)	(23,881)
Comprehensive (income) loss attributable to noncontrolling interest	84	66	320	(3)
Comprehensive loss attributable to Erickson Incorporated	$ (9,653)	$ (16,620)	$ (87,091)	$ (23,884)
Net loss per share attributable to common stockholders
Basic, (in dollars per share)	$ (0.73)	$ (1.24)	$ (6.15)	$ (1.79)
Diluted, (in dollars per share)	$ (0.73)	$ (1.24)	$ (6.15)	$ (1.79)
Weighted average shares outstanding
Basic (in shares)	13,831,127	13,799,501	13,827,493	13,794,491
Diluted (in shares)	13,831,127	13,799,501	13,827,493	13,794,491

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings (Accumulated Deficit)	Accumulated Other Comprehensive Loss	Total Stockholders' Equity (Deficit) of Erickson Incorporated	Noncontrolling Interest Amount
Beginning Balance (in shares) at Dec. 31, 2013		13,787,914
Beginning Balance at Dec. 31, 2013	$ 192,907	$ 1	$ 179,954	$ 12,104	$ (42)	$ 192,017	$ 890
Issuance of Restricted Stock Units (in shares)		50,695
Noncontrolling interest dividend	(69)						(69)
Stock-based compensation	861		861			861
Shares withheld for payment of taxes (in shares)		(14,791)
Shares withheld for payment of taxes	(211)		(211)			(211)
Proceeds from shareholder, net	414		414			414
Components of comprehensive income (loss):
Net income (loss)	(10,231)			(10,292)		(10,292)	61
Foreign currency translation	(2,658)				(2,502)	(2,502)	(156)
Comprehensive loss	(12,889)
Ending Balance (in shares) at Dec. 31, 2014		13,823,818
Ending Balance at Dec. 31, 2014	181,013	$ 1	181,018	1,812	(2,544)	180,287	726
Issuance of Restricted Stock Units (in shares)		16,213
Stock-based compensation	97		97			97
Shares withheld for payment of taxes (in shares)		(6,857)
Shares withheld for payment of taxes	(32)		(32)			(32)
Components of comprehensive income (loss):
Net income (loss)	(85,322)			(85,091)		(85,091)	(231)
Foreign currency translation	(2,089)				(2,000)	(2,000)	(89)
Comprehensive loss	(87,411)
Ending Balance (in shares) at Jun. 30, 2015		13,833,174
Ending Balance at Jun. 30, 2015	$ 93,667	$ 1	$ 181,083	$ (83,279)	$ (4,544)	$ 93,261	$ 406

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities:
Net loss	$ (10,239)	$ (17,162)	$ (85,322)	$ (24,687)
Adjustments to reconcile loss to net cash used in operating activities:
Depreciation and amortization	9,898	8,981	18,716	16,934
Impairment of goodwill	0	21,272	49,823	21,272
Other asset impairment	0	0	7,143	0
Deferred income taxes	(269)	(12,756)	(1,687)	(16,740)
Non-cash interest expense on debt	229	93	406	130
Stock-based compensation	(48)	236	97	396
Amortization of debt issuance costs	630	593	1,254	1,214
Gain on sale of equipment	(76)	(61)	(70)	(191)
Changes in operating assets and liabilities:
Accounts receivable	3,587	(12,306)	(4,472)	1,570
Inventory	487	0	(8,666)	0
Prepaid expenses and other current assets	366	(307)	142	(906)
Income tax receivable	(195)	788	68	946
Aircraft support parts, net	1,564	(4,851)	41	(12,715)
Other non-current assets	294	1,581	2,684	3,126
Accounts payable	2,230	(1,264)	25	731
Accrued and other current liabilities	(12,933)	(12,298)	4,514	(16,341)
Income tax payable	344	717	(257)	717
Other long-term liabilities	282	264	3,971	558
Net cash used in operating activities	(3,849)	(26,480)	(11,590)	(23,986)
Cash flows from investing activities:
Purchases of aircraft and property, plant and equipment, net	(6,165)	(19,655)	(11,839)	(37,138)
Proceeds from sale-leaseback of aircraft	0	24,660	0	24,660
Restricted cash	175	1,567	124	1,767
Dividends paid to non-controlling interest	0	(73)	0	(73)
Net cash provided by (used in) investing activities	(5,990)	6,499	(11,715)	(10,784)
Cash flows from financing activities:
Proceeds from shareholders, net	0	0	0	414
Repayments of subordinated notes	(1,000)	0	(2,000)	0
Repayments of credit facilities	(38,971)	(54,723)	(73,182)	(79,123)
Borrowings from credit facilities	48,756	73,264	97,553	113,131
Other long-term borrowings	(36)	393	(84)	393
Payments under capital leases	(200)	0	(340)	0
Debt issuance costs	(67)	(37)	(137)	(267)
Shares withheld for payment of taxes	(32)	(166)	(32)	(166)
Net cash provided by financing activities	8,450	18,731	21,778	34,382
Effect of foreign currency exchange rates on cash and cash equivalents	281	484	(1,804)	951
Net increase (decrease) in cash and cash equivalents	(1,108)	(766)	(3,331)	563
Cash and cash equivalents at beginning of period	2,874	3,210	5,097	1,881
Cash and cash equivalents at end of period	1,766	2,444	1,766	2,444
Supplemental disclosure of cash flow information:
Cash paid for interest	16,503	16,267	18,097	17,536
Cash paid for income taxes, net	$ 499	$ 375	$ 1,267	$ 861

Description of the Business (No

Description of the Business (Notes)	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of the Business	Description of the Business The consolidated financial statements include the accounts of Erickson Incorporated (“EAC”) and its subsidiaries and affiliated companies: EAC Acquisition Corporation (“EAC Acq.”), Erickson Helicopters, Inc. and its subsidiaries (“EHI”, formerly known as Evergreen Helicopters, Inc.), Canadian Air-Crane Ltd. (“CAC”), Erickson Air-Crane Malaysia Sdn. Bhd. (“EACM”), European Air-Crane S.p.A. (“EuAC”), Air Amazonia Serviços Aeronáuticos Ltda. (“Air Amazonia”), Dutch Air-Crane B.V. (“DAC”), and Erickson Aviation Peru S.A.C. (“Peru”) (collectively referred to as “the Company”). EuAC owns a 60% equity interest in Societa Italiania de Manutenzioni Aeroautiche S.p.A. (“SIMA”), which is an aircraft maintenance organization located in Lucca, Italy; and EACM owns a 49% equity interest in Layang-Layang Services Sdn. Bhd., which provides aircraft rental services in Malaysia. As of June 30, 2015 , the Company owned a fleet of 19 heavy lift helicopters, comprised of 13 S-64E and six S-64F model Aircranes, and 33 medium and light lift aircraft of varying model types, comprised of 27 rotor wing aircraft and six fixed-wing aircraft. As of June 30, 2015 , the Company leased a fleet of one heavy lift S-64F model Aircrane, 31 medium and light lift aircraft of varying types, comprised of 27 rotor wing aircraft and four fixed-wing aircraft. The Company’s fleet operations span the globe with a presence on six continents. As of June 30, 2015 , 18 of the owned aircraft and 19 of the leased aircraft were deployed outside of North America. The Company owns the Type Certificate and Production Certificate for the S-64 Aircrane which gives it the authorization to convert and remanufacture the S-64 Aircrane for its own use or to sell to third parties. The Company holds a Type Certificate issued by the European Aviation Safety Agency (“EASA”) certifying the S-64F model which allows the Aircrane to be sold to third parties in the European Union. The Company holds a Repair Station Certificate which allows the Company to repair and overhaul airframes and components for Aircranes and certain other aircraft, and the Company owns the Type Certificate for engines used in the S-64 Aircrane. The Company also holds the production certificate to manufacture engine parts for the Pratt & Whitney JT12 and JFTD12 engines. Fiscal 2015 On January 1, 2015, as a result of an organizational restructuring, the Company established new operating reportable segments to assess performance by type of customer and end market: Government Aviation Services, Commercial Aviation Services and Manufacturing & MRO. Fiscal 2014 On April 1, 2014, the Company completed a rebranding initiative which included the following changes in legal names of entities: Erickson Air-Crane, Incorporated became Erickson Incorporated, Evergreen Helicopters, Inc. became Erickson Helicopters, Inc., and Evergreen Helicopters of Alaska, Inc. became Erickson Transport, Inc.

Basis of Presentation (Notes)

Basis of Presentation (Notes)	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements include the accounts and transactions of all majority owned subsidiaries and variable interest entities in which the Company is the primary beneficiary. In presenting these unaudited consolidated financial statements, management makes estimates and assumptions that affect reported amounts of assets and liabilities and related disclosures, disclosure of contingent assets and liabilities at the date of the financial statements, and reported amounts of revenues and expenses during the reporting periods. Estimates, by their nature, are based on judgments and available information at a point in time. As such, actual results could differ from those estimates. In management’s opinion, the unaudited consolidated financial statements contain all normal recurring adjustments necessary for a fair presentation of interim results reported. All intercompany accounts and transactions have been eliminated in consolidation. The results of operations reported for interim periods are not necessarily indicative of the results of operations for the entire year or any subsequent interim period. The accompanying unaudited consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q and following the guidance of Rule 10-01 of Regulation S-X for interim financial statements required to be filed with the U.S. Securities and Exchange Commission (the “SEC”). As permitted under such rules, certain notes and other financial information normally required by accounting principles generally accepted in the United States of America (“U.S. GAAP”) have been condensed or omitted; however, the unaudited consolidated financial statements do include such notes and financial information sufficient so as to make the interim information presented not misleading. These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and related notes as of December 31, 2014 included in the Company’s annual report on Form 10-K filed with the SEC on March 10, 2015. The balance sheet at December 31, 2014 has been derived from the audited financial statements at that date, but does not include all of the information and footnotes required by U.S. GAAP for complete financial statements. Reclassifications Certain prior period amounts have been reclassified to conform to the current period presentation. Reclassification has been made to prior period amounts of external commissions from sales and marketing operating expenses to cost of revenues on the consolidated statements of comprehensive loss. Such reclassification had no effect on previously reported consolidated statements of stockholders’ equity or the consolidated balance sheet. For the three and six months ended June 30, 2014 the prior period reclassification includes $0.3 million and $1.1 million , respectively, of external commissions reclassified from sales and marketing operating expenses to cost of revenues on the consolidated statements of comprehensive loss. Additionally, reclassification has been made to prior period amounts of other long-term borrowings from non-cash interest expense on debt in the operating activities section of the consolidated statement of cash flows to other long-term borrowings in the financing activities section of the consolidated statement of cash flows. Such reclassification had no effect on previously reported consolidated statements of stockholders' equity or the consolidated balance sheet. For both the three and six months ended June 30, 2014 the prior period reclassification was $0.4 million . Recent Accounting Pronouncements In May 2014, the FASB issued ASU 2014-9, “Revenue from Contracts with Customers (Topic 606),” which supersedes the revenue recognition requirements in ASC 605, “Revenue Recognition.” This ASU requires revenue to be recognized to reflect the consideration an entity expects to be entitled to in exchange for the transfer of goods or services to customers in the appropriate period. This ASU also requires disclosures enabling users of financial statements to understand the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. Additionally, qualitative and quantitative disclosures about customer contracts, significant judgments and changes in judgments, and assets recognized from the costs to obtain or fulfill a contract are required. On July 9, 2015, the FASB agreed to delay the effective date by one year. In accordance with the agreed upon delay, the FASB will allow early adoption in 2017, however, the Company will not be required to implement this guidance until the first quarter of fiscal year 2018, using one of the two prescribed retrospective methods. The Company has not yet determined the effect of the adoption on the consolidated financial statements. In April 2015, the FASB issued ASU 2015-03, "Simplifying the Presentation of Debt Issuance Costs." This standard amends existing guidance to require the presentation of debt issuance costs in the balance sheet as a deduction from the carrying amount of the related debt liability instead of a deferred charge. It is effective for annual reporting periods beginning after December 15, 2015, but early adoption is permitted. The Company is currently evaluating the impact the adoption of this standard will have on the consolidated financial statements. There have been no other recent accounting pronouncements or changes in accounting pronouncements during the quarter ended June 30, 2015 that are of significance, or potential significance, to the Company.

Accounts Receivable and Allowan

Accounts Receivable and Allowance for Doubtful Accounts (Notes)	6 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Accounts Receivable and Allowance for Doubtful Accounts	Accounts Receivable and Allowance for Doubtful Accounts Accounts receivable consisted of the following (in thousands): June 30, 2015 December 31, 2014 Trade accounts receivable $ 45,300 $ 42,296 Other receivables 3,345 2,793 Less: allowance for doubtful accounts (191 ) (739 ) $ 48,454 $ 44,350 The Company had bad debt expense of zero in the three months ended June 30, 2015 and 2014 . During the six months ended June 30, 2015 , the Company had bad debt expense of zero . During the six months ended June 30, 2014 , the Company had bad debt recoveries of $0.3 million . The Company performs ongoing credit evaluations of its customers and believes it has made adequate provisions for potential credit losses. The Company does not generally require collateral on accounts receivable; however, under certain circumstances, the Company may require from its customers a letter of credit, a parent corporation guarantee, or full or partial prepayment prior to performing services. The Company estimates its allowance for doubtful accounts using a specific identification method based on an evaluation of payment history, the customer’s credit situation, and other factors. The following is a summary of customers that accounted for at least 10% of the total current and non-current trade receivables as of June 30, 2015 or December 31, 2014 : Segment June 30, 2015 December 31, 2014 Fluor Government Aviation Services 18.0 % 14.4 % Alion Science and Technology Corporation Government Aviation Services 11.0 % 11.8 % Hellenic Fire Brigade (1) Commercial Aviation Services 9.3 % 10.8 % 38.3 % 37.0 % (1) On May 23, 2012, the Company entered into a three year agreement with the NATO Support Agency (“NSPA”), formerly known as the NATO Maintenance and Supply Agency, pursuant to which the Company agreed to supply aerial firefighting services in Greece for the 2012 to 2014 firefighting seasons. Prior to the agreement with NSPA, the Company contracted directly with the Hellenic Fire Brigade to provide firefighting services in Greece. At June 30, 2015 and December 31, 2014 , the receivable from Hellenic Fire Brigade was classified in other non-current assets due to the long-term nature of obtaining resolution regarding the Company’s permanent establishment status in Greece. The following is a summary of customers that accounted for at least 10% of the Company’s net revenues in the three and six months ended June 30, 2015 or June 30, 2014 : Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Fluor 20.7 % 18.6 % 20.6 % 19.4 % Alion Science and Technology Corporation 10.1 % — % 10.2 % — % 30.8 % 18.6 % 30.8 % 19.4 % The Company operates in portions of Europe that have been significantly affected by the global recession, such as Greece and Italy, and the Company bears risk that existing or future accounts receivable may be uncollectible if the customers experience curtailed government spending.

Inventory (Notes)

Inventory (Notes)	6 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Inventory	Inventory Inventory consists of the following (in thousands): June 30, 2015 December 31, 2014 Finished goods $ 8,667 $ — In the first quarter of 2015, the Company entered into an exclusive agreement with Bell Helicopters Textron Inc. (Bell) to provide support for the Bell 214 B and ST models, including spare parts supply, technical assistance, maintenance training, and maintenance, repair and overhaul (MRO) services. As a part of the agreement the Company acquired $9.4 million of inventory from Bell in exchange for a two year promissory note. When acquired, the Company classified the assets as inventory within current assets in the consolidated balance sheet. Aircraft Support Parts, net Aircraft support parts, net consists of aircraft parts and work-in-process which are valued at the lower of cost or market utilizing the first-in first-out method. Costs capitalized in aircraft support parts include materials, labor, and operating overhead. Work-in-process consists of remanufactured aircraft in various stages of production and in-process aircraft support parts. Upon completion of an aircraft remanufacture, based on the demand for the Company’s services, the Company may transfer an aircraft into its fleet. Aircraft support parts consisted of the following (in thousands): June 30, 2015 December 31, 2014 Aircraft parts $ 129,087 $ 124,629 Work-in-process 13,240 18,604 Less: Excess and obsolete reserve (5,600 ) (5,640 ) $ 136,727 $ 137,593

Aircraft Support Parts, net (No

Aircraft Support Parts, net (Notes)	6 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Aircraft Support Parts, net	Inventory Inventory consists of the following (in thousands): June 30, 2015 December 31, 2014 Finished goods $ 8,667 $ — In the first quarter of 2015, the Company entered into an exclusive agreement with Bell Helicopters Textron Inc. (Bell) to provide support for the Bell 214 B and ST models, including spare parts supply, technical assistance, maintenance training, and maintenance, repair and overhaul (MRO) services. As a part of the agreement the Company acquired $9.4 million of inventory from Bell in exchange for a two year promissory note. When acquired, the Company classified the assets as inventory within current assets in the consolidated balance sheet. Aircraft Support Parts, net Aircraft support parts, net consists of aircraft parts and work-in-process which are valued at the lower of cost or market utilizing the first-in first-out method. Costs capitalized in aircraft support parts include materials, labor, and operating overhead. Work-in-process consists of remanufactured aircraft in various stages of production and in-process aircraft support parts. Upon completion of an aircraft remanufacture, based on the demand for the Company’s services, the Company may transfer an aircraft into its fleet. Aircraft support parts consisted of the following (in thousands): June 30, 2015 December 31, 2014 Aircraft parts $ 129,087 $ 124,629 Work-in-process 13,240 18,604 Less: Excess and obsolete reserve (5,600 ) (5,640 ) $ 136,727 $ 137,593

Assets Held for Sale (Notes)

Assets Held for Sale (Notes)	6 Months Ended
	Jun. 30, 2015
Classification of Assets Held for Sale [Abstract]
Assets Held for Sale	Assets Held for Sale We have classified certain assets as held for sale as these assets are ready for immediate sale and the Company expects these assets to be sold within one year. The changes in assets held for sale during the six months ended June 30, 2015 , are as follows (dollars in thousands): Assets Held for Sale # of Aircraft Aircraft held for sale Book value, January 1, 2015 — $ — Classified as held for sale, net of impairment 9 5,779 Fluctuations due to foreign currency translation adjustments — 65 Aircraft held for sale, June 30, 2015 9 5,844 Deferred overhauls associated with aircraft held for sale, June 30, 2015 2,592 Total assets held for sale, June 30, 2015 $ 8,436 During the first quarter of 2015, nine aircraft were reclassified to assets held for sale as the Company reviewed its fleet strategy for fiscal 2015. The Company recorded an impairment charge of $7.1 million to write down the carrying value of the aircraft to their estimated fair value less the costs to sell. The charge is included in other asset impairment in the consolidated statement of comprehensive loss for the six months ended June 30, 2015 . The fair value of assets held for sale is considered a level 2 measurement in the fair value hierarchy as the measurement is based on the recent sales and listed prices in the active markets for similar aircraft. The assets are no longer being depreciated or amortized effective March 31, 2015.

Aircraft and Property, Plant an

Aircraft and Property, Plant and Equipment (Notes)	6 Months Ended
	Jun. 30, 2015
Property, Plant and Equipment [Abstract]
Aircraft and Property, Plant and Equipment	Aircraft and Property, Plant and Equipment Aircraft, net consisted of the following (in thousands): June 30, 2015 December 31, 2014 Aircraft $ 150,251 $ 162,246 Less: Accumulated depreciation (37,640 ) (34,025 ) $ 112,611 $ 128,221 Property, plant, and equipment, net consisted of the following (in thousands): June 30, 2015 December 31, 2014 Land and land improvements $ 308 $ 308 Buildings 9,265 7,926 Vehicles and equipment 30,827 29,500 Deferred overhauls, net 81,355 86,768 Construction-in-progress 16,797 15,926 138,552 140,428 Less: Accumulated depreciation and amortization (21,748 ) (19,793 ) $ 116,804 $ 120,635 During the three months ended June 30, 2015 , and 2014 , depreciation expense was $4.4 million and $4.8 million , respectively. During the three months ended June 30, 2015 and 2014 , amortization expense associated with deferred overhauls was $4.8 million and $3.6 million , respectively. During the six months ended June 30, 2015 , and 2014 , depreciation expense was $9.2 million and $8.9 million , respectively. During the six months ended June 30, 2015 , and 2014 , amortization expense associated with deferred overhauls was $8.3 million and $6.8 million , respectively. During the first quarter of 2015, the Company completed a nonmonetary exchange of aircraft pursuant to which the Company transferred four Bell 212 helicopters to a third party in exchange for two Sikorsky S-76C+ helicopters. Independent appraisal confirmed that the fair values of the two aircraft received approximated the book values of the four aircraft transferred, and no gain or loss was recorded on the transaction. Prior to the exchange the aircraft were recorded in aircraft, net and their major components were recorded in deferred overhauls, net within property, plant, and equipment, net in the Company's consolidated balance sheets. The aircraft received and their major components were also recorded in aircraft, net and deferred overhauls, net, respectively, in the consolidated balance sheets. During the second quarter of 2014, the Company completed a sale-leaseback transaction pursuant to which the Company sold one S-64 Aircrane for a total purchase price of $24.7 million . The net book value of the Aircrane at the date of the transaction was $12.3 million . The lease had an initial term of seven years commencing on June 30, 2014, and base lease payments of approximately $264 thousand per month. The Company has the right to purchase the aircraft back from the lessor at the end of the fourth year of the lease term at a purchase price based upon the fair market value at that time. At the end of the term of the lease, the lessor has a put right to sell the aircraft back at a purchase price based on the fair market value at that time. The Company has accounted for the transaction as a sale-leaseback under ASC 840-40 “Sale-Leaseback Transactions”. The profit on the sale was deferred and will be recognized ratably over the term of the lease as a reduction to rent expense. The current portion of the deferred gain of $1.8 million is included in accrued and other current liabilities, and the non-current portion of deferred gain of $8.8 million is included in other long-term liabilities in the consolidated balance sheet as of June 30, 2015 . On July 31, 2015, the Company completed a sale-leaseback transaction pursuant to which the company sold its hangar facility located at the Medford international airport in Oregon. The lease has an initial term of 15 years, commencing on August 1, 2015.

