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Segment Information (Tables)
6 Months Ended
Jun. 30, 2011
Segment Reporting [Abstract]  
Operating Results, Capital Expenditures And Assets By Reporting Segment
The following tables summarize the operating results, capital expenditures and assets of the Company’s reportable segments.
 
Offshore
Marine
Services
$’000
 
Aviation
Services
$’000
 
Inland
River
Services
$’000
 
Marine
Transportation
Services
$’000
 
Emergency and Crisis Services
$’000
 
Commodity
Trading
and Logistics
$’000
 
Other
$’000
 
Corporate
and
Eliminations
$’000
 
Total
$’000
For the three months ended September 30, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External customers
134,294

 
77,989

 
49,592

 
27,266

 
9,227

 
145,725

 
17,965

 

 
462,058

Intersegment
28

 

 
3,701

 
88

 
40

 

 
21

 
(3,878
)
 

 
134,322

 
77,989

 
53,293

 
27,354

 
9,267

 
145,725

 
17,986

 
(3,878
)
 
462,058

Costs and Expenses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating
88,842

 
46,235

 
38,320

 
15,584

 
5,871

 
137,281

 
12,543

 
(3,729
)
 
340,947

Administrative and general
14,795

 
10,338

 
3,480

 
4,301

 
4,256

 
2,236

 
2,655

 
8,399

 
50,460

Depreciation and amortization
16,051

 
10,937

 
7,335

 
5,639

 
483

 
1,641

 
2,345

 
854

 
45,285

 
119,688

 
67,510

 
49,135

 
25,524

 
10,610

 
141,158

 
17,543

 
5,524

 
436,692

Gains on Asset Dispositions and Impairments, Net
6,585

 
613

 
3,503

 
145

 

 

 
(1,169
)
 

 
9,677

Operating Income (Loss)
21,219

 
11,092

 
7,661

 
1,975

 
(1,343
)
 
4,567

 
(726
)
 
(9,402
)
 
35,043

Other Income (Expense):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivative losses, net

 
(188
)
 

 

 

 
(4,304
)
 

 
(157
)
 
(4,649
)
Foreign currency (gains) losses, net
717

 
(272
)
 
33

 
10

 
26

 
(183
)
 
6

 
295

 
632

Other, net

 

 

 
4

 

 

 
7,141

 
(47
)
 
7,098

Equity in Earnings (Losses) of 50% or Less Owned Companies, Net of Tax
1,238

 
219

 
(2,227
)
 
(551
)
 
72

 
(1
)
 
172

 

 
(1,078
)
Segment Profit (Loss)
23,174

 
10,851

 
5,467

 
1,438

 
(1,245
)
 
79

 
6,593

 
 
 
 
Other Income (Expense) not included in Segment Profit
 
(10,265
)
Plus Equity Losses included in Segment Profit
 
1,078

Income Before Taxes, Equity Losses and Discontinued Operations
 
27,859

 
Offshore
Marine
Services
$’000
 
Aviation
Services
$’000
 
Inland
River
Services
$’000
 
Marine
Transportation
Services
$’000
 
Emergency and Crisis
Services
$’000
 
Commodity
Trading and
Logistics
$’000
 
Other
$’000
 
Corporate
and
Eliminations
$’000
 
Total
$’000
For the nine months ended September 30, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External customers
378,591

 
202,024

 
149,238

 
79,166

 
27,846

 
562,166

 
55,334

 

 
1,454,365

Intersegment
93

 
2

 
10,847

 
263

 
75

 

 
151

 
(11,431
)
 

 
378,684

 
202,026

 
160,085

 
79,429

 
27,921

 
562,166

 
55,485

 
(11,431
)
 
1,454,365

Costs and Expenses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating
258,266

 
124,913

 
110,966

 
48,064

 
18,552

 
542,640

 
35,919

 
(11,051
)
 
1,128,269

Administrative and general
39,797

 
27,210

 
11,235

 
9,710

 
11,721

 
8,788

 
8,468

 
24,829

 
141,758

Depreciation and amortization
44,792

 
31,031

 
21,586

 
16,956

 
1,458

 
4,292

 
6,407

 
1,775

 
128,297

 
342,855

 
183,154

 
143,787

 
74,730

 
31,731

 
555,720

 
50,794

 
15,553

 
1,398,324

Gains on Asset Dispositions
  and Impairments, Net
9,054

 
3,455

 
6,288

 
145

 
5

 

 
691

 

 
19,638

Operating Income (Loss)
44,883

 
22,327

 
22,586

 
4,844

 
(3,805
)
 
6,446

 
5,382

 
(26,984
)
 
75,679

Other Income (Expense):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivative losses, net

 
(492
)
 

 

 

 
(3,850
)
 

 
(939
)
 
