Discontinued Operations (Notes)

3 Months Ended

Mar. 31, 2019

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

DISCONTINUED OPERATIONS

On March 1, 2018, we closed a series of related transactions that resulted in the disposition of our Offshore Division. As a result, we have accounted for our Offshore Division, consisting of our Offshore Services and Maritech segments, as discontinued operations and have revised prior period financial statements to exclude these businesses from continuing operations. A summary of financial information related to our discontinued operations is as follows:

Reconciliation of the Line Items Constituting Pretax Loss from Discontinued Operations to the After-Tax Loss from Discontinued Operations

(in thousands)

	Three Months Ended March 31, 2019								Three Months Ended March 31, 2018
	Offshore Services			Maritech		Total			Offshore Services			Maritech			Total
Major classes of line items constituting pretax loss from discontinued operations
Revenue	$	—		$	—	$	—		$	4,477		$	186		$	4,663
Cost of revenues	22			—		22			11,123			238			11,361
Depreciation, amortization, and accretion	—			—		—			1,856			213			2,069
General and administrative expense	404			—		404			1,253			186			1,439
Other (income) expense, net	—			—		—			39			—			39
Pretax loss from discontinued operations	(426		)	—		(426		)	(9,794		)	(451		)	(10,245		)
Pretax loss on disposal of discontinued operations						—									(33,788		)
Total pretax loss from discontinued operations						(426		)							(44,033		)
Income tax benefit						—									(2,327		)
Total loss from discontinued operations						$	(426	)							$	(41,706	)

Reconciliation of Major Classes of Assets and Liabilities of the Discontinued Operations to Amounts Presented Separately in the Statement of Financial Position

(in thousands)

	March 31, 2019						December 31, 2018
	Offshore Services		Maritech		Total		Offshore Services		Maritech		Total
Carrying amounts of major classes of assets included as part of discontinued operations
Trade receivables	$	81	$	1,340	$	1,421	$	—	$	1,340	$	1,340
Other current assets	1		—		1		14		—		14
Assets of discontinued operations	$	82	$	1,340	$	1,422	$	14	$	1,340	$	1,354
Carrying amounts of major classes of liabilities included as part of discontinued operations
Trade payables	$	616	$	—	$	616	$	740	$	—	$	740
Accrued liabilities	838		2,075		2,913		1,330		2,075		3,405
Liabilities of discontinued operations	$	1,454	$	2,075	$	3,529	$	2,070	$	2,075	$	4,145