Goodwill (Notes)

Goodwill (Notes)	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	Goodwill The changes in the carrying amount of goodwill for the six months ended June 30, 2015 are as follows (in thousands): Government Aviation Services Commercial Aviation Services Manufacturing & MRO Total Balance at January 1, 2015 Goodwill, gross $ 207,128 $ 23,843 $ 5,542 $ 236,513 Accumulated impairment losses (21,272 ) — — (21,272 ) Goodwill, net 185,856 23,843 5,542 215,241 Activity during 2015 Impairment losses (49,823 ) — — (49,823 ) Fluctuations due to foreign currency translation adjustments — (662 ) — (662 ) Balance at June 30, 2015 Goodwill, gross 207,128 23,181 5,542 235,851 Accumulated impairment losses (71,095 ) — — (71,095 ) Goodwill, net $ 136,033 $ 23,181 $ 5,542 $ 164,756 The Company reviews goodwill for impairment annually and whenever events or changes in circumstances indicate the carrying value of goodwill may not be recoverable. Conditions that would trigger an impairment assessment include, but are not limited to, a significant adverse change in legal factors or business climate. The goodwill impairment test involves a two-step process pursuant to ASC 350-20 "Intangibles - Goodwill and Other". The first step compares the fair value of the reporting unit to its carrying value. If the fair value of the reporting unit exceeds its carrying value, goodwill is not impaired and no further testing is required. If the fair value of the reporting unit is less than the carrying value, the second step of the impairment test is to measure the amount of impairment loss. In the second step, the reporting unit’s fair value is allocated to all of the assets and liabilities of the reporting unit, including any unrecognized intangible assets, in a hypothetical analysis that calculates the implied fair value of goodwill in the same manner as if the reporting unit was being acquired in a business combination. If the implied fair value of the reporting unit’s goodwill is less than the carrying value, the difference is recorded as an impairment loss. During the second quarter of 2014, the Company performed the annual impairment review for EHI, which was considered a reporting unit for the purposes of that analysis. As a result, the Company recorded an impairment charge of $21.3 million against the carrying amount of goodwill during the year ended December 31, 2014. On January 1, 2015, the Company evaluated its reporting units and determined four reporting units under its three operating reportable segments. The Company assigned its goodwill to each of the four reporting units as of January 1, 2015 using a relative fair value approach. During the quarter ended June 30, 2015 the Company re-evaluated its reporting units and determined that Oil and Gas Aviation Services business is no longer considered a stand-alone reporting unit, and is a part of Commercial Aviation Services. During the first quarter of 2015, the Company performed a qualitative and quantitative analysis which indicated that it is more likely than not that the fair value of the Government Aviation Services reporting unit is less than its carrying amount. The Company compared the business unit book value to its fair value, determined through the income approach, and concluded step two of the impairment test should be performed. For the purposes of the step two analysis, the Company estimated the fair value of the reporting unit using the income approach. The income approach estimates fair value by discounting the future cash flows expected to be generated by the business unit to their present value. The Company believes this is the most reliable indicator of fair value and is consistent with the approach a market place participant would use. Based on the Company’s step two analysis, the implied fair value of goodwill was lower than its carrying value. As a result, the Company recorded an impairment charge of $49.8 million during the quarter ended March 31, 2015. The estimation of fair value utilizing the above approach includes numerous uncertainties which require significant judgment when making assumptions of the cost of capital, expected growth rates, selection of discount rates, as well as assumptions regarding general economic and business conditions, among other factors. Key assumptions used in measuring the implied fair value of goodwill included a discount rate of 10% , an effective tax rate of 38% , a terminal EBITDA multiple of 7.0 , and utilizing the excess earnings method to value the customer relationship intangible. Subsequent to the Company's re-organization into three operating segments, the Company elected an annual testing date for each reporting unit during the second quarter of the fiscal year. During the second quarter of 2015, the Company performed the annual goodwill impairment review for the Government Aviation Services, Commercial Aviation Services, and Manufacturing & MRO reporting units. The Company assessed qualitative factors to determine whether it is more likely than not that the fair value of the reporting units are less than its carrying amount. As a result of this qualitative assessment, the Company determined it was not necessary to perform step one of the goodwill impairment tests.

Other Intangible Assets, net (N

Other Intangible Assets, net (Notes)	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Other Intangible Assets, net	Other Intangible Assets, net Other intangible assets, net consisted of the following (in thousands): Reportable Segment Useful Life (in years) June 30, December 31, Customer Relationships Government Aviation Services 9 $ 19,300 $ 19,300 Customer Relationships Commercial Aviation Services 2 (1) 2,500 2,500 Type Certificate (2) Manufacturing & MRO Indefinite 2,205 2,205 24,005 24,005 Less: accumulated amortization (5,256 ) (3,952 ) $ 18,749 $ 20,053 (1) During the first quarter of 2015 the Company reevaluated the customer relationship intangible related to the acquisition of Air Amazonia and reduced the useful life from 9 years to 2 years. (2) The Type Certificate included in intangible assets is the Type Certificate for engines used in the Aircrane, purchased individually during 2013. During the three months ended June 30, 2015 and 2014 , amortization expense for intangible assets was $0.7 million and $0.6 million , respectively. During the six months ended June 30, 2015 and 2014 , amortization expense for intangible assets was $1.3 million and $1.2 million , respectively, and was recorded in cost of revenues. Estimated amortization expense for intangible assets for future periods, including remaining amounts to be recorded in 2015 as of June 30, 2015 , is as follows (in thousands): Intangible Asset Amortization 2015 $ 1,639 2016 3,279 2017 2,333 2018 2,144 2019 2,144 Thereafter 5,005 Total $ 16,544

Accrued and Other Current Liabi

Accrued and Other Current Liabilities (Notes)	6 Months Ended
	Jun. 30, 2015
Payables and Accruals [Abstract]
Accrued and Other Current Liabilities	Accrued and Other Current Liabilities Accrued and other current liabilities consisted of the following (in thousands): June 30, 2015 December 31, 2014 Interest $ 5,653 $ 5,542 Payroll and related taxes 5,589 6,069 Promissory note, net of discount (1) 4,642 — Deferred revenue 1,899 795 Deferred gain on sale-leaseback 1,760 1,760 Accrued commissions 191 1,301 Other 2,545 3,567 $ 22,279 $ 19,034 (1) In the first quarter of 2015, the Company entered into a $10.0 million promissory note with Bell Helicopter Textron Inc. (Bell) in exchange for inventory delivered to the Company. The promissory note has no stated interest rate and matures on March 1, 2017 . The Company has agreed to pay, beginning on March 1, 2015, semi-annual principal payments, in cash, until the date of maturity. For the purposes of recording the initial liability, the fair value of the promissory note was estimated at $9.4 million , assuming a market level borrowing rate of 6.5% per annum. Interest expense is recorded as the discount is amortized over the term of the note. As of June 30, 2015 , the carrying value of the promissory note was $8.5 million , made up of the face value of the remaining principal of $9.0 million , net of the unamortized discount of $0.5 million . The non-current portion of the note of $3.9 million is included in other long-term liabilities in the consolidated balance sheet as of June 30, 2015 .

Debt (Notes)

Debt (Notes)	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Debt	Debt Outstanding debt consisted of the following (in thousands): June 30, 2015 December 31, 2014 Current Long-term Current Long-term 2020 Senior Notes $ — $ 355,000 $ — $ 355,000 Revolving Credit Facility — 113,710 — 89,339 2020 subordinated notes, net of discount 3,667 11,045 4,000 12,486 Capital lease obligations 888 2,763 — — Fixtures financing 147 178 144 265 Total $ 4,702 $ 482,696 $ 4,144 $ 457,090 2020 Senior Notes Offering The 2020 Senior Notes bear interest at 8.25% , are second priority senior secured obligations, and are due in 2020 . The 2020 Senior Notes are guaranteed by certain of the Company’s existing and future domestic subsidiaries. The Company used the net proceeds of the offering primarily to finance a portion of the purchase price for the EHI acquisition and refinance its 2015 Subordinated Notes and 2016 Subordinated Notes. The indenture under which the 2020 Senior Notes were issued, among other things, limits the Company’s ability and the ability of its restricted subsidiaries to: (i) pay dividends or distributions, repurchase equity, prepay subordinated debt or make certain investments; (ii) incur additional debt or issue certain disqualified stock and preferred stock; (iii) incur liens on assets; (iv) merge or consolidate with another company or sell all or substantially all assets; (v) enter into transactions with affiliates; and (vi) allow to exist certain restrictions on the ability of the guarantors to pay dividends or make other payments to the Company. The 2020 Senior Notes are secured by second-position liens, subject to certain exceptions and permitted liens, on substantially all of the Company and the guarantors’ existing and future assets that secure the Company’s new Revolving Credit Facility. The interest rate on the 2020 Senior Notes is fixed at 8.25% . The outstanding balance under the 2020 Senior Notes at June 30, 2015 and December 31, 2014 was $355.0 million . On May 2, 2014, the Company commenced an offer (the “Exchange Offer”) to exchange all $355.0 million aggregate principal amount of its outstanding 8.25% Second Priority Senior Secured Notes due 2020, which were not registered under the Securities Act of 1933 (the “Old Notes”), for an equal principal amount of new 8.25% Second Priority Senior Secured Notes due 2020 which have been registered under the Securities Act of 1933 (the “New Notes”). The Exchange Offer was completed on June 6, 2014. Revolving Credit Facility The maximum amount that the Company may borrow under the Revolving Credit Facility is $140.0 million . The interest rate under the Revolving Credit Facility is 225 - 450 basis points over LIBOR/Prime base rate depending on the Company’s senior leverage ratio. The proceeds under the Revolving Credit Facility are primarily used for general corporate purposes. The Company was in compliance with the financial covenants as of June 30, 2015 and December 31, 2014 . The Company and each of the Company’s current and future, direct and indirect, material subsidiaries guarantee the indebtedness under the Revolving Credit Facility on a senior secured first lien basis. Effective June 30, 2015, the Revolving Credit Facility was amended to, among other things, limit the requirement to be compliant with the fixed charge coverage ratio to periods when the availability is less than 12.5% of the maximum revolver amount. The Revolving Credit Facility contains certain financial covenants, including a minimum fixed charge coverage ratio of 1.10 :1.00. The fixed charge coverage ratio has multiple inputs, including, but not limited to, bank EBITDA, capital expenditures, and cash paid for interest, taxes, and principal debt payments. The Revolving Credit Facility also imposes an annual growth capital expenditures limit of approximately $10.0 million for the fiscal year of 2015, escalating to $20.0 million for fiscal 2016, and to $25.0 million in subsequent years, which is subject to standard carry-over provisions for 2016 and beyond. The Revolving Credit Facility includes mandatory prepayment requirements for the certain types of transactions, including, without limitation, requiring prepayment from (a) proceeds that the Company receives as a result of certain asset sales, subject to re-investment provisions on terms to be determined, and (b) proceeds from extraordinary receipts. The outstanding balance under the Revolving Credit Facility at June 30, 2015 and December 31, 2014 was $113.7 million and $89.3 million , respectively. The weighted average interest rate for borrowings under the Revolving Credit Facility for the three and six months period ended June 30, 2015 was 5.01% and 5.04% , respectively. The interest rate at June 30, 2015 and December 31, 2014 was 5.00% and 5.02% , respectively. As of June 30, 2015 and December 31, 2014 the Company had $0.7 million and $4.7 million in outstanding standby letters of credit under the Revolving Credit Facility, respectively, and maximum borrowing availability was $25.6 million and $46.0 million as of June 30, 2015 and December 31, 2014 , respectively. 2020 Subordinated Notes Pursuant to the terms of the EHI stock purchase agreement, the consideration included $17.5 million of the Company’s subordinated notes. The subordinated notes accrue interest at a fixed rate of 6.0% per annum, mature on November 2, 2020 , and may be prepaid at the Company’s option. Upon an event of default under the subordinated notes, the interest rate will increase to 8.0% per annum until the event of default is cured. The Company agreed to pay, in cash, quarterly installments of interest only (in arrears) until March 31, 2015 , after which date the Company will pay, in addition to such interest, on a quarterly basis $1.0 million in principal. Upon any refinancing of the 2020 Senior Notes or the Revolving Credit Facility the principal amount of the subordinated notes with all accrued interest thereon will become due and payable. Upon a change of control, the principal amount together with all accrued interest shall forthwith be due and payable. Until the principal amount of the subordinated notes together with all accrued interest thereon has been paid in full, the Company and its subsidiaries may not declare or pay any dividend, make any payment on account of, or take certain other actions in respect of any of the Company or its subsidiaries’ equity interests, subject to certain exceptions. For purchase accounting of the EHI acquisition, the fair value of the subordinated notes was estimated at $15.9 million , assuming a market level borrowing rate of 9.00% . As of June 30, 2015 , the carrying value of the 2020 Subordinated Notes was $14.7 million , made up of the face value of the remaining principal of $15.5 million net of the unamortized discount of $0.8 million . As of December 31, 2014 , the carrying value of the 2020 Subordinated Notes was $16.5 million , made up of the face value of $17.5 million net of the unamortized discount of $1.0 million . The weighted average interest rate for borrowings under the 2020 Subordinated Notes was 6.00% during the three and six months period ended June 30, 2015 .

Other Long-Term Liabilities (No

Other Long-Term Liabilities (Notes)	6 Months Ended
	Jun. 30, 2015
Other Long-Term Liabilities Disclosure [Abstract]
Other Long-Term Liabilities	Other Long-Term Liabilities Other long-term liabilities consisted of the following (in thousands): June 30, 2015 December 31, 2014 Deferred gain on sale-leaseback (see Note 7) $ 8,798 $ 9,678 Promissory note, net of discount (see Note 10) 3,895 — Other 4,183 3,503 $ 16,876 $ 13,181

