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Revenue from Contracts with Customers (Tables)
3 Months Ended
Mar. 31, 2018
Revenue From Contract With Customer [Abstract]  
Summary of Revenue Disaggregated by Geographical Region and Source of Revenue

In the following table, revenue is disaggregated by primary geographical region and source of revenue:

 

 

Three Months ended

 

 

 

 

 

 

 

March 31, 2018

 

 

 

 

 

 

 

U.S.

 

 

International

 

 

Total

 

 

 

(In thousands)

 

 

 

 

 

Geographical region

 

 

 

 

 

 

 

 

 

 

 

 

Asia

 

$

 

 

$

8,228

 

 

$

8,228

 

Canada

 

 

 

 

 

1,675

 

 

 

1,675

 

Europe

 

 

 

 

 

2,455

 

 

 

2,455

 

Latin America

 

 

 

 

 

834

 

 

 

834

 

U.S.

 

 

9,882

 

 

 

 

 

 

9,882

 

 

 

$

9,882

 

 

$

13,192

 

 

$

23,074

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source of revenue

 

 

 

 

 

 

 

 

 

 

 

 

Product revenue

 

$

9,324

 

 

$

12,353

 

 

$

21,677

 

Subsea projects

 

 

5

 

 

 

839

 

 

 

844

 

Research services

 

 

553

 

 

 

 

 

 

553

 

 

 

$

9,882

 

 

$

13,192

 

 

$

23,074

 

 

Summary of Changes in Contract Assets and Contract Liabilities

The following table presents changes in the Company’s contract assets and contract liabilities during the three months ended March 31, 2018:

 

 

Balance at December 31, 2017

 

 

Additions

 

 

Deductions

 

 

Balance at March 31, 2018

 

 

 

(In thousands)

 

Contract assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Subsea projects

 

$

2,463

 

 

$

466

 

 

$

(2,925

)

 

$

4

 

Research services

 

 

425

 

 

 

552

 

 

 

(518

)

 

 

459

 

Total contract assets

 

 

2,888

 

 

 

1,018

 

 

 

(3,443

)

 

 

463

 

Contract liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred revenue

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product revenue

 

 

1,178

 

 

 

1,025

 

 

 

(696

)

 

 

1,507

 

Subsea projects

 

 

126

 

 

 

 

 

 

(126

)

 

 

 

Total contract liabilities

 

$

1,304

 

 

$

1,025

 

 

$

(822

)

 

$

1,507