(5,281
)
Foreign currency gains (losses), net
1,486

 
633

 
(60
)
 
16

 
20

 
(118
)
 
(17
)
 
232

 
2,192

Other, net
11

 
30

 

 
83

 

 

 
7,349

 
14

 
7,487

Equity in Earnings (Losses) of 50% or Less Owned Companies, Net of Tax
4,068

 
(5,444
)
 
(1,538
)
 
(1,542
)
 
286

 
6,153

 
(768
)
 

 
1,215

Segment Profit (Loss)
50,448

 
17,054

 
20,988

 
3,401

 
(3,499
)
 
8,631

 
11,946

 
 
 
 
Other Income (Expense) not included in Segment Profit
 
 
 
 
 
 
 
 
 
 
 
(9,291
)
Less Equity Earnings included in Segment Profit
 
 
 
 
 
 
 
 
 
 
 
(1,215
)
Income Before Taxes, Equity Earnings and Discontinued Operations
 
 
 
 
 
 
 
 
 
70,786

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Capital Expenditures
112,527

 
91,910

 
22,296

 
4,768

 
451

 
32

 
21,385

 
3,604

 
256,973

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
As of September 30, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Property and Equipment
822,454

 
777,706

 
378,193

 
198,040

 
1,350

 
40,046

 
163,454

 
21,978

 
2,403,221

Investments, at Equity, and Advances to 50% or Less Owned Companies
68,003

 
35,755

 
54,250

 
70,413

 
505

 

 
37,663

 

 
266,589

Inventories (1)
6,249

 
26,590

 
2,435

 

 
917

 
40,134

 
1,533

 

 
77,858

Goodwill
13,367

 
352

 
4,345

 
550

 
37,138

 

 
1,302

 

 
57,054

Intangible Assets
4,557

 

 
7,996

 
1,213

 
5,153

 
681

 
331

 

 
19,931

Other current and long-term assets, excluding cash and near cash assets(2)
155,387

 
90,169

 
50,049

 
4,698

 
14,544

 
76,765

 
50,823

 
45,733

 
488,168

Segment Assets
1,070,017

 
930,572

 
497,268

 
274,914

 
59,607

 
157,626

 
255,106

 
 
 
 
Cash and near cash assets(2)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
601,390

Discontinued operations
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
3,025

Total Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
3,917,236

______________________
(1)
Inventories for Commodity Trading and Logistics includes raw materials of $2.9 million and work in process of $0.7 million resulting from the acquisition of ICP (see Note 4).
(2)
Cash and near cash assets includes cash, cash equivalents, restricted cash, marketable securities, construction reserve funds and Title XI reserve funds.
 
Offshore
Marine
Services
$’000
 
Aviation
Services
$’000
 
Inland
River
Services
$’000
 
Marine
Transportation
Services
$’000
 
Emergency and Crisis Services $’000
 
Commodity
Trading and
Logistics
$’000
 
Other
$’000
 
Corporate
and
Eliminations
$’000
 
Total
$’000
For the three months ended September 30, 2011
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External customers
93,256

 
71,804

 
45,349

 
24,696

 
14,080

 
279,178

 
16,726

 

 
545,089

Intersegment
21

 

 
2,526

 
87

 

 

 
15

 
(2,649
)
 

 
93,277

 
71,804

 
47,875

 
24,783

 
14,080

 
279,178

 
16,741

 
(2,649
)
 
545,089

Costs and Expenses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating
68,457

 
45,701

 
31,196

 
15,194

 
9,141

 
279,180

 
9,117

 
(2,544
)
 
455,442

Administrative and general
10,687

 
6,841

 
2,206

 
2,044

 
2,961

 
1,944

 
2,523

 
6,181

 
35,387

Depreciation and amortization
11,785

 
9,093

 
6,464

 
5,833

 
655

 
12

 
2,129

 
466

 
36,437

 
90,929

 
61,635

 
39,866

 
23,071

 
12,757

 
281,136

 
13,769

 
4,103

 
527,266

Gains (Losses) on Asset Dispositions and Impairments, Net
5,241

 
4,894

 
1,303

 

 
7

 

 
(315
)
 
(144
)
 
10,986

Operating Income (Loss)
7,589

 
15,063

 
9,312

 
1,712

 
1,330

 
(1,958
)
 
2,657

 
(6,896
)
 
28,809

Other Income (Expense):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivative losses, net

 
(807
)
 

 

 

 
(3,063
)
 

 
(22,084
)
 
(25,954
)
Foreign currency gains (losses), net
(2,129
)
 
(95
)
 

 
(18
)
 
17

 
153

 
(75
)
 
(979
)
 
(3,126
)
Other, net
6

 

 

 
131

 

 

 
(1
)
 
(175
)
 
(39
)
Equity in Earnings (Losses) of 50% or Less Owned Companies, Net of Tax
8,754