Consolidating Financial Informa

Consolidating Financial Information (Notes)	6 Months Ended
	Jun. 30, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Consolidating Financial Information	Consolidating Financial Information Certain of the Company’s subsidiaries have guaranteed its obligations under the $355.0 million outstanding principal amount of 8.25% notes due 2020 . The following presents the condensed consolidating financial information for: • Erickson Incorporated (the ‘‘Parent Company’’), the issuer of the guaranteed obligations; • Guarantor subsidiaries, on a combined basis, as specified in the indenture related to the Company’s obligations under the 2020 Senior Notes; • Non-guarantor subsidiaries, on a combined basis; • Consolidating entries and eliminations representing adjustments to (a) eliminate intercompany transactions between or among the Parent Company, the guarantor subsidiaries and the non-guarantor subsidiaries, (b) eliminate the investments in the Company’s subsidiaries, and (c) record consolidating entries; and • Erickson Incorporated and Subsidiaries on a consolidated basis. Each guarantor subsidiary was 100% owned by the Parent Company as of the date of each condensed consolidating balance sheet presented. The 2020 Senior Notes are fully and unconditionally guaranteed on a joint and several basis by each guarantor subsidiary. Each entity in the consolidating financial information follows the same accounting policies as described in the consolidated financial statements, except for the use by the Parent Company and guarantor subsidiaries of the equity method of accounting to reflect ownership interests in subsidiaries which are eliminated upon consolidation. Changes in intercompany receivables and payables related to operations, such as intercompany sales or service charges, are included in cash flows from operating activities. All figures presented are in thousands. Figures presented as of June 30, 2015 and 2014, and for the three and six months ended June 30, 2015 and 2014 are unaudited. Condensed Consolidating Balance Sheet Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 16 $ 41 $ 1,709 $ — $ 1,766 Restricted cash 136 — 223 — 359 Accounts receivable, net 16,100 23,661 8,653 40 48,454 Inventory 8,667 — — — 8,667 Prepaid expenses and other current assets 6,243 1,142 1,048 — 8,433 Income tax receivable 150 170 289 — 609 Deferred tax assets 1,240 — (104 ) 204 1,340 Total current assets 32,552 25,014 11,818 244 69,628 Aircraft support parts, net 105,672 29,971 1,129 (45 ) 136,727 Assets held for sale 3,800 2,550 2,086 — 8,436 Aircraft, net 81,953 30,658 — — 112,611 Property, plant and equipment, net 73,710 41,664 1,430 — 116,804 Goodwill — 160,532 4,986 (762 ) 164,756 Other intangible assets, net 2,205 14,654 1,890 — 18,749 Other non-current assets 321,715 4,566 664 (305,094 ) 21,851 Total assets $ 621,607 $ 309,609 $ 24,003 $ (305,657 ) $ 649,562 Liabilities and stockholders’ equity (deficit) Current liabilities: Accounts payable 7,055 11,178 1,254 — $ 19,487 Current portion of long-term debt 3,843 859 — — 4,702 Accrued and other current liabilities (31,393 ) 26,789 26,883 — 22,279 Income tax payable (340 ) — 368 — 28 Deferred tax liabilities 246 — — (246 ) — Total current liabilities (20,589 ) 38,826 28,505 (246 ) 46,496 Long-term debt, less current portion 11,319 2,667 — — 13,986 Long-term revolving credit facilities 113,710 — — — 113,710 Long-term notes payable 355,000 — — — 355,000 Other long-term liabilities 16,229 584 63 — 16,876 Uncertain tax positions 6,668 — — — 6,668 Deferred tax liabilities 3,874 — (1,165 ) 450 3,159 Total liabilities 486,211 42,077 27,403 204 555,895 Stockholders’ equity (deficit): Common stock 1 — 1,675 (1,675 ) 1 Additional paid-in capital 181,083 297,994 33 (298,027 ) 181,083 Retained earnings (accumulated deficit) (42,465 ) (30,462 ) (5,176 ) (5,176 ) (83,279 ) Accumulated other comprehensive loss (3,223 ) — (566 ) (755 ) (4,544 ) Total stockholders’ equity (deficit) attributable to Erickson Incorporated 135,396 267,532 (4,034 ) (305,633 ) 93,261 Noncontrolling interest — — 634 (228 ) 406 Total stockholders’ equity (deficit) 135,396 267,532 (3,400 ) (305,861 ) 93,667 Total liabilities and stockholders’ equity $ 621,607 $ 309,609 $ 24,003 $ (305,657 ) $ 649,562 Condensed Consolidating Balance Sheet Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 7 $ 274 $ 4,816 $ — $ 5,097 Restricted cash 136 — 431 — 567 Accounts receivable, net 13,117 26,199 4,990 44 44,350 Prepaid expenses and other current assets 6,506 1,171 1,103 — 8,780 Income tax receivable 320 — 335 22 677 Deferred tax assets 1,440 — (210 ) — 1,230 Total current assets 21,526 27,644 11,465 66 60,701 Aircraft support parts, net 106,721 30,482 435 (45 ) 137,593 Aircraft, net 82,799 42,405 3,017 — 128,221 Property, plant and equipment, net 70,732 47,762 2,141 — 120,635 Other intangible assets, net 2,205 15,726 2,122 — 20,053 Goodwill — 210,356 5,647 (762 ) 215,241 Other non-current assets 323,332 4,337 501 (305,093 ) 23,077 Total assets $ 607,315 $ 378,712 $ 25,328 $ (305,834 ) $ 705,521 Liabilities and stockholders’ equity (deficit) Current liabilities: Accounts Payable 6,021 11,465 2,358 — $ 19,844 Current portion of long-term debt 4,144 — — — 4,144 Accrued and other current liabilities (54,577 ) 49,166 24,998 (553 ) 19,034 Income tax payable (397 ) — 137 575 315 Deferred tax liabilities 884 — — — 884 Total current liabilities (43,925 ) 60,631 27,493 22 44,221 Long-term debt, less current portion 12,751 — — — 12,751 Long-term revolving credit facilities 89,339 — — — 89,339 Long-term notes payable 355,000 — — — 355,000 Other long-term liabilities 12,410 708 63 — 13,181 Uncertain tax positions 6,313 — — — 6,313 Deferred tax liabilities 5,061 — (1,358 ) — 3,703 Total liabilities 436,949 61,339 26,198 22 524,508 Stockholders’ equity (deficit): Common stock 1 — 1,675 (1,675 ) 1 Additional paid-in capital 181,018 297,994 33 (298,027 ) 181,018 Retained earnings (accumulated deficit) (8,993 ) 19,379 (3,171 ) (5,403 ) 1,812 Accumulated other comprehensive loss (1,660 ) — (41 ) (843 ) (2,544 ) Total stockholders’ equity (deficit) attributable to Erickson Incorporated 170,366 317,373 (1,504 ) (305,948 ) 180,287 Noncontrolling interest — — 634 92 726 Total stockholders’ equity (deficit) 170,366 317,373 (870 ) (305,856 ) 181,013 Total liabilities and stockholders’ equity $ 607,315 $ 378,712 $ 25,328 $ (305,834 ) $ 705,521 Condensed Consolidating Statement of Operations Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Net revenues: $ 29,495 $ 34,433 $ 13,285 $ (7,894 ) $ 69,319 Cost of revenues 23,264 34,173 11,999 (7,849 ) 61,587 Gross profit 6,231 260 1,286 (45 ) 7,732 Operating expenses: General and administrative 4,742 151 768 — 5,661 Research and development 583 — — — 583 Selling and marketing 1,338 4 33 (45 ) 1,330 Total operating expenses 6,663 155 801 (45 ) 7,574 Operating income (loss) (432 ) 105 485 — 158 Other income (expense): Interest expense, net (9,172 ) (109 ) (94 ) — (9,375 ) Other income (expense), net (367 ) 143 (109 ) 2 (331 ) Total other income (expense) (9,539 ) 34 (203 ) 2 (9,706 ) Net income (loss) before income taxes and noncontrolling interest (9,971 ) 139 282 2 (9,548 ) Income tax expense 342 — 349 — 691 Net income (loss) (10,313 ) 139 (67 ) 2 (10,239 ) Less: Net loss related to noncontrolling interest — — — 118 118 Net income (loss) attributable to Erickson Incorporated and common stockholders $ (10,313 ) $ 139 $ (67 ) $ 120 $ (10,121 ) Condensed Consolidating Statement of Operations Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Net revenues: $ 26,817 $ 44,706 $ 13,853 $ (4,491 ) $ 80,885 Cost of revenues 23,371 37,232 11,389 (4,491 ) 67,501 Gross profit 3,446 7,474 2,464 — 13,384 Operating expenses: General and administrative 5,848 185 961 — 6,994 Research and development 738 — — — 738 Selling and marketing 1,617 163 30 — 1,810 Impairment of goodwill — 21,272 — — 21,272 Total operating expenses 8,203 21,620 991 — 30,814 Operating income (loss) (4,757 ) (14,146 ) 1,473 — (17,430 ) Other income (expense): Interest income (expense), net (8,957 ) — (154 ) — (9,111 ) Other income (expense), net (712 ) (4 ) (63 ) (64 ) (843 ) Total other income (expense) (9,669 ) (4 ) (217 ) (64 ) (9,954 ) Net income (loss) before income taxes and noncontrolling interest (14,426 ) (14,150 ) 1,256 (64 ) (27,384 ) Income tax expense (benefit) (12,109 ) — 1,887 — (10,222 ) Net income (loss) (2,317 ) (14,150 ) (631 ) (64 ) (17,162 ) Less: Net loss related to noncontrolling interest — — — 53 53 Net income (loss) attributable to Erickson Incorporated and common stockholders $ (2,317 ) $ (14,150 ) $ (631 ) $ (11 ) $ (17,109 ) Condensed Consolidating Statement of Operations Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Net revenues: $ 53,823 $ 71,977 $ 26,177 $ (16,496 ) $ 135,481 Cost of revenues 48,461 68,815 25,516 (16,417 ) 126,375 Gross profit 5,362 3,162 661 (79 ) 9,106 Operating expenses: General and administrative 10,779 352 1,468 — 12,599 Research and development 1,461 — — — 1,461 Selling and marketing 3,045 54 65 (79 ) 3,085 Impairment of goodwill — 49,823 — — 49,823 Other asset impairment 3,441 2,749 953 — 7,143 Total operating expenses 18,726 52,978 2,486 (79 ) 74,111 Operating loss (13,364 ) (49,816 ) (1,825 ) — (65,005 ) Other income (expense): Interest expense, net (18,201 ) (186 ) (200 ) — (18,587 ) Other income (expense), net (2,110 ) 162 296 (4 ) (1,656 ) Total other income (expense) (20,311 ) (24 ) 96 (4 ) (20,243 ) Net loss before income taxes and noncontrolling interest (33,675 ) (49,840 ) (1,729 ) (4 ) (85,248 ) Income tax expense (benefit) (199 ) — 273 — 74 Net loss (33,476 ) (49,840 ) (2,002 ) (4 ) (85,322 ) Less: Net loss related to noncontrolling interest — — — 231 231 Net income (loss) attributable to Erickson Incorporated and common stockholders $ (33,476 ) $ (49,840 ) $ (2,002 ) $ 227 $ (85,091 ) Condensed Consolidating Statement of Operations Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Net revenues: $ 51,444 $ 87,458 $ 25,413 $ (9,246 ) $ 155,069 Cost of revenues 45,267 75,008 23,130 (9,246 ) 134,159 Gross profit 6,177 12,450 2,283 — 20,910 Operating expenses: General and administrative 11,487 606 1,698 — 13,791 Research and development 2,056 — — — 2,056 Selling and marketing 3,664 320 60 — 4,044 Impairment of goodwill — 21,272 — — 21,272 Total operating expenses 17,207 22,198 1,758 — 41,163 Operating income (loss) (11,030 ) (9,748 ) 525 — (20,253 ) Other income (expense): Interest income (expense), net (17,466 ) 17 (415 ) — (17,864 ) Other income (expense), net (1,311 ) 22 4 (77 ) (1,362 ) Total other income (expense) (18,777 ) 39 (411 ) (77 ) (19,226 ) Net income (loss) before income taxes and noncontrolling interest (29,807 ) (9,709 ) 114 (77 ) (39,479 ) Income tax expense (benefit) (15,915 ) — 1,123 — (14,792 ) Net loss (13,892 ) (9,709 ) (1,009 ) (77 ) (24,687 ) Less: Net income related to noncontrolling interest — — — (16 ) (16 ) Net loss attributable to Erickson Incorporated and common stockholders $ (13,892 ) $ (9,709 ) $ (1,009 ) $ (93 ) $ (24,703 ) Condensed Consolidating Statement of Cash Flows Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Cash flows from operating activities: Net income (loss) $ (10,313 ) $ 139 $ (67 ) $ 2 $ (10,239 ) Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation and amortization 5,626 4,071 201 — 9,898 Deferred income taxes (209 ) — (60 ) — (269 ) Non-cash interest expense on debt 229 — — — 229 Stock-based compensation (48 ) — — — (48 ) Amortization of debt issuance costs 630 — — — 630 Gain on sale of equipment (69 ) (3 ) (4 ) — (76 ) Changes in operating assets and liabilities: Accounts receivable 420 1,966 1,203 (2 ) 3,587 Inventory 487 — — — 487 Prepaid expenses and other current assets (259 ) (318 ) 943 — 366 Income tax receivable 170 (170 ) (195 ) — (195 ) Aircraft support parts, net 1,823 515 (774 ) — 1,564 Other non-current assets (202 ) 496 — — 294 Accounts payable 2,024 1,466 (1,260 ) — 2,230 Accrued and other current liabilities (4,720 ) (6,588 ) (1,625 ) — (12,933 ) Income tax payable (14 ) 2 356 — 344 Other long-term liabilities 345 (63 ) — — 282 Net cash provided by (used in) operating activities (4,080 ) 1,513 (1,282 ) — (3,849 ) Cash flows from investing activities: Restricted cash — — 175 — 175 Purchases of aircraft and property, plant and equipment (5,035 ) (1,317 ) 187 — (6,165 ) Net cash provided by (used in) investing activities (5,035 ) (1,317 ) 362 — (5,990 ) Cash flows from financing activities: Shares withheld for payment of taxes (32 ) — — — (32 ) Repayments of subordinated notes (1,000 ) — — — (1,000 ) Repayments of credit facilities (38,971 ) — — — (38,971 ) Borrowings from credit facilities 48,756 — — — 48,756 Other long-term borrowings (36 ) — — — (36 ) Payments under capital leases (1 ) (199 ) — — (200 ) Debt issuance costs (67 ) — — — (67 ) Net cash provided by (used) in financing activities 8,649 (199 ) — — 8,450 Effect of foreign currency exchange rates on cash and cash equivalents 392 — (111 ) — 281 Net decrease in cash and cash equivalents (74 ) (3 ) (1,031 ) — (1,108 ) Cash and cash equivalents at beginning of period 90 44 2,740 — 2,874 Cash and cash equivalents at end of period $ 16 $ 41 $ 1,709 $ — $ 1,766 Condensed Consolidating Statement of Cash Flows Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Cash flows from operating activities: Net loss $ (2,317 ) $ (14,150 ) $ (631 ) $ (64 ) $ (17,162 ) Adjustments to reconcile net iloss to net cash provided by (used in) operating activities: Depreciation and amortization 6,343 2,433 205 — 8,981 Impairment of goodwill — 21,272 — — 21,272 Deferred income taxes (12,711 ) — (45 ) — (12,756 ) Non-cash interest expense on debt 93 — — — 93 Stock-based compensation 236 — — — 236 Non-cash interest income on loans — — — — — Gain on sale of equipment (60 ) — (1 ) — (61 ) Amortization of debt issuance costs 593 — — — 593 Changes in operating assets and liabilities: Accounts receivable (6,243 ) (3,858 ) (2,206 ) 1 (12,306 ) Prepaid expenses and other current assets (893 ) 268 318 — (307 ) Income tax receivable, net (19 ) — 807 — 788 Aircraft support parts, net (4,424 ) (158 ) (269 ) — (4,851 ) Other non-current assets 202 1,157 222 — 1,581 Accounts payable 634 (1,088 ) (810 ) — (1,264 ) Accrued and other current liabilities (16,051 ) 4,688 (935 ) — (12,298 ) Income tax payable (10 ) 4 723 — 717 Other long-term liabilities 264 — — — 264 Net cash provided by (used in) operating activities (34,363 ) 10,568 (2,622 ) (63 ) (26,480 ) Cash flows from investing activities: Purchases of aircraft and property, plant and equipment (8,988 ) (10,493 ) (174 ) — (19,655 ) Proceeds from sale-leaseback of aircraft 24,660 — — — 24,660 Restricted cash — — 1,567 — 1,567 Dividends paid to non-controlling interest — — (136 ) 63 (73 ) Net cash provided by (used in) investing activities 15,672 (10,493 ) 1,257 63 6,499 Cash flows from financing activities: Repayments of credit facilities (54,723 ) — — — (54,723 ) Borrowings from credit facilities 73,264 — — — 73,264 Other long-term borrowings 393 — — — 393 Debt issuance costs (37 ) — — — (37 ) Shares withheld for payment of taxes (166 ) — — — (166 ) Net cash provided by financing activities 18,731 — — — 18,731 Effect of foreign currency exchange rates on cash and cash equivalents 433 — 51 — 484 Net increase (decrease) in cash and cash equivalents 473 75 (1,314 ) — (766 ) Cash and cash equivalents at beginning of period 10 — 3,200 — 3,210 Cash and cash equivalents at end of period $ 483 $ 75 $ 1,886 $ — $ 2,444 Condensed Consolidating Statement of Cash Flows Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Cash flows from operating activities: Net loss $ (33,476 ) $ (49,840 ) $ (2,002 ) $ (4 ) $ (85,322 ) Adjustments to reconcile net loss to net cash provided by (used in) operating activities: Depreciation and amortization 10,898 7,399 419 — 18,716 Impairment of goodwill — 49,823 — — 49,823 Other asset impairment 3,441 2,749 953 — 7,143 Deferred income taxes (1,627 ) — (60 ) — (1,687 ) Non-cash interest expense on debt 406 — — — 406 Stock-based compensation 97 — — — 97 Amortization of debt issuance costs 1,254 — — — 1,254 Loss (gain) on sale of equipment (91 ) (3 ) 24 — (70 ) Changes in operating assets and liabilities Accounts receivable (2,984 ) 2,537 (4,029 ) 4 (4,472 ) Inventory (8,666 ) — — — (8,666 ) Prepaid expenses and other current assets 263 29 (150 ) — 142 Income tax receivable 170 (170 ) 46 22 68 Aircraft support parts, net 287 512 (758 ) — 41 Other non-current assets 500 2,335 (151 ) — 2,684 Accounts payable 1,034 (287 ) (722 ) — 25 Accrued and other current liabilities 13,573 (12,858 ) 3,246 553 4,514 Income tax payable 47 2 269 (575 ) (257 ) Other long-term liabilities 4,096 (125 ) — — 3,971 Net cash provided by (used in) operating activities (10,778 ) 2,103 (2,915 ) — (11,590 ) Cash flows from investing activities: Restricted cash — — 124 — 124 Purchases of aircraft and property, plant and equipment (9,770 ) (1,997 ) (72 ) — (11,839 ) Net cash provided by (used in) investing activities (9,770 ) (1,997 ) 52 — (11,715 ) Cash flows from financing activities: Shares withheld for payment of taxes (32 ) — — — (32 ) Repayments of subordinated notes (2,000 ) — — — (2,000 ) Repayments of credit facilities (73,182 ) — — — (73,182 ) Borrowings from credit facilities 97,553 — — — 97,553 Other long-term borrowings (84 ) — — — (84 ) Payments under capital leases (1 ) (339 ) — — (340 ) Debt issuance costs (137 ) — — — (137 ) Net cash provided by financing activities 22,117 (339 ) — — 21,778 Effect of foreign currency exchange rates on cash and cash equivalents (1,560 ) — (244 ) — (1,804 ) Net increase (decrease) in cash and cash equivalents 9 (233 ) (3,107 ) — (3,331 ) Cash and cash equivalents at beginning of period 7 274 4,816 — 5,097 Cash and cash equivalents at end of period $ 16 $ 41 $ 1,709 $ — $ 1,766 Condensed Consolidating Statement of Cash Flows Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Cash flows from operating activities: Net loss $ (13,892 ) $ (9,709 ) $ (1,009 ) $ (77 ) $ (24,687 ) Adjustments to reconcile net loss to net cash provided by (used in) operating activities: Depreciation and amortization 11,654 4,885 395 — 16,934 Impairment of goodwill — 21,272 — — 21,272 Deferred income taxes (16,830 ) — 90 — (16,740 ) Non-cash interest expense on debt 130 — — — 130 Stock-based compensation 396 — — — 396 Gain on sale of equipment (121 ) (25 ) (45 ) — (191 ) Amortization of debt issuance costs 1,214 — — — 1,214 Changes in operating assets and liabilities: Accounts receivable (1,359 ) 5,906 (2,991 ) 14 1,570 Prepaid expenses and other current assets (1,159 ) (64 ) 317 — (906 ) Income tax receivable, net 41 (3 ) 908 — 946 Aircraft support parts, net (7,759 ) (4,483 ) (473 ) — (12,715 ) Other non-current assets 145 2,753 228 — 3,126 Accounts payable 2,408 (1,285 ) (392 ) — 731 Accrued and other current liabilities (15,843 ) (1,894 ) 1,396 — (16,341 ) Income tax payable (10 ) 4 723 — 717 Other long-term liabilities 558 — — — 558 Net cash provided by (used in) operating activities (40,427 ) 17,357 (853 ) (63 ) (23,986 ) Cash flows from investing activities: Purchases of aircraft and property, plant and equipment (19,623 ) (17,270 ) (245 ) — (37,138 ) Proceeds from sale-leaseback of aircraft 24,660 — — — 24,660 Restricted cash — — 1,767 — 1,767 Dividends paid to noncontrolling interest — — (136 ) 63 (73 ) Net cash provided by (used in) investing activities 5,037 (17,270 ) 1,386 63 (10,784 ) Cash flows from financing activities: Proceeds from shareholders, net 414 — — — 414 Repayments of credit facilities (79,123 ) — — — (79,123 ) Borrowings from credit facilities 113,131 — — — 113,131 Other long-term borrowings 393 — — — 393 Debt issuance costs (267 ) — — — (267 ) Shares withheld for payment of taxes (166 ) — — — (166 ) Net cash provided by financing activities 34,382 — — — 34,382 Effect of foreign currency exchange rates on cash and cash equivalents 915 — 36 — 951 Net increase (decrease) in cash and cash equivalents (93 ) 87 569 — 563 Cash and cash equivalents at beginning of period 576 (12 ) 1,317 — 1,881 Cash and cash equivalents at end of period $ 483 $ 75 $ 1,886 $ — $ 2,444

Income Taxes (Notes)

Income Taxes (Notes)	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company’s effective tax rate for the three months ended June 30, 2015 was (7.2)% and differs from the federal statutory rate of 35% due to the full valuation allowance position in the U.S., Brazil, and Italy. The effective tax rate for the three months ended June 30, 2015 includes withholding taxes for which no net deferred tax assets will be recognized in 2015 due to the full valuation allowance position, as well as tax expense for deferred tax liabilities associated with indefinite lived assets, which liabilities cannot be offset against deferred tax assets to reduce the amount of the valuation allowance. The tax benefit from applying the effective tax rate to pretax loss results for the three months ended June 30, 2015 was reduced to reflect limitation of interim period loss benefit to the full year expected forecast benefit of Federal and State taxes. For the three months ended June 30, 2014 , the Company's effective tax rate was 37.3% and differed from the statutory rate primarily due to the goodwill impairment and differing tax rates in foreign jurisdictions and the distribution of income it earned in those jurisdictions. The Company recognizes deferred tax assets if realization of such assets is more likely than not. In order to make this determination the Company evaluates factors for each jurisdiction including, but not limited to, the ability to generate future taxable income from reversing taxable temporary differences and forecasts of financial and taxable income or loss by jurisdiction. The cumulative loss incurred in the U.S. over the past twelve quarter period ending March 31, 2015 was significant negative objective evidence against the Company’s ability to realize a benefit from its U.S. deferred tax assets which include net operating loss, tax credit carryforwards and other deferred tax assets. Such objective evidence limited the ability of the Company to consider in its evaluation other subjective evidence such as the Company’s projections for future growth. On the basis of its evaluation the Company determined that its U.S. deferred tax assets were not more likely than not to be realized and that a full valuation allowance against net U.S. deferred tax assets was appropriate. As of June 30, 2015 , for foreign jurisdictions, the Company believes it is more likely than not that it will realize all of its deferred tax assets, including its net operating loss carryforwards, with the exception of those related to Brazil, Italy and Malaysia where the Company has recorded a full valuation allowance against its net deferred tax assets. As of June 30, 2015 , there have been no material changes to the Company’s uncertain tax position as provided at December 31, 2014 . The Company’s unrecognized tax benefits and related interest and penalties during the three months ended June 30, 2015 increased by $0.3 million primarily due to the uncertain tax positions associated with certain tax matters in Greece. The ending balance for the unrecognized tax benefits was approximately $9.2 million at June 30, 2015 and included penalties of approximately $2.8 million and the related interest was immaterial. It is the Company’s policy to recognize interest and penalties related to uncertain tax positions in other income (expense). The IRS has completed the information gathering phase of their income tax examination of the 2012 tax year and has started the information gathering phase of their examination of the 2013 tax year. To date, no official adjustment or assessment has been made for both tax years. The Italian tax authorities have examined our fiscal years 2008 to 2010 and all assessments issued by the taxing authorities have been appealed to the appropriate level of the Italian court. The Malaysian tax authorities have examined our fiscal years 2008 to 2011 and have proposed adjustments relating to certain withholding tax liabilities which were not significant. The Greek tax authorities have completed their tax examination of the Company and the Company is currently in discussion with the Greek Tax Office on various tax matters. In July, the Company was notified that the Peru taxing authorities would be examining the Company's 2014 tax year. As of June 30, 2015, the Company is not aware of any adjustments that will have a material impact on the Company's consolidated financial position, results of operations, or cash flows from the aforementioned income tax examinations. All material uncertain tax positions associated with the examinations have been taken into account in the ending balance of the unrecognized tax benefits at June 30, 2015 . The Company is not under income or withholding tax examination by tax authorities in any other jurisdictions.

