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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash flows from operating activities:      
Net income (loss), including noncontrolling interests $ 133,077 $ (124,153) $ 175,751
Adjustments to reconcile net income (loss), including noncontrolling interests to net cash provided by operating activities -      
Depreciation and amortization 311,103 317,116 262,617
Asset impairment charges 139,167 181,083 121,855
Goodwill and other indefinite-lived intangible impairments    16,743 [1]  
Exploratory drilling and related expenditures 8,264 5,969 21,367
Equity in earnings of investments, net of distributions     (6,321)
Amortization of deferred financing costs 8,910 7,703 6,693
Income from discontinued operations     (9,581)
Stock compensation expense 8,365 8,996 11,992
Amortization of debt discount 8,973 8,409 7,880
Deferred income taxes (4,188) (46,836) (64,926)
Excess tax benefit from stock-based compensation 1,013 3,945 (895)
Unrealized loss (gain) on derivative contracts 382 1,568 (5,237)
Loss on early extinguishment of Senior Unsecured Notes 2,354    
Other than temporary loss on equity investments 10,563 2,240  
Gain on investment in Cal Dive common stock (753)   (77,343)
Gain on sale of assets (4,525) (9,405) (2,019)
Changes in operating assets and liabilities:      
Accounts receivable, net (47,998) (46,191) 52,245
Other current assets 560 21,894 51,158
Income tax payable 6,472 214 48,831
Accounts payable and accrued liabilities 28,230 48,411 (62,341)
Oil and gas asset retirement costs (41,980) (61,763) (45,038)
Other noncurrent, net (833) (4,489) (62,750)
Cash provided by operating activities 567,156 331,454 423,938
Cash used in discontinued operations     (6,261)
Net cash provided by operating activities 567,156 331,454 417,677
Cash flows from investing activities:      
Capital expenditures (219,769) (206,772) (423,373)
Investments in equity investments (2,699) (8,253) (1,657)
Distributions from equity investments, net 3,965 10,539 6,742
Proceeds from insurance reimbursement   16,106  
Proceeds from sale of Cal Dive common stock 3,588    418,168
Reduction in cash from deconsolidation of Cal Dive     (112,995)
Proceeds from sales of property 31,000 6,894 23,717
Decrease (increase) in restricted cash 1,598 (70) (6)
Cash used in investing activities (182,317) (181,556) (89,404)
Cash provided by discontinued operations     20,872
Net cash used in investing activities (182,317) (181,556) (68,532)
Cash flows from financing activities:      
Repayment of Helix term loan (130,691) (4,326) (4,326)
Borrowings on Helix Revolver 109,400    
Repayments on Helix Revolver (109,400)   (349,500)
Early extinguishment of Senior Unsecured Notes (77,394)    
Repayment of MARAD borrowings (4,645) (4,424) (4,214)
Borrowings on CDI Revolver     100,000
Repayments on CDI term loan     (20,000)
Loan notes repayment (1,215) (2,517) (2,130)
Deferred financing costs (9,311) (2,947) (6,970)
Preferred stock dividends paid (40) (114) (645)
Repurchase of common stock (7,604) (11,680) (13,995)
Excess tax benefit from stock-based compensation (1,013) (3,945) 895
Exercise of stock options, net 2,018 674 176
Net cash used in financing activities (229,895) (29,279) (300,709)
Effect of exchange rate changes on cash and cash equivalents 436 (207) (1,376)
Net increase in cash and cash equivalents 155,380 120,412 47,060
Cash and cash equivalents:      
Balance, beginning of year 391,085 270,673 223,613
Balance, end of year $ 546,465 $ 391,085 $ 270,673
[1] Amount reflects full write off of goodwill associated with our WOSEA operations.