 
106

 
2,771

 

 

 
(2,267
)
 
291

 

 
9,655

Segment Profit (Loss)
14,220

 
14,267

 
12,083

 
1,825

 
1,347

 
(7,135
)
 
2,872

 
 
 
 
Other Income (Expense) not included in Segment Profit
 
(5,170
)
Less Equity Earnings included in Segment Profit
 
(9,655
)
Loss Before Taxes, Equity Earnings and Discontinued Operations
 
(5,480
)
 
Offshore
Marine
Services
$’000
 
Aviation
Services
$’000
 
Inland
River
Services
$’000
 
Marine
Transportation
Services
$’000
 
Emergency and Crisis Services
$’000
 
Commodity
Trading
and Logistics
$’000
 
Other
$’000
 
Corporate
and
Eliminations
$’000
 
Total
$’000
For the nine months ended September 30, 2011
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
External customers
266,939

 
196,434

 
127,959

 
66,169

 
64,188

 
718,511

 
52,183

 

 
1,492,383

Intersegment
68

 
18

 
7,827

 
262

 

 

 
15

 
(8,190
)
 

 
267,007

 
196,452

 
135,786

 
66,431

 
64,188

 
718,511

 
52,198

 
(8,190
)
 
1,492,383

Costs and Expenses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating
199,719

 
121,623

 
87,797

 
37,757

 
36,245

 
703,842

 
27,417

 
(7,850
)
 
1,206,550

Administrative and general
33,535

 
20,090

 
8,069

 
5,607

 
9,327

 
6,806

 
8,353

 
24,424

 
116,211

Depreciation and amortization
36,523

 
33,402

 
17,877

 
16,539

 
1,655

 
37

 
6,655

 
1,409

 
114,097

 
269,777

 
175,115

 
113,743

 
59,903

 
47,227

 
710,685

 
42,425

 
17,983

 
1,436,858

Gains on Asset Dispositions and Impairments, Net
13,212

 
13,260

 
1,978

 

 
7

 

 
229

 
(144
)
 
28,542

Operating Income (Loss)
10,442

 
34,597

 
24,021

 
6,528

 
16,968

 
7,826

 
10,002

 
(26,317
)
 
84,067

Other Income (Expense):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivative losses, net

 
(1,308
)
 

 

 

 
(6,985
)
 

 
(27,580
)
 
(35,873
)
Foreign currency gains (losses), net
(1,812
)
 
596

 

 
4

 
(41
)
 
132

 
(98
)
 
4,568

 
3,349

Other, net
6

 

 
4

 
187

 
2

 

 
(2
)
 
(470
)
 
(273
)
Equity in Earnings (Losses) of 50% or Less Owned Companies, Net of Tax
9,689

 
1,061

 
3,181

 

 

 
(3,267
)
 
(95
)
 

 
10,569

Segment Profit (Loss)
18,325

 
34,946

 
27,206

 
6,719

 
16,929

 
(2,294
)
 
9,807

 
 
 
 
Other Income (Expense) not included in Segment Profit
 
 
 
 
 
 
 
 
 
 
 
(21,914
)
Less Equity Earnings included in Segment Profit
 
 
 
 
 
 
 
 
 
 
 
(10,569
)
Income Before Taxes, Equity Earnings and Discontinued Operations
 
 
 
 
 
 
 
 
 
29,356

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Capital Expenditures
50,096

 
88,894

 
40,786

 
10,460

 
36

 
60

 
13,253

 
3,026

 
206,611

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
As of September 30, 2011
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
Property and Equipment
610,056

 
650,750

 
361,515

 
233,892

 
805

 
178

 
154,081

 
20,580

 
2,031,857

Investments, at Equity, and Advances to 50% or Less Owned Companies
69,272

 
51,395

 
42,870

 
12,340

 

 
9,441

 
58,360

 

 
243,678

Inventories
4,475

 
24,222

 
2,149

 
365

 
448

 
37,631

 
1,333

 

 
70,623

Goodwill
13,367

 
352

 
1,743

 
606

 
37,040

 

 
1,302

 

 
54,410

Intangible Assets
6,482

 

 
815

 
1,630

 
6,683

 

 
445

 

 
16,055

Other current and long-term assets, excluding cash and near cash assets(1)
117,011

 
68,865

 
54,117

 
5,163

 
18,866

 
89,458

 
67,791

 
27,045

 
448,316

Segment Assets
820,663

 
795,584

 
463,209

 
253,996

 
63,842

 
136,708

 
283,312

 
 
 
 
Cash and near cash assets(1)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
702,400

Discontinued operations
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
94,979

Total Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
3,662,318

 ______________________
(1)
Cash and near cash assets includes cash, cash equivalents, restricted cash, marketable securities, construction reserve funds and Title XI reserve funds.