Reportable Segments (Notes)

Reportable Segments (Notes)	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Reportable Segments	Reportable Segments The Company reports segment information based on the “management” approach. The management approach designates the internal reporting used by management for making decisions and assessing performance as the source of the Company’s reportable segments. On January 1, 2015, as a part of a reorganization, the Company established reportable operating segments to assess performance by type of customer and end market: Government Aviation Services, Commercial Aviation Services, and Manufacturing & MRO. Government Aviation Services. The Company’s Government Aviation Services revenue is derived primarily from contracts with the United States Department of Defense, international governments, and other government organizations, and third parties that contract with such government agencies and organizations, that use its services for defense and security, and transportation and other government-related activities. • Defense, Security Contracts and Other Government-Related Activities. The Company has both domestic and international contracts, but the majority of its defense and security-related work is performed outside of the United States. This line of business also captures several types of government services including transportation of items for various government entities that are not defense or security related, as well as other government-related services. Commercial Aviation Services. The Company’s Commercial Aviation Services revenue is derived primarily from firefighting, timber harvesting, infrastructure construction, oil and gas services, and other commercial services. • Firefighting Contracts. The Company has both domestic and international contracts, which may be exclusive-use or call-when-needed in nature. Exclusive-use contracts denote that the Company is obligated to provide, and its customers are obligated to take and pay for, the use of the Company’s services. Call-when-needed contracts are contracts with pre-negotiated terms under which the Company may elect to provide services if requested. • Timber Harvesting Contracts. The Company's timber harvesting operations are generally longer term jobs (several months or years in duration) and provide timber air lift services to a variety of customers in North America. • Infrastructure Construction Contracts. The Company’s infrastructure construction operations vary from short-term construction jobs (generally one to five days in duration) to longer-term jobs (several months or years in duration) within the construction, energy transmission, and energy generation industries. • Oil & Gas Services Contract s. The Company's oil and gas operations are generally longer-term jobs (several months or years in duration). The majority of oil and gas related work is performed in North and South America. Manufacturing & MRO. The Company's Manufacturing & MRO revenues is derived primarily from manufacturing; maintenance, repair, and overhaul services; as well as aircraft sales. • Manufacturing / MRO. The Company has an ongoing revenue stream from customers who own or operate either Aircranes or the military version CH-54s, Bell 214ST and B models, or other aircraft, and require parts support for their helicopters. Further, the Company provides services to customers who own or operate Aircranes, CH-54s, Bell 214ST and B models, or other aircraft and need their aircraft components repaired or overhauled by a certified facility. The Company also sells aircraft and aircraft related assets to external commercial and governmental customers through its Trade group. The following table sets forth information about the Company’s operations by its three reportable segments: Revenue by Reportable Segment (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Net revenues: Government Aviation Services $ 28,391 $ 41,878 $ 61,266 $ 83,411 Commercial Aviation Services 34,319 35,639 60,572 65,545 Manufacturing & MRO 6,609 3,368 13,643 6,113 Total net revenues $ 69,319 $ 80,885 $ 135,481 $ 155,069 Gross Profit by Reportable Segment (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Gross Profit: Government Aviation Services $ 2,117 $ 8,275 $ 6,479 $ 14,588 Commercial Aviation Services 3,686 5,005 (1,001 ) 5,301 Manufacturing & MRO 1,929 104 3,628 1,021 Total gross profit $ 7,732 $ 13,384 $ 9,106 $ 20,910 Assets by Reportable Segment (in thousands): June 30, 2015 December 31, 2014 Assets: Government Aviation Services $ 179,229 $ 232,775 Commercial Aviation Services 57,034 56,456 Manufacturing & MRO 22,379 16,207 Corporate (1) 16,342 13,633 Assets held for sale 8,436 — Fixed Assets (2) 366,142 386,450 Total assets $ 649,562 $ 705,521 (1) Corporate assets are comprised primarily of cash, deferred tax assets, and deferred offering costs. (2) Fixed assets are comprised of the aircraft fleet and fleet support assets including aircraft, net, aircraft support parts, net, and property, plant, and equipment, net. Property, plant, and equipment, net are primarily used to support the aircraft fleet, with minimal amounts allocated to the corporate function. A reconciliation of the Company’s segment gross profit to operating loss for the three months ended June 30, 2015 and 2014 is as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Reconciliation to operating income (loss): Government Aviation Services gross profit $ 2,117 $ 8,275 $ 6,479 $ 14,588 Commercial Aviation Services gross profit 3,686 5,005 (1,001 ) 5,301 Manufacturing & MRO gross profit 1,929 104 3,628 1,021 Operating expenses, net (1) (7,574 ) (30,814 ) (74,111 ) (41,163 ) Total operating income (loss) $ 158 $ (17,430 ) $ (65,005 ) $ (20,253 ) (1) Corporate expenses include corporate sales and marketing expenses, research and development, stock-based compensation expense, certain tax expenses, various nonrecurring charges including intangible asset impairments, and other separately managed general and administrative costs. Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Net revenues: North America $ 27,198 $ 30,515 $ 44,055 $ 48,230 Middle East 16,568 21,488 33,125 41,439 Europe 3,051 5,623 3,904 8,937 Asia 5,379 6,179 10,994 11,936 South America 10,066 10,442 21,103 18,549 Africa 6,979 6,585 13,772 14,872 Australia 78 53 8,528 11,106 Total net revenues $ 69,319 $ 80,885 $ 135,481 $ 155,069 For each operating segment, revenues are attributed to geographic area based on the country where the services were performed; for the Manufacturing & MRO reportable segment, revenues are attributed to geographic area based on the country in which the customer is located.

Commitments and Contingencies (

Commitments and Contingencies (Notes)	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Environmental Remediation Matters The Company is continuing to participate in remediating environmental damage resulting from the identification of hazardous substances at its Central Point, Oregon facility. Under the Asset Purchase Agreement with Erickson Group, Ltd. (“Erickson Group”), a previous owner of the Company, Erickson Group agreed to bear the financial responsibility for the payment of the first $1.5 million of the cleanup costs. Erickson Group and the Company shall each bear one-half of the financial responsibility for the payment of the next $1.0 million of cleanup costs, and any aggregate costs in excess of $2.5 million will be the sole responsibility of Erickson Group. Erickson Group is responsible for directing and controlling the remediation efforts. Since 2000, the Company has paid $0.4 million to Erickson Group for a portion of its exposure on the $0.5 million layer of financial responsibility and has recorded a liability for the remaining $0.1 million exposure on its remaining share. Environmental consultants indicate that the Central Point site may require monitoring for another 20 years; therefore, the Company believes the full amount of its financial share will ultimately be paid. Legal Proceedings Arizona Environmental Matter In August 2012, Erickson Helicopters, Inc. f/k/a Evergreen Helicopters, Inc. (Erickson’s wholly-owned subsidiary, ‘‘EHI’’) received a request for information from the State of Arizona regarding the Broadway-Pantano Site in Tucson, Arizona, which is comprised of two landfills at which the State has been conducting soil and groundwater investigations and cleanups. In addition, EHI has been served with various petitions to perpetuate testimony regarding the State’s investigation into contamination at the Site. According to these documents, the State has identified approximately 101 parties that are potentially responsible for the contamination. Based on the information request and the petition to perpetuate testimony, it is possible that the State or other liable parties may assert that EHI is liable for the alleged contamination at the Site. There were no material developments with respect to this matter in 2014 or during the six months period ended June 30, 2015 . At this time, the Company is not able to determine the likelihood of any outcome in this matter, nor is it able to estimate the amount or range of loss or the impact on its financial condition in the event of an unfavorable outcome. World Fuel Claim In December 2013, World Fuel, a former fuel supplier of Evergreen International Aviation (‘‘EIA’’) and Evergreen Airlines (‘‘EA’’), filed suit against EIA, EA and other named parties claiming approximately $9 million of accounts payable due and owing to World Fuel for fuel purchases made by EIA and EA. EHI was a named party in the lawsuit since it was alleged that EHI signed a joint and several guaranty of payment in favor of World Fuel in 2012. In April 2014, the Company filed its Amended Answer which included certain counterclaims against World Fuel and certain cross claims against Mr. Delford Smith. Discovery in this matter is ongoing. Trial is currently scheduled for September 2015. At this time, the Company is not able to determine the likelihood of any outcome in this matter, nor is it able to estimate the amount or range of loss or the impact on its financial condition in the event of an unfavorable outcome. Stockholder Action In August 2013, a putative stockholder of the Company filed a class and derivative action in the Court of Chancery for the State of Delaware against the Company, the members of its board of directors, EAC Acquisition Corp., and the ZM Funds and certain of their affiliates. The plaintiff asserted claims for breach of fiduciary duty and unjust enrichment in connection with the EHI acquisition and requested an award of unspecified monetary damages to the stockholders and to the Company, disgorgement and restitution, certain other equitable relief, and an award of plaintiff’s costs and disbursements, including legal fees. On October 3, 2013, the defendants moved to dismiss the plaintiff’s complaint on the ground that all of the plaintiff’s claims in reality were derivative in nature and that the plaintiff had failed to allege facts sufficient to excuse pre-suit demand. On December 4, 2013, rather than oppose the motion to dismiss, the plaintiff chose to file an amended complaint. On January 24, 2014, the defendants again moved to dismiss the plaintiff’s amended complaint on the same grounds. On April 15, 2014, the Court denied the defendants’ motion, holding that one aspect of the plaintiff’s claim was direct and that, in any event, the plaintiff had pled facts sufficient to excuse pre-suit demand. Discovery in this matter is ongoing. Although the Company is unable to predict the final outcome of the proceeding, the Company believes the allegations lack merit, intends to vigorously defend against them, and believes that the final results will not have a material effect on its consolidated financial position, results of operations, or cash flows. In addition to the foregoing litigation, the Company is subject to ongoing litigation and claims as part of its normal business operations. The Company makes a provision for a liability when it is both probable that a liability has been incurred and the amount of loss can be reasonably estimated. The Company recognizes expenses for legal costs in connection with defending a loss contingency as those costs are incurred. In the Company’s opinion, none of these claims will have a material adverse effect on it.

Related Party Transactions (Not

Related Party Transactions (Notes)	6 Months Ended
	Jun. 30, 2015
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions In addition to the stated items and transaction below, the Company reimbursed various entities affiliated with the ZM Funds and Quinn Morgan for expenses and other costs totaling zero during the three months ended June 30, 2015 and 2014 . For the six months ended June 30, 2015 and 2014 , the Company reimbursed ZM Funds and Mr. Morgan for expenses and other costs totaling zero and $0.2 million , respectively. During the first quarter of 2014, the Company received $0.4 million , net from short-swing profit disgorgement remitted by the ZM Funds. This activity was classified on the consolidated balance sheet as of December 31, 2014 as an increase to additional paid-in capital and as a component of financing activity within the consolidated statement of cash flows for the six months ended June 30, 2014 . During the six months period ending June 30, 2015 and 2014 , the Company incurred $0.1 million and $0.2 million , respectively, in legal costs associated with stockholder lawsuit filed against the Company, the members of its board of directors, EAC Acquisition Corp., and the ZM Funds and certain of their affiliates. See Note 16 "Commitments and Contingencies" for further discussion. Registration Rights The Company is party to an amended and restated registration rights agreement among the Company and the ZM Funds, which are beneficial owners of more than 5% of the Company’s common stock. Pursuant to the registration rights agreement, ZM EAC LLC has the right to require that the Company register its shares under the Securities Act for sale to the public. If ZM EAC LLC exercises its demand registration right, ZM Private Equity Fund I, L.P. and ZM Private Equity Fund II, L.P. will have the opportunity to include their shares in the registration. The Company must pay all expenses, except for underwriters’ discounts and commissions, incurred in connection with the exercise of these demand registration rights. In addition, the ZM Funds have piggyback registration rights, which mean that they have the right to include their shares in any registration that the Company effects under the Securities Act, other than a registration affected pursuant to an exercise of demand registration rights, subject to specified exceptions. The Company must pay all expenses, except for underwriters’ discounts and commissions, incurred in connection with these piggyback registration rights. The Company is unable to estimate the dollar value of registration rights to the holders of these rights. The amount of reimbursable expenses under the registration rights agreement depends on a number of variables, including whether registration rights are exercised incident to a primary offering by the Company, the form on which the Company is eligible to register such a transaction, and whether the Company has a shelf registration in place at the time of any future offering.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities (Notes)	6 Months Ended
	Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities The Company enters into foreign currency forward contracts when considered necessary. The purpose of these transactions is to reduce the impact of future currency fluctuations related to anticipated cash receipts from expected future revenue that is denominated in a currency other than U.S. dollars. The change in the valuation of the foreign currency forwards portfolio is recorded within unrecognized or recognized gain (loss) in the accompanying consolidated statements of comprehensive income (loss). Outstanding balances of foreign currency forward contracts in asset positions are included in prepaid expenses and other assets if maturing within one year, or other non-current assets if maturing beyond one year within the consolidated balance sheet. Outstanding balances of foreign currency forward contracts in liability positions are included in accrued and other current liabilities if maturing within one year, or other long-term liabilities if maturing beyond one year within the consolidated balance sheet. The Company was not party to any foreign currency forward contracts as of June 30, 2015 or December 31, 2014 .

Variable Interest Entity (Notes

Variable Interest Entity (Notes)	6 Months Ended
	Jun. 30, 2015
Variable Interest Entity [Abstract]
Variable Interest Entity	Variable Interest Entities An entity is generally considered a variable interest entity (a “VIE”) that is subject to consolidation under ASC Topic 810 “Consolidation”, if the total equity investment at risk is not sufficient for the entity to finance its activities without additional subordinated financial support; or as a group, the holders of the equity investment at risk lack any one of the following characteristics: (a) the power, through voting rights or similar rights, to direct the activities that most significantly impact the entity’s economic performance; (b) the obligation to absorb expected losses of the entity; or (c) the right to receive the expected residual returns of the entity. European Air-Crane, S.p.A. (“EuAC”) is 49% owned by Erickson Incorporated (“EAC”); 49% owned by Grupo Inaer (“Inaer” formerly Elilario Italia S.p.A.); and 2% owned by Fiduciaria Centro Nord (“FCN”). EAC provided FCN with the financial means to purchase and transfer the shares of EuAC, in exchange for the patrimonial and administrative rights derived from the shares. These rights include the right to decide whether and how to vote in shareholders’ meetings and the right to decide whether, when and to whom the shares should be transferred and endorsed. The Company believes that EuAC is a VIE and that the Company is the primary beneficiary of the VIE due to its ability to make decisions about the entity’s activities, the exposure to the expected losses of the entity if they occur, and the right to receive the expected residual returns of the entity if they occur. As such, the consolidated financial statements include the balances of EuAC. At June 30, 2015 , EuAC consolidated assets and liabilities were $2.5 million and $0.8 million , respectively. At December 31, 2014 , EuAC consolidated VIE assets and liabilities were $4.1 million and $1.9 million , respectively. As of June 30, 2015 and December 31, 2014 , $0.5 million and $0.7 million , respectively, of net income related to noncontrolling interest is reflected in stockholders’ equity in the accompanying consolidated balance sheets. In the third quarter of 2014 through its Brazilian subsidiary Air Amazonia, the Company had entered into a purchase agreement to acquire a 60% interest in Costa Do Sol Taxi Aero Corporation ("Costa Do Sol") and obtained control of the entity effective December 1, 2014. The Company believes that Costa Do Sol is a VIE and that the Company is the primary beneficiary of the VIE due to its ability to make decisions about the entity’s activities, the exposure to the expected losses of the entity if they occur, and the right to receive the expected residual returns of the entity if they occur. As such, the consolidated financial statements include the balances of Costa Do Sol. At June 30, 2015 , Costa Do Sol consolidated assets and liabilities were $0.8 million and $1.1 million , respectively. As of December 31, 2014 , Costa Do Sol consolidated assets and liabilities were $0.1 million and $0.1 million , respectively. As of June 30, 2015 and December 31, 2014 , $0.1 million and zero , respectively, of net loss related to noncontrolling interest is reflected in stockholders’ equity in the accompanying consolidated balance sheets.

Seasonality (Notes)

Seasonality (Notes)	6 Months Ended
	Jun. 30, 2015
Seasonality [Abstract]
Seasonality	Seasonality The Company’s flight hours and related revenues are substantially reduced in winter or monsoon seasons. The global deployment of the Company’s aircraft and crews helps to limit the effect of seasonality, but the Company’s operations tend to peak in June through October and to be at a low point in January through April.

Earnings (Loss) Per Share (Note

Earnings (Loss) Per Share (Notes)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings (Loss) Per Share	Earnings (Loss) Per Share The Company calculates basic earnings (loss) per share by dividing net income (loss) by the weighted average number of shares of common stock outstanding. Shares issuable upon the satisfaction of certain conditions are considered outstanding and included in the computation of basic earnings (loss) per share. The following table shows the computation of earnings (loss) per share (net earnings (loss) in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Net loss attributable to common shareholders $ (10,121 ) $ (17,109 ) $ (85,091 ) $ (24,703 ) Basic weighted average shares outstanding 13,831,127 13,799,501 13,827,493 13,794,491 Dilutive effect of stock-based awards — — — — Dilutive weighted average shares outstanding 13,831,127 13,799,501 13,827,493 13,794,491 Basic loss per share $ (0.73 ) $ (1.24 ) $ (6.15 ) $ (1.79 ) Diluted loss per share $ (0.73 ) $ (1.24 ) $ (6.15 ) $ (1.79 ) Antidilutive common stock equivalents excluded from diluted loss per share 5,728 3,863 9,601 8,222

Stock-based Compensation (Notes

Stock-based Compensation (Notes)	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based Compensation	Stock-based Compensation In 2012, the Company adopted a Long Term Incentive Plan and reserved for issuance 417,649 shares of its common stock. The goal of the plan is to align the interests of the Company’s eligible participants with the interests of its stockholders by providing long-term incentive compensation opportunities tied to the performance of the Company and its common stock. Because vesting is based on continued employment, these equity based incentives are also intended to attract, retain, and motivate key personnel upon whose judgment, initiative, and effort the successful conduct of the Company’s business is largely dependent. There were 26,698 shares available for grant under the Long Term Incentive Plan as of June 30, 2015 . The fair value of restricted stock units is determined based on the quoted closing price of the Company’s common stock on the date of grant. The following table summarizes the Company’s restricted stock unit awards activity during the six months ended June 30, 2015 : Restricted Stock Award Units Weighted-Average Grant Date Fair Value Outstanding unvested at December 31, 2014 55,603 $ 13.59 Granted — — Vested restricted stock units (16,213 ) 7.51 Forfeited (18,890 ) 14.15 Outstanding unvested at June 30, 2015 20,500 $ 17.88 During the three months ended June 30, 2015 and June 30, 2014 , the Company granted zero restricted stock units. During the six months ended June 30, 2015 and June 30, 2014 , the Company granted zero and 15,500 restricted stock units, respectively. The Company recognized stock-based compensation expense during the three and six months ended June 30, 2015 and 2014 as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Stock-based compensation expense: Cost of revenues $ 3 $ 14 $ 15 $ 30 Operating expenses (1) (51 ) 222 82 366 Total $ (48 ) $ 236 $ 97 $ 396 (1) Negative stock based compensation expense during the period was a result of forfeitures. Unrecognized stock-based compensation expense related to outstanding unvested restricted stock unit awards as of June 30, 2015 is expected to be recognized over a weighted average period of 0.3 years, as follows (in thousands): Unamortized Compensation Expense 2015 $ 141 2016 51 Thereafter — Total $ 192 On July 2, 2015, the stockholders approved and adopted the CEO Plan and Stock Option Agreement ("the Plan"). The Plan provides for the option to purchase 165,000 shares of common stock.

Basis of Presentation (Policies

Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Use of Estimates	The accompanying unaudited consolidated financial statements include the accounts and transactions of all majority owned subsidiaries and variable interest entities in which the Company is the primary beneficiary. In presenting these unaudited consolidated financial statements, management makes estimates and assumptions that affect reported amounts of assets and liabilities and related disclosures, disclosure of contingent assets and liabilities at the date of the financial statements, and reported amounts of revenues and expenses during the reporting periods. Estimates, by their nature, are based on judgments and available information at a point in time. As such, actual results could differ from those estimates. In management’s opinion, the unaudited consolidated financial statements contain all normal recurring adjustments necessary for a fair presentation of interim results reported.
Consolidation	All intercompany accounts and transactions have been eliminated in consolidation.
Basis of Accounting	The results of operations reported for interim periods are not necessarily indicative of the results of operations for the entire year or any subsequent interim period. The accompanying unaudited consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q and following the guidance of Rule 10-01 of Regulation S-X for interim financial statements required to be filed with the U.S. Securities and Exchange Commission (the “SEC”). As permitted under such rules, certain notes and other financial information normally required by accounting principles generally accepted in the United States of America (“U.S. GAAP”) have been condensed or omitted; however, the unaudited consolidated financial statements do include such notes and financial information sufficient so as to make the interim information presented not misleading. These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and related notes as of December 31, 2014 included in the Company’s annual report on Form 10-K filed with the SEC on March 10, 2015. The balance sheet at December 31, 2014 has been derived from the audited financial statements at that date, but does not include all of the information and footnotes required by U.S. GAAP for complete financial statements.
Reclassifications	Reclassifications Certain prior period amounts have been reclassified to conform to the current period presentation. Reclassification has been made to prior period amounts of external commissions from sales and marketing operating expenses to cost of revenues on the consolidated statements of comprehensive loss. Such reclassification had no effect on previously reported consolidated statements of stockholders’ equity or the consolidated balance sheet.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2014, the FASB issued ASU 2014-9, “Revenue from Contracts with Customers (Topic 606),” which supersedes the revenue recognition requirements in ASC 605, “Revenue Recognition.” This ASU requires revenue to be recognized to reflect the consideration an entity expects to be entitled to in exchange for the transfer of goods or services to customers in the appropriate period. This ASU also requires disclosures enabling users of financial statements to understand the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. Additionally, qualitative and quantitative disclosures about customer contracts, significant judgments and changes in judgments, and assets recognized from the costs to obtain or fulfill a contract are required. On July 9, 2015, the FASB agreed to delay the effective date by one year. In accordance with the agreed upon delay, the FASB will allow early adoption in 2017, however, the Company will not be required to implement this guidance until the first quarter of fiscal year 2018, using one of the two prescribed retrospective methods. The Company has not yet determined the effect of the adoption on the consolidated financial statements. In April 2015, the FASB issued ASU 2015-03, "Simplifying the Presentation of Debt Issuance Costs." This standard amends existing guidance to require the presentation of debt issuance costs in the balance sheet as a deduction from the carrying amount of the related debt liability instead of a deferred charge. It is effective for annual reporting periods beginning after December 15, 2015, but early adoption is permitted. The Company is currently evaluating the impact the adoption of this standard will have on the consolidated financial statements.
Receivables	The Company performs ongoing credit evaluations of its customers and believes it has made adequate provisions for potential credit losses. The Company does not generally require collateral on accounts receivable; however, under certain circumstances, the Company may require from its customers a letter of credit, a parent corporation guarantee, or full or partial prepayment prior to performing services. The Company estimates its allowance for doubtful accounts using a specific identification method based on an evaluation of payment history, the customer’s credit situation, and other factors.
Goodwill	The goodwill impairment test involves a two-step process pursuant to ASC 350-20 "Intangibles - Goodwill and Other". The first step compares the fair value of the reporting unit to its carrying value. If the fair value of the reporting unit exceeds its carrying value, goodwill is not impaired and no further testing is required. If the fair value of the reporting unit is less than the carrying value, the second step of the impairment test is to measure the amount of impairment loss. In the second step, the reporting unit’s fair value is allocated to all of the assets and liabilities of the reporting unit, including any unrecognized intangible assets, in a hypothetical analysis that calculates the implied fair value of goodwill in the same manner as if the reporting unit was being acquired in a business combination. If the implied fair value of the reporting unit’s goodwill is less than the carrying value, the difference is recorded as an impairment loss.
Consolidation of VIE	An entity is generally considered a variable interest entity (a “VIE”) that is subject to consolidation under ASC Topic 810 “Consolidation”, if the total equity investment at risk is not sufficient for the entity to finance its activities without additional subordinated financial support; or as a group, the holders of the equity investment at risk lack any one of the following characteristics: (a) the power, through voting rights or similar rights, to direct the activities that most significantly impact the entity’s economic performance; (b) the obligation to absorb expected losses of the entity; or (c) the right to receive the expected residual returns of the entity.
Earnings Per Share	The Company calculates basic earnings (loss) per share by dividing net income (loss) by the weighted average number of shares of common stock outstanding. Shares issuable upon the satisfaction of certain conditions are considered outstanding and included in the computation of basic earnings (loss) per share.

