Business Segments (Tables)

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting

The following tables presents selected financial data by business segment:

	Three months ended June 30,
	2023			2022			2023		2022		2023		2022		2023			2022			2023		2022
	Subsea Products						Subsea Services				Well Construction				Corporate						Total
	(In thousands)
Revenue	$	44,579		$	49,466		$	23,586	$	25,265	$	21,442	$	19,247	$	-		$	-		$	89,607	$	93,978
Depreciation and amortization		1,745			1,787			2,773		3,088		1,816		1,672		715			1,123			7,049		7,670
Operating income (loss)		(1,894	)		(4,322	)		1,230		4,799		6,491		4,992		(2,221	)		(9,338	)		3,606		(3,869	)

	Six months ended June 30,
	2023			2022			2023		2022		2023		2022		2023			2022			2023		2022
	Subsea Products						Subsea Services				Well Construction				Corporate						Total
	(In thousands)
Revenue	$	90,696		$	95,749		$	47,482	$	47,016	$	42,294	$	34,350	$	-		$	-		$	180,472	$	177,115
Depreciation and amortization		3,344			3,573			5,527		6,128		3,559		3,279		1,508			2,249			13,938		15,229
Operating income (loss)		(399	)		(6,898	)		10,613		5,183		7,054		7,547		(10,474	)		(15,292	)		6,794		(9,460	)