Accounts Receivable and Allow30

Accounts Receivable and Allowance for Doubtful Accounts (Tables)	6 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Schedule of Accounts Receivable	Accounts receivable consisted of the following (in thousands): June 30, 2015 December 31, 2014 Trade accounts receivable $ 45,300 $ 42,296 Other receivables 3,345 2,793 Less: allowance for doubtful accounts (191 ) (739 ) $ 48,454 $ 44,350
Summary of Customers that Accounted for at Least 10% of Total Current and Non-Current Trade Receivables	The following is a summary of customers that accounted for at least 10% of the total current and non-current trade receivables as of June 30, 2015 or December 31, 2014 : Segment June 30, 2015 December 31, 2014 Fluor Government Aviation Services 18.0 % 14.4 % Alion Science and Technology Corporation Government Aviation Services 11.0 % 11.8 % Hellenic Fire Brigade (1) Commercial Aviation Services 9.3 % 10.8 % 38.3 % 37.0 % (1) On May 23, 2012, the Company entered into a three year agreement with the NATO Support Agency (“NSPA”), formerly known as the NATO Maintenance and Supply Agency, pursuant to which the Company agreed to supply aerial firefighting services in Greece for the 2012 to 2014 firefighting seasons. Prior to the agreement with NSPA, the Company contracted directly with the Hellenic Fire Brigade to provide firefighting services in Greece. At June 30, 2015 and December 31, 2014 , the receivable from Hellenic Fire Brigade was classified in other non-current assets due to the long-term nature of obtaining resolution regarding the Company’s permanent establishment status in Greece.
Summary of Customers that Accounted for at Least 10% of Company's Net Revenues	The following is a summary of customers that accounted for at least 10% of the Company’s net revenues in the three and six months ended June 30, 2015 or June 30, 2014 : Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Fluor 20.7 % 18.6 % 20.6 % 19.4 % Alion Science and Technology Corporation 10.1 % — % 10.2 % — % 30.8 % 18.6 % 30.8 % 19.4 %

Inventory (Tables)

Inventory (Tables)	6 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Schedule of Inventory	Inventory consists of the following (in thousands): June 30, 2015 December 31, 2014 Finished goods $ 8,667 $ —

Aircraft Support Parts, net (Ta

Aircraft Support Parts, net (Tables)	6 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Schedule of Aircraft Support Parts, Net	Aircraft support parts consisted of the following (in thousands): June 30, 2015 December 31, 2014 Aircraft parts $ 129,087 $ 124,629 Work-in-process 13,240 18,604 Less: Excess and obsolete reserve (5,600 ) (5,640 ) $ 136,727 $ 137,593

Assets Held for Sale (Tables)

Assets Held for Sale (Tables)	6 Months Ended
	Jun. 30, 2015
Classification of Assets Held for Sale [Abstract]
Disclosure of Long Lived Assets Held-for-sale	The changes in assets held for sale during the six months ended June 30, 2015 , are as follows (dollars in thousands): Assets Held for Sale # of Aircraft Aircraft held for sale Book value, January 1, 2015 — $ — Classified as held for sale, net of impairment 9 5,779 Fluctuations due to foreign currency translation adjustments — 65 Aircraft held for sale, June 30, 2015 9 5,844 Deferred overhauls associated with aircraft held for sale, June 30, 2015 2,592 Total assets held for sale, June 30, 2015 $ 8,436

Aircraft and Property, Plant 34

Aircraft and Property, Plant and Equipment (Tables)	6 Months Ended
	Jun. 30, 2015
Property, Plant and Equipment [Abstract]
Schedule of Aircraft	Aircraft, net consisted of the following (in thousands): June 30, 2015 December 31, 2014 Aircraft $ 150,251 $ 162,246 Less: Accumulated depreciation (37,640 ) (34,025 ) $ 112,611 $ 128,221
Schedule of Property, Plant and Equipment Net	Property, plant, and equipment, net consisted of the following (in thousands): June 30, 2015 December 31, 2014 Land and land improvements $ 308 $ 308 Buildings 9,265 7,926 Vehicles and equipment 30,827 29,500 Deferred overhauls, net 81,355 86,768 Construction-in-progress 16,797 15,926 138,552 140,428 Less: Accumulated depreciation and amortization (21,748 ) (19,793 ) $ 116,804 $ 120,635

Goodwill (Tables)

Goodwill (Tables)	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Changes in Carrying Amount of Goodwill	The changes in the carrying amount of goodwill for the six months ended June 30, 2015 are as follows (in thousands): Government Aviation Services Commercial Aviation Services Manufacturing & MRO Total Balance at January 1, 2015 Goodwill, gross $ 207,128 $ 23,843 $ 5,542 $ 236,513 Accumulated impairment losses (21,272 ) — — (21,272 ) Goodwill, net 185,856 23,843 5,542 215,241 Activity during 2015 Impairment losses (49,823 ) — — (49,823 ) Fluctuations due to foreign currency translation adjustments — (662 ) — (662 ) Balance at June 30, 2015 Goodwill, gross 207,128 23,181 5,542 235,851 Accumulated impairment losses (71,095 ) — — (71,095 ) Goodwill, net $ 136,033 $ 23,181 $ 5,542 $ 164,756

Other Intangible Assets, net (T

Other Intangible Assets, net (Tables)	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Other Intangible Assets	Other intangible assets, net consisted of the following (in thousands): Reportable Segment Useful Life (in years) June 30, December 31, Customer Relationships Government Aviation Services 9 $ 19,300 $ 19,300 Customer Relationships Commercial Aviation Services 2 (1) 2,500 2,500 Type Certificate (2) Manufacturing & MRO Indefinite 2,205 2,205 24,005 24,005 Less: accumulated amortization (5,256 ) (3,952 ) $ 18,749 $ 20,053 (1) During the first quarter of 2015 the Company reevaluated the customer relationship intangible related to the acquisition of Air Amazonia and reduced the useful life from 9 years to 2 years. (2) The Type Certificate included in intangible assets is the Type Certificate for engines used in the Aircrane, purchased individually during 2013.
Summary of Estimated Amortization Expense for Intangible Assets	Estimated amortization expense for intangible assets for future periods, including remaining amounts to be recorded in 2015 as of June 30, 2015 , is as follows (in thousands): Intangible Asset Amortization 2015 $ 1,639 2016 3,279 2017 2,333 2018 2,144 2019 2,144 Thereafter 5,005 Total $ 16,544

Accrued and Other Current Lia37

Accrued and Other Current Liabilities (Tables)	6 Months Ended
	Jun. 30, 2015
Payables and Accruals [Abstract]
Schedule of Accrued and Other Current Liabilities	Accrued and other current liabilities consisted of the following (in thousands): June 30, 2015 December 31, 2014 Interest $ 5,653 $ 5,542 Payroll and related taxes 5,589 6,069 Promissory note, net of discount (1) 4,642 — Deferred revenue 1,899 795 Deferred gain on sale-leaseback 1,760 1,760 Accrued commissions 191 1,301 Other 2,545 3,567 $ 22,279 $ 19,034 (1) In the first quarter of 2015, the Company entered into a $10.0 million promissory note with Bell Helicopter Textron Inc. (Bell) in exchange for inventory delivered to the Company. The promissory note has no stated interest rate and matures on March 1, 2017 . The Company has agreed to pay, beginning on March 1, 2015, semi-annual principal payments, in cash, until the date of maturity. For the purposes of recording the initial liability, the fair value of the promissory note was estimated at $9.4 million , assuming a market level borrowing rate of 6.5% per annum. Interest expense is recorded as the discount is amortized over the term of the note. As of June 30, 2015 , the carrying value of the promissory note was $8.5 million , made up of the face value of the remaining principal of $9.0 million , net of the unamortized discount of $0.5 million . The non-current portion of the note of $3.9 million is included in other long-term liabilities in the consolidated balance sheet as of June 30, 2015 .

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Schedule of Total Debt Outstanding	Outstanding debt consisted of the following (in thousands): June 30, 2015 December 31, 2014 Current Long-term Current Long-term 2020 Senior Notes $ — $ 355,000 $ — $ 355,000 Revolving Credit Facility — 113,710 — 89,339 2020 subordinated notes, net of discount 3,667 11,045 4,000 12,486 Capital lease obligations 888 2,763 — — Fixtures financing 147 178 144 265 Total $ 4,702 $ 482,696 $ 4,144 $ 457,090

Other Long-Term Liabilities (Ta

Other Long-Term Liabilities (Tables)	6 Months Ended
	Jun. 30, 2015
Other Long-Term Liabilities Disclosure [Abstract]
Schedule of Other Liabilities	Other long-term liabilities consisted of the following (in thousands): June 30, 2015 December 31, 2014 Deferred gain on sale-leaseback (see Note 7) $ 8,798 $ 9,678 Promissory note, net of discount (see Note 10) 3,895 — Other 4,183 3,503 $ 16,876 $ 13,181

Consolidating Financial Infor40

Consolidating Financial Information (Tables)	6 Months Ended
	Jun. 30, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Schedule of Condensed Consolidating Balance Sheet	Condensed Consolidating Balance Sheet Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 16 $ 41 $ 1,709 $ — $ 1,766 Restricted cash 136 — 223 — 359 Accounts receivable, net 16,100 23,661 8,653 40 48,454 Inventory 8,667 — — — 8,667 Prepaid expenses and other current assets 6,243 1,142 1,048 — 8,433 Income tax receivable 150 170 289 — 609 Deferred tax assets 1,240 — (104 ) 204 1,340 Total current assets 32,552 25,014 11,818 244 69,628 Aircraft support parts, net 105,672 29,971 1,129 (45 ) 136,727 Assets held for sale 3,800 2,550 2,086 — 8,436 Aircraft, net 81,953 30,658 — — 112,611 Property, plant and equipment, net 73,710 41,664 1,430 — 116,804 Goodwill — 160,532 4,986 (762 ) 164,756 Other intangible assets, net 2,205 14,654 1,890 — 18,749 Other non-current assets 321,715 4,566 664 (305,094 ) 21,851 Total assets $ 621,607 $ 309,609 $ 24,003 $ (305,657 ) $ 649,562 Liabilities and stockholders’ equity (deficit) Current liabilities: Accounts payable 7,055 11,178 1,254 — $ 19,487 Current portion of long-term debt 3,843 859 — — 4,702 Accrued and other current liabilities (31,393 ) 26,789 26,883 — 22,279 Income tax payable (340 ) — 368 — 28 Deferred tax liabilities 246 — — (246 ) — Total current liabilities (20,589 ) 38,826 28,505 (246 ) 46,496 Long-term debt, less current portion 11,319 2,667 — — 13,986 Long-term revolving credit facilities 113,710 — — — 113,710 Long-term notes payable 355,000 — — — 355,000 Other long-term liabilities 16,229 584 63 — 16,876 Uncertain tax positions 6,668 — — — 6,668 Deferred tax liabilities 3,874 — (1,165 ) 450 3,159 Total liabilities 486,211 42,077 27,403 204 555,895 Stockholders’ equity (deficit): Common stock 1 — 1,675 (1,675 ) 1 Additional paid-in capital 181,083 297,994 33 (298,027 ) 181,083 Retained earnings (accumulated deficit) (42,465 ) (30,462 ) (5,176 ) (5,176 ) (83,279 ) Accumulated other comprehensive loss (3,223 ) — (566 ) (755 ) (4,544 ) Total stockholders’ equity (deficit) attributable to Erickson Incorporated 135,396 267,532 (4,034 ) (305,633 ) 93,261 Noncontrolling interest — — 634 (228 ) 406 Total stockholders’ equity (deficit) 135,396 267,532 (3,400 ) (305,861 ) 93,667 Total liabilities and stockholders’ equity $ 621,607 $ 309,609 $ 24,003 $ (305,657 ) $ 649,562 Condensed Consolidating Balance Sheet Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 7 $ 274 $ 4,816 $ — $ 5,097 Restricted cash 136 — 431 — 567 Accounts receivable, net 13,117 26,199 4,990 44 44,350 Prepaid expenses and other current assets 6,506 1,171 1,103 — 8,780 Income tax receivable 320 — 335 22 677 Deferred tax assets 1,440 — (210 ) — 1,230 Total current assets 21,526 27,644 11,465 66 60,701 Aircraft support parts, net 106,721 30,482 435 (45 ) 137,593 Aircraft, net 82,799 42,405 3,017 — 128,221 Property, plant and equipment, net 70,732 47,762 2,141 — 120,635 Other intangible assets, net 2,205 15,726 2,122 — 20,053 Goodwill — 210,356 5,647 (762 ) 215,241 Other non-current assets 323,332 4,337 501 (305,093 ) 23,077 Total assets $ 607,315 $ 378,712 $ 25,328 $ (305,834 ) $ 705,521 Liabilities and stockholders’ equity (deficit) Current liabilities: Accounts Payable 6,021 11,465 2,358 — $ 19,844 Current portion of long-term debt 4,144 — — — 4,144 Accrued and other current liabilities (54,577 ) 49,166 24,998 (553 ) 19,034 Income tax payable (397 ) — 137 575 315 Deferred tax liabilities 884 — — — 884 Total current liabilities (43,925 ) 60,631 27,493 22 44,221 Long-term debt, less current portion 12,751 — — — 12,751 Long-term revolving credit facilities 89,339 — — — 89,339 Long-term notes payable 355,000 — — — 355,000 Other long-term liabilities 12,410 708 63 — 13,181 Uncertain tax positions 6,313 — — — 6,313 Deferred tax liabilities 5,061 — (1,358 ) — 3,703 Total liabilities 436,949 61,339 26,198 22 524,508 Stockholders’ equity (deficit): Common stock 1 — 1,675 (1,675 ) 1 Additional paid-in capital 181,018 297,994 33 (298,027 ) 181,018 Retained earnings (accumulated deficit) (8,993 ) 19,379 (3,171 ) (5,403 ) 1,812 Accumulated other comprehensive loss (1,660 ) — (41 ) (843 ) (2,544 ) Total stockholders’ equity (deficit) attributable to Erickson Incorporated 170,366 317,373 (1,504 ) (305,948 ) 180,287 Noncontrolling interest — — 634 92 726 Total stockholders’ equity (deficit) 170,366 317,373 (870 ) (305,856 ) 181,013 Total liabilities and stockholders’ equity $ 607,315 $ 378,712 $ 25,328 $ (305,834 ) $ 705,521
Schedule of Condensed Consolidating Statement of Operations	Condensed Consolidating Statement of Operations Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Net revenues: $ 29,495 $ 34,433 $ 13,285 $ (7,894 ) $ 69,319 Cost of revenues 23,264 34,173 11,999 (7,849 ) 61,587 Gross profit 6,231 260 1,286 (45 ) 7,732 Operating expenses: General and administrative 4,742 151 768 — 5,661 Research and development 583 — — — 583 Selling and marketing 1,338 4 33 (45 ) 1,330 Total operating expenses 6,663 155 801 (45 ) 7,574 Operating income (loss) (432 ) 105 485 — 158 Other income (expense): Interest expense, net (9,172 ) (109 ) (94 ) — (9,375 ) Other income (expense), net (367 ) 143 (109 ) 2 (331 ) Total other income (expense) (9,539 ) 34 (203 ) 2 (9,706 ) Net income (loss) before income taxes and noncontrolling interest (9,971 ) 139 282 2 (9,548 ) Income tax expense 342 — 349 — 691 Net income (loss) (10,313 ) 139 (67 ) 2 (10,239 ) Less: Net loss related to noncontrolling interest — — — 118 118 Net income (loss) attributable to Erickson Incorporated and common stockholders $ (10,313 ) $ 139 $ (67 ) $ 120 $ (10,121 ) Condensed Consolidating Statement of Operations Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Net revenues: $ 26,817 $ 44,706 $ 13,853 $ (4,491 ) $ 80,885 Cost of revenues 23,371 37,232 11,389 (4,491 ) 67,501 Gross profit 3,446 7,474 2,464 — 13,384 Operating expenses: General and administrative 5,848 185 961 — 6,994 Research and development 738 — — — 738 Selling and marketing 1,617 163 30 — 1,810 Impairment of goodwill — 21,272 — — 21,272 Total operating expenses 8,203 21,620 991 — 30,814 Operating income (loss) (4,757 ) (14,146 ) 1,473 — (17,430 ) Other income (expense): Interest income (expense), net (8,957 ) — (154 ) — (9,111 ) Other income (expense), net (712 ) (4 ) (63 ) (64 ) (843 ) Total other income (expense) (9,669 ) (4 ) (217 ) (64 ) (9,954 ) Net income (loss) before income taxes and noncontrolling interest (14,426 ) (14,150 ) 1,256 (64 ) (27,384 ) Income tax expense (benefit) (12,109 ) — 1,887 — (10,222 ) Net income (loss) (2,317 ) (14,150 ) (631 ) (64 ) (17,162 ) Less: Net loss related to noncontrolling interest — — — 53 53 Net income (loss) attributable to Erickson Incorporated and common stockholders $ (2,317 ) $ (14,150 ) $ (631 ) $ (11 ) $ (17,109 ) Condensed Consolidating Statement of Operations Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Net revenues: $ 53,823 $ 71,977 $ 26,177 $ (16,496 ) $ 135,481 Cost of revenues 48,461 68,815 25,516 (16,417 ) 126,375 Gross profit 5,362 3,162 661 (79 ) 9,106 Operating expenses: General and administrative 10,779 352 1,468 — 12,599 Research and development 1,461 — — — 1,461 Selling and marketing 3,045 54 65 (79 ) 3,085 Impairment of goodwill — 49,823 — — 49,823 Other asset impairment 3,441 2,749 953 — 7,143 Total operating expenses 18,726 52,978 2,486 (79 ) 74,111 Operating loss (13,364 ) (49,816 ) (1,825 ) — (65,005 ) Other income (expense): Interest expense, net (18,201 ) (186 ) (200 ) — (18,587 ) Other income (expense), net (2,110 ) 162 296 (4 ) (1,656 ) Total other income (expense) (20,311 ) (24 ) 96 (4 ) (20,243 ) Net loss before income taxes and noncontrolling interest (33,675 ) (49,840 ) (1,729 ) (4 ) (85,248 ) Income tax expense (benefit) (199 ) — 273 — 74 Net loss (33,476 ) (49,840 ) (2,002 ) (4 ) (85,322 ) Less: Net loss related to noncontrolling interest — — — 231 231 Net income (loss) attributable to Erickson Incorporated and common stockholders $ (33,476 ) $ (49,840 ) $ (2,002 ) $ 227 $ (85,091 )
Schedule of Condensed Consolidating Statement of Cash Flows	Condensed Consolidating Statement of Cash Flows Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Cash flows from operating activities: Net income (loss) $ (10,313 ) $ 139 $ (67 ) $ 2 $ (10,239 ) Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation and amortization 5,626 4,071 201 — 9,898 Deferred income taxes (209 ) — (60 ) — (269 ) Non-cash interest expense on debt 229 — — — 229 Stock-based compensation (48 ) — — — (48 ) Amortization of debt issuance costs 630 — — — 630 Gain on sale of equipment (69 ) (3 ) (4 ) — (76 ) Changes in operating assets and liabilities: Accounts receivable 420 1,966 1,203 (2 ) 3,587 Inventory 487 — — — 487 Prepaid expenses and other current assets (259 ) (318 ) 943 — 366 Income tax receivable 170 (170 ) (195 ) — (195 ) Aircraft support parts, net 1,823 515 (774 ) — 1,564 Other non-current assets (202 ) 496 — — 294 Accounts payable 2,024 1,466 (1,260 ) — 2,230 Accrued and other current liabilities (4,720 ) (6,588 ) (1,625 ) — (12,933 ) Income tax payable (14 ) 2 356 — 344 Other long-term liabilities 345 (63 ) — — 282 Net cash provided by (used in) operating activities (4,080 ) 1,513 (1,282 ) — (3,849 ) Cash flows from investing activities: Restricted cash — — 175 — 175 Purchases of aircraft and property, plant and equipment (5,035 ) (1,317 ) 187 — (6,165 ) Net cash provided by (used in) investing activities (5,035 ) (1,317 ) 362 — (5,990 ) Cash flows from financing activities: Shares withheld for payment of taxes (32 ) — — — (32 ) Repayments of subordinated notes (1,000 ) — — — (1,000 ) Repayments of credit facilities (38,971 ) — — — (38,971 ) Borrowings from credit facilities 48,756 — — — 48,756 Other long-term borrowings (36 ) — — — (36 ) Payments under capital leases (1 ) (199 ) — — (200 ) Debt issuance costs (67 ) — — — (67 ) Net cash provided by (used) in financing activities 8,649 (199 ) — — 8,450 Effect of foreign currency exchange rates on cash and cash equivalents 392 — (111 ) — 281 Net decrease in cash and cash equivalents (74 ) (3 ) (1,031 ) — (1,108 ) Cash and cash equivalents at beginning of period 90 44 2,740 — 2,874 Cash and cash equivalents at end of period $ 16 $ 41 $ 1,709 $ — $ 1,766 Condensed Consolidating Statement of Cash Flows Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Cash flows from operating activities: Net loss $ (2,317 ) $ (14,150 ) $ (631 ) $ (64 ) $ (17,162 ) Adjustments to reconcile net iloss to net cash provided by (used in) operating activities: Depreciation and amortization 6,343 2,433 205 — 8,981 Impairment of goodwill — 21,272 — — 21,272 Deferred income taxes (12,711 ) — (45 ) — (12,756 ) Non-cash interest expense on debt 93 — — — 93 Stock-based compensation 236 — — — 236 Non-cash interest income on loans — — — — — Gain on sale of equipment (60 ) — (1 ) — (61 ) Amortization of debt issuance costs 593 — — — 593 Changes in operating assets and liabilities: Accounts receivable (6,243 ) (3,858 ) (2,206 ) 1 (12,306 ) Prepaid expenses and other current assets (893 ) 268 318 — (307 ) Income tax receivable, net (19 ) — 807 — 788 Aircraft support parts, net (4,424 ) (158 ) (269 ) — (4,851 ) Other non-current assets 202 1,157 222 — 1,581 Accounts payable 634 (1,088 ) (810 ) — (1,264 ) Accrued and other current liabilities (16,051 ) 4,688 (935 ) — (12,298 ) Income tax payable (10 ) 4 723 — 717 Other long-term liabilities 264 — — — 264 Net cash provided by (used in) operating activities (34,363 ) 10,568 (2,622 ) (63 ) (26,480 ) Cash flows from investing activities: Purchases of aircraft and property, plant and equipment (8,988 ) (10,493 ) (174 ) — (19,655 ) Proceeds from sale-leaseback of aircraft 24,660 — — — 24,660 Restricted cash — — 1,567 — 1,567 Dividends paid to non-controlling interest — — (136 ) 63 (73 ) Net cash provided by (used in) investing activities 15,672 (10,493 ) 1,257 63 6,499 Cash flows from financing activities: Repayments of credit facilities (54,723 ) — — — (54,723 ) Borrowings from credit facilities 73,264 — — — 73,264 Other long-term borrowings 393 — — — 393 Debt issuance costs (37 ) — — — (37 ) Shares withheld for payment of taxes (166 ) — — — (166 ) Net cash provided by financing activities 18,731 — — — 18,731 Effect of foreign currency exchange rates on cash and cash equivalents 433 — 51 — 484 Net increase (decrease) in cash and cash equivalents 473 75 (1,314 ) — (766 ) Cash and cash equivalents at beginning of period 10 — 3,200 — 3,210 Cash and cash equivalents at end of period $ 483 $ 75 $ 1,886 $ — $ 2,444 Condensed Consolidating Statement of Cash Flows Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Cash flows from operating activities: Net loss $ (33,476 ) $ (49,840 ) $ (2,002 ) $ (4 ) $ (85,322 ) Adjustments to reconcile net loss to net cash provided by (used in) operating activities: Depreciation and amortization 10,898 7,399 419 — 18,716 Impairment of goodwill — 49,823 — — 49,823 Other asset impairment 3,441 2,749 953 — 7,143 Deferred income taxes (1,627 ) — (60 ) — (1,687 ) Non-cash interest expense on debt 406 — — — 406 Stock-based compensation 97 — — — 97 Amortization of debt issuance costs 1,254 — — — 1,254 Loss (gain) on sale of equipment (91 ) (3 ) 24 — (70 ) Changes in operating assets and liabilities Accounts receivable (2,984 ) 2,537 (4,029 ) 4 (4,472 ) Inventory (8,666 ) — — — (8,666 ) Prepaid expenses and other current assets 263 29 (150 ) — 142 Income tax receivable 170 (170 ) 46 22 68 Aircraft support parts, net 287 512 (758 ) — 41 Other non-current assets 500 2,335 (151 ) — 2,684 Accounts payable 1,034 (287 ) (722 ) — 25 Accrued and other current liabilities 13,573 (12,858 ) 3,246 553 4,514 Income tax payable 47 2 269 (575 ) (257 ) Other long-term liabilities 4,096 (125 ) — — 3,971 Net cash provided by (used in) operating activities (10,778 ) 2,103 (2,915 ) — (11,590 ) Cash flows from investing activities: Restricted cash — — 124 — 124 Purchases of aircraft and property, plant and equipment (9,770 ) (1,997 ) (72 ) — (11,839 ) Net cash provided by (used in) investing activities (9,770 ) (1,997 ) 52 — (11,715 ) Cash flows from financing activities: Shares withheld for payment of taxes (32 ) — — — (32 ) Repayments of subordinated notes (2,000 ) — — — (2,000 ) Repayments of credit facilities (73,182 ) — — — (73,182 ) Borrowings from credit facilities 97,553 — — — 97,553 Other long-term borrowings (84 ) — — — (84 ) Payments under capital leases (1 ) (339 ) — — (340 ) Debt issuance costs (137 ) — — — (137 ) Net cash provided by financing activities 22,117 (339 ) — — 21,778 Effect of foreign currency exchange rates on cash and cash equivalents (1,560 ) — (244 ) — (1,804 ) Net increase (decrease) in cash and cash equivalents 9 (233 ) (3,107 ) — (3,331 ) Cash and cash equivalents at beginning of period 7 274 4,816 — 5,097 Cash and cash equivalents at end of period $ 16 $ 41 $ 1,709 $ — $ 1,766 Condensed Consolidating Statement of Cash Flows Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Cash flows from operating activities: Net loss $ (13,892 ) $ (9,709 ) $ (1,009 ) $ (77 ) $ (24,687 ) Adjustments to reconcile net loss to net cash provided by (used in) operating activities: Depreciation and amortization 11,654 4,885 395 — 16,934 Impairment of goodwill — 21,272 — — 21,272 Deferred income taxes (16,830 ) — 90 — (16,740 ) Non-cash interest expense on debt 130 — — — 130 Stock-based compensation 396 — — — 396 Gain on sale of equipment (121 ) (25 ) (45 ) — (191 ) Amortization of debt issuance costs 1,214 — — — 1,214 Changes in operating assets and liabilities: Accounts receivable (1,359 ) 5,906 (2,991 ) 14 1,570 Prepaid expenses and other current assets (1,159 ) (64 ) 317 — (906 ) Income tax receivable, net 41 (3 ) 908 — 946 Aircraft support parts, net (7,759 ) (4,483 ) (473 ) — (12,715 ) Other non-current assets 145 2,753 228 — 3,126 Accounts payable 2,408 (1,285 ) (392 ) — 731 Accrued and other current liabilities (15,843 ) (1,894 ) 1,396 — (16,341 ) Income tax payable (10 ) 4 723 — 717 Other long-term liabilities 558 — — — 558 Net cash provided by (used in) operating activities (40,427 ) 17,357 (853 ) (63 ) (23,986 ) Cash flows from investing activities: Purchases of aircraft and property, plant and equipment (19,623 ) (17,270 ) (245 ) — (37,138 ) Proceeds from sale-leaseback of aircraft 24,660 — — — 24,660 Restricted cash — — 1,767 — 1,767 Dividends paid to noncontrolling interest — — (136 ) 63 (73 ) Net cash provided by (used in) investing activities 5,037 (17,270 ) 1,386 63 (10,784 ) Cash flows from financing activities: Proceeds from shareholders, net 414 — — — 414 Repayments of credit facilities (79,123 ) — — — (79,123 ) Borrowings from credit facilities 113,131 — — — 113,131 Other long-term borrowings 393 — — — 393 Debt issuance costs (267 ) — — — (267 ) Shares withheld for payment of taxes (166 ) — — — (166 ) Net cash provided by financing activities 34,382 — — — 34,382 Effect of foreign currency exchange rates on cash and cash equivalents 915 — 36 — 951 Net increase (decrease) in cash and cash equivalents (93 ) 87 569 — 563 Cash and cash equivalents at beginning of period 576 (12 ) 1,317 — 1,881 Cash and cash equivalents at end of period $ 483 $ 75 $ 1,886 $ — $ 2,444

Reportable Segments (Tables)

Reportable Segments (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Schedule of Revenue by Reportable Segment	The following table sets forth information about the Company’s operations by its three reportable segments: Revenue by Reportable Segment (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Net revenues: Government Aviation Services $ 28,391 $ 41,878 $ 61,266 $ 83,411 Commercial Aviation Services 34,319 35,639 60,572 65,545 Manufacturing & MRO 6,609 3,368 13,643 6,113 Total net revenues $ 69,319 $ 80,885 $ 135,481 $ 155,069
Schedule of Gross Profit by Reportable Segment	Gross Profit by Reportable Segment (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Gross Profit: Government Aviation Services $ 2,117 $ 8,275 $ 6,479 $ 14,588 Commercial Aviation Services 3,686 5,005 (1,001 ) 5,301 Manufacturing & MRO 1,929 104 3,628 1,021 Total gross profit $ 7,732 $ 13,384 $ 9,106 $ 20,910
Schedule of Assets by Reportable Segment	Assets by Reportable Segment (in thousands): June 30, 2015 December 31, 2014 Assets: Government Aviation Services $ 179,229 $ 232,775 Commercial Aviation Services 57,034 56,456 Manufacturing & MRO 22,379 16,207 Corporate (1) 16,342 13,633 Assets held for sale 8,436 — Fixed Assets (2) 366,142 386,450 Total assets $ 649,562 $ 705,521 (1) Corporate assets are comprised primarily of cash, deferred tax assets, and deferred offering costs. (2) Fixed assets are comprised of the aircraft fleet and fleet support assets including aircraft, net, aircraft support parts, net, and property, plant, and equipment, net. Property, plant, and equipment, net are primarily used to support the aircraft fleet, with minimal amounts allocated to the corporate function
Reconciliation of Segment Operating Income (Loss)	A reconciliation of the Company’s segment gross profit to operating loss for the three months ended June 30, 2015 and 2014 is as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Reconciliation to operating income (loss): Government Aviation Services gross profit $ 2,117 $ 8,275 $ 6,479 $ 14,588 Commercial Aviation Services gross profit 3,686 5,005 (1,001 ) 5,301 Manufacturing & MRO gross profit 1,929 104 3,628 1,021 Operating expenses, net (1) (7,574 ) (30,814 ) (74,111 ) (41,163 ) Total operating income (loss) $ 158 $ (17,430 ) $ (65,005 ) $ (20,253 ) (1) Corporate expenses include corporate sales and marketing expenses, research and development, stock-based compensation expense, certain tax expenses, various nonrecurring charges including intangible asset impairments, and other separately managed general and administrative costs.
Schedule of Revenue by Geographic Area	Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Net revenues: North America $ 27,198 $ 30,515 $ 44,055 $ 48,230 Middle East 16,568 21,488 33,125 41,439 Europe 3,051 5,623 3,904 8,937 Asia 5,379 6,179 10,994 11,936 South America 10,066 10,442 21,103 18,549 Africa 6,979 6,585 13,772 14,872 Australia 78 53 8,528 11,106 Total net revenues $ 69,319 $ 80,885 $ 135,481 $ 155,069

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Schedule of Computation of Loss Per Share	The following table shows the computation of earnings (loss) per share (net earnings (loss) in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Net loss attributable to common shareholders $ (10,121 ) $ (17,109 ) $ (85,091 ) $ (24,703 ) Basic weighted average shares outstanding 13,831,127 13,799,501 13,827,493 13,794,491 Dilutive effect of stock-based awards — — — — Dilutive weighted average shares outstanding 13,831,127 13,799,501 13,827,493 13,794,491 Basic loss per share $ (0.73 ) $ (1.24 ) $ (6.15 ) $ (1.79 ) Diluted loss per share $ (0.73 ) $ (1.24 ) $ (6.15 ) $ (1.79 ) Antidilutive common stock equivalents excluded from diluted loss per share 5,728 3,863 9,601 8,222

Stock-based Compensation (Table

Stock-based Compensation (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of Restricted Stock Unit Awards Activity	The following table summarizes the Company’s restricted stock unit awards activity during the six months ended June 30, 2015 : Restricted Stock Award Units Weighted-Average Grant Date Fair Value Outstanding unvested at December 31, 2014 55,603 $ 13.59 Granted — — Vested restricted stock units (16,213 ) 7.51 Forfeited (18,890 ) 14.15 Outstanding unvested at June 30, 2015 20,500 $ 17.88
Schedule of Stock-based Compensation Expense	The Company recognized stock-based compensation expense during the three and six months ended June 30, 2015 and 2014 as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Stock-based compensation expense: Cost of revenues $ 3 $ 14 $ 15 $ 30 Operating expenses (1) (51 ) 222 82 366 Total $ (48 ) $ 236 $ 97 $ 396
Schedule of Unrecognized Stock-Based Compensation Expense Related to Outstanding Unvested Restricted Stock Unit Awards Expected to be Recognized	Unrecognized stock-based compensation expense related to outstanding unvested restricted stock unit awards as of June 30, 2015 is expected to be recognized over a weighted average period of 0.3 years, as follows (in thousands): Unamortized Compensation Expense 2015 $ 141 2016 51 Thereafter — Total $ 192

Description of the Business (De

Description of the Business (Details) - Jun. 30, 2015	AircraftAircrane
Business Acquisition [Line Items]
Equity interest held (as a percent)	100.00%
Outside of North America
Business Acquisition [Line Items]
Number of aircranes owned	18
Number of aircranes operated	19
Heavy Lift Helicopters
Business Acquisition [Line Items]
Number of aircranes owned	19
S-64 E Model Aircranes
Business Acquisition [Line Items]
Number of aircranes owned	13
S-64 F Model Aircranes
Business Acquisition [Line Items]
Number of aircranes owned	6
Medium and Light Lift Aircraft
Business Acquisition [Line Items]
Number of aircranes owned	33
Number of aircranes leased | Aircraft	31
Rotor Wing Aircraft
Business Acquisition [Line Items]
Number of aircranes owned	27
Number of aircranes leased | Aircraft	27
Fixed-Wing Aircraft
Business Acquisition [Line Items]
Number of aircranes owned	6
Number of aircranes leased | Aircraft	4
Heavy Lift Aircrafts
Business Acquisition [Line Items]
Number of aircranes leased | Aircraft	1
European Air-Crane S.p.A. | SIMA
Business Acquisition [Line Items]
Equity interest held (as a percent)	60.00%
EACM | Layang-Layang Services Sdn. Bhd.
Business Acquisition [Line Items]
Equity interest held (as a percent)	49.00%

Basis of Presentation (Details)

Basis of Presentation (Details) - Jun. 30, 2014 - USD ($) $ in Millions	Total	Total
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Prior period reclassification adjustment	$ 0.4	$ 0.4
Cost of Revenues
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Prior period reclassification adjustment	$ 0.3	$ 1.1

- Schedule of Accounts Receivab

- Schedule of Accounts Receivable (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Receivables [Abstract]
Trade accounts receivable	$ 45,300	$ 42,296
Other receivables	3,345	2,793
Less: allowance for doubtful accounts	(191)	(739)
Accounts receivable	$ 48,454	$ 44,350

- Concentration Risk Current an

- Concentration Risk Current and NonCurrent Trade Receivables (Details) - Accounts Receivable - Credit Concentration Risk	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Concentration risk, percentage	38.30%	37.00%
Fluor
Accounts, Notes, Loans and Financing Receivable [Line Items]
Concentration risk, percentage	18.00%	14.40%
Alion Science and Technology Corporation
Accounts, Notes, Loans and Financing Receivable [Line Items]
Concentration risk, percentage	11.00%	11.80%
Hellenic Fire Brigade
Accounts, Notes, Loans and Financing Receivable [Line Items]
Concentration risk, percentage	9.30%	10.80%

- Concentration Risk Net Revenu

- Concentration Risk Net Revenues (Details) - Net Revenues	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Concentration risk, percentage	30.80%	18.60%	30.80%	19.40%
Fluor
Accounts, Notes, Loans and Financing Receivable [Line Items]
Concentration risk, percentage	20.70%	18.60%	20.60%	19.40%
Alion Science and Technology Corporation
Accounts, Notes, Loans and Financing Receivable [Line Items]
Concentration risk, percentage	10.10%	0.00%	10.20%	0.00%

Accounts Receivable and Allow49

Accounts Receivable and Allowance for Doubtful Accounts Accounts Receivable and Allowance for Doubtful Accounts - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Receivables [Abstract]
Bad debt expense	$ 0	$ 0	$ 0
Recovery of bad debt				$ 300,000

Inventory - Schedule of Invento

Inventory - Schedule of Inventory (Details) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Supply Commitment [Line Items]
Finished goods	$ 8,667	$ 0
Promissory Note | Bell Helicopters Textron Inc.
Supply Commitment [Line Items]
Inventory acquired	$ 9,400
Debt instrument, term	2 years

- Schedule of Aircraft Support

- Schedule of Aircraft Support Parts, Net (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Inventory Disclosure [Abstract]
Aircraft parts	$ 129,087	$ 124,629
Work-in-process	13,240	18,604
Less: Excess and obsolete reserve	(5,600)	(5,640)
Total	$ 136,727	$ 137,593

Aircraft Support Parts, net - N

Aircraft Support Parts, net - Narrative (Details)	Dec. 31, 2014Aircraft
Inventory Disclosure [Abstract]
Number of aircraft being remanufactured	1

- Schedule of Assets Held for S

- Schedule of Assets Held for Sale (Details) - Jun. 30, 2015 $ in Thousands	USD ($)Aircraft	USD ($)Aircraft
Long Lived Assets Held-for-sale [Line Items]
Assets held for sale, beginning balance		$ 0
Assets held for sale, ending balance	$ 8,436	$ 8,436
Aircraft
Long Lived Assets Held-for-sale [Line Items]
Number of Aircrafts, beginning balance | Aircraft		0
Number of aircrafts, classified as held for sale, net of impairment | Aircraft	9
Number of Aircrafts, ending balance | Aircraft	9	9
Assets held for sale, classified as held for sale, net of impairment		$ 5,779
Assets held for sale, ending balance	$ 5,844	5,844
Translation Adjustment [Member] [Member]
Long Lived Assets Held-for-sale [Line Items]
Assets held for sale, classified as held for sale, net of impairment		65
Deferred Overhauls, Net
Long Lived Assets Held-for-sale [Line Items]
Assets held for sale, ending balance	$ 2,592	$ 2,592

Assets Held for Sale - Narrativ

Assets Held for Sale - Narratives (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)Aircraft	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)
Long Lived Assets Held-for-sale [Line Items]
Other asset impairment	$ 0	$ 0	$ 7,143	$ 0
Aircraft
Long Lived Assets Held-for-sale [Line Items]
Number of aircrafts, classified as held for sale, net of impairment | Aircraft	9
Other asset impairment			$ 7,100

- Schedule of Aircraft (Details

- Schedule of Aircraft (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Aircraft	$ 150,251	$ 162,246
Less: Accumulated depreciation	(37,640)	(34,025)
Aircraft, net	$ 112,611	$ 128,221

- Schedule of Property, Plant a

- Schedule of Property, Plant and Equipment Net (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	$ 138,552	$ 140,428
Less: accumulated depreciation and amortization	(21,748)	(19,793)
Property, plant, and equipment, net	116,804	120,635
Land and Land Improvements
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	308	308
Buildings
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	9,265	7,926
Vehicles and Equipment
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	30,827	29,500
Deferred Overhauls, Net
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	81,355	86,768
Construction-in-Progress
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	$ 16,797	$ 15,926

Aircraft and Property, Plant 57

Aircraft and Property, Plant and Equipment - Narrative (Details)	Aug. 01, 2015	Jun. 30, 2014USD ($)Aircraft	Jun. 30, 2015USD ($)	Mar. 31, 2015USD ($)Aircraft	Jun. 30, 2014USD ($)Aircraft	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)Aircraft
Property, Plant and Equipment [Line Items]
Depreciation expense			$ 4,400,000		$ 4,800,000	$ 9,200,000	$ 8,900,000
Number of assets sold | Aircraft		1			1		1
Proceeds from sale-leaseback of aircraft			0		$ 24,660,000	0	$ 24,660,000
Sale-leaseback, net book value		$ 12,300,000			12,300,000		12,300,000
Lease initial term commencing date		7 years
Lease payment per month					264,000
Sale-leaseback deferred gain, current						1,800,000
Sale-leaseback deferred gain, non-current						8,800,000
Assets given up in exchange | Aircraft				4
Assets received in exchange | Aircraft				2
Gain (loss) recorded on transfers transaction				$ 0
Deferred Overhauls, Net
Property, Plant and Equipment [Line Items]
Amortization expense			$ 4,800,000		$ 3,600,000	$ 8,300,000	$ 6,800,000
Subsequent Event | Medford Hangar [Member]
Property, Plant and Equipment [Line Items]
Lease initial term commencing date	15 years

- Schedule of Changes in Carryi

- Schedule of Changes in Carrying Amount of Goodwill (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended		12 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Goodwill [Roll Forward]
Goodwill, Gross		$ 236,513		$ 236,513
Accumulated impairment loss		(21,272)		(21,272)
Goodwill, net		215,241		215,241
Impairment of goodwill	$ 0	(49,800)	$ (21,272)	(49,823)	$ (21,272)	$ (21,300)
Fluctuations due to foreign currency translation adjustments				(662)
Goodwill, Gross	235,851			235,851		236,513
Accumulated impairment loss	(71,095)			(71,095)		(21,272)
Goodwill, net	164,756	215,241		215,241		215,241
Government Aviation Services
Goodwill [Roll Forward]
Goodwill, Gross		207,128		207,128
Accumulated impairment loss		(21,272)		(21,272)
Goodwill, net		185,856		185,856
Impairment of goodwill				(49,823)
Fluctuations due to foreign currency translation adjustments				0
Goodwill, Gross	207,128			207,128		207,128
Accumulated impairment loss	(71,095)			(71,095)		(21,272)
Goodwill, net	136,033	185,856		185,856		185,856
Commercial Aviation Services
Goodwill [Roll Forward]
Goodwill, Gross		23,843		23,843
Accumulated impairment loss		0		0
Goodwill, net		23,843		23,843
Impairment of goodwill				0
Fluctuations due to foreign currency translation adjustments				(662)
Goodwill, Gross	23,181			23,181		23,843
Accumulated impairment loss	0			0		0
Goodwill, net	23,181	23,843		23,843		23,843
Manufacturing & MRO
Goodwill [Roll Forward]
Goodwill, Gross		5,542		5,542
Accumulated impairment loss		0		0
Goodwill, net		5,542		5,542
Impairment of goodwill				0
Fluctuations due to foreign currency translation adjustments				0
Goodwill, Gross	5,542			5,542		5,542
Accumulated impairment loss	0			0		0
Goodwill, net	$ 5,542	$ 5,542		$ 5,542		$ 5,542

Goodwill - Narrative (Details)

Goodwill - Narrative (Details) $ in Thousands	Jan. 01, 2015Segmentunit	Jun. 30, 2015USD ($)Segment	Mar. 31, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)Segment	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment of goodwill | $		$ 0	$ 49,800	$ 21,272	$ 49,823	$ 21,272	$ 21,300
Number of Reporting Units | unit	4
Number of Reportable Segments	3				3
Assumption of discount rate in measuring implied fair value of goodwill					10.00%
Effective tax rate					38.00%
Assumption of EBITDA multiple in measuring fair value of goodwill					7
Number of Operating Segments		3

- Summary of Other Intangible A

- Summary of Other Intangible Assets (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Total other intangible assets, gross	$ 24,005	$ 24,005
Less: accumulated amortization	(5,256)	(3,952)
Total other intangible assets, net	$ 18,749	20,053
Government Aviation Services
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Customer Relationships, Useful Life (in years)	9 years
Customer Relationships	$ 19,300	19,300
Commercial Aviation Services
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Customer Relationships, Useful Life (in years)	2 years
Customer Relationships	$ 2,500	2,500
Manufacturing & MRO
Finite Lived And Indefinite Lived Intangible Assets [Line Items]
Type Certificate (in years)
Type Certificate	$ 2,205	$ 2,205

- Estimated Amortization Expens

- Estimated Amortization Expense (Details) $ in Thousands	Jun. 30, 2015USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2,015	$ 1,639
2,016	3,279
2,017	2,333
2,018	2,144
2,019	2,144
Thereafter	5,005
Total	$ 16,544

Other Intangible Assets, net -

Other Intangible Assets, net - Narrative (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Cost of Revenues
Finite-Lived Intangible Assets [Line Items]
Amortization expense for intangible assets	$ 0.7		$ 0.6	$ 1.3	$ 1.2
Commercial Aviation Services
Finite-Lived Intangible Assets [Line Items]
Customer Relationships, Useful Life (in years)				2 years
Commercial Aviation Services | Air Amazonia Services Aereos Ltd
Finite-Lived Intangible Assets [Line Items]
Customer Relationships, Useful Life (in years)	2 years	9 years

Accrued and Other Current Lia63

Accrued and Other Current Liabilities (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Mar. 01, 2015	Dec. 31, 2014
Long-term notes payable	$ 355,000			$ 355,000
Interest	5,653			5,542
Payroll and related taxes	5,589			6,069
Promissory note, net of discount	4,642			0
Deferred revenue	1,899			795
Deferred gain on sale-leaseback	1,760			1,760
Accrued commissions	191			1,301
Other	2,545			3,567
Accrued and other current liabilities	22,279			$ 19,034
Bell Helicopters Textron Inc.
Promissory note, amount	9,000	$ 10,000
Stated interest rate		0.00%
Notes payable	$ 8,500		$ 9,400
Effective interest rate	6.50%
Long-term notes payable	$ 3,900
Unamortized discount	$ 500

- Schedule of Total Outstanding

- Schedule of Total Outstanding Debt (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Jun. 30, 2015
Debt Instrument [Line Items]
Current debt	$ 4,144	$ 4,702
Long-term debt	457,090	482,696
Capital Lease Obligations, Current	0	888
Capital Lease Obligations, Noncurrent	0	2,763
Revolving Credit Facility
Debt Instrument [Line Items]
Current debt	0	0
Long-term debt	89,339	113,710
Payments to Acquire Productive Assets	25,000
Fixtures Financing
Debt Instrument [Line Items]
Current debt	144	147
Long-term debt	265	178
2020 Senior Notes
Debt Instrument [Line Items]
Current debt	0	0
Long-term debt	355,000	355,000
2020, Subordinated Notes, Net of Discount
Debt Instrument [Line Items]
Current debt	4,000	3,667
Long-term debt	$ 12,486	$ 11,045

- 2020 Senior Notes Offering (D

- 2020 Senior Notes Offering (Details) - 8.25% Second Priority Senior Secured Obligations Due 2020 - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014	May. 02, 2014
Debt Instrument [Line Items]
Interest rate (as a percent)	8.25%		8.25%
Debt maturity date	Jan. 1, 2020
Long-term debt	$ 355	$ 355	$ 355

- Revolving Credit Facility (De

- Revolving Credit Facility (Details)	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Debt Instrument [Line Items]
Long-term revolving credit facilities	$ 113,710,000	$ 113,710,000				$ 89,339,000
Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity under credit facilities	$ 140,000,000	$ 140,000,000
Avoid coverage ratio compliance, percentage	0.125	0.125
Fixed charge coverage ratio, minimum		1.1				1.20
Average excess availability of credit facility						$ 16,800,000
Average excess availability ratio						1.05
Revolving Credit Facility | Minimum
Debt Instrument [Line Items]
Interest rate on senior credit agreement		225.00%
Revolving Credit Facility | Maximum
Debt Instrument [Line Items]
Interest rate on senior credit agreement		450.00%
Credit Agreement | Revolving Credit Facility
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)	5.01%	5.04%
Interest rate (as a percent)	5.00%	5.00%				5.02%
Credit Agreement | Standby Letters of Credit
Debt Instrument [Line Items]
Amount outstanding	$ 700,000	$ 700,000				$ 4,700,000
Maximum borrowing availability	$ 25,600,000	$ 25,600,000				$ 46,000,000
Scenario, Forecast [Member] | Revolving Credit Facility
Debt Instrument [Line Items]
Line of Credit Facility, Covenant Compliance, Maximum Growth in Capital Expenditures			$ 25,000,000	$ 20,000,000	$ 10,000,000

- 2020 Subordinated Notes (Deta

- 2020 Subordinated Notes (Details) - 2020, Subordinated Notes, Net of Discount - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Consideration paid, subordinated notes	$ 17.5	$ 17.5
Subordinated notes fixed interest rate		6.00%
Subordinated notes maturity, years		Nov. 2, 2020
Increase in interest rate, until maturity period		8.00%
Interest payable due date
Quarterly payment of principal		$ 1
Weighted average interest rate (as a percent)	6.00%	6.00%
Subordinated Notes
Debt Instrument [Line Items]
Estimated fair value of subordinated notes	$ 15.9	$ 15.9
Interest rate (as a percent)	9.00%	9.00%
Long-term debt	$ 14.7	$ 14.7	$ 16.5
Debt instrument, face amount	15.5	15.5	17.5
Debt instrument, unamortized discount	$ 0.8	$ 0.8	$ 1

Other Long-Term Liabilities - S

Other Long-Term Liabilities - Schedule of Other Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Other Long-Term Liabilities Disclosure [Abstract]
Deferred gain on sale-leaseback (see Note 7)	$ 8,798	$ 9,678
Long-term notes payable	3,895	0
Capital lease obligations	2,763	0
Other	4,183	3,503
Other long-term liabilities	$ 16,876	$ 13,181

- Balance Sheet (Details)

- Balance Sheet (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 1,766	$ 2,874	$ 5,097	$ 2,444	$ 3,210	$ 1,881
Restricted cash	359		567
Accounts receivable, net	48,454		44,350
Inventory	8,667		0
Prepaid expenses and other current assets	8,433		8,780
Income tax receivable	609		677
Deferred tax assets	1,340		1,230
Total current assets	69,628		60,701
Aircraft support parts, net	136,727		137,593
Assets held for sale	8,436		0
Aircraft, net	112,611		128,221
Property, plant and equipment, net	116,804		120,635
Goodwill	164,756		215,241
Other intangible assets, net	18,749		20,053
Other non-current assets	21,851		23,077
Total assets	649,562		705,521
Current liabilities:
Accounts payable	19,487		19,844
Current portion of long-term debt	4,702		4,144
Accrued and other current liabilities	22,279		19,034
Income tax payable	28		315
Deferred tax liabilities	0		884
Total current liabilities	46,496		44,221
Long-term debt, less current portion	13,986		12,751
Long-term revolving credit facilities	113,710		89,339
Long-term notes payable	355,000		355,000
Other long-term liabilities	16,876		13,181
Uncertain tax positions	6,668		6,313
Deferred tax liabilities	3,159		3,703
Total liabilities	555,895		524,508
Stockholders' equity (deficit):
Common stock	1		1
Additional paid-in capital	181,083		181,018
Retained earnings (accumulated deficit)	(83,279)		1,812
Accumulated other comprehensive loss	(4,544)		(2,544)
Total stockholders’ equity attributable to Erickson Incorporated	93,261		180,287
Noncontrolling interest	406		726
Total stockholders’ equity	93,667		181,013			192,907
Total liabilities and stockholders’ equity	649,562		705,521
Erickson Air-Crane, Incorporated (EAC)
Current assets:
Cash and cash equivalents	16	90	7	483	10	576
Restricted cash	136		136
Accounts receivable, net	16,100		13,117
Inventory	8,667
Prepaid expenses and other current assets	6,243		6,506
Income tax receivable	150		320
Deferred tax assets	1,240		1,440
Total current assets	32,552		21,526
Aircraft support parts, net	105,672		106,721
Assets held for sale	3,800
Aircraft, net	81,953		82,799
Property, plant and equipment, net	73,710		70,732
Goodwill	0		0
Other intangible assets, net	2,205		2,205
Other non-current assets	321,715		323,332
Total assets	621,607		607,315
Current liabilities:
Accounts payable	7,055		6,021
Current portion of long-term debt	3,843		4,144
Accrued and other current liabilities	(31,393)		(54,577)
Income tax payable	(340)		(397)
Deferred tax liabilities	246		884
Total current liabilities	(20,589)		(43,925)
Long-term debt, less current portion	11,319		12,751
Long-term revolving credit facilities	113,710		89,339
Long-term notes payable	355,000		355,000
Other long-term liabilities	16,229		12,410
Uncertain tax positions	6,668		6,313
Deferred tax liabilities	3,874		5,061
Total liabilities	486,211		436,949
Stockholders' equity (deficit):
Common stock	1		1
Additional paid-in capital	181,083		181,018
Retained earnings (accumulated deficit)	(42,465)		(8,993)
Accumulated other comprehensive loss	(3,223)		(1,660)
Total stockholders’ equity attributable to Erickson Incorporated	135,396		170,366
Noncontrolling interest	0		0
Total stockholders’ equity	135,396		170,366
Total liabilities and stockholders’ equity	621,607		607,315
Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	41	44	274	75	0	(12)
Restricted cash	0		0
Accounts receivable, net	23,661		26,199
Inventory	0
Prepaid expenses and other current assets	1,142		1,171
Income tax receivable	170		0
Deferred tax assets	0		0
Total current assets	25,014		27,644
Aircraft support parts, net	29,971		30,482
Assets held for sale	2,550
Aircraft, net	30,658		42,405
Property, plant and equipment, net	41,664		47,762
Goodwill	160,532		210,356
Other intangible assets, net	14,654		15,726
Other non-current assets	4,566		4,337
Total assets	309,609		378,712
Current liabilities:
Accounts payable	11,178		11,465
Current portion of long-term debt	859		0
Accrued and other current liabilities	26,789		49,166
Income tax payable	0		0
Deferred tax liabilities	0		0
Total current liabilities	38,826		60,631
Long-term debt, less current portion	2,667		0
Long-term revolving credit facilities	0		0
Long-term notes payable	0		0
Other long-term liabilities	584		708
Uncertain tax positions	0		0
Deferred tax liabilities	0		0
Total liabilities	42,077		61,339
Stockholders' equity (deficit):
Common stock	0		0
Additional paid-in capital	297,994		297,994
Retained earnings (accumulated deficit)	(30,462)		19,379
Accumulated other comprehensive loss	0		0
Total stockholders’ equity attributable to Erickson Incorporated	267,532		317,373
Noncontrolling interest	0		0
Total stockholders’ equity	267,532		317,373
Total liabilities and stockholders’ equity	309,609		378,712
Non-Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	1,709	2,740	4,816	1,886	3,200	1,317
Restricted cash	223		431
Accounts receivable, net	8,653		4,990
Inventory	0
Prepaid expenses and other current assets	1,048		1,103
Income tax receivable	289		335
Deferred tax assets	(104)		(210)
Total current assets	11,818		11,465
Aircraft support parts, net	1,129		435
Assets held for sale	2,086
Aircraft, net	0		3,017
Property, plant and equipment, net	1,430		2,141
Goodwill	4,986		5,647
Other intangible assets, net	1,890		2,122
Other non-current assets	664		501
Total assets	24,003		25,328
Current liabilities:
Accounts payable	1,254		2,358
Current portion of long-term debt	0		0
Accrued and other current liabilities	26,883		24,998
Income tax payable	368		137
Deferred tax liabilities	0		0
Total current liabilities	28,505		27,493
Long-term debt, less current portion	0		0
Long-term revolving credit facilities	0		0
Long-term notes payable	0		0
Other long-term liabilities	63		63
Uncertain tax positions	0		0
Deferred tax liabilities	(1,165)		(1,358)
Total liabilities	27,403		26,198
Stockholders' equity (deficit):
Common stock	1,675		1,675
Additional paid-in capital	33		33
Retained earnings (accumulated deficit)	(5,176)		(3,171)
Accumulated other comprehensive loss	(566)		(41)
Total stockholders’ equity attributable to Erickson Incorporated	(4,034)		(1,504)
Noncontrolling interest	634		634
Total stockholders’ equity	(3,400)		(870)
Total liabilities and stockholders’ equity	24,003		25,328
Consolidating Entries and Eliminations
Current assets:
Cash and cash equivalents	0	$ 0	0	$ 0	$ 0	$ 0
Restricted cash	0		0
Accounts receivable, net	40		44
Inventory	0
Prepaid expenses and other current assets	0		0
Income tax receivable	0		22
Deferred tax assets	204		0
Total current assets	244		66
Aircraft support parts, net	(45)		(45)
Assets held for sale	0
Aircraft, net	0		0
Property, plant and equipment, net	0		0
Goodwill	(762)		(762)
Other intangible assets, net	0		0
Other non-current assets	(305,094)		(305,093)
Total assets	(305,657)		(305,834)
Current liabilities:
Accounts payable	0		0
Current portion of long-term debt	0		0
Accrued and other current liabilities	0		(553)
Income tax payable	0		575
Deferred tax liabilities	(246)		0
Total current liabilities	(246)		22
Long-term debt, less current portion	0		0
Long-term revolving credit facilities	0		0
Long-term notes payable	0		0
Other long-term liabilities	0		0
Uncertain tax positions	0		0
Deferred tax liabilities	450		0
Total liabilities	204		22
Stockholders' equity (deficit):
Common stock	(1,675)		(1,675)
Additional paid-in capital	(298,027)		(298,027)
Retained earnings (accumulated deficit)	(5,176)		(5,403)
Accumulated other comprehensive loss	(755)		(843)
Total stockholders’ equity attributable to Erickson Incorporated	(305,633)		(305,948)
Noncontrolling interest	(228)		92
Total stockholders’ equity	(305,861)		(305,856)
Total liabilities and stockholders’ equity	$ (305,657)		$ (305,834)

- Statement of Operations (Deta

- Statement of Operations (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended		12 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Schedule Of Condensed Consolidating Statement Of Operations [Line Items]
Net revenues	$ 69,319		$ 80,885	$ 135,481	$ 155,069
Cost of revenues	61,587		67,501	126,375	134,159
Gross profit	7,732		13,384	9,106	20,910
Operating expenses:
General and administrative	5,661		6,994	12,599	13,791
Research and development	583		738	1,461	2,056
Selling and marketing	1,330		1,810	3,085	4,044
Impairment of goodwill	0	$ 49,800	21,272	49,823	21,272	$ 21,300
Other asset impairment	0		0	7,143	0
Total operating expenses	7,574		30,814	74,111	41,163
Operating Income (Loss)	158		(17,430)	(65,005)	(20,253)
Other income (expense):
Interest expense, net	(9,375)		(9,111)	(18,587)	(17,864)
Other income (expense), net	(331)		(843)	(1,656)	(1,362)
Total other income (expense)	(9,706)		(9,954)	(20,243)	(19,226)
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	(9,548)		(27,384)	(85,248)	(39,479)
Income tax expense	691		(10,222)	74	(14,792)
Net income (loss)	(10,239)		(17,162)	(85,322)	(24,687)	$ (10,231)
Less: Net loss related to noncontrolling interest	118		53	231	(16)
Net loss attributable to Erickson Incorporated and common stockholders	(10,121)		(17,109)	(85,091)	(24,703)
Erickson Air-Crane, Incorporated (EAC)
Schedule Of Condensed Consolidating Statement Of Operations [Line Items]
Net revenues	29,495		26,817	53,823	51,444
Cost of revenues	23,264		23,371	48,461	45,267
Gross profit	6,231		3,446	5,362	6,177
Operating expenses:
General and administrative	4,742		5,848	10,779	11,487
Research and development	583		738	1,461	2,056
Selling and marketing	1,338		1,617	3,045	3,664
Impairment of goodwill			0	0	0
Other asset impairment				3,441
Total operating expenses	6,663		8,203	18,726	17,207
Operating Income (Loss)	(432)		(4,757)	(13,364)	(11,030)
Other income (expense):
Interest expense, net	(9,172)		(8,957)	(18,201)	(17,466)
Other income (expense), net	(367)		(712)	(2,110)	(1,311)
Total other income (expense)	(9,539)		(9,669)	(20,311)	(18,777)
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	(9,971)		(14,426)	(33,675)	(29,807)
Income tax expense	342		(12,109)	(199)	(15,915)
Net income (loss)	(10,313)		(2,317)	(33,476)	(13,892)
Less: Net loss related to noncontrolling interest	0		0	0	0
Net loss attributable to Erickson Incorporated and common stockholders	(10,313)		(2,317)	(33,476)	(13,892)
Guarantor Subsidiaries
Schedule Of Condensed Consolidating Statement Of Operations [Line Items]
Net revenues	34,433		44,706	71,977	87,458
Cost of revenues	34,173		37,232	68,815	75,008
Gross profit	260		7,474	3,162	12,450
Operating expenses:
General and administrative	151		185	352	606
Research and development	0		0	0	0
Selling and marketing	4		163	54	320
Impairment of goodwill			21,272	49,823	21,272
Other asset impairment				2,749
Total operating expenses	155		21,620	52,978	22,198
Operating Income (Loss)	105		(14,146)	(49,816)	(9,748)
Other income (expense):
Interest expense, net	(109)		0	(186)	17
Other income (expense), net	143		(4)	162	22
Total other income (expense)	34		(4)	(24)	39
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	139		(14,150)	(49,840)	(9,709)
Income tax expense	0		0	0	0
Net income (loss)	139		(14,150)	(49,840)	(9,709)
Less: Net loss related to noncontrolling interest	0		0	0	0
Net loss attributable to Erickson Incorporated and common stockholders	139		(14,150)	(49,840)	(9,709)
Non-Guarantor Subsidiaries
Schedule Of Condensed Consolidating Statement Of Operations [Line Items]
Net revenues	13,285		13,853	26,177	25,413
Cost of revenues	11,999		11,389	25,516	23,130
Gross profit	1,286		2,464	661	2,283
Operating expenses:
General and administrative	768		961	1,468	1,698
Research and development	0		0	0	0
Selling and marketing	33		30	65	60
Impairment of goodwill			0	0	0
Other asset impairment				953
Total operating expenses	801		991	2,486	1,758
Operating Income (Loss)	485		1,473	(1,825)	525
Other income (expense):
Interest expense, net	(94)		(154)	(200)	(415)
Other income (expense), net	(109)		(63)	296	4
Total other income (expense)	(203)		(217)	96	(411)
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	282		1,256	(1,729)	114
Income tax expense	349		1,887	273	1,123
Net income (loss)	(67)		(631)	(2,002)	(1,009)
Less: Net loss related to noncontrolling interest	0		0	0	0
Net loss attributable to Erickson Incorporated and common stockholders	(67)		(631)	(2,002)	(1,009)
Consolidating Entries and Eliminations
Schedule Of Condensed Consolidating Statement Of Operations [Line Items]
Net revenues	(7,894)		(4,491)	(16,496)	(9,246)
Cost of revenues	(7,849)		(4,491)	(16,417)	(9,246)
Gross profit	(45)		0	(79)	0
Operating expenses:
General and administrative	0		0	0	0
Research and development	0		0	0	0
Selling and marketing	(45)		0	(79)	0
Impairment of goodwill			0	0	0
Other asset impairment				0
Total operating expenses	(45)		0	(79)	0
Operating Income (Loss)	0		0	0	0
Other income (expense):
Interest expense, net	0		0	0	0
Other income (expense), net	2		(64)	(4)	(77)
Total other income (expense)	2		(64)	(4)	(77)
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	2		(64)	(4)	(77)
Income tax expense	0		0	0	0
Net income (loss)	2		(64)	(4)	(77)
Less: Net loss related to noncontrolling interest	118		53	231	(16)
Net loss attributable to Erickson Incorporated and common stockholders	$ 120		$ (11)	$ 227	$ (93)

- Statement of Cash Flows (Deta

- Statement of Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended		12 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Cash flows from operating activities:
Net loss	$ (10,239)		$ (17,162)	$ (85,322)	$ (24,687)	$ (10,231)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	9,898		8,981	18,716	16,934
Impairment of goodwill	0	$ 49,800	21,272	49,823	21,272	21,300
Other asset impairment	0		0	7,143	0
Deferred income taxes	(269)		(12,756)	(1,687)	(16,740)
Non-cash interest expense on debt	229		93	406	130
Stock-based compensation	(48)		236	97	396
Non-cash interest income on loans			0
Amortization of debt issuance costs	630		593	1,254	1,214
Gain on sale of equipment	(76)		(61)	(70)	(191)
Changes in operating assets and liabilities:
Accounts receivable	3,587		(12,306)	(4,472)	1,570
Inventory	487		0	(8,666)	0
Prepaid expenses and other current assets	366		(307)	142	(906)
Income tax receivable, net	(195)		788	68	946
Aircraft support parts, net	1,564		(4,851)	41	(12,715)
Other non-current assets	294		1,581	2,684	3,126
Accounts payable	2,230		(1,264)	25	731
Accrued and other current liabilities	(12,933)		(12,298)	4,514	(16,341)
Income tax payable	344		717	(257)	717
Other long-term liabilities	282		264	3,971	558
Net cash used in operating activities	(3,849)		(26,480)	(11,590)	(23,986)
Cash flows from investing activities:
Restricted cash	175		1,567	124	1,767
Payments of Ordinary Dividends, Noncontrolling Interest	0		(73)	0	(73)
Purchases of aircraft and property, plant and equipment	(6,165)		(19,655)	(11,839)	(37,138)
Proceeds from sale-leaseback of aircraft	0		24,660	0	24,660
Net cash provided by (used in) investing activities	(5,990)		6,499	(11,715)	(10,784)
Proceeds from (Payments for) Other Financing Activities	0		0	0	414
Cash flows from financing activities:
Repayments of subordinated notes	(1,000)		0	(2,000)	0
Repayments of credit facilities	(38,971)		(54,723)	(73,182)	(79,123)
Borrowings from credit facilities	48,756		73,264	97,553	113,131
Other long-term borrowings	(36)		393	(84)	393
Payments under capital leases	(200)		0	(340)	0
Debt issuance costs	(67)		(37)	(137)	(267)
Shares withheld for payment of taxes	(32)		(166)	(32)	(166)
Net cash provided by financing activities	8,450		18,731	21,778	34,382
Effect of foreign currency exchange rates on cash and cash equivalents	281		484	(1,804)	951
Net increase (decrease) in cash and cash equivalents	(1,108)		(766)	(3,331)	563
Cash and cash equivalents at beginning of period	2,874	5,097	3,210	5,097	1,881	1,881
Cash and cash equivalents at end of period	1,766	2,874	2,444	1,766	2,444	5,097
Erickson Air-Crane, Incorporated (EAC)
Cash flows from operating activities:
Net loss	(10,313)		(2,317)	(33,476)	(13,892)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	5,626		6,343	10,898	11,654
Impairment of goodwill			0	0	0
Other asset impairment				3,441
Deferred income taxes	(209)		(12,711)	(1,627)	(16,830)
Non-cash interest expense on debt	229		93	406	130
Stock-based compensation	(48)		236	97	396
Non-cash interest income on loans			0
Amortization of debt issuance costs	630		593	1,254	1,214
Gain on sale of equipment	(69)		(60)	(91)	(121)
Changes in operating assets and liabilities:
Accounts receivable	420		(6,243)	(2,984)	(1,359)
Inventory	487			(8,666)
Prepaid expenses and other current assets	(259)		(893)	263	(1,159)
Income tax receivable, net	170		(19)	170	41
Aircraft support parts, net	1,823		(4,424)	287	(7,759)
Other non-current assets	(202)		202	500	145
Accounts payable	2,024		634	1,034	2,408
Accrued and other current liabilities	(4,720)		(16,051)	13,573	(15,843)
Income tax payable	(14)		(10)	47	(10)
Other long-term liabilities	345		264	4,096	558
Net cash used in operating activities	(4,080)		(34,363)	(10,778)	(40,427)
Cash flows from investing activities:
Restricted cash	0		0	0	0
Payments of Ordinary Dividends, Noncontrolling Interest			0		0
Purchases of aircraft and property, plant and equipment	(5,035)		(8,988)	(9,770)	(19,623)
Proceeds from sale-leaseback of aircraft			24,660		24,660
Net cash provided by (used in) investing activities	(5,035)		15,672	(9,770)	5,037
Proceeds from (Payments for) Other Financing Activities					414
Cash flows from financing activities:
Repayments of subordinated notes	(1,000)			(2,000)
Repayments of credit facilities	(38,971)		(54,723)	(73,182)	(79,123)
Borrowings from credit facilities	48,756		73,264	97,553	113,131
Other long-term borrowings	(36)		393	(84)	393
Payments under capital leases	(1)			(1)
Debt issuance costs	(67)		(37)	(137)	(267)
Shares withheld for payment of taxes	(32)		(166)	(32)	(166)
Net cash provided by financing activities	8,649		18,731	22,117	34,382
Effect of foreign currency exchange rates on cash and cash equivalents	392		433	(1,560)	915
Net increase (decrease) in cash and cash equivalents	(74)		473	9	(93)
Cash and cash equivalents at beginning of period	90	7	10	7	576	576
Cash and cash equivalents at end of period	16	90	483	16	483	7
Guarantor Subsidiaries
Cash flows from operating activities:
Net loss	139		(14,150)	(49,840)	(9,709)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	4,071		2,433	7,399	4,885
Impairment of goodwill			21,272	49,823	21,272
Other asset impairment				2,749
Deferred income taxes	0		0	0	0
Non-cash interest expense on debt	0		0	0	0
Stock-based compensation	0		0	0	0
Non-cash interest income on loans			0
Amortization of debt issuance costs	0		0	0	0
Gain on sale of equipment	(3)		0	(3)	(25)
Changes in operating assets and liabilities:
Accounts receivable	1,966		(3,858)	2,537	5,906
Inventory	0			0
Prepaid expenses and other current assets	(318)		268	29	(64)
Income tax receivable, net	(170)		0	(170)	(3)
Aircraft support parts, net	515		(158)	512	(4,483)
Other non-current assets	496		1,157	2,335	2,753
Accounts payable	1,466		(1,088)	(287)	(1,285)
Accrued and other current liabilities	(6,588)		4,688	(12,858)	(1,894)
Income tax payable	2		4	2	4
Other long-term liabilities	(63)		0	(125)	0
Net cash used in operating activities	1,513		10,568	2,103	17,357
Cash flows from investing activities:
Restricted cash	0		0	0	0
Payments of Ordinary Dividends, Noncontrolling Interest			0		0
Purchases of aircraft and property, plant and equipment	(1,317)		(10,493)	(1,997)	(17,270)
Proceeds from sale-leaseback of aircraft			0		0
Net cash provided by (used in) investing activities	(1,317)		(10,493)	(1,997)	(17,270)
Proceeds from (Payments for) Other Financing Activities					0
Cash flows from financing activities:
Repayments of subordinated notes	0			0
Repayments of credit facilities	0		0	0	0
Borrowings from credit facilities	0		0	0	0
Other long-term borrowings	0		0	0	0
Payments under capital leases	(199)			(339)
Debt issuance costs	0		0	0	0
Shares withheld for payment of taxes	0		0	0	0
Net cash provided by financing activities	(199)		0	(339)	0
Effect of foreign currency exchange rates on cash and cash equivalents	0		0	0	0
Net increase (decrease) in cash and cash equivalents	(3)		75	(233)	87
Cash and cash equivalents at beginning of period	44	274	0	274	(12)	(12)
Cash and cash equivalents at end of period	41	44	75	41	75	274
Non-Guarantor Subsidiaries
Cash flows from operating activities:
Net loss	(67)		(631)	(2,002)	(1,009)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	201		205	419	395
Impairment of goodwill			0	0	0
Other asset impairment				953
Deferred income taxes	(60)		(45)	(60)	90
Non-cash interest expense on debt	0		0	0	0
Stock-based compensation	0		0	0	0
Non-cash interest income on loans			0
Amortization of debt issuance costs	0		0	0	0
Gain on sale of equipment	(4)		(1)	24	(45)
Changes in operating assets and liabilities:
Accounts receivable	1,203		(2,206)	(4,029)	(2,991)
Inventory	0			0
Prepaid expenses and other current assets	943		318	(150)	317
Income tax receivable, net	(195)		807	46	908
Aircraft support parts, net	(774)		(269)	(758)	(473)
Other non-current assets	0		222	(151)	228
Accounts payable	(1,260)		(810)	(722)	(392)
Accrued and other current liabilities	(1,625)		(935)	3,246	1,396
Income tax payable	356		723	269	723
Other long-term liabilities	0		0	0	0
Net cash used in operating activities	(1,282)		(2,622)	(2,915)	(853)
Cash flows from investing activities:
Restricted cash	175		1,567	124	1,767
Payments of Ordinary Dividends, Noncontrolling Interest			(136)		(136)
Purchases of aircraft and property, plant and equipment	187		(174)	(72)	(245)
Proceeds from sale-leaseback of aircraft			0		0
Net cash provided by (used in) investing activities	362		1,257	52	1,386
Proceeds from (Payments for) Other Financing Activities					0
Cash flows from financing activities:
Repayments of subordinated notes	0			0
Repayments of credit facilities	0		0	0	0
Borrowings from credit facilities	0		0	0	0
Other long-term borrowings	0		0	0	0
Payments under capital leases	0			0
Debt issuance costs	0		0	0	0
Shares withheld for payment of taxes	0		0	0	0
Net cash provided by financing activities	0		0	0	0
Effect of foreign currency exchange rates on cash and cash equivalents	(111)		51	(244)	36
Net increase (decrease) in cash and cash equivalents	(1,031)		(1,314)	(3,107)	569
Cash and cash equivalents at beginning of period	2,740	4,816	3,200	4,816	1,317	1,317
Cash and cash equivalents at end of period	1,709	2,740	1,886	1,709	1,886	4,816
Consolidating Entries and Eliminations
Cash flows from operating activities:
Net loss	2		(64)	(4)	(77)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	0		0	0	0
Impairment of goodwill			0	0	0
Other asset impairment				0
Deferred income taxes	0		0	0	0
Non-cash interest expense on debt	0		0	0	0
Stock-based compensation	0		0	0	0
Non-cash interest income on loans			0
Amortization of debt issuance costs	0		0	0	0
Gain on sale of equipment	0		0	0	0
Changes in operating assets and liabilities:
Accounts receivable	(2)		1	4	14
Inventory	0			0
Prepaid expenses and other current assets	0		0	0	0
Income tax receivable, net	0		0	22	0
Aircraft support parts, net	0		0	0	0
Other non-current assets	0		0	0	0
Accounts payable	0		0	0	0
Accrued and other current liabilities	0		0	553	0
Income tax payable	0		0	(575)	0
Other long-term liabilities	0		0	0	0
Net cash used in operating activities	0		(63)	0	(63)
Cash flows from investing activities:
Restricted cash	0		0	0	0
Payments of Ordinary Dividends, Noncontrolling Interest			63		63
Purchases of aircraft and property, plant and equipment	0		0	0	0
Proceeds from sale-leaseback of aircraft			0		0
Net cash provided by (used in) investing activities	0		63	0	63
Proceeds from (Payments for) Other Financing Activities					0
Cash flows from financing activities:
Repayments of subordinated notes	0			0
Repayments of credit facilities	0		0	0	0
Borrowings from credit facilities	0		0	0	0
Other long-term borrowings	0		0	0	0
Payments under capital leases	0			0
Debt issuance costs	0		0	0	0
Shares withheld for payment of taxes	0		0	0	0
Net cash provided by financing activities	0		0	0	0
Effect of foreign currency exchange rates on cash and cash equivalents	0		0	0	0
Net increase (decrease) in cash and cash equivalents	0		0	0	0
Cash and cash equivalents at beginning of period	0	0	0	0	0	0
Cash and cash equivalents at end of period	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0

Consolidating Financial Infor72

Consolidating Financial Information - Narrative (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014	May. 02, 2014
Debt Instrument [Line Items]
Percentage of ownership interest	100.00%
8.25% Second Priority Senior Secured Obligations Due 2020
Debt Instrument [Line Items]
Long-term debt	$ 355	$ 355	$ 355
Interest rate (as a percent)	8.25%		8.25%
Debt maturity date	Jan. 1, 2020

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Income Tax Contingency [Line Items]
Effective tax rate	(7.20%)	37.30%
Federal statutory income tax rate	35.00%
Unrecognized tax benefits	$ 9.2
Income tax penalties accrued	2.8
Foreign Tax Authority | Greece, Tax Authority
Income Tax Contingency [Line Items]
Increase in unrecognized tax benefits	$ 0.3

Reportable Segments - Narrative

Reportable Segments - Narrative (Details) - Segment	Jan. 01, 2015	Jun. 30, 2015
Segment Reporting [Abstract]
Number of Reportable Segments	3	3

Reportable Segments- Revenue (D

Reportable Segments- Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Total net revenues	$ 69,319	$ 80,885	$ 135,481	$ 155,069
Government Aviation Services
Segment Reporting Information [Line Items]
Total net revenues	28,391	41,878	61,266	83,411
Commercial Aviation Services
Segment Reporting Information [Line Items]
Total net revenues	34,319	35,639	60,572	65,545
Manufacturing & MRO
Segment Reporting Information [Line Items]
Total net revenues	$ 6,609	$ 3,368	$ 13,643	$ 6,113

Reportable Segments - Gross Pro

Reportable Segments - Gross Profit (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Gross profit	$ 7,732	$ 13,384	$ 9,106	$ 20,910
Government Aviation Services
Segment Reporting Information [Line Items]
Gross profit	2,117	8,275	6,479	14,588
Commercial Aviation Services
Segment Reporting Information [Line Items]
Gross profit	3,686	5,005	(1,001)	5,301
Manufacturing & MRO
Segment Reporting Information [Line Items]
Gross profit	$ 1,929	$ 104	$ 3,628	$ 1,021

Reportable Segments - Assets (D

Reportable Segments - Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Total assets	$ 649,562	$ 705,521
Assets Held-for-sale, Not Part of Disposal Group, Current	8,436	0
Government Aviation Services
Segment Reporting Information [Line Items]
Total assets	179,229	232,775
Commercial Aviation Services
Segment Reporting Information [Line Items]
Total assets	57,034	56,456
Manufacturing & MRO
Segment Reporting Information [Line Items]
Total assets	22,379	16,207
Corporate [Member]
Segment Reporting Information [Line Items]
Total assets	16,342	13,633
Fixed Assets [Member]
Segment Reporting Information [Line Items]
Total assets	$ 366,142	$ 386,450

- Reconciliation of Segment Ope

- Reconciliation of Segment Operating Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Gross Profit	$ 7,732	$ 13,384	$ 9,106	$ 20,910
Operating expenses, net	(7,574)	(30,814)	(74,111)	(41,163)
Total operating income	158	(17,430)	(65,005)	(20,253)
Non-allocated costs [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating expenses, net	(7,574)	(30,814)	(74,111)	(41,163)
Government Aviation Services
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Gross Profit	2,117	8,275	6,479	14,588
Commercial Aviation Services
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Gross Profit	3,686	5,005	(1,001)	5,301
Manufacturing & MRO
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Gross Profit	$ 1,929	$ 104	$ 3,628	$ 1,021

- Schedule of Revenue by Geogra

- Schedule of Revenue by Geographic Area (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Revenues from External Customers and Long-Lived Assets [Line Items]
Total net revenues	$ 69,319	$ 80,885	$ 135,481	$ 155,069
North America [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total net revenues	27,198	30,515	44,055	48,230
Middle East [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total net revenues	16,568	21,488	33,125	41,439
Europe [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total net revenues	3,051	5,623	3,904	8,937
Asia [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total net revenues	5,379	6,179	10,994	11,936
South America [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total net revenues	10,066	10,442	21,103	18,549
Africa [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total net revenues	6,979	6,585	13,772	14,872
Australia [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total net revenues	$ 78	$ 53	$ 8,528	$ 11,106

Commitments and Contingencies80

Commitments and Contingencies (Details) $ in Millions	1 Months Ended	6 Months Ended
	Aug. 31, 2012SiteParty	Jun. 30, 2015USD ($)	Dec. 31, 2013USD ($)
Loss Contingencies [Line Items]
Accounts payable due			$ 9
Environmental Remediation Matters
Loss Contingencies [Line Items]
First portion of cleanup costs to be borne by the former owner		$ 1.5
Second portion of cleanup costs to be shared by the entity and former owner equally		1
Cleanup costs, in excess of specified amount, to be borne by the former owner		2.5
Loss contingencies, liability paid		0.4
Entity's share of financial responsibility		0.5
Remaining entity's share of financial responsibility liability		$ 0.1
Time frame to monitor the site		20 years
Arizona
Loss Contingencies [Line Items]
Number of Alleged Cleanup Sites | Site	2
Number of parties responsible for contamination | Party	101

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	3 Months Ended			6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2015	Jun. 30, 2014
Related Party Transactions [Abstract]
Expenses and other costs	$ 0	$ 0		$ 0	$ 200,000
Cash received from related party			$ 400,000
Loss Contingency, Legal Costs Related Party Suit				$ 100,000	$ 200,000
Percentage of beneficial owners of Company's common stock				5.00%

Variable Interest Entity (Detai

Variable Interest Entity (Details) - USD ($)	3 Months Ended	6 Months Ended
	Sep. 30, 2014	Jun. 30, 2015	Dec. 31, 2014
Variable Interest Entity [Line Items]
VIE assets		$ 2,500,000	$ 4,100,000
VIE liabilities		800,000	1,900,000
Noncontrolling interest (loss)		$ 406,000	726,000
Grupo Inaer
Variable Interest Entity [Line Items]
Ownership interest percentage by noncontrolling owners		49.00%
Fiduciaria Centro Nord (FCN)
Variable Interest Entity [Line Items]
Ownership interest percentage by noncontrolling owners		2.00%
European Air-Crane S.p.A.
Variable Interest Entity [Line Items]
Variable interest entity, ownership interest percentage		49.00%
European Air-Crane S.p.A.
Variable Interest Entity [Line Items]
Noncontrolling interest (loss)		$ 500,000	700,000
Costa Do Sol
Variable Interest Entity [Line Items]
Variable interest entity, ownership interest percentage	60.00%
VIE assets		800,000	100,000
VIE liabilities		1,100,000	100,000
Noncontrolling interest (loss)		$ (100,000)	$ 0

Earnings (Loss) Per Share (Deta

Earnings (Loss) Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share [Abstract]
Net loss attributable to common shareholders	$ (10,121)	$ (17,109)	$ (85,091)	$ (24,703)
Basic weighted average shares outstanding (in shares)	13,831,127	13,799,501	13,827,493	13,794,491
Dilutive effect of stock-based awards (in shares)	0	0	0	0
Dilutive weighted average shares outstanding (in shares)	13,831,127	13,799,501	13,827,493	13,794,491
Basic loss per share (in dollars per share)	$ (0.73)	$ (1.24)	$ (6.15)	$ (1.79)
Diluted loss per share (in dollars per share)	$ (0.73)	$ (1.24)	$ (6.15)	$ (1.79)
Antidilutive common stock equivalents excluded from diluted loss per share (in shares)	5,728	3,863	9,601	8,222

Stock-based Compensation - Narr

Stock-based Compensation - Narrative (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Jul. 02, 2015	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of common stock shares reserved for issuance under long term incentive plan (in shares)						417,649
Number of common stock shares available for grant under long term incentive plan (in shares)	26,698		26,698
Weighted average period for unrecognized stock-based compensation expense			93 days
Restricted Stock Award Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	0	0	0	15,500
CEO Plan and Stock Option Agreement | Subsequent Event | Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of common stock shares reserved for issuance under long term incentive plan (in shares)					165,000

Stock-based Compensation - Rest

Stock-based Compensation - Restricted Stock Unit Award Activity (Details) - Restricted Stock Award Units - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Restricted Stock Award Units
Beginning balance (in shares)			55,603
Granted (in shares)	0	0	0	15,500
Vested restricted stock units (in shares)			(16,213)
Forfeited (in shares)			(18,890)
Ending balance (in shares)	20,500		20,500
Weighted-Average Grant Date Fair Value
Beginning balance (in dollars per share)			$ 13.59
Granted (in dollars per share)			0
Vested restricted stock units (in dollars per share)			7.51
Forfeited (in dollars per share)			14.15
Ending balance (in dollars per share)	$ 17.88		$ 17.88

Stock-based Compensation - Stoc

Stock-based Compensation - Stock-Based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation expense	$ (48)	$ 236	$ 97	$ 396
2,015	141		141
2,016	51		51
Thereafter	0		0
Total	192		192
Cost of Revenues
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation expense	3	14	15	30
Operating Expense
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation expense	$ (51)	$ 222	$ 82	$ 366